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
A1	70	NEBRASKA PUB PWR DIST REVS	1/1/2012	5.000	$106.59	1.250
A		GEN-SER B
NATL-RE		REFUNDING BONDS
		FED & ST TAX-EXEMPT
		63968ADT9
Aa3	75	TAYLOR CNTY KY SCH DIST FIN CORP ENERGY CONSV REV	8/1/2012	3.700	$105.69	1.250
NR		SCHOOL IMPS.
		FED BQ/ST TAX-EXEMPT
		877031AK0
Aa3	50	JEA FLA ELEC SYS REV	10/1/2012	3.000	$104.22	1.300
A+		SUB-SER A
		ELEC. LT. & PWR. IMPTS.
		FED TAX-EXEMPT
		46613CRE7
Aa2	35	FORT WAYNE IND REDEV AUTH LEASE RENT REV	2/1/2014	5.000	$109.80	1.500
AA-		GRAND WAYNE CTR PJ				2.330
		REFUNDING BONDS
		FED & ST TAX-EXEMPT
		Callable 2/1/2013 @ 100
		349288AH3
NR	100	COLORADO WTR RES & PWR DEV AUTH WTR RES REV	12/1/2015	3.500	$107.50	2.100
AAA		FOUNTAINE COLO ELEC WTR-SER A
AGM		ELEC. LT. & PWR. IMPTS.
		FED & ST TAX-EXEMPT
		19679RLP3
A1	365	BYRON CENTER MICH PUB SCHS	5/1/2017	4.000	$105.19	2.900
AA-		REFUNDING BONDS				3.170
Natl-Re Insd		FED BQ/ST TAX-EXEMPT
		Callable 5/1/2015 @ 100
		124511HM1
Baa1	520	CLINTON CNTY MICH BLDG AUTH	5/1/2017	3.700	$103.77	2.900
AA		REFUNDING BONDS				3.100
Natl - Re insd		FED BQ/ST TAX-EXEMPT
		Callable 5/1/2015 @ 100
		187461DJ4
Aa3	245	GENOA IL UTGO *BQ*	12/1/2017	3.650	$105.07	2.500
NR		PUBLIC IMPS' MSF CALL BEG 12/1/2015@100.00				2.910
AGM INSD		FED BQ/ST TAXABLE
		Sink Fund 12/1/2015 @ 100
		Callable 12/1/2014 @ 100
		372362CH4
Aa3	605	WESTERN JACKSON CNTY MICH SCH DIST	5/1/2018	3.800	$103.57	2.600
NR		REFUNDING BONDS				3.295
Q-SBLF qualified		FED BQ/ST TAX-EXEMPT
		Callable 5/1/2013 @ 100
		958481BH5
WR	35	MET GOVT NASHVILLE & DAVIDSON CNTY TENN ELEC REV	5/15/2018	5.000	$108.79	2.750
AA+		SER A				3.740
		ELEC. LT. & PWR. IMPTS.
		FED & ST TAX-EXEMPT
		Callable 5/15/2014 @ 100
		592030VP2
A1	30	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	25	KILLEEN TEX	494134TW9	2/1/2019	4.000	$102.99
AA		CTFS OBLIG				2.350
		"PRT
		AIRPRT & MARINA IMPS"
		FED TAX-EXEMPT
		Callable 2/1/2012 @ 100
NR	20	PORTAGE MICH LTGO *BQ*	12/1/2019	3.500	$101.48	3.320
AA		REFUNDING BONDS
		FED BQ/ST TAX-EXEMPT
		7357635K6
Aaa	115	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	50	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
NR	200	COLLINSVILLE ILL AREA REC DIST	12/1/2030	4.900	$100.00	4.900
NR		REF-ALT REV SOURCE-SER A' REFUNDING BONDS
		FED BQ/ST TAXABLE
		Sink Fund 12/1/2028 @ 100
		Callable 12/1/2019 @ 100
		195063EF5
NR	1240	COLLINSVILLE ILL AREA REC DIST BQ	12/1/2035	5.000	$100.00	5.000
NR		REF-ALT REV SOURCE-SER A' REFUNDING BONDS
		FED BQ/ST TAXABLE
		Sink Fund 12/1/2034 @ 100
		Callable 12/1/2019 @ 100
		195063EH1

*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
NR	310	HENRY ILL HOSP DIST	12/1/2021	5.300	$100.00	5.300
AAAe		BUILD AMERICA BONDS-HENRY HOSP
AGM		FED TAXABLE/ST TAXABLE
		Callable 12/1/2019 @ 100
		426758DW5
NR	40	HENRY ILL HOSP DIST	12/1/2022	5.500	$100.00	5.500
AAAe		BUILD AMERICA BONDS-HENRY HOSP
AGM		FED TAXABLE/ST TAXABLE
		Callable 12/1/2019 @ 100
		426758DX3