Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FNMA


5 1/2 Year Canary; 6 Month Call
Pricing Date April 22, 2010
Settlement Date May 19, 2010
Structure

5 1/2 Year Canary; 6 Month Call

First Call Date November 19, 2010; Quarterly Calls till November 2012
Maturity Date November 19, 2015
Payment Dates

Every November 19th and May 19th beginning November 2010

First Coupon 2.25%
Coupon Structure

2.25% to to November 2012; 4.25% thereafter

Size $30 million
Issuer Federal National Mortgage Association
CUSIP 3136FMQN7
Currency USD