MINNESOTA
Richfield Independent School District No. 280
Dec 21, 2015 . . . . . . $4,880,000
General Obligation Alternative Facilites Refunding Bonds, Series 2016A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Jan 13, 2016.
Due Feb 1, 2020 to 2025.
Non-callable.
Winning bid: Morgan Stanley, at 109.4273, TIC 1.5897%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/20 | $730,000 | 5.00% | 1.20% | ||
| 2/1/21 | $765,000 | 5.00% | 1.30% | ||
| 2/1/22 | $805,000 | 5.00% | 1.45% | ||
| 2/1/23 | $845,000 | 2.00% | 1.55% | ||
| 2/1/24 | $860,000 | 2.00% | 1.70% | ||
| 2/1/25 | $875,000 | 2.00% | 1.80% |
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Raymond James, TIC 1.6661%
United Banker's Bk, TIC 1.7037%
Robert W. Baird, TIC 1.7244%
Piper Jaffray, TIC 1.7588%
UMB Bank, TIC 1.7689%
BOSC, TIC 1.779%
Northland Securities, TIC 1.8367%
FTN Fin Cap Mkts, TIC 1.8646%
NEW JERSEY
Gloucester Township
Dec 21, 2015 . . . . . . $800,000
Refunding Bond Anticipation Notes of 2015 Series A (bank qualified).
Dated Dec 31, 2015.
Due Dec 15, 2016.
Purchased $800,000.00 by Passaic Vly Wtr Comm, at 1.0899%, effective rate 1.0899%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.275%
East Brunswick Twp, Effective Rate 1.299%
Oppenheimer, Effective Rate 1.7268%
Jefferies, Effective Rate 1.882%
TEXAS
Wood Trace Municipal Utility District No. 1
Dec 21, 2015 . . . . . . $3,670,000
Unlimited Tax Bonds, Series 2016 (bank qualified) (book entry).
Dated Jan 1, 2016.
Due Sep 1, 2016 to 2040.
Callable Sep 1, 2022 at par.
Winning bid: RBC Capital Mkts, at 97.5000, NIC 3.9772%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $105,000 | 2.00% | 1.00% | ||
| 9/1/17 | $80,000 | 2.00% | 1.40% | ||
| 9/1/18 | $80,000 | 2.00% | 1.70% | ||
| 9/1/19 | $85,000 | 2.00% | 2.00% | ||
| 9/1/20 | $90,000 | 2.00% | 2.20% | ||
| 9/1/21 | $95,000 | 3.00% | 2.40% | ||
| 9/1/22 | $100,000 | 3.00% | 2.60% | ||
| 9/1/23 | $105,000 | 3.00% | 2.80% | ||
| 9/1/24 | $110,000 | 3.00% | 3.00% | ||
| 9/1/25 | $115,000 | 3.00% | 3.20% | ||
| 9/1/26 | $125,000 | 3.25% | 3.40% | ||
| 9/1/27 | $130,000 | 3.50% | 3.60% | ||
| 9/1/28 | $135,000 | 3.625% | 3.70% | ||
| 9/1/29 | $145,000 | 3.75% | 3.80% | ||
| 9/1/30 | $150,000 | 3.75% | 3.85% | ||
| 9/1/31 | $160,000 | 3.75% | 3.90% | ||
| 9/1/34 | $530,000 | 4.00% | 4.00% | ||
| 9/1/36 | $400,000 | 4.00% | 4.05% | ||
| 9/1/40 | $930,000 | 4.00% | 4.10% |
L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, Houston, TX.
Other bidders were:
GMS Group, NIC 4.0261%
FMSbonds, NIC 4.0508%
Morgan Stanley, NIC 4.0694%
