Amherst Securities Group Underwrites New Issue Deal for FNMA
| 15-Year Step; 1 Year Call |
| Pricing Date |
July 6, 2009 |
| Settlement Date |
July 30, 2009 |
| Structure |
15 Year Step; 1Year Call
|
| First Call Date |
July 30, 2010; Quarterly calls |
| Maturity Date |
July 30, 2024 |
| Payment Dates |
Every January 30th and July 30th beginning January 2010 |
| First Coupon |
4% |
| Coupon Structure |
4% to July 2012; thereafter, reset every 3 years at 4.75%, 5.5%, 6.5%, 7.5% |
| Size |
$25 million |
| Issuer |
Federal National Mortgage Association |
| CUSIP |
3136FHV85 |
| Currency |
USD |
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