Trades and Prices for Montana: 01/15/2008

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: 01/15/2008.

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)
BILLINGS MONT NURSING HOME REV REF-PARKVIEW CONVALESCENT-A	7.300%	01/01/2015			100.000 / 100.000	7.07% / 7.07%	1	10
CASCADE CNTY MONT ELEM SCH DIST NO 3 CASCADE SCH BLDG	5.625%	07/01/2017	105.000 / 105.000				1	10
FORSYTH MONT POLLUTION CTL REV REF-NORTHWESTERN CORP COLSTRIP	4.650%	08/01/2023	105.190 / 105.190		101.727 / 105.325	4.40% / 3.91%	8	920
FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY PJ-B	5.100%	03/01/2031			102.499 / 102.499	4.62% / 4.62%	3	30
FORSYTH MONT POLLUTION CTL REV REF-PUGET SOUND ENERGY-A	5.000%	03/01/2031			106.427 / 106.427	3.79% / 3.79%	2	20
FORSYTH MONT POLLUTION CTL REV VAR-REF-PACIFICORP PROJ	%	01/01/2018	100.000 / 100.000		100.000 / 100.000	2.93% / 2.93%	4	1800+2
MISSOULA CNTY MONT K-12 SCH DIST NO 40 FRENCHTOWN	3.250%	07/01/2011			101.620 / 101.620	2.75% / 2.75%	1	165
MISSOULA MONT SER A	4.250%	07/01/2019			103.500 / 103.500	3.64% / 3.64%	1	25
MONTANA FAC FIN AUTH HEALTH CARE FACS REV MASTER LN PG-MARCUS DALY-A	4.250%	08/01/2027			99.998 / 99.998	4.25% / 4.25%	5	110
MONTANA FAC FIN AUTH HOSP FACS REV ST PETERS HOSP PROJ	5.000%	06/01/2011			105.375 / 105.375	3.30% / 3.30%	1	150
MONTANA FAC FIN AUTH HOSP FACS REV ST PETERS HOSP PROJ	5.000%	06/01/2036	98.200 / 98.200		101.000 / 101.000	4.87% / 4.87%	5	95
MONTANA FAC FIN AUTH REV HOSP-BENEFIS HEALTHCRE SYS	4.000%	01/01/2017			102.260 / 102.260	3.70% / 3.70%	2	10
MONTANA FAC FIN AUTH REV HOSP-BENEFIS HEALTHCRE SYS	5.000%	01/01/2037			105.534 / 106.100	4.25% / 4.18%	3	315
MONTANA ST BRD HSG AMT-SINGLE FAMILY MTG-SER A-2	4.450%	12/01/2008			100.376 / 100.376	4.00% / 4.00%	2	10
MONTANA ST BRD HSG AMT-SINGLE FAMILY MTG-SER B	4.850%	06/01/2038	95.000 / 95.000		99.000 / 99.000	4.91% / 4.91%	2	30
MONTANA ST BRD HSG SINGLE FAMILY MTG-SER D	5.000%	12/01/2022			104.000 / 104.000	4.47% / 4.47%	1	5
MONTANA ST BRD REGENTS HIGHER ED REV PREREFUNDED-HIGHER-UNIV MONT-F	5.750%	05/15/2024			108.525 / 108.525	2.77% / 2.77%	2	10
MONTANA ST DEPT TRANSN REV GRANT ANTIC NTS-HWY 93 CONSTR	5.125%	06/01/2018			110.937 / 110.937	3.43% / 3.43%	1	15
MONTANA ST HIGHER ED STUDENT ASSISTANCE CORP STUDENT LN REV AMT-SR SER A	%	12/01/2037			100.000 / 100.000	0.00% / 0.00%	1	+1
MONTANA ST HIGHER ED STUDENT ASSISTANCE CORP STUDENT LN REV AMT-SR-SER A	%	12/01/2034			100.000 / 100.000	0.00% / 0.00%	1	+1
MONTANA ST HIGHER ED STUDENT ASSISTANCE CORP STUDENT LN REV SR SER-A	3.400%	12/01/2031			100.000 / 100.000	0.00% / 0.00%	1	200
MONTANA ST HIGHER ED STUDENT ASSISTANCE CORP STUDENT LN REV VAR-AMT-SR SER A	%	12/01/2042	100.000 / 100.000				1	+1
TWO RIVS AUTH INC MONT PROJ REV SR LIEN	6.750%	11/01/2016	70.000 / 70.000		70.000 / 70.000	12.46% / 12.46%	3	300
TWO RIVS AUTH INC MONT PROJ REV SR LIEN	7.250%	11/01/2021	70.000 / 70.000				1	25

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.

Data provided by: