Amherst Securities Group Underwrites New Issue Deal for FNMA
| 5-Year Step; 3 Month Call |
| Pricing Date |
May 15, 2009 |
| Settlement Date |
May 27, 2009 |
| Structure |
5 Year Step; 3 Month Call
|
| First Call Date |
August 27, 2009, Quarterly Calls |
| Maturity Date |
May 27, 2014 |
| Payment Dates |
Every November 27th and May 27th beginning November 2009 |
| First Coupon |
2% |
| Coupon Structure |
2% to May 2010; 2.25% to May 2011; 3% to May 2012; 4.25% to May 2013; 5.5% thereafter |
| Size |
$25 million |
| Issuer |
Federal National Mortgage Association |
| CUSIP |
3136FHWP6 |
| Currency |
USD |
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