MICHIGAN
Kalamazoo Public Schools
Jan 7, 2016 . . . . . . $9,995,000
2016 School Building and Site Bonds, Series A (Unlimited Tax General Obligations) (book entry).
Dated Jan 21, 2016.
Due May 1, 2017 to 2035.
Callable May 1, 2026 at par.
Winning bid: Jefferies, at 99.0355, TIC 2.828%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $220,000 | 2.00% | 0.75% | ||
| 5/1/18 | $225,000 | 2.00% | 0.95% | ||
| 5/1/19 | $225,000 | 2.00% | 1.10% | ||
| 5/1/20 | $230,000 | 2.00% | 1.25% | ||
| 5/1/21 | $240,000 | 2.00% | 1.35% | ||
| 5/1/22 | $250,000 | 2.00% | 1.55% | ||
| 5/1/23 | $255,000 | 2.00% | 1.75% | ||
| 5/1/24 | $280,000 | 2.00% | 1.95% | ||
| 5/1/25 | $295,000 | 2.00% | 2.10% | ||
| 5/1/26 | $325,000 | 2.00% | 2.20% | ||
| 5/1/27 | $700,000 | 2.125% | 2.35% | ||
| 5/1/28 | $750,000 | 2.50% | 2.50% | ||
| 5/1/29 | $775,000 | 2.50% | 2.60% | ||
| 5/1/30 | $800,000 | 3.00% | 2.80% | ||
| 5/1/31 | $825,000 | 3.00% | 2.88% | ||
| 5/1/32 | $850,000 | 3.00% | 2.94% | ||
| 5/1/33 | $875,000 | 3.00% | 3.03% | ||
| 5/1/34 | $925,000 | 3.00% | 3.08% | ||
| 5/1/35 | $950,000 | 3.00% | 3.14% |
Other managers: Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., FTN Financial Capital Markets, Ramirez & Co., Inc., City Securities Corp..
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Fifth Third Secs, TIC 2.9%
BA Merrill Lynch, TIC 2.9053%
Robert W. Baird, TIC 2.921%
Piper Jaffray, TIC 2.9263%
William Blair, TIC 2.9743%
PNC Capital Markets, TIC 3.0811%
Hutchinson Shockey, TIC 3.2236%
NEW YORK
Somers Central School District
Jan 7, 2016 . . . . . . $15,275,000
School District Refunding (Serial) Bonds, 2016 (book entry).
Dated Jan 28, 2016.
Due Nov 15, 2017 to 2027.
Callable Nov 15, 2023 at par.
Winning bid: Janney Montgomery, at n/a, TIC 1.6501%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/17 | $1,105,000 | 5.00% | 0.75% | ||
| 11/15/18 | $1,160,000 | 5.00% | 0.86% | ||
| 11/15/19 | $1,225,000 | 5.00% | 0.98% | ||
| 11/15/20 | $1,290,000 | 5.00% | 1.08% | ||
| 11/15/21 | $1,340,000 | 2.00% | 1.17% | ||
| 11/15/22 | $1,395,000 | 5.00% | 1.33% | ||
| 11/15/23 | $1,465,000 | 5.00% | 1.46% | ||
| 11/15/24 | $1,525,000 | 2.00% | 1.65% | ||
| 11/15/25 | $1,555,000 | 2.00% | 1.90% | ||
| 11/15/26 | $1,590,000 | 2.00% | 2.00% | ||
| 11/15/27 | $1,625,000 | 2.00% | 2.15% |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
UBS Financial Svcs, TIC 1.72%
Raymond James, TIC 1.7484%
JPMorgan, TIC 1.7567%
PNC Capital Markets, TIC 1.7809%
Mesirow Financial, TIC 1.846%
SAMCO Cap Mkts, TIC 1.853%
Robert W. Baird, TIC 1.8842%
BA Merrill Lynch, TIC 1.9667%
OKLAHOMA
McClain County Independent School District No. 5 (Washington)
Jan 8, 2016 . . . . . . $700,000
Building Bonds of 2016 (bank qualified) (book entry).
Dated Feb 1, 2016.
Due Feb 1, 2018.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 0.989%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $700,000 | 1.00% | 0.82% |
In association with: First United Bank and Trust.
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
First Natl Bk & Tr, NIC 1.04%
First Bankers' Banc, NIC 1.04%
UMB Bank, NIC 1.185%
BOSC, NIC 1.2%
Sequoyah County Independent School District No. 5 (Roland)
Jan 8, 2016 . . . . . . $870,000
Building Bonds of 2016 (bank qualified) (book entry).
Dated Feb 1, 2016.
Due Feb 1, 2018 to 2020.
Non-callable.
Winning bid: BOSC, at n/a, NIC 1.3%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $210,000 | 1.30% | 1.00% | ||
| 2/1/19 | $330,000 | 1.30% | 1.125% | ||
| 2/1/20 | $330,000 | 1.30% | 1.25% |
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
UMB Bank, NIC 1.3495%
Baker Group, NIC 1.35%
F & M Bank, NIC 2.5797%
PENNSYLVANIA
Council Rock School District
Jan 7, 2016 . . . . . . $76,615,000
General Obligation Bonds, Series of 2016 (book entry). $16,615,000
Dated Feb 17, 2016.
Due Nov 15, 2017 to 2023.
Non-callable.
Winning bid: Wells Fargo Secs, at n/a, TIC 2.8965%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/17 | $5,000 | 2.00% | 0.93% | ||
| 11/15/18 | $5,000 | 2.00% | 1.09% | ||
| 11/15/19 | $3,300,000 | 5.00% | 1.16% | ||
| 11/15/20 | $3,475,000 | 5.00% | 1.28% | ||
| 11/15/21 | $3,635,000 | 4.00% | 1.40% | ||
| 11/15/22 | $4,460,000 | 4.00% | 1.55% | ||
| 11/15/23 | $1,735,000 | 4.00% | 1.72% |
General Obligation Bonds, Series A of 2016 (book entry). $60,000,000
Dated Feb 17, 2016.
Due Nov 15, 2017 to 2035.
Callable May 15, 2024 at par.
Winning bid: Wells Fargo Secs, at n/a, TIC 2.8965%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/17 | $5,000 | 2.00% | 0.93% | ||
| 11/15/18 | $5,000 | 2.00% | 1.09% | ||
| 11/15/19 | $5,000 | 2.00% | 1.21% | ||
| 11/15/20 | $5,000 | 2.00% | 1.36% | ||
| 11/15/21 | $5,000 | 2.00% | 1.50% | ||
| 11/15/22 | $5,000 | 2.00% | 1.68% | ||
| 11/15/23 | $5,000 | 2.00% | 1.85% | ||
| 11/15/24 | $2,840,000 | 3.00% | 1.90% | ||
| 11/15/25 | $2,920,000 | 3.00% | 2.10% | ||
| 11/15/26 | $3,010,000 | 3.00% | 2.31% | ||
| 11/15/27 | $3,105,000 | 3.00% | 2.60% | ||
| 11/15/28 | $2,670,000 | 3.00% | 2.80% | ||
| 11/15/29 | $5,915,000 | 3.00% | 2.95% | ||
| 11/15/30 | $6,100,000 | 3.00% | 3.00% | ||
| 11/15/31 | $6,280,000 | 3.00% | 3.04% | ||
| 11/15/32 | $6,475,000 | 3.00% | 3.077% | ||
| 11/15/33 | $6,670,000 | 3.00% | 3.088% | ||
| 11/15/34 | $6,880,000 | 3.125% | 3.196% | ||
| 11/15/35 | $7,100,000 | 3.25% | 3.25% |
L.O.: King, Spry, Herman, Freund & Faul, Bethlehem, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Janney Montgomery, TIC 2.9013%
BA Merrill Lynch, TIC 2.9143%
Robert W. Baird, TIC 2.9466%
Citigroup, TIC 2.9638%
Mesirow Financial, TIC 2.977%
Raymond James, TIC 2.9969%
JPMorgan, TIC 3.1786%
