Fannie Mae sells $7.5 bln new 2-yr benchmark notes

NEW YORK, Nov 5 (BestGrowthStock) – Fannie Mae (FNMA.OB: ), the
largest source of U.S. home funding, said on Friday it sold
$7.5 billion of new two-year benchmark notes due Dec. 28.
2012..

The 0.375 percent notes were priced at 99.837 to yield
0.452 or 10.5 basis points over comparable U.S. Treasuries.

Fannie Mae said it hired Barclays Capital, Deutsche Bank
and UBS to manage the sale.
(Reporting by Caryn Trokie; Editing by Theodore d’Afflisio)

Fannie Mae sells $7.5 bln new 2-yr benchmark notes