Amherst Securities Group Underwrites New Issue Deal for FNMA
| 15-Year; non-call 3-Month |
| Pricing Date |
January 23, 2008
|
| Settlement Date |
February 6, 2008 |
| Structure |
15-year; non-call 3-month |
| First Call Date |
May 6, 2008 and quarterly thereafter
|
| Maturity Date |
February 6, 2023 |
| Payment Dates |
Every August 6th and February 6th beginning August 2008
|
| First Coupon |
4.50% |
| Coupon Structure |
4.5% to February 2011, 5.0% to February 2014; 5.5% to February 2017; 6.0% to February 2020; 7.0% thereafter |
| Size |
$20 million |
| Issuer |
Federal National Mortgage Corporation |
| CUSIP |
3136F8N50 |
| Currency |
USD |
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