Fannie Mae-No Politics (FNMA)

[Phisherman]

Fannie Mae to sell new 3-year notes on Thursday
01/07 10:18 AM
NEW YORK, Jan 7 (Reuters) - Fannie Mae (FNM:$0.8015,$-0.0485,-5.71%) <FNM.P> said on Wednesday it plans to sell a new three-year benchmark note issue on Thursday.
The notes will mature on Jan. 9, 2012 and are expected to yield about 93 basis points over U.S. Treasuries.
The size of the sale has not been determined.
Fannie Mae (FNM:$0.8015,$-0.0485,-5.71%) hired Deutsche Bank, Barclays and JPMorgan to manage the sale. (Reporting by Caryn Trokie; Editing by Tom Hals)