MINNESOTA

Barnesville (City)

Aug 8, 2011 . . . . . . $2,020,000

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

Dated Sep 1, 2011.

Due Sep 1, 2012.

Purchased $2,020,000.00 by Midwest Bank, at 0.5%, plus -$5,050.00, effective rate 0.7504%.

L.O.: Ohnstad Twichell, West Fargo, ND.

F.A.: Ehlers, Roseville, MN.

Other bidders were:

Piper Jaffray, Effective Rate 0.7986%

Oppenheimer, Effective Rate 1.4651%

Bremer Bank, Effective Rate 1.544%

Northland Securities, Effective Rate 2.2431%

Perham (City)

Aug 8, 2011 . . . . . . $990,000

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

Dated Sep 1, 2011.

Due Feb 1, 2013 to 2027.

Callable Feb 1, 2020 at par.

Winning bid: Northland Securities, at 99.2744, TIC 2.9709%.

Due Amount Cpn Yield Conc Ins
2/1/13 $55,000 2.00% 0.75%
2/1/14 $55,000 2.00% 1.00%
2/1/15 $60,000 2.00% 1.25%
2/1/16 $60,000 2.00% 1.50%
2/1/17 $60,000 2.00% 1.75%
2/1/19 $125,000 2.25% 2.25%
2/1/21 $130,000 2.60% 2.60%
2/1/23 $140,000 2.90% 2.90%
2/1/25 $150,000 3.20% 3.20%
2/1/27 $155,000 3.40% 3.40%

L.O.: Dorsey & Whitney, Minneapolis, MN.

F.A.: Ehlers, Roseville, MN.

Other bidders were:

UBS Financial Svcs, TIC 3.2637%

United Banker's Bk, TIC 3.3428%

Bremer Bank, TIC 3.3738%

Cronin, TIC 3.3968%

Royalton Independent School District No. 485

Aug 8, 2011 . . . . . . $2,330,000

General Obligation Aid Anticipation Certificates of Indebtedness, Series 2011A (Minnesota School District Credit Enhancement Program) (bank qualified) (book entry).

Dated Aug 24, 2011.

Due Sep 24, 2012.

Purchased $2,330,000.00 by Wells Fargo Secs, at 2.0%, plus $38,957.60, effective rate 0.4566%.

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

F.A.: Ehlers, Roseville, MN.

Other bidders were:

Jefferies & Company, Effective Rate 0.4957%

Piper Jaffray, Effective Rate 0.5431%

Oppenheimer, Effective Rate 1.0312%

NEW JERSEY

Southampton Township

Aug 8, 2011 . . . . . . $1,224,500

Bond Anticipation Notes of 2011, Series A (bank qualified).

Dated Aug 12, 2011.

Due Aug 11, 2012.

Purchased $1,224,500.00 by Colonial Bk, FSB, at 1.6%, effective rate 1.6%.

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

F.A.: Municipal Official(s).

Other bidders were:

Oppenheimer, Effective Rate 1.6122%

NEW YORK

Clinton Central School District

Aug 8, 2011 . . . . . . $185,000

School District (Serial) Bonds, 2011 (bank qualified).

Dated Aug 23, 2011.

Due Jun 15, 2013 to 2016.

Non-callable.

Winning bid: Bank of Greene Co, at n/a, NIC 1.9684%.

Due Amount Cpn Yield Conc Ins
6/15/13 $45,000 1.20% NRO NRO
6/15/14 $45,000 1.60% NRO NRO
6/15/15 $45,000 2.00% NRO NRO
6/15/16 $50,000 2.40% NRO NRO

L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.

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

Other bidders were:

Roosevelt & Cross, NIC 2.4234%

First Niagara Bank, NIC 2.5%

JPMorgan Chase, NIC 3.22%

NBT Bank, NIC 3.25%

TEXAS

La Grange (City)

Aug 8, 2011 . . . . . . $7,000,000

Combination Tax and Limited Revenue Certificates of Obligation, Series 2011 (bank qualified) (book entry).

Dated Aug 1, 2011.

Due Aug 15, 2012 to 2031.

Callable Aug 15, 2020 at par.

Winning bid: FirstSouthwest, at 100.0151, TIC 3.287%.

Due Amount Cpn Yield Conc Ins
8/15/12 $255,000 2.50% 0.45%
8/15/13 $270,000 2.50% 0.70%
8/15/14 $275,000 2.50% 1.00%
8/15/15 $280,000 2.50% 1.25%
8/15/16 $285,000 2.50% 1.50%
8/15/17 $290,000 2.50% 1.70%
8/15/18 $300,000 2.50% 2.10%
8/15/19 $310,000 2.50% 2.30%
8/15/20 $315,000 2.70% 2.50%
8/15/21 $330,000 3.00% 2.70%
8/15/22 $340,000 3.00% 3.00%
8/15/23 $355,000 3.15% 3.15%
8/15/24 $365,000 3.25% 3.30%
8/15/25 $380,000 3.35% 3.40%
8/15/27 $810,000 3.40% 3.50%
8/15/29 $880,000 3.60% 3.70%
8/15/31 $960,000 3.75% 3.875%

L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.

F.A.: Specialized Public Finance Inc., Austin, TX.

Other bidders were:

BOSC, TIC 3.2894%

Piper Jaffray, TIC 3.3249%

Baker Group, TIC 3.3372%

FTN Fin Cap Mkts, TIC 3.3598%

Robert W. Baird, TIC 3.4126%

Coastal Securities, TIC 3.4206%

JPMorgan, TIC 3.4518%

Southwest Securities, TIC 3.504%

Sterne Agee, TIC 3.6592%

Hutchinson Shockey, TIC 4.236%

Pearland (City)

Aug 8, 2011 . . . . . . $5,430,000

Permanent Improvement Bonds, Series 2011 (bank qualified) (book entry).

Dated Sep 1, 2011.

Due Mar 1, 2012 to 2036.

Callable Mar 1, 2020 at par.

Winning bid: BOSC, at 101.7098, NIC 3.7489%.

Due Amount Cpn Yield Conc Ins
3/1/12 $60,000 2.125% NRO NRO
3/1/13 $115,000 2.125% NRO NRO
3/1/14 $120,000 4.00% 0.80%
3/1/15 $130,000 4.00% 1.00%
3/1/16 $135,000 4.00% 1.30%
3/1/17 $145,000 4.00% 1.65%
3/1/18 $150,000 4.00% 2.00%
3/1/19 $160,000 4.00% 2.25%
3/1/20 $165,000 4.00% 2.50%
3/1/21 $175,000 4.00% 2.65%
3/1/22 $185,000 4.00% 2.80%
3/1/23 $195,000 3.00% 3.00%
3/1/24 $205,000 3.00% 3.15%
3/1/26 $440,000 3.25% 3.426%
3/1/28 $490,000 3.50% 3.65%
3/1/30 $545,000 4.00% 3.70%
3/1/32 $605,000 4.00% 3.90%
3/1/34 $670,000 4.00% 4.10%
3/1/36 $740,000 4.125% 4.25%

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

F.A.: RBC Capital Markets, Houston, TX.

Other bidders were:

FirstSouthwest, NIC 3.8277%

Morgan Keegan, NIC 3.9048%

Robert W. Baird, NIC 3.9213%

SAMCO Cap Mkts, NIC 3.9476%

UBS Financial Svcs, NIC 4.0116%

Morgan Stanley, NIC 4.0776%

Vining-Sparks IBG, NIC 4.0856%

Temple Independent School District

Aug 8, 2011 . . . . . . $55,000,000

Unlimited Tax School Building Bonds, Series 2011 (book entry).

Dated Aug 1, 2011.

Due Feb 1, 2014 to 2036.

Callable Feb 1, 2021 at par.

Winning bid: BofA Merrill Lynch, at n/a, TIC 3.9235%.

Due Amount Cpn Yield Conc Ins
2/1/14 $150,000 3.00% 0.52% PSF
2/1/15 $330,000 3.00% 0.69% PSF
2/1/16 $345,000 3.00% 0.99% PSF
2/1/17 $340,000 3.00% 1.36% PSF
2/1/18 $1,325,000 3.00% 1.72% PSF
2/1/19 $1,355,000 3.00% 2.08% PSF
2/1/20 $2,155,000 3.00% 2.36% PSF
2/1/21 $2,220,000 4.00% NRO NRO PSF
2/1/22 $2,295,000 4.00% NRO NRO PSF
2/1/23 $2,380,000 3.00% NRO NRO PSF
2/1/24 $2,465,000 4.00% NRO NRO PSF
2/1/25 $2,565,000 4.00% NRO NRO PSF
2/1/26 $2,670,000 3.50% NRO NRO PSF
2/1/27 $2,780,000 4.00% NRO NRO PSF
2/1/28 $2,895,000 3.75% NRO NRO PSF
2/1/29 $3,015,000 4.00% NRO NRO PSF
2/1/30 $3,155,000 4.00% NRO NRO PSF
2/1/31 $3,305,000 4.00% NRO NRO PSF
2/1/32 $3,475,000 4.00% NRO NRO PSF
2/1/33 $3,655,000 4.00% NRO NRO PSF
2/1/36 $12,125,000 4.25% NRO NRO PSF

L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.

F.A.: Specialized Public Finance Inc., Austin, TX.

Other bidders were:

RBC Capital Mkts, TIC 3.9706%

Piper Jaffray, TIC 4.0586%

JPMorgan, TIC 4.0642%

Robert W. Baird, TIC 4.0996%

Wells Fargo Secs, TIC 4.1527%

Raymond James, TIC 4.3138%

Hutchinson Shockey, TIC 4.5224%

WISCONSIN

Shorewood Village

Aug 8, 2011 . . . . . . $8,565,000

General Obligation Corporate Purpose Bonds, Series 2011A (book entry).

Dated Aug 25, 2011.

Due Mar 1, 2012 to 2026.

Callable Mar 1, 2019 at par.

Winning bid: JPMorgan, at 100.5086, TIC 2.8663%.

Due Amount Cpn Yield Conc Ins
3/1/12 $155,000 2.00% 0.45%
3/1/13 $540,000 2.00% 0.60%
3/1/14 $595,000 2.00% 0.76%
3/1/15 $630,000 2.00% 0.95%
3/1/16 $660,000 2.00% 1.27%
3/1/17 $685,000 2.25% 1.67%
3/1/18 $720,000 2.50% 2.02%
3/1/19 $580,000 3.00% 2.33%
3/1/20 $500,000 3.00% 2.66%
3/1/21 $500,000 3.00% 2.82%
3/1/22 $550,000 3.00% 3.00%
3/1/23 $575,000 3.125% 3.20%
3/1/24 $600,000 3.25% 3.36%
3/1/25 $625,000 3.375% 3.50%
3/1/26 $650,000 3.50% 3.60%

Other managers: UBS Financial Services, Inc., Citigroup Global Markets, Inc..

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

F.A.: Ehlers, Roseville, MN.

Other bidders were:

Robert W. Baird, TIC 2.9484%

Hutchinson Shockey, TIC 3.3516%

US Bancorp Invest, TIC 3.4383%

TAXABLE ISSUES

MINNESOTA

Grand Rapids Public Utilities Commission

Aug 8, 2011 . . . . . . $3,965,000

Taxable General Obligation Wastewater Revenue and Refunding Bonds, Series 2011A (book entry).

Dated Sep 1, 2011.

Due Dec 1, 2012 to 2021.

Non-callable.

Winning bid: Robert W. Baird, at 99.2500, TIC 2.8204%.

Due Amount Cpn Yield Conc Ins
12/1/12 $80,000 0.60% 0.60%
12/1/13 $380,000 0.85% 0.85%
12/1/14 $390,000 1.15% 1.15%
12/1/15 $400,000 1.55% 1.55%
12/1/16 $410,000 1.95% 1.95%
12/1/17 $430,000 2.45% 2.35%
12/1/18 $440,000 2.75% 2.65%
12/1/19 $455,000 3.10% 3.00%
12/1/20 $480,000 3.30% 3.30%
12/1/21 $500,000 3.50% 3.50%

Other managers: CL King & Associates, Coastal Securities Corp., Kildare Capital, Inc., Edward D. Jones & Co., Loop Capital Markets, LLC, Crews & Associates, Inc., Davenport & Company LLC, Cronin & Co., Inc., Jackson Securities Inc., Wedbush Securities Inc, Isaak Bond Investments, Inc., FTN Financial Capital Markets, Vining-Sparks IBG, Limited Partnership, Dougherty & Company LLC.

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

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

Other bidders were:

Northland Securities, TIC 2.9802%

United Banker's Bk, TIC 3.1998%

BMO Cap Mkts GKST, TIC 3.6705%

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