Sept 25 Fannie Mae, the largest U.S.
home funding source, said on Wednesday it sold $500 million of
benchmark bills at higher interest rates compared with last
week's sale of similar maturities.
Fannie Mae said it sold $250 million of three-month bills
due Dec. 24, 2013 at a 0.025 percent stop-out rate, or lowest
accepted rate, up from the 0.023 percent rate for $250 million
of three-month bills sold Sept. 18.
The company sold $250 million of six-month bills due
March 26, 2014 at a 0.063 percent rate, also up from the 0.059
percent rate for $250 million of six-month bills sold a week
The three-month bills were priced at 99.994 with a money
market yield of 0.025 percent. The six-month bills were priced
at 99.968 with a money market yield of 0.063 percent.
Settlement is Sept. 25-26.