ARKANSAS
Bay School District No. 21 of Craighead County
Jul 26, 2016 . . . . . . $4,730,000
Refunding Bonds (Arkansas State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Sep 1, 2016.
Due Jun 1, 2017 to 2041.
Callable Dec 1, 2018 at par.
Winning bid: FTN Fin Cap Mkts, at 98.4881, TIC 2.4386%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/19 | $275,000 | 1.00% | 1.00% | ||
| 6/1/22 | $505,000 | 1.30% | 1.30% | ||
| 6/1/25 | $525,000 | 1.50% | 1.50% | ||
| 6/1/27 | $365,000 | 1.70% | 1.70% | ||
| 6/1/29 | $385,000 | 1.90% | 1.90% | ||
| 6/1/31 | $395,000 | 2.10% | 2.10% | ||
| 6/1/33 | $415,000 | 2.25% | 2.25% | ||
| 6/1/35 | $430,000 | 2.50% | 2.50% | ||
| 6/1/37 | $455,000 | 2.65% | 2.65% | ||
| 6/1/39 | $470,000 | 2.70% | 2.75% | ||
| 6/1/41 | $510,000 | 2.75% | 2.85% |
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: First Security Beardsley Public Finance, Little Rock, AR.
Other bidders were:
Simmons First Invst, TIC 2.4874%
Ross Sinclaire, TIC 2.515%
Stifel Nicolaus, TIC 2.5487%
CONNECTICUT
Brooklyn (Town)
Jul 26, 2016 . . . . . . $2,945,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Aug 10, 2016.
Due Aug 9, 2017.
Purchased $2,945,000.00 by Eastern Bk Cap Mkts, at 1.25%, plus $469.89, effective rate 1.234%.
L.O.: Shipman & Goodwin, Hartford, CT.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Glastonbury, CT.
Vernon (Town)
Jul 26, 2016 . . . . . . $2,200,000
General Obligation Bond Anticipation Notes (book entry).
Dated Aug 4, 2016.
Due Aug 3, 2017.
Purchased $2,200,000.00 by Oppenheimer, at 2.0%, plus $26,884.00, effective rate 0.7746%.
L.O.: Day Pitney LLP, Hartford, CT.
F.A.: Independent Bond & Investment Consultants (IBIC), Madison, CT.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 0.794%
Jefferies, Effective Rate 0.798%
TD Securities, Effective Rate 0.8598%
Piper Jaffray, Effective Rate 0.8849%
Vernon (Town)
Jul 26, 2016 . . . . . . $6,350,000
General Obligation Bonds, Issue of 2016 (book entry).
Dated Aug 4, 2016.
Due Aug 1, 2017 to 2031.
Callable Aug 1, 2022 at par.
Winning bid: Raymond James, at 103.6052, TIC 1.9346%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $425,000 | 4.00% | 0.56% | ||
| 8/1/18 | $425,000 | 4.00% | 0.64% | ||
| 8/1/19 | $425,000 | 2.00% | 0.73% | ||
| 8/1/20 | $425,000 | 4.00% | 0.84% | ||
| 8/1/21 | $425,000 | 4.00% | 0.94% | ||
| 8/1/22 | $425,000 | 4.00% | 1.10% | ||
| 8/1/23 | $425,000 | 3.00% | 1.25% | ||
| 8/1/24 | $425,000 | 2.00% | 1.55% | ||
| 8/1/25 | $425,000 | 2.00% | 1.72% | ||
| 8/1/26 | $425,000 | 2.00% | 1.88% | ||
| 8/1/27 | $425,000 | 2.00% | 2.00% | ||
| 8/1/28 | $425,000 | 2.00% | 2.13% | ||
| 8/1/29 | $425,000 | 2.00% | 2.24% | ||
| 8/1/30 | $425,000 | 2.25% | 2.34% | ||
| 8/1/31 | $400,000 | 2.25% | 2.40% |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Jefferies LLC, Winslow, Evans & Crocker, City Securities Corp., Gates Capital Corp..
L.O.: Day Pitney LLP, Hartford, CT.
F.A.: Independent Bond & Investment Consultants (IBIC), Madison, CT.
Other bidders were:
Janney Montgomery, TIC 1.9994%
Roosevelt & Cross, TIC 2.0024%
Robert W. Baird, TIC 2.0236%
FLORIDA
Florida State Board of Education
Jul 26, 2016 . . . . . . $211,180,000
Lottery Revenue Refunding Bonds, Series 2016B (book entry).
Dated Aug 25, 2016.
Due Jul 1, 2018 to 2027.
Callable Jul 1, 2026 at par.
Winning bid: Morgan Stanley, at 121.5919, TIC 1.4639%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/18 | $17,920,000 | 5.00% | 0.69% | ||
| 7/1/19 | $18,820,000 | 5.00% | 0.78% | ||
| 7/1/20 | $19,765,000 | 5.00% | 0.88% | ||
| 7/1/21 | $20,745,000 | 5.00% | 1.00% | ||
| 7/1/22 | $21,790,000 | 5.00% | 1.17% | ||
| 7/1/23 | $22,880,000 | 5.00% | 1.32% | ||
| 7/1/24 | $24,020,000 | 5.00% | 1.43% | ||
| 7/1/25 | $25,220,000 | 5.00% | 1.57% | ||
| 7/1/26 | $26,480,000 | 5.00% | 1.73% | ||
| 7/1/27 | $13,540,000 | 5.00% | 1.83% |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Jefferies LLC, UBS Financial Services, Inc., FTN Financial Capital Markets, Gates Capital Corp., City Securities Corp..
L.O.: Bryant, Miller & Olive, Tallahassee, FL.
F.A.: Division of Bond Finance, Tallahassee, FL.
Other bidders were:
JPMorgan, TIC 1.4657%
BA Merrill Lynch, TIC 1.4718%
Wells Fargo Secs, TIC 1.4758%
Citigroup, TIC 1.4832%
Barclays Capital, TIC 1.516%
Miami-Dade County
Jul 26, 2016 . . . . . . $29,720,000
Capital Asset Acquisition Special Obligation Bonds, Series 2016A (book entry).
Dated Aug 24, 2016.
Due Apr 1, 2017 to 2046.
Callable Apr 1, 2026 at par.
Winning bid: PNC Capital Markets, at 120.0175, TIC 3.1905%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $455,000 | 3.00% | 0.60% | ||
| 4/1/18 | $790,000 | 4.00% | 0.76% | ||
| 4/1/19 | $815,000 | 4.00% | 0.85% | ||
| 4/1/20 | $845,000 | 3.00% | 1.00% | ||
| 4/1/21 | $875,000 | 3.00% | 1.12% | ||
| 4/1/22 | $895,000 | 3.00% | 1.30% | ||
| 4/1/23 | $930,000 | 5.00% | 1.45% | ||
| 4/1/24 | $970,000 | 5.00% | 1.57% | ||
| 4/1/25 | $1,025,000 | 5.00% | 1.71% | ||
| 4/1/26 | $1,075,000 | 5.00% | 1.77% | ||
| 4/1/27 | $1,120,000 | 5.00% | 1.87% | ||
| 4/1/28 | $1,180,000 | 5.00% | 1.97% | ||
| 4/1/29 | $900,000 | 5.00% | 2.03% | ||
| 4/1/30 | $950,000 | 5.00% | 2.09% | ||
| 4/1/31 | $995,000 | 5.00% | 2.14% | ||
| 4/1/32 | $735,000 | 5.00% | 2.19% | ||
| 4/1/33 | $775,000 | 5.00% | 2.24% | ||
| 4/1/34 | $810,000 | 5.00% | 2.29% | ||
| 4/1/35 | $855,000 | 5.00% | 2.34% | ||
| 4/1/36 | $900,000 | 5.00% | 2.38% | ||
| 4/1/41 | $5,200,000 | 5.00% | 2.40% | ||
| 4/1/46 | $6,625,000 | 5.00% | 2.45% |
L.O.: Squire Patton Boggs (US) LLP, Miami, FL; and D. Seaton and Associates, Miami, FL.
F.A.: Public Financial Management, Inc., Coral Gables, FL.
Other bidders were:
Goldman Sachs, TIC 3.2266%
Hutchinson Shockey, TIC 3.2461%
Citigroup, TIC 3.2595%
Stifel Nicolaus, TIC 3.262%
Wells Fargo Secs, TIC 3.27%
BA Merrill Lynch, TIC 3.2815%
Jefferies, TIC 3.2849%
RBC Capital Mkts, TIC 3.2928%
Barclays Capital, TIC 3.3071%
JPMorgan, TIC 3.3072%
Raymond James, TIC 3.3232%
Janney Montgomery, TIC 3.4009%
Miami-Dade County
Jul 26, 2016 . . . . . . $193,400,000
Capital Asset Acquisition Special Obligation Refunding Bonds, Series 2016B (book entry).
Dated Aug 24, 2016.
Due Apr 1, 2017 to 2037.
Callable Apr 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 115.1352, TIC 2.5381%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $930,000 | 5.00% | 0.62% | ||
| 4/1/18 | $7,300,000 | 5.00% | 0.76% | ||
| 4/1/19 | $7,655,000 | 5.00% | 0.87% | ||
| 4/1/20 | $8,050,000 | 5.00% | 1.00% | ||
| 4/1/21 | $8,465,000 | 5.00% | 1.13% | ||
| 4/1/22 | $8,880,000 | 5.00% | 1.31% | ||
| 4/1/23 | $9,340,000 | 5.00% | 1.48% | ||
| 4/1/24 | $9,815,000 | 5.00% | 1.58% | ||
| 4/1/25 | $11,715,000 | 5.00% | 1.71% | ||
| 4/1/26 | $11,350,000 | 5.00% | 1.82% | ||
| 4/1/27 | $11,890,000 | 5.00% | 1.92% | ||
| 4/1/28 | $11,405,000 | 5.00% | 2.03% | ||
| 4/1/29 | $11,960,000 | 5.00% | 2.09% | ||
| 4/1/30 | $12,555,000 | 4.00% | 2.54% | ||
| 4/1/31 | $11,270,000 | 4.00% | 2.59% | ||
| 4/1/32 | $11,690,000 | 4.00% | 2.64% | ||
| 4/1/33 | $7,585,000 | 3.00% | 3.00% | ||
| 4/1/34 | $7,785,000 | 3.00% | 3.037% | ||
| 4/1/35 | $7,990,000 | 3.00% | 3.071% | ||
| 4/1/36 | $7,770,000 | 3.125% | 3.125% | ||
| 4/1/37 | $8,000,000 | 3.125% | 3.175% |
L.O.: Squire Patton Boggs (US) LLP, Miami, FL; and D. Seaton and Associates, Miami, FL.
F.A.: Public Financial Management, Inc., Coral Gables, FL.
Other bidders were:
Jefferies, TIC 2.5392%
Morgan Stanley, TIC 2.5395%
Mesirow Financial, TIC 2.5441%
PNC Capital Markets, TIC 2.547%
JPMorgan, TIC 2.5578%
Wells Fargo Secs, TIC 2.56%
Citigroup, TIC 2.5645%
Goldman Sachs, TIC 2.569%
RBC Capital Mkts, TIC 2.5744%
Barclays Capital, TIC 2.5797%
GEORGIA
Catoosa County School District
Jul 26, 2016 . . . . . . $40,000,000
General Obligation Sales Tax Bonds, Series 2016 (State of Georgie Intercept Program) (book entry).
Dated Aug 24, 2016.
Due Aug 1, 2018 to 2022.
Non-callable.
Winning bid: JPMorgan, at 115.9690, TIC 0.9487%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $7,220,000 | 5.00% | 0.64% | ||
| 8/1/19 | $7,590,000 | 5.00% | 0.72% | ||
| 8/1/20 | $7,980,000 | 5.00% | 0.82% | ||
| 8/1/21 | $8,390,000 | 5.00% | 0.94% | ||
| 8/1/22 | $8,820,000 | 5.00% | 1.10% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Gray & Pannell LLP, Savannah, GA.
F.A.: Davenport & Company LLC, Woodstock, GA; and Davenport & Company LLC, Richmond, VA.
Other bidders were:
Morgan Stanley, TIC 0.9537%
KeyBanc Cap Mkts, TIC 0.9723%
Robert W. Baird, TIC 0.9732%
Wells Fargo Secs, TIC 0.9785%
Hilltop Securities, TIC 0.9801%
SunTrust Robinson, TIC 0.9855%
BA Merrill Lynch, TIC 1.0109%
FTN Fin Cap Mkts, TIC 1.0367%
Janney Montgomery, TIC 1.06%
IOWA
Grundy County
Jul 25, 2016 . . . . . . $1,150,000
General Obligation Urban Renewal Bonds, Series 2016B (bank qualified) (book entry).
Dated Aug 23, 2016.
Due Jun 1, 2018 to 2027.
Callable Jun 1, 2023 at par.
Winning bid: UMB Bank, at n/a, TIC 1.5368%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $105,000 | 2.00% | 0.80% | ||
| 6/1/19 | $105,000 | 2.00% | 0.90% | ||
| 6/1/20 | $110,000 | 2.00% | 1.00% | ||
| 6/1/21 | $110,000 | 2.00% | 1.15% | ||
| 6/1/22 | $110,000 | 2.00% | 1.25% | ||
| 6/1/23 | $115,000 | 2.00% | 1.35% | ||
| 6/1/24 | $120,000 | 2.00% | 1.375% | ||
| 6/1/25 | $120,000 | 2.00% | 1.45% | ||
| 6/1/26 | $125,000 | 2.00% | 1.50% | ||
| 6/1/27 | $130,000 | 2.00% | 1.625% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Speer Financial, Inc., Chicago, IL; and Speer Financial, Inc., Waterloo, IA.
Other bidders were:
D.A. Davidson, TIC 1.6446%
Bankers' Bank, TIC 1.6691%
Robert W. Baird, TIC 1.7161%
Northland Securities, TIC 1.732%
Sigourney Community School District
Jul 25, 2016 . . . . . . $1,945,000
General Obligation School Capital Loan Notes Series 2016 (bank qualified) (book entry).
Dated Aug 25, 2016.
Due Jun 1, 2017 to 2026.
Callable Jun 1, 2023 at par.
Winning bid: Bankers' Bank, at n/a, TIC 1.6392%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $145,000 | 0.80% | 0.80% | ||
| 6/1/18 | $190,000 | 1.00% | 1.00% | ||
| 6/1/19 | $195,000 | 1.10% | 1.10% | ||
| 6/1/20 | $195,000 | 1.20% | 1.20% | ||
| 6/1/21 | $195,000 | 1.30% | 1.30% | ||
| 6/1/22 | $200,000 | 1.45% | 1.45% | ||
| 6/1/23 | $200,000 | 1.55% | 1.55% | ||
| 6/1/24 | $205,000 | 1.65% | 1.65% | ||
| 6/1/25 | $210,000 | 1.75% | 1.75% | ||
| 6/1/26 | $210,000 | 1.90% | 1.90% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
UMB Bank, TIC 1.6427%
D.A. Davidson, TIC 1.789%
Northland Securities, TIC 1.8465%
Bernardi Securities, TIC 1.8869%
KENTUCKY
Pulaski County
Jul 26, 2016 . . . . . . $5,000,000
General Obligation Bonds, Series 2016 (bank qualified) (book entry).
Dated Aug 16, 2016.
Due Dec 1, 2017 to 2031.
Callable Dec 1, 2026 at par.
Winning bid: Stifel Nicolaus, at 104.5236, TIC 2.07%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/17 | $270,000 | 3.00% | 0.85% | BAM | |
| 12/1/18 | $275,000 | 3.00% | 0.95% | BAM | |
| 12/1/19 | $290,000 | 3.00% | 1.10% | BAM | |
| 12/1/20 | $295,000 | 3.00% | 1.20% | BAM | |
| 12/1/21 | $305,000 | 3.00% | 1.30% | BAM | |
| 12/1/22 | $310,000 | 3.00% | 1.45% | BAM | |
| 12/1/23 | $320,000 | 3.00% | 1.55% | BAM | |
| 12/1/24 | $335,000 | 3.00% | 1.65% | BAM | |
| 12/1/25 | $345,000 | 3.00% | 1.75% | BAM | |
| 12/1/26 | $355,000 | 3.00% | 1.85% | BAM | |
| 12/1/27 | $360,000 | 2.00% | 2.00% | BAM | |
| 12/1/28 | $370,000 | 2.25% | 2.10% | BAM | |
| 12/1/29 | $380,000 | 2.50% | 2.20% | BAM | |
| 12/1/30 | $390,000 | 2.50% | 2.30% | BAM | |
| 12/1/31 | $400,000 | 2.50% | 2.40% | BAM |
Other managers: BOK Financial Securities, SunTrust Robinson Humphrey.
L.O.: Bowling & Johnson, PLLC, Nicholasville, KY.
F.A.: Civic Finance Advisors LLC, Lexington, KY.
Other bidders were:
PNC Capital Markets, TIC 2.1129%
City Securities, TIC 2.1373%
KeyBanc Cap Mkts, TIC 2.1467%
J.J.B. Hilliard, TIC 2.1855%
FTN Fin Cap Mkts, TIC 2.3436%
MARYLAND
St. Mary's County Commissioners
Jul 26, 2016 . . . . . . $25,000,000
Consolidated Public Improvement Bonds, Series 2016 (book entry).
Dated Aug 9, 2016.
Due Aug 1, 2017 to 2036.
Callable Aug 1, 2026 at par.
Winning bid: Robert W. Baird, at 107.8706, TIC 2.2591%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $835,000 | 2.00% | 0.58% | ||
| 8/1/18 | $865,000 | 2.00% | 0.60% | ||
| 8/1/19 | $900,000 | 2.00% | 0.68% | ||
| 8/1/20 | $940,000 | 2.00% | 0.78% | ||
| 8/1/21 | $975,000 | 2.00% | 0.90% | ||
| 8/1/22 | $1,015,000 | 5.00% | 1.05% | ||
| 8/1/23 | $1,060,000 | 5.00% | 1.20% | ||
| 8/1/24 | $1,100,000 | 5.00% | 1.30% | ||
| 8/1/25 | $1,145,000 | 5.00% | 1.40% | ||
| 8/1/26 | $1,195,000 | 5.00% | 1.50% | ||
| 8/1/27 | $1,240,000 | 4.00% | 1.70% | ||
| 8/1/28 | $1,295,000 | 4.00% | 1.90% | ||
| 8/1/29 | $1,345,000 | 4.00% | 2.00% | ||
| 8/1/30 | $1,400,000 | 2.125% | 2.30% | ||
| 8/1/31 | $1,460,000 | 2.25% | 2.40% | ||
| 8/1/32 | $1,515,000 | 2.25% | 2.45% | ||
| 8/1/33 | $1,580,000 | 2.375% | 2.50% | ||
| 8/1/34 | $1,645,000 | 2.50% | 2.55% | ||
| 8/1/35 | $1,710,000 | 2.50% | 2.60% | ||
| 8/1/36 | $1,780,000 | 2.50% | 2.65% |
Other managers: Ross, Sinclaire & Associates LLC, CL King & Associates, Edward Jones, WNJ Capital, Crews & Associates, Inc., Coastal Securities Corp., SAMCO Capital Markets, Duncan-Williams, Inc., Oppenheimer & Co., Inc., Cronin & Co., Inc., Wedbush Securities Inc., Northland Securities, Inc., Sierra Pacific Securities, Loop Capital Markets, LLC, Wayne Hummer & Co., Alamo Capital, SumRidge Partners, LLC, Isaak Bond Investments, Inc., Bank of New York Mellon Capital Markets, LLC, Lafayette Investments, Inc., First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Eastern Bank Capital Markets, Midland Securities Ltd, R. Seelaus & Co., Inc., IFS Securities, Dougherty & Company LLC, FMSbonds, Inc..
L.O.: McGuireWoods LLP, Baltimore, MD.
F.A.: Davenport & Company LLC, Towson, MD.
Other bidders were:
Piper Jaffray, TIC 2.2796%
JPMorgan, TIC 2.2861%
BA Merrill Lynch, TIC 2.2941%
UBS Financial Svcs, TIC 2.3%
Mesirow Financial, TIC 2.387%
Janney Montgomery, TIC 2.4%
MASSACHUSETTS
Gloucester (City)
Jul 26, 2016 . . . . . . $5,750,000
General Obligation Bond Anticipation Notes (renewal).
Dated Aug 12, 2016.
Due Feb 3, 2017.
Purchased $5,750,000.00 by Eastern Bk Cap Mkts, at 2.0%, plus $38,292.13, effective rate 0.598%.
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 0.6874%
Jefferies, Effective Rate 0.7379%
Oppenheimer, Effective Rate 0.7832%
Century Bk, Effective Rate 0.8816%
Gloucester (City)
Jul 26, 2016 . . . . . . $13,250,000
General Obligation Municipal Purpose Loan of 2016 Bonds (book entry).
Dated Aug 11, 2016.
Due Aug 1, 2017 to 2036.
Callable Aug 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 107.5433, TIC 2.2099%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $580,000 | 4.00% | 0.58% | ||
| 8/1/18 | $590,000 | 4.00% | 0.68% | ||
| 8/1/19 | $605,000 | 4.00% | 0.77% | ||
| 8/1/20 | $610,000 | 4.00% | 0.92% | ||
| 8/1/21 | $630,000 | 4.00% | 1.06% | ||
| 8/1/22 | $765,000 | 4.00% | 1.23% | ||
| 8/1/23 | $765,000 | 4.00% | 1.37% | ||
| 8/1/24 | $765,000 | 4.00% | 1.47% | ||
| 8/1/25 | $760,000 | 4.00% | 1.59% | ||
| 8/1/26 | $760,000 | 4.00% | 1.70% | ||
| 8/1/27 | $705,000 | 4.00% | 1.89% | ||
| 8/1/28 | $705,000 | 2.00% | 2.12% | ||
| 8/1/29 | $705,000 | 2.00% | 2.28% | ||
| 8/1/30 | $615,000 | 2.25% | 2.43% | ||
| 8/1/31 | $615,000 | 2.25% | 2.48% | ||
| 8/1/32 | $615,000 | 2.375% | 2.53% | ||
| 8/1/33 | $615,000 | 2.375% | 2.56% | ||
| 8/1/34 | $615,000 | 3.00% | 2.56% | ||
| 8/1/35 | $615,000 | 3.00% | 2.60% | ||
| 8/1/36 | $615,000 | 3.00% | 2.64% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Roosevelt & Cross, TIC 2.2208%
Robert W. Baird, TIC 2.2214%
Janney Montgomery, TIC 2.2325%
JPMorgan, TIC 2.2536%
Morgan Stanley, TIC 2.299%
Methuen (City)
Jul 26, 2016 . . . . . . $2,915,000
General Obligation Bond Anticipation Notes (renewal).
Dated Aug 5, 2016.
Due Jan 27, 2017.
Purchased $2,915,000.00 by Eastern Bk Cap Mkts, at 1.25%, plus $8,439.90, effective rate 0.644%.
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 0.8405%
Century Bk, Effective Rate 0.8767%
Oppenheimer, Effective Rate 0.8823%
Jefferies, Effective Rate 0.9662%
Methuen (City)
Jul 26, 2016 . . . . . . $10,243,000
General Obligation State Qualified Municipal Purpose Loan of 2016 Bonds, Series B (book entry).
Dated Aug 4, 2016.
Due Sep 1, 2017 to 2036.
Callable Sep 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 108.2710, TIC 2.0961%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $698,000 | 4.00% | 0.60% | ||
| 9/1/18 | $915,000 | 4.00% | 0.70% | ||
| 9/1/19 | $680,000 | 4.00% | 0.79% | ||
| 9/1/20 | $710,000 | 4.00% | 0.94% | ||
| 9/1/21 | $610,000 | 4.00% | 1.08% | ||
| 9/1/22 | $640,000 | 4.00% | 1.25% | ||
| 9/1/23 | $655,000 | 4.00% | 1.39% | ||
| 9/1/24 | $635,000 | 4.00% | 1.49% | ||
| 9/1/25 | $665,000 | 4.00% | 1.61% | ||
| 9/1/26 | $390,000 | 4.00% | 1.72% | ||
| 9/1/27 | $415,000 | 4.00% | 1.91% | ||
| 9/1/28 | $425,000 | 2.00% | 2.14% | ||
| 9/1/29 | $430,000 | 2.00% | 2.30% | ||
| 9/1/30 | $345,000 | 2.25% | 2.45% | ||
| 9/1/31 | $355,000 | 2.25% | 2.50% | ||
| 9/1/32 | $365,000 | 2.375% | 2.55% | ||
| 9/1/33 | $370,000 | 2.375% | 2.58% | ||
| 9/1/34 | $380,000 | 3.00% | 2.58% | ||
| 9/1/35 | $395,000 | 3.00% | 2.62% | ||
| 9/1/36 | $165,000 | 3.00% | 2.66% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Robert W. Baird, TIC 2.1302%
Fidelity Capital, TIC 2.1985%
UBS Financial Svcs, TIC 2.2114%
Janney Montgomery, TIC 2.2394%
JPMorgan, TIC 2.2415%
Milton (Town)
Jul 26, 2016 . . . . . . $8,658,414
General Obligation Municipal Purpose Loan of 2016 Bonds (bank qualified) (book entry).
Dated Aug 10, 2016.
Due Aug 1, 2017 to 2036.
Callable Aug 1, 2024 at par.
Winning bid: FTN Fin Cap Mkts, at 105.6438, TIC 1.6851%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $853,414 | 2.00% | 0.65% | ||
| 8/1/18 | $770,000 | 3.00% | 0.70% | ||
| 8/1/19 | $740,000 | 3.00% | 0.72% | ||
| 8/1/20 | $635,000 | 3.00% | 0.80% | ||
| 8/1/21 | $495,000 | 4.00% | 0.95% | ||
| 8/1/22 | $480,000 | 4.00% | 1.10% | ||
| 8/1/23 | $470,000 | 4.00% | 1.20% | ||
| 8/1/24 | $470,000 | 3.00% | 1.30% | ||
| 8/1/25 | $405,000 | 2.00% | 1.35% | ||
| 8/1/26 | $360,000 | 2.00% | 1.40% | ||
| 8/1/27 | $360,000 | 2.00% | 1.50% | ||
| 8/1/28 | $295,000 | 2.00% | 1.60% | ||
| 8/1/29 | $295,000 | 2.00% | 1.70% | ||
| 8/1/30 | $290,000 | 2.00% | 1.80% | ||
| 8/1/31 | $290,000 | 2.00% | 1.90% | ||
| 8/1/32 | $290,000 | 2.00% | 2.00% | ||
| 8/1/33 | $290,000 | 2.05% | 2.05% | ||
| 8/1/34 | $290,000 | 2.10% | 2.10% | ||
| 8/1/35 | $290,000 | 2.15% | 2.15% | ||
| 8/1/36 | $290,000 | 2.20% | 2.20% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Stifel Nicolaus, TIC 1.7741%
Robert W. Baird, TIC 1.8032%
Roosevelt & Cross, TIC 1.8223%
Raymond James, TIC 1.8379%
Janney Montgomery, TIC 1.8667%
Morgan Stanley, TIC 1.9954%
Montachusett Regional Transit Authority
Jul 26, 2016 . . . . . . $19,000,000
General Obligation Revenue Anticipation Notes.
Dated Aug 5, 2016.
Due Aug 4, 2017.
Purchased $19,000,000.00 by Eastern Bk Cap Mkts, at 2.0%, plus $239,303.40, effective rate 0.737%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Oppenheimer, Effective Rate 0.7456%
Jefferies, Effective Rate 0.779%
New Bedford (City)
Jul 26, 2016 . . . . . . $14,430,000
General Obligation State Qualified Refunding Bonds (book entry).
Dated Aug 10, 2016.
Due Sep 1, 2019 to 2034.
Callable Sep 1, 2026 at par.
Winning bid: Citigroup, at 109.9179, TIC 1.9711%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/19 | $705,000 | 4.00% | 0.70% | ||
| 9/1/20 | $1,470,000 | 4.00% | 0.85% | ||
| 9/1/21 | $1,530,000 | 4.00% | 1.00% | ||
| 9/1/22 | $1,250,000 | 4.00% | 1.15% | ||
| 9/1/23 | $1,225,000 | 4.00% | 1.28% | ||
| 9/1/24 | $1,260,000 | 4.00% | 1.39% | ||
| 9/1/25 | $1,040,000 | 4.00% | 1.49% | ||
| 9/1/26 | $1,080,000 | 4.00% | 1.60% | ||
| 9/1/27 | $645,000 | 3.00% | 1.84% | ||
| 9/1/28 | $560,000 | 2.00% | 2.10% | ||
| 9/1/29 | $575,000 | 2.125% | 2.25% | ||
| 9/1/30 | $585,000 | 2.25% | 2.35% | ||
| 9/1/31 | $600,000 | 2.25% | 2.44% | ||
| 9/1/32 | $620,000 | 2.375% | 2.49% | ||
| 9/1/33 | $635,000 | 2.50% | 2.54% | ||
| 9/1/34 | $650,000 | 2.50% | 2.59% |
Other managers: Roosevelt & Cross, Inc., Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., LLC, Ramirez & Co., Inc., The Williams Capital Group, L.P., UBS Financial Services, Inc., Stifel, Nicolaus & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Wiley Bros.-Aintree Capital LLC, Intercoastal Capital Markets, Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Robert W. Baird, TIC 1.9864%
Raymond James, TIC 2.0928%
Janney Montgomery, TIC 2.135%
JPMorgan, TIC 2.2002%
Uxbridge (Town)
Jul 26, 2016 . . . . . . $3,440,000
General Obligation Refunding Bonds, Series B (book entry).
Dated Aug 11, 2016.
Due Apr 1, 2019 to 2028.
Non-callable.
Winning bid: JPMorgan, at 116.6789, TIC 1.5703%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/19 | $290,000 | 4.00% | 0.73% | ||
| 4/1/20 | $305,000 | 4.00% | 0.85% | ||
| 4/1/21 | $325,000 | 4.00% | 0.99% | ||
| 4/1/22 | $330,000 | 4.00% | 1.16% | ||
| 4/1/23 | $345,000 | 4.00% | 1.29% | ||
| 4/1/24 | $360,000 | 4.00% | 1.40% | ||
| 4/1/25 | $375,000 | 4.00% | 1.50% | ||
| 4/1/26 | $385,000 | 4.00% | 1.60% | ||
| 4/1/27 | $400,000 | 4.00% | 1.77% | ||
| 4/1/28 | $325,000 | 4.00% | 1.97% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Fidelity Capital, TIC 1.5896%
Robert W. Baird, TIC 1.5955%
UBS Financial Svcs, TIC 1.6868%
Uxbridge (Town)
Jul 26, 2016 . . . . . . $11,220,000
General Obligation Municipal Purpose Loan of 2016 Bonds, Series A (book entry).
Dated Aug 11, 2016.
Due Aug 15, 2017 to 2036.
Callable Aug 15, 2026 at par.
Winning bid: Robert W. Baird, at 102.8687, TIC 2.3341%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $470,000 | 2.00% | 0.65% | ||
| 8/15/18 | $665,000 | 2.00% | 0.70% | ||
| 8/15/19 | $430,000 | 2.00% | 0.80% | ||
| 8/15/20 | $440,000 | 4.00% | 0.90% | ||
| 8/15/21 | $455,000 | 4.00% | 1.00% | ||
| 8/15/22 | $470,000 | 2.00% | 1.20% | ||
| 8/15/23 | $485,000 | 4.00% | 1.30% | ||
| 8/15/24 | $505,000 | 4.00% | 1.40% | ||
| 8/15/25 | $530,000 | 4.00% | 1.50% | ||
| 8/15/26 | $545,000 | 4.00% | 1.60% | ||
| 8/15/28 | $1,140,000 | 2.00% | 2.00% | ||
| 8/15/29 | $585,000 | 2.125% | 2.20% | ||
| 8/15/30 | $600,000 | 2.25% | 2.35% | ||
| 8/15/31 | $615,000 | 2.25% | 2.45% | ||
| 8/15/32 | $625,000 | 2.375% | 2.50% | ||
| 8/15/33 | $640,000 | 2.50% | 2.55% | ||
| 8/15/34 | $655,000 | 2.50% | 2.60% | ||
| 8/15/35 | $675,000 | 2.50% | 2.65% | ||
| 8/15/36 | $690,000 | 2.625% | 2.70% |
Other managers: Eastern Bank Capital Markets, Ross, Sinclaire & Associates LLC, CL King & Associates, Edward Jones, Oppenheimer & Co., Inc., Loop Capital Markets, LLC, Crews & Associates, Inc., Davenport & Company LLC, SAMCO Capital Markets, Coastal Securities Corp., WNJ Capital, R. Seelaus & Co., Inc., Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Bernardi Securities, Inc., SumRidge Partners, LLC, Alamo Capital, Wayne Hummer & Co., First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., IFS Securities, Midland Securities Ltd, J.J.B. Hilliard, W.L. Lyons, Inc., Lafayette Investments, Inc., Dougherty & Company LLC, UMB Bank, N.A.., FMSbonds, Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Janney Montgomery, TIC 2.3831%
JPMorgan, TIC 2.4025%
Fidelity Capital, TIC 2.4291%
UBS Financial Svcs, TIC 2.4432%
MINNESOTA
Moorhead (City)
Jul 25, 2016 . . . . . . $12,730,000
Public Utility Revenue Bonds, Series 2016A (book entry).
Dated Aug 25, 2016.
Due Nov 1, 2017 to 2036.
Callable Nov 1, 2025 at par.
Winning bid: Stifel Nicolaus, at 103.1450, TIC 2.415%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/17 | $410,000 | 3.00% | 0.75% | ||
| 11/1/18 | $490,000 | 2.00% | 0.88% | ||
| 11/1/19 | $500,000 | 2.00% | 1.00% | ||
| 11/1/20 | $510,000 | 4.00% | 1.11% | ||
| 11/1/21 | $530,000 | 4.00% | 1.26% | ||
| 11/1/22 | $550,000 | 4.00% | 1.42% | ||
| 11/1/23 | $575,000 | 4.00% | 1.55% | ||
| 11/1/24 | $595,000 | 4.00% | 1.66% | ||
| 11/1/25 | $620,000 | 4.00% | 1.78% | ||
| 11/1/26 | $645,000 | 2.00% | 1.93% | ||
| 11/1/27 | $660,000 | 2.00% | 2.07% | ||
| 11/1/28 | $670,000 | 2.125% | 2.25% | ||
| 11/1/29 | $685,000 | 2.25% | 2.35% | ||
| 11/1/30 | $700,000 | 2.375% | 2.43% | ||
| 11/1/31 | $715,000 | 2.50% | 2.53% | ||
| 11/1/32 | $735,000 | 2.50% | 2.63% | ||
| 11/1/33 | $755,000 | 2.625% | 2.73% | ||
| 11/1/34 | $775,000 | 2.75% | 2.78% | ||
| 11/1/35 | $795,000 | 2.75% | 2.82% | ||
| 11/1/36 | $815,000 | 2.75% | 2.86% |
L.O.: Ohnstad Twichell, West Fargo, ND.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Robert W. Baird, TIC 2.4524%
Hutchinson Shockey, TIC 2.468%
BA Merrill Lynch, TIC 2.4716%
Piper Jaffray, TIC 2.4966%
Hilltop Securities, TIC 2.5211%
NEW HAMPSHIRE
Concord (City)
Jul 26, 2016 . . . . . . $3,385,000
General Obligation Refunding Bonds (book entry).
Dated Aug 11, 2016.
Due Aug 15, 2019 to 2028.
Callable Aug 15, 2026 at par.
Winning bid: Roosevelt & Cross, at 113.9062, TIC 1.4375%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/19 | $350,000 | 4.00% | 0.75% | ||
| 8/15/20 | $350,000 | 4.00% | 0.85% | ||
| 8/15/21 | $350,000 | 4.00% | 0.95% | ||
| 8/15/22 | $350,000 | 4.00% | 1.05% | ||
| 8/15/23 | $350,000 | 4.00% | 1.18% | ||
| 8/15/24 | $350,000 | 4.00% | 1.27% | ||
| 8/15/25 | $345,000 | 4.00% | 1.38% | ||
| 8/15/26 | $335,000 | 4.00% | 1.50% | ||
| 8/15/27 | $315,000 | 2.00% | 1.75% | ||
| 8/15/28 | $290,000 | 2.00% | 1.95% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Edward Jones.
L.O.: Devine, Millimet & Branch, P.A., Manchester, NH.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Fifth Third Secs, TIC 1.4981%
Morgan Stanley, TIC 1.4995%
Robert W. Baird, TIC 1.4998%
NEW JERSEY
Mahwah Township
Jul 26, 2016 . . . . . . $12,000,000
Bond Anticipation Note.
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $12,000,000.00 by Jefferies, at 1.5%, plus $85,922.00, effective rate 0.784%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 0.79%
Bank of America, Effective Rate 0.96%
Oppenheimer, Effective Rate 0.995%
Washington Township (Bergen County)
Jul 26, 2016 . . . . . . $4,304,437
Bond Anticipation Note (bank qualified).
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $4,304,440.00 by Jefferies, at 1.5%, plus $28,497.00, effective rate 0.838%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.85%
Oppenheimer, Effective Rate 1.125%
NEW YORK
Albany City School District
Jul 26, 2016 . . . . . . $7,100,000
Bond Anticipation Notes, 2016.
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $7,100,000.00 by TD Securities, at 2.0%, plus $75,473.00, effective rate 0.937%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 0.978%
Oppenheimer, Effective Rate 1.0304%
JPMorgan Chase, Effective Rate 1.09%
Belfast Central School District
Jul 26, 2016 . . . . . . $624,528
Bond Anticipation Notes, 2016 (bank qualified).
Dated Aug 3, 2016.
Due Aug 3, 2017.
Purchased $624,530.00 by Roosevelt & Cross, at 1.5%, plus $1,186.00, effective rate 1.3101%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 1.38%
Oppenheimer, Effective Rate 1.9606%
Chautauqua Utility District
Jul 26, 2016 . . . . . . $7,000,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Aug 4, 2016.
Due Aug 3, 2017.
Purchased $7,000,000.00 by TD Securities, at 2.0%, plus $71,190.00, effective rate 0.9802%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Jefferies, Effective Rate 1.0277%
KeyBank NY, Effective Rate 1.18%
Oppenheimer, Effective Rate 1.2198%
Eastchester (Town)
Jul 26, 2016 . . . . . . $1,566,521
Bond Anticipation Notes-2016 (bank qualified).
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $1,566,520.00 by TD Securities, at 2.0%, plus $18,328.30, effective rate 0.83%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Sterling Natl Bk, Effective Rate 0.99%
JPMorgan Chase, Effective Rate 1.08%
People's United Bk, Effective Rate 1.1%
Oppenheimer, Effective Rate 1.1902%
Roosevelt & Cross, Effective Rate 1.2198%
Jefferies, Effective Rate 1.2549%
Fayetteville-Manlius Central School District
Jul 26, 2016 . . . . . . $592,908
Bond Anticipation Notes, 2016 (bank qualified).
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $592,910.00 by JPMorgan Chase, at 1.2%, effective rate 1.2%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.3096%
Bank of Greene Co, Effective Rate 1.38%
Oppenheimer, Effective Rate 1.659%
Geneseo Central School District
Jul 26, 2016 . . . . . . $255,470
Statutory Installment Bond, 2016 (bank qualified).
Dated Aug 15, 2016.
Due Aug 15, 2017 to 2021.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 2.125%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $50,470 | 2.125% | 0.75% | ||
| 8/15/18 | $50,000 | 2.125% | 1.00% | ||
| 8/15/19 | $50,000 | 2.125% | 1.15% | ||
| 8/15/20 | $50,000 | 2.125% | 1.30% | ||
| 8/15/21 | $55,000 | 2.125% | 1.45% |
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, NIC 2.39%
Five Star Bnk, NIC 2.85%
Hadley-Luzerne Central School District
Jul 26, 2016 . . . . . . $739,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $739,000.00 by Roosevelt & Cross, at 1.5%, plus $1,579.00, effective rate 1.2863%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 1.38%
Glens Falls Natl Bk, Effective Rate 1.51%
Oppenheimer, Effective Rate 1.6939%
Indian Lake Central School District
Jul 26, 2016 . . . . . . $126,000
School District (Serial) Bonds, 2016 (bank qualified).
Dated Aug 9, 2016.
Due Jun 15, 2018 to 2021.
Non-callable.
Winning bid: Sage Rutty, at n/a, NIC 1.8332%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/18 | $31,000 | 1.75% | 0.95% | ||
| 6/15/19 | $30,000 | 1.75% | 1.05% | ||
| 6/15/20 | $30,000 | 1.875% | 1.15% | ||
| 6/15/21 | $35,000 | 1.875% | 1.25% |
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Roosevelt & Cross, NIC 2.2083%
Bank of Greene Co, NIC 2.8918%
Community Bank, NIC 2.99%
New Rochelle City School District
Jul 26, 2016 . . . . . . $11,000,000
Bond Anticipation Notes, 2016 Series B.
Dated Aug 3, 2016.
Due Jul 14, 2017.
Purchased $11,000,000.00 by JPMorgan, at 2.25%, plus $149,600.00, effective rate 0.8142%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Jefferies, Effective Rate 0.856%
TD Bank, N.A., Effective Rate 0.87%
TD Securities, Effective Rate 0.8725%
Bank of America, Effective Rate 0.95%
JPMorgan Chase, Effective Rate 1.07%
Newburgh (City)
Jul 26, 2016 . . . . . . $9,876,473
Bond Anticipation Notes, Series 2016A (Renewal/New Money) (bank qualified).
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $9,876,470.00 by JPMorgan Chase, at 1.07%, effective rate 1.07%.
L.O.: Harris Beach PLLC, White Plains, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
TD Securities, Effective Rate 1.4294%
Jefferies, Effective Rate 1.445%
Oppenheimer, Effective Rate 2.0886%
Orchard Park Central School District
Jul 26, 2016 . . . . . . $784,000
School District Bonds, 2016 (SIB or Serial Bonds).
Dated Aug 4, 2016.
Due Aug 1, 2017 to 2021.
Non-callable.
Winning bid: JPMorgan Chase, at n/a, NIC 1.56%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $154,000 | 1.56% | NRO | ||
| 8/1/18 | $155,000 | 1.56% | NRO | ||
| 8/1/19 | $155,000 | 1.56% | NRO | ||
| 8/1/20 | $160,000 | 1.56% | NRO | ||
| 8/1/21 | $160,000 | 1.56% | NRO |
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Sage Rutty, NIC 1.6006%
Roosevelt & Cross, NIC 1.6137%
Phelps (Town)
Jul 26, 2016 . . . . . . $1,541,108
General Obligation Public Improvement (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Aug 16, 2016.
Due Dec 15, 2016 to 2054.
Callable Dec 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.0000, NIC 2.6726%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/16 | $66,108 | 2.375% | 0.70% | BAM | |
| 12/15/17 | $65,000 | 2.375% | 0.80% | BAM | |
| 12/15/18 | $65,000 | 2.375% | 0.90% | BAM | |
| 12/15/19 | $65,000 | 2.375% | 1.00% | BAM | |
| 12/15/20 | $65,000 | 2.375% | 1.20% | BAM | |
| 12/15/21 | $65,000 | 2.375% | 1.35% | BAM | |
| 12/15/22 | $70,000 | 2.375% | 1.50% | BAM | |
| 12/15/23 | $70,000 | 2.375% | 1.60% | BAM | |
| 12/15/24 | $75,000 | 2.375% | 1.70% | BAM | |
| 12/15/25 | $75,000 | 2.375% | 1.80% | BAM | |
| 12/15/26 | $75,000 | 2.375% | 1.90% | BAM | |
| 12/15/27 | $80,000 | 2.375% | 2.00% | BAM | |
| 12/15/28 | $80,000 | 2.50% | 2.20% | BAM | |
| 12/15/29 | $85,000 | 2.50% | 2.30% | BAM | |
| 12/15/30 | $90,000 | 2.50% | 2.40% | BAM | |
| 12/15/31 | $95,000 | 2.50% | 2.50% | BAM | |
| 12/15/32 | $100,000 | 2.50% | 2.60% | BAM | |
| 12/15/33 | $100,000 | 2.50% | 2.65% | BAM | |
| 12/15/34 | $5,000 | 3.00% | 2.80% | BAM | |
| 12/15/35 | $5,000 | 3.00% | 2.90% | BAM | |
| 12/15/36 | $5,000 | 3.00% | 2.95% | BAM | |
| 12/15/37 | $5,000 | 3.00% | 3.00% | BAM | |
| 12/15/38 | $5,000 | 3.125% | 3.05% | BAM | |
| 12/15/39 | $5,000 | 3.125% | 3.07% | BAM | |
| 12/15/40 | $5,000 | 3.125% | 3.08% | BAM | |
| 12/15/41 | $5,000 | 3.125% | 3.09% | BAM | |
| 12/15/42 | $5,000 | 3.125% | 3.10% | BAM | |
| 12/15/43 | $5,000 | 3.25% | 3.10% | BAM | |
| 12/15/44 | $5,000 | 3.25% | 3.11% | BAM | |
| 12/15/45 | $10,000 | 3.25% | 3.12% | BAM | |
| 12/15/46 | $10,000 | 3.25% | 3.13% | BAM | |
| 12/15/47 | $10,000 | 3.25% | 3.14% | BAM | |
| 12/15/48 | $10,000 | 3.25% | 3.15% | BAM | |
| 12/15/49 | $10,000 | 3.375% | 3.15% | BAM | |
| 12/15/50 | $10,000 | 3.375% | 3.17% | BAM | |
| 12/15/51 | $10,000 | 3.375% | 3.20% | BAM | |
| 12/15/52 | $10,000 | 3.50% | 3.20% | BAM | |
| 12/15/53 | $10,000 | 3.50% | 3.20% | BAM | |
| 12/15/54 | $10,000 | 3.50% | 3.20% | BAM |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc..
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Sag Harbor Union Free School District
Jul 26, 2016 . . . . . . $3,300,000
Bond Anticipation Notes-2016.
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $3,300,000.00 by TD Securities, at 2.0%, plus $39,930.00, effective rate 0.79%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Jefferies, Effective Rate 0.9819%
Oppenheimer, Effective Rate 1.05%
JPMorgan Chase, Effective Rate 1.06%
Shenendehowa Central School District
Jul 26, 2016 . . . . . . $958,700
School District (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Aug 9, 2016.
Due Aug 1, 2017 to 2021.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 1.4533%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $813,700 | 1.375% | 0.70% | ||
| 8/1/18 | $40,000 | 1.50% | 1.00% | ||
| 8/1/19 | $35,000 | 1.50% | 1.15% | ||
| 8/1/20 | $35,000 | 1.625% | 1.30% | ||
| 8/1/21 | $35,000 | 1.625% | 1.45% |
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
JPMorgan Chase, NIC 1.46%
Sage Rutty, NIC 1.6027%
Glens Falls Natl Bk, NIC 2.93%
West Babylon Union Free School District
Jul 26, 2016 . . . . . . $9,500,000
Bond Anticipation Notes, 2016.
Dated Aug 4, 2016.
Due Aug 4, 2017.
Purchased $9,500,000.00 by TD Securities, at 2.0%, plus $116,565.00, effective rate 0.773%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
Jefferies, Effective Rate 0.806%
JPMorgan, Effective Rate 0.925%
Oppenheimer, Effective Rate 0.9889%
West Babylon Union Free School District
Jul 26, 2016 . . . . . . $15,000,000
Tax Anticipation Notes for 2016- 2017 Taxes.
Dated Aug 4, 2016.
Due Jun 23, 2017.
Purchased $15,000,000.00 by TD Securities, at 2.0%, plus $174,300.00, effective rate 0.6887%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
Jefferies, Effective Rate 0.7371%
JPMorgan, Effective Rate 0.8986%
Flushing Comm Bk, Effective Rate 1.0%
Oppenheimer, Effective Rate 1.0058%
Williamson Central School District
Jul 26, 2016 . . . . . . $361,500
Bond Anticipation Notes, 2016 (bank qualified).
Dated Aug 5, 2016.
Due Aug 4, 2017.
Purchased $361,500.00 by JPMorgan Chase, at 1.22%, effective rate 1.22%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.3735%
Bank of Greene Co, Effective Rate 1.38%
Oppenheimer, Effective Rate 2.2306%
OHIO
Geauga County
Jul 26, 2016 . . . . . . $2,000,000
General Obligation Communication System Bond Anticipation Notes (Limited Tax) (bank qualified) (book entry).
Dated Aug 10, 2016.
Due Aug 10, 2017.
Purchased $2,000,000.00 by KeyBanc Cap Mkts, at 1.0%, plus $460.00, effective rate 0.977%.
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: Sudsina & Associates, Bainbridge Twp, OH; and Sudsina & Associates, Aurora, OH.
Other bidders were:
Huntington Invest, Effective Rate 1.06%
First Merit, Effective Rate 1.12%
Oppenheimer, Effective Rate 1.22%
TEXAS
Coppell (City)
Jul 26, 2016 . . . . . . $4,405,000
General Obligation Refunding Bonds, Series 2016 (book entry).
Dated Jul 15, 2016.
Due Feb 1, 2017 to 2027.
Non-callable.
Winning bid: Morgan Stanley, at 105.7425, TIC 1.5196%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/17 | $25,000 | 2.00% | 0.55% | ||
| 2/1/18 | $475,000 | 2.00% | 0.65% | ||
| 2/1/19 | $470,000 | 2.00% | 0.75% | ||
| 2/1/20 | $460,000 | 2.00% | 0.85% | ||
| 2/1/21 | $450,000 | 2.00% | 1.00% | ||
| 2/1/22 | $440,000 | 2.00% | 1.15% | ||
| 2/1/23 | $430,000 | 2.00% | 1.30% | ||
| 2/1/24 | $425,000 | 3.00% | 1.45% | ||
| 2/1/25 | $415,000 | 3.00% | 1.60% | ||
| 2/1/26 | $410,000 | 3.00% | 1.75% | ||
| 2/1/27 | $405,000 | 3.00% | 1.95% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, Fidelity Capital Markets, City Securities Corp..
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Hutchinson Shockey, TIC 1.5445%
BOK Fin Secs, TIC 1.5489%
Robert W. Baird, TIC 1.5794%
Citigroup, TIC 1.6099%
William Blair, TIC 1.7174%
VIRGINIA
Alexandria (City)
Jul 26, 2016 . . . . . . $73,735,000
General Obligation Capital Improvement Bonds, Series 2016A (book entry).
Dated Aug 9, 2016.
Due Jul 15, 2017 to 2036.
Callable Jul 15, 2026 at par.
Winning bid: Citigroup, at 113.9087, TIC 2.1168%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $1,400,000 | 5.00% | 0.50% | ||
| 7/15/18 | $2,100,000 | 5.00% | 0.54% | ||
| 7/15/19 | $2,800,000 | 5.00% | 0.62% | ||
| 7/15/20 | $3,515,000 | 4.00% | 0.72% | ||
| 7/15/21 | $3,995,000 | 5.00% | 0.85% | ||
| 7/15/22 | $3,995,000 | 5.00% | 1.00% | ||
| 7/15/23 | $3,995,000 | 5.00% | 1.14% | ||
| 7/15/24 | $3,995,000 | 5.00% | 1.25% | ||
| 7/15/25 | $3,995,000 | 5.00% | 1.35% | ||
| 7/15/26 | $3,995,000 | 5.00% | 1.45% | ||
| 7/15/27 | $3,995,000 | 5.00% | 1.55% | ||
| 7/15/28 | $3,995,000 | 5.00% | 1.63% | ||
| 7/15/29 | $3,995,000 | 2.00% | 2.14% | ||
| 7/15/30 | $3,995,000 | 2.125% | 2.24% | ||
| 7/15/31 | $3,995,000 | 2.625% | 2.44% | ||
| 7/15/32 | $3,995,000 | 2.75% | 2.49% | ||
| 7/15/33 | $3,995,000 | 2.875% | 2.54% | ||
| 7/15/34 | $3,995,000 | 3.00% | 2.59% | ||
| 7/15/35 | $3,995,000 | 3.00% | 2.64% | ||
| 7/15/36 | $3,995,000 | 3.00% | 2.68% |
Other managers: Drexel Hamilton, LLC., Siebert, Brandford, Shank & Co., Roosevelt & Cross, Inc., The Williams Capital Group, L.P., Stifel, Nicolaus & Co., Inc., KeyBanc Capital Markets.
L.O.: McGuireWoods LLP, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
UBS Financial Svcs, TIC 2.1282%
Raymond James, TIC 2.146%
BA Merrill Lynch, TIC 2.1461%
Piper Jaffray, TIC 2.1572%
JPMorgan, TIC 2.16%
Wells Fargo Secs, TIC 2.167%
Robert W. Baird, TIC 2.172%
SunTrust Robinson, TIC 2.2268%
WISCONSIN
Rochester Village
Jul 25, 2016 . . . . . . $2,175,000
General Obligation Corporate Purpose Bonds, Series 2016A (bank qualified) (book entry).
Dated Aug 11, 2016.
Due Apr 1, 2017 to 2036.
Callable Apr 1, 2026 at par.
Winning bid: Bankers' Bank, at n/a, TIC 2.3624%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $95,000 | 0.80% | 0.80% | ||
| 4/1/18 | $100,000 | 1.00% | 1.00% | ||
| 4/1/19 | $110,000 | 1.10% | 1.10% | ||
| 4/1/20 | $110,000 | 1.20% | 1.20% | ||
| 4/1/21 | $115,000 | 1.30% | 1.30% | ||
| 4/1/22 | $115,000 | 1.45% | 1.45% | ||
| 4/1/23 | $115,000 | 1.55% | 1.55% | ||
| 4/1/24 | $115,000 | 1.65% | 1.65% | ||
| 4/1/25 | $115,000 | 1.75% | 1.75% | ||
| 4/1/26 | $115,000 | 1.90% | 1.90% | ||
| 4/1/27 | $120,000 | 2.00% | 2.00% | ||
| 4/1/28 | $125,000 | 2.10% | 2.10% | ||
| 4/1/29 | $125,000 | 2.25% | 2.25% | ||
| 4/1/30 | $130,000 | 2.40% | 2.40% | ||
| 4/1/31 | $130,000 | 2.50% | 2.50% | ||
| 4/1/32 | $95,000 | 2.70% | 2.70% | ||
| 4/1/34 | $175,000 | 2.90% | 2.90% | ||
| 4/1/36 | $170,000 | 3.00% | 3.00% |
L.O.: Whyte Hirschboeck Dudek S.C., Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
BOK Fin Secs, TIC 2.4389%
Northland Securities, TIC 2.4395%
Bernardi Securities, TIC 2.5592%
Robert W. Baird, TIC 2.5695%
TAXABLE ISSUES
MASSACHUSETTS
Methuen (City)
Jul 26, 2016 . . . . . . $1,653,000
General Obligation State Qualified Recreational Facility Bonds, Series A (Subject to Federal and Massachuetts Income Taxation) (book entry).
Dated Aug 4, 2016.
Due Sep 1, 2017 to 2029.
Callable Sep 1, 2026 at par.
Winning bid: Robert W. Baird, at 100.0000, TIC 2.4067%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $93,000 | 2.00% | 0.80% | ||
| 9/1/18 | $115,000 | 2.00% | 0.90% | ||
| 9/1/19 | $115,000 | 2.00% | 1.05% | ||
| 9/1/20 | $120,000 | 2.00% | 1.25% | ||
| 9/1/21 | $120,000 | 2.00% | 1.45% | ||
| 9/1/22 | $125,000 | 2.00% | 1.60% | ||
| 9/1/23 | $130,000 | 2.50% | 1.80% | ||
| 9/1/24 | $130,000 | 2.50% | 2.00% | ||
| 9/1/25 | $135,000 | 2.50% | 2.15% | ||
| 9/1/26 | $135,000 | 2.50% | 2.30% | ||
| 9/1/27 | $140,000 | 2.50% | 2.45% | ||
| 9/1/28 | $145,000 | 2.50% | 2.60% | ||
| 9/1/29 | $150,000 | 2.625% | 2.70% |
Other managers: Eastern Bank Capital Markets, Ross, Sinclaire & Associates LLC, CL King & Associates, Edward Jones, Oppenheimer & Co., Inc., Loop Capital Markets, LLC, Crews & Associates, Inc., Davenport & Company LLC, SAMCO Capital Markets, WNJ Capital, R. Seelaus & Co., Inc., Sierra Pacific Securities, Cronin & Co., Inc., Bernardi Securities, Inc., SumRidge Partners, LLC, Alamo Capital, Wayne Hummer & Co., First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., IFS Securities, J.J.B. Hilliard, W.L. Lyons, Inc., Dougherty & Company LLC, UMB Bank, N.A.., FMSbonds, Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Piper Jaffray, TIC 2.4456%
Fifth Third Secs, TIC 2.5299%
BOK Fin Secs, TIC 2.5734%
UBS Financial Svcs, TIC 2.6473%
