MASSACHUSETTS

Lawrence (City)

Dec 21, 2010 . . . . . . $3,362,450

State Qualified General Obligation Deficit Financing Bond Anticipation Notes.

Dated Dec 28, 2010.

Due Dec 1, 2011.

Purchased $3,362,450.00 by Janney Montgomery, at 1.5%, plus n/a, effective rate n/a.

L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.

F.A.: FirstSouthwest, Boston, MA.

Other bidders were:

TD Securities, Effective Rate 0.9368%

FirstSouthwest, Effective Rate 1.2776%

Eastern Bank, Effective Rate 1.2776%

Malden (City)

Dec 21, 2010 . . . . . . $5,328,625

General Obligation Bond Anticipation Notes (New Money).

Dated Dec 30, 2010.

Due Dec 16, 2011.

Purchased $5,328,630.00 by TD Securities, at 1.0%, plus $20,194.48, effective rate 0.6057%.

L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.

F.A.: FirstSouthwest, Boston, MA.

Other bidders were:

FirstSouthwest, Effective Rate 0.6133%

Eastern Bank, Effective Rate 0.7457%

Janney Montgomery, Effective Rate 1.1098%

MINNESOTA

Glencoe (City)

Dec 20, 2010 . . . . . . $500,000

General Obligation Capital Improvement Plan Refunding Bonds, Series 2011B (bank qualified) (book entry).

Dated Jan 1, 2011.

Due Dec 1, 2011 to 2019.

Non-callable.

Winning bid: UMB Bank, at 98.8742, TIC 2.5139%.

Due Amount Cpn Yield Conc Ins
12/1/13 $150,000 1.10% NRO NRO
12/1/15 $105,000 1.70% NRO NRO
12/1/17 $115,000 2.30% NRO NRO
12/1/19 $130,000 2.85% NRO NRO

L.O.: Kennedy & Graven, Minneapolis, MN.

F.A.: Northland Securities, Inc., Minneapolis, MN.

Other bidders were:

Northland Securities, TIC 2.5733%

United Banker's Bk, TIC 2.8758%

Cronin, TIC 2.9823%

Bernardi Securities, TIC 3.0883%

Glencoe (City)

Dec 20, 2010 . . . . . . $4,020,000

General Obligation Refunding Bonds, Series 2011A (bank qualified) (book entry).

Dated Jan 1, 2011.

Due Dec 1, 2011 to 2022.

Non-callable.

Winning bid: UMB Bank, at 99.2720, TIC 1.9695%.

Due Amount Cpn Yield Conc Ins
12/1/11 $800,000 0.55% NRO NRO
12/1/12 $800,000 0.85% NRO NRO
12/1/13 $725,000 1.10% NRO NRO
12/1/14 $640,000 1.45% NRO NRO
12/1/15 $260,000 1.75% NRO NRO
12/1/16 $275,000 2.05% NRO NRO
12/1/17 $280,000 2.30% NRO NRO
12/1/18 $100,000 2.50% NRO NRO
12/1/22 $140,000 3.45% NRO NRO

L.O.: Kennedy & Graven, Minneapolis, MN.

F.A.: Northland Securities, Inc., Minneapolis, MN.

Other bidders were:

Northland Securities, TIC 1.9729%

United Banker's Bk, TIC 1.9936%

Robert W. Baird, TIC 2.0883%

Cronin, TIC 2.2056%

Morgan Keegan, TIC 2.2057%

Piper Jaffray, TIC 2.3145%

M&I Marshall, TIC 2.3319%

UBS Financial Svcs, TIC 2.374%

NEW JERSEY

East Brunswick Township

Dec 21, 2010 . . . . . . $28,390,000

Bond Anticipation Notes (book entry).

Dated Jan 6, 2011.

Due Jan 6, 2012.

Purchased $28,390,000.00 by Beneficial Bk, at 2.0%, plus $377,870.90, effective rate 0.669%.

L.O.: DeCotiis, FitzPatrick, Cole & Wisler, LLP, Teaneck, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Janney Montgomery, Effective Rate 0.749%

TD Securities, Effective Rate 0.787%

Jefferies, Effective Rate 0.7907%

Mount Arlington Borough

Dec 21, 2010 . . . . . . $494,000

Bond Anticipation Notes (bank qualified).

Dated Dec 29, 2010.

Due Dec 28, 2011.

Purchased $494,000.00 by Oppenheimer, at 2.25%, plus $150.00, effective rate 2.2196%.

L.O.: Law Offices of John G. Hudak, Esq., LLC, Linden, NJ.

F.A.: Municipal Official(s).

Other bidders were:

PNC Bank, Effective Rate 2.39%

Union Beach Borough

Dec 21, 2010 . . . . . . $1,750,000

Tax Anticipation Notes (bank qualified).

Dated Dec 29, 2010.

Due Jul 28, 2011.

Purchased $1,750,000.00 by Janney Montgomery, at 2.125%, plus n/a, effective rate n/a.

L.O.: Gibbons P.C., Newark, NJ.

F.A.: Municipal Official(s).

Vernon Township

Dec 21, 2010 . . . . . . $13,395,000

General Bonds of 2011 (book entry).

Dated Jan 6, 2011.

Due Jan 1, 2012 to 2026.

Callable Jan 1, 2021 at par.

Winning bid: UBS Financial Svcs, at 100.0074, NIC 3.9632%.

Due Amount Cpn Yield Conc Ins
1/1/12 $595,000 3.00% NRO NRO
1/1/13 $640,000 3.00% NRO NRO
1/1/14 $680,000 3.00% NRO NRO
1/1/15 $720,000 3.00% NRO NRO
1/1/16 $765,000 3.00% NRO NRO
1/1/17 $810,000 3.25% NRO NRO
1/1/18 $850,000 3.25% NRO NRO
1/1/19 $890,000 3.50% NRO NRO
1/1/20 $935,000 3.50% NRO NRO
1/1/21 $980,000 4.00% NRO NRO
1/1/22 $1,020,000 4.00% NRO NRO
1/1/23 $1,065,000 4.125% NRO NRO
1/1/24 $1,105,000 4.25% NRO NRO
1/1/25 $1,150,000 4.50% NRO NRO
1/1/26 $1,190,000 4.50% NRO NRO

Other managers: Roosevelt & Cross, Inc., Fidelity Capital Markets, CL King & Associates, Stifel, Nicolaus & Co., Inc., Wells Fargo Advisors, Bank of New York Mellon Capital Markets, LLC, Citigroup Global Markets, Inc..

In association with: Wiley Bros.-Aintree Capital LLC.

L.O.: Hawkins, Delafield & Wood, Newark, NJ.

F.A.: Nisivoccia & Company LLP, Mt Arlington, NJ; and Benecke Economics, Moonachie, NJ.

Other bidders were:

Janney Montgomery, NIC 4.1109%

Morgan Stanley, NIC 4.1408%

NEW YORK

Schenectady County

Dec 21, 2010 . . . . . . $1,939,419

Various Purposes Serial Bonds, Series 2010B Bonds) (bank qualified) (book entry).

Dated Dec 30, 2010.

Due Dec 15, 2012 to 2019.

Non-callable.

Winning bid: Morgan Keegan, at 107.0508, TIC 1.8529%.

Due Amount Cpn Yield Conc Ins
12/15/12 $389,419 4.00% NRO NRO
12/15/13 $400,000 4.00% NRO NRO
12/15/14 $400,000 4.00% NRO NRO
12/15/15 $450,000 4.00% NRO NRO
12/15/16 $75,000 2.50% NRO NRO
12/15/17 $75,000 2.50% NRO NRO
12/15/18 $75,000 2.75% NRO NRO
12/15/19 $75,000 3.00% NRO NRO

L.O.: Hodgson, Russ LLP, Albany, NY.

F.A.: Munistat Services, Inc., Port Jefferson, NY.

Other bidders were:

Roosevelt & Cross, TIC 1.9952%

Incapital, TIC 2.0342%

M&I Marshall, TIC 2.2764%

PENNSYLVANIA

Allegheny County

Dec 21, 2010 . . . . . . $50,000,000

Tax and Revenue Anticipation Notes, Series of 2011 (book entry).

Dated Jan 4, 2011.

Due Apr 5, 2011.

Purchased $50,000,000.00 by Boenning&Scattergood, at 1.0%, plus $76,000.00, effective rate 0.3983%.

L.O.: R. Darryl Ponton & Associates, Pittsburgh, PA.

F.A.: Public Financial Management, Inc., Philadelphia, PA.

Other bidders were:

Citigroup, Effective Rate 0.4418%

RBC Capital Mkts, Effective Rate 0.4418%

TD Securities, Effective Rate 0.4438%

JPMorgan, Effective Rate 0.4458%

Janney Montgomery, Effective Rate 0.4497%

PNC Capital Markets, Effective Rate 0.4537%

Piper Jaffray, Effective Rate 0.4557%

Morgan Stanley, Effective Rate 0.4616%

Oppenheimer, Effective Rate 0.4695%

Jefferies, Effective Rate 0.4735%

Stroud Township Sewer Authority

Dec 21, 2010 . . . . . . $5,995,000

Guaranteed Sewer Revenue Bonds, Series of 2011 (bank qualified) (book entry).

Dated Jan 25, 2011.

Due Nov 15, 2012 to 2026.

Callable May 15, 2016 at par.

Winning bid: BNY Mellon Cap Mkts, at n/a, TIC 4.4556%.

Due Amount Cpn Yield Conc Ins
11/15/12 $5,000 2.00% NRO NRO AGM
11/15/13 $5,000 2.00% NRO NRO AGM
11/15/14 $45,000 2.00% NRO NRO AGM
11/15/15 $35,000 2.50% NRO NRO AGM
11/15/16 $35,000 2.25% NRO NRO AGM
11/15/17 $30,000 2.65% NRO NRO AGM
11/15/22 $360,000 3.80% NRO NRO AGM
11/15/23 $1,325,000 4.05% NRO NRO AGM
11/15/24 $1,575,000 4.20% NRO NRO AGM
11/15/25 $1,640,000 4.35% NRO NRO AGM
11/15/26 $940,000 4.45% NRO NRO AGM

L.O.: Mette, Evans & Woodside, Harrisburg, PA.

F.A.: Concord Public Financial Advisors, Inc., Lancaster, PA.

Other bidders were:

Janney Montgomery, TIC 4.5627%

UBS Financial Svcs, TIC 4.827%

Robert W. Baird, TIC 5.0636%

TAXABLE ISSUES

MINNESOTA

Carlton County

Dec 21, 2010 . . . . . . $4,750,000

Taxable General Obligation Capital Improvement Bonds, Series 2010B (Recovery Zone Economic Development Bonds) (County Credit Enhancement Program) (book entry).

Dated Dec 29, 2010.

Due Feb 1, 2026 to 2030.

Callable Feb 1, 2020 at par.

Winning bid: United Banker's Bk, at n/a, TIC 3.11%.

Due Amount Cpn Yield Conc Ins
2/1/26 $900,000 5.25% 5.25%
2/1/27 $920,000 5.375% 5.375%
2/1/28 $950,000 5.50% 5.50%
2/1/29 $975,000 5.625% 5.625%
2/1/30 $1,005,000 5.75% 5.75%

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

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

Other bidders were:

Robert W. Baird, TIC 5.7042%

Stifel Nicolaus, TIC 5.8304%

BMO Capital Markets, TIC 5.8657%

M&I Marshall, TIC 6.0059%

Northland Securities, TIC 6.1948%

Carlton County

Dec 21, 2010 . . . . . . $5,000,000

Taxable General Obligation Capital Improvement Bonds, Series 2010A (Build America Bonds- Direct Payment) (County Credit Enhancement Program) (book entry).

Dated Dec 29, 2010.

Due Feb 1, 2012 to 2025.

Callable Feb 1, 2020 at par.

Winning bid: M&I Marshall, at n/a, TIC 3.0921%.

Due Amount Cpn Yield Conc Ins
2/1/12 $180,000 1.25% NRO NRO
2/1/13 $185,000 1.55% NRO NRO
2/1/14 $195,000 2.05% NRO NRO
2/1/15 $200,000 2.65% NRO NRO
2/1/16 $205,000 3.15% NRO NRO
2/1/17 $205,000 3.55% NRO NRO
2/1/18 $210,000 3.90% NRO NRO
2/1/19 $215,000 4.15% NRO NRO
2/1/20 $230,000 4.50% NRO NRO
2/1/21 $235,000 4.50% NRO NRO
2/1/22 $560,000 4.90% NRO NRO
2/1/23 $570,000 5.10% NRO NRO
2/1/24 $890,000 5.25% NRO NRO
2/1/25 $920,000 5.25% NRO NRO

Other managers: Sterne, Agee & Leach, Inc.

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

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

Other bidders were:

Robert W. Baird, TIC 3.1322%

BMO Capital Markets, TIC 3.1952%

Northland Securities, TIC 3.2784%

Piper Jaffray, TIC 3.4984%

NEW JERSEY

Burlington County

Dec 21, 2010 . . . . . . $15,629,000

General Obligation Bonds, Series 2010 (Taxable Recovery Zone Economic Development Bonds) (book entry).

Dated Dec 28, 2010.

Due Dec 15, 2011 to 2025.

Callable Dec 15, 2020 at par.

Winning bid: Ramirez, at 100.0000, NIC 4.7839%.

Due Amount Cpn Yield Conc Ins
12/15/11 $625,000 1.28% NRO NRO
12/15/12 $955,000 1.60% 1.35%
12/15/13 $965,000 2.20% NRO NRO
12/15/14 $975,000 2.78% 2.54%
12/15/15 $990,000 3.19% 2.94%
12/15/16 $1,005,000 3.75% 3.47%
12/15/17 $1,020,000 4.20% 3.92%
12/15/18 $1,040,000 4.38% 4.12%
12/15/19 $1,065,000 4.60% 4.37%
12/15/20 $1,085,000 4.79% NRO NRO
12/15/21 $1,115,000 5.04% NRO NRO
12/15/22 $1,145,000 5.30% 5.10%
12/15/23 $1,180,000 5.30% 5.30%
12/15/24 $1,215,000 5.50% 5.50%
12/15/25 $1,249,000 5.65% 5.65%

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

F.A.: Acacia Financial Group, Inc., Marlton, NJ.

Other bidders were:

Roosevelt & Cross, NIC 6.0823%

Wells Fargo Secs, NIC 6.1792%

NEW YORK

Schenectady County

Dec 21, 2010 . . . . . . $4,861,000

Various Purposes Serial Bonds, Series 2010A-2 (Taxable-Recovery Zone Economic Development Bonds) (book entry).

Dated Dec 30, 2010.

Due Dec 15, 2012 to 2025.

Non-callable.

Winning bid: Robert W. Baird, at n/a, TIC 2.0924%.

Due Amount Cpn Yield Conc Ins
12/15/12 $611,000 1.30% 1.25%
12/15/13 $770,000 1.85% 1.75%
12/15/14 $790,000 2.20% 2.05%
12/15/15 $790,000 2.95% 2.75%
12/15/16 $275,000 3.25% 3.05%
12/15/17 $250,000 3.75% 3.50%
12/15/18 $250,000 4.05% 3.80%
12/15/19 $250,000 4.45% 4.20%
12/15/20 $250,000 4.75% 4.50%
12/15/21 $125,000 5.10% 4.85%
12/15/22 $125,000 5.35% 5.10%
12/15/23 $125,000 5.50% 5.30%
12/15/24 $125,000 5.70% 5.50%
12/15/25 $125,000 5.90% 5.70%

Other managers: Coastal Securities Corp., Kildare Capital, Inc., Edward D. Jones & Co., Eastern Bank Capital Markets, Crews & Associates, Inc., Davenport & Company LLC, Vining-Sparks IBG, Limited Partnership, Jackson Securities Inc..

L.O.: Hodgson, Russ LLP, Albany, NY.

F.A.: Munistat Services, Inc., Port Jefferson, NY.

Other bidders were:

Incapital, TIC 2.6772%

Roosevelt & Cross, TIC 4.0316%

NORTH DAKOTA

Cavalier County

Dec 20, 2010 . . . . . . $800,000

Taxable General Obligation Highway Bonds, Series 2010 (Recovery Zone Economic Development Bonds) (book entry).

Dated Dec 30, 2010.

Due May 1, 2011 to 2015.

Non-callable.

Winning bid: UMB Bank, at 99.4000, TIC 2.4679%.

Due Amount Cpn Yield Conc Ins
5/1/11 $155,000 1.00% NRO NRO
5/1/12 $160,000 1.35% NRO NRO
5/1/13 $160,000 1.75% NRO NRO
5/1/14 $160,000 2.20% NRO NRO
5/1/15 $165,000 2.80% NRO NRO

L.O.: Arntson & Stewart, Fargo, ND.

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

Other bidders were:

M&I Marshall, TIC 2.5001%

Northland Securities, TIC 2.7282%

Dougherty, TIC 2.7469%

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