|
Amherst Securities Group Underwrites New Issue Deal for FNMA
| 7 Year Step; 6 Month Call |
| Pricing Date |
November 19, 2009 |
| Settlement Date |
December 16, 2009 |
| Structure |
7 Year Step; 6 Month Call
|
| First Call Date |
June 16, 2010; Quarterly Calls |
| Maturity Date |
December 16, 2016 |
| Payment Dates |
Every June 16th and December 16th beginning June 2010 |
| First Coupon |
2.0% |
| Coupon Structure |
2.0% to December 2012; Resets every year: 2.75%, 3.5%, 4.25%, 5%, 6%, 7%
|
| Size |
$25 million |
| Issuer |
Federal National Mortgage Association |
| CUSIP |
3136FJUW9 |
| Currency |
USD |
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