ARKANSAS
Monticello School District No. 18 of Drew County
Jun 15, 2016 . . . . . . $2,770,000
Refunding Bonds (Arkansas State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jul 7, 2016.
Due Jan 1, 2017 to 2028.
Callable Jan 1, 2019 at par.
Winning bid: Raymond James, at 98.8909, TIC 1.6993%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/1/17 | $85,000 | 1.00% | 0.70% | ||
| 1/1/18 | $235,000 | 1.00% | 0.80% | ||
| 1/1/19 | $230,000 | 1.00% | 0.90% | ||
| 1/1/20 | $235,000 | 1.05% | 1.05% | ||
| 1/1/21 | $240,000 | 1.15% | 1.15% | ||
| 1/1/22 | $240,000 | 1.25% | 1.25% | ||
| 1/1/23 | $245,000 | 1.35% | 1.35% | ||
| 1/1/24 | $245,000 | 1.45% | 1.45% | ||
| 1/1/25 | $245,000 | 1.55% | 1.55% | ||
| 1/1/26 | $255,000 | 1.65% | 1.65% | ||
| 1/1/27 | $255,000 | 1.75% | 1.75% | ||
| 1/1/28 | $260,000 | 1.85% | 1.85% |
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: Stephens Inc., Little Rock, AR.
Other bidders were:
Ross Sinclaire, TIC 1.7763%
FTN Fin Cap Mkts, TIC 1.8215%
Crews & Associates, TIC 1.9263%
Stifel Nicolaus, TIC 1.9901%
CALIFORNIA
Sequoia Union High School District
Jun 15, 2016 . . . . . . $12,200,000
2016-17 Tax and Revenue Anticipation Notes (book entry).
Dated Jul 1, 2016.
Due Jun 30, 2017.
Purchased $12,200,000.00 by Morgan Stanley, at 2.0%, plus $161,162.00, effective rate 0.6753%.
L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.
F.A.: Keygent LLC, El Segundo, CA.
Other bidders were:
JPMorgan, Effective Rate 0.7094%
RBC Capital Mkts, Effective Rate 0.7194%
Raymond James, Effective Rate 0.7798%
Jefferies, Effective Rate 0.8578%
US Bancorp Invest, Effective Rate 0.8781%
INDIANA
Danville Community School Corporation
Jun 15, 2016 . . . . . . $1,500,000
General Obligation Bonds of 2016 (bank qualified) (book entry).
Dated Jun 30, 2016.
Due Jul 15, 2017 to Jan 15, 2021.
Non-callable.
Winning bid: City Securities, at n/a, NIC 1.375%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $180,000 | 2.00% | 0.85% | ||
| 1/15/18 | $185,000 | 2.00% | 0.90% | ||
| 7/15/18 | $185,000 | 2.00% | 0.95% | ||
| 1/15/19 | $185,000 | 2.00% | 1.05% | ||
| 7/15/19 | $190,000 | 2.00% | 1.10% | ||
| 1/15/20 | $190,000 | 2.00% | 1.15% | ||
| 7/15/20 | $190,000 | 2.00% | 1.20% | ||
| 1/15/21 | $195,000 | 2.00% | 1.30% |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Steven A Meno, New Palestine, IN.
Other bidders were:
Fifth Third Secs, NIC 1.3909%
J.J.B. Hilliard, NIC 1.4295%
Jeffersonville Municipal Sewage Works
Jun 14, 2016 . . . . . . $3,585,000
Sewage Works Bond Anticipation Notes of 2016.
Dated Jun 28, 2016.
Due Jul 1, 2018.
Callable Sep 26, 2016 at par.
Winning bid: J.J.B. Hilliard, at 99.2250, TIC 1.8951%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/18 | $3,585,000 | 1.50% | 1.50% |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Sycamore Advisors, LLC, Indianapolis, IN.
Other bidders were:
City Securities, TIC 2.1761%
KANSAS
Butler County Unified School District No. 396 (Douglass)
Jun 15, 2016 . . . . . . $8,990,000
General Obligation School Building Bonds, Series 2016 (bank qualified) (book entry).
Dated Jun 1, 2016.
Due Sep 1, 2021 to 2034.
Callable Sep 1, 2025 at par.
Winning bid: Wells Fargo Secs, at 103.5614, TIC 2.3839%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/21 | $535,000 | 3.00% | 1.35% | BAM | |
| 9/1/22 | $550,000 | 3.00% | 1.45% | BAM | |
| 9/1/23 | $565,000 | 3.00% | 1.55% | BAM | |
| 9/1/24 | $580,000 | 3.00% | 1.65% | BAM | |
| 9/1/25 | $595,000 | 3.00% | 1.75% | BAM | |
| 9/1/26 | $610,000 | 2.00% | 1.85% | BAM | |
| 9/1/27 | $630,000 | 2.25% | 1.95% | BAM | |
| 9/1/28 | $650,000 | 2.25% | 2.00% | BAM | |
| 9/1/29 | $665,000 | 2.50% | 2.10% | BAM | |
| 9/1/30 | $685,000 | 2.50% | 2.20% | BAM | |
| 9/1/31 | $705,000 | 2.75% | 2.30% | BAM | |
| 9/1/32 | $720,000 | 3.00% | 2.40% | BAM | |
| 9/1/33 | $740,000 | 3.00% | 2.50% | BAM | |
| 9/1/34 | $760,000 | 3.00% | 2.60% | BAM |
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: George K. Baum & Co., Wichita, KS.
Other bidders were:
Raymond James, TIC 2.3892%
Robert W. Baird, TIC 2.3959%
BOSC, TIC 2.4446%
Leavenworth (City)
Jun 14, 2016 . . . . . . $1,625,000
Temporary Notes, Series A2016 (bank qualified) (book entry).
Dated Jun 30, 2016.
Due Mar 1, 2018.
Callable Jun 1, 2017 at par.
Winning bid: Country Club Bank, at 100.0300, NIC 1.032%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $1,625,000 | 1.05% | 0.70% |
L.O.: Nichols & Wolfe Chartered, Topeka, KS.
F.A.: Piper Jaffray & Company, Leawood, KS.
Other bidders were:
Commerce Bank, NIC 1.2054%
Leavenworth (City)
Jun 14, 2016 . . . . . . $5,700,000
General Obligation Refunding and Improvement Bonds, Series 2016-A (bank qualified) (book entry).
Dated Jun 30, 2016.
Due Sep 1, 2017 to 2031.
Callable Sep 1, 2021 at par.
Winning bid: UMB Bank, at 102.5392, NIC 1.6612%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $545,000 | 1.50% | 0.60% | ||
| 9/1/18 | $575,000 | 1.50% | 0.75% | ||
| 9/1/19 | $585,000 | 2.00% | 0.90% | ||
| 9/1/20 | $595,000 | 2.00% | 1.05% | ||
| 9/1/21 | $620,000 | 2.00% | 1.20% | ||
| 9/1/22 | $435,000 | 2.00% | 1.25% | ||
| 9/1/23 | $440,000 | 2.00% | 1.25% | ||
| 9/1/24 | $460,000 | 2.05% | 1.25% | ||
| 9/1/25 | $465,000 | 2.25% | 1.25% | ||
| 9/1/26 | $485,000 | 2.30% | 1.30% | ||
| 9/1/28 | $190,000 | 2.00% | 2.00% | ||
| 9/1/29 | $100,000 | 2.10% | 2.10% | ||
| 9/1/30 | $100,000 | 2.20% | 2.20% | ||
| 9/1/31 | $105,000 | 2.30% | 2.30% |
L.O.: Nichols & Wolfe Chartered, Topeka, KS.
F.A.: Piper Jaffray & Company, Leawood, KS.
Other bidders were:
Robert W. Baird, NIC 1.6638%
FTN Fin Cap Mkts, NIC 1.7071%
First Bankers' Banc, NIC 1.7255%
Commerce Bank, NIC 1.7362%
Stifel Nicolaus, NIC 1.823%
Wells Fargo Secs, NIC 1.8704%
KENTUCKY
Paris Independent School District Finance Corporation
Jun 15, 2016 . . . . . . $2,790,000
School Building Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jul 1, 2016.
Due Aug 1, 2017 to 2036.
Callable Aug 1, 2026 at par.
Winning bid: Raymond James, at 99.1983, NIC 2.6115%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $110,000 | 1.50% | 1.10% | SCSDE | |
| 8/1/18 | $115,000 | 1.50% | 1.20% | SCSDE | |
| 8/1/19 | $105,000 | 1.50% | 1.30% | SCSDE | |
| 8/1/21 | $220,000 | 1.50% | 1.50% | SCSDE | |
| 8/1/22 | $120,000 | 1.60% | 1.60% | SCSDE | |
| 8/1/23 | $115,000 | 1.70% | 1.70% | SCSDE | |
| 8/1/24 | $125,000 | 1.80% | 1.80% | SCSDE | |
| 8/1/26 | $245,000 | 2.125% | 1.90% | SCSDE | |
| 8/1/28 | $265,000 | 2.125% | 2.15% | SCSDE | |
| 8/1/30 | $285,000 | 2.375% | 2.40% | SCSDE | |
| 8/1/32 | $320,000 | 2.625% | 2.65% | SCSDE | |
| 8/1/34 | $375,000 | 3.00% | 2.80% | SCSDE | |
| 8/1/36 | $390,000 | 3.00% | 3.00% | SCSDE |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
Robert W. Baird, NIC 2.667%
Duncan-Williams, NIC 2.6741%
J.J.B. Hilliard, NIC 2.6944%
SunTrust Robinson, NIC 2.7836%
Paris Independent School District Finance Corporation
Jun 15, 2016 . . . . . . $3,520,000
Energy Conservation Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jun 1, 2016.
Due Jun 1, 2017 to 2036.
Callable Jun 1, 2026 at par.
Winning bid: Duncan-Williams, at 98.9251, NIC 2.6694%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $160,000 | 1.15% | 1.15% | ||
| 6/1/21 | $325,000 | 1.60% | 1.60% | ||
| 6/1/25 | $525,000 | 2.10% | 2.10% | ||
| 6/1/29 | $675,000 | 2.25% | 2.25% | ||
| 6/1/32 | $630,000 | 2.50% | 2.55% | ||
| 6/1/34 | $565,000 | 2.75% | 2.80% | ||
| 6/1/36 | $640,000 | 3.00% | 3.00% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
Raymond James, NIC 2.7035%
J.J.B. Hilliard, NIC 2.7348%
Robert W. Baird, NIC 2.7742%
SunTrust Robinson, NIC 2.8379%
MARYLAND
Frederick County
Jun 15, 2016 . . . . . . $85,405,000
General Obligation Public Facilities Bonds, Series 2016A (book entry).
Dated Jun 29, 2016.
Due Aug 1, 2017 to 2036.
Callable Aug 1, 2026 at par.
Winning bid: Citigroup, at 113.4540, TIC 2.2672%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $2,705,000 | 2.00% | 0.50% | ||
| 8/1/18 | $2,800,000 | 5.00% | 0.65% | ||
| 8/1/19 | $2,945,000 | 5.00% | 0.75% | ||
| 8/1/20 | $3,095,000 | 5.00% | 0.87% | ||
| 8/1/21 | $3,255,000 | 5.00% | 1.00% | ||
| 8/1/22 | $3,425,000 | 5.00% | 1.10% | ||
| 8/1/23 | $3,600,000 | 5.00% | 1.20% | ||
| 8/1/24 | $3,785,000 | 5.00% | 1.30% | ||
| 8/1/25 | $3,975,000 | 5.00% | 1.40% | ||
| 8/1/26 | $4,180,000 | 5.00% | 1.50% | ||
| 8/1/27 | $4,395,000 | 5.00% | 1.59% | ||
| 8/1/28 | $4,620,000 | 5.00% | 1.64% | ||
| 8/1/29 | $4,810,000 | 3.00% | 2.22% | ||
| 8/1/30 | $4,955,000 | 3.00% | 2.33% | ||
| 8/1/31 | $5,105,000 | 3.00% | 2.43% | ||
| 8/1/32 | $5,240,000 | 2.25% | 2.44% | ||
| 8/1/33 | $5,375,000 | 2.875% | 2.53% | ||
| 8/1/34 | $5,535,000 | 3.00% | 2.58% | ||
| 8/1/35 | $5,710,000 | 3.125% | 2.62% | ||
| 8/1/36 | $5,895,000 | 3.25% | 2.65% |
Other managers: Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., LLC, Roosevelt & Cross, Inc., Ramirez & Co., Inc., The Williams Capital Group, L.P., Stifel, Nicolaus & Co., Inc., Mischler Financial Group, Inc., Bonwick Capital Partners, LLC.
L.O.: Venable LLP, Baltimore, MD.
F.A.: Davenport & Company LLC, Towson, MD.
Other bidders were:
Raymond James, TIC 2.2862%
BA Merrill Lynch, TIC 2.2907%
JPMorgan, TIC 2.3006%
Piper Jaffray, TIC 2.3041%
Wells Fargo Secs, TIC 2.324%
Mesirow Financial, TIC 2.3518%
Robert W. Baird, TIC 2.3704%
MASSACHUSETTS
Eastham (Town)
Jun 15, 2016 . . . . . . $866,383
General Obligation State Aid Anticipation Notes (bank qualified) (book entry).
Dated Jun 30, 2016.
Due Jun 16, 2017.
Purchased $866,380.00 by Century Bk, at 0.98%, effective rate 0.98%.
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 1.148%
Eastham (Town)
Jun 15, 2016 . . . . . . $5,700,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Jun 30, 2016.
Due Jun 16, 2017.
Purchased $5,700,000.00 by Eastern Bk Cap Mkts, at 2.25%, plus $79,490.62, effective rate 0.799%.
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 0.8745%
Jefferies, Effective Rate 0.9595%
Century Bk, Effective Rate 0.9755%
Holyoke (City)
Jun 15, 2016 . . . . . . $5,053,000
General Obligation Bond Anticipation Notes (new and renewal) (bank qualified).
Dated Jun 30, 2016.
Due Jun 30, 2017.
Purchased $5,053,000.00 by Peoples Bk, at 1.08%, plus $11,370.00, effective rate 0.855%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Century Bk, Effective Rate 0.925%
Jefferies, Effective Rate 1.098%
Eastern Bk Cap Mkts, Effective Rate 1.098%
Oppenheimer, Effective Rate 1.1558%
Manchester By-The-Sea (Town)
Jun 15, 2016 . . . . . . $2,500,000
General Obligation Bond Anticipation Notes (new money) (bank qualified).
Dated Jun 24, 2016.
Due Jun 23, 2017.
Purchased $2,500,000.00 by Century Bk, at 1.15%, plus $7,500.00, effective rate 0.8492%.
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 0.8548%
Eastern Bk Cap Mkts, Effective Rate 0.894%
Jefferies, Effective Rate 1.0884%
Salem (City)
Jun 15, 2016 . . . . . . $2,267,000
General Obligation State Aid Anticipation Notes.
Dated Jun 28, 2016.
Due Jun 28, 2017.
Purchased $2,267,000.00 by Century Bk, at 1.08%, plus $4,081.00, effective rate 0.9%.
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 1.128%
Jefferies, Effective Rate 1.1959%
Salem (City)
Jun 15, 2016 . . . . . . $8,635,650
General Obligation Bond Anticipation Notes.
Dated Jun 28, 2016.
Due Jan 31, 2017.
Purchased $8,635,650.00 by TD Securities, at 1.5%, plus $42,660.11, effective rate 0.6651%.
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 0.669%
Jefferies, Effective Rate 0.8053%
Century Bk, Effective Rate 0.8958%
West Springfield (Town)
Jun 15, 2016 . . . . . . $2,600,000
General Obligation Bond Anticipation Notes (new money) (bank qualified).
Dated Jun 28, 2016.
Due Dec 20, 2016.
Purchased $2,600,000.00 by Eastern Bk Cap Mkts, at 1.25%, plus $6,235.96, effective rate 0.748%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Peoples Bk, Effective Rate 0.8414%
Jefferies, Effective Rate 0.8657%
Century Bk, Effective Rate 0.9314%
MICHIGAN
Bear Lake Schools
Jun 15, 2016 . . . . . . $780,000
2016 School Building and Site Bonds (Ulimited Tax General Obligation) (bank qualified).
Dated Jun 30, 2016.
Due May 1, 2017 to 2024.
Non-callable.
Winning bid: CFC Capital, at n/a, TIC 1.6599%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $90,000 | 0.95% | NRO | ||
| 5/1/18 | $95,000 | 1.10% | NRO | ||
| 5/1/19 | $95,000 | 1.30% | NRO | ||
| 5/1/20 | $100,000 | 1.45% | NRO | ||
| 5/1/21 | $100,000 | 1.60% | NRO | ||
| 5/1/22 | $100,000 | 1.75% | NRO | ||
| 5/1/23 | $100,000 | 1.85% | NRO | ||
| 5/1/24 | $100,000 | 1.90% | NRO |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Huntington Pub Cap, TIC 2.2195%
J.J.B. Hilliard, TIC 2.2195%
Elk Rapids Schools
Jun 15, 2016 . . . . . . $4,300,000
2016 School Building and Site Bonds (General Obligation-Unlimited Tax) (bank qualified) (book entry).
Dated Jun 29, 2016.
Due May 1, 2017 to 2020.
Non-callable.
Winning bid: Robert W. Baird, at 101.7796, TIC 1.2359%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $1,030,000 | 2.00% | 0.80% | ||
| 5/1/18 | $1,050,000 | 2.00% | 0.95% | ||
| 5/1/19 | $1,095,000 | 2.00% | 1.05% | ||
| 5/1/20 | $1,125,000 | 2.00% | 1.15% |
Other managers: CL King & Associates, 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., Northland Securities, 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..
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Fifth Third Secs, TIC 1.2699%
CFC Capital, TIC 1.3066%
J.J.B. Hilliard, TIC 1.3488%
Stifel Nicolaus, TIC 1.3879%
Raymond James, TIC 1.4174%
William Blair, TIC 1.4259%
First Merit, TIC 1.8003%
George Reinbold Subdivision Drain Drainage District
Jun 14, 2016 . . . . . . $790,000
George Reinbold Subdivision Drain Bonds, Series 2016 (bank qualified) (book entry).
Dated Jun 28, 2016.
Due Jun 1, 2017 to 2036.
Callable Jun 1, 2026 at par.
Winning bid: J.J.B. Hilliard, at 101.1583, TIC 2.7459%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $35,000 | 2.00% | 1.00% | ||
| 6/1/18 | $35,000 | 2.00% | 1.15% | ||
| 6/1/19 | $40,000 | 2.00% | 1.30% | ||
| 6/1/20 | $40,000 | 2.00% | 1.50% | ||
| 6/1/23 | $120,000 | 2.25% | 1.75% | ||
| 6/1/26 | $120,000 | 3.00% | 2.00% | ||
| 6/1/29 | $120,000 | 3.00% | 2.50% | ||
| 6/1/36 | $280,000 | 3.00% | 3.00% |
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
Southfield Village Relief Drain Drainage District
Jun 14, 2016 . . . . . . $1,290,000
Southfield Village Relief Drain Bonds, Series 2016 (bank qualified) (book entry).
Dated Jun 28, 2016.
Due Jun 1, 2017 to 2026.
Non-callable.
Winning bid: J.J.B. Hilliard, at 100.7370, TIC 1.8555%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $125,000 | 2.00% | 0.75% | ||
| 6/1/18 | $125,000 | 2.00% | 1.00% | ||
| 6/1/19 | $130,000 | 2.00% | 1.15% | ||
| 6/1/20 | $130,000 | 2.00% | 1.30% | ||
| 6/1/21 | $130,000 | 2.00% | 1.45% | ||
| 6/1/22 | $130,000 | 2.00% | 1.60% | ||
| 6/1/23 | $130,000 | 2.00% | 1.70% | ||
| 6/1/24 | $130,000 | 2.00% | 1.80% | ||
| 6/1/25 | $130,000 | 2.00% | 1.90% | ||
| 6/1/26 | $130,000 | 2.00% | 2.00% |
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
Other bidders were:
Robert W. Baird, TIC 1.8671%
CFC Capital, TIC 2.2854%
MINNESOTA
Elk River (City)
Jun 14, 2016 . . . . . . $9,755,000
Electric Revenue Bonds, Series 2016A (bank qualified) (book entry).
Dated Jul 14, 2016.
Due Feb 1, 2019 to 2036.
Callable Feb 1, 2025 at par.
Winning bid: Wells Fargo Secs, at 103.8295, TIC 2.3168%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/19 | $410,000 | 4.00% | 1.00% | ||
| 2/1/20 | $435,000 | 4.00% | 1.15% | ||
| 2/1/21 | $445,000 | 4.00% | 1.25% | ||
| 2/1/22 | $470,000 | 3.00% | 1.35% | ||
| 2/1/23 | $480,000 | 3.00% | 1.45% | ||
| 2/1/24 | $495,000 | 3.00% | 1.55% | ||
| 2/1/25 | $510,000 | 3.00% | 1.65% | ||
| 2/1/26 | $525,000 | 2.00% | 1.75% | ||
| 2/1/27 | $540,000 | 2.00% | 1.85% | ||
| 2/1/28 | $550,000 | 2.00% | 1.95% | ||
| 2/1/29 | $560,000 | 2.25% | 2.05% | ||
| 2/1/30 | $575,000 | 2.25% | 2.15% | ||
| 2/1/31 | $585,000 | 2.50% | 2.25% | ||
| 2/1/32 | $600,000 | 2.50% | 2.35% | ||
| 2/1/33 | $615,000 | 2.75% | 2.45% | ||
| 2/1/34 | $630,000 | 3.00% | 2.55% | ||
| 2/1/35 | $650,000 | 3.00% | 2.60% | ||
| 2/1/36 | $680,000 | 3.00% | 2.65% |
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Piper Jaffray, TIC 2.3942%
Robert W. Baird, TIC 2.4346%
Raymond James, TIC 2.4388%
Stifel Nicolaus, TIC 2.4995%
BA Merrill Lynch, TIC 2.5021%
Mountain Iron-Buhl Independent School District No. 712
Jun 15, 2016 . . . . . . $27,870,000
General Obligation School Building Bonds, Series 2016A (MN SD Credit Enhancement Program) (book entry).
Dated Jul 7, 2016.
Due Feb 1, 2020 to 2037.
Callable Feb 1, 2026 at par.
Winning bid: Piper Jaffray, at 105.7370, TIC 2.5951%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/20 | $855,000 | 3.00% | 1.00% | ||
| 2/1/21 | $1,080,000 | 3.00% | 1.15% | ||
| 2/1/22 | $1,155,000 | 3.00% | 1.30% | ||
| 2/1/23 | $1,190,000 | 3.00% | 1.40% | ||
| 2/1/24 | $1,230,000 | 3.00% | 1.51% | ||
| 2/1/25 | $1,270,000 | 3.00% | 1.60% | ||
| 2/1/26 | $1,315,000 | 4.00% | 1.70% | ||
| 2/1/27 | $1,360,000 | 2.00% | 1.85% | ||
| 2/1/28 | $1,385,000 | 2.00% | 2.00% | ||
| 2/1/29 | $1,420,000 | 2.00% | 2.17% | ||
| 2/1/30 | $1,660,000 | 4.00% | 2.25% | ||
| 2/1/31 | $1,780,000 | 4.00% | 2.31% | ||
| 2/1/32 | $1,865,000 | 4.00% | 2.36% | ||
| 2/1/33 | $1,940,000 | 3.00% | 2.75% | ||
| 2/1/34 | $2,000,000 | 3.00% | 2.80% | ||
| 2/1/35 | $2,060,000 | 3.00% | 2.85% | ||
| 2/1/37 | $4,305,000 | 3.00% | 3.00% |
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Hutchinson Shockey, TIC 2.6232%
Robert W. Baird, TIC 2.6286%
JPMorgan, TIC 2.6446%
Raymond James, TIC 2.6639%
Hilltop Securities, TIC 2.7984%
NEW JERSEY
Fairfield Township, Essex County
Jun 14, 2016 . . . . . . $5,700,000
Bond Anticipation Notes (bank qualified).
Dated Jun 17, 2016.
Due Jun 16, 2017.
Purchased $5,700,000.00 by Jefferies, at 2.0%, plus $58,768.00, effective rate 0.966%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 0.9852%
Valley National Bank, Effective Rate 1.1%
Columbia Bank, Effective Rate 1.25%
Keansburg Borough
Jun 15, 2016 . . . . . . $12,898,619
Bond Anticipation Notes, Series 2016A.
Dated Jun 22, 2016.
Due Jun 22, 2017.
Purchased $12,898,620.00 by Oppenheimer, at 2.0%, plus $107,100.00, effective rate 1.1697%.
L.O.: Dilworth Paxson, Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.188%
Lumberton Township
Jun 15, 2016 . . . . . . $760,000
Bond Anticipation Notes of 2016, Series B (bank qualified).
Dated Jun 23, 2016.
Due May 11, 2017.
Purchased $760,000.00 by ABCO Fed Cred Union, at 1.17%, effective rate 1.17%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TBGC Investment Corp, Effective Rate 1.29%
East Brunswick Twp, Effective Rate 1.2999%
Roosevelt & Cross, Effective Rate 1.3433%
Oppenheimer, Effective Rate 1.676%
Manville Borough
Jun 15, 2016 . . . . . . $3,968,400
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jun 24, 2016.
Due Jun 23, 2017.
Purchased $3,968,400.00 by Oppenheimer, at 2.0%, plus $32,225.00, effective rate 1.1857%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.2258%
Maple Shade Township
Jun 15, 2016 . . . . . . $8,572,449
General Capital Bond Anticipation Note (bank qualified).
Dated Jun 29, 2016.
Due Jun 29, 2017.
Purchased $8,572,450.00 by Jefferies, at 2.0%, plus $44,235.00, effective rate 1.484%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.683%
Salem County
Jun 15, 2016 . . . . . . $7,610,000
Tax-Exempt Bond Anticipation Notes (bank qualified) (book entry).
Dated Jun 23, 2016.
Due Jun 22, 2017.
Purchased $7,610,000.00 by Oppenheimer, at 2.0%, plus $69,405.00, effective rate 1.0854%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Jefferies, Effective Rate 1.129%
TBGC Investment Corp, Effective Rate 1.26%
Union County
Jun 15, 2016 . . . . . . $90,000,000
Bond Anticipation Notes (book entry).
Dated Jun 24, 2016.
Due Jun 23, 2017.
Purchased $50,000,000.00 by Morgan Stanley, at 2.0%, plus $663,500.00, effective rate 0.6693%.
Purchased $40,000,000.00 by JPMorgan, at 2.0%, plus $523,200.00, effective rate 0.6884%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
JPMorgan, Effective Rate 0.6884%
Barclays Capital, Effective Rate 0.6894%
Morgan Stanley, Effective Rate 0.6894%
TD Securities, Effective Rate 0.7245%
BA Merrill Lynch, Effective Rate 0.7345%
Jefferies, Effective Rate 0.7445%
Jefferies, Effective Rate 0.7595%
Barclays Capital, Effective Rate 0.7596%
BA Merrill Lynch, Effective Rate 0.7646%
Barclays Capital, Effective Rate 0.7696%
Jefferies, Effective Rate 0.7796%
Barclays Capital, Effective Rate 0.7796%
Oppenheimer, Effective Rate 0.9802%
Oppenheimer, Effective Rate 1.0303%
Oppenheimer, Effective Rate 1.0804%
NEW MEXICO
Cimarron Municipal School District No. 3
Jun 15, 2016 . . . . . . $1,750,000
General Obligation Lease Purchase Arrangement and Education Technology Notes, Series 2016 (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Aug 1, 2017 to 2021.
Non-callable.
Winning bid: Robert W. Baird, at 101.9086, TIC 1.2314%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $650,000 | 2.00% | 0.75% | ||
| 8/1/18 | $280,000 | 2.00% | 0.90% | ||
| 8/1/19 | $285,000 | 2.00% | 1.00% | ||
| 8/1/20 | $290,000 | 2.00% | 1.10% | ||
| 8/1/21 | $245,000 | 2.00% | 1.20% |
Other managers: CL King & Associates, Cronin & Co., Inc., WNJ Capital, Crews & Associates, Inc., Edward Jones, Ross, Sinclaire & Associates LLC, SAMCO Capital Markets, Davenport & Company LLC, Loop Capital Markets, LLC, Duncan-Williams, Inc., Oppenheimer & Co., Inc., IFS Securities, Sierra Pacific Securities, SumRidge Partners, LLC, Eastern Bank Capital Markets, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., UMB Bank, N.A.., Dougherty & Company LLC, FMSbonds, Inc..
L.O.: Modrall, Sperling, Roehl, Harris & Sisk, Albuquerque, NM.
F.A.: George K. Baum & Co., Albuquerque, NM.
NEW YORK
Brasher Falls Central School District (St. Lawrence Central School District)
Jun 15, 2016 . . . . . . $661,919
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jun 28, 2016.
Due Jun 28, 2017.
Purchased $661,920.00 by JPMorgan Chase, at 1.21%, effective rate 1.21%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.3291%
Oppenheimer, Effective Rate 1.6214%
Candor Central School District
Jun 15, 2016 . . . . . . $12,000,000
Bond Anticipation Notes, 2016.
Dated Jun 29, 2016.
Due Jun 29, 2017.
Purchased $12,000,000.00 by Jefferies, at 2.0%, plus $124,923.00, effective rate 0.959%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
TD Securities, Effective Rate 1.011%
JPMorgan, Effective Rate 1.05%
JPMorgan Chase, Effective Rate 1.05%
Oppenheimer, Effective Rate 1.18%
Churchville-Chili Central School District
Jun 15, 2016 . . . . . . $4,500,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jun 28, 2016.
Due Jun 28, 2017.
Purchased $4,500,000.00 by JPMorgan Chase, at 0.985%, effective rate 0.985%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Jefferies, Effective Rate 1.059%
TD Securities, Effective Rate 1.085%
Oppenheimer, Effective Rate 1.1178%
East Moriches Union Free School District
Jun 15, 2016 . . . . . . $7,000,000
Tax Anticipation Notes for 2016 -2017 Taxes (bank qualified).
Dated Jun 23, 2016.
Due Jun 15, 2017.
Purchased $7,000,000.00 by TD Bank, N.A., at 0.9%, effective rate 0.9%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.08%
Jefferies, Effective Rate 1.0969%
Flushing Comm Bk, Effective Rate 1.6%
Edwards-Knox Central School District
Jun 15, 2016 . . . . . . $8,555,000
Bond Anticipation Notes, 2016 (Renewals) (bank qualified).
Dated Jun 27, 2016.
Due Jun 27, 2017.
Purchased $4,555,000.00 by Jefferies, at 2.0%, plus $39,401.00, effective rate 1.135%.
Purchased $4,000,000.00 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:
Jefferies, Effective Rate 1.135%
Oppenheimer, Effective Rate 1.1693%
Elmira City School District
Jun 15, 2016 . . . . . . $3,588,318
Bond Anticipation Notes-2016 (bank qualified).
Dated Jun 29, 2016.
Due Jun 29, 2017.
Purchased $3,588,320.00 by JPMorgan Chase, at 1.0%, effective rate 1.0%.
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Jefferies, Effective Rate 1.1989%
Oppenheimer, Effective Rate 1.2243%
Fillmore Central School District
Jun 15, 2016 . . . . . . $7,927,904
Bond Anticipation Notes, 2016.
Dated Jun 29, 2016.
Due Jun 29, 2017.
Purchased $7,927,900.00 by Jefferies, at 2.0%, plus $68,499.00, effective rate 1.136%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.1947%
Fulton City School District
Jun 15, 2016 . . . . . . $12,575,000
Bond Anticipation Notes, 2016 (Renewals).
Dated Jun 29, 2016.
Due Jun 29, 2017.
Purchased $12,575,000.00 by Jefferies, at 2.0%, plus $128,267.00, effective rate 0.98%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.02%
TD Securities, Effective Rate 1.02%
JPMorgan, Effective Rate 1.15%
Oppenheimer, Effective Rate 1.1889%
Granville Central School District
Jun 15, 2016 . . . . . . $700,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jun 22, 2016.
Due Jun 22, 2017.
Purchased $700,000.00 by Roosevelt & Cross, at 2.0%, plus $4,697.00, effective rate 1.329%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Glens Falls Natl Bk, Effective Rate 1.33%
Bank of Greene Co, Effective Rate 1.64%
Oppenheimer, Effective Rate 1.6493%
Greece Central School District
Jun 15, 2016 . . . . . . $7,900,000
Bond Anticipation Notes, 2016 (New Issue).
Dated Jun 30, 2016.
Due Jun 30, 2017.
Purchased $7,900,000.00 by Jefferies, at 2.0%, plus $83,505.00, effective rate 0.943%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
TD Securities, Effective Rate 0.966%
JPMorgan Chase, Effective Rate 1.0%
Oppenheimer, Effective Rate 1.09%
Mechanicville City School District
Jun 15, 2016 . . . . . . $920,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jun 23, 2016.
Due Jun 23, 2017.
Purchased $920,000.00 by TD Bank, N.A., at 1.14%, effective rate 1.14%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.3136%
Oppenheimer, Effective Rate 1.5317%
Bank of Greene Co, Effective Rate 1.64%
Nyack Union Free School District
Jun 15, 2016 . . . . . . $16,200,000
Bond Anticipation Notes-2016.
Dated Jun 23, 2016.
Due Jun 23, 2017.
Purchased $16,200,000.00 by JPMorgan, at 2.0%, plus $189,378.00, effective rate 0.831%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
TD Securities, Effective Rate 0.838%
Jefferies, Effective Rate 0.848%
Bank of America, Effective Rate 0.93%
JPMorgan Chase, Effective Rate 0.99%
Oppenheimer, Effective Rate 1.0798%
Orchard Park (Town)
Jun 15, 2016 . . . . . . $9,850,000
Various Purpose (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Jun 28, 2016.
Due Jun 15, 2018 to 2036.
Callable Jun 15, 2025 at par.
Winning bid: Robert W. Baird, at 102.3437, TIC 2.1155%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/18 | $490,000 | 2.00% | 0.80% | ||
| 6/15/19 | $495,000 | 2.00% | 0.90% | ||
| 6/15/20 | $500,000 | 2.00% | 1.00% | ||
| 6/15/21 | $505,000 | 2.00% | 1.10% | ||
| 6/15/22 | $515,000 | 2.00% | 1.20% | ||
| 6/15/23 | $525,000 | 2.00% | 1.30% | ||
| 6/15/24 | $540,000 | 2.00% | 1.40% | ||
| 6/15/25 | $550,000 | 2.00% | 1.50% | ||
| 6/15/26 | $560,000 | 2.00% | 1.60% | ||
| 6/15/27 | $575,000 | 2.00% | 1.70% | ||
| 6/15/28 | $585,000 | 2.00% | 1.80% | ||
| 6/15/29 | $595,000 | 2.00% | 1.90% | ||
| 6/15/30 | $615,000 | 2.25% | 2.00% | ||
| 6/15/31 | $640,000 | 2.50% | 2.10% | ||
| 6/15/32 | $410,000 | 2.50% | 2.20% | ||
| 6/15/33 | $420,000 | 2.75% | 2.30% | ||
| 6/15/34 | $430,000 | 3.00% | 2.40% | ||
| 6/15/35 | $445,000 | 3.00% | 2.45% | ||
| 6/15/36 | $455,000 | 3.00% | 2.50% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, WNJ Capital, Eastern Bank Capital Markets, SAMCO Capital Markets, SumRidge Partners, LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, Wayne Hummer & Co., Sierra Pacific Securities, Alamo Capital, Davenport & Company LLC, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, First Empire Securities, IFS Securities, Dougherty & Company LLC, FMSbonds, Inc..
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Janney Montgomery, TIC 2.119%
Citigroup, TIC 2.1265%
FTN Fin Cap Mkts, TIC 2.139%
Morgan Stanley, TIC 2.1446%
Roosevelt & Cross, TIC 2.1612%
Raymond James, TIC 2.1967%
Wells Fargo Secs, TIC 2.2296%
SunTrust Robinson, TIC 2.2589%
Penfield (Town)
Jun 15, 2016 . . . . . . $2,000,000
Bond Anticipation Notes, 2016 (Renewals) (bank qualified).
Dated Jun 30, 2016.
Due Dec 30, 2016.
Purchased $2,000,000.00 by Jefferies, at 1.5%, plus $5,861.00, effective rate 0.9139%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
First Niagara Bank, Effective Rate 1.1%
Roosevelt & Cross, Effective Rate 1.292%
Oppenheimer, Effective Rate 1.411%
Sodus Central School District
Jun 15, 2016 . . . . . . $2,330,000
Bond Anticipation Notes, 2016 (Renewal) (bank qualified).
Dated Jun 30, 2016.
Due Jun 30, 2017.
Purchased $2,330,000.00 by First Niagara Bank, at 1.01%, effective rate 1.01%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.03%
Oppenheimer, Effective Rate 1.2429%
Roosevelt & Cross, Effective Rate 1.458%
Jefferies, Effective Rate 1.484%
Southern Cayuga Central School District
Jun 15, 2016 . . . . . . $776,564
Bond Anticipation Notes, 2016 Series B (bank qualified).
Dated Jul 12, 2016.
Due Jul 12, 2017.
Purchased $776,560.00 by Roosevelt & Cross, at 1.5%, plus $1,376.00, effective rate 1.3228%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.5582%
Oppenheimer, Effective Rate 1.6049%
Bank of Greene Co, Effective Rate 1.64%
Southern Cayuga Central School District
Jun 15, 2016 . . . . . . $7,350,000
Bond Anticipation Notes, 2016 (Renewals) Series A (bank qualified).
Dated Jun 23, 2016.
Due Jun 23, 2017.
Purchased $7,350,000.00 by Jefferies, at 2.0%, plus $70,341.00, effective rate 1.043%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.1257%
Webster Central School District
Jun 15, 2016 . . . . . . $9,715,105
Bond Anticipation Notes, 2016.
Dated Jun 30, 2016.
Due Jun 30, 2017.
Purchased $9,715,105.00 by TD Securities, at 2.0%, plus $108,517.72, effective rate 0.883%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 0.941%
JPMorgan Chase, Effective Rate 1.0%
Oppenheimer, Effective Rate 1.0923%
West Genesee Central School District
Jun 15, 2016 . . . . . . $3,201,200
Bond Anticipation Notes, 2016 Series A.
Dated Jul 7, 2016.
Due Jul 7, 2017.
Purchased $3,201,200.00 by JPMorgan Chase, at 1.03%, effective rate 1.03%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.065%
Oppenheimer, Effective Rate 1.1349%
Jefferies, Effective Rate 1.1369%
West Genesee Central School District
Jun 15, 2016 . . . . . . $5,000,000
Revenue Anticipation Notes, 2016.
Dated Jun 24, 2016.
Due Dec 16, 2016.
Purchased $5,000,000.00 by JPMorgan Chase, at 1.0%, effective rate 1.0%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.0353%
Oppenheimer, Effective Rate 1.0793%
OHIO
Wayne County
Jun 15, 2016 . . . . . . $4,000,000
County Building Improvement (General Obligation Limited Tax) Bond Anticipation Notes, Series 2016 (bank qualified).
Dated Jun 30, 2016.
Due Jun 30, 2017.
Purchased $4,000,000.00 by TD Securities, at 2.0%, plus $47,600.00, effective rate 0.81%.
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: Sudsina & Associates, Aurora, OH.
Other bidders were:
KeyBanc Cap Mkts, Effective Rate 0.859%
Huntington Invest, Effective Rate 0.87%
Jefferies, Effective Rate 0.947%
Oppenheimer, Effective Rate 0.98%
City Securities, Effective Rate 1.106%
OKLAHOMA
Okmulgee County Independent School District No. 2 (Henryetta)
Jun 15, 2016 . . . . . . $690,000
Building Bonds of 2016 (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Aug 1, 2018.
Non-callable.
Winning bid: UMB Bank, at n/a, NIC 1.025%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $690,000 | 1.50% | 1.50% |
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Country Club Bank, NIC 1.24%
F&M Bank, NIC 1.2493%
American Bk Wagoner, NIC 1.5%
OREGON
Eugene (City)
Jun 14, 2016 . . . . . . $10,125,000
General Obligation and Refunding Bonds, Series 2016 (book entry).
Dated Jun 28, 2016.
Due Jun 1, 2017 to 2026.
Non-callable.
Winning bid: Piper Jaffray, at 107.7883, TIC 1.147%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $2,060,000 | 5.00% | 0.65% | ||
| 6/1/18 | $2,110,000 | 5.00% | 0.73% | ||
| 12/1/18 | $1,430,000 | 4.00% | 0.78% | ||
| 6/1/19 | $720,000 | 2.00% | 0.82% | ||
| 6/1/20 | $715,000 | 2.00% | 0.93% | ||
| 6/1/21 | $710,000 | 4.00% | 1.02% | ||
| 6/1/22 | $705,000 | 4.00% | 1.13% | ||
| 6/1/23 | $475,000 | 2.00% | 1.27% | ||
| 6/1/24 | $400,000 | 3.00% | 1.38% | ||
| 6/1/25 | $400,000 | 3.00% | 1.50% | ||
| 6/1/26 | $400,000 | 3.00% | 1.60% |
L.O.: Hawkins, Delafield & Wood, Portland, OR.
F.A.: Western Financial Group, LLC, Portland, OR.
Other bidders were:
Hutchinson Shockey, TIC 1.1515%
Janney Montgomery, TIC 1.1549%
JPMorgan, TIC 1.1858%
KeyBanc Cap Mkts, TIC 1.2129%
Robert W. Baird, TIC 1.2148%
Citigroup, TIC 1.2483%
UBS Financial Svcs, TIC 1.2986%
Hilltop Securities, TIC 1.3162%
TENNESSEE
Memphis (City)
Jun 14, 2016 . . . . . . $69,885,000
General Improvement Bonds, Series 2016 (book entry).
Dated Jun 30, 2016.
Due May 1, 2017 to 2041.
Callable May 1, 2024 at par.
Winning bid: Wells Fargo Secs, at 107.5009, TIC 2.88%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $2,040,000 | 5.00% | 0.61% | ||
| 5/1/18 | $1,710,000 | 5.00% | 0.73% | ||
| 5/1/19 | $1,795,000 | 5.00% | 0.84% | ||
| 5/1/20 | $1,885,000 | 5.00% | 0.96% | ||
| 5/1/21 | $1,980,000 | 5.00% | 1.09% | ||
| 5/1/22 | $2,080,000 | 5.00% | 1.22% | ||
| 5/1/23 | $2,180,000 | 5.00% | 1.35% | ||
| 5/1/24 | $2,290,000 | 5.00% | 1.60% | ||
| 5/1/25 | $2,405,000 | 5.00% | 1.61% | ||
| 5/1/26 | $2,525,000 | 4.00% | 1.64% | ||
| 5/1/27 | $2,625,000 | 2.50% | 1.94% | ||
| 5/1/28 | $2,695,000 | 2.75% | 2.10% | ||
| 5/1/29 | $2,765,000 | 2.75% | 2.19% | ||
| 5/1/30 | $2,845,000 | 3.00% | 2.32% | ||
| 5/1/31 | $2,930,000 | 3.00% | 2.43% | ||
| 5/1/32 | $3,015,000 | 3.125% | 2.51% | ||
| 5/1/33 | $3,110,000 | 3.25% | 2.61% | ||
| 5/1/34 | $3,210,000 | 3.25% | 2.68% | ||
| 5/1/35 | $3,315,000 | 3.50% | 2.79% | ||
| 5/1/36 | $3,430,000 | 3.50% | 2.87% | ||
| 5/1/37 | $3,550,000 | 3.50% | 2.90% | ||
| 5/1/38 | $3,675,000 | 3.50% | 2.92% | ||
| 5/1/39 | $3,805,000 | 3.625% | 2.93% | ||
| 5/1/40 | $3,940,000 | 3.625% | 2.94% | ||
| 5/1/41 | $4,085,000 | 3.625% | 2.95% |
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Dallas, TX; and ComCap Advisors a division of Community Capital, Memphis, TN.
Other bidders were:
Raymond James, TIC 2.924%
Citigroup, TIC 2.9291%
BA Merrill Lynch, TIC 2.957%
Hutchinson Shockey, TIC 3.0289%
JPMorgan, TIC 3.1058%
FTN Fin Cap Mkts, TIC 3.1393%
SunTrust Robinson, TIC 3.1403%
WISCONSIN
Brown County
Jun 15, 2016 . . . . . . $7,135,000
General Obligation Corporate Purpose Bonds, Series 2016A (bank qualified) (book entry).
Dated Jun 30, 2016.
Due Nov 1, 2017 to 2035.
Callable Nov 1, 2025 at par.
Winning bid: BOSC, at 101.7605, TIC 1.8997%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/17 | $325,000 | 2.00% | 0.60% | ||
| 11/1/18 | $330,000 | 2.00% | 0.75% | ||
| 11/1/19 | $335,000 | 2.00% | 0.90% | ||
| 11/1/20 | $345,000 | 2.00% | 1.00% | ||
| 11/1/21 | $355,000 | 2.00% | 1.10% | ||
| 11/1/22 | $360,000 | 2.00% | 1.20% | ||
| 11/1/23 | $365,000 | 2.00% | 1.30% | ||
| 11/1/24 | $375,000 | 2.00% | 1.40% | ||
| 11/1/25 | $350,000 | 2.00% | 1.50% | ||
| 11/1/26 | $355,000 | 2.00% | 1.60% | ||
| 11/1/27 | $365,000 | 2.00% | 1.65% | ||
| 11/1/28 | $375,000 | 2.00% | 1.75% | ||
| 11/1/29 | $380,000 | 2.00% | 1.85% | ||
| 11/1/30 | $390,000 | 2.00% | 1.95% | ||
| 11/1/31 | $400,000 | 2.00% | 2.00% | ||
| 11/1/32 | $415,000 | 2.10% | 2.10% | ||
| 11/1/33 | $425,000 | 2.15% | 2.15% | ||
| 11/1/34 | $440,000 | 2.25% | 2.25% | ||
| 11/1/35 | $450,000 | 2.35% | 2.35% |
Other managers: Stifel, Nicolaus & Co., Inc., SunTrust Robinson Humphrey.
L.O.: Whyte Hirschboeck Dudek S.C., Milwaukee, WI.
F.A.: Public Financial Management, Inc., Milwaukee, WI.
Other bidders were:
FTN Fin Cap Mkts, TIC 1.9194%
Piper Jaffray, TIC 1.9528%
Robert W. Baird, TIC 2.0115%
Wells Fargo Secs, TIC 2.1763%
Gateway Technical College District
Jun 15, 2016 . . . . . . $7,000,000
General Obligation Promissory Notes, Series 2016-2017A (book entry).
Dated Jul 6, 2016.
Due Apr 1, 2018 to 2026.
Callable Apr 1, 2024 at par.
Winning bid: Hutchinson Shockey, at 101.8202, TIC 1.34%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $215,000 | 0.05% | 0.85% | ||
| 4/1/19 | $1,030,000 | 0.05% | 1.00% | ||
| 4/1/20 | $1,360,000 | 1.50% | 1.05% | ||
| 4/1/21 | $2,895,000 | 2.00% | 1.15% | ||
| 4/1/22 | $300,000 | 2.00% | 1.25% | ||
| 4/1/23 | $300,000 | 2.00% | 1.35% | ||
| 4/1/24 | $300,000 | 2.00% | 1.45% | ||
| 4/1/25 | $300,000 | 2.00% | 1.60% | ||
| 4/1/26 | $300,000 | 2.00% | 1.75% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
FTN Fin Cap Mkts, TIC 1.3923%
TAXABLE ISSUES
MARYLAND
Frederick County
Jun 15, 2016 . . . . . . $34,820,000
General Obligation Public Facilities Taxable Refunding Bonds, Series 2016B (book entry).
Dated Jun 29, 2016.
Due Aug 1, 2017 to 2036.
Callable Aug 1, 2026 at par.
Winning bid: Raymond James, at 102.1119, TIC 2.5322%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $1,415,000 | 3.00% | 0.60% | ||
| 8/1/18 | $1,430,000 | 3.00% | 0.85% | ||
| 8/1/19 | $1,445,000 | 3.00% | 1.00% | ||
| 8/1/20 | $1,470,000 | 3.00% | 1.15% | ||
| 8/1/21 | $1,495,000 | 3.00% | 1.38% | ||
| 8/1/22 | $1,525,000 | 3.00% | 1.53% | ||
| 8/1/23 | $1,555,000 | 3.00% | 1.86% | ||
| 8/1/24 | $1,590,000 | 3.00% | 1.96% | ||
| 8/1/25 | $1,625,000 | 2.06% | 2.06% | ||
| 8/1/26 | $1,665,000 | 2.21% | 2.21% | ||
| 8/1/27 | $1,710,000 | 2.31% | 2.31% | ||
| 8/1/28 | $1,760,000 | 2.41% | 2.41% | ||
| 8/1/29 | $1,810,000 | 2.46% | 2.46% | ||
| 8/1/30 | $1,860,000 | 2.56% | 2.56% | ||
| 8/1/31 | $1,920,000 | 2.61% | 2.61% | ||
| 8/1/32 | $1,975,000 | 3.00% | 2.71% | ||
| 8/1/33 | $2,040,000 | 3.00% | 2.76% | ||
| 8/1/34 | $2,105,000 | 3.00% | 2.82% | ||
| 8/1/35 | $2,175,000 | 2.90% | 2.90% | ||
| 8/1/36 | $2,250,000 | 2.92% | 2.92% |
Other managers: UBS Financial Services, Inc..
L.O.: Venable LLP, Baltimore, MD.
F.A.: Davenport & Company LLC, Towson, MD.
Other bidders were:
JPMorgan, TIC 2.5414%
Piper Jaffray, TIC 2.5518%
Citigroup, TIC 2.5521%
Wells Fargo Secs, TIC 2.5558%
Robert W. Baird, TIC 2.5689%
Morgan Stanley, TIC 2.5705%
FTN Fin Cap Mkts, TIC 2.5994%
SunTrust Robinson, TIC 2.6746%
NEW JERSEY
Salem County
Jun 15, 2016 . . . . . . $350,000
Federally Taxable Bond Anticipation Notes (book entry).
Dated Jun 23, 2016.
Due Jun 22, 2017.
Purchased $350,000.00 by East Brunswick Twp, at 1.3%, effective rate 1.2999%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
TBGC Investment Corp, Effective Rate 2.0%
