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WASHINGTON, Jan. 18, 2022 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) sought and received additional ratings for a number of previously unrated Connecticut Avenue Securities® (CAS) notes as part of its ongoing effort to bring increased transparency and liquidity to these securities. With the new credit ratings, these CAS notes may be eligible to be purchased in the secondary market by funds that require a rating for investment, and the notes are now likely to receive more favorable financing terms, further enhancing their liquidity.
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