IOWA
Clive (City)
Aug 11, 2016 . . . . . . $1,515,000
General Obligation Refunding Bonds, Series 2016 (bank qualified) (book entry).
Dated Sep 15, 2016.
Due Jun 1, 2018 to 2025.
Non-callable.
Winning bid: UMB Bank, at 103.1372, TIC 1.435%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $175,000 | 1.50% | 0.80% | ||
| 6/1/19 | $180,000 | 1.50% | 0.90% | ||
| 6/1/20 | $180,000 | 2.00% | 1.05% | ||
| 6/1/21 | $185,000 | 2.00% | 1.15% | ||
| 6/1/22 | $190,000 | 2.00% | 1.25% | ||
| 6/1/23 | $195,000 | 2.00% | 1.40% | ||
| 6/1/24 | $200,000 | 2.25% | 1.50% | ||
| 6/1/25 | $210,000 | 2.25% | 1.60% |
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Public Financial Management, Inc., Des Moines, IA.
Other bidders were:
Bankers' Bank, TIC 1.4479%
D.A. Davidson, TIC 1.4586%
Northland Securities, TIC 1.5517%
WISCONSIN
Milwaukee (City)
Aug 11, 2016 . . . . . . $89,830,000
Sewerage System Revenue Bonds, Series 2016 S7 (book entry).
Dated Aug 25, 2016.
Due Jun 1, 2017 to 2036.
Callable Jun 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 111.7924, TIC 2.3728%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $2,815,000 | 5.00% | 0.55% | ||
| 6/1/18 | $2,960,000 | 5.00% | 0.68% | ||
| 6/1/19 | $3,115,000 | 5.00% | 0.73% | ||
| 6/1/20 | $3,270,000 | 5.00% | 0.87% | ||
| 6/1/21 | $3,440,000 | 5.00% | 1.03% | ||
| 6/1/22 | $3,615,000 | 5.00% | 1.22% | ||
| 6/1/23 | $3,800,000 | 5.00% | 1.34% | ||
| 6/1/24 | $3,995,000 | 5.00% | 1.45% | ||
| 6/1/25 | $4,200,000 | 5.00% | 1.56% | ||
| 6/1/26 | $4,415,000 | 5.00% | 1.68% | ||
| 6/1/27 | $4,620,000 | 4.00% | 1.84% | ||
| 6/1/28 | $4,810,000 | 4.00% | 2.00% | ||
| 6/1/29 | $5,005,000 | 4.00% | 2.17% | ||
| 6/1/30 | $5,185,000 | 3.00% | 2.53% | ||
| 6/1/31 | $5,340,000 | 3.00% | 2.59% | ||
| 6/1/32 | $5,505,000 | 3.00% | 2.64% | ||
| 6/1/33 | $5,670,000 | 3.00% | 2.69% | ||
| 6/1/36 | $18,070,000 | 3.00% | 2.84% |
L.O.: Katten Muchin Rosenman LLP, Chicago, IL; and Hurtado, S.C., Wauwatosa, WI.
F.A.: Public Financial Management, Inc., Milwaukee, WI.
Other bidders were:
Morgan Stanley, TIC 2.3945%
Citigroup, TIC 2.4305%
Hutchinson Shockey, TIC 2.4352%
Robert W. Baird, TIC 2.4388%
JPMorgan, TIC 2.4528%
Mesirow Financial, TIC 2.4607%
