Feb 27 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.