KENTUCKY
Corbin Independent School District Finance Corporation
Dec 16, 2015 . . . . . . $28,350,000
School Building Revenue Bonds, Series of 2016 (Kentucky School District Credit Enhancement Program) (book entry).
Dated Dec 1, 2015.
Due Feb 1, 2017 to 2036.
Callable Feb 1, 2026 at par.
Winning bid: Robert W. Baird, at 98.1668, NIC 3.1901%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $755,000 | 2.00% | 0.80% | ||
| 2/1/18 | $825,000 | 2.00% | 1.00% | ||
| 2/1/19 | $910,000 | 2.00% | 1.25% | ||
| 2/1/20 | $930,000 | 2.00% | 1.40% | ||
| 2/1/21 | $955,000 | 2.00% | 1.65% | ||
| 2/1/22 | $975,000 | 2.00% | 1.80% | ||
| 2/1/23 | $985,000 | 2.00% | 2.00% | ||
| 2/1/24 | $1,005,000 | 3.00% | 2.25% | ||
| 2/1/25 | $1,045,000 | 3.00% | 2.40% | ||
| 2/1/26 | $1,080,000 | 3.00% | 2.60% | ||
| 2/1/28 | $2,240,000 | 3.00% | 3.00% | ||
| 2/1/29 | $1,180,000 | 3.00% | 3.05% | ||
| 2/1/30 | $1,220,000 | 3.00% | 3.10% | ||
| 2/1/31 | $2,190,000 | 3.00% | 3.15% | ||
| 2/1/32 | $2,255,000 | 3.125% | 3.20% | ||
| 2/1/33 | $2,330,000 | 3.125% | 3.25% | ||
| 2/1/34 | $2,400,000 | 3.25% | 3.30% | ||
| 2/1/35 | $2,480,000 | 3.25% | 3.35% | ||
| 2/1/36 | $2,590,000 | 3.25% | 3.40% |
Other managers: Duncan-Williams, Inc., CL King & Associates, Edward Jones, Crews & Associates, Inc., WNJ Capital, Davenport & Company LLC, PNC Capital Markets, FTN Financial Capital Markets, Isaak Bond Investments, Inc., Oppenheimer & Co., Inc., First Kentucky Securities Corp., SumRidge Partners, LLC, Wayne Hummer & Co., IFS Securities, Sierra Pacific Securities, Alamo Capital, Wedbush Securities Inc., HilltopSecurities Holdings LLC, Bank of New York Mellon Capital Markets, LLC, First Empire Securities, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, Stifel, Nicolaus & Co., Inc., Northland Securities, Inc., R. Seelaus & Co., Inc., Loop Capital Markets, LLC, J.J.B. Hilliard, W.L. Lyons, Inc..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
BA Merrill Lynch, NIC 3.2295%
Wells Fargo Secs, NIC 3.319%
Jefferies, NIC 3.4355%
Hutchinson Shockey, NIC 3.5622%
NEW JERSEY
Milltown Borough
Dec 16, 2015 . . . . . . $1,670,000
Bond Anticipation Notes, Series 2015A (bank qualified).
Dated Dec 23, 2015.
Due Dec 22, 2016.
Purchased $1,670,000.00 by PNC Bank, at 0.85%, effective rate 0.85%.
L.O.: Dilworth Paxson, Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Amboy Natl Bk, Effective Rate 1.0%
Roosevelt & Cross, Effective Rate 1.2401%
Oppenheimer, Effective Rate 1.3484%
Jefferies, Effective Rate 1.399%
Pittsgrove Township
Dec 16, 2015 . . . . . . $10,000
Special Emergency Notes (bank qualified).
Dated Dec 23, 2015.
Due Dec 22, 2016.
Purchased $10,000.00 by First Elmer Inv Corp, at 1.64%, effective rate 1.64%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TBGC Investment Corp, Effective Rate 2.25%
Spotswood Borough
Dec 15, 2015 . . . . . . $2,862,000
Bond Anticipation Notes, Series 2015A (bank qualified).
Dated Dec 21, 2015.
Due Dec 20, 2016.
Purchased $2,862,000.00 by PNC Bank, at 0.88%, effective rate 0.88%.
L.O.: Dilworth Paxson, Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.9%
Jefferies, Effective Rate 1.038%
TD Securities, Effective Rate 1.0424%
Oppenheimer, Effective Rate 1.2408%
West Orange Township
Dec 16, 2015 . . . . . . $1,500,000
Emergency Notes (bank qualified).
Dated Dec 23, 2015.
Due May 6, 2016.
Purchased $1,500,000.00 by Jefferies, at 1.25%, plus $556.00, effective rate 1.1489%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.3127%
Oppenheimer, Effective Rate 1.6627%
NEW YORK
Mechanicville (City)
Dec 16, 2015 . . . . . . $2,584,881
Bond Anticipation Notes, 2015 (Renewal) (bank qualified).
Dated Dec 30, 2015.
Due Dec 30, 2016.
Purchased $2,584,880.00 by Jefferies, at 2.0%, plus $5,610.00, effective rate 1.783%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.795%
New Windsor (Town)
Dec 16, 2015 . . . . . . $1,960,000
Bond Anticipation Notes - 2015 Series B (Tax-Exempt) (bank qualified).
Dated Dec 30, 2015.
Due Dec 30, 2016.
Purchased $1,960,000.00 by Pioneer Comm Bk, at 0.84%, effective rate 0.84%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
TD Bank, N.A., Effective Rate 1.03%
JPMorgan Chase, Effective Rate 1.11%
Roosevelt & Cross, Effective Rate 1.1966%
Oppenheimer, Effective Rate 1.3061%
Jefferies, Effective Rate 1.3489%
M & T Bank, Effective Rate 1.47%
Watkins Glen Village
Dec 16, 2015 . . . . . . $147,000
Bond Anticipation Notes, 2015A (bank qualified).
Dated Dec 30, 2015.
Due Dec 28, 2016.
Purchased $147,000.00 by Bank of Greene Co, at 1.66%, effective rate 1.66%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 2.61%
SOUTH CAROLINA
Columbia (City)
Dec 16, 2015 . . . . . . $6,260,000
General Obligation Refunding Bonds, Series 2015 (bank qualified) (book entry).
Dated Dec 30, 2015.
Due Jun 1, 2016 to 2027.
Non-callable.
Winning bid: PNC Capital Markets, at 109.8111, TIC 1.7297%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $25,000 | 2.00% | 0.50% | ||
| 6/1/17 | $15,000 | 2.00% | 0.75% | ||
| 6/1/18 | $535,000 | 2.00% | 0.95% | ||
| 6/1/19 | $555,000 | 2.00% | 1.10% | ||
| 6/1/20 | $565,000 | 3.00% | 1.20% | ||
| 6/1/21 | $585,000 | 3.00% | 1.35% | ||
| 6/1/22 | $605,000 | 3.00% | 1.50% | ||
| 6/1/23 | $625,000 | 3.00% | 1.60% | ||
| 6/1/24 | $645,000 | 3.00% | 1.70% | ||
| 6/1/25 | $675,000 | 3.00% | 1.80% | ||
| 6/1/26 | $700,000 | 4.00% | 1.90% | ||
| 6/1/27 | $730,000 | 4.00% | 2.00% |
L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Columbia, SC; and Johnson, Toal & Battiste, P.A., Columbia, SC.
F.A.: Stifel, Nicolaus & Co., Inc., Columbia, SC.
Other bidders were:
Morgan Stanley, TIC 1.7897%
KeyBanc Cap Mkts, TIC 1.8147%
Wells Fargo Secs, TIC 1.8272%
Piper Jaffray, TIC 1.8283%
Robert W. Baird, TIC 1.8334%
Fifth Third Secs, TIC 1.8423%
FTN Fin Cap Mkts, TIC 1.8799%
Hutchinson Shockey, TIC 1.8909%
SunTrust Robinson, TIC 1.933%
Fidelity Capital, TIC 1.9534%
TEXAS
Travis County Municipal Utility District No. 13
Dec 16, 2015 . . . . . . $3,275,000
Unlimited Tax Bonds, Series 2016 (bank qualified) (book entry).
Dated Dec 15, 2015.
Due Aug 15, 2018 to 2041.
Callable Aug 15, 2023 at par.
Winning bid: George K. Baum, at 97.0000, NIC 4.0221%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/18 | $75,000 | 3.00% | 1.70% | ||
| 8/15/19 | $80,000 | 3.00% | 2.00% | ||
| 8/15/20 | $85,000 | 3.00% | 2.20% | ||
| 8/15/21 | $90,000 | 3.00% | 2.45% | ||
| 8/15/22 | $90,000 | 3.00% | 2.70% | ||
| 8/15/23 | $95,000 | 3.00% | 2.95% | ||
| 8/15/24 | $100,000 | 3.00% | 3.15% | ||
| 8/15/25 | $105,000 | 3.25% | 3.35% | ||
| 8/15/27 | $225,000 | 3.50% | 3.60% | ||
| 8/15/29 | $245,000 | 3.75% | 3.80% | ||
| 8/15/31 | $275,000 | 3.75% | 3.90% | ||
| 8/15/33 | $300,000 | 3.75% | 3.95% | ||
| 8/15/35 | $325,000 | 4.00% | 4.00% | ||
| 8/15/37 | $360,000 | 4.00% | 4.05% | ||
| 8/15/39 | $395,000 | 4.00% | 4.10% | ||
| 8/15/41 | $430,000 | 4.00% | 4.15% |
In association with: RBC Capital Markets.
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
GMS Group, NIC 4.0771%
Morgan Stanley, NIC 4.0773%
FirstSouthwest, NIC 4.0865%
FMSbonds, NIC 4.2513%
WISCONSIN
Winneconne Village
Dec 15, 2015 . . . . . . $2,165,000
General Obligation Refunding Bonds, Series 2016A (bank qualified) (book entry).
Dated Jan 7, 2016.
Due Apr 1, 2016 to 2026.
Callable Apr 1, 2022 at par.
Winning bid: Bankers' Bank, at n/a, TIC 1.8993%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/16 | $200,000 | 0.70% | 0.70% | ||
| 4/1/17 | $190,000 | 0.90% | 0.90% | ||
| 4/1/18 | $215,000 | 1.10% | 1.10% | ||
| 4/1/19 | $210,000 | 1.30% | 1.30% | ||
| 4/1/20 | $210,000 | 1.45% | 1.45% | ||
| 4/1/21 | $210,000 | 1.60% | 1.60% | ||
| 4/1/22 | $220,000 | 1.75% | 1.75% | ||
| 4/1/23 | $220,000 | 1.90% | 1.90% | ||
| 4/1/24 | $220,000 | 2.20% | 1.942% | ||
| 4/1/25 | $135,000 | 2.50% | 2.143% | ||
| 4/1/26 | $135,000 | 2.50% | 2.344% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Bernardi Securities, TIC 2.1401%
Northland Securities, TIC 2.1603%
D.A. Davidson, TIC 2.1703%
BOSC, TIC 2.2879%
Robert W. Baird, TIC 2.3593%
TAXABLE ISSUES
NEW YORK
New Windsor (Town)
Dec 16, 2015 . . . . . . $1,200,000
Bond Anticipation Notes - 2015 Series C (Federally Taxable).
Dated Dec 30, 2015.
Due Dec 30, 2016.
Purchased $1,200,000.00 by TD Bank, N.A., at 1.52%, effective rate 1.52%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.7%
Oppenheimer, Effective Rate 1.747%
