CALIFORNIA
Turlock Unified School District
Jun 30, 2015 . . . . . . $21,885,000
2015 General Obligation Refunding Bonds (book entry).
Dated Jul 22, 2015.
Due Aug 1, 2016 to 2032.
Callable Aug 1, 2024 at par.
Winning bid: Robert W. Baird, at 111.7041, TIC 2.4838%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/16 | $1,985,000 | 2.00% | 0.50% | BAM | |
| 8/1/17 | $1,715,000 | 5.00% | 0.85% | BAM | |
| 8/1/18 | $1,800,000 | 5.00% | 1.10% | BAM | |
| 8/1/19 | $1,895,000 | 5.00% | 1.30% | BAM | |
| 8/1/20 | $2,000,000 | 5.00% | 1.55% | BAM | |
| 8/1/21 | $2,100,000 | 5.00% | 1.85% | BAM | |
| 8/1/22 | $2,220,000 | 5.00% | 2.10% | BAM | |
| 8/1/23 | $2,330,000 | 5.00% | 2.25% | BAM | |
| 8/1/24 | $2,095,000 | 5.00% | 2.40% | BAM | |
| 8/1/25 | $505,000 | 5.00% | 2.55% | BAM | |
| 8/1/26 | $530,000 | 5.00% | 3.00% | BAM | |
| 8/1/27 | $415,000 | 3.00% | 3.10% | BAM | |
| 8/1/28 | $430,000 | 3.00% | 3.20% | BAM | |
| 8/1/29 | $445,000 | 3.125% | 3.30% | BAM | |
| 8/1/30 | $460,000 | 3.25% | 3.40% | BAM | |
| 8/1/31 | $470,000 | 3.25% | 3.45% | BAM | |
| 8/1/32 | $490,000 | 3.375% | 3.50% | BAM |
Other managers: CL King & Associates, Crews & Associates, Inc., WNJ Capital, Edward Jones, CastleOak Securities, L.P., Ross, Sinclaire & Associates LLC, Oppenheimer & Co., Inc., Incapital LLC, Sierra Pacific Securities, Wayne Hummer & Co., Bank of New York Mellon Capital Markets, LLC, R. Seelaus & Co., Inc., FTN Financial Capital Markets, Loop Capital Markets, LLC, R H Investment Corp., Alamo Capital, Bernardi Securities, Inc., SumRidge Partners, LLC, Vining-Sparks IBG, Limited Partnership.
L.O.: Kronick, Moskovitz, Tiedemann & Girard, Sacramento, CA.
F.A.: Government Financial Strategies, Inc., Sacramento, CA.
Other bidders were:
Morgan Stanley, TIC 2.5299%
Mesirow Financial, TIC 2.5891%
Janney Montgomery, TIC 2.5991%
Citigroup, TIC 2.6089%
Fidelity Capital, TIC 2.6354%
Hutchinson Shockey, TIC 2.6699%
INDIANA
Newburgh (Town)
Jun 30, 2015 . . . . . . $1,600,000
Sewage Works Bond Anticipation Notes of 2015 (bank qualified) (book entry).
Dated Jul 14, 2015.
Due Jul 1, 2016.
Purchased $1,600,000.00 by City Securities, at 1.25%, plus -$9,040.00, effective rate 1.8362%.
L.O.: Faegre Baker Daniels LLP, Indianapolis, IN.
F.A.: Umbaugh LLP, Indianapolis, IN.
KENTUCKY
Grant County
Jul 1, 2015 . . . . . . $5,290,000
General Obligation Refunding and Improvement Bonds, Series 2015 (Dentention Facilities Project) (book entry).
Dated Jul 15, 2015.
Due Jul 1, 2016 to 2028.
Callable Jul 1, 2025 at par.
Winning bid: J.J.B. Hilliard, at 99.8804, TIC 2.7451%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/16 | $355,000 | 2.00% | 0.65% | ||
| 7/1/17 | $365,000 | 2.00% | 1.00% | ||
| 7/1/18 | $370,000 | 2.00% | 1.25% | ||
| 7/1/19 | $380,000 | 2.00% | 1.55% | ||
| 7/1/20 | $385,000 | 2.00% | 1.80% | ||
| 7/1/21 | $395,000 | 2.00% | 2.00% | ||
| 7/1/22 | $405,000 | 2.50% | 2.25% | ||
| 7/1/23 | $415,000 | 2.50% | 2.50% | ||
| 7/1/24 | $425,000 | 3.00% | 2.65% | ||
| 7/1/25 | $435,000 | 3.00% | 2.80% | ||
| 7/1/26 | $445,000 | 3.00% | 3.00% | ||
| 7/1/27 | $455,000 | 3.125% | 3.15% | ||
| 7/1/28 | $460,000 | 3.125% | 3.25% |
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
MASSACHUSETTS
Hyannis Fire District
Jul 1, 2015 . . . . . . $2,486,700
General Obligation Land Acquisition Bonds (bank qualified) (book entry).
Dated Jul 15, 2015.
Due Jul 15, 2016 to 2035.
Callable Jul 15, 2023 at par.
Winning bid: Roosevelt & Cross, at 101.5517, TIC 2.8056%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/16 | $126,700 | 4.00% | 0.45% | ||
| 7/15/17 | $125,000 | 4.00% | 0.70% | ||
| 7/15/18 | $125,000 | 4.00% | 1.00% | ||
| 7/15/19 | $125,000 | 3.00% | 1.20% | ||
| 7/15/20 | $125,000 | 3.00% | 1.40% | ||
| 7/15/21 | $125,000 | 2.00% | 1.65% | ||
| 7/15/22 | $125,000 | 2.00% | 1.90% | ||
| 7/15/23 | $125,000 | 2.00% | 2.05% | ||
| 7/15/26 | $375,000 | 3.00% | 2.35% | ||
| 7/15/29 | $375,000 | 3.00% | 2.65% | ||
| 7/15/32 | $375,000 | 3.00% | 3.05% | ||
| 7/15/35 | $360,000 | 3.25% | 3.30% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Robert W. Baird, TIC 2.8665%
Stifel Nicolaus, TIC 2.9986%
Fidelity Capital, TIC 3.0594%
NEW JERSEY
Estell Manor City Board of Education
Jul 1, 2015 . . . . . . $1,234,000
School Bonds (bank qualified) (book entry).
Dated Jul 15, 2015.
Due Jul 15, 2017 to 2030.
Callable Jul 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.0000, NIC 3.1438%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $50,000 | 3.00% | 0.90% | AGM | |
| 7/15/18 | $80,000 | 3.00% | 1.25% | AGM | |
| 7/15/19 | $84,000 | 3.00% | 1.50% | AGM | |
| 7/15/20 | $85,000 | 3.00% | 1.75% | AGM | |
| 7/15/21 | $90,000 | 3.00% | 2.10% | AGM | |
| 7/15/22 | $90,000 | 3.00% | 2.35% | AGM | |
| 7/15/23 | $95,000 | 3.125% | 2.50% | AGM | |
| 7/15/24 | $95,000 | 3.125% | 2.65% | AGM | |
| 7/15/25 | $95,000 | 3.125% | 2.80% | AGM | |
| 7/15/26 | $95,000 | 3.125% | 3.05% | AGM | |
| 7/15/27 | $95,000 | 3.125% | 3.15% | AGM | |
| 7/15/28 | $95,000 | 3.25% | 3.25% | AGM | |
| 7/15/29 | $95,000 | 3.25% | 3.35% | AGM | |
| 7/15/30 | $90,000 | 3.25% | 3.45% | AGM |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Edward Jones.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
NEW YORK
Baldwinsville Central School District
Jul 1, 2015 . . . . . . $12,000,000
Bond Anticipation Notes, 2015 (bank qualified).
Dated Jul 15, 2015.
Due Jul 15, 2016.
Purchased $12,000,000.00 by JPMorgan, at 2.0%, plus $180,960.00, effective rate 0.492%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 0.596%
Oppenheimer, Effective Rate 0.8108%
Jefferies, Effective Rate 0.858%
JPMorgan Chase, Effective Rate 0.89%
Beaver River Central School District
Jul 1, 2015 . . . . . . $9,499,185
Bond Anticipation Notes, 2015 (Renewals) (bank qualified).
Dated Jul 17, 2015.
Due Jun 30, 2016.
Purchased $9,499,185.00 by TD Securities, at 1.75%, plus $89,482.32, effective rate 0.7613%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 0.7747%
Oppenheimer, Effective Rate 0.8354%
Chazy Union Free School District
Jul 1, 2015 . . . . . . $1,685,000
Bond Anticipation Notes, 2015 (bank qualified).
Dated Jul 15, 2015.
Due Jul 15, 2016.
Purchased $1,685,000.00 by Oppenheimer, at 1.375%, plus $4,135.00, effective rate 1.1296%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.135%
TD Bank, N.A., Effective Rate 1.45%
East Rockaway Union Free School District
Jul 1, 2015 . . . . . . $3,000,000
Bond Anticipation Notes, 2015 (bank qualified).
Dated Jul 16, 2015.
Due Jul 15, 2016.
Purchased $3,000,000.00 by Oppenheimer, at 1.5%, plus $17,670.00, effective rate 0.9094%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Erie #2 Board of Cooperative Education
Jul 1, 2015 . . . . . . $7,400,000
Revenue Anticipation Notes, 2015 (New Issue) (bank qualified).
Dated Jul 15, 2015.
Due Jun 30, 2016.
Purchased $7,400,000.00 by JPMorgan Chase, at 0.88%, effective rate 0.88%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.0195%
Jefferies, Effective Rate 1.0358%
Glens Falls City School District
Jul 1, 2015 . . . . . . $7,491,000
Bond Anticipation Notes, 2015 (Renewals) (bank qualified).
Dated Jul 15, 2015.
Due Jun 29, 2016.
Purchased $1,000,000.00 by FNB of Scotia, at 0.69%, effective rate 0.69%.
Purchased $6,491,000.00 by Jefferies, at 1.25%, plus $34,534.62, effective rate 0.6932%.
L.O.: Bartlett, Pontiff, Stewart & Rhodes, P.C., Glens Falls, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 0.6932%
TD Securities, Effective Rate 0.7234%
Oppenheimer, Effective Rate 0.8388%
Glens Falls Natl Bk, Effective Rate 1.29%
Guilderland Central School District
Jul 1, 2015 . . . . . . $16,604,740
Bond Anticipation Notes-2015.
Dated Jul 15, 2015.
Due Jul 15, 2016.
Purchased $16,604,740.00 by Oppenheimer, at 1.5%, plus $113,525.00, effective rate 0.8163%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
JPMorgan, Effective Rate 0.84%
Jefferies, Effective Rate 0.858%
First Niagara Bank, Effective Rate 1.07%
Katonah-Lewisboro Union Free School District
Jul 1, 2015 . . . . . . $1,203,200
Bond Anticipation Notes for School Buses-2015.
Dated Jul 9, 2015.
Due Jul 8, 2016.
Purchased $1,203,200.00 by People's United Bk, at 0.85%, effective rate 0.85%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 0.89%
Oppenheimer, Effective Rate 0.9129%
Roosevelt & Cross, Effective Rate 0.9941%
Jefferies, Effective Rate 1.1485%
Bank of Greene Co, Effective Rate 1.29%
Lyons Central School District
Jul 1, 2015 . . . . . . $2,000,000
Bond Anticipation Notes, 2015 (bank qualified) (book entry).
Dated Jul 17, 2015.
Due Jul 15, 2016.
Purchased $2,000,000.00 by Oppenheimer, at 1.375%, plus $6,380.00, effective rate 1.0542%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.0597%
Roosevelt & Cross, Effective Rate 1.073%
Malone Central School District
Jul 1, 2015 . . . . . . $12,000,000
Bond Anticipation Notes-2015.
Dated Jul 15, 2015.
Due Jul 15, 2016.
Purchased $12,000,000.00 by Oppenheimer, at 1.5%, plus $88,350.00, effective rate 0.7638%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 0.878%
JPMorgan Chase, Effective Rate 0.9%
JPMorgan, Effective Rate 0.9%
Mexico Central School District
Jul 1, 2015 . . . . . . $19,180,000
Bond Anticipation Notes, 2015.
Dated Jul 16, 2015.
Due Jul 15, 2016.
Purchased $19,180,000.00 by Jefferies, at 2.0%, plus $246,850.00, effective rate 0.7094%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 0.7853%
Oppenheimer, Effective Rate 0.8079%
JPMorgan, Effective Rate 0.8498%
Middletown City School District
Jul 1, 2015 . . . . . . $47,975,000
Bond Anticipation Notes, 2015 (Renewals).
Dated Jul 9, 2015.
Due Jun 29, 2016.
Purchased $47,975,000.00 by TD Securities, at 2.0%, plus $709,070.50, effective rate 0.4797%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
JPMorgan, Effective Rate 0.5351%
Jefferies, Effective Rate 0.6143%
Oppenheimer, Effective Rate 0.8198%
Schroeppel (Town)
Jul 1, 2015 . . . . . . $450,000
Public Improvement (Serial) Bonds, 2014 (bank qualified).
Dated Jul 15, 2015.
Due Jul 15, 2016 to 2030.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.5451%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/16 | $20,000 | 3.25% | 0.80% | ||
| 7/15/17 | $25,000 | 3.25% | 1.20% | ||
| 7/15/18 | $25,000 | 3.25% | 1.55% | ||
| 7/15/19 | $25,000 | 3.25% | 1.80% | ||
| 7/15/20 | $30,000 | 3.25% | 2.00% | ||
| 7/15/21 | $30,000 | 3.25% | 2.35% | ||
| 7/15/22 | $30,000 | 3.25% | 2.70% | ||
| 7/15/23 | $30,000 | 3.25% | 3.00% | ||
| 7/15/24 | $30,000 | 3.25% | 3.15% | ||
| 7/15/25 | $30,000 | 3.25% | 3.25% | ||
| 7/15/26 | $35,000 | 3.375% | 3.375% | ||
| 7/15/27 | $35,000 | 3.50% | 3.50% | ||
| 7/15/28 | $35,000 | 3.75% | 3.60% | ||
| 7/15/29 | $35,000 | 4.00% | 3.70% | ||
| 7/15/30 | $35,000 | 4.00% | 3.80% |
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Solvay Union Free School District
Jul 1, 2015 . . . . . . $2,743,739
Bond Anticipation Notes, 2015 (Renewals) (bank qualified).
Dated Jul 16, 2015.
Due Jun 30, 2016.
Purchased $2,743,740.00 by Oppenheimer, at 1.5%, plus $17,630.00, effective rate 0.8276%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 0.9869%
Volney (Town)
Jul 1, 2015 . . . . . . $1,428,000
Bond Anticipation Notes, 2015 (bank qualified).
Dated Jul 9, 2015.
Due Mar 9, 2016.
Purchased $1,428,000.00 by Oppenheimer, at 1.375%, plus $600.00, effective rate 1.312%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
PENNSYLVANIA
Erie City School District
Jul 1, 2015 . . . . . . $12,000,000
Tax and Revenue Anticipation Notes, Series 2015-2016 (book entry).
Dated Jul 9, 2015.
Due Jun 30, 2016.
Purchased $12,000,000.00 by Oppenheimer, at 1.75%, plus $103,200.00, effective rate 0.8588%.
L.O.: Knox McLauglin Gornall and Sennett, P.C., Erie, PA.
F.A.: Public Resources Advisory Group, Media, PA.
Other bidders were:
Jefferies, Effective Rate 0.8918%
Piper Jaffray, Effective Rate 1.2796%
TENNESSEE
Hawkins County
Jul 1, 2015 . . . . . . $9,655,000
General Obligation Refunding Bonds, Series 2015 (bank qualified) (book entry).
Dated Jul 20, 2015.
Due Jun 1, 2016 to 2036.
Callable Jun 1, 2021 at par.
Winning bid: Raymond James, at 100.0888, TIC 3.2234%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $105,000 | 1.00% | 0.50% | ||
| 6/1/18 | $130,000 | 1.25% | 1.15% | ||
| 6/1/21 | $195,000 | 1.45% | 1.45% | ||
| 6/1/23 | $140,000 | 2.00% | 2.00% | ||
| 6/1/26 | $215,000 | 2.50% | 2.25% | ||
| 6/1/29 | $235,000 | 3.00% | 2.55% | ||
| 6/1/30 | $1,680,000 | 3.125% | 2.70% | ||
| 6/1/31 | $1,750,000 | 3.125% | 2.90% | ||
| 6/1/32 | $1,325,000 | 3.25% | 3.10% | ||
| 6/1/33 | $1,000,000 | 3.25% | 3.15% | ||
| 6/1/34 | $980,000 | 3.375% | 3.25% | ||
| 6/1/35 | $970,000 | 3.50% | 3.35% | ||
| 6/1/36 | $930,000 | 3.50% | 3.637% |
L.O.: Glankler Brown, PLLC, Memphis, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
FTN Fin Cap Mkts, TIC 3.347%
Robert W. Baird, TIC 3.3804%
SunTrust Robinson, TIC 3.5149%
TEXAS
Crosby Independent School District
Jun 30, 2015 . . . . . . $9,400,000
Unlimited Tax School Building Bonds, Series 2015 (bank qualified) (book entry).
Dated Jul 1, 2015.
Due Feb 15, 2016 to 2043.
Callable Feb 15, 2025 at par.
Winning bid: Stifel Nicolaus, at 102.0968, TIC 2.9875%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/16 | $1,360,000 | 3.00% | 0.35% | PSF | |
| 2/15/17 | $1,545,000 | 3.00% | 0.75% | PSF | |
| 2/15/18 | $1,805,000 | 3.00% | 1.00% | PSF | |
| 2/15/19 | $170,000 | 3.00% | 1.25% | PSF | |
| 2/15/20 | $175,000 | 3.00% | 1.35% | PSF | |
| 2/15/21 | $180,000 | 3.00% | 1.50% | PSF | |
| 2/15/22 | $185,000 | 3.00% | 1.75% | PSF | |
| 2/15/23 | $190,000 | 3.00% | 1.85% | PSF | |
| 2/15/24 | $200,000 | 3.00% | 2.00% | PSF | |
| 2/15/25 | $200,000 | 3.00% | 2.10% | PSF | |
| 2/15/26 | $205,000 | 3.00% | 2.20% | PSF | |
| 2/15/28 | $435,000 | 3.00% | 2.45% | PSF | |
| 2/15/30 | $370,000 | 3.00% | 2.65% | PSF | |
| 2/15/32 | $300,000 | 3.00% | 2.90% | PSF | |
| 2/15/35 | $495,000 | 3.25% | 3.25% | PSF | |
| 2/15/38 | $540,000 | 3.375% | 3.375% | PSF | |
| 2/15/43 | $1,045,000 | 3.625% | 3.625% | PSF |
Other managers: BOSC, Inc., SunTrust Robinson Humphrey.
L.O.: Norton Rose Fulbright US LLP, San Antonio, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX; and SAMCO Capital Markets, Dallas, TX.
Other bidders were:
William Blair, TIC 3.0031%
FTN Fin Cap Mkts, TIC 3.0269%
Robert W. Baird, TIC 3.0727%
Southwest Securities, TIC 3.1769%
