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SEC Filings

10-Q
FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE filed this Form 10-Q on 08/05/2011
Entire Document
 
Table of Contents

FANNIE MAE
(In conservatorship)

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
(UNAUDITED)
 
8.   Short-Term Borrowings and Long-Term Debt
 
Short-Term Borrowings
 
The following table displays our outstanding short-term borrowings (borrowing with an original contractual maturity of one year or less) and weighted-average interest rates of these borrowings as of June 30, 2011 and December 31, 2010.
 
                                 
    As of  
    June 30, 2011     December 31, 2010  
          Weighted-
          Weighted-
 
          Average
          Average
 
          Interest
          Interest
 
    Outstanding     Rate(1)     Outstanding     Rate(1)  
    (Dollars in millions)  
 
Federal funds purchased and securities sold under agreements to repurchase
  $       %   $ 52       2.20 %
                                 
Fixed-rate short-term debt:
                               
Discount notes
  $ 161,689       0.16 %   $ 151,500       0.32 %
Foreign exchange discount notes
    316       2.30       384       2.43  
                                 
Total short-term debt of Fannie Mae
    162,005       0.17       151,884       0.32  
Debt of consolidated trusts
    5,193       0.17       5,359       0.23  
                                 
Total short-term debt
  $ 167,198       0.17 %   $ 157,243       0.32 %
                                 
 
 
(1) Includes the effects of discounts, premiums, and other cost basis adjustments.


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