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To: Giordano Bruno who wrote (367856)	5/13/2008 7:44:19 AM
From: NucTrader	Respond to of 436258

Issuer Name: FEDERAL NATIONAL MORTGAGE ASSOC. NON-CUMULATIVE PERPETUAL PREFERRED STOCK Issuer Description: This issue is a direct obligation of the Federal National Mortgage Association and is QDI eligible. Federal National Mortgage Asociation, doing business as Fannie Mae, buys and holds mortgages, and issues and sells guaranteed mortgage-backed securities to facilitate housing ownership for low to middle-income Americans. The Company was chartered by the United States Congress, but went public in 1970. Symbol: FNM Type Of Bond/Security: Hybrid Preferred Security Expected Credit Rating: Moody's, Aa3; S&P, AA- Negative Credit Watch Expected Bond Maturities: Perpetual Investment Amount: 100 Share Min/100 Share Increments Anticipated Yield to Maturity: 8.15% Payment Frequency: Quarterly Expected Call Features: On or after 05/30/13 @ 25 Expected Settlement Date: May 16, 2008