Results of Competitive Sales

ILLINOIS

Evanston (City)

Aug 16, 2010 . . . . . . $6,500,000

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

Dated Aug 15, 2010.

Due Dec 1, 2011 to 2029.

Callable Dec 1, 2019 at par.

Winning bid: Raymond James, at 101.0000, TIC 3.0685%.

Due Amount Cpn Yield Conc Ins
12/1/11 $240,000 2.00% 0.40%
12/1/12 $300,000 2.00% 0.50%
12/1/13 $305,000 2.00% 0.75%
12/1/14 $305,000 2.00% 0.95%
12/1/16 $310,000 2.00% 1.65%
12/1/17 $320,000 2.50% 1.95%
12/1/18 $325,000 2.50% 2.20%
12/1/19 $335,000 2.75% 2.40%
12/1/20 $345,000 2.75% 2.60%
12/1/21 $355,000 2.75% 2.80%
12/1/22 $370,000 3.00% 2.95%
12/1/23 $380,000 3.50% 3.05%
12/1/24 $395,000 3.50% 3.20%
12/1/25 $410,000 3.50% 3.30%
12/1/26 $425,000 3.50% 3.40%
12/1/27 $440,000 3.50% 3.50%
12/1/28 $460,000 3.50% 3.60%
12/1/29 $480,000 3.625% 3.70%

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

F.A.: Public Financial Management, Inc., Milwaukee, WI; and Kathy Thomas Consulting, Chicago, IL.

Other bidders were:

Robert W. Baird, TIC 3.1263%

Piper Jaffray, TIC 3.1709%

Morgan Keegan, TIC 3.1966%

BMO Capital Markets, TIC 3.3136%

M&I Marshall, TIC 3.3813%

Hutchinson Shockey, TIC 3.4602%

IOWA

Dubuque (City)

Aug 16, 2010 . . . . . . $5,700,000

Water Revenue Bonds, Series 2010D (book entry).

Dated Sep 21, 2010.

Due Jun 1, 2012 to 2030.

Callable Jun 1, 2017 at par.

Winning bid: Robert W. Baird, at 100.5634, TIC 3.5353%.

Due Amount Cpn Yield Conc Ins
6/1/12 $185,000 2.00% 0.66%
6/1/13 $185,000 2.00% 0.91%
6/1/14 $195,000 2.00% 1.05%
6/1/15 $195,000 2.00% 1.49%
6/1/16 $205,000 2.50% 1.82%
6/1/17 $210,000 2.50% 2.09%
6/1/18 $215,000 3.00% 2.26%
6/1/19 $225,000 3.00% 2.47%
6/1/20 $235,000 3.00% 2.66%
6/1/21 $240,000 3.00% 2.90%
6/1/22 $250,000 3.25% 3.05%
6/1/23 $260,000 3.50% 3.20%
6/1/24 $390,000 3.50% 3.30%
6/1/25 $405,000 3.50% 3.45%
6/1/26 $420,000 4.00% 3.60%
6/1/27 $440,000 4.00% 3.70%
6/1/28 $460,000 4.00% 3.80%
6/1/29 $480,000 4.00% 3.90%
6/1/30 $505,000 4.00% 3.95%

Other managers: CL King & Associates, Coastal Securities Corp., Davenport & Company LLC, Kildare Capital, Inc., Loop Capital Markets, LLC, SAMCO Capital Markets, Wedbush Securities, Crews & Associates, Inc., Jackson Securities Inc., Cronin & Co., Inc., RBC Capital Markets, Edward D. Jones & Co..

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

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

Other bidders were:

BMO Capital Markets, TIC 3.5729%

Piper Jaffray, TIC 3.5945%

Hutchinson Shockey, TIC 3.9108%

Midland Community School District

Aug 16, 2010 . . . . . . $500,000

General Obligation Capital Loan Notes, Series 2010 (bank qualified) (book entry).

Dated Oct 1, 2010.

Due Jun 1, 2011 to 2016.

Callable Jun 1, 2014 at par.

Winning bid: Hutchinson Shockey, at 99.5000, TIC 1.7971%.

Due Amount Cpn Yield Conc Ins
6/1/11 $50,000 1.25% NRO NRO
6/1/12 $50,000 1.25% NRO NRO
6/1/13 $55,000 1.25% NRO NRO
6/1/14 $95,000 1.40% NRO NRO
6/1/15 $115,000 1.70% NRO NRO
6/1/16 $135,000 1.90% NRO NRO

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

F.A.: Piper Jaffray & Company, Des Moines, IA.

Other bidders were:

UMB Bank, TIC 1.8712%

Midland Community School District

Aug 16, 2010 . . . . . . $730,000

School Infrastructure Sales, Services and Use Tax Revenue Bonds, Series 2010 (bank qualified) (book entry).

Dated Oct 1, 2010.

Due Jul 1, 2025 to 2029.

Callable Jul 1, 2020 at par.

Winning bid: Hutchinson Shockey, at 98.6062, TIC 4.2251%.

Due Amount Cpn Yield Conc Ins
7/1/25 $135,000 4.00% NRO NRO
7/1/26 $140,000 4.05% NRO NRO
7/1/27 $145,000 4.10% NRO NRO
7/1/28 $155,000 4.15% NRO NRO
7/1/29 $155,000 4.20% NRO NRO

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

F.A.: Piper Jaffray & Company, Des Moines, IA.

Other bidders were:

Northland Securities, TIC 4.4783%

KANSAS

South Hutchinson (City)

Aug 16, 2010 . . . . . . $905,000

General Obligation Temporary Notes, Series 2010-1 (bank qualified) (book entry).

Dated Sep 1, 2010.

Due Aug 1, 2011.

Callable May 1, 2011 at par.

Winning bid: Commerce Bank, at 100.1990, NIC 0.7829%.

Due Amount Cpn Yield Conc Ins
8/1/11 $905,000 1.00% NRO NRO

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

F.A.: Municipal Official(s).

Other bidders were:

DeWaay Fin Network, NIC 0.8206%

Country Club Bank, NIC 0.9182%

UMB Bank, NIC 1.2427%

KENTUCKY

Fleming County School District Finance Corporation

Aug 16, 2010 . . . . . . $2,875,000

School Building Refunding Revenue Bonds, Series of 2010 (Kentucky School District Enhancement Program) (bank qualified) (book entry).

Dated Aug 1, 2010.

Due Jun 1, 2011 to 2021.

Non-callable.

Winning bid: Stifel Nicolaus, at 99.2688, NIC 2.4306%.

Due Amount Cpn Yield Conc Ins
6/1/11 $110,000 1.00% 0.60%
6/1/12 $85,000 1.75% 0.90%
6/1/13 $95,000 1.75% 1.05%
6/1/14 $95,000 1.75% 1.25%
6/1/15 $95,000 2.00% 1.50%
6/1/16 $370,000 2.125% 1.85%
6/1/17 $380,000 2.25% 2.10%
6/1/18 $390,000 2.25% 2.30%
6/1/19 $400,000 2.375% 2.45%
6/1/20 $405,000 2.50% 2.65%
6/1/21 $450,000 2.50% 2.75%

Other managers: FirstSouthwest, First Kentucky Securities Corp..

L.O.: Henry M. Reed III, Louisville, KY.

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

Other bidders were:

Morgan Keegan, NIC 2.4362%

UBS Financial Svcs, NIC 2.4383%

Ross Sinclaire, NIC 2.4771%

MINNESOTA

Aitkin (City)

Aug 16, 2010 . . . . . . $605,000

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

Dated Sep 9, 2010.

Due Feb 1, 2011 to 2022.

Callable Feb 1, 2018 at par.

Winning bid: Northland Securities, at 98.6000, TIC 2.6365%.

Due Amount Cpn Yield Conc Ins
2/1/12 $85,000 0.50% 0.50%
2/1/14 $90,000 1.10% 1.10%
2/1/16 $100,000 1.65% 1.65%
2/1/18 $100,000 2.20% 2.20%
2/1/20 $110,000 2.65% 2.65%
2/1/22 $120,000 3.00% 3.00%

L.O.: Bradley & Deike, P.A., Minneapolis, MN.

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

Other bidders were:

United Banker's Bk, TIC 2.7577%

Cronin, TIC 2.9565%

Caledonia Independent School District No. 299

Aug 16, 2010 . . . . . . $2,935,000

General Obligation Aid Anticipation Certificates of Indebtedness, Series 2010A (MN SD Credit Enhancement Program) (bank qualified) (book entry).

Dated Aug 30, 2010.

Due Sep 30, 2011.

Purchased $2,935,000.00 by Wells Fargo Secs, at 1.0%, plus $12,503.10, effective rate 0.6068%.

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

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

Other bidders were:

Northland Securities, Effective Rate 0.6648%

M&I Marshall, Effective Rate 0.6692%

Piper Jaffray, Effective Rate 0.72%

Oppenheimer, Effective Rate 1.3523%

International Falls Independent School District No. 361

Aug 16, 2010 . . . . . . $2,000,000

General Obligation Alternative Facilities Bonds, Series 2010A (MN SD Credit Enhancement Program) (bank qualified) (book entry).

Dated Sep 8, 2010.

Due Feb 1, 2012 to 2026.

Callable Feb 1, 2019 at par.

Winning bid: Northland Securities, at 99.8751, TIC 2.7459%.

Due Amount Cpn Yield Conc Ins
2/1/12 $105,000 2.00% 0.45%
2/1/13 $120,000 2.00% 0.75%
2/1/14 $120,000 2.00% 0.90%
2/1/15 $120,000 2.00% 1.15%
2/1/16 $120,000 2.00% 1.40%
2/1/17 $125,000 2.00% 1.65%
2/1/18 $130,000 2.00% 2.00%
2/1/19 $130,000 2.25% 2.25%
2/1/20 $135,000 2.40% 2.40%
2/1/21 $140,000 2.65% 2.65%
2/1/22 $145,000 2.80% 2.80%
2/1/23 $145,000 3.00% 3.00%
2/1/24 $150,000 3.10% 3.10%
2/1/25 $155,000 3.25% 3.25%
2/1/26 $160,000 3.40% 3.40%

L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.

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

Other bidders were:

Robert W. Baird, TIC 2.7952%

Wells Fargo Secs, TIC 2.8209%

Cronin, TIC 2.8542%

Maple Grove (City)

Aug 16, 2010 . . . . . . $3,415,000

General Obligation Road Reconstruction Refunding Bonds, Series 2010B (bank qualified) (book entry).

Dated Sep 14, 2010.

Due Feb 1, 2013 to 2022.

Callable Feb 1, 2020 at par.

Winning bid: UBS Financial Svcs, at 102.0953, TIC 2.0994%.

Due Amount Cpn Yield Conc Ins
2/1/13 $295,000 2.00% NRO NRO
2/1/14 $315,000 2.00% NRO NRO
2/1/15 $315,000 2.00% NRO NRO
2/1/16 $325,000 2.00% NRO NRO
2/1/17 $335,000 2.00% NRO NRO
2/1/18 $350,000 3.00% NRO NRO
2/1/19 $355,000 2.50% NRO NRO
2/1/20 $360,000 2.50% NRO NRO
2/1/21 $375,000 2.50% NRO NRO
2/1/22 $390,000 2.625% NRO NRO

L.O.: Faegre & Benson, Minneapolis, MN.

F.A.: Springsted Incorporated, St. Paul, MN.

Other bidders were:

BMO Capital Markets, TIC 2.1655%

Piper Jaffray, TIC 2.1798%

Robert W. Baird, TIC 2.2268%

Hutchinson Shockey, TIC 2.2604%

Northland Securities, TIC 2.2645%

Morgan Keegan, TIC 2.3%

UMB Bank, TIC 2.3047%

Cronin, TIC 2.3212%

Wells Fargo Secs, TIC 2.3348%

Wadena Deer Creek Independent School District No. 2155

Aug 16, 2010 . . . . . . $2,000,000

General Obligation Aid Anticipation Certificates of Indebtedness of 2010 (Minnesota School District Credit Enhancement Program) (bank qualified) (book entry).

Dated Sep 1, 2010.

Due Sep 30, 2011.

Purchased $2,000,000.00 by Piper Jaffray, at 1.0%, plus $8,080.00, effective rate 0.6225%.

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

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

Other bidders were:

Northland Securities, Effective Rate 0.7594%

Westonka Independent School District No. 277

Aug 16, 2010 . . . . . . $3,000,000

General Obligation Aid Anticipation Certificates of Indebtedness, Series 2010A (MN School District Credit Enhancement Program) (bank qualified) (book entry).

Dated Aug 30, 2010.

Due Sep 30, 2011.

Purchased $3,000,000.00 by Piper Jaffray, at 1.0%, plus $12,180.00, effective rate 0.6252%.

L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.

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

Other bidders were:

Wells Fargo Secs, Effective Rate 0.6271%

M&I Marshall, Effective Rate 0.6388%

Northland Securities, Effective Rate 0.6435%

Oppenheimer, Effective Rate 1.3523%

WISCONSIN

Cudahy (City)

Aug 16, 2010 . . . . . . $4,140,000

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

Dated Sep 9, 2010.

Due Nov 1, 2011 to 2019.

Callable Nov 1, 2017 at par.

Winning bid: Morgan Keegan, at 101.7757, TIC 1.8457%.

Due Amount Cpn Yield Conc Ins
11/1/11 $35,000 2.00% NRO NRO
11/1/12 $550,000 2.00% NRO NRO
11/1/13 $540,000 2.00% NRO NRO
11/1/14 $530,000 2.00% NRO NRO
11/1/15 $520,000 2.25% NRO NRO
11/1/16 $510,000 2.25% NRO NRO
11/1/17 $495,000 2.25% NRO NRO
11/1/18 $485,000 2.25% NRO NRO
11/1/19 $475,000 2.25% NRO NRO

L.O.: Whyte Hirschboeck Dudek S.C., Milwaukee, WI.

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

Other bidders were:

Robert W. Baird, TIC 1.8881%

JPMorgan, TIC 1.9252%

M&I Marshall, TIC 1.9287%

Wells Fargo Secs, TIC 1.9394%

UMB Bank, TIC 1.9592%

BMO Capital Markets, TIC 2.0583%

Bernardi Securities, TIC 2.2705%

Elkhorn (City)

Aug 16, 2010 . . . . . . $5,350,000

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

Dated Sep 9, 2010.

Due Dec 1, 2011 to Jun 1, 2020.

Callable Dec 1, 2017 at par.

Winning bid: Morgan Keegan, at 102.0045, TIC 1.946%.

Due Amount Cpn Yield Conc Ins
12/1/11 $580,000 2.00% NRO NRO
12/1/12 $755,000 2.00% NRO NRO
12/1/13 $520,000 2.00% NRO NRO
12/1/14 $520,000 2.00% NRO NRO
12/1/15 $520,000 2.00% NRO NRO
12/1/16 $495,000 2.50% NRO NRO
12/1/17 $465,000 2.50% NRO NRO
12/1/18 $490,000 2.50% NRO NRO
12/1/19 $470,000 2.50% NRO NRO
6/1/20 $535,000 2.50% NRO NRO

L.O.: Quarles & Brady, Milwaukee, WI.

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

Other bidders were:

M&I Marshall, TIC 1.9662%

Robert W. Baird, TIC 2.0354%

UMB Bank, TIC 2.0687%

JPMorgan, TIC 2.1179%

BMO Capital Markets, TIC 2.1977%

Bankers' Bank, TIC 2.2852%

TAXABLE ISSUES

ILLINOIS

Addison Village

Aug 16, 2010 . . . . . . $3,500,000

Taxable General Obligation Bonds, Series 2010 (book entry).

Dated Sep 1, 2010.

Due Dec 15, 2011 to 2030.

Callable Dec 15, 2017 at par.

Winning bid: Robert W. Baird, at n/a, TIC 4.5562%.

Due Amount Cpn Yield Conc Ins
12/15/11 $60,000 0.90% NRO NRO
12/15/12 $125,000 1.10% 1.10%
12/15/13 $125,000 1.50% 1.50%
12/15/15 $265,000 2.05% 2.05%
12/15/17 $285,000 2.65% 2.65%
12/15/18 $150,000 3.05% 3.05%
12/15/19 $155,000 3.40% 3.40%
12/15/20 $160,000 3.65% 3.65%
12/15/22 $350,000 4.05% 4.05%
12/15/26 $815,000 4.75% 4.75%
12/15/30 $1,010,000 5.30% 5.30%

Other managers: Coastal Securities Corp., CL King & Associates, Duncan-Williams, Inc., Kildare Capital, Inc., Loop Capital Markets, LLC, SAMCO Capital Markets, Crews & Associates, Inc., FTN Financial Capital Markets, Cronin & Co., Inc., Edward D. Jones & Co., Jackson Securities Inc., Wedbush Securities.

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

F.A.: Speer Financial, Inc., Chicago, IL.

Other bidders were:

Morgan Keegan, TIC 4.6068%

Wells Fargo Advisors, TIC 4.7322%

Sterne Agee, TIC 4.8274%

BMO Capital Markets, TIC 4.8746%

Evanston (City)

Aug 16, 2010 . . . . . . $8,000,000

Taxable General Obligation Bonds, Series 2010B (book entry).

Dated Aug 15, 2010.

Due Dec 1, 2011 to 2019.

Callable Dec 1, 2017 at par.

Winning bid: Robert W. Baird, at 99.6259, TIC 2.6122%.

Due Amount Cpn Yield Conc Ins
12/1/11 $695,000 1.00% S.B. S.B.
12/1/12 $735,000 1.00% 1.00%
12/1/13 $775,000 1.40% 1.40%
12/1/14 $820,000 1.85% 1.85%
12/1/15 $870,000 2.10% 2.10%
12/1/16 $925,000 2.50% 2.50%
12/1/17 $990,000 2.65% 2.65%
12/1/18 $1,055,000 2.95% 2.95%
12/1/19 $1,135,000 3.30% 3.30%

Other managers: Coastal Securities Corp., CL King & Associates, Duncan-Williams, Inc., Kildare Capital, Inc., Loop Capital Markets, LLC, SAMCO Capital Markets, Crews & Associates, Inc., FTN Financial Capital Markets, Cronin & Co., Inc., Edward D. Jones & Co., Jackson Securities Inc., Wedbush Securities.

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

F.A.: Public Financial Management, Inc., Milwaukee, WI; and Kathy Thomas Consulting, Chicago, IL.

Other bidders were:

Piper Jaffray, TIC 2.6768%

M&I Marshall, TIC 2.6961%

Morgan Keegan, TIC 2.7029%

Stifel Nicolaus, TIC 2.718%

Hutchinson Shockey, TIC 2.7301%

Mesirow Financial, TIC 2.8426%

Vining-Sparks IBG, TIC 2.9396%

BMO Capital Markets, TIC 2.9567%

MINNESOTA

Maple Grove (City)

Aug 16, 2010 . . . . . . $3,425,000

General Obligation Road Reconstruction Bonds, Series 2010A (Taxable Build America Bonds - Direct Pay) (book entry).

Dated Sep 14, 2010.

Due Feb 1, 2013 to 2032.

Callable Feb 1, 2020 at par.

Winning bid: Robert W. Baird, at n/a, TIC 2.8581%.

Due Amount Cpn Yield Conc Ins
2/1/13 $135,000 1.15% 1.15%
2/1/14 $135,000 1.55% 1.55%
2/1/15 $140,000 1.80% 1.80%
2/1/16 $140,000 2.20% 2.20%
2/1/17 $145,000 2.50% 2.50%
2/1/18 $145,000 2.75% 2.75%
2/1/19 $150,000 3.15% 3.15%
2/1/20 $155,000 3.35% 3.35%
2/1/22 $325,000 3.75% 3.75%
2/1/24 $345,000 4.15% 4.15%
2/1/26 $365,000 4.45% 4.45%
2/1/28 $385,000 4.70% 4.70%
2/1/30 $415,000 4.90% 4.90%
2/1/32 $445,000 5.00% 5.00%

Other managers: Davenport & Company LLC, Coastal Securities Corp., CL King & Associates, Kildare Capital, Inc., Loop Capital Markets, LLC, SAMCO Capital Markets, Crews & Associates, Inc., FTN Financial Capital Markets, Edward D. Jones & Co., Duncan-Williams, Inc., Jackson Securities Inc., Wedbush Securities.

L.O.: Faegre & Benson, Minneapolis, MN.

F.A.: Springsted Incorporated, St. Paul, MN.

Other bidders were:

United Banker's Bk, TIC 2.9352%

Northland Securities, TIC 2.9642%

Morgan Keegan, TIC 3.0369%

Cronin, TIC 3.0629%

Sterne Agee, TIC 3.0818%

WISCONSIN

Pleasant Prairie Village

Aug 16, 2010 . . . . . . $1,890,000

Taxable General Obligation Qualified Energy Conservation Bonds (Direct Payment) (book entry).

Dated Sep 2, 2010.

Due Apr 1, 2025 to 2027.

Non-callable.

Winning bid: Robert W. Baird, at 99.0000, TIC 4.8029%.

Due Amount Cpn Yield Conc Ins
4/1/25 $600,000 4.55% 4.55%
4/1/26 $600,000 4.70% 4.70%
4/1/27 $690,000 4.85% 4.85%

Other managers: CL King & Associates, Loop Capital Markets, LLC, Davenport & Company LLC, Kildare Capital, Inc., Isaak Bond Investments, Inc., SAMCO Capital Markets, Jackson Securities Inc., Wedbush Securities, FTN Financial Capital Markets.

L.O.: Quarles & Brady, Milwaukee, WI.

F.A.: Piper Jaffray & Company, Milwaukee, WI.

Other bidders were:

Morgan Keegan, TIC 4.8213%

Northland Securities, TIC 5.0002%

M&I Marshall, TIC 5.0505%

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