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Virginia Tax-Free Bonds
IS
EQUAL
TO
Tax-Free Bonds • Are exempt from Federal taxes • Are exempt from Virginia taxes • Accrue interest daily • Pay Interest semiannually • May be sold before maturity in the secondary market • $5,000 minimum purchase You keep 100% of what you earn. That's what countst For more information, please call Jim Simmons, VP/Investment Officer 20 Main Street P.O. Box 770, Warrenton, VA 22186-0770 703-347-0111 or 1-000-876-8998 Rate is YTM at of 8/27/92. Priced at par. Market conditions may affect prices, yield and availability. Subject to early call for redemption. AMT may apply. 'Assumes 34.9% combined federal and state taxes adjusted lor offsetting federal deduction. Bonds sold prior to maturity may be worth more or less than original cost.
Wheat Mwntwr Naw tork Stock Exchange and 9PC Taxable Yield
6.75^ Tax-Free Current Yield
72.9%