Eaton Vance Insured New York Municipal Bond Fund (AMEX:ENX) (the ?Fund?), a non-diversified closed-end investment company, today announced the earnings of the Fund for the three and nine months ended June 30, 2007. The Fund's fiscal year ends on September 30, 2007.

For the three months ended June 30, 2007, the Fund had net investment income of $4,009,327 ($0.255 per common share). From this amount, the Fund paid dividends on preferred shares of $1,230,697 (equal to $0.078 for each common share), resulting in net investment income after the preferred dividends of $2,778,647, or $0.177 per common share. For the nine months ended June 30, 2007, the Fund had net investment income of $11,921,917 ($0.759 per common share, before the deduction of the preferred share dividends of $3,502,828 ($0.223 per common share), resulting in net investment income after the preferred dividends of $8,419,089 or $0.536 per common share. In comparison, for the three months ended June 30, 2006, the Fund had net investment income of $3,983,671 ($0.254 per common share). From this amount, the Fund paid dividends on preferred shares of $1,160,747 (equal to $0.074 for each common share), resulting in net investment income after the preferred dividends of $2,822,924, or $0.180 per common share. For the nine months ended June 30, 2006, the Fund had net investment income of $11,857,636 ($0.755 per common share, before the deduction of the preferred share dividends of $3,078,940 ($0.196 per common share), resulting in net investment income after the preferred dividends of $8,778,696 or $0.559 per common share.

Net realized and unrealized losses for the three months ended June 30, 2007 were $6,057,060 ($0.386 per common share). The Fund's net realized and unrealized losses for the nine months ended June 30, 2007 were $4,820,208 ($0.305 per common share). In comparison, net realized and unrealized losses for the three months ended June 30, 2006 were $5,611,526 ($0.357 per common share). The Fund's net realized and unrealized losses for the nine months ended June 30, 2006 were $4,441,458 ($0.283 per common share).

On June 30, 2007, net assets of the Fund applicable to common shares were $232,986,692. The net asset value per common share on June 30, 2007 was $14.83 based on 15,710,091 common shares outstanding. In comparison, on June 30, 2006, net assets of the Fund applicable to common shares were $226,518,530. The net asset value per common share on June 30, 2006 was $14.43 based on 15,698,145 common shares outstanding.

Common shares of the Fund are traded on the American Stock Exchange. The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp, which is listed on the New York Stock Exchange under the symbol EV. Eaton Vance and its affiliates had over $150 billion in assets under management as of August 15, 2007. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at (617) 482-8260.

EATON VANCE INSURED NEW YORK MUNICIPAL BOND FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
       
Three Months Ended Nine Months Ended
  June 30,     June 30,  
  2007     2006     2007     2006  
Net investment income $ 4,009 $ 3,983 $ 11,922 $ 11,858
Net realized and unrealized gains (losses)
on investments ($6,057 ) ($5,612 ) ($4,820 ) ($4,441 )
Preferred dividend paid from net investment income ($1,231 ) ($1,161 ) ($3,503 ) ($3,079 )
Net increase (decrease) in net assets
from operations   ($3,279 )   ($2,790 ) $ 3,599   $ 4,338  
 
Earnings per Share Outstanding
Net investment income $ 0.255 $ 0.254 $ 0.759 $ 0.755
Net realized and unrealized gains (losses)
on investments ($0.386 ) ($0.357 ) ($0.305 ) ($0.283 )
Preferred dividend paid from net investment income ($0.078 ) ($0.074 ) ($0.223 ) ($0.196 )
Net increase (decrease) in net assets
from operations   ($0.209 )   ($0.177 ) $ 0.231   $ 0.276  
 
Net investment income $ 0.255 $ 0.254 $ 0.759 $ 0.755
Preferred dividend paid from net investment income   ($0.078 )   ($0.074 )   ($0.223 )   ($0.196 )
Net investment income after preferred dividend $ 0.177   $ 0.180   $ 0.536   $ 0.559  
 
Net Asset Value at June 30, (Common Shares)
Net assets (000) $ 232,987 $ 226,519
Shares outstanding (000) 15,710 15,698
Net asset value per share outstanding $ 14.83 $ 14.43
 
Market Value Summary (Common Shares)
Market price on AMEX at June 30 $ 14.57 $ 13.95
High market price (period ended June 30) $ 15.53 $ 14.65
Low market price (period ended June 30) $ 14.35 $ 13.09

Eaton Vance
Media Contact: Meg Pier, 617-482-8260
or
Investor Contact: (800) 225-6265, option #2