INDIANA
Warsaw (City)
Dec 15, 2016 . . . . . . $2,950,000
General Obligation Bonds of 2016 (bank qualified) (book entry).
Dated Dec 28, 2016.
Due Feb 1, 2018 to Aug 1, 2031.
Callable Aug 1, 2026 at par.
Winning bid: J.J.B. Hilliard, at 104.9825, NIC 3.1185%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $150,000 | 2.00% | 1.50% | ||
| 8/1/18 | $155,000 | 2.00% | 1.60% | ||
| 2/1/19 | $85,000 | 2.00% | 1.70% | ||
| 8/1/19 | $85,000 | 2.00% | 1.80% | ||
| 8/1/20 | $170,000 | 2.00% | 2.00% | ||
| 8/1/21 | $175,000 | 2.00% | 2.10% | ||
| 8/1/22 | $180,000 | 3.00% | 2.20% | ||
| 8/1/23 | $185,000 | 3.00% | 2.30% | ||
| 8/1/24 | $190,000 | 4.00% | 2.45% | ||
| 8/1/25 | $200,000 | 4.00% | 2.55% | ||
| 8/1/26 | $205,000 | 4.00% | 2.70% | ||
| 8/1/27 | $215,000 | 4.00% | 2.80% | ||
| 8/1/28 | $225,000 | 4.00% | 2.90% | ||
| 8/1/31 | $730,000 | 4.00% | 3.00% |
Other managers: Ross, Sinclaire & Associates, Inc..
L.O.: Faegre Baker Daniels LLP, South Bend, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
City Securities, NIC 3.1311%
BOK Fin Secs, NIC 3.133%
Northland Securities, NIC 3.4793%
MINNESOTA
Newport (City)
Dec 15, 2016 . . . . . . $595,000
General Obligation Utility Revenue Bonds, Series 2016B (bank qualified) (book entry).
Dated Dec 29, 2016.
Due Feb 1, 2019 to 2033.
Callable Feb 1, 2026 at par.
Winning bid: United Banker's Bk, at n/a, TIC 2.8787%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/21 | $105,000 | 1.75% | 1.75% | ||
| 2/1/25 | $145,000 | 2.30% | 2.30% | ||
| 2/1/29 | $160,000 | 2.70% | 2.70% | ||
| 2/1/33 | $185,000 | 3.00% | 3.00% |
L.O.: Briggs & Morgan, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Newport (City)
Dec 15, 2016 . . . . . . $1,360,000
General Obligation Improvement Bonds, Series 2016A (bank qualified) (book entry).
Dated Dec 29, 2016.
Due Feb 1, 2018 to 2032.
Callable Feb 1, 2026 at par.
Winning bid: United Banker's Bk, at n/a, TIC 2.697%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/20 | $275,000 | 1.60% | 1.60% | ||
| 2/1/22 | $190,000 | 1.95% | 1.95% | ||
| 2/1/24 | $190,000 | 2.20% | 2.20% | ||
| 2/1/26 | $195,000 | 2.40% | 2.40% | ||
| 2/1/28 | $175,000 | 2.60% | 2.60% | ||
| 2/1/30 | $160,000 | 2.80% | 2.80% | ||
| 2/1/32 | $175,000 | 3.00% | 3.00% |
L.O.: Briggs & Morgan, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Robert W. Baird, TIC 2.8403%
Northland Securities, TIC 3.0673%
Bernardi Securities, TIC 3.7114%
