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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.

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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.

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Debt disclosure documents

Access our Universal Debt Facility Offering Circular, Pricing Supplements, or search for a Debt Document.

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