CALIFORNIA
Standard School District
Mar 1, 2017 . . . . . . $6,215,000
General Obligation Bonds, 2016 Election, Series 2017 (bank qualified) (book entry).
Dated Mar 15, 2017.
Due Aug 1, 2018 to 2046.
Callable Aug 1, 2027 at par.
Winning bid: Morgan Stanley, at 102.5020, TIC 3.6425%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $1,045,000 | 5.00% | 1.00% | AGM | |
| 8/1/19 | $970,000 | 5.00% | 1.20% | AGM | |
| 8/1/20 | $115,000 | 5.00% | 1.40% | AGM | |
| 8/1/21 | $130,000 | 5.00% | 1.60% | AGM | |
| 8/1/22 | $145,000 | 5.00% | 1.85% | AGM | |
| 8/1/23 | $60,000 | 5.00% | 2.10% | AGM | |
| 8/1/24 | $70,000 | 5.00% | 2.30% | AGM | |
| 8/1/25 | $85,000 | 5.00% | 2.45% | AGM | |
| 8/1/26 | $40,000 | 5.00% | 2.60% | AGM | |
| 8/1/27 | $45,000 | 5.00% | 2.75% | AGM | |
| 8/1/30 | $195,000 | 3.00% | 3.092% | AGM | |
| 8/1/32 | $180,000 | 4.00% | 3.20% | AGM | |
| 8/1/33 | $110,000 | 4.00% | 3.30% | AGM | |
| 8/1/34 | $125,000 | 4.00% | 3.40% | AGM | |
| 8/1/35 | $140,000 | 4.00% | 3.50% | AGM | |
| 8/1/36 | $155,000 | 3.625% | 3.698% | AGM | |
| 8/1/42 | $1,295,000 | 3.75% | 3.812% | AGM | |
| 8/1/46 | $1,310,000 | 3.75% | 3.864% | AGM |
Other managers: Ramirez & Co., Inc..
L.O.: Jones Hall, San Francisco, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
Other bidders were:
Robert W. Baird, TIC 3.7935%
Raymond James, TIC 3.8025%
D.A. Davidson, TIC 3.8151%
Wells Fargo Secs, TIC 4.3484%
CONNECTICUT
Connecticut Regional School District No. 6
Mar 2, 2017 . . . . . . $4,695,000
Bond Anticipation Notes (bank qualified).
Dated Mar 15, 2017.
Due Nov 15, 2017.
Purchased $4,695,000.00 by Jefferies, at 2.0%, plus $26,997.00, effective rate 1.1375%.
L.O.: Day Pitney LLP, Hartford, CT.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Glastonbury, CT.
Other bidders were:
TD Bank, N.A., Effective Rate 1.39%
Eastern Bk Cap Mkts, Effective Rate 1.44%
MASSACHUSETTS
Cambridge (City)
Mar 1, 2017 . . . . . . $56,545,000
General Obligation Municipal Purpose Loan of 2017, Series B (book entry).
Dated Mar 8, 2017.
Due Feb 15, 2018 to 2037.
Callable Feb 15, 2027 at par.
Winning bid: Morgan Stanley, at 113.3481, TIC 2.303%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/18 | $4,910,000 | 5.00% | 0.78% | ||
| 2/15/19 | $4,900,000 | 5.00% | 0.94% | ||
| 2/15/20 | $4,900,000 | 5.00% | 1.08% | ||
| 2/15/21 | $4,900,000 | 5.00% | 1.30% | ||
| 2/15/22 | $2,870,000 | 5.00% | 1.53% | ||
| 2/15/23 | $4,840,000 | 5.00% | 1.73% | ||
| 2/15/24 | $4,835,000 | 5.00% | 1.95% | ||
| 2/15/25 | $4,830,000 | 5.00% | 2.11% | ||
| 2/15/26 | $4,820,000 | 5.00% | 2.23% | ||
| 2/15/27 | $4,815,000 | 5.00% | 2.33% | ||
| 2/15/28 | $995,000 | 5.00% | 2.42% | ||
| 2/15/29 | $995,000 | 3.00% | 2.76% | ||
| 2/15/30 | $995,000 | 3.00% | 2.84% | ||
| 2/15/31 | $995,000 | 3.00% | 2.92% | ||
| 2/15/32 | $995,000 | 3.00% | 3.00% | ||
| 2/15/33 | $990,000 | 3.00% | 3.10% | ||
| 2/15/34 | $990,000 | 3.25% | 3.25% | ||
| 2/15/35 | $990,000 | 3.25% | 3.31% | ||
| 2/15/36 | $990,000 | 3.25% | 3.35% | ||
| 2/15/37 | $990,000 | 3.375% | 3.38% |
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.: Government Finance Group, Alexandria, VA; Hilltop Securities Inc., Boston, MA; and FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Wells Fargo Secs, TIC 2.3155%
Robert W. Baird, TIC 2.3177%
Citigroup, TIC 2.3236%
Hutchinson Shockey, TIC 2.3311%
BA Merrill Lynch, TIC 2.3329%
JPMorgan, TIC 2.334%
Piper Jaffray, TIC 2.3355%
Janney Montgomery, TIC 2.3743%
Mesirow Financial, TIC 2.379%
Fifth Third Secs, TIC 2.3937%
NEW YORK
Ausable-Chesterfield-Keeseville Joint Fire District
Mar 2, 2017 . . . . . . $3,900,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Mar 14, 2017.
Due Mar 14, 2018.
Purchased $3,900,000.00 by Oppenheimer, at 2.0%, plus $1,131.00, effective rate 1.971%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 2.2069%
Roosevelt & Cross, Effective Rate 2.316%
Batavia (Town)
Mar 2, 2017 . . . . . . $5,291,190
Bond Anticipation Notes, 2017 (bank qualified).
Dated Mar 16, 2017.
Due Mar 15, 2018.
Purchased $5,291,190.00 by Jefferies, at 2.5%, plus $53,548.00, effective rate 1.4851%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
TD Securities, Effective Rate 1.5904%
Five Star Bnk, Effective Rate 1.75%
Oppenheimer, Effective Rate 1.9096%
Roosevelt & Cross, Effective Rate 2.316%
Fort Ann Central School District
Mar 2, 2017 . . . . . . $23,284
Bond Anticipation Notes, 2017 (bank qualified).
Dated Mar 17, 2017.
Due Mar 16, 2018.
Purchased $23,280.00 by Glens Falls Natl Bk, at 2.07%, effective rate 2.07%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.59%
Roosevelt & Cross, Effective Rate 4.466%
Harpursville Central School District
Mar 2, 2017 . . . . . . $457,000
Bond Anticipation Notes, Series 2017 (bank qualified).
Dated Mar 13, 2017.
Due Mar 13, 2018.
Purchased $457,000.00 by NBT Bank, at 1.39%, effective rate 1.39%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.6497%
Chemung Canal, Effective Rate 2.65%
M & T Bank, Effective Rate 3.04%
Rotterdam-Mohonasen Central School District
Mar 2, 2017 . . . . . . $11,809,795
Bond Anticipation Notes, 2017, Series A.
Dated Mar 15, 2017.
Due Mar 15, 2018.
Purchased $11,809,800.00 by TD Securities, at 2.5%, plus $159,550.30, effective rate 1.149%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
JPMorgan, Effective Rate 1.246%
Jefferies, Effective Rate 1.279%
KeyBanc Cap Mkts, Effective Rate 1.285%
Oppenheimer, Effective Rate 1.435%
JPMorgan Chase, Effective Rate 1.46%
Rotterdam-Mohonasen Central School District
Mar 2, 2017 . . . . . . $26,200,000
Bond Anticipation Notes, 2017, Series B (bank qualified).
Dated Mar 15, 2017.
Due Jun 15, 2017.
Purchased $26,200,000.00 by JPMorgan, at 1.25%, plus $26,986.00, effective rate 0.838%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 0.932%
Jefferies, Effective Rate 0.964%
KeyBanc Cap Mkts, Effective Rate 1.268%
Oppenheimer, Effective Rate 1.704%
OKLAHOMA
Logan County Independent School District No. 2 (Crescent)
Mar 1, 2017 . . . . . . $1,425,000
Combined Purpose Building Bonds of 2017 (bank qualified) (book entry).
Dated Apr 1, 2017.
Due Apr 1, 2019.
Non-callable.
Winning bid: UMB Bank, at n/a, NIC 1.3985%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/19 | $1,425,000 | 2.00% | 1.15% |
In association with: Community State Bank.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Farmers & Merchants, NIC 1.8497%
TEXAS
Irving (City)
Mar 2, 2017 . . . . . . $19,285,000
Waterworks and Sewer System New Lien Revenue Refunding Bonds, Series 2017B (book entry).
Dated Apr 4, 2017.
Due Aug 15, 2017 to 2028.
Callable Aug 15, 2027 at par.
Winning bid: Citigroup, at 114.1976, TIC 2.3878%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/17 | $40,000 | 5.00% | 1.00% | ||
| 8/15/18 | $735,000 | 5.00% | 1.05% | ||
| 8/15/19 | $1,610,000 | 5.00% | 1.15% | ||
| 8/15/20 | $1,690,000 | 5.00% | 1.37% | ||
| 8/15/21 | $1,770,000 | 2.00% | 1.57% | ||
| 8/15/22 | $1,805,000 | 5.00% | 1.82% | ||
| 8/15/23 | $1,890,000 | 5.00% | 2.09% | ||
| 8/15/24 | $1,975,000 | 5.00% | 2.34% | ||
| 8/15/25 | $2,070,000 | 5.00% | 2.51% | ||
| 8/15/26 | $2,165,000 | 5.00% | 2.62% | ||
| 8/15/27 | $2,265,000 | 5.00% | 2.71% | ||
| 8/15/28 | $1,270,000 | 4.00% | 2.84% |
Other managers: Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert Cisneros Shank & Co., L.L.C., Estrada Hinojosa & Company, Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities, Roosevelt & Cross, Inc., Wells Nelson & Associates, LLC.
L.O.: Bracewell LLP, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
BA Merrill Lynch, TIC 2.4025%
Hutchinson Shockey, TIC 2.417%
Raymond James, TIC 2.4198%
JPMorgan, TIC 2.4504%
Robert W. Baird, TIC 2.4756%
Wells Fargo Secs, TIC 2.5073%
Irving (City)
Mar 2, 2017 . . . . . . $19,910,000
Waterworks and Sewer System New Lien Revenue Improvement Bonds, Series 2017A (book entry).
Dated Apr 4, 2017.
Due Aug 15, 2018 to 2037.
Callable Aug 15, 2027 at par.
Winning bid: Robert W. Baird, at 105.1071, TIC 3.204%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/18 | $365,000 | 5.00% | 1.10% | ||
| 8/15/19 | $675,000 | 5.00% | 1.26% | ||
| 8/15/20 | $710,000 | 5.00% | 1.45% | ||
| 8/15/21 | $745,000 | 5.00% | 1.65% | ||
| 8/15/22 | $780,000 | 5.00% | 1.88% | ||
| 8/15/23 | $820,000 | 5.00% | 2.10% | ||
| 8/15/24 | $860,000 | 5.00% | 2.35% | ||
| 8/15/25 | $905,000 | 5.00% | 2.50% | ||
| 8/15/26 | $950,000 | 3.00% | 2.65% | ||
| 8/15/27 | $975,000 | 5.00% | 2.75% | ||
| 8/15/28 | $1,025,000 | 5.00% | 2.85% | ||
| 8/15/29 | $1,080,000 | 4.00% | 3.00% | ||
| 8/15/30 | $1,120,000 | 3.00% | 3.10% | ||
| 8/15/31 | $1,155,000 | 3.00% | 3.20% | ||
| 8/15/32 | $1,190,000 | 3.25% | 3.30% | ||
| 8/15/33 | $1,225,000 | 3.25% | 3.39% | ||
| 8/15/34 | $1,265,000 | 3.25% | 3.45% | ||
| 8/15/35 | $1,310,000 | 3.375% | 3.50% | ||
| 8/15/36 | $1,355,000 | 3.50% | 3.54% | ||
| 8/15/37 | $1,400,000 | 3.50% | 3.57% |
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., 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, Stephens Inc., Country Club Bank, First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., J.J.B. Hilliard, W.L. Lyons, Inc., Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp., Mesirow Financial, Inc..
L.O.: Bracewell LLP, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
BA Merrill Lynch, TIC 3.2088%
Citigroup, TIC 3.22%
Hutchinson Shockey, TIC 3.3001%
Raymond James, TIC 3.3212%
Wells Fargo Secs, TIC 3.3245%
Irving (City)
Mar 2, 2017 . . . . . . $30,080,000
General Obligation Bonds, Series 2017A (book entry).
Dated Apr 4, 2017.
Due Sep 15, 2018 to 2037.
Callable Sep 15, 2027 at par.
Winning bid: Robert W. Baird, at 106.1873, TIC 3.1276%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/15/18 | $3,105,000 | 5.00% | 1.00% | ||
| 9/15/19 | $2,500,000 | 5.00% | 1.16% | ||
| 9/15/20 | $235,000 | 3.00% | 1.35% | ||
| 9/15/21 | $240,000 | 3.00% | 1.55% | ||
| 9/15/22 | $250,000 | 3.00% | 1.78% | ||
| 9/15/23 | $255,000 | 5.00% | 2.00% | ||
| 9/15/24 | $1,590,000 | 5.00% | 2.25% | ||
| 9/15/25 | $1,600,000 | 5.00% | 2.40% | ||
| 9/15/26 | $1,615,000 | 5.00% | 2.55% | ||
| 9/15/27 | $1,630,000 | 5.00% | 2.65% | ||
| 9/15/28 | $1,645,000 | 5.00% | 2.75% | ||
| 9/15/29 | $1,665,000 | 5.00% | 2.80% | ||
| 9/15/30 | $1,680,000 | 3.00% | 3.10% | ||
| 9/15/31 | $1,690,000 | 3.00% | 3.20% | ||
| 9/15/32 | $1,700,000 | 3.125% | 3.25% | ||
| 9/15/33 | $1,715,000 | 3.125% | 3.30% | ||
| 9/15/34 | $1,725,000 | 3.25% | 3.35% | ||
| 9/15/35 | $1,735,000 | 3.25% | 3.40% | ||
| 9/15/36 | $1,745,000 | 3.25% | 3.45% | ||
| 9/15/37 | $1,760,000 | 3.375% | 3.50% |
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., 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., Stephens Inc., Country Club Bank, First Empire Securities, Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., J.J.B. Hilliard, W.L. Lyons, Inc., Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp., Mesirow Financial, Inc..
L.O.: Bracewell LLP, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Fidelity Capital, TIC 3.1295%
BA Merrill Lynch, TIC 3.136%
Citigroup, TIC 3.1433%
JPMorgan, TIC 3.1594%
Wells Fargo Secs, TIC 3.1945%
Hutchinson Shockey, TIC 3.2653%
