ARKANSAS
Jessieville School District No. 1 of Garland County
Feb 9, 2016 . . . . . . $8,525,000
Refunding Bonds (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Jun 1, 2018 to 2039.
Callable Jun 1, 2018 at par.
Winning bid: FTN Fin Cap Mkts, at 98.5691, TIC 2.7867%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $205,000 | 1.10% | 1.10% | ASDE | |
| 6/1/19 | $275,000 | 1.20% | 1.20% | ASDE | |
| 6/1/20 | $285,000 | 1.35% | 1.35% | ASDE | |
| 6/1/21 | $285,000 | 1.45% | 1.45% | ASDE | |
| 6/1/22 | $290,000 | 1.55% | 1.55% | ASDE | |
| 6/1/23 | $290,000 | 1.70% | 1.70% | ASDE | |
| 6/1/24 | $310,000 | 1.85% | 1.85% | ASDE | |
| 6/1/25 | $315,000 | 1.95% | 1.95% | ASDE | |
| 6/1/26 | $315,000 | 2.00% | 2.00% | ASDE | |
| 6/1/27 | $325,000 | 2.20% | 2.20% | ASDE | |
| 6/1/28 | $335,000 | 2.30% | 2.30% | ASDE | |
| 6/1/29 | $340,000 | 2.375% | 2.375% | ASDE | |
| 6/1/30 | $345,000 | 2.45% | 2.45% | ASDE | |
| 6/1/31 | $455,000 | 2.50% | 2.50% | ASDE | |
| 6/1/32 | $470,000 | 2.55% | 2.55% | ASDE | |
| 6/1/33 | $480,000 | 2.60% | 2.60% | ASDE | |
| 6/1/35 | $1,005,000 | 3.00% | 3.00% | ASDE | |
| 6/1/36 | $525,000 | 3.00% | 3.05% | ASDE | |
| 6/1/37 | $540,000 | 3.00% | 3.10% | ASDE | |
| 6/1/39 | $1,135,000 | 3.20% | 3.25% | ASDE |
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: First Security Beardsley Public Finance, Little Rock, AR.
Other bidders were:
Ross Sinclaire, TIC 2.8047%
Raymond James, TIC 2.86%
SunTrust Robinson, TIC 2.892%
CONNECTICUT
Hartford County Metropolitan District
Feb 9, 2016 . . . . . . $33,025,000
General Obligation Bonds, Issue of 2016, Series A (book entry).
Dated Feb 18, 2016.
Due Feb 1, 2017 to 2036.
Callable Feb 1, 2025 at par.
Winning bid: Roosevelt & Cross, at 104.8897, TIC 2.3007%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $1,655,000 | 2.00% | 0.40% | ||
| 2/1/18 | $1,655,000 | 4.00% | 0.55% | ||
| 2/1/19 | $1,655,000 | 5.00% | 0.75% | ||
| 2/1/20 | $1,655,000 | 5.00% | 0.75% | ||
| 2/1/21 | $1,655,000 | 5.00% | 0.85% | ||
| 2/1/22 | $1,650,000 | 4.00% | 1.00% | ||
| 2/1/23 | $1,650,000 | 5.00% | 1.18% | ||
| 2/1/24 | $1,650,000 | 2.00% | 1.38% | ||
| 2/1/25 | $1,650,000 | 2.00% | 1.55% | ||
| 2/1/26 | $1,650,000 | 2.00% | 1.85% | ||
| 2/1/27 | $1,650,000 | 2.00% | 2.00% | ||
| 2/1/28 | $1,650,000 | 2.00% | 2.10% | ||
| 2/1/29 | $1,650,000 | 2.125% | 2.25% | ||
| 2/1/30 | $1,650,000 | 2.25% | 2.40% | ||
| 2/1/31 | $1,650,000 | 2.50% | 2.50% | ||
| 2/1/32 | $1,650,000 | 3.00% | 2.60% | ||
| 2/1/33 | $1,650,000 | 3.00% | 2.65% | ||
| 2/1/34 | $1,650,000 | 3.00% | 2.70% | ||
| 2/1/35 | $1,650,000 | 3.00% | 2.75% | ||
| 2/1/36 | $1,650,000 | 3.00% | 2.80% |
Other managers: Citigroup Global Markets, Inc., UBS Financial Services, Inc., Ramirez & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Edward Jones, Stifel, Nicolaus & Co., Inc., R. Seelaus & Co., Inc..
L.O.: Hinckley, Allen & Snyder, Hartford, CT; and Finn Dixon & Herling LLP, Stamford, CT.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Glastonbury, CT; FirstSouthwest, Glastonbury, CT; and First Southwest Company, Lincoln, RI.
Other bidders were:
Fidelity Capital, TIC 2.3658%
Janney Montgomery, TIC 2.3838%
JPMorgan, TIC 2.3997%
Piper Jaffray, TIC 2.409%
Robert W. Baird, TIC 2.4692%
RBC Capital Mkts, TIC 2.5153%
BA Merrill Lynch, TIC 2.5381%
ILLINOIS
Rockford Park District
Feb 9, 2016 . . . . . . $2,370,000
General Obligation Park Bonds (Alternate Revenue Source) Series 2016A (bank qualified) (book entry).
Dated Feb 24, 2016.
Due Dec 15, 2030 to 2034.
Callable Dec 15, 2025 at par.
Winning bid: BOSC, at n/a, TIC 3.2318%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/30 | $310,000 | 3.00% | 2.75% | ||
| 12/15/31 | $490,000 | 3.00% | 2.875% | ||
| 12/15/32 | $505,000 | 3.25% | 3.00% | ||
| 12/15/33 | $525,000 | 3.25% | 3.125% | ||
| 12/15/34 | $540,000 | 3.25% | 3.25% |
Other managers: Stifel, Nicolaus & Co., Inc., SunTrust Robinson Humphrey.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
J.J.B. Hilliard, TIC 3.3415%
Robert W. Baird, TIC 3.3591%
Raymond James, TIC 3.4007%
City Securities, TIC 3.6223%
Hutchinson Shockey, TIC 4.3148%
IOWA
West Des Moines Community School District
Feb 8, 2016 . . . . . . $23,665,000
General Obligation School Capital Loan Refunding Notes, Series 2016 (book entry).
Dated Mar 8, 2016.
Due May 1, 2017 to 2021.
Non-callable.
Winning bid: FTN Fin Cap Mkts, at 112.9312, TIC 0.859%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $4,145,000 | 5.00% | 0.47% | ||
| 5/1/18 | $4,530,000 | 5.00% | 0.68% | ||
| 5/1/19 | $4,755,000 | 5.00% | 0.78% | ||
| 5/1/20 | $4,990,000 | 5.00% | 0.86% | ||
| 5/1/21 | $5,245,000 | 5.00% | 0.97% |
Other managers: Morgan Stanley & Co., Inc., Jefferies LLC, Raymond James & Associates, Inc., Ramirez & Co., Inc..
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Public Financial Management, Inc., Des Moines, IA.
Other bidders were:
Piper Jaffray, TIC 0.8812%
Citigroup, TIC 0.8993%
BA Merrill Lynch, TIC 0.8996%
Robert W. Baird, TIC 0.9111%
Hutchinson Shockey, TIC 0.9248%
Janney Montgomery, TIC 0.9266%
Oppenheimer, TIC 0.9839%
KANSAS
Andover (City)
Feb 9, 2016 . . . . . . $9,640,000
General Obligation Refunding and Equipment Bonds Series A, 2016 (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Oct 1, 2016 to 2031.
Callable Oct 1, 2023 at par.
Winning bid: Raymond James, at 103.0122, TIC 1.6786%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/16 | $205,000 | 2.00% | 0.50% | ||
| 10/1/17 | $120,000 | 2.00% | 0.75% | ||
| 10/1/18 | $715,000 | 2.00% | 0.85% | ||
| 10/1/19 | $945,000 | 2.00% | 0.90% | ||
| 10/1/20 | $975,000 | 2.00% | 1.05% | ||
| 10/1/21 | $990,000 | 2.00% | 1.10% | ||
| 10/1/22 | $1,000,000 | 2.00% | 1.15% | ||
| 10/1/23 | $1,025,000 | 2.00% | 1.25% | ||
| 10/1/24 | $615,000 | 2.00% | 1.35% | ||
| 10/1/25 | $635,000 | 2.00% | 1.55% | ||
| 10/1/26 | $565,000 | 2.00% | 1.65% | ||
| 10/1/27 | $350,000 | 2.00% | 1.75% | ||
| 10/1/28 | $360,000 | 2.125% | 1.90% | ||
| 10/1/29 | $365,000 | 2.375% | 2.05% | ||
| 10/1/30 | $380,000 | 2.50% | 2.20% | ||
| 10/1/31 | $395,000 | 2.50% | 2.30% |
L.O.: Triplett, Woolf & Garretson, LLC, Wichita, KS.
F.A.: Piper Jaffray & Company, Leawood, KS.
Other bidders were:
Janney Montgomery, TIC 1.7256%
SunTrust Robinson, TIC 1.735%
Robert W. Baird, TIC 1.82%
FTN Fin Cap Mkts, TIC 1.8685%
KENTUCKY
Henderson (City)
Feb 9, 2016 . . . . . . $1,725,000
General Obligation Bonds, Series 2016A (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Mar 1, 2017 to 2036.
Callable Mar 1, 2025 at par.
Winning bid: Raymond James, at 100.6954, NIC 2.7646%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $75,000 | 1.00% | 0.90% | ||
| 3/1/18 | $75,000 | 1.00% | 1.00% | ||
| 3/1/19 | $75,000 | 1.25% | 1.15% | ||
| 3/1/20 | $75,000 | 1.25% | 1.25% | ||
| 3/1/21 | $75,000 | 1.50% | 1.35% | ||
| 3/1/23 | $155,000 | 2.00% | 1.45% | ||
| 3/1/25 | $160,000 | 2.00% | 1.65% | ||
| 3/1/29 | $340,000 | 2.50% | 2.30% | ||
| 3/1/33 | $380,000 | 3.00% | 2.70% | ||
| 3/1/36 | $315,000 | 3.50% | 3.15% |
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Stifel Nicolaus, NIC 2.8581%
Ross Sinclaire, NIC 2.8587%
City Securities, NIC 3.1429%
Henderson (City)
Feb 9, 2016 . . . . . . $8,015,000
General Obligation Refunding Bonds, Series 2016B (bank qualified) (book entry).
Dated Mar 1, 2016.
Due May 1, 2016 to Nov 1, 2030.
Callable May 1, 2025 at par.
Winning bid: Piper Jaffray, at 102.0968, NIC 1.8376%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/16 | $35,000 | 2.00% | 0.65% | ||
| 11/1/16 | $465,000 | 2.00% | 0.65% | ||
| 11/1/17 | $475,000 | 2.00% | 0.75% | ||
| 11/1/18 | $480,000 | 2.00% | 0.75% | ||
| 11/1/19 | $490,000 | 2.00% | 0.85% | ||
| 11/1/20 | $505,000 | 2.00% | 1.00% | ||
| 11/1/21 | $510,000 | 2.00% | 1.10% | ||
| 11/1/22 | $520,000 | 2.00% | 1.25% | ||
| 11/1/23 | $530,000 | 2.00% | 1.35% | ||
| 11/1/24 | $540,000 | 2.00% | 1.50% | ||
| 11/1/25 | $550,000 | 2.00% | 1.65% | ||
| 11/1/26 | $560,000 | 2.00% | 1.75% | ||
| 11/1/27 | $575,000 | 2.00% | 1.85% | ||
| 11/1/28 | $585,000 | 2.00% | 2.00% | ||
| 11/1/29 | $590,000 | 2.25% | 2.10% | ||
| 11/1/30 | $605,000 | 2.50% | 2.30% |
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Janney Montgomery, NIC 1.8835%
FTN Fin Cap Mkts, NIC 1.9677%
Raymond James, NIC 2.0736%
Ross Sinclaire, NIC 2.0789%
Stifel Nicolaus, NIC 2.1404%
Wells Fargo Secs, NIC 2.1728%
Meade County School District Finance Corporation
Feb 9, 2016 . . . . . . $11,825,000
School Building Refunding Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (book entry).
Dated Mar 2, 2016.
Due Sep 1, 2016 to 2026.
Non-callable.
Winning bid: Citigroup, at 116.1916, TIC 1.84%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $640,000 | 5.00% | 0.60% | ||
| 9/1/17 | $910,000 | 0.80% | 0.80% | ||
| 9/1/18 | $940,000 | 5.00% | 0.95% | ||
| 9/1/19 | $1,000,000 | 5.00% | 1.10% | ||
| 9/1/20 | $1,040,000 | 5.00% | 1.25% | ||
| 9/1/21 | $1,095,000 | 5.00% | 1.38% | ||
| 9/1/22 | $1,145,000 | 5.00% | 1.60% | ||
| 9/1/23 | $1,200,000 | 5.00% | 1.80% | ||
| 9/1/24 | $1,260,000 | 5.00% | 1.97% | ||
| 9/1/25 | $1,315,000 | 5.00% | 2.10% | ||
| 9/1/26 | $1,280,000 | 5.00% | 2.22% |
Other managers: J.P. Morgan Securities LLC.
In association with: Siebert, Brandford, Shank & Co., LLC. Ramirez & Co., Inc., Wiley Bros.-Aintree Capital LLC, Drexel Hamilton, LLC., Roosevelt & Cross, Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
Fidelity Capital, TIC 2.0095%
Robert W. Baird, TIC 2.0313%
J.J.B. Hilliard, TIC 2.0624%
Hutchinson Shockey, TIC 2.0852%
MARYLAND
Harford County
Feb 9, 2016 . . . . . . $40,000,000
General Obligation Consolidated Public Improvement Bonds, Series 2016 (book entry).
Dated Feb 23, 2016.
Due Sep 15, 2016 to 2035.
Callable Sep 15, 2025 at par.
Winning bid: Citigroup, at 109.2335, TIC 2.2926%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/15/16 | $1,725,000 | 5.00% | 0.28% | ||
| 9/15/17 | $1,790,000 | 5.00% | 0.45% | ||
| 9/15/18 | $1,810,000 | 5.00% | 0.55% | ||
| 9/15/19 | $1,830,000 | 5.00% | 0.65% | ||
| 9/15/20 | $1,855,000 | 5.00% | 0.79% | ||
| 9/15/21 | $1,880,000 | 5.00% | 0.89% | ||
| 9/15/22 | $1,910,000 | 5.00% | 1.07% | ||
| 9/15/23 | $1,940,000 | 5.00% | 1.26% | ||
| 9/15/24 | $1,965,000 | 5.00% | 1.43% | ||
| 9/15/25 | $2,000,000 | 2.00% | 1.65% | ||
| 9/15/26 | $2,025,000 | 2.00% | 1.80% | ||
| 9/15/27 | $2,045,000 | 2.00% | 1.95% | ||
| 9/15/28 | $2,065,000 | 2.00% | 2.183% | ||
| 9/15/29 | $2,090,000 | 3.00% | 2.33% | ||
| 9/15/30 | $2,110,000 | 3.00% | 2.49% | ||
| 9/15/31 | $2,135,000 | 3.00% | 2.58% | ||
| 9/15/32 | $2,165,000 | 3.25% | 2.67% | ||
| 9/15/33 | $2,190,000 | 3.25% | 2.72% | ||
| 9/15/34 | $2,220,000 | 3.50% | 2.77% | ||
| 9/15/35 | $2,250,000 | 3.50% | 2.82% |
Other managers: Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., LLC, Stifel, Nicolaus & Co., Inc., Hilltop Securities Inc., The Williams Capital Group, L.P., Rice Financial Products Company.
L.O.: Royston, Mueller, McLean & Reid, LLP, Towson, MD; and Miles & Stockbridge, Baltimore, MD.
F.A.: Public Advisory Consultants, Inc., Owings Mills, MD.
Other bidders were:
Piper Jaffray, TIC 2.3182%
Mesirow Financial, TIC 2.3235%
BA Merrill Lynch, TIC 2.3637%
JPMorgan, TIC 2.3725%
Robert W. Baird, TIC 2.3762%
Fidelity Capital, TIC 2.4369%
SunTrust Robinson, TIC 2.4725%
MICHIGAN
Belding Area Schools
Feb 9, 2016 . . . . . . $1,610,000
2016 Refunding Bonds (General Obligation- Unlimited Tax) (bank qualified).
Dated Mar 3, 2016.
Due May 1, 2017 to 2026.
Non-callable.
Winning bid: Robert W. Baird, at 101.6197, TIC 1.7193%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $185,000 | 2.00% | 0.75% | QSBLF | |
| 5/1/18 | $185,000 | 2.00% | 0.85% | QSBLF | |
| 5/1/19 | $180,000 | 2.00% | 1.00% | QSBLF | |
| 5/1/20 | $165,000 | 2.00% | 1.15% | QSBLF | |
| 5/1/21 | $155,000 | 2.00% | 1.30% | QSBLF | |
| 5/1/22 | $145,000 | 2.00% | 1.40% | QSBLF | |
| 5/1/23 | $155,000 | 2.00% | 1.60% | QSBLF | |
| 5/1/24 | $150,000 | 2.00% | 1.75% | QSBLF | |
| 5/1/25 | $145,000 | 2.00% | 1.90% | QSBLF | |
| 5/1/26 | $145,000 | 2.25% | 2.00% | QSBLF |
Other managers: CL King & Associates, Northland Securities, Inc., Vining-Sparks IBG, Limited Partnership, Ross, Sinclaire & Associates LLC, WNJ Capital, Edward Jones, SAMCO Capital Markets, SumRidge Partners, LLC, Crews & Associates, Inc., R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Alamo Capital, Sierra Pacific Securities, IFS Securities, Wayne Hummer & Co., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Loop Capital Markets, LLC.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
CFC Capital, TIC 1.7355%
Fifth Third Secs, TIC 1.786%
BOSC, TIC 1.8278%
J.J.B. Hilliard, TIC 1.8617%
City Securities, TIC 2.2896%
First Merit, TIC 2.5992%
Ellsworth Community School
Feb 9, 2016 . . . . . . $3,000,000
2016 School Building and Site Bonds (General Obligation-Unlimited Tax) (bank qualified) (book entry).
Dated Mar 2, 2016.
Due May 1, 2018 to 2040.
Callable May 1, 2026 at par.
Winning bid: Robert W. Baird, at 99.4966, TIC 2.9805%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $65,000 | 2.00% | 0.90% | QSBLF | |
| 5/1/19 | $65,000 | 2.00% | 1.05% | QSBLF | |
| 5/1/20 | $70,000 | 2.00% | 1.20% | QSBLF | |
| 5/1/21 | $75,000 | 2.00% | 1.35% | QSBLF | |
| 5/1/22 | $75,000 | 2.00% | 1.50% | QSBLF | |
| 5/1/23 | $105,000 | 2.00% | 1.60% | QSBLF | |
| 5/1/24 | $110,000 | 2.00% | 1.75% | QSBLF | |
| 5/1/25 | $115,000 | 2.00% | 1.90% | QSBLF | |
| 5/1/26 | $120,000 | 2.25% | 2.00% | QSBLF | |
| 5/1/27 | $125,000 | 2.50% | 2.15% | QSBLF | |
| 5/1/30 | $405,000 | 3.00% | 2.40% | QSBLF | |
| 5/1/31 | $145,000 | 3.00% | 2.70% | QSBLF | |
| 5/1/32 | $150,000 | 3.00% | 2.85% | QSBLF | |
| 5/1/33 | $155,000 | 3.00% | 3.00% | QSBLF | |
| 5/1/34 | $160,000 | 3.00% | 3.10% | QSBLF | |
| 5/1/35 | $165,000 | 3.00% | 3.15% | QSBLF | |
| 5/1/36 | $170,000 | 3.125% | 3.20% | QSBLF | |
| 5/1/37 | $175,000 | 3.125% | 3.25% | QSBLF | |
| 5/1/38 | $180,000 | 3.25% | 3.30% | QSBLF | |
| 5/1/39 | $185,000 | 3.25% | 3.34% | QSBLF | |
| 5/1/40 | $185,000 | 3.25% | 3.375% | QSBLF |
Other managers: CL King & Associates, Northland Securities, Inc., Vining-Sparks IBG, Limited Partnership, Ross, Sinclaire & Associates LLC, WNJ Capital, Edward Jones, SAMCO Capital Markets, Coastal Securities Corp., SumRidge Partners, LLC, Crews & Associates, Inc., Cronin & Co., Inc., R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Alamo Capital, Sierra Pacific Securities, IFS Securities, Wedbush Securities Inc., Wayne Hummer & Co., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Loop Capital Markets, LLC.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Raymond James, TIC 3.1104%
Fifth Third Secs, TIC 3.1311%
BOSC, TIC 3.1502%
City Securities, TIC 3.2998%
J.J.B. Hilliard, TIC 3.3339%
Gobles Public Schools
Feb 8, 2016 . . . . . . $4,290,000
2016 Refunding Bonds (General Obligation- Unlimited Tax) (Michigan School Bond Qualification & Loan) (bank qualified).
Dated Mar 4, 2016.
Due May 1, 2018 to 2028.
Callable May 1, 2026 at par.
Winning bid: Fifth Third Secs, at 103.9622, TIC 1.9283%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $370,000 | 2.00% | 0.85% | ||
| 5/1/19 | $370,000 | 2.00% | 0.98% | ||
| 5/1/20 | $375,000 | 2.00% | 1.10% | ||
| 5/1/21 | $385,000 | 2.00% | 1.25% | ||
| 5/1/22 | $400,000 | 2.00% | 1.50% | ||
| 5/1/23 | $410,000 | 2.00% | 1.65% | ||
| 5/1/24 | $405,000 | 2.00% | 1.80% | ||
| 5/1/25 | $400,000 | 3.00% | 1.95% | ||
| 5/1/26 | $395,000 | 3.00% | 2.05% | ||
| 5/1/27 | $385,000 | 3.00% | 2.15% | ||
| 5/1/28 | $395,000 | 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 1.9454%
J.J.B. Hilliard, TIC 1.9625%
CFC Capital, TIC 1.9698%
Stifel Nicolaus, TIC 2.0269%
Raymond James, TIC 2.0377%
MINNESOTA
Chanhassen (City)
Feb 8, 2016 . . . . . . $6,370,000
General Obligation Bonds, Series 2016A (bank qualified) (book entry).
Dated Mar 3, 2016.
Due Feb 1, 2017 to 2030.
Callable Feb 1, 2024 at par.
Winning bid: Stifel Nicolaus, at 105.1105, TIC 1.6613%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $140,000 | 3.00% | 0.50% | ||
| 2/1/18 | $140,000 | 3.00% | 0.65% | ||
| 2/1/19 | $475,000 | 3.00% | 0.75% | ||
| 2/1/20 | $495,000 | 3.00% | 0.85% | ||
| 2/1/21 | $515,000 | 3.00% | 1.00% | ||
| 2/1/22 | $530,000 | 3.00% | 1.10% | ||
| 2/1/23 | $550,000 | 3.00% | 1.25% | ||
| 2/1/24 | $560,000 | 3.00% | 1.45% | ||
| 2/1/25 | $580,000 | 2.00% | 1.60% | ||
| 2/1/26 | $595,000 | 2.00% | 1.70% | ||
| 2/1/27 | $430,000 | 2.00% | 1.80% | ||
| 2/1/28 | $440,000 | 2.00% | 1.90% | ||
| 2/1/29 | $455,000 | 2.00% | 2.00% | ||
| 2/1/30 | $465,000 | 2.00% | 2.10% |
L.O.: Briggs & Morgan, St. Paul, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 1.7135%
Robert W. Baird, TIC 1.724%
Fifth Third Secs, TIC 1.7268%
FTN Fin Cap Mkts, TIC 1.7777%
Wells Fargo Secs, TIC 1.8234%
Northland Securities, TIC 1.9785%
Minnesota Public Facilities Authority
Feb 9, 2016 . . . . . . $247,425,000
State Revolving Fund Revenue Bonds, Series 2016A (book entry).
Dated Mar 3, 2016.
Due Mar 1, 2017 to 2036.
Callable Mar 1, 2026 at par.
Winning bid: Morgan Stanley, at 123.0420, TIC 2.6857%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $7,465,000 | 5.00% | 0.40% | ||
| 3/1/18 | $7,860,000 | 5.00% | 0.56% | ||
| 3/1/19 | $8,255,000 | 5.00% | 0.68% | ||
| 3/1/20 | $8,665,000 | 5.00% | 0.80% | ||
| 3/1/21 | $9,095,000 | 5.00% | 0.90% | ||
| 3/1/22 | $9,550,000 | 5.00% | 1.06% | ||
| 3/1/23 | $10,030,000 | 5.00% | 1.25% | ||
| 3/1/24 | $10,525,000 | 5.00% | 1.45% | ||
| 3/1/25 | $11,055,000 | 5.00% | 1.60% | ||
| 3/1/26 | $11,605,000 | 5.00% | 1.73% | ||
| 3/1/27 | $12,190,000 | 5.00% | 1.82% | ||
| 3/1/28 | $12,800,000 | 5.00% | 1.92% | ||
| 3/1/29 | $13,440,000 | 5.00% | 2.01% | ||
| 3/1/30 | $14,110,000 | 5.00% | 2.09% | ||
| 3/1/31 | $14,820,000 | 5.00% | 2.21% | ||
| 3/1/32 | $15,555,000 | 5.00% | 2.30% | ||
| 3/1/33 | $16,335,000 | 5.00% | 2.35% | ||
| 3/1/34 | $17,150,000 | 5.00% | 2.40% | ||
| 3/1/35 | $18,010,000 | 5.00% | 2.45% | ||
| 3/1/36 | $18,910,000 | 5.00% | 2.50% |
Other managers: Raymond James & Associates, Inc., U.S. Bancorp Investments, Inc., FTN Financial Capital Markets, Jefferies LLC, Fidelity Capital Markets, City Securities Corp..
L.O.: Gilmore & Bell, Omaha, NE.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Wells Fargo Secs, TIC 2.692%
BA Merrill Lynch, TIC 2.6924%
JPMorgan, TIC 2.7031%
Citigroup, TIC 2.7075%
Barclays Capital, TIC 2.7408%
NEVADA
Clark County
Feb 9, 2016 . . . . . . $263,955,000
General Obligation (Limited Tax) Bond Bank Refunding Bonds (Additionally Secured by Pledged Revenues), Series 2016A (book entry).
Dated Mar 3, 2016.
Due Nov 1, 2016 to 2029.
Callable May 1, 2026 at par.
Winning bid: Citigroup, at 119.3452, TIC 1.6435%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/16 | $13,755,000 | 5.00% | 0.32% | ||
| 11/1/17 | $23,295,000 | 5.00% | 0.58% | ||
| 11/1/18 | $24,505,000 | 5.00% | 0.70% | ||
| 11/1/19 | $25,755,000 | 5.00% | 0.82% | ||
| 11/1/20 | $27,075,000 | 5.00% | 0.91% | ||
| 11/1/21 | $28,460,000 | 5.00% | 1.04% | ||
| 11/1/22 | $18,625,000 | 5.00% | 1.24% | ||
| 11/1/23 | $19,635,000 | 5.00% | 1.44% | ||
| 11/1/24 | $20,700,000 | 5.00% | 1.63% | ||
| 11/1/25 | $21,835,000 | 5.00% | 1.78% | ||
| 11/1/26 | $9,215,000 | 5.00% | 1.88% | ||
| 11/1/27 | $9,770,000 | 5.00% | 1.98% | ||
| 11/1/28 | $10,350,000 | 5.00% | 2.09% | ||
| 11/1/29 | $10,980,000 | 5.00% | 2.17% |
Other managers: Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., LLC, Loop Capital Markets, LLC, Stifel, Nicolaus & Co., Inc., The Williams Capital Group, L.P., Piper Jaffray & Company, Hilltop Securities Inc., R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Rafferty Capital Markets LLC, Rice Financial Products Company, Bonwick Capital Partners, LLC.
L.O.: Sherman & Howard L.L.C., Las Vegas, NV.
F.A.: Hobbs, Ong & Associates, Inc., Las Vegas, NV; Public Financial Management, Inc., Los Angeles, CA; and Public Financial Management, Inc., Seattle, WA.
Other bidders were:
BA Merrill Lynch, TIC 1.6979%
Wells Fargo Secs, TIC 1.7%
Morgan Stanley, TIC 1.7059%
Goldman Sachs, TIC 1.7114%
Barclays Capital, TIC 1.7303%
JPMorgan, TIC 1.7387%
NEW JERSEY
Avalon Borough
Feb 9, 2016 . . . . . . $19,325,000
$14,600,000 Bond Anticipation Note and $4,725,000 Water/Sewer Utility Bond Antiicpation Note.
Dated Feb 23, 2016.
Due Feb 22, 2017.
Purchased $19,325,000.00 by TD Securities, at 2.0%, plus $271,129.70, effective rate 0.5931%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, Effective Rate 0.5941%
Jefferies, Effective Rate 0.7545%
Oppenheimer, Effective Rate 0.8749%
Belmar Borough
Feb 9, 2016 . . . . . . $19,925,000
$5,805,000 Bond Anticipation Note, $6,000,000 Beach Utility Bond Anticipation Note and $8,120,000 Water/Sewer Utility Bond Anticipation Note.
Dated Feb 12, 2016.
Due Feb 10, 2017.
Purchased $19,925,000.00 by TD Securities, at 2.0%, plus $230,133.70, effective rate 0.838%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.945%
Oppenheimer, Effective Rate 1.0378%
Chester Township
Feb 9, 2016 . . . . . . $4,478,500
Bond Anticipation Note (bank qualified).
Dated Feb 18, 2016.
Due Feb 17, 2017.
Purchased $4,478,500.00 by TD Securities, at 2.0%, plus $59,743.19, effective rate 0.66%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.771%
Oppenheimer, Effective Rate 0.872%
Valley National Bank, Effective Rate 0.96%
Peapack-Gladstone, Effective Rate 1.0%
Millstone Township
Feb 9, 2016 . . . . . . $7,804,499
Bond Anticipation Note (bank qualified).
Dated Feb 17, 2016.
Due Feb 16, 2017.
Purchased $7,804,500.00 by TD Securities, at 1.0%, plus $6,243.60, effective rate 0.919%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.924%
Oppenheimer, Effective Rate 0.9786%
NEW YORK
Au Sable Forks Fire District in the Town of Jay
Feb 9, 2016 . . . . . . $450,000
Bond Anticipation Notes, 2016 (bank qualified) (book entry).
Dated Feb 18, 2016.
Due Feb 17, 2017.
Purchased $450,000.00 by Bank of Greene Co, at 1.29%, effective rate 1.29%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Oppenheimer, Effective Rate 2.4688%
Avon Central School District
Feb 9, 2016 . . . . . . $2,000,000
Bond Anticipation Notes, 2016 (New Issue) (bank qualified).
Dated Feb 23, 2016.
Due Jun 23, 2016.
Purchased $2,000,000.00 by TD Securities, at 1.0%, plus $1,320.00, effective rate 0.802%.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Jefferies, Effective Rate 1.0677%
Oppenheimer, Effective Rate 1.1675%
Roosevelt & Cross, Effective Rate 1.377%
Ithaca (City)
Feb 9, 2016 . . . . . . $18,943,221
Public Improvement (Serial) Bonds, 2016.
Dated Feb 19, 2016.
Due Feb 15, 2017 to 2046.
Callable Feb 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.0000, NIC 3.0357%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/17 | $233,221 | 2.25% | 0.40% | ||
| 2/15/18 | $520,000 | 2.25% | 0.55% | ||
| 2/15/19 | $540,000 | 2.25% | 0.70% | ||
| 2/15/20 | $555,000 | 2.25% | 0.80% | ||
| 2/15/21 | $565,000 | 2.50% | 0.90% | ||
| 2/15/22 | $440,000 | 2.50% | 1.05% | ||
| 2/15/23 | $455,000 | 3.00% | 1.25% | ||
| 2/15/24 | $465,000 | 3.00% | 1.45% | ||
| 2/15/25 | $480,000 | 3.00% | 1.65% | ||
| 2/15/26 | $495,000 | 3.00% | 1.85% | ||
| 2/15/27 | $505,000 | 3.00% | 2.00% | ||
| 2/15/28 | $530,000 | 3.00% | 2.15% | ||
| 2/15/29 | $540,000 | 3.00% | 2.35% | ||
| 2/15/30 | $555,000 | 3.00% | 2.50% | ||
| 2/15/31 | $575,000 | 3.00% | 2.60% | ||
| 2/15/32 | $600,000 | 3.00% | 2.70% | ||
| 2/15/33 | $620,000 | 3.00% | 2.80% | ||
| 2/15/34 | $640,000 | 3.00% | 2.85% | ||
| 2/15/35 | $665,000 | 3.00% | 2.95% | ||
| 2/15/36 | $685,000 | 3.00% | 3.00% | ||
| 2/15/37 | $710,000 | 3.00% | 3.05% | ||
| 2/15/38 | $735,000 | 3.00% | 3.10% | ||
| 2/15/39 | $760,000 | 3.00% | 3.15% | ||
| 2/15/40 | $790,000 | 3.00% | 3.20% | ||
| 2/15/41 | $815,000 | 3.125% | 3.25% | ||
| 2/15/42 | $835,000 | 3.125% | 3.28% | ||
| 2/15/43 | $865,000 | 3.125% | 3.29% | ||
| 2/15/44 | $890,000 | 3.125% | 3.30% | ||
| 2/15/45 | $925,000 | 3.125% | 3.31% | ||
| 2/15/46 | $955,000 | 3.125% | 3.32% |
Other managers: Bank of New York Mellon Capital Markets, LLC, Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates LLC, Edward Jones, Intercoastal Capital Markets, Inc., R. Seelaus & Co., Inc., The Williams Capital Group, L.P..
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Hutchinson Shockey, NIC 3.0936%
BA Merrill Lynch, NIC 3.1257%
Ithaca (City)
Feb 9, 2016 . . . . . . $20,306,900
Bond Anticipation Notes, 2016 Series A.
Dated Feb 19, 2016.
Due Feb 17, 2017.
Purchased $20,306,900.00 by Bank of America, at 0.76%, effective rate 0.76%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.0123%
Jefferies, Effective Rate 1.0843%
Oppenheimer, Effective Rate 1.1%
JPMorgan Chase, Effective Rate 1.14%
Schenectady County
Feb 9, 2016 . . . . . . $41,300,000
Various Purposes Serial Bonds - 2016 (book entry).
Dated Feb 16, 2016.
Due Feb 15, 2017 to 2043.
Callable Feb 15, 2024 at par.
Winning bid: Mesirow Financial, at 100.0000, TIC 2.8498%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/17 | $1,040,000 | 2.00% | 0.38% | ||
| 2/15/18 | $1,060,000 | 2.00% | 0.55% | ||
| 2/15/19 | $1,085,000 | 2.00% | 0.64% | ||
| 2/15/20 | $1,110,000 | 2.00% | 0.76% | ||
| 2/15/21 | $1,140,000 | 2.00% | 0.88% | ||
| 2/15/22 | $1,175,000 | 2.00% | 1.06% | ||
| 2/15/23 | $1,210,000 | 2.00% | 1.25% | ||
| 2/15/24 | $1,245,000 | 2.00% | 1.44% | ||
| 2/15/25 | $1,280,000 | 2.00% | 1.63% | ||
| 2/15/26 | $1,320,000 | 2.00% | 1.81% | ||
| 2/15/27 | $1,360,000 | 2.00% | 2.05% | ||
| 2/15/28 | $1,400,000 | 2.125% | 2.22% | ||
| 2/15/29 | $1,440,000 | 3.00% | 2.30% | ||
| 2/15/30 | $1,485,000 | 3.00% | 2.45% | ||
| 2/15/31 | $1,530,000 | 3.00% | 2.60% | ||
| 2/15/32 | $1,575,000 | 3.00% | 2.75% | ||
| 2/15/33 | $1,620,000 | 3.00% | 2.85% | ||
| 2/15/34 | $1,670,000 | 3.00% | 2.90% | ||
| 2/15/35 | $1,725,000 | 3.00% | 2.95% | ||
| 2/15/36 | $1,775,000 | 3.00% | 3.00% | ||
| 2/15/37 | $1,825,000 | 3.00% | 3.05% | ||
| 2/15/38 | $1,880,000 | 3.00% | 3.10% | ||
| 2/15/39 | $1,945,000 | 3.00% | 3.15% | ||
| 2/15/40 | $2,005,000 | 3.00% | 3.20% | ||
| 2/15/41 | $2,070,000 | 3.00% | 3.23% | ||
| 2/15/42 | $2,130,000 | 3.125% | 3.25% | ||
| 2/15/43 | $2,200,000 | 3.125% | 3.26% |
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Roosevelt & Cross, TIC 2.8538%
Robert W. Baird, TIC 2.9439%
Hutchinson Shockey, TIC 3.0001%
Fidelity Capital, TIC 3.0486%
BA Merrill Lynch, TIC 3.0551%
Utica (City)
Feb 9, 2016 . . . . . . $3,950,000
Bond Anticipation Notes, 2016A (bank qualified).
Dated Feb 23, 2016.
Due Feb 23, 2017.
Purchased $3,950,000.00 by TD Securities, at 1.5%, plus $17,577.49, effective rate 1.055%.
L.O.: Bond, Schoeneck & King, PLLC, Utica, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.089%
JPMorgan Chase, Effective Rate 1.23%
Oppenheimer, Effective Rate 1.2872%
Roosevelt & Cross, Effective Rate 1.805%
OHIO
Powell (City)
Feb 9, 2016 . . . . . . $3,000,000
Municipal Facilities Construction and Improvement Notes, Series 2016 (General Obligation-Unlimited Tax) (bank qualified).
Dated Feb 23, 2016.
Due Feb 23, 2017.
Purchased $3,000,000.00 by Huntington Invest, at 1.375%, plus $19,620.00, effective rate 0.721%.
L.O.: Bricker & Eckler, LLP, Columbus, OH.
F.A.: Umbaugh LLP, Columbus, OH; and Umbaugh LLP, Indianapolis, IN.
Other bidders were:
KeyBanc Cap Mkts, Effective Rate 0.791%
Jefferies, Effective Rate 0.9579%
Oppenheimer, Effective Rate 0.9597%
William Blair, Effective Rate 0.991%
Boenning&Scattergood, Effective Rate 1.005%
First Merit, Effective Rate 1.24%
City Securities, Effective Rate 1.395%
Huntington Pub Cap, Effective Rate 1.58%
UTAH
Duchesne County School District Board of Education
Feb 9, 2016 . . . . . . $39,000,000
General Obligation School Building Bonds (Utah School Bond Guaranty Program) Series 2016 (book entry).
Dated Feb 23, 2016.
Due Jun 1, 2018 to 2032.
Callable Dec 1, 2025 at par.
Winning bid: JPMorgan, at n/a, TIC 2.6948%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $550,000 | 4.00% | 0.62% | ||
| 6/1/22 | $1,225,000 | 4.00% | 1.17% | ||
| 6/1/23 | $1,275,000 | 4.00% | 1.37% | ||
| 6/1/24 | $1,350,000 | 4.00% | 1.54% | ||
| 6/1/25 | $1,425,000 | 4.00% | 1.68% | ||
| 6/1/26 | $1,500,000 | 4.00% | 1.80% | ||
| 6/1/27 | $3,000,000 | 4.00% | 1.88% | ||
| 6/1/28 | $3,150,000 | 4.00% | 1.98% | ||
| 6/1/29 | $3,300,000 | 4.00% | 2.07% | ||
| 6/1/30 | $7,125,000 | 4.00% | 2.39% | ||
| 6/1/31 | $7,400,000 | 4.00% | 2.48% | ||
| 6/1/32 | $7,700,000 | 4.00% | 2.57% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc.., SL Hare Capital.
L.O.: Farnsworth Johnson PLLC, Provo, UT.
F.A.: Zions Public Finance, Salt Lake City, UT.
Other bidders were:
Citigroup, TIC 2.7076%
Morgan Stanley, TIC 2.7126%
Robert W. Baird, TIC 2.7377%
Hutchinson Shockey, TIC 2.739%
KeyBanc Cap Mkts, TIC 2.7714%
Wells Fargo Secs, TIC 2.8013%
FTN Fin Cap Mkts, TIC 2.9152%
UBS Financial Svcs, TIC 3.0332%
VIRGINIA
Virginia Housing Development Authority
Feb 9, 2016 . . . . . . $4,800,000
Rental Housing Bonds, 2016 Series A-Non-AMT (book entry).
Dated Mar 8, 2016.
Due Mar 1, 2018 to 2046.
Callable Mar 1, 2025 at par.
Winning bid: Davenport, at 99.0003, TIC 3.0665%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $60,000 | 0.75% | 0.75% | ||
| 3/1/19 | $120,000 | 0.875% | 0.875% | ||
| 3/1/20 | $120,000 | 1.00% | 1.00% | ||
| 3/1/21 | $125,000 | 1.125% | 1.125% | ||
| 3/1/22 | $125,000 | 1.375% | 1.375% | ||
| 3/1/23 | $125,000 | 1.50% | 1.50% | ||
| 3/1/24 | $130,000 | 1.75% | 1.75% | ||
| 3/1/25 | $130,000 | 2.00% | 2.00% | ||
| 3/1/26 | $135,000 | 2.125% | 2.125% | ||
| 3/1/27 | $140,000 | 2.25% | 2.25% | ||
| 3/1/28 | $140,000 | 2.375% | 2.375% | ||
| 3/1/29 | $145,000 | 2.50% | 2.50% | ||
| 3/1/30 | $150,000 | 2.625% | 2.625% | ||
| 3/1/31 | $155,000 | 2.75% | 2.75% | ||
| 3/1/36 | $845,000 | 3.00% | 3.00% | ||
| 3/1/38 | $375,000 | 3.125% | 3.125% | ||
| 3/1/41 | $610,000 | 3.25% | 3.25% | ||
| 3/1/46 | $1,170,000 | 3.375% | 3.375% |
Other managers: Robert W. Baird & Co., Inc., Edward Jones, CL King & Associates, Loop Capital Markets, LLC, Crews & Associates, Inc., Bank of New York Mellon Capital Markets, LLC, Ross, Sinclaire & Associates LLC, Duncan-Williams, Inc., Oppenheimer & Co., Inc., WNJ Capital, Wedbush Securities Inc., R. Seelaus & Co., Inc., SumRidge Partners, LLC, Sierra Pacific Securities, IFS Securities, Alamo Capital, First Empire Securities, NW Capital a division of Windsor Financial Group, Northland Securities, Inc., Coastal Securities Corp..
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, TIC 3.2101%
Hutchinson Shockey, TIC 3.2156%
Piper Jaffray, TIC 3.2517%
BA Merrill Lynch, TIC 3.301%
Raymond James, TIC 3.3041%
Wells Fargo Secs, TIC 3.3382%
FTN Fin Cap Mkts, TIC 3.4877%
WASHINGTON
Washington
Feb 9, 2016 . . . . . . $199,065,000
Motor Vehicle Fuel Tax General Obligation Bonds, Series 2016D (book entry).
Dated Feb 16, 2016.
Due Feb 1, 2017 to 2041.
Callable Feb 1, 2026 at par.
Winning bid: Citigroup, at 120.5881, TIC 3.2199%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $4,560,000 | 5.00% | 0.39% | ||
| 2/1/18 | $4,375,000 | 5.00% | 0.60% | ||
| 2/1/19 | $4,590,000 | 5.00% | 0.69% | ||
| 2/1/20 | $4,820,000 | 5.00% | 0.82% | ||
| 2/1/21 | $5,060,000 | 5.00% | 0.94% | ||
| 2/1/22 | $5,310,000 | 5.00% | 1.10% | ||
| 2/1/23 | $5,580,000 | 5.00% | 1.31% | ||
| 2/1/24 | $5,855,000 | 5.00% | 1.53% | ||
| 2/1/25 | $6,150,000 | 5.00% | 1.73% | ||
| 2/1/26 | $6,455,000 | 5.00% | 1.85% | ||
| 2/1/27 | $6,780,000 | 5.00% | 1.97% | ||
| 2/1/28 | $7,120,000 | 5.00% | 2.06% | ||
| 2/1/29 | $7,475,000 | 5.00% | 2.15% | ||
| 2/1/30 | $7,850,000 | 5.00% | 2.24% | ||
| 2/1/31 | $8,245,000 | 5.00% | 2.33% | ||
| 2/1/32 | $8,650,000 | 5.00% | 2.42% | ||
| 2/1/33 | $9,085,000 | 5.00% | 2.47% | ||
| 2/1/34 | $9,540,000 | 5.00% | 2.52% | ||
| 2/1/35 | $10,020,000 | 5.00% | 2.57% | ||
| 2/1/36 | $10,520,000 | 5.00% | 2.62% | ||
| 2/1/37 | $11,045,000 | 5.00% | 2.70% | ||
| 2/1/38 | $11,595,000 | 5.00% | 2.76% | ||
| 2/1/39 | $12,175,000 | 5.00% | 2.82% | ||
| 2/1/40 | $12,785,000 | 5.00% | 2.87% | ||
| 2/1/41 | $13,425,000 | 5.00% | 2.90% |
Other managers: Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., LLC, Loop Capital Markets, LLC, Stifel, Nicolaus & Co., Inc., The Williams Capital Group, L.P., Hilltop Securities Inc., R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Rafferty Capital Markets LLC, Rice Financial Products Company, Bonwick Capital Partners, LLC.
L.O.: Foster Pepper PLLC, Seattle, WA.
F.A.: Montague DeRose & Associates, Walnut Creek, CA; and Piper Jaffray & Company, Seattle, WA.
Other bidders were:
BA Merrill Lynch, TIC 3.222%
Morgan Stanley, TIC 3.2225%
Barclays Capital, TIC 3.2268%
JPMorgan, TIC 3.2476%
Washington
Feb 9, 2016 . . . . . . $319,170,000
Various Purpose General Obligation Bonds, Series 2016C (book entry).
Dated Feb 16, 2016.
Due Feb 1, 2017 to 2041.
Callable Feb 1, 2026 at par.
Winning bid: Barclays Capital, at 120.6134, TIC 3.218%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $7,310,000 | 5.00% | 0.38% | ||
| 2/1/18 | $7,005,000 | 5.00% | 0.565% | ||
| 2/1/19 | $7,365,000 | 5.00% | 0.69% | ||
| 2/1/20 | $7,725,000 | 5.00% | 0.82% | ||
| 2/1/21 | $8,115,000 | 5.00% | 0.94% | ||
| 2/1/22 | $8,510,000 | 5.00% | 1.12% | ||
| 2/1/23 | $8,940,000 | 5.00% | 1.33% | ||
| 2/1/24 | $9,385,000 | 5.00% | 1.53% | ||
| 2/1/25 | $9,855,000 | 5.00% | 1.73% | ||
| 2/1/26 | $10,355,000 | 5.00% | 1.82% | ||
| 2/1/27 | $10,870,000 | 5.00% | 1.95% | ||
| 2/1/28 | $11,415,000 | 5.00% | 2.06% | ||
| 2/1/29 | $11,990,000 | 5.00% | 2.15% | ||
| 2/1/30 | $12,575,000 | 5.00% | 2.24% | ||
| 2/1/31 | $13,220,000 | 5.00% | 2.33% | ||
| 2/1/32 | $13,880,000 | 5.00% | 2.42% | ||
| 2/1/33 | $14,575,000 | 5.00% | 2.47% | ||
| 2/1/34 | $15,300,000 | 5.00% | 2.52% | ||
| 2/1/35 | $16,070,000 | 5.00% | 2.57% | ||
| 2/1/36 | $16,865,000 | 5.00% | 2.62% | ||
| 2/1/37 | $17,710,000 | 5.00% | 2.68% | ||
| 2/1/38 | $18,590,000 | 5.00% | 2.74% | ||
| 2/1/39 | $19,525,000 | 5.00% | 2.80% | ||
| 2/1/40 | $20,500,000 | 5.00% | 2.85% | ||
| 2/1/41 | $21,520,000 | 5.00% | 2.88% |
L.O.: Foster Pepper PLLC, Seattle, WA.
F.A.: Montague DeRose & Associates, Walnut Creek, CA; and Piper Jaffray & Company, Seattle, WA.
Other bidders were:
Citigroup, TIC 3.224%
BA Merrill Lynch, TIC 3.2251%
JPMorgan, TIC 3.2354%
Morgan Stanley, TIC 3.2404%
WISCONSIN
Marshfield (City)
Feb 9, 2016 . . . . . . $3,840,000
General Obligation Corporate Purpose Bonds, Series 2016B (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Mar 1, 2018 to 2036.
Callable Mar 1, 2025 at par.
Winning bid: Robert W. Baird, at 101.4727, TIC 2.3342%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $130,000 | 2.00% | 0.80% | ||
| 3/1/19 | $130,000 | 2.00% | 0.90% | ||
| 3/1/20 | $135,000 | 2.00% | 1.05% | ||
| 3/1/21 | $185,000 | 2.00% | 1.15% | ||
| 3/1/22 | $190,000 | 2.00% | 1.25% | ||
| 3/1/23 | $240,000 | 2.00% | 1.40% | ||
| 3/1/24 | $245,000 | 2.00% | 1.50% | ||
| 3/1/25 | $250,000 | 2.00% | 1.65% | ||
| 3/1/26 | $285,000 | 2.00% | 1.75% | ||
| 3/1/27 | $290,000 | 2.00% | 1.90% | ||
| 3/1/28 | $295,000 | 2.25% | 2.05% | ||
| 3/1/29 | $165,000 | 2.50% | 2.15% | ||
| 3/1/30 | $170,000 | 2.50% | 2.25% | ||
| 3/1/31 | $180,000 | 2.50% | 2.35% | ||
| 3/1/32 | $185,000 | 3.00% | 2.45% | ||
| 3/1/33 | $190,000 | 3.00% | 2.55% | ||
| 3/1/34 | $190,000 | 3.00% | 2.65% | ||
| 3/1/35 | $190,000 | 3.00% | 2.75% | ||
| 3/1/36 | $195,000 | 3.00% | 2.85% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Edward Jones, Coastal Securities Corp., SAMCO Capital Markets, WNJ Capital, Crews & Associates, Inc., Davenport & Company LLC, Northland Securities, Inc., Ross, Sinclaire & Associates LLC, Dougherty & Company LLC, Country Club Bank, Duncan-Williams, Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Sierra Pacific Securities, Alamo Capital, IFS Securities, Bernardi Securities, Inc., Oppenheimer & Co., Inc., Rafferty Capital Markets LLC, UMB Bank, N.A.., First Empire Securities, W.H. Mell Associates, Inc., Wayne Hummer & Co., Wedbush Securities Inc., Loop Capital Markets, LLC.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Public Financial Management, Inc., Milwaukee, WI.
Other bidders were:
BOSC, TIC 2.4144%
City Securities, TIC 2.6479%
Marshfield (City)
Feb 9, 2016 . . . . . . $3,865,000
General Obligation Promissory Notes, Series 2016A (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Mar 1, 2017 to 2026.
Non-callable.
Winning bid: Piper Jaffray, at 101.9966, TIC 1.4498%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $325,000 | 1.00% | 0.63% | ||
| 3/1/18 | $365,000 | 1.00% | 0.79% | ||
| 3/1/19 | $370,000 | 1.00% | 0.89% | ||
| 3/1/20 | $380,000 | 1.50% | 1.00% | ||
| 3/1/21 | $385,000 | 1.50% | 1.10% | ||
| 3/1/22 | $395,000 | 2.00% | 1.20% | ||
| 3/1/23 | $400,000 | 2.00% | 1.35% | ||
| 3/1/24 | $410,000 | 2.00% | 1.50% | ||
| 3/1/25 | $415,000 | 2.00% | 1.60% | ||
| 3/1/26 | $420,000 | 2.00% | 1.70% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Public Financial Management, Inc., Milwaukee, WI.
Other bidders were:
Raymond James, TIC 1.5268%
Robert W. Baird, TIC 1.5268%
Mesirow Financial, TIC 1.5354%
Bankers' Bank, TIC 1.5557%
BOSC, TIC 1.5733%
FTN Fin Cap Mkts, TIC 1.6517%
Wausau School District
Feb 8, 2016 . . . . . . $10,000,000
General Obligation School Building Bonds, Series 2016 (bank qualified) (book entry).
Dated Feb 29, 2016.
Due Mar 1, 2032 to 2035.
Callable Mar 1, 2025 at par.
Winning bid: Stifel Nicolaus, at n/a, TIC 2.7065%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/32 | $1,635,000 | 2.50% | 2.35% | ||
| 3/1/33 | $2,710,000 | 2.75% | 2.45% | ||
| 3/1/34 | $2,790,000 | 2.75% | 2.55% | ||
| 3/1/35 | $2,865,000 | 2.75% | 2.65% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: PMA Securities, Inc., Milwaukee, WI.
Other bidders were:
Robert W. Baird, TIC 2.7328%
FTN Fin Cap Mkts, TIC 2.7341%
Piper Jaffray, TIC 2.7661%
Janney Montgomery, TIC 2.8308%
BOSC, TIC 2.8725%
Wells Fargo Secs, TIC 2.9055%
TAXABLE ISSUES
ILLINOIS
Rockford Park District
Feb 9, 2016 . . . . . . $2,075,000
Taxable General Obligation Park Bonds (Alternate Revenue Source) Series 2016B (book entry).
Dated Feb 24, 2016.
Due Dec 15, 2026 to 2030.
Callable Dec 15, 2025 at par.
Winning bid: BOSC, at n/a, TIC 3.4534%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/26 | $460,000 | 3.00% | 3.00% | ||
| 12/15/27 | $460,000 | 3.125% | 3.125% | ||
| 12/15/28 | $475,000 | 3.50% | 3.25% | ||
| 12/15/29 | $495,000 | 3.50% | 3.375% | ||
| 12/15/30 | $185,000 | 4.00% | 3.50% |
Other managers: Stifel, Nicolaus & Co., Inc., SunTrust Robinson Humphrey.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
J.J.B. Hilliard, TIC 3.4634%
Robert W. Baird, TIC 3.6505%
Hutchinson Shockey, TIC 4.63%
NEW YORK
Ithaca (City)
Feb 9, 2016 . . . . . . $700,000
Bond Anticipation Notes, 2016 (Renewals) Series B (Federally Taxable).
Dated Feb 19, 2016.
Due Feb 17, 2017.
Purchased $700,000.00 by JPMorgan Chase, at 1.7%, effective rate 1.7%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 2.0%
Jefferies, Effective Rate 3.4516%
New York City Transitional Finance Authority
Feb 9, 2016 . . . . . . $53,680,000
Future Tax Secured Taxable Subordinate Bonds, Fiscal 2016 , Subseries E-3 (book entry).
Dated Feb 26, 2016.
Due Feb 1, 2027 to 2028.
Callable Feb 1, 2026 at par.
Winning bid: FTN Fin Cap Mkts, at 99.5000, TIC 2.9986%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/27 | $26,210,000 | 2.92% | 2.92% | ||
| 2/1/28 | $27,470,000 | 2.97% | 2.97% |
L.O.: Sidley Austin LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
Raymond James, TIC 3.0295%
BA Merrill Lynch, TIC 3.0618%
JPMorgan, TIC 3.0962%
Wells Fargo Secs, TIC 3.212%
Citigroup, TIC 3.2127%
Morgan Stanley, TIC 3.2355%
Goldman Sachs, TIC 3.2855%
RBC Capital Mkts, TIC 3.3286%
Jefferies, TIC 3.3326%
New York City Transitional Finance Authority
Feb 9, 2016 . . . . . . $196,320,000
Future Tax Secured Taxable Subordinate Bonds, Fiscal 2016 , Subseries E-2 (book entry).
Dated Feb 26, 2016.
Due Feb 1, 2018 to 2026.
Non-callable.
Winning bid: Jefferies, at 99.6811, TIC 2.3211%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $19,785,000 | 1.00% | 0.95% | ||
| 2/1/19 | $20,190,000 | 1.25% | 1.25% | ||
| 2/1/20 | $20,640,000 | 1.50% | 1.50% | ||
| 2/1/21 | $20,385,000 | 1.75% | 1.75% | ||
| 2/1/22 | $21,175,000 | 2.05% | 2.05% | ||
| 2/1/23 | $22,085,000 | 2.30% | 2.30% | ||
| 2/1/24 | $22,940,000 | 2.50% | 2.50% | ||
| 2/1/25 | $24,000,000 | 2.65% | 2.65% | ||
| 2/1/26 | $25,120,000 | 2.80% | 2.80% |
L.O.: Sidley Austin LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
JPMorgan, TIC 2.3497%
RBC Capital Mkts, TIC 2.3987%
Citigroup, TIC 2.4789%
Wells Fargo Secs, TIC 2.485%
Goldman Sachs, TIC 2.5024%
Barclays Capital, TIC 2.5305%
Morgan Stanley, TIC 2.5627%
BA Merrill Lynch, TIC 2.6228%
WISCONSIN
Hilbert Village
Feb 9, 2016 . . . . . . $1,920,000
Taxable General Obligation Refunding Bonds, Series 2016A (book entry).
Dated Mar 2, 2016.
Due Sep 1, 2016 to 2027.
Callable Sep 1, 2023 at par.
Winning bid: BOSC, at 99.0100, TIC 2.7297%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $105,000 | 1.00% | 1.00% | ||
| 9/1/17 | $150,000 | 1.15% | 1.15% | ||
| 9/1/18 | $150,000 | 1.40% | 1.40% | ||
| 9/1/19 | $150,000 | 1.60% | 1.60% | ||
| 9/1/20 | $155,000 | 1.85% | 1.85% | ||
| 9/1/21 | $160,000 | 2.10% | 2.10% | ||
| 9/1/22 | $165,000 | 2.30% | 2.30% | ||
| 9/1/23 | $170,000 | 2.45% | 2.45% | ||
| 9/1/24 | $170,000 | 2.65% | 2.65% | ||
| 9/1/25 | $175,000 | 2.85% | 2.85% | ||
| 9/1/26 | $185,000 | 3.00% | 3.00% | ||
| 9/1/27 | $185,000 | 3.20% | 3.20% |
L.O.: Miller McGinn & Clark S.C., Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Bankers' Bank, TIC 2.7902%
Northland Securities, TIC 2.9545%
Bernardi Securities, TIC 3.1507%
Robert W. Baird, TIC 3.2152%
