News Focus
News Focus
icon url

~MulaGreen~

08/14/13 6:10 PM

#110827 RE: ~ Blue ~ #110820

Outstanding Debt:$608.4 billion woooot

Total outstanding debt of Fannie Mae includes short-term and long-term debt, excluding debt of consolidated trusts.
As of June 30, 2013 and December 31, 2012 , our outstanding short-term debt, based on its original contractual maturity, as a percentage of our total outstanding debt was 17% . For information on our outstanding debt maturing within one year, including the current portion of our long-term debt, as a percentage of our total debt, see “Maturity Profile of Outstanding Debt of Fannie Mae.” In addition, the weighted-average interest rate on our long-term debt, based on its original contractual maturity, decreased to 2.08% as of June 30, 2013 from 2.25% as of December 31, 2012 .
Pursuant to the terms of the senior preferred stock purchase agreement, we are prohibited from issuing debt without the prior consent of Treasury if it would result in our aggregate indebtedness exceeding our outstanding debt limit, which is 120% of the amount of mortgage assets we were allowed to own on December 31 of the immediately preceding calendar year. Our debt limit under the senior preferred stock purchase agreement was reduced to $780.0 billion in 2013. As of June 30, 2013 , our aggregate indebtedness totaled $608.4 billion , which was $171.6 billion below our debt limit. The calculation of our indebtedness for purposes of complying with our debt limit reflects the unpaid principal balance and excludes debt basis adjustments and debt of consolidated trusts. Because of our debt limit, we may be restricted in the amount of debt we issue to fund our operations.

Watch the PPS Going under a Buck!!!
icon url

TieetCoolee

08/14/13 6:13 PM

#110829 RE: ~ Blue ~ #110820

Predicting the next GSE move with a 1 minute chart??? That's what the noise was all about???

with 1 minute chart a person thinks this will go down.. lol..

LMAOOOO, that will make a fine a wiss sandwich right there... Two slices of bread, and you WISS you had some cheese!