<PAGE>
NUVEEN
NUVEEN INTERMEDIATE
INSURED UNIT TRUST 86 875
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
4.64 - 4.78% - Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
4.60 - 4.91% - Diversified Portfolios
DATE OF DEPOSIT: July 11, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal income tax but may
be subject to state and local tax. Capital gains
are taxable.
Total Principal $5,000,000 in 50,000 units
Average Life 9.9 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.88 to $98.93 depending on the purchase amount
Cusip 67093J 311 monthly payment plan
Numbers 67093J 329 quarterly payment plan
67093J 337 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in all states
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
PORTFOLIO INCOME DIVERSIFICATION
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C> <C>
California 4.3 % Illinois 24.3 % Indiana 6.7 %
Massachusetts 10.4 Michigan 10.2 Ohio 10.6
Oklahoma 11.2 Virginia 11.1 Washington 11.2
</TABLE>
<TABLE>
<S> <C>
MATURITY DATES (Descrtiption of Chart)
2005 18.0%
2006 82.0%
The earliest ordinary optional call date is 2005
</TABLE>
<PAGE>
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS INTERMEDIATE INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 350,000 North Slope Borough, Alaska, General Obligation Bonds, Series 1995A, 0.00% No Optional AAA Aaa
Due 6/30/06. (Original issue discount bonds delivered on or about August Call
22, 1995 at a price of 54.043% of principal amount.)
200,000 San Diego County Regional Transportation Commission (California), Second No Optional AAA Aaa
Senior Sales Tax Revenue Bonds, 1993 Series A Refunding, 5.25% Due 4/1/06. Call
400,000 State of Illinois, General Obligation Bonds, Series of December 1995, No Optional AAA Aaa
5.125% Due 12/1/05. Call
750,000 Public Building Commission of Chicago (Illinois), Building Revenue Bonds, No Optional AAA Aaa
Series A of 1993 (Board of Education of the City of Chicago), 5.25% Due Call
12/1/06. (General Obligation Bonds.)
300,000 The Trustees of Purdue University (Indiana), Purdue University Student Fee No Optional AAA Aaa
Bonds, Series M, 5.45% Due 7/1/06. (When issued.) Call
500,000 Massachusetts Municipal Wholesale Electric Company, Power Supply System No Optional AAA Aaa
Revenue Bonds, 1993 Series A, 5.10% Due 7/1/06. Call
500,000 City of Detroit, Michigan, Sewage Disposal System Revenue Bonds, Series 2005 at 101 AAA Aaa
1995-A, 5.00% Due 7/1/06.
500,000 City of Cleveland, Ohio, Various Purpose General Obligation Bonds, Series No Optional AAA Aaa
1993, 5.20% Due 9/1/06. Call
500,000 Tulsa (Oklahoma), Industrial Authority, Revenue and Refunding Bonds (The No Optional AAA Aaa
University of Tulsa), Series 1996A, 5.50% Due 10/1/05. Call
500,000 Industrial Development Authority of Brunswick County, Virginia, No Optional AAA Aaa
Correctional Facility Lease Revenue Bonds, Series 1996, 5.45% Due 7/1/06. Call
500,000 State of Washington, Various Purpose General Obligation Refunding Bonds, No Optional AAA Aaa
Series R-96B, 5.50% Due 7/1/06. Call
----------------------------------------------------------------------------------------------------------------
$ 5,000,000 TOTAL 11 BONDS FROM 10 STATES
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 07/10/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.06. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 100.88 3.90 % 4.64% 4.60% 4.67% 4.64% 4.69% 4.66 %
500 / $50,000 100.67 3.70 4.65 4.63 4.68 4.67 4.70 4.69
1,000 / $100,000 100.47 3.50 4.66 4.66 4.69 4.70 4.71 4.72
2,500 / $250,000 100.21 3.25 4.67 4.68 4.70 4.72 4.72 4.74
5,000 / $500,000 99.95 3.00 4.68 4.72 4.71 4.76 4.73 4.78
10,000 / $1,000,000 99.69 2.75 4.69 4.75 4.73 4.79 4.74 4.81
25,000 / $2,500,000 99.44 2.50 4.70 4.79 4.74 4.83 4.76 4.85
50,000 / $5,000,000 98.93 2.00 4.73 4.85 4.76 4.89 4.78 4.91
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by
UNIT TRUST tax bracket)
RETURN 28.0% 31.0% 36.0% 39.6%
<C> <S> <C> <C> <C> <C>
4.64 % 6.44% 6.72% 7.25% 7.68%
4.65 6.46 6.74 7.27 7.70
4.66 6.47 6.75 7.28 7.72
4.67 6.49 6.77 7.30 7.73
4.68 6.50 6.78 7.31 7.75
4.69 6.51 6.80 7.33 7.76
4.70 6.53 6.81 7.34 7.78
4.73 6.57 6.86 7.39 7.83
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .2598
Monthly plan 9/15/96 .3897 $ 4.6784
Quarterly plan 11/15/96 1.1772
2/15/97 1.1772 4.7104
Semi-annual plan 11/15/96 1.1817
5/15/97 2.3634 4.7294
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.94 = 99.068
investment offering price # of units
(as of and accrued purchased
07/10/96) interest
99.068 X $4.6784 = $463.48
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN COLORADO
INSURED UNIT TRUST 64 875
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.28 - 5.49% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.38 - 5.65% - Diversified Portfolios
DATE OF DEPOSIT: July 11, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 24.5 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $98.70 to $95.78 depending on the purchase amount
Cusip 6706E9 432 monthly payment plan
Numbers 6706E9 440 quarterly payment plan
6706E9 457 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in Colorado
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2014-17 28.5%
2018-21 28.6%
2022-25 28.6%
2026+ 14.3%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 07/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.66%
Tax Equivalent Yield 5.28%
Treasury Bonds
Pre-Tax 7.45%
Tax Equivalent Yield 7.08%
Corporate Bonds
Yield 7.79%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 39.0% FEDERAL AND STATE INCOME TAX
RATE AND A 5.0% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 6/30/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS COLORADO INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 Colorado Health Facilities Authority, Hospital Revenue Improvement and 2004 at 102 AAA Aaa
Refunding Bonds (Boulder Community Hospital Project), Series 1994B, 5.875%
Due 10/1/23.
500,000 Colorado Health Facilities Authority, Hospital Revenue Bonds (The 2006 at 101 AAA Aaa
Children's Hospital Association Project), Series 1996, 5.25% Due 10/1/26.
500,000 State of Colorado, Department of Higher Education, by State Board for 2005 at 101 AAA Aaa
Community Colleges and Occupational Education, Systemwide Revenue Bonds
(Front Range Community College-Westminister Campus Project), Series 1995,
5.70% Due 11/1/15.
500,000 City of Colorado Springs, Colorado, Utilities System Improvement and 2004 at 100 AAA Aaa
Refunding Revenue Bonds, Series 1994A, 5.125% Due 11/15/19.
500,000 City and County of Denver, Colorado, Airport System Revenue Bonds, Series 2005 at 102 AAA Aaa
1995A, 5.60% Due 11/15/20.
500,000 Roaring Fork School District No. Re-1, Garfield, Pitkin and Eagle Counties, 2005 at 102 AAA Aaa
Colorado, General Obligation Refunding Bonds, Series 1995, 5.20% Due
12/15/14.
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1996 (General 2006 at 101 AAA Aaa
Obligation Bonds.), 5.40% Due 7/1/25. 1/2
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 07/10/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.07. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 98.70 4.90 % 5.28% 5.38% 5.31% 5.41% 5.33% 5.42 %
500 / $50,000 98.54 4.75 5.29 5.38 5.32 5.41 5.34 5.43
1,000 / $100,000 98.28 4.50 5.30 5.41 5.33 5.44 5.35 5.46
2,500 / $250,000 98.03 4.25 5.31 5.42 5.35 5.45 5.37 5.47
5,000 / $500,000 97.26 3.50 5.36 5.49 5.39 5.52 5.41 5.54
10,000 / $1,000,000 96.76 3.00 5.38 5.52 5.42 5.55 5.44 5.57
25,000 / $2,500,000 96.27 2.50 5.41 5.56 5.45 5.59 5.47 5.61
50,000 / $5,000,000 95.78 2.00 5.44 5.60 5.47 5.63 5.49 5.65
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 31.5% 34.5% 39.0% 42.5%
<C> <S> <C> <C> <C> <C>
5.28 % 7.71% 8.06% 8.66% 9.18 %
5.29 7.72 8.08 8.67 9.20
5.30 7.74 8.09 8.69 9.22
5.31 7.75 8.11 8.70 9.23
5.36 7.82 8.18 8.79 9.32
5.38 7.85 8.21 8.82 9.36
5.41 7.90 8.26 8.87 9.41
5.44 7.94 8.31 8.92 9.46
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .2894
Monthly plan 9/15/96 .4341 $ 5.2103
Quarterly plan 11/15/96 1.3104
2/15/97 1.3104 5.2423
Semi-annual plan 11/15/96 1.3149
5/15/97 2.6298 5.2613
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 98.77 = 101.245
investment offering price # of units
(as of and accrued purchased
07/10/96) interest
101.245 X $5.2103 = $527.52
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN GEORGIA
INSURED UNIT TRUST 52 875
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.28 - 5.49% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.30 - 5.59% - Diversified Portfolios
DATE OF DEPOSIT: July 11, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 25.3 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.90 to $97.92 depending on the purchase amount
Cusip 67101M 850 monthly payment plan
Numbers 67101M 868 quarterly payment plan
67101M 876 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in Georgia
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2012-14 14.3%
2015-17 14.3%
2018-20 0.0%
2021-23 28.5%
2024+ 42.9%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 07/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.80%
Tax Equivalent Yield 5.28%
Treasury Bonds
Pre-Tax 7.53%
Tax Equivalent Yield 7.08%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.79%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 40.0% FEDERAL AND STATE INCOME TAX
RATE AND A 6% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL BUT
NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 6/30/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS GEORGIA INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 Municipal Electric Authority of Georgia, General Power Revenue Bonds, 1993A No Optional AAA Aaa
Series, 5.50% Due 1/1/12. Call
500,000 City of Atlanta (Georgia), General Obligation Bonds, Public Improvement 2004 at 102 AAA Aaa
Bonds, Series 1994A, 6.125% Due 12/1/23.
500,000 Cherokee County (Georgia), Water and Sewerage Authority, Water and Sewerage No Optional AAA Aaa
Revenue Bonds, Refunding and Improvements Series 1993, 5.50% Due 8/1/23. Call
500,000 Cobb-Marietta Coliseum and Exhibit Hall Authority (Georgia), Revenue No Optional AAA Aaa
Refunding Bonds, Series 1993, 5.625% Due 10/1/26. Call
250,000 The Hospital Authority of Crisp County, Georgia, Revenue Certificates No Optional AAA Aaa
(Crisp Regional Hospital Project), Series 1996, 5.45% Due 7/1/15. (General Call
Obligation Bonds.)
500,000 Development Authority of DeKalb County (Georgia), Tax-Exempt Revenue Bonds 2005 at 101 AAA Aaa
(Emory University Project), Series 1995A, 5.375% Due 11/1/25.
250,000 Paulding County School District (Georgia), General Obligation School Bonds, 2005 at 102 AAA Aaa
Series 1995, 5.50% Due 2/1/15.
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1996 (General 2006 at 101 AAA Aaa
Obligation Bonds.), 5.40% Due 7/1/25. 1/2
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 8 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 07/10/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.07. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 100.90 4.90 % 5.28% 5.30% 5.31% 5.34% 5.33% 5.36 %
500 / $50,000 100.75 4.75 5.28 5.31 5.32 5.35 5.33 5.37
1,000 / $100,000 100.48 4.50 5.30 5.33 5.33 5.37 5.35 5.39
2,500 / $250,000 100.22 4.25 5.31 5.35 5.34 5.39 5.36 5.41
5,000 / $500,000 99.44 3.50 5.35 5.41 5.39 5.45 5.41 5.47
10,000 / $1,000,000 98.93 3.00 5.38 5.45 5.41 5.49 5.43 5.51
25,000 / $2,500,000 98.42 2.50 5.41 5.49 5.44 5.53 5.46 5.55
50,000 / $5,000,000 97.92 2.00 5.44 5.52 5.47 5.56 5.49 5.59
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 32.5% 35.0% 40.0% 43.0%
<C> <S> <C> <C> <C> <C>
5.28 % 7.82% 8.12% 8.80% 9.26 %
5.28 7.82 8.12 8.80 9.26
5.30 7.85 8.15 8.83 9.30
5.31 7.87 8.17 8.85 9.32
5.35 7.93 8.23 8.92 9.39
5.38 7.97 8.28 8.97 9.44
5.41 8.01 8.32 9.02 9.49
5.44 8.06 8.37 9.07 9.54
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .2956
Monthly plan 9/15/96 .4434 $ 5.3238
Quarterly plan 11/15/96 1.3383
2/15/97 1.3383 5.3558
Semi-annual plan 11/15/96 1.3437
5/15/97 2.6874 5.3748
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.97 = 99.039
investment offering price # of units
(as of and accrued purchased
07/10/96) interest
99.039 X $5.3238 = $527.26
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN MASSACHUSETTS
INSURED UNIT TRUST 138 875
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.41 - 5.62% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.50 - 5.78% - Diversified Portfolios
DATE OF DEPOSIT: July 11, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 26.6 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $99.48 to $96.54 depending on the purchase amount
Cusip 670947 738 monthly payment plan
Numbers 670947 746 quarterly payment plan
670947 753 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in Massachusetts
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2013-15 14.3%
2016-18 0.0%
2019-21 14.3%
2022-24 28.5%
2025+ 42.9%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 07/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 9.58%
Tax Equivalent Yield 5.41%
Treasury Bonds
Pre-Tax 8.05%
Tax Equivalent Yield 7.08%
Corporate Bonds
</TABLE>
<PAGE>
<TABLE>
<S> <C>
Yield 7.97%
</TABLE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 43.5% FEDERAL AND STATE INCOME TAX
RATE AND A 12.0% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 6/30/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS MASSACHUSETTS INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 Massachusetts Bay Transportation Authority, General Transportation System 2005 at 102 AAA Aaa
Bonds, 1995 Series A, 5.75% Due 3/1/25. (General Obligation Bonds.)
500,000 Massachusetts Health and Educational Facilities Authority, Revenue Bonds, 2004 at 102 AAA Aaa
New England Medical Center Hospitals Issue, Series G-1, 5.375% Due 7/1/24.
500,000 Massachusetts Health and Educational Facilities Authority, Revenue Bonds, 2005 at 102 AAA Aaa
Newton-Wellesley Hospital Issue, Series E, 6.00% Due 7/1/25.
500,000 Massachusetts Health and Educational Facilities Authority, Revenue Bonds, 2006 at 102 AAA Aaa
Suffolk University Issue, Series C, 5.75% Due 7/1/26.
500,000 Massachusetts Industrial Finance Agency, Revenue Bonds (College of the Holy 2006 at 102 AAA Aaa
Cross-1996 Issue), 5.50% Due 3/1/20.
500,000 Massachusetts Water Resources Authority, General Revenue Bonds, 1994 Series 2004 at 101 AAA Aaa
A, 6.00% Due 8/1/24. 1/2
500,000 Quabbin Regional School District, Massachusetts, General Obligation Bonds 2006 at 102 AAA Aaa
(Junior-Senior High School Project), 5.00% Due 6/15/15.
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 07/10/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.07. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 99.48 4.90 % 5.41% 5.50% 5.44% 5.54% 5.46% 5.56 %
500 / $50,000 99.33 4.75 5.41 5.51 5.45 5.55 5.47 5.57
1,000 / $100,000 99.07 4.50 5.43 5.53 5.46 5.57 5.48 5.59
2,500 / $250,000 98.81 4.25 5.44 5.54 5.48 5.58 5.49 5.60
5,000 / $500,000 98.04 3.50 5.49 5.61 5.52 5.65 5.54 5.67
10,000 / $1,000,000 97.54 3.00 5.51 5.64 5.55 5.68 5.57 5.70
25,000 / $2,500,000 97.04 2.50 5.54 5.68 5.58 5.72 5.59 5.74
50,000 / $5,000,000 96.54 2.00 5.57 5.72 5.60 5.76 5.62 5.78
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 36.5% 39.5% 43.5% 47.0%
<C> <S> <C> <C> <C> <C>
5.41 % 8.52% 8.94% 9.58% 10.21 %
5.41 8.52 8.94 9.58 10.21
5.43 8.55 8.98 9.61 10.25
5.44 8.57 8.99 9.63 10.26
5.49 8.65 9.07 9.72 10.36
5.51 8.68 9.11 9.75 10.40
5.54 8.72 9.16 9.81 10.45
5.57 8.77 9.21 9.86 10.51
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .2986
Monthly plan 9/15/96 .4479 $ 5.3780
Quarterly plan 11/15/96 1.3518
2/15/97 1.3518 5.4100
Semi-annual plan 11/15/96 1.3572
5/15/97 2.7144 5.4290
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 99.55 = 100.452
investment offering price # of units
(as of and accrued purchased
07/10/96) interest
100.452 X $5.3780 = $540.23
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN NEW JERSEY
INSURED UNIT TRUST 209 875
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.32 - 5.54% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.38 - 5.64% - Diversified Portfolios
DATE OF DEPOSIT: July 11, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 28.5 years
Call Protection Earliest ordinary optional call is 2004
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.37 to $97.40 depending on the purchase amount
Cusip 6706LA 522 monthly payment plan
Numbers 6706LA 530 quarterly payment plan
6706LA 548 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in New Jersey
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2015-18 14.3%
2019-22 14.3%
2023-26 42.8%
2027+ 28.6%
The earliest ordinary optional call date is 2004
YIELD COMPARISON AS OF 07/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 8.87%
Tax Equivalent Yield 5.32%
Treasury Bonds
Pre-Tax 7.56%
Tax Equivalent Yield 7.08%
Corporate Bonds
Yield 7.97%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 40.0% FEDERAL AND STATE INCOME TAX
RATE AND A 6.37% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 6/30/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS NEW JERSEY INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 New Jersey Economic Development Authority, Insured Revenue Bonds 2005 at 102 AAA Aaa
(Educational Testing Service Issue), Series 1995A, 6.00% Due 5/15/25.
500,000 New Jersey Educational Facilities Authority, Revenue Bonds, University of 2005 at 101 AAA Aaa
Medicine and Dentistry of New Jersey Issue, Series 1995 B, 5.25% Due
12/1/21.
500,000 The Port Authority of New York and New Jersey, Consolidated Bonds, One 2005 at 101 AAA Aaa
Hundredth Series, 5.75% Due 6/15/30.
500,000 New Jersey Transportation Trust Fund Authority, Transportation System 2005 at 102 AAA Aaa
Bonds, 1995 Series A, 5.00% Due 6/15/15. (Original issue discount bonds
delivered on or about August 3, 1995 at a price of 90.629% of principal
amount.)
500,000 Delaware River Port Authority (New Jersey and Pennsylvania), Revenue Bonds, 2006 at 102 AAA Aaa
Series of 1995, 5.50% Due 1/1/26.
500,000 The Pollution Control Financing Authority of Salem County (New Jersey), 2004 at 102 AAA Aaa
Pollution Control Revenue Refunding Bonds, 1994 Series C (Public Service
Electric and Gas Company Project), 6.20% Due 8/1/30.
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1996 (General 2006 at 101 AAA Aaa
Obligation Bonds.), 5.40% Due 7/1/25. 1/2
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 07/10/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.07. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 100.37 4.90 % 5.32% 5.38% 5.36% 5.41% 5.38% 5.43 %
500 / $50,000 100.21 4.75 5.33 5.39 5.37 5.42 5.38 5.44
1,000 / $100,000 99.95 4.50 5.35 5.41 5.38 5.44 5.40 5.46
2,500 / $250,000 99.69 4.25 5.36 5.42 5.39 5.45 5.41 5.47
5,000 / $500,000 98.91 3.50 5.40 5.48 5.44 5.51 5.45 5.53
10,000 / $1,000,000 98.40 3.00 5.43 5.52 5.46 5.55 5.48 5.57
25,000 / $2,500,000 97.90 2.50 5.46 5.56 5.49 5.59 5.51 5.61
50,000 / $5,000,000 97.40 2.00 5.49 5.59 5.52 5.62 5.54 5.64
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 32.0% 35.0% 40.0% 43.5%
<C> <S> <C> <C> <C> <C>
5.32 % 7.82% 8.18% 8.87% 9.42 %
5.33 7.84 8.20 8.88 9.43
5.35 7.87 8.23 8.92 9.47
5.36 7.88 8.25 8.93 9.49
5.40 7.94 8.31 9.00 9.56
5.43 7.99 8.35 9.05 9.61
5.46 8.03 8.40 9.10 9.66
5.49 8.07 8.45 9.15 9.72
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .2968
Monthly plan 9/15/96 .4452 $ 5.3444
Quarterly plan 11/15/96 1.3437
2/15/97 1.3437 5.3764
Semi-annual plan 11/15/96 1.3482
5/15/97 2.6964 5.3954
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.44 = 99.561
investment offering price # of units
(as of and accrued purchased
07/10/96) interest
99.561 X $5.3444 = $532.09
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
<PAGE>
NUVEEN
NUVEEN OHIO
INSURED UNIT TRUST 135 875
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
RATED: "AAA" NUVEEN TAX-FREE UNIT TRUSTS:
ESTIMATED CURRENT RETURN: For the tax-sensitive, conservative investor.
5.39 - 5.61% - Double Tax-Free
ESTIMATED LONG-TERM RETURN: - Dependable Income
5.43 - 5.69% - Diversified Portfolios
DATE OF DEPOSIT: July 11, 1996 - Top-Rated Municipal Bonds
</TABLE>
UNITS OF THE TRUST ARE NOT DEPOSITS OR OBLIGATIONS OF, OR GUARANTEED OR ENDORSED
BY, ANY BANK AND ARE NOT FEDERALLY INSURED OR OTHERWISE PROTECTED BY THE FDIC OR
ANY OTHER FEDERAL AGENCY AND INVOLVE INVESTMENT RISK, INCLUDING THE POSSIBLE
LOSS OF PRINCIPAL.
- --------------------------------------------------------------------------------
QUICK FACTS ABOUT THIS UNIT TRUST
<TABLE>
<S> <C>
Tax Status Income is exempt from federal and state income
taxes. Capital gains are taxable.
Total Principal $3,500,000 in 35,000 units
Average Life 29.0 years
Call Protection Earliest ordinary optional call is 2005
Minimum $5,000 or 50 units, whichever is lower
Investment
Offering Price $100.89 to $97.91 depending on the purchase amount
Cusip 67102G 225 monthly payment plan
Numbers 67102G 233 quarterly payment plan
67102G 241 semi-annual payment plan
Insurance Individual bonds (not units) are fully insured by
MBIA Insurance Corporation, which guarantees
timely payment of interest and principal.
Registration Registered in Ohio
</TABLE>
<TABLE>
<S> <C>
Payment Investors may choose to receive monthly, quarterly
Plans or semi-annual interest payments.
Bond Calls Most municipal bonds are subject to optional bond
calls. Bonds are usually called at a premium price
and generally not below par value.
Sales Charge The sales charge is a one-time expense included in
the Public Offering Price.
Letter Investors may use a Letter of Intent to get
of Intent reduced sales charges on purchases made over a
(LOI) 13-month period (and to take advantage of dollar
cost averaging). Minimum LOI investment $50,000.
Redemptions Units can be redeemed on any business day at no
charge. Units are redeemed at their current market
value.
Reinvestment Interest income and returned principal can be
reinvested with no sales charge into Nuveen tax-
free mutual or money market funds. For more
information obtain a prospectus.
</TABLE>
- --------------------------------------------------------------------------------
<TABLE>
<S> <C>
MATURITY DATES (Description of Chart)
2020-22 28.6%
2023-25 28.5%
2026-28 28.6%
2029+ 14.3%
The earliest ordinary optional call date is 2005
YIELD COMPARISON AS OF 07/10/96*
(Description of Yield Comparison Chart)
Nuveen UIT
Pre-Tax 9.14%
Tax Equivalent Yield 5.39%
Treasury Bonds
Pre-Tax 7.54%
Tax Equivalent Yield 7.08%
Corporate Bonds
Yield 7.97%
</TABLE>
<PAGE>
*COMPARES TRUST WITH 30-YEAR TREASURY BONDS AND LEHMAN BROTHERS INVESTMENT
GRADE LONG CORPORATE BOND INDEX. ASSUMES 41.0% FEDERAL AND STATE INCOME TAX
RATE AND A 7.5% STATE INCOME TAX RATE. TREASURY BONDS ARE SUBJECT TO FEDERAL
BUT NOT STATE INCOME TAXES; CORPORATE BONDS ARE GENERALLY SUBJECT TO BOTH.
TREASURY BONDS, UNLIKE MUNICIPAL BONDS, ARE GUARANTEED BY THE U.S. GOVERNMENT.
THE LEHMAN BROTHERS INVESTMENT GRADE LONG CORPORATE BOND INDEX IS CALCULATED
AS OF 6/30/96.
CALL 1.800.257.8787 FOR A PROSPECTUS CONTAINING MORE COMPLETE INFORMATION
INCLUDING CHARGES AND EXPENSES.
READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.
<PAGE>
- --------------------------------------------------------------------------------
BONDS THIS OHIO INSURED UNIT TRUST CONTAINS
<TABLE>
<CAPTION>
RATINGS
PRINCIPAL EARLIEST CALL ----------
AMOUNT BOND ISSUE DATE AND PRICE S&P MOODY'S
<C> <S> <C> <C><C>
----------------------------------------------------------------------------------------------------------------
$ 500,000 State of Ohio, Ohio Air Quality Development Authority, Air Quality 2005 at 102 AAA Aaa
Development Revenue Refunding Bonds, 1995 Series (The Dayton Power and
Light Company Project), 6.10% Due 9/1/30.
500,000 State of Ohio, Turnpike Revenue Bonds, 1996 Series A, Issued by the Ohio 2006 at 102 AAA Aaa
Turnpike Commission, 5.50% Due 2/15/26. (Original issue discount bonds
delivered on or about June 20, 1996 at a price of 93.50% of principal
amount.)
500,000 Ohio Water Development Authority, State of Ohio, Water Development Revenue 2005 at 102 AAA Aaa
Bonds, 1995 Fresh Water Series, 5.90% Due 12/1/21.
500,000 County of Cuyahoga, Ohio, Hospital Improvement and Refunding Revenue Bonds, 2006 at 102 AAA Aaa
Series 1996A (University Hospitals Health System, Inc. Project), 5.625% Due
1/15/26.
500,000 County of Mahoning, Ohio, Hospital Improvement Revenue Bonds, Series 1995 2005 at 102 AAA Aaa
(Western Reserve Care System Project), 5.50% Due 10/15/25.
500,000 Sylvania City School District, Ohio, General Obligation School Improvement 2005 at 101 AAA Aaa
Bonds, Series 1995, 5.75% Due 12/1/22.
500,000 Commonwealth of Puerto Rico, Public Improvement Bonds of 1996 (General 2006 at 101 AAA Aaa
Obligation Bonds.), 5.40% Due 7/1/25. 1/2
----------------------------------------------------------------------------------------------------------------
$ 3,500,000 TOTAL 7 BONDS
</TABLE>
- --------------------------------------------------------------------------------
HOW TO DETERMINE YOUR INCOME AND YIELD
HOW TO CALCULATE YOUR RETURN
<TABLE>
<S> <C>
The estimated current return is the net income the sales charge, and returns are as of 07/10/96.
divided by the offering price. Estimated long-term As of this date, Units are offered at the public
return is a measure of the return to the investor offering price plus accrued interest to the
expected to be earned over the estimated life of settlement date of $.08. Returns and prices will
the Unit Trust. The public offering prices, which fluctuate.
include
</TABLE>
<TABLE>
<CAPTION>
Public Estimated Return (CURRENT/Long Term)
Breakpoints Offering Sales -------------------------------------------------
Units / Dollars Price Charge Monthly Plan Quarterly Plan Semi-Annual Plan
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
50 / $5,000 $ 100.89 4.90 % 5.39% 5.43% 5.42% 5.46% 5.44% 5.48 %
500 / $50,000 100.74 4.75 5.40 5.44 5.43 5.47 5.45 5.49
1,000 / $100,000 100.47 4.50 5.41 5.46 5.44 5.49 5.46 5.51
2,500 / $250,000 100.21 4.25 5.43 5.48 5.46 5.51 5.48 5.53
5,000 / $500,000 99.43 3.50 5.47 5.53 5.50 5.56 5.52 5.58
10,000 / $1,000,000 98.92 3.00 5.50 5.57 5.53 5.60 5.55 5.62
25,000 / $2,500,000 98.41 2.50 5.53 5.61 5.56 5.64 5.58 5.66
50,000 / $5,000,000 97.91 2.00 5.55 5.64 5.59 5.67 5.61 5.69
</TABLE>
HOW TO DETERMINE YOUR
TAXABLE EQUIVALENT YIELD
The table shows the approximate yield an investor must get from a taxable
investment to match the estimated current return from this Unit Trust.
<TABLE>
<CAPTION>
Taxable Equivalent Yield (by tax
UNIT TRUST bracket)
RETURN 32.5% 36.0% 41.0% 44.0%
<C> <S> <C> <C> <C> <C>
5.39 % 7.99% 8.42% 9.14% 9.63 %
5.40 8.00 8.44 9.15 9.64
5.41 8.01 8.45 9.17 9.66
5.43 8.04 8.48 9.20 9.70
5.47 8.10 8.55 9.27 9.77
5.50 8.15 8.59 9.32 9.82
5.53 8.19 8.64 9.37 9.88
5.55 8.22 8.67 9.41 9.91
</TABLE>
JOHN NUVEEN & CO. INCORPORATED
333 WEST WACKER DRIVE, CHICAGO, IL 60606
HOW TO CALCULATE YOUR INCOME
The table shows expected interest payments for monthly, quarterly and
semi-annual plans. Payments will remain relatively constant as long as the Unit
Trust's size, composition and expenses remain the same. The first record date is
08/01/96.
<TABLE>
<CAPTION>
Annual
First Payment Payment Income
Payment Plan Date (per unit) (per unit)
<S> <C> <C> <C> <C>
Initial partial
payment (all
plans) 8/15/96 $ .3020
Monthly plan 9/15/96 .4530 $ 5.4384
Quarterly plan 11/15/96 1.3671
2/15/97 1.3671 5.4704
Semi-annual plan 11/15/96 1.3716
5/15/97 2.7432 5.4894
EXAMPLE OF HOW TO CALCULATE YOUR ESTIMATED INCOME:
$10,000 DIVIDED BY 100.97 = 99.039
investment offering price # of units
(as of and accrued purchased
07/10/96) interest
99.039 X $5.4384 = $538.61
# of units annual income annual income
purchased per unit
(monthly plan)
</TABLE>
