Amherst Securities LP
Amherst Securities Group Underwrites New Issue Deal for FNMA

4 Year Fixed; One Time Call
Pricing Date September  18, 2009
Settlement Date September 30, 2009
Structure

4 Year Fixed; One Time Call

First Call Date September 30, 2010
Maturity Date September 30, 2013
Payment Dates Every March 30th and September 30th beginning March 2010
First Coupon 2.58%
Coupon Structure

Fixed

Size $100 million
Issuer Federal National Mortgage Association
CUSIP 3136FJFK2
Currency USD