The following is a list of a few of the municipal bonds we currently have in inventory. Each bond is offered subject to prior sale and to a change in price. Bonds are offered by prospectus only. Contact us for a copy of Official Statement of bond(s) which interest you or for a complete listing of all bonds we currently offer.

Tax-Free* Offerings

Rating	Quantity	Description	Maturity Date	Coupon	Price	YTC/YTM
Aa3	25	TOPEKA KANS	8/15/2015	4.000	$106.91	1.500
NR		REF-SER A				2.620
AGM		REFUNDING BONDS
		FED & ST TAX-EXEMPT
		Callable 8/15/2012 @ 101
		890568HY7
NR	380	EDWARDS-KNOX N Y CENT SCH DIST#BQ#	2/1/2017	3.625	$103.02	2.500
A		SER A				3.130
Natl RE		REFUNDING NOTES
		FED BQ/ST TAX-EXEMPT
		Callable 2/1/2012 @ 101
		281776AV6
Aaa	50	KENT CNTY MICH BLDG AUTH	6/1/2017	4.000	$106.45	3.000
AAA		LTD TAX
		PUBLIC IMPS.
		FED & ST TAX-EXEMPT
		490303GZ1
Aa3	50	WEST ALLEGHENY PA SCH DIST#BQ#	9/1/2017	4.000	$104.85	2.000
AAA		REF-SER B				3.260
AGM		REFUNDING BONDS
		FED BQ/ST TAX-EXEMPT
		Callable 9/1/2012 @ 100
		951140UG5
Aa3	245	GENOA IL UTGO *BQ*	12/1/2017	3.650	$105.79	2.350
NR		PUBLIC IMPS' MSF CALL BEG 12/1/2015@100.00				2.810
AGM INSD		FED BQ/ST TAXABLE
		Sink Fund 12/1/2015 @ 100
		Callable 12/1/2014 @ 100
		372362CH4
A1	60	MARICOPA CNTY ARIZ SCH DIST NO 11 PEORIA UNI	7/1/2018	4.250	$105.59	3.100
AA-		SCH IMPT				3.470
AMBAC		SCHOOL IMPS.
		FED & ST TAX-EXEMPT
		Callable 7/1/2015 @ 100
		567090WR2
Aa2	25	CENTRAL N MEX CMNTY COLLEGE	8/15/2018	4.000	$105.20	2.750
AA+		UNIV. & COLLEGE IMPS.				3.290
		FED & ST TAX-EXEMPT
		Callable 8/15/2014 @ 100
		154625AM9
Aa3	50	UNIVERSITY KY UNIV REVS	5/1/2020	4.400	$104.17	3.000
NR		CONS EDL BLDGS-SER S				3.890
AMBAC		UNIV. & COLLEGE IMPS.
		FED & ST TAX-EXEMPT
		Callable 5/1/2013 @ 100
		914387UJ2
Aaa	315	NORTHBROOK IL UTGO	12/1/2020	4.250	$107.11	2.250
AAA		REFUNDING BONDS				3.451
		FED TAX-EXEMPT/ST TAXABLE
		Callable 12/1/2013 @ 100
		663821PB6
Aa3	80	COLLINSVILLE IL UTGO *TAXABLE*	12/15/2026	5.650	$103.15	5.200
NR		PUBLIC IMPS' MSF CALL BEG 12/15/25@100.00				5.360
ASSURED GTY		FED TAXABLE
		Sink Fund 12/15/2025 @ 100
		Callable 12/15/2018 @ 100
		195054JZ5

*Tax-Free Offerings are free from current Federal income taxes only. Income may be subject to alternative minimum tax.
AMBAC, MBIA, XLCA, FGIC and CIFG are on credit watch for possible downgrade.

Taxable Offerings

Rating	Quantity	Description	Maturity Date	Coupon	Price	YTC/YTM
Aa2	45	NORTH ST PAUL MAPLEWOOD MINN INDPT SCH DIST NO 622	2/1/2017	3.750	$100.61	3.650
AAA		BUILD AMERICA BONDS-ALT FAC-SE
		SCHOOL IMPS.
		FED TAXABLE/ST TAXABLE
		6621407U0