Amherst Securities Group Underwrites New Issue Deal for FNMA
| 15-Year Step; 3 Month Call |
| Pricing Date |
April 28, 2009 |
| Settlement Date |
May 20, 2009 |
| Structure |
15 Year Step; 3 Month Call
|
| First Call Date |
August 20, 2009, Quarterly Calls |
| Maturity Date |
May 20, 2024 |
| Payment Dates |
Every November 20th and May 20th beginning November 2009 |
| First Coupon |
4.25% |
| Coupon Structure |
4.25% to May 2014; 5.25% to May 2019; 6.5% thereafter |
| Size |
$25 million |
| Issuer |
Federal National Mortgage Association |
| CUSIP |
3136FHQN8 |
| Currency |
USD |
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