UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-06721
BlackRock Insured Municipal 2008 Term Trust, Inc. |
(Exact name of registrant as specified in charter) |
100 Bellevue Parkway, Wilmington, DE | 19809 |
(Address of principal executive offices) | (Zip code) |
Robert S. Kapito, President |
BlackRock Insured Municipal 2008 Term Trust, Inc. |
40 East 52nd Street, New York, NY 10022 |
(Name and address of agent for service) |
Registrants telephone number, including area code: 888-825-2257
Date of fiscal year end: December 31, 2007
Date of reporting period: March 31, 2007
Item 1. Schedule of Investments.
The
Registrants unaudited schedule of investments as of the close of the reporting
period pursuant to Rule 30b1-5 under the Investment Company Act of 1940 is as
follows:
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|
PORTFOLIO OF INVESTMENTS (unaudited) |
|
BlackRock Insured Municipal 2008 Term Trust (BRM) |
|
(Percentages shown are based on Net Assets)
Principal | ||||||||
Amount | Option Call | |||||||
(000) | Description | Provisions1 | Value | |||||
LONG-TERM INVESTMENTS99.1% | ||||||||
Alabama1.6% | ||||||||
$ 6,555 | Birmingham Jefferson Civic Ctr. Auth. ST, Ser. A, 4.25%, 1/01/09, FSA | No Opt. Call | $ | 6,625,335 | ||||
Arizona1.9% | ||||||||
4,000 | Chandler, Ad Valorem Ppty. Tax GO, Zero Coupon, 7/01/08, FGIC | No Opt. Call | 3,819,040 | |||||
4,200 | Pima Cnty., Hwy. Impvts. Misc. RB, 4.125%, 7/01/09, FGIC | 07/08@ 101 | 4,248,930 | |||||
8,067,970 | ||||||||
California1.2% | ||||||||
5,000 | Dept. of Wtr. Recs., Cash Flow Mgmt. Elec., Pwr. & Lt. RB, Ser. A, 3.125%, 5/01/08, FSA | No Opt. Call | 4,978,200 | |||||
Colorado2.6% | ||||||||
1,000 | City of Thornton, Pub. Impvts. Lease Approp. COP, 3.25%, 12/01/08, AMBAC | No Opt. Call | 992,590 | |||||
1,000 | Cnty. of El Paso, Correctional Fac. Impvts. Lease Approp. COP, Detention Fac. Proj., Ser. | |||||||
B, 3.20%, 12/01/08, AMBAC | No Opt. Call | 991,750 | ||||||
2,000 | E-470 Pub. Hwy. Auth., Hwy. Tolls RB, Ser. B, Zero Coupon, 9/01/11, MBIA | No Opt. Call | 1,687,620 | |||||
6,965 | Regl. Transp. Dist., Trans. Impvts. Lease Approp. COP, Trans. Vehicles Proj., Ser. A, | |||||||
5.00%, 6/01/08, MBIA | 06/07@ 101 | 7,048,859 | ||||||
10,720,819 | ||||||||
Delaware0.2% | ||||||||
650 | Delaware River & Bay Auth., Pub. Impvt. Port, Arpt. & Marina RB, 3.25%, 1/01/09, MBIA | No Opt. Call | 645,710 | |||||
District of Columbia3.1% | ||||||||
Dist. of Columbia, Ad Valorem Ppty. Tax GO, | ||||||||
195 | 2 | Ser. B, 5.50%, 6/01/09, FSA | ETM | 202,531 | ||||
2,605 | Ser. B, 5.50%, 6/01/09, FSA | No Opt. Call | 2,705,058 | |||||
10,000 | Ser. B-1, 5.50%, 6/01/08, AMBAC | No Opt. Call | 10,209,400 | |||||
13,116,989 | ||||||||
Florida1.4% | ||||||||
2,280 | Broward Cnty. Sch. Brd., Sch. Impvts. Lease Renewal COP, Ser. B, 4.25%, 7/01/09, FSA | No Opt. Call | 2,308,728 | |||||
2,080 | City of Tampa, Wtr. RB, Wtr. & Swr. Proj., 5.50%, 10/01/08, FSA | No Opt. Call | 2,137,304 | |||||
1,300 | Town of Palm Beach, Misc. RB, Beach Restoration Proj., Ser. A, 5.00%, 1/01/09, FSA | No Opt. Call | 1,330,576 | |||||
5,776,608 | ||||||||
Georgia6.1% | ||||||||
5,000 | Georgia GO, Ser. E, 5.25%, 2/01/10 | No Opt. Call | 5,224,400 | |||||
20,000 | Monroe Cnty. Dev. Auth., Indl. PCRB, Georgia Pwr. Co. Plant Scherer Proj., 4.20%, | |||||||
1/01/12, AMBAC | No Opt. Call | 20,159,600 | ||||||
25,384,000 | ||||||||
Hawaii2.7% | ||||||||
4,750 | City & Cnty. of Honolulu, Ad Valorem Ppty. Tax GO, Ser. E, 4.00%, 7/01/08, FGIC | No Opt. Call | 4,772,278 | |||||
6,510 | Hawaii GO, Ser. CY, 4.00%, 2/01/09, FSA | No Opt. Call | 6,555,635 | |||||
11,327,913 | ||||||||
Illinois11.2% | ||||||||
Cook Cnty. High Sch. Dist. No. 201, Cash Flow Mgmt. Ad Valorem Ppty. Tax GO, | ||||||||
1,175 | 2 | J. Sterling Morton Twnshp. Proj., Zero Coupon, 12/01/09, FGIC | ETM | 1,064,338 | ||||
4,805 | J. Sterling Morton Twnshp. Proj., Zero Coupon, 12/01/09, FGIC | No Opt. Call | 4,346,747 | |||||
2,000 | Cook Cnty. Sch. Dist. No. 25, Ad Valorem Ppty. Tax GO, Arlington Heights Proj., 4.50%, | |||||||
12/01/08, FSA | No Opt. Call | 2,028,180 | ||||||
13,000 | Dev. Fin. Auth., Gas Sply. RB, 3.05%, 2/01/33, AMBAC | No Opt. Call | 12,911,470 | |||||
8,985 | Du Page Cnty. Forest Presvtn. Dist., Pub. Impvts. Ad Valorem Ppty. Tax GO, Zero | |||||||
Coupon, 11/01/08 | No Opt. Call | 8,471,777 | ||||||
6,750 | Illinois, Pub. Impvts. GO, Ser. 1, 3.50%, 7/01/08, MBIA | No Opt. Call | 6,740,752 | |||||
1,455 | Kane & Du Page Cntys. Cmnty. Unit Sch. Dist. No. 303, Sch. Impvts. Ad Valorem Ppty. | |||||||
Tax GO, Ser. A, 3.75%, 1/01/09, FSA | No Opt. Call | 1,458,376 | ||||||
Met. Pier & Expo. Auth., | ||||||||
8,385 | 2 | Pub. Impvts. Misc. Tax RB, McCormick Place Expansion Proj., Zero Coupon, 6/15/08, | ||||||
FGIC | ETM | 8,016,815 | ||||||
215 | Pub. Impvts. Misc. Tax RB, McCormick Place Expansion Proj., Zero Coupon, 6/15/08, | |||||||
FGIC | No Opt. Call | 205,635 |
1
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BlackRock Insured Municipal 2008 Term Trust (BRM) (continued) |
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(Percentages shown are based on Net Assets)
Principal | ||||||||
Amount | Option Call | |||||||
(000) | Description | Provisions1 | Value | |||||
Illinois(cont'd) | ||||||||
$1,570 | 2 | Student Loans Lease Abatement RB, McCormick Place Expansion Proj., Ser. A, Zero | ||||||
Coupon, 6/15/08, FGIC | ETM | $ | 1,501,061 | |||||
46,745,151 | ||||||||
Kansas0.2% | ||||||||
1,000 | Dev. Fin. Auth., Wtr. Util. Impvts. Wtr. RB, 4.00%, 4/01/09, AMBAC | No Opt. Call | 1,007,850 | |||||
Kentucky0.9% | ||||||||
3,890 | Owensboro, Elec., Pwr. & Lt. Impvts. RB, Ser. B, Zero Coupon, 1/01/09, AMBAC | No Opt. Call | 3,643,607 | |||||
Michigan3.0% | ||||||||
6,315 | Detroit City Sch. Dist., Sch. Impvts. Ad Valorem Ppty. Tax GO, Sch. Bldg. & Site Impvt. | |||||||
Proj., Ser. A, 4.00%, 5/01/09, FGIC | No Opt. Call | 6,361,352 | ||||||
1,665 | 2 | Detroit, Pub. Impvts. Ad Valorem Ppty. Tax GO, 3.50%, 4/01/09, MBIA | ETM | 1,657,674 | ||||
3,000 | Michigan, Hwy. Impvts. Misc. RB, Trunk Line Proj., Ser. A, 4.125%, 11/01/08, FSA | No Opt. Call | 3,024,000 | |||||
1,485 | Wyandotte, Elec., Pwr. & Lt. RB, 6.25%, 10/01/08, MBIA | No Opt. Call | 1,516,319 | |||||
12,559,345 | ||||||||
Mississippi0.5% | ||||||||
2,175 | De Soto Cnty. Sch. Dist., Ad Valorem Ppty. Tax GO, 3.25%, 2/01/09, FSA | No Opt. Call | 2,157,317 | |||||
Nevada1.2% | ||||||||
Director of the St. of Nevada Dept. of Bus. & Ind., Trans. Impvts. RB, Las Vegas Monorail | ||||||||
Proj., | ||||||||
2,085 | Zero Coupon, 1/01/09, AMBAC | No Opt. Call | 1,952,206 | |||||
3,585 | Zero Coupon, 1/01/10, AMBAC | No Opt. Call | 3,228,615 | |||||
5,180,821 | ||||||||
New Jersey0.7% | ||||||||
1,000 | Monmouth Cnty. Impvt. Auth., Misc. RB, Gov't Loan Proj., 5.00%, 12/01/08, FSA | No Opt. Call | 1,022,760 | |||||
1,750 | Transp. Trust Fund Auth., Trans. Impvts. RB, Ser. C, 5.25%, 12/15/08, AMBAC | No Opt. Call | 1,797,337 | |||||
2,820,097 | ||||||||
New Mexico0.6% | ||||||||
2,455 | Fin. Auth., Pub. Impvt. Misc. RB, Ser. A, 3.80%, 6/01/08, MBIA | No Opt. Call | 2,460,475 | |||||
New York9.3% | ||||||||
15,500 | City of New York, Ad Valorem Ppty. Tax GO, Ser. E, 6.20%, 8/01/07, MBIA | No Opt. Call | 15,628,185 | |||||
15,915 | New York GO, Ser. F, 5.25%, 9/15/09, MBIA | 09/08@ 101 | 16,430,965 | |||||
4,000 | Port Auth. of New York & New Jersey, Port, Arpt. & Marina RB, Ser. 129, 2.875%, | |||||||
11/01/08, FSA | No Opt. Call | 3,941,680 | ||||||
2,715 | Thruway Auth., Misc. RB, Local Hwy. & Brdg. Proj., Ser. A, 5.40%, 1/01/09, MBIA | 04/07@ 100 | 2,718,855 | |||||
38,719,685 | ||||||||
North Carolina4.6% | ||||||||
Eastn. Mun. Pwr. Agcy., Elec., Pwr. & Lt. RB, | ||||||||
13,500 | Ser. B, 6.125%, 1/01/09, FGIC | No Opt. Call | 14,066,055 | |||||
5,000 | Ser. B, 7.00%, 1/01/08, CAPMAC | No Opt. Call | 5,121,350 | |||||
19,187,405 | ||||||||
Oregon1.5% | ||||||||
2,905 | Dept. of Admin. Svcs., Lease Approp. COP, 5.00%, 11/01/08, FSA | No Opt. Call | 2,965,250 | |||||
1,285 | Lane Cnty. Sch. Dist. No. 4-J, Ad Valorem Ppty. Tax GO, Eugene Proj., 3.00%, 1/01/09, | |||||||
FSA | No Opt. Call | 1,267,665 | ||||||
2,000 | Washington & Clackamas Cntys. Sch. Dist. No. 23-J, Sch. Impvts. Ad Valorem Ppty. Tax | |||||||
GO, Tigard Proj., 3.75%, 6/15/08, MBIA | No Opt. Call | 2,003,680 | ||||||
6,236,595 | ||||||||
Pennsylvania8.2% | ||||||||
3,175 | City of Philadelphia, Pub. Impvts. Ad Valorem Ppty. Tax GO, 4.10%, 9/15/08, FSA | No Opt. Call | 3,195,955 | |||||
Dauphin Cnty. Gen. Auth., Hlth., Hosp. & Nursing Home RB, Western Pennsylvania Hosp. | ||||||||
Proj., | ||||||||
3,570 | Ser. A, 6.25%, 7/01/08, MBIA | 04/07@ 100 | 3,576,747 | |||||
1,870 | 2 | Ser. B, 6.25%, 7/01/08, MBIA | ETM | 1,899,191 | ||||
Dept. of Gen. Svcs., Lease Approp. COP, | ||||||||
2,075 | 4.50%, 5/01/08, FSA | No Opt. Call | 2,093,343 | |||||
2,120 | 4.50%, 11/01/08, FSA | No Opt. Call | 2,147,136 | |||||
2,165 | 4.50%, 5/01/09, FSA | No Opt. Call | 2,201,156 |
2
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BlackRock Insured Municipal 2008 Term Trust (BRM) (continued) |
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(Percentages shown are based on Net Assets)
Principal | ||||||||
Amount | Option Call | |||||||
(000) | Description | Provisions1 | Value | |||||
Pennsylvania(cont'd) | ||||||||
$16,250 | Lehigh Cnty. Indl. Dev. Auth., Indl. PCRB, PPL Electric Util. Corp. Proj., 3.125%, | |||||||
11/01/08, AMBAC | No Opt. Call | $ | 16,093,512 | |||||
3,125 | Pittsburgh Pub. Pkg. Auth., Auto Pkg. RB, 3.25%, 12/01/08, AMBAC | No Opt. Call | 3,102,844 | |||||
34,309,884 | ||||||||
Tennessee0.2% | ||||||||
1,000 | Clarksville, Wtr. RB, 4.30%, 2/01/09, FSA | No Opt. Call | 1,012,640 | |||||
Texas20.2% | ||||||||
City of Austin, | ||||||||
5,000 | Elec., Pwr. & Lt. RB, 6.625%, 11/15/08, AMBAC | No Opt. Call | 5,229,950 | |||||
5,000 | Elec., Pwr. & Lt. RB, Ser. A, Zero Coupon, 11/15/09, AMBAC | No Opt. Call | 4,528,400 | |||||
5,380 | Pub. Impvts. Ad Valorem Ppty. Tax GO, 3.50%, 9/01/08, FSA | No Opt. Call | 5,371,015 | |||||
11,515 | Wtr. RB, Ser. A, Zero Coupon, 11/15/08, MBIA | No Opt. Call | 10,836,076 | |||||
5,000 | Wtr. RB, Ser. A, Zero Coupon, 11/15/09, MBIA | No Opt. Call | 4,528,400 | |||||
6,000 | 2 | City of San Antonio, Elec., Pwr. & Lt. RB, Ser. B, Zero Coupon, 2/01/10, FGIC | ETM | 5,398,440 | ||||
1,430 | 2 | Coppell Indpt. Sch. Dist., Ad Valorem Ppty. Tax GO, 6.10%, 8/15/09, MBIA | ETM | 1,509,608 | ||||
4,390 | Houston Indpt. Sch. Dist., Ad Valorem Ppty. Tax GO, Zero Coupon, 8/15/09, AMBAC | No Opt. Call | 4,013,601 | |||||
Mun. Pwr. Agcy., Elec., Pwr. & Lt. RB, | ||||||||
1,075 | 2 | Zero Coupon, 9/01/08, AMBAC | ETM | 1,019,777 | ||||
13,925 | Zero Coupon, 9/01/08, AMBAC | No Opt. Call | 13,208,420 | |||||
1,155 | 2 | Zero Coupon, 9/01/09, AMBAC | ETM | 1,056,213 | ||||
15,020 | Zero Coupon, 9/01/09, AMBAC | No Opt. Call | 13,712,509 | |||||
1,500 | North Texas Tollway Auth., Hwy. Tolls RB, Ser. C, 5.00%, 1/01/09, FSA | No Opt. Call | 1,534,515 | |||||
Pub. Fin. Auth., | ||||||||
5,900 | Lease Approp. RB, Ser. B, 6.25%, 2/01/09, AMBAC | No Opt. Call | 6,168,627 | |||||
2,250 | 3 | Lease RB, Gen. Svcs. Comm. Projs., 5.50%, 2/01/08, AMBAC | N/A | 2,306,250 | ||||
750 | Lease RB, Gen. Svcs. Comm. Projs., 5.50%, 2/01/09, AMBAC | 02/08@ 101 | 768,375 | |||||
1,000 | Misc. RB, 3.50%, 2/01/09, FGIC | No Opt. Call | 997,850 | |||||
2,275 | Ysleta Indpt. Sch. Dist., Ad Valorem Ppty. Tax GO, Zero Coupon, 8/15/08, PSF | No Opt. Call | 2,161,273 | |||||
84,349,299 | ||||||||
Utah3.3% | ||||||||
Intermountain Pwr. Agcy., Elec., Pwr. & Lt. RB, | ||||||||
2,215 | 2 | Ser. B, 6.00%, 7/01/07, MBIA | ETM | 2,227,736 | ||||
1,285 | Ser. B, 6.00%, 7/01/07, MBIA | No Opt. Call | 1,292,428 | |||||
10,300 | 3 | Utah, Hwy. Impvts. Ad Valorem Ppty. Tax GO, Ser. F, 5.00%, 7/01/07 | N/A | 10,334,196 | ||||
13,854,360 | ||||||||
Washington10.5% | ||||||||
5,710 | City of Seattle, Pub. Impvts. Ad Valorem Ppty. Tax GO, 4.00%, 7/01/08, FSA | No Opt. Call | 5,735,410 | |||||
1,250 | Clark Cnty. Pub. Util. Dist. No. 1, Elec., Pwr. & Lt. RB, 5.00%, 1/01/09, MBIA | No Opt. Call | 1,279,188 | |||||
Cnty. of King, | ||||||||
3,060 | Ad Valorem Ppty. Tax GO, 3.50%, 12/01/08, FSA | No Opt. Call | 3,054,002 | |||||
12,850 | Recreational Fac. Impvts. Ad Valorem Ppty. Tax GO, Ser. D, 5.55%, 12/01/08, MBIA | 12/07@ 102 | 13,232,801 | |||||
Energy Northwest, Elec., Pwr. & Lt. RB, | ||||||||
11,000 | Ser. A, 5.80%, 7/01/07, FSA | No Opt. Call | 11,056,980 | |||||
5,550 | 2 | Pub. Pwr. No. 3 Proj., Zero Coupon, 7/01/07 | ETM | 5,498,274 | ||||
2,000 | Pub. Pwr. No. 3 Proj., Zero Coupon, 7/01/08 | No Opt. Call | 1,909,280 | |||||
Hlth. Care Facs. Auth., Hlth., Hosp. & Nursing Home Impvts. RB, Catholic Hlth. Initiatives | ||||||||
Proj., | ||||||||
1,010 | Ser. A, 5.30%, 12/01/08, MBIA | No Opt. Call | 1,035,876 | |||||
1,000 | Ser. A, 5.40%, 12/01/10, MBIA | 06/10@ 101 | 1,056,020 | |||||
43,857,831 | ||||||||
West Virginia0.4% | ||||||||
1,550 | Econ. Dev. Auth., Correctional Fac. Impvts. Lease Approp. RB, Correctional Juvenile & | |||||||
Pub. Proj., Ser. A, 4.25%, 6/01/08, MBIA | No Opt. Call | 1,561,191 | ||||||
Wisconsin1.5% | ||||||||
6,080 | Wisconsin, Pub. Impvts. Misc. GO, Ser. C, 4.00%, 5/01/09, MBIA | No Opt. Call | 6,128,275 | |||||
Wyoming0.3% | ||||||||
1,270 | Albany Cnty. Impvts. Stat. Trust, Pub. Impvts. Lease Abatement COP, 3.75%, 1/15/09, | |||||||
MBIA | No Opt. Call | 1,271,473 | ||||||
Total Long-Term Investments (cost $405,819,143) | 413,706,845 |
3
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|
BlackRock Insured Municipal 2008 Term Trust (BRM) (continued) |
|
(Percentages shown are based on Net Assets)
Principal | ||||||||
Amount |
Option Call
|
|||||||
(000) | Description |
Provisions1
|
Value | |||||
SHORT-TERM INVESTMENTS3.7% | ||||||||
Florida2.4% | ||||||||
$10,000 | 4 | Sarasota Cnty. Pub. Hosp. Brd., Hlth., Hosp. & Nursing Home Impvts. RB, Sarasota Mem. | ||||||
Hosp. Proj., Ser. A, 3.80%, 4/02/07, AMBAC, FRDD |
N/A
|
$ | 10,000,000 | |||||
Missouri0.7% | ||||||||
3,000 | 4 | Hlth. & Edl. Facs. Auth., Univ. & Coll. Impvts. RB, St. Louis Univ. Proj., Ser. A, 3.75%, | ||||||
4/02/07, MBIA, FRDD | N/A | 3,000,000 | ||||||
Shares | ||||||||
(000) | ||||||||
Money Market Fund0.6% | ||||||||
2,300 | AIM Tax Free Cash Res. Portfolio - Institutional Class, 3.45% | N/A | 2,300,000 | |||||
Total Short-Term Investments (cost $15,300,000) | 15,300,000 | |||||||
Total Investments 102.8% (cost $421,119,1435) | $ | 429,006,845 | ||||||
Other assets in excess of liabilities 16.6% | 69,411,831 | |||||||
Preferred shares at redemption value, including dividends payable (19.4)% | (81,009,825 | ) | ||||||
Net Assets Applicable to Common Shareholders100% | $ | 417,408,851 |
_________________ | |
1 | Date (month/year) and price of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. |
2 | Security is collateralized by Municipal or U.S. Treasury obligations. |
3 | This bond is prerefunded. U.S. government securities, held in escrow, are used to pay interest on this security, as well as retire the bond in full at the date indicated, typically at a premium to par. |
4 | For purposes of amortized cost valuation, the maturity date of this instrument is considered to be the earlier of the next date on which the security can be redeemed at par, or the next date on which the rate |
of interest is adjusted. Rate shown is rate as of March 31, 2007. | |
5 | Cost for federal income tax purposes is $420,631,862. The net unrealized appreciation on a tax basis is $8,374,983, consisting of $9,007,930 gross unrealized appreciation and $632,947 gross unrealized |
depreciation. | |
The value (market value plus accrued interest) of securities that are covered by insurance, which ensures the payment of principal and interest, represent approximately 80.5% of the Trust's managed assets. | |
AMBAC | 27.3% |
CAPMAC | 1.0% |
FGIC | 15.0% |
FSA | 16.7% |
MBIA | 19.6% |
PSF | 0.4% |
Other | 0.5% |
KEY TO ABBREVIATIONS | ||||
AMBAC | American Municipal Bond Assurance Corp. | GO | General Obligation | |
CAPMAC | Capital Markets Assurance Co. | MBIA | Municipal Bond Insurance Assoc. | |
COP | Certificate of Participation | PCRB | Pollution Control Revenue Bond | |
ETM | Escrowed to Maturity | PSF | Public School Fund Guaranteed | |
FGIC | Financial Guaranty Insurance Co. | RB | Revenue Bond | |
FRDD | Floating Rate Daily Demand | ST | Special Tax | |
FSA | Financial Security Assurance |
4
Item 2. Controls and Procedures.
(a) The Registrants principal executive and principal financial officers have evaluated the Registrants disclosure controls and procedures within 90 days of this filing and have concluded, as of that date, that the Registrants disclosure controls and procedures were reasonably designed to ensure that information required to be disclosed by the Registrant in this Form N-Q was recorded, processed, summarized, and reported within the required time periods and that information to be disclosed by the Registrant in this Form N-Q was accumulated and communicated to the Registrants management, including its principal executive and principal financial officers, as appropriate, to allow timely decisions regarding required disclosure.
(b) There were no changes in the Registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a -3(d)) that occurred during the Registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrants internal control over financial reporting.
Item 3. Exhibits.
Separate certifications of the Registrants Principal Executive and Financial Officers pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are attached as EX-99.CERT.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) BlackRock Insured Municipal 2008 Term Trust, Inc.
By: | /s/ Donald C. Burke |
Name: Donald C. Burke | |
Title: Treasurer and Principal Financial Officer | |
Date: May 25, 2007 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
By: | /s/ Robert S. Kapito |
Name: Robert S. Kapito | |
Title: President and Principal Executive Officer | |
Date: May 25, 2007 |
By: | /s/ Donald C. Burke |
Name: Donald C. Burke | |
Title: Treasurer and Principal Financial Officer | |
Date: May 25, 2007 |