Amherst Securities Group Underwrites New Issue Deal for FNMA
| 10-Year Step; 1 Year Call |
| Pricing Date |
April 8, 2009 |
| Settlement Date |
April 29, 2009 |
| Structure |
10 Year Step; 1 Year Call
|
| First Call Date |
April 29, 2010, Quarterly Calls |
| Maturity Date |
April 29, 2019 |
| Payment Dates |
Every October 29th and April 29th beginning October 2009 |
| First Coupon |
3.0% |
| Coupon Structure |
3.0% to April 2010; The Steps Annually @ 3.25%; 3.5%; 3.75%; 4.0%; 4.5%; 5.0%; 5.5%; 6.25%; 7.0% thereafter |
| Size |
$25 million |
| Issuer |
Federal National Mortgage Association |
| CUSIP |
3136FHKE9 |
| Currency |
USD |
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