MASSACHUSETTS
Foxborough (Town)
Jun 13, 2016 . . . . . . $23,360,000
General Obligation Municipal Purpose Loan of 2016 Bonds (book entry).
Dated Jun 28, 2016.
Due May 15, 2017 to 2046.
Callable May 15, 2026 at par.
Winning bid: Janney Montgomery, at 105.4599, TIC 2.519%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/15/17 | $895,000 | 2.00% | 0.58% | ||
| 5/15/18 | $895,000 | 3.00% | 0.67% | ||
| 5/15/19 | $895,000 | 3.00% | 0.80% | ||
| 5/15/20 | $895,000 | 4.00% | 0.90% | ||
| 5/15/21 | $895,000 | 1.50% | 1.04% | ||
| 5/15/22 | $895,000 | 4.00% | 1.14% | ||
| 5/15/23 | $895,000 | 4.00% | 1.24% | ||
| 5/15/24 | $895,000 | 4.00% | 1.35% | ||
| 5/15/25 | $895,000 | 4.00% | 1.45% | ||
| 5/15/26 | $895,000 | 4.00% | 1.56% | ||
| 5/15/27 | $895,000 | 4.00% | 1.65% | ||
| 5/15/28 | $895,000 | 2.00% | 1.95% | ||
| 5/15/29 | $890,000 | 2.00% | 2.10% | ||
| 5/15/30 | $890,000 | 2.25% | 2.30% | ||
| 5/15/31 | $890,000 | 2.375% | 2.40% | ||
| 5/15/32 | $890,000 | 3.00% | 2.50% | ||
| 5/15/33 | $890,000 | 3.00% | 2.55% | ||
| 5/15/34 | $890,000 | 3.00% | 2.60% | ||
| 5/15/35 | $890,000 | 3.00% | 2.64% | ||
| 5/15/36 | $890,000 | 3.00% | 2.70% | ||
| 5/15/41 | $2,750,000 | 3.00% | 3.00% | ||
| 5/15/46 | $2,750,000 | 3.00% | 3.05% |
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 2.5513%
JPMorgan, TIC 2.5549%
Fidelity Capital, TIC 2.5641%
Wells Fargo Secs, TIC 2.57%
Roosevelt & Cross, TIC 2.6114%
BA Merrill Lynch, TIC 2.6236%
MICHIGAN
Beaver Island Community School
Jun 13, 2016 . . . . . . $3,110,000
2016 Refunding Bonds (General Obligation- Unlimited Tax) (Michigan School Bond Qualification Loan) (bank qualified).
Dated Jul 7, 2016.
Due May 1, 2018 to 2032.
Callable May 1, 2026 at par.
Winning bid: SunTrust Robinson, at 100.9246, TIC 2.0645%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $175,000 | 2.00% | 0.95% | ||
| 5/1/19 | $180,000 | 2.00% | 1.05% | ||
| 5/1/20 | $185,000 | 2.00% | 1.15% | ||
| 5/1/21 | $190,000 | 2.00% | 1.25% | ||
| 5/1/22 | $195,000 | 2.00% | 1.35% | ||
| 5/1/23 | $200,000 | 2.00% | 1.45% | ||
| 5/1/24 | $205,000 | 2.00% | 1.55% | ||
| 5/1/25 | $205,000 | 2.00% | 1.65% | ||
| 5/1/26 | $210,000 | 2.00% | 1.75% | ||
| 5/1/28 | $435,000 | 2.10% | 2.00% | ||
| 5/1/30 | $455,000 | 2.30% | 2.20% | ||
| 5/1/32 | $475,000 | 2.40% | 2.40% |
Other managers: Stifel, Nicolaus & Co., Inc., BOSC, Inc..
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
City Securities, TIC 2.1461%
J.J.B. Hilliard, TIC 2.2779%
Robert W. Baird, TIC 2.3131%
Grand Ledge (City)
Jun 13, 2016 . . . . . . $5,000,000
2016 Capital Improvement and Refunding Bonds (General Obligation-Limited Tax) (bank qualified).
Dated Jul 7, 2016.
Due May 1, 2017 to 2032.
Callable May 1, 2026 at par.
Winning bid: Vining-Sparks IBG, at 100.8384, TIC 1.9504%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $450,000 | 2.00% | 0.90% | MAC | |
| 5/1/18 | $500,000 | 2.00% | 1.00% | MAC | |
| 5/1/19 | $500,000 | 2.00% | 1.10% | MAC | |
| 5/1/20 | $500,000 | 2.00% | 1.20% | MAC | |
| 5/1/21 | $480,000 | 2.00% | 1.30% | MAC | |
| 5/1/22 | $275,000 | 2.00% | 1.40% | MAC | |
| 5/1/23 | $245,000 | 2.00% | 1.50% | MAC | |
| 5/1/24 | $215,000 | 2.00% | 1.60% | MAC | |
| 5/1/25 | $215,000 | 2.00% | 1.70% | MAC | |
| 5/1/26 | $220,000 | 2.00% | 1.80% | MAC | |
| 5/1/27 | $245,000 | 2.00% | 1.90% | MAC | |
| 5/1/28 | $245,000 | 2.00% | 2.00% | MAC | |
| 5/1/29 | $255,000 | 2.10% | 2.10% | MAC | |
| 5/1/30 | $255,000 | 2.25% | 2.25% | MAC | |
| 5/1/31 | $275,000 | 2.30% | 2.30% | MAC | |
| 5/1/32 | $125,000 | 2.35% | 2.35% | MAC |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Robert W. Baird & Co., Inc., Traverse City, MI.
Other bidders were:
SunTrust Robinson, TIC 1.97%
Raymond James, TIC 1.9738%
J.J.B. Hilliard, TIC 2.0486%
City Securities, TIC 2.0965%
Marquette Area Public Schools
Jun 13, 2016 . . . . . . $6,285,000
2016 School Building and Site Bonds (General Obligation-Unlimited Tax) (bank qualified).
Dated Jun 28, 2016.
Due May 1, 2018 to 2031.
Callable May 1, 2026 at par.
Winning bid: Robert W. Baird, at 100.8512, TIC 2.0908%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $85,000 | 2.00% | 1.05% | AGM | |
| 5/1/19 | $155,000 | 2.00% | 1.10% | AGM | |
| 5/1/20 | $235,000 | 2.00% | 1.20% | AGM | |
| 5/1/21 | $500,000 | 2.00% | 1.30% | AGM | |
| 5/1/22 | $515,000 | 2.00% | 1.40% | AGM | |
| 5/1/23 | $535,000 | 2.00% | 1.50% | AGM | |
| 5/1/24 | $555,000 | 2.00% | 1.60% | AGM | |
| 5/1/25 | $575,000 | 2.00% | 1.70% | AGM | |
| 5/1/26 | $485,000 | 2.00% | 1.80% | AGM | |
| 5/1/27 | $500,000 | 2.00% | 1.90% | AGM | |
| 5/1/28 | $510,000 | 2.00% | 2.00% | AGM | |
| 5/1/29 | $525,000 | 2.25% | 2.10% | AGM | |
| 5/1/30 | $545,000 | 2.50% | 2.20% | AGM | |
| 5/1/31 | $565,000 | 2.75% | 2.30% | AGM |
Other managers: CL King & Associates, 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, FMSbonds, Inc., Northland Securities, Inc..
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
BOSC, TIC 2.1007%
City Securities, TIC 2.1162%
Fifth Third Secs, TIC 2.1696%
NEW JERSEY
Lawnside Borough
Jun 13, 2016 . . . . . . $1,976,875
Bond Anticipation Notes of 2016, Series A: $1,301,875 General Improvment and $675,000 Sewer Utility (bank qualified).
Dated Jun 20, 2016.
Due Jun 19, 2017.
Purchased $1,976,880.00 by First Colonial, at 0.85%, effective rate 0.85%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 2.172%
NEW YORK
Lafayette Central School District
Jun 13, 2016 . . . . . . $5,000,000
Revenue Anticipation Notes, 2016 (bank qualified).
Dated Jun 23, 2016.
Due Jun 23, 2017.
Purchased $2,500,000.00 by Jefferies, at 2.0%, plus $22,801.00, effective rate 1.088%.
Purchased $2,500,000.00 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:
Jefferies, Effective Rate 1.088%
Oppenheimer, Effective Rate 1.2451%
Westhill Central School District
Jun 13, 2016 . . . . . . $2,000,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jun 30, 2016.
Due Jun 30, 2017.
Purchased $2,000,000.00 by JPMorgan Chase, at 1.04%, effective rate 1.04%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.145%
Jefferies, Effective Rate 1.2449%
Oppenheimer, Effective Rate 1.275%
Roosevelt & Cross, Effective Rate 1.284%
TEXAS
Center (City)
Jun 13, 2016 . . . . . . $3,960,000
Combination Tax and Waterworks and Sewer System (Limited Pledge) Revenue Certificates of Obligaton, Series 2016 (bank qualified) (book entry).
Dated Jun 15, 2016.
Due Aug 15, 2017 to 2036.
Callable Feb 15, 2026 at par.
Winning bid: Robert W. Baird, at 102.6615, TIC 2.4996%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $140,000 | 2.00% | 0.85% | BAM | |
| 8/15/18 | $160,000 | 2.00% | 1.00% | BAM | |
| 8/15/19 | $165,000 | 2.00% | 1.10% | BAM | |
| 8/15/20 | $165,000 | 2.00% | 1.20% | BAM | |
| 8/15/21 | $175,000 | 2.00% | 1.30% | BAM | |
| 8/15/22 | $175,000 | 2.00% | 1.40% | BAM | |
| 8/15/23 | $180,000 | 2.00% | 1.50% | BAM | |
| 8/15/24 | $180,000 | 3.00% | 1.60% | BAM | |
| 8/15/25 | $190,000 | 3.00% | 1.70% | BAM | |
| 8/15/26 | $195,000 | 2.00% | 1.80% | BAM | |
| 8/15/27 | $195,000 | 2.25% | 1.90% | BAM | |
| 8/15/28 | $205,000 | 2.50% | 2.00% | BAM | |
| 8/15/30 | $425,000 | 3.00% | 2.20% | BAM | |
| 8/15/32 | $445,000 | 3.00% | 2.40% | BAM | |
| 8/15/34 | $465,000 | 3.00% | 2.60% | BAM | |
| 8/15/36 | $500,000 | 3.00% | 2.80% | BAM |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., 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, Northland Securities, Inc., Isaak Bond Investments, Inc., Country Club Bank, First Empire Securities, IFS Securities, UMB Bank, N.A.., Wedbush Securities Inc., Stephens Inc., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Bernardi Securities, Inc., Wayne Hummer & Co., Central States Capital Markets, LLC, J.J.B. Hilliard, W.L. Lyons, Inc., FMSbonds, Inc..
L.O.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
Hilltop Securities, TIC 2.5721%
Raymond James, TIC 2.6393%
WISCONSIN
Lisbon (Town)
Jun 13, 2016 . . . . . . $8,060,000
General Obligation Promissory Notes, Series 2016A (bank qualified) (book entry).
Dated Jul 7, 2016.
Due Mar 1, 2018 to 2026.
Callable Mar 1, 2023 at par.
Winning bid: Robert W. Baird, at 102.8841, TIC 1.4714%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $800,000 | 2.00% | 0.80% | ||
| 3/1/19 | $825,000 | 2.00% | 0.90% | ||
| 3/1/20 | $875,000 | 2.00% | 1.00% | ||
| 3/1/21 | $885,000 | 2.00% | 1.10% | ||
| 3/1/22 | $900,000 | 2.00% | 1.20% | ||
| 3/1/23 | $915,000 | 2.00% | 1.30% | ||
| 3/1/24 | $935,000 | 2.00% | 1.40% | ||
| 3/1/25 | $955,000 | 2.00% | 1.50% | ||
| 3/1/26 | $970,000 | 2.00% | 1.60% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Loop Capital Markets, LLC, Coastal Securities Corp., SAMCO Capital Markets, WNJ Capital, Crews & Associates, Inc., Davenport & Company LLC, Ross, Sinclaire & Associates LLC, Dougherty & Company LLC, Country Club Bank, Duncan-Williams, Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Sierra Pacific Securities, Alamo Capital, IFS Securities, Isaak Bond Investments, Inc., Bernardi Securities, Inc., Oppenheimer & Co., Inc., Rafferty Capital Markets LLC, UMB Bank, N.A.., First Empire Securities, W.H. Mell Associates, Inc., Wayne Hummer & Co., Wedbush Securities Inc., FMSbonds, Inc..
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 1.4996%
BOSC, TIC 1.5165%
Northland Securities, TIC 1.5178%
FTN Fin Cap Mkts, TIC 1.5227%
D.A. Davidson, TIC 1.5229%
Raymond James, TIC 1.5361%
Menomonee Falls School District
Jun 13, 2016 . . . . . . $30,700,000
General Obligation School Improvement Bonds, Series 2016 (book entry).
Dated Jul 11, 2016.
Due Apr 1, 2017 to 2036.
Callable Apr 1, 2026 at par.
Winning bid: Citigroup, at n/a, TIC 2.7832%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $3,325,000 | 2.00% | 0.60% | ||
| 4/1/18 | $325,000 | 5.00% | 0.75% | ||
| 4/1/19 | $350,000 | 5.00% | 0.85% | ||
| 4/1/20 | $375,000 | 5.00% | 0.96% | ||
| 4/1/21 | $390,000 | 5.00% | 1.10% | ||
| 4/1/22 | $315,000 | 3.00% | 1.23% | ||
| 4/1/23 | $330,000 | 4.00% | 1.35% | ||
| 4/1/24 | $385,000 | 5.00% | 1.47% | ||
| 4/1/25 | $405,000 | 4.00% | 1.59% | ||
| 4/1/26 | $425,000 | 5.00% | 1.70% | ||
| 4/1/27 | $450,000 | 3.00% | 2.05% | ||
| 4/1/28 | $2,305,000 | 3.50% | 2.10% | ||
| 4/1/29 | $2,380,000 | 3.00% | 2.23% | ||
| 4/1/30 | $2,455,000 | 3.00% | 2.40% | ||
| 4/1/31 | $2,530,000 | 3.00% | 2.56% | ||
| 4/1/32 | $2,610,000 | 3.25% | 2.71% | ||
| 4/1/33 | $2,695,000 | 3.25% | 2.76% | ||
| 4/1/34 | $2,785,000 | 3.375% | 2.80% | ||
| 4/1/35 | $2,885,000 | 3.50% | 2.84% | ||
| 4/1/36 | $2,980,000 | 3.00% | 2.90% |
Other managers: J.P. Morgan Securities LLC.
In association with: Siebert, Brandford, Shank & Co., Wiley Bros.-Aintree Capital LLC, Drexel Hamilton, LLC., Roosevelt & Cross, Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: PMA Securities, Inc., Milwaukee, WI.
Other bidders were:
FTN Fin Cap Mkts, TIC 2.7892%
Piper Jaffray, TIC 2.7992%
Wells Fargo Secs, TIC 2.8121%
Robert W. Baird, TIC 2.8128%
BA Merrill Lynch, TIC 2.8369%
Hilltop Securities, TIC 2.94%
Northcentral Technical College District
Jun 13, 2016 . . . . . . $1,500,000
General Obligation Promissory Notes, Series 2016C (book entry).
Dated Jun 30, 2016.
Due Mar 1, 2017 to 2026.
Callable Mar 1, 2024 at par.
Winning bid: Hutchinson Shockey, at 102.7738, TIC 1.5464%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $310,000 | 3.00% | 0.65% | ||
| 3/1/18 | $135,000 | 3.00% | 0.80% | ||
| 3/1/19 | $135,000 | 3.00% | 0.90% | ||
| 3/1/20 | $140,000 | 3.00% | 1.00% | ||
| 3/1/21 | $145,000 | 2.00% | 1.15% | ||
| 3/1/22 | $155,000 | 2.00% | 1.35% | ||
| 3/1/23 | $160,000 | 2.00% | 1.45% | ||
| 3/1/24 | $105,000 | 2.00% | 1.60% | ||
| 3/1/25 | $105,000 | 2.00% | 1.75% | ||
| 3/1/26 | $110,000 | 2.00% | 1.85% |
L.O.: Griggs Law Office LLC, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Bernardi Securities, TIC 1.563%
Morgan Stanley, TIC 1.59%
Fidelity Capital, TIC 1.6137%
TAXABLE ISSUES
ILLINOIS
Rockford Park District
Jun 13, 2016 . . . . . . $5,285,000
Taxable General Obligation Limited Tax Park Bonds, Series 2016C (book entry).
Dated Jun 23, 2016.
Due Dec 15, 2017.
Non-callable.
Winning bid: BOSC, at n/a, TIC 2.9858%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/17 | $5,285,000 | 3.00% | 2.00% |
Other managers: Stifel, Nicolaus & Co., Inc., SunTrust Robinson Humphrey.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
WISCONSIN
Maple School District
Jun 13, 2016 . . . . . . $1,725,000
Taxable General Obligation Refunding Bonds, Series 2016A (book entry).
Dated Jul 14, 2016.
Due Aug 1, 2018 to 2027.
Callable Aug 1, 2025 at par.
Winning bid: BOSC, at 103.7676, TIC 2.2294%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $120,000 | 3.00% | 1.05% | ||
| 8/1/19 | $135,000 | 3.00% | 1.20% | ||
| 8/1/20 | $145,000 | 3.00% | 1.40% | ||
| 8/1/21 | $150,000 | 3.00% | 1.65% | ||
| 8/1/22 | $160,000 | 3.00% | 1.85% | ||
| 8/1/23 | $180,000 | 3.00% | 2.00% | ||
| 8/1/24 | $190,000 | 3.00% | 2.15% | ||
| 8/1/25 | $200,000 | 3.00% | 2.30% | ||
| 8/1/26 | $215,000 | 2.45% | 2.45% | ||
| 8/1/27 | $230,000 | 2.55% | 2.55% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
UMB Bank, TIC 2.2396%
Robert W. Baird, TIC 2.2558%
Northland Securities, TIC 2.2757%
Bernardi Securities, TIC 2.3046%
Piper Jaffray, TIC 2.314%
Bankers' Bank, TIC 2.3532%
Raymond James, TIC 2.4298%
Fifth Third Secs, TIC 2.4322%
