July 2 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Monday it will sell $2.0 billion in bills on Thursday.
The sale has been postponed to Thursday from Wednesday due to the Fourth of July holiday on Wednesday.
The company will sell $1.0 billion of three-month bills due Oct. 3, 2012, and $1.0 billion of six-month bills due Jan. 2, 2013 via a Dutch auction.
In such uniform price auctions, successful bidders pay only the price of the lowest accepted bid rather than the actual price as in a conventional multiple-price auction.
Bids will be accepted from authorized dealers from 9 a.m. EDT (1300 GMT) until 9:45 a.m. EDT (1345 GMT).
Settlement is July 5-6.