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Fannie Mae Auction System Technology

Fannie Mae's Benchmark Bills® are issued to approved securities dealers through a Dutch auction process executed over the Internet using Fannie Mae Auction System Technology. Fannie Mae uses this technology for Benchmark Bills in place of the traditional syndicated underwriting method to accommodate the greater frequency of issuance. Benchmark Bills are issued in three month, six month, and one year maturities. The results are posted to our web site within minutes of the auction. Fannie Mae also periodically issues Discount Notes and Benchmark Notes® using the auction system. The link below directs you to the Fannie Mae Auction System Technology Calendar page. To log in to Fannie Mae Auction System Technology, select the "login" link in the top right corner of the Calendar.


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For additional information on Fannie Mae Auction System Technology, please contact us.