Fannie Mae (FNM) announced the results for reopening of $1 billion worth 5-Year benchmark notes that matures on November 20, 2014. The auction date for the notes was December 2, and the settlement date is schedulded on December 4. Current outstanding was $3.5 billion. The coupon was fixed at 2.625% and the yield is 2.250%. Payment for the notes will be made semi annually on each November 20th and May 20th.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.