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

February 1, 2008

Settlement Date February 13, 2008
Structure 15-year; non-call 1-year
First Call Date

February 13, 2009 and quarterly thereafter

Maturity Date February 13, 2023
Payment Dates

Every August 13th and February 13th beginning August 2008

First Coupon 5.25%
Coupon Structure Fixed
Size $25 million
Issuer Federal National Mortgage Corporation
CUSIP 3136F8Z40
Currency USD