Fannie Mae 2010 Annual Report Download - page 142

(5)
Long-term debt of Fannie Mae consists of borrowings with an original contractual maturity of greater than one year.
Reported amounts include the current portion of long-term debt that is due within one year, which totaled $95.4 billion
and $106.5 billion as of December 31, 2010 and 2009, respectively. Reported amounts also include unamortized
discounts, premiums and other cost basis adjustments of $12.4 billion and $15.6 billion as of December 31, 2010 and
2009, respectively. The unpaid principal balance of long-term debt of Fannie Mae, which excludes unamortized
discounts, premiums, fair value adjustments and other cost basis adjustments and amounts related to debt of
consolidated trusts, totaled $640.5 billion and $583.4 billion as of December 31, 2010 and 2009, respectively.
(6)
Consists of long-term callable debt of Fannie Mae that can be paid off in whole or in part at our option at any time on
or after a specified date. Includes the unpaid principal balance, and excludes unamortized discounts, premiums and
other cost basis adjustments.
Table 33 below presents additional information for each category of our short-term borrowings.
Table 33: Outstanding Short-Term Borrowings
(1)
Outstanding
Weighted
Average
Interest
Rate Outstanding
(2)
Weighted
Average
Interest
Rate
Maximum
Outstanding
(3)
As of December 31 Average During the Year
2010
(Dollars in millions)
Federal funds purchased and securities sold under
agreements to repurchase . . . . . . . . . . . . . . . . $ 52 2.20% $ 72 0.16% $ 200
Fixed-rate short-term debt:
Discount notes . . . . . . . . . . . . . . . . . . . . . . . $151,500 0.32% $210,986 0.29% $260,377
Foreign exchange discount notes . . . . . . . . . . . 384 2.43 299 1.86 384
Other fixed-rate short-term debt . . . . . . . . . . . — — 15 0.53 100
Floating-rate short-term debt . . . . . . . . . . . . . . . — — 8 0.02 50
Total short-term debt . . . . . . . . . . . . . . . . . . . $151,884 0.32%
Outstanding
Weighted
Average
Interest
Rate Outstanding
(2)
Weighted
Average
Interest
Rate
Maximum
Outstanding
(3)
As of December 31 Average During the Year
2009
(Dollars in millions)
Federal funds purchased and securities sold under
agreements to repurchase . . . . . . . . . . . . . . . . $ — —% $ 42 1.55% $ 189
Fixed-rate short-term debt:
Discount notes . . . . . . . . . . . . . . . . . . . . . . . $199,987 0.27% $253,884 0.92% $325,239
Foreign exchange discount notes . . . . . . . . . . . 300 1.50 222 1.41 300
Other fixed-rate short-term debt . . . . . . . . . . . 100 0.53 199 1.30 334
Floating-rate short-term debt . . . . . . . . . . . . . . . 50 0.02 2,744 1.20 3,136
Total short-term debt . . . . . . . . . . . . . . . . . . . $200,437 0.27%
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