ALASKA
Alaska Housing Finance Corporation
Jul 13, 2016 . . . . . . $17,850,000
Collateralized Bonds (Veterans Mortgage Program) 2016 Second Series (Non-AMT) (book entry).
Dated Jul 27, 2016.
Due Jun 1, 2022 to Dec 1, 2046.
Callable Jun 1, 2026 at par.
Winning bid: Raymond James, at 99.0000, TIC 2.7367%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/22 | $345,000 | 1.25% | 1.25% | ||
| 12/1/22 | $345,000 | 1.35% | 1.35% | ||
| 6/1/23 | $350,000 | 1.40% | 1.40% | ||
| 12/1/23 | $355,000 | 1.50% | 1.50% | ||
| 6/1/24 | $355,000 | 1.55% | 1.55% | ||
| 12/1/24 | $360,000 | 1.65% | 1.65% | ||
| 6/1/25 | $365,000 | 1.75% | 1.75% | ||
| 12/1/25 | $370,000 | 1.85% | 1.85% | ||
| 6/1/26 | $370,000 | 1.90% | 1.90% | ||
| 12/1/26 | $375,000 | 1.95% | 1.95% | ||
| 6/1/27 | $380,000 | 2.05% | 2.05% | ||
| 12/1/27 | $385,000 | 2.10% | 2.10% | ||
| 6/1/28 | $390,000 | 2.15% | 2.15% | ||
| 12/1/28 | $395,000 | 2.20% | 2.20% | ||
| 6/1/29 | $405,000 | 2.25% | 2.25% | ||
| 12/1/29 | $410,000 | 2.30% | 2.30% | ||
| 6/1/30 | $415,000 | 2.35% | 2.35% | ||
| 12/1/30 | $420,000 | 2.45% | 2.45% | ||
| 6/1/31 | $430,000 | 2.55% | 2.55% | ||
| 12/1/31 | $435,000 | 2.60% | 2.60% | ||
| 12/1/33 | $1,820,000 | 2.70% | 2.70% | ||
| 12/1/35 | $1,950,000 | 2.80% | 2.80% | ||
| 12/1/37 | $2,095,000 | 2.90% | 2.90% | ||
| 12/1/39 | $2,255,000 | 3.00% | 3.00% | ||
| 12/1/46 | $2,075,000 | 3.05% | 3.05% |
Other managers: Fidelity Capital Markets, UBS Financial Services, Inc..
L.O.: Law Office of Kenneth E. Vassar, LLC., Anchorage, AK.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., New York, NY; FirstSouthwest, a Division of Hilltop Securities Inc., Dallas, TX; and FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Robert W. Baird, TIC 2.8236%
BA Merrill Lynch, TIC 2.8486%
Jefferies, TIC 2.8867%
JPMorgan, TIC 2.9074%
Citigroup, TIC 2.9119%
Wells Fargo Secs, TIC 3.0643%
Morgan Stanley, TIC 3.0658%
Hutchinson Shockey, TIC 3.1892%
Alaska Housing Finance Corporation
Jul 13, 2016 . . . . . . $32,150,000
Collateralized Bonds (Veterans Mortgage Program) 2016 First Series, Subseries A-1 (Non-AMT) (book entry). $860,000
Dated Jul 27, 2016.
Due Dec 1, 2037.
Callable Jun 1, 2026 at par.
Winning bid: Raymond James, at 99.0000, TIC 2.7667%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/37 | $860,000 | 2.85% | 2.85% |
Collateralized Bonds (Veterans Mortgage Program) 2016 First Series, Subseirs A-2 (AMT) (book entry) (AMT). $31,290,000
Dated Jul 27, 2016.
Due Jun 1, 2017 to Dec 1, 2037.
Callable Jun 1, 2026 at par.
Winning bid: Raymond James, at 99.0000, TIC 2.7667%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $600,000 | 0.65% | 0.65% | ||
| 12/1/17 | $635,000 | 0.70% | 0.70% | ||
| 6/1/18 | $645,000 | 0.80% | 0.80% | ||
| 12/1/18 | $640,000 | 0.90% | 0.90% | ||
| 6/1/19 | $640,000 | 0.95% | 0.95% | ||
| 12/1/19 | $640,000 | 1.05% | 1.05% | ||
| 6/1/20 | $640,000 | 1.15% | 1.15% | ||
| 12/1/20 | $650,000 | 1.25% | 1.25% | ||
| 6/1/21 | $650,000 | 1.35% | 1.35% | ||
| 12/1/21 | $655,000 | 1.45% | 1.45% | ||
| 6/1/22 | $650,000 | 1.55% | 1.55% | ||
| 12/1/22 | $660,000 | 1.65% | 1.65% | ||
| 6/1/23 | $660,000 | 1.70% | 1.70% | ||
| 12/1/23 | $665,000 | 1.80% | 1.80% | ||
| 6/1/24 | $670,000 | 1.85% | 1.85% | ||
| 12/1/24 | $685,000 | 1.95% | 1.95% | ||
| 6/1/25 | $700,000 | 2.05% | 2.05% | ||
| 12/1/25 | $715,000 | 2.15% | 2.15% | ||
| 6/1/26 | $720,000 | 2.20% | 2.20% | ||
| 12/1/26 | $725,000 | 2.25% | 2.25% | ||
| 6/1/27 | $730,000 | 2.35% | 2.35% | ||
| 12/1/27 | $745,000 | 2.40% | 2.40% | ||
| 6/1/28 | $745,000 | 2.45% | 2.45% | ||
| 12/1/28 | $760,000 | 2.50% | 2.50% | ||
| 6/1/29 | $770,000 | 2.55% | 2.55% | ||
| 12/1/29 | $785,000 | 2.60% | 2.60% | ||
| 6/1/30 | $795,000 | 2.65% | 2.65% | ||
| 12/1/30 | $825,000 | 2.75% | 2.75% | ||
| 6/1/31 | $825,000 | 2.85% | 2.85% | ||
| 12/1/31 | $835,000 | 2.90% | 2.90% | ||
| 12/1/33 | $3,445,000 | 3.00% | 3.00% | ||
| 12/1/35 | $3,645,000 | 3.10% | 3.10% | ||
| 12/1/37 | $3,140,000 | 3.20% | 3.20% |
Other managers: UBS Financial Services, Inc., Fidelity Capital Markets.
L.O.: Law Office of Kenneth E. Vassar, LLC., Anchorage, AK.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., New York, NY; FirstSouthwest, a Division of Hilltop Securities Inc., Dallas, TX; and FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Robert W. Baird, TIC 2.9135%
BA Merrill Lynch, TIC 2.9258%
Jefferies, TIC 3.0375%
JPMorgan, TIC 3.0497%
Citigroup, TIC 3.0929%
Wells Fargo Secs, TIC 3.1103%
Hutchinson Shockey, TIC 3.2092%
CALIFORNIA
Bear Valley Unified School District
Jul 13, 2016 . . . . . . $8,445,000
2016 General Obligation Refunding Bonds (bank qualified) (book entry).
Dated Aug 3, 2016.
Due Aug 1, 2017 to 2031.
Callable Aug 1, 2025 at par.
Winning bid: Raymond James, at 106.4636, TIC 2.0056%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $90,000 | 4.00% | 0.75% | NPFGC | |
| 8/1/18 | $320,000 | 4.00% | 0.80% | NPFGC | |
| 8/1/19 | $365,000 | 4.00% | 0.90% | NPFGC | |
| 8/1/20 | $350,000 | 4.00% | 1.00% | NPFGC | |
| 8/1/21 | $415,000 | 4.00% | 1.10% | NPFGC | |
| 8/1/22 | $525,000 | 4.00% | 1.25% | NPFGC | |
| 8/1/23 | $565,000 | 4.00% | 1.35% | NPFGC | |
| 8/1/24 | $610,000 | 4.00% | 1.45% | NPFGC | |
| 8/1/25 | $630,000 | 4.00% | 1.55% | NPFGC | |
| 8/1/26 | $670,000 | 4.00% | 1.65% | NPFGC | |
| 8/1/27 | $710,000 | 2.00% | 1.85% | NPFGC | |
| 8/1/28 | $755,000 | 2.00% | 1.95% | NPFGC | |
| 8/1/29 | $780,000 | 2.00% | 2.10% | NPFGC | |
| 8/1/30 | $820,000 | 2.00% | 2.15% | NPFGC | |
| 8/1/31 | $840,000 | 2.00% | 2.20% | NPFGC |
Other managers: Fidelity Capital Markets.
L.O.: Parker & Covert LLP, Sacramento, CA.
F.A.: Government Financial Strategies, Inc., Sacramento, CA.
Other bidders were:
Wells Fargo Secs, TIC 2.011%
Robert W. Baird, TIC 2.0137%
D.A. Davidson, TIC 2.0811%
Citigroup, TIC 2.0878%
Oakley Union Elementary School District
Jul 13, 2016 . . . . . . $9,650,000
2016 General Obligation Refunding Bonds (bank qualified) (book entry).
Dated Jul 27, 2016.
Due Aug 1, 2017 to 2030.
Callable Aug 1, 2026 at par.
Winning bid: Cantor Fitzgerald, at 102.3222, TIC 1.7078%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $965,000 | 2.00% | 0.75% | BAM | |
| 8/1/18 | $980,000 | 2.00% | 0.80% | BAM | |
| 8/1/19 | $1,010,000 | 2.00% | 0.90% | BAM | |
| 8/1/20 | $1,015,000 | 2.00% | 1.05% | BAM | |
| 8/1/21 | $1,000,000 | 2.00% | 1.15% | BAM | |
| 8/1/22 | $1,010,000 | 2.00% | 1.30% | BAM | |
| 8/1/23 | $1,025,000 | 2.00% | 1.40% | BAM | |
| 8/1/24 | $360,000 | 2.00% | 1.50% | BAM | |
| 8/1/25 | $345,000 | 2.00% | 1.60% | BAM | |
| 8/1/26 | $335,000 | 2.00% | 1.70% | BAM | |
| 8/1/27 | $310,000 | 2.00% | 1.80% | BAM | |
| 8/1/28 | $275,000 | 2.00% | 1.90% | BAM | |
| 8/1/29 | $255,000 | 2.25% | 2.00% | BAM | |
| 8/1/30 | $765,000 | 2.50% | 2.10% | BAM |
Other managers: Citigroup Global Markets, Inc., Piper Jaffray & Company.
L.O.: Quint & Thimmig, Larkspur, CA.
F.A.: KNN Public Finance, Oakland, CA.
Other bidders were:
Wells Fargo Secs, TIC 1.7098%
Robert W. Baird, TIC 1.7258%
Fidelity Capital, TIC 1.7982%
William Blair, TIC 1.9306%
Palm Springs Unified School District
Jul 13, 2016 . . . . . . $100,000,000
General Obligation Bonds, 2008 Election, Series D (book entry).
Dated Jul 28, 2016.
Due Aug 1, 2017 to 2033.
Callable Aug 1, 2026 at par.
Winning bid: Morgan Stanley, at 105.6757, TIC 2.3977%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $3,240,000 | 2.00% | 0.70% | ||
| 8/1/18 | $4,535,000 | 2.00% | 0.80% | ||
| 8/1/19 | $2,280,000 | 2.00% | 0.90% | ||
| 8/1/20 | $5,085,000 | 3.00% | 1.00% | ||
| 8/1/21 | $5,775,000 | 3.00% | 1.15% | ||
| 8/1/22 | $4,960,000 | 3.00% | 1.30% | ||
| 8/1/23 | $3,605,000 | 3.00% | 1.40% | ||
| 8/1/24 | $4,160,000 | 4.00% | 1.40% | ||
| 8/1/25 | $4,690,000 | 4.00% | 1.50% | ||
| 8/1/26 | $4,780,000 | 2.00% | 1.90% | ||
| 8/1/27 | $7,070,000 | 2.00% | 2.206% | ||
| 8/1/28 | $7,625,000 | 4.00% | 1.95% | ||
| 8/1/29 | $8,500,000 | 4.00% | 2.05% | ||
| 8/1/30 | $9,410,000 | 3.00% | 2.60% | ||
| 8/1/31 | $10,160,000 | 3.00% | 2.65% | ||
| 8/1/32 | $11,080,000 | 2.50% | 2.733% | ||
| 8/1/33 | $3,045,000 | 2.75% | 2.787% |
L.O.: Bowie, Arneson, Wiles & Giannone, Newport Beach, CA.
F.A.: Dale Scott Co., San Francisco, CA.
INDIANA
Muncie (City)
Jul 13, 2016 . . . . . . $64,000,000
Sanitary District Revenue Bonds, Series 2016A (book entry).
Dated Jul 27, 2016.
Due Jul 1, 2017 to Jan 1, 2037.
Callable Jul 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 98.5563, NIC 2.9875%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/17 | $575,000 | 2.00% | 0.92% | NPFGC | |
| 1/1/18 | $585,000 | 2.00% | 0.99% | NPFGC | |
| 7/1/18 | $585,000 | 2.00% | 1.04% | NPFGC | |
| 1/1/19 | $590,000 | 2.00% | 1.06% | NPFGC | |
| 7/1/19 | $595,000 | 2.00% | 1.11% | NPFGC | |
| 1/1/20 | $595,000 | 2.00% | 1.20% | NPFGC | |
| 7/1/20 | $605,000 | 2.00% | 1.25% | NPFGC | |
| 1/1/21 | $605,000 | 2.00% | 1.35% | NPFGC | |
| 7/1/21 | $610,000 | 2.00% | 1.41% | NPFGC | |
| 1/1/22 | $620,000 | 2.00% | 1.54% | NPFGC | |
| 7/1/22 | $625,000 | 2.00% | 1.61% | NPFGC | |
| 1/1/23 | $630,000 | 2.00% | 1.72% | NPFGC | |
| 7/1/23 | $635,000 | 2.00% | 1.76% | NPFGC | |
| 1/1/24 | $645,000 | 2.00% | 1.86% | NPFGC | |
| 7/1/24 | $650,000 | 2.00% | 1.90% | NPFGC | |
| 1/1/25 | $660,000 | 2.00% | 2.00% | NPFGC | |
| 7/1/25 | $665,000 | 2.00% | 2.031% | NPFGC | |
| 1/1/26 | $675,000 | 2.00% | 2.117% | NPFGC | |
| 7/1/26 | $685,000 | 2.00% | 2.169% | NPFGC | |
| 1/1/27 | $695,000 | 2.00% | 2.257% | NPFGC | |
| 7/1/27 | $705,000 | 2.125% | 2.32% | NPFGC | |
| 1/1/28 | $715,000 | 2.25% | 2.439% | NPFGC | |
| 7/1/28 | $725,000 | 2.25% | 2.481% | NPFGC | |
| 1/1/29 | $740,000 | 2.375% | 2.588% | NPFGC | |
| 7/1/29 | $750,000 | 2.375% | 2.604% | NPFGC | |
| 7/1/30 | $3,245,000 | 3.00% | 2.768% | NPFGC | |
| 7/1/31 | $5,090,000 | 3.00% | 2.811% | NPFGC | |
| 7/1/32 | $5,265,000 | 3.00% | 2.912% | NPFGC | |
| 7/1/33 | $6,395,000 | 3.00% | 3.00% | NPFGC | |
| 7/1/34 | $7,595,000 | 3.00% | 3.027% | NPFGC | |
| 7/1/35 | $7,875,000 | 3.00% | 3.061% | NPFGC | |
| 7/1/36 | $8,170,000 | 3.00% | 3.093% | NPFGC | |
| 1/1/37 | $4,200,000 | 3.00% | 3.108% | NPFGC |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Indianapolis, IN.
Other bidders were:
Hutchinson Shockey, NIC 3.1609%
J.J.B. Hilliard, NIC 3.1663%
KANSAS
Park City (City)
Jul 12, 2016 . . . . . . $443,000
General Obligation Temporary Notes, Series 2016-1 (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Feb 1, 2019.
Callable Aug 1, 2017 at par.
Winning bid: Cooper Malone, at n/a, TIC 1.0715%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/19 | $443,000 | 0.80% | 0.80% |
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Ranson Financial Consultants, L.L.C., Wichita, KS.
Other bidders were:
Commerce Bank, TIC 1.3328%
Central States Cap, TIC 1.6517%
MAINE
York (Town)
Jul 13, 2016 . . . . . . $12,032,000
2016 General Obligation Bonds (book entry).
Dated Jul 28, 2016.
Due Oct 1, 2016 to 2032.
Callable Oct 1, 2025 at par.
Winning bid: Robert W. Baird, at 101.5685, TIC 1.8437%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/16 | $160,000 | 2.00% | 0.60% | ||
| 10/1/17 | $425,000 | 2.00% | 0.65% | ||
| 10/1/18 | $425,000 | 2.00% | 0.70% | ||
| 10/1/19 | $677,000 | 2.00% | 0.75% | ||
| 10/1/20 | $980,000 | 2.00% | 0.85% | ||
| 10/1/21 | $935,000 | 2.00% | 1.00% | ||
| 10/1/22 | $780,000 | 2.00% | 1.10% | ||
| 10/1/23 | $780,000 | 2.00% | 1.20% | ||
| 10/1/24 | $785,000 | 2.00% | 1.30% | ||
| 10/1/25 | $785,000 | 2.00% | 1.40% | ||
| 10/1/26 | $770,000 | 2.00% | 1.50% | ||
| 10/1/27 | $755,000 | 2.00% | 1.75% | ||
| 10/1/28 | $755,000 | 2.00% | 2.00% | ||
| 10/1/29 | $755,000 | 2.00% | 2.05% | ||
| 10/1/30 | $755,000 | 2.00% | 2.10% | ||
| 10/1/31 | $755,000 | 2.125% | 2.20% | ||
| 10/1/32 | $755,000 | 2.25% | 2.30% |
Other managers: Eastern Bank Capital Markets, CL King & Associates, Ross, Sinclaire & Associates LLC, WNJ Capital, Crews & Associates, Inc., SumRidge Partners, LLC, Davenport & Company LLC, Coastal Securities Corp., SAMCO Capital Markets, Oppenheimer & Co., Inc., Loop Capital Markets, LLC, Cronin & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Vining-Sparks IBG, Limited Partnership, Duncan-Williams, Inc., First Empire Securities, Bernardi Securities, Inc., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Alamo Capital, IFS Securities, Sierra Pacific Securities, Midland Securities Ltd, FMSbonds, Inc., J.J.B. Hilliard, W.L. Lyons, Inc..
L.O.: Bernstein, Shur, Sawyer & Nelson P.A., Portland, ME.
F.A.: Northeast Municipal Advisors LLC, Portland, ME.
Other bidders were:
Roosevelt & Cross, TIC 1.8735%
Morgan Stanley, TIC 1.9596%
MASSACHUSETTS
Burlington (Town)
Jul 13, 2016 . . . . . . $4,400,000
General Obligation Bond Anticipation Notes Series B (new money and renewal) (bank qualified).
Dated Jul 22, 2016.
Due Jul 21, 2017.
Purchased $4,400,000.00 by Jefferies, at 2.0%, plus $55,707.00, effective rate 0.7304%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Oppenheimer, Effective Rate 0.8047%
Eastern Bk Cap Mkts, Effective Rate 0.818%
Century Bk, Effective Rate 0.8494%
TD Securities, Effective Rate 0.91%
Millis (Town)
Jul 13, 2016 . . . . . . $15,311,936
General Obligation Municipal Purpose Loan of 2016 Bonds (book entry).
Dated Jul 26, 2016.
Due Aug 1, 2017 to 2036.
Callable Aug 1, 2026 at par.
Winning bid: Janney Montgomery, at 113.7636, TIC 2.0097%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $1,056,936 | 2.00% | 0.60% | ||
| 8/1/18 | $1,060,000 | 3.00% | 0.67% | ||
| 8/1/19 | $1,035,000 | 4.00% | 0.77% | ||
| 8/1/20 | $1,030,000 | 5.00% | 0.86% | ||
| 8/1/21 | $1,015,000 | 5.00% | 1.00% | ||
| 8/1/22 | $1,015,000 | 5.00% | 1.17% | ||
| 8/1/23 | $1,015,000 | 5.00% | 1.27% | ||
| 8/1/24 | $885,000 | 5.00% | 1.39% | ||
| 8/1/25 | $795,000 | 4.00% | 1.50% | ||
| 8/1/26 | $760,000 | 4.00% | 1.59% | ||
| 8/1/27 | $675,000 | 4.00% | 1.70% | ||
| 8/1/28 | $665,000 | 4.00% | 1.77% | ||
| 8/1/29 | $615,000 | 4.00% | 1.85% | ||
| 8/1/30 | $615,000 | 4.00% | 2.00% | ||
| 8/1/31 | $615,000 | 2.25% | 2.40% | ||
| 8/1/32 | $615,000 | 3.00% | 2.45% | ||
| 8/1/33 | $610,000 | 3.00% | 2.50% | ||
| 8/1/34 | $590,000 | 3.00% | 2.55% | ||
| 8/1/35 | $590,000 | 3.00% | 2.60% | ||
| 8/1/36 | $55,000 | 3.00% | 2.65% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: Eastern Bank Municipal Finance, Boston, MA.
Other bidders were:
UBS Financial Svcs, TIC 2.0286%
BA Merrill Lynch, TIC 2.0325%
Morgan Stanley, TIC 2.0394%
Robert W. Baird, TIC 2.1114%
JPMorgan, TIC 2.1332%
Rockport (Town)
Jul 13, 2016 . . . . . . $60,000
General Obligation Bond Anticipation Notes Series A (new money) (bank qualified).
Dated Aug 5, 2016.
Due Sep 30, 2016.
Purchased $60,000.00 by Century Bk, at 1.0%, effective rate 1.0%.
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 1.75%
Rockport (Town)
Jul 13, 2016 . . . . . . $1,230,000
General Obligation Municipal Purpose Loan of 2016 Bonds (bank qualified) (book entry).
Dated Aug 4, 2016.
Due Aug 1, 2017 to 2026.
Non-callable.
Winning bid: Fidelity Capital, at 107.4914, TIC 1.2493%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $230,000 | 4.00% | 0.60% | ||
| 8/1/18 | $210,000 | 4.00% | 0.70% | ||
| 8/1/19 | $170,000 | 4.00% | 0.80% | ||
| 8/1/20 | $160,000 | 4.00% | 0.90% | ||
| 8/1/21 | $115,000 | 4.00% | 1.05% | ||
| 8/1/22 | $75,000 | 3.00% | 1.20% | ||
| 8/1/23 | $75,000 | 3.00% | 1.31% | ||
| 8/1/24 | $75,000 | 2.00% | 1.40% | ||
| 8/1/25 | $70,000 | 2.00% | 1.50% | ||
| 8/1/26 | $50,000 | 2.00% | 1.60% |
Other managers: Morgan Stanley & Co., Inc., Winslow, Evans & Crocker.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
UBS Financial Svcs, TIC 1.2702%
Robert W. Baird, TIC 1.3413%
Rockport (Town)
Jul 13, 2016 . . . . . . $3,819,000
General Obligation Bond Anticipation Notes Series B (new money and renewal) (bank qualified).
Dated Aug 5, 2016.
Due Aug 4, 2017.
Purchased $3,819,000.00 by Oppenheimer, at 2.0%, plus $46,505.00, effective rate 0.7789%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Jefferies, Effective Rate 0.8361%
Century Bk, Effective Rate 0.8492%
Eastern Bk Cap Mkts, Effective Rate 0.878%
TD Securities, Effective Rate 0.91%
MICHIGAN
Buckley Community Schools
Jul 12, 2016 . . . . . . $2,000,000
2016 School Building and Site Bonds (General Obligation-Unlimited Tax) (bank qualified).
Dated Aug 3, 2016.
Due May 1, 2017 to 2028.
Callable May 1, 2026 at par.
Winning bid: J.J.B. Hilliard, at 101.0492, TIC 2.0837%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $45,000 | 2.00% | 1.00% | ||
| 5/1/18 | $80,000 | 2.00% | 1.10% | ||
| 5/1/19 | $100,000 | 2.00% | 1.20% | ||
| 5/1/20 | $110,000 | 2.00% | 1.30% | ||
| 5/1/21 | $115,000 | 2.00% | 1.40% | ||
| 5/1/22 | $130,000 | 2.00% | 1.50% | ||
| 5/1/23 | $150,000 | 2.00% | 1.65% | ||
| 5/1/24 | $160,000 | 2.00% | 1.75% | ||
| 5/1/25 | $180,000 | 2.00% | 1.85% | ||
| 5/1/27 | $610,000 | 2.00% | 2.00% | ||
| 5/1/28 | $320,000 | 3.00% | 2.10% |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Robert W. Baird, TIC 2.1201%
City Securities, TIC 2.1889%
Smith Consolidated Drain Drainage District
Jul 13, 2016 . . . . . . $3,545,000
2016 Drain Bonds (General Obligation Limited Tax) (book entry).
Dated Jul 28, 2016.
Due May 1, 2017 to 2036.
Callable May 1, 2026 at par.
Winning bid: Robert W. Baird, at 99.0000, TIC 2.494%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $175,000 | 2.00% | 0.70% | ||
| 5/1/18 | $175,000 | 2.00% | 0.90% | ||
| 5/1/19 | $180,000 | 2.00% | 1.00% | ||
| 5/1/20 | $180,000 | 2.00% | 1.10% | ||
| 5/1/21 | $175,000 | 2.00% | 1.25% | ||
| 5/1/22 | $175,000 | 2.00% | 1.40% | ||
| 5/1/23 | $180,000 | 2.00% | 1.50% | ||
| 5/1/24 | $180,000 | 2.00% | 1.60% | ||
| 5/1/25 | $175,000 | 2.00% | 1.75% | ||
| 5/1/26 | $175,000 | 2.00% | 1.90% | ||
| 5/1/27 | $180,000 | 2.00% | 2.10% | ||
| 5/1/28 | $180,000 | 2.125% | 2.20% | ||
| 5/1/29 | $175,000 | 2.25% | 2.30% | ||
| 5/1/30 | $175,000 | 2.25% | 2.40% | ||
| 5/1/31 | $180,000 | 2.375% | 2.50% | ||
| 5/1/32 | $180,000 | 2.50% | 2.60% | ||
| 5/1/34 | $350,000 | 2.625% | 2.70% | ||
| 5/1/36 | $355,000 | 3.00% | 2.80% |
Other managers: CL King & Associates, Ross, Sinclaire & Associates LLC, Edward Jones, Fidelity Capital Markets, WNJ Capital, SAMCO Capital Markets, Coastal Securities Corp., Northland Securities, Inc., SumRidge Partners, LLC, Davenport & Company LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Vining-Sparks IBG, Limited Partnership, Alamo Capital, Sierra Pacific Securities, IFS Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Midland Securities Ltd, Wayne Hummer & Co., FMSbonds, Inc..
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI; and Michael Bell Consulting, Plymouth, CA.
Other bidders were:
J.J.B. Hilliard, TIC 2.5073%
MINNESOTA
Le Center (City)
Jul 12, 2016 . . . . . . $2,655,000
General Obligation Improvement Bonds, Series 2016A (bank qualified) (book entry).
Dated Aug 9, 2016.
Due Feb 1, 2018 to 2037.
Callable Feb 1, 2025 at par.
Winning bid: Stifel Nicolaus, at 100.7539, TIC 2.4376%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $80,000 | 2.00% | 0.90% | ||
| 2/1/19 | $110,000 | 2.00% | 1.00% | ||
| 2/1/20 | $115,000 | 2.00% | 1.10% | ||
| 2/1/21 | $115,000 | 2.00% | 1.20% | ||
| 2/1/22 | $120,000 | 2.00% | 1.30% | ||
| 2/1/23 | $120,000 | 2.00% | 1.40% | ||
| 2/1/24 | $125,000 | 2.00% | 1.50% | ||
| 2/1/25 | $125,000 | 2.00% | 1.60% | ||
| 2/1/27 | $260,000 | 2.00% | 1.85% | ||
| 2/1/30 | $410,000 | 2.25% | 2.25% | ||
| 2/1/33 | $435,000 | 2.50% | 2.40% | ||
| 2/1/35 | $315,000 | 3.00% | 2.50% | ||
| 2/1/37 | $325,000 | 3.00% | 2.60% |
Other managers: BOSC, Inc., SunTrust Robinson Humphrey.
L.O.: Briggs & Morgan, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Robert W. Baird, TIC 2.6824%
Northland Securities, TIC 2.7308%
NEVADA
Clark County
Jul 13, 2016 . . . . . . $271,670,000
General Obligation (Limited Tax) Bond Bank Refunding Bonds (Additionally Secured by Pledged Revenues), Series 2016B (book entry).
Dated Aug 3, 2016.
Due Nov 1, 2017 to 2034.
Callable Nov 1, 2026 at par.
Winning bid: JPMorgan, at 124.0012, TIC 2.186%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/17 | $3,785,000 | 5.00% | 0.64% | ||
| 11/1/18 | $3,965,000 | 5.00% | 0.73% | ||
| 11/1/19 | $4,160,000 | 5.00% | 0.82% | ||
| 11/1/20 | $4,370,000 | 5.00% | 0.96% | ||
| 11/1/21 | $4,590,000 | 5.00% | 1.11% | ||
| 11/1/22 | $16,140,000 | 5.00% | 1.27% | ||
| 11/1/23 | $16,935,000 | 5.00% | 1.42% | ||
| 11/1/24 | $17,765,000 | 5.00% | 1.54% | ||
| 11/1/25 | $18,635,000 | 5.00% | 1.64% | ||
| 11/1/26 | $35,660,000 | 5.00% | 1.71% | ||
| 11/1/27 | $37,435,000 | 5.00% | 1.80% | ||
| 11/1/28 | $27,870,000 | 5.00% | 1.84% | ||
| 11/1/29 | $14,525,000 | 5.00% | 1.89% | ||
| 11/1/30 | $15,270,000 | 5.00% | 1.92% | ||
| 11/1/31 | $15,970,000 | 4.00% | 2.32% | ||
| 11/1/32 | $16,625,000 | 4.00% | 2.37% | ||
| 11/1/34 | $17,970,000 | 4.00% | 2.47% |
In association with: Hilltop Securities Inc., Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc., Intercoastal Capital Markets, Inc..
L.O.: Sherman & Howard L.L.C., Las Vegas, NV.
F.A.: Hobbs, Ong & Associates, Inc., Las Vegas, NV; Public Financial Management, Inc., Los Angeles, CA; and Public Financial Management, Inc., Seattle, WA.
Other bidders were:
BA Merrill Lynch, TIC 2.1868%
Citigroup, TIC 2.1892%
Goldman Sachs, TIC 2.2058%
Morgan Stanley, TIC 2.2227%
Wells Fargo Secs, TIC 2.227%
Barclays Capital, TIC 2.2357%
NEW JERSEY
Berlin Borough
Jul 13, 2016 . . . . . . $4,749,150
Bond Anticipation Notes of 2016, Series A (bank qualified).
Dated Jul 20, 2016.
Due Jul 19, 2017.
Purchased $4,749,150.00 by Republic Bk, at 0.75%, effective rate 0.75%.
L.O.: Saul Ewing LLP, Princeton, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Jefferies, Effective Rate 1.137%
Oppenheimer, Effective Rate 1.1806%
Bradley Beach Borough
Jul 13, 2016 . . . . . . $214,584
Special Emergency Notes (bank qualified).
Dated Jul 20, 2016.
Due Jul 20, 2017.
Purchased $214,580.00 by Two Rivers Wtr Rec, at 1.25%, effective rate 1.25%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 3.0%
Cliffside Park Borough
Jul 13, 2016 . . . . . . $9,746,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Jul 22, 2016.
Due Jul 21, 2017.
Purchased $9,746,000.00 by TD Securities, at 2.0%, plus $124,261.00, effective rate 0.7214%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Lerch, Vinci & Higgins, Fair Lawn, NJ.
Other bidders were:
Jefferies, Effective Rate 0.7635%
Oppenheimer, Effective Rate 0.935%
East Rutherford Borough
Jul 13, 2016 . . . . . . $5,132,000
Bond Anticipation Note (bank qualified).
Dated Jul 20, 2016.
Due Mar 16, 2017.
Purchased $5,132,000.00 by Capital One Pub Fund, at 1.27%, effective rate 1.27%.
L.O.: Waters, McPherson, McNeill, P.C., Secaucus, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.798%
Oppenheimer, Effective Rate 1.9634%
Edgewater Borough
Jul 13, 2016 . . . . . . $29,390,000
$28,972,000 General Capital Bond Anticipation Notes & $418,000 Marina Utility Bond Anticipation Notes (book entry).
Dated Jul 21, 2016.
Due Jul 21, 2017.
Purchased $29,390,000.00 by JPMorgan, at 2.0%, plus $383,245.59, effective rate 0.696%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: NW Financial Group, Hoboken, NJ; and Ferraioli, Wielkotz, Cerrullo & Cuva, P.A., Pompton Lakes, NJ.
Other bidders were:
Jefferies, Effective Rate 0.697%
TD Securities, Effective Rate 0.747%
Glen Ridge Borough
Jul 13, 2016 . . . . . . $2,703,000
Note Sale consisting of $2,430k,000 Bond Anticipation Note and $660,000 Pool Utility Bond Anticipation Note (bank qualified).
Dated Jul 21, 2016.
Due Jul 21, 2017.
Purchased $2,703,000.00 by Jefferies, at 1.3%, plus $5,786.00, effective rate 1.049%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
PNC Capital Markets, Effective Rate 1.16%
Oppenheimer, Effective Rate 1.504%
Matawan Borough
Jul 13, 2016 . . . . . . $6,932,608
Bond Anticipation Notes consisting of $6,037,608 General Improvements and $895,000 Water/Sewer Utility (bank qualified).
Dated Jul 20, 2016.
Due Jan 18, 2017.
Purchased $6,932,610.00 by Jefferies, at 2.0%, plus $27,524.00, effective rate 1.197%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Investors Savings Bk, Effective Rate 1.3%
Oppenheimer, Effective Rate 1.6096%
Passaic Valley Sewerage Commissioners
Jul 13, 2016 . . . . . . $30,540,000
Sewer System Bonds, Series I (book entry).
Dated Jul 27, 2016.
Due Dec 1, 2017 to 2036.
Callable Dec 1, 2026 at par.
Winning bid: Raymond James, at 107.4102, TIC 2.6998%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/17 | $975,000 | 5.00% | 0.93% | AGM | |
| 12/1/18 | $1,025,000 | 5.00% | 1.03% | AGM | |
| 12/1/19 | $1,075,000 | 5.00% | 1.13% | AGM | |
| 12/1/20 | $1,130,000 | 5.00% | 1.27% | AGM | |
| 12/1/21 | $1,185,000 | 5.00% | 1.43% | AGM | |
| 12/1/22 | $1,245,000 | 5.00% | 1.59% | AGM | |
| 12/1/23 | $1,305,000 | 5.00% | 1.74% | AGM | |
| 12/1/24 | $1,370,000 | 5.00% | 1.86% | AGM | |
| 12/1/25 | $1,440,000 | 5.00% | 2.01% | AGM | |
| 12/1/26 | $1,510,000 | 4.00% | 2.13% | AGM | |
| 12/1/27 | $1,570,000 | 4.00% | 2.26% | AGM | |
| 12/1/28 | $1,635,000 | 4.00% | 2.30% | AGM | |
| 12/1/29 | $1,700,000 | 4.00% | 2.40% | AGM | |
| 12/1/30 | $1,770,000 | 2.25% | 2.50% | AGM | |
| 12/1/31 | $1,805,000 | 2.50% | 2.60% | AGM | |
| 12/1/32 | $1,855,000 | 2.50% | 2.70% | AGM | |
| 12/1/33 | $1,900,000 | 3.00% | 2.80% | AGM | |
| 12/1/34 | $1,955,000 | 3.00% | 3.00% | AGM | |
| 12/1/35 | $2,015,000 | 3.00% | 3.05% | AGM | |
| 12/1/36 | $2,075,000 | 3.00% | 3.10% | AGM |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Jefferies LLC, Gates Capital Corp., City Securities Corp., Wedbush Securities Inc..
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Public Financial Management, Inc., Princeton, NJ; Public Financial Management, Inc., Philadelphia, PA; and Public Financial Management, Inc., Boston, MA.
Other bidders were:
JPMorgan, TIC 2.7456%
BA Merrill Lynch, TIC 2.7536%
Wells Fargo Secs, TIC 2.827%
Citigroup, TIC 2.8298%
Passaic Valley Sewerage Commissioners
Jul 13, 2016 . . . . . . $74,630,000
Sewer System Bonds, Series H (book entry).
Dated Jul 27, 2016.
Due Dec 1, 2016 to 2025.
Non-callable.
Winning bid: JPMorgan, at 112.6121, TIC 1.5215%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/16 | $11,710,000 | 3.00% | 0.65% | AGM | |
| 12/1/17 | $11,645,000 | 5.00% | 0.76% | AGM | |
| 12/1/18 | $9,010,000 | 5.00% | 0.89% | AGM | |
| 12/1/19 | $9,170,000 | 5.00% | 1.00% | AGM | |
| 12/1/20 | $7,820,000 | 5.00% | 1.14% | AGM | |
| 12/1/21 | $5,810,000 | 5.00% | 1.31% | AGM | |
| 12/1/22 | $6,095,000 | 5.00% | 1.49% | AGM | |
| 12/1/23 | $4,240,000 | 5.00% | 1.62% | AGM | |
| 12/1/24 | $4,455,000 | 5.00% | 1.72% | AGM | |
| 12/1/25 | $4,675,000 | 5.00% | 1.83% | AGM |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc., SL Hare Capital.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Public Financial Management, Inc., Princeton, NJ; Public Financial Management, Inc., Philadelphia, PA; and Public Financial Management, Inc., Boston, MA.
Other bidders were:
Citigroup, TIC 1.6472%
BA Merrill Lynch, TIC 1.6847%
Raymond James, TIC 1.7306%
Wells Fargo Secs, TIC 1.89%
Mesirow Financial, TIC 1.9133%
Hutchinson Shockey, TIC 2.224%
Peapack and Gladstone Borough
Jul 13, 2016 . . . . . . $77,600
Bond Anticipation Note (bank qualified).
Dated Jul 20, 2016.
Due Jul 20, 2017.
Purchased $77,600.00 by Peapack-Gladstone, at 1.09%, effective rate 1.09%.
L.O.: Waters, McPherson, McNeill, P.C., Secaucus, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 2.4356%
Westfield Town Board of Education
Jul 13, 2016 . . . . . . $6,675,000
Refunding School Bonds, Series 2016A (book entry).
Dated Aug 3, 2016.
Due Aug 1, 2017 to 2021.
Non-callable.
Winning bid: Robert W. Baird, at n/a, NIC 1.1462%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $1,670,000 | 1.50% | 0.70% | ||
| 8/1/18 | $1,625,000 | 1.50% | 0.85% | ||
| 8/1/19 | $1,610,000 | 1.50% | 0.95% | ||
| 8/1/20 | $900,000 | 1.50% | 1.05% | ||
| 8/1/21 | $870,000 | 1.50% | 1.20% |
Other managers: CL King & Associates, WNJ Capital, Crews & Associates, Inc., Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Coastal Securities Corp., SAMCO Capital Markets, SumRidge Partners, LLC, Eastern Bank Capital Markets, Sierra Pacific Securities, Alamo Capital, IFS Securities, Bernardi Securities, Inc., W.H. Mell Associates, Inc., First Empire Securities, Rafferty Capital Markets LLC, Wayne Hummer & Co., Midland Securities Ltd, Dougherty & Company LLC, FMSbonds, Inc..
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Fidelity Capital, NIC 1.1658%
FTN Fin Cap Mkts, NIC 1.2528%
Westfield Town Board of Education
Jul 13, 2016 . . . . . . $12,600,000
School Bonds, Serries 2016B (book entry).
Dated Aug 3, 2016.
Due Aug 1, 2017 to 2031.
Callable Aug 1, 2024 at par.
Winning bid: Citigroup, at n/a, NIC 2.0594%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $500,000 | 2.00% | 0.70% | ||
| 8/1/18 | $500,000 | 2.00% | 0.80% | ||
| 8/1/19 | $500,000 | 2.00% | 0.90% | ||
| 8/1/20 | $950,000 | 2.00% | 1.00% | ||
| 8/1/21 | $950,000 | 2.00% | 1.15% | ||
| 8/1/22 | $950,000 | 2.00% | 1.35% | ||
| 8/1/23 | $950,000 | 2.00% | 1.45% | ||
| 8/1/24 | $950,000 | 2.00% | 1.55% | ||
| 8/1/25 | $950,000 | 2.00% | 1.70% | ||
| 8/1/26 | $950,000 | 2.00% | 1.85% | ||
| 8/1/27 | $900,000 | 2.00% | 2.00% | ||
| 8/1/28 | $900,000 | 2.00% | 2.05% | ||
| 8/1/29 | $900,000 | 2.00% | 2.10% | ||
| 8/1/30 | $900,000 | 2.00% | 2.15% | ||
| 8/1/31 | $850,000 | 2.50% | 2.20% |
Other managers: Roosevelt & Cross, Inc., Drexel Hamilton, LLC., Ramirez & Co., Inc., The Williams Capital Group, L.P., Intercoastal Capital Markets, Inc., Stifel, Nicolaus & Co., Inc., UBS Financial Services, Inc., Cabrera Capital Markets Inc., Rockfleet Financial Services, Inc., R. Seelaus & Co., Inc., Edward Jones, Bank of New York Mellon Capital Markets, LLC.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Robert W. Baird, NIC 2.0727%
Fidelity Capital, NIC 2.0885%
FTN Fin Cap Mkts, NIC 2.1189%
NEW YORK
Alexandria Central School District
Jul 13, 2016 . . . . . . $6,200,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jul 27, 2016.
Due Jul 27, 2017.
Purchased $6,200,000.00 by Jefferies, at 1.5%, plus $32,180.00, effective rate 0.981%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.998%
TD Securities, Effective Rate 0.998%
Bethlehem Central School District
Jul 13, 2016 . . . . . . $3,123,000
Bond Anticipation Notes-2016 (bank qualified).
Dated Jul 20, 2016.
Due Jul 20, 2017.
Purchased $3,123,000.00 by JPMorgan Chase, at 0.97%, effective rate 0.97%.
L.O.: Whiteman Osterman & Hanna, Albany, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
TD Bank, N.A., Effective Rate 0.98%
Oppenheimer, Effective Rate 0.9898%
Jefferies, Effective Rate 1.0889%
TD Securities, Effective Rate 1.11%
M & T Bank, Effective Rate 2.11%
Broadalbin-Perth Central School District
Jul 13, 2016 . . . . . . $446,621
School District (Serial) Bonds, 2016 (bank qualified).
Dated Jul 27, 2016.
Due Jun 15, 2018 to 2021.
Non-callable.
Winning bid: FNB of Scotia, at n/a, NIC 1.2962%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/18 | $106,621 | 1.15% | NRO | ||
| 6/15/19 | $110,000 | 1.20% | NRO | ||
| 6/15/20 | $115,000 | 1.30% | NRO | ||
| 6/15/21 | $115,000 | 1.40% | NRO |
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Sage Rutty, NIC 1.6085%
Roosevelt & Cross, NIC 1.7335%
Bronxville Village
Jul 13, 2016 . . . . . . $4,025,000
Bond Anticipation Notes, Series 2016A (bank qualified) (book entry).
Dated Jul 27, 2016.
Due Jul 27, 2017.
Purchased $4,025,000.00 by Oppenheimer, at 2.0%, plus $50,917.00, effective rate 0.735%.
L.O.: Squire Patton Boggs (US) LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
TD Securities, Effective Rate 0.79%
Jefferies, Effective Rate 0.823%
JPMorgan Chase, Effective Rate 0.96%
People's United Bk, Effective Rate 1.05%
Sterling Natl Bk, Effective Rate 1.21%
Cheektowaga-Sloan Union Free School District
Jul 13, 2016 . . . . . . $12,000,000
Bond Anticipation Notes-2016.
Dated Jul 21, 2016.
Due Jul 21, 2017.
Purchased $12,000,000.00 by Jefferies, at 1.5%, plus $68,882.00, effective rate 0.926%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.9599%
TD Securities, Effective Rate 0.975%
JPMorgan Chase, Effective Rate 1.0%
JPMorgan, Effective Rate 1.06%
Erie #1 Board of Cooperative Educational Services First Supervisory District
Jul 13, 2016 . . . . . . $4,500,000
Revenue Anticipation Notes - 2016.
Dated Jul 22, 2016.
Due Mar 9, 2017.
Purchased $4,500,000.00 by JPMorgan Chase, at 1.01%, effective rate 1.01%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.1276%
Jefferies, Effective Rate 1.2049%
Frankfort-Schuyler Central School District
Jul 13, 2016 . . . . . . $6,728,950
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jul 27, 2016.
Due Jul 27, 2017.
Purchased $6,728,950.00 by TD Securities, at 1.75%, plus $52,620.38, effective rate 0.968%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 0.98%
Oppenheimer, Effective Rate 1.06%
Massapequa Union Free School District
Jul 13, 2016 . . . . . . $2,840,000
School District Refunding Serial Bonds - 2016 Series A (book entry).
Dated Aug 2, 2016.
Due Jul 15, 2018 to 2022.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, TIC 0.9602%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/18 | $520,000 | 4.00% | 0.60% | ||
| 7/15/19 | $545,000 | 4.00% | 0.67% | ||
| 7/15/20 | $565,000 | 4.00% | 0.77% | ||
| 7/15/21 | $590,000 | 4.00% | 0.88% | ||
| 7/15/22 | $620,000 | 4.00% | 1.03% |
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, Great Neck, NY.
Other bidders were:
FTN Fin Cap Mkts, TIC 0.9749%
Boenning&Scattergood, TIC 1.0221%
Robert W. Baird, TIC 1.0682%
Morgan Stanley, TIC 1.0739%
Massapequa Union Free School District
Jul 13, 2016 . . . . . . $13,500,000
School District Serial Bonds - 2016 Series B (book entry).
Dated Jul 21, 2016.
Due Jul 15, 2017 to 2031.
Callable Jul 15, 2024 at par.
Winning bid: Morgan Stanley, at 101.0871, TIC 1.856%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $750,000 | 2.00% | 0.60% | ||
| 7/15/18 | $805,000 | 2.00% | 0.69% | ||
| 7/15/19 | $820,000 | 2.00% | 0.77% | ||
| 7/15/20 | $840,000 | 2.00% | 0.88% | ||
| 7/15/21 | $855,000 | 2.00% | 1.00% | ||
| 7/15/22 | $870,000 | 2.00% | 1.20% | ||
| 7/15/23 | $880,000 | 2.00% | 1.35% | ||
| 7/15/24 | $895,000 | 2.00% | 1.50% | ||
| 7/15/25 | $910,000 | 2.00% | 1.62% | ||
| 7/15/26 | $930,000 | 2.00% | 1.77% | ||
| 7/15/27 | $945,000 | 2.00% | 1.92% | ||
| 7/15/28 | $965,000 | 2.00% | 2.047% | ||
| 7/15/29 | $985,000 | 2.00% | 2.10% | ||
| 7/15/30 | $1,015,000 | 2.00% | 2.167% | ||
| 7/15/31 | $1,035,000 | 2.00% | 2.207% |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Jefferies LLC, Gates Capital Corp., City Securities Corp..
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Robert W. Baird, TIC 1.8812%
Citigroup, TIC 1.9409%
BA Merrill Lynch, TIC 1.9472%
FTN Fin Cap Mkts, TIC 2.0093%
Phelps-Clifton Springs Central School District
Jul 13, 2016 . . . . . . $9,550,000
Bond Anticipation Notes, 2016 (Renewals) (bank qualified).
Dated Jul 28, 2016.
Due Jun 30, 2017.
Purchased $9,550,000.00 by Jefferies, at 1.5%, plus $52,335.00, effective rate 0.9058%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.9633%
JPMorgan Chase, Effective Rate 0.98%
TD Securities, Effective Rate 1.0642%
Pike (Town)
Jul 13, 2016 . . . . . . $460,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jul 27, 2016.
Due Jul 26, 2017.
Purchased $460,000.00 by Bank of Greene Co, at 1.64%, effective rate 1.64%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.9518%
Oppenheimer, Effective Rate 2.2837%
Rochester (City)
Jul 13, 2016 . . . . . . $20,200,000
General Obligation Refunding (Serial) Bonds-2016 Series I (book entry).
Dated Aug 4, 2016.
Due Oct 15, 2016 to 2024.
Non-callable.
Winning bid: Janney Montgomery, at 111.3981, TIC 0.9843%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/15/16 | $100,000 | 2.00% | 0.50% | ||
| 10/15/17 | $3,825,000 | 4.00% | 0.59% | ||
| 10/15/18 | $3,500,000 | 4.00% | 0.70% | ||
| 10/15/19 | $3,205,000 | 4.00% | 0.78% | ||
| 10/15/20 | $2,490,000 | 5.00% | 0.85% | ||
| 10/15/21 | $2,500,000 | 4.00% | 0.97% | ||
| 10/15/22 | $2,490,000 | 4.00% | 1.10% | ||
| 10/15/23 | $1,450,000 | 4.00% | 1.20% | ||
| 10/15/24 | $640,000 | 4.00% | 1.29% |
L.O.: Woods, Oviatt, Gilman LLP, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Jefferies, TIC 0.9862%
PNC Capital Markets, TIC 0.9887%
FTN Fin Cap Mkts, TIC 0.9903%
UBS Financial Svcs, TIC 0.9947%
JPMorgan, TIC 1.0182%
BA Merrill Lynch, TIC 1.0523%
Hilltop Securities, TIC 1.0538%
Robert W. Baird, TIC 1.0694%
Rochester (City)
Jul 13, 2016 . . . . . . $56,924,000
Bond Anticipation Notes, 2016 Series II.
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $56,924,000.00 by Morgan Stanley, at 2.0%, plus $745,704.40, effective rate 0.69%.
L.O.: Woods, Oviatt, Gilman LLP, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
JPMorgan, Effective Rate 0.69%
Oppenheimer, Effective Rate 0.7155%
Jefferies, Effective Rate 0.721%
TD Securities, Effective Rate 0.7441%
Oppenheimer, Effective Rate 0.755%
Oppenheimer, Effective Rate 0.7935%
Oppenheimer, Effective Rate 0.8334%
JPMorgan Chase, Effective Rate 1.085%
Sidney Central School District
Jul 13, 2016 . . . . . . $5,000,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Jul 29, 2016.
Due Jul 28, 2017.
Purchased $5,000,000.00 by Jefferies, at 1.5%, plus $25,853.00, effective rate 0.9815%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 0.9979%
JPMorgan Chase, Effective Rate 1.01%
Oppenheimer, Effective Rate 1.108%
NBT Bank, Effective Rate 1.13%
South Glens Falls Central School District
Jul 13, 2016 . . . . . . $1,250,000
Bond Anticipation Notes, 2016 Series B (bank qualified).
Dated Jul 28, 2016.
Due Jul 28, 2017.
Purchased $1,250,000.00 by Oppenheimer, at 2.0%, plus $10,190.00, effective rate 1.1848%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.2238%
NBT Bank, Effective Rate 1.29%
Roosevelt & Cross, Effective Rate 1.303%
South Glens Falls Central School District
Jul 13, 2016 . . . . . . $1,465,501
Bond Anticipation Notes, 2016 Series A (bank qualified).
Dated Jul 28, 2016.
Due Jul 28, 2017.
Purchased $1,465,500.00 by Oppenheimer, at 2.0%, plus $12,315.00, effective rate 1.1597%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.2149%
Roosevelt & Cross, Effective Rate 1.2951%
Union-Endicott Central School District
Jul 13, 2016 . . . . . . $6,304,000
Bond Anticipation Notes, 2016 (Renewals) (bank qualified).
Dated Jul 21, 2016.
Due Jun 30, 2017.
Purchased $6,304,000.00 by Jefferies, at 1.5%, plus $32,908.00, effective rate 0.9456%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.9602%
JPMorgan Chase, Effective Rate 0.98%
TD Securities, Effective Rate 0.9981%
Wellsville Village
Jul 13, 2016 . . . . . . $2,200,000
Public Improvement Serial Bonds, 2016A (bank qualified).
Dated Jul 27, 2016.
Due Jul 15, 2017 to 2044.
Callable Jul 15, 2024 at par.
Winning bid: Raymond James, at 100.0000, NIC 2.8316%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $30,000 | 2.25% | 0.72% | BAM | |
| 7/15/18 | $55,000 | 2.25% | 0.81% | BAM | |
| 7/15/19 | $55,000 | 2.25% | 0.90% | BAM | |
| 7/15/20 | $60,000 | 2.25% | 1.01% | BAM | |
| 7/15/21 | $60,000 | 2.25% | 1.14% | BAM | |
| 7/15/22 | $60,000 | 2.25% | 1.31% | BAM | |
| 7/15/23 | $60,000 | 2.25% | 1.43% | BAM | |
| 7/15/24 | $65,000 | 2.25% | 1.54% | BAM | |
| 7/15/25 | $65,000 | 2.25% | 1.65% | BAM | |
| 7/15/26 | $65,000 | 2.25% | 1.76% | BAM | |
| 7/15/27 | $70,000 | 2.25% | 1.90% | BAM | |
| 7/15/28 | $70,000 | 2.25% | 2.00% | BAM | |
| 7/15/29 | $75,000 | 2.25% | 2.07% | BAM | |
| 7/15/30 | $75,000 | 2.25% | 2.15% | BAM | |
| 7/15/31 | $80,000 | 2.25% | 2.25% | BAM | |
| 7/15/32 | $80,000 | 3.00% | 2.34% | BAM | |
| 7/15/33 | $85,000 | 3.00% | 2.42% | BAM | |
| 7/15/34 | $85,000 | 3.00% | 2.50% | BAM | |
| 7/15/35 | $85,000 | 3.00% | 2.60% | BAM | |
| 7/15/36 | $90,000 | 3.00% | 2.70% | BAM | |
| 7/15/37 | $95,000 | 3.00% | 2.80% | BAM | |
| 7/15/38 | $95,000 | 3.00% | 2.85% | BAM | |
| 7/15/39 | $100,000 | 3.00% | 2.92% | BAM | |
| 7/15/40 | $105,000 | 3.00% | 3.00% | BAM | |
| 7/15/41 | $105,000 | 3.00% | 3.02% | BAM | |
| 7/15/42 | $105,000 | 3.00% | 3.03% | BAM | |
| 7/15/43 | $110,000 | 3.00% | 3.04% | BAM | |
| 7/15/44 | $115,000 | 3.00% | 3.05% | BAM |
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, NIC 2.9377%
Robert W. Baird, NIC 2.9426%
West Genesee Central School District
Jul 13, 2016 . . . . . . $23,271,532
Bond Anticipation Notes, 2016 Series B.
Dated Jul 22, 2016.
Due Oct 24, 2016.
Purchased $23,271,530.00 by JPMorgan, at 1.0%, plus $27,227.69, effective rate 0.5422%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 0.5696%
Jefferies, Effective Rate 0.6478%
Oppenheimer, Effective Rate 0.9321%
JPMorgan Chase, Effective Rate 0.99%
OHIO
Huron (City)
Jul 13, 2016 . . . . . . $3,303,000
Various Purpose Notes, Series 2016 (General Obligation Bond Anticipation Notes) (Limited Tax Bonds) (bank qualified).
Dated Jul 20, 2016.
Due Jul 20, 2017.
Purchased $3,303,000.00 by First Merit, at 1.11%, effective rate 1.11%.
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: Sudsina & Associates, Aurora, OH.
Other bidders were:
TD Securities, Effective Rate 1.135%
Huntington Pub Cap, Effective Rate 1.159%
Oppenheimer, Effective Rate 1.1949%
City Securities, Effective Rate 1.395%
PENNSYLVANIA
Bellefonte Area School District
Jul 13, 2016 . . . . . . $9,505,000
General Obligation Bonds, Series of 2016 (bank qualified) (book entry).
Dated Aug 18, 2016.
Due May 15, 2018 to 2026.
Callable Nov 15, 2021 at par.
Winning bid: Janney Montgomery, at n/a, TIC 1.6328%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/15/18 | $470,000 | 4.00% | 0.88% | ||
| 5/15/19 | $1,005,000 | 4.00% | 1.00% | ||
| 5/15/20 | $1,055,000 | 4.00% | 1.05% | ||
| 5/15/21 | $1,085,000 | 4.00% | 1.15% | ||
| 5/15/22 | $1,130,000 | 2.00% | 1.30% | ||
| 5/15/23 | $1,150,000 | 2.00% | 1.50% | ||
| 5/15/24 | $1,180,000 | 2.00% | 1.55% | ||
| 5/15/25 | $1,200,000 | 2.00% | 1.65% | ||
| 5/15/26 | $1,230,000 | 2.00% | 1.75% |
L.O.: Dinsmore & Shohl LLP, Pittsburgh, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Robert W. Baird, TIC 1.6562%
UBS Financial Svcs, TIC 1.6942%
Phoenixville Area School District
Jul 13, 2016 . . . . . . $7,630,000
General Obligation Bonds, Series A of 2016 (bank qualified) (book entry).
Dated Aug 17, 2016.
Due Nov 15, 2017 to 2030.
Callable May 15, 2021 at par.
Winning bid: Janney Montgomery, at n/a, TIC 1.8796%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/17 | $325,000 | 2.00% | 0.72% | ||
| 11/15/18 | $475,000 | 4.00% | 0.80% | ||
| 11/15/19 | $495,000 | 4.00% | 0.90% | ||
| 11/15/20 | $515,000 | 4.00% | 1.00% | ||
| 11/15/21 | $530,000 | 2.00% | 1.10% | ||
| 11/15/22 | $545,000 | 2.00% | 1.25% | ||
| 11/15/23 | $550,000 | 2.00% | 1.40% | ||
| 11/15/24 | $560,000 | 2.00% | 1.50% | ||
| 11/15/25 | $580,000 | 2.00% | 1.60% | ||
| 11/15/26 | $585,000 | 2.00% | 1.70% | ||
| 11/15/27 | $600,000 | 2.00% | 1.80% | ||
| 11/15/28 | $610,000 | 2.00% | 1.90% | ||
| 11/15/29 | $620,000 | 2.00% | 2.00% | ||
| 11/15/30 | $640,000 | 2.05% | 2.10% |
L.O.: Kegel Kelin Almy & Grimm LLP, Lancaster, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Raymond James, TIC 1.8859%
Robert W. Baird, TIC 1.8918%
Roosevelt & Cross, TIC 1.9036%
TEXAS
Somerville Independent School District
Jul 13, 2016 . . . . . . $8,860,000
Unlimited Tax School Building Bonds, Series 2016 (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Feb 15, 2017 to 2041.
Callable Feb 15, 2026 at par.
Winning bid: Hilltop Securities, at 108.5713, TIC 2.3782%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/17 | $220,000 | 4.00% | 0.60% | PSF | |
| 2/15/18 | $235,000 | 4.00% | 0.65% | PSF | |
| 2/15/19 | $240,000 | 4.00% | 0.75% | PSF | |
| 2/15/20 | $250,000 | 4.00% | 0.85% | PSF | |
| 2/15/21 | $260,000 | 4.00% | 0.95% | PSF | |
| 2/15/22 | $275,000 | 4.00% | 1.05% | PSF | |
| 2/15/23 | $285,000 | 4.00% | 1.15% | PSF | |
| 2/15/24 | $295,000 | 4.00% | 1.25% | PSF | |
| 2/15/25 | $305,000 | 4.00% | 1.35% | PSF | |
| 2/15/26 | $320,000 | 4.00% | 1.45% | PSF | |
| 2/15/27 | $330,000 | 3.00% | 1.55% | PSF | |
| 2/15/28 | $340,000 | 3.00% | 1.65% | PSF | |
| 2/15/29 | $350,000 | 3.00% | 1.80% | PSF | |
| 2/15/30 | $360,000 | 3.00% | 1.90% | PSF | |
| 2/15/31 | $375,000 | 3.00% | 2.00% | PSF | |
| 2/15/32 | $385,000 | 3.00% | 2.05% | PSF | |
| 2/15/33 | $395,000 | 3.00% | 2.10% | PSF | |
| 2/15/34 | $410,000 | 3.00% | 2.25% | PSF | |
| 2/15/35 | $420,000 | 3.00% | 2.30% | PSF | |
| 2/15/36 | $435,000 | 3.00% | 2.35% | PSF | |
| 2/15/37 | $445,000 | 3.00% | 2.40% | PSF | |
| 2/15/38 | $460,000 | 3.00% | 2.45% | PSF | |
| 2/15/39 | $475,000 | 3.00% | 2.50% | PSF | |
| 2/15/40 | $490,000 | 3.00% | 2.55% | PSF | |
| 2/15/41 | $505,000 | 3.00% | 2.60% | PSF |
L.O.: Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
Robert W. Baird, TIC 2.4112%
Stifel Nicolaus, TIC 2.4251%
Cantor Fitzgerald, TIC 2.4289%
FTN Fin Cap Mkts, TIC 2.4426%
Raymond James, TIC 2.492%
WISCONSIN
Fox Point Village
Jul 12, 2016 . . . . . . $2,585,000
General Obligation Promissory Notes, Series 2016A (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Apr 1, 2017 to 2026.
Callable Apr 1, 2024 at par.
Winning bid: Mesirow Financial, at 101.0908, TIC 1.2914%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $35,000 | 1.50% | 0.67% | ||
| 4/1/18 | $130,000 | 1.50% | 0.77% | ||
| 4/1/19 | $395,000 | 1.50% | 0.87% | ||
| 4/1/20 | $410,000 | 1.50% | 0.98% | ||
| 4/1/21 | $415,000 | 1.50% | 1.09% | ||
| 4/1/22 | $415,000 | 1.50% | 1.22% | ||
| 4/1/23 | $425,000 | 1.50% | 1.34% | ||
| 4/1/24 | $120,000 | 1.50% | 1.45% | ||
| 4/1/25 | $120,000 | 1.55% | 1.57% | ||
| 4/1/26 | $120,000 | 1.65% | 1.68% |
L.O.: Husch Blackwell LLP, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
UMB Bank, TIC 1.3018%
Piper Jaffray, TIC 1.3264%
Bankers' Bank, TIC 1.3372%
Northland Securities, TIC 1.3405%
BOSC, TIC 1.3503%
Juda School District
Jul 13, 2016 . . . . . . $4,000,000
General Obligation School Improvement Bonds (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Mar 1, 2019 to 2036.
Callable Mar 1, 2026 at par.
Winning bid: Northland Securities, at 100.8657, TIC 2.4228%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/19 | $180,000 | 2.00% | 0.85% | MAC | |
| 3/1/20 | $185,000 | 2.00% | 1.05% | MAC | |
| 3/1/21 | $185,000 | 2.00% | 1.15% | MAC | |
| 3/1/22 | $190,000 | 2.00% | 1.30% | MAC | |
| 3/1/23 | $195,000 | 2.50% | 1.40% | MAC | |
| 3/1/24 | $200,000 | 2.50% | 1.50% | MAC | |
| 3/1/25 | $205,000 | 2.50% | 1.60% | MAC | |
| 3/1/26 | $210,000 | 2.50% | 1.70% | MAC | |
| 3/1/27 | $215,000 | 2.00% | 1.80% | MAC | |
| 3/1/28 | $220,000 | 2.00% | 1.90% | MAC | |
| 3/1/29 | $230,000 | 2.00% | 2.00% | MAC | |
| 3/1/30 | $235,000 | 2.10% | 2.10% | MAC | |
| 3/1/31 | $240,000 | 2.20% | 2.20% | MAC | |
| 3/1/32 | $245,000 | 2.30% | 2.30% | MAC | |
| 3/1/33 | $255,000 | 3.00% | 2.35% | MAC | |
| 3/1/34 | $260,000 | 3.00% | 2.45% | MAC | |
| 3/1/35 | $270,000 | 3.00% | 2.55% | MAC | |
| 3/1/36 | $280,000 | 3.00% | 2.60% | MAC |
L.O.: Griggs Law Office LLC, Milwaukee, WI.
F.A.: Wisconsin Public Finance Professional, LLC, Milwaukee, WI.
Other bidders were:
Bankers' Bank, TIC 2.4323%
BOSC, TIC 2.4395%
Robert W. Baird, TIC 2.525%
TAXABLE ISSUES
MASSACHUSETTS
Burlington (Town)
Jul 13, 2016 . . . . . . $730,000
General Obligation Taxable Bond Anticipation Notes Series A (new money).
Dated Jul 22, 2016.
Due Jul 21, 2017.
Purchased $730,000.00 by Century Bk, at 1.2%, effective rate 1.2%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.348%
Oppenheimer, Effective Rate 1.4492%
Roosevelt & Cross, Effective Rate 1.5077%
NEW YORK
New York City Transitional Finance Authority
Jul 13, 2016 . . . . . . $63,095,000
Future Tax Secured Taxable Subordinate Bonds, Fiscal 2017, Series A, Subseries A-3 (book entry).
Dated Jul 28, 2016.
Due May 1, 2027 to 2028.
Callable May 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 99.5000, TIC 2.5808%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/27 | $31,020,000 | 2.45% | 2.45% | ||
| 5/1/28 | $32,075,000 | 2.60% | 2.60% |
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
Barclays Capital, TIC 2.5942%
JPMorgan, TIC 2.6133%
Citigroup, TIC 2.6425%
Morgan Stanley, TIC 2.6721%
Jefferies, TIC 2.6738%
Wells Fargo Secs, TIC 2.6846%
Raymond James, TIC 2.7248%
Goldman Sachs, TIC 2.778%
RBC Capital Mkts, TIC 2.8075%
