CALIFORNIA
San Francisco (City and County)
Jan 18, 2017 . . . . . . $173,120,000
Tax-Exempt General Obligation Bonds (Public Health and Safety, 2016), Series 2017A (book entry).
Dated Feb 1, 2017.
Due Jun 15, 2017 to 2036.
Callable Jun 15, 2024 at par.
Winning bid: Raymond James, at 106.3879, TIC 2.9932%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $47,360,000 | 2.00% | 0.74% | ||
| 6/15/18 | $4,310,000 | 5.00% | 0.89% | ||
| 6/15/19 | $4,525,000 | 5.00% | 1.07% | ||
| 6/15/20 | $4,750,000 | 5.00% | 1.25% | ||
| 6/15/21 | $4,990,000 | 5.00% | 1.40% | ||
| 6/15/22 | $5,240,000 | 5.00% | 1.57% | ||
| 6/15/23 | $5,500,000 | 5.00% | 1.71% | ||
| 6/15/24 | $5,775,000 | 5.00% | 1.86% | ||
| 6/15/25 | $6,065,000 | 5.00% | 1.99% | ||
| 6/15/26 | $6,365,000 | 4.00% | 2.11% | ||
| 6/15/27 | $6,620,000 | 4.00% | 2.19% | ||
| 6/15/28 | $6,885,000 | 4.00% | 2.27% | ||
| 6/15/29 | $7,160,000 | 4.00% | 2.37% | ||
| 6/15/30 | $7,445,000 | 3.00% | 3.00% | ||
| 6/15/31 | $7,670,000 | 3.00% | 3.07% | ||
| 6/15/32 | $7,900,000 | 3.00% | 3.14% | ||
| 6/15/33 | $8,140,000 | 4.00% | 3.00% | ||
| 6/15/34 | $8,465,000 | 4.00% | 3.06% | ||
| 6/15/35 | $8,800,000 | 4.00% | 3.11% | ||
| 6/15/36 | $9,155,000 | 4.00% | 3.15% |
Other managers: Jefferies LLC, Fidelity Capital Markets, UBS Financial Services, Inc., Wedbush Securities Inc..
L.O.: Norton Rose Fulbright US LLP, Los Angeles, CA; and Curls Bartling P.C., Oakland, CA.
F.A.: KNN Public Finance, Oakland, CA; and Sperry Capital Inc., Sausalito, CA.
Other bidders were:
BA Merrill Lynch, TIC 3.0004%
Morgan Stanley, TIC 3.0272%
Citigroup, TIC 3.0315%
JPMorgan, TIC 3.0614%
Goldman Sachs, TIC 3.0703%
Wells Fargo Secs, TIC 3.072%
Barclays Capital, TIC 3.0948%
Robert W. Baird, TIC 3.1556%
GEORGIA
Fulton County
Jan 18, 2017 . . . . . . $104,785,000
General Obligation Library Bonds, Series 2017 (book entry).
Dated Jan 31, 2017.
Due Jul 1, 2017 to 2044.
Callable Jul 1, 2027 at par.
Winning bid: Wells Fargo Secs, at 105.2134, TIC 3.5136%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/17 | $285,000 | 5.00% | 0.93% | ||
| 7/1/18 | $355,000 | 5.00% | 0.99% | ||
| 7/1/19 | $420,000 | 5.00% | 1.18% | ||
| 7/1/20 | $535,000 | 5.00% | 1.36% | ||
| 7/1/21 | $655,000 | 5.00% | 1.52% | ||
| 7/1/22 | $785,000 | 5.00% | 1.69% | ||
| 7/1/23 | $915,000 | 5.00% | 1.84% | ||
| 7/1/24 | $1,050,000 | 5.00% | 1.99% | ||
| 7/1/25 | $1,195,000 | 5.00% | 2.10% | ||
| 7/1/26 | $1,360,000 | 5.00% | 2.23% | ||
| 7/1/27 | $1,510,000 | 5.00% | 2.30% | ||
| 7/1/28 | $1,670,000 | 4.00% | 2.35% | ||
| 7/1/29 | $1,840,000 | 4.00% | 2.48% | ||
| 7/1/30 | $2,040,000 | 5.00% | 2.54% | ||
| 7/1/31 | $2,260,000 | 5.00% | 2.61% | ||
| 7/1/32 | $2,480,000 | 3.00% | 3.00% | ||
| 7/1/33 | $2,720,000 | 3.00% | 3.00% | ||
| 7/1/34 | $2,970,000 | 3.00% | 3.00% | ||
| 7/1/35 | $3,235,000 | 3.125% | 3.125% | ||
| 7/1/36 | $3,525,000 | 3.25% | 3.25% | ||
| 7/1/37 | $3,830,000 | 3.25% | 3.25% | ||
| 7/1/38 | $4,150,000 | 3.25% | 3.25% | ||
| 7/1/39 | $4,495,000 | 3.50% | 3.50% | ||
| 7/1/40 | $10,950,000 | 4.00% | 3.31% | ||
| 7/1/41 | $11,500,000 | 4.00% | 3.37% | ||
| 7/1/42 | $12,070,000 | 4.00% | 3.38% | ||
| 7/1/43 | $12,675,000 | 4.00% | 3.39% | ||
| 7/1/44 | $13,310,000 | 4.00% | 3.40% |
L.O.: Hunton & Williams LLP, Atlanta, GA; and Greenberg Traurig, LLP, Atlanta, GA.
F.A.: First Tryon Advisors, Charlotte, NC.
Other bidders were:
Citigroup, TIC 3.5154%
Morgan Stanley, TIC 3.518%
BA Merrill Lynch, TIC 3.5216%
FTN Fin Cap Mkts, TIC 3.5458%
Mesirow Financial, TIC 3.554%
Jefferies, TIC 3.558%
JPMorgan, TIC 3.5754%
KANSAS
Kansas Development Finance Authority
Jan 18, 2017 . . . . . . $67,510,000
Revenue Bonds, Series 2017A (University of Kansas Projects) (book entry).
Dated Jan 31, 2017.
Due May 1, 2017 to 2042.
Callable May 1, 2025 at par.
Winning bid: BA Merrill Lynch, at 104.3729, TIC 3.2998%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $1,520,000 | 5.00% | 1.02% | ||
| 5/1/18 | $2,525,000 | 5.00% | 1.07% | ||
| 5/1/19 | $2,985,000 | 5.00% | 1.27% | ||
| 5/1/20 | $3,130,000 | 5.00% | 1.48% | ||
| 5/1/21 | $2,320,000 | 5.00% | 1.66% | ||
| 5/1/22 | $1,980,000 | 5.00% | 1.83% | ||
| 5/1/23 | $2,080,000 | 5.00% | 1.98% | ||
| 5/1/24 | $2,180,000 | 5.00% | 2.15% | ||
| 5/1/25 | $2,285,000 | 5.00% | 2.27% | ||
| 5/1/26 | $2,410,000 | 5.00% | 2.43% | ||
| 5/1/27 | $2,110,000 | 5.00% | 2.52% | ||
| 5/1/28 | $2,215,000 | 4.00% | 2.69% | ||
| 5/1/29 | $2,300,000 | 3.00% | 3.00% | ||
| 5/1/30 | $2,370,000 | 3.00% | 3.104% | ||
| 5/1/31 | $2,440,000 | 3.00% | 3.175% | ||
| 5/1/32 | $2,515,000 | 3.125% | 3.24% | ||
| 5/1/33 | $2,590,000 | 3.125% | 3.285% | ||
| 5/1/34 | $2,675,000 | 3.25% | 3.355% | ||
| 5/1/35 | $2,760,000 | 3.25% | 3.398% | ||
| 5/1/36 | $2,850,000 | 3.375% | 3.446% | ||
| 5/1/37 | $2,950,000 | 3.375% | 3.479% | ||
| 5/1/38 | $3,045,000 | 3.375% | 3.509% | ||
| 5/1/40 | $6,405,000 | 3.50% | 3.612% | ||
| 5/1/42 | $6,870,000 | 4.00% | 3.43% |
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Columbia Capital Management, LLC, Overland Park, KS.
Other bidders were:
Jefferies, TIC 3.3244%
Robert W. Baird, TIC 3.3365%
RBC Capital Mkts, TIC 3.3961%
Morgan Stanley, TIC 3.4225%
Wells Fargo Secs, TIC 3.425%
Mesirow Financial, TIC 3.4407%
JPMorgan, TIC 3.4579%
Citigroup, TIC 3.4709%
Hutchinson Shockey, TIC 3.5527%
Stifel Nicolaus, TIC 3.6278%
KENTUCKY
University of Kentucky
Jan 18, 2017 . . . . . . $7,540,000
General Receipts Refunding Bonds, 2017 Series B (book entry).
Dated Feb 21, 2017.
Due Apr 1, 2017 to Oct 1, 2024.
Non-callable.
Winning bid: PNC Capital Markets, at 104.7689, TIC 1.7894%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $55,000 | 1.00% | 0.70% | ||
| 10/1/17 | $855,000 | 1.00% | 0.90% | ||
| 10/1/18 | $870,000 | 2.00% | 1.05% | ||
| 10/1/19 | $900,000 | 4.00% | 1.25% | ||
| 10/1/20 | $925,000 | 2.00% | 1.45% | ||
| 10/1/21 | $945,000 | 3.00% | 1.60% | ||
| 10/1/22 | $970,000 | 2.00% | 1.75% | ||
| 10/1/23 | $995,000 | 3.00% | 1.90% | ||
| 10/1/24 | $1,025,000 | 4.00% | 2.05% |
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Citigroup, TIC 1.8%
Morgan Stanley, TIC 1.8373%
JPMorgan, TIC 1.8377%
Janney Montgomery, TIC 1.9258%
Robert W. Baird, TIC 2.0263%
Wells Fargo Secs, TIC 2.051%
University of Kentucky
Jan 18, 2017 . . . . . . $29,265,000
General Receipts Refunding Bonds, 2017 Series A (book entry).
Dated Feb 21, 2017.
Due Apr 1, 2017 to Oct 1, 2022.
Non-callable.
Winning bid: PNC Capital Markets, at 109.0701, TIC 1.5131%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $165,000 | 1.00% | 0.70% | ||
| 10/1/17 | $4,675,000 | 1.00% | 0.90% | ||
| 10/1/18 | $4,770,000 | 3.00% | 1.05% | ||
| 10/1/19 | $4,935,000 | 4.00% | 1.26% | ||
| 10/1/20 | $5,170,000 | 5.00% | 1.46% | ||
| 10/1/21 | $4,655,000 | 5.00% | 1.60% | ||
| 10/1/22 | $4,895,000 | 5.00% | 1.67% |
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Morgan Stanley, TIC 1.5154%
Citigroup, TIC 1.5197%
JPMorgan, TIC 1.5285%
Janney Montgomery, TIC 1.556%
Fifth Third Secs, TIC 1.557%
US Bancorp Invest, TIC 1.5711%
Wells Fargo Secs, TIC 1.6005%
KeyBanc Cap Mkts, TIC 1.6298%
Robert W. Baird, TIC 1.6342%
Hutchinson Shockey, TIC 1.6355%
BA Merrill Lynch, TIC 1.7206%
MAINE
Cumberland (Town)
Jan 18, 2017 . . . . . . $7,300,000
2017 General Obligation Bonds (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Apr 1, 2019 to 2038.
Callable Apr 1, 2027 at par.
Winning bid: FTN Fin Cap Mkts, at 104.2296, TIC 2.6642%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/19 | $365,000 | 3.00% | 1.10% | ||
| 4/1/20 | $365,000 | 3.00% | 1.30% | ||
| 4/1/21 | $365,000 | 2.50% | 1.45% | ||
| 4/1/22 | $365,000 | 2.50% | 1.60% | ||
| 4/1/23 | $365,000 | 2.50% | 1.75% | ||
| 4/1/24 | $365,000 | 2.00% | 1.95% | ||
| 4/1/25 | $365,000 | 3.00% | 2.00% | ||
| 4/1/26 | $365,000 | 3.00% | 2.10% | ||
| 4/1/27 | $365,000 | 3.00% | 2.15% | ||
| 4/1/28 | $365,000 | 3.00% | 2.20% | ||
| 4/1/29 | $365,000 | 3.00% | 2.25% | ||
| 4/1/30 | $365,000 | 3.00% | 2.35% | ||
| 4/1/31 | $365,000 | 3.00% | 2.40% | ||
| 4/1/32 | $365,000 | 3.00% | 2.50% | ||
| 4/1/33 | $365,000 | 3.25% | 2.60% | ||
| 4/1/34 | $365,000 | 3.25% | 2.70% | ||
| 4/1/35 | $365,000 | 3.25% | 2.75% | ||
| 4/1/36 | $365,000 | 3.50% | 2.85% | ||
| 4/1/37 | $365,000 | 3.50% | 2.90% | ||
| 4/1/38 | $365,000 | 3.50% | 3.00% |
L.O.: Jensen Baird Gardner & Henry, Portland, ME.
F.A.: Moors & Cabot, Inc., Boston, MA.
Other bidders were:
Janney Montgomery, TIC 2.6745%
Robert W. Baird, TIC 2.6803%
Piper Jaffray, TIC 2.6962%
Roosevelt & Cross, TIC 2.6989%
SunTrust Robinson, TIC 2.7504%
KeyBanc Cap Mkts, TIC 2.7543%
Wells Fargo Secs, TIC 2.802%
Northland Securities, TIC 2.8118%
Fidelity Capital, TIC 2.8506%
Raymond James, TIC 2.9378%
MASSACHUSETTS
Scituate (Town)
Jan 18, 2017 . . . . . . $12,018,000
General Obligation Bond Anticipation Notes (new and renewal).
Dated Feb 3, 2017.
Due Feb 2, 2018.
Purchased $12,018,000.00 by JPMorgan, at 2.0%, plus $110,205.05, effective rate 1.0804%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
TD Securities, Effective Rate 1.0828%
Eastern Bk Cap Mkts, Effective Rate 1.098%
Eastern Bk Cap Mkts, Effective Rate 1.104%
Jefferies, Effective Rate 1.1085%
MICHIGAN
Ontonagon Area School District
Jan 18, 2017 . . . . . . $330,000
2017 School Bus Bonds (General Obligation - Unlimited Tax) (bank qualified).
Dated Feb 7, 2017.
Due May 1, 2019 to 2023.
Non-callable.
Winning bid: Citizens Bank, at n/a, TIC 1.7082%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $65,000 | 1.30% | 1.30% | ||
| 5/1/20 | $65,000 | 1.40% | 1.40% | ||
| 5/1/21 | $65,000 | 1.60% | 1.60% | ||
| 5/1/22 | $65,000 | 1.80% | 1.80% | ||
| 5/1/23 | $70,000 | 2.00% | 2.00% |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI; and Public Financial Management, Inc., Ann Arbor, MI.
Otsego Public Schools
Jan 18, 2017 . . . . . . $29,295,000
2017 Refunding Bonds (General Obligation-Unlimited Tax) (Michigan School Bond Qualification Loan Program).
Dated Feb 15, 2017.
Due May 1, 2019 to 2034.
Callable May 1, 2027 at par.
Winning bid: Citigroup, at 104.1909, TIC 2.2493%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $445,000 | 3.00% | 1.34% | ||
| 5/1/20 | $515,000 | 3.00% | 1.53% | ||
| 5/1/21 | $6,130,000 | 3.00% | 1.71% | ||
| 5/1/22 | $6,210,000 | 3.00% | 1.90% | ||
| 5/1/23 | $6,000,000 | 3.00% | 2.10% | ||
| 5/1/24 | $9,295,000 | 3.00% | 2.25% | ||
| 5/1/28 | $100,000 | 3.00% | 2.82% | ||
| 5/1/29 | $100,000 | 3.00% | 2.95% | ||
| 5/1/30 | $100,000 | 3.00% | 3.093% | ||
| 5/1/31 | $100,000 | 3.00% | 3.131% | ||
| 5/1/32 | $100,000 | 3.00% | 3.209% | ||
| 5/1/33 | $100,000 | 3.125% | 3.28% | ||
| 5/1/34 | $100,000 | 3.25% | 3.34% |
Other managers: Siebert Cisneros Shank & Co., L.L.C., Wiley Bros.-Aintree Capital LLC, Protective Securities A Division of ProEquities, Drexel Hamilton, LLC., Roosevelt & Cross, Inc., Intercoastal Capital Markets, Inc., Huntington Investment Company.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Umbaugh LLP, Okemos, MI.
Other bidders were:
Robert W. Baird, TIC 2.2843%
CFC Capital, TIC 2.2897%
JPMorgan, TIC 2.3115%
Stifel Nicolaus, TIC 2.3483%
Wells Fargo Secs, TIC 2.363%
BA Merrill Lynch, TIC 2.3749%
Jefferies, TIC 2.4997%
Shepherd Public School District
Jan 17, 2017 . . . . . . $23,620,000
2017 Refunding Bonds, Series A (General Obligation-Unlimited Tax) (Michigan School Bond Qualifition Loan Program).
Dated Feb 15, 2017.
Due May 1, 2019 to 2037.
Callable May 1, 2026 at par.
Winning bid: Stifel Nicolaus, at 103.1854, TIC 2.5052%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $1,000,000 | 3.00% | 1.33% | ||
| 5/1/20 | $1,000,000 | 3.00% | 1.57% | ||
| 5/1/21 | $1,000,000 | 3.00% | 1.71% | ||
| 5/1/22 | $1,000,000 | 3.00% | 1.89% | ||
| 5/1/23 | $12,820,000 | 3.00% | 2.09% | ||
| 5/1/24 | $1,000,000 | 3.00% | 2.23% | ||
| 5/1/25 | $1,000,000 | 3.00% | 2.33% | ||
| 5/1/26 | $1,000,000 | 3.00% | 2.48% | ||
| 5/1/27 | $1,000,000 | 3.00% | 2.58% | ||
| 5/1/28 | $1,000,000 | 3.00% | 2.76% | ||
| 5/1/29 | $1,000,000 | 3.00% | 2.94% | ||
| 5/1/32 | $300,000 | 3.00% | 3.12% | ||
| 5/1/34 | $200,000 | 3.125% | 3.24% | ||
| 5/1/37 | $300,000 | 3.25% | 3.36% |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Umbaugh LLP, Okemos, MI.
Other bidders were:
Robert W. Baird, TIC 2.5206%
JPMorgan, TIC 2.5556%
BA Merrill Lynch, TIC 2.5693%
FTN Fin Cap Mkts, TIC 2.5889%
Wells Fargo Secs, TIC 2.617%
Citigroup, TIC 2.6496%
NEVADA
Carson City School District
Jan 18, 2017 . . . . . . $15,000,000
General Obligation (Limited Tax) School Improvement Bonds, Series 2017A (book entry).
Dated Feb 2, 2017.
Due Jun 1, 2020 to 2037.
Callable Jun 1, 2027 at par.
Winning bid: JPMorgan, at 113.9266, TIC 3.1504%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/20 | $100,000 | 5.00% | 1.44% | ||
| 6/1/21 | $100,000 | 5.00% | 1.61% | ||
| 6/1/22 | $330,000 | 5.00% | 1.78% | ||
| 6/1/23 | $695,000 | 5.00% | 1.94% | ||
| 6/1/24 | $730,000 | 5.00% | 2.10% | ||
| 6/1/25 | $765,000 | 5.00% | 2.21% | ||
| 6/1/26 | $805,000 | 5.00% | 2.35% | ||
| 6/1/27 | $845,000 | 5.00% | 2.42% | ||
| 6/1/28 | $885,000 | 5.00% | 2.49% | ||
| 6/1/29 | $920,000 | 5.00% | 2.58% | ||
| 6/1/30 | $960,000 | 5.00% | 2.64% | ||
| 6/1/31 | $1,000,000 | 5.00% | 2.71% | ||
| 6/1/32 | $1,035,000 | 4.00% | 3.02% | ||
| 6/1/33 | $1,080,000 | 4.00% | 3.08% | ||
| 6/1/34 | $1,120,000 | 4.00% | 3.14% | ||
| 6/1/35 | $1,165,000 | 4.00% | 3.19% | ||
| 6/1/36 | $1,210,000 | 4.00% | 3.23% | ||
| 6/1/37 | $1,255,000 | 4.00% | 3.26% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Sherman & Howard L.L.C., Reno, NV.
F.A.: JNA Consulting Group LLC, Boulder City, NV.
Other bidders were:
BA Merrill Lynch, TIC 3.1833%
Robert W. Baird, TIC 3.2257%
Hutchinson Shockey, TIC 3.2451%
Morgan Stanley, TIC 3.2707%
UBS Financial Svcs, TIC 3.3782%
NEW JERSEY
Allendale Borough
Jan 18, 2017 . . . . . . $1,122,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jan 27, 2017.
Due Jan 26, 2018.
Purchased $1,122,000.00 by Lakeland Bank, at 1.43%, effective rate 1.43%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.5356%
Oppenheimer, Effective Rate 1.6358%
New Jersey Environmental Infrastructure Trust
Jan 17, 2017 . . . . . . $33,525,000
Environmental Infrastructure Refunding Bonds, Series 2017A-R1 (2009A Financing Program) (Green Bonds) (book entry).
Dated Jan 31, 2017.
Due Sep 1, 2019 to 2029.
Callable Sep 1, 2026 at par.
Winning bid: Raymond James, at 111.8844, TIC 2.2077%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/19 | $3,180,000 | 4.00% | 1.22% | ||
| 9/1/20 | $3,295,000 | 4.00% | 1.40% | ||
| 9/1/21 | $3,340,000 | 4.00% | 1.54% | ||
| 9/1/22 | $3,370,000 | 4.00% | 1.69% | ||
| 9/1/23 | $3,485,000 | 4.00% | 1.83% | ||
| 9/1/24 | $3,590,000 | 4.00% | 1.97% | ||
| 9/1/25 | $2,610,000 | 4.00% | 2.10% | ||
| 9/1/26 | $2,640,000 | 4.00% | 2.22% | ||
| 9/1/27 | $2,605,000 | 4.00% | 2.31% | ||
| 9/1/28 | $2,655,000 | 4.00% | 2.40% | ||
| 9/1/29 | $2,755,000 | 4.00% | 2.51% |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Jefferies LLC, Gates Capital Corp..
L.O.: McCarter & English, Newark, NJ.
F.A.: PFM Financial Advisors LLC, Philadelphia, PA.
Other bidders were:
Janney Montgomery, TIC 2.2307%
Wells Fargo Secs, TIC 2.259%
Citigroup, TIC 2.2806%
BA Merrill Lynch, TIC 2.2943%
JPMorgan, TIC 2.2978%
New Jersey Environmental Infrastructure Trust
Jan 17, 2017 . . . . . . $72,830,000
Environmental Infrastructure Refunding Bonds, Series 2017A-R2 (2010A Financing Program) (Green Bonds) (book entry).
Dated Jan 31, 2017.
Due Sep 1, 2019 to 2029.
Callable Sep 1, 2026 at par.
Winning bid: Citigroup, at 112.2840, TIC 2.2342%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/19 | $5,930,000 | 4.00% | 1.20% | ||
| 9/1/20 | $6,180,000 | 4.00% | 1.40% | ||
| 9/1/21 | $6,275,000 | 4.00% | 1.56% | ||
| 9/1/22 | $6,615,000 | 4.00% | 1.74% | ||
| 9/1/23 | $6,745,000 | 4.00% | 1.88% | ||
| 9/1/24 | $6,960,000 | 4.00% | 2.01% | ||
| 9/1/25 | $6,825,000 | 4.00% | 2.12% | ||
| 9/1/26 | $6,830,000 | 4.00% | 2.26% | ||
| 9/1/27 | $6,970,000 | 4.00% | 2.36% | ||
| 9/1/28 | $6,985,000 | 4.00% | 2.41% | ||
| 9/1/29 | $6,515,000 | 4.00% | 2.51% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Drexel Hamilton, LLC., The Williams Capital Group, L.P., Intercoastal Capital Markets, Inc., Loop Capital Markets, LLC, Stifel, Nicolaus & Co., Inc., UBS Financial Services, Inc., Cabrera Capital Markets, LLC, R. Seelaus & Co., Inc., Edward Jones, Bank of New York Mellon Capital Markets, LLC, Siebert Cisneros Shank & Co., L.L.C., Oppenheimer & Co., Inc..
L.O.: McCarter & English, Newark, NJ.
F.A.: PFM Financial Advisors LLC, Philadelphia, PA.
Other bidders were:
Raymond James, TIC 2.2449%
JPMorgan, TIC 2.2479%
Wells Fargo Secs, TIC 2.262%
BA Merrill Lynch, TIC 2.278%
Janney Montgomery, TIC 2.3007%
South Brunswick Township
Jan 18, 2017 . . . . . . $16,382,000
Water-Sewer Utility Bond Anticipation Notes.
Dated Jan 26, 2017.
Due Oct 4, 2017.
Purchased $16,382,000.00 by Jefferies, at 2.0%, plus $105,827.72, effective rate 1.0623%.
L.O.: DeCotiis, FitzPatrick & Cole, LLP, Teaneck, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
TD Securities, Effective Rate 1.0626%
JPMorgan Chase, Effective Rate 1.27%
Oppenheimer, Effective Rate 1.325%
NEW YORK
Alexander (Town)
Jan 18, 2017 . . . . . . $250,000
Public Improvement Serial Bonds, 2017 (bank qualified).
Dated Feb 1, 2017.
Due Feb 1, 2018 to 2025.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 2.6124%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $25,000 | 2.25% | 1.00% | ||
| 2/1/19 | $25,000 | 2.25% | 1.25% | ||
| 2/1/20 | $30,000 | 2.375% | 1.50% | ||
| 2/1/21 | $30,000 | 2.375% | 1.75% | ||
| 2/1/22 | $35,000 | 2.375% | 2.00% | ||
| 2/1/23 | $35,000 | 2.50% | 2.20% | ||
| 2/1/24 | $35,000 | 2.75% | 2.40% | ||
| 2/1/25 | $35,000 | 3.00% | 2.60% |
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Bank of Greene Co, NIC 2.7924%
Sage Rutty, NIC 3.0941%
Binghamton (City)
Jan 18, 2017 . . . . . . $3,123,478
Bond Anticipation Notes-2017 Series A.
Dated Jan 26, 2017.
Due Jan 26, 2018.
Purchased $3,123,480.00 by Jefferies, at 2.0%, plus $16,431.00, effective rate 1.474%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.52%
TD Securities, Effective Rate 1.922%
Oppenheimer, Effective Rate 2.012%
Dundee Village
Jan 18, 2017 . . . . . . $500,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jan 27, 2017.
Due Jan 26, 2018.
Purchased $500,000.00 by Bank of Greene Co, at 1.88%, effective rate 1.88%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.9511%
Five Star Bnk, Effective Rate 2.05%
Harrison Village
Jan 18, 2017 . . . . . . $5,610,000
Public Improvement Refunding (Serial) Bonds, 2017 Series B (book entry).
Dated Feb 8, 2017.
Due Jun 15, 2017 to 2027.
Non-callable.
Winning bid: FTN Fin Cap Mkts, at 114.6546, TIC 1.6895%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/17 | $10,000 | 3.00% | 0.70% | ||
| 6/15/18 | $805,000 | 5.00% | 0.89% | ||
| 6/15/19 | $850,000 | 5.00% | 1.08% | ||
| 6/15/20 | $900,000 | 5.00% | 1.25% | ||
| 6/15/21 | $925,000 | 5.00% | 1.40% | ||
| 6/15/22 | $310,000 | 5.00% | 1.55% | ||
| 6/15/23 | $330,000 | 5.00% | 1.70% | ||
| 6/15/24 | $345,000 | 5.00% | 1.84% | ||
| 6/15/25 | $360,000 | 5.00% | 1.94% | ||
| 6/15/26 | $380,000 | 5.00% | 2.07% | ||
| 6/15/27 | $395,000 | 5.00% | 2.14% |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
Fidelity Capital, TIC 1.6997%
Roosevelt & Cross, TIC 1.711%
Janney Montgomery, TIC 1.758%
JPMorgan, TIC 1.7582%
Robert W. Baird, TIC 1.7753%
Harrison Village
Jan 18, 2017 . . . . . . $9,349,300
Public Improvement (Serial) Bonds, 2017 Series A (book entry).
Dated Jan 26, 2017.
Due Dec 15, 2018 to 2036.
Callable Dec 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 102.1049, TIC 2.7789%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/18 | $399,300 | 3.00% | 0.95% | ||
| 12/15/19 | $405,000 | 3.00% | 1.15% | ||
| 12/15/20 | $410,000 | 3.00% | 1.35% | ||
| 12/15/21 | $420,000 | 3.00% | 1.50% | ||
| 12/15/22 | $430,000 | 3.00% | 1.70% | ||
| 12/15/23 | $440,000 | 3.00% | 1.85% | ||
| 12/15/24 | $450,000 | 3.00% | 2.00% | ||
| 12/15/25 | $460,000 | 3.00% | 2.10% | ||
| 12/15/26 | $470,000 | 3.00% | 2.20% | ||
| 12/15/27 | $480,000 | 3.00% | 2.30% | ||
| 12/15/28 | $495,000 | 3.00% | 2.45% | ||
| 12/15/29 | $505,000 | 3.00% | 2.60% | ||
| 12/15/30 | $520,000 | 3.00% | 2.70% | ||
| 12/15/31 | $535,000 | 3.00% | 2.80% | ||
| 12/15/32 | $550,000 | 3.00% | 2.86% | ||
| 12/15/33 | $570,000 | 3.00% | 2.92% | ||
| 12/15/34 | $585,000 | 3.00% | 3.00% | ||
| 12/15/35 | $605,000 | 3.00% | 3.05% | ||
| 12/15/36 | $620,000 | 3.00% | 3.10% |
Other managers: UBS Financial Services, Inc., Bank of New York Mellon Capital Markets, LLC, Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Edward Jones, Intercoastal Capital Markets, Inc., Oppenheimer & Co., Inc..
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
Fidelity Capital, TIC 2.8248%
Robert W. Baird, TIC 2.8722%
JPMorgan, TIC 3.0327%
Larchmont Village
Jan 18, 2017 . . . . . . $5,908,201
Various Purposes (Serial) Bonds, 2017 (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Sep 1, 2017 to 2031.
Callable Sep 1, 2025 at par.
Winning bid: FTN Fin Cap Mkts, at 100.6351, TIC 2.149%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $323,201 | 2.00% | 0.90% | ||
| 9/1/18 | $345,000 | 2.00% | 1.00% | ||
| 9/1/19 | $350,000 | 2.00% | 1.11% | ||
| 9/1/20 | $355,000 | 2.00% | 1.33% | ||
| 9/1/21 | $365,000 | 2.00% | 1.45% | ||
| 9/1/22 | $370,000 | 2.00% | 1.60% | ||
| 9/1/23 | $380,000 | 2.00% | 1.75% | ||
| 9/1/24 | $390,000 | 2.00% | 1.95% | ||
| 9/1/25 | $400,000 | 2.00% | 2.00% | ||
| 9/1/26 | $410,000 | 2.10% | 2.10% | ||
| 9/1/27 | $420,000 | 2.15% | 2.15% | ||
| 9/1/28 | $430,000 | 2.25% | 2.25% | ||
| 9/1/29 | $445,000 | 2.50% | 2.33% | ||
| 9/1/30 | $455,000 | 2.50% | 2.40% | ||
| 9/1/31 | $470,000 | 2.50% | 2.47% |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
PNC Capital Markets, TIC 2.1621%
Cantor Fitzgerald, TIC 2.2361%
Wells Fargo Secs, TIC 2.282%
Morgan Stanley, TIC 2.2869%
Raymond James, TIC 2.3222%
Janney Montgomery, TIC 2.331%
Robert W. Baird, TIC 2.3359%
Northland Securities, TIC 2.3448%
Roosevelt & Cross, TIC 2.3454%
SunTrust Robinson, TIC 2.4073%
Nassau County
Jan 18, 2017 . . . . . . $45,110,000
General Improvement Bonds, 2017 Series A (book entry).
Dated Jan 26, 2017.
Due Jan 15, 2018 to 2031.
Callable Jan 15, 2027 at par.
Winning bid: Janney Montgomery, at 115.7391, TIC 2.798%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/15/18 | $2,170,000 | 3.00% | 1.00% | ||
| 1/15/19 | $2,245,000 | 4.00% | 1.18% | ||
| 1/15/20 | $2,350,000 | 5.00% | 1.43% | ||
| 1/15/21 | $2,685,000 | 5.00% | 1.63% | ||
| 1/15/22 | $2,815,000 | 5.00% | 1.85% | ||
| 1/15/23 | $2,965,000 | 5.00% | 2.04% | ||
| 1/15/24 | $3,115,000 | 5.00% | 2.30% | ||
| 1/15/25 | $3,275,000 | 5.00% | 2.44% | ||
| 1/15/26 | $3,440,000 | 5.00% | 2.56% | ||
| 1/15/27 | $3,620,000 | 5.00% | 2.64% | ||
| 1/15/28 | $3,805,000 | 5.00% | 2.72% | ||
| 1/15/29 | $4,000,000 | 5.00% | 2.80% | ||
| 1/15/30 | $4,205,000 | 5.00% | 2.88% | ||
| 1/15/31 | $4,420,000 | 5.00% | 2.96% |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: PFM Financial Advisors LLC, New York, NY.
Other bidders were:
BA Merrill Lynch, TIC 2.7999%
JPMorgan, TIC 2.8066%
Morgan Stanley, TIC 2.807%
Citigroup, TIC 2.8417%
FTN Fin Cap Mkts, TIC 2.8453%
Wells Fargo Secs, TIC 2.863%
Washingtonville Central School District
Jan 18, 2017 . . . . . . $825,000
School District (Serial) Bonds, 2017.
Dated Feb 1, 2017.
Due Sep 15, 2017 to 2021.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 1.9326%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/15/17 | $150,000 | 1.00% | 0.80% | ||
| 9/15/18 | $150,000 | 1.75% | 1.10% | ||
| 9/15/19 | $150,000 | 2.00% | 1.40% | ||
| 9/15/20 | $175,000 | 2.00% | 1.60% | ||
| 9/15/21 | $200,000 | 2.00% | 1.80% |
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Sage Rutty, NIC 2.2316%
OHIO
Tallmadge City School District
Jan 18, 2017 . . . . . . $21,688,634
General Obligation Classroom Facilities and School Improvement Notes, Series 2017 (Unlimited Tax Bonds).
Dated Feb 1, 2017.
Due Jun 1, 2017.
Purchased $21,688,634.00 by TD Securities, at 2.0%, plus $48,582.54, effective rate 1.328%.
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: Sudsina & Associates, Aurora, OH.
Other bidders were:
PNC Bank, Effective Rate 1.45%
KeyBanc Cap Mkts, Effective Rate 1.619%
Stifel Nicolaus, Effective Rate 1.657%
RBC Capital Mkts, Effective Rate 1.688%
William Blair, Effective Rate 1.875%
PENNSYLVANIA
Northampton Area School District
Jan 18, 2017 . . . . . . $18,525,000
General Obligation Bonds, Series of 2017 (book entry).
Dated Feb 22, 2017.
Due Aug 15, 2018 to 2025.
Non-callable.
Winning bid: PNC Capital Markets, at n/a, TIC 2.1239%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/18 | $5,000 | 3.00% | 1.15% | ||
| 8/15/19 | $5,000 | 3.00% | 1.35% | ||
| 8/15/20 | $5,000 | 3.00% | 1.55% | ||
| 8/15/21 | $2,620,000 | 4.00% | 1.70% | ||
| 8/15/22 | $3,745,000 | 4.00% | 1.92% | ||
| 8/15/23 | $3,890,000 | 4.00% | 2.06% | ||
| 8/15/24 | $4,055,000 | 4.00% | 2.15% | ||
| 8/15/25 | $4,200,000 | 3.00% | 2.30% |
L.O.: King, Spry, Herman, Freund & Faul, Bethlehem, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
Janney Montgomery, TIC 2.1367%
JPMorgan, TIC 2.1616%
UBS Financial Svcs, TIC 2.1748%
Raymond James, TIC 2.1867%
Robert W. Baird, TIC 2.2089%
Ringgold School District
Jan 18, 2017 . . . . . . $14,130,000
General Obligation Bonds, Series of 2017 (book entry).
Dated Feb 22, 2017.
Due May 15, 2017 to Nov 15, 2035.
Callable May 15, 2025 at par.
Winning bid: Fidelity Capital, at n/a, TIC 3.4825%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/15/17 | $725,000 | 5.00% | 0.68% | BAM | |
| 11/15/17 | $410,000 | 5.00% | 0.75% | BAM | |
| 11/15/18 | $300,000 | 5.00% | 1.08% | BAM | |
| 11/15/19 | $305,000 | 5.00% | 1.37% | BAM | |
| 11/15/20 | $320,000 | 5.00% | 1.60% | BAM | |
| 11/15/21 | $280,000 | 5.00% | 1.75% | BAM | |
| 11/15/22 | $40,000 | 5.00% | 1.95% | BAM | |
| 11/15/23 | $30,000 | 5.00% | 2.14% | BAM | |
| 11/15/24 | $5,000 | 5.00% | 2.29% | BAM | |
| 11/15/25 | $5,000 | 5.00% | 2.43% | BAM | |
| 11/15/26 | $5,000 | 4.00% | 2.55% | BAM | |
| 11/15/27 | $10,000 | 3.50% | 2.65% | BAM | |
| 11/15/28 | $285,000 | 3.00% | 2.80% | BAM | |
| 11/15/29 | $920,000 | 3.00% | 2.93% | BAM | |
| 11/15/30 | $950,000 | 3.00% | 3.05% | BAM | |
| 11/15/31 | $980,000 | 3.125% | 3.16% | BAM | |
| 11/15/32 | $1,005,000 | 3.25% | 3.25% | BAM | |
| 11/15/33 | $1,040,000 | 3.25% | 3.32% | BAM | |
| 11/15/34 | $2,450,000 | 3.375% | 3.43% | BAM | |
| 11/15/35 | $4,065,000 | 3.50% | 3.50% | BAM |
Other managers: Raymond James & Associates, Inc., Morgan Stanley & Co., Inc., Jefferies LLC.
L.O.: Dinsmore & Shohl LLP, Pittsburgh, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
Janney Montgomery, TIC 3.4979%
Robert W. Baird, TIC 3.524%
UBS Financial Svcs, TIC 3.5988%
SOUTH CAROLINA
South Carolina
Jan 18, 2017 . . . . . . $31,345,000
Academic and Administrative Facilities Revenue Bonds, Series 2017B (College of Charleston) (book entry).
Dated Jan 31, 2017.
Due Apr 1, 2018 to 2037.
Callable Apr 1, 2027 at par.
Winning bid: Jefferies, at 107.6779, TIC 3.1372%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $980,000 | 5.00% | 1.02% | ||
| 4/1/19 | $1,030,000 | 5.00% | 1.33% | ||
| 4/1/20 | $1,080,000 | 5.00% | 1.55% | ||
| 4/1/21 | $1,135,000 | 5.00% | 1.72% | ||
| 4/1/22 | $1,195,000 | 5.00% | 1.88% | ||
| 4/1/23 | $1,250,000 | 5.00% | 2.05% | ||
| 4/1/24 | $1,315,000 | 5.00% | 2.20% | ||
| 4/1/25 | $1,385,000 | 5.00% | 2.33% | ||
| 4/1/26 | $1,450,000 | 5.00% | 2.47% | ||
| 4/1/27 | $1,520,000 | 5.00% | 2.58% | ||
| 4/1/28 | $1,595,000 | 5.00% | 2.65% | ||
| 4/1/29 | $1,675,000 | 5.00% | 2.73% | ||
| 4/1/30 | $1,760,000 | 3.00% | 3.08% | ||
| 4/1/31 | $1,815,000 | 3.00% | 3.121% | ||
| 4/1/32 | $1,865,000 | 3.125% | 3.209% | ||
| 4/1/33 | $1,925,000 | 3.125% | 3.235% | ||
| 4/1/34 | $1,985,000 | 3.25% | 3.356% | ||
| 4/1/35 | $2,055,000 | 3.375% | 3.449% | ||
| 4/1/37 | $4,330,000 | 4.00% | 3.48% |
Other managers: Raymond James & Associates, Inc., Morgan Stanley & Co., Inc., Fidelity Capital Markets, Ramirez & Co., Inc..
L.O.: McNair Law Firm, Charleston, SC.
F.A.: Piedmont Securities LLC, Davidson, NC.
Other bidders were:
SunTrust Robinson, TIC 3.1388%
Wells Fargo Secs, TIC 3.141%
BA Merrill Lynch, TIC 3.1544%
Citigroup, TIC 3.1572%
Piper Jaffray, TIC 3.1744%
Robert W. Baird, TIC 3.1928%
JPMorgan, TIC 3.2122%
Mesirow Financial, TIC 3.2377%
South Carolina
Jan 18, 2017 . . . . . . $42,705,000
Higher Education Facilities Revenue Bonds, Series 2017A (College of Charleston) (book entry).
Dated Jan 31, 2017.
Due Apr 1, 2018 to 2037.
Callable Apr 1, 2027 at par.
Winning bid: Citigroup, at 107.0038, TIC 3.1369%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $1,335,000 | 5.00% | 1.09% | NPFGC | |
| 4/1/19 | $1,405,000 | 5.00% | 1.33% | NPFGC | |
| 4/1/20 | $1,470,000 | 5.00% | 1.52% | NPFGC | |
| 4/1/21 | $1,545,000 | 5.00% | 1.72% | NPFGC | |
| 4/1/22 | $1,625,000 | 5.00% | 1.87% | NPFGC | |
| 4/1/23 | $1,700,000 | 5.00% | 2.04% | NPFGC | |
| 4/1/24 | $1,785,000 | 5.00% | 2.20% | NPFGC | |
| 4/1/25 | $1,880,000 | 5.00% | 2.33% | NPFGC | |
| 4/1/26 | $1,970,000 | 5.00% | 2.45% | NPFGC | |
| 4/1/27 | $2,070,000 | 5.00% | 2.55% | NPFGC | |
| 4/1/28 | $2,175,000 | 5.00% | 2.63% | NPFGC | |
| 4/1/29 | $2,285,000 | 5.00% | 2.72% | NPFGC | |
| 4/1/30 | $2,395,000 | 3.00% | 3.093% | NPFGC | |
| 4/1/31 | $2,470,000 | 3.125% | 3.213% | NPFGC | |
| 4/1/32 | $2,545,000 | 3.25% | 3.34% | NPFGC | |
| 4/1/33 | $2,630,000 | 3.25% | 3.371% | NPFGC | |
| 4/1/34 | $2,715,000 | 3.375% | 3.44% | NPFGC | |
| 4/1/35 | $2,805,000 | 3.375% | 3.487% | NPFGC | |
| 4/1/37 | $5,900,000 | 3.50% | 3.587% | NPFGC |
Other managers: Drexel Hamilton, LLC., Siebert Cisneros Shank & Co., L.L.C., Rice Financial Products Company, Ramirez & Co., Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities, Wiley Bros.-Aintree Capital LLC, UMB Bank, N.A...
L.O.: McNair Law Firm, Charleston, SC.
F.A.: Piedmont Securities LLC, Davidson, NC.
Other bidders were:
Jefferies, TIC 3.1598%
Piper Jaffray, TIC 3.1976%
BA Merrill Lynch, TIC 3.2184%
Wells Fargo Secs, TIC 3.225%
Mesirow Financial, TIC 3.2306%
JPMorgan, TIC 3.2387%
Robert W. Baird, TIC 3.2571%
SunTrust Robinson, TIC 3.2992%
UBS Financial Svcs, TIC 3.3817%
TEXAS
Angleton Independent School District
Jan 18, 2017 . . . . . . $21,025,000
Unlimited Tax Refunding Bonds, Series 2017 (book entry).
Dated Feb 1, 2017.
Due Feb 15, 2022 to 2033.
Callable Feb 15, 2027 at par.
Winning bid: BA Merrill Lynch, at n/a, TIC 2.8714%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/22 | $785,000 | 5.00% | 1.68% | PSF | |
| 2/15/23 | $1,255,000 | 5.00% | 1.85% | PSF | |
| 2/15/24 | $1,040,000 | 5.00% | 2.02% | PSF | |
| 2/15/25 | $1,195,000 | 5.00% | 2.13% | PSF | |
| 2/15/26 | $1,295,000 | 5.00% | 2.27% | PSF | |
| 2/15/27 | $1,465,000 | 5.00% | 2.35% | PSF | |
| 2/15/28 | $1,585,000 | 4.00% | 2.50% | PSF | |
| 2/15/29 | $1,755,000 | 4.00% | 2.64% | PSF | |
| 2/15/30 | $2,355,000 | 3.00% | 3.047% | PSF | |
| 2/15/31 | $2,810,000 | 3.00% | 3.089% | PSF | |
| 2/15/32 | $2,665,000 | 3.00% | 3.126% | PSF | |
| 2/15/33 | $2,820,000 | 3.00% | 3.181% | PSF |
L.O.: Orrick, Herrignton & Sutcliffe, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
PNC Capital Markets, TIC 2.8731%
Raymond James, TIC 2.9035%
Robert W. Baird, TIC 2.9154%
Citigroup, TIC 2.9345%
Chambers County Municipal Utility District No. 1
Jan 18, 2017 . . . . . . $3,000,000
Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Sep 1, 2034 to 2042.
Callable Sep 1, 2024 at par.
Winning bid: Raymond James, at 97.1106, NIC 3.8782%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/34 | $20,000 | 4.00% | 3.40% | NPFGC | |
| 9/1/35 | $20,000 | 4.00% | 3.50% | NPFGC | |
| 9/1/36 | $20,000 | 4.00% | 3.55% | NPFGC | |
| 9/1/37 | $20,000 | 4.00% | 3.65% | NPFGC | |
| 9/1/38 | $540,000 | 3.75% | 3.75% | NPFGC | |
| 9/1/39 | $560,000 | 3.75% | 3.78% | NPFGC | |
| 9/1/40 | $585,000 | 3.75% | 3.80% | NPFGC | |
| 9/1/41 | $605,000 | 3.75% | 3.85% | NPFGC | |
| 9/1/42 | $630,000 | 3.75% | 3.90% | NPFGC |
L.O.: Young & Brooks, Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 3.9085%
Northland Securities, NIC 3.9364%
Robert W. Baird, NIC 3.9903%
RBC Capital Mkts, NIC 3.9903%
SunTrust Robinson, NIC 4.0918%
College Station Independent School District
Jan 18, 2017 . . . . . . $65,450,000
Unlimited Tax School Building Bonds, Series 2017 (book entry).
Dated Feb 1, 2017.
Due Aug 15, 2018 to 2042.
Callable Aug 15, 2026 at par.
Winning bid: BA Merrill Lynch, at 103.9946, TIC 3.2048%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/18 | $345,000 | 5.00% | 1.01% | PSF | |
| 8/15/19 | $1,595,000 | 5.00% | 1.19% | PSF | |
| 8/15/20 | $1,675,000 | 5.00% | 1.39% | PSF | |
| 8/15/21 | $1,760,000 | 5.00% | 1.56% | PSF | |
| 8/15/22 | $1,845,000 | 5.00% | 1.74% | PSF | |
| 8/15/23 | $1,940,000 | 5.00% | 1.91% | PSF | |
| 8/15/24 | $2,035,000 | 5.00% | 2.11% | PSF | |
| 8/15/25 | $2,140,000 | 5.00% | 2.18% | PSF | |
| 8/15/26 | $2,245,000 | 5.00% | 2.31% | PSF | |
| 8/15/27 | $2,360,000 | 5.00% | 2.38% | PSF | |
| 8/15/28 | $2,475,000 | 4.00% | 2.50% | PSF | |
| 8/15/29 | $2,575,000 | 4.00% | 2.64% | PSF | |
| 8/15/30 | $2,675,000 | 4.00% | 2.77% | PSF | |
| 8/15/31 | $2,785,000 | 3.00% | 3.021% | PSF | |
| 8/15/32 | $2,870,000 | 3.00% | 3.082% | PSF | |
| 8/15/33 | $2,955,000 | 3.00% | 3.176% | PSF | |
| 8/15/34 | $3,045,000 | 3.125% | 3.267% | PSF | |
| 8/15/35 | $3,140,000 | 3.125% | 3.307% | PSF | |
| 8/15/36 | $3,235,000 | 3.25% | 3.355% | PSF | |
| 8/15/37 | $3,340,000 | 3.25% | 3.36% | PSF | |
| 8/15/38 | $3,450,000 | 3.25% | 3.423% | PSF | |
| 8/15/39 | $3,560,000 | 3.25% | 3.443% | PSF | |
| 8/15/42 | $11,405,000 | 3.375% | 3.464% | PSF |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Frost Bank Capital Markets, San Antonio, TX.
Other bidders were:
Robert W. Baird, TIC 3.2438%
Wells Fargo Secs, TIC 3.349%
Fidelity Capital, TIC 3.3495%
Piper Jaffray, TIC 3.3518%
Citigroup, TIC 3.3885%
JPMorgan, TIC 3.4164%
RBC Capital Mkts, TIC 3.4251%
UMB Bank, TIC 3.4303%
Floresville Independent School District
Jan 18, 2017 . . . . . . $8,385,000
Unlimited Tax Refunding Bonds, Series 2017 (bank qualified) (book entry).
Dated Jan 1, 2017.
Due Feb 1, 2018 to 2038.
Callable Feb 1, 2027 at par.
Winning bid: Robert W. Baird, at 106.3017, TIC 2.7333%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $115,000 | 5.00% | 1.05% | PSF | |
| 2/1/19 | $145,000 | 5.00% | 1.15% | PSF | |
| 2/1/20 | $15,000 | 5.00% | 1.40% | PSF | |
| 2/1/21 | $15,000 | 5.00% | 1.55% | PSF | |
| 2/1/22 | $15,000 | 5.00% | 1.70% | PSF | |
| 2/1/23 | $15,000 | 5.00% | 1.85% | PSF | |
| 2/1/24 | $225,000 | 5.00% | 1.90% | PSF | |
| 2/1/25 | $445,000 | 5.00% | 2.00% | PSF | |
| 2/1/26 | $460,000 | 5.00% | 2.10% | PSF | |
| 2/1/27 | $480,000 | 5.00% | 2.20% | PSF | |
| 2/1/28 | $490,000 | 3.00% | 2.25% | PSF | |
| 2/1/29 | $500,000 | 3.00% | 2.35% | PSF | |
| 2/1/37 | $4,780,000 | 3.00% | 2.72% | PSF | |
| 2/1/38 | $685,000 | 3.00% | 3.00% | PSF |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Ross, Sinclaire & Associates LLC, WNJ Capital, Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Duncan-Williams, Inc., Davenport & Company LLC, SumRidge Partners, LLC, Sierra Pacific Securities, Alamo Capital, Isaak Bond Investments, Inc., Country Club Bank, IFS Securities, UMB Bank, N.A.., Wedbush Securities Inc., Stephens Inc., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Bernardi Securities, Inc., Wayne Hummer & Co., J.J.B. Hilliard, W.L. Lyons, Inc., FMSbonds, Inc., First Kentucky Securities Corp..
L.O.: Norton Rose Fulbright US LLP, San Antonio, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, San Antonio, TX.
Other bidders were:
Wells Fargo Secs, TIC 2.7778%
PNC Capital Markets, TIC 2.784%
Raymond James, TIC 2.7902%
Cantor Fitzgerald, TIC 2.7977%
FTN Fin Cap Mkts, TIC 2.8034%
BOK Fin Secs, TIC 2.8497%
Janney Montgomery, TIC 2.8627%
Northland Securities, TIC 2.8698%
Grapevine (City)
Jan 17, 2017 . . . . . . $1,365,000
General Obligation Refunding Bonds, Series 2017 (book entry).
Dated Jan 15, 2017.
Due Feb 15, 2018 to 2027.
Non-callable.
Winning bid: Morgan Stanley, at 103.5000, TIC 2.1646%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $120,000 | 3.00% | 0.96% | ||
| 2/15/19 | $125,000 | 3.00% | 1.18% | ||
| 2/15/20 | $130,000 | 3.00% | 1.40% | ||
| 2/15/21 | $130,000 | 3.00% | 1.57% | ||
| 2/15/22 | $135,000 | 3.00% | 1.75% | ||
| 2/15/23 | $135,000 | 3.00% | 1.90% | ||
| 2/15/24 | $140,000 | 3.00% | 2.05% | ||
| 2/15/25 | $145,000 | 3.00% | 2.16% | ||
| 2/15/26 | $150,000 | 2.00% | 2.30% | ||
| 2/15/27 | $155,000 | 3.00% | 2.40% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, Fidelity Capital Markets.
L.O.: Bracewell LLP, Dallas, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Fort Worth, TX.
Other bidders were:
Robert W. Baird, TIC 2.2498%
Citigroup, TIC 2.32%
Bernardi Securities, TIC 2.3304%
SAMCO Cap Mkts, TIC 2.3314%
Harris County Municipal Utility District No. 109
Jan 17, 2017 . . . . . . $12,100,000
Unlimited Tax Bonds, Series 2017 (book entry).
Dated Feb 1, 2017.
Due Oct 1, 2021 to 2041.
Callable Oct 1, 2024 at par.
Winning bid: Raymond James, at 97.8301, NIC 3.4331%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/21 | $380,000 | 2.00% | 1.80% | NPFGC | |
| 10/1/22 | $430,000 | 2.00% | 1.97% | NPFGC | |
| 10/1/23 | $440,000 | 2.00% | 2.15% | NPFGC | |
| 10/1/24 | $460,000 | 3.00% | 2.34% | NPFGC | |
| 10/1/25 | $445,000 | 3.00% | 2.50% | NPFGC | |
| 10/1/26 | $460,000 | 3.00% | 2.64% | NPFGC | |
| 10/1/27 | $475,000 | 3.00% | 2.77% | NPFGC | |
| 10/1/28 | $490,000 | 3.00% | 2.89% | NPFGC | |
| 10/1/29 | $515,000 | 3.00% | 3.00% | NPFGC | |
| 10/1/30 | $525,000 | 3.00% | 3.07% | NPFGC | |
| 10/1/31 | $560,000 | 3.00% | 3.13% | NPFGC | |
| 10/1/32 | $585,000 | 3.125% | 3.24% | NPFGC | |
| 10/1/33 | $605,000 | 3.125% | 3.34% | NPFGC | |
| 10/1/34 | $630,000 | 3.25% | 3.42% | NPFGC | |
| 10/1/35 | $650,000 | 3.375% | 3.50% | NPFGC | |
| 10/1/36 | $675,000 | 3.375% | 3.55% | NPFGC | |
| 10/1/38 | $1,425,000 | 3.50% | 3.634% | NPFGC | |
| 10/1/41 | $2,350,000 | 3.625% | 3.75% | NPFGC |
L.O.: Norton Rose Fulbright US LLP, Houston, TX; and State Attorney General.
F.A.: Robert W. Baird & Co., Inc., Houston, TX.
Other bidders were:
BA Merrill Lynch, NIC 3.4914%
SAMCO Cap Mkts, NIC 3.5653%
FMSbonds, NIC 3.5737%
Northland Securities, NIC 3.5775%
RBC Capital Mkts, NIC 3.7869%
Little Elm (Town)
Jan 17, 2017 . . . . . . $13,645,000
General Obligation Refunding Bonds, Series 2017 (book entry).
Dated Jan 15, 2017.
Due Aug 1, 2017 to 2034.
Callable Aug 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 106.0000, TIC 2.8838%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $85,000 | 5.00% | 0.85% | ||
| 8/1/18 | $10,000 | 5.00% | 1.08% | ||
| 8/1/19 | $600,000 | 5.00% | 1.30% | ||
| 8/1/20 | $630,000 | 5.00% | 1.50% | ||
| 8/1/21 | $665,000 | 5.00% | 1.64% | ||
| 8/1/22 | $695,000 | 5.00% | 1.82% | ||
| 8/1/23 | $735,000 | 5.00% | 1.95% | ||
| 8/1/24 | $770,000 | 4.00% | 2.10% | ||
| 8/1/25 | $800,000 | 4.00% | 2.23% | ||
| 8/1/26 | $835,000 | 4.00% | 2.37% | ||
| 8/1/27 | $865,000 | 4.00% | 2.55% | ||
| 8/1/28 | $900,000 | 4.00% | 2.72% | ||
| 8/1/29 | $935,000 | 3.00% | 3.00% | ||
| 8/1/30 | $970,000 | 3.00% | 3.057% | ||
| 8/1/31 | $990,000 | 3.00% | 3.13% | ||
| 8/1/32 | $1,020,000 | 3.00% | 3.196% | ||
| 8/1/33 | $1,050,000 | 3.125% | 3.243% | ||
| 8/1/34 | $1,090,000 | 3.125% | 3.295% |
L.O.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, San Antonio, TX.
Other bidders were:
Robert W. Baird, TIC 2.8927%
Morgan Stanley, TIC 2.9097%
Citigroup, TIC 2.9353%
Hilltop Securities, TIC 3.0058%
Marble Falls Independent School District
Jan 18, 2017 . . . . . . $30,090,000
Unlimited Tax Refunding Bonds, Series 2017 (book entry).
Dated Jan 15, 2017.
Due Aug 15, 2017 to 2037.
Callable Aug 15, 2026 at par.
Winning bid: Robert W. Baird, at 104.0108, TIC 2.9597%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $105,000 | 3.00% | 0.75% | PSF | |
| 8/15/18 | $1,705,000 | 3.00% | 1.05% | PSF | |
| 8/15/19 | $1,990,000 | 3.00% | 1.20% | PSF | |
| 8/15/20 | $1,080,000 | 5.00% | 1.40% | PSF | |
| 8/15/21 | $1,135,000 | 5.00% | 1.55% | PSF | |
| 8/15/22 | $1,190,000 | 5.00% | 1.75% | PSF | |
| 8/15/23 | $530,000 | 5.00% | 1.90% | PSF | |
| 8/15/24 | $1,065,000 | 5.00% | 2.05% | PSF | |
| 8/15/25 | $1,315,000 | 5.00% | 2.20% | PSF | |
| 8/15/26 | $1,385,000 | 5.00% | 2.30% | PSF | |
| 8/15/27 | $1,450,000 | 3.00% | 2.40% | PSF | |
| 8/15/28 | $1,495,000 | 3.00% | 2.60% | PSF | |
| 8/15/29 | $1,540,000 | 3.00% | 2.80% | PSF | |
| 8/15/31 | $3,220,000 | 3.00% | 3.00% | PSF | |
| 8/15/32 | $1,680,000 | 3.00% | 3.10% | PSF | |
| 8/15/33 | $1,735,000 | 3.00% | 3.15% | PSF | |
| 8/15/34 | $1,785,000 | 3.00% | 3.20% | PSF | |
| 8/15/35 | $1,835,000 | 3.125% | 3.25% | PSF | |
| 8/15/36 | $1,895,000 | 3.125% | 3.30% | PSF | |
| 8/15/37 | $1,955,000 | 3.25% | 3.35% | PSF |
Other managers: CL King & Associates, Edward Jones, Coastal Securities Corp., WNJ Capital, Crews & Associates, Inc., Davenport & Company LLC, Ross, Sinclaire & Associates LLC, Isaak Bond Investments, Inc., Cronin & Co., Inc., Duncan-Williams, Inc., Wedbush Securities Inc., R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Bank of New York Mellon Capital Markets, LLC, SumRidge Partners, LLC, Northland Securities, Inc., Loop Capital Markets, LLC, FTN Financial Capital Markets, Sierra Pacific Securities, Vining-Sparks IBG, Limited Partnership, Alamo Capital, Bernardi Securities, Inc., IFS Securities, Country Club Bank, First Empire Securities, George K. Baum & Co., Stifel, Nicolaus & Co., Inc., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp..
L.O.: Andrews Kurth LLP, Austin, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
BA Merrill Lynch, TIC 2.983%
Citigroup, TIC 2.9982%
Fidelity Capital, TIC 2.9983%
Piper Jaffray, TIC 3.0589%
Wells Fargo Secs, TIC 3.1%
McKinney Municipal Utility District No. 1 of Collin County
Jan 18, 2017 . . . . . . $1,450,000
Unlimited Tax Road Bonds, Series 2017A (book entry).
Dated Feb 1, 2017.
Due Sep 1, 2018 to 2041.
Callable Sep 1, 2024 at par.
Winning bid: SAMCO Cap Mkts, at 97.0000, NIC 3.8853%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/18 | $35,000 | 5.00% | 1.45% | BAM | |
| 9/1/19 | $35,000 | 5.00% | 1.70% | BAM | |
| 9/1/20 | $40,000 | 5.00% | 1.95% | BAM | |
| 9/1/21 | $40,000 | 5.00% | 2.20% | BAM | |
| 9/1/22 | $40,000 | 5.00% | 2.30% | BAM | |
| 9/1/23 | $45,000 | 4.00% | 2.50% | BAM | |
| 9/1/24 | $45,000 | 4.00% | 2.65% | BAM | |
| 9/1/25 | $50,000 | 4.00% | 2.85% | BAM | |
| 9/1/26 | $50,000 | 4.00% | 3.05% | BAM | |
| 9/1/29 | $160,000 | 3.125% | 3.30% | BAM | |
| 9/1/32 | $185,000 | 3.375% | 3.55% | BAM | |
| 9/1/35 | $210,000 | 3.625% | 3.75% | BAM | |
| 9/1/38 | $240,000 | 3.75% | 3.85% | BAM | |
| 9/1/41 | $275,000 | 3.75% | 3.90% | BAM |
Other managers: Crews & Associates, Inc., Coastal Securities Corp., WNJ Capital, M. E. Allison & Co., Inc., Ross, Sinclaire & Associates LLC, Intercoastal Capital Markets, Inc., Ramirez & Co., Inc., Loop Capital Markets, LLC, Sierra Pacific Securities.
L.O.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.
F.A.: Robert W. Baird & Co., Inc., Houston, TX.
Other bidders were:
Hilltop Securities, NIC 4.0663%
McKinney Municipal Utility District No. 1 of Collin County
Jan 18, 2017 . . . . . . $13,435,000
Unlimited Tax Bonds, Series 2017 (book entry).
Dated Feb 1, 2017.
Due Sep 1, 2018 to 2041.
Callable Sep 1, 2024 at par.
Winning bid: FMSbonds, at 97.0634, NIC 3.8051%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/18 | $325,000 | 4.00% | 1.25% | BAM | |
| 9/1/19 | $335,000 | 4.00% | 1.50% | BAM | |
| 9/1/20 | $350,000 | 4.00% | 1.75% | BAM | |
| 9/1/21 | $370,000 | 4.00% | 1.85% | BAM | |
| 9/1/22 | $385,000 | 4.00% | 2.00% | BAM | |
| 9/1/23 | $400,000 | 3.00% | 2.20% | BAM | |
| 9/1/24 | $420,000 | 3.00% | 2.40% | BAM | |
| 9/1/25 | $440,000 | 3.00% | 2.60% | BAM | |
| 9/1/26 | $460,000 | 3.00% | 2.70% | BAM | |
| 9/1/27 | $480,000 | 3.00% | 2.85% | BAM | |
| 9/1/28 | $500,000 | 3.00% | 3.00% | BAM | |
| 9/1/29 | $525,000 | 3.00% | 3.10% | BAM | |
| 9/1/32 | $1,710,000 | 3.50% | 3.50% | BAM | |
| 9/1/37 | $3,410,000 | 3.75% | 3.75% | BAM | |
| 9/1/41 | $3,325,000 | 3.75% | 3.80% | BAM |
L.O.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.
F.A.: Robert W. Baird & Co., Inc., Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 3.8342%
Hilltop Securities, NIC 4.0529%
Montgomery County Municipal Utility District No. 39
Jan 18, 2017 . . . . . . $5,160,000
Waterworks and Sewer System Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Sep 1, 2027 to 2040.
Callable Sep 1, 2024 at par.
Winning bid: Raymond James, at 99.4960, NIC 3.3687%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/27 | $280,000 | 3.00% | 2.55% | BAM | |
| 9/1/28 | $295,000 | 3.00% | 2.60% | BAM | |
| 9/1/29 | $305,000 | 3.00% | 2.70% | BAM | |
| 9/1/30 | $320,000 | 3.00% | 2.75% | BAM | |
| 9/1/31 | $330,000 | 3.00% | 2.80% | BAM | |
| 9/1/32 | $345,000 | 3.00% | 2.90% | BAM | |
| 9/1/33 | $355,000 | 3.25% | 3.00% | BAM | |
| 9/1/34 | $370,000 | 3.25% | 3.05% | BAM | |
| 9/1/35 | $385,000 | 3.25% | 3.25% | BAM | |
| 9/1/36 | $400,000 | 3.50% | 3.30% | BAM | |
| 9/1/37 | $420,000 | 3.50% | 3.40% | BAM | |
| 9/1/38 | $435,000 | 3.50% | 3.60% | BAM | |
| 9/1/39 | $450,000 | 3.625% | 3.65% | BAM | |
| 9/1/40 | $470,000 | 3.625% | 3.70% | BAM |
L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: Robert W. Baird & Co., Inc., Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 3.4276%
Northland Securities, NIC 3.4475%
Wells Fargo Secs, NIC 3.4506%
BOK Fin Secs, NIC 3.4916%
Porter Municipal Utility District
Jan 17, 2017 . . . . . . $1,840,000
Auburn Trails Defined Area No.1 Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Mar 1, 2018 to 2040.
Callable Mar 1, 2024 at par.
Winning bid: Morgan Stanley, at 97.0873, NIC 3.9848%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $65,000 | 3.00% | 1.70% | ||
| 3/1/19 | $65,000 | 3.00% | 2.00% | ||
| 3/1/20 | $65,000 | 3.00% | 2.20% | ||
| 3/1/21 | $70,000 | 3.00% | 2.40% | ||
| 3/1/22 | $70,000 | 3.00% | 2.60% | ||
| 3/1/23 | $70,000 | 3.00% | 2.80% | ||
| 3/1/24 | $70,000 | 3.00% | 3.00% | ||
| 3/1/25 | $70,000 | 3.00% | 3.15% | ||
| 3/1/26 | $75,000 | 3.00% | 3.30% | ||
| 3/1/27 | $75,000 | 3.00% | 3.40% | ||
| 3/1/28 | $75,000 | 3.25% | 3.50% | ||
| 3/1/29 | $80,000 | 3.375% | 3.60% | ||
| 3/1/30 | $80,000 | 3.50% | 3.695% | ||
| 3/1/40 | $910,000 | 4.00% | 4.135% |
L.O.: Young & Brooks, Houston, TX; and State Attorney General.
F.A.: Blitch Associates, Inc., Houston, TX.
Other bidders were:
Hilltop Securities, NIC 4.0308%
GMS Group, NIC 4.128%
WISCONSIN
Geneva Joint School District No.4
Jan 18, 2017 . . . . . . $4,600,000
General Obligation School Improvement Bonds (bank qualified) (book entry).
Dated Mar 1, 2017.
Due Sep 1, 2017 to Mar 1, 2037.
Callable Mar 1, 2027 at par.
Winning bid: BOK Fin Secs, at 100.3096, TIC 2.967%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $170,000 | 3.00% | 1.00% | ||
| 3/1/18 | $100,000 | 3.00% | 1.05% | ||
| 3/1/19 | $105,000 | 3.00% | 1.25% | ||
| 3/1/20 | $105,000 | 3.00% | 1.45% | ||
| 3/1/21 | $190,000 | 3.00% | 1.65% | ||
| 3/1/22 | $195,000 | 3.00% | 1.75% | ||
| 3/1/23 | $200,000 | 3.00% | 1.875% | ||
| 3/1/24 | $205,000 | 3.00% | 2.00% | ||
| 3/1/25 | $215,000 | 3.00% | 2.10% | ||
| 3/1/26 | $220,000 | 3.00% | 2.20% | ||
| 3/1/27 | $225,000 | 3.00% | 2.30% | ||
| 3/1/28 | $235,000 | 3.00% | 2.40% | ||
| 3/1/29 | $240,000 | 3.00% | 2.50% | ||
| 3/1/30 | $245,000 | 3.00% | 2.60% | ||
| 3/1/31 | $255,000 | 3.00% | 2.70% | ||
| 3/1/33 | $530,000 | 3.00% | 2.85% | ||
| 3/1/35 | $565,000 | 3.00% | 2.95% | ||
| 3/1/37 | $600,000 | 3.00% | 3.05% |
Other managers: Stifel, Nicolaus & Co., Inc., SunTrust Robinson Humphrey.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Wells Fargo Secs, TIC 2.9842%
FTN Fin Cap Mkts, TIC 2.9883%
Northland Securities, TIC 3.0051%
Piper Jaffray, TIC 3.0743%
Prairie du Chien (City)
Jan 17, 2017 . . . . . . $2,535,000
General Obligation Corporate Purpose Bonds, Series 2017 (bank qualified) (book entry).
Dated Feb 7, 2017.
Due Mar 1, 2020 to 2036.
Callable Mar 1, 2026 at par.
Winning bid: Bankers' Bank, at n/a, TIC 2.9573%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/20 | $85,000 | 1.60% | 1.60% | ||
| 3/1/21 | $125,000 | 1.70% | 1.70% | ||
| 3/1/22 | $130,000 | 1.85% | 1.85% | ||
| 3/1/23 | $135,000 | 2.00% | 2.00% | ||
| 3/1/24 | $135,000 | 2.10% | 2.10% | ||
| 3/1/25 | $140,000 | 2.25% | 2.25% | ||
| 3/1/26 | $140,000 | 2.35% | 2.35% | ||
| 3/1/27 | $145,000 | 2.45% | 2.45% | ||
| 3/1/28 | $150,000 | 2.60% | 2.60% | ||
| 3/1/29 | $150,000 | 2.70% | 2.70% | ||
| 3/1/30 | $155,000 | 2.85% | 2.85% | ||
| 3/1/31 | $165,000 | 3.00% | 3.00% | ||
| 3/1/32 | $165,000 | 3.10% | 3.10% | ||
| 3/1/33 | $170,000 | 3.20% | 3.20% | ||
| 3/1/34 | $175,000 | 3.30% | 3.30% | ||
| 3/1/35 | $180,000 | 3.40% | 3.40% | ||
| 3/1/36 | $190,000 | 3.50% | 3.50% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: PFM Financial Advisors LLC, Milwaukee, WI.
Other bidders were:
Northland Securities, TIC 2.9608%
Robert W. Baird, TIC 3.0291%
BOK Fin Secs, TIC 3.1362%
TAXABLE ISSUES
MICHIGAN
Shepherd Public School District
Jan 17, 2017 . . . . . . $5,975,000
2017 Refunding Bonds, Series B (General Obligation-Unlimited Tax) (Federally Taxable) (Michigan School Bond Qualification Loan Program).
Dated Feb 15, 2017.
Due May 1, 2019 to 2023.
Non-callable.
Winning bid: Piper Jaffray, at 99.6980, TIC 2.4408%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $770,000 | 2.00% | 1.50% | ||
| 5/1/20 | $820,000 | 2.00% | 1.85% | ||
| 5/1/21 | $860,000 | 2.10% | 2.10% | ||
| 5/1/22 | $910,000 | 2.35% | 2.35% | ||
| 5/1/23 | $2,615,000 | 2.55% | 2.55% |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Umbaugh LLP, Okemos, MI.
Other bidders were:
BOK Fin Secs, TIC 2.4706%
Fifth Third Secs, TIC 2.5286%
Raymond James, TIC 2.5606%
Robert W. Baird, TIC 2.5856%
Northland Securities, TIC 2.6302%
JPMorgan, TIC 2.6916%
J.J.B. Hilliard, TIC 2.8433%
Wells Fargo Secs, TIC 2.8717%
