KENTUCKY
Gallatin County School District Finance Corporation
Sep 8, 2016 . . . . . . $1,635,000
School Building Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Sep 22, 2016.
Due Sep 1, 2017 to 2036.
Callable Sep 1, 2026 at par.
Winning bid: Stifel Nicolaus, at 99.4010, NIC 2.7887%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/26 | $140,000 | 2.00% | 2.00% | ||
| 9/1/28 | $165,000 | 2.25% | 2.25% | ||
| 9/1/31 | $355,000 | 2.50% | 2.40% | ||
| 9/1/33 | $375,000 | 2.75% | 2.625% | ||
| 9/1/36 | $600,000 | 3.00% | 2.80% |
Other managers: BOK Financial Securities, SunTrust Robinson Humphrey.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: First Kentucky Securities Corp., Lexington, KY; and First Kentucky Securities Corp., Frankfort, KY.
Other bidders were:
J.J.B. Hilliard, NIC 2.7956%
NEW MEXICO
Gadsden Independent School District No. 16
Sep 8, 2016 . . . . . . $9,500,000
General Obligation School Bonds, Series 2016 (bank qualified) (book entry).
Dated Oct 19, 2016.
Due Aug 15, 2017 to 2026.
Callable Aug 15, 2024 at par.
Winning bid: Cantor Fitzgerald, at 101.9649, TIC 1.3539%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $220,000 | 1.00% | 0.80% | ||
| 8/15/18 | $1,000,000 | 1.00% | 0.90% | ||
| 8/15/19 | $1,000,000 | 1.25% | 0.90% | ||
| 8/15/20 | $1,000,000 | 1.25% | 0.95% | ||
| 8/15/21 | $1,050,000 | 1.25% | 1.00% | ||
| 8/15/22 | $1,050,000 | 1.25% | 1.10% | ||
| 8/15/23 | $1,050,000 | 2.00% | 1.20% | ||
| 8/15/24 | $1,050,000 | 2.00% | 1.30% | ||
| 8/15/25 | $1,050,000 | 2.00% | 1.40% | ||
| 8/15/26 | $1,030,000 | 2.00% | 1.50% |
Other managers: Piper Jaffray & Company.
L.O.: Cuddy & McCarthy, LLP, Santa Fe, NM; McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
Robert W. Baird, TIC 1.4126%
Raymond James, TIC 1.4234%
KeyBanc Cap Mkts, TIC 1.4683%
FTN Fin Cap Mkts, TIC 1.4946%
Wells Fargo Secs, TIC 1.5894%
Stifel Nicolaus, TIC 1.591%
NEW YORK
New York State Dormitory Authority
Sep 8, 2016 . . . . . . $241,575,000
State Personal Income Tax Revenue Bonds, (General Purpose), Series 2016A (Group B) (Tax-Exempt) (book entry).
Dated Sep 16, 2016.
Due Feb 15, 2027 to 2036.
Callable Aug 15, 2026 at par.
Winning bid: Citigroup, at 126.4896, TIC 2.8418%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/27 | $19,205,000 | 5.00% | 1.65% | ||
| 2/15/28 | $20,170,000 | 5.00% | 1.74% | ||
| 2/15/29 | $21,175,000 | 5.00% | 1.84% | ||
| 2/15/30 | $22,230,000 | 5.00% | 1.92% | ||
| 2/15/31 | $23,345,000 | 5.00% | 1.97% | ||
| 2/15/32 | $24,515,000 | 5.00% | 2.04% | ||
| 2/15/33 | $25,745,000 | 5.00% | 2.09% | ||
| 2/15/34 | $27,025,000 | 5.00% | 2.14% | ||
| 2/15/35 | $28,370,000 | 5.00% | 2.19% | ||
| 2/15/36 | $29,795,000 | 5.00% | 2.23% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert Cisneros Shank & Co., L.L.C., The Williams Capital Group, L.P., Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Stifel, Nicolaus & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Ross, Sinclaire & Associates, Inc., Wiley Bros.-Aintree Capital LLC, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc., UBS Financial Services, Inc., Stern Brothers & Co., Wedbush Securities Inc., Mischler Financial Group, Inc., M & T Securities, Inc..
L.O.: Hawkins, Delafield & Wood, New York, NY; and Bryant Rabbino LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; and Backstrom McCarley Berry & Co., LLC, San Francisco, CA.
Other bidders were:
BA Merrill Lynch, TIC 2.846%
RBC Capital Mkts, TIC 2.8515%
JPMorgan, TIC 2.867%
Morgan Stanley, TIC 2.8713%
Wells Fargo Secs, TIC 2.881%
Goldman Sachs, TIC 2.8953%
Jefferies, TIC 2.8958%
Barclays Capital, TIC 2.9026%
New York State Dormitory Authority
Sep 8, 2016 . . . . . . $295,455,000
State Personal Income Tax Revenue Bonds, (General Purpose), Series 2016A (Group C) (Tax-Exempt) (book entry).
Dated Sep 16, 2016.
Due Feb 15, 2037 to 2046.
Callable Aug 15, 2026 at par.
Winning bid: BA Merrill Lynch, at 122.1284, TIC 3.4895%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/37 | $31,290,000 | 5.00% | 2.28% | ||
| 2/15/38 | $32,850,000 | 5.00% | 2.29% | ||
| 2/15/39 | $34,495,000 | 5.00% | 2.30% | ||
| 2/15/40 | $36,220,000 | 5.00% | 2.31% | ||
| 2/15/41 | $38,030,000 | 5.00% | 2.32% | ||
| 2/15/42 | $39,925,000 | 5.00% | 2.325% | ||
| 2/15/43 | $41,930,000 | 5.00% | 2.33% | ||
| 2/15/44 | $13,040,000 | 4.00% | 2.60% | ||
| 2/15/45 | $13,565,000 | 4.00% | 2.62% | ||
| 2/15/46 | $14,110,000 | 4.00% | 2.63% |
L.O.: Hawkins, Delafield & Wood, New York, NY; and Bryant Rabbino LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; and Backstrom McCarley Berry & Co., LLC, San Francisco, CA.
Other bidders were:
JPMorgan, TIC 3.4937%
Wells Fargo Secs, TIC 3.504%
RBC Capital Mkts, TIC 3.5068%
Morgan Stanley, TIC 3.5108%
Citigroup, TIC 3.5192%
Barclays Capital, TIC 3.527%
Jefferies, TIC 3.5355%
Goldman Sachs, TIC 3.537%
OKLAHOMA
Hughes County Independent School District No. 54 (Stuart)
Sep 8, 2016 . . . . . . $250,000
Building Bonds of 2016 (bank qualified) (book entry).
Dated Nov 1, 2016.
Due Nov 1, 2018.
Non-callable.
Winning bid: Baker Group, at n/a, NIC 1.05%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/18 | $250,000 | 1.0345% | 0.85% |
In association with: The Bank NA.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
BOK Fin Secs, NIC 1.375%
WISCONSIN
Glendale-River Hills School District
Aug 24, 2016 . . . . . . $1,000,000
Tax and Revenue Anticipation Promissory Notes R-2 (bank qualified) (book entry).
Dated Sep 12, 2016.
Due Jun 20, 2017.
Purchased $1,000,000.00 by Robert W. Baird, at 2.0%, plus $6,940.00, effective rate 1.1012%.
L.O.: Quarles & Brady, Milwaukee, WI.
Other bidders were:
BOK Fin Secs, Effective Rate 1.1032%
Oppenheimer, Effective Rate 1.2917%
First Merit, Effective Rate 1.66%
Glendale-River Hills School District
Aug 24, 2016 . . . . . . $2,700,000
Tax and Revenue Anticipation Promissory Notes R-1 (bank qualified) (book entry).
Dated Sep 12, 2016.
Due Feb 23, 2017.
Purchased $2,700,000.00 by Robert W. Baird, at 1.0%, plus $1,458.00, effective rate 0.8792%.
L.O.: Quarles & Brady, Milwaukee, WI.
Other bidders were:
BOK Fin Secs, Effective Rate 1.0751%
Oppenheimer, Effective Rate 1.118%
First Merit, Effective Rate 1.57%
TAXABLE ISSUES
KANSAS
Wichita (City)
Sep 8, 2016 . . . . . . $3,560,000
Taxable General Obligation Bonds, Series 819 (book entry).
Dated Oct 1, 2016.
Due Dec 1, 2017 to 2026.
Callable Dec 1, 2024 at par.
Winning bid: BOK Fin Secs, at 104.8572, TIC 1.7794%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/17 | $295,000 | 3.00% | 0.75% | ||
| 12/1/18 | $320,000 | 3.00% | 0.95% | ||
| 12/1/19 | $330,000 | 3.00% | 1.15% | ||
| 12/1/20 | $340,000 | 3.00% | 1.30% | ||
| 12/1/21 | $350,000 | 3.00% | 1.50% | ||
| 12/1/22 | $365,000 | 3.00% | 1.65% | ||
| 12/1/23 | $375,000 | 3.00% | 1.80% | ||
| 12/1/24 | $385,000 | 3.00% | 1.90% | ||
| 12/1/25 | $395,000 | 2.00% | 2.00% | ||
| 12/1/26 | $405,000 | 2.10% | 2.10% |
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Municipal Official(s).
Other bidders were:
Fifth Third Secs, TIC 1.8126%
Northland Securities, TIC 1.8622%
Piper Jaffray, TIC 1.868%
Robert W. Baird, TIC 1.8979%
FTN Fin Cap Mkts, TIC 1.9302%
