Category: Capital Relief Trades
Fannie Mae is in the market with its 40th CAS transaction, designated Connecticut Avenue Securities (CAS) Series 2021-R01 Notes, and the deal is expected to price imminently.
The arranger, trustee and custodian is Wells Fargo.
This is the first CAS trade Fannie has issued since Q1 2020, after which it took a leave of absence from the market originally because of the Covid 19 turmoil but then due to the Enterprise Regulatory Capital Framework rules released in May and then finalised in December.
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