BlackRock Advisors, LLC today announced that BlackRock Municipal 2018
Term Trust (NYSE:BPK) provided a notice of the redemption of a portion
of its issued and outstanding auction rate preferred shares (“ARPS”).
The redemption announced today, which totals $27.5 million in ARPS, will
be conducted at a liquidation preference of $25,000 per share, together
with accrued and unpaid dividends thereon to the redemption date, if
for BlackRock Municipal 2018 Term Trust Announces Partial Redemption of Auction Rate Preferred Shares investment picks