CALIFORNIA
Encinitas Public Financing Authority
Feb 7, 2017 . . . . . . $11,955,000
2017 Lease Revenue Refunding Bonds, Series A (Park Project) (book entry).
Dated Mar 2, 2017.
Due Apr 1, 2018 to 2031.
Callable Apr 1, 2027 at par.
Winning bid: Fidelity Capital, at 110.7289, TIC 2.5947%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $580,000 | 5.00% | 0.95% | ||
| 4/1/19 | $645,000 | 5.00% | 1.12% | ||
| 4/1/20 | $680,000 | 5.00% | 1.30% | ||
| 4/1/21 | $715,000 | 5.00% | 1.47% | ||
| 4/1/22 | $750,000 | 5.00% | 1.69% | ||
| 4/1/23 | $785,000 | 5.00% | 1.84% | ||
| 4/1/24 | $825,000 | 5.00% | 2.04% | ||
| 4/1/25 | $870,000 | 5.00% | 2.22% | ||
| 4/1/26 | $910,000 | 5.00% | 2.38% | ||
| 4/1/27 | $955,000 | 5.00% | 2.50% | ||
| 4/1/28 | $1,005,000 | 4.00% | 2.72% | ||
| 4/1/30 | $2,125,000 | 3.00% | 3.00% | ||
| 4/1/31 | $1,110,000 | 3.00% | 3.08% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, UBS Financial Services, Inc., Wedbush Securities Inc..
L.O.: Best, Best & Krieger LLP, Riverside, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
Other bidders were:
Morgan Stanley, TIC 2.6858%
JPMorgan, TIC 2.7439%
Robert W. Baird, TIC 2.7827%
Hilltop Securities, TIC 2.8178%
Citigroup, TIC 2.8253%
CONNECTICUT
Bethel (Town)
Feb 7, 2017 . . . . . . $10,455,000
General Obligation Bond Anticipation Notes.
Dated Feb 17, 2017.
Due Oct 17, 2017.
Purchased $10,455,000.00 by TD Securities, at 1.25%, plus $17,459.85, effective rate 0.9995%.
L.O.: Pullman & Comley, Bridgeport, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
TD Bank, N.A., Effective Rate 1.0%
Eastern Bk Cap Mkts, Effective Rate 1.024%
Oppenheimer, Effective Rate 1.1761%
Stafford (Town)
Feb 7, 2017 . . . . . . $1,410,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Feb 16, 2017.
Due Aug 2, 2017.
Purchased $1,410,000.00 by Eastern Bk Cap Mkts, at 1.3%, plus $39.01, effective rate 1.294%.
L.O.: Shipman & Goodwin, Hartford, CT.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Glastonbury, CT.
Other bidders were:
Oppenheimer, Effective Rate 1.8993%
GEORGIA
Dekalb County School District
Feb 7, 2017 . . . . . . $131,025,000
General Obligation Sales Tax Bonds, Series 2017 (book entry).
Dated Mar 2, 2017.
Due Oct 1, 2019 to 2022.
Non-callable.
Winning bid: JPMorgan, at 109.4433, TIC 1.4951%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/19 | $36,655,000 | 4.00% | 1.208% | ||
| 10/1/20 | $37,145,000 | 4.00% | 1.36% | ||
| 10/1/21 | $37,755,000 | 4.00% | 1.53% | ||
| 10/1/22 | $19,470,000 | 4.00% | 1.70% |
In association with: Hilltop Securities Inc., Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Kutak Rock, Atlanta, GA.
F.A.: First Tryon Advisors, Charlotte, NC.
Other bidders were:
Wells Fargo Secs, TIC 1.5283%
Citigroup, TIC 1.5319%
Raymond James, TIC 1.5898%
US Bancorp Invest, TIC 1.5997%
BA Merrill Lynch, TIC 1.6049%
ILLINOIS
Deerfield Village
Feb 6, 2017 . . . . . . $5,700,000
General Obligation Bonds, Series 2017 (bank qualified) (book entry).
Dated Feb 28, 2017.
Due Dec 1, 2017 to 2036.
Callable Dec 1, 2025 at par.
Winning bid: Piper Jaffray, at n/a, TIC 3.0575%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/17 | $35,000 | 3.00% | 1.00% | ||
| 12/1/18 | $245,000 | 3.00% | 1.18% | ||
| 12/1/19 | $255,000 | 3.00% | 1.39% | ||
| 12/1/20 | $265,000 | 3.00% | 1.65% | ||
| 12/1/21 | $270,000 | 3.00% | 1.80% | ||
| 12/1/22 | $280,000 | 3.00% | 2.00% | ||
| 12/1/23 | $290,000 | 3.00% | 2.10% | ||
| 12/1/24 | $300,000 | 3.00% | 2.25% | ||
| 12/1/25 | $310,000 | 3.00% | 2.40% | ||
| 12/1/26 | $320,000 | 3.00% | 2.55% | ||
| 12/1/28 | $675,000 | 3.25% | 2.75% | ||
| 12/1/32 | $455,000 | 3.25% | 3.00% | ||
| 12/1/33 | $475,000 | 3.50% | 3.05% | ||
| 12/1/34 | $490,000 | 3.75% | 3.10% | ||
| 12/1/35 | $510,000 | 3.75% | 3.15% | ||
| 12/1/36 | $525,000 | 3.75% | 3.20% |
Other managers: Cantor Fitzgerald & Company, Citigroup Global Markets, Inc..
L.O.: Katten Muchin Rosenman LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Bernardi Securities, TIC 3.0583%
FTN Fin Cap Mkts, TIC 3.0588%
Robert W. Baird, TIC 3.1131%
D.A. Davidson, TIC 3.1822%
Fifth Third Secs, TIC 3.1956%
Stifel Nicolaus, TIC 3.2357%
KeyBanc Cap Mkts, TIC 3.2371%
Mesirow Financial, TIC 3.2446%
IOWA
Cedar Falls Community School District
Feb 7, 2017 . . . . . . $32,000,000
General Obligation School Bonds, Series 2017 (book entry).
Dated Mar 13, 2017.
Due Jun 1, 2018 to 2036.
Callable Jun 1, 2026 at par.
Winning bid: Piper Jaffray, at n/a, TIC 3.0784%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $1,045,000 | 4.00% | 1.10% | ||
| 6/1/19 | $1,335,000 | 4.00% | 1.18% | ||
| 6/1/20 | $1,400,000 | 4.00% | 1.39% | ||
| 6/1/21 | $1,425,000 | 4.00% | 1.58% | ||
| 6/1/22 | $1,450,000 | 4.00% | 1.80% | ||
| 6/1/23 | $1,475,000 | 3.50% | 2.00% | ||
| 6/1/24 | $1,510,000 | 5.00% | 2.18% | ||
| 6/1/25 | $1,545,000 | 5.00% | 2.36% | ||
| 6/1/26 | $1,585,000 | 3.00% | 2.50% | ||
| 6/1/27 | $1,730,000 | 3.00% | 2.67% | ||
| 6/1/28 | $1,730,000 | 3.00% | 2.81% | ||
| 6/1/30 | $3,525,000 | 3.00% | 3.07% | ||
| 6/1/31 | $1,855,000 | 3.00% | 3.20% | ||
| 6/1/32 | $1,920,000 | 3.125% | 3.33% | ||
| 6/1/33 | $1,995,000 | 3.25% | 3.44% | ||
| 6/1/34 | $2,075,000 | 3.375% | 3.50% | ||
| 6/1/35 | $2,155,000 | 3.375% | 3.55% | ||
| 6/1/36 | $2,245,000 | 3.50% | 3.60% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Speer Financial, Inc., Chicago, IL; and Speer Financial, Inc., Waterloo, IA.
Other bidders were:
Citigroup, TIC 3.1998%
Hutchinson Shockey, TIC 3.2089%
Wells Fargo Secs, TIC 3.2337%
JPMorgan, TIC 3.3111%
KANSAS
Stockton Public Building Commission
Feb 7, 2017 . . . . . . $2,500,000
Revenue Bonds, Series 2017A (bank qualified) (book entry).
Dated Feb 23, 2017.
Due Oct 1, 2018 to 2036.
Callable Oct 1, 2022 at par.
Winning bid: Commerce Bank, at 103.1980, NIC 3.3216%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/18 | $100,000 | 3.00% | 1.25% | ||
| 10/1/19 | $100,000 | 3.00% | 1.45% | ||
| 10/1/20 | $105,000 | 3.00% | 1.60% | ||
| 10/1/21 | $105,000 | 3.00% | 1.80% | ||
| 10/1/22 | $110,000 | 3.00% | 1.95% | ||
| 10/1/23 | $115,000 | 3.00% | 2.20% | ||
| 10/1/24 | $115,000 | 3.00% | 2.35% | ||
| 10/1/25 | $120,000 | 3.00% | 2.50% | ||
| 10/1/26 | $125,000 | 3.00% | 2.60% | ||
| 10/1/27 | $130,000 | 3.00% | 2.70% | ||
| 10/1/28 | $130,000 | 3.00% | 2.80% | ||
| 10/1/29 | $135,000 | 3.00% | 2.90% | ||
| 10/1/30 | $140,000 | 3.50% | 2.90% | ||
| 10/1/31 | $145,000 | 4.00% | 2.50% | ||
| 10/1/32 | $150,000 | 4.00% | 2.55% | ||
| 10/1/33 | $160,000 | 4.00% | 2.60% | ||
| 10/1/34 | $165,000 | 4.00% | 2.70% | ||
| 10/1/35 | $170,000 | 4.00% | 2.80% | ||
| 10/1/36 | $180,000 | 4.00% | 2.90% |
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Citycode Financial, LLC, Wichita, KS.
Other bidders were:
Cooper Malone, NIC 3.62%
Robert W. Baird, NIC 3.6374%
D.A. Davidson, NIC 3.6815%
MASSACHUSETTS
Bedford (Town)
Feb 7, 2017 . . . . . . $6,633,000
General Obligation Municipal Purpose Loan of 2017 Bonds (bank qualified) (book entry).
Dated Feb 23, 2017.
Due Feb 15, 2018 to 2037.
Callable Feb 15, 2027 at par.
Winning bid: Citigroup, at 103.4428, TIC 2.4976%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $468,000 | 3.00% | 1.00% | ||
| 2/15/19 | $445,000 | 3.00% | 1.06% | ||
| 2/15/20 | $445,000 | 3.00% | 1.30% | ||
| 2/15/21 | $445,000 | 3.00% | 1.45% | ||
| 2/15/22 | $430,000 | 3.00% | 1.60% | ||
| 2/15/23 | $380,000 | 3.00% | 1.75% | ||
| 2/15/24 | $380,000 | 3.00% | 1.90% | ||
| 2/15/25 | $380,000 | 3.00% | 2.00% | ||
| 2/15/26 | $380,000 | 3.00% | 2.07% | ||
| 2/15/27 | $380,000 | 2.50% | 2.26% | ||
| 2/15/28 | $255,000 | 2.50% | 2.39% | ||
| 2/15/29 | $255,000 | 2.50% | 2.50% | ||
| 2/15/30 | $255,000 | 2.75% | 2.55% | ||
| 2/15/31 | $255,000 | 3.00% | 2.60% | ||
| 2/15/33 | $500,000 | 3.00% | 2.75% | ||
| 2/15/35 | $500,000 | 3.00% | 2.90% | ||
| 2/15/37 | $480,000 | 3.25% | 3.00% |
Other managers: Cantor Fitzgerald & Company, Piper Jaffray & Company.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Wells Fargo Secs, TIC 2.5106%
Robert W. Baird, TIC 2.52%
SunTrust Robinson, TIC 2.5593%
Janney Montgomery, TIC 2.5603%
Northland Securities, TIC 2.5616%
FTN Fin Cap Mkts, TIC 2.5924%
Fidelity Capital, TIC 2.6824%
Raymond James, TIC 2.7089%
UBS Financial Svcs, TIC 2.7095%
Lexington (Town)
Feb 7, 2017 . . . . . . $13,387,096
General Obligation Bond Anticipation Notes (new money & renewal).
Dated Feb 16, 2017.
Due Feb 16, 2018.
Purchased $13,387,100.00 by Eastern Bk Cap Mkts, at 1.25%, plus $38,956.45, effective rate 0.959%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Morgan Stanley, Effective Rate 0.97%
Oppenheimer, Effective Rate 0.9885%
JPMorgan, Effective Rate 0.99%
Morgan Stanley, Effective Rate 1.011%
Jefferies, Effective Rate 1.035%
TD Securities, Effective Rate 1.035%
Century Bk, Effective Rate 1.19%
Lexington (Town)
Feb 7, 2017 . . . . . . $45,475,000
General Obligation Municipal Purpose Loan of 2017 Bonds (book entry).
Dated Feb 16, 2017.
Due Feb 15, 2018 to 2047.
Callable Feb 15, 2027 at par.
Winning bid: Robert W. Baird, at 104.5504, TIC 3.0593%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $2,710,000 | 2.00% | 0.95% | ||
| 2/15/19 | $2,665,000 | 3.00% | 1.06% | ||
| 2/15/20 | $2,650,000 | 3.00% | 1.23% | ||
| 2/15/21 | $2,635,000 | 4.00% | 1.38% | ||
| 2/15/22 | $2,420,000 | 4.00% | 1.57% | ||
| 2/15/23 | $2,015,000 | 4.00% | 1.72% | ||
| 2/15/24 | $2,010,000 | 4.00% | 1.88% | ||
| 2/15/25 | $2,010,000 | 4.00% | 2.06% | ||
| 2/15/26 | $2,005,000 | 4.00% | 2.20% | ||
| 2/15/27 | $1,890,000 | 4.00% | 2.30% | ||
| 2/15/28 | $1,140,000 | 4.00% | 2.59% | ||
| 2/15/29 | $1,135,000 | 4.00% | 2.75% | ||
| 2/15/30 | $1,135,000 | 4.00% | 2.80% | ||
| 2/15/31 | $1,135,000 | 3.00% | 3.10% | ||
| 2/15/32 | $1,135,000 | 3.125% | 3.20% | ||
| 2/15/33 | $1,135,000 | 3.25% | 3.30% | ||
| 2/15/34 | $1,135,000 | 3.25% | 3.35% | ||
| 2/15/35 | $1,135,000 | 3.25% | 3.40% | ||
| 2/15/36 | $1,135,000 | 3.375% | 3.45% | ||
| 2/15/37 | $1,135,000 | 3.375% | 3.50% | ||
| 2/15/38 | $1,130,000 | 3.375% | 3.51% | ||
| 2/15/39 | $1,130,000 | 3.40% | 3.52% | ||
| 2/15/42 | $3,390,000 | 3.40% | 3.55% | ||
| 2/15/47 | $5,460,000 | 3.50% | 3.60% |
Other managers: Eastern Bank Capital Markets, Ross, Sinclaire & Associates LLC, CL King & Associates, Edward Jones, Oppenheimer & Co., Inc., Loop Capital Markets, LLC, Crews & Associates, Inc., Davenport & Company LLC, WNJ Capital, R. Seelaus & Co., Inc., Northland Securities, Inc., Sierra Pacific Securities, Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Bernardi Securities, Inc., SumRidge Partners, LLC, Alamo Capital, Wayne Hummer & Co., First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., IFS Securities, Midland Securities Ltd, Lafayette Investments, Inc., Dougherty & Company LLC, UMB Bank, N.A.., FMSbonds, Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Piper Jaffray, TIC 3.0878%
Fidelity Capital, TIC 3.0978%
Mesirow Financial, TIC 3.102%
BA Merrill Lynch, TIC 3.1603%
FTN Fin Cap Mkts, TIC 3.19%
Wells Fargo Secs, TIC 3.2209%
UBS Financial Svcs, TIC 3.2379%
JPMorgan, TIC 3.2456%
MICHIGAN
Harbor Springs Public Schools
Feb 7, 2017 . . . . . . $6,455,000
2017 Refunding Bonds (General Obligation - Unlimited Tax) (bank qualified).
Dated Mar 2, 2017.
Due May 1, 2018 to 2022.
Non-callable.
Winning bid: KeyBanc Cap Mkts, at 103.8115, TIC 1.5726%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $1,570,000 | 3.00% | 1.05% | ||
| 5/1/19 | $1,520,000 | 3.00% | 1.21% | ||
| 5/1/20 | $1,570,000 | 3.00% | 1.43% | ||
| 5/1/21 | $1,615,000 | 3.00% | 1.62% | ||
| 5/1/22 | $180,000 | 3.00% | 1.81% |
L.O.: Varnum LLP, Grand Rapids, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Raymond James, TIC 1.5952%
Robert W. Baird, TIC 1.5962%
CFC Capital, TIC 1.606%
FTN Fin Cap Mkts, TIC 1.6085%
J.J.B. Hilliard, TIC 1.6307%
BOK Fin Secs, TIC 1.6393%
Fifth Third Secs, TIC 1.6401%
Northland Securities, TIC 1.6647%
Wells Fargo Secs, TIC 1.6778%
NEVADA
Nevada
Feb 7, 2017 . . . . . . $167,665,000
Highway Improvement Revenue (Motor Vehicle Fule Tax) Bonds Series 2017 (book entry).
Dated Feb 28, 2017.
Due Dec 1, 2030 to 2034.
Callable Jun 1, 2027 at par.
Winning bid: BA Merrill Lynch, at 110.6654, TIC 3.462%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/30 | $30,530,000 | 5.00% | 2.80% | ||
| 12/1/31 | $32,060,000 | 5.00% | 2.88% | ||
| 12/1/32 | $33,660,000 | 4.00% | 3.23% | ||
| 12/1/33 | $35,005,000 | 4.00% | 3.29% | ||
| 12/1/34 | $36,410,000 | 4.00% | 3.35% |
L.O.: Sherman & Howard L.L.C., Reno, NV.
F.A.: Hobbs, Ong & Associates, Inc., Las Vegas, NV; and PFM Financial Advisors LLC, San Francisco, CA.
Other bidders were:
JPMorgan, TIC 3.5174%
Wells Fargo Secs, TIC 3.528%
Citigroup, TIC 3.5386%
US Bancorp Invest, TIC 3.5453%
Morgan Stanley, TIC 3.5625%
Goldman Sachs, TIC 3.5979%
Barclays Capital, TIC 3.604%
NEW JERSEY
Avon-by-the-Sea Borough
Feb 7, 2017 . . . . . . $2,187,300
Bond Anticipation Notes (bank qualified).
Dated Feb 15, 2017.
Due Feb 14, 2018.
Purchased $2,187,300.00 by Wells Fargo Bk, at 1.38%, effective rate 1.38%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 1.6647%
Investors Bank, Effective Rate 2.0%
Oppenheimer, Effective Rate 2.4178%
Chester Township
Feb 7, 2017 . . . . . . $5,817,000
Bond Anticipation Note (bank qualified).
Dated Feb 16, 2017.
Due Oct 16, 2017.
Purchased $5,817,000.00 by Jefferies, at 2.0%, plus $38,103.00, effective rate 1.017%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 1.1%
TD Securities, Effective Rate 1.131%
Oppenheimer, Effective Rate 1.255%
Leonia Borough
Feb 7, 2017 . . . . . . $5,342,519
General Obligation Bond Anticipation Notes (bank qualified).
Dated Feb 17, 2017.
Due Feb 16, 2018.
Purchased $5,342,520.00 by TD Bank, N.A., at 1.14%, effective rate 1.14%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 1.3342%
Jefferies, Effective Rate 1.3642%
Oppenheimer, Effective Rate 1.3853%
Millstone Township
Feb 7, 2017 . . . . . . $7,661,668
Bond Anticipation Note (bank qualified).
Dated Feb 15, 2017.
Due Feb 14, 2018.
Purchased $7,661,670.00 by Jefferies, at 2.0%, plus $61,601.00, effective rate 1.193%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 1.213%
Oppenheimer, Effective Rate 1.2549%
NEW YORK
Apalachin Fire District in the Town of Owego
Feb 7, 2017 . . . . . . $2,500,000
Bond Anticipation Notes for Fire District Building-2017 (bank qualified).
Dated Feb 21, 2017.
Due Feb 20, 2018.
Purchased $2,500,000.00 by Oppenheimer, at 2.0%, plus $6,576.00, effective rate 1.7362%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.9905%
Ithaca (City)
Feb 7, 2017 . . . . . . $28,456,643
Bond Anticipation Notes, 2017 Series A.
Dated Feb 17, 2017.
Due Feb 16, 2018.
Purchased $28,456,640.00 by Jefferies, at 2.0%, plus $255,828.00, effective rate 1.0985%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.1432%
Oppenheimer, Effective Rate 1.1757%
Oppenheimer, Effective Rate 1.2399%
Bank of America, Effective Rate 1.31%
JPMorgan Chase, Effective Rate 1.49%
Lloyd (Town)
Feb 7, 2017 . . . . . . $2,839,000
Bond Anticipation Notes for Water Purposes - 2017 (bank qualified).
Dated Feb 16, 2017.
Due Feb 16, 2018.
Purchased $2,839,000.00 by JPMorgan Chase, at 1.47%, effective rate 1.47%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.8116%
Roosevelt & Cross, Effective Rate 1.892%
M & T Bank, Effective Rate 1.9%
Long Beach (City)
Feb 7, 2017 . . . . . . $6,859,500
Public Improvement Serial Bonds - 2017 Series A (book entry).
Dated Feb 15, 2017.
Due Feb 15, 2018 to 2036.
Callable Feb 15, 2025 at par.
Winning bid: Roosevelt & Cross, at 100.0000, TIC 3.3393%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $274,500 | 3.125% | 1.00% | AGM | |
| 2/15/19 | $280,000 | 3.25% | 1.20% | AGM | |
| 2/15/20 | $285,000 | 3.25% | 1.40% | AGM | |
| 2/15/21 | $295,000 | 3.25% | 1.60% | AGM | |
| 2/15/22 | $300,000 | 3.25% | 1.80% | AGM | |
| 2/15/23 | $310,000 | 3.25% | 2.00% | AGM | |
| 2/15/24 | $315,000 | 3.25% | 2.17% | AGM | |
| 2/15/25 | $325,000 | 3.25% | 2.35% | AGM | |
| 2/15/26 | $335,000 | 3.25% | 2.50% | AGM | |
| 2/15/27 | $350,000 | 3.25% | 2.65% | AGM | |
| 2/15/28 | $360,000 | 3.25% | 2.85% | AGM | |
| 2/15/29 | $375,000 | 3.25% | 3.00% | AGM | |
| 2/15/30 | $390,000 | 3.25% | 3.10% | AGM | |
| 2/15/31 | $400,000 | 3.25% | 3.20% | AGM | |
| 2/15/32 | $420,000 | 3.25% | 3.25% | AGM | |
| 2/15/33 | $435,000 | 3.375% | 3.375% | AGM | |
| 2/15/34 | $450,000 | 3.50% | 3.45% | AGM | |
| 2/15/35 | $470,000 | 3.50% | 3.50% | AGM | |
| 2/15/36 | $490,000 | 3.50% | 3.55% | AGM |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates, Inc., R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc., Oppenheimer & Co., Inc..
L.O.: Harris Beach PLLC, Hempstead, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
Morgan Stanley, TIC 3.3964%
BA Merrill Lynch, TIC 3.531%
JPMorgan, TIC 3.6467%
Long Beach (City)
Feb 7, 2017 . . . . . . $17,185,500
Bond Anticipation Notes-2017 Series A.
Dated Feb 15, 2017.
Due Feb 15, 2018.
Purchased $8,000,000.00 by TD Securities, at 2.0%, plus $42,800.00, effective rate 1.465%.
Purchased $9,185,500.00 by JPMorgan, at 2.5%, plus $94,702.50, effective rate 1.469%.
L.O.: Harris Beach PLLC, Hempstead, NY.
F.A.: Capital Markets Advisors, LLC, Syosset, NY.
Other bidders were:
JPMorgan, Effective Rate 1.469%
Roosevelt & Cross, Effective Rate 1.495%
JPMorgan Chase, Effective Rate 1.54%
Jefferies, Effective Rate 1.579%
Oppenheimer, Effective Rate 1.732%
Flushing Comm Bk, Effective Rate 2.0%
Lynbrook Village
Feb 7, 2017 . . . . . . $335,000
Bond Anticipation Notes for Sanitation Trucks- 2017 Series A (bank qualified).
Dated Feb 15, 2017.
Due Feb 15, 2018.
Purchased $335,000.00 by Valley National Bank, at 1.49%, effective rate 1.49%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Liberty Capital Services LLC, East Williston, NY.
Other bidders were:
Capital One, Effective Rate 1.97%
Bank of Greene Co, Effective Rate 1.99%
Oppenheimer, Effective Rate 2.4896%
Roosevelt & Cross, Effective Rate 2.5266%
Poughkeepsie City School District
Feb 7, 2017 . . . . . . $17,794,445
Revenue Anticipation Notes, 2017 (New Issue).
Dated Feb 22, 2017.
Due Jun 30, 2017.
Purchased $17,794,450.00 by JPMorgan, at 2.0%, plus $46,621.45, effective rate 1.2631%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
TD Securities, Effective Rate 1.2831%
Jefferies, Effective Rate 1.5247%
Oppenheimer, Effective Rate 1.7353%
Utica (City)
Feb 7, 2017 . . . . . . $2,860,000
Public Improvement (Serial) Bonds, 2017 (bank qualified).
Dated Feb 22, 2017.
Due Feb 15, 2019 to 2037.
Callable Feb 15, 2025 at par.
Winning bid: Morgan Stanley, at n/a, NIC 3.0922%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/19 | $110,000 | 3.00% | 1.10% | ||
| 2/15/20 | $115,000 | 3.00% | 1.27% | ||
| 2/15/21 | $120,000 | 3.00% | 1.44% | ||
| 2/15/22 | $125,000 | 3.00% | 1.62% | ||
| 2/15/23 | $125,000 | 3.00% | 1.78% | ||
| 2/15/24 | $130,000 | 3.00% | 1.95% | ||
| 2/15/25 | $135,000 | 3.00% | 2.16% | ||
| 2/15/26 | $140,000 | 3.00% | 2.35% | ||
| 2/15/27 | $145,000 | 3.00% | 2.55% | ||
| 2/15/28 | $145,000 | 3.00% | 2.70% | ||
| 2/15/29 | $150,000 | 3.00% | 2.85% | ||
| 2/15/30 | $160,000 | 3.00% | 3.00% | ||
| 2/15/31 | $165,000 | 3.00% | 3.089% | ||
| 2/15/32 | $170,000 | 3.00% | 3.169% | ||
| 2/15/33 | $175,000 | 3.125% | 3.246% | ||
| 2/15/34 | $180,000 | 3.25% | 3.328% | ||
| 2/15/35 | $185,000 | 3.25% | 3.40% | ||
| 2/15/36 | $190,000 | 3.50% | 3.50% | ||
| 2/15/37 | $195,000 | 3.50% | 3.57% |
Other managers: Fidelity Capital Markets.
L.O.: Bond, Schoeneck & King, PLLC, Utica, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.2188%
Robert W. Baird, NIC 3.5915%
Northland Securities, NIC 3.7341%
Utica (City)
Feb 7, 2017 . . . . . . $5,743,170
Bond Anticipation Notes, 2017A (bank qualified).
Dated Feb 22, 2017.
Due Feb 22, 2018.
Purchased $2,000,000.00 by KeyBank NY, at 1.1%, effective rate 1.1%.
Purchased $3,743,170.00 by KeyBank NY, at 1.2%, effective rate 1.2%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.462%
Jefferies, Effective Rate 1.4939%
Roosevelt & Cross, Effective Rate 1.508%
JPMorgan Chase, Effective Rate 1.55%
NORTH CAROLINA
Lee County
Feb 7, 2017 . . . . . . $23,000,000
General Obligation Community College Bonds, Series 2017 (book entry).
Dated Feb 28, 2017.
Due Apr 1, 2018 to 2037.
Callable Apr 1, 2027 at par.
Winning bid: Piper Jaffray, at 106.9653, TIC 2.7918%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $1,150,000 | 5.00% | 0.95% | ||
| 4/1/19 | $1,150,000 | 5.00% | 1.09% | ||
| 4/1/20 | $1,150,000 | 5.00% | 1.26% | ||
| 4/1/21 | $1,150,000 | 5.00% | 1.45% | ||
| 4/1/22 | $1,150,000 | 5.00% | 1.65% | ||
| 4/1/23 | $1,150,000 | 5.00% | 1.82% | ||
| 4/1/24 | $1,150,000 | 5.00% | 2.00% | ||
| 4/1/25 | $1,150,000 | 5.00% | 2.17% | ||
| 4/1/26 | $1,150,000 | 5.00% | 2.31% | ||
| 4/1/27 | $1,150,000 | 5.00% | 2.40% | ||
| 4/1/28 | $1,150,000 | 3.00% | 2.55% | ||
| 4/1/29 | $1,150,000 | 3.00% | 2.68% | ||
| 4/1/30 | $1,150,000 | 3.00% | 3.00% | ||
| 4/1/31 | $1,150,000 | 3.00% | 3.05% | ||
| 4/1/32 | $1,150,000 | 3.00% | 3.12% | ||
| 4/1/33 | $1,150,000 | 3.00% | 3.18% | ||
| 4/1/34 | $1,150,000 | 3.00% | 3.23% | ||
| 4/1/35 | $1,150,000 | 3.00% | 3.25% | ||
| 4/1/36 | $1,150,000 | 3.00% | 3.29% | ||
| 4/1/37 | $1,150,000 | 3.125% | 3.33% |
L.O.: Womble Carlyle Sandridge & Rice, Raleigh, NC.
F.A.: Davenport & Company LLC, Charlotte, NC; and Local Government Commission, Raleigh, NC.
Other bidders were:
PNC Capital Markets, TIC 2.8206%
Robert W. Baird, TIC 2.8232%
Jefferies, TIC 2.8301%
Wells Fargo Secs, TIC 2.84%
Fifth Third Secs, TIC 2.8445%
UBS Financial Svcs, TIC 2.8688%
SunTrust Robinson, TIC 2.8862%
FTN Fin Cap Mkts, TIC 2.9572%
BA Merrill Lynch, TIC 2.9807%
JPMorgan, TIC 2.9976%
Barclays Capital, TIC 2.9995%
PENNSYLVANIA
Windber Area School District
Feb 7, 2017 . . . . . . $2,075,000
General Obligation Bonds, Series of 2017 (bank qualified) (book entry).
Dated Mar 14, 2017.
Due Mar 1, 2018 to 2045.
Callable Sep 1, 2022 at par.
Winning bid: Robert W. Baird, at n/a, TIC 3.6792%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $5,000 | 5.00% | 1.40% | MAC | |
| 3/1/19 | $45,000 | 5.00% | 1.60% | MAC | |
| 3/1/20 | $50,000 | 5.00% | 1.80% | MAC | |
| 3/1/21 | $50,000 | 5.00% | 2.00% | MAC | |
| 3/1/22 | $55,000 | 5.00% | 2.20% | MAC | |
| 3/1/27 | $300,000 | 3.00% | 2.60% | MAC | |
| 3/1/32 | $355,000 | 3.00% | 3.00% | MAC | |
| 3/1/37 | $415,000 | 3.50% | 3.50% | MAC | |
| 3/1/42 | $475,000 | 3.80% | 3.80% | MAC | |
| 3/1/45 | $325,000 | 3.85% | 3.85% | MAC |
Other managers: WNJ Capital, CL King & Associates, Crews & Associates, Inc., Loop Capital Markets, LLC, Edward D. Jones & Co., Isaak Bond Investments, Inc., Cronin & Co., Inc., Northland Securities, Inc., R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., SumRidge Partners, LLC, Sierra Pacific Securities, Alamo Capital, IFS Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., Boenning & Scattergood, Inc., FMSbonds, Inc..
L.O.: Lynch & Lynch, Pittsburgh, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
Janney Montgomery, TIC 3.7349%
Roosevelt & Cross, TIC 3.8182%
TEXAS
Elkhart Independent School District
Feb 7, 2017 . . . . . . $8,865,000
Unlimited Tax Refunding Bonds Series 2017 (bank qualified) (book entry).
Dated Feb 15, 2017.
Due Aug 15, 2017 to 2039.
Callable Feb 15, 2027 at par.
Winning bid: FTN Fin Cap Mkts, at n/a, TIC 2.8572%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $35,000 | 3.00% | 0.95% | PSF | |
| 8/15/20 | $280,000 | 5.00% | 1.33% | PSF | |
| 8/15/21 | $290,000 | 5.00% | 1.53% | PSF | |
| 8/15/22 | $310,000 | 5.00% | 1.73% | PSF | |
| 8/15/23 | $320,000 | 5.00% | 1.83% | PSF | |
| 8/15/24 | $340,000 | 5.00% | 2.00% | PSF | |
| 8/15/25 | $355,000 | 5.00% | 2.10% | PSF | |
| 8/15/26 | $370,000 | 5.00% | 2.20% | PSF | |
| 8/15/27 | $390,000 | 4.50% | 2.20% | PSF | |
| 8/15/28 | $410,000 | 4.00% | 2.25% | PSF | |
| 8/15/29 | $425,000 | 4.00% | 2.30% | PSF | |
| 8/15/31 | $895,000 | 3.75% | 2.40% | PSF | |
| 8/15/33 | $965,000 | 3.50% | 2.55% | PSF | |
| 8/15/35 | $1,075,000 | 3.50% | 2.65% | PSF | |
| 8/15/37 | $1,155,000 | 3.75% | 2.80% | PSF | |
| 8/15/39 | $1,250,000 | 3.75% | 2.90% | PSF |
L.O.: Norton Rose Fulbright US LLP, Dallas, TX.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
Citigroup, TIC 2.86%
Robert W. Baird, TIC 2.8996%
Northland Securities, TIC 2.964%
Raymond James, TIC 2.9985%
BOK Fin Secs, TIC 3.0298%
Janney Montgomery, TIC 3.037%
Marble Falls (City)
Feb 7, 2017 . . . . . . $1,785,000
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017 (bank qualified) (book entry).
Dated Feb 1, 2017.
Due Feb 1, 2018 to 2032.
Callable Feb 1, 2026 at par.
Winning bid: Robert W. Baird, at 103.7764, TIC 2.5285%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $115,000 | 3.00% | 1.00% | ||
| 2/1/19 | $155,000 | 3.00% | 1.25% | ||
| 2/1/20 | $145,000 | 3.00% | 1.45% | ||
| 2/1/21 | $150,000 | 3.00% | 1.65% | ||
| 2/1/22 | $155,000 | 3.00% | 1.80% | ||
| 2/1/23 | $100,000 | 4.00% | 1.90% | ||
| 2/1/24 | $100,000 | 4.00% | 2.05% | ||
| 2/1/25 | $100,000 | 3.00% | 2.15% | ||
| 2/1/26 | $100,000 | 3.00% | 2.25% | ||
| 2/1/28 | $210,000 | 3.00% | 2.45% | ||
| 2/1/30 | $220,000 | 3.00% | 2.60% | ||
| 2/1/32 | $235,000 | 3.00% | 2.80% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Edward D. Jones & Co., 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, First Empire Securities, IFS Securities, UMB Bank, N.A.., Wedbush Securities Inc., Stephens Inc., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., George K. Baum & Co., Central States Capital Markets, LLC, FMSbonds, Inc..
L.O.: Bickerstaff Heath Delgado Acosta LLP, Austin, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, San Antonio, TX.
Other bidders were:
Hilltop Securities, TIC 2.6225%
Northland Securities, TIC 2.7107%
Stifel Nicolaus, TIC 2.7588%
Raymond James, TIC 2.814%
WISCONSIN
Pewaukee School District
Feb 6, 2017 . . . . . . $6,305,000
General Obligation Refunding Bonds (bank qualified) (book entry).
Dated Feb 27, 2017.
Due Mar 1, 2018 to 2021.
Non-callable.
Winning bid: Cantor Fitzgerald, at 101.9313, TIC 1.4654%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $1,515,000 | 3.00% | 1.00% | ||
| 3/1/19 | $1,560,000 | 2.75% | 1.15% | ||
| 3/1/20 | $1,600,000 | 2.00% | 1.35% | ||
| 3/1/21 | $1,630,000 | 2.00% | 1.50% |
Other managers: Piper Jaffray & Company, Citigroup Global Markets, Inc..
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Morgan Stanley, TIC 1.5092%
FTN Fin Cap Mkts, TIC 1.5165%
Northland Securities, TIC 1.5371%
UMB Bank, TIC 1.5584%
Raymond James, TIC 1.5615%
BOK Fin Secs, TIC 1.6118%
KeyBanc Cap Mkts, TIC 1.6319%
TAXABLE ISSUES
MICHIGAN
Gratiot County
Feb 7, 2017 . . . . . . $6,730,000
General Obligation Limited Tax Pension Obligation Bonds, Series 2017 (Federally Taxable) (book entry).
Dated Feb 22, 2017.
Due Sep 1, 2017 to 2026.
Non-callable.
Winning bid: Northland Securities, at 99.7997, TIC 2.7162%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $280,000 | 1.00% | 1.00% | ||
| 9/1/18 | $540,000 | 1.30% | 1.30% | ||
| 9/1/19 | $645,000 | 1.65% | 1.65% | ||
| 9/1/20 | $655,000 | 1.90% | 1.90% | ||
| 9/1/21 | $665,000 | 2.15% | 2.15% | ||
| 9/1/22 | $745,000 | 2.35% | 2.35% | ||
| 9/1/23 | $765,000 | 3.00% | 2.55% | ||
| 9/1/24 | $785,000 | 3.00% | 2.75% | ||
| 9/1/25 | $810,000 | 3.00% | 2.90% | ||
| 9/1/26 | $840,000 | 3.00% | 3.00% |
Other managers: D.A. Davidson & Co., Dougherty & Company LLC.
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
KeyBanc Cap Mkts, TIC 2.7956%
Stifel Nicolaus, TIC 2.8527%
J.J.B. Hilliard, TIC 2.8986%
Fifth Third Secs, TIC 2.9041%
Piper Jaffray, TIC 2.9052%
Robert W. Baird, TIC 2.9275%
Raymond James, TIC 2.9491%
PNC Capital Markets, TIC 2.9894%
CFC Capital, TIC 3.6188%
NEW YORK
Ithaca (City)
Feb 7, 2017 . . . . . . $275,000
Bond Anticipation Notes, 2017 (Renewals) Series B (Federally Taxable).
Dated Feb 17, 2017.
Due Feb 16, 2018.
Purchased $275,000.00 by Roosevelt & Cross, at 2.5%, plus $1,342.00, effective rate 2.0106%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.7464%
