KENTUCKY
Elliott County School District Finance Corporation
Aug 4, 2016 . . . . . . $2,185,000
School Building Refunding Revenue Bonds, Series of 2016 (Kentucky State School Disctrict Credit Enhancement Program) (bank qualified) (book entry).
Dated Aug 1, 2016.
Due Nov 1, 2016 to 2027.
Callable Nov 1, 2026 at par.
Winning bid: J.J.B. Hilliard, at 99.7047, NIC 1.8267%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/21 | $900,000 | 1.00% | 1.04% | ||
| 11/1/22 | $215,000 | 2.00% | 1.45% | ||
| 11/1/23 | $215,000 | 2.00% | 1.60% | ||
| 11/1/24 | $220,000 | 2.00% | 1.75% | ||
| 11/1/25 | $225,000 | 2.00% | 1.90% | ||
| 11/1/26 | $225,000 | 2.00% | 2.00% | ||
| 11/1/27 | $185,000 | 2.00% | 2.10% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
Other bidders were:
Robert W. Baird, NIC 1.8364%
Stifel Nicolaus, NIC 1.9182%
MASSACHUSETTS
Saugus (Town)
Aug 4, 2016 . . . . . . $6,640,000
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: Janney Montgomery, at 110.1415, TIC 1.726%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $655,000 | 2.00% | 0.55% | ||
| 8/1/18 | $625,000 | 4.00% | 0.65% | ||
| 8/1/19 | $625,000 | 4.00% | 0.72% | ||
| 8/1/20 | $590,000 | 4.00% | 0.80% | ||
| 8/1/21 | $580,000 | 4.00% | 0.95% | ||
| 8/1/22 | $410,000 | 4.00% | 1.10% | ||
| 8/1/23 | $395,000 | 4.00% | 1.25% | ||
| 8/1/24 | $380,000 | 4.00% | 1.34% | ||
| 8/1/25 | $375,000 | 4.00% | 1.44% | ||
| 8/1/26 | $370,000 | 4.00% | 1.54% | ||
| 8/1/27 | $290,000 | 4.00% | 1.65% | ||
| 8/1/28 | $290,000 | 2.00% | 2.00% | ||
| 8/1/29 | $220,000 | 2.00% | 2.15% | ||
| 8/1/30 | $220,000 | 2.25% | 2.30% | ||
| 8/1/33 | $315,000 | 2.375% | 2.50% | ||
| 8/1/36 | $300,000 | 2.625% | 2.70% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Fidelity Capital, TIC 1.769%
Robert W. Baird, TIC 1.7862%
UBS Financial Svcs, TIC 1.8884%
MICHIGAN
Hartland Consolidated Schools
Aug 4, 2016 . . . . . . $4,160,000
State Aid Notes (LTGO) (bank qualified) (book entry).
Dated Aug 22, 2016.
Due Aug 21, 2017.
Purchased $4,160,000.00 by Oppenheimer, at 2.0%, plus $33,450.00, effective rate 1.1936%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
Other bidders were:
Huntington Pub Cap, Effective Rate 1.7%
