Amherst Securities Group Underwrites New Issue Deal for FNMA
| 10-Year Step-Up ; Non-Call 3-Month |
| Pricing Date |
August 14, 2008
|
| Settlement Date |
August 28, 2008 |
| Structure |
10-year step-up ; non-call 3-month |
| First Call Date |
November 28, 2008; quarterly thereafter
|
| Maturity Date |
August 28, 2018 |
| Payment Dates |
Every August 28th and February 28th beginning February 2009
|
| First Coupon |
5.0% |
| Coupon Structure |
5.0% to August 2010; 5.25% to August 2012; 5.5% to August 2014; 6.0% to August 2016; 7.0% thereafter |
| Size |
$15 million |
| Issuer |
Federal National Mortgage Association |
| CUSIP |
3136F9D59
|
| Currency |
USD |
| |
|
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