Trades and Prices for Michigan: 04/25/2008

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: 04/25/2008.

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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)
ALLEGAN MICH CAP IMPT	5.250%	05/01/2029	99.250 / 99.250		102.570 / 102.570	4.75% / 4.75%	2	50
ALLEGAN MICH PUB SCH DIST REF	5.000%	05/01/2022			107.552 / 108.177	4.07% / 4.00%	4	155
ALLEN PARK MICH PUB SCH DIST REF	4.250%	05/01/2033	89.020 / 89.020		92.720 / 92.720	4.75% / 4.75%	3	50
ALMA MICH PUB SCHS SCH BLDG & SITE	4.000%	05/01/2015			103.400 / 103.400	3.26% / 3.26%	2	30
ALMA MICH PUB SCHS SCH BLDG & SITE	5.000%	05/01/2033			108.645 / 108.645	3.12% / 3.12%	3	30
ALMONT MICH CMNTY SCHS REF	4.500%	05/01/2026	98.030 / 98.030				3	225
ANCHOR BAY MICH SCH DIST REF	4.050%	05/01/2008	100.000 / 100.000				1	10
ANCHOR BAY MICH SCH DIST REF	4.150%	05/01/2009	99.832 / 99.832				1	20
ANN ARBOR MICH SCH DIST PUB SCHS SCH BLDG & SITE	4.000%	05/01/2011	101.182 / 101.182				1	5
ANN ARBOR MICH SEW DISP REV SER A	3.000%	07/01/2011			100.903 / 100.903	2.70% / 2.70%	3	225
ANN ARBOR MICH SEW DISP REV SER A	3.250%	07/01/2012			101.226 / 101.226	2.94% / 2.94%	4	800
ANN ARBOR MICH SEW DISP REV SER A	4.250%	07/01/2024			100.499 / 100.499	4.19% / 4.19%	2	100
ANN ARBOR MICH SEW DISP REV SER A	4.750%	07/01/2032			101.201 / 101.201	4.60% / 4.60%	2	100
ANN ARBOR MICH WTR SUPPLY SYS REV SER A	3.000%	02/01/2013			100.188 / 100.188	2.96% / 2.96%	2	200
ANN ARBOR MICH WTR SUPPLY SYS REV SER A	4.000%	02/01/2015			104.260 / 104.260	3.29% / 3.29%	4	400
ANN ARBOR MICH WTR SUPPLY SYS REV SER A	4.000%	02/01/2021			99.800 / 99.800	4.02% / 4.02%	10	350
ANN ARBOR MICH WTR SUPPLY SYS REV SER A	4.500%	02/01/2023			102.650 / 102.650	4.17% / 4.17%	2	30
ANN ARBOR MICH WTR SUPPLY SYS REV SER A	4.500%	02/01/2024			101.375 / 101.375	4.33% / 4.33%	2	30
ANN ARBOR MICH WTR SUPPLY SYS REV SER Z	3.000%	02/01/2009			100.361 / 100.361	2.51% / 2.51%	1	35
BANGOR TWP MICH SCH DIST SCH BLDG & SITE	4.000%	05/01/2018	98.100 / 98.100				2	20
BATTLE CREEK MICH SCH DIST SCH BLDG & SITE	5.000%	05/01/2037			103.293 / 103.293	4.55% / 4.55%	1	25
BELLAIRE MICH PUB SCH DIST SCH BLDG & SITE	5.125%	05/01/2036	101.396 / 101.396				3	150
BERRIEN CNTY MICH SAN SEW DISP SYS NO 24-COLOMA	5.200%	05/01/2008	100.000 / 100.000				1	35
BIRMINGHAM CSO DRAIN DIST MICH REF	4.000%	10/01/2011			104.560 / 104.560	2.60% / 2.60%	2	280
BRANDON SCH DIST MICH SCH BLDG & SITE	5.000%	05/01/2023			106.090 / 106.190	4.10% / 4.08%	2	110
BRIGHTON MICH AREA SCH DIST CAP APPREC-REF-SER II	0.000%	05/01/2017			69.629 / 69.629	4.06% / 4.06%	2	50
BRIGHTON MICH AREA SCH DIST CAP APPREC-REF-SER II	0.000%	05/01/2020	56.673 / 56.673		57.576 / 57.576	4.65% / 4.65%	4	400
BUENA VISTA TWP MICH	8.000%	04/01/2032			100.000 / 100.000	8.00% / 8.00%	4	65
CALEDONIA MICH CMNTY SCHS REF	4.750%	05/01/2022	98.000 / 98.000				1	10
CANTON CHARTER TWP MICH CAP IMPT	4.500%	04/01/2016	107.734 / 107.734		107.894 / 107.894	3.36% / 3.36%	4	800
CARRIER CREEK MICH DRAIN DRAIN DIST NO 326	5.000%	06/01/2024			105.307 / 105.307	4.13% / 4.13%	1	60
CEDAR SPRINGS MICH PUB SCH DIST REF	4.000%	05/01/2023			100.000 / 100.000	4.00% / 4.00%	4	150
CENTRAL MICH UNIV REVS GEN	5.000%	10/01/2027	99.750 / 99.750				2	100
CHARLES STEWART MOTT CMNTY COLLEGE MICH CMNTY COLLEGE FACS	3.000%	05/01/2008	100.000 / 100.000				1	15
CHARLES STEWART MOTT CMNTY COLLEGE MICH CMNTY COLLEGE FACS	5.000%	05/01/2015	106.084 / 106.084				1	25
CHARLES STEWART MOTT CMNTY COLLEGE MICH CMNTY COLLEGE FACS	4.375%	05/01/2021			102.274 / 103.149	4.10% / 3.99%	5	355
CHARLOTTE MICH PUB SCH DIST	4.750%	05/01/2018	102.015 / 102.015				1	10
CHARLOTTE MICH PUB SCH DIST REF	5.000%	05/01/2017			109.050 / 109.050	3.53% / 3.53%	1	30
CHELSEA MICH ECONOMIC DEV CORP LTD OBLIG REV REF-UTD METHODIST RETIREMENT	5.300%	11/15/2011	100.127 / 100.127				3	75
CHIPPEWA VALLEY MICH SCHS REF	4.500%	05/01/2024			101.911 / 101.911	4.23% / 4.23%	1	200
CLARKSTON MICH CMNTY SCHS	3.125%	05/01/2009			100.615 / 100.615	2.50% / 2.50%	2	100
CLARKSTON MICH CMNTY SCHS REF	4.000%	05/01/2013	103.500 / 103.500				1	135
CLARKSTON MICH CMNTY SCHS REF	5.000%	05/01/2016	105.900 / 105.900				3	60
CLAWSON MICH IMPT	3.750%	05/01/2022			100.262 / 100.262	3.72% / 3.72%	2	590
CLAWSON MICH IMPT	3.750%	05/01/2023			99.850 / 99.850	3.76% / 3.76%	2	620
CLAWSON MICH IMPT	3.850%	05/01/2027			98.672 / 98.672	3.95% / 3.95%	2	2000
CLINTON CNTY MICH CAP IMPT	3.250%	05/01/2009	100.383 / 100.383				1	25
CLINTON TWP MICH ECONOMIC DEV CORP LTD OBLIG REV VAR-OMEGA PLASTICS INC PROJ	%	06/01/2019			100.000 / 100.000		1	50
COLDWATER MICH CMNTY SCHS BLDG & SITE BDS	5.000%	05/01/2021	103.442 / 103.442				1	5
DE WITT MICH PUB SCHS REF	5.000%	05/01/2023			104.730 / 105.305	4.41% / 4.34%	10	1290
DEARBORN MICH SCH DIST	4.250%	05/01/2011			103.563 / 103.563	3.00% / 3.00%	1	95
DEARBORN MICH SCH DIST REF	5.000%	05/01/2012	104.818 / 104.818				2	20
DEARBORN MICH SCH DIST REF	5.000%	05/01/2017			111.235 / 111.498	3.53% / 3.50%	4	175
DETROIT MICH REF-CAP IMPT-SER B	5.000%	04/01/2019	101.736 / 101.736		104.736 / 104.736	4.25% / 4.25%	3	145
DETROIT MICH SER A	4.000%	04/01/2010	96.415 / 96.415		96.415 / 96.415	6.00% / 6.00%	2	20
DETROIT MICH SER B	5.000%	04/01/2016	106.117 / 106.117		108.867 / 108.867	3.70% / 3.70%	2	100
DETROIT MICH CITY SCH DIST REF-SCH BLDG & SITE IMPT-SER A	5.000%	05/01/2020	104.100 / 104.100		104.600 / 104.600	4.23% / 4.23%	2	50
DETROIT MICH CITY SCH DIST SCH BLDG & SITE IMPT-SER A	5.375%	05/01/2024			110.614 / 110.614	3.07% / 3.07%	3	1700
DETROIT MICH CITY SCH DIST SCH BLDG & SITE IMPT-SER B	5.000%	05/01/2009	101.710 / 101.710				2	50
DETROIT MICH CITY SCH DIST SCH BLDG & SITE IMPT-SER B	5.000%	05/01/2033			102.800 / 102.800	4.37% / 4.37%	2	170
DETROIT MICH CITY SCH DIST SER B	4.750%	05/01/2028					4	345
DETROIT MICH DOWNTOWN DEV AUTH TAX INCREMENT REV CAP APPREC	0.000%	07/01/2015	68.867 / 68.867				3	210
DETROIT MICH DOWNTOWN DEV AUTH TAX INCREMENT REV REF-DEV AREA NO 1 PROJS-A	4.750%	07/01/2025	96.384 / 96.384		99.384 / 99.384	4.80% / 4.80%	2	100
DETROIT MICH LOC DEV FIN AUTH REF-TAX INCREMENT-SR-SER A	5.375%	05/01/2018	87.500 / 87.500				1	5
DETROIT MICH SEW DISP REV PREREFUNDED	5.000%	07/01/2017	108.557 / 108.557		108.757 / 108.882	3.15% / 3.12%	3	1190+1
DETROIT MICH SEW DISP REV PREREFUNDED-REF-SR-LIEN-SER A	5.000%	07/01/2032	107.420 / 107.420				2	110
DETROIT MICH SEW DISP REV REF-SR LIEN-SER A	5.000%	07/01/2008			100.387 / 100.387	2.66% / 2.66%	2	60
DETROIT MICH SEW DISP REV UNREFUNDED BAL-REF-SR-LIEN-A	5.000%	07/01/2032	99.920 / 99.920				2	80
DETROIT MICH WTR SUPPLY SYS REV PREREFUNDED-SR LIEN-SER A	5.250%	07/01/2033	102.500 / 102.500				3	15
DETROIT MICH WTR SUPPLY SYS REV SECOND LIEN-A-RMKT 08/16/06	5.250%	07/01/2014			107.718 / 107.718	3.83% / 3.83%	2	40
DETROIT MICH WTR SUPPLY SYS REV SECOND LIEN-SER B	5.250%	07/01/2032	108.191 / 108.191				3	75
DETROIT MICH WTR SUPPLY SYS REV SR LIEN-B-RMKT 08/16/06	5.000%	07/01/2011			105.071 / 105.303	3.30% / 3.23%	6	1950
DETROIT MICH WTR SUPPLY SYS REV SR LIEN-B-RMKT 8/16/06AGC-ICC	5.000%	07/01/2019			108.118 / 108.574	3.83% / 3.77%	5	215
DETROIT MICH WTR SUPPLY SYS REV SR LIEN-SER A	4.750%	07/01/2022			101.906 / 101.906	4.33% / 4.33%	2	20
DETROIT MICH WTR SUPPLY SYS REV SR LIEN-SER A	5.000%	07/01/2034			100.990 / 100.990	4.78% / 4.78%	3	300
DETROIT MICH WTR SUPPLY SYS REV SR LIEN-SER A	5.750%	07/01/2012			109.808 / 109.808	3.22% / 3.22%	1	10
DETROIT MICH WTR SUPPLY SYS REV UNREFUNDED BAL-SECOND LIEN-B	5.000%	07/01/2034			101.127 / 102.127	4.75% / 4.53%	12	445
DOWAGIAC MICH UN SCH DIST PREREFUNDED	5.000%	05/01/2026	105.811 / 105.811		107.411 / 107.411	3.02% / 3.02%	2	30
EAST GRAND RAPIDS MICH PUB SCH DIST	5.750%	05/01/2015	102.436 / 102.436				1	20
EAST GRAND RAPIDS MICH PUB SCH DIST REF	5.000%	05/01/2025	99.603 / 99.603				3	30
EAST LANSING MICH ECONOMIC DEV CORP LTD OBLIG REV 1ST MTG-BURCHAM HILLS-B-1	5.250%	07/01/2037			84.700 / 87.700	6.42% / 6.16%	7	320
EAST LANSING MICH SCH DIST REF	4.000%	05/01/2009	100.675 / 100.675				1	25
EATON CNTY MICH SHARP DRAIN DRAIN DIST	3.250%	06/01/2010			100.523 / 100.523	2.99% / 2.99%	1	10
EDWARDSBURG MICH PUB SCHS REF-BLDG & SITE	4.500%	05/01/2027			100.000 / 100.000	4.50% / 4.50%	1	10
ELKTON PIGEON BAY PORT MICH SCH DIST	5.125%	05/01/2010	104.446 / 104.446				1	50
FARMINGTON MICH PUB SCH DIST REF	3.500%	05/01/2014	100.306 / 100.306				3	2895
FENNVILLE MICH PUB SCHS SCH BLDG & SITE	5.000%	05/01/2034	106.726 / 106.726				1	10
FENTON MICH AREA PUB SCHS REF	5.000%	05/01/2012	104.010 / 104.010				2	20
FENTON MICH AREA PUB SCHS SCH BLDG & SITE	4.500%	05/01/2025			102.045 / 102.045	4.20% / 4.20%	2	50
FERNDALE MICH SCH DIST REF	6.000%	05/01/2009			102.293 / 102.293	3.65% / 3.65%	2	40
FERRIS ST UNIV MICH REV REF-GEN	3.250%	10/01/2010			102.084 / 102.084	2.36% / 2.36%	2	40
FERRIS ST UNIV MICH REV REF-GEN	3.250%	10/01/2012			101.025 / 101.025	3.00% / 3.00%	2	100
FERRIS ST UNIV MICH REV REF-GEN	3.750%	10/01/2016			103.322 / 103.322	3.29% / 3.29%	3	75
FOREST HILLS MICH PUB SCHS SCH BLDG & SITE	4.375%	05/01/2020	100.353 / 100.353				3	165
GALESBURG-AUGUSTA MICH CMNTY SCHS	5.375%	05/01/2012			106.082 / 106.082	2.25% / 2.25%	2	240
GALESBURG-AUGUSTA MICH CMNTY SCHS REF	5.000%	05/01/2024	103.665 / 103.665		104.320 / 104.320	4.28% / 4.28%	8	590
GARDEN CITY MICH REF-SEW DISP SYS	4.500%	11/01/2009	102.357 / 102.357				2	50
GENESEE CNTY MICH SEW DISP SYS-FENTON TWP	4.500%	05/01/2023			102.000 / 102.000	4.12% / 4.12%	2	20
GIBRALTAR MICH SCH DIST REF	3.550%	05/01/2012			102.363 / 102.363	2.92% / 2.92%	1	75
GIBRALTAR MICH SCH DIST UNREFUNDED BAL-SCH BLDG & SITE	5.000%	05/01/2025			108.365 / 108.365	3.00% / 3.00%	1	10
GRAND RAPIDS & KENT CNTY MICH JT BLDG AUTH CAP APPREC-DEVOS PLACE PROJ	0.000%	12/01/2015			73.775 / 73.775	4.05% / 4.05%	1	15
GRAND RAPIDS MICH INDL DEV REV VAR-LTD OBLIG-PEARSON FOODS PJ	%	02/01/2028			100.000 / 100.000		1	20
GRAND RAPIDS MICH PUB SCHS SCH BLDG & SITE	4.250%	05/01/2024	96.808 / 96.808				2	100
GRAND RAPIDS MICH PUB SCHS SCH BLDG & SITE	4.250%	05/01/2026	94.125 / 94.125		97.660 / 97.660	4.44% / 4.44%	4	235
GRAND RAPIDS MICH PUB SCHS SCH BLDG & SITE	4.250%	05/01/2027	94.359 / 94.359				2	50
GRAND RAPIDS MICH SAN SWR SYS REV	5.125%	01/01/2025			104.625 / 106.500	4.36% / 4.07%	7	440
GRAND RAPIDS MICH WTR SUPPLY SYS REV REF	5.750%	01/01/2011					1	15
GRAND RAPIDS MICH WTR SUPPLY SYS REV REF-CONV 04/08/2008	4.450%	01/01/2020	101.093 / 101.093		102.765 / 103.708	4.10% / 3.98%	6	1440
GRAND TRAVERSE CNTY MICH BLDG AUTH	5.000%	05/01/2025	96.124 / 96.124				1	20
GRAND VALLEY MICH ST UNIV REV REF-GEN-SER A	3.500%	12/01/2010			102.740 / 102.740	2.40% / 2.40%	1	110
GRAND VALLEY MICH ST UNIV REV REF-GEN-SER A	3.500%	12/01/2012			102.886 / 102.886	2.82% / 2.82%	2	40
GRANDVILLE MICH PUB SCHS DIST REF	4.000%	05/01/2010			102.912 / 102.912	2.50% / 2.50%	1	10
GRATIOT CNTY MICH DRAIN DRAIN DIST NO 96	3.000%	06/01/2011			101.326 / 101.326	2.55% / 2.55%	1	10
GREENVILLE MICH PUB SCHS REF	5.000%	05/01/2017	111.030 / 111.030		111.190 / 111.190	3.54% / 3.54%	4	800
HARPER CREEK MICH CMNTY SCH DIST PREREFUNDED	5.125%	05/01/2031			105.058 / 105.058	3.34% / 3.34%	1	10
HARPER CREEK MICH CMNTY SCH DIST UNREFUNDED BALANCE	5.125%	05/01/2031			105.058 / 105.058	3.34% / 3.34%	1	10
HEALTHSOURCE SAGINAW INC. SAGINAW CNTY MICH	5.000%	05/01/2029	99.406 / 99.406				1	25
HEMLOCK MICH PUB SCH DIST REF	2.750%	05/01/2009			100.535 / 100.535	2.21% / 2.21%	2	200
HOLLAND MICH ECONOMIC DEV CORP ECONOMIC DEV REV FLTG RATE-THRIFTY HOLLAND INC	1.650%	03/01/2013			100.000 / 100.000		1	1000
HOLLY MICH	4.375%	10/01/2025	94.844 / 94.844				2	100
HOLLY MICH AREA SCH DIST	4.500%	05/01/2029			98.662 / 98.662	4.60% / 4.60%	1	10
HOLT MICH PUB SCHS REF	5.000%	05/01/2015	106.916 / 106.916				1	20
HOWELL MICH PUB SCHS	5.875%	05/01/2019	102.508 / 102.508				1	10
HOWELL MICH PUB SCHS SCH BLDG & SITE	5.000%	05/01/2011					1	200
HOWELL TWP MICH SPL ASSMT	4.000%	05/01/2016	98.131 / 98.131				1	25
HUDSONVILLE MICH PUB SCHS REF	5.000%	05/01/2012	105.679 / 105.679				2	20
HURON VALLEY MICH SCH DIST CAP APPREC-REF-MBIA-IBC	0.000%	05/01/2019			61.615 / 61.615	4.45% / 4.45%	1	25
HURON VALLEY MICH SCH DIST REF	3.750%	05/01/2016			101.382 / 101.382	3.55% / 3.55%	2	400
INKSTER MICH	4.000%	03/01/2009	99.819 / 99.819		100.816 / 100.816	3.00% / 3.00%	2	20
JACKSON CNTY MICH BLDG AUTH	5.600%	05/01/2013			106.027 / 106.027	2.50% / 2.50%	1	125
JACKSON CNTY MICH ECONOMIC DEV CORP LTD OBLIG REV VAR-MELLING TOOL CO PROJ	%	12/01/2010			100.000 / 100.000		2	855
KALAMAZOO MICH HOSP FIN AUTH HOSP FAC REV BRONSON METHODIST HOSP	%	05/01/2036	100.000 / 100.000		100.000 / 100.000	0.00% / 0.00%	2	450+1
KALAMAZOO MICH HOSP FIN AUTH HOSP FAC REV REF-BORGESS MED CTR-SER A	5.250%	06/01/2017	98.000 / 98.000				1	5
KALAMAZOO MICH HOSP FIN AUTH HOSP FAC REV REF-BRONSON HOSP-A-RMK 4/30/08	2.650%	05/15/2009			100.000 / 100.000	2.65% / 2.65%	1	600
KALAMAZOO MICH HOSP FIN AUTH HOSP FAC REV REF-BRONSON HOSP-A-RMK 4/30/08	4.000%	05/15/2010			101.905 / 101.905	3.03% / 3.03%	6	2125+1
KALAMAZOO MICH HOSP FIN AUTH HOSP FAC REV REF-BRONSON HOSP-B-RMK 5/07/08	2.650%	05/15/2009			100.000 / 100.000	2.65% / 2.65%	1	+1
KALAMAZOO MICH HOSP FIN AUTH HOSP FAC REV REF-BRONSON HOSP-B-RMK 5/07/08	4.000%	05/15/2010			102.342 / 102.342	2.80% / 2.80%	4	2000+1
KENT CNTY MICH CAP IMPT-SER A	3.800%	12/01/2017	99.210 / 99.210		100.860 / 100.860	3.65% / 3.65%	2	20
KENT CNTY MICH BLDG AUTH	4.700%	06/01/2010	99.800 / 99.800				2	100
KENT CNTY MICH BLDG AUTH REF	5.000%	06/01/2014			108.355 / 108.355	3.46% / 3.46%	3	60
KENT HOSP FIN AUTH MICH REV MET HOSP PJ-SER A	5.250%	07/01/2030			92.000 / 94.875	5.90% / 5.66%	3	75
KENT HOSP FIN AUTH MICH REV REF-SPECTRUM HEALTH-SER A	5.375%	01/15/2010			101.528 / 101.528	2.75% / 2.75%	1	35
KENT HOSP FIN AUTH MICH REV REF-SPECTRUM HLTH SYS-SER A	4.250%	01/15/2047			100.500 / 101.000	4.22% / 4.20%	3	70
KENT HOSP FIN AUTH MICH REV VAR-REF-SPECTRUM HLTH-B	%	01/15/2026			100.000 / 100.000	0.00% / 0.00%	2	+2
KENTWOOD MICH BLDG AUTH	4.000%	04/01/2009	100.977 / 100.977				1	35
KENTWOOD MICH PUB SCHS	5.000%	05/01/2012			107.485 / 107.485	3.00% / 3.00%	1	50
LAKE FENTON MICH CMNTY SCHS	5.000%	05/01/2019			107.451 / 107.451	3.01% / 3.01%	1	250
LANSE CREUSE MICH PUB SCHS SCH BLDG & SITE	3.250%	05/01/2010			101.554 / 101.554	2.45% / 2.45%	2	100
LANSE CREUSE MICH PUB SCHS SCH BLDG & SITE BDS	5.000%	05/01/2009	101.571 / 101.571				1	15
LANSE CREUSE MICH PUB SCHS SCH BLDG & SITE BDS	5.125%	05/01/2013	104.341 / 104.341				1	25
LANSING MICH MICH TRANSN FD	3.250%	05/01/2010			101.653 / 101.653	2.39% / 2.39%	1	100
LANSING MICH MICH TRANSN FD	3.250%	05/01/2011			101.593 / 101.593	2.69% / 2.69%	1	100
LANSING MICH MICH TRANSN FD	3.250%	05/01/2012			101.231 / 101.231	2.92% / 2.92%	4	280
LANSING MICH MICH TRANSN FD	3.500%	05/01/2013			102.064 / 102.064	3.05% / 3.05%	4	345
LANSING MICH MICH TRANSN FD	3.500%	05/01/2014			101.675 / 101.675	3.19% / 3.19%	1	150
LANSING MICH MICH TRANSN FD	3.500%	05/01/2015			100.926 / 100.926	3.35% / 3.35%	3	115
LANSING MICH BRD WTR & LT WTR SUPPLY STEAM & ELEC UTIL SYS REF-SER A	5.000%	07/01/2014			109.332 / 109.332	3.31% / 3.31%	1	40
LANSING MICH BRD WTR & LT WTR SUPPLY STEAM & ELEC UTIL SYS SER A	5.000%	07/01/2032			102.981 / 104.850	4.63% / 4.40%	4	95
LANSING MICH CMNTY COLLEGE	5.000%	05/01/2012			107.486 / 107.486	3.00% / 3.00%	1	50
LANSING MICH SEW DISP SYS REV REF	4.000%	05/01/2016	99.495 / 99.495				1	25
LAPEER MICH CMNTY SCHS SCH BLDG & SITE	5.000%	05/01/2018	110.726 / 110.726		110.886 / 110.886	3.69% / 3.69%	4	800
LAPEER MICH ECONOMIC DEV CORP REV VAR-DEV-H & H TOOL INC PROJ	%	08/01/2031			100.000 / 100.000		1	50
LAWTON MICH CMNTY SCHS PREREFUNDED	5.000%	05/01/2031	103.549 / 103.549		105.603 / 105.603	3.29% / 3.29%	2	20
LAWTON MICH CMNTY SCHS UNREFUNDED BALANCE	5.000%	05/01/2031	96.300 / 96.300				2	10
LINCOLN MICH CONS SCH DIST REF	5.000%	05/01/2013			109.208 / 109.208	3.00% / 3.00%	3	1050
LINCOLN PK MICH SCH DIST REF	3.500%	05/01/2015			102.068 / 102.818	3.17% / 3.05%	4	150
LIVINGSTON CNTY MICH SEW DISPOSAL-HANDY TWP IMPTS	4.000%	06/01/2011	102.208 / 102.208				1	15
LIVONIA MICH MUN BLDG AUTH	5.000%	05/01/2027	103.510 / 103.510		104.954 / 104.954	2.45% / 2.45%	2	40
LOWELL MICH AREA SCHS VAR	%	05/01/2029			100.000 / 100.000		1	95
MACOMB TWP MICH BLDG AUTH	4.250%	04/01/2024	95.676 / 95.676				2	100
MARYSVILLE MICH PUB SCHS DIST REF	4.450%	05/01/2008	100.000 / 100.000				1	10
MASON CNTY MICH HOSP FIN AUTH HOSP FACS REV REF-MEMORIAL MED CTR WEST MICH	7.250%	06/01/2008	95.510 / 95.510				3	15
MASON MICH PUB SCHS DIST REF-SCH BLDG & SITE	4.000%	05/01/2011			103.851 / 103.851	2.66% / 2.66%	1	10
MERIDIAN MICH ECONOMIC DEV CORP LTD OBLIG REV REF-1ST MTG-BURCHAM HILLS-A-1	5.250%	07/01/2026					1	100
MESICK MICH CONS SCH REF	3.000%	05/01/2010			100.000 / 100.000	3.00% / 3.00%	2	80
MICHIGAN HIGHER ED FACS AUTH REV LTD OBLIG-CALVIN COLLEGE PJ	5.650%	12/01/2014	104.625 / 104.625				3	45
MICHIGAN HIGHER ED FACS AUTH REV VAR-TAXABLE-LTD OBLIG-HOPE-A	%	10/01/2016	100.000 / 100.000				1	230
MICHIGAN HIGHER ED STUDENT LN AUTH REV STUDENT LN-SER XVII-G	5.450%	09/01/2026			101.078 / 101.078	5.17% / 5.17%	2	110
MICHIGAN HIGHER ED STUDENT LN AUTH REV STUDENT LN-SER XVII-Q	4.950%	03/01/2026			94.032 / 94.897	5.48% / 5.40%	7	440
MICHIGAN MUN BD AUTH REV AMBAC-LOC GOVT LN PG-D	4.000%	05/01/2010			102.973 / 102.973	2.47% / 2.47%	3	300
MICHIGAN MUN BD AUTH REV CAP APPREC-LOC GOVT LN-SER C-A	0.000%	06/15/2012	85.156 / 85.156				2	40
MICHIGAN MUN BD AUTH REV DRINKING WTR-ST REVOLVING FD	5.250%	10/01/2015			109.949 / 109.949	3.50% / 3.50%	1	+1
MICHIGAN MUN BD AUTH REV LOC GOVT LN PG-SER B-GROUP A	5.000%	12/01/2020			107.651 / 107.651	3.99% / 3.99%	3	90
MICHIGAN MUN BD AUTH REV LOC GOVT LN PROG-SER A	4.800%	11/01/2015	101.965 / 101.965				1	10
MICHIGAN MUN BD AUTH REV LOC GOVT LN PROG-SER B	4.375%	05/01/2013			101.890 / 101.890	3.86% / 3.86%	1	20
MICHIGAN MUN BD AUTH REV SHARING-LOC GOVT LN PROG-D	4.000%	11/01/2014			102.890 / 102.890	3.50% / 3.50%	1	10
MICHIGAN MUN BD AUTH REV TAXABLE-LOC GOVT LN-AMBAC-4-A	5.900%	05/01/2028					2	70
MICHIGAN MUN BD AUTH REV VAR-REF-TAXABLE-SCH LN-A-2	%	09/01/2048			100.000 / 100.000	0.00% / 0.00%	1	1000
MICHIGAN PUB PWR AGY REV COMBUSTION TURBINE NO 1 PJ-A	4.500%	01/01/2010	102.239 / 102.239				1	25
MICHIGAN PUB PWR AGY REV COMBUSTION TURBINE NO 1 PJ-A	5.250%	01/01/2013	104.270 / 104.270		104.969 / 104.969	3.79% / 3.79%	2	50
MICHIGAN PUB PWR AGY REV REF-BELLE RIVER PROJ-SER A	5.250%	01/01/2012			107.686 / 107.686	3.02% / 3.02%	1	25
MICHIGAN PUB PWR AGY REV REF-CAMPBELL PROJ-SER A	5.500%	01/01/2009	100.000 / 100.000		101.640 / 101.640	3.00% / 3.00%	2	10
MICHIGAN ST CLEAN MICH INITIATIVE PROG	5.000%	11/01/2011	106.006 / 106.006				1	75
MICHIGAN ST CLEAN MICH INITIATIVE PROG	5.000%	11/01/2014			107.476 / 107.476	2.75% / 2.75%	1	50
MICHIGAN ST ENVIRONMENTAL PROG-SER A	5.000%	05/01/2009			102.711 / 102.711	2.25% / 2.25%	1	25
MICHIGAN ST ENVIRONMENTAL PROTN PROG	5.000%	11/01/2014			101.290 / 101.290	2.40% / 2.40%	2	40
MICHIGAN ST GRANT ANTIC BDS	4.250%	09/15/2009	102.472 / 102.472				1	75
MICHIGAN ST GRANT ANTIC BDS	5.000%	09/15/2013	107.270 / 107.270		107.520 / 107.520	3.46% / 3.46%	2	30
MICHIGAN ST GRANT ANTIC BDS	5.000%	09/15/2016			109.989 / 109.989	3.61% / 3.61%	2	60
MICHIGAN ST REF	5.250%	12/01/2010	102.500 / 102.500				3	15
MICHIGAN ST REF-ENVIRONMENTAL PROG-SER C	5.000%	05/01/2012			107.490 / 107.490	3.00% / 3.00%	2	200
MICHIGAN ST REF-TAXABLE-ENVIRONMENTAL PG-B	4.920%	05/01/2017			98.997 / 98.997	5.06% / 5.06%	1	50
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-IA-AGC-ICC	0.000%	10/15/2017			65.139 / 66.516	4.58% / 4.35%	16	830
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-IA-AGC-ICC	0.000%	10/15/2018			61.267 / 62.149	4.74% / 4.60%	7	370
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-IA-AGC-ICC	0.000%	10/15/2019			56.821 / 58.146	5.00% / 4.79%	16	1940
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-IA-FGIC-FSA-CR	0.000%	10/15/2023	46.971 / 46.971		48.400 / 48.400	4.67% / 4.67%	5	300
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA	0.000%	10/15/2029	30.000 / 30.000		28.134 / 28.134	6.00% / 6.00%	3	350
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA-AGC-ICC	0.000%	10/15/2021			50.908 / 51.109	5.08% / 5.05%	5	2185
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA-AGC-ICC	0.000%	10/15/2022			47.906 / 47.906	5.16% / 5.16%	1	215
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA-AGC-ICC	0.000%	10/15/2023	44.413 / 44.413		44.665 / 45.565	5.28% / 5.15%	3	170
MICHIGAN ST BLDG AUTH REV CAP APPREC-REF-SER IA-AGC-ICC	0.000%	10/15/2024	41.074 / 42.051		42.185 / 42.591	5.31% / 5.25%	6	1890
MICHIGAN ST BLDG AUTH REV FACS PROGRAM-SER I	5.000%	10/15/2017			107.395 / 107.395	2.74% / 2.74%	1	50
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER 1	4.750%	10/15/2017			101.015 / 101.760	4.03% / 3.50%	7	3150+1
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER 1	4.750%	10/15/2021	99.555 / 99.555				1	50
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER I	5.000%	10/15/2009	103.565 / 103.565				2	350
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER I	5.250%	10/15/2012					1	125
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER I-MBIA IBC	5.200%	10/15/2021			105.157 / 105.157	3.60% / 3.60%	2	80
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER II	5.000%	10/15/2029			102.668 / 102.668	4.44% / 4.44%	3	600
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER II	5.000%	10/15/2033	99.850 / 99.850		101.500 / 102.250	4.76% / 4.64%	4	80
MICHIGAN ST BLDG AUTH REV REF-FACS PROG-SER III	5.000%	10/15/2026	105.552 / 107.112		107.637 / 107.637	3.15% / 3.15%	6	5000+1
MICHIGAN ST COMPREHENSIVE TRANSN	4.750%	05/15/2020			108.130 / 108.130	3.00% / 3.00%	1	25
MICHIGAN ST COMPREHENSIVE TRANSN REF-SER A	4.250%	11/01/2009			102.808 / 102.808	2.34% / 2.34%	1	25
MICHIGAN ST COMPREHENSIVE TRANSN SER B	5.250%	05/15/2010	105.344 / 105.344				1	1000
MICHIGAN ST HOSP FIN AUTH REV ASCENSION HLTH CREDIT-SER A	6.000%	11/15/2019			106.221 / 106.221	2.50% / 2.50%	1	190
MICHIGAN ST HOSP FIN AUTH REV ASCENSION HLTH CREDIT-SER A	6.125%	11/15/2023			106.175 / 106.175	2.65% / 2.65%	1	5
MICHIGAN ST HOSP FIN AUTH REV HOSP-HENRY FORD HLTH SYS-SER A	6.000%	11/15/2024	104.292 / 104.292				1	25
MICHIGAN ST HOSP FIN AUTH REV MERCY HLTH SVCS-SER W	5.250%	08/15/2027			104.101 / 104.101	-37.04% / -37.04%	2	120
MICHIGAN ST HOSP FIN AUTH REV REF-HENRY FORD HEALTH SYS-A	5.250%	11/15/2032	97.250 / 98.000		100.500 / 101.000	5.18% / 5.10%	24	795+1
MICHIGAN ST HOSP FIN AUTH REV REF-HENRY FORD HEALTH SYS-A	5.000%	11/15/2038			97.410 / 99.000	5.17% / 5.07%	3	25
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-DETROIT MEDICAL GRP-A	5.250%	08/15/2027	98.500 / 98.500				1	30
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-HENRY FORD HLTH SYS	6.000%	09/01/2012	109.980 / 109.980				1	5
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-OAKWOOD OBLIG GRP-A	5.000%	07/15/2037			95.323 / 96.277	5.32% / 5.25%	15	2300
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-PORT HURON HOSP OBLIG	5.500%	07/01/2015			100.260 / 100.260	1.85% / 1.85%	1	5
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-SPARROW OBLIGATED	5.000%	11/15/2031			99.997 / 99.997	5.00% / 5.00%	6	55
MICHIGAN ST HOSP FIN AUTH REV REF-HOSP-ST JOHN HOSP-SER A	6.000%	05/15/2008			100.146 / 100.146	2.18% / 2.18%	2	20
MICHIGAN ST HOSP FIN AUTH REV REF-MCLAREN HLTH-A-MBIA IBC	5.000%	06/01/2028			100.250 / 100.250	4.87% / 4.87%	1	40
MICHIGAN ST HOSP FIN AUTH REV REF-MIDMICHIGAN OBLIG GRP-A	5.250%	06/01/2013	101.480 / 101.480				1	150
MICHIGAN ST HOSP FIN AUTH REV REF-OAKWOOD OBLIG GRP-SER A	5.000%	08/15/2031			97.000 / 97.000	5.22% / 5.22%	1	15
MICHIGAN ST HOSP FIN AUTH REV REF-TRINITY HEALTH CREDIT-C	5.375%	12/01/2030	100.457 / 100.457		104.427 / 104.427	4.30% / 4.30%	3	115
MICHIGAN ST HOSP FIN AUTH REV VAR-TRINITY HEALTH GROUP-SER B	%	12/01/2032	100.000 / 100.000				1	375
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV AMT-SER D	5.125%	04/01/2036			98.258 / 98.258	5.24% / 5.24%	1	20
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV VAR-AMT-SER A	%	10/01/2040	100.000 / 100.000		100.000 / 100.000	0.00% / 0.00%	2	+2
MICHIGAN ST HSG DEV AUTH RENTAL HSG REV VAR-SER B	%	04/01/2019	100.000 / 100.000		100.000 / 100.000		6	3000
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV AMT-SER B2	%	06/01/2024	100.000 / 100.000		100.000 / 100.000		2	+2
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV TAXABLE-SER C	%	12/01/2020	100.000 / 100.000		100.000 / 100.000		2	+2
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-SER A	%	12/01/2016	100.000 / 100.000		100.000 / 100.000		2	+2
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-TAXABLE-SER C	%	06/01/2030	100.000 / 100.000		100.000 / 100.000		2	+2
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV VAR-TAXABLE-SER C	%	06/01/2039	100.000 / 100.000		100.000 / 100.000		2	1100
MICHIGAN ST STRATEGIC FD LTD OBLIG REV ADJ-REF-DOW CHEMICAL PJ-A-2	5.500%	12/01/2028			101.300 / 101.300		1	25
MICHIGAN ST STRATEGIC FD LTD OBLIG REV PREREFUNDED-PORTER HILLS VLG	5.300%	07/01/2018			101.373 / 101.373	3.00% / 3.00%	2	60
MICHIGAN ST STRATEGIC FD LTD OBLIG REV REF-AMT-DETROIT ED CO PJ-SER A	4.875%	06/01/2029			95.439 / 95.439	5.23% / 5.23%	2	20
MICHIGAN ST STRATEGIC FD LTD OBLIG REV REF-DETROIT ED CO PROJ-SER B	4.650%	10/01/2028			100.000 / 100.750	4.65% / 4.50%	4	20
MICHIGAN ST STRATEGIC FD LTD OBLIG REV REF-DETROIT EDISON CO-SER A	5.550%	09/01/2029	96.250 / 96.250		101.672 / 101.672	5.00% / 5.00%	4	55
MICHIGAN ST STRATEGIC FD LTD OBLIG REV REF-DETROIT EDISON POLL CTL-C	5.450%	09/01/2029					2	20
MICHIGAN ST STRATEGIC FD LTD OBLIG REV TAXABLE-MICH HSE REP FACS-B	4.000%	10/15/2011			100.000 / 100.000	4.00% / 4.00%	1	30
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-CENTERLINE ENGINEERING	%	09/01/2042			100.000 / 100.000		1	50
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-CUSTOM PROFILE INC PROJ	%	05/01/2032			100.000 / 100.000		1	50
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-GREAT LAKES METAL STAMPING	%	12/01/2014			100.000 / 100.000		1	800
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-HAUSBECK PICKLE CO PROJ	%	03/01/2030			100.000 / 100.000		1	50
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-HENRY FORD MUSEUM VLG PJ	%	12/01/2033	100.000 / 100.000				1	100
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-KENT QUALITY FOOD INC PJ	%	04/01/2027			100.000 / 100.000		1	20
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-PIERCE FNDTN PROJ	%	10/01/2040	100.000 / 100.000				1	50
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-REF-HAVEN PARK CHRISTIAN	%	02/01/2029			100.000 / 100.000		1	40
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-REF-R Z CO PJ	%	12/01/2023			100.000 / 100.000		1	100
MICHIGAN ST STRATEGIC FD LTD OBLIG REV VAR-REF-VAN ANDEL RESEARCH	%	04/01/2043	100.000 / 100.000		100.000 / 100.000	0.00% / 0.00%	5	+5
MICHIGAN ST STRATEGIC FD SOLID WASTE DISP REV REF-LTD OBLIG-WASTE MGMT	4.500%	12/01/2013			95.751 / 97.583	5.39% / 5.00%	20	375+3
MICHIGAN ST TRUNK LINE FD	5.000%	09/01/2011			106.660 / 106.660	2.89% / 2.89%	1	100
MICHIGAN ST TRUNK LINE FD REF	5.250%	10/01/2013	102.717 / 102.717		105.014 / 105.014	4.00% / 4.00%	2	20
MICHIGAN ST TRUNK LINE FD REF-SER B	5.000%	09/01/2010			105.542 / 105.542	2.54% / 2.54%	1	50
MICHIGAN ST UNIV REVS VAR-GEN-SER 2000-A	%	08/15/2030	100.000 / 100.000		100.000 / 100.000		2	200
MICHIGAN ST UNIV REVS VAR-GEN-SER A	%	08/15/2030	100.000 / 100.000				1	+1
MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET SR-SER A	6.000%	06/01/2034			100.000 / 100.000	6.00% / 6.00%	1	10
MICHIGAN TOB SETTLEMENT FIN AUTH TOB SETTLEMENT ASSET TAXABLE-TURBO-SER A	7.309%	06/01/2034			91.000 / 91.000	8.14% / 8.14%	1	50
MILFORD CHARTER TWP MICH SPL ASSMT	4.000%	11/01/2019			100.000 / 100.000	4.00% / 4.00%	5	225
MONROE CNTY MICH SEW DISP SYS-BERLIN SYS NO 2	4.250%	05/01/2008	100.000 / 100.000				1	10
MONTROSE MICH CMNTY SCHS REF	4.000%	05/01/2011			103.549 / 103.549	2.76% / 2.76%	1	15
MOUNT CLEMENS MICH CMNTY SCH DIST SCH BLDG & SITE	5.000%	05/01/2022	105.693 / 105.693		106.941 / 106.941	2.90% / 2.90%	2	60
MUSKEGON CNTY MICH WTR SUPPLY SYS	4.750%	11/01/2032			96.490 / 96.490	5.00% / 5.00%	1	10
MUSKEGON CNTY MICH ECONOMIC DEV CORP REV VAR-LTD OBLIG-BAKER COLLEGE	%	12/01/2021			100.000 / 100.000		1	20
MUSKEGON HEIGHTS MICH WTR SYS REV SER A	5.625%	11/01/2025			106.632 / 106.632	2.86% / 2.86%	1	75
NEW BUFFALO MICH AREA SCHS REF-SCH BD LN FD-SER A	3.500%	05/01/2012			102.890 / 102.890	2.73% / 2.73%	2	50
NORTHVILLE MICH PUB SCHS	4.125%	05/01/2011			103.090 / 103.090	3.04% / 3.04%	2	60
NORTHVILLE MICH PUB SCHS REF	3.500%	05/01/2010	101.096 / 101.096				1	25
OAKLAND CNTY MICH TRIBUTE DRAINAGE DIST	4.200%	04/01/2022			100.075 / 100.075	4.18% / 4.18%	3	135
OAKLAND CNTY MICH ECONOMIC DEV CORP ECONOMIC DEV REV VAR-STRAITH HOSP SPL SURGERY	%	06/01/2034			100.000 / 100.000		1	+1
OSCODA MICH AREA SCHS DIST PREREFUNDED-BLDG & SITE	5.000%	05/01/2026			107.476 / 107.476	2.75% / 2.75%	1	50
OTTAWA CNTY MICH CROCKERY TWP SEW DISP SYS	4.375%	11/01/2024	96.455 / 96.455				2	30
PLYMOUTH-CANTON MICH CMNTY SCH DIST REF-SCH BLDG & SITE	5.250%	05/01/2018			112.238 / 112.238	3.77% / 3.77%	1	30
PONTIAC MICH HOSP FIN AUTH HOSP REV NOMC OBLIG GROUP	6.000%	08/01/2014			10.900 / 10.900	75.99% / 75.99%	3	30
PONTIAC MICH HOSP FIN AUTH HOSP REV NOMC OBLIG GROUP	6.000%	08/01/2018			10.900 / 10.900		3	75
PONTIAC MICH HOSP FIN AUTH HOSP REV NOMC OBLIG GROUP	6.000%	08/01/2023			10.900 / 10.900		3	45
PORTAGE MICH PUB SCHS SCH BLDG & SITE	4.000%	05/01/2025			96.407 / 96.407	4.30% / 4.30%	1	50
PORTAGE MICH PUB SCHS SCH BLDG & SITE	4.125%	05/01/2027			99.821 / 99.821	4.14% / 4.14%	3	60
ROCHESTER HILLS MICH CAP IMPT	3.750%	08/01/2010			102.718 / 102.718	2.50% / 2.50%	1	25
ROCKFORD MICH PUB SCHS REF-SER B	5.000%	05/01/2012	105.773 / 105.773		106.325 / 106.325	3.30% / 3.30%	2	100
ROCKPORT IND POLLUTION CTL REV REF-IND MICH PWR CO PROJ-SER D	5.250%	04/01/2025	96.940 / 96.940		99.440 / 99.440	5.30% / 5.30%	10	155
ROMULUS MICH CMNTY SCHS	6.000%	05/01/2029	103.730 / 103.730				1	945
ROMULUS MICH CMNTY SCHS REF	5.000%	05/01/2010			104.378 / 104.378	2.74% / 2.74%	3	45
ROYAL OAK MICH HOSP FIN AUTH HOSP REV VAR-REF-WILLIAM BEAUMONT-U	%	01/01/2020			100.000 / 100.000		3	+3
SAGINAW CNTY MICH ECONOMIC DEV CORP LTD OBLIG REV VAR-PEACE LUTHERAN SCH PROJ	%	01/01/2033			100.000 / 100.000		1	485
SALINE MICH AREA SCHS SER A	4.750%	05/01/2009			102.414 / 102.414	2.29% / 2.29%	2	100
SOUTH LYON MICH CMNTY SCHS	5.500%	05/01/2023			105.299 / 105.299	2.76% / 2.76%	1	15
SOUTH LYON MICH CMNTY SCHS SCH BLDG & SITE-SER II	3.750%	05/01/2011	100.753 / 100.753		101.994 / 101.994	3.05% / 3.05%	2	20
SOUTH MACOMB DISP AUTH MICH REV	5.375%	09/01/2011			106.481 / 106.481	2.50% / 2.50%	2	150
SOUTH REDFORD MICH SCH DIST SCH BLDG & SITE	5.000%	05/01/2026			103.375 / 104.748	4.43% / 4.21%	12	3055
SOUTHFIELD MICH LIBR BLDG AUTH REF	5.250%	05/01/2022			106.844 / 106.844	4.12% / 4.12%	4	730
SPRING LAKE MICH PUB SCHS SCH BLDG & SITE	4.375%	05/01/2023	97.021 / 97.021				1	25
STURGIS MICH PUB SCH DIST SCH BLDG & SITE	5.625%	05/01/2025	104.045 / 104.045				2	20
TRAVERSE CITY MICH AREA PUB SCHS SCH BLDG & SITE	3.000%	05/01/2010			100.969 / 100.969	2.50% / 2.50%	1	125
TRAVERSE CITY MICH AREA PUB SCHS SCH BLDG & SITE	3.000%	05/01/2011			101.436 / 101.436	2.50% / 2.50%	2	525
TRAVERSE CITY MICH AREA PUB SCHS SCH BLDG & SITE	3.375%	05/01/2014			100.459 / 100.459	3.29% / 3.29%	1	25
TRAVERSE CITY MICH AREA PUB SCHS SCH BLDG & SITE	3.500%	05/01/2015			100.929 / 100.929	3.35% / 3.35%	6	1100
TRAVERSE CITY MICH AREA PUB SCHS SCH BLDG & SITE	3.375%	05/01/2017			100.379 / 100.379	3.33% / 3.33%	1	500
TROY MICH DOWNTOWN DEV AUTH CMNTY CTR FACS	4.300%	11/01/2017			101.600 / 101.600	3.81% / 3.81%	1	5
TROY MICH DOWNTOWN DEV AUTH REF & DEV	5.000%	11/01/2009			103.965 / 103.965	2.30% / 2.30%	1	25
UNIVERSITY MICH UNIV REVS GEN-SER A	5.000%	04/01/2012					2	300
UNIVERSITY MICH UNIV REVS VAR-GEN-SER A	%	04/01/2038	100.000 / 100.000		100.000 / 100.000		5	2500+2
UNIVERSITY MICH UNIV REVS VAR-GEN-SER B	%	04/01/2035	100.000 / 100.000		100.000 / 100.000		2	200
UNIVERSITY MICH UNIV REVS VAR-HOSP-SER A	%	12/01/2035	100.000 / 100.000		100.000 / 100.000		2	+2
UNIVERSITY MICH UNIV REVS VAR-HOSP-SER A	%	12/01/2027	100.000 / 100.000				1	+1
UNIVERSITY MICH UNIV REVS VAR-HOSP-SER B	%	12/01/2037	100.000 / 100.000		100.000 / 100.000		2	+2
VAN BUREN CNTY MICH REF-CASCO-SOUTH HAVEN WASTEWTR	3.000%	05/01/2008	99.500 / 99.500				1	10
VICKSBURG MICH CMNTY SCHS CAP APPREC-REF	0.000%	05/01/2020			59.064 / 59.064	4.43% / 4.43%	2	90
WALLED LAKE MICH CONS SCH DIST REF	5.000%	05/01/2013			107.256 / 107.256	3.41% / 3.41%	1	15
WALLED LAKE MICH CONS SCH DIST REF	4.000%	05/01/2023	100.130 / 100.130				3	1590
WARREN MICH DOWNTOWN DEV	5.000%	10/01/2016			105.373 / 105.373	3.89% / 3.89%	2	50
WARREN MICH DOWNTOWN DEV	4.500%	10/01/2017			105.325 / 105.325	3.56% / 3.56%	2	80
WARREN MICH WTR & SWR REV	4.900%	11/01/2017			106.529 / 106.529	2.92% / 2.92%	1	75
WASHTENAW CNTY MICH CAP IMPT-SER A	4.000%	07/01/2014			105.338 / 105.338	3.04% / 3.04%	1	5
WAYNE CHARTER CNTY MICH ARPT REV AMT-DETROIT MET WAYNE CNTY-A	5.250%	12/01/2018			99.868 / 99.868	5.27% / 5.27%	1	10
WAYNE CHARTER CNTY MICH ARPT REV AMT-DETROIT MET WAYNE CNTY-A	5.000%	12/01/2028	88.906 / 92.760		96.260 / 100.000	5.30% / 5.00%	12	155
WAYNE CHARTER CNTY MICH ARPT REV REF-DETROIT MET-SER D	5.000%	12/01/2021			98.455 / 98.455	5.16% / 5.16%	2	20
WAYNE CNTY MICH ARPT AUTH REV AMT-REF-DETROIT MET ARPT-A-1	%	12/01/2033			100.000 / 100.000		3	+3
WAYNE CNTY MICH ARPT AUTH REV AMT-REF-DETROIT MET ARPT-A-2	%	12/01/2033			100.000 / 100.000		3	2000+1
WAYNE CNTY MICH ARPT AUTH REV AMT-REF-DETROIT MET ARPT-A-3	%	12/01/2033			99.916 / 100.000		2	+2
WAYNE CNTY MICH ARPT AUTH REV DETROIT MET WAYNE CNTY ARPT	5.250%	12/01/2022			99.091 / 101.557	5.34% / 5.00%	7	420
WAYNE CNTY MICH ARPT AUTH REV DETROIT MET WAYNE CNTY ARPT	5.250%	12/01/2026	98.176 / 98.176		100.000 / 100.610	5.25% / 5.15%	50	955+3
WAYNE CNTY MICH ARPT AUTH REV DETROIT MET WAYNE CNTY ARPT	4.750%	12/01/2034	87.349 / 87.349				2	60
WAYNE CNTY MICH ARPT AUTH REV REF-DETROIT MET ARPT	5.500%	12/01/2016					2	320
WAYNE CNTY MICH ARPT AUTH REV REF-DETROIT MET ARPT	5.000%	12/01/2017	101.780 / 101.780		104.647 / 104.647	4.40% / 4.40%	5	180
WAYNE CNTY MICH ARPT AUTH REV REF-DETROIT MET ARPT-C	%	12/01/2021	100.000 / 100.000		100.000 / 100.000		25	5975+3
WAYNE CNTY MICH ARPT AUTH REV REF-DETROIT MET WAYNE CNTY-A	5.250%	12/01/2018			102.031 / 102.031	5.00% / 5.00%	1	+1
WAYNE CNTY MICH ARPT AUTH REV REF-DETROIT MET WAYNE CNTY-A	5.750%	12/01/2019			108.119 / 108.119	4.76% / 4.76%	2	40
WAYNE CNTY MICH ARPT AUTH REV REF-DETROIT MET WAYNE CNTY-A	5.125%	12/01/2023			99.904 / 100.154	5.13% / 0.00%	123	2640
WAYNE CNTY MICH ARPT AUTH REV REF-DETROIT MET WAYNE CNTY-A	5.375%	12/01/2032			98.320 / 101.320	5.50% / 0.00%	161	3095+4
WAYNE CNTY MICH ARPT AUTH REV VAR-AMT-REF-DETROIT MET ARPT	%	12/01/2024	100.000 / 100.000		100.000 / 100.000	14.00% / 14.00%	32	2250+2
WAYNE ST UNIV MICH UNIV REVS GEN	5.125%	11/15/2029	99.134 / 99.134				1	5
WAYNE ST UNIV MICH UNIV REVS GEN-SER A	4.500%	11/15/2034			97.700 / 97.700	4.65% / 4.65%	1	20
WAYNE ST UNIV MICH UNIV REVS REF-GEN	5.000%	11/15/2011			108.577 / 108.577	2.46% / 2.46%	1	20
WAYNE ST UNIV MICH UNIV REVS REF-GEN	5.000%	11/15/2013	106.577 / 106.577				3	75
WEST BLOOMFIELD MICH SCH DIST REF	4.000%	05/01/2018			100.000 / 100.000	4.00% / 4.00%	2	50
WESTERN MICH UNIV REVS GEN	3.625%	11/15/2014			101.514 / 101.514	3.37% / 3.37%	1	200
WESTERN MICH UNIV REVS GEN	5.000%	11/15/2032			102.377 / 105.500	4.70% / 4.32%	7	320
WESTERN MICH UNIV REVS REF-GEN	5.000%	07/15/2011			106.069 / 106.069	3.00% / 3.00%	2	50
WILLOW RUN MICH CMNTY SCHS	4.500%	05/01/2009			102.098 / 102.098	2.37% / 2.37%	1	100
YPSILANTI MICH WTR SUPPLY & SEW DISP SYS REV	6.000%	09/01/2026	107.875 / 107.875				1	40

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.

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