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Federal National Mortgage Association sells $2 bln bills at higher rates - Reuters


Wednesday, 5 Feb 2014 09:46am EST 

Federal National Mortgage Association:Fannie Mae said it sold $2 bln of benchmark bills at higher interest rates compared with last week's sale of similar maturities - Reuters.Fannie Mae said it sold $1 bln of three-month bills due May. 07 at a 0.077 pct stop-out rate, or lowest accepted rate, up from the 0.060 pct rate for $250 mln of three-month bills sold on Jan. 29.The company also sold of $1 bln of six-month bill due on Aug. 06 at a 0.100 pct stake, also up from the 0.089 pct rate for $250 mln of six-months bills sold last week.The three-month bills were priced at 99.981 with a money market yield of 0.077 pct.The six-month bills were priced at 99.949 with a money market yield of 0.100 pct.