CALIFORNIA
Los Angeles Unified School District
Aug 18, 2016 . . . . . . $500,855,000
2016 General Obligation Refunding Bonds, Series B (Dedicated Unlimited Ad Valorem Property Tax Bonds) (book entry).
Dated Sep 15, 2016.
Due Jul 1, 2018 to 2032.
Callable Jul 1, 2026 at par.
Winning bid: Morgan Stanley, at 117.3597, TIC 2.2867%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/18 | $2,615,000 | 5.00% | 0.45% | ||
| 7/1/25 | $21,910,000 | 5.00% | 1.36% | ||
| 7/1/26 | $23,005,000 | 5.00% | 1.47% | ||
| 7/1/27 | $72,330,000 | 5.00% | 1.57% | ||
| 7/1/28 | $75,940,000 | 5.00% | 1.68% | ||
| 7/1/29 | $79,740,000 | 2.00% | 2.18% | ||
| 7/1/30 | $81,335,000 | 5.00% | 1.79% | ||
| 7/1/31 | $85,400,000 | 3.00% | 2.40% | ||
| 7/1/32 | $58,580,000 | 3.00% | 2.45% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, UBS Financial Services, Inc., Fidelity Capital Markets, FTN Financial Capital Markets, U.S. Bancorp Investments, Inc..
L.O.: Hawkins, Delafield & Wood, Los Angeles, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
Other bidders were:
BA Merrill Lynch, TIC 2.293%
Citigroup, TIC 2.3279%
JPMorgan, TIC 2.3374%
RBC Capital Mkts, TIC 2.3428%
Barclays Capital, TIC 2.3609%
Wells Fargo Secs, TIC 2.3709%
Goldman Sachs, TIC 2.3752%
CONNECTICUT
Ansonia (City)
Aug 17, 2016 . . . . . . $4,970,000
General Obligation Bonds, Issue of 2016 (bank qualified) (book entry).
Dated Sep 1, 2016.
Due Mar 15, 2017 to 2036.
Callable Mar 15, 2023 at par.
Winning bid: Piper Jaffray, at 102.4593, TIC 1.9574%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/17 | $250,000 | 2.00% | 0.60% | ||
| 3/15/18 | $250,000 | 2.00% | 0.70% | ||
| 3/15/19 | $250,000 | 2.00% | 0.80% | ||
| 3/15/20 | $250,000 | 3.00% | 0.90% | ||
| 3/15/21 | $250,000 | 3.00% | 1.00% | ||
| 3/15/22 | $250,000 | 3.00% | 1.10% | ||
| 3/15/23 | $250,000 | 3.00% | 1.20% | ||
| 3/15/24 | $250,000 | 2.00% | 1.30% | ||
| 3/15/25 | $250,000 | 2.00% | 1.40% | ||
| 3/15/26 | $250,000 | 2.00% | 1.50% | ||
| 3/15/27 | $250,000 | 2.00% | 1.60% | ||
| 3/15/28 | $250,000 | 2.00% | 1.70% | ||
| 3/15/29 | $250,000 | 2.00% | 1.80% | ||
| 3/15/30 | $250,000 | 2.00% | 1.90% | ||
| 3/15/31 | $245,000 | 2.00% | 2.00% | ||
| 3/15/32 | $245,000 | 2.10% | 2.10% | ||
| 3/15/33 | $245,000 | 2.20% | 2.20% | ||
| 3/15/34 | $245,000 | 2.30% | 2.30% | ||
| 3/15/35 | $245,000 | 2.40% | 2.40% | ||
| 3/15/36 | $245,000 | 2.50% | 2.50% |
Other managers: Cantor Fitzgerald & Company.
L.O.: Joseph Fasi LLC, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
Raymond James, TIC 1.9628%
FTN Fin Cap Mkts, TIC 1.9633%
Janney Montgomery, TIC 2.0308%
Robert W. Baird, TIC 2.1113%
Roosevelt & Cross, TIC 2.1946%
Northland Securities, TIC 2.282%
Stifel Nicolaus, TIC 2.3212%
Trumbull (Town)
Aug 18, 2016 . . . . . . $7,630,000
General Obligation Bonds, Issue of 2016 (book entry).
Dated Sep 1, 2016.
Due Sep 1, 2017 to 2036.
Callable Sep 1, 2024 at par.
Winning bid: Janney Montgomery, at 104.8595, TIC 2.1431%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $385,000 | 2.00% | 0.50% | ||
| 9/1/18 | $385,000 | 3.00% | 0.55% | ||
| 9/1/19 | $385,000 | 4.00% | 0.63% | ||
| 9/1/20 | $385,000 | 4.00% | 0.76% | ||
| 9/1/21 | $385,000 | 4.00% | 0.89% | ||
| 9/1/22 | $385,000 | 4.00% | 1.08% | ||
| 9/1/23 | $385,000 | 4.00% | 1.20% | ||
| 9/1/24 | $385,000 | 4.00% | 1.29% | ||
| 9/1/25 | $385,000 | 3.00% | 1.50% | ||
| 9/1/26 | $385,000 | 3.00% | 1.65% | ||
| 9/1/27 | $385,000 | 2.00% | 1.87% | ||
| 9/1/28 | $385,000 | 2.00% | 2.00% | ||
| 9/1/29 | $385,000 | 2.00% | 2.10% | ||
| 9/1/30 | $375,000 | 2.125% | 2.25% | ||
| 9/1/31 | $375,000 | 2.25% | 2.40% | ||
| 9/1/32 | $375,000 | 2.375% | 2.45% | ||
| 9/1/33 | $375,000 | 2.375% | 2.50% | ||
| 9/1/34 | $375,000 | 2.50% | 2.65% | ||
| 9/1/35 | $375,000 | 2.625% | 2.75% | ||
| 9/1/36 | $375,000 | 2.625% | 2.80% |
L.O.: Joseph Fasi LLC, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
Morgan Stanley, TIC 2.145%
JPMorgan, TIC 2.1849%
UBS Financial Svcs, TIC 2.19%
Robert W. Baird, TIC 2.1973%
William Blair, TIC 2.2232%
Piper Jaffray, TIC 2.224%
Trumbull (Town)
Aug 18, 2016 . . . . . . $10,120,000
General Obligation Bond Anticipation Notes (book entry).
Dated Sep 1, 2016.
Due Aug 30, 2017.
Purchased $8,120,000.00 by TD Securities, at 2.0%, plus $106,778.00, effective rate 0.6813%.
Purchased $2,000,000.00 by TD Securities, at 2.0%, plus $26,500.00, effective rate 0.6713%.
L.O.: Joseph Fasi LLC, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
Piper Jaffray, Effective Rate 0.7345%
Eastern Bk Cap Mkts, Effective Rate 0.772%
Piper Jaffray, Effective Rate 0.7746%
Oppenheimer, Effective Rate 0.8297%
KANSAS
Kansas Development Finance Authority
Aug 18, 2016 . . . . . . $51,500,000
Refunding Revenue Bonds Series 2016H-1 (State of Kansas Projects) (book entry). $51,220,000
Dated Aug 31, 2016.
Due Nov 1, 2017 to 2028.
Callable Nov 1, 2024 at par.
Winning bid: Robert W. Baird, at 110.3297, TIC 1.8949%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/17 | $55,000 | 2.00% | 0.70% | ||
| 11/1/18 | $1,010,000 | 2.00% | 0.80% | ||
| 11/1/19 | $3,940,000 | 5.00% | 0.90% | ||
| 11/1/20 | $4,695,000 | 5.00% | 1.05% | ||
| 11/1/21 | $4,935,000 | 5.00% | 1.25% | ||
| 11/1/22 | $5,190,000 | 5.00% | 1.50% | ||
| 11/1/23 | $5,465,000 | 5.00% | 1.60% | ||
| 11/1/24 | $5,740,000 | 5.00% | 1.70% | ||
| 11/1/25 | $5,940,000 | 2.00% | 1.85% | ||
| 11/1/26 | $4,645,000 | 2.00% | 2.00% | ||
| 11/1/27 | $4,745,000 | 2.00% | 2.10% | ||
| 11/1/28 | $4,860,000 | 2.125% | 2.314% |
Other managers: CL King & Associates, Cronin & Co., Inc., Ross, Sinclaire & Associates LLC, Edward Jones, WNJ Capital, Coastal Securities Corp., Fidelity Capital Markets, Crews & Associates, Inc., SAMCO Capital Markets, Loop Capital Markets, LLC, Country Club Bank, George K. Baum & Co., Duncan-Williams, Inc., Davenport & Company LLC, Northland Securities, Inc., R. Seelaus & Co., Inc., SumRidge Partners, LLC, Oppenheimer & Co., Inc., Sierra Pacific Securities, Central States Capital Markets, LLC, Commerce Bank, Isaak Bond Investments, Inc., Alamo Capital, Wayne Hummer & Co., Wedbush Securities Inc., UMB Bank, N.A.., IFS Securities, Valdes & Moreno, Inc., First Empire Securities, Rafferty Capital Markets LLC, Dougherty & Company LLC, FMSbonds, Inc..
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Columbia Capital Management, LLC, Overland Park, KS.
Other bidders were:
JPMorgan, TIC 1.9011%
Hutchinson Shockey, TIC 1.9076%
BA Merrill Lynch, TIC 1.9583%
Wells Fargo Secs, TIC 2.0717%
FTN Fin Cap Mkts, TIC 2.1014%
KENTUCKY
Laurel County School District Finance Corporation
Aug 17, 2016 . . . . . . $7,340,000
School Building Refunding Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Sep 1, 2016.
Due Mar 1, 2017 to Sep 1, 2030.
Callable Sep 1, 2026 at par.
Winning bid: Stifel Nicolaus, at 99.7616, NIC 2.1261%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $25,000 | 2.00% | 0.90% | ||
| 9/1/17 | $275,000 | 2.00% | 0.90% | ||
| 9/1/18 | $285,000 | 2.00% | 1.00% | ||
| 9/1/19 | $295,000 | 2.00% | 1.10% | ||
| 9/1/20 | $290,000 | 2.00% | 1.25% | ||
| 9/1/21 | $295,000 | 2.00% | 1.375% | ||
| 9/1/22 | $305,000 | 2.00% | 1.50% | ||
| 9/1/23 | $310,000 | 2.00% | 1.60% | ||
| 9/1/24 | $315,000 | 2.00% | 1.70% | ||
| 9/1/25 | $320,000 | 2.00% | 1.80% | ||
| 9/1/26 | $330,000 | 2.00% | 1.90% | ||
| 9/1/27 | $1,050,000 | 2.00% | 2.00% | ||
| 9/1/28 | $1,070,000 | 2.125% | 2.125% | ||
| 9/1/29 | $1,100,000 | 2.125% | 2.20% | ||
| 9/1/30 | $1,075,000 | 2.25% | 2.30% |
Other managers: BOK Financial Securities, SunTrust Robinson Humphrey.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
Robert W. Baird, NIC 2.1651%
PNC Capital Markets, NIC 2.1692%
J.J.B. Hilliard, NIC 2.1787%
FTN Fin Cap Mkts, NIC 2.3364%
Oldham County School District Finance Corporation
Aug 18, 2016 . . . . . . $33,485,000
School Building Refunding Revenue Bonds, Second Series of 2016 (Kentucky State School District Credit Enhancement Program) (book entry).
Dated Sep 8, 2016.
Due Sep 1, 2017 to 2027.
Non-callable.
Winning bid: Hutchinson Shockey, at 109.7835, TIC 1.9061%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $2,040,000 | 2.00% | 0.65% | ||
| 9/1/18 | $2,060,000 | 0.05% | 1.00% | ||
| 9/1/19 | $2,060,000 | 0.05% | 1.05% | ||
| 9/1/20 | $2,065,000 | 0.05% | 1.25% | ||
| 9/1/21 | $2,095,000 | 2.00% | 1.25% | ||
| 9/1/22 | $2,135,000 | 2.00% | 1.55% | ||
| 9/1/23 | $2,200,000 | 3.00% | 1.60% | ||
| 9/1/24 | $2,265,000 | 3.00% | 1.78% | ||
| 9/1/25 | $2,370,000 | 4.00% | 1.84% | ||
| 9/1/26 | $2,505,000 | 4.00% | 1.93% | ||
| 9/1/27 | $11,690,000 | 4.00% | 2.03% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
J.J.B. Hilliard, TIC 1.9241%
Wells Fargo Secs, TIC 2.072%
Robert W. Baird, TIC 2.1305%
Jefferies, TIC 2.1498%
BA Merrill Lynch, TIC 2.2766%
MAINE
Regional School District No. 1 (Lower Kennebec Region School Unit)
Aug 18, 2016 . . . . . . $2,257,000
2016 General Obligation Refunding Bonds (Tax-Exempt) Series A (bank qualified) (book entry).
Dated Aug 30, 2016.
Due Aug 1, 2018 to 2027.
Non-callable.
Winning bid: William Blair, at 102.9492, TIC 1.3719%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $232,000 | 1.00% | 0.55% | ||
| 8/1/19 | $225,000 | 1.00% | 0.63% | ||
| 8/1/20 | $225,000 | 1.00% | 0.75% | ||
| 8/1/21 | $225,000 | 2.00% | 0.90% | ||
| 8/1/22 | $225,000 | 2.00% | 1.07% | ||
| 8/1/23 | $225,000 | 2.00% | 1.19% | ||
| 8/1/24 | $225,000 | 2.00% | 1.28% | ||
| 8/1/25 | $225,000 | 2.00% | 1.39% | ||
| 8/1/26 | $225,000 | 2.00% | 1.48% | ||
| 8/1/27 | $225,000 | 2.00% | 1.58% |
L.O.: Drummond Woodsum & McMahon, Portland, ME.
F.A.: Northeast Municipal Advisors LLC, Portland, ME.
Other bidders were:
Robert W. Baird, TIC 1.4149%
Raymond James, TIC 1.425%
Piper Jaffray, TIC 1.4371%
Fidelity Capital, TIC 1.4698%
SunTrust Robinson, TIC 1.5081%
FTN Fin Cap Mkts, TIC 1.5189%
UBS Financial Svcs, TIC 1.5606%
MASSACHUSETTS
Greater Attleboro/Taunton Regional Transit Authority
Aug 18, 2016 . . . . . . $7,500,000
General Obligation Revenue Anticipation Notes (bank qualified) (book entry).
Dated Aug 26, 2016.
Due Aug 25, 2017.
Purchased $7,500,000.00 by Eastern Bk Cap Mkts, at 2.0%, plus $92,408.63, effective rate 0.7645%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Oppenheimer, Effective Rate 0.8344%
Jefferies, Effective Rate 0.8663%
Century Bk, Effective Rate 0.95%
Spencer-East Brookfield Regional School District
Aug 18, 2016 . . . . . . $663,000
State Qualified General Obligation Deficit Financing Bond Anticipation Notes (bank qualified).
Dated Sep 1, 2016.
Due Sep 1, 2017.
Purchased $663,000.00 by UniBank Fiscal Adv, at 0.95%, effective rate 0.95%.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.25%
Webster Bank, Effective Rate 2.31%
NEW YORK
Atlantic Beach Village
Aug 18, 2016 . . . . . . $4,000,000
Various Purposes (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Aug 30, 2016.
Due Aug 15, 2017 to 2031.
Callable Aug 15, 2024 at par.
Winning bid: Raymond James, at 102.9583, TIC 1.6086%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $240,000 | 2.00% | 0.50% | ||
| 8/15/18 | $245,000 | 2.00% | 0.55% | ||
| 8/15/19 | $245,000 | 2.00% | 0.65% | ||
| 8/15/20 | $250,000 | 2.00% | 0.77% | ||
| 8/15/21 | $250,000 | 2.00% | 0.90% | ||
| 8/15/22 | $255,000 | 2.00% | 1.05% | ||
| 8/15/23 | $260,000 | 2.00% | 1.15% | ||
| 8/15/24 | $265,000 | 2.00% | 1.25% | ||
| 8/15/25 | $270,000 | 2.00% | 1.35% | ||
| 8/15/26 | $270,000 | 2.00% | 1.40% | ||
| 8/15/27 | $280,000 | 2.00% | 1.50% | ||
| 8/15/28 | $285,000 | 2.00% | 1.60% | ||
| 8/15/29 | $290,000 | 2.00% | 1.70% | ||
| 8/15/30 | $295,000 | 2.00% | 1.80% | ||
| 8/15/31 | $300,000 | 2.00% | 1.90% |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
FTN Fin Cap Mkts, TIC 1.7104%
Janney Montgomery, TIC 1.7189%
Robert W. Baird, TIC 1.7382%
Roosevelt & Cross, TIC 1.7705%
SunTrust Robinson, TIC 1.8479%
Ellicottville (Town)
Aug 18, 2016 . . . . . . $1,065,000
Bond Anticipation Notes, 2016 (Renewals) (bank qualified).
Dated Sep 1, 2016.
Due Aug 30, 2017.
Purchased $1,065,000.00 by Bank of Greene Co, at 1.29%, effective rate 1.29%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.3592%
Five Star Bnk, Effective Rate 1.56%
Oppenheimer, Effective Rate 1.6083%
Mamaroneck Village
Aug 18, 2016 . . . . . . $10,731,652
Public Improvement Serial Bonds, Series 2016A (book entry).
Dated Sep 1, 2016.
Due Sep 1, 2017 to 2036.
Callable Sep 1, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.0229, TIC 2.1548%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $336,652 | 2.00% | 0.50% | ||
| 9/1/18 | $455,000 | 2.00% | 0.60% | ||
| 9/1/19 | $465,000 | 2.00% | 0.68% | ||
| 9/1/20 | $475,000 | 2.00% | 0.80% | ||
| 9/1/21 | $480,000 | 2.00% | 1.00% | ||
| 9/1/22 | $490,000 | 2.00% | 1.17% | ||
| 9/1/23 | $500,000 | 2.00% | 1.32% | ||
| 9/1/24 | $510,000 | 2.00% | 1.43% | ||
| 9/1/25 | $525,000 | 2.00% | 1.55% | ||
| 9/1/26 | $535,000 | 2.00% | 1.70% | ||
| 9/1/27 | $545,000 | 2.00% | 1.80% | ||
| 9/1/28 | $555,000 | 2.00% | 1.90% | ||
| 9/1/29 | $565,000 | 2.00% | 2.00% | ||
| 9/1/30 | $575,000 | 2.00% | 2.10% | ||
| 9/1/31 | $590,000 | 2.125% | 2.20% | ||
| 9/1/32 | $600,000 | 2.25% | 2.30% | ||
| 9/1/33 | $615,000 | 2.25% | 2.35% | ||
| 9/1/34 | $625,000 | 2.25% | 2.40% | ||
| 9/1/35 | $640,000 | 2.375% | 2.45% | ||
| 9/1/36 | $650,000 | 2.50% | 2.50% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Edward D. Jones & Co., Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc., Oppenheimer & Co., Inc..
L.O.: Squire Patton Boggs (US) LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Fidelity Capital, TIC 2.2418%
BA Merrill Lynch, TIC 2.2778%
Janney Montgomery, TIC 2.2788%
JPMorgan, TIC 2.3777%
Margaretville Central School District
Aug 18, 2016 . . . . . . $3,539,806
Bond Anticipation Notes, 2016 (New Issue) (bank qualified).
Dated Sep 1, 2016.
Due Jun 30, 2017.
Purchased $2,039,810.00 by Jefferies, at 1.5%, plus $7,711.35, effective rate 1.0448%.
Purchased $1,500,000.00 by NBT Bank, at 1.01%, effective rate 1.01%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Jefferies, Effective Rate 1.0448%
Oppenheimer, Effective Rate 1.0462%
Mineola Union Free School District
Aug 18, 2016 . . . . . . $3,000,000
Tax Anticipation Notes For 2016-2017 Taxes (bank qualified).
Dated Sep 1, 2016.
Due Jun 30, 2017.
Purchased $3,000,000.00 by TD Bank, N.A., at 0.87%, effective rate 0.87%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.0187%
Jefferies, Effective Rate 1.0653%
JPMorgan Chase, Effective Rate 1.1%
Rocky Point Union Free School District
Aug 18, 2016 . . . . . . $4,750,000
Tax Anticipation Notes for 2016-2017 Taxes (bank qualified).
Dated Aug 30, 2016.
Due Jun 27, 2017.
Purchased $4,750,000.00 by TD Securities, at 2.0%, plus $47,880.00, effective rate 0.7782%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 0.9242%
Oppenheimer, Effective Rate 1.0209%
Rome (City)
Aug 18, 2016 . . . . . . $4,595,137
Bond Anticipation Notes, 2016 Series A.
Dated Sep 1, 2016.
Due Sep 1, 2017.
Purchased $4,595,137.00 by TD Securities, at 1.5%, plus $24,308.27, effective rate 0.971%.
L.O.: Bond, Schoeneck & King, PLLC, Utica, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.045%
Oppenheimer, Effective Rate 1.06%
JPMorgan Chase, Effective Rate 1.22%
Rome (City)
Aug 18, 2016 . . . . . . $6,600,000
Bond Anticipation Notes, 2016 Series B.
Dated Sep 1, 2016.
Due Jun 30, 2017.
Purchased $6,600,000.00 by TD Securities, at 1.25%, plus $7,590.00, effective rate 1.1115%.
L.O.: Bond, Schoeneck & King, PLLC, Utica, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.1801%
JPMorgan Chase, Effective Rate 1.26%
Oppenheimer, Effective Rate 1.4747%
Tonawanda (Town)
Aug 18, 2016 . . . . . . $20,175,000
Bond Anticipation Notes for Various Purposes-2016.
Dated Aug 31, 2016.
Due Aug 31, 2017.
Purchased $20,175,000.00 by TD Securities, at 2.0%, plus $250,573.50, effective rate 0.758%.
L.O.: Phillips, Lytle LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
JPMorgan, Effective Rate 0.853%
Jefferies, Effective Rate 0.856%
JPMorgan Chase, Effective Rate 1.13%
Webutuck (Northeast) Central School District
Aug 18, 2016 . . . . . . $250,000
Bond Anticipation Notes, 2016 (bank qualified).
Dated Aug 26, 2016.
Due Jun 29, 2017.
Purchased $250,000.00 by Bank of Greene Co, at 1.36%, effective rate 1.36%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.6778%
M & T Bank, Effective Rate 2.09%
SOUTH CAROLINA
Georgetown County School District
Aug 18, 2016 . . . . . . $4,500,000
General Obligation Bonds, Series 2016A (South Carolina District Credit Enhancement Program) (bank qualified) (book entry).
Dated Sep 1, 2016.
Due Mar 1, 2017 to 2019.
Non-callable.
Winning bid: Fidelity Capital, at 107.3973, TIC 0.6884%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $1,045,000 | 5.00% | 0.47% | ||
| 3/1/18 | $1,290,000 | 5.00% | 0.53% | ||
| 3/1/19 | $2,165,000 | 5.00% | 0.62% |
L.O.: McNair Law Firm, Columbia, SC.
F.A.: Compass Municpal Advisors, Columbia, SC.
Other bidders were:
Robert W. Baird, TIC 0.7495%
Raymond James, TIC 0.7703%
Citigroup, TIC 0.8089%
Piper Jaffray, TIC 0.8091%
Wells Fargo Secs, TIC 0.8924%
SunTrust Robinson, TIC 0.8952%
TEXAS
Crosbyton Consolidated Independent School District
Aug 18, 2016 . . . . . . $4,660,000
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: Raymond James, at 104.8333, TIC 2.3074%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/17 | $195,000 | 3.00% | 0.60% | PSF | |
| 2/15/18 | $165,000 | 3.00% | 0.75% | PSF | |
| 2/15/19 | $165,000 | 3.00% | 0.85% | PSF | |
| 2/15/20 | $160,000 | 3.00% | 1.00% | PSF | |
| 2/15/21 | $160,000 | 3.00% | 1.10% | PSF | |
| 2/15/25 | $625,000 | 2.00% | 1.45% | PSF | |
| 2/15/26 | $165,000 | 2.00% | 1.60% | PSF | |
| 2/15/29 | $515,000 | 2.00% | 1.75% | PSF | |
| 2/15/31 | $360,000 | 2.25% | 2.00% | PSF | |
| 2/15/33 | $380,000 | 3.00% | 1.65% | PSF | |
| 2/15/35 | $405,000 | 3.00% | 1.75% | PSF | |
| 2/15/36 | $210,000 | 3.00% | 1.80% | PSF | |
| 2/15/37 | $215,000 | 3.00% | 2.25% | PSF | |
| 2/15/39 | $455,000 | 3.00% | 2.40% | PSF | |
| 2/15/41 | $485,000 | 3.00% | 2.57% | PSF |
L.O.: Underwood Law Firm, Amarillo, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX.
Other bidders were:
Hilltop Securities, TIC 2.4149%
Robert W. Baird, TIC 2.4289%
Stifel Nicolaus, TIC 2.468%
FTN Fin Cap Mkts, TIC 2.5982%
Fort Bend-Waller Counties Municipal Utility District No. 2
Aug 18, 2016 . . . . . . $3,100,000
Unlimited Tax Road Bonds, Series 2016A (bank qualified) (book entry).
Dated Sep 1, 2016.
Due Apr 1, 2020 to 2045.
Callable Apr 1, 2021 at par.
Winning bid: RBC Capital Mkts, at 97.0000, NIC 3.5145%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/20 | $65,000 | 2.00% | 1.50% | ||
| 4/1/21 | $70,000 | 2.00% | 1.75% | ||
| 4/1/22 | $75,000 | 2.00% | 2.00% | ||
| 4/1/23 | $75,000 | 2.00% | 2.15% | ||
| 4/1/24 | $80,000 | 3.00% | 2.30% | ||
| 4/1/25 | $85,000 | 3.00% | 2.45% | ||
| 4/1/26 | $85,000 | 3.00% | 2.60% | ||
| 4/1/27 | $90,000 | 3.00% | 2.75% | ||
| 4/1/28 | $95,000 | 3.00% | 2.90% | ||
| 4/1/29 | $100,000 | 3.00% | 3.00% | ||
| 4/1/30 | $105,000 | 3.00% | 3.10% | ||
| 4/1/31 | $105,000 | 3.125% | 3.20% | ||
| 4/1/32 | $110,000 | 3.125% | 3.25% | ||
| 4/1/33 | $115,000 | 3.25% | 3.30% | ||
| 4/1/34 | $120,000 | 3.25% | 3.35% | ||
| 4/1/35 | $125,000 | 3.375% | 3.40% | ||
| 4/1/36 | $130,000 | 3.375% | 3.45% | ||
| 4/1/39 | $430,000 | 3.50% | 3.50% | ||
| 4/1/45 | $1,040,000 | 3.50% | 3.60% |
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
Hilltop Securities, NIC 3.558%
FMSbonds, NIC 3.7326%
Seymour Independent School District
Aug 18, 2016 . . . . . . $2,995,000
Unlimited Tax School Building Bonds, Series 2016 (bank qualified) (book entry).
Dated Aug 15, 2016.
Due Feb 15, 2017 to 2031.
Callable Aug 15, 2024 at par.
Winning bid: Robert W. Baird, at 103.0020, TIC 1.7071%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/17 | $270,000 | 2.00% | 0.60% | PSF | |
| 2/15/18 | $255,000 | 2.00% | 0.70% | PSF | |
| 2/15/19 | $240,000 | 3.00% | 0.80% | PSF | |
| 2/15/20 | $230,000 | 3.00% | 0.90% | PSF | |
| 2/15/21 | $220,000 | 3.00% | 1.00% | PSF | |
| 2/15/22 | $210,000 | 3.00% | 1.10% | PSF | |
| 2/15/23 | $205,000 | 2.00% | 1.20% | PSF | |
| 2/15/24 | $195,000 | 2.00% | 1.35% | PSF | |
| 2/15/25 | $185,000 | 2.00% | 1.45% | PSF | |
| 2/15/27 | $350,000 | 2.00% | 1.55% | PSF | |
| 2/15/29 | $325,000 | 2.00% | 1.75% | PSF | |
| 2/15/31 | $310,000 | 2.00% | 2.00% | PSF |
Other managers: CL King & Associates, Cronin & Co., Inc., Edward D. Jones & Co., Ross, Sinclaire & Associates LLC, WNJ Capital, Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Duncan-Williams, Inc., Northland Securities, Inc., Davenport & Company LLC, SumRidge Partners, LLC, Sierra Pacific Securities, Alamo Capital, Isaak Bond Investments, Inc., Country Club Bank, IFS Securities, UMB Bank, N.A.., Wedbush Securities Inc., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Bernardi Securities, Inc., Wayne Hummer & Co., J.J.B. Hilliard, W.L. Lyons, Inc., FMSbonds, Inc..
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
FTN Fin Cap Mkts, TIC 1.7186%
BOK Fin Secs, TIC 1.7805%
Raymond James, TIC 1.9266%
Hilltop Securities, TIC 1.9404%
UTAH
Weber County
Aug 18, 2016 . . . . . . $10,835,000
General Obligation Bonds, Series 2016 (book entry).
Dated Sep 1, 2016.
Due Jan 15, 2019 to 2035.
Callable Jan 15, 2026 at par.
Winning bid: Fidelity Capital, at 103.0883, TIC 2.219%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/15/19 | $425,000 | 4.00% | 0.61% | ||
| 1/15/20 | $445,000 | 4.00% | 0.72% | ||
| 1/15/21 | $465,000 | 4.00% | 0.86% | ||
| 1/15/22 | $480,000 | 4.00% | 1.03% | ||
| 1/15/23 | $500,000 | 2.50% | 1.18% | ||
| 1/15/24 | $515,000 | 4.00% | 1.30% | ||
| 1/15/25 | $535,000 | 4.00% | 1.40% | ||
| 1/15/26 | $555,000 | 4.00% | 1.51% | ||
| 1/15/27 | $575,000 | 2.00% | 1.90% | ||
| 1/15/28 | $585,000 | 2.00% | 2.00% | ||
| 1/15/29 | $595,000 | 2.00% | 2.08% | ||
| 1/15/30 | $610,000 | 2.00% | 2.20% | ||
| 1/15/31 | $620,000 | 2.125% | 2.28% | ||
| 1/15/32 | $635,000 | 2.25% | 2.35% | ||
| 1/15/33 | $650,000 | 2.25% | 2.43% | ||
| 1/15/34 | $665,000 | 2.375% | 2.48% | ||
| 1/15/35 | $1,980,000 | 2.375% | 2.53% |
Other managers: Raymond James & Associates, Inc., UBS Financial Services, Inc., Jefferies LLC, City Securities Corp..
L.O.: Ballard Spahr LLP, Salt Lake City, UT.
F.A.: Zions Public Finance, Salt Lake City, UT.
Other bidders were:
JPMorgan, TIC 2.2196%
Citigroup, TIC 2.24%
Morgan Stanley, TIC 2.2496%
PNC Capital Markets, TIC 2.2629%
FTN Fin Cap Mkts, TIC 2.2948%
Janney Montgomery, TIC 2.3018%
Robert W. Baird, TIC 2.3602%
BA Merrill Lynch, TIC 2.4009%
KeyBanc Cap Mkts, TIC 2.5071%
Hilltop Securities, TIC 2.5208%
George K. Baum, TIC 2.5583%
TAXABLE ISSUES
KANSAS
Kansas Development Finance Authority
Aug 18, 2016 . . . . . . $51,500,000
Taxable Refunding Revenue Bonds Series 2016H-2 (State of Kansas Projects) (book entry). $280,000
Dated Aug 31, 2016.
Due Nov 1, 2017.
Non-callable.
Winning bid: Robert W. Baird, at 110.3297, TIC 1.8949%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/17 | $280,000 | 2.00% | 1.20% |
Other managers: CL King & Associates, Cronin & Co., Inc., Ross, Sinclaire & Associates LLC, Edward Jones, WNJ Capital, Coastal Securities Corp., Fidelity Capital Markets, Crews & Associates, Inc., SAMCO Capital Markets, Loop Capital Markets, LLC, Country Club Bank, George K. Baum & Co., Duncan-Williams, Inc., Davenport & Company LLC, Northland Securities, Inc., R. Seelaus & Co., Inc., SumRidge Partners, LLC, Oppenheimer & Co., Inc., Sierra Pacific Securities, Central States Capital Markets, LLC, Commerce Bank, Isaak Bond Investments, Inc., Alamo Capital, Wayne Hummer & Co., Wedbush Securities Inc., UMB Bank, N.A.., IFS Securities, Valdes & Moreno, Inc., First Empire Securities, Rafferty Capital Markets LLC, Dougherty & Company LLC, FMSbonds, Inc..
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Columbia Capital Management, LLC, Overland Park, KS.
Other bidders were:
JPMorgan, TIC 1.9011%
Hutchinson Shockey, TIC 1.9076%
BA Merrill Lynch, TIC 1.9583%
Wells Fargo Secs, TIC 2.0717%
FTN Fin Cap Mkts, TIC 2.1014%
MAINE
Regional School District No. 1 (Lower Kennebec Region School Unit)
Aug 18, 2016 . . . . . . $1,470,000
2016 General Obligation Refunding Bonds (Federally Taxable) Series B (book entry).
Dated Aug 30, 2016.
Due Aug 1, 2018 to 2027.
Non-callable.
Winning bid: UBS Financial Svcs, at 100.0000, TIC 1.9031%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $150,000 | 1.00% | 0.90% | ||
| 8/1/19 | $150,000 | 1.10% | 1.05% | ||
| 8/1/20 | $150,000 | 1.25% | 1.25% | ||
| 8/1/21 | $150,000 | 2.00% | 1.35% | ||
| 8/1/22 | $145,000 | 2.00% | 1.50% | ||
| 8/1/23 | $145,000 | 2.00% | 1.60% | ||
| 8/1/24 | $145,000 | 2.00% | 1.85% | ||
| 8/1/25 | $145,000 | 2.00% | 2.00% | ||
| 8/1/26 | $145,000 | 2.05% | 2.05% | ||
| 8/1/27 | $145,000 | 2.125% | 2.15% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Siebert, Brandford, Shank & Co., LLC, Intercoastal Capital Markets, Inc..
In association with: Wiley Bros.-Aintree Capital LLC., Rockfleet Financial Services, Inc..
L.O.: Drummond Woodsum & McMahon, Portland, ME.
F.A.: Northeast Municipal Advisors LLC, Portland, ME.
Other bidders were:
Bernardi Securities, TIC 2.0638%
Robert W. Baird, TIC 2.0676%
Fidelity Capital, TIC 2.1496%
Piper Jaffray, TIC 2.1669%
SunTrust Robinson, TIC 2.171%
Raymond James, TIC 2.3205%
