Listed below is an offering which we believe suits your investment parameters. 

Aaa/AAA 
TX Student Hsg Auth Rev 
Coupon: 5.375% 
Maturity: 1/1/2023 
Call Features: 1/1/2012@102 
Yield to Maturity: 5.375% 
Current Yield: 5.375% 
Price: $100.00 
Insurance: MBIA 
Form: BOOK-ENTRY 
Cusip#882793AK8 

If you are interested in this offering, or if we may be of assistance in any way, 
please call 1-800-FMSBONDS (367-2663) ext. 2431 or e-mail 
E-Desk@FMSbonds.com. 

Thank You, 
E-Desk 
FMSbonds.com 


This report is based on information from sources we believe to be reliable. We do not 
guarantee the completeness or accuracy of this information. 

Interest from tax-free municipal bonds is exempt from federal income taxes. Dependant 
upon the investor's state of residence, interest from certain municipal bond issues may 
be subject to state and local taxes. 

Offerings subject to prior sale and market conditions. Discount bonds may be subject to
capital gains tax. Rates of such vary for individual taxpayers. As with any investment, 
the market value may fluctuate during the period the investment is held. 


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