Results of Competitive Sales

KENTUCKY

Knox County School District Finance Corporation

Feb 27, 2009 . . . . . . $1,515,000

School Building Refunding Revenue Bonds Series of 2009 (bank qualified) (book entry).

Dated Mar 1, 2009.

Due Feb 1, 2010 to 2019.

Non-callable.

Winning bid: Ross Sinclaire, at 99.0000, NIC 3.4993%.

Due Amount Cpn Yield Conc Ins
2/1/10 $150,000 2.00% NRO NRO
2/1/11 $175,000 2.20% NRO NRO
2/1/12 $180,000 2.50% NRO NRO
2/1/13 $175,000 3.00% NRO NRO
2/1/14 $190,000 3.00% 3.00%
2/1/15 $115,000 3.15% 3.15%
2/1/16 $110,000 3.50% 3.30%
2/1/18 $120,000 3.60% NRO NRO
2/1/19 $300,000 3.70% NRO NRO

L.O.: Reed & Johnson, Louisville, KY.

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

Other bidders were:

Morgan Keegan, NIC 3.6784%

Morgan Stanley, NIC 3.9021%

NEW JERSEY

Glen Ridge Borough

Feb 27, 2009 . . . . . . $1,500,000

Tax Anticipation Note (bank qualified).

Dated Mar 5, 2009.

Due Mar 4, 2010.

Purchased $1,500,000.00 by TD Securities, at 2.47%, effective rate 2.47%.

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

F.A.: Municipal Official(s).

Other bidders were:

Janney Montgomery, Effective Rate 3.4328%

Haddonfield Borough Board of Education

Feb 27, 2009 . . . . . . $2,500,000

Temporary Notes of 2009, Series A (bank qualified).

Dated Mar 3, 2009.

Due Mar 2, 2010.

Purchased $2,500,000.00 by TD Securities, at 3.0%, plus $13,100.00, effective rate 2.4745%.

L.O.: Parker, McCay & Criscuolo, Marlton, NJ.

F.A.: Municipal Official(s).

Other bidders were:

TD Bank, N.A., Effective Rate 2.48%

First Colonial, Effective Rate 2.95%

Pennsville Natl Bk, Effective Rate 3.23%

Janney Montgomery, Effective Rate 3.8549%

Fulton Financial, Effective Rate 3.95%

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Competitive sales results
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