Amherst Securities Group Underwrites New Issue Deal for FNMA
| 10-year; non-call 6-month; Step Rate |
| Pricing Date |
January 8, 2007
|
| Settlement Date |
January 30, 2007 |
| Structure |
10-year; non-call 6-month |
| First Call Date |
July 30, 2007 and semi-annually thereafter
|
| Maturity Date |
January 30, 2017 |
| Payment Dates |
Every July 30th and January 30th beginning July 2007
|
| First Coupon |
5.50% |
| Coupon Structure |
5.50% to January 2009; 5.80% to January 2011; 6.10% to January 2013; 6.40% to January 2015; 6.70% thereafter |
| Size |
$15 million |
| Issuer |
Federal National Mortgage Corporation |
| CUSIP |
3136F8EC5 |
| Currency |
USD |
| |
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