Fannie Mae sells $2 bln bills at higher rates

NEW YORK, May 27 (Reuters) - Fannie Mae on Wednesday said it sold $2 billion in bills at higher interest rates compared with sales of the same maturities than a week ago.

Fannie Mae sold $1 billion of three-month bills due Aug. 26 at a stop-out or lowest accepted rate of 0.170 percent and $1.0 billion of six-month bills due Nov. 25, 2009 at a 0.293 percent stop-out rate.

The three-month bills were priced at 99.957 with a money market yield of 0.170 percent and the six-month bills were priced at 99.852 with a money market yield of 0.293 percent.

Settlement is May 20-21.

On May 20, Fannie Mae sold $500 million of three-month bills at a stop-out rate of 0.160 percent and $500 million of six-month bills at a rate of 0.260 percent.

(Reporting by Caryn Trokie; Editing by James Dalgleish) Keywords: FANNIEMAE BILLS/SALE ([e-mail]; Tel: [phone]; Reuters Messaging: [e-mail]) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.