CALIFORNIA
Chula Vista Elementary School District
Mar 17, 2016 . . . . . . $6,600,000
2016 Refunding Certificates of Participation (book entry).
Dated Apr 7, 2016.
Due Sep 1, 2016 to 2021.
Non-callable.
Winning bid: UBS Financial Svcs, at 107.3154, TIC 1.2149%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $965,000 | 3.00% | 0.45% | BAM | |
| 9/1/17 | $1,485,000 | 4.00% | 0.73% | BAM | |
| 9/1/18 | $1,345,000 | 4.00% | 0.88% | BAM | |
| 9/1/19 | $985,000 | 4.00% | 1.05% | BAM | |
| 9/1/20 | $915,000 | 4.00% | 1.20% | BAM | |
| 9/1/21 | $905,000 | 4.00% | 1.45% | BAM |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Jefferies LLC, Wedbush Securities Inc..
In association with: Wiley Bros.-Aintree Capital LLC., StockCross Financial Services, Inc., City Securities Corp., The Williams Capital Group, L.P..
L.O.: Stradling, Yocca, Carlson & Rauth, Newport Beach, CA.
F.A.: Dale Scott Co., San Francisco, CA.
Other bidders were:
Morgan Stanley, TIC 1.2253%
Hilltop Securities, TIC 1.2644%
Robert W. Baird, TIC 1.2815%
Hutchinson Shockey, TIC 1.3723%
CONNECTICUT
Plainfield (Town)
Mar 17, 2016 . . . . . . $2,000,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Mar 30, 2016.
Due Mar 29, 2017.
Purchased $2,000,000.00 by Eastern Bk Cap Mkts, at 1.5%, plus $10,191.61, effective rate 0.989%.
L.O.: Day Pitney LLP, Hartford, CT.
F.A.: Independent Bond & Investment Consultants (IBIC), Madison, CT.
Other bidders were:
Jefferies, Effective Rate 0.99%
Oppenheimer, Effective Rate 1.018%
INDIANA
Metropolitan School District of Steuben County
Mar 17, 2016 . . . . . . $2,000,000
General Obligation Bonds, Series 2016 (bank qualified).
Dated Apr 7, 2016.
Due Jul 15, 2017 to Jan 15, 2019.
Non-callable.
Winning bid: Farmers State Bk, at n/a, NIC 1.1473%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $520,000 | 1.00% | NRO | ||
| 1/15/18 | $550,000 | 1.00% | NRO | ||
| 7/15/18 | $465,000 | 1.25% | NRO | ||
| 1/15/19 | $465,000 | 1.25% | NRO |
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
Ross Sinclaire, NIC 1.1744%
City Securities, NIC 1.2894%
Bankers' Bank, NIC 1.3963%
Community State Bk, NIC 1.4247%
Huntington Pub Cap, NIC 1.6879%
Campbell & Fetter Bk, NIC 1.7894%
IOWA
Washington Community School District
Mar 16, 2016 . . . . . . $2,300,000
General Obligation School Bonds, Series 2016 (bank qualified) (book entry).
Dated May 3, 2016.
Due Jun 1, 2017 to 2031.
Callable Jun 1, 2021 at par.
Winning bid: UMB Bank, at 102.0985, TIC 2.0488%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $115,000 | 2.00% | 0.65% | ||
| 6/1/18 | $135,000 | 2.00% | 0.85% | ||
| 6/1/19 | $135,000 | 2.00% | 1.05% | ||
| 6/1/20 | $140,000 | 2.00% | 1.15% | ||
| 6/1/21 | $140,000 | 2.00% | 1.30% | ||
| 6/1/22 | $145,000 | 2.00% | 1.30% | ||
| 6/1/23 | $150,000 | 2.00% | 1.35% | ||
| 6/1/24 | $150,000 | 2.00% | 1.45% | ||
| 6/1/25 | $155,000 | 2.25% | 1.45% | ||
| 6/1/26 | $160,000 | 2.25% | 1.50% | ||
| 6/1/27 | $165,000 | 2.50% | 1.55% | ||
| 6/1/28 | $170,000 | 2.50% | 1.65% | ||
| 6/1/29 | $175,000 | 2.50% | 1.90% | ||
| 6/1/30 | $180,000 | 2.50% | 2.25% | ||
| 6/1/31 | $185,000 | 2.50% | 2.50% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
Northland Securities, TIC 2.0699%
D.A. Davidson, TIC 2.2023%
Robert W. Baird, TIC 2.2498%
Dougherty, TIC 2.5158%
SunTrust Robinson, TIC 2.5455%
KENTUCKY
Leslie County School District Finance Corporation
Mar 17, 2016 . . . . . . $6,125,000
School Building Refunding Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Apr 1, 2016.
Due Aug 1, 2016 to 2027.
Callable Aug 1, 2025 at par.
Winning bid: Robert W. Baird, at 104.6155, TIC 2.2327%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/16 | $70,000 | 3.00% | 0.60% | ||
| 8/1/17 | $120,000 | 3.00% | 1.00% | ||
| 8/1/18 | $545,000 | 3.00% | 1.15% | ||
| 8/1/19 | $555,000 | 3.00% | 1.30% | ||
| 8/1/20 | $570,000 | 3.00% | 1.45% | ||
| 8/1/21 | $590,000 | 3.00% | 1.65% | ||
| 8/1/22 | $610,000 | 3.00% | 1.80% | ||
| 8/1/23 | $630,000 | 3.00% | 2.00% | ||
| 8/1/24 | $645,000 | 3.00% | 2.15% | ||
| 8/1/25 | $670,000 | 3.00% | 2.30% | ||
| 8/1/26 | $655,000 | 3.00% | 2.45% | ||
| 8/1/27 | $465,000 | 3.00% | 2.60% |
Other managers: Duncan-Williams, Inc., CL King & Associates, Crews & Associates, Inc., Edward Jones, Loop Capital Markets, LLC, WNJ Capital, PNC Capital Markets, Davenport & Company LLC, Vining-Sparks IBG, Limited Partnership, SAMCO Capital Markets, Coastal Securities Corp., Northland Securities, Inc., First Kentucky Securities Corp., Isaak Bond Investments, Inc., Bernardi Securities, Inc., Oppenheimer & Co., Inc., SumRidge Partners, LLC, Wayne Hummer & Co., Sierra Pacific Securities, Alamo Capital, IFS Securities, Wedbush Securities Inc., First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
Other bidders were:
Stifel Nicolaus, TIC 2.2352%
J.J.B. Hilliard, TIC 2.3284%
FTN Fin Cap Mkts, TIC 2.3316%
Pulaski County Public Library District
Mar 17, 2016 . . . . . . $6,805,000
General Obligation Refunding Bonds, Series 2016 (bank qualified) (book entry).
Dated Apr 14, 2016.
Due Feb 1, 2017 to 2027.
Callable Feb 1, 2026 at par.
Winning bid: Piper Jaffray, at 105.4746, TIC 1.9994%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $570,000 | 3.00% | 0.90% | BAM | |
| 2/1/18 | $545,000 | 3.00% | 1.00% | BAM | |
| 2/1/19 | $560,000 | 3.00% | 1.15% | BAM | |
| 2/1/20 | $575,000 | 3.00% | 1.30% | BAM | |
| 2/1/21 | $590,000 | 3.00% | 1.50% | BAM | |
| 2/1/22 | $615,000 | 3.00% | 1.65% | BAM | |
| 2/1/23 | $635,000 | 3.00% | 1.80% | BAM | |
| 2/1/24 | $650,000 | 3.00% | 1.90% | BAM | |
| 2/1/25 | $665,000 | 3.00% | 2.00% | BAM | |
| 2/1/26 | $685,000 | 3.00% | 2.15% | BAM | |
| 2/1/27 | $715,000 | 3.00% | 2.25% | BAM |
L.O.: Rubin & Hays, Louisville, KY.
F.A.: Civic Finance Advisors LLC, Lexington, KY.
Other bidders were:
SunTrust Robinson, TIC 2.0563%
J.J.B. Hilliard, TIC 2.1728%
City Securities, TIC 2.2447%
MASSACHUSETTS
Methuen (City)
Mar 17, 2016 . . . . . . $3,400,540
General Obligation Bond Anticipation Notes (new money) (bank qualified).
Dated Mar 24, 2016.
Due Aug 5, 2016.
Purchased $3,400,540.00 by Century Bk, at 1.55%, plus $10,032.00, effective rate 0.7393%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 0.848%
Jefferies, Effective Rate 0.8841%
TD Securities, Effective Rate 0.9475%
MICHIGAN
Charles Stewart Mott Community College
Mar 17, 2016 . . . . . . $20,000,000
2016 Community College Facilities Bonds (General Obligation-Unlimited Tax) (book entry).
Dated Mar 30, 2016.
Due May 1, 2018 to 2035.
Callable May 1, 2026 at par.
Winning bid: Fifth Third Secs, at 99.7990, TIC 3.049%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $325,000 | 3.00% | 1.00% | ||
| 5/1/19 | $200,000 | 3.00% | 1.15% | ||
| 5/1/20 | $800,000 | 3.00% | 1.30% | ||
| 5/1/21 | $800,000 | 3.00% | 1.50% | ||
| 5/1/22 | $950,000 | 3.00% | 1.65% | ||
| 5/1/23 | $1,000,000 | 3.00% | 1.90% | ||
| 5/1/24 | $1,050,000 | 3.00% | 2.10% | ||
| 5/1/25 | $1,075,000 | 3.00% | 2.30% | ||
| 5/1/26 | $1,125,000 | 3.00% | 2.50% | ||
| 5/1/27 | $1,175,000 | 3.00% | 2.70% | ||
| 5/1/28 | $1,225,000 | 3.00% | 2.80% | ||
| 5/1/29 | $1,275,000 | 3.00% | 2.90% | ||
| 5/1/30 | $1,350,000 | 3.00% | 3.00% | ||
| 5/1/31 | $1,400,000 | 3.00% | 3.07% | ||
| 5/1/33 | $2,975,000 | 3.00% | 3.20% | ||
| 5/1/35 | $3,275,000 | 3.125% | 3.30% |
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
BA Merrill Lynch, TIC 3.1576%
Stifel Nicolaus, TIC 3.1831%
Robert W. Baird, TIC 3.3358%
Jefferies, TIC 3.4752%
Hutchinson Shockey, TIC 3.5544%
Royal Oak
Mar 16, 2016 . . . . . . $17,295,000
Capital Improvement Refunding Bonds, Series 2016 Limited Tax General Obligation) (book entry).
Dated Mar 30, 2016.
Due Oct 1, 2016 to 2028.
Callable Oct 1, 2025 at par.
Winning bid: Stifel Nicolaus, at 103.9542, TIC 2.101%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/16 | $1,085,000 | 1.00% | 0.55% | ||
| 10/1/17 | $1,095,000 | 1.00% | 0.70% | ||
| 10/1/18 | $1,100,000 | 2.00% | 0.91% | ||
| 10/1/19 | $1,650,000 | 2.00% | 1.11% | ||
| 10/1/20 | $1,695,000 | 2.00% | 1.29% | ||
| 10/1/21 | $1,745,000 | 3.00% | 1.47% | ||
| 10/1/22 | $1,790,000 | 3.00% | 1.64% | ||
| 10/1/23 | $1,850,000 | 3.00% | 1.85% | ||
| 10/1/24 | $1,435,000 | 3.00% | 2.04% | ||
| 10/1/25 | $1,450,000 | 3.00% | 2.21% | ||
| 10/1/26 | $780,000 | 3.00% | 2.45% | ||
| 10/1/27 | $800,000 | 3.00% | 2.67% | ||
| 10/1/28 | $820,000 | 3.00% | 2.85% |
L.O.: Axe & Ecklund, P.C., Grosse Pointe Farms, MI.
F.A.: Hutchinson, Shockey, Erley & Co., St. Clair Shores, MI; and Hutchinson, Shockey, Erley & Co., Chicago, IL.
Other bidders were:
BA Merrill Lynch, TIC 2.2326%
JPMorgan, TIC 2.2765%
Robert W. Baird, TIC 2.2862%
NEVADA
Nevada System of Higher Education
Mar 17, 2016 . . . . . . $57,750,000
Universities Revenue Bonds, Series 2016A (book entry).
Dated Apr 14, 2016.
Due Jul 1, 2017 to 2038.
Callable Jul 1, 2026 at par.
Winning bid: Citigroup, at 109.8043, TIC 3.0427%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/17 | $100,000 | 5.00% | 0.64% | ||
| 7/1/18 | $100,000 | 5.00% | 0.86% | ||
| 7/1/19 | $100,000 | 5.00% | 1.06% | ||
| 7/1/20 | $1,630,000 | 5.00% | 1.27% | ||
| 7/1/21 | $2,440,000 | 4.00% | 1.41% | ||
| 7/1/22 | $2,545,000 | 4.00% | 1.57% | ||
| 7/1/23 | $2,650,000 | 5.00% | 1.75% | ||
| 7/1/24 | $2,345,000 | 5.00% | 1.97% | ||
| 7/1/25 | $2,470,000 | 5.00% | 2.12% | ||
| 7/1/26 | $2,595,000 | 5.00% | 2.24% | ||
| 7/1/27 | $2,715,000 | 3.50% | 2.44% | ||
| 7/1/28 | $2,815,000 | 4.00% | 2.57% | ||
| 7/1/29 | $2,925,000 | 4.00% | 2.71% | ||
| 7/1/30 | $3,045,000 | 4.00% | 2.87% | ||
| 7/1/31 | $3,170,000 | 4.00% | 2.96% | ||
| 7/1/32 | $3,295,000 | 4.50% | 2.90% | ||
| 7/1/33 | $3,445,000 | 4.50% | 2.97% | ||
| 7/1/34 | $3,600,000 | 4.50% | 3.04% | ||
| 7/1/35 | $3,760,000 | 3.125% | 3.25% | ||
| 7/1/36 | $3,875,000 | 3.125% | 3.29% | ||
| 7/1/37 | $4,005,000 | 3.25% | 3.33% | ||
| 7/1/38 | $4,125,000 | 3.25% | 3.37% |
Other managers: Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., LLC, The Williams Capital Group, L.P., Rice Financial Products Company, Bonwick Capital Partners, LLC.
L.O.: Sherman & Howard L.L.C., Las Vegas, NV; and Sherman & Howard L.L.C., Reno, NV.
F.A.: JNA Consulting Group LLC, Boulder City, NV.
Other bidders were:
Wells Fargo Secs, TIC 3.0433%
Robert W. Baird, TIC 3.0757%
JPMorgan, TIC 3.0853%
Morgan Stanley, TIC 3.0921%
Hutchinson Shockey, TIC 3.1556%
UBS Financial Svcs, TIC 3.1671%
Piper Jaffray, TIC 3.2029%
NEW JERSEY
Brick Township Municipal Utilities Authority
Mar 17, 2016 . . . . . . $14,500,000
Project Bonds, Series 2016A (book entry).
Dated Mar 30, 2016.
Due Dec 1, 2016.
Purchased $14,500,000.00 by Jefferies, at 2.0%, plus $121,655.00, effective rate 0.7467%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
TD Securities, Effective Rate 0.8498%
Morgan Stanley, Effective Rate 0.917%
Oppenheimer, Effective Rate 0.9678%
East Orange (City)
Mar 17, 2016 . . . . . . $13,059,500
$10,554,500 Bond Anticipation Notes, Series 2016A and $2,505,000 Tax Appeal Refunding Notes, Series Series 2016B (book entry).
Dated Mar 29, 2016.
Due Mar 28, 2017.
Purchased $13,059,500.00 by Jefferies, at 2.0%, plus $130,464.40, effective rate 0.998%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.0855%
Lambertville (City)
Mar 17, 2016 . . . . . . $3,842,248
Bond Anticipation Notes, Series 2016A (bank qualified).
Dated Mar 24, 2016.
Due Mar 23, 2017.
Purchased $3,842,250.00 by Jefferies, at 2.0%, plus $31,429.59, effective rate 1.179%.
L.O.: Capehart & Scatchard, P.A, Trenton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.2108%
Saddle River Borough
Mar 17, 2016 . . . . . . $9,846,500
General Obligation Bond Anticipation Notes (bank qualified).
Dated Mar 24, 2016.
Due Mar 24, 2017.
Purchased $9,846,500.00 by TD Bank, N.A., at 0.84%, effective rate 0.84%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.058%
Oppenheimer, Effective Rate 1.285%
Salem (City)
Mar 17, 2016 . . . . . . $320,000
Special Emergency Note (bank qualified).
Dated Mar 30, 2016.
Due Mar 30, 2017.
Purchased $320,000.00 by Passaic Vly Wtr Comm, at 1.3598%, effective rate 1.3598%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
NEW YORK
Forestport (Town)
Mar 17, 2016 . . . . . . $420,580
Bond Anticipation Notes, 2016 (Renewals) (bank qualified).
Dated Mar 31, 2016.
Due Mar 31, 2017.
Purchased $420,580.00 by Bank of Greene Co, at 1.29%, effective rate 1.29%.
L.O.: Hancock Estabrook, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.607%
Hastings-On-Hudson Village
Mar 17, 2016 . . . . . . $1,314,500
Bond Anticipation Notes, 2016 Series A (bank qualified).
Dated Mar 30, 2016.
Due Mar 30, 2017.
Purchased $1,314,500.00 by Bank of Greene Co, at 0.99%, effective rate 0.99%.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.108%
People's United Bk, Effective Rate 1.25%
Oppenheimer, Effective Rate 1.3377%
Jefferies, Effective Rate 1.4089%
Washington County
Mar 17, 2016 . . . . . . $2,200,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Mar 31, 2016.
Due Mar 31, 2017.
Purchased $2,200,000.00 by Glens Falls Natl Bk, at 0.75%, effective rate 0.75%.
L.O.: Bartlett, Pontiff, Stewart & Rhodes, P.C., Glens Falls, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Pioneer Comm Bk, Effective Rate 0.94%
TD Bank, N.A., Effective Rate 0.98%
Bank of Greene Co, Effective Rate 0.99%
Jefferies, Effective Rate 1.059%
Roosevelt & Cross, Effective Rate 1.108%
TD Securities, Effective Rate 1.199%
Oppenheimer, Effective Rate 1.2055%
NORTH DAKOTA
Williston Public School District No. 1
Mar 17, 2016 . . . . . . $6,035,000
General Obligation Building Fund Bonds, Series 2016A (ND SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Apr 5, 2016.
Due Aug 1, 2017 to 2035.
Callable Aug 1, 2024 at par.
Winning bid: Stifel Nicolaus, at 103.3920, TIC 2.625%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $190,000 | 2.00% | 0.80% | ||
| 8/1/18 | $250,000 | 3.00% | 0.95% | ||
| 8/1/19 | $255,000 | 3.00% | 1.10% | ||
| 8/1/20 | $265,000 | 3.00% | 1.20% | ||
| 8/1/21 | $275,000 | 3.00% | 1.40% | ||
| 8/1/22 | $280,000 | 3.00% | 1.50% | ||
| 8/1/23 | $290,000 | 3.00% | 1.70% | ||
| 8/1/24 | $300,000 | 3.00% | 1.85% | ||
| 8/1/25 | $305,000 | 3.00% | 2.00% | ||
| 8/1/26 | $315,000 | 3.00% | 2.10% | ||
| 8/1/27 | $325,000 | 3.00% | 2.20% | ||
| 8/1/28 | $335,000 | 3.00% | 2.30% | ||
| 8/1/29 | $345,000 | 3.00% | 2.40% | ||
| 8/1/30 | $355,000 | 3.00% | 2.50% | ||
| 8/1/31 | $365,000 | 3.00% | 2.60% | ||
| 8/1/32 | $380,000 | 3.00% | 2.70% | ||
| 8/1/33 | $390,000 | 3.00% | 2.80% | ||
| 8/1/34 | $400,000 | 3.00% | 2.90% | ||
| 8/1/35 | $415,000 | 3.00% | 3.00% |
Other managers: BOSC, Inc., SunTrust Robinson Humphrey.
L.O.: Arntson Stewart Wegner PC, Bismarck, ND.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Robert W. Baird, TIC 2.9411%
Morgan Stanley, TIC 2.9684%
TEXAS
Belmont Fresh Water Supply District No. 1
Mar 16, 2016 . . . . . . $11,565,000
Unlimited Tax Utility Bonds, Series 2016 (book entry).
Dated Apr 1, 2016.
Due Mar 1, 2018 to 2041.
Callable Mar 1, 2024 at par.
Winning bid: SAMCO Cap Mkts, at 97.0000, NIC 3.7812%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $295,000 | 5.50% | 1.40% | BAM | |
| 3/1/19 | $305,000 | 5.50% | 1.60% | BAM | |
| 3/1/20 | $315,000 | 5.50% | 1.80% | BAM | |
| 3/1/21 | $330,000 | 5.00% | 1.95% | BAM | |
| 3/1/22 | $345,000 | 5.00% | 2.15% | BAM | |
| 3/1/23 | $360,000 | 5.00% | 2.30% | BAM | |
| 3/1/24 | $370,000 | 5.00% | 2.55% | BAM | |
| 3/1/25 | $385,000 | 5.00% | 2.70% | BAM | |
| 3/1/26 | $405,000 | 3.00% | 2.85% | BAM | |
| 3/1/27 | $420,000 | 3.00% | 3.05% | BAM | |
| 3/1/28 | $435,000 | 3.00% | 3.20% | BAM | |
| 3/1/29 | $455,000 | 3.00% | 3.25% | BAM | |
| 3/1/30 | $475,000 | 3.00% | 3.35% | BAM | |
| 3/1/31 | $490,000 | 3.25% | 3.40% | BAM | |
| 3/1/32 | $515,000 | 3.25% | 3.45% | BAM | |
| 3/1/33 | $535,000 | 3.25% | 3.50% | BAM | |
| 3/1/34 | $555,000 | 3.25% | 3.55% | BAM | |
| 3/1/35 | $580,000 | 3.50% | 3.60% | BAM | |
| 3/1/36 | $600,000 | 3.50% | 3.65% | BAM | |
| 3/1/37 | $625,000 | 3.50% | 3.70% | BAM | |
| 3/1/38 | $650,000 | 3.50% | 3.75% | BAM | |
| 3/1/41 | $2,120,000 | 3.75% | 3.925% | BAM |
Other managers: Coastal Securities Corp., Crews & Associates, Inc., M. E. Allison & Co., Inc., Wells Nelson & Associates, LLC, Ramirez & Co., Inc., WNJ Capital, Intercoastal Capital Markets, Inc., Ross, Sinclaire & Associates LLC, Hilltop Securities Inc., Sierra Pacific Securities, Loop Capital Markets, LLC.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Robert W. Baird & Co., Inc., Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 3.8459%
BA Merrill Lynch, NIC 3.8562%
Hutchinson Shockey, NIC 3.8954%
Brazoria County Municipal Utility District No. 28
Mar 16, 2016 . . . . . . $13,950,000
Unlimited Tax Bonds, Series 2016 (book entry).
Dated Apr 1, 2016.
Due Sep 1, 2018 to 2040.
Callable Mar 1, 2023 at par.
Winning bid: BA Merrill Lynch, at 97.0669, NIC 3.4356%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/18 | $290,000 | 3.00% | 1.35% | NPFGC | |
| 9/1/19 | $300,000 | 3.00% | 1.50% | NPFGC | |
| 9/1/20 | $315,000 | 3.00% | 1.65% | NPFGC | |
| 9/1/21 | $330,000 | 2.00% | 1.90% | NPFGC | |
| 9/1/22 | $330,000 | 2.00% | 2.10% | NPFGC | |
| 9/1/23 | $350,000 | 2.125% | 2.30% | NPFGC | |
| 9/1/24 | $355,000 | 2.25% | 2.55% | NPFGC | |
| 9/1/25 | $370,000 | 2.50% | 2.65% | NPFGC | |
| 9/1/26 | $385,000 | 2.625% | 2.75% | NPFGC | |
| 9/1/27 | $375,000 | 2.75% | 2.87% | NPFGC | |
| 9/1/28 | $390,000 | 3.00% | 3.00% | NPFGC | |
| 9/1/29 | $380,000 | 3.00% | 3.10% | NPFGC | |
| 9/1/30 | $405,000 | 3.00% | 3.16% | NPFGC | |
| 9/1/31 | $425,000 | 3.00% | 3.24% | NPFGC | |
| 9/1/32 | $450,000 | 3.125% | 3.29% | NPFGC | |
| 9/1/33 | $475,000 | 3.125% | 3.34% | NPFGC | |
| 9/1/34 | $500,000 | 3.25% | 3.39% | NPFGC | |
| 9/1/35 | $1,150,000 | 3.25% | 3.44% | NPFGC | |
| 9/1/36 | $1,200,000 | 3.375% | 3.49% | NPFGC | |
| 9/1/37 | $1,225,000 | 3.375% | 3.53% | NPFGC | |
| 9/1/40 | $3,950,000 | 3.50% | 3.656% | 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 3.5213%
RBC Capital Mkts, NIC 3.7589%
Combined Consumers Special Utility District
Mar 17, 2016 . . . . . . $3,985,000
Revenue Refunding and Improvement Bonds, Series 2016 (bank qualified) (book entry).
Dated Mar 1, 2016.
Due Oct 1, 2016 to 2035.
Callable Oct 1, 2025 at par.
Winning bid: BOSC, at 100.0000, NIC 3.3381%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/16 | $185,000 | 3.00% | 0.90% | MAC | |
| 10/1/17 | $130,000 | 3.00% | 1.00% | MAC | |
| 10/1/18 | $135,000 | 3.00% | 1.20% | MAC | |
| 10/1/19 | $315,000 | 3.00% | 1.40% | MAC | |
| 10/1/20 | $155,000 | 3.00% | 1.60% | MAC | |
| 10/1/21 | $160,000 | 3.00% | 1.80% | MAC | |
| 10/1/22 | $165,000 | 3.00% | 2.00% | MAC | |
| 10/1/23 | $170,000 | 3.50% | 2.20% | MAC | |
| 10/1/24 | $175,000 | 4.00% | 2.40% | MAC | |
| 10/1/25 | $185,000 | 4.00% | 2.55% | MAC | |
| 10/1/27 | $385,000 | 3.00% | 2.80% | MAC | |
| 10/1/29 | $415,000 | 3.00% | 3.00% | MAC | |
| 10/1/31 | $440,000 | 3.25% | 3.25% | MAC | |
| 10/1/33 | $470,000 | 3.375% | 3.375% | MAC | |
| 10/1/35 | $500,000 | 3.625% | 3.625% | MAC |
Other managers: Stifel, Nicolaus & Co., Inc., SunTrust Robinson Humphrey.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Hutchinson Shockey, NIC 3.4105%
SAMCO Cap Mkts, NIC 3.4331%
Gunter Independent School District
Mar 17, 2016 . . . . . . $1,495,000
Maintenance Tax Notes, Series 2016 (bank qualified) (book entry).
Dated Mar 15, 2016.
Due Feb 15, 2017 to 2036.
Callable Feb 15, 2026 at par.
Winning bid: Robert W. Baird, at 103.1647, TIC 2.7623%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/17 | $35,000 | 3.00% | 0.85% | MAC | |
| 2/15/18 | $60,000 | 3.00% | 1.00% | MAC | |
| 2/15/19 | $60,000 | 3.00% | 1.15% | MAC | |
| 2/15/20 | $60,000 | 3.00% | 1.30% | MAC | |
| 2/15/21 | $65,000 | 3.00% | 1.45% | MAC | |
| 2/15/22 | $65,000 | 3.00% | 1.60% | MAC | |
| 2/15/23 | $65,000 | 3.00% | 1.75% | MAC | |
| 2/15/24 | $70,000 | 3.00% | 1.90% | MAC | |
| 2/15/25 | $70,000 | 3.00% | 2.00% | MAC | |
| 2/15/26 | $75,000 | 3.00% | 2.15% | MAC | |
| 2/15/29 | $235,000 | 3.00% | 2.30% | MAC | |
| 2/15/32 | $255,000 | 3.00% | 2.60% | MAC | |
| 2/15/36 | $380,000 | 3.25% | 3.05% | MAC |
Other managers: CL King & Associates, Cronin & Co., Inc., Ross, Sinclaire & Associates LLC, WNJ Capital, Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Duncan-Williams, Inc., Northland Securities, Inc., Davenport & Company LLC, SumRidge Partners, LLC, Sierra Pacific Securities, Alamo Capital, Isaak Bond Investments, Inc., IFS Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., Central States Capital Markets, LLC.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
BOSC, TIC 2.9494%
Raymond James, TIC 3.0171%
Hilltop Securities, TIC 3.0295%
TAXABLE ISSUES
MICHIGAN
Crawford County
Mar 16, 2016 . . . . . . $7,155,000
General Obligation Limited Tax Pension Obligation Bonds, Series 2015 (Federally Taxable) (book entry).
Dated Mar 1, 2016.
Due Sep 1, 2016 to 2033.
Callable Sep 1, 2022 at par.
Winning bid: J.J.B. Hilliard, at 99.0065, TIC 3.3816%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $200,000 | 2.00% | 0.75% | ||
| 9/1/17 | $200,000 | 2.00% | 1.25% | ||
| 9/1/18 | $275,000 | 2.00% | 1.50% | ||
| 9/1/19 | $350,000 | 2.00% | 1.75% | ||
| 9/1/20 | $360,000 | 2.00% | 2.00% | ||
| 9/1/21 | $370,000 | 2.50% | 2.20% | ||
| 9/1/22 | $385,000 | 2.50% | 2.40% | ||
| 9/1/23 | $400,000 | 2.60% | 2.60% | ||
| 9/1/24 | $410,000 | 3.00% | 2.80% | ||
| 9/1/25 | $425,000 | 3.00% | 3.00% | ||
| 9/1/26 | $440,000 | 3.00% | 3.10% | ||
| 9/1/27 | $480,000 | 3.125% | 3.20% | ||
| 9/1/28 | $490,000 | 3.25% | 3.30% | ||
| 9/1/29 | $500,000 | 3.35% | 3.40% | ||
| 9/1/30 | $495,000 | 3.50% | 3.55% | ||
| 9/1/31 | $415,000 | 3.60% | 3.65% | ||
| 9/1/33 | $960,000 | 4.00% | 3.75% |
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: Municipal Financial Consultants, Inc., Grosse Pointe Farms, MI.
Other bidders were:
Stifel Nicolaus, TIC 3.4517%
Robert W. Baird, TIC 3.4542%
Piper Jaffray, TIC 3.4797%
