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Fannie Mae to sell $500 million in bills on Wednesday

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(Globalpost/GlobalPost)

(Reuters) - Fannie Mae <FNMA.OB>, the largest U.S. home funding source, said on Wednesday it plans to sell $500 million of benchmark bills on Wednesday.

The sale consists of $250 million of three-month bills, due April 30, 2014, and $250 million of six-month bills, due July 30, 2014.

Settlement is January 29-30.

http://www.globalpost.com/dispatch/news/thomson-reuters/140129/fannie-mae-sell-500-million-bills-wednesday