ARKANSAS
Mena School District No. 23 of Polk County
Dec 7, 2016 . . . . . . $13,725,000
Refunding and Construction Bonds (Arkansas State School District Credit Enhancement Program) (book entry).
Dated Jan 1, 2017.
Due Feb 1, 2018 to 2046.
Callable Feb 1, 2022 at par.
Winning bid: Raymond James, at 98.4874, TIC 3.9959%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $15,000 | 2.00% | 1.27% | ||
| 2/1/19 | $60,000 | 2.00% | 1.61% | ||
| 2/1/20 | $65,000 | 2.00% | 1.82% | ||
| 2/1/21 | $65,000 | 3.00% | 2.09% | ||
| 2/1/22 | $70,000 | 3.00% | 2.28% | ||
| 2/1/23 | $70,000 | 3.00% | 2.39% | ||
| 2/1/24 | $70,000 | 3.00% | 2.57% | ||
| 2/1/25 | $100,000 | 3.00% | 2.70% | ||
| 2/1/26 | $125,000 | 3.00% | 2.86% | ||
| 2/1/27 | $280,000 | 3.00% | 3.00% | ||
| 2/1/28 | $290,000 | 3.00% | 3.10% | ||
| 2/1/29 | $360,000 | 3.25% | 3.25% | ||
| 2/1/30 | $370,000 | 3.25% | 3.40% | ||
| 2/1/31 | $380,000 | 3.50% | 3.50% | ||
| 2/1/32 | $390,000 | 3.625% | 3.625% | ||
| 2/1/34 | $825,000 | 3.75% | 3.75% | ||
| 2/1/36 | $890,000 | 3.875% | 3.875% | ||
| 2/1/39 | $1,860,000 | 4.00% | 4.00% | ||
| 2/1/42 | $2,925,000 | 4.00% | 4.00% | ||
| 2/1/46 | $4,515,000 | 4.00% | 4.00% |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Jefferies LLC, Duncan-Williams, Inc., Ramirez & Co., Inc., Avondale Partners, LLC, Intercoastal Capital Markets, Inc..
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: First Security Beardsley Public Finance, Little Rock, AR.
Other bidders were:
Robert W. Baird, TIC 4.0181%
CONNECTICUT
Branford (Town)
Dec 7, 2016 . . . . . . $5,305,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Dec 22, 2016.
Due Sep 21, 2017.
Purchased $5,305,000.00 by TD Securities, at 2.5%, plus $54,747.60, effective rate 1.118%.
L.O.: Joseph Fasi LLC, Hartford, CT.
F.A.: Independent Bond & Investment Consultants (IBIC), Madison, CT.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.188%
Oppenheimer, Effective Rate 1.3914%
INDIANA
Union Township School Corporation
Dec 7, 2016 . . . . . . $3,000,000
Temporary Loan Warrants (bank qualified).
Dated Jan 6, 2017.
Due Dec 29, 2017.
Purchased $3,000,000.00 by City Securities, at 2.0%, plus $5,970.00, effective rate 1.796%.
L.O.: TWPeterson Law Office LLP, Indianapolis, IN.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.822%
Centier Bank, Effective Rate 1.84%
Washington Community Schools, Inc.
Dec 7, 2016 . . . . . . $1,520,000
General Obligation Bonds, of 2016 (bank qualified) (book entry).
Dated Dec 22, 2016.
Due Jul 15, 2017 to Jan 15, 2023.
Non-callable.
Winning bid: First Financial Bk, at n/a, NIC 2.3477%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $50,000 | 2.31% | NRO | ||
| 1/15/18 | $50,000 | 2.31% | NRO | ||
| 7/15/18 | $50,000 | 2.31% | NRO | ||
| 1/15/19 | $50,000 | 2.31% | NRO | ||
| 7/15/19 | $65,000 | 2.31% | NRO | ||
| 1/15/20 | $70,000 | 2.31% | NRO | ||
| 7/15/20 | $105,000 | 2.31% | NRO | ||
| 1/15/21 | $105,000 | 2.31% | NRO | ||
| 7/15/21 | $240,000 | 2.31% | NRO | ||
| 1/15/22 | $245,000 | 2.31% | NRO | ||
| 7/15/22 | $245,000 | 2.31% | NRO | ||
| 1/15/23 | $245,000 | 2.31% | NRO |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: H.J. Umbaugh & Associates, Indianapolis, IN.
Other bidders were:
J.J.B. Hilliard, NIC 2.3646%
Regions Bank, NIC 2.44%
City Securities, NIC 2.5356%
Bankers' Bank, NIC 2.5469%
Ross Sinclaire, NIC 2.9167%
KANSAS
Kansas Development Finance Authority
Dec 7, 2016 . . . . . . $9,245,000
Revenue Bonds Series 2016J (Wichita State University Projects) (book entry).
Dated Dec 21, 2016.
Due Jun 1, 2017 to 2036.
Callable Jun 1, 2024 at par.
Winning bid: Citigroup, at 105.1502, TIC 3.1857%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $145,000 | 2.00% | 1.00% | ||
| 6/1/18 | $260,000 | 2.00% | 1.30% | ||
| 6/1/19 | $265,000 | 5.00% | 1.55% | ||
| 6/1/20 | $275,000 | 5.00% | 1.78% | ||
| 6/1/21 | $290,000 | 2.50% | 2.02% | ||
| 6/1/22 | $605,000 | 5.00% | 2.15% | ||
| 6/1/23 | $1,165,000 | 5.00% | 2.30% | ||
| 6/1/24 | $1,230,000 | 5.00% | 2.45% | ||
| 6/1/25 | $345,000 | 4.00% | 2.55% | ||
| 6/1/26 | $360,000 | 4.00% | 2.65% | ||
| 6/1/27 | $375,000 | 3.00% | 2.85% | ||
| 6/1/28 | $385,000 | 3.00% | 3.00% | ||
| 6/1/29 | $395,000 | 3.00% | 3.15% | ||
| 6/1/30 | $405,000 | 3.125% | 3.30% | ||
| 6/1/31 | $420,000 | 3.25% | 3.427% | ||
| 6/1/32 | $435,000 | 3.375% | 3.523% | ||
| 6/1/33 | $450,000 | 3.50% | 3.63% | ||
| 6/1/34 | $465,000 | 3.50% | 3.656% | ||
| 6/1/35 | $480,000 | 3.625% | 3.72% | ||
| 6/1/36 | $495,000 | 3.625% | 3.771% |
In association with: Siebert Cisneros Shank & Co., L.L.C..
In association with: Wiley Bros.-Aintree Capital LLC, Drexel Hamilton, LLC., Roosevelt & Cross, Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities, Stern Brothers & Co..
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Columbia Capital Management, LLC, Overland Park, KS.
Other bidders were:
Robert W. Baird, TIC 3.2685%
Wells Fargo Secs, TIC 3.3133%
Hutchinson Shockey, TIC 3.3163%
BA Merrill Lynch, TIC 3.3329%
Jefferies, TIC 3.459%
Dougherty, TIC 3.5035%
KENTUCKY
Mayfield Independent School District Finance Corporation
Dec 6, 2016 . . . . . . $1,155,000
School Building Revenue Bonds, Second Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Dec 28, 2016.
Due Dec 1, 2017 to 2036.
Callable Dec 1, 2026 at par.
Winning bid: Ross Sinclaire, at 98.1532, TIC 3.5534%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/18 | $100,000 | 1.50% | 1.50% | ||
| 12/1/20 | $100,000 | 2.00% | 2.00% | ||
| 12/1/23 | $145,000 | 2.50% | 2.50% | ||
| 12/1/26 | $155,000 | 3.00% | 2.80% | ||
| 12/1/30 | $235,000 | 3.20% | 3.20% | ||
| 12/1/36 | $420,000 | 3.75% | 3.85% |
Other managers: Duncan-Williams, Inc., Robert W. Baird & Co., Inc., Vining-Sparks IBG, Limited Partnership.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
SunTrust Robinson, TIC 3.6803%
Raymond James, TIC 3.698%
Northland Securities, TIC 3.9269%
MASSACHUSETTS
Andover (Town)
Dec 7, 2016 . . . . . . $1,884,000
General Obligation Bond Anticipation Notes (new and renewal) (bank qualified).
Dated Dec 16, 2016.
Due Jun 15, 2017.
Purchased $1,884,000.00 by Eastern Bk Cap Mkts, at 2.0%, plus $8,261.07, effective rate 1.099%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Century Bk, Effective Rate 1.1%
Lowell (City)
Dec 7, 2016 . . . . . . $5,505,000
General Obligation State Qualified Refunding Bonds (book entry).
Dated Dec 20, 2016.
Due Sep 1, 2017 to 2027.
Non-callable.
Winning bid: Janney Montgomery, at 108.4447, TIC 2.2049%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $220,000 | 3.00% | 0.94% | ||
| 9/1/18 | $800,000 | 4.00% | 1.20% | ||
| 9/1/19 | $790,000 | 4.00% | 1.47% | ||
| 9/1/20 | $660,000 | 4.00% | 1.66% | ||
| 9/1/21 | $660,000 | 4.00% | 1.96% | ||
| 9/1/22 | $435,000 | 4.00% | 2.09% | ||
| 9/1/23 | $410,000 | 4.00% | 2.24% | ||
| 9/1/24 | $410,000 | 4.00% | 2.30% | ||
| 9/1/25 | $410,000 | 4.00% | 2.42% | ||
| 9/1/26 | $405,000 | 4.00% | 2.51% | ||
| 9/1/27 | $305,000 | 4.00% | 2.69% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Robert W. Baird, TIC 2.293%
Fidelity Capital, TIC 2.2986%
Hutchinson Shockey, TIC 2.333%
Roosevelt & Cross, TIC 2.3671%
Weymouth (Town)
Dec 7, 2016 . . . . . . $1,750,000
General Obligation Municipal Purpose Loan of 2016 Bonds (bank qualified) (book entry).
Dated Dec 15, 2016.
Due Nov 1, 2017 to 2031.
Callable Nov 1, 2026 at par.
Winning bid: Dougherty, at 103.7015, TIC 2.3697%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/17 | $225,000 | 2.00% | 1.00% | ||
| 11/1/18 | $110,000 | 2.00% | 1.10% | ||
| 11/1/19 | $110,000 | 2.00% | 1.20% | ||
| 11/1/20 | $110,000 | 3.00% | 1.40% | ||
| 11/1/21 | $110,000 | 3.00% | 1.60% | ||
| 11/1/22 | $110,000 | 3.00% | 1.80% | ||
| 11/1/23 | $110,000 | 3.00% | 1.95% | ||
| 11/1/24 | $110,000 | 3.00% | 2.05% | ||
| 11/1/25 | $110,000 | 3.00% | 2.15% | ||
| 11/1/26 | $110,000 | 3.00% | 2.25% | ||
| 11/1/28 | $220,000 | 3.00% | 2.00% | ||
| 11/1/31 | $315,000 | 3.00% | 2.75% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
UBS Financial Svcs, TIC 2.4437%
Robert W. Baird, TIC 2.5345%
SunTrust Robinson, TIC 2.7918%
Hutchinson Shockey, TIC 2.8394%
Raymond James, TIC 2.9966%
MINNESOTA
Chatfield Independent School District No. 227
Dec 7, 2016 . . . . . . $3,785,000
General Obligation School Building Bonds, Series 2016B (MN SD Credit Enhancement Program) (book entry).
Dated Dec 29, 2016.
Due Feb 1, 2025 to 2039.
Callable Feb 1, 2026 at par.
Winning bid: Robert W. Baird, at 99.1227, TIC 3.775%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/25 | $100,000 | 5.00% | 2.70% | ||
| 2/1/26 | $100,000 | 5.00% | 2.85% | ||
| 2/1/27 | $100,000 | 3.00% | 3.00% | ||
| 2/1/28 | $100,000 | 3.00% | 3.10% | ||
| 2/1/29 | $105,000 | 3.125% | 3.20% | ||
| 2/1/30 | $100,000 | 3.25% | 3.30% | ||
| 2/1/31 | $105,000 | 3.375% | 3.40% | ||
| 2/1/32 | $100,000 | 3.375% | 3.50% | ||
| 2/1/33 | $100,000 | 3.50% | 3.60% | ||
| 2/1/34 | $100,000 | 3.625% | 3.65% | ||
| 2/1/35 | $100,000 | 3.625% | 3.70% | ||
| 2/1/39 | $2,675,000 | 3.75% | 3.75% |
Other managers: CL King & Associates, Cronin & Co., Inc., Edward Jones, Fidelity Capital Markets, Ross, Sinclaire & Associates LLC, WNJ Capital, Crews & Associates, Inc., Davenport & Company LLC, Loop Capital Markets, LLC, Oppenheimer & Co., Inc., R. Seelaus & Co., Inc., Vining-Sparks IBG, Limited Partnership, IFS Securities, Bernardi Securities, Inc., Country Club Bank, Sierra Pacific Securities, Alamo Capital, Isaak Bond Investments, Inc., Wayne Hummer & Co., SumRidge Partners, LLC, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, Midland Securities Ltd, FMSbonds, Inc..
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Northland Securities, TIC 3.8489%
Hutchinson Shockey, TIC 3.8751%
Raymond James, TIC 3.9299%
Chisago County
Dec 7, 2016 . . . . . . $9,680,000
General Obligation Jail Bonds, Series 2017A (Minnesota State Credit Enhancement Program) (bank qualified) (book entry).
Dated Jan 5, 2017.
Due Feb 1, 2019 to 2031.
Callable Feb 1, 2025 at par.
Winning bid: FTN Fin Cap Mkts, at 102.6451, TIC 2.5683%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/19 | $255,000 | 2.00% | 1.40% | ||
| 2/1/20 | $265,000 | 2.00% | 1.60% | ||
| 2/1/21 | $280,000 | 2.00% | 1.80% | ||
| 2/1/22 | $285,000 | 2.00% | 1.90% | ||
| 2/1/23 | $295,000 | 2.00% | 2.00% | ||
| 2/1/24 | $305,000 | 2.50% | 2.10% | ||
| 2/1/25 | $315,000 | 2.50% | 2.15% | ||
| 2/1/26 | $510,000 | 2.75% | 2.20% | ||
| 2/1/27 | $1,455,000 | 2.75% | 2.30% | ||
| 2/1/28 | $1,495,000 | 3.00% | 2.35% | ||
| 2/1/29 | $1,525,000 | 3.00% | 2.45% | ||
| 2/1/30 | $1,555,000 | 3.00% | 2.50% | ||
| 2/1/31 | $1,140,000 | 3.00% | 2.60% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Wells Fargo Secs, TIC 2.5863%
Stifel Nicolaus, TIC 2.6347%
Robert W. Baird, TIC 2.645%
Northland Securities, TIC 2.6979%
Piper Jaffray, TIC 2.7476%
Raymond James, TIC 2.825%
PNC Capital Markets, TIC 2.9366%
NEW JERSEY
Bergen County
Dec 7, 2016 . . . . . . $28,180,000
Bond Anticipation Note, Series 2016A (book entry).
Dated Dec 14, 2016.
Due Jun 29, 2017.
Purchased $28,180,000.00 by JPMorgan, at 2.0%, plus $174,434.20, effective rate 0.8572%.
L.O.: Waters, McPherson, McNeill, P.C., Secaucus, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
TD Securities, Effective Rate 0.8646%
Jefferies, Effective Rate 0.9255%
Oppenheimer, Effective Rate 1.3262%
Bergen County
Dec 7, 2016 . . . . . . $163,420,000
Bond Anticipation Note, Series 2016B (book entry).
Dated Dec 14, 2016.
Due Dec 14, 2017.
Purchased $163,420,000.00 by Jefferies, at 2.0%, plus $1,426,656.59, effective rate 1.127%.
L.O.: Waters, McPherson, McNeill, P.C., Secaucus, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
JPMorgan, Effective Rate 1.139%
Citigroup, Effective Rate 1.192%
TD Securities, Effective Rate 1.219%
Brick Township
Dec 7, 2016 . . . . . . $37,269,345
Bond Anticipation Notes (book entry).
Dated Dec 14, 2016.
Due Jul 26, 2017.
Purchased $37,269,350.00 by JPMorgan, at 2.0%, plus $230,324.50, effective rate 0.9978%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
TD Securities, Effective Rate 1.0062%
PNC Capital Markets, Effective Rate 1.0308%
Jefferies, Effective Rate 1.0627%
Oppenheimer, Effective Rate 1.34%
Cresskill Borough
Dec 7, 2016 . . . . . . $3,287,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Dec 14, 2016.
Due Mar 3, 2017.
Purchased $3,287,000.00 by First Constitution, at 0.75%, effective rate 0.75%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.9681%
Glen Ridge Borough
Dec 7, 2016 . . . . . . $254,000
$54,000 Special Emergency Note and $200,000 Pool Utility Refunding Bond Anticipation Notes (bank qualified).
Dated Dec 15, 2016.
Due Dec 15, 2017.
Purchased $254,000.00 by East Brunswick Twp, at 1.469%, effective rate 1.469%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.7732%
Hillsdale Brough
Dec 7, 2016 . . . . . . $1,620,305
General Obligation Bond Anticipation Notes (bank qualified).
Dated Dec 16, 2016.
Due Dec 15, 2017.
Purchased $1,620,310.00 by Passaic Vly Wtr Comm, at 1.18%, effective rate 1.18%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.4926%
TD Securities, Effective Rate 1.5403%
Oppenheimer, Effective Rate 1.7327%
Kearny (Town)
Dec 7, 2016 . . . . . . $220,000
Special Emergency Note.
Dated Dec 15, 2016.
Due Dec 15, 2017.
Purchased $220,000.00 by Provident Bank, at 1.93%, effective rate 1.93%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Lake Como Borough
Dec 7, 2016 . . . . . . $500,000
Bond Anticipation Notes (bank qualified).
Dated Dec 14, 2016.
Due Dec 13, 2017.
Purchased $500,000.00 by East Brunswick Twp, at 1.469%, effective rate 1.469%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Investors Savings Bk, Effective Rate 1.6%
New Jersey
Dec 7, 2016 . . . . . . $300,000,000
General Obligation Bonds (Various Purposes) (book entry).
Dated Dec 21, 2016.
Due Jun 1, 2018 to 2037.
Callable Jun 1, 2027 at par.
Winning bid: BA Merrill Lynch, at 105.7010, TIC 3.758%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $9,315,000 | 5.00% | 1.61% | ||
| 6/1/19 | $9,780,000 | 5.00% | 1.88% | ||
| 6/1/20 | $10,270,000 | 5.00% | 2.08% | ||
| 6/1/21 | $10,780,000 | 5.00% | 2.40% | ||
| 6/1/22 | $11,320,000 | 5.00% | 2.58% | ||
| 6/1/23 | $11,885,000 | 5.00% | 2.75% | ||
| 6/1/24 | $12,480,000 | 5.00% | 2.93% | ||
| 6/1/25 | $13,105,000 | 5.00% | 3.09% | ||
| 6/1/26 | $13,760,000 | 3.00% | 3.123% | ||
| 6/1/27 | $14,175,000 | 5.00% | 3.27% | ||
| 6/1/28 | $14,880,000 | 5.00% | 3.33% | ||
| 6/1/29 | $15,625,000 | 5.00% | 3.43% | ||
| 6/1/30 | $16,410,000 | 3.50% | 3.69% | ||
| 6/1/31 | $16,980,000 | 5.00% | 3.58% | ||
| 6/1/32 | $17,830,000 | 5.00% | 3.65% | ||
| 6/1/33 | $18,720,000 | 4.00% | 4.00% | ||
| 6/1/34 | $19,470,000 | 4.00% | 4.04% | ||
| 6/1/35 | $20,250,000 | 4.00% | 4.078% | ||
| 6/1/36 | $21,060,000 | 4.00% | 4.113% | ||
| 6/1/37 | $21,905,000 | 4.00% | 4.146% |
L.O.: Chiesa Shahinian & Giantomasi PC, West Orange, NJ.
F.A.: Municipal Official(s).
Other bidders were:
RBC Capital Mkts, TIC 3.7762%
Barclays Capital, TIC 3.815%
Jefferies, TIC 3.825%
Citigroup, TIC 3.828%
Morgan Stanley, TIC 3.8653%
JPMorgan, TIC 3.8686%
Wells Fargo Secs, TIC 3.889%
North Caldwell Borough
Dec 7, 2016 . . . . . . $2,236,250
Bond Anticipation Notes (bank qualified).
Dated Dec 15, 2016.
Due Oct 26, 2017.
Purchased $2,236,250.00 by Roosevelt & Cross, at 2.0%, plus $29,189.43, effective rate 1.5109%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.531%
Valley National Bank, Effective Rate 1.55%
Oppenheimer, Effective Rate 1.71%
Nutley Township
Dec 7, 2016 . . . . . . $9,188,000
Bond Anticipation Notes (bank qualified).
Dated Dec 21, 2016.
Due Dec 21, 2017.
Purchased $9,188,000.00 by TD Securities, at 2.25%, plus $97,668.44, effective rate 1.187%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 1.22%
Jefferies, Effective Rate 1.317%
Oppenheimer, Effective Rate 1.534%
Ocean Gate Borough
Dec 7, 2016 . . . . . . $2,340,520
Bond Anticipation Notes (bank qualified).
Dated Dec 16, 2016.
Due Dec 15, 2017.
Purchased $2,340,520.00 by Oppenheimer, at 2.0%, plus $3,855.00, effective rate 1.8335%.
L.O.: GluckWalrath, LLP, Trenton, NJ.
F.A.: Municipal Official(s).
Roseland Borough
Dec 7, 2016 . . . . . . $630,450
Bond Anticipation Notes, Series 2016B (bank qualified).
Dated Dec 15, 2016.
Due May 10, 2017.
Purchased $630,450.00 by East Brunswick Twp, at 1.469%, effective rate 1.469%.
L.O.: Capehart & Scatchard, P.A, Trenton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.8078%
Oppenheimer, Effective Rate 2.8882%
Sea Bright Borough
Dec 6, 2016 . . . . . . $3,139,750
Bond Anticipation Note (bank qualified).
Dated Dec 13, 2016.
Due Dec 12, 2017.
Purchased $3,139,750.00 by Valley National Bank, at 1.47%, effective rate 1.47%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Seaside Heights Borough
Dec 7, 2016 . . . . . . $820,000
Special Emergency Notes, Series 2016A.
Dated Dec 16, 2016.
Due Dec 15, 2017.
Purchased $820,000.00 by Passaic Vly Wtr Comm, at 1.3578%, effective rate 1.3578%.
L.O.: Gluck Walrath, LLP, Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.5529%
East Brunswick Twp, Effective Rate 1.64%
Oppenheimer, Effective Rate 2.1806%
Shrewsbury Borough
Dec 7, 2016 . . . . . . $2,820,250
Bond Anticipation Notes, Series 2016A (bank qualified).
Dated Dec 16, 2016.
Due Dec 15, 2017.
Purchased $2,820,250.00 by First Constitution, at 1.19%, effective rate 1.19%.
L.O.: Gluck Walrath, LLP, Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 1.659%
South Bound Brook Borough
Dec 7, 2016 . . . . . . $590,000
Bond Anticipation Notes (bank qualified).
Dated Dec 16, 2016.
Due Dec 15, 2017.
Purchased $590,000.00 by East Brunswick Twp, at 1.469%, effective rate 1.469%.
L.O.: GluckWalrath, LLP, Trenton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.588%
Oppenheimer, Effective Rate 2.4808%
The Board of Education of Willingboro Township
Dec 7, 2016 . . . . . . $1,200,000
Grant Anticipation Notes (bank qualified).
Dated Dec 21, 2016.
Due Dec 21, 2017.
Purchased $1,200,000.00 by Passaic Vly Wtr Comm, at 1.18%, effective rate 1.18%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.5273%
Oppenheimer, Effective Rate 2.1787%
Winslow Township
Dec 7, 2016 . . . . . . $2,945,000
Bond Anticipation Notes of 2016, Series A consisting of $2,536,415 General Capital Improvement Notes and $408,585 Water/Sewer Notes (bank qualified).
Dated Dec 28, 2016.
Due Dec 27, 2017.
Purchased $2,945,000.00 by Jefferies, at 2.5%, plus $28,656.00, effective rate 1.524%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
TD Securities, Effective Rate 1.56%
Oppenheimer, Effective Rate 1.6061%
NEW YORK
Elmira Heights Central School District
Dec 7, 2016 . . . . . . $2,600,000
Bond Anticipation Notes, 2016 (New Issue) (bank qualified).
Dated Dec 21, 2016.
Due Jun 19, 2017.
Purchased $2,600,000.00 by Jefferies, at 2.0%, plus $7,620.00, effective rate 1.4073%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.41%
Oppenheimer, Effective Rate 1.7309%
Hempstead (Town)
Dec 7, 2016 . . . . . . $24,803,403
Bond Anticipation Notes, 2016.
Dated Dec 15, 2016.
Due Apr 14, 2017.
Purchased $24,803,400.00 by Jefferies, at 1.5%, plus $31,999.00, effective rate 1.1097%.
L.O.: Winston & Strawn, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Flushing Comm Bk, Effective Rate 1.25%
TD Securities, Effective Rate 1.3213%
Oppenheimer, Effective Rate 1.8731%
New York City
Dec 6, 2016 . . . . . . $149,915,000
Taxable General Obligation Bonds, Fiscal 2017 Subseries B-2 (book entry).
Dated Dec 20, 2016.
Due Dec 1, 2019 to 2026.
Non-callable.
Winning bid: JPMorgan, at 99.5485, TIC 2.9145%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/19 | $17,685,000 | 2.00% | 1.70% | ||
| 12/1/20 | $20,800,000 | 2.15% | 1.90% | ||
| 12/1/21 | $21,310,000 | 2.40% | 2.35% | ||
| 12/1/22 | $1,160,000 | 2.60% | 2.60% | ||
| 12/1/23 | $19,000,000 | 2.85% | 2.85% | ||
| 12/1/24 | $19,805,000 | 2.90% | 3.00% | ||
| 12/1/25 | $24,660,000 | 3.10% | 3.15% | ||
| 12/1/26 | $25,495,000 | 3.20% | 3.27% |
In association with: Estrada Hinojosa & Company, Inc..,
In association with: Academy Securities Inc.SL Hare Capital.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Public Financial Management, Inc., New York, NY; Public Financial Management, Inc., Charlotte, NC; and Public Resources Advisory Group, New York, NY.
Other bidders were:
BA Merrill Lynch, TIC 2.9219%
Morgan Stanley, TIC 2.9313%
Goldman Sachs, TIC 2.9393%
Jefferies, TIC 2.9616%
Citigroup, TIC 2.981%
Wells Fargo Secs, TIC 3.0%
RBC Capital Mkts, TIC 3.0162%
Barclays Capital, TIC 3.1742%
Penfield (Town)
Dec 7, 2016 . . . . . . $2,075,000
Public Improvement (Serial) Bonds, 2016 (bank qualified) (book entry).
Dated Dec 28, 2016.
Due Dec 15, 2017 to 2035.
Callable Dec 15, 2024 at par.
Winning bid: Robert W. Baird, at 100.0000, NIC 3.0689%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/17 | $85,000 | 3.00% | 1.21% | ||
| 12/15/18 | $85,000 | 3.00% | 1.40% | ||
| 12/15/19 | $90,000 | 3.00% | 1.55% | ||
| 12/15/20 | $90,000 | 3.00% | 1.70% | ||
| 12/15/21 | $95,000 | 3.00% | 1.85% | ||
| 12/15/22 | $95,000 | 3.00% | 2.00% | ||
| 12/15/23 | $100,000 | 3.00% | 2.15% | ||
| 12/15/24 | $100,000 | 3.00% | 2.30% | ||
| 12/15/25 | $105,000 | 3.00% | 2.40% | ||
| 12/15/26 | $110,000 | 3.00% | 2.50% | ||
| 12/15/27 | $110,000 | 3.00% | 2.60% | ||
| 12/15/28 | $115,000 | 3.00% | 2.70% | ||
| 12/15/29 | $115,000 | 3.00% | 2.80% | ||
| 12/15/30 | $120,000 | 3.00% | 2.90% | ||
| 12/15/31 | $125,000 | 3.00% | 3.00% | ||
| 12/15/32 | $130,000 | 3.00% | 3.10% | ||
| 12/15/33 | $130,000 | 3.125% | 3.20% | ||
| 12/15/34 | $135,000 | 3.25% | 3.30% | ||
| 12/15/35 | $140,000 | 3.25% | 3.40% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, WNJ Capital, Eastern Bank Capital Markets, SumRidge Partners, LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, Duncan-Williams, Inc., Sierra Pacific Securities, Alamo Capital, Bernardi Securities, Inc., Davenport & Company LLC, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, IFS Securities, Dougherty & Company LLC, FMSbonds, Inc..
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.0724%
Raymond James, NIC 3.5116%
Northland Securities, NIC 3.5695%
Poughkeepsie (Town)
Dec 7, 2016 . . . . . . $3,000,000
Bond Anticipation Notes, 2016 Series B (bank qualified).
Dated Dec 21, 2016.
Due Mar 10, 2017.
Purchased $3,000,000.00 by KeyBank NY, at 0.98%, effective rate 0.98%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.3%
Signature Bank, Effective Rate 2.1%
Oppenheimer, Effective Rate 2.2234%
Wappingers Central School District
Dec 7, 2016 . . . . . . $43,321,860
Bond Anticipation Notes, 2016 (Renewals) Series C.
Dated Dec 14, 2016.
Due Jul 8, 2017.
Purchased $20,000,000.00 by Jefferies, at 2.0%, plus $102,802.00, effective rate 1.0929%.
Purchased $23,321,860.00 by TD Securities, at 2.0%, plus $119,160.10, effective rate 1.0983%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
TD Securities, Effective Rate 1.0983%
Jefferies, Effective Rate 1.1582%
JPMorgan, Effective Rate 1.3%
Oppenheimer, Effective Rate 1.3568%
Oppenheimer, Effective Rate 1.4356%
Oppenheimer, Effective Rate 1.5141%
OKLAHOMA
Creek County Independent School District No. 20 (Oilton)
Dec 6, 2016 . . . . . . $300,000
Building Bonds of 2017 (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Feb 1, 2019 to 2021.
Non-callable.
Winning bid: Legacy Bank, at n/a, NIC 1.9667%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/19 | $100,000 | 1.00% | |||
| 2/1/20 | $100,000 | 1.90% | |||
| 2/1/21 | $100,000 | 2.50% |
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Country Club Bank, NIC 2.4833%
Baker Group, NIC 2.55%
PENNSYLVANIA
Pennsylvania
Dec 7, 2016 . . . . . . $605,170,000
General Obligation Refunding Bonds, Second Refunding Series of 2016 (book entry).
Dated Dec 16, 2016.
Due Jan 15, 2017 to 2029.
Callable Jan 15, 2027 at par.
Winning bid: JPMorgan, at 112.9050, TIC 2.7284%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/15/17 | $12,575,000 | 2.00% | 0.797% | ||
| 1/15/18 | $1,980,000 | 5.00% | 1.25% | ||
| 1/15/19 | $15,475,000 | 5.00% | 1.56% | ||
| 1/15/20 | $44,145,000 | 5.00% | 1.80% | ||
| 1/15/21 | $109,110,000 | 5.00% | 2.10% | ||
| 1/15/22 | $138,990,000 | 5.00% | 2.27% | ||
| 1/15/23 | $62,970,000 | 5.00% | 2.43% | ||
| 1/15/24 | $45,930,000 | 5.00% | 2.61% | ||
| 1/15/25 | $29,375,000 | 5.00% | 2.79% | ||
| 1/15/26 | $405,000 | 5.00% | 2.90% | ||
| 1/15/27 | $53,175,000 | 5.00% | 3.04% | ||
| 1/15/28 | $80,600,000 | 5.00% | 3.11% | ||
| 1/15/29 | $10,440,000 | 5.00% | 3.20% |
In association with: Hilltop Securities Inc. Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: McNees Wallace & Nurick LLC, Harrisburg, PA; Turner Law, P.C.,, Philadelphia, PA; and State Attorney General.
F.A.: Public Financial Management, Inc., Philadelphia, PA; Sustainable Capital Advisors, Washington, DC; and Public Financial Management, Inc., Boston, MA.
Other bidders were:
BA Merrill Lynch, TIC 2.7414%
Citigroup, TIC 2.7518%
Morgan Stanley, TIC 2.7805%
TEXAS
Travis County Municipal Utility District No. 2
Dec 7, 2016 . . . . . . $5,620,000
Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Jan 4, 2017.
Due Sep 1, 2018 to 2036.
Callable Sep 1, 2024 at par.
Winning bid: Raymond James, at 97.7703, NIC 3.6281%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/18 | $100,000 | 2.00% | 1.60% | NPFGC | |
| 9/1/19 | $110,000 | 2.00% | 1.85% | NPFGC | |
| 9/1/20 | $110,000 | 2.25% | 2.10% | NPFGC | |
| 9/1/21 | $110,000 | 2.25% | 2.25% | NPFGC | |
| 9/1/22 | $110,000 | 2.50% | 2.45% | NPFGC | |
| 9/1/23 | $100,000 | 2.50% | 2.55% | NPFGC | |
| 9/1/24 | $105,000 | 3.25% | 2.80% | NPFGC | |
| 9/1/25 | $100,000 | 3.25% | 2.90% | NPFGC | |
| 9/1/28 | $320,000 | 3.375% | 3.20% | NPFGC | |
| 9/1/30 | $360,000 | 3.50% | 3.35% | NPFGC | |
| 9/1/31 | $455,000 | 3.50% | 3.40% | NPFGC | |
| 9/1/32 | $645,000 | 3.50% | 3.50% | NPFGC | |
| 9/1/33 | $675,000 | 3.50% | 3.55% | NPFGC | |
| 9/1/34 | $695,000 | 3.50% | 3.60% | NPFGC | |
| 9/1/35 | $730,000 | 3.50% | 3.65% | NPFGC | |
| 9/1/36 | $895,000 | 3.625% | 3.70% | NPFGC |
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Public Finance Group LLC, Austin, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 3.719%
Robert W. Baird, NIC 3.8466%
Northland Securities, NIC 3.8799%
Hutchinson Shockey, NIC 3.9026%
Stifel Nicolaus, NIC 3.9623%
Hilltop Securities, NIC 4.048%
RBC Capital Mkts, NIC 4.052%
FMSbonds, NIC 4.0692%
WISCONSIN
Marathon City Village
Dec 7, 2016 . . . . . . $2,450,000
General Obligation Corporate Purpose Bonds, Series 2016 (bank qualified) (book entry).
Dated Dec 28, 2016.
Due Mar 1, 2017 to 2030.
Callable Mar 1, 2025 at par.
Winning bid: Bernardi Securities, at 102.0078, TIC 2.6895%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $95,000 | 3.00% | 1.10% | ||
| 3/1/18 | $65,000 | 3.00% | 1.35% | ||
| 3/1/19 | $160,000 | 3.00% | 1.75% | ||
| 3/1/20 | $175,000 | 3.00% | 1.85% | ||
| 3/1/21 | $175,000 | 3.00% | 2.00% | ||
| 3/1/22 | $180,000 | 3.00% | 2.15% | ||
| 3/1/23 | $190,000 | 3.00% | 2.25% | ||
| 3/1/24 | $190,000 | 3.00% | 2.35% | ||
| 3/1/25 | $200,000 | 3.00% | 2.45% | ||
| 3/1/26 | $205,000 | 3.00% | 2.55% | ||
| 3/1/27 | $210,000 | 3.00% | 2.65% | ||
| 3/1/28 | $220,000 | 3.00% | 2.75% | ||
| 3/1/29 | $225,000 | 3.00% | 2.85% | ||
| 3/1/30 | $160,000 | 3.00% | 3.00% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Bankers' Bank, TIC 2.9744%
Northland Securities, TIC 3.0821%
BOK Fin Secs, TIC 3.0837%
Robert W. Baird, TIC 3.2549%
TAXABLE ISSUES
NEW JERSEY
Bergen County
Dec 7, 2016 . . . . . . $8,400,000
Taxable Bond Anticipation Note, Series 2016C (book entry).
Dated Dec 14, 2016.
Due Dec 14, 2017.
Purchased $8,400,000.00 by Oppenheimer, at 1.75%, plus $12,096.00, effective rate 1.606%.
L.O.: Waters, McPherson, McNeill, P.C., Secaucus, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Kearny (Town)
Dec 7, 2016 . . . . . . $1,740,000
Special Emergency Note (Federally Taxable).
Dated Dec 15, 2016.
Due Dec 15, 2017.
Purchased $1,740,000.00 by Provident Bank, at 2.97%, effective rate 2.97%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 3.25%
NEW YORK
New York City
Dec 6, 2016 . . . . . . $50,085,000
Taxable General Obligation Bonds, Fiscal 2017 Subseries B-3 (book entry).
Dated Dec 20, 2016.
Due Dec 1, 2027 to 2028.
Callable Dec 1, 2026 at par.
Winning bid: JPMorgan, at 99.7025, TIC 3.5312%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/27 | $26,365,000 | 3.45% | 3.36% | ||
| 12/1/28 | $23,720,000 | 3.55% | 3.48% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc., SL Hare Capital.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Public Financial Management, Inc., New York, NY; Public Financial Management, Inc., Charlotte, NC; and Public Resources Advisory Group, New York, NY.
Other bidders were:
BA Merrill Lynch, TIC 3.5475%
FTN Fin Cap Mkts, TIC 3.5511%
RBC Capital Mkts, TIC 3.6022%
Barclays Capital, TIC 3.6199%
Jefferies, TIC 3.6277%
Citigroup, TIC 3.6541%
Morgan Stanley, TIC 3.6689%
Goldman Sachs, TIC 3.6746%
Wells Fargo Secs, TIC 3.687%
