Fannie Mae Returns To Long-Term Debt Market

Fannie Mae has opened a long-term debt sale. The company is offering $1 billion in five-year notes and $1 billion in three-year notes.

These notes were initially made available in August, but the sale was delayed by investors' concerns after the agency was taken over by the federal government, the Wall Street Journal notes. The sale is the company's first since Sept. 10.

Sources: Fannie Mae, Wall Street Journal


Please enter your comment!
Please enter your name here