Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FHLB


10 Year Step; 6 Month Call
Pricing Date December 3, 2009
Settlement Date December 30, 2009
Structure

10 Year Step; 6 Month Call

First Call Date June 30, 2010; Quarterly Calls till June 2012
Maturity Date December 30, 2019
Payment Dates Every June 30th and December 30th beginning June 2010
First Coupon 3.0%
Coupon Structure

3% to December 2012; resets annually at 4%, 4.5%, 5%, 6%, 7%, 8%, 10%

Size $15 million
Issuer Federal Home Loan Bank
CUSIP 3136FJXV8
Currency USD