Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FNMA


5 Year Canary; 6 Month Call
Pricing Date February 2, 2010
Settlement Date February 26, 2010
Structure

5 Year Canary; 6 Month Call

First Call Date August 26, 2010; Quarterly Calls till February 2013
Maturity Date February 26, 2015
Payment Dates Every August 26th and February 26th beginning August 2010
First Coupon 2.50%
Coupon Structure

2.50% to February 2013; 4.25% thereafter

Size $25 million
Issuer Federal National Mortgage Asociation
CUSIP 3136FJ5F4
Currency USD