Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FNMA


10 Year Canary; 6 Month Call
Pricing Date February 3, 2010
Settlement Date February 26, 2010
Structure

10 Year Canary; 6 Month Call

First Call Date August 26, 2010; Quarterly Calls till February 2015
Maturity Date February 26, 2020
Payment Dates Every August 26th and February 26th beginning August 2010
First Coupon 4%
Coupon Structure

4% to February 2015; 5% thereafter

Size $15 million
Issuer Federal National Mortgage Asociation
CUSIP 3136FJ5R8
Currency USD