ALABAMA
Huntsville (City)
Feb 16, 2017 . . . . . . $8,560,000
General Obligation Warrants, Series 2017-B (book entry).
Dated Mar 2, 2017.
Due May 1, 2018 to 2037.
Callable Nov 1, 2026 at par.
Winning bid: JPMorgan, at 112.4701, TIC 3.0642%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $535,000 | 3.00% | 1.05% | ||
| 5/1/19 | $615,000 | 4.00% | 1.20% | ||
| 5/1/20 | $640,000 | 4.00% | 1.38% | ||
| 5/1/21 | $665,000 | 4.00% | 1.56% | ||
| 5/1/22 | $695,000 | 4.00% | 1.76% | ||
| 5/1/23 | $715,000 | 4.00% | 1.96% | ||
| 5/1/24 | $750,000 | 4.00% | 2.15% | ||
| 5/1/25 | $220,000 | 5.00% | 2.31% | ||
| 5/1/26 | $235,000 | 5.00% | 2.45% | ||
| 5/1/27 | $245,000 | 5.00% | 2.56% | ||
| 5/1/28 | $255,000 | 5.00% | 2.65% | ||
| 5/1/29 | $270,000 | 5.00% | 2.73% | ||
| 5/1/30 | $285,000 | 5.00% | 2.80% | ||
| 5/1/31 | $300,000 | 5.00% | 2.87% | ||
| 5/1/32 | $315,000 | 5.00% | 2.96% | ||
| 5/1/33 | $330,000 | 5.00% | 3.02% | ||
| 5/1/34 | $345,000 | 5.00% | 3.08% | ||
| 5/1/35 | $365,000 | 5.00% | 3.13% | ||
| 5/1/36 | $380,000 | 5.00% | 3.17% | ||
| 5/1/37 | $400,000 | 5.00% | 3.20% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Bradley Arant Boult Cummings LLC, Birmingham, AL.
F.A.: PFM Financial Advisors LLC, Huntsville, AL; and PFM Financial Advisors LLC, Memphis, TN.
Other bidders were:
FTN Fin Cap Mkts, TIC 3.0755%
PNC Capital Markets, TIC 3.0895%
Citigroup, TIC 3.0989%
Raymond James, TIC 3.1118%
Robert W. Baird, TIC 3.1345%
Huntsville (City)
Feb 16, 2017 . . . . . . $17,355,000
General Obligation School Warrants, Series 2017-A (book entry).
Dated Mar 2, 2017.
Due May 1, 2018 to 2037.
Callable Nov 1, 2026 at par.
Winning bid: Citigroup, at 115.7440, TIC 3.3651%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $395,000 | 5.00% | 0.96% | ||
| 5/1/19 | $555,000 | 5.00% | 1.17% | ||
| 5/1/20 | $585,000 | 5.00% | 1.37% | ||
| 5/1/21 | $615,000 | 5.00% | 1.56% | ||
| 5/1/22 | $645,000 | 5.00% | 1.78% | ||
| 5/1/23 | $675,000 | 5.00% | 1.98% | ||
| 5/1/24 | $710,000 | 5.00% | 2.19% | ||
| 5/1/25 | $745,000 | 5.00% | 2.36% | ||
| 5/1/26 | $780,000 | 5.00% | 2.51% | ||
| 5/1/27 | $820,000 | 5.00% | 2.62% | ||
| 5/1/28 | $860,000 | 5.00% | 2.70% | ||
| 5/1/29 | $905,000 | 5.00% | 2.78% | ||
| 5/1/30 | $950,000 | 5.00% | 2.85% | ||
| 5/1/31 | $995,000 | 5.00% | 2.92% | ||
| 5/1/32 | $1,045,000 | 5.00% | 3.00% | ||
| 5/1/33 | $1,100,000 | 5.00% | 3.06% | ||
| 5/1/34 | $1,155,000 | 5.00% | 3.12% | ||
| 5/1/35 | $1,210,000 | 5.00% | 3.17% | ||
| 5/1/36 | $1,275,000 | 5.00% | 3.21% | ||
| 5/1/37 | $1,335,000 | 5.00% | 3.24% |
Other managers: Drexel Hamilton, LLC., Siebert Cisneros Shank & Co., L.L.C., Rice Financial Products Company, Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities, Wiley Bros.-Aintree Capital LLC, UMB Bank, N.A.., American Municipal Securities, Inc..
L.O.: Bradley Arant Boult Cummings LLC, Birmingham, AL.
F.A.: PFM Financial Advisors LLC, Huntsville, AL; and PFM Financial Advisors LLC, Memphis, TN.
Other bidders were:
JPMorgan, TIC 3.372%
PNC Capital Markets, TIC 3.3838%
FTN Fin Cap Mkts, TIC 3.3892%
Robert W. Baird, TIC 3.4362%
Raymond James, TIC 3.4521%
CALIFORNIA
East Side Union High School District
Feb 15, 2017 . . . . . . $78,970,000
General Obligation Bonds, 2008 Election, Series E (book entry).
Dated Mar 8, 2017.
Due Aug 1, 2020 to 2031.
Callable Aug 1, 2026 at par.
Winning bid: Mesirow Financial, at 111.7187, TIC 3.02%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/20 | $3,590,000 | 5.00% | 1.31% | ||
| 8/1/21 | $4,215,000 | 5.00% | 1.50% | ||
| 8/1/22 | $2,365,000 | 5.00% | 1.70% | ||
| 8/1/23 | $3,125,000 | 5.00% | 1.90% | ||
| 8/1/24 | $3,900,000 | 5.00% | 2.10% | ||
| 8/1/25 | $4,810,000 | 5.00% | 2.25% | ||
| 8/1/26 | $5,580,000 | 5.00% | 2.40% | ||
| 8/1/27 | $8,040,000 | 5.00% | 2.50% | ||
| 8/1/28 | $9,035,000 | 5.00% | 2.63% | ||
| 8/1/29 | $10,185,000 | 3.50% | 3.18% | ||
| 8/1/30 | $11,435,000 | 3.75% | 3.28% | ||
| 8/1/31 | $12,690,000 | 4.00% | 3.33% |
L.O.: Jones Hall, San Francisco, CA.
F.A.: Dale Scott Co., San Francisco, CA.
Other bidders were:
Morgan Stanley, TIC 3.0248%
Wells Fargo Secs, TIC 3.0271%
Raymond James, TIC 3.0473%
Janney Montgomery, TIC 3.0972%
Robert W. Baird, TIC 3.1013%
US Bancorp Invest, TIC 3.1196%
ILLINOIS
Cook County Community College District No. 512 (William Rainey Harper)
Feb 15, 2017 . . . . . . $4,740,000
General Obligation Limited Bonds, Series 2017A (book entry).
Dated Mar 1, 2017.
Due Dec 1, 2017 to 2019.
Non-callable.
Winning bid: Fifth Third Secs, at n/a, TIC 1.4494%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/17 | $215,000 | 5.00% | 0.90% | ||
| 12/1/18 | $2,210,000 | 5.00% | 1.15% | ||
| 12/1/19 | $2,315,000 | 5.00% | 1.35% |
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Robert W. Baird, TIC 1.453%
FTN Fin Cap Mkts, TIC 1.5309%
D.A. Davidson, TIC 1.5327%
Hutchinson Shockey, TIC 1.6357%
MICHIGAN
Chassell Township Schools
Feb 16, 2017 . . . . . . $575,000
2017 School Building and Site Bonds General Obligation-Unlimited Tax) (bank qualified) (book entry).
Dated Mar 8, 2017.
Due May 1, 2018 to 2022.
Non-callable.
Winning bid: Miners State Bank, at n/a, TIC 1.984%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $85,000 | 1.24% | NRO | ||
| 5/1/19 | $90,000 | 1.49% | NRO | ||
| 5/1/20 | $100,000 | 1.74% | NRO | ||
| 5/1/21 | $110,000 | 1.99% | NRO | ||
| 5/1/22 | $190,000 | 2.24% | NRO |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Superior Natl Bk, TIC 2.1394%
Range Bk, TIC 2.2557%
J.J.B. Hilliard, TIC 2.6854%
River Valley Bank, TIC 3.2379%
MINNESOTA
Medford Independent School District No. 763
Feb 16, 2017 . . . . . . $730,000
General Obligation Facilities Maintenance Bonds, Series 2017A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Mar 9, 2017.
Due Feb 1, 2019 to 2030.
Callable Feb 1, 2026 at par.
Winning bid: United Banker's Bk, at n/a, TIC 2.5653%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/23 | $150,000 | 1.80% | 1.80% | ||
| 2/1/26 | $160,000 | 2.20% | 2.20% | ||
| 2/1/29 | $205,000 | 3.00% | 2.45% | ||
| 2/1/30 | $215,000 | 3.00% | 2.55% |
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Northland Securities, TIC 2.7242%
Bernardi Securities, TIC 3.0352%
NEW JERSEY
Englewood Cliffs Borough
Feb 16, 2017 . . . . . . $5,654,580
$5, 421,060 Bond Anticipation Notes and $233,520 Special Emergency Notes (bank qualified).
Dated Feb 23, 2017.
Due Feb 23, 2018.
Purchased $5,654,580.00 by First Constitution, at 1.08%, effective rate 1.08%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 1.15%
Jefferies, Effective Rate 1.206%
Oppenheimer, Effective Rate 1.385%
TD Securities, Effective Rate 1.506%
Haworth Borough
Feb 16, 2017 . . . . . . $2,189,000
Bond Anticipation Notes (bank qualified).
Dated Feb 23, 2017.
Due Feb 23, 2018.
Purchased $2,189,000.00 by Jefferies, at 2.25%, plus $18,761.00, effective rate 1.3929%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.636%
Union Beach Borough
Feb 16, 2017 . . . . . . $3,932,152
Bond Anticipation Note (bank qualified).
Dated Feb 28, 2017.
Due Feb 27, 2018.
Purchased $3,932,150.00 by TD Securities, at 2.5%, plus $36,844.26, effective rate 1.56%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.576%
Oppenheimer, Effective Rate 1.5857%
NEW YORK
East Hampton Housing Authority
Feb 16, 2017 . . . . . . $4,000,000
Housing Revenue Notes - 2017 (bank qualified).
Dated Feb 23, 2017.
Due Feb 23, 2018.
Purchased $4,000,000.00 by Jefferies, at 2.25%, plus $41,401.00, effective rate 1.215%.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.4285%
TD Securities, Effective Rate 1.439%
Herkimer Village
Feb 16, 2017 . . . . . . $1,035,000
Bond Anticipation Bonds, 2017 (bank qualified).
Dated Feb 28, 2017.
Due Feb 28, 2018.
Purchased $1,035,000.00 by Oppenheimer, at 2.0%, plus $3,645.00, effective rate 1.6478%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.676%
Bank of Greene Co, Effective Rate 1.88%
Adirondack Bank, Effective Rate 2.13%
M & T Bank, Effective Rate 2.85%
Lackawanna City School District
Feb 16, 2017 . . . . . . $6,575,000
School District (Serial) Bonds, 2017 (bank qualified) (book entry).
Dated Mar 1, 2017.
Due Mar 1, 2018 to 2031.
Callable Mar 1, 2026 at par.
Winning bid: Roosevelt & Cross, at 101.3756, TIC 2.7892%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $425,000 | 3.00% | 0.95% | BAM | |
| 3/1/19 | $435,000 | 3.00% | 1.15% | BAM | |
| 3/1/20 | $440,000 | 3.00% | 1.35% | BAM | |
| 3/1/21 | $450,000 | 3.00% | 1.55% | BAM | |
| 3/1/22 | $460,000 | 3.00% | 1.75% | BAM | |
| 3/1/23 | $470,000 | 3.00% | 1.95% | BAM | |
| 3/1/24 | $480,000 | 3.00% | 2.15% | BAM | |
| 3/1/25 | $490,000 | 3.00% | 2.35% | BAM | |
| 3/1/26 | $510,000 | 3.00% | 2.55% | BAM | |
| 3/1/27 | $520,000 | 3.00% | 2.75% | BAM | |
| 3/1/28 | $535,000 | 3.00% | 2.90% | BAM | |
| 3/1/29 | $550,000 | 3.00% | 3.00% | BAM | |
| 3/1/30 | $570,000 | 3.00% | 3.10% | BAM | |
| 3/1/31 | $240,000 | 3.00% | 3.20% | BAM |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc., Oppenheimer & Co., Inc..
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
North Evans Fire District
Feb 16, 2017 . . . . . . $1,400,615
Bond Anticipation Notes-2017 (Renewals) (bank qualified).
Dated Mar 1, 2017.
Due Mar 1, 2018.
Purchased $1,400,620.00 by KeyBank NY, at 1.38%, effective rate 1.38%.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Evans Natl Bk, Effective Rate 1.6%
Roosevelt & Cross, Effective Rate 1.729%
Oppenheimer, Effective Rate 1.8348%
Bank of Greene Co, Effective Rate 1.88%
Rochester (City)
Feb 16, 2017 . . . . . . $32,000,000
Bond Anticipation Notes, 2017 Series I.
Dated Feb 28, 2017.
Due Aug 4, 2017.
Purchased $32,000,000.00 by Morgan Stanley, at 2.0%, plus $153,920.00, effective rate 0.89%.
L.O.: Woods, Oviatt, Gilman LLP, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
JPMorgan, Effective Rate 0.8938%
Jefferies, Effective Rate 0.8969%
TD Securities, Effective Rate 0.9177%
Rochester (City)
Feb 16, 2017 . . . . . . $40,395,000
Bond Anticipation Notes, 2017 Series II.
Dated Mar 13, 2017.
Due Mar 13, 2018.
Purchased $40,395,000.00 by Jefferies, at 2.25%, plus $500,093.00, effective rate 1.012%.
L.O.: Woods, Oviatt, Gilman LLP, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
JPMorgan, Effective Rate 1.04%
Morgan Stanley, Effective Rate 1.117%
BA Merrill Lynch, Effective Rate 1.123%
Oppenheimer, Effective Rate 1.144%
Oppenheimer, Effective Rate 1.1914%
TD Securities, Effective Rate 1.228%
Roosevelt & Cross, Effective Rate 1.23%
Tupper Lake Village
Feb 16, 2017 . . . . . . $947,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Feb 28, 2017.
Due Apr 28, 2017.
Purchased $947,000.00 by Bank of Greene Co, at 3.48%, effective rate 3.48%.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
OHIO
Napoleon (City)
Feb 16, 2017 . . . . . . $3,900,000
General Obligation Capital Facilities Bond Anticipation Notes, Series 2017 (Limited Tax Bonds) (bank qualified).
Dated Mar 1, 2017.
Due Mar 1, 2018.
Purchased $3,900,000.00 by KeyBanc Cap Mkts, at 2.0%, plus $24,063.00, effective rate 1.383%.
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: Sudsina & Associates, Aurora, OH; and Sudsina & Associates, Bainbridge Twp, OH.
Other bidders were:
TD Securities, Effective Rate 1.469%
Oppenheimer, Effective Rate 1.4916%
Jefferies, Effective Rate 1.6059%
Huntington Invest, Effective Rate 1.682%
Farmers & Merchants, Effective Rate 2.23%
OKLAHOMA
Cleveland County Independent School District No. 2 (Moore)
Feb 15, 2017 . . . . . . $6,655,000
General Obligation Building Bonds, Series 2017 (book entry).
Dated Mar 1, 2017.
Due Mar 1, 2019.
Non-callable.
Winning bid: Citigroup, at 101.0405, NIC 1.4798%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/19 | $6,655,000 | 2.00% | 1.25% |
Other managers: Wells Nelson & Associates, LLC.
In association with: Wiley Bros.-Aintree Capital LLC, Drexel Hamilton, LLC., Siebert Cisneros Shank & Co., L.L.C., Ramirez & Co., Inc., Loop Capital Markets, LLC, R. Seelaus & Co., Inc., Hilltop Securities Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities
L.O.: State Attorney General; and The Public Finance Law Group PLLC, Oklahoma City, OK.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Other bidders were:
Robert W. Baird, NIC 1.64%
Hutchinson Shockey, NIC 1.711%
Cleveland County Independent School District No. 2 (Moore)
Feb 15, 2017 . . . . . . $23,300,000
General Obligation Combined Purpose Bonds, Series 2017 (book entry).
Dated Mar 1, 2017.
Due Mar 1, 2019 to 2022.
Non-callable.
Winning bid: D.A. Davidson, at 102.9295, NIC 1.913%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/19 | $5,825,000 | 2.50% | 1.35% | ||
| 3/1/20 | $5,825,000 | 2.50% | 1.54% | ||
| 3/1/21 | $5,825,000 | 2.75% | 1.73% | ||
| 3/1/22 | $5,825,000 | 3.00% | 1.92% |
L.O.: State Attorney General.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Other bidders were:
Hutchinson Shockey, NIC 1.9463%
Robert W. Baird, NIC 1.9537%
Citigroup, NIC 1.9609%
TEXAS
Cy-Champ Public Utility District
Feb 16, 2017 . . . . . . $3,500,000
Unlimited Tax Park Bonds, Series 2017 (bank qualified) (book entry).
Dated Mar 1, 2017.
Due Mar 1, 2019 to 2043.
Callable Mar 1, 2021 at par.
Winning bid: Raymond James, at 97.2343, NIC 3.5977%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/19 | $75,000 | 2.00% | 1.50% | NPFGC | |
| 3/1/20 | $75,000 | 2.00% | 1.70% | NPFGC | |
| 3/1/21 | $75,000 | 2.00% | 1.90% | NPFGC | |
| 3/1/22 | $100,000 | 2.00% | 2.05% | NPFGC | |
| 3/1/23 | $100,000 | 2.50% | 2.25% | NPFGC | |
| 3/1/24 | $100,000 | 2.50% | 2.35% | NPFGC | |
| 3/1/25 | $100,000 | 2.50% | 2.50% | NPFGC | |
| 3/1/27 | $250,000 | 2.50% | 2.65% | NPFGC | |
| 3/1/29 | $250,000 | 3.00% | 2.90% | NPFGC | |
| 3/1/31 | $250,000 | 3.00% | 3.10% | NPFGC | |
| 3/1/33 | $300,000 | 3.25% | 3.30% | NPFGC | |
| 3/1/35 | $300,000 | 3.375% | 3.45% | NPFGC | |
| 3/1/36 | $175,000 | 3.25% | 3.50% | NPFGC | |
| 3/1/37 | $175,000 | 3.375% | 3.55% | NPFGC | |
| 3/1/38 | $175,000 | 3.375% | 3.60% | NPFGC | |
| 3/1/41 | $575,000 | 3.75% | 4.00% | NPFGC | |
| 3/1/43 | $425,000 | 4.00% | 4.02% | NPFGC |
L.O.: Young & Brooks, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 3.7172%
Robert W. Baird, NIC 3.7236%
Stifel Nicolaus, NIC 3.7251%
RBC Capital Mkts, NIC 3.7518%
Northland Securities, NIC 3.7757%
Hilltop Securities, NIC 3.8192%
Kaufman County Municipal Utility District No. 7
Feb 16, 2017 . . . . . . $2,640,000
Unlimited Tax Road Bonds, Series 2017 (bank qualified) (book entry).
Dated Mar 1, 2017.
Due Sep 1, 2018 to 2031.
Callable Sep 1, 2024 at par.
Winning bid: Northland Securities, at 97.0810, NIC 3.2193%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/18 | $150,000 | 1.40% | 1.40% | BAM | |
| 9/1/19 | $155,000 | 1.60% | 1.60% | BAM | |
| 9/1/20 | $165,000 | 1.80% | 1.80% | BAM | |
| 9/1/21 | $170,000 | 2.00% | 2.00% | BAM | |
| 9/1/22 | $175,000 | 2.20% | 2.20% | BAM | |
| 9/1/23 | $185,000 | 2.40% | 2.40% | BAM | |
| 9/1/24 | $195,000 | 2.60% | 2.60% | BAM | |
| 9/1/25 | $200,000 | 2.80% | 2.80% | BAM | |
| 9/1/26 | $210,000 | 3.00% | 3.00% | BAM | |
| 9/1/27 | $220,000 | 3.10% | 3.10% | BAM | |
| 9/1/28 | $230,000 | 3.00% | 3.20% | BAM | |
| 9/1/29 | $240,000 | 3.10% | 3.30% | BAM | |
| 9/1/30 | $250,000 | 3.25% | 3.40% | BAM | |
| 9/1/31 | $95,000 | 3.375% | 3.50% | BAM |
Other managers: Dougherty & Company LLC.
L.O.: Coats, Rose, Yale, Ryman & Lee, P.C, Houston, TX; and State Attorney General.
F.A.: Robert W. Baird & Co., Inc., Houston, TX.
Other bidders were:
SunTrust Robinson, NIC 3.2801%
SAMCO Cap Mkts, NIC 3.3255%
RBC Capital Mkts, NIC 3.4291%
Lago Vista (City)
Feb 16, 2017 . . . . . . $7,725,000
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2017 (bank qualified) (book entry).
Dated Mar 1, 2017.
Due Feb 15, 2018 to 2047.
Callable Feb 15, 2027 at par.
Winning bid: FTN Fin Cap Mkts, at 104.3915, TIC 3.2397%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $105,000 | 3.00% | 1.00% | ||
| 2/15/19 | $220,000 | 3.00% | 1.20% | ||
| 2/15/20 | $235,000 | 3.00% | 1.35% | ||
| 2/15/21 | $240,000 | 3.00% | 1.55% | ||
| 2/15/22 | $245,000 | 3.00% | 1.75% | ||
| 2/15/23 | $255,000 | 3.00% | 1.95% | ||
| 2/15/24 | $260,000 | 4.00% | 2.15% | ||
| 2/15/25 | $270,000 | 4.00% | 2.25% | ||
| 2/15/26 | $285,000 | 4.00% | 2.35% | ||
| 2/15/27 | $295,000 | 4.00% | 2.45% | ||
| 2/15/29 | $450,000 | 3.00% | 2.60% | ||
| 2/15/31 | $480,000 | 3.00% | 2.70% | ||
| 2/15/33 | $515,000 | 3.25% | 2.80% | ||
| 2/15/35 | $545,000 | 3.25% | 2.95% | ||
| 2/15/37 | $585,000 | 3.50% | 3.10% | ||
| 2/15/40 | $720,000 | 3.75% | 3.20% | ||
| 2/15/43 | $795,000 | 3.75% | 3.25% | ||
| 2/15/47 | $1,225,000 | 4.00% | 3.30% |
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Lawrence Financial Consulting, Austin, TX.
Other bidders were:
Northland Securities, TIC 3.3156%
Robert W. Baird, TIC 3.3393%
Hilltop Securities, TIC 3.3963%
BOK Fin Secs, TIC 3.4229%
Cantor Fitzgerald, TIC 3.4593%
Raymond James, TIC 3.5226%
Port Aransas (City)
Feb 16, 2017 . . . . . . $4,380,000
General Obligation Bonds, Series 2017 (bank qualified) (book entry).
Dated Feb 15, 2017.
Due Feb 1, 2018 to 2032.
Callable Feb 1, 2026 at par.
Winning bid: Raymond James, at 104.8563, TIC 2.4509%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $175,000 | 4.00% | 1.00% | ||
| 2/1/19 | $235,000 | 4.00% | 1.15% | ||
| 2/1/20 | $245,000 | 4.00% | 1.35% | ||
| 2/1/21 | $255,000 | 4.00% | 1.50% | ||
| 2/1/22 | $265,000 | 4.00% | 1.70% | ||
| 2/1/23 | $275,000 | 4.00% | 1.85% | ||
| 2/1/24 | $285,000 | 4.00% | 2.00% | ||
| 2/1/25 | $300,000 | 3.00% | 2.10% | ||
| 2/1/26 | $305,000 | 3.00% | 2.20% | ||
| 2/1/27 | $315,000 | 3.00% | 2.30% | ||
| 2/1/28 | $325,000 | 3.00% | 2.40% | ||
| 2/1/29 | $335,000 | 3.00% | 2.50% | ||
| 2/1/32 | $1,065,000 | 2.70% | 2.70% |
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:
Robert W. Baird, TIC 2.5095%
Wells Fargo Secs, TIC 2.5222%
Frost Bank, TIC 2.5492%
Janney Montgomery, TIC 2.5594%
Citigroup, TIC 2.5664%
FTN Fin Cap Mkts, TIC 2.5676%
SunTrust Robinson, TIC 2.5678%
Northland Securities, TIC 2.6006%
Hilltop Securities, TIC 2.6108%
PNC Capital Markets, TIC 2.653%
TAXABLE ISSUES
ALABAMA
Huntsville (City)
Feb 16, 2017 . . . . . . $11,045,000
Taxable General Obligation Warrants, Series 2017-C (book entry).
Dated Mar 2, 2017.
Due May 1, 2018 to 2037.
Callable Nov 1, 2026 at par.
Winning bid: PNC Capital Markets, at 100.1864, TIC 3.2462%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $330,000 | 5.00% | 1.20% | ||
| 5/1/19 | $405,000 | 5.00% | 1.50% | ||
| 5/1/20 | $425,000 | 4.00% | 1.80% | ||
| 5/1/21 | $445,000 | 4.00% | 2.10% | ||
| 5/1/22 | $460,000 | 4.00% | 2.35% | ||
| 5/1/23 | $480,000 | 4.00% | 2.45% | ||
| 5/1/24 | $500,000 | 2.60% | 2.60% | ||
| 5/1/25 | $515,000 | 2.75% | 2.75% | ||
| 5/1/26 | $525,000 | 2.85% | 2.85% | ||
| 5/1/27 | $540,000 | 2.95% | 2.95% | ||
| 5/1/28 | $560,000 | 3.00% | 3.00% | ||
| 5/1/29 | $575,000 | 3.05% | 3.05% | ||
| 5/1/30 | $590,000 | 2.95% | 3.10% | ||
| 5/1/31 | $610,000 | 3.00% | 3.15% | ||
| 5/1/32 | $625,000 | 3.05% | 3.20% | ||
| 5/1/36 | $2,720,000 | 3.40% | 3.53% | ||
| 5/1/37 | $740,000 | 3.45% | 3.58% |
L.O.: Bradley Arant Boult Cummings LLC, Birmingham, AL.
F.A.: PFM Financial Advisors LLC, Huntsville, AL; and PFM Financial Advisors LLC, Memphis, TN.
Other bidders were:
Raymond James, TIC 3.2867%
Fifth Third Secs, TIC 3.3123%
Piper Jaffray, TIC 3.4007%
Robert W. Baird, TIC 3.4015%
JPMorgan, TIC 3.4345%
FTN Fin Cap Mkts, TIC 3.4775%
Northland Securities, TIC 3.5005%
INDIANA
Southport (City)
Feb 16, 2017 . . . . . . $310,000
Redevelopment District Taxable Special Taxing District Bonds, Series 2017.
Dated Feb 23, 2017.
Due Jul 15, 2018 to Jan 15, 2023.
Callable Jul 15, 2019 at par.
Winning bid: David A. Noyes, at n/a, NIC 3.3666%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/18 | $29,000 | 2.40% | NRO | ||
| 1/15/19 | $29,000 | 2.40% | NRO | ||
| 7/15/19 | $30,000 | 2.40% | NRO | ||
| 1/15/20 | $30,000 | 2.40% | NRO | ||
| 7/15/20 | $31,000 | 2.40% | NRO | ||
| 1/15/21 | $31,000 | 3.10% | NRO | ||
| 7/15/21 | $32,000 | 3.10% | NRO | ||
| 1/15/22 | $32,000 | 3.10% | NRO | ||
| 7/15/22 | $33,000 | 3.10% | NRO | ||
| 1/15/23 | $33,000 | 3.10% | NRO |
L.O.: Faegre Baker Daniels LLP, Indianapolis, IN.
F.A.: Umbaugh LLP, Indianapolis, IN.
Other bidders were:
J.J.B. Hilliard, NIC 3.4982%
Stifel Nicolaus, NIC 3.7436%
NEW JERSEY
South Bound Brook Borough
Feb 16, 2017 . . . . . . $807,912
Bond Anticipation Notes (Federally Taxable).
Dated Feb 24, 2017.
Due Feb 24, 2018.
Purchased $807,910.00 by East Brunswick Twp, at 1.6799%, effective rate 1.6799%.
L.O.: GluckWalrath, LLP, Trenton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 2.21%
Oppenheimer, Effective Rate 3.4859%
