New tender, new CAS

Category: Capital Relief Trades

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Debut Fannie tender and new CAS in the market

Fannie Mae has announced a debut tender offer for seven old CAS notes, with an original principal balance of $3.22bn, following the example set by Freddie Mac two months ago.

The notes are the CAS 2016-C03, class 2M-2, the CAS 2016-C04, class 1M-2, the CAS 2017-C02, class 2M-2, the CAS 2017-C06, class 1M-2, the CAS 2018-C02, class 2M-2, the CAS 2018-C04, class 2M-2 and the CAS 2018-C05, class 1M-2.

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