MASSACHUSETTS
Gloucester (City)
Jan 26, 2017 . . . . . . $8,850,000
General Obligation Municipal Purpose Loan of 2017 Bonds (book entry).
Dated Feb 2, 2017.
Due Feb 1, 2018 to 2037.
Callable Feb 1, 2027 at par.
Winning bid: Morgan Stanley, at 104.4211, TIC 3.0689%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $530,000 | 4.00% | 0.95% | ||
| 2/1/19 | $525,000 | 4.00% | 1.16% | ||
| 2/1/20 | $540,000 | 4.00% | 1.35% | ||
| 2/1/21 | $535,000 | 4.00% | 1.57% | ||
| 2/1/22 | $350,000 | 4.00% | 1.75% | ||
| 2/1/23 | $355,000 | 4.00% | 1.93% | ||
| 2/1/24 | $370,000 | 4.00% | 2.15% | ||
| 2/1/25 | $375,000 | 4.00% | 2.30% | ||
| 2/1/26 | $385,000 | 4.00% | 2.42% | ||
| 2/1/27 | $395,000 | 4.00% | 2.53% | ||
| 2/1/28 | $410,000 | 4.00% | 2.62% | ||
| 2/1/29 | $420,000 | 4.00% | 2.71% | ||
| 2/1/30 | $435,000 | 3.00% | 3.00% | ||
| 2/1/31 | $445,000 | 3.00% | 3.10% | ||
| 2/1/32 | $440,000 | 3.125% | 3.21% | ||
| 2/1/33 | $450,000 | 3.25% | 3.352% | ||
| 2/1/34 | $465,000 | 3.375% | 3.473% | ||
| 2/1/35 | $460,000 | 3.50% | 3.576% | ||
| 2/1/36 | $475,000 | 3.625% | 3.662% | ||
| 2/1/37 | $490,000 | 3.625% | 3.696% |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Jefferies LLC, Gates Capital Corp., Winslow, Evans & Crocker.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
BA Merrill Lynch, TIC 3.1307%
JPMorgan, TIC 3.161%
Robert W. Baird, TIC 3.1946%
Roosevelt & Cross, TIC 3.2423%
Gloucester (City)
Jan 26, 2017 . . . . . . $17,193,000
General Obligation Bond Anticipation Notes.
Dated Feb 3, 2017.
Due Feb 2, 2018.
Purchased $17,193,000.00 by JPMorgan, at 2.0%, plus $163,677.36, effective rate 1.0453%.
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 1.0474%
Jefferies, Effective Rate 1.0915%
Eastern Bk Cap Mkts, Effective Rate 1.143%
Century Bk, Effective Rate 1.1845%
Eastern Bk Cap Mkts, Effective Rate 1.234%
Greater Lowell Regional Vocational Technical School District
Jan 26, 2017 . . . . . . $1,900,000
General Obligation Bond Anticipation Notes (renewal).
Dated Feb 22, 2017.
Due Feb 22, 2018.
Purchased $1,900,000.00 by Eastern Bk Cap Mkts, at 1.6%, plus $5,738.00, effective rate 1.298%.
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 1.35%
Oppenheimer, Effective Rate 1.385%
MINNESOTA
Big Lake Independent School District No. 727
Jan 26, 2017 . . . . . . $5,080,000
General Obligation School Building Bonds, Series 2017A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Feb 16, 2017.
Due Feb 1, 2026 to 2033.
Callable Feb 1, 2027 at par.
Winning bid: FTN Fin Cap Mkts, at 100.2993, TIC 2.5131%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/26 | $580,000 | 3.00% | 2.15% | ||
| 2/1/33 | $4,500,000 | 2.50% | 2.50% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Wells Fargo Secs, TIC 2.65%
Northland Securities, TIC 2.6697%
PNC Capital Markets, TIC 2.6734%
Robert W. Baird, TIC 2.6832%
Piper Jaffray, TIC 2.7416%
Stifel Nicolaus, TIC 2.7726%
Raymond James, TIC 2.9045%
NEW YORK
Batavia City School District
Jan 26, 2017 . . . . . . $4,252,321
School District Serial Bonds, 2017 (New York State Aid) (bank qualified) (book entry).
Dated Feb 16, 2017.
Due Dec 15, 2017 to 2030.
Callable Dec 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.5024, NIC 2.4892%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/17 | $242,321 | 2.00% | 0.90% | ||
| 12/15/18 | $265,000 | 2.00% | 1.10% | ||
| 12/15/19 | $275,000 | 2.00% | 1.35% | ||
| 12/15/20 | $280,000 | 2.00% | 1.55% | ||
| 12/15/21 | $290,000 | 2.00% | 1.70% | ||
| 12/15/22 | $290,000 | 2.00% | 1.85% | ||
| 12/15/23 | $295,000 | 2.125% | 2.00% | ||
| 12/15/24 | $305,000 | 2.25% | 2.15% | ||
| 12/15/25 | $315,000 | 2.375% | 2.25% | ||
| 12/15/26 | $320,000 | 2.50% | 2.30% | ||
| 12/15/27 | $335,000 | 2.625% | 2.40% | ||
| 12/15/28 | $345,000 | 2.75% | 2.50% | ||
| 12/15/29 | $350,000 | 3.00% | 2.60% | ||
| 12/15/30 | $345,000 | 3.00% | 2.70% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc., Edward Jones, Oppenheimer & Co., Inc., Bank of New York Mellon Capital Markets, LLC.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
SunTrust Robinson, NIC 2.5626%
Robert W. Baird, NIC 2.5644%
Northland Securities, NIC 2.6354%
Piper Jaffray, NIC 2.7457%
East Greenbush Central School District
Jan 26, 2017 . . . . . . $13,535,000
Bond Anticipation Notes for Various Purposes -2017.
Dated Feb 9, 2017.
Due Feb 9, 2018.
Purchased $13,535,000.00 by Jefferies, at 2.0%, plus $116,133.00, effective rate 1.142%.
L.O.: Hawkins, Delafield & Wood.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
TD Securities, Effective Rate 1.196%
Oppenheimer, Effective Rate 1.235%
JPMorgan, Effective Rate 1.266%
JPMorgan Chase, Effective Rate 1.35%
Freeport Village
Jan 26, 2017 . . . . . . $2,925,500
Bond Anticipation Notes - 2017 Series A.
Dated Feb 7, 2017.
Due May 3, 2017.
Purchased $2,925,500.00 by Piper Jaffray, at 2.0%, plus $5,792.49, effective rate 1.1712%.
L.O.: Harris Beach PLLC, Hempstead, NY.
F.A.: Liberty Capital Services LLC, East Williston, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.39%
Roosevelt & Cross, Effective Rate 1.6054%
Jefferies, Effective Rate 2.2416%
Haverstraw Village
Jan 12, 2017 . . . . . . $1,800,000
Bond Anticipation Notes - 2017 Series A (bank qualified).
Dated Jan 19, 2017.
Due Dec 20, 2017.
Purchased $1,800,000.00 by Oppenheimer, at 2.0%, plus $5,742.00, effective rate 1.6531%.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Sterling Natl Bk, Effective Rate 1.99%
Pittsford Central School District
Jan 26, 2017 . . . . . . $28,905,493
Bond Anticipation Notes, 2017.
Dated Feb 9, 2017.
Due Feb 9, 2018.
Purchased $11,000,000.00 by Jefferies, at 2.0%, plus $102,852.00, effective rate 1.065%.
Purchased $17,905,490.00 by Jefferies, at 2.0%, plus $163,300.00, effective rate 1.088%.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.097%
JPMorgan, Effective Rate 1.108%
Oppenheimer, Effective Rate 1.199%
Oppenheimer, Effective Rate 1.275%
JPMorgan Chase, Effective Rate 1.32%
Southold (Town)
Jan 26, 2017 . . . . . . $400,000
Revenue Anticipation Notes for Fishers Island Ferry District - 2017.
Dated Feb 7, 2017.
Due Feb 7, 2018.
Purchased $400,000.00 by Oppenheimer, at 2.25%, plus $248.00, effective rate 2.188%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Capital One Pub Fund, Effective Rate 2.74%
PENNSYLVANIA
Pottstown Borough
Jan 26, 2017 . . . . . . $2,640,000
General Obligation Bonds, Series of 2017 (bank qualified) (book entry).
Dated Feb 24, 2017.
Due Jun 1, 2017 to 2028.
Callable Dec 1, 2021 at par.
Winning bid: Janney Montgomery, at n/a, TIC 2.4674%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/17 | $180,000 | 1.00% | 1.00% | ||
| 6/1/18 | $195,000 | 1.05% | 1.05% | ||
| 6/1/19 | $200,000 | 3.00% | 1.35% | ||
| 6/1/20 | $210,000 | 4.00% | 1.60% | ||
| 6/1/21 | $220,000 | 4.00% | 1.80% | ||
| 6/1/22 | $225,000 | 2.00% | 2.00% | ||
| 6/1/23 | $230,000 | 2.15% | 2.20% | ||
| 6/1/24 | $235,000 | 2.30% | 2.35% | ||
| 6/1/25 | $240,000 | 2.40% | 2.45% | ||
| 6/1/26 | $245,000 | 2.55% | 2.60% | ||
| 6/1/27 | $250,000 | 2.65% | 2.65% | ||
| 6/1/28 | $210,000 | 2.75% | 2.75% |
L.O.: Lamb McErlane, P.C., West Chester, PA.
F.A.: PFM Financial Advisors LLC, Malvern, PA.
Other bidders were:
Robert W. Baird, TIC 2.4882%
Raymond James, TIC 2.6999%
Roosevelt & Cross, TIC 2.7059%
TEXAS
Brock Independent School District
Jan 26, 2017 . . . . . . $18,000,000
Unlimited Tax School Building Bonds, Series 2017 (book entry).
Dated Feb 15, 2017.
Due Aug 15, 2018 to 2042.
Callable Aug 15, 2026 at par.
Winning bid: Robert W. Baird, at 100.8379, TIC 3.565%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/18 | $150,000 | 4.00% | 1.10% | PSF | |
| 8/15/19 | $185,000 | 4.00% | 1.30% | PSF | |
| 8/15/20 | $220,000 | 4.00% | 1.50% | PSF | |
| 8/15/21 | $250,000 | 4.00% | 1.70% | PSF | |
| 8/15/22 | $295,000 | 5.00% | 1.90% | PSF | |
| 8/15/23 | $360,000 | 5.00% | 2.15% | PSF | |
| 8/15/24 | $430,000 | 5.00% | 2.35% | PSF | |
| 8/15/25 | $475,000 | 5.00% | 2.50% | PSF | |
| 8/15/26 | $575,000 | 5.00% | 2.60% | PSF | |
| 8/15/27 | $710,000 | 5.00% | 2.70% | PSF | |
| 8/15/28 | $795,000 | 4.00% | 2.90% | PSF | |
| 8/15/29 | $825,000 | 3.00% | 3.00% | PSF | |
| 8/15/30 | $900,000 | 3.00% | 3.10% | PSF | |
| 8/15/31 | $920,000 | 3.00% | 3.20% | PSF | |
| 8/15/32 | $950,000 | 3.25% | 3.30% | PSF | |
| 8/15/35 | $745,000 | 3.375% | 3.50% | PSF | |
| 8/15/36 | $1,305,000 | 3.50% | 3.60% | PSF | |
| 8/15/37 | $1,315,000 | 3.50% | 3.65% | PSF | |
| 8/15/38 | $1,315,000 | 3.50% | 3.70% | PSF | |
| 8/15/39 | $1,320,000 | 3.50% | 3.73% | PSF | |
| 8/15/40 | $1,320,000 | 3.50% | 3.74% | PSF | |
| 8/15/42 | $2,640,000 | 3.75% | 3.75% | PSF |
Other managers: CL King & Associates, Edward Jones, SAMCO Capital Markets, 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, Alamo Capital, Bernardi Securities, Inc., IFS Securities, Country Club Bank, First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp..
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
BA Merrill Lynch, TIC 3.585%
Piper Jaffray, TIC 3.6368%
Citigroup, TIC 3.6494%
Hutchinson Shockey, TIC 3.6728%
Morgan Stanley, TIC 3.6796%
La Vernia Independent School District
Jan 25, 2017 . . . . . . $4,740,000
Unlimited Tax Refunding Bonds, Series 2017 (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Aug 15, 2019 to 2033.
Callable Aug 15, 2026 at par.
Winning bid: Cantor Fitzgerald, at 106.0956, TIC 2.3832%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/19 | $325,000 | 3.00% | 1.15% | PSF | |
| 8/15/20 | $340,000 | 3.00% | 1.35% | PSF | |
| 8/15/21 | $350,000 | 3.00% | 1.50% | PSF | |
| 8/15/22 | $360,000 | 3.00% | 1.70% | PSF | |
| 8/15/23 | $645,000 | 3.00% | 1.80% | PSF | |
| 8/15/24 | $250,000 | 4.00% | 2.00% | PSF | |
| 8/15/25 | $260,000 | 4.00% | 2.10% | PSF | |
| 8/15/26 | $270,000 | 4.00% | 2.20% | PSF | |
| 8/15/27 | $285,000 | 3.00% | 2.25% | PSF | |
| 8/15/28 | $295,000 | 3.00% | 2.35% | PSF | |
| 8/15/29 | $305,000 | 3.00% | 2.45% | PSF | |
| 8/15/30 | $310,000 | 3.00% | 2.55% | PSF | |
| 8/15/31 | $315,000 | 3.00% | 2.65% | PSF | |
| 8/15/33 | $430,000 | 3.00% | 2.80% | PSF |
Other managers: Citigroup Global Markets, Inc., Piper Jaffray & Company.
L.O.: Andrews Kurth Kenyon LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
Wells Fargo Secs, TIC 2.3903%
Robert W. Baird, TIC 2.3986%
FTN Fin Cap Mkts, TIC 2.4072%
SAMCO Cap Mkts, TIC 2.4239%
Northland Securities, TIC 2.4469%
BOK Fin Secs, TIC 2.462%
PNC Capital Markets, TIC 2.4842%
Raymond James, TIC 2.5078%
Sheldon Independent School District
Jan 26, 2017 . . . . . . $96,835,000
Unlimited Tax School Building and Refunding Bonds, Series 2017 (book entry).
Dated Feb 1, 2017.
Due Feb 15, 2018 to 2042.
Callable Feb 15, 2027 at par.
Winning bid: BA Merrill Lynch, at 105.0191, TIC 3.4751%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $2,160,000 | 5.00% | 1.00% | PSF | |
| 2/15/19 | $2,270,000 | 5.00% | 1.24% | PSF | |
| 2/15/20 | $2,385,000 | 5.00% | 1.45% | PSF | |
| 2/15/21 | $2,510,000 | 5.00% | 1.67% | PSF | |
| 2/15/22 | $2,635,000 | 5.00% | 1.89% | PSF | |
| 2/15/23 | $2,770,000 | 5.00% | 2.09% | PSF | |
| 2/15/24 | $2,915,000 | 5.00% | 2.28% | PSF | |
| 2/15/25 | $3,065,000 | 5.00% | 2.43% | PSF | |
| 2/15/26 | $3,220,000 | 5.00% | 2.54% | PSF | |
| 2/15/27 | $3,385,000 | 5.00% | 2.63% | PSF | |
| 2/15/28 | $3,540,000 | 4.00% | 2.83% | PSF | |
| 2/15/29 | $3,685,000 | 4.00% | 3.00% | PSF | |
| 2/15/30 | $3,815,000 | 3.00% | 3.142% | PSF | |
| 2/15/31 | $3,935,000 | 3.125% | 3.293% | PSF | |
| 2/15/32 | $4,065,000 | 3.25% | 3.40% | PSF | |
| 2/15/33 | $4,215,000 | 4.00% | 3.36% | PSF | |
| 2/15/34 | $4,385,000 | 4.00% | 3.42% | PSF | |
| 2/15/35 | $4,550,000 | 3.375% | 3.564% | PSF | |
| 2/15/36 | $4,720,000 | 4.00% | 3.54% | PSF | |
| 2/15/37 | $4,915,000 | 4.00% | 3.57% | PSF | |
| 2/15/38 | $5,115,000 | 4.00% | 3.58% | PSF | |
| 2/15/39 | $5,320,000 | 4.00% | 3.59% | PSF | |
| 2/15/40 | $5,540,000 | 4.00% | 3.60% | PSF | |
| 2/15/42 | $11,720,000 | 3.625% | 3.781% | PSF |
L.O.: Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
Wells Fargo Secs, TIC 3.52%
Robert W. Baird, TIC 3.5796%
Citigroup, TIC 3.6691%
JPMorgan, TIC 3.7295%
Raymond James, TIC 3.746%
