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Press Release

Fannie Mae Forgoes Issuing Benchmark Notes on its July 28, 2011 Announcement Date

July 28, 2011

Katherine Constantinou


Fannie Mae (FNMA/OTC) today announced that it will not utilize its second (July 28th) Benchmark Notes® announcement date this month. As announced in our 2011 Benchmark Securities Issuance Calendar, the company may forego any scheduled Benchmark Notes Issuance.

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.