New York, Sept. 8, 2008 - The New York Stock Exchange (NYSE) announced that the common and related preferred stock of Fannie Mae (ticker symbol FNM) and Freddie Mac (ticker symbol FRE) will be halted news dissemination during the pre-market and available to all markets for trading at 9:30am (EST) on the morning of Monday, Sept. 8, 2008 due to U.S. federal regulators action related to Fannie Mae and Freddie Mac. (Full list of securities affected by the halt are listed at the end of this posting).
After consultation with the FHFA, Treasury and the Securities and Exchange Commission, we feel that this decision will allow investors to digest the news that has been disseminated over the weekend, to interpret the news and the analysis that will be generated on Monday morning and to evaluate the resulting aggregate supply and demand. All markets will be free to trade both FNM and FRE as of 9:30am (EST), Monday, Sept. 8, 2008.
Securities affected by the halt to Fannie Mae and Freddie Mac are:
Freddie Mac
FRE Voting common stock
FRE 19Z Zero Coupon Subordinated Capital Debentures, due November 29, 2019
FRE PR B Variable Rate, Non-Cumulative Preferred Stock
FRE PR F 5% Non-Cumulative Preferred Stock
FRE PR G Variable Rate, Non-Cumulative Preferred Stock
FRE PR H 5.1% Non-Cumulative Preferred Stock
FRE PR K 5.79% Non-Cumulative Preferred Stock
FRE PR L Variable Rate, Non-Cumulative Preferred Stock
FRE PR M Variable Rate, Non-Cumulative Preferred Stock
FRE PR Q Variable Rate, Non-Cumulative Preferred Stock
FRE PR P 6% Non-Cumulative Preferred Stock
FRE PR N Variable Rate, Non-Cumulative Preferred Stock
FRE PR O 5.81% Non-Cumulative Preferred Stock
FRE PR R 5.7% Non-Cumulative Preferred Stock
FRE PR S Variable Rate, Non-Cumulative Perpetual Preferred Stock
FRE PR T 6.42% Non-Cumulative Perpetual Preferred Stock
FRE PR U 5.9% Non-Cumulative Perpetual Preferred Stock
FRE PR V 5.57% Non-Cumulative Perpetual Preferred Stock
FRE PR W 5.66% Non-Cumulative Perpetual Preferred Stock
FRE PR X 6.02% Non-Cumulative Perpetual Preferred Stock
FRE PR Y 6.55% Non-Cumulative Perpetual Preferred Stock
FRE PR Z Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, $1.00 Par Value
Fannie Mae
FNM Common stock
FNM 19Z Zero Coupon Subordinated Capital Debentures due October 9, 2019
FNM 14Z Zero Coupon Debentures due July 5, 2014
FNA 8.75% Non-Cumulative Mandatory Convertible Prefered Stock, Series 2008-1
FNM PR H 5.81% Non-Cumulative Preferred Stock, Series H
FNM PR L 5.125% Non-Cumulative Preferred Stock, Series L
FNM PR M 4.75% Non-Cumulative Preferred Stock, Series M
FNM PR N 5.50% Non-Cumulative Preferred Stock, Series N, without par value
FNM PR G Variable Rate, Non-Cumulative Preferred Stock, Series G
FNM PR P Variable Rate, Non-Cumulative Preferred Stock, Series P
FNM PR Q 6.75% Non-Cumulative Preferred Stock, Series Q
FNM PR R 7.625% Non-Cumulative Preferred Stock, Series R
FNM PR S Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series S
FNM PR T 8.25% Non-Cumulative Preferred Stock, Series T
FNM PR F Variable Rate, Non-Cumulative Preferred Stock, Series F
FNM PR I 5.375% Non-Cumulative Preferred Stock, Series I
Category: Operations, Securities
