CONNECTICUT
Salisbury (Town)
Nov 24, 2015 . . . . . . $2,340,000
Bond Anticipation Notes (bank qualified).
Dated Dec 4, 2015.
Due Sep 1, 2016.
Purchased $2,340,000.00 by Salisbury Bk & Tr, at 0.37%, effective rate 0.37%.
L.O.: Day Pitney LLP, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
TD Bank, N.A., Effective Rate 0.64%
Eastern Bk Cap Mkts, Effective Rate 0.878%
INDIANA
East Allen County Schools
Nov 24, 2015 . . . . . . $2,000,000
General Obligation Bonds of 2015 (bank qualified) (book entry).
Dated Dec 15, 2015.
Due Jul 15, 2016 to 2018.
Non-callable.
Winning bid: City Securities, at 99.7810, NIC 0.9898%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/18 | $2,000,000 | 0.85% | 0.85% | SAIP |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Cender and Company, L.L.C., Merrillville, IN.
Other bidders were:
J.J.B. Hilliard, NIC 1.2136%
Bernardi Securities, NIC 1.354%
SunTrust Robinson, NIC 1.4011%
First Source Bank, NIC 1.9342%
KANSAS
Garnett (City)
Nov 24, 2015 . . . . . . $645,000
General Obligation Bonds, Series 2015 (bank qualified) (book entry).
Dated Dec 10, 2015.
Due Oct 1, 2016 to 2035.
Callable Oct 1, 2023 at par.
Winning bid: Cooper Malone, at n/a, TIC 3.3987%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/16 | $30,000 | 4.00% | 1.65% | ||
| 10/1/17 | $25,000 | 4.00% | 1.71% | ||
| 10/1/18 | $25,000 | 4.00% | 1.25% | ||
| 10/1/19 | $25,000 | 4.00% | 1.50% | ||
| 10/1/20 | $25,000 | 4.00% | 1.80% | ||
| 10/1/21 | $30,000 | 4.00% | 2.00% | ||
| 10/1/22 | $30,000 | 2.25% | 2.25% | ||
| 10/1/25 | $95,000 | 2.50% | 2.50% | ||
| 10/1/28 | $100,000 | 3.00% | 3.00% | ||
| 10/1/31 | $100,000 | 3.50% | 3.50% | ||
| 10/1/35 | $160,000 | 3.75% | 3.75% |
L.O.: Gilmore & Bell, Kansas City, MO.
F.A.: Piper Jaffray & Company, Leawood, KS.
Other bidders were:
Central States Cap, TIC 3.4437%
Commerce Bank, TIC 3.4552%
MASSACHUSETTS
Salem (City)
Nov 24, 2015 . . . . . . $12,095,000
General Obligation Municipal Purpose Loan of 2015 Bonds (book entry).
Dated Dec 2, 2015.
Due Nov 1, 2016 to 2035.
Callable Nov 1, 2025 at par.
Winning bid: Janney Montgomery, at 111.3028, TIC 2.2817%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/16 | $1,045,000 | 2.00% | 0.45% | ||
| 11/1/17 | $1,020,000 | 3.00% | 0.75% | ||
| 11/1/18 | $1,000,000 | 4.00% | 0.95% | ||
| 11/1/19 | $1,000,000 | 5.00% | 1.17% | ||
| 11/1/20 | $895,000 | 5.00% | 1.35% | ||
| 11/1/21 | $885,000 | 5.00% | 1.50% | ||
| 11/1/22 | $875,000 | 5.00% | 1.68% | ||
| 11/1/23 | $865,000 | 5.00% | 1.86% | ||
| 11/1/24 | $835,000 | 5.00% | 2.00% | ||
| 11/1/25 | $420,000 | 5.00% | 2.12% | ||
| 11/1/26 | $375,000 | 4.00% | 2.27% | ||
| 11/1/27 | $375,000 | 2.50% | 2.55% | ||
| 11/1/28 | $375,000 | 3.00% | 2.80% | ||
| 11/1/29 | $350,000 | 3.00% | 2.85% | ||
| 11/1/30 | $305,000 | 3.00% | 2.90% | ||
| 11/1/31 | $305,000 | 3.25% | 2.95% | ||
| 11/1/32 | $295,000 | 3.25% | 3.00% | ||
| 11/1/33 | $295,000 | 3.50% | 3.00% | ||
| 11/1/34 | $295,000 | 3.00% | 3.20% | ||
| 11/1/35 | $285,000 | 3.125% | 3.25% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Morgan Stanley, TIC 2.2833%
FTN Fin Cap Mkts, TIC 2.2876%
Robert W. Baird, TIC 2.3145%
Roosevelt & Cross, TIC 2.3324%
Hutchinson Shockey, TIC 2.345%
Piper Jaffray, TIC 2.3717%
JPMorgan, TIC 2.3906%
BA Merrill Lynch, TIC 2.3916%
Townsend (Town)
Nov 24, 2015 . . . . . . $889,000
General Obligation Bond Anticipation Notes (new money and renewals) (bank qualified).
Dated Dec 11, 2015.
Due Dec 9, 2016.
Purchased $889,000.00 by Eastern Bk Cap Mkts, at 0.75%, effective rate 0.75%.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Century Bk, Effective Rate 0.75%
Easthampton Svgs Bk, Effective Rate 0.78%
UniBank Fiscal Adv, Effective Rate 0.8%
Roosevelt & Cross, Effective Rate 1.1371%
MICHIGAN
Kalamazoo (City)
Nov 24, 2015 . . . . . . $3,035,000
Water Supply System Revenue Bonds, Series 2015 (book entry).
Dated Dec 15, 2015.
Due Sep 1, 2016 to 2040.
Callable Sep 1, 2025 at par.
Winning bid: Fifth Third Secs, at 98.9317, TIC 3.2407%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $115,000 | 2.00% | 0.50% | ||
| 9/1/17 | $85,000 | 2.00% | 0.90% | ||
| 9/1/18 | $90,000 | 2.00% | 1.15% | ||
| 9/1/19 | $90,000 | 2.00% | 1.35% | ||
| 9/1/20 | $90,000 | 2.00% | 1.55% | ||
| 9/1/21 | $90,000 | 2.25% | 1.80% | ||
| 9/1/22 | $95,000 | 2.50% | 2.00% | ||
| 9/1/23 | $95,000 | 3.00% | 2.20% | ||
| 9/1/24 | $100,000 | 3.00% | 2.35% | ||
| 9/1/25 | $105,000 | 3.00% | 2.50% | ||
| 9/1/27 | $215,000 | 3.00% | 2.85% | ||
| 9/1/29 | $235,000 | 3.00% | 3.05% | ||
| 9/1/31 | $245,000 | 3.00% | 3.20% | ||
| 9/1/33 | $265,000 | 3.125% | 3.30% | ||
| 9/1/35 | $285,000 | 3.25% | 3.40% | ||
| 9/1/37 | $315,000 | 3.375% | 3.50% | ||
| 9/1/40 | $520,000 | 3.375% | 3.55% |
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Robert W. Baird & Co., Inc., Traverse City, MI.
Other bidders were:
Stifel Nicolaus, TIC 3.2446%
Bernardi Securities, TIC 3.3446%
PNC Capital Markets, TIC 3.3486%
Morgan Stanley, TIC 3.383%
J.J.B. Hilliard, TIC 3.407%
Hutchinson Shockey, TIC 3.4086%
BA Merrill Lynch, TIC 3.6554%
NEW JERSEY
Bedminster Township
Nov 24, 2015 . . . . . . $1,261,575
Bond Anticipation Note (bank qualified) (book entry).
Dated Dec 4, 2015.
Due Dec 2, 2016.
Purchased $1,261,580.00 by PNC Bank, at 0.67%, effective rate 0.67%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Peapack-Gladstone, Effective Rate 0.69%
TD Securities, Effective Rate 1.01%
Jefferies, Effective Rate 1.095%
Roosevelt & Cross, Effective Rate 1.1084%
Oppenheimer, Effective Rate 1.1195%
Dover (Town)
Nov 24, 2015 . . . . . . $6,796,685
Bond Anticipation Note (bank qualified).
Dated Dec 4, 2015.
Due Aug 4, 2016.
Purchased $6,796,690.00 by TD Bank, N.A., at 0.63%, effective rate 0.63%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Valley National Bank, Effective Rate 0.72%
Jefferies, Effective Rate 0.869%
Provident Bank, Effective Rate 0.96%
Oppenheimer, Effective Rate 1.0703%
Freehold Borough
Nov 24, 2015 . . . . . . $11,590,000
Bond Anticipation Notes, Series 2015A.
Dated Dec 4, 2015.
Due Dec 2, 2016.
Purchased $11,590,000.00 by TD Securities, at 2.0%, plus $131,314.70, effective rate 0.86%.
L.O.: Dilworth Paxson, Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.877%
Oppenheimer, Effective Rate 1.1839%
Freehold Township
Nov 24, 2015 . . . . . . $8,274,000
Bond Anticipation Notes, Series 2015 consisting $5,642,000 General Improvement and $2,632,000 Water/Sewer Utility (book entry).
Dated Dec 11, 2015.
Due Nov 18, 2016.
Purchased $8,274,000.00 by TD Securities, at 2.0%, plus $109,795.98, effective rate 0.5824%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
Jefferies, Effective Rate 0.61%
Oppenheimer, Effective Rate 0.842%
Freehold Township
Nov 24, 2015 . . . . . . $13,727,000
$8,258,000 General Improvement Bonds, Series 2015 and $5,469,000 Water/Sewer Utility Bonds, Series 2015 (book entry).
Dated Dec 11, 2015.
Due Nov 1, 2016 to 2027.
Callable Nov 1, 2025 at par.
Winning bid: Roosevelt & Cross, at 102.0000, TIC 2.1333%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/16 | $937,000 | 3.00% | 0.35% | ||
| 11/1/17 | $1,065,000 | 4.00% | 0.75% | ||
| 11/1/18 | $1,070,000 | 4.00% | 1.00% | ||
| 11/1/19 | $1,090,000 | 4.00% | 1.20% | ||
| 11/1/20 | $1,105,000 | 4.00% | 1.40% | ||
| 11/1/21 | $1,130,000 | 2.00% | 1.60% | ||
| 11/1/22 | $1,150,000 | 2.00% | 1.80% | ||
| 11/1/23 | $1,170,000 | 2.00% | 2.00% | ||
| 11/1/24 | $1,205,000 | 2.00% | 2.10% | ||
| 11/1/25 | $1,230,000 | 2.125% | 2.25% | ||
| 11/1/26 | $1,270,000 | 2.25% | 2.40% | ||
| 11/1/27 | $1,305,000 | 2.375% | 2.50% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Edward Jones.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
Janney Montgomery, TIC 2.1443%
BA Merrill Lynch, TIC 2.1952%
Robert W. Baird, TIC 2.2299%
Jefferies, TIC 2.2338%
Glen Gardner (Borough)
Nov 24, 2015 . . . . . . $682,362
Bond Anticipation Note (bank qualified).
Dated Dec 10, 2015.
Due Dec 9, 2016.
Purchased $682,360.00 by Roosevelt & Cross, at 1.5%, plus $1,757.00, effective rate 1.2418%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.4474%
Harvey Cedars Borough
Nov 24, 2015 . . . . . . $2,902,160
$1,822,675 General Improvement Bond Anticipation Notes and $1,079,485 Water Utility Bond Anticipation Notes (bank qualified).
Dated Dec 4, 2015.
Due Nov 11, 2016.
Purchased $2,902,160.00 by PNC Bank, at 0.75%, effective rate 0.75%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Amboy Natl Bk, Effective Rate 0.93%
Oppenheimer, Effective Rate 1.4005%
Pleasantville (City)
Nov 24, 2015 . . . . . . $692,000
Tax Appeal Refunding Notes of 2015, Series A (bank qualified).
Dated Dec 8, 2015.
Due Dec 7, 2016.
Purchased $692,000.00 by PNC Bank, at 1.12%, effective rate 1.12%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Passaic Vly Wtr Comm, Effective Rate 1.1789%
East Brunswick Twp, Effective Rate 1.179%
Roosevelt & Cross, Effective Rate 1.2397%
Oppenheimer, Effective Rate 1.7129%
Tuckerton Borough
Nov 24, 2015 . . . . . . $922,500
$522,500 General Capital Anticipation Notes;and $400,000 Water and Sewer Utility Bond Anticipation Notes (bank qualified).
Dated Dec 4, 2015.
Due Dec 2, 2016.
Purchased $922,500.00 by PNC Bank, at 0.95%, effective rate 0.95%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 1.15%
Jefferies, Effective Rate 1.3121%
Oppenheimer, Effective Rate 1.4352%
NEW YORK
Batavia (Town)
Nov 24, 2015 . . . . . . $516,000
Bond Anticipation Notes, 2015B (bank qualified).
Dated Dec 8, 2015.
Due Dec 7, 2016.
Purchased $516,000.00 by Five Star Bnk, at 1.45%, effective rate 1.45%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 1.56%
Oppenheimer, Effective Rate 1.5909%
Roosevelt & Cross, Effective Rate 2.0469%
Brewster Village
Nov 24, 2015 . . . . . . $105,000
Bond Anticipation Notes For Merrieweather Estates Settlement Claim -2015 (bank qualified).
Dated Dec 11, 2015.
Due Dec 9, 2016.
Purchased $105,000.00 by Mahopac Nat'l Bk, at 1.95%, effective rate 1.95%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 2.2032%
Oppenheimer, Effective Rate 3.4952%
Mohawk Village
Nov 24, 2015 . . . . . . $288,000
Bond Anticipation Notes, 2015 (bank qualified).
Dated Dec 4, 2015.
Due Dec 2, 2016.
Purchased $288,000.00 by Bank of Greene Co, at 1.56%, effective rate 1.56%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Adirondack Bank, Effective Rate 1.95%
Oppenheimer, Effective Rate 2.9326%
Rockland County
Nov 24, 2015 . . . . . . $28,610,000
Various Purposes (Serial) Bonds, 2015 (book entry).
Dated Dec 3, 2015.
Due Dec 1, 2017 to 2031.
Callable Dec 1, 2023 at par.
Winning bid: BA Merrill Lynch, at 100.0281, NIC 2.954%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/17 | $1,635,000 | 2.00% | 1.00% | AGM | |
| 12/1/18 | $1,655,000 | 2.00% | 1.20% | AGM | |
| 12/1/19 | $1,675,000 | 2.50% | 1.39% | AGM | |
| 12/1/20 | $1,705,000 | 2.50% | 1.62% | AGM | |
| 12/1/21 | $1,740,000 | 2.75% | 1.85% | AGM | |
| 12/1/22 | $1,775,000 | 2.75% | 2.06% | AGM | |
| 12/1/23 | $1,815,000 | 2.75% | 2.29% | AGM | |
| 12/1/24 | $1,860,000 | 3.00% | 2.48% | AGM | |
| 12/1/25 | $1,915,000 | 3.00% | 2.65% | AGM | |
| 12/1/26 | $1,970,000 | 3.00% | 2.80% | AGM | |
| 12/1/27 | $2,030,000 | 3.00% | 2.90% | AGM | |
| 12/1/28 | $2,095,000 | 3.00% | 3.00% | AGM | |
| 12/1/29 | $2,170,000 | 3.00% | 3.10% | AGM | |
| 12/1/30 | $2,245,000 | 3.125% | 3.20% | AGM | |
| 12/1/31 | $2,325,000 | 3.25% | 3.30% | AGM |
L.O.: Harris Beach PLLC, White Plains, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Roosevelt & Cross, NIC 2.9543%
Wells Fargo Secs, NIC 3.0%
Piper Jaffray, NIC 3.0191%
Hutchinson Shockey, NIC 3.0335%
Fidelity Capital, NIC 3.0825%
KeyBanc Cap Mkts, NIC 3.2664%
TD Securities, NIC 3.7591%
Utica City School District
Nov 24, 2015 . . . . . . $2,000,000
Tax Anticipation Notes, Series 2015.
Dated Dec 10, 2015.
Due Dec 9, 2016.
Purchased $2,000,000.00 by Jefferies, at 2.0%, plus $8,582.00, effective rate 1.5697%.
L.O.: Bond, Schoeneck & King, PLLC, Utica, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.7137%
WISCONSIN
Milwaukee Area Technical College District
Nov 24, 2015 . . . . . . $1,500,000
General Obligation Promissory Notes, Series 2015-16F (book entry).
Dated Dec 15, 2015.
Due Jun 1, 2017 to 2020.
Non-callable.
Winning bid: Morgan Stanley, at 102.1419, TIC 1.2075%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $350,000 | 2.00% | 0.70% | ||
| 6/1/18 | $500,000 | 2.00% | 0.93% | ||
| 6/1/19 | $500,000 | 2.00% | 1.13% | ||
| 6/1/20 | $150,000 | 2.00% | 1.34% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, FTN Financial Capital Markets.
L.O.: Michael, Best & Friedrich, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Fidelity Capital, TIC 1.236%
Hutchinson Shockey, TIC 1.2456%
Bernardi Securities, TIC 1.406%
