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Supplement dated October 23, 2015 |
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To Pricing Supplement dated October 19, 2015 |
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(To Offering Circular dated June 11, 2014) |
 Universal Debt Facility This Supplement supplements the Pricing Supplement dated October 19, 2015, and relates to the Debt Securities described below (the "Notes"). You should read it together with the Offering Circular dated June 11, 2014 (the "Offering Circular"), relating to the Universal Debt Facility of the Federal National Mortgage Association ("Fannie Mae"). Unless defined below, capitalized terms have the meanings we gave to them in the Offering Circular. The Notes offered by this Supplement, when issued, will form a single issue with the
$130,000,000.00 aggregate principal amount of such Notes (the "Outstanding Notes") that we issued in one or more prior transactions. With the exception of the terms set forth below, the Notes will have the terms set forth in the Pricing Supplement dated October 19, 2015, a copy of which is attached. The Notes, together with interest thereon, are not guaranteed by the United States and do not constitute a debt or obligation of the United States or of any agency or instrumentality thereof other than Fannie Mae.
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1. |
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Title: Step Rate Notes Due October 29, 2020 |
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2. |
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Aggregate Principal Amount: $15,000,000.00 ($145,000,000.00 aggregate principal amount outstanding when combined with the Outstanding Notes) |
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3. |
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Issue Date: October 29, 2015 |
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1. |
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Pricing Date: |
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October 23, 2015 |
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2. |
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Method of Distribution: |
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X Principal |
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__ Non-underwritten |
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3. |
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The following dealers have agreed, jointly and severally, to purchase all of the Notes: |
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Incapital, LLC |
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Stifel Nicolaus & Company, Incorporated |
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a. |
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Representative(s): |
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Incapital, LLC |
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b. |
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Stabilizing Manager: |
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Incapital, LLC |
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X |
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Fixed Offering Price: 100.00% of principal amount, plus accrued interest, if any, from October 29, 2015 |
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__ |
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Variable Price Offering |
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5. |
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Dealer Purchase Price: 99.87% of principal amount, plus accrued interest, if any, from October 29, 2015 |
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6. |
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Proceeds to Fannie Mae: |
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$14,980,500.00 |
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1. |
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Settlement Date: |
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October 29, 2015 |
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