Trades and Prices for Pension Obligation Bonds: 04/03/2008

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: 04/03/2008.

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)
BRIDGEPORT CONN TAXABLE PENSION BDS	7.480%	01/15/2010	104.200 / 104.200		104.830 / 104.830	4.60% / 4.60%	2	200
CONTRA COSTA CNTY CALIF PENSION OBLIG TAXABLE-SER A	5.010%	06/01/2016	99.770 / 99.770				3	+3
DALLAS TEX STEP-UP-TAXABLE-PENSION-SER C	5.250%	02/15/2024			99.375 / 99.375		1	400
EMPLOYEES RETIREMENT SYS GOVT COMWLTH PUERTO RICO RETAIL-SR PENSION FDG-SER A	6.150%	07/01/2038			100.000 / 101.667	6.15% / 5.93%	8	465
ILLINOIS ST TAXABLE-PENSION	4.950%	06/01/2023			99.054 / 99.054	5.04% / 5.04%	1	790
ILLINOIS ST TAXABLE-PENSION	5.100%	06/01/2033			99.058 / 99.084	5.17% / 5.17%	8	+8
LEWISTON ME PENSION	6.140%	12/15/2011			106.378 / 106.378	4.25% / 4.25%	2	370
LORAIN OHIO ACCRUED PENSION FD LIABILITY	5.375%	12/01/2024			104.324 / 104.324	2.67% / 2.67%	3	30
NEW ORLEANS LA PENSION REV VAR-TAXABLE	%	09/01/2030	100.000 / 100.000				2	200
NORTH ADAMS IND CMNTY SCH CORP TAXABLE-PENSION	4.600%	07/05/2010	99.462 / 99.462				3	75
OAKLAND CALIF PENSION OBLIG TAXABLE	0.000%	12/15/2022			42.229 / 42.229	5.96% / 5.96%	4	170
OREGON SCH BRDS ASSN TAXABLE-PENSION-SER B	5.450%	06/30/2024			94.335 / 94.335	6.00% / 6.00%	1	20
OREGON ST TAXABLE-PENSION	5.762%	06/01/2023			106.397 / 106.397	5.15% / 5.15%	1	+1
PASSAIC N J REF-TAXABLE-PENSION	5.000%	02/01/2012	100.879 / 100.879		102.135 / 102.135	4.38% / 4.38%	2	20
PATERSON N J CAP APPREC-REF-TAXABLE-PENSION	0.000%	04/01/2016	63.854 / 63.854				2	200
PENSACOLA FLA ARPT REV REF-SER A	4.000%	10/01/2016			101.350 / 102.875	3.79% / 3.56%	5	125
PENSACOLA FLA SALES & EXCISE TAX REV REF	5.250%	10/01/2010	103.518 / 103.518				1	10
PHILADELPHIA PA AUTH FOR INDL DEV PENSION FDG ZERO CPN-RETIREMENT SYS-SER B	0.000%	04/15/2014	72.584 / 72.584		75.074 / 75.074	4.82% / 4.82%	5	135
SACRAMENTO CNTY CALIF CAP APPREC-TAXABLE-PENS FDG-A	0.000%	08/15/2013			77.780 / 77.780	4.75% / 4.75%	1	35
SACRAMENTO CNTY CALIF WKLY-TAXABLE-PENS-B-RMK-7/1/98	%	07/01/2020	100.000 / 100.000		100.000 / 100.000		2	900
SACRAMENTO CNTY CALIF WKLY-TAXABLE-PENS-C-RMK-7/1/98	%	07/01/2022	100.000 / 100.000		100.000 / 100.000		2	500
SAN BERNARDINO CNTY CALIF FING AUTH PENSION OBLIG REV CAP APPREC	0.000%	08/01/2012			82.012 / 82.012	4.65% / 4.65%	1	5
SAN BERNARDINO CNTY CALIF PENSION OBLIG REF	6.020%	08/01/2023	100.100 / 100.200		100.000 / 101.700	6.02% / 5.85%	19	2105+12
SAN BERNARDINO CNTY CALIF PENSION OBLIG VAR-TAXABLE-SER B-1	%	08/01/2023			100.000 / 100.000	0.00% / 0.00%	1	925
SAN DIEGO CNTY CALIF PENSION OBLIG TAXABLE-SER A	4.230%	08/15/2008			100.194 / 100.194	3.65% / 3.65%	1	150
SHIPPENSBURG BORO PA AUTH REV VAR-BETHLEHEM AREA SCH DIST PJ	%	07/01/2031	100.000 / 100.000				1	200
WEEHAWKEN TWP N J BRD ED TAXABLE-REF-PENSION SER	4.700%	04/15/2010			101.247 / 101.247	4.05% / 4.05%	1	30

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: