Results of Competitive Sales

INDIANA

LaPorte Municipal Airport Authority

Aug 8, 2013 . . . . . . $1,370,000

General Obligation Bonds, Series 2013 (bank qualified).

Dated Aug 21, 2013.

Due Jul 1, 2017 to Jan 1, 2033.

Callable Jan 1, 2022 at par.

Winning bid: Bankers' Bank, at n/a, NIC 3.777%.

Due Amount Cpn Yield Conc Ins
7/1/19 $170,000 2.00% 2.00%
1/1/22 $175,000 2.50% 2.50%
7/1/24 $195,000 3.00% 3.00%
1/1/27 $215,000 3.50% 3.50%
7/1/29 $235,000 4.00% 4.00%
7/1/31 $210,000 4.25% 4.25%
1/1/33 $170,000 4.50% 4.50%

Other managers: Horizon Bank.

L.O.: Shanahan & Shanahan LLP, Chicago, IL.

F.A.: Umbaugh LLP, Indianapolis, IN.

Other bidders were:

City Securities, NIC 4.398%

Ross Sinclaire, NIC 4.844%

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Competitive sales results
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