EX-99.77O RULE 10F-3 2 mhin277o.htm 10F-3 TRANSACTIONS

MUNIHOLDINGS INSURED FUND II, INC.

FILE # 811-9191

ATTACHMENT 77O








TRADE DATE





DESCRIPTION OF SECURITY






ISSUE SIZE





AMOUNT PURCHASED

LIST OF UNDERWRITERS

10/28/2004

Sales Tax Asset Receivable Corporation 5.25% 10/15/27

  1,869,010,000

         6,350,000

Goldman

Bear Stearns

Lehman Brothers

UBS Financial Services

Citigroup Global Markets

First Albany Capital

JP Morgan

MR Beal & Co

Merrill Lynch

Morgan Stanley

Ramirez & Co

Roosevelt & Cross

Siebert Brandford Shank &

ABN Amro Financial Services

Advest

AG Edwards

Apex Pryor Securities

Banc of America

CIBC World Markets

Commerce Capital

Fidelity Capital

First American Municipals

Jackson Securities

Janney Montgomery Scott

Legg Mason

Loop Capital Markets

Popular Securities

Prager, Sealy & Co

Raymond James & Associates

RBC Dain Rauscher

Southwest Securities

Wachovia Bank

3/28/2005

Puerto Rico Electric Power Auth 5% 7/1/25 - 7/1/35

993,450,000

7,010,000

JP Morgan

Merrill Lynch

Morgan Stanley

Banc of America

Citigroup

Goldman Sachs

Lehman Brothers

Raymond James & Assoc

Ramirez & Co.

UBS Financial Services

Wachovia bank