CALIFORNIA
Los Gatos Union School District
May 11, 2011 . . . . . . $11,360,000
Election of 2010 General Obligation Bonds Series 2011A (Tax-Exempt) (book entry).
Dated May 25, 2011.
Due Aug 1, 2011 to 2035.
Callable Aug 1, 2021 at par.
Winning bid: Raymond James, at 100.6540, TIC 4.2419%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
8/1/11 | $2,320,000 | 2.00% | NRO | NRO | |
8/1/12 | $1,840,000 | 3.00% | NRO | NRO | |
8/1/13 | $300,000 | 2.00% | NRO | NRO | |
8/1/14 | $300,000 | 2.00% | NRO | NRO | |
8/1/15 | $300,000 | 3.00% | NRO | NRO | |
8/1/16 | $305,000 | 4.00% | NRO | NRO | |
8/1/17 | $235,000 | 4.00% | NRO | NRO | |
8/1/26 | $480,000 | 4.50% | NRO | NRO | |
8/1/27 | $490,000 | 4.50% | NRO | NRO | |
8/1/28 | $515,000 | 4.00% | 4.10% | ||
8/1/29 | $540,000 | 4.125% | 4.25% | ||
8/1/30 | $570,000 | 4.25% | 4.30% | ||
8/1/31 | $570,000 | 4.375% | 4.40% | ||
8/1/32 | $600,000 | 4.375% | 4.50% | ||
8/1/33 | $630,000 | 4.50% | 4.60% | ||
8/1/35 | $1,365,000 | 4.75% | 4.75% |
Other managers: UBS Financial Services, Inc..
L.O.: Sidley Austin LLP, San Francisco, CA.
F.A.: Government Financial Strategies, Inc., Sacramento, CA.
Other bidders were:
JPMorgan, TIC 4.3413%
Piper Jaffray, TIC 4.3551%
Stone & Youngberg, TIC 4.457%
Robert W. Baird, TIC 4.4734%
Morgan Stanley, TIC 4.5334%
Southwest Securities, TIC 4.5761%
Hutchinson Shockey, TIC 4.6154%
INDIANA
Batesville School Building Corporation
May 11, 2011 . . . . . . $12,000,000
Ad Valorem Property Tax First Mortgage Bonds, Series 2011 (book entry).
Dated May 25, 2011.
Due Jul 15, 2019 to Jan 15, 2029.
Callable Jul 15, 2021 at par.
Winning bid: Citigroup, at n/a, TIC 4.406%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
7/15/19 | $490,000 | 4.00% | 3.25% | ||
1/15/20 | $500,000 | 4.00% | 3.45% | ||
7/15/20 | $510,000 | 4.00% | 3.50% | ||
1/15/21 | $520,000 | 4.00% | 3.65% | ||
7/15/21 | $530,000 | 4.00% | 3.70% | ||
1/15/22 | $545,000 | 4.00% | 3.85% | ||
7/15/22 | $550,000 | 4.00% | 3.90% | ||
1/15/23 | $565,000 | 4.00% | 4.00% | ||
7/15/23 | $575,000 | 4.00% | 4.05% | ||
1/15/24 | $585,000 | 4.25% | 4.20% | ||
7/15/24 | $600,000 | 4.25% | 4.25% | ||
1/15/25 | $610,000 | 4.375% | 4.35% | ||
7/15/25 | $625,000 | 4.375% | 4.40% | ||
1/15/26 | $640,000 | 4.50% | 4.50% | ||
7/15/26 | $650,000 | 4.50% | 4.55% | ||
1/15/27 | $670,000 | 4.625% | 4.60% | ||
7/15/27 | $685,000 | 4.625% | 4.65% | ||
1/15/28 | $700,000 | 4.75% | 4.70% | ||
7/15/28 | $715,000 | 4.75% | 4.75% | ||
1/15/29 | $735,000 | 4.75% | 4.83% |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Indianapolis, IN.
Other bidders were:
BMO Capital Markets, TIC 4.4185%
Hutchinson Shockey, TIC 4.4321%
City Securities, TIC 4.4887%
Robert W. Baird, TIC 4.5394%
J.J.B. Hilliard, TIC 4.6972%
KENTUCKY
Grayson County School District Finance Corporation
May 11, 2011 . . . . . . $500,000
School Building Refunding Revenue Bonds, Series 2011B (Kentucky School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jun 2, 2011.
Due Oct 1, 2011 to 2018.
Non-callable.
Winning bid: J.J.B. Hilliard, at 98.8390, NIC 2.2977%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
10/1/18 | $500,000 | 2.00% | NRO | NRO |
L.O.: Frost Brown Todd LLC, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Morgan Keegan, NIC 2.9318%
MASSACHUSETTS
Billerica (Town)
May 11, 2011 . . . . . . $5,900,000
General Obligation Bond Anticipation Notes Unlimited Tax (book entry).
Dated May 20, 2011.
Due May 18, 2012.
L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.
F.A.: Eastern Bank Municipal Finance, Boston, MA.
Other bidders were:
Eastern Bk Muni Fin, Effective Rate 0.5035%
Jefferies, Effective Rate 0.505%
TD Securities, Effective Rate 0.5206%
FirstSouthwest, Effective Rate 0.5796%
Janney Montgomery, Effective Rate 0.5994%
Century Bk, Effective Rate 0.83%
Oppenheimer, Effective Rate 1.0073%
Billerica (Town)
May 11, 2011 . . . . . . $6,664,000
General Obligation Municipal Purpose Loan of 2011 Bonds (book entry).
Dated May 15, 2011.
Due May 15, 2012 to 2031.
Callable May 15, 2021 at par.
Winning bid: UBS Financial Svcs, at 101.0812, TIC 3.3516%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
5/15/12 | $454,000 | 2.00% | NRO | NRO | |
5/15/13 | $440,000 | 2.50% | NRO | NRO | |
5/15/14 | $435,000 | 3.00% | NRO | NRO | |
5/15/15 | $400,000 | 3.00% | NRO | NRO | |
5/15/16 | $400,000 | 3.00% | NRO | NRO | |
5/15/17 | $400,000 | 3.00% | NRO | NRO | |
5/15/18 | $395,000 | 3.00% | NRO | NRO | |
5/15/19 | $395,000 | 3.00% | NRO | NRO | |
5/15/20 | $395,000 | 3.00% | NRO | NRO | |
5/15/21 | $330,000 | 3.00% | NRO | NRO | |
5/15/22 | $265,000 | 3.125% | NRO | NRO | |
5/15/23 | $265,000 | 3.25% | NRO | NRO | |
5/15/24 | $265,000 | 3.50% | NRO | NRO | |
5/15/25 | $265,000 | 3.625% | NRO | NRO | |
5/15/26 | $260,000 | 3.75% | NRO | NRO | |
5/15/27 | $260,000 | 4.00% | NRO | NRO | |
5/15/28 | $260,000 | 4.00% | NRO | NRO | |
5/15/30 | $520,000 | 4.125% | NRO | NRO | |
5/15/31 | $260,000 | 4.25% | NRO | NRO |
Other managers: Roosevelt & Cross, Inc., CL King & Associates, Citigroup Global Markets, Inc..
L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.
F.A.: Eastern Bank Municipal Finance, Boston, MA.
Other bidders were:
Morgan Keegan, TIC 3.3728%
Raymond James, TIC 3.4107%
Morgan Stanley, TIC 3.4369%
JPMorgan, TIC 3.4728%
Janney Montgomery, TIC 3.5046%
MICHIGAN
Harbor Springs (City)
May 11, 2011 . . . . . . $2,200,000
Limited Tax General Obligation Bonds, Series 2011 (bank qualified) (book entry).
Dated Jun 1, 2011.
Due Oct 1, 2013 to 2030.
Callable Oct 1, 2020 at par.
Winning bid: Raymond James, at 99.0000, TIC 3.9771%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
10/1/13 | $50,000 | 2.50% | 1.00% | ||
10/1/14 | $50,000 | 2.50% | 1.36% | ||
10/1/15 | $75,000 | 2.50% | 1.68% | ||
10/1/16 | $75,000 | 2.50% | 1.88% | ||
10/1/17 | $75,000 | 2.50% | 2.21% | ||
10/1/18 | $100,000 | 2.50% | 2.50% | ||
10/1/19 | $100,000 | 3.00% | 2.80% | ||
10/1/20 | $100,000 | 3.50% | 3.04% | ||
10/1/21 | $100,000 | 3.50% | 3.24% | ||
10/1/22 | $125,000 | 3.50% | 3.40% | ||
10/1/23 | $125,000 | 4.00% | 3.57% | ||
10/1/24 | $150,000 | 4.00% | 3.74% | ||
10/1/25 | $150,000 | 4.00% | 3.89% | ||
10/1/27 | $325,000 | 4.00% | 4.00% | ||
10/1/30 | $600,000 | 4.30% | 4.40% |
Other managers: Comerica Securities, Bernardi Securities, Inc., Oppenheimer & Co., Inc., Stifel, Nicolaus & Co., Inc..
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
Other bidders were:
Hutchinson Shockey, TIC 4.0771%
Fifth Third Sec, TIC 4.2793%
Robert W. Baird, TIC 4.3186%
J.J.B. Hilliard, TIC 4.4512%
Ishpeming (City)
May 11, 2011 . . . . . . $2,975,000
2011 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated May 25, 2011.
Due Mar 1, 2012 to 2030.
Callable Mar 1, 2021 at par.
Winning bid: Fifth Third Sec, at 99.2899, TIC 4.514%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
3/1/12 | $95,000 | 3.00% | 1.25% | ||
3/1/13 | $95,000 | 3.00% | 1.50% | ||
3/1/14 | $105,000 | 3.00% | 2.00% | ||
3/1/15 | $115,000 | 3.00% | 2.45% | ||
3/1/16 | $120,000 | 3.00% | 2.70% | ||
3/1/17 | $120,000 | 3.25% | 3.05% | ||
3/1/18 | $130,000 | 4.00% | 3.40% | ||
3/1/19 | $210,000 | 4.00% | 3.70% | ||
3/1/20 | $220,000 | 4.25% | 3.90% | ||
3/1/21 | $225,000 | 4.25% | 4.10% | ||
3/1/23 | $295,000 | 4.25% | 4.30% | ||
3/1/25 | $315,000 | 4.375% | 4.50% | ||
3/1/27 | $350,000 | 4.625% | 4.70% | ||
3/1/30 | $580,000 | 5.00% | 4.95% |
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Comerica Securities, TIC 4.6061%
J.J.B. Hilliard, TIC 4.7282%
Robert W. Baird, TIC 4.8259%
MINNESOTA
Minneapolis (City)
May 10, 2011 . . . . . . $27,570,000
General Obligation Various Purpose Bonds, Series 2011 (book entry).
Dated May 26, 2011.
Due Dec 1, 2011 to 2015.
Non-callable.
Winning bid: Wells Fargo Secs, at 102.4707, TIC 0.5728%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
12/1/11 | $16,470,000 | 2.00% | S.B. | S.B. | |
12/1/12 | $7,600,000 | 3.00% | S.B. | S.B. | |
12/1/13 | $1,500,000 | 3.00% | 0.62% | ||
12/1/14 | $1,000,000 | 3.00% | 0.96% | ||
12/1/15 | $1,000,000 | 3.00% | 1.21% |
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
TD Securities, TIC 0.584%
Piper Jaffray, TIC 0.5893%
JPMorgan, TIC 0.6222%
Citigroup, TIC 0.6414%
FirstSouthwest, TIC 0.649%
Morgan Stanley, TIC 0.6859%
BofA Merrill Lynch, TIC 0.6872%
Jefferies, TIC 0.6881%
Hutchinson Shockey, TIC 0.6899%
Robert W. Baird, TIC 0.7039%
Southwest Securities, TIC 0.7059%
BMO Capital Markets, TIC 0.8113%
NEW JERSEY
Mullica Township
May 11, 2011 . . . . . . $489,000
Bond Anticipation Notes (bank qualified).
Dated May 18, 2011.
Due May 17, 2012.
Purchased $489,480,000.00 by Oppenheimer, at 3.0%, plus $14,149.85, effective rate 2.9016%.
L.O.: Fleishman Daniels Law Office, P.C., Northfield, NJ.
F.A.: Municipal Official(s).
NEW YORK
Blooming Grove (Town)
May 11, 2011 . . . . . . $2,056,392
Various Purposes Serial Bonds-2011 (bank qualified) (book entry).
Dated May 19, 2011.
Due May 1, 2012 to 2022.
Callable May 1, 2018 at par.
Winning bid: Roosevelt & Cross, at n/a, TIC 2.7429%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
5/1/12 | $146,392 | 2.00% | NRO | NRO | |
5/1/13 | $175,000 | 2.00% | NRO | NRO | |
5/1/14 | $175,000 | 2.25% | NRO | NRO | |
5/1/15 | $180,000 | 2.25% | NRO | NRO | |
5/1/16 | $180,000 | 2.25% | NRO | NRO | |
5/1/17 | $185,000 | 2.25% | NRO | NRO | |
5/1/18 | $190,000 | 2.50% | NRO | NRO | |
5/1/19 | $195,000 | 2.75% | NRO | NRO | |
5/1/20 | $205,000 | 3.00% | NRO | NRO | |
5/1/21 | $210,000 | 3.125% | NRO | NRO | |
5/1/22 | $215,000 | 3.25% | NRO | NRO |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., CL King & Associates.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Robert W. Baird, TIC 2.7959%
Bernardi Securities, TIC 2.9171%
Eden (Town)
May 11, 2011 . . . . . . $2,350,000
Bond Anticipation Notes, 2011A (bank qualified).
Dated May 25, 2011.
Due May 24, 2012.
Purchased $2,350,000.00 by Roosevelt & Cross, at 2.0%, plus $5,875.00, effective rate 1.7493%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc, Canandaigua, NY.
Other bidders were:
First Niagara Bank, Effective Rate 2.0%
Oppenheimer, Effective Rate 2.74%
OKLAHOMA
Garfield County Independent School District No. 47 (Garber)
May 11, 2011 . . . . . . $80,000
Building Bonds of 2011 (bank qualified) (book entry).
Dated Jul 1, 2011.
Due Jul 1, 2013.
Non-callable.
Winning bid: Commerce Bank, at n/a, NIC 1.0%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
7/1/13 | $80,000 | 1.00% | NRO | NRO |
In association with: First Bank & Trust Company of Perry.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Baker Group, NIC 3.0%
Lincoln County Independent School District No. 134
May 11, 2011 . . . . . . $280,000
Building Bonds of 2011 (bank qualified) (book entry).
Dated Jul 1, 2011.
Due Jul 1, 2013 to 2016.
Non-callable.
Winning bid: Farmers & Merchants, at n/a, NIC 1.9214%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
7/1/13 | $70,000 | 1.10% | NRO | NRO | |
7/1/14 | $70,000 | 1.40% | NRO | NRO | |
7/1/15 | $70,000 | 2.00% | NRO | NRO | |
7/1/16 | $70,000 | 2.50% | NRO | NRO |
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Commerce Bank, NIC 2.4964%
Baker Group, NIC 3.0143%
Marshall County Independent School District No. 2 (Madill)
May 11, 2011 . . . . . . $1,340,000
Building Bonds of 2011 (bank qualified) (book entry).
Dated Jul 1, 2011.
Due Jul 1, 2013 to 2016.
Non-callable.
Winning bid: UMB Bank, at n/a, NIC 1.5233%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
7/1/13 | $200,000 | 1.30% | NRO | NRO | |
7/1/14 | $380,000 | 1.40% | NRO | NRO | |
7/1/15 | $380,000 | 1.40% | NRO | NRO | |
7/1/16 | $380,000 | 1.75% | NRO | NRO |
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Country Club Bank, NIC 1.5306%
Baker Group, NIC 1.6018%
Osage County Independent School District No. 38 (Hominy)
May 11, 2011 . . . . . . $430,000
Building Bonds of 2011 (bank qualified) (book entry).
Dated Jul 1, 2011.
Due Jul 1, 2013 to 2017.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 1.9949%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
7/1/13 | $70,000 | 2.00% | NRO | NRO | |
7/1/14 | $90,000 | 2.00% | NRO | NRO | |
7/1/15 | $90,000 | 1.60% | NRO | NRO | |
7/1/16 | $90,000 | 2.00% | NRO | NRO | |
7/1/17 | $90,000 | 2.25% | NRO | NRO |
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
PENNSYLVANIA
Hempfield School District
May 10, 2011 . . . . . . $11,635,000
General Obligation Notes, Series of 2011 (book entry). $3,445,000
Dated Jun 13, 2011.
Due Oct 15, 2011 to 2023.
Callable Oct 15, 2016 at par.
Winning bid: Morgan Stanley, at n/a, TIC 2.6177%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
10/15/11 | $250,000 | 2.50% | NRO | NRO | |
10/15/12 | $5,000 | 2.50% | NRO | NRO | |
10/15/13 | $5,000 | 2.50% | NRO | NRO | |
10/15/14 | $5,000 | 2.50% | NRO | NRO | |
10/15/15 | $5,000 | 2.50% | NRO | NRO | |
10/15/16 | $5,000 | 2.50% | NRO | NRO | |
10/15/17 | $5,000 | 2.50% | NRO | NRO | |
10/15/18 | $490,000 | 3.00% | NRO | NRO | |
10/15/19 | $500,000 | 3.00% | NRO | NRO | |
10/15/20 | $520,000 | 3.00% | NRO | NRO | |
10/15/21 | $540,000 | 3.00% | NRO | NRO | |
10/15/22 | $550,000 | 3.25% | NRO | NRO | |
10/15/23 | $565,000 | 3.25% | NRO | NRO |
General Obligation Bonds, Series A of 2011 (book entry). $8,190,000
Dated Jun 13, 2011.
Due Oct 15, 2011 to 2021.
Callable Oct 15, 2016 at par.
Winning bid: Morgan Stanley, at n/a, TIC 2.6177%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
10/15/11 | $110,000 | 3.00% | NRO | NRO | |
10/15/12 | $5,000 | 3.00% | NRO | NRO | |
10/15/13 | $25,000 | 3.00% | NRO | NRO | |
10/15/14 | $40,000 | 3.00% | NRO | NRO | |
10/15/15 | $4,795,000 | 4.00% | NRO | NRO | |
10/15/16 | $200,000 | 3.00% | NRO | NRO | |
10/15/17 | $30,000 | 3.00% | NRO | NRO | |
10/15/18 | $715,000 | 3.00% | NRO | NRO | |
10/15/19 | $735,000 | 3.00% | NRO | NRO | |
10/15/20 | $755,000 | 3.00% | NRO | NRO | |
10/15/21 | $780,000 | 3.00% | NRO | NRO |
L.O.: Kegel Kelin Almy & Grimm LLP, Lancaster, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Roosevelt & Cross, TIC 2.6358%
Janney Montgomery, TIC 2.8339%
Robert W. Baird, TIC 3.0295%
TEXAS
Georgetown (City)
May 10, 2011 . . . . . . $9,720,000
Combination Tax and Revenue Certificates of Obligation, Series 2011 (bank qualified) (book entry).
Dated May 1, 2011.
Due Aug 15, 2012 to 2031.
Callable Aug 15, 2020 at par.
Winning bid: JPMorgan, at 100.0000, TIC 3.2149%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
8/15/12 | $320,000 | 2.00% | 0.45% | ||
8/15/13 | $495,000 | 2.00% | 0.70% | ||
8/15/14 | $505,000 | 2.00% | 1.00% | ||
8/15/15 | $525,000 | 2.00% | 1.30% | ||
8/15/16 | $540,000 | 2.00% | 1.50% | ||
8/15/17 | $425,000 | 2.00% | 1.80% | ||
8/15/18 | $435,000 | 2.25% | 2.05% | ||
8/15/19 | $415,000 | 2.50% | NRO | NRO | |
8/15/20 | $435,000 | 2.75% | 2.50% | ||
8/15/21 | $450,000 | 3.00% | 2.65% | ||
8/15/22 | $420,000 | 3.00% | 2.80% | ||
8/15/23 | $440,000 | 3.00% | 2.95% | ||
8/15/24 | $460,000 | 3.00% | 3.10% | ||
8/15/25 | $480,000 | 3.25% | 3.25% | ||
8/15/26 | $505,000 | 3.25% | 3.35% | ||
8/15/27 | $525,000 | 3.50% | 3.50% | ||
8/15/28 | $545,000 | 3.50% | 3.60% | ||
8/15/29 | $570,000 | 3.75% | 3.70% | ||
8/15/31 | $1,230,000 | 4.00% | NRO | NRO |
Other managers: UBS Financial Services, Inc..
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Raymond James, TIC 3.2499%
RBC Capital Mkts, TIC 3.2603%
Morgan Keegan, TIC 3.3051%
Hutchinson Shockey, TIC 3.3548%
FTN Fin Cap Mkts, TIC 3.3652%
Piper Jaffray, TIC 3.3703%
Southwest Securities, TIC 3.378%
BOSC, TIC 3.4039%
SAMCO Cap Mkts, TIC 3.41%
FirstSouthwest, TIC 3.429%
Ross Sinclaire, TIC 3.4887%
Sterne Agee, TIC 3.5167%
Harris County Municipal Utility District No. 220
May 11, 2011 . . . . . . $1,220,000
Unlimited Tax Bonds, Series 2011 (bank qualified) (book entry).
Dated Jun 1, 2011.
Due Sep 1, 2012 to 2036.
Callable Sep 1, 2018 at par.
Winning bid: FirstSouthwest, at 98.0000, NIC 5.5957%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
9/1/12 | $20,000 | 6.00% | 2.50% | ||
9/1/13 | $20,000 | 6.00% | 2.75% | ||
9/1/14 | $20,000 | 6.00% | 3.00% | ||
9/1/15 | $25,000 | 5.00% | 3.50% | ||
9/1/16 | $20,000 | 5.00% | 3.75% | ||
9/1/17 | $25,000 | 5.00% | 3.90% | ||
9/1/18 | $25,000 | 4.00% | 4.00% | ||
9/1/19 | $25,000 | 4.10% | 4.10% | ||
9/1/20 | $30,000 | 4.25% | 4.25% | ||
9/1/21 | $30,000 | 4.40% | 4.40% | ||
9/1/22 | $30,000 | 4.60% | 4.60% | ||
9/1/23 | $25,000 | 4.80% | 4.80% | ||
9/1/24 | $30,000 | 4.90% | 4.90% | ||
9/1/25 | $30,000 | 5.00% | 5.00% | ||
9/1/26 | $35,000 | 5.25% | 5.25% | ||
9/1/27 | $35,000 | 5.40% | 5.40% | ||
9/1/28 | $35,000 | 5.50% | 5.50% | ||
9/1/30 | $80,000 | 5.625% | 5.625% | ||
9/1/36 | $680,000 | 5.625% | 5.70% |
L.O.: Smith, Murdaugh, Little & Bonham, Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
GMS Group, NIC 5.6478%
RBC Capital Mkts, NIC 5.728%
Southwest Securities, NIC 5.7628%
VIRGINIA
Virginia Transportation Board
May 11, 2011 . . . . . . $600,000,000
Transportation Capital Projects Revenue Bonds, Series 2011 (book entry).
Dated May 25, 2011.
Due May 15, 2012 to 2036.
Callable May 15, 2021 at par.
Winning bid: Wells Fargo Secs, at 107.8970, TIC 4.0246%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
5/15/12 | $3,785,000 | 3.00% | S.B. | S.B. | |
5/15/13 | $13,965,000 | 5.00% | NRO | NRO | |
5/15/14 | $14,665,000 | 5.00% | NRO | NRO | |
5/15/15 | $15,400,000 | 5.00% | NRO | NRO | |
5/15/16 | $16,170,000 | 5.00% | NRO | NRO | |
5/15/17 | $16,975,000 | 5.00% | NRO | NRO | |
5/15/18 | $17,825,000 | 2.25% | 2.00% | ||
5/15/19 | $18,225,000 | 5.00% | 2.30% | ||
5/15/20 | $19,135,000 | 5.00% | 2.55% | ||
5/15/21 | $20,095,000 | 5.00% | 2.76% | ||
5/15/22 | $21,100,000 | 3.00% | 3.05% | ||
5/15/23 | $21,730,000 | 5.25% | 3.10% | ||
5/15/24 | $22,870,000 | 5.25% | 3.27% | ||
5/15/25 | $24,075,000 | 5.00% | 3.46% | ||
5/15/26 | $25,275,000 | 5.00% | 3.58% | ||
5/15/27 | $26,540,000 | 5.00% | 3.68% | ||
5/15/28 | $27,870,000 | 4.00% | 4.10% | ||
5/15/29 | $28,985,000 | 4.00% | NRO | NRO | |
5/15/30 | $30,140,000 | 5.00% | 3.94% | ||
5/15/31 | $31,650,000 | 5.00% | 4.03% | ||
5/15/32 | $33,230,000 | 5.00% | 4.12% | ||
5/15/33 | $34,895,000 | 5.00% | 4.21% | ||
5/15/34 | $36,635,000 | 5.00% | 4.29% | ||
5/15/35 | $38,470,000 | 4.75% | 4.50% | ||
5/15/36 | $40,295,000 | 4.50% | 4.60% |
L.O.: McGuireWoods LLP, Richmond, VA.
F.A.: Public Resources Advisory Group, New York, NY.
Other bidders were:
BofA Merrill Lynch, TIC 4.0634%
JPMorgan, TIC 4.0714%
Barclays Capital, TIC 4.1005%
Morgan Stanley, TIC 4.1352%
Citigroup, TIC 4.136%
Goldman Sachs, TIC 4.1773%
WISCONSIN
Delavan (City)
May 10, 2011 . . . . . . $2,770,000
General Obligation Fire Station Building Bonds, Series 2011 (bank qualified) (book entry).
Dated May 26, 2011.
Due Mar 1, 2014 to 2026.
Callable Mar 1, 2021 at par.
Winning bid: Bankers' Bank, at n/a, TIC 3.0676%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
3/1/14 | $180,000 | 1.40% | NRO | NRO | |
3/1/15 | $180,000 | 1.60% | NRO | NRO | |
3/1/16 | $185,000 | 1.90% | NRO | NRO | |
3/1/17 | $190,000 | 2.20% | NRO | NRO | |
3/1/18 | $195,000 | 2.40% | NRO | NRO | |
3/1/19 | $205,000 | 2.60% | NRO | NRO | |
3/1/20 | $210,000 | 2.80% | NRO | NRO | |
3/1/21 | $220,000 | 3.00% | NRO | NRO | |
3/1/22 | $225,000 | 3.10% | NRO | NRO | |
3/1/23 | $235,000 | 3.20% | NRO | NRO | |
3/1/24 | $240,000 | 3.30% | NRO | NRO | |
3/1/25 | $250,000 | 3.40% | NRO | NRO | |
3/1/26 | $255,000 | 3.60% | NRO | NRO |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 3.1752%
M&I Marshall, TIC 3.289%
Bernardi Securities, TIC 3.2899%
Robert W. Baird, TIC 3.3241%
Marshfield (City)
May 10, 2011 . . . . . . $6,575,000
General Obligation Promissory Notes, Series 2011A (bank qualified) (book entry).
Dated Jun 1, 2011.
Due Mar 1, 2012 to 2021.
Callable Mar 1, 2019 at par.
Winning bid: UMB Bank, at 99.2100, TIC 2.2389%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
3/1/12 | $360,000 | 0.45% | NRO | NRO | |
3/1/13 | $625,000 | 0.70% | NRO | NRO | |
3/1/14 | $635,000 | 1.00% | NRO | NRO | |
3/1/15 | $650,000 | 1.25% | NRO | NRO | |
3/1/16 | $665,000 | 1.60% | NRO | NRO | |
3/1/17 | $680,000 | 1.85% | NRO | NRO | |
3/1/18 | $700,000 | 2.10% | NRO | NRO | |
3/1/19 | $725,000 | 2.35% | NRO | NRO | |
3/1/20 | $755,000 | 2.50% | NRO | NRO | |
3/1/21 | $780,000 | 2.70% | NRO | NRO |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Public Financial Management, Inc., Milwaukee, WI.
Other bidders were:
Robert W. Baird, TIC 2.3571%
Raymond James, TIC 2.3996%
Piper Jaffray, TIC 2.4294%
M&I Marshall, TIC 2.4353%
Morgan Keegan, TIC 2.4522%
BMO Capital Markets, TIC 2.4979%
TAXABLE ISSUES
ARKANSAS
Woodlawn School District No. 6 of Cleveland County
May 11, 2011 . . . . . . $725,000
Construction Bonds (Qualified School Construction Bonds-Direct Payment) (Arkansas School District Credit Enhancement Program) (book entry).
Dated Jun 1, 2011.
Due Jun 1, 2026.
Callable Jun 1, 2016 at par.
Winning bid: Morgan Keegan, at 98.7750, TIC 5.0172%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
6/1/26 | $725,000 | 4.90% | NRO | NRO |
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: Stephens Inc., Little Rock, AR.
Other bidders were:
Ross Sinclaire, TIC 5.1123%
Crews & Associates, TIC 5.147%
FTN Fin Cap Mkts, TIC 5.1887%
CALIFORNIA
Los Gatos Union School District
May 11, 2011 . . . . . . $4,340,000
Election of 2010 General Obligation Bonds Series 2011B Qualified School Construction Bonds (Federally Taxable Direct Subsidy) (book entry).
Dated May 25, 2011.
Due Aug 1, 2017 to 2025.
Non-callable.
Winning bid: Morgan Stanley, at 99.0400, TIC 4.6972%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
8/1/17 | $150,000 | 3.25% | 3.25% | ||
8/1/18 | $400,000 | 3.50% | 3.50% | ||
8/1/19 | $400,000 | 4.00% | 4.00% | ||
8/1/20 | $420,000 | 4.20% | 4.20% | ||
8/1/21 | $400,000 | 4.40% | 4.40% | ||
8/1/22 | $475,000 | 4.60% | 4.60% | ||
8/1/23 | $695,000 | 4.80% | 4.80% | ||
8/1/24 | $700,000 | 5.00% | 5.00% | ||
8/1/25 | $700,000 | 5.10% | 5.10% |
Other managers: Citigroup Global Markets, Inc..
L.O.: Sidley Austin LLP, San Francisco, CA.
F.A.: Government Financial Strategies, Inc., Sacramento, CA.
Other bidders were:
BMO Capital Markets, TIC 4.9493%
Robert W. Baird, TIC 5.0049%
Stone & Youngberg, TIC 5.0248%
IOWA
Cedar Rapids (City)
May 10, 2011 . . . . . . $1,140,000
Taxable General Obligation Bonds, Series 2011C (book entry).
Dated Jun 8, 2011.
Due Jun 1, 2012 to 2019.
Non-callable.
Winning bid: Bankers' Bank, at n/a, TIC 2.393%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
6/1/12 | $155,000 | 1.00% | NRO | NRO | |
6/1/13 | $160,000 | 1.20% | NRO | NRO | |
6/1/14 | $165,000 | 1.40% | NRO | NRO | |
6/1/15 | $170,000 | 1.80% | NRO | NRO | |
6/1/16 | $175,000 | 2.20% | NRO | NRO | |
6/1/17 | $100,000 | 2.60% | NRO | NRO | |
6/1/18 | $105,000 | 3.00% | NRO | NRO | |
6/1/19 | $110,000 | 3.30% | NRO | NRO |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Public Financial Management, Inc., Des Moines, IA.
Other bidders were:
UMB Bank, TIC 2.5361%
Cronin, TIC 2.5444%
Hutchinson Shockey, TIC 2.5555%
M&I Marshall, TIC 2.5697%
Northland Securities, TIC 2.5798%
KENTUCKY
Grayson County School District Finance Corporation
May 11, 2011 . . . . . . $1,920,000
School Building Revenue Bonds, Series 2011A (Qualified Zone Academy Bonds - Direct Pay to Issuer) (Kentucky School District Credit Enhancement Program) (book entry).
Dated Jun 2, 2011.
Due Jun 1, 2026.
Callable Jun 1, 2021 at par.
Winning bid: Robert W. Baird, at 99.1000, NIC 4.96%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
6/1/26 | $1,920,000 | 4.90% | NRO | NRO |
Other managers: Ross, Sinclaire & Associates, Inc., Coastal Securities Corp., Duncan-Williams, Inc., CL King & Associates, SAMCO Capital Markets, Crews & Associates, Inc., Kildare Capital, Inc., Loop Capital Markets, LLC, Edward D. Jones & Co., FTN Financial Capital Markets, PNC Capital Markets.
L.O.: Frost Brown Todd LLC, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
J.J.B. Hilliard, NIC 5.0888%
Morgan Keegan, NIC 5.2683%
MICHIGAN
Hillsdale County
May 11, 2011 . . . . . . $3,200,000
General Obligation Limited Tax Notes, Series 2011 (Taxable Oblgiation).
Dated May 25, 2011.
Due Oct 1, 2011 to 2013.
Callable Apr 1, 2013 at par.
Winning bid: Chemical Bk & Tr, at n/a, NIC 2.2763%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
10/1/11 | $500,000 | 1.75% | NRO | NRO | |
4/1/12 | $1,100,000 | 2.40% | NRO | NRO | |
10/1/12 | $600,000 | 1.55% | NRO | NRO | |
4/1/13 | $500,000 | 2.10% | NRO | NRO | |
10/1/13 | $500,000 | 2.70% | NRO | NRO |
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: H.J. Umbaugh & Associates, Lansing, MI.
Other bidders were:
Comerica Securities, NIC 2.6138%
County Nat'l Bank, NIC 2.8737%
Central State Bank, NIC 2.8896%
Hutchinson Shockey, NIC 3.4486%