CALIFORNIA
Los Altos School District
Jul 7, 2016 . . . . . . $32,550,000
2016 General Obligation Refunding Bonds (book entry).
Dated Aug 1, 2016.
Due Aug 1, 2017 to 2022.
Non-callable.
Winning bid: Morgan Stanley, at 111.8659, TIC 0.7359%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $4,885,000 | 5.00% | 0.47% | ||
| 8/1/18 | $5,390,000 | 5.00% | 0.55% | ||
| 8/1/19 | $5,920,000 | 5.00% | 0.63% | ||
| 8/1/20 | $6,490,000 | 5.00% | 0.72% | ||
| 8/1/21 | $7,105,000 | 4.00% | 0.84% | ||
| 8/1/22 | $2,760,000 | 2.00% | 0.90% |
Other managers: Ramirez & Co., Inc., Intercoastal Capital Markets, Inc..
L.O.: Dannis Woliver Kelley, San Diego, CA.
F.A.: Public Financial Management, Inc., San Francisco, CA.
Other bidders were:
JPMorgan, TIC 0.743%
TD Securities, TIC 0.7586%
Raymond James, TIC 0.7586%
Wells Fargo Secs, TIC 0.76%
Piper Jaffray, TIC 0.7666%
Hutchinson Shockey, TIC 0.7711%
BA Merrill Lynch, TIC 0.7745%
Janney Montgomery, TIC 0.7772%
Citigroup, TIC 0.7876%
Robert W. Baird, TIC 0.8456%
Sweetwater Authority
Jul 7, 2016 . . . . . . $16,755,000
Water Revenue Bonds, Series 2016A (book entry).
Dated Jul 28, 2016.
Due Apr 1, 2017 to 2022.
Non-callable.
Winning bid: Fidelity Capital, at 111.5723, TIC 0.8669%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $2,560,000 | 5.00% | 0.50% | ||
| 4/1/18 | $2,430,000 | 5.00% | 0.56% | ||
| 4/1/19 | $2,555,000 | 5.00% | 0.64% | ||
| 4/1/20 | $2,930,000 | 5.00% | 0.73% | ||
| 4/1/21 | $3,080,000 | 4.00% | 0.90% | ||
| 4/1/22 | $3,200,000 | 4.00% | 1.00% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, UBS Financial Services, Inc., City Securities Corp., Wedbush Securities Inc..
L.O.: Stradling, Yocca, Carlson & Rauth, Newport Beach, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
Other bidders were:
BA Merrill Lynch, TIC 0.8847%
JPMorgan, TIC 0.8895%
Janney Montgomery, TIC 0.8933%
Piper Jaffray, TIC 0.8942%
Morgan Stanley, TIC 0.8999%
Mesirow Financial, TIC 0.9002%
Robert W. Baird, TIC 0.9647%
Hutchinson Shockey, TIC 1.003%
CONNECTICUT
Oxford (Town)
Jul 7, 2016 . . . . . . $5,896,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Jul 21, 2016.
Due Nov 1, 2016.
Purchased $5,896,000.00 by Eastern Bk Cap Mkts, at 1.5%, plus $14,428.82, effective rate 0.619%.
L.O.: Joseph Fasi LLC, Hartford, CT.
F.A.: Dixworks LLC, Avon, CT.
Other bidders were:
Jefferies, Effective Rate 0.834%
TD Securities, Effective Rate 0.8552%
FLORIDA
Florida State Board of Education
Jul 7, 2016 . . . . . . $218,885,000
Public Education Capital Outlay Refunding Bonds 2016 Series D (book entry).
Dated Aug 4, 2016.
Due Jun 1, 2018 to 2037.
Callable Jun 1, 2026 at par.
Winning bid: Morgan Stanley, at 115.9819, TIC 2.3115%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $6,845,000 | 5.00% | 0.62% | ||
| 6/1/19 | $7,190,000 | 5.00% | 0.67% | ||
| 6/1/20 | $7,550,000 | 5.00% | 0.78% | ||
| 6/1/21 | $7,925,000 | 5.00% | 0.93% | ||
| 6/1/22 | $8,325,000 | 5.00% | 1.08% | ||
| 6/1/23 | $8,740,000 | 5.00% | 1.16% | ||
| 6/1/24 | $9,180,000 | 5.00% | 1.26% | ||
| 6/1/25 | $9,635,000 | 5.00% | 1.35% | ||
| 6/1/26 | $10,120,000 | 4.00% | 1.44% | ||
| 6/1/27 | $10,525,000 | 5.00% | 1.55% | ||
| 6/1/28 | $11,045,000 | 5.00% | 1.60% | ||
| 6/1/29 | $11,595,000 | 4.00% | 1.77% | ||
| 6/1/30 | $12,060,000 | 4.00% | 1.86% | ||
| 6/1/31 | $12,545,000 | 4.00% | 1.92% | ||
| 6/1/32 | $13,050,000 | 4.00% | 2.00% | ||
| 6/1/33 | $13,570,000 | 4.00% | 2.05% | ||
| 6/1/34 | $14,115,000 | 3.00% | 2.52% | ||
| 6/1/35 | $14,535,000 | 3.00% | 2.56% | ||
| 6/1/36 | $14,970,000 | 2.625% | 2.69% | ||
| 6/1/37 | $15,365,000 | 3.00% | 2.63% |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Jefferies LLC, FTN Financial Capital Markets, UBS Financial Services, Inc., City Securities Corp..
L.O.: Squire Patton Boggs (US) LLP, Tampa, FL.
F.A.: Division of Bond Finance, Tallahassee, FL.
Other bidders were:
Wells Fargo Secs, TIC 2.326%
BA Merrill Lynch, TIC 2.3422%
Citigroup, TIC 2.3537%
JPMorgan, TIC 2.3864%
Barclays Capital, TIC 2.4572%
IOWA
Center Point-Urbana Community School District
Jul 7, 2016 . . . . . . $1,770,000
General Obligation School Bonds, Series 2016 (bank qualified) (book entry).
Dated Aug 3, 2016.
Due May 1, 2017 to 2036.
Callable May 1, 2026 at par.
Winning bid: UMB Bank, at 103.2802, TIC 2.0998%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $85,000 | 1.50% | 0.65% | ||
| 5/1/21 | $160,000 | 2.00% | 1.00% | ||
| 5/1/22 | $170,000 | 2.00% | 1.15% | ||
| 5/1/23 | $150,000 | 2.00% | 1.30% | ||
| 5/1/24 | $165,000 | 2.00% | 1.40% | ||
| 5/1/25 | $165,000 | 2.00% | 1.50% | ||
| 5/1/26 | $140,000 | 2.00% | 1.60% | ||
| 5/1/27 | $125,000 | 2.00% | 1.65% | ||
| 5/1/28 | $130,000 | 2.00% | 1.75% | ||
| 5/1/30 | $180,000 | 2.00% | 2.00% | ||
| 5/1/36 | $300,000 | 3.00% | 2.30% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
Robert W. Baird, TIC 2.2786%
FTN Fin Cap Mkts, TIC 2.2818%
Northland Securities, TIC 2.3573%
SunTrust Robinson, TIC 2.3811%
Bernardi Securities, TIC 2.4318%
KENTUCKY
Hardin County Water District No. 2
Jul 7, 2016 . . . . . . $2,180,000
Water System Refunding Revenue Bonds, Series 2016B (bank qualified) (book entry).
Dated Aug 9, 2016.
Due Jan 1, 2017 to 2026.
Non-callable.
Winning bid: Raymond James, at 106.8637, TIC 1.5311%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/1/17 | $200,000 | 2.00% | 0.65% | ||
| 1/1/18 | $195,000 | 2.00% | 0.70% | ||
| 1/1/19 | $200,000 | 3.00% | 0.85% | ||
| 1/1/20 | $205,000 | 3.00% | 1.00% | ||
| 1/1/21 | $215,000 | 3.00% | 1.20% | ||
| 1/1/22 | $220,000 | 3.00% | 1.25% | ||
| 1/1/23 | $225,000 | 3.00% | 1.35% | ||
| 1/1/24 | $235,000 | 3.00% | 1.50% | ||
| 1/1/25 | $240,000 | 3.00% | 1.60% | ||
| 1/1/26 | $245,000 | 3.00% | 1.70% |
L.O.: Stoll, Keenon Ogden PLLC, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Cecilian Bank, TIC 1.5736%
Stifel Nicolaus, TIC 1.5801%
City Securities, TIC 1.5985%
Ross Sinclaire, TIC 1.7831%
Hardin County Water District No. 2
Jul 7, 2016 . . . . . . $2,430,000
Water System Refunding Revenue Bonds, Series 2016C (bank qualified) (book entry).
Dated Aug 9, 2016.
Due Jan 1, 2017 to 2025.
Non-callable.
Winning bid: Raymond James, at 106.7139, TIC 1.4368%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/1/17 | $230,000 | 2.00% | 0.65% | ||
| 1/1/18 | $235,000 | 2.00% | 0.70% | ||
| 1/1/19 | $245,000 | 3.00% | 0.85% | ||
| 1/1/20 | $250,000 | 3.00% | 1.00% | ||
| 1/1/21 | $265,000 | 3.00% | 1.20% | ||
| 1/1/22 | $280,000 | 3.00% | 1.20% | ||
| 1/1/23 | $295,000 | 3.00% | 1.35% | ||
| 1/1/24 | $310,000 | 3.00% | 1.50% | ||
| 1/1/25 | $320,000 | 3.00% | 1.60% |
L.O.: Stoll, Keenon Ogden PLLC, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Cecilian Bank, TIC 1.4684%
Stifel Nicolaus, TIC 1.4752%
City Securities, TIC 1.4898%
Hutchinson Shockey, TIC 1.5056%
Ross Sinclaire, TIC 1.6702%
Larue County School District Finance Corporation
Jul 7, 2016 . . . . . . $3,805,000
Energy Conservation Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jul 28, 2016.
Due Aug 1, 2017 to 2036.
Callable Aug 1, 2025 at par.
Winning bid: Duncan-Williams, at 98.9209, NIC 2.4684%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $205,000 | 1.00% | 1.00% | ||
| 8/1/21 | $365,000 | 1.35% | 1.35% | ||
| 8/1/25 | $600,000 | 1.75% | 1.75% | ||
| 8/1/29 | $765,000 | 2.15% | 2.15% | ||
| 8/1/32 | $705,000 | 2.375% | 2.40% | ||
| 8/1/34 | $545,000 | 2.625% | 2.65% | ||
| 8/1/36 | $620,000 | 2.75% | 2.75% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
SunTrust Robinson, NIC 2.5749%
City Securities, NIC 2.6373%
Ross Sinclaire, NIC 2.6485%
Raymond James, NIC 2.8519%
MASSACHUSETTS
Quincy (City)
Jul 7, 2016 . . . . . . $4,000,000
General Obligation Bond Anticipation Notes (renewal).
Dated Jul 15, 2016.
Due Jul 14, 2017.
Purchased $4,000,000.00 by Eastern Bk Cap Mkts, at 2.0%, plus $43,957.56, effective rate 0.898%.
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 0.9244%
TD Securities, Effective Rate 0.9601%
Oppenheimer, Effective Rate 0.9883%
Jefferies, Effective Rate 1.0256%
MINNESOTA
Orono Independent School District No. 278
Jul 7, 2016 . . . . . . $36,450,000
General Obligation School Building Refunding Bonds, Series 2016A (MN SD Credit Enhancement Program) (book entry).
Dated Aug 4, 2016.
Due Feb 1, 2018 to 2029.
Callable Feb 1, 2026 at par.
Winning bid: Raymond James, at 112.2183, TIC 1.5921%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $1,385,000 | 4.00% | 0.62% | ||
| 2/1/19 | $3,320,000 | 4.00% | 0.70% | ||
| 2/1/20 | $2,665,000 | 4.00% | 0.80% | ||
| 2/1/21 | $2,770,000 | 4.00% | 0.91% | ||
| 2/1/22 | $2,850,000 | 4.00% | 1.04% | ||
| 2/1/23 | $2,970,000 | 4.00% | 1.13% | ||
| 2/1/24 | $3,100,000 | 4.00% | 1.25% | ||
| 2/1/25 | $3,220,000 | 4.00% | 1.35% | ||
| 2/1/26 | $3,360,000 | 4.00% | 1.45% | ||
| 2/1/27 | $3,510,000 | 2.25% | 1.79% | ||
| 2/1/28 | $3,595,000 | 2.50% | 1.98% | ||
| 2/1/29 | $3,705,000 | 2.75% | 2.03% |
Other managers: Morgan Stanley & Co., Inc., Jefferies LLC, FTN Financial Capital Markets, Ramirez & Co., Inc..
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 1.6029%
Citigroup, TIC 1.603%
BA Merrill Lynch, TIC 1.6578%
Hutchinson Shockey, TIC 1.6927%
Wells Fargo Secs, TIC 1.699%
Robert W. Baird, TIC 1.7542%
NEW JERSEY
Hopewell Township - Mercer County
Jul 7, 2016 . . . . . . $4,205,430
$4,162,680Bond Anticipation Note and $42,750 Sewer Utility Bond Anticipation Note (bank qualified) (book entry).
Dated Jul 19, 2016.
Due Apr 7, 2017.
Purchased $4,205,430.00 by TD Bank, N.A., at 0.75%, effective rate 0.75%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 0.832%
Jefferies, Effective Rate 0.844%
Oppenheimer, Effective Rate 1.0816%
Netcong Borough
Jul 7, 2016 . . . . . . $1,004,700
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jul 15, 2016.
Due Jul 14, 2017.
Purchased $1,004,700.00 by Valley National Bank, at 1.01%, effective rate 1.01%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TBGC Investment Corp, Effective Rate 1.21%
Oppenheimer, Effective Rate 2.0327%
Wenonah Borough
Jul 6, 2016 . . . . . . $1,960,455
$590,080 Bond Anticipation Notes and $1,370,375 Water-Sewer Utility Notes (bank qualified).
Dated Jul 13, 2016.
Due Jul 13, 2017.
Purchased $1,960,460.00 by Ocean First Bank, at 1.15%, effective rate 1.15%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.933%
NEW YORK
Cooperstown Central School District
Jul 7, 2016 . . . . . . $5,959,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jul 21, 2016.
Due Jun 30, 2017.
Purchased $5,959,000.00 by TD Securities, at 1.75%, plus $44,275.37, effective rate 0.961%.
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.0686%
Jefferies, Effective Rate 1.0899%
Duanesburg Central School District
Jul 7, 2016 . . . . . . $11,000,000
Bond Anticipation Notes, 2016.
Dated Jul 21, 2016.
Due Jul 21, 2017.
Purchased $11,000,000.00 by Jefferies, at 1.5%, plus $69,742.00, effective rate 0.866%.
L.O.: Walsh & Walsh, LLP, Saratoga Springs, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 0.96%
JPMorgan, Effective Rate 1.06%
Oppenheimer, Effective Rate 1.06%
Edgemont Union Free School District at Greenburgh
Jul 7, 2016 . . . . . . $2,800,000
School District Serial Bonds - 2016 (bank qualified) (book entry).
Dated Jul 19, 2016.
Due Jun 15, 2017 to 2031.
Callable Jun 15, 2023 at par.
Winning bid: Roosevelt & Cross, at 101.5418, TIC 1.7926%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $175,000 | 2.00% | 0.62% | ||
| 6/15/18 | $170,000 | 2.00% | 0.74% | ||
| 6/15/19 | $175,000 | 2.00% | 0.82% | ||
| 6/15/20 | $175,000 | 2.00% | 0.94% | ||
| 6/15/21 | $175,000 | 2.00% | 1.00% | ||
| 6/15/22 | $180,000 | 2.00% | 1.10% | ||
| 6/15/23 | $180,000 | 2.00% | 1.20% | ||
| 6/15/24 | $185,000 | 2.00% | 1.30% | ||
| 6/15/25 | $185,000 | 2.00% | 1.40% | ||
| 6/15/26 | $190,000 | 2.00% | 1.50% | ||
| 6/15/27 | $195,000 | 2.00% | 1.60% | ||
| 6/15/28 | $200,000 | 2.00% | 1.70% | ||
| 6/15/29 | $200,000 | 2.00% | 1.80% | ||
| 6/15/30 | $205,000 | 2.00% | 1.90% | ||
| 6/15/31 | $210,000 | 2.00% | 2.00% |
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.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
Robert W. Baird, TIC 1.8204%
Raymond James, TIC 1.8581%
Fayetteville-Manlius Central School District
Jul 7, 2016 . . . . . . $1,200,000
Bond Anticipation Notes, 2016.
Dated Jul 21, 2016.
Due Jul 21, 2017.
Purchased $1,200,000.00 by JPMorgan Chase, at 0.99%, effective rate 0.99%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.1621%
Roosevelt & Cross, Effective Rate 1.3073%
TD Securities, Effective Rate 1.41%
Jefferies, Effective Rate 1.4679%
Fayetteville-Manlius Central School District
Jul 7, 2016 . . . . . . $4,000,000
Revenue Anticipation Notes, 2016.
Dated Jul 21, 2016.
Due Jan 20, 2017.
Purchased $4,000,000.00 by Jefferies, at 1.5%, plus $12,081.00, effective rate 0.8926%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 0.955%
JPMorgan Chase, Effective Rate 0.98%
Oppenheimer, Effective Rate 1.0523%
Fishkill (Town)
Jul 7, 2016 . . . . . . $2,005,000
Bond Anticipation Notes-2016 (bank qualified).
Dated Jul 14, 2016.
Due Jul 14, 2017.
Purchased $2,005,000.00 by Jefferies, at 2.0%, plus $14,518.00, effective rate 1.2759%.
L.O.: Jeffrey E Storch, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
TD Bank, N.A., Effective Rate 1.34%
Roosevelt & Cross, Effective Rate 1.3538%
JPMorgan Chase, Effective Rate 1.39%
Oppenheimer, Effective Rate 1.8451%
M & T Bank, Effective Rate 2.56%
Harrisville Central School District
Jul 7, 2016 . . . . . . $3,500,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jul 19, 2016.
Due Jul 19, 2017.
Purchased $3,500,000.00 by Jefferies, at 1.5%, plus $12,952.00, effective rate 1.1299%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.145%
Oppenheimer, Effective Rate 1.175%
Jamesville-Dewitt Central School District
Jul 7, 2016 . . . . . . $2,368,987
School District (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Jul 21, 2016.
Due Jun 15, 2017 to 2031.
Callable Jun 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.6048, NIC 1.9029%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $118,987 | 1.00% | 0.66% | ||
| 6/15/18 | $145,000 | 1.25% | 0.74% | ||
| 6/15/19 | $140,000 | 1.50% | 0.82% | ||
| 6/15/20 | $145,000 | 2.00% | 0.94% | ||
| 6/15/21 | $150,000 | 2.00% | 1.10% | ||
| 6/15/22 | $150,000 | 2.00% | 1.20% | ||
| 6/15/23 | $155,000 | 2.00% | 1.30% | ||
| 6/15/24 | $155,000 | 2.00% | 1.40% | ||
| 6/15/25 | $160,000 | 2.00% | 1.50% | ||
| 6/15/26 | $165,000 | 2.00% | 1.60% | ||
| 6/15/27 | $170,000 | 2.00% | 1.70% | ||
| 6/15/28 | $175,000 | 2.00% | 1.80% | ||
| 6/15/29 | $175,000 | 2.00% | 1.90% | ||
| 6/15/30 | $180,000 | 2.00% | 2.00% | ||
| 6/15/31 | $185,000 | 2.00% | 2.05% |
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.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Raymond James, NIC 1.9051%
Robert W. Baird, NIC 1.9453%
Bank of Greene Co, NIC 2.29%
Johnstown City School District
Jul 7, 2016 . . . . . . $6,500,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jul 20, 2016.
Due Jul 20, 2017.
Purchased $6,500,000.00 by TD Securities, at 1.5%, plus $40,560.00, effective rate 0.876%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 0.986%
Oppenheimer, Effective Rate 1.0596%
Kings Park Central School District
Jul 7, 2016 . . . . . . $10,500,000
Bond Anticipation Notes-2016.
Dated Jul 19, 2016.
Due Jul 19, 2017.
Purchased $10,500,000.00 by TD Securities, at 2.0%, plus $134,400.00, effective rate 0.72%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
JPMorgan, Effective Rate 0.741%
Jefferies, Effective Rate 0.747%
Bank of America, Effective Rate 0.75%
Lewiston-Porter Central School District
Jul 7, 2016 . . . . . . $27,975,000
Bond Anticipation Notes, 2016.
Dated Jul 21, 2016.
Due Jun 15, 2017.
Purchased $17,975,000.00 by JPMorgan, at 2.0%, plus $163,392.70, effective rate 0.99%.
Purchased $10,000,000.00 by JPMorgan Chase, at 0.98%, effective rate 0.98%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
JPMorgan, Effective Rate 0.99%
Jefferies, Effective Rate 0.9911%
TD Securities, Effective Rate 0.9977%
Oppenheimer, Effective Rate 1.0933%
Mechanicville (City)
Jul 7, 2016 . . . . . . $187,817
Bond Anticipation Notes, 2016 (Renewal) (bank qualified).
Dated Jul 22, 2016.
Due Jul 21, 2017.
Purchased $187,820.00 by Roosevelt & Cross, at 3.25%, effective rate 3.25%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 4.25%
Newstead (Town)
Jul 7, 2016 . . . . . . $1,695,186
Bond Anticipation Notes for Water Improvements-2016 (bank qualified).
Dated Jul 21, 2016.
Due Jul 20, 2017.
Purchased $1,695,190.00 by Jefferies, at 2.0%, plus $13,021.00, effective rate 1.2297%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.2602%
Oppenheimer, Effective Rate 1.3323%
Northville Central School District
Jul 7, 2016 . . . . . . $35,000
Bond Anticipation Notes, 2016 (Renewal) (bank qualified) (book entry).
Dated Jul 22, 2016.
Due Jul 21, 2017.
Purchased $35,000.00 by NBT Bank, at 2.25%, effective rate 2.25%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 2.39%
Roosevelt & Cross, Effective Rate 3.5789%
Salmon River Central School District
Jul 7, 2016 . . . . . . $17,965,000
Bond Anticipation Notes, 2016.
Dated Jul 21, 2016.
Due Jul 21, 2017.
Purchased $9,965,000.00 by TD Securities, at 2.0%, plus $92,574.85, effective rate 1.071%.
Purchased $8,000,000.00 by JPMorgan Chase, at 0.99%, effective rate 0.99%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.071%
Jefferies, Effective Rate 1.082%
JPMorgan, Effective Rate 1.09%
Oppenheimer, Effective Rate 1.1586%
St. Lawrence County
Jul 7, 2016 . . . . . . $2,430,000
Public Improvement (Serial) Bonds, 2016 Series B (book entry).
Dated Jul 21, 2016.
Due Jul 15, 2017 to 2029.
Callable Jul 15, 2024 at par.
Winning bid: Morgan Stanley, at 101.1182, NIC 1.8475%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $160,000 | 2.00% | 0.71% | BAM | |
| 7/15/18 | $170,000 | 2.00% | 0.79% | BAM | |
| 7/15/19 | $175,000 | 2.00% | 0.86% | BAM | |
| 7/15/20 | $175,000 | 2.00% | 0.95% | BAM | |
| 7/15/21 | $180,000 | 2.00% | 1.08% | BAM | |
| 7/15/22 | $185,000 | 2.00% | 1.22% | BAM | |
| 7/15/23 | $185,000 | 2.00% | 1.32% | BAM | |
| 7/15/24 | $190,000 | 2.00% | 1.50% | BAM | |
| 7/15/25 | $195,000 | 2.00% | 1.70% | BAM | |
| 7/15/26 | $200,000 | 2.00% | 1.85% | BAM | |
| 7/15/27 | $200,000 | 2.00% | 2.00% | BAM | |
| 7/15/28 | $205,000 | 2.00% | 2.05% | BAM | |
| 7/15/29 | $210,000 | 2.00% | 2.10% | BAM |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Jefferies LLC, Gates Capital Corp., City Securities Corp..
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Robert W. Baird, NIC 1.978%
Hutchinson Shockey, NIC 2.0196%
Roosevelt & Cross, NIC 2.1216%
OKLAHOMA
Tulsa County Independent School District No. 11 (Owasso)
Jul 7, 2016 . . . . . . $2,130,000
Transportation Equipment Bonds of 2016 (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Aug 1, 2018 to 2020.
Non-callable.
Winning bid: BOSC, at n/a, NIC 0.9601%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $710,000 | 1.00% | 0.75% | ||
| 8/1/19 | $710,000 | 1.00% | 0.80% | ||
| 8/1/20 | $710,000 | 1.00% | 0.85% |
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Country Club Bank, NIC 1.0452%
Legacy Bank, NIC 1.3333%
OREGON
Washington County
Jul 7, 2016 . . . . . . $72,000,000
General Obligation Bonds, 2016B (Tax-Exempt) (book entry).
Dated Jul 21, 2016.
Due Jun 1, 2020 to 2035.
Callable Jun 1, 2026 at par.
Winning bid: Citigroup, at 115.6936, TIC 2.2214%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/20 | $1,370,000 | 5.00% | 0.78% | ||
| 6/1/21 | $2,030,000 | 5.00% | 0.89% | ||
| 6/1/22 | $2,320,000 | 5.00% | 1.00% | ||
| 6/1/23 | $2,635,000 | 5.00% | 1.08% | ||
| 6/1/24 | $2,970,000 | 5.00% | 1.18% | ||
| 6/1/25 | $3,330,000 | 5.00% | 1.27% | ||
| 6/1/26 | $3,720,000 | 5.00% | 1.36% | ||
| 6/1/27 | $4,135,000 | 5.00% | 1.46% | ||
| 6/1/28 | $4,580,000 | 5.00% | 1.51% | ||
| 6/1/29 | $5,055,000 | 4.00% | 1.63% | ||
| 6/1/30 | $5,515,000 | 2.00% | 2.15% | ||
| 6/1/31 | $5,895,000 | 3.00% | 2.07% | ||
| 6/1/32 | $6,350,000 | 3.00% | 2.12% | ||
| 6/1/33 | $6,830,000 | 3.25% | 2.22% | ||
| 6/1/34 | $7,355,000 | 3.25% | 2.27% | ||
| 6/1/35 | $7,910,000 | 3.25% | 2.31% |
Other managers: Siebert, Brandford, Shank & Co., LLC, Drexel Hamilton, LLC., Roosevelt & Cross, Inc..
L.O.: Hawkins, Delafield & Wood, Portland, OR.
F.A.: Piper Jaffray & Company, Portland, OR.
Other bidders were:
Morgan Stanley, TIC 2.2343%
Barclays Capital, TIC 2.2515%
BA Merrill Lynch, TIC 2.2526%
Mesirow Financial, TIC 2.2528%
JPMorgan, TIC 2.2738%
Wells Fargo Secs, TIC 2.2931%
KeyBanc Cap Mkts, TIC 2.3284%
Hutchinson Shockey, TIC 2.332%
Jefferies, TIC 2.336%
Robert W. Baird, TIC 2.3958%
SOUTH CAROLINA
South Carolina Transportation Infrastructure Bank
Jul 7, 2016 . . . . . . $213,595,000
Revenue Refunding Bonds, Series 2016A (book entry).
Dated Jul 20, 2016.
Due Oct 1, 2017 to 2037.
Callable Oct 1, 2025 at par.
Winning bid: Wells Fargo Secs, at 107.1423, TIC 2.6591%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/17 | $3,720,000 | 5.00% | 0.70% | ||
| 10/1/18 | $3,900,000 | 4.00% | 0.78% | ||
| 10/1/19 | $4,060,000 | 4.00% | 0.87% | ||
| 10/1/20 | $4,220,000 | 5.00% | 0.97% | ||
| 10/1/21 | $4,430,000 | 5.00% | 1.12% | ||
| 10/1/22 | $4,655,000 | 5.00% | 1.26% | ||
| 10/1/23 | $4,885,000 | 5.00% | 1.36% | ||
| 10/1/24 | $5,130,000 | 5.00% | 1.47% | ||
| 10/1/25 | $5,390,000 | 5.00% | 1.55% | ||
| 10/1/26 | $5,660,000 | 2.00% | 1.70% | ||
| 10/1/27 | $5,775,000 | 2.00% | 2.00% | ||
| 10/1/28 | $17,570,000 | 4.00% | 2.04% | ||
| 10/1/29 | $18,270,000 | 3.00% | 2.30% | ||
| 10/1/30 | $18,825,000 | 4.00% | 2.20% | ||
| 10/1/31 | $19,580,000 | 4.00% | 2.30% | ||
| 10/1/32 | $13,650,000 | 2.25% | 2.362% | ||
| 10/1/33 | $13,955,000 | 3.00% | 2.70% | ||
| 10/1/34 | $14,375,000 | 2.50% | 2.604% | ||
| 10/1/35 | $14,735,000 | 3.00% | 2.85% | ||
| 10/1/36 | $15,180,000 | 3.00% | 2.90% | ||
| 10/1/37 | $15,630,000 | 3.00% | 2.95% |
L.O.: McNair Law Firm, Charleston, SC.
F.A.: Public Financial Management, Inc., Orlando, FL.
Other bidders were:
BA Merrill Lynch, TIC 2.7302%
JPMorgan, TIC 2.7328%
Citigroup, TIC 2.7441%
Morgan Stanley, TIC 2.7662%
Barclays Capital, TIC 2.8395%
TENNESSEE
Manchester (City)
Jul 7, 2016 . . . . . . $6,520,000
General Obligation Bonds, Series 2016B (bank qualified) (book entry).
Dated Aug 5, 2016.
Due Jun 1, 2017 to 2037.
Callable Jun 1, 2021 at par.
Winning bid: FTN Fin Cap Mkts, at 101.5874, TIC 1.9967%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $160,000 | 2.00% | 0.60% | ||
| 6/1/18 | $390,000 | 2.00% | 0.70% | ||
| 6/1/19 | $410,000 | 2.00% | 0.75% | ||
| 6/1/20 | $425,000 | 2.00% | 0.90% | ||
| 6/1/21 | $445,000 | 2.00% | 1.00% | ||
| 6/1/22 | $250,000 | 4.00% | 1.10% | ||
| 6/1/23 | $260,000 | 2.00% | 1.20% | ||
| 6/1/24 | $265,000 | 2.00% | 1.25% | ||
| 6/1/25 | $270,000 | 2.00% | 1.35% | ||
| 6/1/26 | $275,000 | 2.00% | 1.45% | ||
| 6/1/27 | $280,000 | 2.00% | 1.50% | ||
| 6/1/28 | $285,000 | 2.00% | 1.60% | ||
| 6/1/29 | $295,000 | 2.00% | 1.70% | ||
| 6/1/30 | $300,000 | 2.00% | 1.75% | ||
| 6/1/31 | $305,000 | 2.00% | 1.80% | ||
| 6/1/32 | $315,000 | 2.00% | 1.90% | ||
| 6/1/33 | $325,000 | 2.25% | 2.00% | ||
| 6/1/34 | $330,000 | 2.25% | 2.05% | ||
| 6/1/35 | $335,000 | 2.25% | 2.25% | ||
| 6/1/37 | $600,000 | 2.375% | 2.467% |
L.O.: Bass, Berry & Sims PLC, Nashville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Raymond James, TIC 2.0477%
Vining-Sparks IBG, TIC 2.0684%
Robert W. Baird, TIC 2.0911%
SunTrust Robinson, TIC 2.0929%
TEXAS
Fort Bend County Municipal Utility District No. 194
Jul 7, 2016 . . . . . . $4,565,000
Unlimited Tax Road Bonds, Series 2016 (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Sep 1, 2017 to 2040.
Callable Sep 1, 2023 at par.
Winning bid: SAMCO Cap Mkts, at 97.0998, NIC 2.6871%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $195,000 | 2.00% | 0.75% | AGM | |
| 9/1/18 | $190,000 | 2.00% | 1.10% | AGM | |
| 9/1/19 | $190,000 | 2.00% | 1.25% | AGM | |
| 9/1/20 | $190,000 | 2.00% | 1.40% | AGM | |
| 9/1/21 | $190,000 | 2.00% | 1.55% | AGM | |
| 9/1/22 | $190,000 | 2.00% | 1.75% | AGM | |
| 9/1/23 | $190,000 | 2.00% | 1.90% | AGM | |
| 9/1/25 | $380,000 | 2.00% | 2.10% | AGM | |
| 9/1/27 | $380,000 | 2.125% | 2.30% | AGM | |
| 9/1/29 | $380,000 | 2.25% | 2.45% | AGM | |
| 9/1/31 | $380,000 | 2.375% | 2.55% | AGM | |
| 9/1/33 | $380,000 | 2.50% | 2.65% | AGM | |
| 9/1/35 | $380,000 | 2.50% | 2.75% | AGM | |
| 9/1/37 | $380,000 | 2.75% | 2.85% | AGM | |
| 9/1/40 | $570,000 | 2.75% | 3.00% | AGM |
Other managers: Crews & Associates, Inc., Coastal Securities Corp., Wells Nelson & Associates, LLC, M. E. Allison & Co., Inc., Intercoastal Capital Markets, Inc., WNJ Capital, Ross, Sinclaire & Associates LLC, Sierra Pacific Securities.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX.
Other bidders were:
Citigroup, NIC 2.8385%
Raymond James, NIC 3.0604%
Sienna Plantation Management District
Jul 7, 2016 . . . . . . $6,005,000
Unlimited Tax Bonds, Series 2016 (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Mar 1, 2017 to 2041.
Callable Mar 1, 2024 at par.
Winning bid: GMS Group, at 97.0000, NIC 3.4433%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $120,000 | 1.25% | 1.00% | ||
| 3/1/18 | $145,000 | 1.25% | 1.25% | ||
| 3/1/19 | $150,000 | 1.50% | 1.50% | ||
| 3/1/20 | $155,000 | 1.75% | 1.75% | ||
| 3/1/21 | $165,000 | 2.00% | 2.00% | ||
| 3/1/22 | $170,000 | 2.15% | 2.15% | ||
| 3/1/23 | $180,000 | 2.30% | 2.30% | ||
| 3/1/24 | $185,000 | 2.45% | 2.45% | ||
| 3/1/25 | $195,000 | 2.60% | 2.60% | ||
| 3/1/26 | $205,000 | 2.70% | 2.70% | ||
| 3/1/27 | $210,000 | 2.80% | 2.80% | ||
| 3/1/30 | $690,000 | 3.00% | 3.00% | ||
| 3/1/32 | $510,000 | 3.10% | 3.20% | ||
| 3/1/35 | $855,000 | 3.35% | 3.40% | ||
| 3/1/38 | $970,000 | 3.45% | 3.50% | ||
| 3/1/41 | $1,100,000 | 3.50% | 3.60% |
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Robert W. Baird & Co., Inc., Houston, TX.
Other bidders were:
FMSbonds, NIC 3.46%
Hilltop Securities, NIC 3.4827%
TAXABLE ISSUES
OREGON
Washington County
Jul 7, 2016 . . . . . . $5,000,000
General Obligation Bonds, Series 2016A (Federally Taxable) (book entry).
Dated Jul 21, 2016.
Due Jun 1, 2017 to 2020.
Non-callable.
Winning bid: Morgan Stanley, at 100.0410, TIC 0.9762%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $1,600,000 | 0.80% | 0.70% | ||
| 6/1/18 | $1,405,000 | 1.00% | 0.80% | ||
| 6/1/19 | $1,585,000 | 1.00% | 0.91% | ||
| 6/1/20 | $410,000 | 1.20% | 1.11% |
L.O.: Hawkins, Delafield & Wood, Portland, OR.
F.A.: Piper Jaffray & Company, Portland, OR.
Other bidders were:
Vining-Sparks IBG, TIC 0.9897%
FTN Fin Cap Mkts, TIC 1.0222%
Raymond James, TIC 1.0383%
SunTrust Robinson, TIC 1.0707%
Robert W. Baird, TIC 1.119%
