Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FHLB


5 1/2 Year Step; 3 Month Call
Pricing Date May 12, 2010
Settlement Date May 27, 2010
Structure

5 1/2 Year Step; 3 Month Call

First Call Date August 27, 2010; Quarterly Calls
Maturity Date November 27, 2015
Payment Dates

Every November 27th and May 27th beginning November 2010

First Coupon 2.1%
Coupon Structure

2.1% to November 2012; 3% to November 2014; 5% to May 2015; 7% thereafter

Size $7.5 million
Issuer Federal Home Loan Bank
CUSIP 3133XYKL8
Currency USD