ALABAMA
Alabama
Sep 22, 2016 . . . . . . $105,140,000
General Obligation Refunding Bonds, Series 2016-C (book entry).
Dated Oct 6, 2016.
Due Aug 1, 2022 to 2032.
Callable Aug 1, 2026 at par.
Winning bid: Citigroup, at 121.7929, TIC 2.1627%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/22 | $6,025,000 | 5.00% | 1.19% | ||
| 8/1/23 | $6,250,000 | 5.00% | 1.32% | ||
| 8/1/24 | $6,485,000 | 5.00% | 1.45% | ||
| 8/1/25 | $6,735,000 | 5.00% | 1.54% | ||
| 8/1/26 | $7,005,000 | 5.00% | 1.66% | ||
| 8/1/27 | $29,530,000 | 5.00% | 1.75% | ||
| 8/1/28 | $8,005,000 | 5.00% | 1.82% | ||
| 8/1/29 | $8,350,000 | 5.00% | 1.91% | ||
| 8/1/30 | $8,715,000 | 2.25% | 2.48% | ||
| 8/1/31 | $8,865,000 | 4.00% | 2.25% | ||
| 8/1/32 | $9,175,000 | 3.00% | 2.64% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Drexel Hamilton, LLC., Stifel, Nicolaus & Co., Inc., Stifel, Nicolaus & Co., Inc., Siebert Cisneros Shank & Co., L.L.C..
L.O.: Balch & Bingham LLP, Birmingham, AL.
F.A.: Rice Advisory, LLC, Montgomery, AL.
Other bidders were:
Morgan Stanley, TIC 2.1662%
Wells Fargo Secs, TIC 2.181%
BA Merrill Lynch, TIC 2.2379%
JPMorgan, TIC 2.2594%
Barclays Capital, TIC 2.2656%
Robert W. Baird, TIC 2.2978%
Hutchinson Shockey, TIC 2.3002%
KENTUCKY
Fort Thomas Independent School District Finance Corporation
Sep 23, 2016 . . . . . . $5,530,000
School Building Revenue Refunding Bonds, Series 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Oct 1, 2016.
Due Mar 1, 2017 to Sep 1, 2030.
Callable Sep 1, 2026 at par.
Winning bid: Stifel Nicolaus, at 101.6181, NIC 1.8002%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $115,000 | 2.00% | 1.00% | ||
| 9/1/17 | $205,000 | 2.00% | 1.00% | ||
| 9/1/18 | $385,000 | 2.00% | 1.05% | ||
| 9/1/19 | $390,000 | 2.00% | 1.125% | ||
| 9/1/20 | $530,000 | 2.00% | 1.20% | ||
| 9/1/21 | $545,000 | 2.00% | 1.30% | ||
| 9/1/22 | $555,000 | 2.00% | 1.40% | ||
| 9/1/23 | $535,000 | 2.00% | 1.50% | ||
| 9/1/24 | $550,000 | 2.00% | 1.60% | ||
| 9/1/25 | $455,000 | 2.00% | 1.70% | ||
| 9/1/26 | $490,000 | 2.00% | 1.80% | ||
| 9/1/27 | $465,000 | 2.00% | 1.90% | ||
| 9/1/30 | $310,000 | 2.375% | 2.375% |
Other managers: BOK Financial Securities, SunTrust Robinson Humphrey.
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
City Securities, NIC 1.8897%
J.J.B. Hilliard, NIC 1.91%
Robert W. Baird, NIC 1.9433%
Raymond James, NIC 1.9931%
SOUTH CAROLINA
South Carolina
Sep 22, 2016 . . . . . . $52,395,000
General Obligation State Institution Bonds (Issued on behalf of Clemson University) Series 2016F (book entry).
Dated Oct 1, 2016.
Due Jun 1, 2018 to 2036.
Callable Jun 1, 2026 at par.
Winning bid: Piper Jaffray, at 107.8111, TIC 2.2709%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $1,855,000 | 5.00% | 0.77% | ||
| 6/1/19 | $1,950,000 | 5.00% | 0.84% | ||
| 6/1/20 | $2,045,000 | 5.00% | 0.93% | ||
| 6/1/21 | $2,150,000 | 5.00% | 1.00% | ||
| 6/1/22 | $2,255,000 | 5.00% | 1.12% | ||
| 6/1/23 | $2,370,000 | 5.00% | 1.22% | ||
| 6/1/24 | $2,490,000 | 5.00% | 1.34% | ||
| 6/1/25 | $2,615,000 | 5.00% | 1.43% | ||
| 6/1/26 | $2,745,000 | 5.00% | 1.54% | ||
| 6/1/27 | $2,880,000 | 2.00% | 1.80% | ||
| 6/1/28 | $2,940,000 | 2.00% | 2.00% | ||
| 6/1/29 | $2,995,000 | 2.25% | 2.23% | ||
| 6/1/30 | $3,065,000 | 2.25% | 2.33% | ||
| 6/1/31 | $3,135,000 | 2.375% | 2.43% | ||
| 6/1/32 | $3,210,000 | 2.50% | 2.54% | ||
| 6/1/33 | $3,290,000 | 2.625% | 2.64% | ||
| 6/1/34 | $3,375,000 | 2.75% | 2.74% | ||
| 6/1/35 | $3,465,000 | 2.875% | 2.79% | ||
| 6/1/36 | $3,565,000 | 3.00% | 2.83% |
L.O.: Pope Flynn LLC, Columbia, SC; and State Attorney General.
F.A.: Public Resources Advisory Group, New York, NY.
Other bidders were:
BA Merrill Lynch, TIC 2.2759%
Citigroup, TIC 2.2822%
JPMorgan, TIC 2.2862%
Raymond James, TIC 2.2966%
Wells Fargo Secs, TIC 2.4%
Hutchinson Shockey, TIC 2.4021%
PNC Capital Markets, TIC 2.4429%
FTN Fin Cap Mkts, TIC 2.4662%
Barclays Capital, TIC 2.4782%
Robert W. Baird, TIC 2.4979%
US Bancorp Invest, TIC 2.5832%
TEXAS
North Texas Municipal Water District
Sep 22, 2016 . . . . . . $11,120,000
Sabine Creek Regional Wastewater System Revenue Bonds, Series 2016 (book entry).
Dated Sep 15, 2016.
Due Jun 1, 2017 to 2036.
Callable Jun 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 102.6200, TIC 2.8149%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $290,000 | 4.00% | 0.98% | AGM | |
| 6/1/18 | $410,000 | 4.00% | 1.07% | AGM | |
| 6/1/19 | $425,000 | 4.00% | 1.24% | AGM | |
| 6/1/20 | $440,000 | 4.00% | 1.38% | AGM | |
| 6/1/21 | $460,000 | 4.00% | 1.51% | AGM | |
| 6/1/22 | $475,000 | 4.00% | 1.62% | AGM | |
| 6/1/23 | $495,000 | 4.00% | 1.79% | AGM | |
| 6/1/24 | $515,000 | 4.00% | 1.91% | AGM | |
| 6/1/25 | $535,000 | 4.00% | 2.05% | AGM | |
| 6/1/26 | $560,000 | 3.50% | 2.19% | AGM | |
| 6/1/27 | $575,000 | 2.25% | 2.38% | AGM | |
| 6/1/28 | $590,000 | 2.375% | 2.53% | AGM | |
| 6/1/29 | $605,000 | 2.50% | 2.67% | AGM | |
| 6/1/30 | $620,000 | 3.00% | 2.78% | AGM | |
| 6/1/31 | $640,000 | 3.00% | 2.88% | AGM | |
| 6/1/32 | $655,000 | 3.00% | 3.01% | AGM | |
| 6/1/33 | $675,000 | 3.00% | 3.038% | AGM | |
| 6/1/34 | $695,000 | 3.00% | 3.074% | AGM | |
| 6/1/36 | $1,460,000 | 3.00% | 3.103% | AGM |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Fort Worth, TX.
Other bidders were:
Raymond James, TIC 2.8277%
Robert W. Baird, TIC 2.8565%
Hutchinson Shockey, TIC 2.8655%
SAMCO Cap Mkts, TIC 2.8964%
