Results of Competitive Sales

ARKANSAS

El Dorado School District No. 15 of Union County

Dec 15, 2009 . . . . . . $1,250,000

Construction Bonds (bank qualified) (book entry).

Dated Dec 1, 2009.

Due Feb 1, 2011 to 2035.

Callable Feb 1, 2015 at par.

Winning bid: Ross Sinclaire, at 98.3500, TIC 4.2813%.

Due Amount Cpn Yield Conc Ins
2/1/15 $150,000 2.40% NRO NRO
2/1/20 $200,000 3.50% NRO NRO
2/1/25 $240,000 3.80% NRO NRO
2/1/30 $295,000 4.25% NRO NRO
2/1/35 $365,000 4.50% NRO NRO

L.O.: Friday Eldredge & Clark, Little Rock, AR.

F.A.: Stephens Inc., Little Rock, AR.

Other bidders were:

FTN Fin Cap Mkts, TIC 4.326%

Morgan Keegan, TIC 4.3974%

Sterne Agee, TIC 4.4688%

Crews & Associates, TIC 4.4857%

Stephens, TIC 4.5387%

CALIFORNIA

Belmont Joint Powers Financing Authority

Dec 15, 2009 . . . . . . $8,500,000

Sewer Treatment Facility Revenue Bonds, Series 2009A (Tax-Exempt; Bank Qualified) and 2009B (Taxable Build America Bonds-Direct Payment) (book entry).

Dated Dec 30, 2009.

Due Aug 1, 2012 to 2041.

Callable Aug 1, 2019 at par.

Winning bid: Citigroup, at 98.0000, TIC 4.5026%.

Due Amount Cpn Yield Conc Ins
8/1/12 $155,000 3.00% 1.00%
8/1/13 $160,000 3.00% 1.20%
8/1/14 $165,000 3.00% 1.60%
8/1/15 $165,000 3.00% 2.10%
8/1/16 $170,000 3.00% 2.35%
8/1/17 $175,000 3.00% 2.60%
8/1/18 $180,000 3.00% 2.80%
8/1/19 $185,000 3.00% 2.90%
8/1/20 $195,000 3.10% 3.10%
8/1/21 $200,000 3.30% 3.30%
8/1/22 $210,000 3.40% 3.40%
8/1/23 $215,000 3.50% 3.50%
8/1/24 $225,000 4.00% 3.65%
8/1/25 $235,000 4.00% 3.75%
8/1/26 $245,000 4.00% 3.90%
8/1/27 $260,000 4.00% 4.00%
8/1/28 $270,000 4.10% 4.10%
8/1/29 $280,000 4.10% 4.20%
8/1/30 $295,000 4.25% 4.30%
8/1/31 $310,000 4.30% 4.40%
8/1/32 $330,000 4.50% 4.50%
8/1/33 $345,000 4.50% 4.55%
8/1/34 $365,000 4.50% 4.65%
8/1/35 $385,000 4.60% 4.70%
8/1/36 $405,000 4.625% 4.75%
8/1/37 $425,000 4.70% 4.80%
8/1/38 $450,000 4.75% 4.85%
8/1/39 $475,000 4.75% 4.90%
8/1/40 $500,000 4.75% 5.00%
8/1/41 $525,000 5.00% 5.00%

L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.

F.A.: Magis Advisors, Newport Beach, CA.

Other bidders were:

Fidelity Capital, TIC 5.2357%

Stone & Youngberg, TIC 6.9733%

Southwest Securities, TIC 6.9951%

CONNECTICUT

East Hartford (Town)

Dec 15, 2009 . . . . . . $8,675,000

General Obligation Bonds, Issue of 2009, Series B (bank qualified).

Dated Dec 15, 2009.

Due Dec 15, 2011 to 2019.

Callable Dec 15, 2014 at par.

Winning bid: Fidelity Capital, at 100.0000, TIC 2.7799%.

Due Amount Cpn Yield Conc Ins
12/15/11 $750,000 3.00% NRO NRO
12/15/12 $750,000 3.00% NRO NRO
12/15/13 $875,000 2.00% 1.35%
12/15/14 $875,000 2.00% 1.75%
12/15/15 $1,025,000 2.25% 2.20%
12/15/16 $1,100,000 2.75% 2.60%
12/15/17 $1,100,000 3.00% 2.80%
12/15/18 $1,100,000 3.00% 3.05%
12/15/19 $1,100,000 3.25% 3.20%

Other managers: Roosevelt & Cross, Inc., Citigroup Global Markets, Inc., UBS Financial Services, Inc., CL King & Associates, Wells Fargo Advisors.

L.O.: Robinson & Cole, Hartford, CT.

F.A.: Independent Bond & Investment Consultants (IBIC), Madison, CT.

Other bidders were:

Robert W. Baird, TIC 3.2106%

Morgan Stanley, TIC 3.2877%

Piper Jaffray, TIC 3.4403%

FLORIDA

Hillsborough County

Dec 15, 2009 . . . . . . $12,075,000

General Obligation Bonds (Environmental Lands Acquisition and Protection Program) Series 2009A (book entry).

Dated Dec 29, 2009.

Due Jul 1, 2012 to 2019.

Non-callable.

Winning bid: Robert W. Baird, at 106.4960, TIC 2.5474%.

Due Amount Cpn Yield Conc Ins
7/1/12 $1,300,000 2.00% NRO NRO
7/1/13 $1,400,000 2.00% NRO NRO
7/1/14 $1,450,000 5.00% NRO NRO
7/1/15 $1,500,000 2.50% NRO NRO
7/1/16 $1,550,000 4.00% NRO NRO
7/1/17 $1,600,000 4.00% NRO NRO
7/1/18 $1,625,000 3.50% NRO NRO
7/1/19 $1,650,000 4.50% NRO NRO

Other managers: Morgan Keegan & Co., Inc., CL King & Associates, Fidelity Capital Markets, Loop Capital Markets, LLC, NW Capital Markets Inc., Kildare Capital, Inc., Vining-Sparks IBG, Limited Partnership, William Blair & Company, LLC, Davenport & Company LLC, Duncan-Williams, Inc..

L.O.: Bryant, Miller & Olive, Tampa, FL; and Claudia Medina Thomas, Tampa, FL.

F.A.: Public Financial Management, Inc., Atlanta, GA.

Other bidders were:

Southwest Securities, TIC 2.6453%

FirstSouthwest, TIC 2.656%

Merrill Lynch, TIC 2.7281%

Morgan Stanley, TIC 2.7839%

Raymond James, TIC 3.0976%

UBS Financial Svcs, TIC 3.1029%

GEORGIA

Augusta (City)

Dec 15, 2009 . . . . . . $30,550,000

General Obligation Bonds, Series 2009 (book entry).

Dated Dec 23, 2009.

Due Oct 1, 2011 to 2015.

Non-callable.

Winning bid: Robert W. Baird, at 107.1718, TIC 1.9695%.

Due Amount Cpn Yield Conc Ins
10/1/11 $8,750,000 5.00% 0.70%
10/1/13 $5,000,000 3.00% 1.36%
10/1/14 $5,000,000 3.00% 1.76%
10/1/15 $11,800,000 4.00% 2.20%

Other managers: Coastal Securities Corp., Fidelity Capital Markets, CL King & Associates, William Blair & Company, LLC, Kildare Capital, Inc., Isaak Bond Investments, Inc., Crews & Associates, Inc., NW Capital Markets Inc..

L.O.: McKenna Long & Aldridge LLP, Atlanta, GA.

F.A.: Public Financial Management, Inc., Atlanta, GA.

Other bidders were:

Wells Fargo Secs, TIC 2.08%

Morgan Stanley, TIC 2.0913%

JPMorgan, TIC 2.1106%

Citigroup, TIC 2.1837%

Barclays Capital, TIC 2.2231%

Morgan Keegan, TIC 2.3018%

Hutchinson Shockey, TIC 2.3406%

ILLINOIS

Bartlett Village

Dec 15, 2009 . . . . . . $10,980,000

General Obligation Refunding Bonds, Series 2009 (bank qualified) (book entry).

Dated Dec 22, 2009.

Due Dec 1, 2010 to 2029.

Callable Dec 1, 2019 at par.

Winning bid: Morgan Keegan, at 101.5901, TIC 3.507%.

Due Amount Cpn Yield Conc Ins
12/1/10 $355,000 2.00% NRO NRO
12/1/11 $355,000 2.00% NRO NRO
12/1/12 $355,000 2.00% NRO NRO
12/1/13 $355,000 2.00% NRO NRO
12/1/14 $580,000 2.50% NRO NRO
12/1/15 $605,000 3.00% NRO NRO
12/1/16 $625,000 3.00% NRO NRO
12/1/17 $655,000 3.50% NRO NRO
12/1/18 $685,000 3.50% NRO NRO
12/1/19 $715,000 3.50% NRO NRO
12/1/20 $755,000 3.75% NRO NRO
12/1/21 $795,000 3.75% NRO NRO
12/1/22 $860,000 4.00% NRO NRO
12/1/23 $900,000 4.00% NRO NRO
12/1/24 $510,000 4.00% NRO NRO
12/1/25 $325,000 4.00% NRO NRO
12/1/26 $350,000 4.00% NRO NRO
12/1/27 $375,000 4.00% NRO NRO
12/1/28 $400,000 4.00% NRO NRO
12/1/29 $425,000 4.125% NRO NRO

L.O.: Chapman & Cutler, Chicago, IL.

F.A.: William Blair & Company, LLC, Chicago, IL.

Other bidders were:

Robert W. Baird, TIC 3.6468%

BMO Capital Markets, TIC 3.6807%

Sterne Agee, TIC 3.7229%

IOWA

Carroll (City)

Dec 14, 2009 . . . . . . $2,175,000

General Obligation Local Option Sales Tax Refunding Capital Loan Notes, Series 2010B (bank qualified) (book entry).

Dated Jan 14, 2010.

Due Dec 1, 2010 to 2013.

Non-callable.

Winning bid: UMB Bank, at 99.7000, TIC 1.4759%.

Due Amount Cpn Yield Conc Ins
12/1/10 $525,000 1.00% NRO NRO
12/1/11 $540,000 1.05% NRO NRO
12/1/12 $550,000 1.30% NRO NRO
12/1/13 $560,000 1.60% NRO NRO

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.

F.A.: Public Financial Management, Inc., Des Moines, IA.

Other bidders were:

Bankers' Bank, TIC 1.6154%

Country Club Bank, TIC 1.684%

Piper Jaffray, TIC 1.6908%

D.A. Davidson, TIC 1.7253%

Hutchinson Shockey, TIC 1.9356%

KANSAS

Lewis (City)

Dec 14, 2009 . . . . . . $500,000

General Obligation Bonds, Series 2010 (bank qualified).

Dated Jan 1, 2010.

Due Sep 1, 2012 to 2030.

Callable Sep 1, 2020 at par.

Winning bid: Commerce Bank, at n/a, NIC 4.6965%.

Due Amount Cpn Yield Conc Ins
9/1/15 $70,000 3.10% NRO NRO
9/1/20 $110,000 3.85% NRO NRO
9/1/25 $140,000 4.40% NRO NRO
9/1/30 $180,000 5.25% NRO NRO

L.O.: Gilmore & Bell, Wichita, KS.

F.A.: Ranson Financial Consultants, L.L.C., Wichita, KS.

Other bidders were:

DeWaay Fin Network, NIC 4.7601%

Country Club Bank, NIC 5.1307%

Cooper Malone, NIC 5.3637%

KENTUCKY

Rowan County

Dec 15, 2009 . . . . . . $3,995,000

General Obligation Bonds (County Administration Building Project), Series 2010 (bank qualified).

Dated Jan 5, 2010.

Due Dec 1, 2011 to 2029.

Callable Dec 1, 2019 at par.

Winning bid: Ross Sinclaire, at 99.1849, TIC 4.1089%.

Due Amount Cpn Yield Conc Ins
12/1/11 $45,000 1.75% NRO NRO
12/1/12 $1,790,000 2.50% NRO NRO
12/1/13 $90,000 2.50% NRO NRO
12/1/14 $95,000 2.80% NRO NRO
12/1/15 $95,000 3.10% NRO NRO
12/1/16 $100,000 3.40% NRO NRO
12/1/17 $105,000 3.75% NRO NRO
12/1/18 $110,000 3.90% NRO NRO
12/1/19 $115,000 4.00% NRO NRO
12/1/20 $115,000 4.125% NRO NRO
12/1/21 $125,000 4.25% NRO NRO
12/1/25 $550,000 4.50% NRO NRO
12/1/29 $660,000 4.625% NRO NRO

Other managers: Duncan-Williams, Inc., J.J.B. Hilliard, W.L. Lyons, Inc..

L.O.: Steptoe & Johnson PLLC, Lexington, KY.

F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.

Other bidders were:

Morgan Keegan, TIC 4.2703%

MASSACHUSETTS

North Attleborough (Town)

Dec 15, 2009 . . . . . . $3,459,059

General Obligation Bond Anticipation Notes (bank qualified).

Dated Dec 29, 2009.

Due Dec 29, 2010.

Purchased $3,459,060.00 by TD Securities, at 1.25%, plus $24,196.12, effective rate 0.5505%.

L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.

F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.

Other bidders were:

Jefferies, Effective Rate 0.56%

Beneficial Bk, Effective Rate 0.68%

Oppenheimer, Effective Rate 1.085%

UniBank Fiscal Adv, Effective Rate 1.45%

MINNESOTA

Green Isle (City)

Dec 15, 2009 . . . . . . $1,180,000

General Obligation Bonds, Series 2010A (bank qualified) (book entry).

Dated Jan 5, 2010.

Due Feb 1, 2018 to 2021.

Callable Feb 1, 2018 at par.

Winning bid: Dougherty, at n/a, TIC 3.518%.

Due Amount Cpn Yield Conc Ins
2/1/18 $275,000 3.25% NRO NRO
2/1/19 $295,000 3.25% NRO NRO
2/1/20 $300,000 3.40% NRO NRO
2/1/21 $310,000 3.50% NRO NRO

L.O.: Dorsey & Whitney, Minneapolis, MN.

F.A.: Ehlers & Associates, Inc., Roseville, MN.

Other bidders were:

United Banker's Bk, TIC 3.9807%

Northland Securities, TIC 4.0269%

Polk County

Dec 15, 2009 . . . . . . $400,000

General Obligation Lake Improvement District Bonds, Series 2009B (bank qualified) (book entry).

Dated Dec 30, 2009.

Due Feb 1, 2011 to 2020.

Non-callable.

Winning bid: United Banker's Bk, at n/a, TIC 3.0475%.

Due Amount Cpn Yield Conc Ins
2/1/13 $120,000 1.25% 1.25%
2/1/16 $120,000 2.35% 2.35%
2/1/20 $160,000 3.40% 3.40%

L.O.: Dorsey & Whitney, Minneapolis, MN.

F.A.: Public Financial Management, Inc., Minneapolis, MN.

NEW HAMPSHIRE

New Hampshire

Dec 15, 2009 . . . . . . $50,000,000

General Obligation Capital Improvement Bonds, 2009 Series B (book entry).

Dated Dec 22, 2009.

Due Mar 1, 2011 to 2017.

Non-callable.

Winning bid: Merrill Lynch, at 112.1837, TIC 1.6726%.

Due Amount Cpn Yield Conc Ins
3/1/11 $7,500,000 3.00% NRO NRO
3/1/12 $7,500,000 4.00% 0.65%
3/1/13 $7,500,000 5.00% 0.91%
3/1/14 $7,500,000 5.00% NRO NRO
3/1/15 $7,500,000 5.00% NRO NRO
3/1/16 $7,500,000 5.00% 2.08%
3/1/17 $5,000,000 5.00% 2.33%

L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.

F.A.: Public Resources Advisory Group, New York, NY.

Other bidders were:

Barclays Capital, TIC 1.7112%

Citigroup, TIC 1.713%

BB&T Cap Mkts, TIC 1.7182%

Stifel Nicolaus, TIC 1.7384%

Wells Fargo Secs, TIC 1.7391%

JPMorgan, TIC 1.7406%

Robert W. Baird, TIC 1.7495%

Fidelity Capital, TIC 1.7549%

Hutchinson Shockey, TIC 1.7882%

Morgan Stanley, TIC 1.795%

BMO Capital Markets, TIC 1.8002%

NEW JERSEY

Bethlehem Township Board of Education

Dec 15, 2009 . . . . . . $514,716

Temporary Notes (bank qualified).

Dated Dec 22, 2009.

Due Jun 22, 2010.

Purchased $514,720.00 by TD Bank, N.A., at 0.77%, effective rate 0.77%.

L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Oppenheimer, Effective Rate 2.861%

Dumont Borough

Dec 15, 2009 . . . . . . $1,280,000

Bond Anticipation Notes, Series 2009A (Various Improvements) (bank qualified).

Dated Dec 22, 2009.

Due May 11, 2010.

Purchased n/a by TD Bank, N.A., at 0.68%, effective rate 0.68%.

L.O.: Nowell Amoroso Klein Bierman, P.C., Hackensack, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Beneficial Bk, Effective Rate 1.45%

Janney Montgomery, Effective Rate 1.8705%

Oppenheimer, Effective Rate 2.2281%

Freehold Borough

Dec 15, 2009 . . . . . . $1,867,600

Bond Anticipation Note Sale (bank qualified).

Dated Dec 22, 2009.

Due Dec 22, 2010.

Purchased $1,867,600.00 by Beneficial Bk, at 1.5%, plus $7,806.57, effective rate 1.082%.

L.O.: Lomurro Davison Eastman & Munoz, Freehold, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Wells Fargo Secs, Effective Rate 1.1%

Oppenheimer, Effective Rate 1.334%

TD Securities, Effective Rate 1.352%

Janney Montgomery, Effective Rate 1.456%

Ocean First Bank, Effective Rate 1.75%

Freehold Township

Dec 15, 2009 . . . . . . $3,000,000

Bond Anticipation Notes (bank qualified) (book entry).

Dated Dec 22, 2009.

Due Dec 22, 2010.

Purchased $3,000,000.00 by TD Securities, at 1.5%, plus $16,830.00, effective rate 0.939%.

L.O.: Lomurro Davison Eastman & Munoz, Freehold, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Wells Fargo Secs, Effective Rate 0.95%

Janney Montgomery, Effective Rate 1.0%

Oppenheimer, Effective Rate 1.08%

Provident Bank, Effective Rate 1.63%

Ocean First Bank, Effective Rate 1.75%

Lenape Regional High School District Board of Education

Dec 15, 2009 . . . . . . $3,100,000

Grant Anticipation Notes (bank qualified).

Dated Dec 22, 2009.

Due Dec 22, 2010.

Purchased $3,100,000.00 by Beneficial Bk, at 1.5%, plus $17,329.00, effective rate 0.941%.

L.O.: McManimon & Scotland, Newark, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Valley National Bank, Effective Rate 1.0%

Janney Montgomery, Effective Rate 1.475%

Oppenheimer, Effective Rate 1.635%

Morristown (Town)

Dec 15, 2009 . . . . . . $1,100,000

Bond Anticipation Notes (bank qualified).

Dated Dec 21, 2009.

Due Oct 21, 2010.

Purchased $1,100,000.00 by TD Securities, at 1.5%, plus $5,940.00, effective rate 0.852%.

L.O.: Rogut McCarthy LLC, Cranford, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Jefferies, Effective Rate 0.8808%

Janney Montgomery, Effective Rate 1.14%

J.P. Morgan Chase, Effective Rate 1.36%

Beneficial Bk, Effective Rate 1.4112%

Oppenheimer, Effective Rate 1.4813%

Bank of America, Effective Rate 2.7%

Pitman Borough

Dec 15, 2009 . . . . . . $9,310,000

General Obligation Bonds, Series 2009 Consisting of: $4,765,000 General Improvement Bonds and $4,545,000 Water and Sewer Utility Bonds (bank qualified) (book entry).

Dated Dec 22, 2009.

Due Dec 1, 2010 to 2029.

Callable Dec 1, 2020 at par.

Winning bid: UBS Financial Svcs, at 100.0000, NIC 3.7785%.

Due Amount Cpn Yield Conc Ins
12/1/10 $325,000 2.00% NRO NRO
12/1/11 $345,000 2.00% NRO NRO
12/1/12 $365,000 2.00% NRO NRO
12/1/13 $385,000 2.00% NRO NRO
12/1/14 $405,000 2.00% NRO NRO
12/1/15 $420,000 3.00% NRO NRO
12/1/16 $430,000 3.00% NRO NRO
12/1/17 $455,000 3.00% NRO NRO
12/1/18 $470,000 3.50% NRO NRO
12/1/19 $485,000 3.75% NRO NRO
12/1/20 $510,000 4.00% NRO NRO
12/1/21 $530,000 4.00% NRO NRO
12/1/22 $555,000 4.00% NRO NRO
12/1/23 $565,000 4.00% NRO NRO
12/1/24 $595,000 4.00% NRO NRO
12/1/25 $615,000 4.00% NRO NRO
12/1/26 $630,000 4.00% NRO NRO
12/1/27 $635,000 4.00% NRO NRO
12/1/28 $290,000 4.00% NRO NRO
12/1/29 $300,000 4.125% NRO NRO

Other managers: Roosevelt & Cross, Inc., Fidelity Capital Markets, CL King & Associates, Stifel, Nicolaus & Co., Inc., Sterne, Agee & Leach, Inc, Wells Fargo Advisors.

In association with: Charles Schwab & Co..

L.O.: Parker, McCay, P.A., Marlton, NJ.

F.A.: Bowman & Company, Voorhees, NJ; and Bowman & Company, Woodbury, NJ.

Other bidders were:

Robert W. Baird, NIC 4.6218%

Rockaway Borough

Dec 15, 2009 . . . . . . $2,772,175

$2,107,175 General Improvement Bond Anticipation Notes and $665,000 Water-Sewer Utility Bond Anticipation Notes (bank qualified).

Dated Dec 22, 2009.

Due Dec 21, 2010.

Purchased $2,772,180.00 by TD Bank, N.A., at 0.98%, effective rate 0.98%.

L.O.: Law Offices of John G. Hudak, Esq., LLC, Linden, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Valley National Bank, Effective Rate 1.0%

Beneficial Bk, Effective Rate 1.0648%

Jefferies, Effective Rate 1.104%

Janney Montgomery, Effective Rate 1.27%

Oppenheimer, Effective Rate 1.28%

Ventnor City (City)

Dec 15, 2009 . . . . . . $3,294,500

Bond Anticipation Notes of 2009, Series B (bank qualified).

Dated Dec 22, 2009.

Due Aug 25, 2010.

Purchased $3,294,500.00 by Jefferies, at 1.5%, plus $12,124.00, effective rate 0.954%.

L.O.: Parker, McCay, P.A., Marlton, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Beneficial Bk, Effective Rate 0.963%

TD Securities, Effective Rate 1.0381%

Oppenheimer, Effective Rate 1.1188%

Janney Montgomery, Effective Rate 1.2407%

Sun National Bank, Effective Rate 2.01%

Washington Township (Gloucester County)

Dec 15, 2009 . . . . . . $2,850,000

Bond Anticipation Notes of 2009, Series A (bank qualified).

Dated Dec 22, 2009.

Due Dec 21, 2010.

Purchased $2,850,000.00 by Beneficial Bk, at 1.5%, plus $15,760.00, effective rate 0.9455%.

L.O.: Parker, McCay, P.A., Marlton, NJ.

F.A.: Municipal Official(s).

Other bidders were:

TD Bank, N.A., Effective Rate 0.98%

Jefferies, Effective Rate 0.9956%

First Colonial, Effective Rate 1.029%

Oppenheimer, Effective Rate 1.1158%

Janney Montgomery, Effective Rate 1.174%

Sun National Bank, Effective Rate 2.01%

NEW YORK

Hornell City School District

Dec 15, 2009 . . . . . . $1,750,000

Bond Anticipation Notes, Series 2009 (bank qualified).

Dated Dec 30, 2009.

Due Jun 30, 2010.

Purchased $1,750,000.00 by J.P. Morgan Chase, at 0.99%, effective rate 0.99%.

L.O.: Timothy R. McGill, Esq., Fairport, NY.

F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.

Other bidders were:

Jefferies, Effective Rate 1.1539%

Oppenheimer, Effective Rate 1.556%

Janney Montgomery, Effective Rate 1.6%

Roosevelt & Cross, Effective Rate 2.2443%

Suffolk County

Dec 15, 2009 . . . . . . $350,000,000

Tax Anticipation Notes for 2010 Taxes (book entry).

Dated Dec 22, 2009.

Due Aug 12, 2010.

Purchased $25,000,000.00 by Goldman Sachs, at 2.0%, plus $271,000.00, effective rate 0.3033%.

Purchased $100,000,000.00 by Goldman Sachs, at 2.0%, plus $1,058,000.00, effective rate 0.344%.

Purchased $160,000,000.00 by JPMorgan, at 2.0%, plus $1,690,118.00, effective rate 0.3466%.

Purchased $25,000,000.00 by Citigroup, at 1.0%, plus $110,501.00, effective rate 0.3082%.

Purchased $25,000,000.00 by Citigroup, at 2.0%, plus $266,751.00, effective rate 0.3299%.

Purchased $10,000,000.00 by Capital One, at 0.33%, effective rate 0.33%.

Purchased $5,000,000.00 by Wells Fargo Secs, at 1.25%, plus $29,450.00, effective rate 0.3281%.

L.O.: Hawkins, Delafield & Wood, New York, NY.

F.A.: Capital Markets Advisors, LLC, Great Neck, NY.

Other bidders were:

JPMorgan, Effective Rate 0.3466%

Wells Fargo Secs, Effective Rate 0.3484%

Wells Fargo Secs, Effective Rate 0.3578%

Piper Jaffray, Effective Rate 0.359%

Jefferies, Effective Rate 0.373%

Morgan Stanley, Effective Rate 0.3769%

Citigroup, Effective Rate 0.3863%

Morgan Stanley, Effective Rate 0.3878%

TD Securities, Effective Rate 0.3965%

Morgan Stanley, Effective Rate 0.3972%

Citigroup, Effective Rate 0.4003%

TD Securities, Effective Rate 0.4042%

Jefferies, Effective Rate 0.4043%

Janney Montgomery, Effective Rate 0.4043%

Piper Jaffray, Effective Rate 0.4059%

Barclays Capital, Effective Rate 0.409%

Janney Montgomery, Effective Rate 0.4122%

Janney Montgomery, Effective Rate 0.42%

Jefferies, Effective Rate 0.4231%

Merrill Lynch, Effective Rate 0.4285%

Barclays Capital, Effective Rate 0.4294%

Capital One, Effective Rate 0.43%

TD Securities, Effective Rate 0.4345%

Roosevelt & Cross, Effective Rate 0.483%

NORTH CAROLINA

Chapel Hill (Town)

Dec 15, 2009 . . . . . . $4,490,000

General Obligation Refunding Bonds, Series 2009 (bank qualified) (book entry).

Dated Dec 22, 2009.

Due Mar 1, 2010 to 2019.

Non-callable.

Winning bid: BB&T Cap Mkts, at 105.4601, TIC 1.7296%.

Due Amount Cpn Yield Conc Ins
3/1/10 $30,000 3.00% 0.25%
3/1/11 $735,000 2.75% 0.29%
3/1/12 $725,000 2.00% 0.62%
3/1/13 $705,000 3.00% 0.80%
3/1/14 $690,000 3.00% 1.09%
3/1/15 $475,000 3.25% 1.54%
3/1/16 $290,000 3.25% 2.00%
3/1/17 $285,000 3.50% 2.28%
3/1/18 $280,000 4.00% 2.53%
3/1/19 $275,000 3.00% 2.73%

L.O.: Sanford Holshouser LLP, Carrboro, NC.

F.A.: BB&T Capital Markets, Winston-Salem, NC; and Local Government Commission, Raleigh, NC.

Other bidders were:

Morgan Keegan, TIC 1.7949%

Robert W. Baird, TIC 1.8637%

Hutchinson Shockey, TIC 1.8751%

BMO Capital Markets, TIC 1.8781%

First Trust, TIC 1.9296%

Wells Fargo Advisors, TIC 2.1037%

UBS Financial Svcs, TIC 2.1982%

OKLAHOMA

Tulsa County Independent School District No. 11 (Owasso)

Dec 15, 2009 . . . . . . $3,000,000

Combined Purpose Bonds of 2010 (bank qualified) (book entry).

Dated Feb 1, 2010.

Due Feb 1, 2012 to 2014.

Non-callable.

Winning bid: UMB Bank, at 100.0000, NIC 1.4444%.

Due Amount Cpn Yield Conc Ins
2/1/12 $1,000,000 1.25% NRO NRO
2/1/13 $1,000,000 1.30% NRO NRO
2/1/14 $1,000,000 1.65% NRO NRO

L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Country Club Bank, NIC 1.9917%

BOSC, NIC 2.2833%

PENNSYLVANIA

Allegheny County

Dec 15, 2009 . . . . . . $50,000,000

Tax and Revenue Anticipation Notes, Series of 2010 (book entry).

Dated Jan 4, 2010.

Due Apr 5, 2010.

Purchased $50,000,000.00 by Goldman Sachs, at 1.0%, plus $84,500.00, effective rate 0.331%.

L.O.: R. Darryl Ponton & Associates, Pittsburgh, PA.

F.A.: Public Financial Management, Inc., Pittsburgh, PA.

Other bidders were:

Piper Jaffray, Effective Rate 0.335%

Citigroup, Effective Rate 0.3389%

Wells Fargo Secs, Effective Rate 0.3389%

Merrill Lynch, Effective Rate 0.3508%

Janney Montgomery, Effective Rate 0.3508%

Boenning&Scattergood, Effective Rate 0.3587%

PNC Capital Markets, Effective Rate 0.3627%

Jefferies, Effective Rate 0.3686%

BNY Mellon Cap Mkts, Effective Rate 0.4872%

Oppenheimer, Effective Rate 1.3395%

Pennsylvania

Dec 15, 2009 . . . . . . $800,000,000

Tax Anticipation Notes, First Series of 2009-10 (book entry).

Dated Dec 22, 2009.

Due Jun 30, 2010.

Purchased $800,000,000.00 by JPMorgan, at 1.5%, plus $5,000,000.00, effective rate 0.2993%.

L.O.: Duane Morris, LLP, Philadelphia, PA; and State Attorney General.

F.A.: Public Financial Management, Inc., Philadelphia, PA.

Other bidders were:

Goldman Sachs, Effective Rate 0.2999%

Barclays Capital, Effective Rate 0.3032%

Citigroup, Effective Rate 0.3032%

Merrill Lynch, Effective Rate 0.3037%

Wells Fargo Secs, Effective Rate 0.3089%

Morgan Stanley, Effective Rate 0.3089%

Piper Jaffray, Effective Rate 0.3243%

TENNESSEE

Franklin (City)

Dec 15, 2009 . . . . . . $13,205,000

General Obligation Public Improvement Bonds, Series 2009A (book entry).

Dated Dec 29, 2009.

Due Mar 1, 2011 to 2017.

Non-callable.

Winning bid: Morgan Keegan, at 103.2743, TIC 1.7084%.

Due Amount Cpn Yield Conc Ins
3/1/11 $1,525,000 2.50% NRO NRO
3/1/12 $1,805,000 2.50% NRO NRO
3/1/13 $1,860,000 2.50% NRO NRO
3/1/14 $1,915,000 2.50% NRO NRO
3/1/15 $1,975,000 2.50% NRO NRO
3/1/16 $2,030,000 2.50% NRO NRO
3/1/17 $2,095,000 2.50% NRO NRO

L.O.: Bass, Berry & Sims PLC, Nashville, TN.

F.A.: Public Financial Management, Inc., Memphis, TN.

Other bidders were:

Hutchinson Shockey, TIC 1.8665%

BMO Capital Markets, TIC 1.909%

Duncan-Williams, TIC 1.9158%

Robert W. Baird, TIC 1.9496%

BB&T Cap Mkts, TIC 1.9581%

Stifel Nicolaus, TIC 1.9779%

UBS Financial Svcs, TIC 2.3678%

WISCONSIN

St. Joseph (Town)

Dec 15, 2009 . . . . . . $4,730,000

General Obligation Promissory Notes, Series 2010A (bank qualified) (book entry).

Dated Jan 7, 2010.

Due Oct 1, 2010 to 2019.

Callable Oct 1, 2017 at par.

Winning bid: Robert W. Baird, at 101.2190, TIC 2.5119%.

Due Amount Cpn Yield Conc Ins
10/1/10 $475,000 2.00% 0.55%
10/1/11 $430,000 2.00% 0.85%
10/1/12 $440,000 2.00% 1.10%
10/1/13 $450,000 2.00% 1.35%
10/1/14 $455,000 2.50% 1.75%
10/1/15 $470,000 2.50% 2.20%
10/1/16 $480,000 3.00% 2.50%
10/1/17 $495,000 3.00% 2.75%
10/1/18 $510,000 3.00% 2.95%
10/1/19 $525,000 3.10% 3.15%

Other managers: Loop Capital Markets, LLC, CL King & Associates, Kildare Capital, Inc., Davenport & Company LLC, Wedbush Morgan Securities, NW Capital Markets Inc..

L.O.: Fryberger, Buchanan, Smith & Frederick, Duluth, MN.

F.A.: Ehlers & Associates, Inc., Roseville, MN.

Other bidders were:

M & I Bank, TIC 2.5971%

UMB Bank, TIC 2.6208%

Bankers' Bank, TIC 2.6958%

Morgan Keegan, TIC 2.8045%

BMO Capital Markets, TIC 2.8171%

FirstSouthwest, TIC 2.8629%

Wells Fargo Advisors, TIC 2.9915%

TAXABLE ISSUES

FLORIDA

Hillsborough County

Dec 15, 2009 . . . . . . $48,125,000

Taxable General Obligation Bonds (Environmental Lands Acquisition and Protection Program) Series 2009B (Build America Bonds-Direct Subsidy) (book entry).

Dated Dec 29, 2009.

Due Jul 1, 2020 to 2039.

Callable Jul 1, 2019 at par.

Winning bid: Morgan Keegan, at n/a, TIC 6.1091%.

Due Amount Cpn Yield Conc Ins
7/1/20 $1,680,000 4.875% NRO NRO
7/1/25 $9,245,000 5.05% NRO NRO
7/1/26 $2,035,000 6.00% NRO NRO
7/1/27 $2,115,000 6.00% NRO NRO
7/1/28 $2,195,000 6.00% NRO NRO
7/1/29 $2,280,000 6.00% NRO NRO
7/1/34 $12,860,000 6.25% NRO NRO
7/1/39 $15,715,000 6.35% NRO NRO

Other managers: Robert W. Baird & Co., Inc., CL King & Associates, Duncan-Williams, Inc., Kildare Capital, Inc., William Blair & Company, LLC, Davenport & Company LLC, Crews & Associates, Inc., FTN Financial Capital Markets, Fidelity Capital Markets, NW Capital Markets Inc..

L.O.: Bryant, Miller & Olive, Tampa, FL; and Claudia Medina Thomas, Tampa, FL.

F.A.: Public Financial Management, Inc., Atlanta, GA.

Other bidders were:

Wells Fargo Secs, TIC 6.1408%

Citigroup, TIC 6.2068%

Raymond James, TIC 6.4719%

NEW HAMPSHIRE

New Hampshire

Dec 15, 2009 . . . . . . $75,000,000

Taxable General Obligation Capital Improvement Bonds, 2009 Series C (Build America Bonds- Direct Payment to Issuer) (book entry).

Dated Dec 22, 2009.

Due Mar 1, 2017 to 2029.

The bonds shall be callable in accordance with the specification.

Winning bid: Robert W. Baird, at n/a, TIC 4.9707%.

Due Amount Cpn Yield Conc Ins
3/1/17 $2,500,000 4.125% NRO NRO
3/1/18 $7,500,000 4.375% NRO NRO
3/1/19 $7,500,000 4.50% NRO NRO
3/1/20 $7,500,000 4.625% NRO NRO
3/1/21 $7,500,000 4.75% NRO NRO
3/1/22 $7,500,000 4.75% NRO NRO
3/1/23 $5,000,000 5.00% NRO NRO
3/1/24 $5,000,000 5.00% NRO NRO
3/1/25 $5,000,000 5.125% NRO NRO
3/1/26 $5,000,000 5.50% NRO NRO
3/1/27 $5,000,000 5.50% NRO NRO
3/1/28 $5,000,000 5.50% NRO NRO
3/1/29 $5,000,000 5.50% NRO NRO

Other managers: Morgan Keegan & Co., Inc., CL King & Associates, Fidelity Capital Markets, Coastal Securities Corp., Stifel, Nicolaus & Co., Inc., Davenport & Company LLC, Loop Capital Markets, LLC, William Blair & Company, LLC, Edward D. Jones & Co., Kildare Capital, Inc., Vining-Sparks IBG, Limited Partnership, NW Capital Markets Inc., Crews & Associates, Inc., FTN Financial Capital Markets, Wedbush Morgan Securities, Eastern Bank Capital Markets, Cronin & Co., Inc..

L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.

F.A.: Public Resources Advisory Group, New York, NY.

Other bidders were:

JPMorgan, TIC 4.9768%

Barclays Capital, TIC 4.9806%

Merrill Lynch, TIC 4.9914%

Wells Fargo Secs, TIC 5.0165%

Piper Jaffray, TIC 5.0233%

Citigroup, TIC 5.0233%

TENNESSEE

Franklin (City)

Dec 15, 2009 . . . . . . $30,625,000

Taxable General Obligation Public Improvement Bonds, Series 2009B (Build America Bonds- Direct Payment) (book entry).

Dated Dec 29, 2009.

Due Mar 1, 2018 to 2029.

Callable Mar 1, 2019 at par.

Winning bid: Morgan Keegan, at n/a, TIC 5.1487%.

Due Amount Cpn Yield Conc Ins
3/1/18 $2,140,000 4.45% NRO NRO
3/1/19 $2,205,000 4.55% NRO NRO
3/1/20 $2,270,000 4.65% NRO NRO
3/1/21 $2,340,000 4.80% NRO NRO
3/1/22 $2,410,000 4.95% NRO NRO
3/1/23 $2,490,000 4.90% NRO NRO
3/1/24 $2,565,000 5.00% NRO NRO
3/1/25 $2,650,000 5.125% NRO NRO
3/1/26 $2,740,000 5.375% NRO NRO
3/1/27 $2,835,000 5.50% NRO NRO
3/1/28 $2,935,000 5.60% NRO NRO
3/1/29 $3,045,000 5.70% NRO NRO

Other managers: Robert W. Baird & Co., Inc., Duncan-Williams, Inc., Davenport & Company LLC, Kildare Capital, Inc., Crews & Associates, Inc., FirstSouthwest, Southwest Securities, Inc., Stifel, Nicolaus & Co., Inc., PNC Capital Markets, Fidelity Capital Markets, FTN Financial Capital Markets, Ross, Sinclaire & Associates, Inc., Wells Fargo Advisors, SAMCO Capital Markets, NW Capital Markets Inc., CL King & Associates.

L.O.: Bass, Berry & Sims PLC, Nashville, TN.

F.A.: Public Financial Management, Inc., Memphis, TN.

Other bidders were:

Citigroup, TIC 5.1712%

Sterne Agee, TIC 5.2887%

BMO Capital Markets, TIC 5.2997%

Barclays Capital, TIC 5.4801%

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