Fannie Mae to sell $1 billion bills on Wednesday

April 29 Mon Apr 29, 2013 10:15am EDT

April 29 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Monday it plans to sell $1 billion of benchmark bills on Wednesday.

The sale will include $500 million of three-month bills, due July 31, 2013, and $500 million of six-month bills, due Oct. 30, 2013.

Settlement is May 1-2.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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