MICHIGAN
Redford Charter Township
Apr 4, 2016 . . . . . . $7,765,000
2016 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Apr 19, 2016.
Due Apr 1, 2018 to 2035.
Callable Apr 1, 2026 at par.
Winning bid: Robert W. Baird, at 99.6391, TIC 2.9211%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $290,000 | 2.00% | 1.10% | AGM | |
| 4/1/19 | $300,000 | 2.00% | 1.25% | AGM | |
| 4/1/20 | $300,000 | 2.00% | 1.45% | AGM | |
| 4/1/21 | $350,000 | 2.00% | 1.60% | AGM | |
| 4/1/22 | $350,000 | 2.00% | 1.75% | AGM | |
| 4/1/23 | $350,000 | 2.00% | 1.90% | AGM | |
| 4/1/24 | $375,000 | 2.00% | 2.00% | AGM | |
| 4/1/25 | $400,000 | 3.00% | 2.10% | AGM | |
| 4/1/26 | $400,000 | 3.00% | 2.25% | AGM | |
| 4/1/27 | $400,000 | 3.00% | 2.40% | AGM | |
| 4/1/28 | $450,000 | 3.00% | 2.50% | AGM | |
| 4/1/29 | $475,000 | 3.00% | 2.65% | AGM | |
| 4/1/30 | $475,000 | 3.00% | 2.80% | AGM | |
| 4/1/31 | $500,000 | 3.00% | 2.90% | AGM | |
| 4/1/32 | $550,000 | 3.00% | 3.00% | AGM | |
| 4/1/33 | $575,000 | 3.00% | 3.10% | AGM | |
| 4/1/34 | $600,000 | 3.125% | 3.20% | AGM | |
| 4/1/35 | $625,000 | 3.125% | 3.25% | AGM |
Other managers: CL King & Associates, Northland Securities, Inc., Vining-Sparks IBG, Limited Partnership, Ross, Sinclaire & Associates LLC, WNJ Capital, Edward Jones, SAMCO Capital Markets, Coastal Securities Corp., SumRidge Partners, LLC, Crews & Associates, Inc., Cronin & Co., Inc., Loop Capital Markets, LLC, R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Alamo Capital, Sierra Pacific Securities, IFS Securities, Wedbush Securities Inc., Wayne Hummer & Co., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., First Empire Securities, Dougherty & Company LLC.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
Other bidders were:
J.J.B. Hilliard, TIC 2.9673%
MINNESOTA
Anoka (City)
Apr 4, 2016 . . . . . . $1,510,000
General Obligation Public Facilities Refunding Bonds, Series 2016A (bank qualified) (book entry).
Dated Apr 27, 2016.
Due Feb 1, 2018 to 2028.
Callable Feb 1, 2025 at par.
Winning bid: United Banker's Bk, at n/a, TIC 1.5394%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $120,000 | 2.00% | 0.65% | ||
| 2/1/19 | $125,000 | 2.00% | 0.80% | ||
| 2/1/20 | $125,000 | 2.00% | 0.95% | ||
| 2/1/21 | $130,000 | 2.00% | 1.05% | ||
| 2/1/22 | $135,000 | 2.00% | 1.15% | ||
| 2/1/23 | $140,000 | 2.00% | 1.25% | ||
| 2/1/24 | $140,000 | 2.00% | 1.375% | ||
| 2/1/25 | $140,000 | 2.00% | 1.50% | ||
| 2/1/26 | $150,000 | 2.00% | 1.60% | ||
| 2/1/27 | $150,000 | 2.00% | 1.70% | ||
| 2/1/28 | $155,000 | 2.00% | 1.80% |
L.O.: Faegre Baker Daniels LLP, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
UMB Bank, TIC 1.5873%
Robert W. Baird, TIC 1.6694%
Northland Securities, TIC 1.6968%
Stifel Nicolaus, TIC 1.8053%
Dougherty, TIC 1.8433%
Clay County
Apr 4, 2016 . . . . . . $9,815,000
General Obligation Jail Bonds, Series 2016A (Minnesota County Credit Enhancement Program) (bank qualified) (book entry).
Dated Apr 28, 2016.
Due Feb 1, 2018 to 2036.
Callable Feb 1, 2026 at par.
Winning bid: FTN Fin Cap Mkts, at 101.8304, TIC 1.9878%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $425,000 | 3.00% | 0.70% | ||
| 2/1/19 | $435,000 | 2.00% | 0.80% | ||
| 2/1/20 | $445,000 | 2.00% | 0.95% | ||
| 2/1/21 | $455,000 | 2.00% | 1.05% | ||
| 2/1/22 | $465,000 | 2.00% | 1.15% | ||
| 2/1/23 | $475,000 | 2.00% | 1.25% | ||
| 2/1/24 | $485,000 | 2.00% | 1.30% | ||
| 2/1/25 | $495,000 | 2.00% | 1.40% | ||
| 2/1/26 | $500,000 | 2.00% | 1.50% | ||
| 2/1/27 | $515,000 | 2.00% | 1.60% | ||
| 2/1/28 | $525,000 | 2.00% | 1.70% | ||
| 2/1/29 | $535,000 | 2.00% | 1.80% | ||
| 2/1/30 | $545,000 | 2.00% | 2.00% | ||
| 2/1/31 | $555,000 | 2.05% | 2.05% | ||
| 2/1/32 | $565,000 | 2.10% | 2.10% | ||
| 2/1/33 | $580,000 | 2.20% | 2.20% | ||
| 2/1/34 | $590,000 | 2.35% | 2.35% | ||
| 2/1/35 | $605,000 | 2.45% | 2.45% | ||
| 2/1/36 | $620,000 | 2.55% | 2.55% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Stifel Nicolaus, TIC 2.0393%
Wells Fargo Secs, TIC 2.0964%
Piper Jaffray, TIC 2.1397%
Citigroup, TIC 2.1745%
Robert W. Baird, TIC 2.1937%
Northland Securities, TIC 2.2834%
Raymond James, TIC 2.3178%
OKLAHOMA
Tulsa County Independent School District No. 10 (Berryhill)
Apr 4, 2016 . . . . . . $300,000
Combined Purpose Bonds of 2016 (bank qualified) (book entry).
Dated May 1, 2016.
Due May 1, 2018 to 2021.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 1.8806%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $75,000 | 1.50% | 1.00% | ||
| 5/1/19 | $75,000 | 2.00% | 1.30% | ||
| 5/1/20 | $75,000 | 2.00% | 1.65% | ||
| 5/1/21 | $75,000 | 2.00% | 2.00% |
In association with: The American Heritage Bank.
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
F&M Bank, NIC 2.4286%
American Bk Wagoner, NIC 2.4643%
PENNSYLVANIA
State College Borough
Apr 4, 2016 . . . . . . $6,060,000
General Obligation Bonds, Series of 2016 (bank qualified) (book entry).
Dated May 5, 2016.
Due Nov 15, 2017 to 2031.
Callable May 15, 2021 at par.
Winning bid: Raymond James, at n/a, TIC 2.0372%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/17 | $180,000 | 4.00% | 0.83% | ||
| 11/15/18 | $365,000 | 4.00% | 0.96% | ||
| 11/15/19 | $380,000 | 4.00% | 1.18% | ||
| 11/15/20 | $395,000 | 4.00% | 1.25% | ||
| 11/15/21 | $410,000 | 2.00% | 1.40% | ||
| 11/15/22 | $420,000 | 2.00% | 1.50% | ||
| 11/15/23 | $425,000 | 2.00% | 1.60% | ||
| 11/15/24 | $435,000 | 2.00% | 1.70% | ||
| 11/15/25 | $445,000 | 2.00% | 1.80% | ||
| 11/15/26 | $455,000 | 2.00% | 1.90% | ||
| 11/15/27 | $410,000 | 2.00% | 2.00% | ||
| 11/15/28 | $420,000 | 2.15% | 2.15% | ||
| 11/15/29 | $430,000 | 2.25% | 2.25% | ||
| 11/15/30 | $440,000 | 2.35% | 2.35% | ||
| 11/15/31 | $450,000 | 2.50% | 2.50% |
L.O.: Rhoads & Sinon, Harrisburg, PA.
F.A.: Concord Public Financial Advisors, Inc., Lancaster, PA.
Other bidders were:
Janney Montgomery, TIC 2.0437%
UBS Financial Svcs, TIC 2.0681%
PNC Capital Markets, TIC 2.0706%
Wells Fargo Secs, TIC 2.2026%
Robert W. Baird, TIC 2.3116%
BOSC, TIC 2.5332%
WISCONSIN
Franklin (City)
Apr 4, 2016 . . . . . . $5,770,000
General Obligation Refunding Bonds, Series 2016A (bank qualified) (book entry).
Dated Apr 20, 2016.
Due Mar 1, 2017 to 2021.
Non-callable.
Winning bid: Raymond James, at 102.6598, TIC 1.0308%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $1,210,000 | 2.00% | 0.60% | ||
| 3/1/18 | $1,175,000 | 2.00% | 0.75% | ||
| 3/1/19 | $1,175,000 | 2.00% | 0.85% | ||
| 3/1/20 | $1,095,000 | 2.00% | 1.00% | ||
| 3/1/21 | $1,115,000 | 2.00% | 1.10% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 1.0499%
BOSC, TIC 1.0515%
Mesirow Financial, TIC 1.0573%
Morgan Stanley, TIC 1.0686%
Robert W. Baird, TIC 1.079%
Wells Fargo Secs, TIC 1.1187%
Cantor Fitzgerald, TIC 1.1198%
City Securities, TIC 1.1632%
FTN Fin Cap Mkts, TIC 1.1767%
Bankers' Bank, TIC 1.2054%
BB&T Bank, TIC 1.5502%
