<DOCUMENT>
<TYPE>EX-99.77O RULE 10F-3
<SEQUENCE>4
<FILENAME>tenf3.txt
<DESCRIPTION>10F3 TRANSACTIONS
<TEXT>
<PAGE>
<TABLE>
                   MORGAN STANLEY INSURED MUNICIPAL BOND TRUST
                          ITEM 77(O) 10F-3 TRANSACTIONS
                         MAY 1, 2009 - OCTOBER 31, 2009

                                                                   AMOUNT OF     % OF     % OF
                                     OFFERING                       SHARES      OFFERING  FUNDS
    SECURITY      PURCHASE/  SIZE OF PRICE OF    TOTAL AMOUNT      PURCHASED   PURCHASED  TOTAL
   PURCHASED     TRADE DATE OFFERING  SHARES     OF OFFERING        BY FUND     BY FUND  ASSETS       BROKERS        PURCHASED FROM
---------------- ---------- -------- -------- ----------------- -------------- --------- ------ ------------------- ----------------
<S>              <C>        <C>      <C>      <C>               <C>            <C>       <C>    <C>                 <C>
Puerto Rico     06/11/09     --    $100.000      $354,925,000        260,000   0.07%   0.35%         Citi,        Goldman Sachs
   Sales Tax                                                                                          Goldman,
   Financing                                                                                        Sachs & Co.,
   5.00% due                                                                                        J.P. Morgan,
    8/1/2039                                                                                          Popular
                                                                                                    Securities,
                                                                                                     Santander
                                                                                                    Securities,
                                                                                                   Merrill Lynch
                                                                                                       & Co.,
                                                                                                      Barclays
                                                                                                      Capital,
                                                                                                       Morgan
                                                                                                    Stanley, UBS
                                                                                                     Financial
                                                                                                      Services
                                                                                                    Incorporated
                                                                                                   of Puerto Rico

 State of Iowa    07/14/09     --    $105.323      $380,120,000        710,000   0.19%   0.94%        Barclays      Barclays
    - ljobs                                                                                           Capital,      Capital
    Program                                                                                        Merrill Lynch
   Specialist                                                                                          & Co.,
   Obligation                                                                                         Williams
  Bonds Series                                                                                        Blair &
      2009                                                                                            Company,
                                                                                                       Citi,
                                                                                                      Goldman,
                                                                                                    Sachs & Co.,
                                                                                                    J.P. Morgan,
                                                                                                       Morgan
                                                                                                    Stanley, RBC
                                                                                                      Capital
                                                                                                      Markets
</TABLE>
</TEXT>
</DOCUMENT>