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 811-06501 Name of Fund: BlackRock MuniYield Michigan Insured Fund II, Inc. (MYM) Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809 Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock MuniYield Michigan Insured Fund II, Inc., 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011 Registrants telephone number, including area code: (800) 882-0052, Option 4 Date of fiscal year end: 10/31/2008 Date of reporting period: 11/01/2007 01/31/2008 Item 1 Schedule of Investments |
BlackRock MuniYield Michigan Insured Fund II, Inc. | ||||||
Schedule of Investments as of January 31, 2008 (Unaudited) | (In Thousands) | |||||
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Face | ||||||
Amount | Municipal Bonds | Value | ||||
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Michigan - 137.7% | $ 2,400 | Adrian, Michigan, City School District, GO, 5% due 5/01/2014 (d)(f) | $ 2,687 | |||
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3,165 | Anchor Bay, Michigan, School District, School Building and Site, GO, Series II, | |||||
5.75% due 5/01/2010 (c)(f) | 3,401 | |||||
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2,275 | Bay City, Michigan, School District, School Building and Site, GO, 5% due 5/01/2031 (d) | 2,372 | ||||
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2,150 | Bullock Creek, Michigan, School District, GO, 5.50% due 5/01/2010 (e)(f) | 2,298 | ||||
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3,850 | Charlotte, Michigan, Public School District, GO, 5.375% due 5/01/2009 (c)(f) | 4,005 | ||||
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2,420 | Delta County, Michigan, Economic Development Corporation, Environmental Improvement Revenue | |||||
Refunding Bonds (Mead Westvaco-Escanaba), Series A, 6.25% due 4/15/2012 (f) | 2,757 | |||||
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2,000 | Detroit, Michigan, City School District, GO (School Building and Site Improvement), Series A, 5% due | |||||
5/01/2013 (c)(f) | 2,221 | |||||
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1,480 | Detroit, Michigan, City School District, GO (School Building and Site Improvement), Series A, 5.375% | |||||
due 5/01/2013 (c)(f) | 1,670 | |||||
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1,900 | Detroit, Michigan, City School District, GO (School Building and Site Improvement), Series B, 5% due | |||||
5/01/2028 (c) | 1,929 | |||||
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1,700 | Detroit, Michigan, City School District, GO, Series A, 5.50% due 5/01/2012 (d)(f) | 1,894 | ||||
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1,780 | Detroit, Michigan, Water Supply System Revenue Bonds, Second Lien, Series B, 5% due 7/01/2013 (e)(f) | 1,981 | ||||
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2,620 | Detroit, Michigan, Water Supply System Revenue Bonds, Second Lien, Series B, 5% due 7/01/2034 (e) | 2,624 | ||||
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4,600 | Detroit, Michigan, Water Supply System Revenue Bonds, Senior Lien, Series A, 5% due 7/01/2034 (e) | 4,661 | ||||
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2,500 | Dickinson County, Michigan, Economic Development Corporation, Environmental Improvement | |||||
Revenue Refunding Bonds (International Paper Company Project), Series A, 5.75% due 6/01/2016 | 2,591 | |||||
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2,170 | Dickinson County, Michigan, Healthcare System, Hospital Revenue Refunding Bonds, 5.80% due | |||||
11/01/2024 (h) | 2,197 | |||||
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1,610 | East Grand Rapids, Michigan, Public School District, GO, 5.75% due 5/01/2009 (d)(f) | 1,682 | ||||
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6,300 | East Grand Rapids, Michigan, Public School District, GO, 6% due 5/01/2009 (d)(f) | 6,603 | ||||
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880 | Eaton Rapids, Michigan, Public Schools, School Building and Site, GO, 5% due 5/01/2014 (d)(f) | 985 | ||||
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2,000 | Eaton Rapids, Michigan, Public Schools, School Building and Site, GO, 5.25% due 5/01/2023 (d) | 2,178 | ||||
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1,000 | Eaton Rapids, Michigan, Public Schools, School Building and Site, GO, 5% due 5/01/2026 (d) | 1,042 | ||||
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370 | Eaton Rapids, Michigan, Public Schools, School Building and Site, GO, 5% due 5/01/2029 (d) | 383 | ||||
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385 | Flint, Michigan, Hospital Building Authority, Revenue Refunding Bonds (Hurley Medical Center), | |||||
Series A, 5.375% due 7/01/2020 (h) | 368 | |||||
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775 | Flint, Michigan, Hospital Building Authority, Revenue Refunding Bonds (Hurley Medical Center), | |||||
Series A, 6% due 7/01/2020 (h) | 779 | |||||
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Portfolio Abbreviations | ||||||
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To simplify the listings of BlackRock MuniYield Michigan Insured Fund II, Inc.'s portfolio holdings in the Schedule of Investments, we have abbreviated the names of many of the securities according to the list below.
AMT | Alternative Minimum Tax (subject to) | GO | General Obligation Bonds | |||
COP | Certificates of Participation | HDA | Housing Development Authority | |||
DRIVERS | Derivative Inverse Tax-Exempt Receipts | M/F | Multi-Family |
1
BlackRock MuniYield Michigan Insured Fund II, Inc. | ||||
Schedule of Investments as of January 31, 2008 (Unaudited) | (In Thousands) | |||
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Face | ||||
Amount | Municipal Bonds | Value | ||
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$ 1,800 | Fowlerville, Michigan, Community Schools, School District, GO, 5% due 5/01/2030 (c) | $ 1,844 | ||
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3,065 | Gibraltar, Michigan, School District, GO (School Building and Site), 5% due 5/01/2014 (c)(f) | 3,432 | ||
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585 | Gibraltar, Michigan, School District, GO (School Building and Site), 5% due 5/01/2028 (c) | 601 | ||
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1,000 | Grand Blanc, Michigan, Community Schools, GO, 5.625% due 5/01/2017 (c) | 1,097 | ||
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1,000 | Grand Blanc, Michigan, Community Schools, GO, 5.625% due 5/01/2018 (c) | 1,086 | ||
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1,100 | Grand Blanc, Michigan, Community Schools, GO, 5.625% due 5/01/2019 (c) | 1,195 | ||
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665 | Grand Rapids, Michigan, Building Authority Revenue Bonds, Series A, 5.50% due 10/01/2012 (a)(f) | 748 | ||
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805 | Grand Rapids, Michigan, Building Authority Revenue Bonds, Series A, 5.50% due 10/01/2018 (a) | 878 | ||
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190 | Grand Rapids, Michigan, Building Authority Revenue Bonds, Series A, 5.50% due 10/01/2019 (a) | 207 | ||
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1,500 | Grand Rapids, Michigan, Sanitation Sewer System Revenue Refunding and Improvement Bonds, | |||
Series A, 5.50% due 1/01/2022 (c) | 1,716 | |||
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215 | Harper Woods, Michigan, City School District, School Building and Site, GO, Refunding, 5% due | |||
5/01/2014 (c)(f) | 241 | |||
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10 | Harper Woods, Michigan, City School District, School Building and Site, GO, Refunding, 5% due | |||
5/01/2034 (c) | 10 | |||
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4,500 | Hartland, Michigan, Consolidated School District, GO, 6% due 5/01/2010 (c)(f) | 4,860 | ||
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1,275 | Haslett, Michigan, Public School District, School Building and Site, GO, 5.625% due 11/01/2011 (e)(f) | 1,417 | ||
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2,660 | Hudsonville, Michigan, Public Schools, School Building and Site, GO, 5% due 5/01/2029 (d) | 2,755 | ||
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3,975 | Jackson, Michigan, Public Schools, GO, 5.375% due 5/01/2010 (c)(f) | 4,239 | ||
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3,000 | Kent, Michigan, Hospital Finance Authority Revenue Bonds (Spectrum Health), Series A, | |||
5.50% due 7/15/2011 (e)(f) | 3,309 | |||
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1,235 | Lapeer, Michigan, Community Schools, School Building and Site, GO, 5% due 5/01/2037 (d) | 1,285 | ||
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1,440 | Ludington, Michigan, Area School District, GO, 5.25% due 5/01/2023 (e) | 1,544 | ||
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1,125 | Michigan Higher Education Facilities Authority, Limited Obligation Revenue Bonds (Hillsdale College | |||
Project), 5% due 3/01/2035 | 1,128 | |||
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1,000 | Michigan Higher Education Facilities Authority, Limited Obligation Revenue Refunding Bonds | |||
(Hope College), Series A, 5.90% due 4/01/2032 | 1,018 | |||
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550 | Michigan Higher Education Facilities Authority, Revenue Refunding Bonds (College for Creative | |||
Studies), 5.85% due 12/01/2022 | 574 | |||
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1,000 | Michigan Higher Education Facilities Authority, Revenue Refunding Bonds (College for Creative | |||
Studies), 5.90% due 12/01/2027 | 1,033 | |||
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3,000 | Michigan Higher Education Student Loan Authority, Student Loan Revenue Bonds, AMT, | |||
Series XVII-B, 5.40% due 6/01/2018 (a) | 3,035 | |||
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500 | Michigan Higher Education Student Loan Authority, Student Loan Revenue Bonds, AMT, | |||
Series XVII-Q, 5% due 3/01/2031 (a) | 498 | |||
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1,185 | Michigan State Building Authority Revenue Bonds (Facilities Program), Series II, 4.67% | |||
due 10/15/2009 (a)(b)(j) | 1,140 | |||
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1,675 | Michigan State Building Authority Revenue Bonds (Facilities Program), Series II, 4.77% | |||
due 10/15/2010 (a)(b)(j) | 1,567 | |||
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2
BlackRock MuniYield Michigan Insured Fund II, Inc. | ||||
Schedule of Investments as of January 31, 2008 (Unaudited) | (In Thousands) | |||
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Face | ||||
Amount | Municipal Bonds | Value | ||
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$ 2,000 | Michigan State Building Authority, Revenue Refunding Bonds (Facilities Program), | |||
Series II, 5% due 10/15/2029 (e) | $ 2,044 | |||
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2,100 | Michigan State Building Authority, Revenue Refunding Bonds (Facilities Program), | |||
Series II, 5% due 10/15/2033 (a) | 2,159 | |||
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3,870 | Michigan State, COP, 5.50% due 6/01/2010 (a)(f) | 4,124 | ||
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1,000 | Michigan State, Comprehensive Transportation Revenue Refunding Bonds, 5% due 5/15/2026 (d) | 1,053 | ||
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1,000 | Michigan State, HDA, Limited Obligation M/F Housing Revenue Bonds (Deaconess Towers | |||
Apartments), AMT, 5.25% due 2/20/2048 (l) | 979 | |||
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285 | Michigan State, HDA, Rental Housing Revenue Bonds, AMT, Series A, 5.30% due 10/01/2037 (e) | 284 | ||
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1,500 | Michigan State, HDA, Rental Housing Revenue Bonds, AMT, Series B, 4.85% due 10/01/2037 (d) | 1,415 | ||
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1,500 | Michigan State, HDA, Rental Housing Revenue Bonds, AMT, Series D, 5.125% due 4/01/2031 (d) | 1,502 | ||
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1,000 | Michigan State Hospital Finance Authority, Hospital Revenue Bonds (Mid-Michigan Obligation Group), | |||
Series A, 5.50% due 4/15/2018 (a) | 1,057 | |||
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1,300 | Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds (Crittenton Hospital), | |||
Series A, 5.625% due 3/01/2027 | 1,342 | |||
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5,490 | Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds (Oakwood Obligated | |||
Group), Series A, 5% due 7/15/2037 | 5,238 | |||
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2,495 | Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds (Sparrow Obligated | |||
Group), 5% due 11/15/2031 | 2,481 | |||
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1,585 | Michigan State Hospital Finance Authority Revenue Bonds (McLaren Health Care Corporation), | |||
Series C, 5% due 8/01/2035 | 1,562 | |||
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2,000 | Michigan State Hospital Finance Authority Revenue Bonds (Mercy Health Services), Series R, 5.375% | |||
due 8/15/2026 (a)(b) | 2,013 | |||
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5,670 | Michigan State Hospital Finance Authority Revenue Bonds (Mid-Michigan Obligor Group), | |||
Series A, 5% due 4/15/2036 | 5,594 | |||
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1,000 | Michigan State Hospital Finance Authority Revenue Bonds (Trinity Health Credit Group), Series A, 5% | |||
due 12/01/2031 | 1,004 | |||
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7,000 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Ascension Health Credit), | |||
Series A, 6.125% due 11/15/2009 (e)(f) | 7,543 | |||
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3,760 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Ascension Health Credit), | |||
Series A, 6.25% due 11/15/2009 (e)(f) | 4,060 | |||
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1,345 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Henry Ford Health System), | |||
Series A, 5.25% due 11/15/2032 | 1,350 | |||
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3,215 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Mercy Health Services), | |||
Series X, 6% due 8/15/2009 (e)(f) | 3,407 | |||
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3
BlackRock MuniYield Michigan Insured Fund II, Inc. | ||||
Schedule of Investments as of January 31, 2008 (Unaudited) | (In Thousands) | |||
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Face | ||||
Amount | Municipal Bonds | Value | ||
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$ 2,000 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Mercy-Mount Clemens), | |||
Series A, 5.75% due 5/15/2009 (e)(f) | $ 2,111 | |||
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1,000 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Mercy-Mount Clemens), | |||
Series A, 6% due 5/15/2009 (e)(f) | 1,059 | |||
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5,500 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Trinity Health), Series A, 6% | |||
due 12/01/2027 (a) | 5,877 | |||
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1,000 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Trinity Health Credit), Series C, | |||
5.375% due 12/01/2023 | 1,043 | |||
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3,450 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Trinity Health Credit), Series C, | |||
5.375% due 12/01/2030 | 3,537 | |||
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1,900 | Michigan State Hospital Finance Authority, Revenue Refunding Bonds (Trinity Health Credit Group), | |||
Series D, 5% due 8/15/2034 | 1,902 | |||
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9,500 | Michigan State Strategic Fund, Limited Obligation Revenue Refunding Bonds (Detroit Edison Company | |||
Pollution Control Project), AMT, Series A, 5.55% due 9/01/2029 (e) | 9,707 | |||
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2,000 | Michigan State Strategic Fund, Limited Obligation Revenue Refunding Bonds (Detroit Edison Company | |||
Pollution Control Project), Series AA, 6.95% due 5/01/2011 (c) | 2,256 | |||
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1,375 | Michigan State Strategic Fund, Limited Obligation Revenue Refunding Bonds (Dow Chemical Company | |||
Project), AMT, 5.50% due 12/01/2028 | 1,396 | |||
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6,500 | Monroe County, Michigan, Economic Development Corporation, Limited Obligation Revenue | |||
Refunding Bonds (Detroit Edison Co. Project), Series AA, 6.95% due 9/01/2022 (c) | 8,463 | |||
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1,200 | New Lothrop, Michigan, Area Public Schools, School Building and Site, GO, 5% due 5/01/2035 (d) | 1,244 | ||
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600 | Oak Park, Michigan, Street Improvement, GO, 5% due 5/01/2030 (e) | 623 | ||
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1,000 | Plainwell, Michigan, Community Schools, School District, School Building and Site, GO, 5.50% due | |||
11/01/2012 (d)(f) | 1,125 | |||
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640 | Pontiac, Michigan, Tax Increment Finance Authority, Revenue Refunding Bonds (Development Area | |||
Number 3), 5.375% due 6/01/2012 (f)(h) | 711 | |||
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360 | Pontiac, Michigan, Tax Increment Finance Authority, Revenue Refunding Bonds (Development Area | |||
Number 3), 5.375% due 6/01/2017 (h) | 364 | |||
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1,000 | Reed, Michigan, City Public Schools, School Building and Site, GO, 5% due 5/01/2014 (d)(f) | 1,120 | ||
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1,500 | Romulus, Michigan, Community Schools, GO, 5.75% due 5/01/2009 (c)(f) | 1,567 | ||
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1,050 | Roseville, Michigan, School District, School Building and Site, GO, Refunding, 5% due 5/01/2031 (d) | 1,095 | ||
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1,450 | Saginaw Valley State University, Michigan, General Revenue Refunding Bonds, 5% due 7/01/2024 (c) | 1,496 | ||
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1,000 | Saginaw Valley State University, Michigan, General Revenue Refunding Bonds, 5% due 7/01/2034 (c) | 1,012 | ||
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13,000 | Saint Clair County, Michigan, Economic Revenue Refunding Bonds (Detroit Edison Co. Project), | |||
Series AA, 6.40% due 8/01/2024 (a) | 13,442 | |||
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4
BlackRock MuniYield Michigan Insured Fund II, Inc. | ||||||||
Schedule of Investments as of January 31, 2008 (Unaudited) | (In Thousands) | |||||||
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Face | ||||||||
Amount | Municipal Bonds | Value | ||||||
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$ 2,650 | South Lyon, Michigan, Community Schools, GO, Series A, 5.75% due 5/01/2010 (e)(f) | $ 2,847 | ||||||
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1,000 | Southfield, Michigan, Public Schools, School Building and Site, GO, Series A, 5% due 5/01/2014 (d)(f) | 1,120 | ||||||
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1,950 | Southfield, Michigan, Public Schools, School Building and Site, GO, Series A, 5.25% due 5/01/2014 (d)(f) | 2,211 | ||||||
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1,000 | Sparta, Michigan, Area Schools, School Building and Site, GO, 5% due 5/01/2014 (c)(f) | 1,120 | ||||||
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1,500 | Thornapple Kellogg School District, Michigan, GO, Refunding, 5% due 5/01/2032 (e) | 1,561 | ||||||
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6,500 | Wayne Charter County, Michigan, Airport Revenue Bonds (Detroit Metropolitan Wayne County), AMT, | |||||||
Series A, 5.375% due 12/01/2015 (e) | 6,634 | |||||||
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1,180 | Wayne Charter County, Michigan, Detroit Metropolitan Airport, GO, Airport Hotel, Series A, | |||||||
5% due 12/01/2030 (e) | 1,203 | |||||||
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3 | Wayne County, Michigan, Airport Authority Revenue Bonds, DRIVERS, AMT, | |||||||
Series 1081-Z, 6.621% due 6/01/2013 (e)(g) | 3 | |||||||
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5,200 | Wayne County, Michigan, Airport Authority Revenue Bonds (Detroit Metropolitan Wayne County | |||||||
Airport), AMT, 5% due 12/01/2034 (e) | 5,156 | |||||||
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5,300 | Wyoming, Michigan, Sewage Disposal System Revenue Bonds, 5% due 6/01/2030 (e) | 5,484 | ||||||
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1,330 | Zeeland, Michigan, Public Schools, School Building and Site, GO, 5% due 5/01/2029 (e) | 1,372 | ||||||
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Puerto Rico - 6.2% | 4,900 | Puerto Rico Commonwealth Highway and Transportation Authority, Transportation Revenue Refunding | ||||||
Bonds, Series N, 5.25% due 7/01/2039 (c) | 5,006 | |||||||
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12,500 | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Refunding Bonds, Series A, 5.20% | |||||||
due 8/01/2043 (e)(j) | 1,879 | |||||||
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30,000 | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Refunding Bonds, Series A, 4.99% | |||||||
due 8/01/2046 (e)(j) | 3,815 | |||||||
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Total Municipal Bonds (Cost - $235,395) - 143.9% | 246,537 | |||||||
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Municipal Bonds Transferred to Tender Option Bond Trusts (m) | ||||||||
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Michigan - 18.0% | 2,700 | Detroit, Michigan, Water Supply System, Senior Lien Revenue Bonds, Series A, 5.75% due | ||||||
7/01/2011 (c)(f) | 3,007 | |||||||
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5,715 | Michigan State, COP, Refunding (New Center Development Inc.), 5.75% due 9/01/2010 (b)(e) | 6,270 | ||||||
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5,045 | Michigan State, COP, Refunding (New Center Development Inc.), 5.75% due 9/01/2011 (b)(e) | 5,535 | ||||||
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7,000 | Michigan State Building Authority, Revenue Refunding Bonds (Facilities Program), Series I, 5.50% | |||||||
due 10/15/2010 (d) | 7,665 | |||||||
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4,475 | Wayne County, Michigan, Airport Authority Revenue Bonds (Detroit Metropolitan Wayne | |||||||
County Airport), AMT, 5.25% due 12/01/2025 (e) | 4,534 | |||||||
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3,700 | Wayne County, Michigan, Airport Authority Revenue Bonds (Detroit Metropolitan Wayne | |||||||
County Airport), AMT, 5.25% due 12/01/2026 (e) | 3,749 | |||||||
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Puerto Rico - 2.8% | 4,540 | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series HH, 5.75%, due 7/01/2010 (d)(f) | 4,940 | |||||
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Total Municipal Bonds Transferred to Tender Option Bond Trusts (Cost - $35,832) - 20.8% | 35,700 | |||||||
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5
BlackRock MuniYield Michigan Insured Fund II, Inc. | ||||
Schedule of Investments as of January 31, 2008 (Unaudited) | (In Thousands) | |||
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Shares | ||||
Held | Short-Term Securities | Value | ||
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2,305 | CMA Michigan Municipal Money Fund, 1.97% (i)(k) | $ 2,305 | ||
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Total Short-Term Securities (Cost - $2,305) - 1.4% | 2,305 | |||
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Total Investments (Cost - $273,532*) - 166.1% | 284,542 | |||
Other Assets Less Liabilities - 1.7% | 2,923 | |||
Liability for Trust Certificates, Including Interest | ||||
Expense Payable - (10.0%) | (17,157) | |||
Preferred Stock, at Redemption Value - (57.8%) | (99,028) | |||
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Net Assets Applicable to Common Stock - 100.0% | $ 171,280 | |||
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* | The cost and unrealized appreciation (depreciation) of investments as of January 31, | |||||
2008, as computed for federal income tax purposes, were as follows: | ||||||
Aggregate cost | $ 256,784 | |||||
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Gross unrealized appreciation | $ 13,843 | |||||
Gross unrealized depreciation | (3,102) | |||||
Net unrealized appreciation | $ 10,741 | |||||
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||||||
(a) | AMBAC Insured. | |||||
(b) | Escrowed to maturity. | |||||
(c) | FGIC Insured. | |||||
(d) | FSA Insured. | |||||
(e) | MBIA Insured. | |||||
(f) | Prerefunded. | |||||
(g) | The rate disclosed is that currently in effect. This rate changes periodically and inversely based upon prevailing market rates. | |||||
(h) | ACA Insured. | |||||
(i) | Investments in companies considered to be an affiliate of the Fund, for purposes of Section 2(a)(3) of the | |||||
Investment Company Act of 1940, were as follows: | ||||||
|
| |||||
Net | Dividend | |||||
Affiliate | Activity | Income | ||||
|
|
| ||||
CMA Michigan Municipal Money Fund | (2,409) | $28 | ||||
|
|
| ||||
(j) | Represents a zero coupon bond; the interest rate shown reflects the effective yield at the time of purchase. | |||||
(k) | Represents the current yield as of January 31, 2008. | |||||
(l) | GNMA Collateralized. | |||||
(m) | Securities represent underlying bonds transferred to a separate securitization trust established in a tender option | |||||
bond transaction in which the Fund may have acquired the residual interest certificates. These securities serve as | ||||||
collateral in a financing transaction. |
6
Item 2 Controls and Procedures |
2(a) The registrants principal executive and principal financial officers or persons performing similar functions have concluded that the registrants disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the 1940 Act)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended. 2(b) There were no changes in the registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) 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 |
Certifications Attached hereto 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. BlackRock MuniYield Michigan Insured Fund II, Inc. By: /s/ Donald C. Burke |
Donald C. Burke Chief Executive Officer of BlackRock MuniYield Michigan Insured Fund II, Inc. |
Date: March 24, 2008 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/ Donald C. Burke Donald C. Burke Chief Executive Officer (principal executive officer) of BlackRock MuniYield Michigan Insured Fund II, Inc. |
Date: March 24, 2008 |
By: /s/ Neal J. Andrews Neal J. Andrews Chief Financial Officer (principal financial officer) of BlackRock MuniYield Michigan Insured Fund II, Inc. |
Date: March 24, 2008 |