Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FNMA


8 1/2 Year Canary; 6 Month Call
Pricing Date April 21, 2010
Settlement Date May 19, 2010
Structure

8 1/2 Year Canary; 6 Month Call

First Call Date November 19, 2010; Quarterly Calls till November 2013
Maturity Date November 19, 2018
Payment Dates

Every November 19th and May 19th beginning November 2010

First Coupon 3.20%
Coupon Structure

3.2% to to November 2013; 5% thereafter

Size $25 million
Issuer Federal National Mortgage Association
CUSIP 3136FMQF4
Currency USD