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PINCONNING MICH AREASCHS SCH BLDG SITE 05.00000% 05/01/2033BDS MICH SCH BD QUALIFICATION LN
CUSIP 722273DJ5 Pay Frequency SEMI-ANNUALLY Coupon 5.000 Maturity Date 05/01/2033 Moody's Rating AA3 S&P Rating AAA Material Events YES Call Protection NO View Schedule Sinking Fund Protection NO View Schedule Put Option NO Bond Type Municipal Interest Accrual Date 10/03/2007 Issue Date 10/03/2007 Dated Date 10/03/2007 First Coupon Date 05/01/2008 Next Coupon -- Last Coupon -- Workout Date 05/01/2017 Use of Proceeds PRIM/SECNDRY ED State MI Insurer FSA Federally Taxable NO Subject to Alternative Minimum Tax NO Minimum Investment Qty 5 Incremental Investment Qty 5 Marginable YES Original Issue Discount [OID] -- Pre-Refund NO Escrow to Maturity NO Delivery BOOK ENTRY First Settlement Date 10/03/2007 Bank Qualified NO Original Payment Rate 4.62000 Day Count Basis 30/360 Coupon Type FIXED Current Rate Effective Date 12/31/2007 Reset Frequency -- Benchmark Reference -- Benchmark Formula -- Next Reset Date -- Next Reset Rate -- Minimum Rate -- Maximum Rate -- -


