Fannie Mae 2011 Annual Report Download - page 143

Table 33 displays information as of December 31, 2011 and 2010 on our outstanding short-term and long-term
debt based on its original contractual terms.
Table 33: Outstanding Short-Term Borrowings and Long-Term Debt(1)
As of December 31,
2011 2010
Maturities Outstanding
Weighted-
Average
Interest
Rate Maturities Outstanding
Weighted-
Average
Interest
Rate
(Dollars in millions)
Federal funds purchased and securities sold
under agreements to repurchase ........ — $ — —% — $ 52 2.20%
Short-term debt:
Fixed-rate:
Discount notes ................... — $ 146,301 0.13% — $ 151,500 0.32%
Foreign exchange discount notes ..... — 371 1.88 — 384 2.43
Other (2) ......................... — 80 0.04 — — —
Total short-term debt of Fannie Mae(3) ..... 146,752 0.13 151,884 0.32
Debt of consolidated trusts ............ — 4,973 0.09 — 5,359 0.23
Total short-term debt .................. $ 151,725 0.13% $ 157,243 0.32%
Long-term debt:
Senior fixed:
Benchmark notes and bonds ......... 2012 - 2030 $ 277,146 2.81% 2011 - 2030 $ 300,344 3.20%
Medium-term notes(4) .............. 2012 -2021 176,886 1.61 2011 -2020 199,266 2.13
Foreign exchange notes and bonds . . . 2021 -2028 662 5.44 2017 -2028 1,177 6.21
Other(5)(6) ........................ 2012 -2040 50,912 5.29 2011 -2040 44,893 5.64
Total senior fixed ............... 505,606 2.64 545,680 3.02
Senior floating:
Medium-term notes(4) .............. 2012 - 2016 71,855 0.32 2011 -2015 72,039 0.31
Other(5)(6) ........................ 2020 -2037 420 8.01 2020 -2037 386 4.92
Total senior floating ............. 72,275 0.35 72,425 0.34
Subordinated fixed-rate:
Qualifying subordinated(7) ........... 2012 -2014 4,894 5.08 2011 -2014 7,392 5.47
Subordinated debentures ........... 2019 2,917 9.91 2019 2,663 9.91
Total subordinated fixed-rate ...... 7,811 6.88 10,055 6.65
Total long-term debt of Fannie Mae(8) ..... 585,692 2.42 628,160 2.77
Debt of consolidated trusts(6) ........... 2012 -2051 2,452,455 4.18 2011 - 2051 2,411,597 4.59
Total long-term debt ................... $3,038,147 3.84% $3,039,757 4.22%
Outstanding callable debt of Fannie
Mae(9) ............................. $ 187,937 2.17% $ 219,804 2.53%
(1) Outstanding debt amounts and weighted-average interest rates reported in this table include the effect of unamortized
discounts, premiums and other cost basis adjustments. Reported amounts include fair value gains and losses associated
with debt that we elected to carry at fair value. The unpaid principal balance of outstanding debt of Fannie Mae, which
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