FNMFREcase-by-case

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Overview

Semi-Annual RDIA
Case-by-Case RDIA
Quarterly Report

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Sheet 1: Semi-Annual RDIA

The Enterprise shall use this Appendix A template for requesting Treasury approval of all debt issuances during the upcoming 6-month period. Any single debt issuance that (1) is a "Conflicting Issuance" (as defined below), (2) is an issuance of an "Existing Debt Product" in an amount that exceeds the "Large Issuance Threshold," or (3) is an issuance of a "New Debt Product," requires additional case-by-case approval using the Appendix B template. All dollar figures inserted are to be in billions.

Total Debt Outstanding as of Delivery Date of Semi-Annual or Adjusted RDIA

Short-Term

Long-Term

During Upcoming Six-Month Period

Low Range

High Range

Time Period Covered

1

Estimated Short-Term Debt Outstanding

Start Date

End Date

2

Estimated Long-Term Debt Outstanding

mm/20xx

mm/20xx

3

Estimated Total Debt Outstanding

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Sheet 2: Case-by-Case RDIA

The Enterprise shall use this Appendix B template for requesting Treasury approval of each debt issuance that (1) is a "Conflicting Issuance" (as defined below), (2) is an issuance of an "Existing Debt Product" in an amount that exceeds the "Large Issuance Threshold," or (3) is an issuance of a "New Debt Product." For each proposed debt issuance that is a Conflicting Issuance or an issuance of an Existing Debt Product in an amount that exceeds the Large Issuance Threshold, use Part 1 of this Appendix B template. For each proposed issuance of a New Debt Product, use Part 2 of this Appendix B template.

PART 1:

General Description of Security

Amount of Planned Issuance

Maturity of Issue

Currency

Optionality

Timing of Pricing and Settlement

Expected Spread over Treasury Securities of Comparable Maturity

PART 2:

General Description of Security

NOTES TO THIS APPENDIX B: "Conflicting Issuance" means any debt issuance of the Enterprise that conflicts with a Treasury auction of Treasury debt obligations of similar size and maturity. "Existing Debt Product" means a type of debt obligation of the Enterprise that does not differ materially in terms or structure from other debt obligations that the Enterprise has issued in the past. "Large Issuance Threshold" means the size of issuance that Treasury has established, after consultation with the Enterprise at the most recent annual meeting with the Enterprise, as being the issuance size, for the following 12-month period, for which the Enterprise will request case-by-case approval using Template B. "New Debt Product" means a type of debt obligation of the Enterprise that differs materially in terms or structure from other debt obligations that the Enterprise has issued in the past.

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Sheet 3: Quarterly Report

			Total	Short Term Debt	Callable MTN	Non-Callable MTN	Reference/Benchmark Notes	Subordinated	Other
Actual Debt Outstanding at Beginning of Past Quarter		1
Month 1	Gross Issuance	2
	Maturing Debt	3
AA/20XX	Redemptions / Debt Repurchase	4
	Net Issuance	5
Month 2	Gross Issuance	6
	Maturing Debt	7
BB/20XX	Redemptions / Debt Repurchase	8
	Net Issuance	9
Month 3	Gross Issuance	10
	Maturing Debt	11
CC/20XX	Redemptions / Debt Repurchase	12
	Net Issuance	13
	Gross Issuance	14
	Maturing Debt	15
Quarterly	Redemptions / Debt Repurchase	16
Total	Net Issuance	17
Actual Debt Outstanding at End of Past Quarter		18