CONNECTICUT
Watertown (Town)
Mar 15, 2016 . . . . . . $6,400,000
General Obligation Bond Anticipation Notes.
Dated Mar 24, 2016.
Due Oct 26, 2016.
Purchased $6,400,000.00 by Eastern Bk Cap Mkts, at 1.5%, plus $31,319.47, effective rate 0.669%.
L.O.: Day Pitney LLP, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
TD Bank, N.A., Effective Rate 0.7%
TD Securities, Effective Rate 0.7834%
Jefferies, Effective Rate 1.066%
ILLINOIS
Palatine Community Consolidated School District No. 15
Mar 15, 2016 . . . . . . $15,675,000
General Obligation Limited Tax School Bonds Series 2016 (book entry).
Dated Mar 30, 2016.
Due Jun 1, 2016 to Dec 1, 2027.
Callable Dec 1, 2025 at par.
Winning bid: Citigroup, at n/a, TIC 2.7251%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $1,760,000 | 5.00% | 0.45% | ||
| 12/1/21 | $300,000 | 5.00% | 1.73% | ||
| 12/1/22 | $420,000 | 5.00% | 1.95% | ||
| 12/1/23 | $555,000 | 5.00% | 2.15% | ||
| 12/1/24 | $3,865,000 | 5.00% | 2.33% | ||
| 12/1/25 | $2,840,000 | 5.00% | 2.50% | ||
| 12/1/26 | $3,075,000 | 5.00% | 2.61% | ||
| 12/1/27 | $2,860,000 | 5.00% | 2.70% |
Other managers: J.P. Morgan Securities LLC.
In association with: Siebert, Brandford, Shank & Co., LLC., Wiley Bros.-Aintree Capital LLC, Drexel Hamilton, LLC., Roosevelt & Cross, Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: William Blair & Company, LLC, Chicago, IL.
Other bidders were:
Hutchinson Shockey, TIC 2.733%
Robert W. Baird, TIC 2.7621%
FTN Fin Cap Mkts, TIC 2.9845%
Palos Heights School District No. 128
Mar 15, 2016 . . . . . . $4,200,000
General Obligation Limited Tax School Bonds, Series 2016 (bank qualified) (book entry).
Dated Apr 5, 2016.
Due Dec 1, 2017 to 2021.
Non-callable.
Winning bid: BOSC, at n/a, TIC 1.4714%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/17 | $800,000 | 3.00% | 0.90% | ||
| 12/1/18 | $825,000 | 2.00% | 1.09% | ||
| 12/1/19 | $840,000 | 2.00% | 1.20% | ||
| 12/1/20 | $860,000 | 2.00% | 1.35% | ||
| 12/1/21 | $875,000 | 2.00% | 1.50% |
Other managers: Stifel, Nicolaus & Co., Inc., SunTrust Robinson Humphrey.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Hutchinson Shockey, TIC 1.4983%
Bernardi Securities, TIC 1.5272%
Robert W. Baird, TIC 1.5366%
Skokie Park District
Mar 15, 2016 . . . . . . $2,300,000
General Obligation Limited Tax Refunding Bonds, Series 2016B (bank qualified) (book entry).
Dated Apr 7, 2016.
Due Dec 1, 2017.
Non-callable.
Winning bid: BOSC, at 101.7460, TIC 0.9307%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/17 | $2,300,000 | 2.00% | 0.89% |
L.O.: Katten Muchin Rosenman LLP, Chicago, IL.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Mesirow Financial, TIC 0.9894%
Hutchinson Shockey, TIC 1.122%
Oppenheimer, TIC 1.197%
Raymond James, TIC 1.5021%
INDIANA
Brazil Redevelopment Authority
Mar 15, 2016 . . . . . . $2,425,000
Lease Rental Bonds of 2016 (bank qualified) (book entry).
Dated Mar 29, 2016.
Due Aug 1, 2018 to Feb 1, 2026.
Callable Aug 1, 2024 at par.
Winning bid: City Securities, at 99.6530, NIC 2.1471%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/26 | $2,425,000 | 2.10% | 2.10% |
L.O.: Bingham Greenebaum Doll LLP, Indianapolis, IN.
F.A.: Umbaugh LLP, Indianapolis, IN.
Other bidders were:
J.J.B. Hilliard, NIC 2.2875%
Huntington Pub Cap, NIC 2.6%
First Merchants Bank, NIC 2.96%
Salem Community Schools
Mar 15, 2016 . . . . . . $2,000,000
General Obligation Bonds of 2016 (bank qualified) (book entry).
Dated Apr 7, 2016.
Due Jul 15, 2021 to Jan 15, 2024.
Non-callable.
Winning bid: Fifth Third Secs, at 101.8397, NIC 1.7083%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/21 | $400,000 | 2.00% | 1.40% | ||
| 1/15/22 | $405,000 | 2.00% | 1.50% | ||
| 7/15/22 | $410,000 | 2.00% | 1.55% | ||
| 1/15/23 | $415,000 | 2.00% | 1.70% | ||
| 7/15/23 | $185,000 | 2.00% | 1.75% | ||
| 1/15/24 | $185,000 | 2.00% | 1.90% |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Indianapolis, IN.
Other bidders were:
Ross Sinclaire, NIC 1.7559%
SunTrust Robinson, NIC 1.7571%
City Securities, NIC 1.7873%
J.J.B. Hilliard, NIC 1.8165%
George K. Baum, NIC 1.8495%
First Merchants Bank, NIC 2.8178%
IOWA
Carlisle (City)
Mar 14, 2016 . . . . . . $1,325,000
Sewer Revenue Refunding Capital Loan Notes, Series 2016A (bank qualified) (book entry).
Dated Apr 13, 2016.
Due Jun 1, 2017 to 2023.
Non-callable.
Winning bid: Bankers' Bank, at n/a, TIC 1.629%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $175,000 | 1.00% | 1.00% | ||
| 6/1/18 | $180,000 | 1.10% | 1.10% | ||
| 6/1/19 | $185,000 | 1.25% | 1.25% | ||
| 6/1/20 | $190,000 | 1.40% | 1.40% | ||
| 6/1/21 | $195,000 | 1.55% | 1.55% | ||
| 6/1/22 | $200,000 | 1.70% | 1.70% | ||
| 6/1/23 | $200,000 | 1.85% | 1.85% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Public Financial Management, Inc., Des Moines, IA.
Other bidders were:
Northland Securities, TIC 1.7%
D.A. Davidson, TIC 1.7968%
Hutchinson Shockey, TIC 1.9215%
Washington (City)
Mar 15, 2016 . . . . . . $1,770,000
General Obligation Refunding Bonds, Series 2016A (bank qualified) (book entry).
Dated Apr 19, 2016.
Due Jun 1, 2018 to 2029.
Callable Jun 1, 2024 at par.
Winning bid: Northland Securities, at 100.8397, TIC 1.9251%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $120,000 | 2.00% | 0.80% | ||
| 6/1/19 | $130,000 | 2.00% | 1.00% | ||
| 6/1/20 | $135,000 | 2.00% | 1.15% | ||
| 6/1/21 | $140,000 | 2.00% | 1.30% | ||
| 6/1/22 | $140,000 | 2.00% | 1.50% | ||
| 6/1/23 | $150,000 | 2.00% | 1.60% | ||
| 6/1/24 | $155,000 | 2.00% | 1.70% | ||
| 6/1/25 | $155,000 | 2.00% | 1.80% | ||
| 6/1/26 | $160,000 | 2.00% | 1.90% | ||
| 6/1/27 | $165,000 | 2.00% | 2.00% | ||
| 6/1/28 | $170,000 | 2.10% | 2.10% | ||
| 6/1/29 | $150,000 | 2.20% | 2.20% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Public Financial Management, Inc., Des Moines, IA.
Other bidders were:
UMB Bank, TIC 2.005%
D.A. Davidson, TIC 2.1157%
Bankers' Bank, TIC 2.173%
Hutchinson Shockey, TIC 2.5221%
KANSAS
Reno County Unified School District No. 312 (Haven)
Mar 14, 2016 . . . . . . $3,000,000
General Obligation Bonds, Series 2016 (bank qualified) (book entry).
Dated Apr 1, 2016.
Due Oct 1, 2018 to 2030.
Callable Oct 1, 2025 at par.
Winning bid: UMB Bank, at 104.7774, TIC 2.0045%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/18 | $195,000 | 2.00% | 0.90% | ||
| 10/1/19 | $205,000 | 2.00% | 1.00% | ||
| 10/1/20 | $205,000 | 2.00% | 1.15% | ||
| 10/1/21 | $210,000 | 2.00% | 1.30% | ||
| 10/1/22 | $210,000 | 2.00% | 1.45% | ||
| 10/1/23 | $215,000 | 2.50% | 1.55% | ||
| 10/1/24 | $230,000 | 2.50% | 1.70% | ||
| 10/1/25 | $240,000 | 2.50% | 1.80% | ||
| 10/1/26 | $245,000 | 2.50% | 1.85% | ||
| 10/1/27 | $250,000 | 2.50% | 1.90% | ||
| 10/1/28 | $260,000 | 3.00% | 1.95% | ||
| 10/1/29 | $260,000 | 3.00% | 2.125% | ||
| 10/1/30 | $275,000 | 3.00% | 2.30% |
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: George K. Baum & Co., Wichita, KS.
Other bidders were:
First Bankers' Banc, TIC 2.0719%
Country Club Bank, TIC 2.0744%
Robert W. Baird, TIC 2.1829%
SunTrust Robinson, TIC 2.1931%
Commerce Bank, TIC 2.3199%
MASSACHUSETTS
Brookline (Town)
Mar 15, 2016 . . . . . . $500,000
General Obligation Bond Anticipation Notes (new money).
Dated Mar 29, 2016.
Due Mar 29, 2017.
Purchased $500,000.00 by Century Bk, at 0.65%, effective rate 0.65%.
L.O.: Edwards Wildman Palmer LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 0.85%
JPMorgan Chase, Effective Rate 1.2%
Brookline (Town)
Mar 15, 2016 . . . . . . $24,810,000
General Obligation Municipal Purpose Loan of 2016 Bonds (book entry).
Dated Mar 29, 2016.
Due Mar 1, 2017 to 2041.
Callable Mar 1, 2026 at par.
Winning bid: Raymond James, at 109.3921, TIC 2.3577%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $1,010,000 | 4.00% | 0.48% | ||
| 3/1/18 | $995,000 | 4.00% | 0.65% | ||
| 3/1/19 | $1,310,000 | 4.00% | 0.81% | ||
| 3/1/20 | $1,665,000 | 4.00% | 1.00% | ||
| 3/1/21 | $1,680,000 | 4.00% | 1.16% | ||
| 3/1/22 | $1,685,000 | 4.00% | 1.28% | ||
| 3/1/23 | $1,695,000 | 4.00% | 1.49% | ||
| 3/1/24 | $1,705,000 | 4.00% | 1.63% | ||
| 3/1/25 | $1,715,000 | 4.00% | 1.80% | ||
| 3/1/26 | $1,720,000 | 4.00% | 1.94% | ||
| 3/1/27 | $1,285,000 | 4.00% | 2.00% | ||
| 3/1/28 | $1,290,000 | 2.00% | 2.22% | ||
| 3/1/29 | $680,000 | 2.25% | 2.35% | ||
| 3/1/30 | $685,000 | 4.00% | 2.40% | ||
| 3/1/31 | $700,000 | 4.00% | 2.48% | ||
| 3/1/32 | $435,000 | 3.00% | 2.80% | ||
| 3/1/33 | $450,000 | 3.00% | 2.87% | ||
| 3/1/34 | $460,000 | 3.00% | 2.93% | ||
| 3/1/35 | $475,000 | 3.00% | 3.00% | ||
| 3/1/36 | $490,000 | 3.00% | 3.03% | ||
| 3/1/37 | $505,000 | 3.00% | 3.08% | ||
| 3/1/38 | $520,000 | 3.00% | 3.12% | ||
| 3/1/39 | $535,000 | 3.00% | 3.16% | ||
| 3/1/40 | $550,000 | 3.125% | 3.20% | ||
| 3/1/41 | $570,000 | 3.25% | 3.25% |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Jefferies LLC, Wedbush Securities Inc., Gates Capital Corp., Winslow, Evans & Crocker, City Securities Corp..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
PNC Capital Markets, TIC 2.399%
JPMorgan, TIC 2.4224%
Hutchinson Shockey, TIC 2.4403%
Piper Jaffray, TIC 2.4532%
Janney Montgomery, TIC 2.4551%
Robert W. Baird, TIC 2.4709%
UBS Financial Svcs, TIC 2.48%
BA Merrill Lynch, TIC 2.4968%
Cohasset (Town)
Mar 15, 2016 . . . . . . $2,820,000
General Obligation Municipal Purpose Loan of 2016 Bonds (bank qualified) (book entry).
Dated Apr 5, 2016.
Due Mar 15, 2017 to 2029.
Non-callable.
Winning bid: Robert W. Baird, at 106.3948, TIC 1.6425%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/17 | $210,000 | 2.00% | 0.55% | ||
| 3/15/18 | $210,000 | 2.00% | 0.65% | ||
| 3/15/19 | $215,000 | 2.00% | 0.82% | ||
| 3/15/20 | $265,000 | 2.00% | 0.98% | ||
| 3/15/21 | $265,000 | 2.00% | 1.18% | ||
| 3/15/22 | $265,000 | 2.00% | 1.25% | ||
| 3/15/23 | $270,000 | 3.00% | 1.40% | ||
| 3/15/24 | $270,000 | 3.00% | 1.55% | ||
| 3/15/25 | $275,000 | 3.00% | 1.65% | ||
| 3/15/26 | $280,000 | 3.00% | 1.75% | ||
| 3/15/27 | $100,000 | 3.00% | 1.90% | ||
| 3/15/28 | $100,000 | 3.00% | 2.10% | ||
| 3/15/29 | $95,000 | 3.00% | 2.30% |
Other managers: Eastern Bank Capital Markets, Ross, Sinclaire & Associates LLC, CL King & Associates, Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Oppenheimer & Co., Inc., Edward Jones, Coastal Securities Corp., SAMCO Capital Markets, Loop Capital Markets, LLC, Davenport & Company LLC, WNJ Capital, Crews & Associates, Inc., Sierra Pacific Securities, Duncan-Williams, Inc., R. Seelaus & Co., Inc., Northland Securities, Inc., Alamo Capital, Bernardi Securities, Inc., W.H. Mell Associates, Inc., SumRidge Partners, LLC, Rafferty Capital Markets LLC, Wayne Hummer & Co., IFS Securities.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Raymond James, TIC 1.6593%
Stifel Nicolaus, TIC 1.6782%
Roosevelt & Cross, TIC 1.6871%
Newburyport (City)
Mar 15, 2016 . . . . . . $2,780,000
General Obligation Refunding Bonds (bank qualified) (book entry).
Dated Mar 24, 2016.
Due Apr 15, 2017 to 2025.
Non-callable.
Winning bid: Raymond James, at 106.3767, TIC 1.2478%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/15/17 | $480,000 | 3.00% | 0.49% | ||
| 4/15/18 | $500,000 | 4.00% | 0.65% | ||
| 4/15/19 | $495,000 | 4.00% | 0.80% | ||
| 4/15/20 | $235,000 | 4.00% | 0.94% | ||
| 4/15/21 | $225,000 | 4.00% | 1.08% | ||
| 4/15/22 | $225,000 | 2.00% | 1.20% | ||
| 4/15/23 | $220,000 | 2.00% | 1.38% | ||
| 4/15/24 | $215,000 | 2.00% | 1.50% | ||
| 4/15/25 | $185,000 | 2.00% | 1.60% |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Winslow, Evans & Crocker.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
FTN Fin Cap Mkts, TIC 1.3653%
Stifel Nicolaus, TIC 1.3769%
Robert W. Baird, TIC 1.4056%
Norfolk County
Mar 15, 2016 . . . . . . $3,709,000
Bond Anticipation Notes (renewal) (bank qualified).
Dated Mar 24, 2016.
Due Aug 19, 2016.
Purchased $3,709,000.00 by TD Securities, at 1.5%, plus $14,798.91, effective rate 0.5094%.
L.O.: Eckert, Seamans, Cherin & Mellott, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Century Bk, Effective Rate 0.7385%
Jefferies, Effective Rate 0.9902%
Eastern Bk Cap Mkts, Effective Rate 0.994%
Peabody (City)
Mar 15, 2016 . . . . . . $15,800,000
General Obligation Bond Anticipation Notes (new money and renewal).
Dated Mar 24, 2016.
Due Mar 24, 2017.
Purchased $15,800,000.00 by Morgan Stanley, at 2.0%, plus $222,938.00, effective rate 0.589%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
JPMorgan, Effective Rate 0.59%
Eastern Bk Cap Mkts, Effective Rate 0.634%
Century Bank of Okla, Effective Rate 0.64%
TD Securities, Effective Rate 0.665%
Jefferies, Effective Rate 0.75%
Peabody (City)
Mar 15, 2016 . . . . . . $17,725,000
General Obligation Municipal Purpose Loan of 2016 Bonds (book entry).
Dated Mar 23, 2016.
Due Oct 1, 2016 to 2035.
Callable Oct 1, 2025 at par.
Winning bid: Janney Montgomery, at 109.1643, TIC 2.5173%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/16 | $505,000 | 2.00% | 0.40% | ||
| 10/1/17 | $530,000 | 2.00% | 0.62% | ||
| 10/1/18 | $860,000 | 4.00% | 0.80% | ||
| 10/1/19 | $885,000 | 4.00% | 0.95% | ||
| 10/1/20 | $905,000 | 4.00% | 1.08% | ||
| 10/1/21 | $925,000 | 4.00% | 1.26% | ||
| 10/1/22 | $950,000 | 4.00% | 1.42% | ||
| 10/1/23 | $975,000 | 4.00% | 1.60% | ||
| 10/1/24 | $1,000,000 | 4.00% | 1.77% | ||
| 10/1/25 | $1,015,000 | 4.00% | 1.90% | ||
| 10/1/26 | $1,000,000 | 4.00% | 2.04% | ||
| 10/1/27 | $780,000 | 4.00% | 2.14% | ||
| 10/1/28 | $815,000 | 4.00% | 2.27% | ||
| 10/1/29 | $845,000 | 4.00% | 2.44% | ||
| 10/1/30 | $880,000 | 4.00% | 2.50% | ||
| 10/1/31 | $915,000 | 3.00% | 2.85% | ||
| 10/1/32 | $940,000 | 3.00% | 3.00% | ||
| 10/1/33 | $970,000 | 3.00% | 3.03% | ||
| 10/1/34 | $1,000,000 | 3.00% | 3.07% | ||
| 10/1/35 | $1,030,000 | 3.00% | 3.10% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
JPMorgan, TIC 2.52%
Robert W. Baird, TIC 2.5227%
Morgan Stanley, TIC 2.5254%
Roosevelt & Cross, TIC 2.5311%
BA Merrill Lynch, TIC 2.5477%
Scituate (Town)
Mar 15, 2016 . . . . . . $3,805,000
General Obligation Refunding Bonds (book entry).
Dated Mar 30, 2016.
Due Mar 1, 2017 to 2025.
Non-callable.
Winning bid: Raymond James, at 108.9037, TIC 1.3845%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $460,000 | 4.00% | 0.50% | ||
| 3/1/18 | $455,000 | 4.00% | 0.67% | ||
| 3/1/19 | $455,000 | 4.00% | 0.84% | ||
| 3/1/20 | $450,000 | 4.00% | 1.01% | ||
| 3/1/21 | $445,000 | 4.00% | 1.16% | ||
| 3/1/22 | $445,000 | 4.00% | 1.34% | ||
| 3/1/23 | $445,000 | 4.00% | 1.50% | ||
| 3/1/24 | $430,000 | 2.00% | 1.68% | ||
| 3/1/25 | $220,000 | 2.00% | 1.82% |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Jefferies LLC, Winslow, Evans & Crocker, Gates Capital Corp..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
JPMorgan, TIC 1.4272%
Robert W. Baird, TIC 1.4468%
Roosevelt & Cross, TIC 1.4645%
MINNESOTA
Amador Township (Town)
Mar 15, 2016 . . . . . . $645,000
General Obligation Fire Hall Refunding Bonds Series 2016A (bank qualified) (book entry).
Dated Apr 6, 2016.
Due Feb 1, 2019 to 2031.
Callable Feb 1, 2024 at par.
Winning bid: United Banker's Bk, at n/a, TIC 2.4783%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/21 | $140,000 | 1.30% | 1.30% | ||
| 2/1/24 | $140,000 | 1.75% | 1.75% | ||
| 2/1/27 | $150,000 | 2.30% | 2.30% | ||
| 2/1/31 | $215,000 | 2.75% | 2.75% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Northland Securities, TIC 2.5489%
Lake Area Bk, TIC 2.7487%
Dougherty, TIC 2.917%
NEW JERSEY
Hammonton (Town)
Mar 15, 2016 . . . . . . $526,900
Bond Anticipation Note (bank qualified).
Dated Mar 24, 2016.
Due Nov 29, 2016.
Purchased $526,900.00 by East Brunswick Twp, at 1.089%, effective rate 1.089%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Passaic Vly Wtr Comm, Effective Rate 1.2599%
Janney Montgomery, Effective Rate 1.2634%
Roosevelt & Cross, Effective Rate 1.4456%
Oppenheimer, Effective Rate 1.993%
Lower Cape May Regional School District Board of Education
Mar 15, 2016 . . . . . . $6,367,000
School Bonds (bank qualified) (book entry).
Dated Mar 30, 2016.
Due Mar 1, 2018 to 2036.
Callable Mar 1, 2026 at par.
Winning bid: UBS Financial Svcs, at 100.0000, NIC 2.7931%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $200,000 | 2.00% | 0.80% | AGM | |
| 3/1/19 | $200,000 | 2.00% | 1.00% | AGM | |
| 3/1/20 | $200,000 | 2.00% | 1.20% | AGM | |
| 3/1/21 | $200,000 | 2.00% | 1.35% | AGM | |
| 3/1/22 | $200,000 | 2.00% | 1.50% | AGM | |
| 3/1/23 | $400,000 | 2.00% | 1.75% | AGM | |
| 3/1/24 | $400,000 | 2.00% | 1.85% | AGM | |
| 3/1/25 | $400,000 | 2.00% | 1.95% | AGM | |
| 3/1/26 | $400,000 | 2.50% | 2.00% | AGM | |
| 3/1/27 | $400,000 | 3.00% | 2.15% | AGM | |
| 3/1/28 | $400,000 | 3.00% | 2.25% | AGM | |
| 3/1/29 | $400,000 | 3.00% | 2.35% | AGM | |
| 3/1/30 | $400,000 | 3.00% | 2.45% | AGM | |
| 3/1/31 | $400,000 | 3.00% | 2.60% | AGM | |
| 3/1/32 | $400,000 | 3.00% | 2.80% | AGM | |
| 3/1/33 | $400,000 | 3.00% | 2.90% | AGM | |
| 3/1/34 | $400,000 | 3.00% | 3.00% | AGM | |
| 3/1/35 | $350,000 | 3.00% | 3.05% | AGM | |
| 3/1/36 | $217,000 | 3.00% | 3.10% | AGM |
Other managers: The Williams Capital Group, L.P., Ross, Sinclaire & Associates LLC, Roosevelt & Cross, Inc., Stifel, Nicolaus & Co., Inc., Intercoastal Capital Markets, Inc., Ramirez & Co., Inc..
In association with: Wiley Bros.-Aintree Capital LLC., StockCross Financial Services, Inc..
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Wells Fargo Secs, NIC 2.8593%
Robert W. Baird, NIC 2.8749%
SunTrust Robinson, NIC 2.9789%
Roselle Borough
Mar 15, 2016 . . . . . . $3,526,000
Bond Anticipation Note (bank qualified).
Dated Mar 23, 2016.
Due Mar 22, 2017.
Purchased $3,526,000.00 by Jefferies, at 1.5%, plus $15,021.00, effective rate 1.072%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.286%
Vernon Township
Mar 15, 2016 . . . . . . $8,049,698
Bond Anticipation Note (bank qualified).
Dated Mar 24, 2016.
Due Mar 24, 2017.
Purchased $8,049,700.00 by Valley National Bank, at 0.87%, effective rate 0.87%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.89%
TD Securities, Effective Rate 0.9%
Jefferies, Effective Rate 1.045%
Oppenheimer, Effective Rate 1.1469%
NEW YORK
Dunkirk (City)
Mar 15, 2016 . . . . . . $4,515,000
Public Improvement Serial Bonds, 2016 (bank qualified) (book entry).
Dated Mar 24, 2016.
Due Mar 15, 2017 to 2035.
Callable Mar 15, 2024 at par.
Winning bid: Robert W. Baird, at n/a, NIC 2.9028%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/17 | $185,000 | 2.00% | 0.75% | ||
| 3/15/18 | $190,000 | 2.00% | 1.00% | ||
| 3/15/19 | $195,000 | 2.00% | 1.15% | ||
| 3/15/20 | $195,000 | 2.00% | 1.35% | ||
| 3/15/21 | $200,000 | 2.00% | 1.55% | ||
| 3/15/22 | $205,000 | 2.00% | 1.70% | ||
| 3/15/23 | $210,000 | 3.00% | 1.85% | ||
| 3/15/24 | $220,000 | 3.00% | 2.00% | ||
| 3/15/25 | $225,000 | 3.00% | 2.15% | ||
| 3/15/26 | $230,000 | 3.00% | 2.25% | ||
| 3/15/27 | $235,000 | 3.00% | 2.35% | ||
| 3/15/28 | $250,000 | 3.00% | 2.45% | ||
| 3/15/29 | $255,000 | 3.00% | 2.60% | ||
| 3/15/30 | $265,000 | 3.00% | 2.75% | ||
| 3/15/31 | $275,000 | 3.00% | 2.85% | ||
| 3/15/32 | $280,000 | 3.00% | 3.00% | ||
| 3/15/33 | $290,000 | 3.00% | 3.05% | ||
| 3/15/34 | $300,000 | 3.00% | 3.10% | ||
| 3/15/35 | $310,000 | 3.00% | 3.15% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, WNJ Capital, Eastern Bank Capital Markets, SAMCO Capital Markets, SumRidge Partners, LLC, Crews & Associates, Inc., Northland Securities, Inc., Loop Capital Markets, LLC, Wayne Hummer & Co., Cronin & Co., Inc., Sierra Pacific Securities, Alamo Capital, Davenport & Company LLC, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, First Empire Securities, IFS Securities.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.2961%
Kingston (City)
Mar 15, 2016 . . . . . . $1,593,333
Bond Anticipation Notes, 2016 (Renewals) Series A.
Dated Mar 24, 2016.
Due Mar 14, 2017.
Purchased $1,593,330.00 by Jefferies, at 2.0%, plus $13,051.00, effective rate 1.1809%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.2346%
JPMorgan Chase, Effective Rate 1.3%
Oppenheimer, Effective Rate 1.3458%
Lockport City School District
Mar 15, 2016 . . . . . . $3,445,000
School District Refunding Bonds, 2016 (bank qualified) (book entry).
Dated Apr 5, 2016.
Due Jun 15, 2016 to 2023.
Non-callable.
Winning bid: Roosevelt & Cross, at 105.6874, TIC 1.3875%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/16 | $20,000 | 1.00% | 0.50% | ||
| 6/15/17 | $10,000 | 2.00% | 0.60% | ||
| 6/15/18 | $520,000 | 4.00% | 0.75% | ||
| 6/15/19 | $540,000 | 4.00% | 0.90% | ||
| 6/15/20 | $565,000 | 4.00% | 1.05% | ||
| 6/15/21 | $585,000 | 2.00% | 1.20% | ||
| 6/15/22 | $595,000 | 2.00% | 1.35% | ||
| 6/15/23 | $610,000 | 2.00% | 1.50% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates LLC, Edward Jones, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc..
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
FTN Fin Cap Mkts, TIC 1.4338%
Robert W. Baird, TIC 1.4366%
Janney Montgomery, TIC 1.48%
Raymond James, TIC 1.5116%
Wappinger (Town)
Mar 15, 2016 . . . . . . $3,438,000
Bond Anticipation Notes, 2016.
Dated Mar 24, 2016.
Due Mar 24, 2017.
Purchased $3,438,000.00 by TD Bank, N.A., at 0.95%, effective rate 0.95%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Jefferies, Effective Rate 1.003%
Oppenheimer, Effective Rate 1.1302%
JPMorgan Chase, Effective Rate 1.24%
Wappinger (Town)
Mar 15, 2016 . . . . . . $5,840,610
Public Improvement (Serial) Bonds, 2016 (book entry).
Dated Mar 24, 2016.
Due Mar 15, 2017 to 2036.
Callable Mar 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.0000, NIC 2.7684%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/17 | $150,610 | 2.25% | 0.60% | ||
| 3/15/18 | $230,000 | 2.25% | 0.75% | ||
| 3/15/19 | $240,000 | 2.25% | 0.92% | ||
| 3/15/20 | $245,000 | 2.375% | 1.10% | ||
| 3/15/21 | $250,000 | 2.375% | 1.25% | ||
| 3/15/22 | $260,000 | 2.375% | 1.40% | ||
| 3/15/23 | $265,000 | 2.375% | 1.58% | ||
| 3/15/24 | $270,000 | 2.375% | 1.75% | ||
| 3/15/25 | $280,000 | 2.375% | 1.90% | ||
| 3/15/26 | $290,000 | 2.375% | 2.00% | ||
| 3/15/27 | $295,000 | 2.375% | 2.25% | ||
| 3/15/28 | $305,000 | 2.375% | 2.40% | ||
| 3/15/29 | $315,000 | 2.50% | 2.60% | ||
| 3/15/30 | $320,000 | 3.00% | 2.75% | ||
| 3/15/31 | $330,000 | 3.00% | 2.85% | ||
| 3/15/32 | $340,000 | 3.00% | 2.95% | ||
| 3/15/33 | $350,000 | 3.00% | 3.00% | ||
| 3/15/34 | $360,000 | 3.00% | 3.04% | ||
| 3/15/35 | $365,000 | 3.00% | 3.08% | ||
| 3/15/36 | $380,000 | 3.00% | 3.12% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Ross, Sinclaire & Associates LLC, Edward Jones, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc..
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, NIC 2.7971%
Robert W. Baird, NIC 2.8093%
BA Merrill Lynch, NIC 2.905%
NORTH CAROLINA
Winston-Salem (City)
Mar 15, 2016 . . . . . . $3,810,000
General Obligation Bonds, Series 2016A (book entry).
Dated Apr 5, 2016.
Due Jun 1, 2017 to 2036.
Callable Jun 1, 2026 at par.
Winning bid: Raymond James, at 101.9558, TIC 2.6473%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $130,000 | 2.00% | 0.55% | ||
| 6/1/18 | $135,000 | 2.00% | 0.70% | ||
| 6/1/19 | $140,000 | 2.00% | 0.85% | ||
| 6/1/20 | $150,000 | 2.00% | 1.00% | ||
| 6/1/21 | $150,000 | 3.00% | 1.15% | ||
| 6/1/22 | $160,000 | 3.00% | 1.30% | ||
| 6/1/23 | $165,000 | 3.00% | 1.51% | ||
| 6/1/24 | $180,000 | 3.00% | 1.68% | ||
| 6/1/25 | $185,000 | 3.00% | 1.84% | ||
| 6/1/26 | $190,000 | 3.00% | 2.00% | ||
| 6/1/27 | $195,000 | 2.00% | 2.20% | ||
| 6/1/28 | $200,000 | 2.25% | 2.35% | ||
| 6/1/29 | $210,000 | 2.50% | 2.53% | ||
| 6/1/30 | $215,000 | 3.00% | 2.70% | ||
| 6/1/31 | $220,000 | 3.00% | 2.80% | ||
| 6/1/32 | $225,000 | 3.00% | 2.90% | ||
| 6/1/33 | $230,000 | 3.00% | 3.00% | ||
| 6/1/34 | $235,000 | 3.00% | 3.02% | ||
| 6/1/35 | $245,000 | 3.00% | 3.05% | ||
| 6/1/36 | $250,000 | 3.00% | 3.10% |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Jefferies LLC, Ramirez & Co., Inc., City Securities Corp..
L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Charlotte, NC.
F.A.: Wye River Group Inc., Annapolis, MD; and Local Government Commission, Raleigh, NC.
Other bidders were:
Piper Jaffray, TIC 2.665%
Wells Fargo Secs, TIC 2.676%
Robert W. Baird, TIC 2.6797%
Janney Montgomery, TIC 2.6969%
Citigroup, TIC 2.7299%
JPMorgan, TIC 2.7914%
UBS Financial Svcs, TIC 2.7981%
Winston-Salem (City)
Mar 15, 2016 . . . . . . $12,655,000
General Obligation Refunding Bonds, Seris 2016D (book entry).
Dated Apr 6, 2016.
Due Jun 1, 2018 to 2028.
Non-callable.
Winning bid: Piper Jaffray, at 113.0338, TIC 1.7995%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $955,000 | 3.00% | 0.70% | ||
| 6/1/19 | $1,010,000 | 3.00% | 0.90% | ||
| 6/1/20 | $1,055,000 | 3.00% | 1.00% | ||
| 6/1/21 | $1,100,000 | 3.00% | 1.17% | ||
| 6/1/22 | $1,145,000 | 3.00% | 1.32% | ||
| 6/1/23 | $1,195,000 | 3.00% | 1.50% | ||
| 6/1/24 | $1,195,000 | 3.00% | 1.66% | ||
| 6/1/25 | $1,190,000 | 3.00% | 1.79% | ||
| 6/1/26 | $1,185,000 | 3.00% | 1.91% | ||
| 6/1/27 | $1,280,000 | 5.00% | 2.05% | ||
| 6/1/28 | $1,345,000 | 5.00% | 2.15% |
L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Charlotte, NC.
F.A.: Wye River Group Inc., Annapolis, MD; and Local Government Commission, Raleigh, NC.
Other bidders were:
PNC Capital Markets, TIC 1.8085%
Wells Fargo Secs, TIC 1.844%
SunTrust Robinson, TIC 1.8441%
Robert W. Baird, TIC 1.8468%
FTN Fin Cap Mkts, TIC 1.8492%
Citigroup, TIC 1.8498%
Raymond James, TIC 1.8537%
BA Merrill Lynch, TIC 1.8781%
Janney Montgomery, TIC 1.8806%
JPMorgan, TIC 1.886%
UBS Financial Svcs, TIC 1.8906%
SOUTH CAROLINA
Aiken County Consolidated School District
Mar 15, 2016 . . . . . . $75,000,000
General Obligation Bonds, Series 2016A (South Carolina School District Credit Enhancement Program) (book entry).
Dated Apr 5, 2016.
Due Mar 1, 2017 to 2026.
Non-callable.
Winning bid: Jefferies, at 116.6087, TIC 1.6967%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $9,780,000 | 5.00% | 0.57% | ||
| 3/1/18 | $4,370,000 | 5.00% | 0.74% | ||
| 3/1/19 | $5,015,000 | 5.00% | 0.92% | ||
| 3/1/20 | $5,710,000 | 5.00% | 1.10% | ||
| 3/1/21 | $6,450,000 | 5.00% | 1.28% | ||
| 3/1/22 | $7,245,000 | 5.00% | 1.45% | ||
| 3/1/23 | $8,090,000 | 5.00% | 1.64% | ||
| 3/1/24 | $8,995,000 | 5.00% | 1.81% | ||
| 3/1/25 | $9,960,000 | 5.00% | 1.95% | ||
| 3/1/26 | $9,385,000 | 5.00% | 2.07% |
Other managers: Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., Fidelity Capital Markets, Avondale Partners, LLC.
L.O.: McNair Law Firm, Columbia, SC.
F.A.: Compass Municpal Advisors, Columbia, SC.
Other bidders were:
BA Merrill Lynch, TIC 1.7035%
Citigroup, TIC 1.7254%
Wells Fargo Secs, TIC 1.7264%
Robert W. Baird, TIC 1.7344%
Piper Jaffray, TIC 1.7389%
Janney Montgomery, TIC 1.7407%
JPMorgan, TIC 1.7425%
Hilltop Securities, TIC 1.7441%
Mesirow Financial, TIC 1.7482%
TEXAS
Central Independent School District
Mar 15, 2016 . . . . . . $9,045,000
Unlimited Tax Refunding Bonds, Series 2016 (bank qualified) (book entry).
Dated Mar 15, 2016.
Due Feb 15, 2020 to 2038.
Callable Feb 15, 2026 at par.
Winning bid: Citigroup, at n/a, TIC 2.5665%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/20 | $5,000 | 2.00% | 1.15% | PSF | |
| 2/15/21 | $5,000 | 2.00% | 1.25% | PSF | |
| 2/15/22 | $5,000 | 2.00% | 1.35% | PSF | |
| 2/15/23 | $335,000 | 5.00% | 1.45% | PSF | |
| 2/15/24 | $440,000 | 5.00% | 1.55% | PSF | |
| 2/15/25 | $460,000 | 5.00% | 1.65% | PSF | |
| 2/15/26 | $485,000 | 5.00% | 1.75% | PSF | |
| 2/15/27 | $510,000 | 5.00% | 1.70% | PSF | |
| 2/15/28 | $530,000 | 3.00% | 1.90% | PSF | |
| 2/15/29 | $545,000 | 3.00% | 2.00% | PSF | |
| 2/15/30 | $560,000 | 3.00% | 2.10% | PSF | |
| 2/15/31 | $580,000 | 3.00% | 2.25% | PSF | |
| 2/15/32 | $595,000 | 3.00% | 2.35% | PSF | |
| 2/15/33 | $615,000 | 3.00% | 2.45% | PSF | |
| 2/15/34 | $635,000 | 3.00% | 2.60% | PSF | |
| 2/15/35 | $655,000 | 3.00% | 2.70% | PSF | |
| 2/15/36 | $675,000 | 3.00% | 2.85% | PSF | |
| 2/15/37 | $695,000 | 3.00% | 2.95% | PSF | |
| 2/15/38 | $715,000 | 3.00% | 3.05% | PSF |
Other managers: Cantor Fitzgerald & Company.
L.O.: Norton Rose Fulbright US LLP, San Antonio, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
Robert W. Baird, TIC 2.5718%
Raymond James, TIC 2.6024%
BOSC, TIC 2.617%
FTN Fin Cap Mkts, TIC 2.6489%
Wells Fargo Secs, TIC 2.7908%
Hilltop Securities, TIC 2.792%
Gunter Independent School District
Mar 15, 2016 . . . . . . $3,615,000
Unlimited Tax Refunding Bonds, Series 2016 (bank qualified) (book entry).
Dated Mar 15, 2016.
Due Aug 15, 2016 to 2036.
Callable Feb 15, 2026 at par.
Winning bid: Raymond James, at n/a, TIC 2.2456%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/16 | $30,000 | 4.00% | 0.65% | PSF | |
| 8/15/18 | $175,000 | 4.00% | 0.90% | PSF | |
| 8/15/19 | $170,000 | 4.00% | 1.00% | PSF | |
| 8/15/20 | $185,000 | 4.00% | 1.10% | PSF | |
| 8/15/21 | $185,000 | 4.00% | 1.20% | PSF | |
| 8/15/22 | $185,000 | 4.00% | 1.30% | PSF | |
| 8/15/23 | $190,000 | 3.50% | 1.40% | PSF | |
| 8/15/24 | $190,000 | 3.50% | 1.60% | PSF | |
| 8/15/25 | $200,000 | 3.25% | 1.70% | PSF | |
| 8/15/26 | $350,000 | 3.00% | 1.85% | PSF | |
| 8/15/28 | $375,000 | 2.375% | 1.90% | PSF | |
| 8/15/30 | $335,000 | 3.00% | 2.10% | PSF | |
| 8/15/32 | $335,000 | 3.00% | 2.30% | PSF | |
| 8/15/34 | $390,000 | 3.00% | 2.55% | PSF | |
| 8/15/36 | $320,000 | 3.00% | 2.75% | PSF |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
BOSC, TIC 2.2873%
Cantor Fitzgerald, TIC 2.2898%
FTN Fin Cap Mkts, TIC 2.2994%
Robert W. Baird, TIC 2.3123%
Hilltop Securities, TIC 2.4295%
WISCONSIN
Wautoma (City)
Mar 14, 2016 . . . . . . $970,000
General Obligation Promissory Notes, Series 2016A (bank qualified) (book entry).
Dated Apr 7, 2016.
Due Feb 1, 2018 to 2023.
Non-callable.
Winning bid: Bankers' Bank, at n/a, TIC 1.4874%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $155,000 | 1.00% | 1.00% | ||
| 2/1/19 | $160,000 | 1.10% | 1.10% | ||
| 2/1/20 | $160,000 | 1.20% | 1.20% | ||
| 2/1/21 | $165,000 | 1.35% | 1.35% | ||
| 2/1/22 | $165,000 | 1.50% | 1.50% | ||
| 2/1/23 | $165,000 | 1.65% | 1.65% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Bernardi Securities, TIC 1.668%
Northland Securities, TIC 1.6755%
TAXABLE ISSUES
HAWAII
Hawaii
Mar 15, 2016 . . . . . . $25,000,000
Taxable General Obligation Bonds of 2016, Series FC (Bid Group A) (book entry).
Dated Apr 14, 2016.
Due Apr 1, 2017 to 2021.
Non-callable.
Winning bid: Morgan Stanley, at 100.0136, TIC 1.534%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $4,890,000 | 1.00% | 0.85% | ||
| 4/1/18 | $4,925,000 | 1.25% | 1.16% | ||
| 4/1/19 | $4,990,000 | 1.38% | 1.38% | ||
| 4/1/20 | $5,055,000 | 1.66% | 1.66% | ||
| 4/1/21 | $5,140,000 | 1.75% | 1.68% |
L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., New York, NY; and FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Piper Jaffray, TIC 1.5831%
Wells Fargo Secs, TIC 1.613%
RBC Capital Mkts, TIC 1.6896%
BA Merrill Lynch, TIC 1.7889%
Goldman Sachs, TIC 1.7938%
NORTH CAROLINA
Winston-Salem (City)
Mar 15, 2016 . . . . . . $6,900,000
Taxable General Obligation Bonds, Series 2016C (book entry).
Dated Apr 6, 2016.
Due Jun 1, 2017 to 2020.
Non-callable.
Winning bid: Wells Fargo Secs, at 100.8678, TIC 1.2418%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $1,870,000 | 2.00% | 0.75% | ||
| 6/1/18 | $1,885,000 | 2.00% | 1.00% | ||
| 6/1/19 | $1,905,000 | 1.25% | 1.25% | ||
| 6/1/20 | $1,240,000 | 1.50% | 1.50% |
L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Charlotte, NC.
F.A.: Wye River Group Inc., Annapolis, MD; and Local Government Commission, Raleigh, NC.
Other bidders were:
Raymond James, TIC 1.2863%
Janney Montgomery, TIC 1.3638%
Vining-Sparks IBG, TIC 1.3932%
Fifth Third Secs, TIC 1.4093%
Piper Jaffray, TIC 1.4121%
FTN Fin Cap Mkts, TIC 1.4162%
Robert W. Baird, TIC 1.4701%
SunTrust Robinson, TIC 1.4787%
Citigroup, TIC 1.5201%
JPMorgan, TIC 1.5519%
PNC Capital Markets, TIC 1.6662%
