Amherst Securities LP

Amherst Securities Group Underwrites New Issue Deal for FNMA


6 Year Step; 1 Year Call
Pricing Date May 24, 2010
Settlement Date June 22, 2010
Structure

6 Year Step; 1 Year Call

First Call Date June 22, 2011; Quarterly Calls
Maturity Date June 22, 2016
Payment Dates

Every December 22nd and June 22nd beginning December 2010

First Coupon 2.1%
Coupon Structure

2.1 to June 2012; 3% to June 2013; 4% to June 2014; 5% to June 2015; 6% thereafter

Size $30 million
Issuer Federal National Mortgage Association
CUSIP 3136FMWV2
Currency USD