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Fannie Mae sells $500 mln bills at lower rates
Reuters: Financials
Wed, 22 Feb 2012
Feb 22 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $500 million of benchmark bills at lower interest rates compared with last week's sales of similar maturities.
Wholesale portfolio changes may be unwarranted after investors assess their sensitivity to interestrates and the likely longer-term impact for various rising-rate scenarios.