IOWA
Iowa Western Community College (Merged Area XIII)
Feb 12, 2016 . . . . . . $6,945,000
General Obligation School Refunding Bonds, Series 2016A (bank qualified) (book entry).
Dated Mar 14, 2016.
Due Jun 1, 2016 to 2021.
Callable Jun 1, 2020 at par.
Winning bid: Raymond James, at 105.0452, TIC 0.9128%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $1,290,000 | 3.00% | 0.40% | ||
| 6/1/17 | $1,310,000 | 3.00% | 0.50% | ||
| 6/1/18 | $1,350,000 | 3.00% | 0.65% | ||
| 6/1/19 | $1,385,000 | 3.00% | 0.75% | ||
| 6/1/20 | $1,425,000 | 3.00% | 0.85% | ||
| 6/1/21 | $185,000 | 3.00% | 0.90% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
UMB Bank, TIC 0.947%
Robert W. Baird, TIC 0.993%
BOSC, TIC 1.0834%
KENTUCKY
Knox County School District Finance Corporation
Feb 11, 2016 . . . . . . $7,185,000
School Building Refunding Revenue Bonds Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Sep 1, 2016 to 2027.
Callable Mar 1, 2026 at par.
Winning bid: J.J.B. Hilliard, at 104.0880, TIC 2.1718%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $65,000 | 2.00% | 0.50% | ||
| 9/1/17 | $65,000 | 2.00% | 0.70% | ||
| 9/1/18 | $505,000 | 2.00% | 1.00% | ||
| 9/1/19 | $510,000 | 2.00% | 1.20% | ||
| 9/1/20 | $525,000 | 2.00% | 1.40% | ||
| 9/1/21 | $535,000 | 2.00% | 1.60% | ||
| 9/1/22 | $540,000 | 2.00% | 1.75% | ||
| 9/1/23 | $560,000 | 3.00% | 1.90% | ||
| 9/1/24 | $880,000 | 3.00% | 2.00% | ||
| 9/1/25 | $910,000 | 3.00% | 2.15% | ||
| 9/1/26 | $1,090,000 | 3.00% | 2.25% | ||
| 9/1/27 | $1,000,000 | 3.00% | 2.40% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
Other bidders were:
Robert W. Baird, TIC 2.2049%
Hutchinson Shockey, TIC 2.3053%
Raymond James, TIC 2.384%
MICHIGAN
Stanton Township Public Schools
Feb 11, 2016 . . . . . . $3,410,000
2016 School Building and Site Bonds (General Obligation-Unlimited Tax) (Michigan School Bond Qualification Loan Program) (bank qualified).
Dated Mar 4, 2016.
Due May 1, 2017 to 2042.
Callable May 1, 2026 at par.
Winning bid: Stifel Nicolaus, at 99.5569, TIC 3.0873%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $45,000 | 2.00% | 0.80% | ||
| 5/1/18 | $65,000 | 2.00% | 0.90% | ||
| 5/1/19 | $75,000 | 2.00% | 1.00% | ||
| 5/1/20 | $85,000 | 2.00% | 1.20% | ||
| 5/1/21 | $85,000 | 2.00% | 1.35% | ||
| 5/1/22 | $90,000 | 2.00% | 1.50% | ||
| 5/1/23 | $95,000 | 2.00% | 1.60% | ||
| 5/1/24 | $100,000 | 2.00% | 1.75% | ||
| 5/1/25 | $105,000 | 2.00% | 1.90% | ||
| 5/1/26 | $110,000 | 2.25% | 2.00% | ||
| 5/1/27 | $115,000 | 2.50% | 2.15% | ||
| 5/1/29 | $245,000 | 3.00% | 2.50% | ||
| 5/1/31 | $265,000 | 3.00% | 2.60% | ||
| 5/1/33 | $290,000 | 3.00% | 2.875% | ||
| 5/1/35 | $315,000 | 3.00% | 3.00% | ||
| 5/1/38 | $525,000 | 3.25% | 3.25% | ||
| 5/1/42 | $800,000 | 3.375% | 3.375% |
Other managers: BOSC, Inc., SunTrust Robinson Humphrey.
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 3.1198%
J.J.B. Hilliard, TIC 3.1389%
OKLAHOMA
Garvin County Independent School District No. 38 (Wynnewood)
Feb 11, 2016 . . . . . . $1,510,000
Building Bonds of 2016 (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Mar 1, 2018 to 2019.
Non-callable.
Winning bid: Commerce Bank, at n/a, NIC 0.9708%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $755,000 | 1.00% | 0.75% | ||
| 3/1/19 | $755,000 | 1.00% | 0.85% |
In association with: Landmark Bank.
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 1.066%
Country Club Bank, NIC 1.074%
BOSC, NIC 1.15%
UTAH
Weber School District Board of Education
Feb 11, 2016 . . . . . . $20,835,000
General Obligation Refunding Bonds (Utah School Bond Guaranty Program) Series 2016 (book entry).
Dated Feb 24, 2016.
Due Jun 15, 2019 to 2028.
Callable Jun 15, 2025 at par.
Winning bid: FTN Fin Cap Mkts, at n/a, TIC 1.7346%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/19 | $1,325,000 | 5.00% | 0.72% | USBGP | |
| 6/15/20 | $1,390,000 | 5.00% | 0.81% | USBGP | |
| 6/15/21 | $1,450,000 | 5.00% | 0.91% | USBGP | |
| 6/15/22 | $625,000 | 5.00% | 1.09% | USBGP | |
| 6/15/23 | $1,665,000 | 5.00% | 1.26% | USBGP | |
| 6/15/24 | $2,630,000 | 5.00% | 1.43% | USBGP | |
| 6/15/25 | $2,775,000 | 5.00% | 1.57% | USBGP | |
| 6/15/26 | $2,925,000 | 2.00% | 1.80% | USBGP | |
| 6/15/27 | $2,985,000 | 2.50% | 2.05% | USBGP | |
| 6/15/28 | $3,065,000 | 3.00% | 2.10% | USBGP |
L.O.: Chapman and Cutler LLP, Salt Lake City, UT.
F.A.: George K. Baum & Co., Salt Lake City, UT.
Other bidders were:
Piper Jaffray, TIC 1.7669%
Robert W. Baird, TIC 1.7841%
Janney Montgomery, TIC 1.829%
Fidelity Capital, TIC 1.8296%
JPMorgan, TIC 1.8313%
Morgan Stanley, TIC 1.8346%
Citigroup, TIC 1.8604%
KeyBanc Cap Mkts, TIC 1.8666%
BA Merrill Lynch, TIC 1.8687%
WISCONSIN
La Crosse (City)
Feb 11, 2016 . . . . . . $6,255,000
General Obligation Promissory Notes, Series 2016-A (bank qualified) (book entry).
Dated Mar 10, 2016.
Due Mar 1, 2017 to 2026.
Callable Mar 1, 2023 at par.
Winning bid: Bankers' Bank, at n/a, TIC 1.3884%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $910,000 | 2.00% | 0.60% | ||
| 3/1/18 | $525,000 | 2.00% | 0.75% | ||
| 3/1/19 | $790,000 | 2.00% | 0.85% | ||
| 3/1/20 | $545,000 | 2.00% | 1.00% | ||
| 3/1/21 | $555,000 | 2.00% | 1.10% | ||
| 3/1/22 | $565,000 | 2.00% | 1.25% | ||
| 3/1/23 | $575,000 | 2.00% | 1.35% | ||
| 3/1/24 | $585,000 | 2.00% | 1.40% | ||
| 3/1/25 | $600,000 | 2.00% | 1.50% | ||
| 3/1/26 | $605,000 | 2.00% | 1.60% |
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Piper Jaffray, TIC 1.4295%
BOSC, TIC 1.4599%
Robert W. Baird, TIC 1.4749%
Wells Fargo Secs, TIC 1.5761%
Raymond James, TIC 1.5807%
