Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FHLB


10 Year Step; 3 Month Call
Pricing Date December 22, 2009
Settlement Date January 15, 2010
Structure

10 Year Step; 3 Month Call

First Call Date April 15, 2010; Quarterly Calls
Maturity Date January 15, 2020
Payment Dates Every July 15th and January 15th beginning July 2010
First Coupon 4%
Coupon Structure

4% to January 2015; resets annually 4.5%, 5%, 6%, 8%, 10%

Size $15 million
Issuer Federal Home Loan Bank
CUSIP 3133XWH93
Currency USD