CONNECTICUT
Connecticut Regional School District No. 6
Jun 1, 2016 . . . . . . $2,250,000
Bond Anticipation Notes (bank qualified) (book entry).
Dated Jun 15, 2016.
Due Mar 15, 2017.
Purchased $2,250,000.00 by Eastern Bk Cap Mkts, at 2.0%, plus $17,415.00, effective rate 0.968%.
L.O.: Day Pitney LLP, Hartford, CT.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Glastonbury, CT.
Other bidders were:
TD Securities, Effective Rate 1.1413%
Jefferies, Effective Rate 1.5067%
Preston (Town)
Jun 1, 2016 . . . . . . $1,900,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Jun 15, 2016.
Due Jun 14, 2017.
Purchased $1,900,000.00 by Piper Jaffray, at 2.0%, plus $18,753.00, effective rate 1.0103%.
L.O.: Shipman & Goodwin, Hartford, CT.
F.A.: Independent Bond & Investment Consultants (IBIC), Madison, CT.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.048%
Oppenheimer, Effective Rate 1.1462%
Jefferies, Effective Rate 1.4976%
INDIANA
The Greater Martinsville School Building Corp.
Jun 1, 2016 . . . . . . $5,895,000
Ad Valorem Property Tax First Mortgage Bonds, Series 2016 (bank qualified) (book entry).
Dated Jun 23, 2016.
Due Jul 15, 2017 to Jan 15, 2026.
Non-callable.
Winning bid: J.J.B. Hilliard, at 101.8445, TIC 1.6288%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $390,000 | 2.00% | 0.90% | ||
| 1/15/18 | $465,000 | 2.00% | 0.94% | ||
| 7/15/18 | $290,000 | 2.00% | 1.00% | ||
| 1/15/19 | $295,000 | 2.00% | 1.07% | ||
| 7/15/19 | $300,000 | 2.00% | 1.11% | ||
| 1/15/20 | $300,000 | 2.00% | 1.19% | ||
| 7/15/20 | $305,000 | 2.00% | 1.23% | ||
| 1/15/21 | $305,000 | 2.00% | 1.31% | ||
| 7/15/21 | $310,000 | 2.00% | 1.34% | ||
| 1/15/22 | $315,000 | 2.00% | 1.41% | ||
| 7/15/22 | $315,000 | 2.00% | 1.46% | ||
| 1/15/23 | $320,000 | 2.00% | 1.53% | ||
| 7/15/23 | $325,000 | 2.00% | 1.57% | ||
| 1/15/24 | $325,000 | 2.00% | 1.64% | ||
| 7/15/24 | $330,000 | 2.00% | 1.68% | ||
| 1/15/25 | $330,000 | 2.00% | 1.75% | ||
| 7/15/25 | $335,000 | 2.00% | 1.85% | ||
| 1/15/26 | $340,000 | 2.00% | 2.00% |
Other managers: Ross, Sinclaire & Associates LLC.
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
Robert W. Baird, TIC 1.6788%
Fifth Third Secs, TIC 1.6849%
SunTrust Robinson, TIC 1.8028%
City Securities, TIC 1.8279%
Regions Bank, TIC 2.377%
IOWA
Springville Community School District
Jun 1, 2016 . . . . . . $4,725,000
General Obligation School Bonds, Series 2016 (bank qualified) (book entry).
Dated Jul 1, 2016.
Due Jun 1, 2017 to 2036.
Callable Jun 1, 2024 at par.
Winning bid: Northland Securities, at 100.2815, TIC 2.1867%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $255,000 | 2.00% | 0.65% | MAC | |
| 6/1/18 | $255,000 | 2.00% | 0.80% | MAC | |
| 6/1/19 | $260,000 | 2.00% | 0.95% | MAC | |
| 6/1/20 | $265,000 | 2.00% | 1.10% | MAC | |
| 6/1/21 | $270,000 | 2.00% | 1.20% | MAC | |
| 6/1/22 | $275,000 | 2.00% | 1.35% | MAC | |
| 6/1/23 | $285,000 | 2.00% | 1.45% | MAC | |
| 6/1/24 | $290,000 | 2.00% | 1.55% | MAC | |
| 6/1/26 | $595,000 | 2.00% | 1.70% | MAC | |
| 6/1/27 | $250,000 | 2.00% | 1.85% | MAC | |
| 6/1/29 | $355,000 | 2.00% | 2.00% | MAC | |
| 6/1/30 | $185,000 | 2.10% | 2.10% | MAC | |
| 6/1/31 | $185,000 | 2.20% | 2.20% | MAC | |
| 6/1/32 | $190,000 | 2.30% | 2.30% | MAC | |
| 6/1/34 | $395,000 | 2.50% | 2.50% | MAC | |
| 6/1/36 | $415,000 | 2.70% | 2.70% | MAC |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
BOSC, TIC 2.3706%
Robert W. Baird, TIC 2.4284%
Hutchinson Shockey, TIC 2.4641%
KANSAS
Basehor (City)
Jun 1, 2016 . . . . . . $4,095,000
General Obligation Refunding Bonds, Series 2016-A (bank qualified) (book entry).
Dated Jun 16, 2016.
Due Sep 1, 2017 to 2030.
Callable Sep 1, 2025 at par.
Winning bid: Robert W. Baird, at 101.3829, TIC 1.8552%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $245,000 | 2.00% | 0.75% | ||
| 9/1/18 | $270,000 | 2.00% | 0.90% | ||
| 9/1/19 | $275,000 | 2.00% | 1.00% | ||
| 9/1/20 | $285,000 | 2.00% | 1.10% | ||
| 9/1/21 | $290,000 | 2.00% | 1.25% | ||
| 9/1/22 | $295,000 | 2.00% | 1.40% | ||
| 9/1/23 | $300,000 | 2.00% | 1.50% | ||
| 9/1/24 | $310,000 | 2.00% | 1.60% | ||
| 9/1/25 | $315,000 | 2.00% | 1.70% | ||
| 9/1/26 | $325,000 | 2.00% | 1.80% | ||
| 9/1/27 | $330,000 | 2.00% | 1.90% | ||
| 9/1/28 | $340,000 | 2.00% | 2.00% | ||
| 9/1/29 | $345,000 | 2.25% | 2.10% | ||
| 9/1/30 | $170,000 | 2.25% | 2.25% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Ross, Sinclaire & Associates LLC, Coastal Securities Corp., SAMCO Capital Markets, Crews & Associates, Inc., Davenport & Company LLC, Country Club Bank, Central States Capital Markets, LLC, Commerce Bank, Duncan-Williams, Inc., Loop Capital Markets, LLC, R. Seelaus & Co., Inc., SumRidge Partners, LLC, Oppenheimer & Co., Inc., Isaak Bond Investments, Inc., D.A. Davidson & Co., Sierra Pacific Securities, Alamo Capital, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, Valdes & Moreno, Inc., Dougherty & Company LLC, UMB Bank, N.A...
L.O.: Gilmore & Bell, Kansas City, MO.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Stifel Nicolaus, TIC 1.8593%
Raymond James, TIC 2.0247%
MASSACHUSETTS
Dighton & Rehoboth Regional School District
Jun 1, 2016 . . . . . . $2,582,387
General Obligation School Bonds Unlimited Tax (bank qualified) (book entry).
Dated Jun 15, 2016.
Due Jun 15, 2017 to 2031.
Callable Jun 15, 2024 at par.
Winning bid: BOSC, at 103.7986, TIC 2.0006%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $182,387 | 3.00% | 0.75% | ||
| 6/15/18 | $180,000 | 3.00% | 0.90% | ||
| 6/15/19 | $175,000 | 3.00% | 1.00% | ||
| 6/15/20 | $175,000 | 3.00% | 1.10% | ||
| 6/15/21 | $175,000 | 3.00% | 1.20% | ||
| 6/15/22 | $175,000 | 3.00% | 1.30% | ||
| 6/15/23 | $175,000 | 3.00% | 1.40% | ||
| 6/15/24 | $170,000 | 3.00% | 1.50% | ||
| 6/15/25 | $170,000 | 2.00% | 1.65% | ||
| 6/15/27 | $340,000 | 2.00% | 1.90% | ||
| 6/15/29 | $335,000 | 2.50% | 2.10% | ||
| 6/15/31 | $330,000 | 2.50% | 2.30% |
Other managers: Stifel, Nicolaus & Co., Inc., SunTrust Robinson Humphrey.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Robert W. Baird, TIC 2.0123%
Roosevelt & Cross, TIC 2.0649%
Holden (Town)
Jun 1, 2016 . . . . . . $7,000,000
General Obligation Bond Anticipation Notes (renewals).
Dated Jun 17, 2016.
Due Jun 16, 2017.
Purchased $3,000,000.00 by Century Bk, at 0.85%, effective rate 0.85%.
Purchased $4,000,000.00 by Eastern Bk Cap Mkts, at 2.25%, plus $55,126.45, effective rate 0.868%.
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 0.868%
TD Securities, Effective Rate 0.93%
Jefferies, Effective Rate 0.932%
Oppenheimer, Effective Rate 0.9462%
Holden (Town)
Jun 1, 2016 . . . . . . $17,090,000
General Obligation Municipal Purpose Loan of 2016 Bonds (book entry).
Dated Jun 16, 2016.
Due Jun 15, 2017 to 2036.
Callable Jun 15, 2026 at par.
Winning bid: Janney Montgomery, at 110.2829, TIC 2.2641%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $895,000 | 5.00% | 0.68% | ||
| 6/15/18 | $895,000 | 5.00% | 0.77% | ||
| 6/15/19 | $895,000 | 5.00% | 0.96% | ||
| 6/15/20 | $895,000 | 5.00% | 1.08% | ||
| 6/15/21 | $890,000 | 5.00% | 1.19% | ||
| 6/15/22 | $850,000 | 5.00% | 1.30% | ||
| 6/15/23 | $850,000 | 5.00% | 1.43% | ||
| 6/15/24 | $850,000 | 5.00% | 1.53% | ||
| 6/15/25 | $850,000 | 5.00% | 1.64% | ||
| 6/15/26 | $845,000 | 5.00% | 1.80% | ||
| 6/15/27 | $845,000 | 4.00% | 2.00% | ||
| 6/15/28 | $845,000 | 2.00% | 2.10% | ||
| 6/15/29 | $845,000 | 2.125% | 2.25% | ||
| 6/15/30 | $845,000 | 2.25% | 2.30% | ||
| 6/15/31 | $845,000 | 2.375% | 2.45% | ||
| 6/15/32 | $830,000 | 3.00% | 2.60% | ||
| 6/15/33 | $830,000 | 3.00% | 2.65% | ||
| 6/15/34 | $830,000 | 3.00% | 2.70% | ||
| 6/15/35 | $830,000 | 3.00% | 2.75% | ||
| 6/15/36 | $830,000 | 3.00% | 2.85% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Robert W. Baird, TIC 2.2853%
JPMorgan, TIC 2.3172%
BA Merrill Lynch, TIC 2.3241%
Morgan Stanley, TIC 2.3341%
Marlborough (City)
Jun 1, 2016 . . . . . . $18,654,000
General Obligation Bond Anticipation Notes (new money and renewal).
Dated Jun 17, 2016.
Due Jun 16, 2017.
Purchased $18,654,000.00 by JPMorgan, at 2.0%, plus $225,153.78, effective rate 0.7896%.
L.O.: Bowditch & Dewey, LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Century Bk, Effective Rate 0.7947%
Jefferies, Effective Rate 0.8277%
Morgan Stanley, Effective Rate 0.8321%
Eastern Bk Cap Mkts, Effective Rate 0.868%
Oppenheimer, Effective Rate 0.9148%
Eastern Bk Cap Mkts, Effective Rate 0.934%
TD Securities, Effective Rate 0.9474%
Oppenheimer, Effective Rate 0.9641%
Marlborough (City)
Jun 1, 2016 . . . . . . $25,124,000
General Obligation Municipal Purpose Loan of 2016 Bonds (book entry).
Dated Jun 16, 2016.
Due Jun 15, 2017 to 2036.
Callable Jun 15, 2026 at par.
Winning bid: Janney Montgomery, at 110.4026, TIC 1.8812%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $1,879,000 | 4.00% | 0.60% | ||
| 6/15/18 | $1,925,000 | 4.00% | 0.75% | ||
| 6/15/19 | $1,970,000 | 4.00% | 0.89% | ||
| 6/15/20 | $2,020,000 | 4.00% | 1.01% | ||
| 6/15/21 | $2,065,000 | 4.00% | 1.12% | ||
| 6/15/22 | $2,120,000 | 4.00% | 1.24% | ||
| 6/15/23 | $2,175,000 | 4.00% | 1.37% | ||
| 6/15/24 | $2,010,000 | 4.00% | 1.50% | ||
| 6/15/25 | $1,585,000 | 4.00% | 1.60% | ||
| 6/15/26 | $910,000 | 4.00% | 1.72% | ||
| 6/15/27 | $910,000 | 4.00% | 1.88% | ||
| 6/15/28 | $920,000 | 2.00% | 2.00% | ||
| 6/15/29 | $930,000 | 2.125% | 2.25% | ||
| 6/15/30 | $750,000 | 2.25% | 2.30% | ||
| 6/15/31 | $685,000 | 2.375% | 2.45% | ||
| 6/15/32 | $690,000 | 3.00% | 2.55% | ||
| 6/15/33 | $695,000 | 3.00% | 2.65% | ||
| 6/15/34 | $525,000 | 3.00% | 2.70% | ||
| 6/15/35 | $180,000 | 3.00% | 2.75% | ||
| 6/15/36 | $180,000 | 3.00% | 2.85% |
L.O.: Bowditch & Dewey, LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Robert W. Baird, TIC 1.8978%
JPMorgan, TIC 1.9131%
Mesirow Financial, TIC 1.9383%
UBS Financial Svcs, TIC 1.9404%
Fidelity Capital, TIC 1.9542%
Piper Jaffray, TIC 2.0147%
Hutchinson Shockey, TIC 2.0425%
North Andover (Town)
Jun 1, 2016 . . . . . . $8,325,047
General Obligation Municipal Purpose Loan of 2016 Bonds (bank qualified) (book entry).
Dated Jun 15, 2016.
Due Jan 15, 2017 to 2036.
Callable Jan 15, 2024 at par.
Winning bid: Robert W. Baird, at 102.3621, TIC 1.8692%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/15/17 | $545,047 | 2.00% | 0.65% | ||
| 1/15/18 | $530,000 | 2.00% | 0.75% | ||
| 1/15/19 | $530,000 | 2.00% | 0.85% | ||
| 1/15/20 | $705,000 | 2.00% | 0.95% | ||
| 1/15/21 | $705,000 | 2.00% | 1.05% | ||
| 1/15/22 | $530,000 | 2.00% | 1.15% | ||
| 1/15/23 | $530,000 | 2.00% | 1.25% | ||
| 1/15/24 | $520,000 | 2.00% | 1.35% | ||
| 1/15/25 | $515,000 | 2.00% | 1.45% | ||
| 1/15/26 | $480,000 | 2.00% | 1.55% | ||
| 1/15/27 | $380,000 | 2.00% | 1.70% | ||
| 1/15/28 | $365,000 | 2.00% | 1.80% | ||
| 1/15/29 | $345,000 | 2.00% | 1.90% | ||
| 1/15/30 | $235,000 | 2.00% | 2.00% | ||
| 1/15/31 | $235,000 | 2.25% | 2.05% | ||
| 1/15/32 | $235,000 | 2.25% | 2.15% | ||
| 1/15/33 | $235,000 | 2.25% | 2.25% | ||
| 1/15/34 | $235,000 | 2.75% | 2.30% | ||
| 1/15/35 | $235,000 | 2.75% | 2.40% | ||
| 1/15/36 | $235,000 | 3.00% | 2.45% |
Other managers: Eastern Bank Capital Markets, Ross, Sinclaire & Associates LLC, CL King & Associates, Vining-Sparks IBG, Limited Partnership, 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., Alamo Capital, W.H. Mell Associates, Inc., SumRidge Partners, LLC, Rafferty Capital Markets LLC, First Empire Securities, Wayne Hummer & Co., IFS Securities, Dougherty & Company LLC.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Cantor Fitzgerald, TIC 1.9043%
SunTrust Robinson, TIC 1.9367%
Roosevelt & Cross, TIC 1.9961%
Fidelity Capital, TIC 2.0977%
Raymond James, TIC 2.1807%
Somerville (City)
Jun 1, 2016 . . . . . . $18,168,551
General Obligation Bond Anticipation Notes Series A (renewal).
Dated Jun 10, 2016.
Due Oct 14, 2016.
Purchased $18,168,551.00 by TD Securities, at 1.25%, plus $43,059.46, effective rate 0.5619%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Morgan Stanley, Effective Rate 0.5623%
Century Bk, Effective Rate 0.5855%
Eastern Bk Cap Mkts, Effective Rate 0.589%
JPMorgan, Effective Rate 0.6268%
Jefferies, Effective Rate 0.7887%
Oppenheimer, Effective Rate 0.9809%
Somerville (City)
Jun 1, 2016 . . . . . . $26,831,449
General Obligation Bond Anticipation Notes Series B (new money and renewal).
Dated Jun 10, 2016.
Due Jun 9, 2017.
Purchased $26,831,449.00 by JPMorgan, at 2.0%, plus $317,684.35, effective rate 0.8127%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
TD Securities, Effective Rate 0.8368%
Eastern Bk Cap Mkts, Effective Rate 0.848%
Jefferies, Effective Rate 0.8899%
Oppenheimer, Effective Rate 0.929%
Oppenheimer, Effective Rate 0.9824%
Springfield (City)
Jun 1, 2016 . . . . . . $615,762
General Obligation Federal Aid Anticipation Notes, (renewal and new money).
Dated Jun 10, 2016.
Due Jun 9, 2017.
Purchased $615,760.00 by Eastern Bk Cap Mkts, at 1.35%, plus $36.84, effective rate 1.344%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Springfield (City)
Jun 1, 2016 . . . . . . $20,935,992
Series A General Obligation Bond Anticipation Notes (renewal and new money).
Dated Jun 10, 2016.
Due Feb 24, 2017.
Purchased $20,935,992.00 by JPMorgan, at 2.0%, plus $177,327.85, effective rate 0.7995%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
People's United Bk, Effective Rate 0.808%
Jefferies, Effective Rate 0.8562%
Jefferies, Effective Rate 0.8945%
Eastern Bk Cap Mkts, Effective Rate 0.919%
Oppenheimer, Effective Rate 0.9625%
Eastern Bk Cap Mkts, Effective Rate 0.999%
MICHIGAN
Ann Arbor (City)
Jun 1, 2016 . . . . . . $2,790,000
2016 Parking Facility Refunding Bonds (Limited Tax General Obligation) (book entry).
Dated Jun 22, 2016.
Due Mar 1, 2017 to 2027.
Callable Mar 1, 2026 at par.
Winning bid: Robert W. Baird, at 101.1747, TIC 1.7993%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $50,000 | 2.00% | 0.78% | ||
| 3/1/18 | $245,000 | 2.00% | 0.80% | ||
| 3/1/19 | $250,000 | 2.00% | 0.95% | ||
| 3/1/20 | $255,000 | 2.00% | 1.11% | ||
| 3/1/21 | $260,000 | 2.00% | 1.22% | ||
| 3/1/22 | $270,000 | 2.00% | 1.35% | ||
| 3/1/23 | $280,000 | 2.00% | 1.48% | ||
| 3/1/24 | $285,000 | 2.00% | 1.63% | ||
| 3/1/25 | $290,000 | 2.00% | 1.76% | ||
| 3/1/26 | $300,000 | 2.00% | 1.90% | ||
| 3/1/27 | $305,000 | 2.00% | 2.10% |
Other managers: CL King & Associates, Ross, Sinclaire & Associates LLC, Edward Jones, Fidelity Capital Markets, WNJ Capital, SAMCO Capital Markets, Coastal Securities Corp., Northland Securities, Inc., SumRidge Partners, LLC, Davenport & Company LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Alamo Capital, Sierra Pacific Securities, J.J.B. Hilliard, W.L. Lyons, Inc., Wedbush Securities Inc., IFS Securities, First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Midland Securities Ltd.
L.O.: Dykema Gossett PLLC, Bloomfield Hills, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Hutchinson Shockey, TIC 1.8639%
FTN Fin Cap Mkts, TIC 1.9554%
Ann Arbor (City)
Jun 1, 2016 . . . . . . $16,285,000
Water Supply System Revenue Refunding Bonds, Series 2016 (book entry).
Dated Jun 22, 2016.
Due Feb 1, 2017 to 2027.
Callable Feb 1, 2026 at par.
Winning bid: Robert W. Baird, at 100.9601, TIC 1.8408%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $425,000 | 2.00% | 0.73% | ||
| 2/1/18 | $305,000 | 2.00% | 0.85% | ||
| 2/1/19 | $1,585,000 | 2.00% | 1.00% | ||
| 2/1/20 | $1,615,000 | 2.00% | 1.14% | ||
| 2/1/21 | $1,670,000 | 2.00% | 1.27% | ||
| 2/1/22 | $1,710,000 | 2.00% | 1.40% | ||
| 2/1/23 | $1,740,000 | 2.00% | 1.53% | ||
| 2/1/24 | $1,780,000 | 2.00% | 1.68% | ||
| 2/1/25 | $1,820,000 | 2.00% | 1.81% | ||
| 2/1/26 | $1,830,000 | 2.00% | 2.00% | ||
| 2/1/27 | $1,805,000 | 2.00% | 2.15% |
Other managers: CL King & Associates, Ross, Sinclaire & Associates LLC, Edward Jones, Fidelity Capital Markets, WNJ Capital, SAMCO Capital Markets, Coastal Securities Corp., Northland Securities, Inc., SumRidge Partners, LLC, Davenport & Company LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Alamo Capital, Sierra Pacific Securities, J.J.B. Hilliard, W.L. Lyons, Inc., Wedbush Securities Inc., UMB Bank, N.A.., Bank of New York Mellon Capital Markets, LLC, IFS Securities, First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Midland Securities Ltd, Bernardi Securities, Inc..
L.O.: Dykema Gossett PLLC, Bloomfield Hills, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Hutchinson Shockey, TIC 1.8753%
Stifel Nicolaus, TIC 1.8864%
Citigroup, TIC 1.8889%
Hilltop Securities, TIC 1.9425%
FTN Fin Cap Mkts, TIC 1.9935%
Ferndale (City)
Jun 1, 2016 . . . . . . $17,000,000
Unlimited Tax General Obligation Bonds, Series 2016 (book entry).
Dated Jun 15, 2016.
Due Apr 1, 2017 to 2031.
Callable Apr 1, 2025 at par.
Winning bid: Robert W. Baird, at 102.9003, TIC 2.084%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $1,800,000 | 2.00% | 0.80% | ||
| 4/1/18 | $2,200,000 | 2.00% | 0.92% | ||
| 4/1/19 | $2,350,000 | 2.00% | 1.10% | ||
| 4/1/20 | $1,150,000 | 2.00% | 1.26% | ||
| 4/1/21 | $1,550,000 | 3.00% | 1.40% | ||
| 4/1/22 | $1,750,000 | 4.00% | 1.55% | ||
| 4/1/23 | $1,000,000 | 4.00% | 1.68% | ||
| 4/1/24 | $1,100,000 | 3.00% | 1.84% | ||
| 4/1/25 | $1,100,000 | 2.00% | 2.00% | ||
| 4/1/26 | $1,025,000 | 2.00% | 2.13% | ||
| 4/1/27 | $525,000 | 2.00% | 2.25% | ||
| 4/1/28 | $400,000 | 2.375% | 2.45% | ||
| 4/1/29 | $350,000 | 2.50% | 2.65% | ||
| 4/1/30 | $350,000 | 2.75% | 2.80% | ||
| 4/1/31 | $350,000 | 2.75% | 2.90% |
Other managers: CL King & Associates, Ross, Sinclaire & Associates LLC, Edward Jones, Fidelity Capital Markets, WNJ Capital, SAMCO Capital Markets, Coastal Securities Corp., Northland Securities, Inc., SumRidge Partners, LLC, Davenport & Company LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Alamo Capital, Sierra Pacific Securities, J.J.B. Hilliard, W.L. Lyons, Inc., Wedbush Securities Inc., UMB Bank, N.A.., Bank of New York Mellon Capital Markets, LLC, IFS Securities, First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Midland Securities Ltd, Wayne Hummer & Co..
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
Other bidders were:
Hutchinson Shockey, TIC 2.5754%
NEVADA
Lyon County School District
Jun 1, 2016 . . . . . . $6,400,000
General Obligation (Limited Tax) School Improvement and Refunding Bonds (PSF Guaranteed) Series 2016A (bank qualified) (book entry).
Dated Jun 21, 2016.
Due Apr 1, 2019 to 2036.
Callable Apr 1, 2026 at par.
Winning bid: Piper Jaffray, at 105.2100, TIC 2.3677%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/19 | $100,000 | 3.00% | 1.10% | PSF | |
| 4/1/20 | $100,000 | 3.00% | 1.20% | PSF | |
| 4/1/21 | $100,000 | 3.00% | 1.30% | PSF | |
| 4/1/22 | $315,000 | 3.00% | 1.40% | PSF | |
| 4/1/23 | $325,000 | 3.00% | 1.50% | PSF | |
| 4/1/24 | $330,000 | 3.00% | 1.60% | PSF | |
| 4/1/25 | $335,000 | 3.00% | 1.70% | PSF | |
| 4/1/26 | $345,000 | 3.00% | 1.80% | PSF | |
| 4/1/27 | $350,000 | 2.00% | 1.90% | PSF | |
| 4/1/28 | $360,000 | 2.00% | 2.00% | PSF | |
| 4/1/29 | $365,000 | 2.50% | 2.10% | PSF | |
| 4/1/30 | $375,000 | 2.50% | 2.20% | PSF | |
| 4/1/31 | $500,000 | 3.00% | 2.10% | PSF | |
| 4/1/32 | $500,000 | 3.00% | 2.20% | PSF | |
| 4/1/33 | $500,000 | 3.00% | 2.30% | PSF | |
| 4/1/34 | $500,000 | 3.00% | 2.40% | PSF | |
| 4/1/35 | $500,000 | 3.00% | 2.50% | PSF | |
| 4/1/36 | $500,000 | 3.00% | 2.60% | PSF |
Other managers: Citigroup Global Markets, Inc., Cantor Fitzgerald & Company.
L.O.: Sherman & Howard L.L.C., Reno, NV.
F.A.: JNA Consulting Group LLC, Boulder City, NV.
Other bidders were:
SunTrust Robinson, TIC 2.4212%
Robert W. Baird, TIC 2.4653%
Raymond James, TIC 2.5382%
NEW JERSEY
Barnegat Township
Jun 1, 2016 . . . . . . $38,000
Special Emergency Notes (Tax-Exempt).
Dated Jun 16, 2016.
Due Jun 16, 2017.
Purchased $38,000.00 by South Brunswick Twp, at 0.7%, effective rate 0.7%.
L.O.: GluckWalrath, LLP, Trenton, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
West Windsor Twp, Effective Rate 1.1%
Roosevelt & Cross, Effective Rate 3.4079%
Barnegat Township
Jun 1, 2016 . . . . . . $4,500,666
General Improvement Bond Anticiipation Notes (Tax-Exempt).
Dated Jun 16, 2016.
Due Aug 17, 2016.
Purchased $4,500,670.00 by TD Securities, at 1.25%, plus $2,295.34, effective rate 0.949%.
L.O.: GluckWalrath, LLP, Trenton, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Jefferies, Effective Rate 1.651%
Oppenheimer, Effective Rate 1.9818%
Burlington (City)
Jun 1, 2016 . . . . . . $8,314,000
Bond Anticipation Notes of 2016, Series A $6,795,000 General Improvement; $1,014,000 Water Utility and $505,000 Sewer Utility (bank qualified).
Dated Jun 9, 2016.
Due Jun 8, 2017.
Purchased $8,314,000.00 by Oppenheimer, at 2.0%, plus $34,420.06, effective rate 1.5848%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Investors Savings Bk, Effective Rate 1.75%
Jefferies, Effective Rate 1.813%
Maplewood Township
Jun 1, 2016 . . . . . . $9,235,000
Notes, Consisting of: $8,824,000 Bond Anticipation Note and $411,000 Special Emergency Note (bank qualified).
Dated Jun 15, 2016.
Due Jun 15, 2017.
Purchased $9,235,000.00 by TD Bank, N.A., at 0.92%, effective rate 0.92%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.955%
TD Securities, Effective Rate 0.963%
Valley National Bank, Effective Rate 1.17%
Oppenheimer, Effective Rate 1.17%
New Brunswick (City)
Jun 1, 2016 . . . . . . $25,523,000
Bond Anticipation Notes (book entry).
Dated Jun 7, 2016.
Due Jun 6, 2017.
Purchased $25,523,000.00 by TD Securities, at 3.0%, plus $507,142.00, effective rate 1.0%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Jefferies, Effective Rate 1.247%
Oppenheimer, Effective Rate 1.4097%
Ramsey Borough
Jun 1, 2016 . . . . . . $2,792,000
General Obligation Bond Anticipation Notes Consisting of $1,315,000 General Bond; $1,325,000 Water-Sewer Utility & $152,000 Special Emergency (bank qualified).
Dated Jun 10, 2016.
Due Jun 9, 2017.
Purchased $2,792,000.00 by TD Bank, N.A., at 0.92%, effective rate 0.92%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.3862%
Jefferies, Effective Rate 1.7543%
Secaucus (Town)
Jun 1, 2016 . . . . . . $9,011,452
$8,781,702 General Bond Anticpation Notes and $229,750 Swimming Pool Bond Anticipation Notes (bank qualified).
Dated Jun 10, 2016.
Due May 1, 2017.
Purchased $9,011,450.00 by TD Bank, N.A., at 0.92%, effective rate 0.92%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 0.966%
Oppenheimer, Effective Rate 1.1791%
Capital One Pub Fund, Effective Rate 1.25%
Jefferies, Effective Rate 1.2587%
NEW YORK
Afton Central School District
Jun 1, 2016 . . . . . . $7,970,000
School District (Serial) Bonds, 2016 (bank qualified).
Dated Jun 22, 2016.
Due Jun 15, 2017 to 2033.
Callable Jun 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 101.1257, NIC 1.914%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $585,000 | 1.50% | 0.70% | BAM | |
| 6/15/18 | $595,000 | 1.75% | 0.85% | BAM | |
| 6/15/19 | $605,000 | 2.00% | 1.00% | BAM | |
| 6/15/20 | $615,000 | 2.00% | 1.12% | BAM | |
| 6/15/21 | $625,000 | 2.00% | 1.22% | BAM | |
| 6/15/22 | $640,000 | 2.00% | 1.32% | BAM | |
| 6/15/23 | $655,000 | 2.00% | 1.42% | BAM | |
| 6/15/24 | $665,000 | 2.00% | 1.52% | BAM | |
| 6/15/25 | $680,000 | 2.00% | 1.65% | BAM | |
| 6/15/26 | $695,000 | 2.00% | 1.80% | BAM | |
| 6/15/27 | $705,000 | 2.00% | 1.95% | BAM | |
| 6/15/28 | $235,000 | 2.125% | 2.125% | BAM | |
| 6/15/29 | $240,000 | 2.25% | 2.25% | BAM | |
| 6/15/30 | $250,000 | 2.50% | 2.37% | BAM | |
| 6/15/31 | $60,000 | 2.50% | 2.50% | BAM | |
| 6/15/32 | $60,000 | 2.625% | 2.625% | BAM | |
| 6/15/33 | $60,000 | 2.75% | 2.75% | BAM |
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, Intercoastal Capital Markets, Inc..
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
PNC Capital Markets, NIC 2.0315%
Robert W. Baird, NIC 2.079%
Raymond James, NIC 2.2894%
Clinton County
Jun 1, 2016 . . . . . . $2,120,370
Public Improvement Bond Anticipation Notes, 2016 - Series A (bank qualified).
Dated Jun 10, 2016.
Due Jun 9, 2017.
Purchased $1,060,370.00 by Glens Falls Natl Bk, at 0.99%, effective rate 0.99%.
Purchased $1,060,000.00 by Piper Jaffray, at 2.0%, plus $8,882.80, effective rate 1.1597%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.3391%
Roosevelt & Cross, Effective Rate 1.3893%
Jefferies, Effective Rate 1.5476%
TD Securities, Effective Rate 1.5831%
Clinton County
Jun 1, 2016 . . . . . . $39,367,000
Airport Bond Anticipation Notes, 2016-Series B (AMT).
Dated Jun 10, 2016.
Due Jun 9, 2017.
Purchased $19,000,000.00 by Piper Jaffray, at 2.0%, plus $198,170.00, effective rate 0.9541%.
Purchased $20,367,000.00 by Oppenheimer, at 2.5%, plus $221,796.80, effective rate 1.408%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.408%
Jefferies, Effective Rate 1.5477%
Clinton Village
Jun 1, 2016 . . . . . . $850,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jun 9, 2016.
Due Sep 16, 2016.
Purchased $850,000.00 by NBT Bank, at 1.75%, effective rate 1.75%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.7413%
East Aurora Union Free School District
Jun 1, 2016 . . . . . . $7,655,000
School District Serial Bonds, 2016 (bank qualified) (book entry).
Dated Jun 15, 2016.
Due Jun 15, 2017 to 2031.
Callable Jun 15, 2026 at par.
Winning bid: Roosevelt & Cross, at 107.1415, TIC 1.9181%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $455,000 | 3.00% | 0.70% | ||
| 6/15/18 | $460,000 | 4.00% | 0.85% | ||
| 6/15/19 | $465,000 | 4.00% | 0.97% | ||
| 6/15/20 | $475,000 | 4.00% | 1.07% | ||
| 6/15/21 | $485,000 | 2.00% | 1.17% | ||
| 6/15/22 | $495,000 | 2.00% | 1.27% | ||
| 6/15/23 | $500,000 | 4.00% | 1.37% | ||
| 6/15/24 | $510,000 | 4.00% | 1.47% | ||
| 6/15/25 | $525,000 | 4.00% | 1.60% | ||
| 6/15/26 | $535,000 | 4.00% | 1.72% | ||
| 6/15/27 | $545,000 | 2.00% | 1.87% | ||
| 6/15/28 | $560,000 | 2.125% | 2.00% | ||
| 6/15/29 | $575,000 | 2.25% | 2.15% | ||
| 6/15/30 | $585,000 | 2.50% | 2.25% | ||
| 6/15/31 | $485,000 | 2.50% | 2.35% |
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.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Robert W. Baird, TIC 2.2009%
Frewsburg Central School District
Jun 1, 2016 . . . . . . $1,981,628
Bond Anticipation Notes, 2016 (bank qualified) (book entry).
Dated Jun 21, 2016.
Due Jun 20, 2017.
Purchased $1,981,630.00 by Roosevelt & Cross, at 2.0%, plus $12,861.00, effective rate 1.3418%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.3877%
Jefferies, Effective Rate 1.4584%
Geneva City School District
Jun 1, 2016 . . . . . . $6,000,000
Revenue Anticipation Notes, 2016 (bank qualified).
Dated Jun 16, 2016.
Due Jun 16, 2017.
Purchased $6,000,000.00 by JPMorgan Chase, at 1.06%, effective rate 1.06%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.075%
Jefferies, Effective Rate 1.291%
Oppenheimer, Effective Rate 1.2916%
Hornell City School District
Jun 1, 2016 . . . . . . $1,160,000
General Obligation School District (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Jun 22, 2016.
Due Jun 15, 2017 to 2030.
Callable Jun 15, 2024 at par.
Winning bid: Bank of Greene Co, at n/a, NIC 2.24%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $75,000 | 2.24% | NRO | ||
| 6/15/18 | $75,000 | 2.24% | NRO | ||
| 6/15/19 | $75,000 | 2.24% | NRO | ||
| 6/15/20 | $75,000 | 2.24% | NRO | ||
| 6/15/21 | $80,000 | 2.24% | NRO | ||
| 6/15/22 | $80,000 | 2.24% | NRO | ||
| 6/15/23 | $80,000 | 2.24% | NRO | ||
| 6/15/24 | $80,000 | 2.24% | NRO | ||
| 6/15/25 | $85,000 | 2.24% | NRO | ||
| 6/15/26 | $85,000 | 2.24% | NRO | ||
| 6/15/27 | $90,000 | 2.24% | NRO | ||
| 6/15/28 | $90,000 | 2.24% | NRO | ||
| 6/15/29 | $95,000 | 2.24% | NRO | ||
| 6/15/30 | $95,000 | 2.24% | NRO |
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Roosevelt & Cross, NIC 2.3037%
Robert W. Baird, NIC 2.3483%
Kenmore-Tonawanda Union Free School District
Jun 1, 2016 . . . . . . $24,176,845
Bond Anticipation Notes, 2016.
Dated Jun 16, 2016.
Due Jun 15, 2017.
Purchased $14,176,850.00 by TD Securities, at 2.0%, plus $161,190.70, effective rate 0.8598%.
Purchased $10,000,000.00 by TD Securities, at 2.0%, plus $110,700.00, effective rate 0.8899%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.13%
Jefferies, Effective Rate 1.1597%
Oppenheimer, Effective Rate 1.1608%
Lancaster Central School District
Jun 1, 2016 . . . . . . $10,533,619
Bond Anticipation Notes - 2016B (New Issue) Issue).
Dated Jun 17, 2016.
Due Jun 15, 2017.
Purchased $10,533,620.00 by JPMorgan, at 2.0%, plus $123,138.00, effective rate 0.831%.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
TD Securities, Effective Rate 0.842%
JPMorgan Chase, Effective Rate 1.03%
Jefferies, Effective Rate 1.14%
Oppenheimer, Effective Rate 1.183%
Lancaster Central School District
Jun 1, 2016 . . . . . . $18,575,970
Bond Anticipation Notes - 2016A (Renewal Issue).
Dated Jun 15, 2016.
Due Jun 15, 2017.
Purchased $18,575,970.00 by JPMorgan, at 2.0%, plus $219,010.60, effective rate 0.821%.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
TD Securities, Effective Rate 0.84%
JPMorgan Chase, Effective Rate 1.03%
Oppenheimer, Effective Rate 1.133%
Jefferies, Effective Rate 1.14%
Ogdensburg Enlarged City School District
Jun 1, 2016 . . . . . . $51,336,000
Bond Anticipation Notes, 2016 (Renewals).
Dated Jun 21, 2016.
Due Jun 21, 2017.
Purchased $41,336,000.00 by JPMorgan, at 2.0%, plus $326,554.40, effective rate 1.21%.
Purchased $10,000,000.00 by JPMorgan Chase, at 1.11%, effective rate 1.11%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
JPMorgan, Effective Rate 1.21%
Jefferies, Effective Rate 1.228%
Oppenheimer, Effective Rate 1.283%
Oriskany Central School District
Jun 1, 2016 . . . . . . $3,817,125
General Obligation School District (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Jun 22, 2016.
Due Jun 15, 2017 to 2031.
Callable Jun 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.3632, NIC 2.1105%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $257,125 | 2.00% | 0.70% | MAC | |
| 6/15/18 | $225,000 | 2.00% | 0.85% | MAC | |
| 6/15/19 | $225,000 | 2.00% | 1.00% | MAC | |
| 6/15/20 | $235,000 | 2.00% | 1.12% | MAC | |
| 6/15/21 | $235,000 | 2.00% | 1.22% | MAC | |
| 6/15/22 | $245,000 | 2.00% | 1.32% | MAC | |
| 6/15/23 | $245,000 | 2.00% | 1.42% | MAC | |
| 6/15/24 | $250,000 | 2.00% | 1.52% | MAC | |
| 6/15/25 | $260,000 | 2.00% | 1.65% | MAC | |
| 6/15/26 | $265,000 | 2.00% | 1.80% | MAC | |
| 6/15/27 | $270,000 | 2.00% | 2.00% | MAC | |
| 6/15/28 | $275,000 | 2.125% | 2.125% | MAC | |
| 6/15/29 | $280,000 | 2.25% | 2.25% | MAC | |
| 6/15/30 | $285,000 | 2.375% | 2.37% | MAC | |
| 6/15/31 | $265,000 | 2.50% | 2.50% | MAC |
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.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Robert W. Baird, NIC 2.2825%
Potsdam Central School District
Jun 1, 2016 . . . . . . $750,000
Revenue Anticipation Notes, 2016.
Dated Jun 16, 2016.
Due Jun 16, 2017.
Purchased $750,000.00 by JPMorgan Chase, at 1.19%, effective rate 1.19%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.4389%
Oppenheimer, Effective Rate 1.7189%
Poughkeepsie City School District
Jun 1, 2016 . . . . . . $3,200,000
General Obligation School District (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Jun 22, 2016.
Due Jun 15, 2017 to 2031.
Callable Jun 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.0000, NIC 2.1186%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $230,000 | 1.50% | 0.70% | MAC | |
| 6/15/18 | $210,000 | 1.75% | 0.90% | MAC | |
| 6/15/19 | $215,000 | 2.00% | 1.05% | MAC | |
| 6/15/20 | $215,000 | 2.00% | 1.15% | MAC | |
| 6/15/21 | $220,000 | 2.00% | 1.25% | MAC | |
| 6/15/22 | $225,000 | 2.00% | 1.35% | MAC | |
| 6/15/23 | $230,000 | 2.00% | 1.45% | MAC | |
| 6/15/24 | $235,000 | 2.00% | 1.60% | MAC | |
| 6/15/25 | $240,000 | 2.00% | 1.75% | MAC | |
| 6/15/26 | $250,000 | 2.00% | 1.87% | MAC | |
| 6/15/27 | $255,000 | 2.00% | 2.00% | MAC | |
| 6/15/28 | $260,000 | 2.25% | 2.25% | MAC | |
| 6/15/29 | $165,000 | 2.25% | 2.37% | MAC | |
| 6/15/30 | $165,000 | 2.50% | 2.50% | MAC | |
| 6/15/31 | $85,000 | 2.50% | 2.60% | MAC |
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.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Robert W. Baird, NIC 2.3254%
Schalmont Central School District at Rotterdam
Jun 1, 2016 . . . . . . $91,380
Bond Anticipation Notes, 2016 (Renewals) Series A (bank qualified).
Dated Jun 9, 2016.
Due Jun 9, 2017.
Purchased $91,380.00 by Bank of Greene Co, at 1.49%, effective rate 1.49%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
NBT Bank, Effective Rate 1.75%
Roosevelt & Cross, Effective Rate 2.3282%
Silver Creek Central School District
Jun 1, 2016 . . . . . . $8,785,000
Bond Anticipation Notes - 2016 (Renewal Issue) (bank qualified).
Dated Jun 15, 2016.
Due Jun 15, 2017.
Purchased $8,785,000.00 by TD Securities, at 2.0%, plus $87,850.00, effective rate 1.0%.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Bank of America, Effective Rate 1.02%
JPMorgan Chase, Effective Rate 1.03%
Oppenheimer, Effective Rate 1.1797%
Jefferies, Effective Rate 1.287%
Washington County
Jun 1, 2016 . . . . . . $7,000,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jun 9, 2016.
Due Jun 8, 2017.
Purchased $7,000,000.00 by TD Bank, N.A., at 0.98%, effective rate 0.98%.
L.O.: Bartlett, Pontiff, Stewart & Rhodes, P.C., Glens Falls, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Glens Falls Natl Bk, Effective Rate 1.09%
TD Securities, Effective Rate 1.1818%
Oppenheimer, Effective Rate 1.3699%
Jefferies, Effective Rate 1.4258%
OKLAHOMA
Noble County Independent School District No. 1 (Perry)
Jun 1, 2016 . . . . . . $1,570,000
Building Bonds of 2016 (bank qualified) (book entry).
Dated Jul 1, 2016.
Due Jul 1, 2018.
Non-callable.
Winning bid: Commerce Bank, at n/a, NIC 0.9799%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/18 | $1,570,000 | 1.00% | 0.85% |
In association with: First Bank & Trust Company of Perry.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Baker Group, NIC 1.0%
UMB Bank, NIC 1.125%
F&M Bank, NIC 1.1952%
Tulsa County Independent School District No. 6 (Collinsville)
Jun 1, 2016 . . . . . . $2,760,000
Combined Purpose Building Bonds of 2016 (bank qualified) (book entry).
Dated Jul 1, 2016.
Due Jul 1, 2018 to 2020.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 1.3106%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/18 | $150,000 | 1.375% | 0.90% | ||
| 7/1/19 | $1,305,000 | 1.375% | 1.10% | ||
| 7/1/20 | $1,305,000 | 1.375% | 1.25% |
In association with: RCB Bank.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK; and Stephen L. Smith Corp., Tulsa, OK.
Other bidders were:
First Bankers' Banc, NIC 1.3867%
BOSC, NIC 1.6995%
American Bk Oklahoma, NIC 2.07%
TEXAS
Frankston Independent School District
Jun 1, 2016 . . . . . . $4,555,000
Unlimited Tax Refunding Bonds, Series 2016 (bank qualified) (book entry).
Dated Jun 1, 2016.
Due Feb 15, 2023 to 2032.
Callable Feb 15, 2026 at par.
Winning bid: Robert W. Baird, at n/a, TIC 2.0184%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/23 | $400,000 | 3.00% | 1.30% | PSF | |
| 2/15/24 | $415,000 | 3.00% | 1.40% | PSF | |
| 2/15/25 | $425,000 | 3.00% | 1.50% | PSF | |
| 2/15/26 | $440,000 | 3.00% | 1.60% | PSF | |
| 2/15/27 | $450,000 | 2.00% | 1.70% | PSF | |
| 2/15/28 | $460,000 | 2.00% | 1.80% | PSF | |
| 2/15/29 | $475,000 | 2.50% | 1.90% | PSF | |
| 2/15/30 | $485,000 | 2.50% | 2.00% | PSF | |
| 2/15/31 | $495,000 | 2.75% | 2.10% | PSF | |
| 2/15/32 | $510,000 | 2.75% | 2.20% | PSF |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Ross, Sinclaire & Associates LLC, WNJ Capital, Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Duncan-Williams, Inc., Davenport & Company LLC, SumRidge Partners, LLC, Sierra Pacific Securities, Alamo Capital, Isaak Bond Investments, Inc., Country Club Bank, First Empire Securities, IFS Securities, UMB Bank, N.A.., Wedbush Securities Inc., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., Central States Capital Markets, LLC.
L.O.: Norton Rose Fulbright US LLP, San Antonio, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
Stifel Nicolaus, TIC 2.0315%
Raymond James, TIC 2.246%
Hilltop Securities, TIC 2.3163%
Harris County Municipal Utility District No. 282
Jun 1, 2016 . . . . . . $2,670,000
Unlimited Tax Bonds, Series 2016 (bank qualified) (book entry).
Dated Jul 1, 2016.
Due Sep 1, 2017 to 2038.
Callable Sep 1, 2023 at par.
Winning bid: Robert W. Baird, at 98.3185, NIC 2.6923%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $150,000 | 2.00% | 0.85% | MAC | |
| 9/1/18 | $150,000 | 2.00% | 1.00% | MAC | |
| 9/1/19 | $150,000 | 2.00% | 1.15% | MAC | |
| 9/1/20 | $150,000 | 2.00% | 1.30% | MAC | |
| 9/1/21 | $150,000 | 2.00% | 1.45% | MAC | |
| 9/1/22 | $150,000 | 2.00% | 1.60% | MAC | |
| 9/1/23 | $150,000 | 2.00% | 1.80% | MAC | |
| 9/1/24 | $150,000 | 2.00% | 2.00% | MAC | |
| 9/1/25 | $150,000 | 2.00% | 2.10% | MAC | |
| 9/1/26 | $150,000 | 2.00% | 2.20% | MAC | |
| 9/1/27 | $150,000 | 2.125% | 2.30% | MAC | |
| 9/1/28 | $150,000 | 2.25% | 2.40% | MAC | |
| 9/1/29 | $150,000 | 2.25% | 2.50% | MAC | |
| 9/1/34 | $400,000 | 3.00% | 3.00% | MAC | |
| 9/1/35 | $80,000 | 3.00% | 3.05% | MAC | |
| 9/1/36 | $80,000 | 3.00% | 3.10% | MAC | |
| 9/1/37 | $80,000 | 3.00% | 3.15% | MAC | |
| 9/1/38 | $80,000 | 3.00% | 3.20% | MAC |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Oppenheimer & Co., Inc., Duncan-Williams, 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..
L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX.
Other bidders were:
Raymond James, NIC 2.7822%
SAMCO Cap Mkts, NIC 2.8447%
FMSbonds, NIC 2.8861%
RBC Capital Mkts, NIC 2.9111%
BOSC, NIC 2.934%
WISCONSIN
Chippewa Valley Technical College District
Jun 1, 2016 . . . . . . $3,500,000
General Obligation Promissory Notes, Series 2016A (bank qualified) (book entry).
Dated Jun 22, 2016.
Due Apr 1, 2019 to 2024.
Non-callable.
Winning bid: Stifel Nicolaus, at 100.8350, TIC 1.2117%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/19 | $605,000 | 1.25% | 0.85% | ||
| 4/1/20 | $610,000 | 1.25% | 0.95% | ||
| 4/1/21 | $685,000 | 1.25% | 1.05% | ||
| 4/1/22 | $695,000 | 1.25% | 1.15% | ||
| 4/1/23 | $705,000 | 1.50% | 1.25% | ||
| 4/1/24 | $200,000 | 2.00% | 1.35% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Citigroup, TIC 1.3259%
Northland Securities, TIC 1.3688%
UMB Bank, TIC 1.3808%
Mesirow Financial, TIC 1.3907%
Bernardi Securities, TIC 1.5036%
Raymond James, TIC 1.603%
Madison Area Technical College District
Jun 1, 2016 . . . . . . $4,100,000
General Obligation Promissory Notes, Series 2015-16F (book entry).
Dated Jun 22, 2016.
Due Mar 1, 2022 to 2025.
Non-callable.
Winning bid: Piper Jaffray, at 104.4436, TIC 1.6226%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/22 | $1,000,000 | 2.00% | 1.24% | ||
| 3/1/23 | $1,010,000 | 2.25% | 1.38% | ||
| 3/1/24 | $1,030,000 | 2.25% | 1.48% | ||
| 3/1/25 | $1,060,000 | 2.50% | 1.62% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: PMA Securities, Inc., Milwaukee, WI.
Other bidders were:
Fidelity Capital, TIC 1.6336%
Robert W. Baird, TIC 1.7173%
FTN Fin Cap Mkts, TIC 1.8322%
Hutchinson Shockey, TIC 1.8573%
Medford Area Public School District
Jun 1, 2016 . . . . . . $4,180,000
General Obligation Promissory Notes (bank qualified) (book entry).
Dated Jun 22, 2016.
Due Apr 1, 2017 to 2026.
Callable Apr 1, 2023 at par.
Winning bid: Piper Jaffray, at 100.6912, TIC 1.7892%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $360,000 | 2.00% | 0.67% | ||
| 4/1/18 | $390,000 | 2.00% | 0.80% | ||
| 4/1/19 | $400,000 | 2.00% | 0.95% | ||
| 4/1/20 | $410,000 | 2.00% | 1.10% | ||
| 4/1/21 | $415,000 | 2.00% | 1.20% | ||
| 4/1/22 | $425,000 | 2.00% | 1.30% | ||
| 4/1/23 | $435,000 | 2.00% | 1.40% | ||
| 4/1/24 | $440,000 | 1.50% | 1.50% | ||
| 4/1/25 | $450,000 | 2.00% | 1.60% | ||
| 4/1/26 | $455,000 | 2.00% | 1.75% |
Other managers: Cantor Fitzgerald & Company, Citigroup Global Markets, Inc..
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Northland Securities, TIC 1.8205%
Bankers' Bank, TIC 1.8251%
UMB Bank, TIC 1.8265%
BOSC, TIC 1.8335%
Mesirow Financial, TIC 1.8343%
Bernardi Securities, TIC 1.8646%
TAXABLE ISSUES
MASSACHUSETTS
Springfield (City)
Jun 1, 2016 . . . . . . $1,591,332
General Obligation State Aid Anticipation Notes (Subject to Federal and Massachusetts Income Taxation, (renewal and new money).
Dated Jun 10, 2016.
Due Jun 9, 2017.
Purchased $1,591,330.00 by Eastern Bk Cap Mkts, at 1.8%, plus $888.67, effective rate 1.744%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Springfield (City)
Jun 1, 2016 . . . . . . $5,164,587
Series B General Obligation Bond Anticipation Notes (Subject to Federal and Massachusetts Income Taxation, (new money).
Dated Jun 10, 2016.
Due Feb 24, 2017.
Purchased $5,164,590.00 by Century Bk, at 1.1%, effective rate 1.1%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
People's United Bk, Effective Rate 1.1%
Eastern Bk Cap Mkts, Effective Rate 1.338%
Oppenheimer, Effective Rate 1.3592%
Jefferies, Effective Rate 1.432%
NEW JERSEY
Barnegat Township
Jun 1, 2016 . . . . . . $1,091,658
Bond Anticipation Notes (Taxable): $830,448 General Improvement and $261,210 Water Utility.
Dated Jun 16, 2016.
Due Aug 17, 2016.
Purchased $1,091,660.00 by West Windsor Twp, at 1.1%, effective rate 1.1%.
L.O.: GluckWalrath, LLP, Trenton, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Oppenheimer, Effective Rate 3.4692%
