ALABAMA
Alabama
Feb 24, 2016 . . . . . . $98,500,000
General Obligation Bonds, Series 2016-A (book entry).
Dated Mar 8, 2016.
Due Nov 1, 2017 to 2036.
Callable Feb 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 112.0213, TIC 2.6976%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/17 | $5,000,000 | 5.00% | 0.57% | ||
| 11/1/21 | $4,090,000 | 5.00% | 1.05% | ||
| 11/1/22 | $4,300,000 | 5.00% | 1.25% | ||
| 11/1/23 | $4,520,000 | 5.00% | 1.45% | ||
| 11/1/24 | $4,750,000 | 5.00% | 1.63% | ||
| 11/1/25 | $4,995,000 | 5.00% | 1.84% | ||
| 11/1/26 | $5,250,000 | 5.00% | 1.96% | ||
| 11/1/27 | $5,495,000 | 4.00% | 2.13% | ||
| 11/1/28 | $5,715,000 | 4.00% | 2.28% | ||
| 11/1/29 | $5,950,000 | 4.00% | 2.45% | ||
| 11/1/30 | $6,195,000 | 4.00% | 2.51% | ||
| 11/1/31 | $6,445,000 | 4.00% | 2.60% | ||
| 11/1/32 | $6,710,000 | 4.00% | 2.69% | ||
| 11/1/33 | $6,950,000 | 3.00% | 3.00% | ||
| 11/1/34 | $7,160,000 | 3.00% | 3.05% | ||
| 11/1/35 | $7,375,000 | 3.00% | 3.09% | ||
| 11/1/36 | $7,600,000 | 3.00% | 3.14% |
L.O.: Balch & Bingham LLP, Birmingham, AL.
F.A.: Rice Advisory, LLC, Montgomery, AL.
Other bidders were:
Wells Fargo Secs, TIC 2.7193%
Robert W. Baird, TIC 2.7369%
Morgan Stanley, TIC 2.7398%
Citigroup, TIC 2.7467%
Hutchinson Shockey, TIC 2.7608%
JPMorgan, TIC 2.8289%
Barclays Capital, TIC 2.8414%
CALIFORNIA
Belmont Joint Powers Financing Authority
Feb 25, 2016 . . . . . . $26,065,000
$15,230,000 Sewer Revenue Bonds, Series 2016 and $9,795,000 Sewer Refunding Revenue Bonds, Series 2016 (book entry). $9,945,000
Dated Mar 24, 2016.
Due Aug 1, 2016 to 2035.
Callable Aug 1, 2026 at par.
Winning bid: Fidelity Capital, at n/a, TIC 3.0853%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/16 | $485,000 | 5.00% | 0.25% | ||
| 8/1/17 | $415,000 | 3.00% | 0.50% | ||
| 8/1/18 | $425,000 | 3.00% | 0.60% | ||
| 8/1/19 | $435,000 | 5.00% | 0.71% | ||
| 8/1/20 | $465,000 | 5.00% | 0.82% | ||
| 8/1/21 | $485,000 | 4.00% | 0.98% | ||
| 8/1/22 | $505,000 | 4.00% | 1.18% | ||
| 8/1/23 | $525,000 | 5.00% | 1.38% | ||
| 8/1/24 | $555,000 | 5.00% | 1.58% | ||
| 8/1/25 | $580,000 | 5.00% | 1.73% | ||
| 8/1/26 | $605,000 | 5.00% | 1.88% | ||
| 8/1/27 | $640,000 | 2.00% | 2.05% | ||
| 8/1/28 | $655,000 | 2.00% | 2.15% | ||
| 8/1/29 | $670,000 | 2.15% | 2.27% | ||
| 8/1/30 | $685,000 | 4.00% | 2.41% | ||
| 8/1/31 | $710,000 | 4.00% | 2.52% | ||
| 8/1/32 | $265,000 | 3.00% | 2.82% | ||
| 8/1/33 | $270,000 | 3.00% | 2.90% | ||
| 8/1/34 | $280,000 | 3.00% | 3.00% | ||
| 8/1/35 | $290,000 | 3.00% | 3.05% |
$15,230,000 Sewer Revenue Bonds, Series 2016 and $9,795,000 Sewer Refunding Revenue Bonds, Series 2016 (book entry). $16,120,000
Dated Mar 24, 2016.
Due Aug 1, 2017 to 2045.
Callable Aug 1, 2026 at par.
Winning bid: Fidelity Capital, at n/a, TIC 3.0853%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $90,000 | 3.00% | 0.50% | ||
| 8/1/18 | $95,000 | 3.00% | 0.60% | ||
| 8/1/19 | $105,000 | 5.00% | 0.71% | ||
| 8/1/20 | $100,000 | 5.00% | 0.82% | ||
| 8/1/21 | $110,000 | 4.00% | 0.98% | ||
| 8/1/22 | $110,000 | 4.00% | 1.18% | ||
| 8/1/23 | $115,000 | 5.00% | 1.38% | ||
| 8/1/24 | $120,000 | 5.00% | 1.58% | ||
| 8/1/25 | $125,000 | 5.00% | 1.73% | ||
| 8/1/26 | $140,000 | 5.00% | 1.88% | ||
| 8/1/27 | $140,000 | 2.00% | 2.05% | ||
| 8/1/28 | $140,000 | 2.00% | 2.15% | ||
| 8/1/29 | $140,000 | 2.15% | 2.27% | ||
| 8/1/30 | $145,000 | 4.00% | 2.41% | ||
| 8/1/31 | $150,000 | 4.00% | 2.52% | ||
| 8/1/32 | $630,000 | 3.00% | 2.82% | ||
| 8/1/33 | $655,000 | 3.00% | 2.90% | ||
| 8/1/34 | $670,000 | 3.00% | 3.00% | ||
| 8/1/35 | $690,000 | 3.00% | 3.05% | ||
| 8/1/36 | $1,010,000 | 3.00% | 3.10% | ||
| 8/1/37 | $1,040,000 | 3.00% | 3.15% | ||
| 8/1/38 | $1,070,000 | 3.00% | 3.21% | ||
| 8/1/39 | $1,105,000 | 3.125% | 3.30% | ||
| 8/1/40 | $1,135,000 | 3.25% | 3.39% | ||
| 8/1/42 | $2,390,000 | 3.375% | 3.45% | ||
| 8/1/45 | $3,900,000 | 3.50% | 3.55% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, Wedbush Securities Inc., UBS Financial Services, Inc., City Securities Corp..
L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.
F.A.: Public Financial Management, Inc., San Francisco, CA.
Other bidders were:
Stifel Nicolaus, TIC 3.1258%
Robert W. Baird, TIC 3.1342%
Citigroup, TIC 3.1398%
BA Merrill Lynch, TIC 3.1923%
Morgan Stanley, TIC 3.2267%
Hutchinson Shockey, TIC 3.4375%
ILLINOIS
Highland Park Park District
Feb 25, 2016 . . . . . . $2,935,000
General Obligation Limited Tax Park Bonds, Series 2016 (bank qualified) (book entry).
Dated Mar 17, 2016.
Due Dec 15, 2016 to 2020.
Non-callable.
Winning bid: Piper Jaffray, at 103.8562, TIC 1.0934%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/16 | $690,000 | 2.00% | 0.50% | ||
| 12/15/17 | $540,000 | 2.00% | 0.70% | ||
| 12/15/18 | $555,000 | 2.00% | 0.85% | ||
| 12/15/19 | $565,000 | 3.00% | 1.00% | ||
| 12/15/20 | $585,000 | 3.00% | 1.05% |
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Robert W. Baird, TIC 1.1031%
Lake Forest Bk & Tr, TIC 1.14%
BOSC, TIC 1.2878%
IOWA
Davenport (City)
Feb 24, 2016 . . . . . . $6,085,000
Taxable General Obligation Refunding Bonds, Series 2016B (book entry).
Dated Mar 23, 2016.
Due Jun 1, 2017 to 2028.
Callable Jun 1, 2024 at par.
Winning bid: UMB Bank, at 100.7100, TIC 2.1367%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $130,000 | 2.00% | 0.80% | ||
| 6/1/18 | $915,000 | 2.00% | 1.00% | ||
| 6/1/19 | $935,000 | 2.00% | 1.20% | ||
| 6/1/20 | $720,000 | 2.00% | 1.40% | ||
| 6/1/21 | $735,000 | 2.00% | 1.60% | ||
| 6/1/22 | $355,000 | 2.00% | 1.85% | ||
| 6/1/23 | $360,000 | 2.00% | 2.00% | ||
| 6/1/24 | $370,000 | 2.15% | 2.15% | ||
| 6/1/25 | $375,000 | 2.35% | 2.35% | ||
| 6/1/26 | $390,000 | 2.50% | 2.50% | ||
| 6/1/27 | $395,000 | 2.60% | 2.60% | ||
| 6/1/28 | $405,000 | 2.70% | 2.70% |
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Public Financial Management, Inc., Des Moines, IA.
Other bidders were:
BOSC, TIC 2.2041%
FTN Fin Cap Mkts, TIC 2.2986%
Piper Jaffray, TIC 2.3045%
Robert W. Baird, TIC 2.3411%
Raymond James, TIC 2.3968%
Iowa Board of Regents
Feb 25, 2016 . . . . . . $19,285,000
Utility System Revenue Refunding Bonds, Series S.U.I. 2016 (The State University of Iowa) (book entry).
Dated Mar 1, 2016.
Due Nov 1, 2016 to 2028.
Callable Nov 1, 2025 at par.
Winning bid: Hutchinson Shockey, at 102.7886, TIC 1.8614%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/16 | $1,455,000 | 2.00% | 0.40% | ||
| 11/1/17 | $1,325,000 | 2.00% | 0.60% | ||
| 11/1/18 | $1,355,000 | 2.00% | 0.75% | ||
| 11/1/19 | $1,385,000 | 2.00% | 0.90% | ||
| 11/1/20 | $1,415,000 | 2.00% | 1.00% | ||
| 11/1/21 | $1,440,000 | 2.00% | 1.15% | ||
| 11/1/22 | $1,465,000 | 2.00% | 1.39% | ||
| 11/1/23 | $1,510,000 | 2.00% | 1.55% | ||
| 11/1/24 | $1,530,000 | 2.00% | 1.70% | ||
| 11/1/25 | $1,545,000 | 2.00% | 1.85% | ||
| 11/1/26 | $1,580,000 | 2.00% | 2.00% | ||
| 11/1/27 | $1,615,000 | 3.00% | 2.15% | ||
| 11/1/28 | $1,665,000 | 3.00% | 2.30% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
JPMorgan, TIC 1.9086%
Robert W. Baird, TIC 1.9411%
Morgan Stanley, TIC 1.9616%
Wells Fargo Secs, TIC 1.9879%
BA Merrill Lynch, TIC 2.085%
Iowa Board of Regents
Feb 25, 2016 . . . . . . $23,765,000
Dormitory Revenue Bonds, Series U.N.I. 2016 (University of Northern Iowa) (book entry).
Dated Mar 1, 2016.
Due Jul 1, 2018 to 2037.
Callable Jul 1, 2026 at par.
Winning bid: Piper Jaffray, at 103.0630, TIC 2.7256%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/18 | $1,190,000 | 3.00% | 0.75% | ||
| 7/1/19 | $1,190,000 | 3.00% | 0.93% | ||
| 7/1/20 | $1,190,000 | 3.00% | 1.09% | ||
| 7/1/21 | $1,190,000 | 3.00% | 1.25% | ||
| 7/1/22 | $1,190,000 | 3.00% | 1.46% | ||
| 7/1/23 | $1,190,000 | 3.00% | 1.69% | ||
| 7/1/24 | $1,190,000 | 3.00% | 1.88% | ||
| 7/1/25 | $1,190,000 | 3.00% | 2.05% | ||
| 7/1/26 | $1,190,000 | 3.00% | 2.20% | ||
| 7/1/27 | $1,190,000 | 3.00% | 2.35% | ||
| 7/1/28 | $1,190,000 | 3.00% | 2.55% | ||
| 7/1/29 | $1,190,000 | 3.00% | 2.68% | ||
| 7/1/30 | $1,190,000 | 3.00% | 2.80% | ||
| 7/1/31 | $1,185,000 | 3.00% | 3.00% | ||
| 7/1/32 | $1,185,000 | 3.00% | 3.09% | ||
| 7/1/33 | $1,185,000 | 3.00% | 3.14% | ||
| 7/1/34 | $1,185,000 | 3.00% | 3.19% | ||
| 7/1/35 | $1,185,000 | 3.125% | 3.24% | ||
| 7/1/36 | $1,185,000 | 3.125% | 3.29% | ||
| 7/1/37 | $1,185,000 | 3.25% | 3.34% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Wells Fargo Secs, TIC 2.7397%
Robert W. Baird, TIC 2.7424%
Hutchinson Shockey, TIC 2.8106%
BA Merrill Lynch, TIC 2.8644%
JPMorgan, TIC 3.0126%
KANSAS
Wyandotte County/Kansas City Unified Government
Feb 25, 2016 . . . . . . $19,675,000
General Obligation Refunding Bonds, Series 2016-B (book entry).
Dated Mar 17, 2016.
Due Aug 1, 2018 to 2028.
Callable Aug 1, 2025 at par.
Winning bid: Morgan Stanley, at 114.3479, TIC 1.8901%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $1,265,000 | 5.00% | 0.80% | ||
| 8/1/19 | $1,620,000 | 5.00% | 0.97% | ||
| 8/1/20 | $1,760,000 | 5.00% | 1.10% | ||
| 8/1/21 | $1,840,000 | 5.00% | 1.25% | ||
| 8/1/22 | $1,915,000 | 5.00% | 1.44% | ||
| 8/1/23 | $2,005,000 | 5.00% | 1.64% | ||
| 8/1/24 | $2,095,000 | 5.00% | 1.81% | ||
| 8/1/25 | $2,185,000 | 5.00% | 1.95% | ||
| 8/1/26 | $2,275,000 | 2.125% | 2.20% | ||
| 8/1/27 | $2,310,000 | 2.25% | 2.401% | ||
| 8/1/28 | $405,000 | 3.00% | 2.60% |
Other managers: Jefferies LLC, Raymond James & Associates, Inc., FTN Financial Capital Markets, Ramirez & Co., Inc..
L.O.: Gilmore & Bell, Kansas City, MO.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Robert W. Baird, TIC 1.944%
Janney Montgomery, TIC 1.9768%
JPMorgan, TIC 1.9963%
Hutchinson Shockey, TIC 2.0341%
KENTUCKY
Erlanger-Elsmere Independent School District Finance Corporation
Feb 25, 2016 . . . . . . $4,195,000
School Building Refunding Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Mar 1, 2016.
Due May 1, 2016 to 2027.
Callable May 1, 2026 at par.
Winning bid: Stifel Nicolaus, at 101.1982, NIC 2.1353%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/16 | $45,000 | 2.00% | 0.75% | ||
| 5/1/17 | $40,000 | 2.00% | 1.00% | ||
| 5/1/18 | $140,000 | 2.00% | 1.00% | ||
| 5/1/19 | $405,000 | 2.00% | 1.15% | ||
| 5/1/20 | $410,000 | 2.00% | 1.30% | ||
| 5/1/21 | $420,000 | 2.00% | 1.50% | ||
| 5/1/22 | $430,000 | 2.00% | 1.75% | ||
| 5/1/23 | $440,000 | 2.00% | 1.875% | ||
| 5/1/24 | $445,000 | 2.50% | 2.00% | ||
| 5/1/25 | $460,000 | 2.50% | 2.125% | ||
| 5/1/26 | $475,000 | 2.50% | 2.25% | ||
| 5/1/27 | $485,000 | 2.50% | 2.40% |
Other managers: BOSC, Inc., SunTrust Robinson Humphrey.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
Robert W. Baird, NIC 2.1547%
J.J.B. Hilliard, NIC 2.1882%
City Securities, NIC 2.2193%
Raymond James, NIC 2.3094%
Spencer County School District Finance Corporation
Feb 25, 2016 . . . . . . $10,055,000
School Building Refunding Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (book entry).
Dated Mar 17, 2016.
Due Aug 1, 2016 to 2027.
Non-callable.
Winning bid: Morgan Stanley, at 100.5461, NIC 2.5799%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/16 | $405,000 | 2.00% | 0.55% | ||
| 8/1/17 | $375,000 | 2.00% | 0.85% | ||
| 8/1/18 | $380,000 | 2.00% | 1.03% | ||
| 8/1/19 | $390,000 | 2.00% | 1.26% | ||
| 8/1/20 | $400,000 | 2.00% | 1.45% | ||
| 8/1/21 | $440,000 | 3.00% | 1.62% | ||
| 8/1/22 | $450,000 | 3.00% | 1.85% | ||
| 8/1/23 | $465,000 | 3.00% | 2.05% | ||
| 8/1/24 | $525,000 | 2.00% | 2.263% | ||
| 8/1/25 | $1,995,000 | 3.00% | 2.40% | ||
| 8/1/26 | $2,105,000 | 2.50% | 2.56% | ||
| 8/1/27 | $2,125,000 | 2.625% | 2.78% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, Fidelity Capital Markets, The Williams Capital Group, L.P., Intercoastal Capital Markets, Inc., Ramirez & Co., Inc..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
Hutchinson Shockey, NIC 2.5806%
J.J.B. Hilliard, NIC 2.5851%
BA Merrill Lynch, NIC 2.5937%
Robert W. Baird, NIC 2.6636%
Western Kentucky University
Feb 25, 2016 . . . . . . $23,240,000
General Receipts Refunding Bonds, 2016 Series A (State Intercept Program) (book entry).
Dated Mar 17, 2016.
Due Sep 1, 2017 to 2026.
Callable Sep 1, 2025 at par.
Winning bid: Citigroup, at n/a, TIC 2.1505%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $1,960,000 | 2.00% | 0.75% | ||
| 9/1/18 | $2,010,000 | 3.00% | 0.95% | ||
| 9/1/19 | $2,070,000 | 3.00% | 1.15% | ||
| 9/1/20 | $2,145,000 | 4.00% | 1.34% | ||
| 9/1/21 | $2,235,000 | 4.00% | 1.58% | ||
| 9/1/22 | $2,325,000 | 4.00% | 1.81% | ||
| 9/1/23 | $2,430,000 | 5.00% | 2.05% | ||
| 9/1/24 | $2,555,000 | 5.00% | 2.21% | ||
| 9/1/25 | $2,690,000 | 5.00% | 2.34% | ||
| 9/1/26 | $2,820,000 | 5.00% | 2.47% |
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., R. Seelaus & Co., Inc., Hilltop Securities Inc., Roosevelt & Cross, Inc., Fifth Third Securities, Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities.
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Hutchinson Shockey, TIC 2.2018%
Robert W. Baird, TIC 2.2234%
Fidelity Capital, TIC 2.5269%
MASSACHUSETTS
Danvers (Town)
Feb 25, 2016 . . . . . . $6,165,000
General Obligation Refunding Bonds (book entry).
Dated Mar 9, 2016.
Due Jul 1, 2019 to 2028.
Non-callable.
Winning bid: Janney Montgomery, at 116.7632, TIC 1.438%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/19 | $790,000 | 4.00% | 0.70% | ||
| 7/1/20 | $780,000 | 4.00% | 0.82% | ||
| 7/1/21 | $775,000 | 4.00% | 0.95% | ||
| 7/1/22 | $765,000 | 4.00% | 1.13% | ||
| 7/1/23 | $730,000 | 4.00% | 1.32% | ||
| 7/1/24 | $710,000 | 4.00% | 1.48% | ||
| 7/1/25 | $645,000 | 4.00% | 1.62% | ||
| 7/1/26 | $475,000 | 4.00% | 1.78% | ||
| 7/1/27 | $285,000 | 4.00% | 1.91% | ||
| 7/1/28 | $210,000 | 4.00% | 2.06% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Fidelity Capital, TIC 1.4895%
JPMorgan, TIC 1.5233%
Robert W. Baird, TIC 1.531%
UBS Financial Svcs, TIC 1.6749%
MICHIGAN
New Baltimore (City)
Feb 25, 2016 . . . . . . $1,205,000
2016 Special Assessment Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Mar 10, 2016.
Due Nov 1, 2016 to 2025.
Callable Nov 1, 2023 at par.
Winning bid: Robert W. Baird, at 100.9440, TIC 1.8172%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/16 | $85,000 | 2.00% | 0.65% | ||
| 11/1/17 | $120,000 | 2.00% | 0.90% | ||
| 11/1/18 | $125,000 | 2.00% | 1.05% | ||
| 11/1/19 | $125,000 | 2.00% | 1.15% | ||
| 11/1/20 | $125,000 | 2.00% | 1.25% | ||
| 11/1/21 | $125,000 | 2.00% | 1.35% | ||
| 11/1/22 | $125,000 | 2.00% | 1.55% | ||
| 11/1/23 | $125,000 | 2.00% | 1.75% | ||
| 11/1/24 | $125,000 | 2.00% | 1.90% | ||
| 11/1/25 | $125,000 | 2.00% | 2.00% |
Other managers: CL King & Associates, Northland Securities, Inc., Ross, Sinclaire & Associates LLC, WNJ Capital, Edward Jones, SAMCO Capital Markets, SumRidge Partners, LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, 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..
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
Other bidders were:
Fifth Third Secs, TIC 1.9965%
MINNESOTA
Burnsville-Eagan-Savage Independent School District No. 191
Feb 25, 2016 . . . . . . $36,715,000
General Obligation Alternative Facilities Refunding Bonds, Series 2016A (MN SD Credit Enhancement Program) (book entry).
Dated Mar 15, 2016.
Due Feb 1, 2018 to 2033.
Callable Feb 1, 2025 at par.
Winning bid: Robert W. Baird, at 109.7253, TIC 2.4723%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $420,000 | 2.00% | 0.64% | ||
| 2/1/19 | $2,060,000 | 2.00% | 0.80% | ||
| 2/1/20 | $2,095,000 | 2.00% | 0.90% | ||
| 2/1/21 | $2,135,000 | 5.00% | 1.03% | ||
| 2/1/22 | $2,265,000 | 5.00% | 1.23% | ||
| 2/1/23 | $2,390,000 | 5.00% | 1.45% | ||
| 2/1/24 | $2,535,000 | 3.00% | 1.63% | ||
| 2/1/25 | $2,580,000 | 4.00% | 1.79% | ||
| 2/1/26 | $2,655,000 | 3.00% | 1.94% | ||
| 2/1/27 | $2,760,000 | 4.00% | 2.15% | ||
| 2/1/28 | $2,325,000 | 4.00% | 2.25% | ||
| 2/1/29 | $2,400,000 | 4.00% | 2.35% | ||
| 2/1/30 | $2,480,000 | 4.00% | 2.45% | ||
| 2/1/33 | $7,615,000 | 3.00% | 3.00% |
Other managers: CL King & Associates, Cronin & Co., Inc., Edward Jones, Fidelity Capital Markets, Ross, Sinclaire & Associates LLC, WNJ Capital, SAMCO Capital Markets, Coastal Securities Corp., Crews & Associates, Inc., Davenport & Company LLC, Loop Capital Markets, LLC, Northland Securities, Inc., Dougherty & Company LLC, Oppenheimer & Co., Inc., Duncan-Williams, Inc., Vining-Sparks IBG, Limited Partnership, IFS Securities, Bernardi Securities, Inc., Country Club Bank, Sierra Pacific Securities, Alamo Capital, Bank of New York Mellon Capital Markets, LLC, Isaak Bond Investments, Inc., Wayne Hummer & Co., SumRidge Partners, LLC, W.H. Mell Associates, Inc., First Empire Securities, RBC Capital Markets, Rafferty Capital Markets LLC, Midland Securities Ltd.
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 2.4787%
BA Merrill Lynch, TIC 2.4917%
Wells Fargo Secs, TIC 2.4946%
Citigroup, TIC 2.5003%
Barclays Capital, TIC 2.5486%
Hutchinson Shockey, TIC 2.6021%
NEW JERSEY
Andover Borough
Feb 25, 2016 . . . . . . $320,000
Bond Anticipation Note (bank qualified) (book entry).
Dated Mar 3, 2016.
Due Mar 6, 2017.
Purchased $320,000.00 by Sussex Co. St Bk, at 1.4%, effective rate 1.4%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Beachwood Borough
Feb 25, 2016 . . . . . . $9,900,000
$6,490,000 General Improvement Bond Anticipation Notes & $3,410,000 Water Utility Bond Anticipation Notes (book entry).
Dated Mar 8, 2016.
Due Mar 8, 2017.
Purchased $9,900,000.00 by TD Bank, N.A., at 0.73%, effective rate 0.73%.
L.O.: GluckWalrath, LLP, Trenton, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
TD Securities, Effective Rate 0.86%
Jefferies, Effective Rate 0.885%
Oppenheimer, Effective Rate 0.975%
Roselle Borough
Feb 25, 2016 . . . . . . $2,045,025
Bond Anticipation Note (bank qualified).
Dated Mar 4, 2016.
Due May 3, 2016.
Purchased $2,045,030.00 by Jefferies, at 1.25%, plus $6,238.00, effective rate 0.944%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.2816%
Roselle Borough
Feb 25, 2016 . . . . . . $6,979,670
Bond Anticipation Note (bank qualified).
Dated Mar 4, 2016.
Due Mar 3, 2017.
Purchased $6,979,670.00 by Jefferies, at 1.25%, plus $22,825.00, effective rate 0.922%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.0855%
NEW YORK
Dunkirk (City)
Feb 25, 2016 . . . . . . $8,350,000
Bond Anticipation Notes, 2016.
Dated Mar 24, 2016.
Due Mar 23, 2017.
Purchased $8,350,000.00 by TD Securities, at 2.0%, plus $89,512.00, effective rate 0.925%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.9347%
Eden (Town)
Feb 25, 2016 . . . . . . $3,115,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Mar 10, 2016.
Due Mar 9, 2017.
Purchased $3,115,000.00 by Oppenheimer, at 2.0%, plus $15,917.00, effective rate 1.4876%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Katonah-Lewisboro Union Free School District
Feb 25, 2016 . . . . . . $7,370,000
School District Refunding Serial Bonds-2016 Series A (book entry).
Dated Mar 17, 2016.
Due Nov 15, 2016 to 2023.
Non-callable.
Winning bid: FTN Fin Cap Mkts, at n/a, TIC 1.0269%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/16 | $780,000 | 5.00% | 0.40% | ||
| 11/15/17 | $820,000 | 5.00% | 0.50% | ||
| 11/15/18 | $850,000 | 5.00% | 0.61% | ||
| 11/15/19 | $900,000 | 5.00% | 0.71% | ||
| 11/15/20 | $925,000 | 5.00% | 0.85% | ||
| 11/15/21 | $990,000 | 5.00% | 1.00% | ||
| 11/15/22 | $1,035,000 | 4.00% | 1.17% | ||
| 11/15/23 | $1,070,000 | 4.00% | 1.35% |
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Janney Montgomery, TIC 1.0321%
JPMorgan, TIC 1.0353%
Fidelity Capital, TIC 1.0472%
Roosevelt & Cross, TIC 1.0502%
Robert W. Baird, TIC 1.0615%
BA Merrill Lynch, TIC 1.2145%
New York City Municipal Water Finance Authority
Feb 25, 2016 . . . . . . $196,585,000
Water and Sewer System Revenue Bonds, Fiscal 2016 Series A (book entry).
Dated Mar 17, 2016.
Due Jun 15, 2028 to 2036.
Callable Jun 15, 2026 at par.
Winning bid: Citigroup, at 110.4791, TIC 3.1501%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/28 | $6,275,000 | 5.00% | 2.15% | ||
| 6/15/32 | $122,380,000 | 4.50% | 2.53% | ||
| 6/15/36 | $67,930,000 | 3.00% | 3.20% |
Other managers: Ramirez & Co., Inc., Roosevelt & Cross, Inc., Siebert, Brandford, Shank & Co., LLC, The Williams Capital Group, L.P., Piper Jaffray & Company, Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Stifel, Nicolaus & Co., Inc., UBS Financial Services, Inc., Bank of New York Mellon Capital Markets, LLC, Hilltop Securities Inc., Ross, Sinclaire & Associates LLC, Wiley Bros.-Aintree Capital LLC, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc., Edward Jones, Mischler Financial Group, Inc., Mesirow Financial, Inc., FTN Financial Capital Markets, Sterne, Agee & Leach, Inc, Rice Financial Products Company.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Lamont Financial Services Corporation, Fairfield, NJ; and Drexel Hamilton, LLC., New York, NY.
Other bidders were:
Morgan Stanley, TIC 3.1508%
BA Merrill Lynch, TIC 3.1604%
Goldman Sachs, TIC 3.2075%
RBC Capital Mkts, TIC 3.2081%
Wells Fargo Secs, TIC 3.234%
Raymond James, TIC 3.2396%
JPMorgan, TIC 3.2435%
Jefferies, TIC 3.2439%
Barclays Capital, TIC 3.3583%
PNC Capital Markets, TIC 3.37%
Poughkeepsie (Town)
Feb 25, 2016 . . . . . . $2,935,000
Bond Anticipation Notes, 2016 Series A (bank qualified).
Dated Mar 10, 2016.
Due Mar 10, 2017.
Purchased $2,935,000.00 by Oppenheimer, at 2.0%, plus $23,920.00, effective rate 1.185%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Jefferies, Effective Rate 1.2449%
Three Village Central School District
Feb 24, 2016 . . . . . . $16,170,000
School District Refunding Serial Bonds-2016 (book entry).
Dated Mar 17, 2016.
Due Dec 15, 2016 to 2029.
Callable Dec 15, 2026 at par.
Winning bid: Citigroup, at 117.3035, TIC 1.8072%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/16 | $5,000 | 4.00% | 0.35% | ||
| 12/15/17 | $5,000 | 4.00% | 0.50% | ||
| 12/15/18 | $1,095,000 | 4.00% | 0.60% | ||
| 12/15/19 | $1,135,000 | 4.00% | 0.72% | ||
| 12/15/20 | $1,180,000 | 4.00% | 0.85% | ||
| 12/15/21 | $1,225,000 | 4.00% | 1.00% | ||
| 12/15/22 | $1,270,000 | 4.00% | 1.15% | ||
| 12/15/23 | $1,330,000 | 4.00% | 1.35% | ||
| 12/15/24 | $1,370,000 | 4.00% | 1.53% | ||
| 12/15/25 | $1,410,000 | 4.00% | 1.68% | ||
| 12/15/26 | $1,455,000 | 4.00% | 1.80% | ||
| 12/15/27 | $1,510,000 | 4.00% | 1.94% | ||
| 12/15/28 | $1,565,000 | 4.00% | 2.03% | ||
| 12/15/29 | $1,615,000 | 4.00% | 2.10% |
Other managers: Ramirez & Co., Inc., Roosevelt & Cross, Inc., UBS Financial Services, Inc., Siebert, Brandford, Shank & Co., LLC, The Williams Capital Group, L.P., Bank of New York Mellon Capital Markets, LLC, Oppenheimer & Co., Inc., M & T Securities, Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates LLC, Wiley Bros.-Aintree Capital LLC, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc., Edward Jones.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Janney Montgomery, TIC 1.8108%
Robert W. Baird, TIC 1.8535%
JPMorgan, TIC 1.8752%
Raymond James, TIC 1.9899%
Tonawanda City School District
Feb 25, 2016 . . . . . . $8,595,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Mar 9, 2016.
Due Sep 1, 2016.
Purchased $8,595,000.00 by TD Securities, at 1.5%, plus $35,497.35, effective rate 0.6356%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Jefferies, Effective Rate 0.7446%
JPMorgan Chase, Effective Rate 0.91%
Oppenheimer, Effective Rate 0.9367%
M & T Bank, Effective Rate 1.18%
Washingtonville Village
Feb 25, 2016 . . . . . . $1,580,000
Bond Anticipation Notes - 2016 Series B (bank qualified).
Dated Mar 9, 2016.
Due Mar 9, 2017.
Purchased $1,580,000.00 by TD Bank, N.A., at 1.23%, effective rate 1.23%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.2513%
Oppenheimer, Effective Rate 1.285%
Flushing Comm Bk, Effective Rate 1.5%
Westhampton Beach Fire District
Feb 25, 2016 . . . . . . $15,000,000
Fire District Serial Bonds - 2016 (book entry).
Dated Mar 10, 2016.
Due Mar 1, 2017 to 2036.
Callable Mar 1, 2024 at par.
Winning bid: Robert W. Baird, at 101.2745, NIC 2.5832%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $435,000 | 2.00% | 0.45% | ||
| 3/1/18 | $620,000 | 2.00% | 0.55% | ||
| 3/1/19 | $635,000 | 2.00% | 0.70% | ||
| 3/1/20 | $650,000 | 2.00% | 0.80% | ||
| 3/1/21 | $660,000 | 2.00% | 0.90% | ||
| 3/1/22 | $675,000 | 2.00% | 1.10% | ||
| 3/1/23 | $685,000 | 2.00% | 1.30% | ||
| 3/1/24 | $700,000 | 2.00% | 1.50% | ||
| 3/1/25 | $715,000 | 2.00% | 1.65% | ||
| 3/1/26 | $735,000 | 2.00% | 1.80% | ||
| 3/1/27 | $750,000 | 2.00% | 2.00% | ||
| 3/1/28 | $765,000 | 2.125% | 2.20% | ||
| 3/1/29 | $785,000 | 3.00% | 2.35% | ||
| 3/1/30 | $810,000 | 3.00% | 2.50% | ||
| 3/1/31 | $830,000 | 3.00% | 2.60% | ||
| 3/1/32 | $855,000 | 3.00% | 2.70% | ||
| 3/1/33 | $885,000 | 3.00% | 2.80% | ||
| 3/1/34 | $910,000 | 3.00% | 2.90% | ||
| 3/1/35 | $940,000 | 3.00% | 3.00% | ||
| 3/1/36 | $960,000 | 3.00% | 3.03% |
Other managers: CL King & Associates, WNJ Capital, Eastern Bank Capital Markets, SumRidge Partners, LLC, SAMCO Capital Markets, Crews & Associates, Inc., Loop Capital Markets, LLC, Davenport & Company LLC, Bernardi Securities, Inc., Wayne Hummer & Co., Cronin & Co., Inc., Sierra Pacific Securities, Alamo Capital, First Empire Securities, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, Midland Securities Ltd.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Fidelity Capital, NIC 2.5897%
UBS Financial Svcs, NIC 2.615%
BA Merrill Lynch, NIC 2.6481%
SOUTH CAROLINA
Anderson County School District No. 5
Feb 25, 2016 . . . . . . $38,000,000
General Obligation Bonds, Series 2016B (South Carolina State School District Credit Enhancement Program) (book entry).
Dated Mar 16, 2016.
Due Mar 1, 2017 to 2031.
Callable Mar 1, 2026 at par.
Winning bid: Mesirow Financial, at 117.6564, TIC 2.2132%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $3,075,000 | 4.00% | 0.45% | ||
| 3/1/18 | $1,605,000 | 4.00% | 0.60% | ||
| 3/1/19 | $1,725,000 | 5.00% | 0.75% | ||
| 3/1/20 | $1,860,000 | 5.00% | 0.88% | ||
| 3/1/21 | $1,995,000 | 5.00% | 1.00% | ||
| 3/1/22 | $2,145,000 | 5.00% | 1.20% | ||
| 3/1/23 | $2,300,000 | 5.00% | 1.40% | ||
| 3/1/24 | $2,460,000 | 5.00% | 1.60% | ||
| 3/1/25 | $2,630,000 | 5.00% | 1.75% | ||
| 3/1/26 | $2,815,000 | 5.00% | 1.88% | ||
| 3/1/27 | $3,005,000 | 5.00% | 2.00% | ||
| 3/1/28 | $3,200,000 | 5.00% | 2.10% | ||
| 3/1/29 | $3,415,000 | 5.00% | 2.18% | ||
| 3/1/30 | $3,610,000 | 3.25% | 2.76% | ||
| 3/1/31 | $2,160,000 | 3.25% | 2.85% |
L.O.: McNair Law Firm, Greenville, SC.
F.A.: Compass Municpal Advisors, Columbia, SC.
Other bidders were:
Piper Jaffray, TIC 2.2224%
Citigroup, TIC 2.2299%
PNC Capital Markets, TIC 2.2337%
BA Merrill Lynch, TIC 2.2637%
Raymond James, TIC 2.271%
JPMorgan, TIC 2.3029%
Robert W. Baird, TIC 2.3143%
Wells Fargo Secs, TIC 2.326%
TEXAS
Brazoria County Municipal Utility District No. 34
Feb 25, 2016 . . . . . . $5,520,000
Unlimited Tax Bonds, Series 2016 (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Sep 1, 2018 to 2036.
Callable Sep 1, 2023 at par.
Winning bid: Raymond James, at 98.3949, NIC 2.9679%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/18 | $210,000 | 1.20% | 1.20% | NPFGC | |
| 9/1/19 | $210,000 | 1.30% | 1.30% | NPFGC | |
| 9/1/20 | $210,000 | 1.45% | 1.45% | NPFGC | |
| 9/1/21 | $225,000 | 2.00% | 1.75% | NPFGC | |
| 9/1/22 | $230,000 | 2.00% | 1.90% | NPFGC | |
| 9/1/23 | $240,000 | 2.00% | 2.00% | NPFGC | |
| 9/1/24 | $250,000 | 2.25% | 2.15% | NPFGC | |
| 9/1/25 | $260,000 | 2.25% | 2.25% | NPFGC | |
| 9/1/27 | $555,000 | 2.50% | 2.50% | NPFGC | |
| 9/1/29 | $600,000 | 3.00% | 2.75% | NPFGC | |
| 9/1/30 | $325,000 | 3.00% | 2.90% | NPFGC | |
| 9/1/31 | $335,000 | 3.00% | 3.00% | NPFGC | |
| 9/1/32 | $355,000 | 3.00% | 3.05% | NPFGC | |
| 9/1/33 | $370,000 | 3.125% | 3.15% | NPFGC | |
| 9/1/34 | $395,000 | 3.125% | 3.20% | NPFGC | |
| 9/1/35 | $410,000 | 3.125% | 3.25% | NPFGC | |
| 9/1/36 | $340,000 | 3.125% | 3.30% | NPFGC |
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 2.9984%
RBC Capital Mkts, NIC 3.0342%
Hilltop Securities, NIC 3.0379%
Morgan Stanley, NIC 3.1822%
Stifel Nicolaus, NIC 3.3141%
Higgins Independent School District
Feb 25, 2016 . . . . . . $1,995,000
Unlimited Tax School Building Bonds, Series 2016 (bank qualified) (book entry).
Dated Feb 15, 2016.
Due Feb 15, 2017 to 2021.
Non-callable.
Winning bid: Coastal Securities, at 103.2709, TIC 1.0881%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/17 | $95,000 | 2.00% | 0.60% | PSF | |
| 2/15/18 | $110,000 | 2.00% | 0.75% | PSF | |
| 2/15/19 | $585,000 | 2.00% | 0.85% | PSF | |
| 2/15/20 | $595,000 | 2.00% | 0.95% | PSF | |
| 2/15/21 | $610,000 | 2.00% | 1.10% | PSF |
Other managers: Crews & Associates, Inc., M. E. Allison & Co., Inc., SAMCO Capital Markets, Wells Nelson & Associates, LLC.
L.O.: Underwood Law Firm, Amarillo, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX.
Other bidders were:
Robert W. Baird, TIC 1.1691%
Stifel Nicolaus, TIC 1.2665%
Raymond James, TIC 1.387%
Hilltop Securities, TIC 1.3958%
Travis County Water Control and Improvement District-Point Venture
Feb 25, 2016 . . . . . . $7,375,000
Unlimited Tax Bonds, Series 2016 (bank qualified) (book entry).
Dated Feb 15, 2016.
Due Aug 15, 2017 to 2036.
Callable Aug 15, 2023 at par.
Winning bid: Hutchinson Shockey, at 97.2487, NIC 3.2307%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $30,000 | 2.00% | 1.00% | AGM | |
| 8/15/18 | $265,000 | 2.00% | 1.25% | AGM | |
| 8/15/19 | $275,000 | 2.00% | 1.50% | AGM | |
| 8/15/20 | $285,000 | 2.00% | 1.65% | AGM | |
| 8/15/21 | $295,000 | 2.00% | 1.85% | AGM | |
| 8/15/22 | $310,000 | 2.00% | 2.00% | AGM | |
| 8/15/23 | $320,000 | 3.00% | 2.20% | AGM | |
| 8/15/24 | $335,000 | 3.00% | 2.35% | AGM | |
| 8/15/25 | $350,000 | 3.00% | 2.40% | AGM | |
| 8/15/26 | $360,000 | 3.00% | 2.55% | AGM | |
| 8/15/27 | $375,000 | 3.00% | 2.70% | AGM | |
| 8/15/28 | $395,000 | 3.00% | 2.85% | AGM | |
| 8/15/29 | $410,000 | 3.00% | 3.00% | AGM | |
| 8/15/30 | $425,000 | 3.00% | 3.05% | AGM | |
| 8/15/31 | $445,000 | 3.00% | 3.10% | AGM | |
| 8/15/32 | $460,000 | 3.00% | 3.20% | AGM | |
| 8/15/34 | $980,000 | 3.125% | 3.40% | AGM | |
| 8/15/36 | $1,060,000 | 3.25% | 3.50% | AGM |
L.O.: Andrews Kurth LLP, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 3.2505%
RBC Capital Mkts, NIC 3.2574%
FMSbonds, NIC 3.3685%
UTAH
Cache County School District Board of Education
Feb 25, 2016 . . . . . . $43,810,000
General Obligation School Building and Refunding Bonds (Utah School Bond Guaranty Program), Series 2016 (book entry).
Dated Mar 17, 2016.
Due Jun 15, 2017 to 2035.
Callable Jun 15, 2026 at par.
Winning bid: BA Merrill Lynch, at 112.7756, TIC 2.5156%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $1,050,000 | 5.00% | 0.48% | ||
| 6/15/18 | $1,950,000 | 5.00% | 0.64% | ||
| 6/15/19 | $2,010,000 | 5.00% | 0.79% | ||
| 6/15/20 | $2,060,000 | 5.00% | 0.91% | ||
| 6/15/21 | $2,210,000 | 5.00% | 1.06% | ||
| 6/15/22 | $2,825,000 | 5.00% | 1.30% | ||
| 6/15/23 | $2,485,000 | 5.00% | 1.50% | ||
| 6/15/24 | $2,580,000 | 5.00% | 1.62% | ||
| 6/15/25 | $1,950,000 | 4.00% | 1.78% | ||
| 6/15/26 | $2,050,000 | 4.00% | 1.92% | ||
| 6/15/27 | $2,150,000 | 4.00% | 2.10% | ||
| 6/15/28 | $2,240,000 | 4.00% | 2.28% | ||
| 6/15/29 | $2,330,000 | 4.00% | 2.43% | ||
| 6/15/30 | $2,425,000 | 4.00% | 2.56% | ||
| 6/15/31 | $2,525,000 | 4.00% | 2.70% | ||
| 6/15/32 | $2,600,000 | 4.00% | 2.79% | ||
| 6/15/33 | $2,700,000 | 3.00% | 3.00% | ||
| 6/15/34 | $2,790,000 | 3.00% | 3.04% | ||
| 6/15/35 | $2,880,000 | 3.00% | 3.09% |
L.O.: Chapman and Cutler LLP, Salt Lake City, UT.
F.A.: George K. Baum & Co., Salt Lake City, UT.
Other bidders were:
Wells Fargo Secs, TIC 2.5186%
JPMorgan, TIC 2.5474%
Robert W. Baird, TIC 2.5577%
Piper Jaffray, TIC 2.5598%
Raymond James, TIC 2.5659%
Citigroup, TIC 2.5698%
Morgan Stanley, TIC 2.5997%
Hutchinson Shockey, TIC 2.6004%
FTN Fin Cap Mkts, TIC 2.6111%
TAXABLE ISSUES
NEW YORK
Katonah-Lewisboro Union Free School District
Feb 25, 2016 . . . . . . $1,540,000
School District Refunding Serial Bonds-2016 Series B (Federally Taxable) (book entry).
Dated Mar 17, 2016.
Due Nov 15, 2016 to 2023.
Non-callable.
Winning bid: Robert W. Baird, at n/a, TIC 1.8908%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/16 | $175,000 | 3.00% | 0.70% | ||
| 11/15/17 | $185,000 | 3.00% | 0.90% | ||
| 11/15/18 | $180,000 | 3.00% | 1.15% | ||
| 11/15/19 | $190,000 | 3.00% | 1.35% | ||
| 11/15/20 | $190,000 | 3.00% | 1.60% | ||
| 11/15/21 | $200,000 | 3.00% | 1.80% | ||
| 11/15/22 | $205,000 | 3.00% | 2.00% | ||
| 11/15/23 | $215,000 | 3.00% | 2.20% |
Other managers: CL King & Associates, WNJ Capital, Eastern Bank Capital Markets, SumRidge Partners, LLC, SAMCO Capital Markets, Crews & Associates, Inc., Loop Capital Markets, LLC, Vining-Sparks IBG, Limited Partnership, Davenport & Company LLC, Wayne Hummer & Co., Cronin & Co., Inc., Sierra Pacific Securities, Alamo Capital, First Empire Securities, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Roosevelt & Cross, TIC 1.9167%
Bernardi Securities, TIC 1.9773%
