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Press Release

Fannie Mae Prices New Issue 3-Year Benchmark Notes Due July 10, 2023

July 8, 2020

WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) today announced the offering of new issue three-year Benchmark Notes® due July 10, 2023. Fannie Mae's Benchmark Notes offerings typically price and settle within a few business days of the announcement date.


3 -Year

Pricing Date

July 8, 2020

Settlement Date

July 10, 2020

Maturity Date

July 10, 2023

Issue Size

$7.0 billion







Payment Dates

Each January 10 and July 10 beginning January 10, 2021


+ 14 basis points / 0.125% 7/15/23 U.S. Treasury



Barclays Capital Inc., Citigroup Global Markets Inc., Siebert Williams Shank & Co. LLC., and Wells Fargo Securities, LLC., are the lead managers. The co-managers include Academy Securities Inc., C.L. King & Associates, Drexel Hamilton, LLC., Guzman & Company and MFR Securities.

About Fannie Mae
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit: | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

Media Contact
Christopher Davis

Fannie Mae Newsroom

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Fannie Mae Resource Center

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and no reliance may be placed on the completeness or accuracy of the information contained in this press release.

You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.

Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.