Amherst Securities Group Underwrites New Issue Deal for FNMA
| 15-Year Step Up Canary; Non-Call 3-Month |
| Pricing Date |
April 29, 2008
|
| Settlement Date |
May 15, 2008 |
| Structure |
15-year step up canary; non-call 3-month |
| First Call Date |
August 15, 2008
|
| Maturity Date |
May 15, 2023 |
| Payment Dates |
Every November 15th and May 15th beginning November 2008
|
| First Coupon |
5.00% |
| Coupon Structure |
5.0% to May 2013; 6.0% thereafter |
| Size |
$10 million |
| Issuer |
Federal National Mortgage Association |
| CUSIP |
3136F9PF4
|
| Currency |
USD |
|