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Re: big-yank post# 372007

Monday, 12/19/2016 5:37:13 PM

Monday, December 19, 2016 5:37:13 PM

Post# of 796627
Paying coupon - not a big issue - either way is fine

I do not see - using Quantum online - such a call date for FNMAS

Indeed not sure what a redemption window is - other than any day between the call protection date and the maturity date?

redemption window?

to me the issue is maturity date - the date they MUST be redeemed

FNMAS has no maturity date - it is a perpetual preferred - callable at the wish and whim of the issuer

again - maybe I need to better understand redemption window and why that impacts not CALLING in or REDEEMING in less than five years

http://www.quantumonline.com/search.cfm

Also - FNMAI and FNMAT - which I follow along with FNMAS also are perpetual - with no obligation on Fannie to ever redeem as long as they are paying the dividend