ARKANSAS
Jessieville School District No. 1 of Garland County
Feb 18, 2015 . . . . . . $1,780,000
Refunding Bonds (Arkansas State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Mar 1, 2015.
Due Feb 1, 2017 to 2039.
Callable Aug 1, 2027 at par.
Winning bid: Ross Sinclaire, at 98.3192, TIC 2.9179%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/19 | $155,000 | 1.00% | 1.00% | ||
| 2/1/21 | $130,000 | 1.30% | 1.30% | ||
| 2/1/23 | $140,000 | 1.625% | 1.65% | ||
| 2/1/25 | $145,000 | 2.00% | 2.00% | ||
| 2/1/27 | $150,000 | 2.25% | 2.25% | ||
| 2/1/29 | $155,000 | 2.50% | 2.50% | ||
| 2/1/34 | $420,000 | 3.00% | 3.00% | ||
| 2/1/36 | $185,000 | 3.125% | 3.15% | ||
| 2/1/39 | $300,000 | 3.30% | 3.30% |
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: First Security Beardsley Public Finance, Little Rock, AR.
Other bidders were:
FTN Fin Cap Mkts, TIC 3.0234%
Raymond James, TIC 3.1488%
CONNECTICUT
Norwich (City)
Feb 18, 2015 . . . . . . $5,600,000
General Obligation Bonds, Issue of 2015 Series A Capital Project Bonds (bank qualified) (book entry).
Dated Mar 3, 2015.
Due Aug 1, 2015 to 2034.
Callable Aug 1, 2024 at par.
Winning bid: BOSC, at 106.4015, TIC 2.5088%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/15 | $250,000 | 3.00% | 0.35% | ||
| 8/1/16 | $350,000 | 3.00% | 0.40% | ||
| 8/1/17 | $350,000 | 3.00% | 0.65% | ||
| 8/1/18 | $350,000 | 4.00% | 0.90% | ||
| 8/1/19 | $350,000 | 4.00% | 1.10% | ||
| 8/1/20 | $350,000 | 4.00% | 1.35% | ||
| 8/1/21 | $275,000 | 4.00% | 1.50% | ||
| 8/1/22 | $275,000 | 4.00% | 1.65% | ||
| 8/1/23 | $275,000 | 4.00% | 1.90% | ||
| 8/1/24 | $275,000 | 4.00% | 2.10% | ||
| 8/1/25 | $250,000 | 3.00% | 2.25% | ||
| 8/1/26 | $250,000 | 3.00% | 2.35% | ||
| 8/1/27 | $250,000 | 3.00% | 2.45% | ||
| 8/1/28 | $250,000 | 3.00% | 2.55% | ||
| 8/1/29 | $250,000 | 3.00% | 2.65% | ||
| 8/1/30 | $250,000 | 3.00% | 2.75% | ||
| 8/1/31 | $250,000 | 3.00% | 2.85% | ||
| 8/1/32 | $250,000 | 3.00% | 2.95% | ||
| 8/1/33 | $250,000 | 3.25% | 3.05% | ||
| 8/1/34 | $250,000 | 3.25% | 3.15% |
Other managers: Sterne, Agee & Leach, Inc, SunTrust Robinson Humphrey.
L.O.: Joseph Fasi LLC, Hartford, CT.
F.A.: William Blair & Company, LLC, Chicago, IL.
Other bidders were:
FTN Fin Cap Mkts, TIC 2.5477%
Janney Montgomery, TIC 2.5789%
Robert W. Baird, TIC 2.6411%
Raymond James, TIC 2.7525%
UBS Financial Svcs, TIC 2.84%
Windsor Locks (Town)
Feb 18, 2015 . . . . . . $1,020,000
Bond Anticipation Notes (bank qualified).
Dated Feb 26, 2015.
Due Jun 25, 2015.
Purchased $1,020,000.00 by Jefferies, at 0.75%, plus $908.00, effective rate 0.48%.
L.O.: Day Pitney LLP, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 0.55%
ILLINOIS
Mokena Community Park District
Feb 18, 2015 . . . . . . $675,000
General Obligation Refunding Bonds, Series 2015B (bank qualified) (book entry).
Dated Mar 12, 2015.
Due Dec 30, 2015 to 2017.
Non-callable.
Winning bid: Sterne Agee, at 102.9816, TIC 1.0932%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/30/15 | $275,000 | 3.00% | 0.45% | ||
| 12/30/16 | $240,000 | 3.00% | 0.60% | ||
| 12/30/17 | $160,000 | 3.00% | 0.85% |
Other managers: BOSC, Inc., SunTrust Robinson Humphrey.
L.O.: Ice Miller, Chicago, IL.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Hutchinson Shockey, TIC 1.2321%
Bernardi Securities, TIC 1.8361%
Mokena Community Park District
Feb 18, 2015 . . . . . . $5,825,000
General Obligation Park Bonds, Series 2015A (bank qualified) (book entry).
Dated Mar 12, 2015.
Due Dec 30, 2017 to 2034.
Callable Dec 30, 2024 at par.
Winning bid: Janney Montgomery, at 104.4916, TIC 2.9176%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/30/17 | $85,000 | 2.00% | 1.00% | ||
| 12/30/18 | $250,000 | 3.00% | 1.25% | ||
| 12/30/19 | $260,000 | 4.00% | 1.45% | ||
| 12/30/20 | $270,000 | 4.00% | 1.65% | ||
| 12/30/21 | $280,000 | 4.00% | 1.85% | ||
| 12/30/22 | $290,000 | 4.00% | 2.05% | ||
| 12/30/23 | $305,000 | 4.00% | 2.20% | ||
| 12/30/24 | $315,000 | 4.00% | 2.35% | ||
| 12/30/25 | $330,000 | 3.00% | 2.50% | ||
| 12/30/26 | $335,000 | 3.00% | 2.65% | ||
| 12/30/27 | $345,000 | 3.00% | 2.80% | ||
| 12/30/28 | $360,000 | 3.00% | 2.85% | ||
| 12/30/29 | $370,000 | 3.00% | 2.95% | ||
| 12/30/30 | $380,000 | 3.00% | 3.00% | ||
| 12/30/31 | $390,000 | 3.25% | 3.10% | ||
| 12/30/32 | $405,000 | 3.50% | 3.20% | ||
| 12/30/33 | $420,000 | 3.50% | 3.25% | ||
| 12/30/34 | $435,000 | 3.50% | 3.30% |
L.O.: Ice Miller, Chicago, IL.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
FTN Fin Cap Mkts, TIC 2.9204%
Sterne Agee, TIC 2.9373%
BMO Cap Mkts GKST, TIC 2.9873%
KeyBanc Cap Mkts, TIC 3.0143%
Robert W. Baird, TIC 3.0163%
Hutchinson Shockey, TIC 3.3825%
KENTUCKY
Ashland (City)
Feb 18, 2015 . . . . . . $3,550,000
Water and Sewer System Revenue Bonds, Series 2015 (bank qualified) (book entry).
Dated Mar 11, 2015.
Due Apr 1, 2016 to 2031.
Callable Apr 1, 2025 at par.
Winning bid: Sterne Agee, at 101.8129, TIC 2.825%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/16 | $195,000 | 3.00% | 0.60% | MAC | |
| 4/1/17 | $200,000 | 3.00% | 0.85% | MAC | |
| 4/1/18 | $175,000 | 3.00% | 1.10% | MAC | |
| 4/1/19 | $185,000 | 3.00% | 1.35% | MAC | |
| 4/1/20 | $190,000 | 3.00% | 1.55% | MAC | |
| 4/1/21 | $195,000 | 3.00% | 1.80% | MAC | |
| 4/1/22 | $205,000 | 3.00% | 2.00% | MAC | |
| 4/1/23 | $210,000 | 3.00% | 2.25% | MAC | |
| 4/1/24 | $215,000 | 3.00% | 2.35% | MAC | |
| 4/1/25 | $220,000 | 3.00% | 2.50% | MAC | |
| 4/1/27 | $490,000 | 3.00% | 2.75% | MAC | |
| 4/1/29 | $520,000 | 3.00% | 3.00% | MAC | |
| 4/1/31 | $550,000 | 3.25% | 3.25% | MAC |
Other managers: BOSC, Inc., SunTrust Robinson Humphrey.
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
J.J.B. Hilliard, TIC 2.829%
Hutchinson Shockey, TIC 2.9555%
Robert W. Baird, TIC 2.9745%
Metcalfe County School District Finance Corp.
Feb 18, 2015 . . . . . . $12,345,000
School Building Refunding Revenue Bonds, Series of 2015 (Kentucky State School District Credit Enhancement Program) (book entry).
Dated Mar 1, 2015.
Due Jun 1, 2015 to Dec 1, 2030.
Callable Mar 1, 2025 at par.
Winning bid: Robert W. Baird, at 100.6402, NIC 2.7477%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/15 | $95,000 | 2.00% | 0.40% | ||
| 12/1/15 | $645,000 | 2.00% | 0.40% | ||
| 12/1/16 | $660,000 | 2.00% | 0.60% | ||
| 12/1/17 | $685,000 | 2.00% | 0.90% | ||
| 12/1/18 | $700,000 | 2.00% | 1.20% | ||
| 12/1/19 | $715,000 | 2.00% | 1.40% | ||
| 12/1/20 | $725,000 | 2.00% | 1.65% | ||
| 12/1/21 | $735,000 | 2.00% | 1.85% | ||
| 12/1/22 | $755,000 | 3.00% | 2.10% | ||
| 12/1/23 | $775,000 | 3.00% | 2.30% | ||
| 12/1/24 | $780,000 | 3.00% | 2.50% | ||
| 12/1/25 | $800,000 | 3.00% | 2.60% | ||
| 12/1/27 | $1,655,000 | 3.00% | 3.00% | ||
| 12/1/28 | $865,000 | 3.00% | 3.05% | ||
| 12/1/29 | $890,000 | 3.00% | 3.10% | ||
| 12/1/30 | $865,000 | 3.00% | 3.15% |
Other managers: CL King & Associates, Crews & Associates, Inc., Loop Capital Markets, LLC, WNJ Capital, Duncan-Williams, Inc., Davenport & Company LLC, SAMCO Capital Markets, Coastal Securities Corp., CastleOak Securities, L.P., Isaak Bond Investments, Inc., Wedbush Securities Inc., Incapital LLC, R. Seelaus & Co., Inc., Vining-Sparks IBG, Limited Partnership, Oppenheimer & Co., Inc., Alamo Capital, First Kentucky Securities Corp., SumRidge Partners, LLC, PNC Capital Markets, FTN Financial Capital Markets, Southwest Securities, Inc., Bank of New York Mellon Capital Markets, LLC, IFS Securities, Stifel, Nicolaus & Co., Inc., Sierra Pacific Securities.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
J.J.B. Hilliard, NIC 2.7816%
Hutchinson Shockey, NIC 2.9689%
Ohio County Water District
Feb 18, 2015 . . . . . . $960,000
Waterworks Refunding Revenue Bonds, Series 2015 (bank qualified) (book entry).
Dated Mar 19, 2015.
Due Aug 1, 2015 to 2023.
Non-callable.
Winning bid: City Securities, at 100.6969, NIC 1.9495%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/15 | $90,000 | 2.00% | 0.35% | BAM | |
| 8/1/16 | $105,000 | 2.00% | 0.55% | BAM | |
| 8/1/17 | $100,000 | 2.00% | 0.85% | BAM | |
| 8/1/18 | $105,000 | 2.00% | 1.15% | BAM | |
| 8/1/19 | $110,000 | 2.00% | 1.35% | BAM | |
| 8/1/20 | $110,000 | 2.00% | 1.55% | BAM | |
| 8/1/21 | $110,000 | 2.00% | 1.80% | BAM | |
| 8/1/22 | $115,000 | 2.25% | 2.05% | BAM | |
| 8/1/23 | $115,000 | 2.25% | 2.25% | BAM |
L.O.: Rubin & Hays, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Ross Sinclaire, NIC 2.0188%
Walton-Verona Independent School District Finance Corporation
Feb 18, 2015 . . . . . . $7,635,000
School Building Refunding Revenue Bonds, Series 2015 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Mar 1, 2015.
Due Aug 1, 2015 to 2026.
Callable Mar 1, 2025 at par.
Winning bid: Sterne Agee, at 100.9508, NIC 2.0834%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/15 | $95,000 | 2.00% | 0.40% | ||
| 8/1/16 | $85,000 | 2.00% | 0.55% | ||
| 8/1/17 | $590,000 | 2.00% | 0.80% | ||
| 8/1/18 | $625,000 | 2.00% | 1.05% | ||
| 8/1/19 | $640,000 | 2.00% | 1.25% | ||
| 8/1/20 | $655,000 | 2.00% | 1.45% | ||
| 8/1/21 | $670,000 | 2.00% | 1.60% | ||
| 8/1/22 | $795,000 | 2.00% | 1.75% | ||
| 8/1/23 | $815,000 | 2.00% | 2.00% | ||
| 8/1/24 | $875,000 | 2.25% | 2.15% | ||
| 8/1/25 | $905,000 | 2.50% | 2.30% | ||
| 8/1/26 | $885,000 | 2.50% | 2.40% |
Other managers: BOSC, Inc., SunTrust Robinson Humphrey.
L.O.: Taft, Stettinius & Hollister LLP, Covington, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
Other bidders were:
J.J.B. Hilliard, NIC 2.1079%
Raymond James, NIC 2.2337%
Robert W. Baird, NIC 2.2892%
LOUISIANA
Ruston School District No. 1
Feb 18, 2015 . . . . . . $5,000,000
General Obligation School Bonds, Series 2015 (bank qualified).
Dated Mar 25, 2015.
Due Mar 1, 2018 to 2035.
Callable Mar 1, 2025 at par.
Winning bid: Raymond James, at 102.3859, TIC 2.6505%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $70,000 | 3.00% | 0.90% | ||
| 3/1/19 | $75,000 | 3.00% | 1.10% | ||
| 3/1/20 | $80,000 | 3.00% | 1.30% | ||
| 3/1/21 | $85,000 | 3.00% | 1.40% | ||
| 3/1/22 | $265,000 | 3.00% | 1.55% | ||
| 3/1/23 | $275,000 | 2.00% | 1.65% | ||
| 3/1/24 | $280,000 | 2.00% | 1.80% | ||
| 3/1/25 | $295,000 | 2.50% | 1.90% | ||
| 3/1/26 | $305,000 | 2.25% | 2.10% | ||
| 3/1/27 | $315,000 | 2.25% | 2.15% | ||
| 3/1/28 | $330,000 | 2.25% | 2.20% | ||
| 3/1/29 | $335,000 | 2.75% | 2.50% | ||
| 3/1/30 | $350,000 | 2.75% | 2.60% | ||
| 3/1/31 | $365,000 | 3.00% | 2.65% | ||
| 3/1/32 | $375,000 | 3.125% | 2.80% | ||
| 3/1/33 | $390,000 | 3.25% | 2.90% | ||
| 3/1/34 | $400,000 | 3.375% | 3.00% | ||
| 3/1/35 | $410,000 | 3.50% | 3.10% |
Other managers: Dorsey & Company, Inc..
L.O.: Foley & Judell, New Orleans, LA.
F.A.: Government Consultants of Louisiana, Inc, Baton Rouge, LA.
Other bidders were:
FTN Fin Cap Mkts, TIC 2.7257%
Stifel Nicolaus, TIC 2.8088%
Robert W. Baird, TIC 2.8483%
Sterne Agee, TIC 2.8705%
MARYLAND
University System of Maryland
Feb 18, 2015 . . . . . . $93,690,000
Auxiliary Facility and Tuition Revenue Bonds 2015 Refunding Series A (Tax Exempt) (book entry).
Dated Mar 4, 2015.
Due Apr 1, 2016 to 2028.
Callable Apr 1, 2025 at par.
Winning bid: BA Merrill Lynch, at 113.0510, TIC 1.9679%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/16 | $13,920,000 | 5.00% | 0.20% | ||
| 4/1/17 | $12,220,000 | 5.00% | 0.54% | ||
| 4/1/18 | $7,020,000 | 5.00% | 0.81% | ||
| 4/1/19 | $3,700,000 | 5.00% | 1.00% | ||
| 4/1/20 | $5,765,000 | 5.00% | 1.27% | ||
| 4/1/21 | $10,790,000 | 5.00% | 1.46% | ||
| 4/1/22 | $4,985,000 | 5.00% | 1.71% | ||
| 4/1/23 | $5,230,000 | 5.00% | 1.87% | ||
| 4/1/24 | $5,495,000 | 5.00% | 2.07% | ||
| 4/1/25 | $5,770,000 | 5.00% | 2.24% | ||
| 4/1/26 | $6,060,000 | 3.50% | 2.50% | ||
| 4/1/27 | $6,275,000 | 3.00% | 2.57% | ||
| 4/1/28 | $6,460,000 | 3.00% | 2.70% |
L.O.: Miles & Stockbridge, Baltimore, MD.
F.A.: Public Financial Management, Inc., Boston, MA.
Other bidders were:
Citigroup, TIC 2.0028%
Piper Jaffray, TIC 2.0365%
JPMorgan, TIC 2.0374%
Wells Fargo Secs, TIC 2.044%
Hutchinson Shockey, TIC 2.0698%
Raymond James, TIC 2.0827%
Janney Montgomery, TIC 2.0891%
MASSACHUSETTS
Franklin (Town)
Feb 18, 2015 . . . . . . $6,920,000
General Obligation Refunding Bonds (book entry).
Dated Feb 25, 2015.
Due Mar 15, 2017 to 2027.
Non-callable.
Winning bid: Janney Montgomery, at n/a, TIC 1.9302%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/17 | $540,000 | 2.00% | 0.55% | ||
| 3/15/18 | $710,000 | 3.00% | 0.88% | ||
| 3/15/19 | $715,000 | 3.00% | 1.11% | ||
| 3/15/20 | $710,000 | 3.00% | 1.33% | ||
| 3/15/21 | $705,000 | 4.00% | 1.50% | ||
| 3/15/22 | $705,000 | 4.00% | 1.78% | ||
| 3/15/23 | $685,000 | 4.00% | 1.95% | ||
| 3/15/24 | $680,000 | 4.00% | 2.15% | ||
| 3/15/25 | $645,000 | 4.00% | 2.27% | ||
| 3/15/26 | $645,000 | 4.00% | 2.39% | ||
| 3/15/27 | $180,000 | 3.00% | 2.65% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Morgan Stanley, TIC 1.9591%
Hutchinson Shockey, TIC 1.9678%
Robert W. Baird, TIC 1.9796%
Roosevelt & Cross, TIC 2.0248%
Haverhill (City)
Feb 18, 2015 . . . . . . $1,042,500
General Obligation State Qualified Deficit Financing Bond Anticipation Notes (book entry).
Dated Mar 2, 2015.
Due Mar 1, 2016.
Purchased $1,042,500.00 by Eastern Bk Cap Mkts, at 1.0%, plus $5,681.62, effective rate 0.4535%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
TD Securities, Effective Rate 0.4836%
Century Bk, Effective Rate 0.699%
Lawrence (City)
Feb 18, 2015 . . . . . . $6,000,000
State Qualified General Obligation Deficit Financing Bond Anticipation Notes.
Dated Mar 2, 2015.
Due Mar 1, 2016.
Purchased $6,000,000.00 by Eastern Bk Cap Mkts, at 1.0%, plus $40,559.99, effective rate 0.3221%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
TD Securities, Effective Rate 0.3803%
Oppenheimer, Effective Rate 0.3948%
Century Bk, Effective Rate 0.6191%
Worcester (City)
Feb 18, 2015 . . . . . . $10,577,000
General Obligation Bond Anticipation Notes (book entry).
Dated Feb 26, 2015.
Due Dec 17, 2015.
Purchased $10,577,000.00 by JPMorgan, at 1.25%, plus $94,769.92, effective rate 0.1415%.
L.O.: Edwards Wildman Palmer LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
TD Securities, Effective Rate 0.1502%
US Bancorp Invest, Effective Rate 0.191%
Eastern Bk Cap Mkts, Effective Rate 0.1946%
Jefferies, Effective Rate 0.1947%
People's United Bk, Effective Rate 0.399%
Oppenheimer, Effective Rate 0.4046%
MINNESOTA
Big Lake (City)
Feb 18, 2015 . . . . . . $9,285,000
General Obligation Bonds, Series 2015A (bank qualified) (book entry).
Dated Mar 1, 2015.
Due Feb 1, 2017 to 2029.
Callable Feb 1, 2023 at par.
Winning bid: Piper Jaffray, at 105.0774, TIC 1.8988%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $790,000 | 3.00% | 0.60% | ||
| 2/1/18 | $815,000 | 3.00% | 0.85% | ||
| 2/1/19 | $835,000 | 3.00% | 1.15% | ||
| 2/1/20 | $870,000 | 3.00% | 1.30% | ||
| 2/1/21 | $885,000 | 3.00% | 1.50% | ||
| 2/1/22 | $915,000 | 3.00% | 1.60% | ||
| 2/1/23 | $955,000 | 3.00% | 1.75% | ||
| 2/1/24 | $785,000 | 2.00% | 1.95% | ||
| 2/1/25 | $470,000 | 2.25% | 2.00% | ||
| 2/1/26 | $480,000 | 2.375% | 2.15% | ||
| 2/1/27 | $490,000 | 2.50% | 2.25% | ||
| 2/1/28 | $530,000 | 2.50% | 2.40% | ||
| 2/1/29 | $465,000 | 2.75% | 2.50% |
L.O.: Briggs & Morgan, St. Paul, MN; and Briggs & Morgan, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
FTN Fin Cap Mkts, TIC 1.9102%
Wells Fargo Secs, TIC 1.9289%
Sterne Agee, TIC 2.0071%
Robert W. Baird, TIC 2.0084%
BMO Cap Mkts GKST, TIC 2.1036%
Raymond James, TIC 2.2004%
Little Falls (City)
Feb 17, 2015 . . . . . . $1,000,000
General Obligation Permanent Improvement Revolving Fund Bonds, Series 2015A (bank qualified) (book entry).
Dated Mar 1, 2015.
Due Feb 1, 2016 to 2030.
Callable Feb 1, 2022 at par.
Winning bid: Northland Securities, at 99.0488, NIC 2.5448%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $190,000 | 1.00% | 1.00% | ||
| 2/1/21 | $190,000 | 1.40% | 1.40% | ||
| 2/1/24 | $195,000 | 2.00% | 2.00% | ||
| 2/1/27 | $205,000 | 2.60% | 2.60% | ||
| 2/1/30 | $220,000 | 3.00% | 3.00% |
L.O.: Briggs & Morgan, St. Paul, MN.
F.A.: David Drown Associates, Minneapolis, MN.
Other bidders were:
United Banker's Bk, NIC 2.6385%
Robert W. Baird, NIC 2.6697%
Winona (City)
Feb 17, 2015 . . . . . . $3,525,000
General Obligation Equipment Certificates of Indebtedness, Series 2015A (bank qualified) (book entry).
Dated Mar 25, 2015.
Due Feb 1, 2016 to 2023.
Callable Feb 1, 2021 at par.
Winning bid: United Banker's Bk, at n/a, TIC 1.3768%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/16 | $420,000 | 2.00% | 0.45% | ||
| 2/1/17 | $420,000 | 2.00% | 0.55% | ||
| 2/1/18 | $425,000 | 2.00% | 0.85% | ||
| 2/1/19 | $435,000 | 2.00% | 0.95% | ||
| 2/1/20 | $445,000 | 2.00% | 1.15% | ||
| 2/1/21 | $450,000 | 2.00% | 1.35% | ||
| 2/1/23 | $930,000 | 2.50% | 1.375% |
L.O.: Briggs & Morgan, St. Paul, MN; and Briggs & Morgan, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Robert W. Baird, TIC 1.4495%
Piper Jaffray, TIC 1.4718%
Northland Securities, TIC 1.4891%
UMB Bank, TIC 1.4954%
Raymond James, TIC 1.5439%
MISSISSIPPI
DeSoto County
Feb 18, 2015 . . . . . . $6,500,000
General Obligation Bonds Series 2015 (book entry).
Dated Mar 1, 2015.
Due Mar 1, 2016 to 2030.
Callable Mar 1, 2022 at par.
Winning bid: Raymond James, at n/a, NIC 2.7012%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/16 | $340,000 | 3.00% | 0.25% | ||
| 3/1/17 | $355,000 | 3.00% | 0.62% | ||
| 3/1/18 | $365,000 | 3.00% | 0.95% | ||
| 3/1/19 | $375,000 | 3.00% | 1.15% | ||
| 3/1/20 | $390,000 | 3.00% | 1.40% | ||
| 3/1/21 | $400,000 | 3.00% | 1.60% | ||
| 3/1/22 | $415,000 | 3.00% | 1.89% | ||
| 3/1/23 | $430,000 | 3.00% | 2.10% | ||
| 3/1/24 | $445,000 | 2.25% | 2.41% | ||
| 3/1/25 | $455,000 | 2.50% | 2.64% | ||
| 3/1/26 | $475,000 | 3.00% | 2.79% | ||
| 3/1/27 | $490,000 | 3.00% | 2.90% | ||
| 3/1/28 | $505,000 | 3.00% | 3.00% | ||
| 3/1/29 | $520,000 | 3.00% | 3.06% | ||
| 3/1/30 | $540,000 | 3.00% | 3.11% |
Other managers: Morgan Stanley & Co., Inc., Duncan-Williams, Inc., Fidelity Capital Markets, Jefferies LLC, Avondale Partners, LLC.
L.O.: Butler, Snow, O'Mara, Stevens & Cannada, PLLC, Ridgeland, MS.
F.A.: Government Consultants, Inc., Jackson, MS.
Other bidders were:
FTN Fin Cap Mkts, NIC 2.7465%
Piper Jaffray, NIC 2.7482%
Crews & Associates, NIC 2.8364%
NEVADA
Nye County School District
Feb 18, 2015 . . . . . . $8,235,000
General Obligation (Limited Tax) Refunding Bonds (PSF Guaranteed) Series 2015 (bank qualified) (book entry).
Dated Mar 11, 2015.
Due May 1, 2019 to 2027.
Callable May 1, 2025 at par.
Winning bid: Robert W. Baird, at 105.2403, TIC 2.0505%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $735,000 | 2.00% | 1.00% | ||
| 5/1/20 | $750,000 | 2.00% | 1.20% | ||
| 5/1/21 | $890,000 | 2.00% | 1.38% | ||
| 5/1/22 | $910,000 | 2.00% | 1.61% | ||
| 5/1/23 | $930,000 | 3.00% | 1.77% | ||
| 5/1/24 | $960,000 | 3.00% | 1.92% | ||
| 5/1/25 | $990,000 | 3.00% | 2.05% | ||
| 5/1/26 | $1,020,000 | 3.00% | 2.20% | ||
| 5/1/27 | $1,050,000 | 3.00% | 2.30% |
Other managers: CL King & Associates, Coastal Securities Corp., WNJ Capital, Cronin & Co., Inc., Loop Capital Markets, LLC, Crews & Associates, Inc., CastleOak Securities, L.P., Davenport & Company LLC, Ross, Sinclaire & Associates LLC, Duncan-Williams, Inc., Wedbush Securities Inc., Dougherty & Company LLC, Isaak Bond Investments, Inc., Oppenheimer & Co., Inc., SumRidge Partners, LLC, Alamo Capital, Vining-Sparks IBG, Limited Partnership, Sierra Pacific Securities.
L.O.: Sherman & Howard L.L.C., Reno, NV.
F.A.: JNA Consulting Group LLC, Boulder City, NV.
Other bidders were:
Raymond James, TIC 2.174%
SunTrust Robinson, TIC 2.2093%
Piper Jaffray, TIC 2.2639%
Hutchinson Shockey, TIC 2.3336%
NEW JERSEY
Englewood Cliffs Borough
Feb 18, 2015 . . . . . . $2,900,585
General Obligation Note Sale (bank qualified).
Dated Feb 27, 2015.
Due Feb 26, 2016.
Purchased $2,900,590.00 by First Constitution, at 0.005%, effective rate 0.495%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.54%
Oppenheimer, Effective Rate 0.6314%
Jefferies, Effective Rate 0.8388%
TD Securities, Effective Rate 0.8439%
Penns Grove-Carneys Point Regional School District Board of Education
Feb 18, 2015 . . . . . . $6,000,000
School Bonds (bank qualified) (book entry).
Dated Mar 4, 2015.
Due Mar 1, 2017 to 2035.
Callable Mar 1, 2023 at par.
Winning bid: UBS Financial Svcs, at 100.0000, NIC 3.0948%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $180,000 | 2.00% | 0.65% | BAM | |
| 3/1/18 | $180,000 | 2.00% | 1.00% | BAM | |
| 3/1/19 | $180,000 | 2.00% | 1.20% | BAM | |
| 3/1/20 | $180,000 | 2.00% | 1.45% | BAM | |
| 3/1/21 | $360,000 | 3.00% | 1.65% | BAM | |
| 3/1/22 | $360,000 | 3.00% | 1.90% | BAM | |
| 3/1/23 | $360,000 | 3.00% | 2.10% | BAM | |
| 3/1/24 | $360,000 | 3.00% | 2.25% | BAM | |
| 3/1/25 | $360,000 | 3.00% | 2.40% | BAM | |
| 3/1/26 | $360,000 | 3.00% | 2.50% | BAM | |
| 3/1/27 | $360,000 | 3.00% | 2.65% | BAM | |
| 3/1/28 | $360,000 | 3.00% | 2.75% | BAM | |
| 3/1/29 | $360,000 | 3.00% | 2.90% | BAM | |
| 3/1/30 | $360,000 | 3.00% | 3.10% | BAM | |
| 3/1/31 | $360,000 | 3.25% | 3.25% | BAM | |
| 3/1/32 | $330,000 | 3.25% | 3.35% | BAM | |
| 3/1/33 | $330,000 | 3.25% | 3.40% | BAM | |
| 3/1/34 | $330,000 | 3.25% | 3.45% | BAM | |
| 3/1/35 | $330,000 | 3.50% | 3.50% | BAM |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., CL King & Associates, Ross, Sinclaire & Associates LLC, Stifel, Nicolaus & Co., Inc., R. Seelaus & Co., Inc..
In association with: Wiley Bros.-Aintree Capital LLC., Edward D. Jones & Co..
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Robert W. Baird, NIC 3.1635%
South Hackensack Township
Feb 18, 2015 . . . . . . $3,380,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Feb 27, 2015.
Due Feb 26, 2016.
Purchased $3,380,000.00 by First Constitution, at 0.5%, effective rate 0.5%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.54%
Valley National Bank, Effective Rate 0.71%
Oppenheimer, Effective Rate 0.7322%
TD Securities, Effective Rate 0.7797%
Jefferies, Effective Rate 0.8388%
Westwood Borough
Feb 18, 2015 . . . . . . $6,647,000
$6,452,000 Bond Anticipation Note and $195,000 Special Emergency Notes (bank qualified) (book entry).
Dated Feb 27, 2015.
Due Nov 24, 2015.
Purchased $6,647,000.00 by TD Securities, at 1.0%, plus $33,301.47, effective rate 0.3245%.
L.O.: GluckWalrath, LLP, Trenton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.44%
Oppenheimer, Effective Rate 0.4876%
Jefferies, Effective Rate 0.6688%
NEW MEXICO
Alamogordo Municipal School District No. 1
Feb 18, 2015 . . . . . . $5,565,000
General Obligation School Building and Refunding Bonds, Series 2015 (NM SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Mar 24, 2015.
Due Aug 1, 2015 to 2025.
Callable Aug 1, 2023 at par.
Winning bid: BOSC, at 101.7460, TIC 1.6249%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/15 | $570,000 | 2.00% | 0.25% | ||
| 8/1/16 | $800,000 | 2.00% | 0.30% | ||
| 8/1/17 | $775,000 | 2.00% | 0.60% | ||
| 8/1/18 | $645,000 | 2.00% | 0.90% | ||
| 8/1/19 | $345,000 | 2.00% | 1.10% | ||
| 8/1/20 | $500,000 | 2.00% | 1.35% | ||
| 8/1/21 | $200,000 | 2.00% | 1.50% | ||
| 8/1/22 | $375,000 | 2.00% | 1.65% | ||
| 8/1/23 | $385,000 | 2.00% | 1.80% | ||
| 8/1/24 | $500,000 | 2.00% | 1.95% | ||
| 8/1/25 | $470,000 | 2.10% | 2.10% |
Other managers: Sterne, Agee & Leach, Inc, SunTrust Robinson Humphrey.
L.O.: Cuddy & McCarthy, LLP, Santa Fe, NM; McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Casey Financial Consulting, Albuquerque, NM.
Other bidders were:
Robert W. Baird, TIC 1.6301%
Raymond James, TIC 1.635%
Stifel Nicolaus, TIC 1.6439%
Piper Jaffray, TIC 1.6574%
FTN Fin Cap Mkts, TIC 1.6731%
UMB Bank, TIC 1.7184%
Wells Fargo Secs, TIC 1.8005%
Bernalillo County
Feb 17, 2015 . . . . . . $17,281,000
General Obligation Bonds, Series 2015 (book entry).
Dated Mar 24, 2015.
Due Aug 15, 2016 to 2030.
Callable Aug 15, 2023 at par.
Winning bid: Piper Jaffray, at n/a, TIC 2.5166%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/16 | $851,000 | 3.00% | 0.30% | ||
| 8/15/17 | $870,000 | 3.00% | 0.57% | ||
| 8/15/18 | $895,000 | 3.00% | 0.85% | ||
| 8/15/19 | $930,000 | 3.00% | 1.05% | ||
| 8/15/20 | $965,000 | 2.00% | 1.33% | ||
| 8/15/21 | $1,015,000 | 2.00% | 1.56% | ||
| 8/15/22 | $1,065,000 | 4.00% | 1.75% | ||
| 8/15/23 | $1,120,000 | 2.00% | 1.92% | ||
| 8/15/24 | $1,175,000 | 3.00% | 2.17% | ||
| 8/15/25 | $1,235,000 | 3.00% | 2.39% | ||
| 8/15/26 | $1,295,000 | 3.00% | 2.57% | ||
| 8/15/27 | $1,360,000 | 3.00% | 2.78% | ||
| 8/15/28 | $1,430,000 | 3.00% | 3.00% | ||
| 8/15/29 | $1,500,000 | 3.00% | 3.13% | ||
| 8/15/30 | $1,575,000 | 3.00% | 3.23% |
L.O.: Hughes Law, LLC, Albuquerque, NM.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
Robert W. Baird, TIC 2.5301%
Morgan Stanley, TIC 2.565%
BMO Cap Mkts GKST, TIC 2.6019%
Hutchinson Shockey, TIC 2.6106%
FTN Fin Cap Mkts, TIC 2.6252%
Cimarron Municipal School District No. 3
Feb 18, 2015 . . . . . . $4,000,000
General Obligation School Bonds, Series 2015 (New Mexico Enhancement Program) (bank qualified) (book entry).
Dated Mar 24, 2015.
Due Sep 15, 2015 to 2026.
Callable Sep 15, 2024 at par.
Winning bid: Raymond James, at 101.8829, TIC 1.7724%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/15/15 | $630,000 | 2.00% | 0.30% | ||
| 9/15/16 | $585,000 | 2.00% | 0.40% | ||
| 9/15/17 | $245,000 | 2.00% | 0.65% | ||
| 9/15/18 | $255,000 | 2.00% | 1.00% | ||
| 9/15/19 | $270,000 | 2.00% | 1.15% | ||
| 9/15/20 | $265,000 | 2.00% | 1.25% | ||
| 9/15/21 | $270,000 | 2.00% | 1.45% | ||
| 9/15/22 | $280,000 | 2.00% | 1.60% | ||
| 9/15/23 | $290,000 | 2.00% | 1.70% | ||
| 9/15/24 | $295,000 | 2.00% | 1.75% | ||
| 9/15/25 | $305,000 | 2.50% | 2.00% | ||
| 9/15/26 | $310,000 | 2.50% | 2.15% |
L.O.: Modrall, Sperling, Roehl, Harris & Sisk, Albuquerque, NM; and State Attorney General.
F.A.: George K. Baum & Co., Albuquerque, NM.
Other bidders were:
Robert W. Baird, TIC 1.8611%
BOSC, TIC 1.9445%
NEW YORK
Auburn (City)
Feb 18, 2015 . . . . . . $11,415,000
Bond Anticipation Notes, 2015A.
Dated Mar 2, 2015.
Due Mar 2, 2016.
Purchased $11,415,000.00 by TD Securities, at 1.25%, plus $88,580.40, effective rate 0.474%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.6807%
Jefferies, Effective Rate 0.914%
Concord (Town)
Feb 18, 2015 . . . . . . $2,275,000
Bond Anticipation Notes, Series 2015 (bank qualified).
Dated Feb 26, 2015.
Due Feb 25, 2016.
Purchased $2,275,000.00 by TD Securities, at 1.25%, plus $12,376.00, effective rate 0.7044%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.0357%
Oppenheimer, Effective Rate 1.0708%
Corning City School District
Feb 18, 2015 . . . . . . $4,000,000
Bond Anticipation Notes - 2015A.
Dated Mar 4, 2015.
Due Jun 25, 2015.
Purchased $4,000,000.00 by Jefferies, at 0.5%, plus $3,442.00, effective rate 0.2209%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
TD Securities, Effective Rate 0.2341%
JPMorgan Chase, Effective Rate 0.91%
Oppenheimer, Effective Rate 0.9188%
Sag Harbor Union Free School District
Feb 18, 2015 . . . . . . $1,900,000
Bond Anticipation Notes-2015.
Dated Feb 26, 2015.
Due Feb 26, 2016.
Purchased $1,900,000.00 by TD Securities, at 1.25%, plus $15,124.00, effective rate 0.454%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.6925%
West Babylon Union Free School District
Feb 18, 2015 . . . . . . $8,580,000
School District Refunding Serial Bonds- 2015 (book entry).
Dated Mar 12, 2015.
Due Jul 15, 2015 to 2023.
Non-callable.
Winning bid: Janney Montgomery, at 114.2733, TIC 1.5346%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/15 | $840,000 | 2.00% | 0.24% | ||
| 7/15/16 | $800,000 | 3.00% | 0.36% | ||
| 7/15/17 | $840,000 | 5.00% | 0.70% | ||
| 7/15/18 | $890,000 | 5.00% | 0.90% | ||
| 7/15/19 | $935,000 | 5.00% | 1.10% | ||
| 7/15/20 | $990,000 | 5.00% | 1.35% | ||
| 7/15/21 | $1,040,000 | 5.00% | 1.57% | ||
| 7/15/22 | $1,095,000 | 5.00% | 1.80% | ||
| 7/15/23 | $1,150,000 | 5.00% | 2.00% |
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
JPMorgan, TIC 1.5636%
Hutchinson Shockey, TIC 1.5789%
BMO Cap Mkts GKST, TIC 1.6132%
Roosevelt & Cross, TIC 1.6228%
Fidelity Capital, TIC 1.6314%
Robert W. Baird, TIC 1.6773%
OHIO
Napoleon (City)
Feb 18, 2015 . . . . . . $2,500,000
General Obligation Capital Facilites Bond Anticipation Notes, Series 2015 (Limited Tax Bonds) (bank qualified) (book entry).
Dated Mar 4, 2015.
Due Mar 3, 2016.
Purchased $2,500,000.00 by Huntington Invest, at 1.25%, plus $19,125.00, effective rate 0.4829%.
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: Sudsina & Associates, Aurora, OH; and Sudsina & Associates, Bainbridge Twp, OH.
Other bidders were:
PNC Bank, Effective Rate 0.741%
Jefferies, Effective Rate 0.7495%
City Securities, Effective Rate 0.7934%
Farmers & Merchants, Effective Rate 0.85%
OKLAHOMA
McClain County Independent School District No. 2 (Dibble)
Feb 18, 2015 . . . . . . $160,000
Building Bonds of 2015 (bank qualified) (book entry).
Dated Apr 1, 2015.
Due Apr 1, 2017.
Non-callable.
Winning bid: First Natl Bk & Tr, at n/a, NIC 0.925%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $160,000 | 1.00% | NRO |
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
BOSC, NIC 1.375%
OREGON
Oregon
Feb 18, 2015 . . . . . . $4,040,000
General Obligation Bonds, 2015 Series E (Article XI-H Pollution Control Projects) (book entry).
Dated Mar 4, 2015.
Due Aug 1, 2016 to 2025.
Non-callable.
Winning bid: Goldman Sachs, at 118.8179, TIC 1.7263%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/16 | $320,000 | 5.00% | 0.28% | ||
| 8/1/17 | $340,000 | 5.00% | 0.56% | ||
| 8/1/18 | $355,000 | 5.00% | 0.86% | ||
| 8/1/19 | $370,000 | 5.00% | 1.07% | ||
| 8/1/20 | $390,000 | 5.00% | 1.30% | ||
| 8/1/21 | $410,000 | 5.00% | 1.50% | ||
| 8/1/22 | $430,000 | 5.00% | 1.76% | ||
| 8/1/23 | $450,000 | 5.00% | 1.93% | ||
| 8/1/24 | $475,000 | 5.00% | 2.10% | ||
| 8/1/25 | $500,000 | 5.00% | 2.23% |
L.O.: Hawkins, Delafield & Wood, Portland, OR.
F.A.: Western Financial Group, LLC, Portland, OR.
Other bidders were:
Morgan Stanley, TIC 1.7791%
Citigroup, TIC 1.783%
Raymond James, TIC 1.815%
JPMorgan, TIC 1.8203%
Robert W. Baird, TIC 1.823%
BMO Cap Mkts GKST, TIC 1.8258%
BA Merrill Lynch, TIC 1.8259%
Piper Jaffray, TIC 1.8458%
Wells Fargo Secs, TIC 1.9066%
Oregon
Feb 18, 2015 . . . . . . $12,950,000
General Obligation Bonds, 2015 Series D (Article XI-N Seismic Projects) (book entry).
Dated Mar 4, 2015.
Due Jun 1, 2016 to 2035.
Callable Jun 1, 2025 at par.
Winning bid: Robert W. Baird, at 103.8931, TIC 2.8713%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $390,000 | 2.00% | 0.40% | ||
| 6/1/17 | $500,000 | 2.00% | 0.55% | ||
| 6/1/18 | $505,000 | 2.00% | 0.90% | ||
| 6/1/19 | $520,000 | 2.00% | 1.10% | ||
| 6/1/20 | $530,000 | 2.00% | 1.35% | ||
| 6/1/21 | $540,000 | 2.00% | 1.50% | ||
| 6/1/22 | $550,000 | 3.00% | 1.77% | ||
| 6/1/23 | $565,000 | 5.00% | 1.90% | ||
| 6/1/24 | $595,000 | 5.00% | 2.10% | ||
| 6/1/25 | $625,000 | 5.00% | 2.25% | ||
| 6/1/26 | $655,000 | 4.00% | 2.55% | ||
| 6/1/27 | $680,000 | 4.00% | 2.70% | ||
| 6/1/29 | $1,440,000 | 3.00% | 3.00% | ||
| 6/1/30 | $750,000 | 3.00% | 3.05% | ||
| 6/1/31 | $775,000 | 3.00% | 3.10% | ||
| 6/1/32 | $795,000 | 3.00% | 3.15% | ||
| 6/1/33 | $820,000 | 3.00% | 3.20% | ||
| 6/1/34 | $845,000 | 3.125% | 3.25% | ||
| 6/1/35 | $870,000 | 3.125% | 3.30% |
Other managers: CL King & Associates, Davenport & Company LLC, Coastal Securities Corp., Edward D. Jones & Co., WNJ Capital, Crews & Associates, Inc., Loop Capital Markets, LLC, Wedbush Securities Inc., Cronin & Co., Inc., Incapital LLC, Isaak Bond Investments, Inc., Bernardi Securities, Inc., R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Wayne Hummer & Co., SumRidge Partners, LLC, Sierra Pacific Securities, Eastern Bank Capital Markets.
L.O.: Hawkins, Delafield & Wood, Portland, OR.
F.A.: Western Financial Group, LLC, Portland, OR.
Other bidders were:
Citigroup, TIC 2.8737%
Morgan Stanley, TIC 2.8762%
BA Merrill Lynch, TIC 2.8773%
Raymond James, TIC 2.8882%
Piper Jaffray, TIC 2.8905%
Wells Fargo Secs, TIC 2.9184%
Goldman Sachs, TIC 2.9193%
JPMorgan, TIC 2.9838%
Oregon
Feb 18, 2015 . . . . . . $13,880,000
General Obligation Bonds, 2015 Series C (Article XI-M Seismic Projects) (book entry).
Dated Mar 4, 2015.
Due Jun 1, 2016 to 2035.
Callable Jun 1, 2025 at par.
Winning bid: BA Merrill Lynch, at 106.9539, TIC 2.8769%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $335,000 | 3.00% | 0.30% | ||
| 6/1/17 | $475,000 | 4.00% | 0.60% | ||
| 6/1/18 | $490,000 | 4.00% | 0.90% | ||
| 6/1/19 | $510,000 | 5.00% | 1.11% | ||
| 6/1/20 | $540,000 | 5.00% | 1.35% | ||
| 6/1/21 | $565,000 | 5.00% | 1.55% | ||
| 6/1/22 | $595,000 | 5.00% | 1.81% | ||
| 6/1/23 | $620,000 | 5.00% | 1.98% | ||
| 6/1/24 | $655,000 | 5.00% | 2.15% | ||
| 6/1/25 | $685,000 | 5.00% | 2.28% | ||
| 6/1/26 | $720,000 | 5.00% | 2.43% | ||
| 6/1/27 | $755,000 | 3.00% | 2.72% | ||
| 6/1/28 | $780,000 | 3.00% | 2.91% | ||
| 6/1/29 | $805,000 | 3.00% | 3.08% | ||
| 6/1/30 | $825,000 | 3.00% | 3.13% | ||
| 6/1/31 | $850,000 | 3.00% | 3.18% | ||
| 6/1/32 | $875,000 | 3.125% | 3.23% | ||
| 6/1/33 | $905,000 | 3.125% | 3.27% | ||
| 6/1/34 | $935,000 | 3.125% | 3.31% | ||
| 6/1/35 | $960,000 | 3.25% | 3.35% |
L.O.: Hawkins, Delafield & Wood, Portland, OR.
F.A.: Western Financial Group, LLC, Portland, OR.
Other bidders were:
Robert W. Baird, TIC 2.8856%
Morgan Stanley, TIC 2.8988%
Piper Jaffray, TIC 2.9252%
Goldman Sachs, TIC 2.9306%
Citigroup, TIC 2.9479%
Raymond James, TIC 2.952%
Wells Fargo Secs, TIC 2.961%
JPMorgan, TIC 3.0186%
PENNSYLVANIA
Ringgold School District
Feb 18, 2015 . . . . . . $9,775,000
General Obligation Bonds, Series of 2015 (bank qualified) (book entry).
Dated Mar 24, 2015.
Due Aug 1, 2016 to 2031.
Callable Aug 1, 2020 at par.
Winning bid: Janney Montgomery, at n/a, TIC 3.2401%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/19 | $20,000 | 1.50% | 1.50% | AGM | |
| 8/1/23 | $20,000 | 2.25% | 2.25% | AGM | |
| 8/1/27 | $20,000 | 2.85% | 2.90% | AGM | |
| 8/1/28 | $320,000 | 3.00% | 2.90% | AGM | |
| 8/1/29 | $3,470,000 | 3.00% | 3.00% | AGM | |
| 8/1/30 | $3,580,000 | 3.00% | 3.05% | AGM | |
| 8/1/31 | $2,345,000 | 3.50% | 3.10% | AGM |
L.O.: Dinsmore & Shohl LLP, Pittsburgh, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Sterne Agee, TIC 3.3033%
Robert W. Baird, TIC 3.352%
UBS Financial Svcs, TIC 3.6474%
SOUTH CAROLINA
Lexington County School District No. 1
Feb 18, 2015 . . . . . . $60,850,000
General Obligation Advanced Refunding Bonds, Series 2015A (book entry).
Dated Mar 4, 2015.
Due Feb 1, 2016 to 2030.
Callable Feb 1, 2025 at par.
Winning bid: Morgan Stanley, at 106.8193, TIC 2.8369%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/16 | $600,000 | 5.00% | 0.25% | SCSDE | |
| 2/1/17 | $2,940,000 | 5.00% | 0.53% | SCSDE | |
| 2/1/18 | $3,120,000 | 5.00% | 0.89% | SCSDE | |
| 2/1/19 | $3,055,000 | 5.00% | 1.12% | SCSDE | |
| 2/1/20 | $2,695,000 | 5.00% | 1.32% | SCSDE | |
| 2/1/21 | $2,390,000 | 5.00% | 1.53% | SCSDE | |
| 2/1/22 | $2,080,000 | 5.00% | 1.81% | SCSDE | |
| 2/1/23 | $1,730,000 | 4.00% | 2.02% | SCSDE | |
| 2/1/24 | $1,325,000 | 4.00% | 2.20% | SCSDE | |
| 2/1/25 | $830,000 | 4.00% | 2.34% | SCSDE | |
| 2/1/26 | $250,000 | 4.00% | 2.47% | SCSDE | |
| 2/1/27 | $9,650,000 | 3.00% | 2.66% | SCSDE | |
| 2/1/28 | $9,840,000 | 3.50% | 3.01% | SCSDE | |
| 2/1/29 | $10,060,000 | 3.50% | 3.08% | SCSDE | |
| 2/1/30 | $10,285,000 | 3.50% | 3.13% | SCSDE |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Jefferies LLC, City Securities Corp..
L.O.: Haynsworth Sinkler Boyd, P.A., Columbia, SC.
F.A.: Compass Municipal Advisors, Columbia, SC.
Other bidders were:
BMO Cap Mkts GKST, TIC 2.8413%
FirstSouthwest, TIC 2.8468%
FTN Fin Cap Mkts, TIC 2.8473%
Citigroup, TIC 2.8482%
Hutchinson Shockey, TIC 2.8521%
Mesirow Financial, TIC 2.855%
TD Securities, TIC 2.8562%
Piper Jaffray, TIC 2.8583%
JPMorgan, TIC 2.8608%
William Blair, TIC 2.8668%
Janney Montgomery, TIC 2.8672%
BA Merrill Lynch, TIC 2.8679%
Robert W. Baird, TIC 2.9533%
Guggenheim Secs, TIC 2.9711%
Oconee County School District
Feb 18, 2015 . . . . . . $13,550,000
General Obligation Bonds, Series 2015A (book entry).
Dated Mar 4, 2015.
Due Mar 1, 2016 to 2023.
Non-callable.
Winning bid: Citigroup, at 105.1255, TIC 1.26%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/16 | $8,235,000 | 5.00% | 0.15% | SCSDE | |
| 3/1/17 | $685,000 | 4.00% | 0.50% | SCSDE | |
| 3/1/18 | $715,000 | 4.00% | 0.87% | SCSDE | |
| 3/1/19 | $740,000 | 3.00% | 1.10% | SCSDE | |
| 3/1/20 | $760,000 | 3.00% | 1.32% | SCSDE | |
| 3/1/21 | $785,000 | 3.00% | 1.55% | SCSDE | |
| 3/1/22 | $805,000 | 2.125% | 1.80% | SCSDE | |
| 3/1/23 | $825,000 | 2.25% | 2.00% | SCSDE |
L.O.: McNair Law Firm, Columbia, SC.
F.A.: Compass Municipal Advisors, Columbia, SC.
Other bidders were:
JPMorgan, TIC 1.2696%
PNC Capital Markets, TIC 1.3096%
Fidelity Capital, TIC 1.311%
Wells Fargo Secs, TIC 1.3138%
BA Merrill Lynch, TIC 1.3484%
FirstSouthwest, TIC 1.3567%
Piper Jaffray, TIC 1.3569%
Hutchinson Shockey, TIC 1.36%
Robert W. Baird, TIC 1.3623%
BMO Cap Mkts GKST, TIC 1.3768%
FTN Fin Cap Mkts, TIC 1.3944%
TENNESSEE
Knox County
Feb 18, 2015 . . . . . . $16,020,000
General Obligation Refunding Bonds, Series 2015 (book entry).
Dated Mar 25, 2015.
Due Apr 1, 2016 to 2019.
Non-callable.
Winning bid: Morgan Stanley, at 110.4062, TIC 0.8247%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/16 | $3,695,000 | 5.00% | 0.23% | ||
| 4/1/17 | $3,895,000 | 5.00% | 0.51% | ||
| 4/1/18 | $4,105,000 | 5.00% | 0.81% | ||
| 4/1/19 | $4,325,000 | 5.00% | 1.02% |
Other managers: Raymond James & Associates, Inc., Duncan-Williams, Inc., Fidelity Capital Markets, Jefferies LLC, City Securities Corp., Avondale Partners, LLC, Ramirez & Co., Inc., StockCross Financial Services, Inc..
L.O.: Bass, Berry & Sims PLC, Knoxville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
BA Merrill Lynch, TIC 0.8721%
TD Securities, TIC 0.8796%
FTN Fin Cap Mkts, TIC 0.8812%
Stifel Nicolaus, TIC 0.8825%
JPMorgan, TIC 0.8827%
Piper Jaffray, TIC 0.8828%
Hutchinson Shockey, TIC 0.8847%
PNC Capital Markets, TIC 0.8948%
Fifth Third Secs, TIC 0.8984%
Robert W. Baird, TIC 0.9089%
BMO Cap Mkts GKST, TIC 0.9742%
Overton County
Feb 18, 2015 . . . . . . $4,230,000
General Obligation Refunding Bonds, Series 2015 (bank qualified) (book entry).
Dated Mar 5, 2015.
Due Jun 1, 2016 to 2025.
Non-callable.
Winning bid: Raymond James, at 113.3401, TIC 1.8639%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $25,000 | 2.00% | 0.40% | ||
| 6/1/17 | $25,000 | 2.00% | 0.65% | ||
| 6/1/18 | $25,000 | 3.00% | 1.00% | ||
| 6/1/19 | $25,000 | 3.00% | 1.20% | ||
| 6/1/20 | $25,000 | 3.00% | 1.30% | ||
| 6/1/21 | $755,000 | 3.00% | 1.35% | ||
| 6/1/22 | $790,000 | 3.00% | 1.60% | ||
| 6/1/23 | $820,000 | 4.00% | 1.85% | ||
| 6/1/24 | $855,000 | 4.00% | 2.00% | ||
| 6/1/25 | $885,000 | 4.00% | 2.10% |
L.O.: Bass, Berry & Sims PLC, Nashville, TN.
F.A.: Stephens Inc., Nashville, TN.
Other bidders were:
Robert W. Baird, TIC 1.9178%
Southwest Securities, TIC 1.9233%
FTN Fin Cap Mkts, TIC 1.9262%
D.A. Davidson, TIC 1.9291%
SunTrust Robinson, TIC 1.955%
Wells Fargo Secs, TIC 1.9897%
TEXAS
Marble Falls Independent School District
Feb 18, 2015 . . . . . . $8,685,000
Unlimited Tax Refunding Bonds, Series 2015 (bank qualified) (book entry).
Dated Feb 15, 2015.
Due Aug 15, 2015 to 2037.
Callable Feb 15, 2025 at par.
Winning bid: Raymond James, at n/a, TIC 2.5284%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/15 | $35,000 | 3.00% | 0.25% | PSF | |
| 8/15/17 | $330,000 | 4.00% | 0.60% | PSF | |
| 8/15/18 | $345,000 | 4.00% | 0.90% | PSF | |
| 8/15/19 | $355,000 | 4.00% | 1.00% | PSF | |
| 8/15/20 | $355,000 | 4.00% | 1.10% | PSF | |
| 8/15/21 | $370,000 | 4.50% | 1.35% | PSF | |
| 8/15/22 | $380,000 | 4.50% | 1.50% | PSF | |
| 8/15/23 | $400,000 | 4.50% | 1.60% | PSF | |
| 8/15/24 | $425,000 | 4.50% | 1.70% | PSF | |
| 8/15/25 | $430,000 | 4.00% | 1.80% | PSF | |
| 8/15/26 | $450,000 | 4.00% | 1.85% | PSF | |
| 8/15/27 | $465,000 | 4.00% | 1.90% | PSF | |
| 8/15/28 | $490,000 | 4.00% | 2.00% | PSF | |
| 8/15/29 | $260,000 | 4.00% | 2.05% | PSF | |
| 8/15/30 | $285,000 | 4.00% | 2.10% | PSF | |
| 8/15/31 | $305,000 | 4.00% | 2.15% | PSF | |
| 8/15/32 | $325,000 | 3.00% | 2.60% | PSF | |
| 8/15/33 | $360,000 | 3.00% | 2.65% | PSF | |
| 8/15/34 | $370,000 | 3.00% | 2.80% | PSF | |
| 8/15/35 | $630,000 | 3.25% | 2.90% | PSF | |
| 8/15/36 | $655,000 | 3.25% | 3.05% | PSF | |
| 8/15/37 | $665,000 | 3.25% | 3.10% | PSF |
L.O.: Andrews Kurth LLP, Austin, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Dallas, TX.
Other bidders were:
Piper Jaffray, TIC 2.6514%
BOSC, TIC 2.6633%
Stifel Nicolaus, TIC 2.6679%
FTN Fin Cap Mkts, TIC 2.7223%
FirstSouthwest, TIC 2.7342%
Robert W. Baird, TIC 2.7352%
Southwest Securities, TIC 2.7509%
VIRGINIA
Blacksburg (Town)
Feb 18, 2015 . . . . . . $15,170,000
General Obligation Capital Improvement and Refunding Bonds, Series 2015 (book entry).
Dated Mar 5, 2015.
Due Mar 1, 2016 to 2045.
Callable Mar 1, 2025 at par.
Winning bid: Robert W. Baird, at 102.7493, TIC 2.9866%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/16 | $610,000 | 2.00% | 0.40% | ||
| 3/1/17 | $610,000 | 2.00% | 0.55% | ||
| 3/1/18 | $855,000 | 3.00% | 0.89% | ||
| 3/1/19 | $880,000 | 2.00% | 1.04% | ||
| 3/1/20 | $920,000 | 2.00% | 1.25% | ||
| 3/1/21 | $920,000 | 2.00% | 1.46% | ||
| 3/1/22 | $640,000 | 2.00% | 1.76% | ||
| 3/1/23 | $640,000 | 5.00% | 1.90% | ||
| 3/1/24 | $680,000 | 2.50% | 2.10% | ||
| 3/1/25 | $695,000 | 5.00% | 2.20% | ||
| 3/1/27 | $1,480,000 | 4.00% | 2.60% | ||
| 3/1/29 | $895,000 | 3.00% | 3.00% | ||
| 3/1/30 | $470,000 | 3.00% | 3.10% | ||
| 3/1/31 | $480,000 | 3.00% | 3.20% | ||
| 3/1/32 | $410,000 | 3.125% | 3.25% | ||
| 3/1/33 | $425,000 | 3.20% | 3.30% | ||
| 3/1/34 | $435,000 | 3.25% | 3.35% | ||
| 3/1/35 | $450,000 | 3.25% | 3.40% | ||
| 3/1/36 | $230,000 | 3.25% | 3.43% | ||
| 3/1/37 | $235,000 | 3.25% | 3.45% | ||
| 3/1/38 | $245,000 | 3.25% | 3.47% | ||
| 3/1/40 | $515,000 | 3.375% | 3.50% | ||
| 3/1/45 | $1,450,000 | 3.50% | 3.53% |
Other managers: Ross, Sinclaire & Associates LLC, CL King & Associates, WNJ Capital, Crews & Associates, Inc., Coastal Securities Corp., Edward D. Jones & Co., Loop Capital Markets, LLC, Incapital LLC, CastleOak Securities, L.P., Duncan-Williams, Inc., Alamo Capital, Oppenheimer & Co., Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Wedbush Securities Inc., Bernardi Securities, Inc., Cronin & Co., Inc., IFS Securities, Northland Securities, Inc., Lafayette Investments, Inc., Sierra Pacific Securities.
L.O.: McGuireWoods LLP, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
UBS Financial Svcs, TIC 3.0273%
Hutchinson Shockey, TIC 3.0337%
Piper Jaffray, TIC 3.0507%
BA Merrill Lynch, TIC 3.0724%
Wells Fargo Secs, TIC 3.0773%
SunTrust Robinson, TIC 3.0784%
Morgan Stanley, TIC 3.0797%
Citigroup, TIC 3.1424%
Fairfax County
Feb 18, 2015 . . . . . . $227,340,000
Public Improvement Bonds, Series 2015A (book entry).
Dated Mar 4, 2015.
Due Oct 1, 2015 to 2034.
Callable Oct 1, 2024 at par.
Winning bid: Citigroup, at 112.8852, TIC 2.6772%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/15 | $11,370,000 | 2.00% | 0.12% | ||
| 10/1/16 | $11,370,000 | 5.00% | 0.34% | ||
| 10/1/17 | $11,370,000 | 4.00% | 0.56% | ||
| 10/1/18 | $11,370,000 | 4.00% | 0.86% | ||
| 10/1/19 | $11,370,000 | 5.00% | 1.07% | ||
| 10/1/20 | $11,370,000 | 5.00% | 1.30% | ||
| 10/1/21 | $11,370,000 | 5.00% | 1.52% | ||
| 10/1/22 | $11,370,000 | 5.00% | 1.76% | ||
| 10/1/23 | $11,365,000 | 5.00% | 1.92% | ||
| 10/1/24 | $11,365,000 | 5.00% | 2.07% | ||
| 10/1/25 | $11,365,000 | 5.00% | 2.19% | ||
| 10/1/26 | $11,365,000 | 5.00% | 2.31% | ||
| 10/1/27 | $11,365,000 | 3.00% | 2.61% | ||
| 10/1/28 | $11,365,000 | 4.00% | 2.76% | ||
| 10/1/29 | $11,365,000 | 4.00% | 2.81% | ||
| 10/1/30 | $11,365,000 | 3.00% | 3.10% | ||
| 10/1/31 | $11,365,000 | 4.00% | 2.92% | ||
| 10/1/32 | $11,365,000 | 4.00% | 2.99% | ||
| 10/1/33 | $11,365,000 | 4.00% | 3.00% | ||
| 10/1/34 | $11,365,000 | 4.00% | 3.05% |
Other managers: Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., LLC, CastleOak Securities, L.P., Southwest Securities, Inc., PNC Capital Markets, Loop Capital Markets, LLC, Stifel, Nicolaus & Co., Inc., The Williams Capital Group, L.P., FirstSouthwest, Rice Financial Products Company.
L.O.: Sidley Austin LLP, Washington D.C, DC.
F.A.: Public Financial Management, Inc., Arlington, VA.
Other bidders were:
BA Merrill Lynch, TIC 2.6828%
Morgan Stanley, TIC 2.6919%
JPMorgan, TIC 2.6944%
Barclays Capital, TIC 2.7576%
WEST VIRGINIA
Berkeley County Public Service District
Feb 17, 2015 . . . . . . $525,000
Water Refunding Revenue Bonds, Series 2015 B (bank qualified) (book entry).
Dated Feb 26, 2015.
Due Dec 1, 2015 to 2018.
Non-callable.
Winning bid: Piper Jaffray, at 101.6272, TIC 1.2711%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/15 | $130,000 | 2.00% | 0.50% | AGM | |
| 12/1/16 | $130,000 | 2.00% | 0.65% | AGM | |
| 12/1/17 | $130,000 | 2.00% | 1.00% | AGM | |
| 12/1/18 | $135,000 | 2.00% | 1.25% | AGM |
L.O.: Steptoe & Johnson PLLC, Charleston, WV.
F.A.: Compass Municipal Advisors, Columbia, SC.
TAXABLE ISSUES
CONNECTICUT
Norwich (City)
Feb 18, 2015 . . . . . . $1,140,000
General Obligation Bonds, Issue of 2015 Series B (Taxable) (book entry).
Dated Mar 3, 2015.
Due Aug 1, 2015 to 2024.
Non-callable.
Winning bid: UMB Bank, at 100.0000, TIC 2.4877%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/15 | $115,000 | 2.00% | 0.40% | ||
| 8/1/16 | $115,000 | 2.00% | 0.75% | ||
| 8/1/17 | $115,000 | 2.00% | 1.25% | ||
| 8/1/18 | $115,000 | 2.00% | 1.65% | ||
| 8/1/19 | $115,000 | 2.20% | 2.00% | ||
| 8/1/20 | $115,000 | 2.20% | 2.20% | ||
| 8/1/21 | $115,000 | 2.40% | 2.40% | ||
| 8/1/22 | $115,000 | 2.60% | 2.60% | ||
| 8/1/23 | $110,000 | 2.75% | 2.75% | ||
| 8/1/24 | $110,000 | 3.00% | 3.00% |
L.O.: Joseph Fasi LLC, Hartford, CT.
F.A.: William Blair & Company, LLC, Chicago, IL.
Other bidders were:
BOSC, TIC 2.676%
Robert W. Baird, TIC 2.6771%
UBS Financial Svcs, TIC 2.7582%
Raymond James, TIC 2.8953%
NEW JERSEY
Closter Borough
Feb 18, 2015 . . . . . . $5,589,586
Bond Anticipation Note (bank qualified).
Dated Feb 25, 2015.
Due Feb 25, 2016.
Purchased $5,589,590.00 by PNC Bank, at 0.51%, effective rate 0.51%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 0.543%
Oppenheimer, Effective Rate 0.603%
Jefferies, Effective Rate 0.718%
