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SIGNATURE HENRY GABBAY
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000877358
<NAME> THE BLACKROCK MUNICIPAL TARGET TERM TRUST INC.
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 654,854,322
<INVESTMENTS-AT-VALUE> 723,843,960
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</TABLE>
The Shareholders and Board of Directors
of
The BlackRock Municipal Target Term Trust
Inc.:
In planning and performing our audit of
the financial statements of The BlackRock
Municipal Target Term Trust Inc. for the
year ended December 31, 1995, we
considered its internal control
structure, including procedures for
safeguarding securities, in order to
determine our auditing procedures for the
purpose of expressing our opinion on the
financial statements and to comply with
the requirements of Form N-SAR, not to
provide assurance on the internal control
structure.
The management of The BlackRock
Municipal Target Term Trust Inc. is
responsible for establishing and
maintaining an internal control
structure. In fulfilling this
responsibility, estimates and judgments
by management are required to assess the
expected benefits and related costs of
internal control structure policies and
procedures. Two of the objectives of an
internal control structure are to provide
management with reasonable, but not
absolute, assurance that assets are
safeguarded against loss from
unauthorized use or disposition and that
transactions are executed in accordance
with management's authorization and
recorded properly to permit preparation
of financial statements in conformity
with generally accepted accounting
principles.
Because of inherent limitations in any
internal control structure, errors or
irregularities may occur and not be
detected. Also, projection of any
evaluation of the structure to future
periods is subject to the risk that it
may become inadequate because of changes
in conditions or that the effectiveness
of the design and operation may
deteriorate.
Our consideration of the internal control
structure would not necessarily disclose
all matters in the internal control
structure that might be material
weaknesses under standards established by
the American Institute of Certified
Public Accountants. A material weakness
is a condition in which the design or
operation of the specific internal
control structure elements does not
reduce to a relatively low level the risk
that errors or irregularities in amounts
that would be material in relation to the
financial statements being audited may
occur and not be detected within a timely
period by employees in the normal course
of performing their assigned functions.
However, we noted no matters involving
the internal control structure, including
procedures for safeguarding securities,
that we consider to be material
weaknesses as defined above as of
December 31, 1995.
This report is intended solely for the
information and use of management and the
Securities and Exchange Commission.
Deloitte & Touche LLP
New York, New York
February 9, 1996
Reclassification of Capital Accounts: Effective
January 1, 1994, the Trust began accounting and
reporting for permanent differences between
financial and tax reporting in accordance with the
American Institute of Certified Public Accountants
Statement of Position, 93-2: Determination,
Disclosure and Financial Statement Presentation of
Income, Capital Gain and Return of Capital
Distributions by Investment Companies. The effect
of adopting the statement for the year ended
December 31, 1995 was to decrease accumulated net
realized gain and increase undistributed net
investment income by $4,426. Net
investment income, net realized gains and net
assets were not affected by this change.
