Fannie Mae sells $3.0 bln bills at higher rates
Feb 27 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $3.0 billion of benchmark bills at higher interest rates compared with last week's sale of similar maturities.
Fannie Mae said it sold $1.5 billion of three-month bills due May 29, 2013 at a 0.135 percent stop-out rate, or lowest accepted rate, up from the 0.130 percent rate for last week's sale of $1.5 billion of three-month bills.
The agency also sold $1.5 billion of six-month bills due Aug. 28, 2013 at a 0.150 percent rate, also up from the 0.147 percent rate for $1.5 billion six-month bills sold Feb. 20.
The three-month bills were priced at 99.966 with a money market yield of 0.135 percent. The six-month bills were priced at 99.924 with a money market yield of 0.150 percent.
Settlement is Feb. 27-28.
- Exclusive: Secret contract tied NSA and security industry pioneer |
- Housing, jobs data weaken, but overall economic picture still upbeat
- Putin critic Khodorkovsky in Germany after pardon |
- Target probe looks overseas, stolen cards offered online
- Pizza outlet attacked as India, U.S. fail to cool diplomat row |