Fannie Mae-No Politics (FNMA)

[Phisherman]

Fannie Mae sells $2 bln bills at mixed rates
01/14 09:53 AM
NEW YORK, Jan 14 (Reuters) - Fannie Mae (FNM:$0.7015,$-0.0385,-5.20%) <FNM.P> said on Wednesday it sold $2 billion in bills at mixed interest rates compared with sales of the same maturities and size a week ago.
Fannie Mae (FNM:$0.7015,$-0.0385,-5.20%) said it sold $1 billion of three-month benchmark bills due April 15, 2009 at a stop-out rate, or lowest accepted rate, of 0.250 percent and $1 billion of six-month bills due July 15, 2009 at a 0.388 percent stop-out rate.
The three-month bills were priced at 99.937 and have a money market yield of 0.250 percent, and the six-month bills were priced at 99.804 and have a money market yield of 0.389 percent, according to Fannie Mae (FNM:$0.7015,$-0.0385,-5.20%) .
On Jan. 7, Fannie sold $1 billion of three-month bills at a 0.199 percent stop-out rate and $1 billion of six-month bills at a 0.400 percent stop-out rate.
Settlement for the new bills is Jan. 14-15. (Reporting by Caryn Trokie; Editing by Tom Hals)