Trades and Prices for Michigan: 02/22/2008

These reports represent inter-dealer and customer trades in municipal securities that have been reported by dealers to the Municipal Securities Rulemaking Board. The reports do not necessarily reflect all transactions that were effected on the specific trade date. Because of the possibility of errors in the trade submission process or errors or omissions in other processing of data, the reports should not be used as the sole basis for pricing or executing transactions in municipal securities. Prices for securities transactions vary with market conditions and can be affected by trade size and other factors.

All Information for Trade Date: 02/22/2008.

Please be patient, this page takes a few seconds to load on a 56K modem.

The Red Flag indicates the bid/offer market spread for this Municipal Bond exceeded 4 points.
Red numbering in the Bid or Offer column indicates the spread between high and low price exceeded 1 point.
Red numbering in the Yield column indicates a negative yield.

Municipal Bond Name / Description	Coupon	Maturity	Bid Side Customer Sold to Dealer (Lowest / Highest)		Offer Side Customer Purchase from Dealer (Lowest / Highest)	Yield* Offer Side (Lo Px / Hi Px)	# of Trades	Volume (000)
AKRON FAIRGROVE MICH SCHS	5.600%	05/01/2025			103.613 / 103.613	2.46% / 2.46%	1	55
ALLEGAN CNTY MICH REF-WTR SUPPLY & SEW DISP NO 3	4.300%	05/01/2016			99.750 / 99.750	4.34% / 4.34%	2	35
ALLEGAN MICH PUB SCH DIST REF	5.000%	05/01/2020			109.870 / 109.870	3.82% / 3.82%	4	60
ALLEN PARK MICH PUB SCH DIST REF	4.250%	05/01/2033			94.005 / 94.005	4.66% / 4.66%	1	5
ALLENDALE MICH PUB SCH DIST REF-TAXABLE-SER B	5.852%	05/01/2016			105.653 / 106.200	5.00% / 4.92%	2	35
ALMA MICH PUB SCHS SCH BLDG & SITE	3.300%	05/01/2010			100.324 / 100.324	3.14% / 3.14%	2	30
ALPENA MICH PUB SCHS REF	3.000%	05/01/2013					1	250
ANN ARBOR MICH ECONOMIC DEV CORP LTD OBLIG REV ADJ-REF-GLACIER HILLS PJ-SER B	%	11/01/2019	100.000 / 100.000				1	495
ANN ARBOR MICH SEW DISP REV SER XIX	3.500%	07/01/2014	100.525 / 100.525				1	60
AVONDALE MICH SCH DIST REF	4.000%	05/01/2024	90.000 / 90.000				3	675
BATH MICH CMNTY SCHS REF	4.150%	05/01/2029			101.032 / 101.032	4.00% / 4.00%	2	1000
BATTLE CREEK MICH REF-DOWNTOWN DEV	5.000%	05/01/2016			109.096 / 109.465	3.70% / 3.65%	6	1325
BATTLE CREEK MICH BLDG AUTH REF-JUSTICE CTR COMPLEX	3.000%	04/01/2012			100.189 / 100.189	2.95% / 2.95%	1	15
BATTLE CREEK MICH BLDG AUTH REF-JUSTICE CTR COMPLEX	3.750%	04/01/2020			96.398 / 97.618	4.13% / 4.00%	6	260
BATTLE CREEK MICH BLDG AUTH REF-JUSTICE CTR COMPLEX	4.125%	04/01/2023			99.996 / 99.996	4.12% / 4.12%	2	20
BEDFORD MICH PUB SCHS DIST	4.550%	05/01/2011	100.000 / 100.000				1	50
BIRMINGHAM MICH	3.600%	10/01/2012			102.555 / 102.555	3.00% / 3.00%	1	50
BIRMINGHAM MICH CITY SCH DIST REF	4.000%	11/01/2015			105.200 / 105.200	3.13% / 3.13%	2	60
BIRMINGHAM MICH CITY SCH DIST SCH BLDG & SITE	5.000%	11/01/2028			103.814 / 103.814	4.33% / 4.33%	1	25
BLOOMFIELD TWP MICH	3.000%	05/01/2010			101.781 / 101.781		2	30
BLOOMFIELD TWP MICH	3.250%	05/01/2017			99.479 / 99.479	3.32% / 3.32%	2	100
BLOOMFIELD TWP MICH	3.500%	05/01/2018			101.279 / 101.279	3.35% / 3.35%	2	400
BRANCH CNTY MICH REF-SAN SWR SYS NO 2-COLDWATER	3.500%	05/01/2014			99.996 / 99.996	3.50% / 3.50%	1	15
CADILLAC MICH AREA PUB SCHS REF	5.000%	05/01/2016			108.847 / 108.847	3.59% / 3.59%	1	250
CALEDONIA CHARTER TWP MICH	4.100%	11/01/2018			100.244 / 100.244	4.00% / 4.00%	2	40
CALEDONIA MICH CMNTY SCHS	5.000%	05/01/2024			105.461 / 105.461	4.27% / 4.27%	2	70
CANTON CHARTER TWP MICH CAP IMPT	3.750%	10/01/2015			102.700 / 102.700	3.29% / 3.29%	2	100
CARMAN-AINSWORTH CMNTY SCH DIST MICH REF	5.000%	05/01/2020			107.082 / 107.082	3.86% / 3.86%	1	15
CEDAR SPRINGS MICH PUB SCH DIST REF	3.000%	05/01/2012			101.328 / 101.328	2.66% / 2.66%	2	130
CEDAR SPRINGS MICH PUB SCH DIST REF	3.250%	05/01/2014			100.551 / 100.801	3.15% / 3.10%	7	235
CEDAR SPRINGS MICH PUB SCH DIST REF	4.000%	05/01/2019			101.994 / 102.244		6	1620
CENTRAL MICH UNIV REVS CAP APPREC	0.000%	10/01/2014			79.994 / 79.994	3.41% / 3.41%	2	20
CENTRAL MICH UNIV REVS GEN	5.000%	10/01/2018			101.166 / 101.166	3.00% / 3.00%	1	40
CHELSEA MICH SCH DIST REF	5.000%	05/01/2016			111.268 / 112.937	3.41% / 3.19%	5	180
CHELSEA MICH SCH DIST REF	5.000%	05/01/2025	100.289 / 100.289				2	50
CHIPPEWA HILLS SCH DIST MICH REF	5.000%	05/01/2017			110.050 / 110.050	3.41% / 3.41%	2	150
CHIPPEWA VALLEY MICH SCHS REF	3.000%	05/01/2008			100.057 / 100.057	2.65% / 2.65%	1	25
CHIPPEWA VALLEY MICH SCHS REF	5.000%	05/01/2013	108.356 / 108.356				1	95
CLAWSON MICH CITY SCH DIST PREREFUNDED	5.000%	05/01/2024			100.270 / 100.270	3.42% / 3.42%	1	5
CLIMAX-SCOTTS MICH CMNTY SCHS REF	3.250%	05/01/2011			101.875 / 101.875	2.63% / 2.63%	1	100
COLDWATER MICH CMNTY SCHS BLDG & SITE BDS	5.000%	05/01/2021	105.640 / 105.640				2	50
COLDWATER MICH CMNTY SCHS CAP APPREC	0.000%	05/01/2008			99.607 / 99.607	2.22% / 2.22%	2	10
COMSTOCK PARK MICH PUB SCHS REF	4.000%	05/01/2014			104.811 / 104.811	2.99% / 2.99%	1	25
COOPERSVILLE AREA MICH PUB SCHS REF	3.750%	05/01/2009			101.430 / 101.430	2.51% / 2.51%	1	100
CRAWFORD AUSABLE MICH SCH DIST SCH BLDG & SITE	5.625%	05/01/2019	107.527 / 107.527				2	50
CROSSROADS CHARTER ACADEMY MICH REV REF	5.250%	06/01/2035			93.625 / 93.750	5.71% / 5.70%	4	100
DEARBORN HEIGHTS MICH TAX INCREMENT FIN AUTH-SER A	5.000%	10/01/2023	105.113 / 105.113				1	30
DEARBORN MICH REF-LTD TAX	3.250%	11/01/2010			101.954 / 101.954	2.49% / 2.49%	1	200
DEARBORN MICH SCH DIST LTD TAX-CMNTY COLLEGE FACS	4.550%	05/01/2025			100.000 / 100.000	4.55% / 4.55%	1	20
DELTA CNTY MICH ECONOMIC DEV CORP ENVIRONMENTAL IMPT REV REF-MEAD WESTVACO-ESCANABA-A	6.250%	04/15/2027	112.056 / 112.056				1	25
DETROIT MICH REF-CAP IMPT-SER B	4.000%	04/01/2013	100.299 / 100.299				1	15
DETROIT MICH SER A	5.000%	04/01/2012	103.950 / 103.950				1	20
DETROIT MICH SER A	5.000%	04/01/2018	99.054 / 99.054				1	10
DETROIT MICH TAXABLE-SELF-INSURANCE	4.160%	04/01/2010	98.875 / 98.875		100.075 / 100.075	4.12% / 4.12%	4	1150+1
DETROIT MICH CITY SCH DIST REF-SCH BLDG & SITE IMPT-SER A	5.000%	05/01/2016	108.205 / 108.205		108.058 / 108.847	3.71% / 3.59%	4	300+3
DETROIT MICH CITY SCH DIST REF-SER A	5.000%	05/01/2008			100.220 / 100.220	3.69% / 3.69%	1	5
DETROIT MICH CITY SCH DIST SCH BLDG & SITE IMPT-SER A	5.500%	05/01/2014			106.510 / 106.510	4.09% / 4.09%	1	15
DETROIT MICH CITY SCH DIST SCH BLDG & SITE IMPT-SER B	3.500%	05/01/2011	100.392 / 100.392				1	25
DETROIT MICH CITY SCH DIST SER B	4.750%	05/01/2028	95.019 / 96.233				6	75
DETROIT MICH DOWNTOWN DEV AUTH TAX INCREMENT REV REF-DEV AREA NO 1 PROJS-A	5.250%	07/01/2013	100.787 / 100.787				1	50
DETROIT MICH DOWNTOWN DEV AUTH TAX INCREMENT REV REF-DEV AREA NO 1 PROJS-A	4.750%	07/01/2018			100.293 / 100.293	3.86% / 3.86%	2	50
DETROIT MICH ECONOMIC DEV CORP RES RECOVERY REV REF-SER A	4.450%	05/01/2009			102.070 / 102.070	2.65% / 2.65%	3	150
DETROIT MICH LOC DEV FIN AUTH REF-TAX INCREMENT-SR-SER A	5.375%	05/01/2018			96.650 / 96.650	5.82% / 5.82%	1	25
DETROIT MICH SEW DISP REV PREREFUNDED-REF-SR-LIEN-SER A	5.000%	07/01/2032	107.573 / 107.573				2	50
DETROIT MICH SEW DISP REV PREREFUNDED-SECOND LIEN-SER A	5.000%	07/01/2030			110.317 / 110.317	3.40% / 3.40%	1	+1
DETROIT MICH SEW DISP REV REF-SENIOR LIEN-SER A	5.250%	07/01/2020	108.100 / 108.100		108.600 / 108.600	4.34% / 4.34%	2	40
DETROIT MICH SEW DISP REV REF-SR LIEN-SER A	3.000%	07/01/2009			100.887 / 100.887	2.33% / 2.33%	3	150
DETROIT MICH SEW DISP REV REF-SYS-SR LIEN-B-RMK 12/14/06	5.500%	07/01/2017			111.184 / 111.184	4.05% / 4.05%	1	30
DETROIT MICH SEW DISP REV SECOND LIEN-SER A	3.400%	07/01/2012			101.606 / 101.606	3.00% / 3.00%	1	20
DETROIT MICH SEW DISP REV SYS-SECOND LIEN-SER B	4.500%	07/01/2022			100.625 / 100.625	4.41% / 4.41%	4	400
DETROIT MICH SEW DISP REV SYS-SECOND LIEN-SER B	4.250%	07/01/2025			98.000 / 98.000	4.42% / 4.42%	1	15
DETROIT MICH SEW DISP REV VAR-REF-SR LIEN-SER C-1	%	07/01/2027	100.000 / 100.000				6	1000
DETROIT MICH SEW DISP REV VAR-REF-SR LIEN-SER C-2	%	07/01/2029	100.000 / 100.000				1	100
DETROIT MICH SEW DISP REV VAR-SR LIEN-SER B	%	07/01/2033	100.000 / 100.000		100.000 / 100.000		7	1600+4
DETROIT MICH WTR SUPPLY SYS REV PREREFUNDED-SECOND LIEN-B	5.000%	07/01/2034	108.960 / 108.960		109.804 / 109.804	3.00% / 3.00%	3	450
DETROIT MICH WTR SUPPLY SYS REV REF-SER B	5.300%	07/01/2009			103.600 / 103.600	2.56% / 2.56%	3	150
DETROIT MICH WTR SUPPLY SYS REV REF-SER B	5.400%	07/01/2011			107.384 / 107.384	3.06% / 3.06%	3	150
DETROIT MICH WTR SUPPLY SYS REV SR LIEN-SER A	5.500%	07/01/2024			108.475 / 108.475	2.83% / 2.83%	1	15
DETROIT MICH WTR SUPPLY SYS REV SR LIEN-SER A	5.000%	07/01/2027			103.161 / 103.161	4.33% / 4.33%	3	300
DETROIT MICH WTR SUPPLY SYS REV SR LIEN-SER A	5.750%	07/01/2011	106.301 / 106.301				3	600
DETROIT MICH WTR SUPPLY SYS REV VAR-SECOND LIEN-SER B	%	07/01/2036	100.000 / 100.000		100.000 / 100.000		2	725
DETROIT MICH WTR SUPPLY SYS REV VAR-SR LIEN-SER B	%	07/01/2035	100.000 / 100.000		100.000 / 100.000		3	+3
DEXTER MICH CMNTY SCHS REF	5.000%	05/01/2017	107.407 / 107.407		106.925 / 108.607	3.52% / 3.18%	5	500
EAST CHINA SCH DIST MICH REF	5.000%	05/01/2015			109.085 / 109.085	3.55% / 3.55%	1	20
EAST GRAND RAPIDS MICH PUB SCH DIST REF	5.000%	05/01/2020			105.420 / 105.420	4.00% / 4.00%	1	20
EASTERN MICH UNIV REVS GEN-SER B	4.125%	06/01/2012			104.228 / 104.228	3.06% / 3.06%	1	25
EASTERN MICH UNIV REVS REF-GEN-SER A	5.000%	06/01/2028	106.795 / 106.795				2	20
EASTERN MICH UNIV REVS VAR-REF-GEN REV-SER A	%	06/01/2036	100.000 / 100.000		100.000 / 100.000	8.00% / 8.00%	2	1500
EATON CNTY MICH REF & IMPT-WTR SUPPLY & SEW	4.500%	04/01/2014	104.034 / 104.034				2	20
EATON CNTY MICH SHARP DRAIN DRAIN DIST	3.250%	06/01/2010			101.904 / 101.904	2.38% / 2.38%	1	15
EMMET MICH CMNTY HEALTH PPTYS REV VAR-NORTHWEST MICH CMTY HEALTH	%	06/01/2020			100.000 / 100.000		1	20
FARMINGTON HILLS MICH ECONOMIC DEV CORP LTD OBLIG REV VAR-CTR FOR HUMANISTIC STUDIES	%	06/01/2032	100.000 / 100.000				1	470
FARMINGTON HILLS MICH ECONOMIC DEV CORP REV BOTSFORD CONTINUING CARE-SER A	5.750%	02/15/2025	100.316 / 100.316				3	60
FARMINGTON MICH PUB SCH DIST SCH BLDG & SITE	3.500%	05/01/2012			101.946 / 101.946	3.00% / 3.00%	1	50
FENNVILLE MICH PUB SCHS SCH BLDG & SITE	5.000%	05/01/2034			109.613 / 109.613	3.27% / 3.27%	1	100
FERRIS ST UNIV MICH REV REF-GEN	3.500%	10/01/2011			102.594 / 102.594	2.74% / 2.74%	3	30
FITZGERALD MICH PUB SCH DIST UNREFUND BAL-SCH BLDG & SITE-B	5.000%	05/01/2021			105.679 / 105.804	4.02% / 4.00%	2	150
FLAT ROCK MICH TAX INCREMENT FIN AUTH REF-SER B	4.800%	10/01/2023	92.000 / 92.000				1	50
FOREST HILLS MICH PUB SCHS	5.250%	05/01/2010			104.670 / 104.670	3.00% / 3.00%	1	30
FRANKENMUTH MICH SCH DIST	5.650%	05/01/2013	105.394 / 105.394				2	20
FRASER MICH PUB SCH DIST	4.800%	05/01/2012			100.451 / 100.451	2.40% / 2.40%	1	100
FREMONT MICH PUB SCHS DIST REF	3.250%	05/01/2014	100.336 / 100.336				2	1450
GENESEE CNTY MICH REF-SEW DISP SYS NO 3	4.750%	04/01/2013			108.157 / 108.157	3.01% / 3.01%	1	25
GENESEE CNTY MICH SEW DISP SYS NO 3	4.875%	04/01/2015	100.000 / 100.000				1	50
GENESEE CNTY MICH SEW DISP SYS-FENTON TWP	4.000%	05/01/2021			97.001 / 97.001	4.30% / 4.30%	3	145
GENESEE CNTY MICH TAXABLE-CAP IMPT-SER B	5.700%	04/01/2034	91.330 / 91.330		94.500 / 94.500	6.12% / 6.12%	2	10
GIBRALTAR MICH SCH DIST PREREFUNDED-SCH BLDG & SITE	5.000%	05/01/2025	106.558 / 106.558				2	24
GIBRALTAR MICH SCH DIST REF	4.000%	05/01/2019			102.245 / 102.245	3.64% / 3.64%	3	120
GLADWIN MICH CMNTY SCHS SCH BLDG & SITE	4.000%	05/01/2014			104.600 / 104.600	3.17% / 3.17%	2	50
GLEN LAKE MICH CMNTY SCHS CAP APPREC-REF	0.000%	05/01/2020			50.761 / 50.761	2.26% / 2.26%	1	100
GOODRICH MICH AREA SCH DIST REF	5.000%	05/01/2015	109.539 / 109.539		109.639 / 109.639	3.47% / 3.47%	2	200
GOODRICH MICH AREA SCH DIST SCH BLDG & SITE-SER A	5.050%	05/01/2013	104.118 / 104.118				1	20
GRAND HAVEN MICH ELEC REV REF	5.250%	07/01/2008			100.966 / 100.966	2.40% / 2.40%	2	250
GRAND LEDGE MICH PUB SCHS DIST SCH BLDG & SITE	4.750%	05/01/2037			100.000 / 100.209	4.75% / 4.72%	9	220
GRAND RAPIDS MICH CMNTY COLLEGE REF	5.050%	05/01/2012			100.353 / 100.353	3.00% / 3.00%	1	50
GRAND RAPIDS MICH CMNTY COLLEGE REF	5.000%	05/01/2020			109.921 / 109.921	3.81% / 3.81%	1	50
GRAND RAPIDS MICH CMNTY COLLEGE REF	5.000%	05/01/2021			109.308 / 109.308	3.88% / 3.88%	2	100
GRAND RAPIDS MICH ECONOMIC DEV CORP ECONOMIC DEV REV ADJ-REF-AMWAY HOTEL CORP-SER A	%	08/01/2017	100.000 / 100.000				2	205
GRAND RAPIDS MICH ECONOMIC DEV CORP ECONOMIC DEV REV VAR-REF-AMWAY HOTEL CORP PJ-B	%	08/01/2017	100.000 / 100.000				1	10
GRAND RAPIDS MICH PUB SCHS REF	4.250%	05/01/2029	90.817 / 90.817				3	150
GRAND RAPIDS MICH SAN SWR SYS REV REF & IMPT-SER A	4.750%	01/01/2028	96.000 / 96.000		99.500 / 99.500	4.79% / 4.79%	2	10
GRAND RAPIDS MICH WTR SUPPLY SYS REV	4.000%	01/01/2014			104.500 / 104.500	3.15% / 3.15%	2	100
GRAND RAPIDS MICH WTR SUPPLY SYS REV VAR-REF	%	01/01/2020	100.000 / 100.000				2	240
GRAND TRAVERSE CNTY MICH HOSP FIN AUTH HOSP REV PREREFUNDED-REF-MUNSON-SER A	5.000%	07/01/2028	101.233 / 101.233		101.663 / 101.663	3.00% / 3.00%	3	30
GRAND VALLEY MICH ST UNIV REV GEN	%	06/01/2020			100.000 / 100.000		6	1600
GRANDVILLE MICH PUB SCHS DIST REF	5.000%	05/01/2011			106.421 / 106.421	2.87% / 2.87%	1	50
GREENVILLE MICH PUB SCHS	6.000%	05/01/2019	103.437 / 103.437				1	200
GREENVILLE MICH PUB SCHS REF	5.000%	05/01/2017	99.500 / 99.500		100.000 / 100.000	4.92% / 4.92%	2	20
GREENVILLE MICH PUB SCHS REF	5.000%	05/01/2024			100.525 / 100.525	2.00% / 2.00%	1	55
GREENVILLE MICH PUB SCHS REF	5.000%	05/01/2024			107.081 / 107.081	4.14% / 4.14%	2	70
GROSSE POINTE MICH BLDG AUTH REF	4.900%	10/01/2014			107.130 / 107.130	2.80% / 2.80%	1	100
HAMILTON MICH CMNTY SCHS DIST REF	5.500%	05/01/2008	100.280 / 100.280				1	250
HAMILTON MICH CMNTY SCHS DIST REF	5.500%	05/01/2009	102.836 / 102.836				4	660
HAMILTON MICH CMNTY SCHS DIST REF	5.000%	05/01/2024	99.581 / 99.581				1	25
HARBOR SPRINGS MICH PUB SCHS	5.875%	05/01/2009	103.506 / 103.506				1	100
HARPER CREEK MICH CMNTY SCH DIST PREREFUNDED	5.125%	05/01/2026			104.841 / 104.841	4.72% / 4.72%	1	5
HARTLAND MICH CONS SCH DIST REF	5.125%	05/01/2029			101.399 / 101.547	4.64% / 4.59%	4	70
HILLSDALE MICH HOSP FIN AUTH HOSP REV HILLSDALE CMNTY HLTH CTR	5.000%	05/15/2013			100.600 / 100.600	4.71% / 4.71%	2	20
HOLLAND MICH SCH DIST CAP APPREC-REF	0.000%	05/01/2014	78.448 / 78.448		80.461 / 80.461	3.55% / 3.55%	2	100
HOLLY MICH AREA SCH DIST SCH BLDG & SITE	5.000%	05/01/2019	107.111 / 107.111				2	60
HOLT MICH PUB SCHS REF	5.000%	05/01/2009	102.501 / 102.501				1	85
HOLT MICH PUB SCHS SER A	5.500%	05/01/2023			106.097 / 106.097	2.60% / 2.60%	1	100
HOPKINS MICH PUB SCHS REF	3.250%	05/01/2012			101.562 / 101.562	2.85% / 2.85%	1	100
HOPKINS MICH PUB SCHS REF	3.500%	05/01/2013			102.378 / 102.378	3.00% / 3.00%	2	100
HUDSONVILLE MICH PUB SCHS SCH BLDG & SITE	5.000%	05/01/2014			109.134 / 109.134	3.35% / 3.35%	2	50
HURON VALLEY MICH SCH DIST CAP APPREC-REF	0.000%	05/01/2016			72.558 / 72.558	3.96% / 3.96%	2	40
HURON VALLEY MICH SCH DIST CAP APPREC-REF	0.000%	05/01/2020	58.211 / 58.211				1	5
INGHAM CNTY MICH BLDG AUTH REF	4.500%	07/01/2015			107.525 / 107.525	3.34% / 3.34%	2	30
INKSTER BROWNFIELD REDEV AUTH MICH TAXABLE-TAX INCREMENT	6.200%	11/01/2009			102.850 / 102.850	4.41% / 4.41%	2	25
INKSTER MICH	3.625%	04/01/2013			101.740 / 101.740	3.25% / 3.25%	2	10
JACKSON CNTY MICH BLDG AUTH	4.300%	09/01/2018			101.385 / 101.385	3.87% / 3.87%	1	5
JACKSON CNTY MICH BLDG AUTH REF	4.250%	05/01/2020	97.919 / 97.919				3	30
JACKSON CNTY MICH ECONOMIC DEV CORP LTD OBLIG REV VAR-THRIFTY LEONI INC PROJ	%	12/01/2014	100.000 / 100.000		100.000 / 100.000		2	400
JENISON MICH PUB SCHS REF-SER A	4.000%	05/01/2008			100.306 / 100.306	2.24% / 2.24%	3	150
JONESVILLE MICH CMNTY SCHS	5.750%	05/01/2017			103.882 / 103.882	2.38% / 2.38%	2	50
KALAMAZOO MICH BLDG AUTH REF	4.250%	10/01/2026	91.218 / 91.218				1	200
KALAMAZOO MICH CITY SCH DIST BLDG & SITE	5.000%	05/01/2013			105.214 / 105.214	3.26% / 3.26%	3	30
KALAMAZOO MICH HOSP FIN AUTH HOSP FAC REV REF & IMPT-BRONSON METHODIST	5.500%	05/15/2008	99.875 / 99.875		100.338 / 100.338	3.87% / 3.87%	2	50
KALAMAZOO MICH HOSP FIN AUTH HOSP FAC REV REF-BRONSON METHODIST HOSP	5.500%	05/15/2028	101.000 / 101.000				1	30
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.000%	05/01/2010			101.103 / 101.103	2.47% / 2.47%	7	800
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	4.000%	05/01/2010			103.189 / 103.189	2.47% / 2.47%	2	650
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.000%	05/01/2011			100.839 / 100.839	2.72% / 2.72%	8	300+1
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.000%	05/01/2012	100.334 / 100.334		100.269 / 100.269	2.93% / 2.93%	5	4375
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.250%	05/01/2012			101.240 / 101.240	2.93% / 2.93%	3	600
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.250%	05/01/2013			100.802 / 100.802	3.08% / 3.08%	6	290+1
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.500%	05/01/2014			101.493 / 101.493	3.23% / 3.23%	4	75+1
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.500%	05/01/2015			100.627 / 100.627	3.40% / 3.40%	10	1685
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.750%	05/01/2016			101.260 / 101.260	3.57% / 3.57%	1	25
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	4.125%	05/01/2016			103.893 / 103.893	3.57% / 3.57%	1	1000
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	3.750%	05/01/2017			100.150 / 100.536	3.73% / 3.68%	6	2035
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	4.250%	05/01/2018			102.907 / 102.907	3.90% / 3.90%	2	265
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	5.000%	05/01/2019			107.495 / 107.495	4.09% / 4.09%	1	500
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	5.000%	05/01/2020			106.298 / 106.298	4.23% / 4.23%	5	1760
KALAMAZOO MICH REGL EDL SVC AGY SCH BLDG & SITE	5.000%	05/01/2021			105.452 / 105.452	4.33% / 4.33%	4	1650+1
KELLOGGSVILLE MICH PUB SCH DIST REF	5.000%	05/01/2012	106.344 / 106.344		106.744 / 106.744	3.26% / 3.26%	2	50
KENT CNTY MICH CAP IMPT-SER A	3.800%	12/01/2017	98.230 / 98.230				1	10
KENT CNTY MICH VAR-NTS	%	03/01/2008	100.000 / 100.000				1	+1
KENT CNTY MICH VAR-TAXABLE-LTD TAX NTS	%	03/01/2010	100.000 / 100.000		100.000 / 100.000		2	500
KENT CNTY MICH ARPT FAC REV KENT CNTY INTL ARPT	5.000%	01/01/2028	97.100 / 97.100				1	35
KENT HOSP FIN AUTH MICH REV ARS-SPECTRUM HEALTH SYS-A-2	%	01/15/2047			100.000 / 100.000	0.00% / 0.00%	2	50
KENT HOSP FIN AUTH MICH REV SPECTRUM HEALTH-SER A	5.250%	01/15/2021	106.435 / 106.435				3	30
KENT HOSP FIN AUTH MICH REV SPECTRUM HEALTH-SER A	5.500%	01/15/2031	106.336 / 106.336		109.564 / 109.564	2.80% / 2.80%	5	280
KENTWOOD MICH ECONOMIC DEV CORP REV LTD OBLIG-HOLLAND HOME-SER A	4.150%	11/15/2010	99.200 / 99.200		100.000 / 100.000	4.15% / 4.15%	4	350
KENTWOOD MICH ECONOMIC DEV CORP REV LTD OBLIG-HOLLAND HOME-SER A	5.375%	11/15/2037			97.625 / 97.625	5.54% / 5.54%	1	10
KENTWOOD MICH PUB SCHS	4.125%	05/01/2019			100.574 / 100.574	4.00% / 4.00%	2	50
LAKE FENTON MICH CMNTY SCHS PREREFUNDED	5.000%	05/01/2022			107.184 / 107.184	3.15% / 3.15%	2	40
LAKE SHORE MICH PUB SCHS MACOMB CNTY REF	5.000%	05/01/2016			107.401 / 107.401	3.65% / 3.65%	2	130
LAKE SUPERIOR ST UNIV MICH REV GEN	5.125%	11/15/2018			104.300 / 104.300	3.85% / 3.85%	2	30
LAKE SUPERIOR ST UNIV MICH REV PREREFUNDED-GEN	5.000%	11/15/2012	101.547 / 101.547		101.581 / 101.581	2.25% / 2.25%	2	+2
LAKEVIEW MICH SCH DIST CALHOUN CNTY VAR-SCH BLDG & SITE-SER B	%	05/01/2032	100.000 / 100.000				1	+1
LANSING MICH BRD WTR & LT WTR SUPPLY STEAM & ELEC UTIL SYS TAXABLE-SUB LIEN-SER B	7.400%	07/01/2010	104.000 / 104.000		104.399 / 104.399	4.00% / 4.00%	2	100
LANSING MICH CMNTY COLLEGE	4.500%	05/01/2009	101.558 / 101.558				1	50
LANSING MICH CMNTY COLLEGE REF-COLLEGE BLDG & SITE	5.000%	05/01/2016			110.839 / 110.839	3.47% / 3.47%	3	150
LANSING/INGHAM CNTY MICH JT BLDG AUTH	5.400%	11/01/2014	103.987 / 103.987				1	25
LAPEER MICH ECONOMIC DEV CORP REV VAR-DEV-H & H TOOL INC PROJ	%	08/01/2031	100.000 / 100.000				1	10
LAWTON MICH CMNTY SCHS	5.500%	05/01/2015	106.996 / 106.996				1	10
LENAWEE CNTY MICH HOSP FIN AUTH HOSP REV ARS-REF & IMPT-PROMEDICA-SER B	%	11/15/2035	100.000 / 100.000				89	11350+1
LESLIE MICH PUB SCHS INGHAM & JACKSON CNTYS REF	4.875%	05/01/2025			100.323 / 100.323	3.00% / 3.00%	1	10
LINCOLN MICH CONS SCH DIST	5.000%	05/01/2028	100.107 / 100.107				1	40
LINCOLN MICH CONS SCH DIST	5.000%	05/01/2031			108.289 / 108.289	2.62% / 2.62%	2	200
LINCOLN MICH CONS SCH DIST REF	5.000%	05/01/2018			110.045 / 110.045	3.80% / 3.80%	2	200
LINCOLN MICH CONS SCH DIST REF	5.000%	05/01/2020			109.418 / 109.418	3.87% / 3.87%	3	300
LINCOLN MICH CONS SCH DIST REF	5.000%	05/01/2021			108.288 / 108.288	4.00% / 4.00%	3	150
LINCOLN MICH CONS SCH DIST UNREFUNDED BALANCE	5.000%	05/01/2026			103.279 / 103.279	4.03% / 4.03%	1	20
LINCOLN PK MICH SCH DIST PREREFUNDED	5.000%	05/01/2026			100.435 / 100.435	2.50% / 2.50%	1	10
LINCOLN PK MICH SCH DIST REF	4.000%	05/01/2021					2	+2
LINCOLN PK MICH SCH DIST REF	4.000%	05/01/2022	97.974 / 97.974				2	200
LINCOLN PK MICH SCH DIST REF	4.250%	05/01/2025			96.352 / 96.723	4.56% / 4.53%	5	240
LINCOLN PK MICH SCH DIST UNREFUNDED BALANCE	5.000%	05/01/2026	100.104 / 100.104				1	15
LINDEN MICH CMNTY SCH DIST	4.750%	05/01/2029			98.000 / 98.000	4.90% / 4.90%	2	30
LIVINGSTON CNTY MICH HANDY TWP SWR SYS	4.600%	06/01/2020	99.250 / 99.250				1	50
LIVINGSTON MICH EDL SVC AGY SCH BLDG & SITE	3.100%	05/01/2009	99.713 / 99.713				1	10
MACOMB CNTY MICH HOSP FIN AUTH HOSP REV MT CLEMENS GEN HOSP-SER B	5.875%	11/15/2034					2	30
MARION TWP MICH REF-SAN SWR NO 1-WTR MAIN EXT	3.800%	06/01/2012			103.120 / 103.120	3.01% / 3.01%	3	300
MARYSVILLE MICH PUB SCHS DIST REF	3.250%	05/01/2013			101.663 / 101.663	2.90% / 2.90%	2	325
MICHIGAN CITY IND AREA-WIDE SCH BLDG CORP CAP APPREC-FIRST MTG	0.000%	01/15/2014	78.123 / 78.123				2	20
MICHIGAN CITY IND AREA-WIDE SCH BLDG CORP CAP APPREC-FIRST MTG	0.000%	07/15/2015			77.321 / 77.321	3.51% / 3.51%	1	150
MICHIGAN CITY IND SCH BLDG CORP FIRST MTG	5.000%	07/15/2021			105.550 / 105.550	4.28% / 4.28%	2	50
MICHIGAN HIGHER ED FACS AUTH REV LTD OBLIG-CALVIN COLLEGE PJ	5.800%	12/01/2016	108.355 / 108.355				1	200
MICHIGAN HIGHER ED FACS AUTH REV REF-LTD OBLIG-THOMAS M COOLEY	5.400%	05/01/2018	100.000 / 100.000				1	5
MICHIGAN HIGHER ED FACS AUTH REV VAR-REF-LTD OBLIG-THOMAS B3	%	07/01/2037			100.000 / 100.000	12.00% / 12.00%	1	250
MICHIGAN HIGHER ED FACS AUTH REV VAR-TAXABLE-LTD OBLIG-HOPE-A	%	10/01/2016	100.000 / 100.000		100.000 / 100.000		2	20
MICHIGAN HIGHER ED STUDENT LN AUTH REV STUDENT LN-SER XVII-I	4.750%	03/01/2018	97.950 / 97.950				3	15
MICHIGAN MUN BD AUTH REV LOC GOVT LN PROG-AMBAC-SER C	5.200%	11/01/2018	102.592 / 102.592				1	25
MICHIGAN MUN BD AUTH REV LOC GOVT LN PROG-REV SHARING-B	4.500%	11/01/2010			103.388 / 103.388	3.17% / 3.17%	2	20
MICHIGAN MUN BD AUTH REV LOC GOVT LN PROG-SER C	5.000%	05/01/2008			100.390 / 100.390	2.75% / 2.75%	2	150
MICHIGAN MUN BD AUTH REV REF-CLEAN WTR ST REVOLVING FD	5.500%	10/01/2015	112.965 / 112.965				1	25
MICHIGAN MUN BD AUTH REV REF-TAXABLE-SCH	5.222%	06/01/2014	103.460 / 103.460				23	2320+4
MICHIGAN MUN BD AUTH REV SCH DIST CITY OF DETROIT	5.000%	06/01/2013			108.897 / 109.398	3.15% / 3.05%	6	500
MICHIGAN PUB PWR AGY REV REF-BELLE RIVER PROJ-SER A	5.250%	01/01/2010			104.003 / 104.003	3.00% / 3.00%	1	145
MICHIGAN PUB PWR AGY REV REF-BELLE RIVER PROJ-SER A	5.250%	01/01/2015	109.723 / 109.723				2	20
MICHIGAN ST COLLEGE SAVINGS BDS	0.000%	08/01/2012	84.843 / 84.843				1	10
MICHIGAN ST ENVIRONMENTAL PROG-SER A	5.000%	05/01/2010	104.221 / 104.221				3	90
MICHIGAN ST BLDG AUTH REV CAP APPREC-FACS PROG-SER II	0.000%	10/01/2008			98.634 / 98.634	2.33% / 2.33%	2	30
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA	0.000%	10/15/2022			47.857 / 47.857	5.10% / 5.10%	1	50
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA	0.000%	10/15/2023			44.888 / 45.551	5.19% / 5.10%	4	385
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA	0.000%	10/15/2025			40.445 / 40.445	5.20% / 5.20%	1	15
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA	0.000%	10/15/2026			37.051 / 37.051	5.40% / 5.40%	1	160
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER I	5.250%	10/15/2017			109.268 / 109.268	3.43% / 3.43%	1	10
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER II	4.625%	10/15/2035	93.010 / 93.010				1	75
MICHIGAN ST COMPREHENSIVE TRANSN REF	4.000%	05/15/2012	102.603 / 102.603				1	5
MICHIGAN ST COMPREHENSIVE TRANSN REF-SER A	5.250%	05/15/2008	100.544 / 100.544				2	1000
MICHIGAN ST CTFS PARTN	5.500%	06/01/2027	105.248 / 105.248				1	80
MICHIGAN ST HOSP FIN AUTH REV ASCENSION HLTH CREDIT-SER A	5.750%	11/15/2016	106.090 / 106.090		106.294 / 106.294	2.55% / 2.55%	3	+3
MICHIGAN ST HOSP FIN AUTH REV ASCENSION HLTH CREDIT-SER A	6.125%	11/15/2026	105.813 / 105.813				1	30
MICHIGAN ST HOSP FIN AUTH REV DETROIT MED CTR-OB-A-ACA-CBI	5.250%	08/15/2028			85.950 / 85.950	6.50% / 6.50%	1	25
MICHIGAN ST HOSP FIN AUTH REV HOSP-HENRY FORD HLTH SYS-SER A	6.000%	11/15/2019			107.238 / 107.238	2.25% / 2.25%	2	350
MICHIGAN ST HOSP FIN AUTH REV PREREFUNDED-MERCY HEALTH-X	6.000%	08/15/2034			105.160 / 105.160	3.05% / 3.05%	1	5
MICHIGAN ST HOSP FIN AUTH REV REF-ASCENSION HEALTH GRP-B-6	%	11/15/2026	100.000 / 100.000		100.000 / 100.000	0.00% / 0.00%	2	200
MICHIGAN ST HOSP FIN AUTH REV REF-HENRY FORD HEALTH SYS-A	5.250%	11/15/2032			101.363 / 101.363	5.05% / 5.05%	2	10
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-BOTSFORD OBLIG-A	5.000%	02/15/2012	99.633 / 99.633				1	25
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-DETROIT MEDICAL GRP-A	5.250%	08/15/2027			94.746 / 94.746	5.70% / 5.70%	1	10
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-HENRY FORD HEALTH-B	%	11/15/2040	100.000 / 100.000				1	+1
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-OAKWOOD OBLIG GROUP	5.500%	11/01/2018			108.869 / 108.869	3.75% / 3.75%	1	100
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-OAKWOOD OBLIG GRP-A	5.000%	07/15/2025	98.000 / 98.000		100.000 / 100.000	5.00% / 5.00%	7	265+1
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-PONTIAC OSTEOPATHIC-A	6.000%	02/01/2024			99.989 / 99.989	6.00% / 6.00%	1	25
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-ST JOHN HOSP-SER A	6.000%	05/15/2008			100.524 / 100.524	3.50% / 3.50%	1	45
MICHIGAN ST HOSP FIN AUTH REV REF-MERCY HEALTH SERVICES-X	5.750%	08/15/2019	104.869 / 104.869				1	20
MICHIGAN ST HOSP FIN AUTH REV REF-MIDMICHIGAN OBLIG GRP-A	5.125%	06/01/2024			100.871 / 100.871	4.60% / 4.60%	1	10
MICHIGAN ST HOSP FIN AUTH REV REF-OAKWOOD OBLIG GRP-SER A	5.000%	08/15/2031			101.880 / 101.880	3.05% / 3.05%	2	50
MICHIGAN ST HOSP FIN AUTH REV TRINITY HEALTH CR GROUP-SER A	5.000%	12/01/2031			98.992 / 99.992	5.07% / 5.00%	10	950
MICHIGAN ST HOSP FIN AUTH REV VAR-HOSP EQUIPMENT LN PROG-A	%	12/01/2023	100.000 / 100.000				1	100
MICHIGAN ST HOSP FIN AUTH REV VAR-NORTH OTTAWA CARE CTR INC	%	05/01/2036			100.000 / 100.000	2.37% / 2.37%	1	+1
MICHIGAN ST HOSP FIN AUTH REV VAR-REF-HOLLAND CMNTY HOSP	%	01/01/2010	100.000 / 100.000				1	150
MICHIGAN ST HOSP FIN AUTH REV VAR-REF-OSF HEALTHCARE SYS-C	%	11/15/2024	100.000 / 100.000				1	250
MICHIGAN ST HOSP FIN AUTH REV VAR-REF-TRINITY HEALTH-SER E	%	12/01/2030			99.934 / 99.934		1	+1
MICHIGAN ST HOSP FIN AUTH REV VAR-TRINITY HEALTH CREDIT-E	%	12/01/2038	100.000 / 100.000		100.000 / 100.000		19	5000+3
MICHIGAN ST HOSP FIN AUTH REV VAR-TRINITY HEALTH CREDIT-F	%	12/01/2038	100.000 / 100.000		100.000 / 100.000		31	7650+5
MICHIGAN ST HSG DEV AUTH LTD OBLIG MULTIFAMILY HSG REV VAR-TAXABL-REF-SAND CREEK II-B	3.070%	10/01/2042	100.000 / 100.000				1	205
MICHIGAN ST HSG DEV AUTH LTD OBLIG MULTIFAMILY HSG REV VAR-TAXABLE-REF-SAND CREEK-I-B	3.070%	10/01/2042	100.000 / 100.000				1	135
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV AMT-SER D	4.500%	10/01/2017			102.500 / 102.500	4.17% / 4.17%	1	25
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV AMT-SER D	5.100%	10/01/2022			102.500 / 102.500	4.76% / 4.76%	1	10
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV SER B	2.700%	10/01/2008			100.140 / 100.140	2.46% / 2.46%	2	200
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV SER B	3.900%	10/01/2014	102.727 / 102.727				1	55
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV TAXABLE-VAR-SER C	%	10/01/2020	100.000 / 100.000		100.000 / 100.000	0.00% / 0.00%	3	900+1
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV VAR-AMT-SER A	%	04/01/2035	100.000 / 100.000				1	+1
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV VAR-AMT-SER A	%	04/01/2037	100.000 / 100.000		99.918 / 100.000		3	300+2
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV VAR-AMT-SER C	%	04/01/2041	100.000 / 100.000		100.000 / 100.000	0.00% / 0.00%	2	+2
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV AMT-SER B2	%	06/01/2024	100.000 / 100.000		100.000 / 100.000		3	+3
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV TAXABLE-SER C	%	12/01/2020	100.000 / 100.000		100.000 / 100.000		4	100+3
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-AMT-SER A	%	06/01/2020	100.000 / 100.000		100.000 / 100.000		3	+3
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-SER A	%	12/01/2016	100.000 / 100.000		100.000 / 100.000		4	+4
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-TAXABLE-SER C	%	06/01/2030	100.000 / 100.000		100.000 / 100.000		5	990+3
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-TAXABLE-SER C	%	12/01/2036	100.000 / 100.000		100.000 / 100.000		3	1965
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-TAXABLE-SER C	%	06/01/2039	100.000 / 100.000				1	200
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-TAXABLE-SER D	%	12/01/2036	100.000 / 100.000		100.000 / 100.000		2	200
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-TAXABLE-SER G	%	12/01/2038	100.000 / 100.000		100.000 / 100.000		2	+2
MICHIGAN ST SOUTH CENT PWR AGY PWR SUPPLY SYS REV REF	5.000%	11/01/2009	102.949 / 102.949		103.249 / 103.249	3.00% / 3.00%	2	20
MICHIGAN ST STRATEGIC FD LTD OBLIG REV ADJ-REF-DOW CHEMICAL PJ-A-2	5.500%	12/01/2028	100.375 / 100.375				1	50
MICHIGAN ST STRATEGIC FD LTD OBLIG REV CLARK RETIREMENT CMNTY INC PJ	5.300%	06/01/2024			99.000 / 99.000	5.39% / 5.39%	1	10
MICHIGAN ST STRATEGIC FD LTD OBLIG REV FORD MOTOR COMPANY PROJ-SER A	6.550%	10/01/2022					2	50
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-ACI PPTYS LLC PROJ	%	02/01/2016	100.000 / 100.000				1	80
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-AMT-HAVILAND PRODS CO PJ	%	09/01/2032	100.000 / 100.000				1	+1
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-ANDRE LAND CO LLC PROJ	%	09/01/2021	100.000 / 100.000				1	250
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-CONS INDL CORP PJ	%	01/01/2019	100.000 / 100.000				1	5
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-DETROIT YOUTH FNDTN PROJ	%	06/01/2035	100.000 / 100.000				1	125
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-FOREMOST GRAPHICS INC PROJ	%	07/01/2021	100.000 / 100.000				1	5
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-J C GIBBONS MFG INC PROJ	%	05/01/2025	100.000 / 100.000				1	720
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-KERKSTRA PRECAST INC PROJ	%	02/01/2022	100.000 / 100.000				1	15
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-MANS PROJ	%	03/01/2012	100.000 / 100.000				1	410
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-MANS PROJ-SER A	%	11/01/2020	100.000 / 100.000				2	1000+1
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-MANS PROJ-SER B	%	11/01/2020	100.000 / 100.000				1	+1
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-PLASCORE INC PROJ	%	07/01/2016	100.000 / 100.000				1	5
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-PUREFLEX INC PROJ	%	03/01/2042	100.000 / 100.000		100.000 / 100.000		2	250
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-REF-DETROIT ED-B-TRANCHE I	%	09/01/2030	100.000 / 100.000				2	40
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-REF-DETROIT-B-TRANCHE II	%	09/01/2030	100.000 / 100.000		100.000 / 100.000		15	1985+6
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-REF-HAVEN PARK CHRISTIAN	%	02/01/2029			100.000 / 100.000		1	25
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-REF-HELLER MACHINE TOOLS	%	08/01/2033	100.000 / 100.000				2	250+1
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-REF-PEACHWOOD CTR ASSOC	%	06/01/2016	100.000 / 100.000				1	280
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-S & S PPTYS LLC PJ	%	07/01/2021	100.000 / 100.000				1	160
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-SKYWAY PRECISION INC PROJ	%	03/01/2023	100.000 / 100.000				1	420
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-SPM INDS INC PJ	%	10/01/2023	100.000 / 100.000				1	90
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-STEGNER EAST INVTS LLC PJ	%	06/01/2029	100.000 / 100.000				1	140
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-TAXABLE-CREST INDS PROJ-B	%	07/01/2020	100.000 / 100.000				1	175
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-TAXABLE-PRESS-WAY INC PJ	%	05/01/2015	100.000 / 100.000				1	200
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-TAXABLE-RACC REALTY	%	08/01/2010	100.000 / 100.000				1	100
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-YMCA MET DETROIT PROJ	%	11/01/2033	100.000 / 100.000		100.000 / 100.000		3	35+1
MICHIGAN ST TRUNK LINE FD REF	5.250%	11/01/2021			111.831 / 111.831	4.11% / 4.11%	3	30
MICHIGAN ST UNIV REVS REF-GEN-SER B	%	02/15/2026	100.000 / 100.000				1	+1
MICHIGAN ST UNIV REVS VAR-GEN	%	02/15/2034	100.000 / 100.000				1	970
MICHIGAN ST UNIV REVS VAR-GEN-SER 2000-A	%	08/15/2030	100.000 / 100.000		100.000 / 100.000		3	+3
MICHIGAN ST UNIV REVS VAR-GEN-SER A	%	08/15/2030			99.985 / 100.000		2	+2
MICHIGAN ST UNIV REVS VAR-GEN-SER A	%	08/15/2032	100.000 / 100.000				1	495
MICHIGAN ST UNIV REVS VAR-GEN-SER A	%	02/15/2033	100.000 / 100.000				1	1000
MICHIGAN ST UNIV REVS VAR-TAXABLE-GEN-SER B	%	08/15/2022	100.000 / 100.000				1	100
MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET SR-SER A	6.000%	06/01/2048			98.125 / 101.375	6.12% / 5.80%	20	755
MILAN MICH CAP IMPT SWR	4.125%	06/01/2021			96.712 / 96.712	4.46% / 4.46%	2	20
MONROE CNTY MICH WTR SUPPLY SYS NO 1-ERIE TWP	4.000%	04/01/2009	100.537 / 100.537				3	75
MONROE CNTY MICH WTR SUPPLY-ASH TWP SYS-NO 1	3.500%	05/01/2010			102.000 / 102.000	2.55% / 2.55%	2	150
MOORE DRAIN DRAIN DIST MICH MOORE DRAIN	4.150%	06/01/2019	100.441 / 100.441		101.041 / 101.041	4.00% / 4.00%	2	350
MOUNT CLEMENS MICH CMNTY SCH DIST SCH BLDG & SITE	5.000%	05/01/2026	105.747 / 105.747				1	15
MOUNT PLEASANT MICH PUB SCHS REF	3.250%	05/01/2010			100.620 / 100.620	2.95% / 2.95%	3	30
MOUNT PLEASANT MICH PUB SCHS SCH BLDG & SITE	5.000%	05/01/2014	107.404 / 107.404				2	40
MUSKEGON CNTY MICH WASTEWATER MGMT SYS NO 1	4.250%	11/01/2018			100.387 / 100.387	4.19% / 4.19%	2	20
MUSKEGON CNTY MICH BLDG AUTH REF	4.400%	09/01/2011	102.013 / 102.013				1	5
MUSKEGON HEIGHTS MICH PUB SCHS REF	5.000%	05/01/2014	106.020 / 106.020		106.620 / 106.620	3.79% / 3.79%	2	30
MUSKEGON MICH PUB SCHS REF	2.750%	05/01/2010	99.038 / 99.038				1	5
NEWAYGO CNTY MICH SEW DISPOSAL SYS-CHAIN LAKES	3.800%	05/01/2014			103.575 / 103.575	2.77% / 2.77%	4	350
NORTHVILLE MICH PUB SCHS REF	5.000%	05/01/2014			110.025 / 110.025	3.20% / 3.20%	2	50
NORTHWESTERN MICH CMNTY COLLEGE PREREFUNDED-IMPT	5.300%	04/01/2012	103.357 / 103.357		103.557 / 103.557	3.00% / 3.00%	2	40
NOVI MICH CMNTY SCH DIST SCH BLDG & SITE	4.000%	05/01/2015			104.750 / 104.750	3.25% / 3.25%	2	500
OAKLAND CHARTER TWP MICH BLDG AUTH	4.750%	06/01/2017			104.687 / 104.687	2.60% / 2.60%	1	270
OAKLAND CNTY MICH ECONOMIC DEV CORP LTD OBLIG REV REF-CRANBROOK EDL CMNTY	5.000%	11/01/2017			102.249 / 102.649	3.09% / 2.50%	8	1050
OAKLAND CNTY MICH ECONOMIC DEV CORP LTD OBLIG REV VAR-EVEREST ACADEMY PROJ	%	08/01/2037	100.000 / 100.000				1	90
OAKLAND UNIV MICH REV REF-GEN	5.250%	05/15/2021			106.840 / 106.840	4.00% / 4.00%	1	25
OAKLAND UNIV MICH REV REF-GEN	5.250%	05/15/2022			107.268 / 107.268	3.92% / 3.92%	4	125
OAKLAND UNIV MICH REV VAR-GEN	%	03/01/2031	100.000 / 100.000		100.000 / 100.000		4	250+3
OCEOLA TWP MICH SPL ASSMT-LTD TAX	3.000%	05/01/2008			100.034 / 100.034	2.78% / 2.78%	1	50
ONEKAMA MICH CONS SCH DIST SCH BLDG & SITE	3.500%	05/01/2012			103.150 / 103.150	2.70% / 2.70%	1	20
OSCODA MICH AREA SCHS DIST BLDG & STE	4.100%	05/01/2012	103.049 / 103.049				1	5
OVID ELSIE MICH AREA SCHS SCH BLDG & SITE	3.750%	05/01/2012	101.143 / 101.143				1	10
OXFORD MICH AREA CMNTY SCH DIST	5.000%	05/01/2010	102.401 / 102.401				2	40
PARCHMENT MICH SCH DIST SCH BLDG & SITE	4.125%	05/01/2021			100.125 / 100.125	4.11% / 4.11%	2	50
PLYMOUTH-CANTON MICH CMNTY SCH DIST REF	4.000%	05/01/2016	99.647 / 99.647				1	50
PLYMOUTH-CANTON MICH CMNTY SCH DIST REF	4.125%	05/01/2017			102.836 / 102.836	3.52% / 3.52%	1	20
PLYMOUTH-CANTON MICH CMNTY SCH DIST REF-SCH BLDG & SITE	4.500%	05/01/2017	104.773 / 104.773				1	25
PLYMOUTH-CANTON MICH CMNTY SCH DIST REF-SCH BLDG & SITE	4.500%	05/01/2031			99.000 / 99.000	4.57% / 4.57%	1	45
PORTAGE MICH PUB SCHS REF	4.500%	05/01/2016			100.951 / 100.951	3.66% / 3.66%	3	30
PORTAGE MICH PUB SCHS SCH BLDG & SITE	3.250%	05/01/2009			100.980 / 100.980	2.40% / 2.40%	1	50
REDFORD MICH UN SCH DIST NO 001 REF	4.000%	05/01/2010	102.749 / 102.749		102.942 / 102.942	2.60% / 2.60%	3	310
ROCHESTER MICH CMNTY SCH DIST REF	5.000%	05/01/2016			109.718 / 109.718	3.25% / 3.25%	2	1000
ROCHESTER MICH CMNTY SCH DIST REF	4.500%	05/01/2017			105.764 / 105.764	3.46% / 3.46%	1	130
ROCHESTER MICH CMNTY SCH DIST REF-SER I	5.500%	05/01/2010	105.642 / 105.642				1	500
ROCKWOOD MICH	4.500%	05/01/2009			102.177 / 102.177	2.61% / 2.61%	3	75
ROCKWOOD MICH SAN SWR	4.400%	05/01/2019			100.240 / 100.240	3.00% / 3.00%	1	25
ROMULUS MICH CAP IMPT	4.000%	11/01/2010			102.578 / 102.578	2.99% / 2.99%	2	50
ROMULUS MICH CMNTY SCHS CAP APPREC-REF	0.000%	05/01/2015			77.297 / 77.297	3.62% / 3.62%	3	15
ROMULUS MICH TAX INCREMENT FIN AUTH REF-TAX INCREMENT DEV	4.000%	11/01/2012	99.900 / 99.900				3	150
ROYAL OAK MICH CAP IMPT-SER A	4.000%	05/01/2014	98.010 / 98.010				2	60
ROYAL OAK MICH BLDG AUTH	5.000%	09/01/2010			101.006 / 101.006	3.00% / 3.00%	1	5
ROYAL OAK MICH HOSP FIN AUTH HOSP REV VAR-REF-WILLIAM BEAUMONT-T	%	01/01/2020	100.000 / 100.000				1	1000
ROYAL OAK MICH HOSP FIN AUTH HOSP REV VAR-REF-WILLIAM BEAUMONT-U	%	01/01/2020			100.000 / 100.000		1	+1
ROYAL OAK MICH HOSP FIN AUTH HOSP REV VAR-WILLIAM BEAUMONT HOSP-S	%	06/15/2040	100.000 / 100.000		100.000 / 100.000	0.00% / 0.00%	2	200
SAGINAW VY ST UNIV MICH REV REF-GEN	3.500%	07/01/2008			100.252 / 100.252	2.75% / 2.75%	1	40
SALINE MICH AREA SCHS REF	%	05/01/2030	100.000 / 100.000				2	100+1
SANDUSKY MICH CMNTY SCH DIST REF	4.000%	05/01/2018			102.750 / 102.750	3.46% / 3.46%	1	25
SAUGATUCK MICH PUB SCH DIST SCH BLDG & SITE	4.125%	05/01/2027			99.994 / 99.994	4.12% / 4.12%	1	5
SHEPHERD MICH PUB SCHS REF-SCH BLDG & SITE	4.375%	05/01/2037			97.500 / 98.700	4.53% / 4.46%	18	420
SILVER CREEK MICH DRAIN DIST REF	3.700%	11/01/2013			102.993 / 102.993	3.12% / 3.12%	2	100
SOUTH HAVEN MICH PUB SCHS	3.300%	05/01/2015			99.099 / 99.099	3.44% / 3.44%	3	30
SOUTH LYON MICH CMNTY SCHS	5.500%	05/01/2017			105.737 / 105.737	2.77% / 2.77%	1	50
SOUTH LYON MICH CMNTY SCHS REF	5.000%	05/01/2015	104.976 / 104.976				3	75
SOUTH LYON MICH CMNTY SCHS REF	5.000%	05/01/2019	105.105 / 105.105				2	40
SOUTH LYON MICH CMNTY SCHS SER A	5.625%	05/01/2015			105.923 / 105.923	2.80% / 2.80%	1	25
SOUTHFIELD MICH PUB SCHS SCH BLDG & SITE-SER A	4.750%	05/01/2027	105.830 / 105.830				1	5
ST CLAIR CNTY MICH	4.000%	04/01/2021			99.470 / 99.470	4.05% / 4.05%	1	20
ST CLAIR CNTY MICH WTR SUPPLY SYS-NO IX	5.100%	11/01/2014	104.452 / 104.452				1	15
ST JOHNS MICH PUB SCHS REF	3.250%	05/01/2011			102.276 / 102.276	2.50% / 2.50%	1	20
STERLING HEIGHTS MICH REF	4.000%	10/01/2012	101.236 / 101.236				1	10
STOCKBRIDGE MICH CMNTY SCHS REF	3.500%	05/01/2012			103.338 / 103.338	2.65% / 2.65%	1	100
TAYLOR MICH TAX INCREMENT FIN AUTH TAX INCREMENT	5.000%	05/01/2019			104.663 / 104.663	3.44% / 3.44%	3	450
TECUMSEH MICH PUB SCHS	5.000%	05/01/2021	100.370 / 100.370				1	25
THREE RIVERS MICH CMNTY SCHS REF	4.550%	05/01/2008			100.338 / 100.338	2.60% / 2.60%	1	25
THREE RIVERS MICH CMNTY SCHS REF	5.000%	05/01/2017			109.870 / 109.870	3.72% / 3.72%	2	500+1
TRAVERSE CITY MICH AREA PUB SCHS REF	4.000%	05/01/2009			101.961 / 101.961	2.30% / 2.30%	1	100
TRAVERSE CITY MICH AREA PUB SCHS SCH BLDG & SITE-SER A	3.500%	05/01/2012			101.516 / 101.516	3.11% / 3.11%	2	400
TROY MICH REF	3.000%	10/01/2008			100.581 / 100.581	2.00% / 2.00%	1	120
TROY MICH REF	3.000%	10/01/2009			101.162 / 101.162	2.25% / 2.25%	1	165
TROY MICH REF	3.000%	10/01/2010			101.496 / 101.496	2.40% / 2.40%	1	215
TROY MICH REF	3.000%	10/01/2011			101.257 / 101.257	2.63% / 2.63%	1	210
TROY MICH REF	3.000%	10/01/2012			100.682 / 100.682	2.84% / 2.84%	1	260
TROY MICH REF	3.250%	10/01/2013			101.275 / 101.275	3.00% / 3.00%	1	255
TROY MICH REF	3.500%	10/01/2014			102.185 / 102.185	3.13% / 3.13%	1	300
TROY MICH REF	3.500%	10/01/2015			101.802 / 101.802	3.23% / 3.23%	1	295
TROY MICH REF	4.000%	10/01/2016			104.662 / 104.662	3.37% / 3.37%	1	285
TROY MICH REF	4.000%	10/01/2017			104.289 / 104.289	3.47% / 3.47%	1	285
TROY MICH REF	4.000%	10/01/2018			103.627 / 103.627	3.55% / 3.55%	1	330
TROY MICH REF	4.000%	10/01/2019			102.726 / 102.726	3.66% / 3.66%	1	320
TROY MICH REF	4.000%	10/01/2020			101.833 / 101.833	3.77% / 3.77%	1	365
TROY MICH CITY SCH DIST REF-SCH BLDG & SITE	3.000%	05/01/2008	99.666 / 99.666		100.084 / 100.084	2.50% / 2.50%	2	100
TROY MICH CITY SCH DIST REF-SCH BLDG & SITE	5.000%	05/01/2024			104.723 / 104.723	4.12% / 4.12%	1	25
UNIVERSITY MICH UNIV REVS ADJ-REF-HOSP-SER A	%	12/01/2019	100.000 / 100.000				1	400
UNIVERSITY MICH UNIV REVS FLTG-REF-MED SVC PLAN-A-2	%	12/01/2021	100.000 / 100.000				1	100
UNIVERSITY MICH UNIV REVS VAR-GEN	%	04/01/2032			100.000 / 100.000		1	+1
UNIVERSITY MICH UNIV REVS VAR-GEN-SER B	%	04/01/2035	100.000 / 100.000		99.984 / 100.000		3	700+1
UNIVERSITY MICH UNIV REVS VAR-HOSP-SER A	%	12/01/2035	100.000 / 100.000		100.000 / 100.000		3	800+2
UNIVERSITY MICH UNIV REVS VAR-HOSP-SER B	%	12/01/2037	100.000 / 100.000		100.000 / 100.000		4	+4
UNIVERSITY MICH UNIV REVS VAR-MED SVC PLAN-SER A	%	12/01/2027	100.000 / 100.000				1	300
WALLED LAKE MICH CONS SCH DIST REF	4.200%	05/01/2009			101.928 / 101.928	2.52% / 2.52%	1	100
WALLED LAKE MICH CONS SCH DIST REF	5.000%	05/01/2011			105.168 / 105.168	3.27% / 3.27%	2	30
WALLED LAKE MICH CONS SCH DIST SCH BLDG & SITE	4.125%	05/01/2014	102.654 / 102.654				1	10
WARREN MICH CONS SCH DIST CAP APPREC-REF-SER II	0.000%	05/01/2010			91.250 / 91.250	3.00% / 3.00%	1	5
WASHTENAW CNTY MICH LYNDON & SYLVAN TWP SEW DISP	4.000%	05/01/2013	103.080 / 103.080				1	5
WAYNE CHARTER CNTY MICH ARPT HOTEL-DETROIT MET ARPT-A	5.000%	12/01/2030			104.296 / 104.296	4.00% / 4.00%	3	120
WAYNE CHARTER CNTY MICH CAP IMPT-SER A	4.375%	02/01/2025			98.902 / 100.370	4.47% / 4.33%	2	165
WAYNE CHARTER CNTY MICH CAP IMPT-SER A	4.500%	02/01/2026			100.000 / 100.997	4.50% / 4.38%	3	120
WAYNE CHARTER CNTY MICH CAP IMPT-SER A	4.500%	02/01/2028			100.680 / 100.680	4.41% / 4.41%	1	5
WAYNE CHARTER CNTY MICH CAP IMPT-SER A	4.500%	02/01/2029			99.625 / 99.875	4.53% / 4.51%	12	195
WAYNE CHARTER CNTY MICH TAXABLE-ARPT HOTEL-DETROIT-B	6.150%	12/01/2010	106.067 / 106.067		106.367 / 106.367	3.70% / 3.70%	2	100
WAYNE CHARTER CNTY MICH TAXABLE-CAP IMPT-SER B	5.500%	02/01/2025			99.995 / 103.028	5.50% / 5.11%	3	115
WAYNE CHARTER CNTY MICH ARPT REV AMT-DETROIT MET WAYNE CNTY-A	5.000%	12/01/2019	100.030 / 100.030		101.630 / 101.630	4.10% / 4.10%	3	20
WAYNE CHARTER CNTY MICH ARPT REV AMT-DETROIT MET WAYNE CNTY-A	5.000%	12/01/2022			99.472 / 99.472	5.05% / 5.05%	3	30
WAYNE CHARTER CNTY MICH ARPT REV AMT