MINNESOTA
Wayzata (City)
Dec 20, 2016 . . . . . . $7,725,000
General Obligation Tax Increment Bonds, Series 2016A (bank qualified) (book entry).
Dated Dec 29, 2016.
Due Feb 1, 2020 to 2041.
Callable Feb 1, 2026 at par.
Winning bid: FTN Fin Cap Mkts, at n/a, TIC 3.0993%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/20 | $265,000 | 2.00% | 1.45% | ||
| 2/1/21 | $270,000 | 2.00% | 1.60% | ||
| 2/1/22 | $275,000 | 2.00% | 1.80% | ||
| 2/1/23 | $280,000 | 2.00% | 1.90% | ||
| 2/1/24 | $290,000 | 2.50% | 2.05% | ||
| 2/1/25 | $295,000 | 2.50% | 2.10% | ||
| 2/1/26 | $300,000 | 2.75% | 2.25% | ||
| 2/1/27 | $310,000 | 2.75% | 2.35% | ||
| 2/1/28 | $320,000 | 3.00% | 2.50% | ||
| 2/1/29 | $330,000 | 2.55% | 2.55% | ||
| 2/1/30 | $335,000 | 2.65% | 2.65% | ||
| 2/1/31 | $345,000 | 2.75% | 2.75% | ||
| 2/1/32 | $355,000 | 2.85% | 2.85% | ||
| 2/1/34 | $740,000 | 3.00% | 2.90% | ||
| 2/1/36 | $785,000 | 3.50% | 3.05% | ||
| 2/1/37 | $415,000 | 3.50% | 3.10% | ||
| 2/1/38 | $430,000 | 3.50% | 3.20% | ||
| 2/1/41 | $1,385,000 | 4.00% | 3.15% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Stifel Nicolaus, TIC 3.1307%
Piper Jaffray, TIC 3.1415%
Northland Securities, TIC 3.1696%
Robert W. Baird, TIC 3.2719%
NEW JERSEY
New Providence Borough Board of Education
Dec 21, 2016 . . . . . . $15,885,000
School Bonds, Series 2017 (book entry).
Dated Jan 11, 2017.
Due Aug 15, 2017 to 2036.
Callable Aug 15, 2027 at par.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.3468%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $500,000 | 3.00% | 1.00% | ||
| 8/15/18 | $525,000 | 3.125% | 1.25% | ||
| 8/15/19 | $550,000 | 3.25% | 1.50% | ||
| 8/15/20 | $575,000 | 3.25% | 1.75% | ||
| 8/15/21 | $625,000 | 3.25% | 2.00% | ||
| 8/15/22 | $650,000 | 3.25% | 2.20% | ||
| 8/15/23 | $675,000 | 3.25% | 2.40% | ||
| 8/15/24 | $760,000 | 3.25% | 2.55% | ||
| 8/15/25 | $800,000 | 3.25% | 2.68% | ||
| 8/15/26 | $825,000 | 3.25% | 2.80% | ||
| 8/15/27 | $850,000 | 3.25% | 2.90% | ||
| 8/15/28 | $875,000 | 3.25% | 3.00% | ||
| 8/15/29 | $900,000 | 3.25% | 3.10% | ||
| 8/15/30 | $925,000 | 3.25% | 3.20% | ||
| 8/15/31 | $975,000 | 3.25% | 3.30% | ||
| 8/15/32 | $975,000 | 3.375% | 3.40% | ||
| 8/15/33 | $975,000 | 3.375% | 3.45% | ||
| 8/15/34 | $975,000 | 3.50% | 3.50% | ||
| 8/15/35 | $975,000 | 3.50% | 3.55% | ||
| 8/15/36 | $975,000 | 3.50% | 3.60% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Ross, Sinclaire & Associates, Inc., Edward Jones, Intercoastal Capital Markets, Inc., R. Seelaus & Co., Inc..
L.O.: Fitzpatrick & Merritt, Bayonne, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Wells Fargo Secs, NIC 3.361%
BA Merrill Lynch, NIC 3.4747%
Robert W. Baird, NIC 3.616%
FTN Fin Cap Mkts, NIC 3.8808%
NEW YORK
Wellsburg Village
Dec 21, 2016 . . . . . . $600,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jan 5, 2017.
Due Jan 4, 2018.
Purchased $600,000.00 by Bank of Greene Co, at 1.83%, effective rate 1.83%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 2.0%
