Replies to post #37 on Fannie Mae Series E Preferred 5.10% (FNMFM)

[sidedraft]

Just for comparison, which tickers are you talking about?

Whereas these are perpetual, the Freddie PFD were recently reclassified as callable and the rate of payout was indexed to a formula using LIBOR 3 mos. rate plus 6.4% or 7.875% whichever is higher.