U.S. agency 2008 note sales calendar
July 9 (Reuters) - The following are the sales schedules for Fannie Mae benchmark notes and Freddie Mac reference notes in 2008.
Debt issued by the Federal Home Loan Banks is not sold based on a preset calendar, and offerings will be added as they are announced.
In addition to these offerings, Freddie Mac and Fannie Mae sell bills each week [N07164318]. *Issue has been priced AGENCY TYPE OF DEBT AMOUNT ANNOUNCEMENT/PRICING SETTLEMENT JULY: *Fannie Mae 2-year notes $3 bln July 7/July 9 July 11 Freddie Mac 2 ,3-, 5-, 10-yr notes NA July 16/NA NA AUGUST: Fannie Mae 2-,3-, 5-, 10-yr notes NA Aug 12/NA NA Freddie Mac 2-,3-, 5-, 10-yr notes NA Aug 18/NA NA SEPTEMBER: Freddie Mac 2-,3-, 5-, 10-yr notes NA Sept 2/NA NA Fannie Mae 2-,3-, 5-, 10-yr notes NA Sept 8/NA NA OCTOBER: Freddie Mac 2-,3-, 5-, 10-yr notes NA Oct 8/NA NA Fannie Mae 2-,3-, 5-, 10-yr notes NA Oct 20/NA NA NOVEMBER: Freddie Mac 2-,3-, 5-, 10-yr notes NA Nov 4/NA NA Fannie Mae 2-,3-, 5-, 10-yr notes NA Nov 17/NA NA DECEMBER: Freddie Mac 2-,3-, 5-, 10-yr notes NA Dec 1/NA NA Fannie Mae 2-,3-, 5-, 10-yr notes NA Dec 8/NA NA -- Fannie Mae will state the specific maturity and size of the offerings on announcement dates. Fannie Mae also may opt to skip issuance. -- The minimum issue size for new Fannie Mae 2-, 3-, 5- 10-year notes is $3 billion. Fannie Mae said benchmark note sales are expected to price within 3 business days of the announcement date and will generally settle 2 business days after the pricing of the issue. -- Freddie Mac will state the specific maturity and size of the offerings on announcement dates. -- The minimum size for Freddie Mac new 2-yr, 3-yr, 5-yr and 10-year note offerings is $3 billion. There is no minimum size for a reopening. The minimum size of new REMIC offerings is $1 billion. NA = Announcement or settlement dates are unavailable.
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