-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CDtTI4uWfuMszuA5I50gkxgBROVf68PRzz8NNYgANkk5cbAZRMt/Hlof3JUC1cT1
 7aOINKyrxyMQGh8FJaf90A==

<SEC-DOCUMENT>0001254174-03-000022.txt : 20030902
<SEC-HEADER>0001254174-03-000022.hdr.sgml : 20030901
<ACCEPTANCE-DATETIME>20030902191454
ACCESSION NUMBER:		0001254174-03-000022
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030821
FILED AS OF DATE:		20030902

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK MUNICIPAL 2020 TERM TRUST
		CENTRAL INDEX KEY:			0001181250

	BUSINESS ADDRESS:	
		STREET 1:		40 E 52ND ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2127545300

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLACKROCK MUNICIPAL 2022 TERM TRUST
		DATE OF NAME CHANGE:	20020819

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KAPITO ROBERT
		CENTRAL INDEX KEY:			0001059246

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21181
		FILM NUMBER:		03877346

	BUSINESS ADDRESS:	
		STREET 1:		C/O BLACKROCK FINANCIAL MANAGEMENT INC.
		STREET 2:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

	MAIL ADDRESS:	
		STREET 1:		C/O BLACKROCK FINANCIAL MANAGEMENT INC.
		STREET 2:		40 EAST 52ND STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>

<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2003-08-21</periodOfReport>


    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001181250</issuerCik>
        <issuerName>BLACKROCK MUNICIPAL 2020 TERM TRUST</issuerName>
        <issuerTradingSymbol>BKK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001059246</rptOwnerCik>
            <rptOwnerName>KAPITO ROBERT</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BLACKROCK FINANCIAL MANAGEMENT INC.</rptOwnerStreet1>
            <rptOwnerStreet2>40 EAST 52ND STREET</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle>Trustee/President/CEO of Trust</officerTitle>
            <otherText>Vice Chairman of Adviser</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>



    <ownerSignature>
        <signatureName>/s/ Robert S. Kapito</signatureName>
        <signatureDate>2003-09-02</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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