TEXAS
North Texas Municipal Water District
Oct 27, 2016 . . . . . . $330,560,000
Water System Revenue Refunding and Improvement Bonds, Series 2016 (book entry).
Dated Oct 15, 2016.
Due Sep 1, 2017 to 2046.
Callable Sep 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 115.0836, TIC 3.2771%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $7,185,000 | 5.00% | 0.85% | ||
| 9/1/18 | $3,925,000 | 5.00% | 0.99% | ||
| 9/1/19 | $6,605,000 | 5.00% | 1.06% | ||
| 9/1/20 | $6,935,000 | 5.00% | 1.24% | ||
| 9/1/21 | $7,275,000 | 5.00% | 1.34% | ||
| 9/1/22 | $7,645,000 | 5.00% | 1.45% | ||
| 9/1/23 | $8,025,000 | 5.00% | 1.59% | ||
| 9/1/24 | $8,425,000 | 5.00% | 1.77% | ||
| 9/1/25 | $8,850,000 | 5.00% | 1.90% | ||
| 9/1/26 | $9,290,000 | 5.00% | 2.01% | ||
| 9/1/27 | $9,760,000 | 5.00% | 2.12% | ||
| 9/1/28 | $10,245,000 | 4.00% | 2.21% | ||
| 9/1/29 | $10,765,000 | 5.00% | 2.30% | ||
| 9/1/30 | $11,310,000 | 5.00% | 2.38% | ||
| 9/1/31 | $11,870,000 | 5.00% | 2.45% | ||
| 9/1/32 | $12,460,000 | 5.00% | 2.52% | ||
| 9/1/33 | $13,085,000 | 5.00% | 2.58% | ||
| 9/1/34 | $13,745,000 | 5.00% | 2.66% | ||
| 9/1/35 | $14,440,000 | 5.00% | 2.70% | ||
| 9/1/36 | $15,180,000 | 5.00% | 2.73% | ||
| 9/1/37 | $15,960,000 | 5.00% | 2.76% | ||
| 9/1/41 | $50,925,000 | 4.00% | 3.10% | ||
| 9/1/46 | $66,655,000 | 4.00% | 3.15% |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: FirstSouthwest, Fort Worth, TX; and FirstSouthwest, a Division of Hilltop Securities Inc., Fort Worth, TX.
Other bidders were:
Morgan Stanley, TIC 3.2863%
Citigroup, TIC 3.3069%
JPMorgan, TIC 3.3102%
Wells Fargo Secs, TIC 3.3247%
Barclays Capital, TIC 3.355%
WISCONSIN
Cedarburg School District
Oct 27, 2016 . . . . . . $1,800,000
Tax and Revenue Anticipation Promissory Note (bank qualified) (book entry).
Dated Nov 10, 2016.
Due Mar 30, 2017.
Purchased $1,800,000.00 by Robert W. Baird, at 1.25%, plus $1,000.26, effective rate 1.1034%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Municipal Official(s).
