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MarketScreener Homepage  >  Equities  >  OTC Bulletin Board - Other OTC  >  Federal National Mortgage Association    FNMA

FEDERAL NATIONAL MORTGAGE ASSOCIATION

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Federal National Mortgage Association : Fannie Mae Forgoes Issuing Benchmark Notes on May 22, 2019 Announcement Date

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05/23/2019 | 01:18am EDT

Fannie Mae (FNMA/OTCQB) today announced that it will not utilize its May 22, 2019 Benchmark Notes® announcement date. As announced in our 2019 Benchmark Securities Issuance Calendar, the company may forgo any scheduled Benchmark Notes issuance.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and no reliance may be placed on the completeness or accuracy of the information contained in this press release.

You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.

Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.

Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit fanniemae.com and follow us on twitter.com/FannieMae.

Disclaimer

Fannie Mae - Federal National Mortgage Association published this content on 22 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 May 2019 05:17:00 UTC

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Financials ($)
Sales 2019 21 200 M
EBIT 2019 -
Net income 2019 26,0 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 552,00
P/E ratio 2020
Capi. / Sales 2019 0,15x
Capi. / Sales 2020 0,15x
Capitalization 3 196 M
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Mean consensus HOLD
Number of Analysts 3
Average target price 1,50 $
Spread / Average Target -46%
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Hugh R. Frater Chief Executive Officer & Director
David C. Benson President
Jonathan Plutzik Chairman
Bruce Lee Senior VP, Head-Operations & Technology
Celeste Marie Brown Chief Financial Officer & Executive Vice President
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