Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FNMA


10 Year Canary; 6 Month Call
Pricing Date April 30, 2010
Settlement Date May 19, 2010
Structure

10 Year Canary; 6 Month Call

First Call Date November 19, 2010; Quarterly Calls till November 2013
Maturity Date May 19, 2020
Payment Dates

Every November 19th and May 19th beginning November 2010

First Coupon 3%
Coupon Structure

3% to May 2015; 6% thereafter

Size $25 million
Issuer Federal National Mortgage Association
CUSIP 3136FMSK1
Currency USD