Wednesday, May 16, 2007

Fannie Mae sells $1 bln 10-yr notes in reopening

(Reuters) - The bid-to-cover ratio was 3.425-to-1.

Earlier on Wednesday, Fannie Mae sold $3.0 billion in new five-year benchmark notes due May 18, 2012 via joint lead managers Barclays Capital, Lehman Brothers and UBS Securities.


Read more at Reuters.com Bonds News

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