$FNMA Las Vegas, NV -- (SBWIRE) -- 05/20/2013 -

Las Vegas, NV -- ( SBWIRE ) -- 05/20/2013 -- Federal National Mortgage Association (OTCBB:FNMA) plans on selling $2 billion benchmark bills on 22nd May, 2013.

Fannie Mae is the largest home funding source of U.S. the bills it plans on selling include $1 billion three month bills which are due on 21ST August, 2013 and $1 billion six month bills which are due on 20th November, 2013.

Fannie Mae is an enterprise that has been sponsored by the government which supports liquidity and stability in the secondary mortgage market. It is functional in the markets where assets related to mortgage are purchased and sold.

To find out what OTCMAGIC projects for Federal National Mortgage Association for both short term and long term please click here: FNMA

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