ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

FRE Fresenius SE & Co KGaA

29.80
-0.39 (-1.29%)
19 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Fresenius SE & Co KGaA TG:FRE Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.39 -1.29% 29.80 29.68 29.92 30.33 29.73 30.12 27,328 22:50:02

Fannie Mae's $9 Billion 5-Year Deal To Price Later Thursday

12/03/2009 1:43pm

Dow Jones News


Fresenius SE & Co KGaA (TG:FRE)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Fresenius SE & Co KGaA Charts.

Fannie Mae's new five-year deal is expected to be $9 billion in size, people familiar with the deal said.

The note is to be sold later Thursday and garnered orders worth $10 billion by late Wednesday, according to Andrew Brenner at MF Global Inc.

On Wednesday, price talk on the deal was at 91 basis points over comparable Treasury yields.

Last month, Fannie sold a $7 billion five-year issue. That issue sold at 93 basis points over Treasurys.

Market observers had said they would watch with interest how much response the new Fannie 5-year issue generated.

"If this issue gets to $5 billion with a solid book, then the next new issue concession can be several [basis points] tighter," said Jim Vogel of FTN in a note Wednesday.

 
   -By Anusha Shrivastava, Dow Jones Newswires; 201-938-2371; anusha.shrivastava@dowjones.com 
 

(Prabha Natarajan contributed to this report)

 
 

1 Year Fresenius SE & Co KGaA Chart

1 Year Fresenius SE & Co KGaA Chart

1 Month Fresenius SE & Co KGaA Chart

1 Month Fresenius SE & Co KGaA Chart

Your Recent History

Delayed Upgrade Clock