INDIANA
Flat Rock-Hawcreek School Corporation
Dec 10, 2015 . . . . . . $817,000
Tax Anticipation Warrant (bank qualified).
Dated Jan 4, 2016.
Due Dec 30, 2016.
Purchased $817,000.00 by Tech Credit Union, at 1.21%, effective rate 1.21%.
L.O.: TWPeterson Law Office LLP, Indianapolis, IN.
F.A.: Municipal Official(s).
Other bidders were:
Centier Bank, Effective Rate 1.24%
Greater Clark County Schools
Dec 10, 2015 . . . . . . $7,500,000
Tax Anticipation Warrants.
Dated Jan 4, 2016.
Due Dec 30, 2016.
Purchased $7,500,000.00 by Centier Bank, at 1.4%, effective rate 1.4%.
L.O.: TWPeterson Law Office LLP, Indianapolis, IN.
F.A.: Municipal Official(s).
Other bidders were:
Mainsource Bk, Effective Rate 1.49%
Your Comm Bk, Effective Rate 1.99%
Lake Station Community School Corporation
Dec 10, 2015 . . . . . . $669,000
Temporary Loan Warrant (bank qualified).
Dated Jan 4, 2016.
Due Dec 30, 2016.
Purchased $669,000.00 by Tech Credit Union, at 1.16%, effective rate 1.16%.
L.O.: TWPeterson Law Office LLP, Indianapolis, IN.
F.A.: Municipal Official(s).
Other bidders were:
Centier Bank, Effective Rate 1.24%
Mainsource Bk, Effective Rate 1.6%
Pendleton Redevelopment Authority
Dec 9, 2015 . . . . . . $1,810,000
Lease Rental Revenue Bonds, Series 2015 (bank qualified).
Dated Dec 23, 2015.
Due Jul 15, 2017 to Jan 15, 2031.
Callable Jan 15, 2024 at par.
Winning bid: J.J.B. Hilliard, at n/a, NIC 3.4132%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $50,000 | 3.30% | 3.30% | ||
| 1/15/18 | $55,000 | 3.30% | 3.30% | ||
| 7/15/18 | $55,000 | 3.30% | 3.30% | ||
| 1/15/19 | $55,000 | 3.30% | 3.30% | ||
| 7/15/19 | $55,000 | 3.30% | 3.30% | ||
| 1/15/20 | $55,000 | 3.30% | 3.30% | ||
| 7/15/20 | $55,000 | 3.30% | 3.30% | ||
| 1/15/21 | $60,000 | 3.30% | 3.30% | ||
| 7/15/21 | $55,000 | 3.30% | 3.30% | ||
| 1/15/22 | $60,000 | 3.30% | 3.30% | ||
| 7/15/22 | $60,000 | 3.30% | 3.30% | ||
| 1/15/23 | $65,000 | 3.30% | 3.30% | ||
| 7/15/23 | $60,000 | 3.30% | 3.30% | ||
| 1/15/24 | $65,000 | 3.30% | 3.30% | ||
| 7/15/24 | $65,000 | 3.30% | 3.30% | ||
| 1/15/25 | $65,000 | 3.30% | 3.30% | ||
| 7/15/25 | $65,000 | 3.30% | 3.30% | ||
| 1/15/26 | $70,000 | 3.30% | 3.30% | ||
| 7/15/26 | $65,000 | 3.30% | 3.30% | ||
| 1/15/27 | $70,000 | 3.30% | 3.30% | ||
| 7/15/27 | $70,000 | 3.30% | 3.30% | ||
| 1/15/28 | $75,000 | 3.30% | 3.30% | ||
| 7/15/28 | $75,000 | 3.30% | 3.30% | ||
| 1/15/29 | $75,000 | 3.30% | 3.30% | ||
| 7/15/29 | $75,000 | 3.30% | 3.30% | ||
| 1/15/30 | $75,000 | 3.30% | 3.30% | ||
| 7/15/30 | $80,000 | 3.30% | 3.30% | ||
| 1/15/31 | $80,000 | 3.30% | 3.30% |
L.O.: Bose McKinney & Evans LLP, Indianapolis, IN.
F.A.: Umbaugh LLP, Indianapolis, IN.
KENTUCKY
Jefferson County School District Finance Corporation
Dec 10, 2015 . . . . . . $15,160,000
School Building Revenue Bonds, Series 2015C (Kentucky State School District Credit Enhancement Program) (book entry).
Dated Dec 30, 2015.
Due Dec 1, 2016 to 2035.
Callable Dec 1, 2025 at par.
Winning bid: Hutchinson Shockey, at 107.1201, TIC 2.9822%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/16 | $210,000 | 5.00% | 0.60% | ||
| 12/1/17 | $220,000 | 5.00% | 1.00% | ||
| 12/1/18 | $225,000 | 5.00% | 1.20% | ||
| 12/1/19 | $450,000 | 5.00% | 1.35% | ||
| 12/1/20 | $450,000 | 5.00% | 1.50% | ||
| 12/1/21 | $450,000 | 5.00% | 1.68% | ||
| 12/1/22 | $700,000 | 5.00% | 1.85% | ||
| 12/1/23 | $700,000 | 5.00% | 2.00% | ||
| 12/1/24 | $700,000 | 5.00% | 2.12% | ||
| 12/1/25 | $700,000 | 5.00% | 2.25% | ||
| 12/1/26 | $700,000 | 4.00% | 2.38% | ||
| 12/1/27 | $935,000 | 4.00% | 2.65% | ||
| 12/1/28 | $970,000 | 4.00% | 2.75% | ||
| 12/1/29 | $1,000,000 | 4.00% | 2.82% | ||
| 12/1/30 | $1,040,000 | 3.00% | 3.084% | ||
| 12/1/31 | $1,070,000 | 3.05% | 3.211% | ||
| 12/1/32 | $1,105,000 | 3.10% | 3.255% | ||
| 12/1/33 | $1,140,000 | 3.15% | 3.299% | ||
| 12/1/34 | $1,180,000 | 3.20% | 3.343% | ||
| 12/1/35 | $1,215,000 | 3.25% | 3.389% |
L.O.: Wyatt, Tarrant & Combs, LLP, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY; and Ross, Sinclaire & Associates LLC, Louisville, KY.
Other bidders were:
BA Merrill Lynch, TIC 3.0602%
Jefferies, TIC 3.0668%
Robert W. Baird, TIC 3.1486%
MARYLAND
Ocean City Mayor and City Council
Dec 10, 2015 . . . . . . $16,760,000
General Obligation Municipal Purpose Bonds of 2015 (book entry).
Dated Dec 22, 2015.
Due Dec 1, 2016 to 2035.
Callable Dec 1, 2025 at par.
Winning bid: Raymond James, at 107.4648, TIC 2.6393%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/16 | $580,000 | 5.00% | 0.42% | ||
| 12/1/17 | $595,000 | 5.00% | 0.75% | ||
| 12/1/18 | $615,000 | 5.00% | 0.95% | ||
| 12/1/19 | $630,000 | 5.00% | 1.10% | ||
| 12/1/20 | $655,000 | 5.00% | 1.28% | ||
| 12/1/21 | $680,000 | 5.00% | 1.45% | ||
| 12/1/22 | $710,000 | 5.00% | 1.62% | ||
| 12/1/23 | $735,000 | 5.00% | 1.78% | ||
| 12/1/24 | $770,000 | 5.00% | 1.91% | ||
| 12/1/25 | $810,000 | 5.00% | 2.03% | ||
| 12/1/26 | $850,000 | 2.00% | 2.25% | ||
| 12/1/27 | $880,000 | 4.00% | 2.31% | ||
| 12/1/28 | $920,000 | 2.50% | 2.55% | ||
| 12/1/29 | $950,000 | 3.00% | 2.67% | ||
| 12/1/30 | $980,000 | 3.00% | 2.80% | ||
| 12/1/31 | $1,010,000 | 3.00% | 2.92% | ||
| 12/1/32 | $1,045,000 | 3.00% | 3.00% | ||
| 12/1/33 | $1,080,000 | 3.00% | 3.05% | ||
| 12/1/34 | $1,115,000 | 3.00% | 3.10% | ||
| 12/1/35 | $1,150,000 | 3.00% | 3.15% |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Jefferies LLC.
L.O.: McGuireWoods LLP, Baltimore, MD.
F.A.: Davenport & Company LLC, Towson, MD.
Other bidders were:
Citigroup, TIC 2.6524%
Janney Montgomery, TIC 2.6938%
BA Merrill Lynch, TIC 2.6942%
Hutchinson Shockey, TIC 2.7336%
UBS Financial Svcs, TIC 2.7345%
Robert W. Baird, TIC 2.7353%
Piper Jaffray, TIC 2.7896%
Wells Fargo Secs, TIC 2.795%
JPMorgan, TIC 2.804%
MASSACHUSETTS
Dennis (Town)
Dec 10, 2015 . . . . . . $3,100,000
General Obligation Bonds (bank qualified) (book entry).
Dated Dec 15, 2015.
Due Dec 15, 2016 to 2030.
Callable Dec 15, 2025 at par.
Winning bid: William Blair, at 106.2323, TIC 2.1248%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/16 | $210,000 | 3.00% | 0.57% | ||
| 12/15/17 | $210,000 | 3.00% | 0.85% | ||
| 12/15/18 | $210,000 | 3.00% | 1.00% | ||
| 12/15/19 | $210,000 | 3.00% | 1.14% | ||
| 12/15/20 | $210,000 | 3.00% | 1.31% | ||
| 12/15/21 | $205,000 | 3.00% | 1.48% | ||
| 12/15/22 | $205,000 | 3.00% | 1.64% | ||
| 12/15/23 | $205,000 | 3.00% | 1.79% | ||
| 12/15/24 | $205,000 | 3.00% | 1.91% | ||
| 12/15/25 | $205,000 | 3.00% | 2.02% | ||
| 12/15/26 | $205,000 | 3.00% | 2.13% | ||
| 12/15/27 | $205,000 | 3.00% | 2.21% | ||
| 12/15/28 | $205,000 | 3.00% | 2.29% | ||
| 12/15/29 | $205,000 | 3.00% | 2.37% | ||
| 12/15/30 | $205,000 | 3.00% | 2.44% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: Cape Cod Five Cents Savings Bank, Harwich Port, MA.
Other bidders were:
FTN Fin Cap Mkts, TIC 2.1346%
Robert W. Baird, TIC 2.1355%
Piper Jaffray, TIC 2.1387%
Morgan Stanley, TIC 2.1442%
Stifel Nicolaus, TIC 2.1839%
UBS Financial Svcs, TIC 2.3001%
East Bridgewater (Town)
Dec 10, 2015 . . . . . . $2,315,000
General Obligation Municipal Purpose Loan of 2015 Bonds (bank qualified) (book entry).
Dated Dec 17, 2015.
Due Dec 15, 2016 to 2035.
Callable Dec 15, 2025 at par.
Winning bid: Morgan Stanley, at 106.1583, TIC 2.5443%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/16 | $105,000 | 4.00% | 0.50% | ||
| 12/15/17 | $150,000 | 4.00% | 0.84% | ||
| 12/15/18 | $150,000 | 4.00% | 1.03% | ||
| 12/15/19 | $155,000 | 4.00% | 1.20% | ||
| 12/15/20 | $160,000 | 4.00% | 1.40% | ||
| 12/15/21 | $145,000 | 4.00% | 1.60% | ||
| 12/15/22 | $150,000 | 4.00% | 1.75% | ||
| 12/15/23 | $150,000 | 4.00% | 1.90% | ||
| 12/15/24 | $165,000 | 4.00% | 2.05% | ||
| 12/15/25 | $160,000 | 4.00% | 2.20% | ||
| 12/15/26 | $75,000 | 2.25% | 2.35% | ||
| 12/15/27 | $80,000 | 2.25% | 2.45% | ||
| 12/15/28 | $80,000 | 2.50% | 2.60% | ||
| 12/15/29 | $80,000 | 2.625% | 2.80% | ||
| 12/15/30 | $80,000 | 3.00% | 3.00% | ||
| 12/15/31 | $80,000 | 3.00% | 3.05% | ||
| 12/15/33 | $170,000 | 3.00% | 3.20% | ||
| 12/15/35 | $180,000 | 3.125% | 3.30% |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Winslow, Evans & Crocker.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Robert W. Baird, TIC 2.5947%
UBS Financial Svcs, TIC 2.7216%
Massachusetts Development Finance Agency
Dec 10, 2015 . . . . . . $9,020,000
Special Obligation Bonds (Commonwealth Contract Assistance) Series 2015C (book entry).
Dated Dec 17, 2015.
Due May 1, 2016 to 2045.
Callable May 1, 2026 at par.
Winning bid: Citigroup, at 109.9405, TIC 3.3825%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/16 | $140,000 | 5.00% | 0.30% | ||
| 5/1/17 | $150,000 | 5.00% | 0.60% | ||
| 5/1/18 | $160,000 | 5.00% | 0.86% | ||
| 5/1/19 | $165,000 | 5.00% | 1.05% | ||
| 5/1/20 | $175,000 | 5.00% | 1.25% | ||
| 5/1/21 | $185,000 | 5.00% | 1.40% | ||
| 5/1/22 | $195,000 | 5.00% | 1.60% | ||
| 5/1/23 | $200,000 | 5.00% | 1.77% | ||
| 5/1/24 | $210,000 | 5.00% | 1.90% | ||
| 5/1/25 | $225,000 | 5.00% | 2.01% | ||
| 5/1/26 | $235,000 | 5.00% | 2.14% | ||
| 5/1/27 | $245,000 | 5.00% | 2.22% | ||
| 5/1/28 | $260,000 | 5.00% | 2.31% | ||
| 5/1/29 | $270,000 | 5.00% | 2.42% | ||
| 5/1/30 | $285,000 | 4.00% | 2.79% | ||
| 5/1/31 | $295,000 | 4.00% | 2.84% | ||
| 5/1/32 | $305,000 | 4.00% | 2.89% | ||
| 5/1/33 | $320,000 | 4.00% | 2.94% | ||
| 5/1/34 | $335,000 | 4.00% | 3.00% | ||
| 5/1/35 | $345,000 | 4.00% | 3.05% | ||
| 5/1/40 | $1,950,000 | 4.00% | 3.32% | ||
| 5/1/45 | $2,370,000 | 4.00% | 3.39% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Siebert, Brandford, Shank & Co., LLC, The Williams Capital Group, L.P., UBS Financial Services, Inc., Wiley Bros.-Aintree Capital LLC, Intercoastal Capital Markets, Inc., Rice Financial Products Company, Bonwick Capital Partners, LLC.
L.O.: McCarter & English, Boston, MA; and Locke Lord LLP, Boston, MA.
F.A.: Public Financial Management, Inc., Boston, MA.
Other bidders were:
BA Merrill Lynch, TIC 3.3959%
Janney Montgomery, TIC 3.404%
Robert W. Baird, TIC 3.4312%
Morgan Stanley, TIC 3.4471%
JPMorgan, TIC 3.468%
Hutchinson Shockey, TIC 3.4923%
Stifel Nicolaus, TIC 3.515%
Rockport (Town)
Dec 10, 2015 . . . . . . $40,000
General Obligation Bond Anticipation Notes (new money) (bank qualified).
Dated Dec 18, 2015.
Due Jun 30, 2016.
Purchased $40,000.00 by Century Bk, at 0.8%, effective rate 0.8%.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.5%
Rockport (Town)
Dec 10, 2015 . . . . . . $3,940,000
General Obligation Bond Anticipation Notes (new money) (bank qualified).
Dated Dec 18, 2015.
Due Aug 5, 2016.
Purchased $3,940,000.00 by Jefferies, at 2.0%, plus $34,199.20, effective rate 0.6234%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 0.6234%
Century Bk, Effective Rate 0.6811%
Stoneham (Town)
Dec 10, 2015 . . . . . . $2,820,000
General Obligation Municipal Purpose Loan of 2015 Bonds (bank qualified) (book entry).
Dated Dec 17, 2015.
Due Dec 15, 2016 to 2030.
Callable Dec 15, 2025 at par.
Winning bid: Roosevelt & Cross, at 103.0357, TIC 2.0254%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/16 | $350,000 | 3.00% | 0.55% | ||
| 12/15/17 | $350,000 | 3.00% | 0.80% | ||
| 12/15/18 | $355,000 | 3.00% | 0.97% | ||
| 12/15/19 | $360,000 | 3.00% | 1.15% | ||
| 12/15/20 | $210,000 | 2.00% | 1.30% | ||
| 12/15/21 | $205,000 | 2.00% | 1.50% | ||
| 12/15/22 | $100,000 | 2.00% | 1.65% | ||
| 12/15/23 | $100,000 | 2.00% | 1.80% | ||
| 12/15/24 | $105,000 | 2.00% | 1.90% | ||
| 12/15/25 | $110,000 | 2.00% | 1.95% | ||
| 12/15/26 | $110,000 | 2.00% | 2.10% | ||
| 12/15/28 | $225,000 | 3.00% | 2.40% | ||
| 12/15/30 | $240,000 | 3.00% | 2.65% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Robert W. Baird, TIC 2.0356%
Raymond James, TIC 2.1182%
Upper Blackstone Water Pollution Abatement District
Dec 10, 2015 . . . . . . $4,405,000
General Obligation Refunding Bonds (bank qualified) (book entry).
Dated Dec 30, 2015.
Due Mar 15, 2017 to 2023.
Non-callable.
Winning bid: Hutchinson Shockey, at 114.8837, TIC 1.4349%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/17 | $530,000 | 5.00% | 0.55% | ||
| 3/15/18 | $565,000 | 5.00% | 0.88% | ||
| 3/15/19 | $595,000 | 5.00% | 1.05% | ||
| 3/15/20 | $630,000 | 5.00% | 1.20% | ||
| 3/15/21 | $660,000 | 5.00% | 1.35% | ||
| 3/15/22 | $695,000 | 5.00% | 1.50% | ||
| 3/15/23 | $730,000 | 5.00% | 1.65% |
L.O.: Bowditch & Dewey, LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Janney Montgomery, TIC 1.4392%
Roosevelt & Cross, TIC 1.4758%
Robert W. Baird, TIC 1.5483%
Stifel Nicolaus, TIC 1.6128%
MICHIGAN
Livingston Educational Service Agency
Dec 9, 2015 . . . . . . $3,080,000
2015 School Building and Site Bonds (General Obligation-Limited Tax) (bank qualified).
Dated Dec 22, 2015.
Due May 1, 2017 to 2026.
Non-callable.
Winning bid: Fifth Third Secs, at 101.9185, TIC 1.9638%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $270,000 | 2.00% | 0.95% | ||
| 5/1/18 | $280,000 | 2.00% | 1.20% | ||
| 5/1/19 | $290,000 | 2.00% | 1.35% | ||
| 5/1/20 | $295,000 | 2.00% | 1.50% | ||
| 5/1/21 | $305,000 | 2.00% | 1.65% | ||
| 5/1/22 | $310,000 | 2.00% | 1.80% | ||
| 5/1/23 | $320,000 | 2.00% | 1.95% | ||
| 5/1/24 | $330,000 | 2.25% | 2.05% | ||
| 5/1/25 | $335,000 | 2.50% | 2.15% | ||
| 5/1/26 | $345,000 | 3.00% | 2.25% |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Robert W. Baird, TIC 2.0164%
Raymond James, TIC 2.1904%
Hutchinson Shockey, TIC 2.2053%
J.J.B. Hilliard, TIC 2.2198%
MINNESOTA
Waseca Independent School District No. 829
Dec 10, 2015 . . . . . . $28,070,000
General Obligation School Building Bonds, Series 2015A (MN SD Credit Enhancement Program) (book entry).
Dated Dec 30, 2015.
Due Feb 1, 2017 to 2037.
Callable Feb 1, 2026 at par.
Winning bid: Piper Jaffray, at 106.8731, TIC 2.8638%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $110,000 | 3.00% | 0.60% | ||
| 2/1/18 | $225,000 | 3.00% | 0.90% | ||
| 2/1/19 | $245,000 | 3.00% | 1.05% | ||
| 2/1/20 | $265,000 | 3.00% | 1.25% | ||
| 2/1/21 | $275,000 | 3.00% | 1.44% | ||
| 2/1/22 | $1,470,000 | 4.00% | 1.63% | ||
| 2/1/23 | $1,575,000 | 4.00% | 1.80% | ||
| 2/1/24 | $1,640,000 | 4.00% | 1.95% | ||
| 2/1/25 | $1,705,000 | 4.00% | 2.08% | ||
| 2/1/26 | $1,770,000 | 4.00% | 2.22% | ||
| 2/1/27 | $1,845,000 | 4.00% | 2.40% | ||
| 2/1/28 | $1,915,000 | 4.00% | 2.55% | ||
| 2/1/29 | $1,995,000 | 4.00% | 2.72% | ||
| 2/1/30 | $2,070,000 | 4.00% | 2.82% | ||
| 2/1/31 | $2,155,000 | 3.00% | 3.04% | ||
| 2/1/32 | $1,390,000 | 3.00% | 3.09% | ||
| 2/1/33 | $1,395,000 | 3.00% | 3.13% | ||
| 2/1/34 | $1,440,000 | 3.00% | 3.18% | ||
| 2/1/35 | $1,480,000 | 3.125% | 3.23% | ||
| 2/1/36 | $1,530,000 | 3.125% | 3.28% | ||
| 2/1/37 | $1,575,000 | 3.25% | 3.33% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Robert W. Baird, TIC 2.8967%
BA Merrill Lynch, TIC 2.9198%
Wells Fargo Secs, TIC 2.9234%
Raymond James, TIC 2.9266%
Hutchinson Shockey, TIC 2.9828%
Citigroup, TIC 2.9998%
MISSOURI
St. Charles County Ambulance District
Dec 10, 2015 . . . . . . $1,520,000
General Obligation Refunding Bonds, Series 2015 (bank qualified) (book entry).
Dated Dec 21, 2015.
Due Sep 1, 2016 to Mar 1, 2017.
Non-callable.
Winning bid: Commerce Bank, at 101.1049, TIC 0.8276%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $750,000 | 2.00% | 0.40% | ||
| 3/1/17 | $770,000 | 2.00% | 0.60% |
L.O.: Gilmore & Bell, St. Louis, MO.
F.A.: WM Financial Strategies, St. Louis, MO.
Other bidders were:
UMB Bank, TIC 0.8486%
SunTrust Robinson, TIC 0.9304%
Country Club Bank, TIC 0.9463%
FTN Fin Cap Mkts, TIC 0.9544%
NEW JERSEY
Bergen County
Dec 10, 2015 . . . . . . $116,600,000
Tax-Exempt Bond Anticipation Note (book entry).
Dated Dec 16, 2015.
Due Dec 15, 2016.
Purchased $116,600,000.00 by Morgan Stanley, at 2.0%, plus $1,711,688.00, effective rate 0.5279%.
L.O.: Waters, McPherson, McNeill, P.C., Secaucus, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
JPMorgan, Effective Rate 0.5289%
Jefferies, Effective Rate 0.5891%
BA Merrill Lynch, Effective Rate 0.6098%
TD Securities, Effective Rate 0.6901%
Citigroup, Effective Rate 0.6904%
Bound Brook Borough
Dec 10, 2015 . . . . . . $4,700,000
Bond Anticipation Note (bank qualified).
Dated Dec 18, 2015.
Due Apr 22, 2016.
Purchased $4,700,000.00 by Jefferies, at 1.5%, plus $2,728.00, effective rate 1.331%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.3319%
Hudson County
Dec 10, 2015 . . . . . . $84,976,156
General Obligation Bond Anticipation Notes, Series 2015 (book entry).
Dated Dec 18, 2015.
Due Dec 17, 2016.
Purchased $84,976,156.00 by TD Securities, at 2.0%, plus $1,160,944.24, effective rate 0.63%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
Jefferies, Effective Rate 0.6342%
JPMorgan, Effective Rate 0.7194%
PNC Capital Markets, Effective Rate 0.7495%
Oppenheimer, Effective Rate 1.0608%
Maple Shade Township
Dec 10, 2015 . . . . . . $3,549,000
$3,267,000 Water and Sewer Utility Bond Anticipation Note and $282,000 Special Emergency Note (bank qualified).
Dated Dec 17, 2015.
Due Sep 9, 2016.
Purchased $3,549,000.00 by Columbia Bank, at 1.05%, effective rate 1.05%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.3335%
The Board of Education of Willingboro Township
Dec 10, 2015 . . . . . . $7,600,000
Grant Anticipation Notes.
Dated Dec 22, 2015.
Due Dec 22, 2016.
Purchased $7,600,000.00 by Jefferies, at 2.0%, plus $58,598.00, effective rate 1.229%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.435%
Woolwich Township
Dec 10, 2015 . . . . . . $878,750
Bond Anticipation Notes (bank qualified).
Dated Dec 17, 2015.
Due Oct 13, 2016.
Purchased $878,750.00 by CBNJ Invt Corp, at 0.826%, effective rate 0.826%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 1.1%
TBGC Investment Corp, Effective Rate 1.15%
Roosevelt & Cross, Effective Rate 1.2528%
Oppenheimer, Effective Rate 1.5132%
NEW YORK
Brookhaven (Town)
Dec 10, 2015 . . . . . . $38,820,850
General Obligation Serial Bonds-2015 Series B (book entry).
Dated Dec 22, 2015.
Due Apr 15, 2017 to 2027.
Callable Apr 15, 2023 at par.
Winning bid: Mesirow Financial, at 112.1266, TIC 1.9956%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/15/17 | $2,865,850 | 4.00% | 0.57% | ||
| 4/15/18 | $2,985,000 | 4.00% | 0.82% | ||
| 4/15/19 | $3,105,000 | 4.00% | 1.00% | ||
| 4/15/20 | $3,230,000 | 4.00% | 1.15% | ||
| 4/15/21 | $3,365,000 | 4.00% | 1.34% | ||
| 4/15/22 | $3,500,000 | 4.00% | 1.53% | ||
| 4/15/23 | $3,645,000 | 4.00% | 1.69% | ||
| 4/15/24 | $3,795,000 | 4.00% | 1.79% | ||
| 4/15/25 | $3,945,000 | 4.00% | 1.90% | ||
| 4/15/26 | $4,110,000 | 4.00% | 2.00% | ||
| 4/15/27 | $4,275,000 | 4.00% | 2.05% |
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Citigroup, TIC 2.0054%
Hutchinson Shockey, TIC 2.0643%
BA Merrill Lynch, TIC 2.0771%
JPMorgan, TIC 2.089%
Jefferies, TIC 2.0915%
Wells Fargo Secs, TIC 2.1175%
Robert W. Baird, TIC 2.1216%
PNC Capital Markets, TIC 2.1375%
Janney Montgomery, TIC 2.1483%
Island Park Village
Dec 10, 2015 . . . . . . $1,500,000
Bond Anticipation Notes, 2015 (Renewals) (bank qualified).
Dated Dec 22, 2015.
Due Dec 22, 2016.
Purchased $1,500,000.00 by Jefferies, at 2.0%, plus $12,047.00, effective rate 1.1969%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.2017%
Oppenheimer, Effective Rate 1.3683%
LaGrange (Town)
Dec 10, 2015 . . . . . . $2,963,503
Bond Anticipation Notes, 2015 (Renewals) Series C (bank qualified).
Dated Dec 22, 2015.
Due Dec 15, 2016.
Purchased $2,963,500.00 by TD Bank, N.A., at 0.94%, effective rate 0.94%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Jefferies, Effective Rate 0.9419%
Oppenheimer, Effective Rate 1.1393%
Marcellus Village
Dec 10, 2015 . . . . . . $475,675
Public Improvement Serial Bonds, 2015 (bank qualified).
Dated Dec 29, 2015.
Due Dec 15, 2016 to 2036.
Callable Dec 15, 2022 at par.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.5995%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/16 | $15,675 | 3.50% | 0.75% | ||
| 12/15/17 | $15,000 | 3.50% | 1.25% | ||
| 12/15/18 | $15,000 | 3.50% | 1.50% | ||
| 12/15/19 | $20,000 | 3.50% | 1.75% | ||
| 12/15/20 | $20,000 | 3.50% | 2.00% | ||
| 12/15/21 | $20,000 | 3.50% | 2.20% | ||
| 12/15/22 | $20,000 | 3.50% | 2.40% | ||
| 12/15/23 | $20,000 | 3.50% | 2.60% | ||
| 12/15/24 | $20,000 | 3.50% | 2.80% | ||
| 12/15/25 | $20,000 | 3.50% | 3.00% | ||
| 12/15/26 | $20,000 | 3.50% | 3.10% | ||
| 12/15/27 | $20,000 | 3.50% | 3.20% | ||
| 12/15/28 | $20,000 | 3.50% | 3.30% | ||
| 12/15/29 | $20,000 | 3.50% | 3.40% | ||
| 12/15/30 | $30,000 | 3.50% | 3.50% | ||
| 12/15/31 | $30,000 | 3.50% | 3.55% | ||
| 12/15/32 | $30,000 | 3.625% | 3.60% | ||
| 12/15/33 | $30,000 | 3.625% | 3.625% | ||
| 12/15/34 | $30,000 | 3.75% | 3.65% | ||
| 12/15/35 | $30,000 | 3.75% | 3.70% | ||
| 12/15/36 | $30,000 | 3.75% | 3.75% |
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Sage Rutty, NIC 3.7878%
NORTH DAKOTA
North Border Public School District Building Authority
Dec 10, 2015 . . . . . . $3,970,000
Lease Revenue Bonds, Series 2015 (bank qualified) (book entry).
Dated Dec 22, 2015.
Due Aug 1, 2016 to 2035.
Callable Aug 1, 2023 at par.
Winning bid: Northland Securities, at 98.8000, TIC 3.241%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/16 | $95,000 | 2.00% | 0.50% | ||
| 8/1/17 | $160,000 | 2.00% | 1.00% | ||
| 8/1/18 | $165,000 | 2.00% | 1.25% | ||
| 8/1/19 | $170,000 | 2.00% | 1.50% | ||
| 8/1/20 | $170,000 | 2.00% | 1.75% | ||
| 8/1/21 | $175,000 | 2.00% | 2.00% | ||
| 8/1/22 | $180,000 | 2.20% | 2.20% | ||
| 8/1/23 | $185,000 | 2.40% | 2.40% | ||
| 8/1/25 | $380,000 | 3.00% | 2.60% | ||
| 8/1/27 | $405,000 | 3.00% | 2.80% | ||
| 8/1/29 | $425,000 | 3.00% | 3.00% | ||
| 8/1/31 | $455,000 | 3.20% | 3.20% | ||
| 8/1/33 | $485,000 | 3.40% | 3.40% | ||
| 8/1/35 | $520,000 | 3.60% | 3.60% |
Other managers: Dougherty & Company LLC.
L.O.: Arntson Stewart Wegner PC, Fargo, ND.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Hutchinson Shockey, TIC 3.5656%
TEXAS
Montgomery County Municipal Utility District No. 88
Dec 10, 2015 . . . . . . $5,170,000
Unlimited Tax Bonds, Series 2016 (bank qualified) (book entry).
Dated Jan 1, 2016.
Due Sep 1, 2016 to 2039.
Callable Sep 1, 2023 at par.
Winning bid: SAMCO Cap Mkts, at 97.0974, NIC 3.4682%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $130,000 | 4.00% | 0.70% | AGM | |
| 9/1/17 | $135,000 | 4.00% | 1.10% | AGM | |
| 9/1/18 | $145,000 | 4.00% | 1.25% | AGM | |
| 9/1/19 | $150,000 | 4.00% | 1.50% | AGM | |
| 9/1/20 | $155,000 | 4.00% | 1.65% | AGM | |
| 9/1/21 | $160,000 | 4.00% | 1.85% | AGM | |
| 9/1/22 | $165,000 | 2.00% | 2.10% | AGM | |
| 9/1/23 | $175,000 | 2.125% | 2.35% | AGM | |
| 9/1/24 | $180,000 | 2.25% | 2.50% | AGM | |
| 9/1/25 | $190,000 | 2.50% | 2.60% | AGM | |
| 9/1/26 | $195,000 | 2.50% | 2.75% | AGM | |
| 9/1/27 | $205,000 | 3.00% | 3.00% | AGM | |
| 9/1/28 | $210,000 | 3.00% | 3.10% | AGM | |
| 9/1/29 | $220,000 | 3.00% | 3.20% | AGM | |
| 9/1/30 | $230,000 | 3.00% | 3.25% | AGM | |
| 9/1/31 | $240,000 | 3.125% | 3.35% | AGM | |
| 9/1/32 | $250,000 | 3.25% | 3.40% | AGM | |
| 9/1/33 | $255,000 | 3.25% | 3.45% | AGM | |
| 9/1/34 | $270,000 | 3.25% | 3.50% | AGM | |
| 9/1/35 | $280,000 | 3.375% | 3.55% | AGM | |
| 9/1/36 | $290,000 | 3.50% | 3.60% | AGM | |
| 9/1/37 | $300,000 | 3.50% | 3.65% | AGM | |
| 9/1/39 | $640,000 | 3.625% | 3.75% | AGM |
Other managers: Crews & Associates, Inc., BLNS Securities Limited, Coastal Securities Corp., WNJ Capital, M. E. Allison & Co., Inc., Ross, Sinclaire & Associates LLC, Intercoastal Capital Markets, Inc..
L.O.: The Law Firm of Jonathan A. Roach, PLLC, Houston, TX; Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 3.4883%
Hutchinson Shockey, NIC 3.5173%
FMSbonds, NIC 3.6409%
Morgan Stanley, NIC 3.7111%
BOSC, NIC 3.7233%
Sheldon Independent School District
Dec 10, 2015 . . . . . . $40,960,000
Unlimited Tax School Building and Refunding Bonds, Series 2016 (book entry).
Dated Jan 1, 2016.
Due Feb 15, 2016 to 2040.
Callable Feb 15, 2025 at par.
Winning bid: Citigroup, at 106.0452, TIC 2.8699%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/16 | $875,000 | 5.00% | 0.25% | PSF | |
| 2/15/17 | $1,690,000 | 5.00% | 0.57% | PSF | |
| 2/15/18 | $1,795,000 | 5.00% | 0.86% | PSF | |
| 2/15/19 | $1,870,000 | 5.00% | 1.04% | PSF | |
| 2/15/20 | $1,985,000 | 5.00% | 1.21% | PSF | |
| 2/15/21 | $1,350,000 | 5.00% | 1.39% | PSF | |
| 2/15/22 | $1,410,000 | 5.00% | 1.57% | PSF | |
| 2/15/23 | $1,490,000 | 5.00% | 1.74% | PSF | |
| 2/15/24 | $1,565,000 | 5.00% | 1.89% | PSF | |
| 2/15/25 | $1,645,000 | 5.00% | 2.00% | PSF | |
| 2/15/26 | $1,710,000 | 3.00% | 2.29% | PSF | |
| 2/15/27 | $1,760,000 | 3.00% | 2.47% | PSF | |
| 2/15/28 | $1,820,000 | 4.00% | 2.52% | PSF | |
| 2/15/29 | $1,900,000 | 4.00% | 2.69% | PSF | |
| 2/15/30 | $1,965,000 | 3.00% | 3.00% | PSF | |
| 2/15/31 | $2,020,000 | 3.00% | 3.05% | PSF | |
| 2/15/32 | $2,085,000 | 3.00% | 3.10% | PSF | |
| 2/15/33 | $2,150,000 | 3.00% | 3.15% | PSF | |
| 2/15/34 | $2,220,000 | 3.125% | 3.20% | PSF | |
| 2/15/35 | $2,290,000 | 3.125% | 3.25% | PSF | |
| 2/15/36 | $2,360,000 | 3.125% | 3.30% | PSF | |
| 2/15/37 | $2,440,000 | 3.25% | 3.35% | PSF | |
| 2/15/38 | $180,000 | 3.25% | 3.39% | PSF | |
| 2/15/39 | $190,000 | 3.25% | 3.41% | PSF | |
| 2/15/40 | $195,000 | 3.25% | 3.43% | PSF |
Other managers: J.P. Morgan Securities LLC, FirstSouthwest, UBS Financial Services, Inc., Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., LLC, R. Seelaus & Co., Inc., Estrada Hinojosa & Company, Inc., KeyBanc Capital Markets, Intercoastal Capital Markets, Inc., BLNS Securities Limited, Protective Securities A Division of ProEquities, HilltopSecurities Holdings LLC.
L.O.: Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX; and USCA Municipal Advisors, LLC, Houston, TX.
Other bidders were:
Morgan Stanley, TIC 2.8886%
BA Merrill Lynch, TIC 2.899%
Wells Fargo Secs, TIC 2.915%
Robert W. Baird, TIC 2.9456%
Hutchinson Shockey, TIC 2.9879%
SAMCO Cap Mkts, TIC 3.0095%
TAXABLE ISSUES
NEW JERSEY
Bergen County
Dec 10, 2015 . . . . . . $6,400,000
Taxable Bond Anticipation Note (book entry).
Dated Dec 16, 2015.
Due Dec 15, 2016.
Purchased $6,400,000.00 by Piper Jaffray, at 3.0%, plus $126,464.00, effective rate 1.0185%.
L.O.: Waters, McPherson, McNeill, P.C., Secaucus, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
Jefferies, Effective Rate 1.0778%
TD Securities, Effective Rate 1.125%
Oppenheimer, Effective Rate 1.2313%
NEW YORK
Brookhaven (Town)
Dec 10, 2015 . . . . . . $5,000,000
Taxable General Obligation Serial Bonds- 2015 Series C (book entry).
Dated Dec 22, 2015.
Due Apr 15, 2017 to 2025.
Callable Apr 15, 2023 at par.
Winning bid: BOSC, at 100.6460, TIC 2.476%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/15/17 | $500,000 | 2.50% | 1.15% | ||
| 4/15/18 | $510,000 | 2.50% | 1.40% | ||
| 4/15/19 | $525,000 | 2.50% | 1.70% | ||
| 4/15/20 | $540,000 | 2.50% | 1.95% | ||
| 4/15/21 | $555,000 | 2.50% | 2.15% | ||
| 4/15/22 | $570,000 | 2.50% | 2.35% | ||
| 4/15/23 | $585,000 | 2.55% | 2.55% | ||
| 4/15/24 | $600,000 | 2.70% | 2.70% | ||
| 4/15/25 | $615,000 | 2.80% | 2.80% |
Other managers: SunTrust Robinson Humphrey.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Robert W. Baird, TIC 2.4851%
Piper Jaffray, TIC 2.5502%
Wells Fargo Secs, TIC 2.587%
Raymond James, TIC 2.6107%
Roosevelt & Cross, TIC 2.7159%
Janney Montgomery, TIC 2.8189%
East Hampton Housing Authority
Dec 10, 2015 . . . . . . $250,000
Bond Anticipation Notes-2015 (Federally Taxable).
Dated Dec 17, 2015.
Due Mar 17, 2016.
Purchased $250,000.00 by Oppenheimer, at 4.75%, plus $50.00, effective rate 4.67%.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Haverstraw Village
Dec 10, 2015 . . . . . . $6,100,000
Bond Anticipation Renewal Notes, 2015 (Federally Taxable).
Dated Dec 21, 2015.
Due Dec 20, 2016.
Purchased $6,100,000.00 by Oppenheimer, at 1.625%, plus $2,684.00, effective rate 1.5809%.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Jefferies, Effective Rate 1.623%
Roosevelt & Cross, Effective Rate 2.0%
