MINNESOTA
Farmington (City)
Dec 21, 2009 . . . . . . $1,200,000
General Obligation Utility Revenue Refunding Bonds, Series 2010B (bank qualified) (book entry).
Dated Jan 13, 2010.
Due Feb 1, 2011 to 2022.
Callable Feb 1, 2018 at par.
Winning bid: Wells Fargo Advisors, at 98.8000, TIC 3.0525%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
2/1/11 | $90,000 | 2.00% | 0.75% | ||
2/1/12 | $85,000 | 2.00% | 1.10% | ||
2/1/13 | $90,000 | 2.00% | 1.25% | ||
2/1/14 | $95,000 | 2.00% | 1.65% | ||
2/1/15 | $95,000 | 2.10% | 2.10% | ||
2/1/16 | $100,000 | 2.40% | 2.45% | ||
2/1/17 | $95,000 | 2.625% | 2.70% | ||
2/1/18 | $100,000 | 2.80% | 2.90% | ||
2/1/19 | $105,000 | 3.125% | 3.125% | ||
2/1/20 | $110,000 | 3.25% | 3.25% | ||
2/1/21 | $115,000 | 3.25% | 3.35% | ||
2/1/22 | $120,000 | 3.25% | 3.40% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
Cronin, TIC 3.109%
UMB Bank, TIC 3.135%
Robert W. Baird, TIC 3.1914%
Hutchinson Shockey, TIC 3.5535%
Farmington (City)
Dec 21, 2009 . . . . . . $3,850,000
General Obligation Capital Improvement Plan Bonds, Series 2010A (bank qualified) (book entry).
Dated Jan 13, 2010.
Due Feb 1, 2011 to 2022.
Callable Feb 1, 2018 at par.
Winning bid: Morgan Keegan, at 102.6099, TIC 2.8942%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
2/1/11 | $275,000 | 2.00% | NRO | NRO | |
2/1/12 | $285,000 | 2.00% | NRO | NRO | |
2/1/13 | $295,000 | 2.00% | NRO | NRO | |
2/1/14 | $295,000 | 2.00% | NRO | NRO | |
2/1/15 | $305,000 | 2.25% | NRO | NRO | |
2/1/16 | $310,000 | 3.00% | NRO | NRO | |
2/1/17 | $320,000 | 3.00% | NRO | NRO | |
2/1/18 | $330,000 | 3.25% | NRO | NRO | |
2/1/19 | $340,000 | 3.25% | NRO | NRO | |
2/1/20 | $350,000 | 4.00% | NRO | NRO | |
2/1/21 | $365,000 | 4.00% | NRO | NRO | |
2/1/22 | $380,000 | 4.00% | NRO | NRO |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
Cronin, TIC 2.9713%
Wells Fargo Advisors, TIC 2.9798%
UMB Bank, TIC 3.0762%
Robert W. Baird, TIC 3.1284%
Hutchinson Shockey, TIC 3.4296%
BMO Capital Markets, TIC 3.4847%
NEW JERSEY
Clayton Borough
Dec 21, 2009 . . . . . . $300,000
Bond Anticipation Notes of 2009, Series A (bank qualified).
Dated Dec 30, 2009.
Due Dec 29, 2010.
Purchased $300,000.00 by First Elmer Inv Corp, at 1.94%, effective rate 1.94%.
L.O.: Parker, McCay, P.A., Marlton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Fulton Financial, Effective Rate 1.95%
Middle Township
Dec 21, 2009 . . . . . . $2,350,000
Bond Anticipation Notes of 2009, Series C (bank qualified).
Dated Dec 30, 2009.
Due Dec 29, 2010.
Purchased $2,350,000.00 by Oppenheimer, at 1.5%, plus $12,985.00, effective rate 0.945%.
L.O.: Parker, McCay & Criscuolo, Marlton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.005%
TD Securities, Effective Rate 1.0387%
Janney Montgomery, Effective Rate 1.4749%
Middle Township
Dec 21, 2009 . . . . . . $3,315,750
Bond Anticipation Notes of 2009, Series B (bank qualified).
Dated Dec 30, 2009.
Due Jul 13, 2010.
Purchased $3,315,750.00 by TD Securities, at 1.0%, plus $3,786.59, effective rate 0.787%.
L.O.: Parker, McCay & Criscuolo, Marlton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 0.897%
Jefferies, Effective Rate 0.953%
Janney Montgomery, Effective Rate 1.2033%
River Vale Township
Dec 21, 2009 . . . . . . $3,280,000
Bond Anticipation Notes (bank qualified).
Dated Dec 30, 2009.
Due Mar 30, 2010.
Purchased $3,280,000.00 by TD Securities, at 1.25%, plus $5,661.28, effective rate 0.5596%.
L.O.: DeCotiis, FitzPatrick, Cole & Wisler, LLP, Teaneck, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Valley National Bank, Effective Rate 0.75%
Oppenheimer, Effective Rate 0.847%
Janney Montgomery, Effective Rate 0.88%
TD Bank, N.A., Effective Rate 0.92%
PNC Bank, Effective Rate 1.4%
South River (Borough)
Dec 15, 2009 . . . . . . $8,535,000
Bond Anticipation Notes, Series 200A (bank qualified) (book entry).
Dated Dec 22, 2009.
Due Dec 21, 2010.
Purchased $8,535,000.00 by Jefferies, at 1.5%, plus $64,440.00, effective rate 0.742%.
L.O.: Dilworth Paxson, Neptune, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Bank of America, Effective Rate 0.9%
Beneficial Bk, Effective Rate 1.0237%
Oppenheimer, Effective Rate 1.3883%
PNC Bank, Effective Rate 1.4%
Janney Montgomery, Effective Rate 1.4499%
Waterford Township
Dec 21, 2009 . . . . . . $800,000
Bond Anticipation Notes of 2009, Series B (bank qualified).
Dated Dec 30, 2009.
Due Jul 22, 2010.
Purchased $800,000.00 by First Elmer Inv Corp, at 2.24%, effective rate 2.24%.
L.O.: Parker, McCay, P.A., Marlton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Susquehanna Patriot, Effective Rate 2.8399%
West Orange Township
Dec 17, 2009 . . . . . . $4,704,400
Bond Anticipation Note (bank qualified) (book entry).
Dated Dec 30, 2009.
Due Oct 26, 2010.
Purchased $4,704,400.00 by Jefferies, at 1.0%, plus $20,888.00, effective rate 0.46%.
L.O.: Gibbons P.C., Newark, NJ.
Other bidders were:
TD Securities, Effective Rate 0.6078%
Oppenheimer, Effective Rate 0.8092%
Beneficial Bk, Effective Rate 0.8438%
PNC Capital Markets, Effective Rate 0.8884%
Valley National Bank, Effective Rate 1.0%
WISCONSIN
Belleville School District
Oct 27, 2009 . . . . . . $1,400,000
Tax and Revenue Anticipation Promissory Notes (bank qualified) (book entry).
Dated Nov 3, 2009.
Due Oct 27, 2010.
Purchased $1,400,000.00 by Bankers Bank, at 1.2%, effective rate 1.2%.
L.O.: Quarles & Brady, Milwaukee, WI.
TAXABLE ISSUES
KENTUCKY
Warren County School District Finance Corporation
Dec 21, 2009 . . . . . . $6,096,000
Qualified Zone Academy Bonds, Series of 2009 (book entry).
Dated Dec 30, 2009.
Due Dec 15, 2025.
Non-callable.
Winning bid: Branch Banking, at n/a, TIC 2.09%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
12/15/25 | $6,096,000 | 2.09% | NRO | NRO |
L.O.: Henry M. Reed III, Louisville, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
MICHIGAN
Laketown Township
Dec 15, 2009 . . . . . . $525,000
Capital Improvement Bonds, Series 2009 (Federally Taxable Recovery Zone Economic Development Bonds) (book entry).
Dated Dec 1, 2009.
Due May 1, 2010 to 2019.
Non-callable.
Winning bid: Bernardi Securities, at n/a, TIC 5.8073%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
5/1/10 | $45,000 | 4.00% | 4.00% | ||
5/1/11 | $45,000 | 4.15% | 4.50% | ||
5/1/12 | $45,000 | 4.30% | 4.30% | ||
5/1/13 | $50,000 | 4.60% | 4.60% | ||
5/1/14 | $50,000 | 4.80% | 4.80% | ||
5/1/15 | $50,000 | 5.00% | 5.00% | ||
5/1/16 | $55,000 | 5.25% | 5.25% | ||
5/1/17 | $60,000 | 5.50% | 5.50% | ||
5/1/18 | $60,000 | 5.75% | 5.75% | ||
5/1/19 | $65,000 | 6.00% | 6.00% |
L.O.: Axe & Ecklund, P.C., Grosse Pointe Farms, MI.
F.A.: Municipal Financial Consultants, Inc., Grosse Pointe Farms, MI.
Other bidders were:
Chemical Bank, TIC 5.8095%