Amherst Securities LP
Amherst Securities Group Underwrites New Issue Deal for FNMA
15-Year; non-call 1-Year
Pricing Date

January 15, 2008

Settlement Date January 30, 2008
Structure 15-year; non-call 1-year
First Call Date

January 30, 2009 and quarterly thereafter

Maturity Date January 30, 2023
Payment Dates

Every July 30th and January 30th beginning July 2008

First Coupon 5.25%
Coupon Structure Fixed
Size $20 million
Issuer Federal National Mortgage Corporation
CUSIP 3136F8H73
Currency USD