Fannie Mae Announces 2016 Benchmark Securities Issuance Calendar

Katie Penote

202-752-2261

WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced its 2016 Benchmark Securities^® Issuance Calendar (PDF). The calendar provides opportunities for investors and other market participants to utilize Fannie Mae Benchmark Securities for their respective investment activities.

On a weekly basis, Fannie Mae has the option to auction Benchmark Bills^® with maturities of one year or less. The size and maturity of the weekly Benchmark Bills auctions, if any, will be announced on the same day in which the auction occurs. Benchmark Bills auctions generally occur on Wednesdays between 9:00 a.m. and 9:45 a.m. Eastern Time.

The 2016 Benchmark Securities Calendar also identifies at least one calendar day per month for a Fannie Mae Benchmark Notes® announcement. On each scheduled announcement date, Fannie Mae will either announce the maturity date of the Benchmark Notes offering or announce that a Benchmark Notes offering will not be made. Benchmark Notes offerings typically price and settle within a few business days of the announcement date.

Fannie Mae may elect to forego any scheduled Benchmark Bills or Benchmark Notes issuance. Fannie Mae will inform the market when an issue is not offered on the specified date.