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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 September 19, 2019 Announcement Date

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09/19/2019 | 11:57am EDT

September 19, 2019

Fannie Mae Forgoes Issuing Benchmark Notes on September 19, 2019 Announcement Date Christopher Davis 202-752-7724

Fannie Mae (FNMA/OTCQB) today announced that it will not utilize its September 19, 2019 Benchmark Notes® announcement date this month. 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 19 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2019 15:56:05 UTC

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Financials (USD)
Sales 2019 20 216 M
EBIT 2019 -
Net income 2019 106 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 196x
P/E ratio 2020 -
Capi. / Sales2019 1,11x
Capi. / Sales2020 1,07x
Capitalization 22 439 M
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Average target price 3,92  $
Last Close Price 3,91  $
Spread / Highest target 98,2%
Spread / Average Target 0,17%
Spread / Lowest Target -74,4%
EPS Revisions
Managers
NameTitle
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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