MICHIGAN

Forest Park School District

Sep 22, 2008 . . . . . . $775,000

2008 School Building and Site Bonds (General Obligation Unlimited Tax) (bank qualified).

Dated Oct 1, 2008.

Due May 1, 2010 to 2018.

Non-callable.

Winning bid: First Natl Bk, at n/a, TIC 4.1566%.

Due Amount Cpn Yield Conc Ins
5/1/10 $50,000 3.25% NRO NRO
5/1/11 $55,000 3.50% NRO NRO
5/1/12 $60,000 3.75% NRO NRO
5/1/13 $70,000 3.75% NRO NRO
5/1/14 $95,000 3.75% NRO NRO
5/1/15 $105,000 4.00% NRO NRO
5/1/16 $110,000 4.25% NRO NRO
5/1/17 $115,000 4.25% NRO NRO
5/1/18 $115,000 4.50% NRO NRO

L.O.: Clark Hill P.L.C., Grand Rapids, MI.

F.A.: Stauder, Barch & Associates, Inc., Ann Arbor, MI.

Other bidders were:

Comerica Securities, TIC 4.9997%

Ubly Community Schools

Sep 22, 2008 . . . . . . $2,020,000

2008 School Building and Site Bonds (General Obligation - Unlimited Tax) (bank qualified) (book entry).

Dated Oct 1, 2008.

Due May 1, 2009 to 2023.

Callable May 1, 2018 at par.

Winning bid: Robert W. Baird, at 98.5000, TIC 4.5959%.

Due Amount Cpn Yield Conc Ins
5/1/09 $65,000 3.75% 2.60%
5/1/10 $85,000 3.75% 2.85%
5/1/11 $95,000 3.75% 3.10%
5/1/12 $105,000 4.00% 3.30%
5/1/13 $115,000 4.00% 3.50%
5/1/14 $125,000 4.25% 3.70%
5/1/15 $130,000 4.25% 3.90%
5/1/16 $135,000 4.375% 4.05%
5/1/17 $140,000 4.375% 4.20%
5/1/18 $150,000 4.375% 4.375%
5/1/20 $325,000 4.40% NRO NRO
5/1/23 $550,000 4.50% NRO NRO

Other managers: Duncan-Williams, Inc., NatCity Investments, Inc., Ross, Sinclaire & Associates, Inc..

L.O.: Thrun Law Firm, P.C., East Lansing, MI.

F.A.: Stauder, Barch & Associates, Inc., Ann Arbor, MI.

Other bidders were:

Bernardi Securities, TIC 4.747%

Fifth Third Sec, TIC 4.7731%

MINNESOTA

Maple Lake (City)

Sep 16, 2008 . . . . . . $1,275,000

General Obligation (bank qualified) (book entry).

Dated Oct 1, 2008.

Due Apr 1, 2011 to 2025.

Non-callable.

Winning bid: United Banker's Bk, at n/a, NIC 4.4429%.

Due Amount Cpn Yield Conc Ins
4/1/13 $175,000 3.15% 3.15%
4/1/15 $135,000 3.50% 3.50%
4/1/17 $155,000 3.90% 3.90%
4/1/19 $175,000 4.15% 4.15%
4/1/21 $195,000 4.35% 4.35%
4/1/23 $215,000 4.55% 4.55%
4/1/25 $225,000 4.70% 4.70%

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

F.A.: John W. Meyer PH.D, Avon, MN.

Other bidders were:

Bernardi Securities, NIC 4.5705%

Robbinsdale Independent School District No. 281

Sep 22, 2008 . . . . . . $9,285,000

General Obligation Alternative Facility Bonds, Series 2008B (MN SD Credit Enhancement Program) (book entry).

Dated Oct 15, 2008.

Due Feb 1, 2010 to 2029.

Callable Feb 1, 2018 at par.

Winning bid: Hutchinson Shockey, at 98.7267, TIC 4.7285%.

Due Amount Cpn Yield Conc Ins
2/1/10 $220,000 4.00% 2.30%
2/1/11 $340,000 4.00% 2.55%
2/1/12 $345,000 4.00% 2.90%
2/1/13 $355,000 4.00% 3.10%
2/1/14 $370,000 4.00% 3.33%
2/1/15 $380,000 4.00% 3.55%
2/1/16 $395,000 4.00% 3.70%
2/1/17 $410,000 4.00% 3.90%
2/1/18 $425,000 4.00% 4.00%
2/1/19 $440,000 4.10% 4.20%
2/1/21 $935,000 4.50% 4.60%
2/1/23 $1,020,000 4.60% NRO NRO
2/1/25 $1,110,000 4.75% NRO NRO
2/1/27 $1,210,000 4.75% NRO NRO
2/1/29 $1,330,000 5.00% NRO NRO

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

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

Other bidders were:

Cronin & Co., TIC 4.9209%

Robert W. Baird, TIC 4.9209%

TEXAS

Houston Independent School District

Sep 11, 2008 . . . . . . $14,500,000

Public Property Finance Contractual Obligations, Series 2008 (book entry).

Dated Oct 1, 2008.

Due Jul 15, 2010 to 2012.

Non-callable.

Winning bid: DEPFA First Albany, at 102.4539, TIC 2.5477%.

Due Amount Cpn Yield Conc Ins
7/15/10 $4,640,000 3.00% 2.12%
7/15/11 $4,830,000 3.00% 2.42%
7/15/12 $5,030,000 4.00% NRO NRO

L.O.: Andrews Kurth LLP, Houston, TX; Burney & Foreman, Houston, TX; and State Attorney General.

F.A.: First Southwest Company, Houston, TX; and Rice Financial Products Company, Houston, TX.

Other bidders were:

Southwest Securities, TIC 2.5664%

Banc of America, TIC 2.5787%

Hutchinson Shockey, TIC 2.5887%

Piper Jaffray, TIC 2.5985%

Coastal Securities, TIC 2.6019%

Morgan Keegan, TIC 2.6049%

Raymond James, TIC 2.9392%

WISCONSIN

Cambridge School District

Sep 22, 2008 . . . . . . $1,700,000

Tax and Revenue Anticipation Promissory Notes (bank qualified) (book entry).

Dated Oct 2, 2008.

Due Oct 1, 2009.

Purchased $1,700,000.00 by Bankers' Bank, at 2.44%, effective rate 2.44%.

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

F.A.: Wisconsin Public Finance Professional, LLC, New Berlin, WI.

Other bidders were:

M & I Bank, Effective Rate 3.0347%

Cambridge St Bk, Effective Rate 3.63%

Robert W. Baird, Effective Rate 3.7984%

Pulaski Community School District

Sep 17, 2008 . . . . . . $4,100,000

Tax and Revenue Anticipation Promissory Notes (bank qualified) (book entry).

Dated Sep 24, 2008.

Due Sep 15, 2009.

Purchased $4,100,000.00 by Robert W. Baird, at 2.75%, effective rate 2.75%.

L.O.: Godfrey & Kahn, Milwaukee, WI.

TAXABLE ISSUES

MINNESOTA

Mountain Iron-Buhl Independent School District No. 712

Sep 22, 2008 . . . . . . $1,600,000

General Obligation Taxable OPEB Bonds, Series 2008A (Minnesota School District Credit Enhancement Program) (book entry).

Dated Oct 15, 2008.

Due Feb 1, 2010 to 2029.

Callable Feb 1, 2019 at par.

Winning bid: Bernardi Securities, at 98.7000, TIC 6.7382%.

Due Amount Cpn Yield Conc Ins
2/1/11 $70,000 5.00% NRO NRO
2/1/13 $105,000 5.50% NRO NRO
2/1/15 $115,000 6.00% NRO NRO
2/1/17 $125,000 6.10% NRO NRO
2/1/19 $145,000 6.30% NRO NRO
2/1/21 $160,000 6.50% NRO NRO
2/1/23 $180,000 6.60% NRO NRO
2/1/25 $205,000 6.70% NRO NRO
2/1/29 $495,000 6.85% NRO NRO

Other managers: Northland Securities, Inc..

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

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

Other bidders were:

Cronin & Co., TIC 6.8118%

Morgan Keegan, TIC 7.3576%

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