INDIANA
Fort Wayne (City)
Jun 16, 2016 . . . . . . $35,440,000
Sewage Works Refunding Revenue Bonds of 2016 (book entry).
Dated Jun 30, 2016.
Due Aug 1, 2016 to 2027.
Callable Aug 1, 2024 at par.
Winning bid: Fifth Third Secs, at 107.9271, NIC 1.7652%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/16 | $315,000 | 1.00% | 0.50% | ||
| 8/1/17 | $3,245,000 | 1.50% | 0.74% | ||
| 8/1/18 | $3,295,000 | 2.00% | 0.85% | ||
| 8/1/19 | $3,355,000 | 2.00% | 1.00% | ||
| 8/1/20 | $3,425,000 | 3.00% | 1.13% | ||
| 8/1/21 | $3,530,000 | 3.00% | 1.29% | ||
| 8/1/22 | $3,630,000 | 3.00% | 1.42% | ||
| 8/1/23 | $3,735,000 | 4.00% | 1.54% | ||
| 8/1/24 | $3,885,000 | 4.00% | 1.66% | ||
| 8/1/25 | $4,040,000 | 4.00% | 1.79% | ||
| 8/1/26 | $1,480,000 | 2.00% | 2.00% | ||
| 8/1/27 | $1,505,000 | 2.00% | 2.10% |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
Piper Jaffray, NIC 1.7981%
Hutchinson Shockey, NIC 1.8229%
Mesirow Financial, NIC 1.9166%
Jefferies, NIC 1.9323%
KeyBanc Cap Mkts, NIC 1.9336%
BA Merrill Lynch, NIC 1.9719%
J.J.B. Hilliard, NIC 1.9935%
Wells Fargo Secs, NIC 2.0%
Orleans Public Library Building Corporation
Jun 16, 2016 . . . . . . $1,115,000
First Mortgage Bonds, Series 2016 (bank qualified).
Dated Jul 6, 2016.
Due Jan 15, 2018 to 2036.
Callable Jan 15, 2026 at par.
Winning bid: City Securities, at 99.8582, TIC 2.7655%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/15/18 | $25,000 | 2.00% | 1.00% | ||
| 7/15/18 | $25,000 | 2.00% | 1.10% | ||
| 1/15/19 | $25,000 | 2.00% | 1.20% | ||
| 7/15/19 | $25,000 | 2.00% | 1.30% | ||
| 7/15/20 | $50,000 | 2.00% | 1.40% | ||
| 7/15/22 | $100,000 | 2.00% | 1.60% | ||
| 7/15/24 | $110,000 | 2.00% | 1.90% | ||
| 7/15/27 | $180,000 | 2.25% | 2.25% | ||
| 7/15/30 | $180,000 | 3.00% | 2.50% | ||
| 7/15/33 | $210,000 | 3.00% | 2.75% | ||
| 1/15/36 | $185,000 | 3.00% | 3.00% |
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: London Witte Group, Indianapolis, IN.
Other bidders were:
J.J.B. Hilliard, TIC 2.9447%
Ross Sinclaire, TIC 3.1999%
MASSACHUSETTS
Hanover (Town)
Jun 16, 2016 . . . . . . $14,675,000
General Obligation Refunding Bonds (book entry).
Dated Jun 24, 2016.
Due May 15, 2017 to 2029.
Callable May 15, 2026 at par.
Winning bid: Janney Montgomery, at 112.0930, TIC 1.5499%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/15/17 | $280,000 | 3.00% | 0.61% | ||
| 5/15/18 | $270,000 | 4.00% | 0.70% | ||
| 5/15/19 | $410,000 | 4.00% | 0.80% | ||
| 5/15/20 | $1,395,000 | 4.00% | 0.95% | ||
| 5/15/21 | $1,425,000 | 4.00% | 1.06% | ||
| 5/15/22 | $1,450,000 | 4.00% | 1.16% | ||
| 5/15/23 | $1,485,000 | 4.00% | 1.20% | ||
| 5/15/24 | $1,515,000 | 4.00% | 1.33% | ||
| 5/15/25 | $1,270,000 | 4.00% | 1.45% | ||
| 5/15/26 | $1,310,000 | 4.00% | 1.55% | ||
| 5/15/27 | $1,330,000 | 2.00% | 1.70% | ||
| 5/15/28 | $1,260,000 | 2.00% | 1.90% | ||
| 5/15/29 | $1,275,000 | 2.00% | 2.10% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Morgan Stanley, TIC 1.5915%
Robert W. Baird, TIC 1.6074%
JPMorgan, TIC 1.6109%
BA Merrill Lynch, TIC 1.6226%
Citigroup, TIC 1.6562%
Webster (Town)
Jun 17, 2016 . . . . . . $677,975
General Obligation Bond Anticipation Notes (renewals) (bank qualified).
Dated Jun 24, 2016.
Due Jun 23, 2017.
Purchased $677,980.00 by Easthampton Svgs Bk, at 0.8%, effective rate 0.8%.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 0.85%
UniBank Fiscal Adv, Effective Rate 0.85%
Century Bk, Effective Rate 0.85%
MICHIGAN
Michigan Center School District
Jun 16, 2016 . . . . . . $10,500,000
2016 School Building and Site Bonds (General Obligation-Unlimited Tax).
Dated Jun 29, 2016.
Due Nov 1, 2016 to May 1, 2046.
Callable May 1, 2026 at par.
Winning bid: Stifel Nicolaus, at 99.4000, TIC 2.8821%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/16 | $125,000 | 2.00% | 0.75% | AGM | |
| 5/1/17 | $135,000 | 2.00% | 0.85% | AGM | |
| 11/1/17 | $135,000 | 2.00% | 0.95% | AGM | |
| 5/1/18 | $140,000 | 2.00% | 1.05% | AGM | |
| 11/1/18 | $135,000 | 2.00% | 1.15% | AGM | |
| 5/1/19 | $145,000 | 2.00% | 1.20% | AGM | |
| 11/1/19 | $135,000 | 2.00% | 1.25% | AGM | |
| 5/1/20 | $155,000 | 2.00% | 1.30% | AGM | |
| 11/1/20 | $135,000 | 2.00% | 1.40% | AGM | |
| 5/1/21 | $160,000 | 2.00% | 1.45% | AGM | |
| 11/1/21 | $145,000 | 2.00% | 1.55% | AGM | |
| 5/1/22 | $155,000 | 2.00% | 1.60% | AGM | |
| 11/1/22 | $145,000 | 2.00% | 1.65% | AGM | |
| 5/1/23 | $165,000 | 2.00% | 1.70% | AGM | |
| 11/1/23 | $150,000 | 2.00% | 1.75% | AGM | |
| 5/1/24 | $165,000 | 2.00% | 1.80% | AGM | |
| 11/1/24 | $155,000 | 2.00% | 1.85% | AGM | |
| 5/1/25 | $170,000 | 2.00% | 1.90% | AGM | |
| 11/1/25 | $160,000 | 2.00% | 1.95% | AGM | |
| 5/1/26 | $175,000 | 2.00% | 2.00% | AGM | |
| 11/1/26 | $165,000 | 2.00% | 2.05% | AGM | |
| 11/1/28 | $700,000 | 2.25% | 2.25% | AGM | |
| 11/1/30 | $730,000 | 3.00% | 2.375% | AGM | |
| 11/1/32 | $780,000 | 3.00% | 2.50% | AGM | |
| 11/1/34 | $820,000 | 3.00% | 2.60% | AGM | |
| 11/1/36 | $865,000 | 3.00% | 2.70% | AGM | |
| 11/1/38 | $915,000 | 3.00% | 2.75% | AGM | |
| 5/1/42 | $1,780,000 | 3.00% | 2.80% | AGM | |
| 5/1/46 | $760,000 | 3.00% | 2.85% | AGM |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Umbaugh LLP, Okemos, MI.
Other bidders were:
Robert W. Baird, TIC 2.9044%
BA Merrill Lynch, TIC 2.9539%
Hutchinson Shockey, TIC 2.9959%
FTN Fin Cap Mkts, TIC 3.1398%
NEW YORK
Cairo-Durham Central School District
Jun 17, 2016 . . . . . . $3,100,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jun 30, 2016.
Due Jun 30, 2017.
Purchased $3,100,000.00 by Jefferies, at 2.0%, plus $25,205.00, effective rate 1.1869%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.3536%
Marion (Town)
Jun 17, 2016 . . . . . . $1,716,000
Bond Anticipation Notes, 2016 (New Issue) (bank qualified).
Dated Jun 29, 2016.
Due Jun 29, 2017.
Purchased $1,716,000.00 by Roosevelt & Cross, at 2.0%, plus $100.00, effective rate 1.9942%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 2.0824%
TAXABLE ISSUES
IOWA
Northeast Iowa Community College (Merged Area I)
Jun 17, 2016 . . . . . . $2,540,000
Taxable Industrial New Jobs Training Certificates, Series 2016-1 (book entry).
Dated Jul 12, 2016.
Due Jun 1, 2017 to 2026.
Callable Jun 1, 2021 at par.
Winning bid: BOSC, at 99.8422, TIC 1.9151%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $145,000 | 1.50% | 0.70% | ||
| 6/1/18 | $265,000 | 1.50% | 0.90% | ||
| 6/1/19 | $240,000 | 1.50% | 1.05% | ||
| 6/1/20 | $250,000 | 1.50% | 1.25% | ||
| 6/1/21 | $255,000 | 1.50% | 1.45% | ||
| 6/1/22 | $280,000 | 1.60% | 1.60% | ||
| 6/1/23 | $265,000 | 1.85% | 1.85% | ||
| 6/1/24 | $265,000 | 2.00% | 2.00% | ||
| 6/1/25 | $270,000 | 2.15% | 2.15% | ||
| 6/1/26 | $305,000 | 2.25% | 2.25% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
UMB Bank, TIC 1.9781%
Robert W. Baird, TIC 1.9901%
Northland Securities, TIC 2.0806%
Hutchinson Shockey, TIC 2.1516%
Bernardi Securities, TIC 2.2933%
