Results of Competitive Sales

INDIANA

Cumberland (Town)

Dec 10, 2009 . . . . . . $650,000

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

Dated Dec 22, 2009.

Due Jul 15, 2011 to Jan 15, 2025.

Callable Jul 15, 2017 at par.

Winning bid: J.J.B. Hilliard, at n/a, NIC 4.2936%.

Due Amount Cpn Yield Conc Ins
7/15/11 $15,000 2.00% 1.50%
7/15/12 $30,000 2.00% 2.00%
7/15/13 $40,000 2.50% 2.50%
7/15/14 $40,000 3.00% 3.00%
7/15/15 $40,000 3.25% 3.25%
7/15/16 $40,000 3.50% 3.50%
7/15/17 $40,000 3.75% 3.75%
7/15/18 $40,000 3.875% 3.875%
7/15/20 $100,000 4.00% 4.00%
7/15/22 $110,000 4.25% 4.25%
1/15/25 $155,000 4.50% 4.50%

L.O.: Bose McKinney & Evans LLP, Indianapolis, IN.

F.A.: Financial Solutions Group, Inc., Indianapolis, IN.

Other bidders were:

Ross Sinclaire, NIC 4.3345%

City Securities, NIC 4.4967%

Monticello (City)

Dec 17, 2009 . . . . . . $825,000

Waterworks Revenue Bonds of 2009 (bank qualified) (book entry).

Dated Dec 30, 2009.

Due Jan 1, 2022 to 2024.

Callable Jan 1, 2020 at par.

Winning bid: J.J.B. Hilliard, at n/a, NIC 5.215%.

Due Amount Cpn Yield Conc Ins
1/1/24 $825,000 5.10% 5.00%

L.O.: Ice Miller, Indianapolis, IN.

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

Monticello (City)

Dec 17, 2009 . . . . . . $2,050,000

Sewage Works Revenue Bonds of 2009 (bank qualified) (book entry).

Dated Dec 30, 2009.

Due May 1, 2019 to 2022.

Callable Nov 1, 2019 at par.

Winning bid: J.J.B. Hilliard, at n/a, NIC 4.75%.

Due Amount Cpn Yield Conc Ins
5/1/19 $475,000 4.50% 4.25%
5/1/20 $495,000 4.50% 4.50%
5/1/21 $525,000 4.625% 4.625%
5/1/22 $555,000 4.75% 4.75%

L.O.: Ice Miller, Indianapolis, IN.

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

Other bidders were:

City Securities, NIC 5.13%

Speedway (Town)

Dec 16, 2009 . . . . . . $750,000

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

Dated Dec 30, 2009.

Due Jul 15, 2010 to Jan 15, 2012.

Non-callable.

Winning bid: City Securities, at n/a, NIC 1.8333%.

Due Amount Cpn Yield Conc Ins
7/15/10 $185,000 0.70% 0.70%
1/15/11 $185,000 0.95% 0.95%
7/15/11 $190,000 1.20% 1.20%
1/15/12 $190,000 1.40% 1.40%

L.O.: Barnes & Thornburg LLP, Indianapolis, IN.

NEW JERSEY

Glassboro Borough

Dec 18, 2009 . . . . . . $3,725,000

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

Dated Dec 29, 2009.

Due Dec 28, 2010.

Purchased $3,725,000.00 by First Colonial, at 0.9389%, effective rate 0.9389%.

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

F.A.: Municipal Official(s).

Other bidders were:

Beneficial Bk, Effective Rate 1.0219%

Jefferies, Effective Rate 1.0848%

TD Securities, Effective Rate 1.1768%

National Park Borough

Dec 18, 2009 . . . . . . $138,000

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

Dated Dec 28, 2009.

Due Dec 27, 2010.

Purchased $138,000.00 by Fulton Financial, at 2.25%, effective rate 2.25%.

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

F.A.: Municipal Official(s).

Other bidders were:

First Elmer Inv Corp, Effective Rate 2.29%

Oppenheimer, Effective Rate 3.6497%

Seaside Park Borough

Dec 18, 2009 . . . . . . $2,849,475

$2,399,275 Water/Sewer Bond Anticipation Note and $450,200 Bond Anticipation Note (bank qualified).

Dated Dec 23, 2009.

Due Dec 15, 2010.

Purchased $2,849,480.00 by Oppenheimer, at 1.5%, plus $15,787.00, effective rate 0.9334%.

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

F.A.: Municipal Official(s).

Other bidders were:

Valley National Bank, Effective Rate 1.0%

Beneficial Bk, Effective Rate 1.0674%

NEW YORK

Cincinnatus Central School District

Dec 18, 2009 . . . . . . $172,000

Bond Anticipation Notes, 2010 (New Issue) (bank qualified).

Dated Jan 6, 2010.

Due Jan 6, 2011.

Purchased $172,000.00 by Oppenheimer, at 3.25%, plus $172.00, effective rate 3.15%.

L.O.: Hiscock & Barclay, LLP, Albany, NY.

F.A.: Bernard P. Donegan, Inc., Victor, NY.

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Competitive sales results
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