MASSACHUSETTS

Lowell Regional Transit Authority

Jul 29, 2011 . . . . . . $7,720,000

Revenue Anticipation Notes (bank qualified) (book entry).

Dated Aug 12, 2011.

Due Aug 10, 2012.

Purchased $7,720,000.00 by Eastern Bk Cap Mkts, at 1.5%, plus $34,721.81, effective rate 1.049%.

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

F.A.: Eastern Bank Municipal Finance, Boston, MA.

Other bidders were:

Oppenheimer, Effective Rate 1.5579%

MICHIGAN

Bay City School District

Jul 27, 2011 . . . . . . $8,000,000

State Aid Notes (bank qualified) (book entry).

Dated Aug 22, 2011.

Due Aug 20, 2012.

Purchased $8,000,000.00 by Chemical Bk & Tr, at 0.99%, effective rate 0.99%.

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

Other bidders were:

Comerica Securities, Effective Rate 1.35%

PNC Capital Markets, Effective Rate 1.39%

NEW YORK

Union-Endicott Central School District

Jul 28, 2011 . . . . . . $751,419

Bond Anticipation Notes, 2011 (Renewal) (bank qualified) (book entry).

Dated Aug 4, 2011.

Due Aug 3, 2012.

Purchased $751,420.00 by JPMorgan Chase, at 0.95%, effective rate 0.95%.

L.O.: Orrick, Herrington & Sutcliffe, New York, NY.

F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.

Other bidders were:

Roosevelt & Cross, Effective Rate 1.7843%

M & T Bank, Effective Rate 1.92%

Oppenheimer, Effective Rate 1.9626%

TEXAS

Montgomery County Municipal Utility District No. 15

Jul 27, 2011 . . . . . . $2,000,000

Unlimited Tax Bonds, Series 2011A (bank qualified) (book entry).

Dated Aug 1, 2011.

Due Mar 1, 2018 to 2037.

Callable Mar 1, 2018 at par.

Winning bid: GMS Group, at 97.0000, NIC 5.1864%.

Due Amount Cpn Yield Conc Ins
3/1/18 $50,000 4.00% 4.00%
3/1/19 $50,000 4.20% 4.20%
3/1/20 $50,000 4.30% 4.30%
3/1/21 $50,000 4.40% 4.40%
3/1/22 $75,000 4.50% 4.50%
3/1/23 $75,000 4.60% 4.60%
3/1/24 $75,000 4.70% 4.70%
3/1/25 $75,000 4.80% 4.80%
3/1/26 $75,000 4.90% 4.90%
3/1/29 $300,000 5.00% 5.00%
3/1/31 $200,000 5.10% 5.10%
3/1/34 $400,000 5.20% 5.20%
3/1/37 $525,000 5.10% 5.25%

L.O.: Young & Brooks, Houston, TX; and State Attorney General.

F.A.: GMS Group, L.L.C., Houston, TX.

Other bidders were:

FirstSouthwest, NIC 5.1918%

Sterne Agee, NIC 5.7251%

TAXABLE ISSUES

IOWA

Sioux Center (City)

Jul 28, 2011 . . . . . . $1,500,000

Taxable General Obligation Urban Renewal Bonds, Series 2011 (book entry).

Dated Aug 1, 2011.

Due Jun 1, 2012 to 2016.

Non-callable.

Winning bid: UMB Bank, at 101.5200, TIC 1.7222%.

Due Amount Cpn Yield Conc Ins
6/1/12 $325,000 1.25% NRO NRO
6/1/13 $325,000 1.50% NRO NRO
6/1/14 $325,000 2.25% NRO NRO
6/1/15 $260,000 2.25% NRO NRO
6/1/16 $265,000 3.00% NRO NRO

Other managers: First National Bank.

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.

F.A.: Piper Jaffray & Company, Des Moines, IA.

Other bidders were:

Hutchinson Shockey, TIC 1.8208%

United Banker's Bk, TIC 2.0747%

Northland Securities, TIC 3.4018%

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