Amherst Securities Group Underwrites New Issue Deal for FNMA
| 2.5-year; non-call 3-month; Step-Rate |
| Pricing Date |
March 23, 2006
|
| Settlement Date |
April 21, 2006 |
| Structure |
2.5-year; non-call 3-month |
| First Call Date |
July 21, 2007 and quarterly thereafter
|
| Maturity |
October 21, 2008
|
| Payment Dates |
Every October 21st and April 21st beginning October 2006 |
| First Coupon |
5.0% |
| Coupon Structure |
5.00% to October 2006; 5.50% to October 2007; 6.0% thereafter
|
| Size |
$15 million |
| Issuer |
Federal National Mortgage Association |
| CUSIP |
3136F7XL6 |
| Currency |
USD |
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