MICHIGAN
Ashley Community Schools
Mar 6, 2017 . . . . . . $2,240,000
2017 School Building and Site Bonds (General Obligation - Unlimited Tax) (bank qualified).
Dated Mar 30, 2017.
Due May 1, 2018 to 2034.
Callable May 1, 2027 at par.
Winning bid: Robert W. Baird, at 101.3379, TIC 3.1251%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $100,000 | 3.00% | 1.10% | ||
| 5/1/19 | $100,000 | 3.00% | 1.35% | ||
| 5/1/20 | $100,000 | 3.00% | 1.60% | ||
| 5/1/21 | $100,000 | 3.00% | 1.80% | ||
| 5/1/22 | $100,000 | 3.00% | 2.00% | ||
| 5/1/23 | $130,000 | 3.00% | 2.20% | ||
| 5/1/24 | $130,000 | 3.00% | 2.35% | ||
| 5/1/25 | $130,000 | 3.00% | 2.50% | ||
| 5/1/26 | $140,000 | 3.00% | 2.65% | ||
| 5/1/28 | $280,000 | 3.25% | 2.80% | ||
| 5/1/30 | $290,000 | 3.25% | 3.00% | ||
| 5/1/32 | $320,000 | 3.50% | 3.15% | ||
| 5/1/34 | $320,000 | 3.50% | 3.25% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Ross, Sinclaire & Associates LLC, WNJ Capital, Edward D. Jones & Co., SumRidge Partners, LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Alamo Capital, Sierra Pacific Securities, IFS Securities, Wayne Hummer & Co., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., FMSbonds, Inc., D.A. Davidson & Co., Central States Capital Markets, LLC, Midland Securities Ltd.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Stifel Nicolaus, TIC 3.2114%
Northland Securities, TIC 3.4025%
MINNESOTA
Benton County
Mar 6, 2017 . . . . . . $3,590,000
General Obligation Refunding Bonds, Series 2017A (bank qualified) (book entry).
Dated Apr 12, 2017.
Due Feb 1, 2018 to 2023.
Non-callable.
Winning bid: United Banker's Bk, at n/a, TIC 1.5642%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $380,000 | 3.00% | 0.90% | ||
| 2/1/19 | $685,000 | 3.00% | 1.05% | ||
| 2/1/20 | $705,000 | 3.00% | 1.25% | ||
| 2/1/21 | $725,000 | 3.00% | 1.45% | ||
| 2/1/22 | $745,000 | 3.00% | 1.60% | ||
| 2/1/23 | $350,000 | 3.00% | 1.75% |
L.O.: Briggs & Morgan, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN; and Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
D.A. Davidson, TIC 1.5728%
Robert W. Baird, TIC 1.5953%
UMB Bank, TIC 1.5956%
Fifth Third Secs, TIC 1.5962%
Citigroup, TIC 1.5976%
FTN Fin Cap Mkts, TIC 1.6028%
Wells Fargo Secs, TIC 1.6354%
Stifel Nicolaus, TIC 1.6448%
Raymond James, TIC 1.6846%
Mankato (City)
Mar 6, 2017 . . . . . . $7,505,000
General Obligation Bonds, Series 2017A (bank qualified) (book entry).
Dated Apr 6, 2017.
Due Feb 1, 2019 to 2028.
Callable Feb 1, 2025 at par.
Winning bid: Northland Securities, at 106.0162, TIC 2.0494%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/19 | $665,000 | 3.00% | 1.05% | ||
| 2/1/20 | $680,000 | 3.00% | 1.25% | ||
| 2/1/21 | $700,000 | 3.00% | 1.40% | ||
| 2/1/22 | $730,000 | 3.00% | 1.60% | ||
| 2/1/23 | $750,000 | 4.00% | 1.75% | ||
| 2/1/24 | $780,000 | 4.00% | 1.90% | ||
| 2/1/25 | $810,000 | 4.00% | 2.00% | ||
| 2/1/26 | $840,000 | 2.25% | 2.10% | ||
| 2/1/27 | $855,000 | 2.50% | 2.20% | ||
| 2/1/28 | $695,000 | 2.50% | 2.30% |
Other managers: United Banker's Bank, D.A. Davidson & Co..
L.O.: Briggs & Morgan, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
UMB Bank, TIC 2.0706%
Piper Jaffray, TIC 2.0993%
FTN Fin Cap Mkts, TIC 2.1349%
Stifel Nicolaus, TIC 2.1607%
Robert W. Baird, TIC 2.1737%
Janney Montgomery, TIC 2.1772%
Fifth Third Secs, TIC 2.2205%
Wells Fargo Secs, TIC 2.25%
KeyBanc Cap Mkts, TIC 2.2553%
Raymond James, TIC 2.279%
Nobles County
Mar 6, 2017 . . . . . . $6,370,000
General Obligation Capital Improvement Plan Bonds, Series 2017A (bank qualified) (book entry).
Dated Mar 30, 2017.
Due Feb 1, 2019 to 2033.
Callable Feb 1, 2025 at par.
Winning bid: FTN Fin Cap Mkts, at 101.5661, TIC 2.434%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/19 | $365,000 | 2.00% | 1.05% | ||
| 2/1/20 | $370,000 | 2.00% | 1.20% | ||
| 2/1/21 | $375,000 | 2.00% | 1.40% | ||
| 2/1/22 | $385,000 | 2.00% | 1.60% | ||
| 2/1/23 | $390,000 | 2.00% | 1.75% | ||
| 2/1/24 | $400,000 | 2.00% | 1.90% | ||
| 2/1/25 | $410,000 | 2.50% | 2.00% | ||
| 2/1/26 | $420,000 | 2.50% | 2.10% | ||
| 2/1/27 | $430,000 | 2.50% | 2.20% | ||
| 2/1/28 | $440,000 | 2.50% | 2.30% | ||
| 2/1/29 | $450,000 | 2.75% | 2.40% | ||
| 2/1/30 | $465,000 | 2.75% | 2.50% | ||
| 2/1/31 | $475,000 | 3.00% | 2.60% | ||
| 2/1/32 | $490,000 | 3.00% | 2.70% | ||
| 2/1/33 | $505,000 | 3.00% | 2.80% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN; and Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
PNC Capital Markets, TIC 2.4666%
Cantor Fitzgerald, TIC 2.47%
UMB Bank, TIC 2.481%
Robert W. Baird, TIC 2.4959%
Raymond James, TIC 2.5074%
Stifel Nicolaus, TIC 2.5356%
Janney Montgomery, TIC 2.5374%
Fifth Third Secs, TIC 2.5482%
Wells Fargo Secs, TIC 2.59%
NEW MEXICO
Albuquerque (City)
Mar 6, 2017 . . . . . . $22,850,000
General Obligation General Purpose Bonds, Series 2017A (book entry).
Dated Apr 11, 2017.
Due Jul 1, 2018 to 2030.
Callable Jul 1, 2026 at par.
Winning bid: Hutchinson Shockey, at n/a, TIC 2.465%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/18 | $1,760,000 | 5.00% | 0.90% | ||
| 7/1/19 | $1,760,000 | 5.00% | 1.10% | ||
| 7/1/20 | $1,760,000 | 5.00% | 1.30% | ||
| 7/1/21 | $1,760,000 | 5.00% | 1.49% | ||
| 7/1/22 | $1,760,000 | 5.00% | 1.72% | ||
| 7/1/23 | $1,760,000 | 5.00% | 1.96% | ||
| 7/1/24 | $1,760,000 | 5.00% | 2.17% | ||
| 7/1/25 | $1,760,000 | 5.00% | 2.32% | ||
| 7/1/26 | $1,760,000 | 5.00% | 2.44% | ||
| 7/1/27 | $1,760,000 | 4.00% | 2.58% | ||
| 7/1/28 | $1,760,000 | 3.00% | 2.88% | ||
| 7/1/29 | $1,760,000 | 3.00% | 3.01% | ||
| 7/1/30 | $1,730,000 | 3.00% | 3.09% |
L.O.: Modrall, Sperling, Roehl, Harris & Sisk, Albuquerque, NM.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
Janney Montgomery, TIC 2.4722%
Morgan Stanley, TIC 2.4731%
Citigroup, TIC 2.4787%
Jefferies, TIC 2.48%
Hilltop Securities, TIC 2.4967%
JPMorgan, TIC 2.4998%
FTN Fin Cap Mkts, TIC 2.5025%
Stifel Nicolaus, TIC 2.5128%
Piper Jaffray, TIC 2.515%
BA Merrill Lynch, TIC 2.5255%
Mesirow Financial, TIC 2.5393%
Robert W. Baird, TIC 2.5623%
OKLAHOMA
Cleveland County Independent School District No. 29 (Norman)
Mar 6, 2017 . . . . . . $25,940,000
General Obligation Combined Purpose Bonds, Series 2017 (book entry).
Dated Mar 1, 2017.
Due Mar 1, 2019 to 2022.
Non-callable.
Winning bid: Hutchinson Shockey, at 102.9995, NIC 1.7859%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/19 | $6,485,000 | 2.00% | 1.26% | ||
| 3/1/20 | $6,485,000 | 2.00% | 1.45% | ||
| 3/1/21 | $6,485,000 | 3.00% | 1.65% | ||
| 3/1/22 | $6,485,000 | 3.00% | 1.90% |
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:
FTN Fin Cap Mkts, NIC 1.7899%
Citigroup, NIC 1.7906%
Robert W. Baird, NIC 1.8636%
D.A. Davidson, NIC 1.9118%
Creek County Independent School District No. 3 (Mannford)
Mar 3, 2017 . . . . . . $880,000
Building Bonds of 2017 (bank qualified) (book entry).
Dated May 1, 2017.
Due May 1, 2019 to 2021.
Non-callable.
Winning bid: UMB Bank, at n/a, NIC 1.6487%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $290,000 | 2.00% | 1.15% | ||
| 5/1/20 | $290,000 | 2.00% | 1.40% | ||
| 5/1/21 | $300,000 | 2.00% | 1.60% |
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Baker Group, NIC 1.8774%
Noble County Independent School District No. 4 (Frontier)
Mar 6, 2017 . . . . . . $800,000
Transportation Equipment Bonds of 2017 (bank qualified) (book entry).
Dated May 1, 2017.
Due May 1, 2019 to 2022.
Non-callable.
Winning bid: UMB Bank, at n/a, NIC 1.6829%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $200,000 | 2.00% | 1.15% | ||
| 5/1/20 | $200,000 | 2.00% | 1.40% | ||
| 5/1/21 | $200,000 | 2.00% | 1.55% | ||
| 5/1/22 | $200,000 | 2.00% | 1.70% |
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Baker Group, NIC 1.7464%
TEXAS
Sherman (City)
Mar 6, 2017 . . . . . . $18,110,000
Combination Tax and Revenue Certificates of Obligation, Series 2017 (book entry).
Dated Mar 30, 2017.
Due Aug 15, 2019 to 2037.
Callable Aug 15, 2026 at par.
Winning bid: BA Merrill Lynch, at 104.5626, TIC 3.2386%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/19 | $625,000 | 5.00% | 1.20% | ||
| 8/15/20 | $660,000 | 5.00% | 1.40% | ||
| 8/15/21 | $690,000 | 5.00% | 1.60% | ||
| 8/15/22 | $725,000 | 5.00% | 1.85% | ||
| 8/15/23 | $760,000 | 5.00% | 2.08% | ||
| 8/15/24 | $800,000 | 5.00% | 2.31% | ||
| 8/15/25 | $840,000 | 5.00% | 2.46% | ||
| 8/15/26 | $880,000 | 5.00% | 2.60% | ||
| 8/15/27 | $925,000 | 4.00% | 2.73% | ||
| 8/15/28 | $965,000 | 4.00% | 2.85% | ||
| 8/15/29 | $1,000,000 | 3.00% | 3.061% | ||
| 8/15/30 | $1,030,000 | 3.00% | 3.173% | ||
| 8/15/31 | $1,060,000 | 3.125% | 3.29% | ||
| 8/15/32 | $1,095,000 | 3.25% | 3.386% | ||
| 8/15/33 | $1,130,000 | 3.375% | 3.465% | ||
| 8/15/34 | $1,170,000 | 3.375% | 3.52% | ||
| 8/15/35 | $1,210,000 | 3.50% | 3.593% | ||
| 8/15/36 | $1,250,000 | 3.50% | 3.608% | ||
| 8/15/37 | $1,295,000 | 3.50% | 3.631% |
L.O.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
SAMCO Cap Mkts, TIC 3.2746%
Hilltop Securities, TIC 3.2772%
Hutchinson Shockey, TIC 3.2808%
Robert W. Baird, TIC 3.2835%
Raymond James, TIC 3.3946%
JPMorgan, TIC 3.398%
