Fannie Mae (FNM.N), to sell $1.0 Billion Benchmark Bills

Fannie Mae (FNM.N), the largest U.S. home funding company, said on Monday it plans to sell $1.0 billion of three-month benchmark bills due Sept. 9, 2009, and $1.0 billion of six-month bills due Dec. 9, 2009, on Wednesday in a Dutch auction.

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