Debt Securities
Fannie Mae issues a wide variety of debt securities across the yield curve on predefined issuance dates as well as through the reverse inquiry process. This flexibility in our debt issuance provides an abundance of investment opportunities for investors.
Our diversified investor base spans the globe and includes fund managers, commercial banks, pension funds, insurance companies, foreign central banks, corporations, state and local governments, and other municipal authorities. Learn more.
Fannie Mae Credit Ratings
(As of May 25, 2023)
| S&P | Moody's | Fitch* | |
|---|---|---|---|
| Long-Term Senior Debt | AA+ | Aaa | AAA |
| Short-Term Senior Debt | A-1+ | P-1 | F1+ |
| Preferred Stock | D | Ca(hyb) | C/RR6 |
| Outlook |
Stable (for Long-Term Senior Debt) |
Stable
|
Stable (for AAA rated Long-Term Issuer Default Ratings) |
*On May 25, 2023, Fitch placed Fannie Mae's 'AAA' Long-Term Issuer Default Ratings (IDR), 'F1+' Short-term IDRs, Government Support Ratings (GSRs) and debt ratings on Rating Watch Negative, based on Fitch's view of the U.S. government's direct financial support. These rating actions follow Fitch's placement of the U.S. Sovereign 'AAA' Long-term foreign and local currency IDRs on Rating Watch Negative on May 24, 2023.
2023 Benchmark Notes Calendar
| 2023 Benchmark Notes Issuance Calendar | |||||
|---|---|---|---|---|---|
| JAN | FEB | MAR | APR | MAY | JUN |
| 25th | 16th, 27th | 29th | 4th | 2nd, 24th | 28th |
| JUL | AUG | SEP | OCT | NOV | DEC |
| 5th, 19th | 16th | 6th, 21st | 3rd, 19th | 8th, 28th | 14th |
| View 2023 Calendar | |||||
Treasury Bridge™
Allows approved dealers to transact with Fannie Mae and provides information on Fannie Mae’s funding programs.
Debt reports
Access short-term and long-term debt reports as well as the monthly Funding Summary, a year-to-date snapshot of Fannie Mae’s debt outstanding and debt issuance activities.
Debt disclosure documents
Access our Universal Debt Facility Offering Circular, Pricing Supplements, or search for a Debt Document.
