CALIFORNIA
Cabrillo Unified School District
Jan 18, 2017 . . . . . . $20,000,000
General Obligation Bonds, Election of 2012, Series C (book entry).
Dated Feb 1, 2017.
Due Aug 1, 2018 to 2046.
Callable Aug 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 102.0000, TIC 3.7133%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $20,000 | 5.00% | 0.88% | ||
| 8/1/19 | $20,000 | 5.00% | 1.09% | ||
| 8/1/29 | $175,000 | 5.00% | 2.74% | ||
| 8/1/30 | $220,000 | 5.00% | 2.84% | ||
| 8/1/31 | $265,000 | 5.00% | 2.96% | ||
| 8/1/32 | $310,000 | 4.00% | 3.02% | ||
| 8/1/33 | $360,000 | 4.00% | 3.08% | ||
| 8/1/34 | $415,000 | 4.00% | 3.14% | ||
| 8/1/35 | $475,000 | 4.00% | 3.19% | ||
| 8/1/36 | $535,000 | 4.00% | 3.23% | ||
| 8/1/37 | $600,000 | 3.375% | 3.513% | ||
| 8/1/38 | $1,095,000 | 3.375% | 3.534% | ||
| 8/1/42 | $5,495,000 | 3.50% | 3.59% | ||
| 8/1/46 | $10,015,000 | 4.00% | 3.47% |
L.O.: Dannis Woliver Kelley, San Diego, CA.
F.A.: Isom Advisors Inc., Walnut Creek, CA.
Other bidders were:
Robert W. Baird, TIC 3.8023%
Wells Fargo Secs, TIC 3.842%
Citigroup, TIC 3.9191%
Fairfax Elementary School District
Jan 19, 2017 . . . . . . $2,500,000
General Obligation Bonds, Election of 2016, Series 2017 (bank qualified) (book entry).
Dated Feb 2, 2017.
Due Nov 1, 2018 to 2046.
Callable Nov 1, 2026 at par.
Winning bid: Robert W. Baird, at 104.5199, TIC 3.8951%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/18 | $280,000 | 5.00% | 1.20% | MAC | |
| 11/1/19 | $225,000 | 5.00% | 1.40% | MAC | |
| 11/1/20 | $55,000 | 5.00% | 1.90% | MAC | |
| 11/1/21 | $65,000 | 5.00% | 2.10% | MAC | |
| 11/1/22 | $25,000 | 5.00% | 2.30% | MAC | |
| 11/1/23 | $30,000 | 5.00% | 2.50% | MAC | |
| 11/1/24 | $35,000 | 5.00% | 2.65% | MAC | |
| 11/1/25 | $10,000 | 5.00% | 2.85% | MAC | |
| 11/1/33 | $260,000 | 4.00% | 3.25% | MAC | |
| 11/1/37 | $285,000 | 4.25% | 3.40% | MAC | |
| 11/1/41 | $425,000 | 4.25% | 3.60% | MAC | |
| 11/1/46 | $805,000 | 4.25% | 3.70% | MAC |
Other managers: CL King & Associates, Cronin & Co., Inc., Vining-Sparks IBG, Limited Partnership, Edward Jones, Ross, Sinclaire & Associates LLC, WNJ Capital, Crews & Associates, Inc., Loop Capital Markets, LLC, Oppenheimer & Co., Inc., SumRidge Partners, LLC, Sierra Pacific Securities, Northland Securities, Inc., Rafferty Capital Markets LLC, IFS Securities, Alamo Capital, Wayne Hummer & Co., R H Investment Corp., FMSbonds, Inc..
L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
Other bidders were:
D.A. Davidson, TIC 3.9046%
ILLINOIS
Palatine Community Consolidated School District No. 15
Jan 19, 2017 . . . . . . $8,725,000
General Obligation Limited Tax School Bonds Series 2017 (bank qualified) (book entry).
Dated Feb 9, 2017.
Due Dec 1, 2021 to 2027.
Callable Dec 1, 2026 at par.
Winning bid: Robert W. Baird, at n/a, TIC 2.7216%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/21 | $695,000 | 4.00% | 1.80% | ||
| 12/1/22 | $670,000 | 4.00% | 2.05% | ||
| 12/1/23 | $675,000 | 4.00% | 2.20% | ||
| 12/1/24 | $680,000 | 4.00% | 2.30% | ||
| 12/1/25 | $2,015,000 | 4.00% | 2.40% | ||
| 12/1/26 | $2,100,000 | 4.00% | 2.50% | ||
| 12/1/27 | $1,890,000 | 4.00% | 2.60% |
Other managers: CL King & Associates, Bernardi Securities, Inc., Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Edward Jones, SAMCO Capital Markets, Fidelity Capital Markets, Coastal Securities Corp., WNJ Capital, Crews & Associates, Inc., Duncan-Williams, Inc., Loop Capital Markets, LLC, Ross, Sinclaire & Associates LLC, SumRidge Partners, LLC, Sierra Pacific Securities, Alamo Capital, Oppenheimer & Co., Inc., IFS Securities, Wayne Hummer & Co., R. Seelaus & Co., Inc., First Empire Securities, Rafferty Capital Markets LLC, Central States Capital Markets, LLC, FMSbonds, Inc., First Kentucky Securities Corp..
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: William Blair & Company, LLC, Chicago, IL.
Other bidders were:
D.A. Davidson, TIC 2.7934%
Raymond James, TIC 2.7942%
BOK Fin Secs, TIC 2.9727%
Piper Jaffray, TIC 3.0174%
Mesirow Financial, TIC 3.0389%
MASSACHUSETTS
Methuen (City)
Jan 19, 2017 . . . . . . $2,915,000
General Obligation Bond Anticipation Notes (renewal) (bank qualified).
Dated Jan 27, 2017.
Due Jan 26, 2018.
Purchased $2,915,000.00 by Century Bk, at 1.45%, plus $8,454.00, effective rate 1.1592%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.284%
Jefferies, Effective Rate 1.6219%
MINNESOTA
Hinckley-Finlayson Independent School District No. 2165
Jan 18, 2017 . . . . . . $1,815,000
General Obligation Facilities Maintenance Bonds, Series 2017A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Feb 9, 2017.
Due Feb 1, 2018 to 2028.
Non-callable.
Winning bid: UMB Bank, at 104.0663, TIC 2.2625%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $215,000 | 1.50% | 0.80% | ||
| 2/1/20 | $100,000 | 1.30% | 1.30% | ||
| 2/1/22 | $110,000 | 1.60% | 1.60% | ||
| 2/1/24 | $110,000 | 1.90% | 1.90% | ||
| 2/1/26 | $115,000 | 2.10% | 2.10% | ||
| 2/1/27 | $565,000 | 3.00% | 2.20% | ||
| 2/1/28 | $600,000 | 3.00% | 2.30% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Robert W. Baird, TIC 2.2932%
Northland Securities, TIC 2.3562%
United Banker's Bk, TIC 2.3602%
Roseau Independent School District No. 682
Jan 19, 2017 . . . . . . $5,535,000
General Obligation School Building Refunding Bonds, Series 2017A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Feb 9, 2017.
Due Feb 1, 2018 to 2025.
Non-callable.
Winning bid: United Banker's Bk, at n/a, TIC 1.7749%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $665,000 | 3.00% | 0.95% | ||
| 2/1/19 | $580,000 | 3.00% | 1.10% | ||
| 2/1/20 | $590,000 | 3.00% | 1.30% | ||
| 2/1/21 | $705,000 | 3.00% | 1.45% | ||
| 2/1/22 | $725,000 | 3.00% | 1.60% | ||
| 2/1/23 | $740,000 | 3.00% | 1.75% | ||
| 2/1/24 | $770,000 | 3.00% | 1.85% | ||
| 2/1/25 | $760,000 | 3.00% | 1.95% |
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Robert W. Baird, TIC 1.8145%
Northland Securities, TIC 1.8344%
Wells Fargo Secs, TIC 1.8686%
Piper Jaffray, TIC 1.8957%
BOK Fin Secs, TIC 1.9415%
Fifth Third Secs, TIC 2.0536%
Raymond James, TIC 2.063%
FTN Fin Cap Mkts, TIC 2.098%
Rush City Independent School District No. 139
Jan 19, 2017 . . . . . . $1,075,000
General Obligation Facilities Maintenance Bonds Series 2017A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Feb 9, 2017.
Due Feb 1, 2018 to 2027.
Non-callable.
Winning bid: Northland Securities, at 105.3070, TIC 2.0469%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $25,000 | 3.00% | 1.125% | ||
| 2/1/19 | $105,000 | 3.00% | 1.25% | ||
| 2/1/20 | $105,000 | 3.00% | 1.40% | ||
| 2/1/21 | $110,000 | 3.00% | 1.55% | ||
| 2/1/22 | $115,000 | 3.00% | 1.70% | ||
| 2/1/23 | $115,000 | 3.00% | 1.80% | ||
| 2/1/24 | $120,000 | 3.00% | 1.90% | ||
| 2/1/25 | $125,000 | 3.00% | 2.00% | ||
| 2/1/26 | $125,000 | 3.00% | 2.10% | ||
| 2/1/27 | $130,000 | 3.00% | 2.20% |
Other managers: D.A. Davidson & Co., Dougherty & Company LLC.
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
United Banker's Bk, TIC 2.0486%
Robert W. Baird, TIC 2.1372%
NEW JERSEY
Asbury Park (City)
Jan 19, 2017 . . . . . . $1,000,000
Bond Anticipation Notes (bank qualified).
Dated Jan 27, 2017.
Due Jan 26, 2018.
Purchased $1,000,000.00 by Investors Savings Bk, at 1.6%, effective rate 1.6%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 2.6969%
Cranford Township
Jan 19, 2017 . . . . . . $9,700,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jan 27, 2017.
Due Jan 26, 2018.
Purchased $9,700,000.00 by TD Bank, N.A., at 1.05%, effective rate 1.05%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.1286%
TD Securities, Effective Rate 1.1426%
JPMorgan Chase, Effective Rate 1.286%
Oppenheimer, Effective Rate 1.311%
Seaside Heights Borough
Jan 19, 2017 . . . . . . $13,406,175
Bond Anticipation Notes, Series 2017A.
Dated Jan 26, 2017.
Due Jul 26, 2017.
Purchased $13,406,180.00 by Bank of America, at 1.23%, effective rate 1.23%.
L.O.: Gluck Walrath, LLP, Red Bank, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
TD Securities, Effective Rate 1.378%
Oppenheimer, Effective Rate 1.606%
Jefferies, Effective Rate 1.616%
NEW YORK
Albany City School District
Jan 19, 2017 . . . . . . $8,000,000
Bond Anticipation Notes, 2017.
Dated Jan 27, 2017.
Due Jun 23, 2017.
Purchased $8,000,000.00 by TD Securities, at 2.0%, plus $26,000.00, effective rate 1.1986%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.2041%
JPMorgan Chase, Effective Rate 1.22%
Oppenheimer, Effective Rate 1.3516%
Binghamton City School District
Jan 19, 2017 . . . . . . $3,500,000
Revenue Anticipation Notes, 2017.
Dated Feb 2, 2017.
Due Jun 30, 2017.
Purchased $3,500,000.00 by TD Securities, at 2.0%, plus $10,220.00, effective rate 1.2897%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.36%
Oppenheimer, Effective Rate 1.4541%
Jefferies, Effective Rate 1.6156%
Dunkirk (City)
Jan 19, 2017 . . . . . . $160,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Feb 2, 2017.
Due Feb 1, 2018.
Purchased $160,000.00 by Bank of Greene Co, at 1.99%, effective rate 1.99%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 2.1057%
KS State Bk., Effective Rate 3.03%
Montour Falls Village
Jan 19, 2017 . . . . . . $695,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Feb 2, 2017.
Due Feb 1, 2018.
Purchased $695,000.00 by Bank of Greene Co, at 1.99%, effective rate 1.99%.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 2.3605%
Roosevelt & Cross, Effective Rate 2.375%
KS State Bk., Effective Rate 2.86%
Orchard Park Fire District
Jan 19, 2017 . . . . . . $1,600,000
Bond Anticipation Notes-2017 (bank qualified).
Dated Feb 1, 2017.
Due Feb 1, 2018.
Purchased $1,600,000.00 by KeyBank NY, at 1.28%, effective rate 1.28%.
L.O.: Harris, Beach LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.6434%
Roosevelt & Cross, Effective Rate 1.916%
Bank of Greene Co, Effective Rate 1.99%
Union Vale (Town)
Jan 19, 2017 . . . . . . $765,000
Public Improvement (Serial) Bonds, 2017 (Serial Bonds or SIB) (bank qualified).
Dated Feb 2, 2017.
Due Feb 1, 2018 to 2031.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, TIC 2.8476%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $40,000 | 0.50% | NRO | ||
| 2/1/19 | $45,000 | 0.75% | NRO | ||
| 2/1/20 | $45,000 | 1.00% | NRO | ||
| 2/1/21 | $45,000 | 1.25% | NRO | ||
| 2/1/22 | $50,000 | 1.50% | NRO | ||
| 2/1/23 | $50,000 | 1.75% | NRO | ||
| 2/1/24 | $55,000 | 2.00% | NRO | ||
| 2/1/25 | $55,000 | 2.25% | NRO | ||
| 2/1/26 | $60,000 | 2.50% | NRO | ||
| 2/1/27 | $60,000 | 2.75% | NRO | ||
| 2/1/28 | $60,000 | 3.00% | NRO | ||
| 2/1/29 | $65,000 | 3.25% | NRO | ||
| 2/1/30 | $65,000 | 3.50% | NRO | ||
| 2/1/31 | $70,000 | 4.50% | NRO |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Roosevelt & Cross, TIC 3.1586%
Sage Rutty, TIC 3.7233%
TEXAS
Denton County Municipal Utility District No. 5
Jan 19, 2017 . . . . . . $2,190,000
Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Sep 1, 2017 to 2040.
Callable Sep 1, 2024 at par.
Winning bid: Northland Securities, at 97.0000, NIC 3.5998%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $75,000 | 2.00% | 1.15% | BAM | |
| 9/1/18 | $55,000 | 2.00% | 1.30% | BAM | |
| 9/1/19 | $60,000 | 2.00% | 1.45% | BAM | |
| 9/1/20 | $60,000 | 2.00% | 1.65% | BAM | |
| 9/1/21 | $65,000 | 2.00% | 1.80% | BAM | |
| 9/1/22 | $65,000 | 2.25% | 2.00% | BAM | |
| 9/1/23 | $70,000 | 2.50% | 2.15% | BAM | |
| 9/1/24 | $70,000 | 2.50% | 2.30% | BAM | |
| 9/1/26 | $150,000 | 3.00% | 2.60% | BAM | |
| 9/1/28 | $165,000 | 3.00% | 2.85% | BAM | |
| 9/1/30 | $180,000 | 3.00% | 3.05% | BAM | |
| 9/1/32 | $195,000 | 3.00% | 3.25% | BAM | |
| 9/1/34 | $215,000 | 3.25% | 3.45% | BAM | |
| 9/1/36 | $235,000 | 3.625% | 3.70% | BAM | |
| 9/1/38 | $255,000 | 3.75% | 3.80% | BAM | |
| 9/1/40 | $275,000 | 3.875% | 3.90% | BAM |
Other managers: Dougherty & Company LLC.
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 3.6804%
RBC Capital Mkts, NIC 3.7317%
SAMCO Cap Mkts, NIC 3.7801%
SunTrust Robinson, NIC 3.908%
Raymond James, NIC 3.9363%
Dowdell Public Utility District
Jan 19, 2017 . . . . . . $13,250,000
Unlimited Tax Bonds, Series 2017 (book entry).
Dated Feb 1, 2017.
Due Sep 1, 2021 to 2045.
Callable Sep 1, 2021 at par.
Winning bid: BA Merrill Lynch, at 97.0000, NIC 3.8554%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/21 | $100,000 | 3.00% | 1.80% | NPFGC | |
| 9/1/22 | $100,000 | 3.00% | 1.95% | NPFGC | |
| 9/1/23 | $100,000 | 3.00% | 2.15% | NPFGC | |
| 9/1/24 | $100,000 | 3.00% | 2.35% | NPFGC | |
| 9/1/25 | $100,000 | 3.00% | 2.50% | NPFGC | |
| 9/1/26 | $100,000 | 3.00% | 2.65% | NPFGC | |
| 9/1/27 | $150,000 | 3.00% | 2.80% | NPFGC | |
| 9/1/28 | $200,000 | 3.00% | 2.90% | NPFGC | |
| 9/1/29 | $300,000 | 3.00% | 3.048% | NPFGC | |
| 9/1/30 | $500,000 | 3.125% | 3.356% | NPFGC | |
| 9/1/31 | $525,000 | 3.25% | 3.426% | NPFGC | |
| 9/1/32 | $550,000 | 3.25% | 3.481% | NPFGC | |
| 9/1/33 | $600,000 | 3.375% | 3.525% | NPFGC | |
| 9/1/34 | $625,000 | 3.50% | 3.597% | NPFGC | |
| 9/1/35 | $675,000 | 3.50% | 3.649% | NPFGC | |
| 9/1/36 | $700,000 | 3.625% | 3.734% | NPFGC | |
| 9/1/37 | $725,000 | 3.625% | 3.766% | NPFGC | |
| 9/1/38 | $750,000 | 3.625% | 3.796% | NPFGC | |
| 9/1/41 | $2,525,000 | 3.75% | 3.877% | NPFGC | |
| 9/1/45 | $3,825,000 | 4.00% | 3.75% | NPFGC |
L.O.: Smith, Murdaugh, Little & Bonham, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 3.898%
SAMCO Cap Mkts, NIC 3.9258%
Northland Securities, NIC 3.9455%
Robert W. Baird, NIC 3.9621%
Hutchinson Shockey, NIC 4.1071%
Moody Independent School District
Jan 19, 2017 . . . . . . $9,285,000
Unlimited Tax Refunding Capital Appreciation Bonds, Series 2017 (bank qualified) (book entry). $8,500,000
Dated Feb 1, 2017.
Due Aug 15, 2017 to 2039.
Callable Aug 15, 2027 at par.
Winning bid: FTN Fin Cap Mkts, at n/a, TIC 2.7587%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $30,000 | 3.00% | 1.00% | PSF | |
| 8/15/18 | $60,000 | 3.00% | 1.10% | PSF | |
| 8/15/19 | $60,000 | 3.00% | 1.20% | PSF | |
| 8/15/22 | $235,000 | 3.00% | 1.60% | PSF | |
| 8/15/23 | $235,000 | 3.00% | 1.70% | PSF | |
| 8/15/24 | $235,000 | 3.00% | 1.85% | PSF | |
| 8/15/25 | $260,000 | 3.00% | 2.00% | PSF | |
| 8/15/26 | $285,000 | 3.00% | 2.10% | PSF | |
| 8/15/27 | $455,000 | 3.00% | 2.20% | PSF | |
| 8/15/28 | $465,000 | 3.00% | 2.25% | PSF | |
| 8/15/29 | $480,000 | 3.00% | 2.35% | PSF | |
| 8/15/30 | $495,000 | 3.00% | 2.40% | PSF | |
| 8/15/31 | $510,000 | 3.00% | 2.45% | PSF | |
| 8/15/32 | $525,000 | 3.00% | 2.50% | PSF | |
| 8/15/33 | $540,000 | 3.00% | 2.55% | PSF | |
| 8/15/34 | $560,000 | 3.00% | 2.60% | PSF | |
| 8/15/35 | $575,000 | 3.00% | 2.65% | PSF | |
| 8/15/36 | $595,000 | 3.25% | 2.70% | PSF | |
| 8/15/37 | $610,000 | 3.25% | 2.75% | PSF | |
| 8/15/38 | $635,000 | 3.50% | 2.80% | PSF | |
| 8/15/39 | $655,000 | 3.50% | 2.85% | PSF |
Unlimited Tax Refunding Bonds, Series 2017 (Maturity Value) (bank qualified) (book entry). $785,000
Dated Feb 1, 2017.
Due Aug 15, 2020 to 2021.
Non-callable.
Winning bid: FTN Fin Cap Mkts, at n/a, TIC 2.7587%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/20 | $395,000 | 0.00% | 1.75% | PSF | |
| 8/15/21 | $390,000 | 0.00% | 1.85% | PSF |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
Hilltop Securities, TIC 2.7621%
PNC Capital Markets, TIC 2.7662%
Northland Securities, TIC 2.9087%
SunTrust Robinson, TIC 2.9158%
Robert W. Baird, TIC 2.9311%
Wells Fargo Secs, TIC 2.9683%
Cantor Fitzgerald, TIC 2.9735%
University of Houston System Board of Regents
Jan 19, 2017 . . . . . . $379,450,000
Consolidated Revenue and Refunding Bonds, Series 2017A (book entry).
Dated Feb 1, 2017.
Due Feb 15, 2018 to 2038.
Callable Feb 15, 2026 at par.
Winning bid: BA Merrill Lynch, at 115.0637, TIC 3.4091%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $8,550,000 | 5.00% | 1.05% | ||
| 2/15/19 | $9,005,000 | 5.00% | 1.27% | ||
| 2/15/20 | $9,455,000 | 5.00% | 1.50% | ||
| 2/15/21 | $9,930,000 | 5.00% | 1.69% | ||
| 2/15/22 | $15,530,000 | 5.00% | 1.89% | ||
| 2/15/23 | $16,525,000 | 5.00% | 2.09% | ||
| 2/15/24 | $17,420,000 | 5.00% | 2.24% | ||
| 2/15/25 | $20,275,000 | 5.00% | 2.36% | ||
| 2/15/26 | $22,020,000 | 5.00% | 2.48% | ||
| 2/15/27 | $23,215,000 | 5.00% | 2.57% | ||
| 2/15/28 | $21,840,000 | 5.00% | 2.65% | ||
| 2/15/29 | $20,480,000 | 5.00% | 2.73% | ||
| 2/15/30 | $20,830,000 | 5.00% | 2.81% | ||
| 2/15/31 | $16,875,000 | 5.00% | 2.89% | ||
| 2/15/32 | $17,905,000 | 5.00% | 2.95% | ||
| 2/15/33 | $22,465,000 | 5.00% | 3.01% | ||
| 2/15/34 | $23,525,000 | 5.00% | 3.07% | ||
| 2/15/35 | $24,740,000 | 5.00% | 3.12% | ||
| 2/15/36 | $25,985,000 | 5.00% | 3.16% | ||
| 2/15/37 | $27,345,000 | 5.00% | 3.19% | ||
| 2/15/38 | $5,535,000 | 5.00% | 3.21% |
L.O.: Andrews Kurth Kenyon LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX.
Other bidders were:
Citigroup, TIC 3.4516%
Wells Fargo Secs, TIC 3.4864%
Goldman Sachs, TIC 3.5078%
JPMorgan, TIC 3.5394%
Morgan Stanley, TIC 3.6179%
WISCONSIN
Blackhawk Technical College District
Jan 18, 2017 . . . . . . $3,500,000
General Obligation Promissory Notes, Series 2017A (bank qualified) (book entry).
Dated Feb 8, 2017.
Due Apr 1, 2017 to 2026.
Callable Apr 1, 2023 at par.
Winning bid: UMB Bank, at 102.4407, TIC 1.9418%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $200,000 | 2.00% | 0.70% | ||
| 4/1/18 | $200,000 | 2.00% | 0.875% | ||
| 4/1/19 | $200,000 | 2.00% | 1.125% | ||
| 4/1/20 | $200,000 | 2.00% | 1.30% | ||
| 4/1/21 | $300,000 | 2.00% | 1.45% | ||
| 4/1/22 | $400,000 | 2.00% | 1.60% | ||
| 4/1/23 | $400,000 | 2.50% | 1.75% | ||
| 4/1/24 | $500,000 | 2.50% | 1.75% | ||
| 4/1/25 | $500,000 | 2.50% | 1.85% | ||
| 4/1/26 | $600,000 | 2.55% | 1.90% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
BOK Fin Secs, TIC 2.0836%
Northland Securities, TIC 2.1103%
Piper Jaffray, TIC 2.1171%
FTN Fin Cap Mkts, TIC 2.1831%
Raymond James, TIC 2.3024%
Fidelity Capital, TIC 2.3146%
TAXABLE ISSUES
TEXAS
University of Houston System Board of Regents
Jan 19, 2017 . . . . . . $11,635,000
Consolidated Revenue and Refunding Bonds, Series 2017B (Taxable) (book entry).
Dated Feb 1, 2017.
Due Feb 15, 2018 to 2038.
Callable Feb 15, 2026 at par.
Winning bid: Robert W. Baird, at 100.1828, TIC 3.622%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $375,000 | 4.00% | 1.15% | ||
| 2/15/19 | $390,000 | 4.00% | 1.50% | ||
| 2/15/20 | $405,000 | 4.00% | 1.80% | ||
| 2/15/21 | $420,000 | 4.00% | 2.10% | ||
| 2/15/22 | $435,000 | 4.00% | 2.30% | ||
| 2/15/23 | $455,000 | 4.00% | 2.45% | ||
| 2/15/24 | $475,000 | 4.00% | 2.65% | ||
| 2/15/25 | $495,000 | 4.00% | 2.80% | ||
| 2/15/26 | $510,000 | 3.00% | 2.90% | ||
| 2/15/27 | $525,000 | 3.00% | 3.05% | ||
| 2/15/28 | $545,000 | 3.10% | 3.20% | ||
| 2/15/29 | $560,000 | 3.25% | 3.30% | ||
| 2/15/30 | $580,000 | 3.30% | 3.40% | ||
| 2/15/31 | $600,000 | 3.40% | 3.50% | ||
| 2/15/32 | $620,000 | 3.50% | 3.60% | ||
| 2/15/38 | $4,245,000 | 3.80% | 3.88% |
Other managers: CL King & Associates, Edward Jones, WNJ Capital, Crews & Associates, Inc., Davenport & Company LLC, Ross, Sinclaire & Associates LLC, Isaak Bond Investments, Inc., Cronin & Co., Inc., Wedbush Securities Inc., R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Bank of New York Mellon Capital Markets, LLC, SumRidge Partners, LLC, Loop Capital Markets, LLC, Sierra Pacific Securities, Alamo Capital, Bernardi Securities, Inc., Commerce Bank, Country Club Bank, First Empire Securities, George K. Baum & Co., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., UMB Bank, N.A.., Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp., FTN Financial Capital Markets.
L.O.: Andrews Kurth Kenyon LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX.
Other bidders were:
Northland Securities, TIC 3.6333%
Raymond James, TIC 3.641%
PNC Capital Markets, TIC 3.6422%
Wells Fargo Secs, TIC 3.6721%
SunTrust Robinson, TIC 3.6894%
SAMCO Cap Mkts, TIC 3.7174%
Piper Jaffray, TIC 3.7395%
Citigroup, TIC 3.8976%
BA Merrill Lynch, TIC 3.9843%
JPMorgan, TIC 4.0156%
