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Article: Fannie Mae Announces Enhanced Debt Technology.
- Article from:
- PR Newswire
- Article date:
- October 27, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fannie Mae today announced a new Internet-based technology that will enhance the company's short-term debt securities issuance process and provide additional, more- timely information to the market.
The new application, Debt Transaction Application(TM) (DTA) replaces telephone interfaces with real time pricing. DTA is an electronic trading platform that will be used to manage the daily issuance of the company's U.S. dollar-denominated, non-interest bearing short-term notes.
"DTA includes features and capabilities designed to enhance ease of use by dealers, provide more pricing and issuance information and enable both Fannie Mae and its dealers the ...