CALIFORNIA
Cajon Valley Union School District
Mar 16, 2017 . . . . . . $6,000,000
General Obligation Bonds, 2016 Election, Series A (Ed-Tech Bonds) (book entry).
Dated Mar 30, 2017.
Due Aug 1, 2018 to 2020.
Non-callable.
Winning bid: Fidelity Capital, at 106.3922, TIC 2.2091%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $1,900,000 | 5.00% | 0.91% | ||
| 8/1/19 | $2,000,000 | 5.00% | 1.12% | ||
| 8/1/20 | $2,100,000 | 5.00% | 1.34% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, UBS Financial Services, Inc., Wedbush Securities Inc..
L.O.: Jones Hall, San Francisco, CA.
F.A.: Dale Scott Co., San Francisco, CA.
Other bidders were:
D.A. Davidson, TIC 2.3563%
Newman-Crows Landing Unified School District
Mar 15, 2017 . . . . . . $5,510,000
General Obligation Bonds, 2016 Election, Series A (GO Reauthorization Bonds) (bank qualified) (book entry).
Dated Apr 4, 2017.
Due Aug 1, 2019 to 2039.
Callable Aug 1, 2027 at par.
Winning bid: KeyBanc Cap Mkts, at 107.5135, TIC 3.9242%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/19 | $190,000 | 4.00% | 1.34% | BAM | |
| 8/1/27 | $230,000 | 4.00% | 2.63% | BAM | |
| 8/1/28 | $255,000 | 4.00% | 2.72% | BAM | |
| 8/1/29 | $270,000 | 4.00% | 2.80% | BAM | |
| 8/1/30 | $295,000 | 4.00% | 2.87% | BAM | |
| 8/1/31 | $315,000 | 4.00% | 2.95% | BAM | |
| 8/1/32 | $340,000 | 4.00% | 3.03% | BAM | |
| 8/1/33 | $360,000 | 4.00% | 3.10% | BAM | |
| 8/1/34 | $380,000 | 4.00% | 3.18% | BAM | |
| 8/1/35 | $400,000 | 4.00% | 3.23% | BAM | |
| 8/1/36 | $535,000 | 5.00% | 3.21% | BAM | |
| 8/1/37 | $590,000 | 5.00% | 3.23% | BAM | |
| 8/1/38 | $645,000 | 5.00% | 3.24% | BAM | |
| 8/1/39 | $705,000 | 5.00% | 3.25% | BAM |
L.O.: Jones Hall, San Francisco, CA.
F.A.: Dale Scott Co., San Francisco, CA.
Other bidders were:
Morgan Stanley, TIC 4.1268%
Wells Fargo Secs, TIC 4.151%
D.A. Davidson, TIC 4.1708%
Raymond James, TIC 4.1734%
Novato Unified School District
Mar 16, 2017 . . . . . . $4,000,000
General Obligation Bonds, 2016 Election, 2017 Series A-1 (book entry).
Dated Mar 30, 2017.
Due Aug 1, 2018 to 2020.
Non-callable.
Winning bid: JPMorgan, at 108.8953, TIC 1.3101%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $1,100,000 | 5.00% | 0.93% | ||
| 8/1/19 | $1,400,000 | 5.00% | 1.16% | ||
| 8/1/20 | $1,500,000 | 5.00% | 1.38% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Dannis Woliver Kelley, San Diego, CA.
F.A.: Isom Advisors Inc., Walnut Creek, CA.
Other bidders were:
UBS Financial Svcs, TIC 1.3269%
Robert W. Baird, TIC 1.3595%
Novato Unified School District
Mar 16, 2017 . . . . . . $47,000,000
General Obligation Bonds, 2016 Election, 2017 Series A (book entry).
Dated Mar 30, 2017.
Due Aug 1, 2018 to 2041.
Callable Aug 1, 2026 at par.
Winning bid: JPMorgan, at 105.2460, TIC 3.5036%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $5,500,000 | 5.00% | 0.92% | ||
| 8/1/19 | $4,200,000 | 5.00% | 1.16% | ||
| 8/1/20 | $1,405,000 | 5.00% | 1.37% | ||
| 8/1/21 | $370,000 | 5.00% | 1.55% | ||
| 8/1/22 | $460,000 | 5.00% | 1.78% | ||
| 8/1/23 | $560,000 | 5.00% | 2.00% | ||
| 8/1/24 | $665,000 | 5.00% | 2.18% | ||
| 8/1/25 | $780,000 | 5.00% | 2.34% | ||
| 8/1/26 | $905,000 | 5.00% | 2.47% | ||
| 8/1/27 | $1,035,000 | 5.00% | 2.52% | ||
| 8/1/28 | $1,180,000 | 5.00% | 2.66% | ||
| 8/1/29 | $1,325,000 | 5.00% | 3.14% | ||
| 8/1/30 | $1,460,000 | 5.00% | 2.66% | ||
| 8/1/31 | $1,605,000 | 4.00% | 3.14% | ||
| 8/1/32 | $1,765,000 | 4.00% | 3.22% | ||
| 8/1/33 | $1,925,000 | 3.25% | 3.39% | ||
| 8/1/34 | $2,100,000 | 3.375% | 3.50% | ||
| 8/1/35 | $2,285,000 | 3.375% | 3.55% | ||
| 8/1/36 | $2,475,000 | 3.50% | 3.59% | ||
| 8/1/37 | $1,795,000 | 3.50% | 3.61% | ||
| 8/1/41 | $13,205,000 | 4.00% | 3.80% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Dannis Woliver Kelley, San Diego, CA.
F.A.: Isom Advisors Inc., Walnut Creek, CA.
Other bidders were:
Morgan Stanley, TIC 3.5605%
Citigroup, TIC 3.5618%
Mesirow Financial, TIC 3.5702%
Robert W. Baird, TIC 3.5738%
Wells Fargo Secs, TIC 3.5823%
UBS Financial Svcs, TIC 3.6067%
ILLINOIS
Palatine Park District
Mar 16, 2017 . . . . . . $8,820,000
General Obligation Park Bonds (Alternate Revenue Source), Series 2017 (bank qualified) (book entry).
Dated Apr 4, 2017.
Due Dec 1, 2027 to 2036.
Callable Dec 1, 2026 at par.
Winning bid: Piper Jaffray, at n/a, TIC 3.4157%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/27 | $500,000 | 3.00% | 2.75% | ||
| 12/1/28 | $805,000 | 3.00% | 2.90% | ||
| 12/1/29 | $830,000 | 3.00% | 3.00% | ||
| 12/1/30 | $855,000 | 3.00% | 3.10% | ||
| 12/1/31 | $880,000 | 3.50% | 3.10% | ||
| 12/1/32 | $915,000 | 4.00% | 3.10% | ||
| 12/1/33 | $950,000 | 4.00% | 3.15% | ||
| 12/1/34 | $990,000 | 4.00% | 3.20% | ||
| 12/1/35 | $1,025,000 | 4.00% | 3.25% | ||
| 12/1/36 | $1,070,000 | 4.00% | 3.30% |
Other managers: Citigroup Global Markets, Inc., Cantor Fitzgerald & Company.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Mesirow Financial, TIC 3.5221%
KeyBanc Cap Mkts, TIC 3.5944%
D.A. Davidson, TIC 3.628%
Raymond James, TIC 3.6537%
Robert W. Baird, TIC 3.6852%
BOK Fin Secs, TIC 3.7292%
IOWA
West Burlington (City)
Mar 15, 2017 . . . . . . $3,780,000
General Obligation Corporate Purpose Bonds, Series 2017 (bank qualified) (book entry).
Dated Apr 19, 2017.
Due Jun 1, 2021 to 2027.
Callable Jun 1, 2024 at par.
Winning bid: UMB Bank, at n/a, TIC 2.3072%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/21 | $525,000 | 1.70% | 1.70% | ||
| 6/1/22 | $515,000 | 3.00% | 1.90% | ||
| 6/1/23 | $530,000 | 3.00% | 2.00% | ||
| 6/1/24 | $540,000 | 3.00% | 2.15% | ||
| 6/1/25 | $540,000 | 3.00% | 2.20% | ||
| 6/1/26 | $555,000 | 3.00% | 2.30% | ||
| 6/1/27 | $575,000 | 3.00% | 2.45% |
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Speer Financial, Inc., Waterloo, IA; and Speer Financial, Inc., Chicago, IL.
Other bidders were:
Commerce Bank, TIC 2.3812%
Northland Securities, TIC 2.4269%
D.A. Davidson, TIC 2.4609%
Robert W. Baird, TIC 2.4927%
Bankers' Bank, TIC 2.503%
Raymond James, TIC 2.6606%
SunTrust Robinson, TIC 2.7815%
KANSAS
Wichita (City)
Mar 16, 2017 . . . . . . $7,180,000
General Obligation Airport Bonds, Series 2017B (Subject to AMT) (book entry) (AMT).
Dated Apr 1, 2017.
Due Dec 1, 2018 to 2047.
Callable Dec 1, 2027 at par.
Winning bid: Citigroup, at 101.4987, TIC 3.8711%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/18 | $135,000 | 5.00% | 1.15% | ||
| 12/1/19 | $135,000 | 5.00% | 1.40% | ||
| 12/1/20 | $140,000 | 5.00% | 1.65% | ||
| 12/1/21 | $145,000 | 5.00% | 1.85% | ||
| 12/1/22 | $150,000 | 5.00% | 2.05% | ||
| 12/1/23 | $155,000 | 5.00% | 2.28% | ||
| 12/1/25 | $325,000 | 5.00% | 2.60% | ||
| 12/1/27 | $345,000 | 5.00% | 2.85% | ||
| 12/1/29 | $380,000 | 4.00% | 3.15% | ||
| 12/1/30 | $205,000 | 3.125% | 3.308% | ||
| 12/1/31 | $210,000 | 3.375% | 3.485% | ||
| 12/1/32 | $220,000 | 3.50% | 3.60% | ||
| 12/1/33 | $225,000 | 3.625% | 3.73% | ||
| 12/1/34 | $235,000 | 3.625% | 3.781% | ||
| 12/1/35 | $245,000 | 3.75% | 3.85% | ||
| 12/1/36 | $255,000 | 3.75% | 3.88% | ||
| 12/1/37 | $265,000 | 3.75% | 3.892% | ||
| 12/1/42 | $1,520,000 | 4.00% | 4.031% | ||
| 12/1/47 | $1,890,000 | 4.00% | 4.086% |
Other managers: Siebert Cisneros Shank & Co., L.L.C., Wiley Bros.-Aintree Capital LLC, Protective Securities A Division of ProEquities, Drexel Hamilton, LLC., Roosevelt & Cross, Inc., Intercoastal Capital Markets, Inc., American Municipal Securities, Inc., Cooper Malone McClain, Inc..
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Municipal Official(s).
Other bidders were:
Robert W. Baird, TIC 3.8882%
Hutchinson Shockey, TIC 4.2366%
Wichita (City)
Mar 16, 2017 . . . . . . $10,555,000
General Obligation Airport Bonds, Series 2017A (book entry).
Dated Apr 1, 2017.
Due Dec 1, 2018 to 2047.
Callable Dec 1, 2027 at par.
Winning bid: Citigroup, at 101.6629, TIC 3.615%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/18 | $200,000 | 5.00% | 1.00% | ||
| 12/1/19 | $205,000 | 5.00% | 1.25% | ||
| 12/1/20 | $210,000 | 5.00% | 1.50% | ||
| 12/1/21 | $220,000 | 5.00% | 1.69% | ||
| 12/1/22 | $225,000 | 5.00% | 1.90% | ||
| 12/1/23 | $230,000 | 5.00% | 2.11% | ||
| 12/1/24 | $240,000 | 5.00% | 2.30% | ||
| 12/1/25 | $245,000 | 5.00% | 2.45% | ||
| 12/1/26 | $255,000 | 5.00% | 2.55% | ||
| 12/1/27 | $260,000 | 5.00% | 2.65% | ||
| 12/1/28 | $275,000 | 4.00% | 2.80% | ||
| 12/1/29 | $290,000 | 4.00% | 2.90% | ||
| 12/1/30 | $300,000 | 3.00% | 3.05% | ||
| 12/1/31 | $315,000 | 3.125% | 3.233% | ||
| 12/1/32 | $325,000 | 3.25% | 3.35% | ||
| 12/1/33 | $335,000 | 3.375% | 3.474% | ||
| 12/1/34 | $350,000 | 3.375% | 3.528% | ||
| 12/1/35 | $365,000 | 3.50% | 3.583% | ||
| 12/1/36 | $375,000 | 3.50% | 3.607% | ||
| 12/1/37 | $390,000 | 3.50% | 3.638% | ||
| 12/1/42 | $2,215,000 | 3.625% | 3.747% | ||
| 12/1/47 | $2,730,000 | 3.75% | 3.833% |
Other managers: Siebert Cisneros Shank & Co., L.L.C., Wiley Bros.-Aintree Capital LLC, Protective Securities A Division of ProEquities, Drexel Hamilton, LLC., Roosevelt & Cross, Inc., Intercoastal Capital Markets, Inc., American Municipal Securities, Inc., Cooper Malone McClain, Inc..
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Municipal Official(s).
Other bidders were:
Robert W. Baird, TIC 3.6544%
FTN Fin Cap Mkts, TIC 3.6833%
Hutchinson Shockey, TIC 3.7474%
Hilltop Securities, TIC 3.7478%
Northland Securities, TIC 3.7875%
Wichita (City)
Mar 16, 2017 . . . . . . $20,695,000
General Obligation Temporary Notes Series 284 (book entry).
Dated Apr 13, 2017.
Due Apr 13, 2018.
Purchased $20,695,000.00 by JPMorgan, at 1.5%, plus $43,666.45, effective rate 1.2822%.
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.3003%
Oppenheimer, Effective Rate 1.5299%
KENTUCKY
Grant County School District Finance Corporation
Mar 15, 2017 . . . . . . $3,750,000
School Building Revenue Bonds, Series of 2017 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Mar 1, 2017.
Due Mar 1, 2018 to 2037.
Callable Mar 1, 2027 at par.
Winning bid: J.J.B. Hilliard, at 98.7819, NIC 3.38%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $65,000 | 3.00% | 1.00% | ||
| 3/1/19 | $60,000 | 3.00% | 1.30% | ||
| 3/1/20 | $65,000 | 3.00% | 1.60% | ||
| 3/1/21 | $65,000 | 3.00% | 1.90% | ||
| 3/1/22 | $70,000 | 3.00% | 2.10% | ||
| 3/1/23 | $75,000 | 3.00% | 2.25% | ||
| 3/1/24 | $70,000 | 3.00% | 2.50% | ||
| 3/1/25 | $75,000 | 3.00% | 2.70% | ||
| 3/1/26 | $75,000 | 3.00% | 2.85% | ||
| 3/1/28 | $315,000 | 3.00% | 3.00% | ||
| 3/1/29 | $250,000 | 3.00% | 3.10% | ||
| 3/1/30 | $255,000 | 3.00% | 3.15% | ||
| 3/1/31 | $265,000 | 3.125% | 3.20% | ||
| 3/1/32 | $310,000 | 3.125% | 3.25% | ||
| 3/1/33 | $325,000 | 3.25% | 3.35% | ||
| 3/1/37 | $1,410,000 | 3.50% | 3.45% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
Robert W. Baird, NIC 3.4376%
Stifel Nicolaus, NIC 3.5741%
Raymond James, NIC 3.7018%
MARYLAND
Queen Anne's County
Mar 16, 2017 . . . . . . $12,600,000
Public Facilities Bonds of 2017 (book entry).
Dated Mar 30, 2017.
Due Jul 1, 2018 to 2037.
Callable Jul 1, 2027 at par.
Winning bid: Citigroup, at 104.2312, TIC 3.0395%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/18 | $390,000 | 5.00% | 0.85% | ||
| 7/1/19 | $410,000 | 5.00% | 1.13% | ||
| 7/1/20 | $430,000 | 5.00% | 1.35% | ||
| 7/1/21 | $455,000 | 5.00% | 1.52% | ||
| 7/1/22 | $480,000 | 5.00% | 1.74% | ||
| 7/1/23 | $500,000 | 5.00% | 1.95% | ||
| 7/1/24 | $530,000 | 4.00% | 2.12% | ||
| 7/1/25 | $555,000 | 5.00% | 2.27% | ||
| 7/1/26 | $585,000 | 5.00% | 2.40% | ||
| 7/1/27 | $610,000 | 3.00% | 2.51% | ||
| 7/1/28 | $635,000 | 3.00% | 2.70% | ||
| 7/1/29 | $660,000 | 3.00% | 2.87% | ||
| 7/1/30 | $690,000 | 3.00% | 3.00% | ||
| 7/1/31 | $715,000 | 3.00% | 3.09% | ||
| 7/1/32 | $745,000 | 3.00% | 3.20% | ||
| 7/1/33 | $775,000 | 3.125% | 3.30% | ||
| 7/1/34 | $810,000 | 3.25% | 3.38% | ||
| 7/1/35 | $840,000 | 3.375% | 3.45% | ||
| 7/1/36 | $875,000 | 3.375% | 3.49% | ||
| 7/1/37 | $910,000 | 3.375% | 3.52% |
Other managers: M & T Securities, Inc..
In association with: Siebert Cisneros Shank & Co., L.L.C., Wiley Bros.-Aintree Capital LLC, Drexel Hamilton, LLC., Roosevelt & Cross, Inc., Intercoastal Capital Markets, Inc., Protective Securities A Division of ProEquities, The Williams Capital Group, L.P., Rice Financial Products Company, Cabrera Capital Markets, LLC.
L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.
F.A.: Public Advisory Consultants, Inc., Owings Mills, MD.
Other bidders were:
Fifth Third Secs, TIC 3.0401%
Janney Montgomery, TIC 3.0547%
JPMorgan, TIC 3.1122%
Davenport, TIC 3.1171%
Stifel Nicolaus, TIC 3.1197%
Piper Jaffray, TIC 3.1283%
BA Merrill Lynch, TIC 3.1422%
UBS Financial Svcs, TIC 3.1453%
Raymond James, TIC 3.1518%
SunTrust Robinson, TIC 3.1666%
FTN Fin Cap Mkts, TIC 3.1818%
MASSACHUSETTS
Hamilton (Town)
Mar 16, 2017 . . . . . . $1,250,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Mar 24, 2017.
Due Jun 30, 2017.
Purchased $1,250,000.00 by Eastern Bk Cap Mkts, at 1.25%, effective rate 1.25%.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
UniBank Fiscal Adv, Effective Rate 1.3%
Century Bk, Effective Rate 1.4%
Oppenheimer, Effective Rate 1.9325%
Woburn (City)
Mar 16, 2017 . . . . . . $1,500,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Mar 30, 2017.
Due Mar 29, 2018.
Purchased $1,500,000.00 by Eastern Bk Cap Mkts, at 1.25%, plus $1,286.42, effective rate 1.164%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: First Southwest Company, Boston, MA.
Other bidders were:
Century Bk, Effective Rate 1.4%
TD Securities, Effective Rate 1.5865%
Woburn (City)
Mar 16, 2017 . . . . . . $7,860,000
General Obligation Municipal Purpose Loan of 2017 Bonds (bank qualified) (book entry).
Dated Mar 29, 2017.
Due Mar 15, 2018 to 2042.
Callable Mar 15, 2027 at par.
Winning bid: SunTrust Robinson, at 101.4842, TIC 2.9547%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/18 | $325,000 | 3.00% | 1.00% | ||
| 3/15/19 | $325,000 | 3.00% | 1.15% | ||
| 3/15/20 | $335,000 | 3.00% | 1.30% | ||
| 3/15/21 | $340,000 | 3.00% | 1.45% | ||
| 3/15/22 | $350,000 | 3.00% | 1.65% | ||
| 3/15/23 | $440,000 | 3.00% | 1.85% | ||
| 3/15/24 | $440,000 | 3.00% | 2.00% | ||
| 3/15/25 | $435,000 | 3.00% | 2.10% | ||
| 3/15/26 | $315,000 | 3.00% | 2.20% | ||
| 3/15/27 | $310,000 | 3.00% | 2.30% | ||
| 3/15/28 | $305,000 | 3.00% | 2.40% | ||
| 3/15/29 | $305,000 | 3.00% | 2.50% | ||
| 3/15/30 | $305,000 | 3.00% | 2.60% | ||
| 3/15/31 | $295,000 | 3.00% | 2.65% | ||
| 3/15/32 | $295,000 | 3.00% | 2.75% | ||
| 3/15/33 | $295,000 | 3.00% | 2.90% | ||
| 3/15/34 | $295,000 | 3.00% | 3.00% | ||
| 3/15/35 | $295,000 | 3.00% | 3.10% | ||
| 3/15/37 | $580,000 | 3.125% | 3.20% | ||
| 3/15/39 | $510,000 | 3.25% | 3.35% | ||
| 3/15/42 | $765,000 | 3.375% | 3.50% |
Other managers: Stifel, Nicolaus & Co., Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: First Southwest Company, Boston, MA.
Other bidders were:
Roosevelt & Cross, TIC 2.9822%
Janney Montgomery, TIC 3.0549%
Robert W. Baird, TIC 3.1032%
Woods Hole, Martha's Vineyard and Nantucket Steamship Authority
Mar 16, 2017 . . . . . . $11,060,000
Steamship Bonds, 2017 Series A (book entry).
Dated Mar 29, 2017.
Due Mar 1, 2018 to 2027.
Non-callable.
Winning bid: Fidelity Capital, at 115.1640, TIC 2.1065%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $875,000 | 5.00% | 0.83% | ||
| 3/1/19 | $920,000 | 5.00% | 1.12% | ||
| 3/1/20 | $965,000 | 5.00% | 1.34% | ||
| 3/1/21 | $1,015,000 | 5.00% | 1.50% | ||
| 3/1/22 | $1,070,000 | 5.00% | 1.73% | ||
| 3/1/23 | $1,120,000 | 5.00% | 1.94% | ||
| 3/1/24 | $1,180,000 | 5.00% | 2.11% | ||
| 3/1/25 | $1,240,000 | 5.00% | 2.26% | ||
| 3/1/26 | $1,305,000 | 5.00% | 2.38% | ||
| 3/1/27 | $1,370,000 | 5.00% | 2.47% |
Other managers: Raymond James & Associates, Inc., Morgan Stanley & Co., Inc., Jefferies LLC, Gates Capital Corp., Wedbush Securities Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Janney Montgomery, TIC 2.117%
FTN Fin Cap Mkts, TIC 2.1174%
JPMorgan, TIC 2.1191%
Robert W. Baird, TIC 2.1576%
Hutchinson Shockey, TIC 2.1736%
UBS Financial Svcs, TIC 2.1793%
BA Merrill Lynch, TIC 2.1892%
MICHIGAN
Gull Lake Community Schools
Mar 16, 2017 . . . . . . $17,600,000
2017 Refunding Bonds (General Obligation - Unlimited Tax) (Michigan School District Credit Enhancement Program).
Dated Apr 11, 2017.
Due May 1, 2021 to 2030.
Callable May 1, 2027 at par.
Winning bid: CFC Capital, at n/a, TIC 2.7161%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/21 | $300,000 | 1.70% | NRO | ||
| 5/1/22 | $1,705,000 | 1.95% | NRO | ||
| 5/1/23 | $1,710,000 | 2.15% | NRO | ||
| 5/1/24 | $1,785,000 | 2.35% | NRO | ||
| 5/1/25 | $1,990,000 | 2.55% | NRO | ||
| 5/1/26 | $2,000,000 | 2.70% | NRO | ||
| 5/1/27 | $1,990,000 | 2.80% | NRO | ||
| 5/1/28 | $2,045,000 | 2.90% | NRO | ||
| 5/1/29 | $2,045,000 | 3.00% | NRO | ||
| 5/1/30 | $2,030,000 | 3.10% | NRO |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Janney Montgomery, TIC 2.8373%
Robert W. Baird, TIC 2.8799%
Fifth Third Secs, TIC 2.8899%
Hutchinson Shockey, TIC 2.8949%
Citigroup, TIC 2.9065%
Stifel Nicolaus, TIC 2.9093%
JPMorgan, TIC 2.9256%
KeyBanc Cap Mkts, TIC 2.931%
BA Merrill Lynch, TIC 2.9331%
Hilltop Securities, TIC 2.9334%
MINNESOTA
Waseca Independent School District No. 829
Mar 16, 2017 . . . . . . $2,925,000
General Obligation Facilities Maintenance Bonds, Series 2017A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Apr 6, 2017.
Due Feb 1, 2018 to 2032.
Callable Feb 1, 2027 at par.
Winning bid: United Banker's Bk, at n/a, TIC 2.4527%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $175,000 | 3.00% | 0.90% | ||
| 2/1/19 | $160,000 | 3.00% | 1.10% | ||
| 2/1/20 | $165,000 | 3.00% | 1.30% | ||
| 2/1/21 | $170,000 | 3.00% | 1.50% | ||
| 2/1/22 | $175,000 | 3.00% | 1.70% | ||
| 2/1/23 | $180,000 | 3.00% | 1.85% | ||
| 2/1/24 | $185,000 | 3.00% | 1.95% | ||
| 2/1/25 | $195,000 | 3.00% | 2.05% | ||
| 2/1/26 | $200,000 | 3.00% | 2.15% | ||
| 2/1/27 | $205,000 | 3.00% | 2.25% | ||
| 2/1/28 | $210,000 | 3.00% | 2.35% | ||
| 2/1/29 | $215,000 | 3.00% | 2.45% | ||
| 2/1/30 | $225,000 | 3.00% | 2.60% | ||
| 2/1/31 | $230,000 | 3.00% | 2.75% | ||
| 2/1/32 | $235,000 | 3.00% | 2.85% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Robert W. Baird, TIC 2.572%
Northland Securities, TIC 2.5742%
UMB Bank, TIC 2.591%
Cantor Fitzgerald, TIC 2.6113%
Stifel Nicolaus, TIC 2.7094%
NEW HAMPSHIRE
Nashua (City)
Mar 16, 2017 . . . . . . $9,575,000
General Obligation Bonds, Series B (bank qualified) (book entry).
Dated Mar 23, 2017.
Due Mar 15, 2018 to 2037.
Callable Mar 15, 2027 at par.
Winning bid: Cantor Fitzgerald, at 103.8255, TIC 2.5895%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/18 | $50,000 | 3.00% | 0.90% | ||
| 3/15/19 | $535,000 | 5.00% | 1.15% | ||
| 3/15/20 | $550,000 | 4.00% | 1.35% | ||
| 3/15/21 | $550,000 | 4.00% | 1.50% | ||
| 3/15/22 | $550,000 | 4.00% | 1.70% | ||
| 3/15/23 | $555,000 | 3.00% | 1.85% | ||
| 3/15/24 | $550,000 | 3.00% | 2.00% | ||
| 3/15/25 | $550,000 | 3.00% | 2.05% | ||
| 3/15/26 | $550,000 | 3.00% | 2.15% | ||
| 3/15/27 | $545,000 | 3.00% | 2.25% | ||
| 3/15/28 | $545,000 | 2.35% | 2.35% | ||
| 3/15/29 | $545,000 | 2.45% | 2.45% | ||
| 3/15/30 | $545,000 | 2.55% | 2.55% | ||
| 3/15/31 | $535,000 | 2.65% | 2.65% | ||
| 3/15/32 | $530,000 | 2.75% | 2.75% | ||
| 3/15/33 | $380,000 | 3.00% | 2.85% | ||
| 3/15/34 | $380,000 | 3.00% | 3.00% | ||
| 3/15/35 | $380,000 | 3.25% | 3.05% | ||
| 3/15/37 | $750,000 | 3.50% | 3.125% |
Other managers: Citigroup Global Markets, Inc., Piper Jaffray & Company.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Stifel Nicolaus, TIC 2.6133%
FTN Fin Cap Mkts, TIC 2.6519%
Robert W. Baird, TIC 2.7008%
Roosevelt & Cross, TIC 2.719%
Raymond James, TIC 2.8998%
NEW JERSEY
Clinton Township
Mar 16, 2017 . . . . . . $2,732,000
Bond Anticipation Notes (bank qualified).
Dated Mar 24, 2017.
Due Mar 23, 2018.
Purchased $2,732,000.00 by Oppenheimer, at 2.25%, plus $20,108.25, effective rate 1.5119%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.5821%
Investors Bank, Effective Rate 1.85%
Collingswood Borough
Mar 16, 2017 . . . . . . $8,135,000
Bond Anticipation Notes of 2017, Series A (bank qualified) (book entry).
Dated Mar 23, 2017.
Due Mar 22, 2018.
Purchased $8,135,000.00 by TD Securities, at 2.5%, plus $92,332.24, effective rate 1.3618%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s); and Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Jefferies, Effective Rate 1.3926%
Oppenheimer, Effective Rate 1.531%
Union City (City)
Mar 16, 2017 . . . . . . $8,380,350
Bond Anticipation Notes of 2017, Series A.
Dated Mar 27, 2017.
Due Mar 26, 2018.
Purchased $8,380,350.00 by Jefferies, at 2.5%, plus $42,574.00, effective rate 1.99%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 2.07%
Vernon Township
Mar 16, 2017 . . . . . . $7,577,000
Bond Anticipation Note (bank qualified).
Dated Mar 23, 2017.
Due Mar 23, 2018.
Purchased $7,577,000.00 by TD Bank, N.A., at 1.39%, effective rate 1.39%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 1.426%
Jefferies, Effective Rate 1.492%
JPMorgan Chase, Effective Rate 1.5%
Oppenheimer, Effective Rate 1.53%
NEW YORK
Castile (Town)
Mar 16, 2017 . . . . . . $997,000
Bond Anticipation Notes,2017 (bank qualified).
Dated Mar 28, 2017.
Due Mar 27, 2018.
Purchased $997,000.00 by Roosevelt & Cross, at 2.5%, plus $5,553.00, effective rate 1.9414%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Washington County
Mar 16, 2017 . . . . . . $2,200,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Mar 30, 2017.
Due Mar 30, 2018.
Purchased $2,200,000.00 by KeyBank NY, at 0.98%, effective rate 0.98%.
L.O.: Bartlett, Pontiff, Stewart & Rhodes, P.C., Glens Falls, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Glens Falls Natl Bk, Effective Rate 1.01%
JPMorgan Chase, Effective Rate 1.51%
Roosevelt & Cross, Effective Rate 1.538%
Jefferies, Effective Rate 1.569%
Oppenheimer, Effective Rate 1.591%
Chemung Canal, Effective Rate 1.65%
TD Bank, N.A., Effective Rate 1.65%
TD Securities, Effective Rate 1.715%
OREGON
Hermiston (City)
Mar 16, 2017 . . . . . . $6,755,000
Full Faith and Credit Obligations, Series 2017 (bank qualified) (book entry).
Dated Mar 30, 2017.
Due Mar 1, 2018 to 2037.
Callable Mar 1, 2027 at par.
Winning bid: Robert W. Baird, at 102.5564, TIC 2.9176%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $235,000 | 3.00% | 1.05% | ||
| 3/1/19 | $255,000 | 3.00% | 1.25% | ||
| 3/1/20 | $270,000 | 3.00% | 1.50% | ||
| 3/1/21 | $275,000 | 3.00% | 1.70% | ||
| 3/1/22 | $280,000 | 3.00% | 1.85% | ||
| 3/1/23 | $290,000 | 3.00% | 2.00% | ||
| 3/1/24 | $300,000 | 3.00% | 2.10% | ||
| 3/1/25 | $305,000 | 3.00% | 2.20% | ||
| 3/1/26 | $320,000 | 3.00% | 2.30% | ||
| 3/1/27 | $330,000 | 3.00% | 2.40% | ||
| 3/1/28 | $340,000 | 3.00% | 2.50% | ||
| 3/1/29 | $350,000 | 3.00% | 2.60% | ||
| 3/1/30 | $360,000 | 3.00% | 2.70% | ||
| 3/1/31 | $365,000 | 3.00% | 2.80% | ||
| 3/1/32 | $385,000 | 3.00% | 2.90% | ||
| 3/1/33 | $395,000 | 3.25% | 3.00% | ||
| 3/1/34 | $405,000 | 3.25% | 3.10% | ||
| 3/1/35 | $415,000 | 3.50% | 3.15% | ||
| 3/1/36 | $430,000 | 3.50% | 3.25% | ||
| 3/1/37 | $450,000 | 3.50% | 3.35% |
Other managers: CL King & Associates, Davenport & Company LLC, Dougherty & Company LLC, Edward Jones, WNJ Capital, Crews & Associates, Inc., Loop Capital Markets, LLC, Duncan-Williams, Inc., Ross, Sinclaire & Associates LLC, Isaak Bond Investments, Inc., Alamo Capital, Oppenheimer & Co., Inc., Eastern Bank Capital Markets, SumRidge Partners, LLC, Sierra Pacific Securities, IFS Securities, First Empire Securities, Rafferty Capital Markets LLC, Wayne Hummer & Co., W.H. Mell Associates, Inc., FMSbonds, Inc., Midland Securities Ltd.
L.O.: Mersereau Shannon LLP, Portland, OR.
F.A.: Piper Jaffray & Company, Portland, OR.
Other bidders were:
Janney Montgomery, TIC 2.9737%
Stifel Nicolaus, TIC 3.089%
Raymond James, TIC 3.2604%
Wells Fargo Secs, TIC 3.3022%
TEXAS
Harris-Brazoria Counties Municipal Utility District No. 509
Mar 16, 2017 . . . . . . $5,000,000
Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Apr 1, 2017.
Due Sep 1, 2019 to 2044.
Callable Sep 1, 2024 at par.
Winning bid: Hilltop Securities, at 97.3800, NIC 3.9564%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/19 | $100,000 | 1.75% | 1.75% | ||
| 9/1/20 | $105,000 | 2.00% | 2.00% | ||
| 9/1/21 | $110,000 | 2.20% | 2.20% | ||
| 9/1/22 | $115,000 | 2.50% | 2.50% | ||
| 9/1/23 | $120,000 | 2.75% | 2.75% | ||
| 9/1/24 | $130,000 | 3.00% | 3.00% | ||
| 9/1/25 | $135,000 | 3.10% | 3.10% | ||
| 9/1/26 | $140,000 | 3.25% | 3.25% | ||
| 9/1/27 | $145,000 | 3.375% | 3.40% | ||
| 9/1/28 | $155,000 | 3.375% | 3.50% | ||
| 9/1/29 | $160,000 | 3.50% | 3.60% | ||
| 9/1/30 | $170,000 | 3.625% | 3.65% | ||
| 9/1/31 | $175,000 | 3.625% | 3.70% | ||
| 9/1/32 | $185,000 | 3.625% | 3.75% | ||
| 9/1/34 | $400,000 | 3.75% | 3.80% | ||
| 9/1/36 | $440,000 | 3.875% | 3.875% | ||
| 9/1/38 | $480,000 | 3.875% | 4.00% | ||
| 9/1/40 | $525,000 | 4.00% | 4.00% | ||
| 9/1/44 | $1,210,000 | 4.00% | 4.10% |
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 3.9757%
SAMCO Cap Mkts, NIC 3.9817%
FMSbonds, NIC 4.0785%
Waco (City)
Mar 16, 2017 . . . . . . $34,620,000
Combination Tax and Revenue Certificates of Obligation, Series 2017 (book entry).
Dated Apr 1, 2017.
Due Feb 1, 2018 to 2037.
Callable Feb 1, 2027 at par.
Winning bid: Citigroup, at 103.3381, TIC 3.1995%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/18 | $840,000 | 5.00% | 0.89% | ||
| 2/1/19 | $1,255,000 | 3.00% | 1.15% | ||
| 2/1/20 | $1,290,000 | 2.50% | 1.38% | ||
| 2/1/21 | $1,325,000 | 2.50% | 1.58% | ||
| 2/1/22 | $1,355,000 | 2.50% | 1.82% | ||
| 2/1/23 | $1,410,000 | 5.00% | 2.09% | ||
| 2/1/24 | $1,480,000 | 5.00% | 2.32% | ||
| 2/1/25 | $1,560,000 | 5.00% | 2.47% | ||
| 2/1/26 | $1,640,000 | 5.00% | 2.58% | ||
| 2/1/27 | $1,720,000 | 5.00% | 2.74% | ||
| 2/1/28 | $1,790,000 | 3.00% | 2.90% | ||
| 2/1/29 | $1,845,000 | 3.00% | 3.05% | ||
| 2/1/30 | $1,900,000 | 3.00% | 3.12% | ||
| 2/1/31 | $1,960,000 | 3.125% | 3.261% | ||
| 2/1/32 | $2,025,000 | 3.25% | 3.35% | ||
| 2/1/33 | $2,095,000 | 3.375% | 3.457% | ||
| 2/1/34 | $2,165,000 | 3.375% | 3.51% | ||
| 2/1/35 | $2,240,000 | 3.50% | 3.56% | ||
| 2/1/36 | $2,320,000 | 3.50% | 3.60% | ||
| 2/1/37 | $2,405,000 | 3.50% | 3.642% |
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, Austin, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX.
Other bidders were:
UMB Bank, TIC 3.2428%
Robert W. Baird, TIC 3.285%
Piper Jaffray, TIC 3.2954%
BOK Fin Secs, TIC 3.315%
Wells Fargo Secs, TIC 3.32%
Raymond James, TIC 3.3545%
BA Merrill Lynch, TIC 3.3573%
JPMorgan, TIC 3.3795%
Hutchinson Shockey, TIC 3.3885%
RBC Capital Mkts, TIC 3.4187%
TAXABLE ISSUES
NEW HAMPSHIRE
Nashua (City)
Mar 16, 2017 . . . . . . $3,715,000
General Obligation Bonds, Series A (Subject to Federal Income Taxation) (book entry).
Dated Mar 23, 2017.
Due Mar 15, 2018 to 2037.
Callable Mar 15, 2027 at par.
Winning bid: PNC Capital Markets, at 100.0479, TIC 3.386%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/18 | $50,000 | 4.00% | 1.20% | ||
| 3/15/19 | $195,000 | 3.50% | 1.60% | ||
| 3/15/20 | $190,000 | 3.50% | 2.00% | ||
| 3/15/21 | $190,000 | 3.50% | 2.15% | ||
| 3/15/22 | $190,000 | 3.50% | 2.40% | ||
| 3/15/23 | $190,000 | 3.00% | 2.50% | ||
| 3/15/24 | $190,000 | 2.55% | 2.70% | ||
| 3/15/25 | $190,000 | 2.65% | 2.80% | ||
| 3/15/26 | $190,000 | 2.75% | 2.90% | ||
| 3/15/27 | $190,000 | 2.90% | 3.00% | ||
| 3/15/29 | $380,000 | 3.15% | 3.15% | ||
| 3/15/30 | $190,000 | 3.30% | 3.30% | ||
| 3/15/31 | $190,000 | 3.40% | 3.40% | ||
| 3/15/32 | $190,000 | 3.50% | 3.50% | ||
| 3/15/37 | $1,000,000 | 3.75% | 3.80% |
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Robert W. Baird, TIC 3.4825%
Fifth Third Secs, TIC 3.5271%
SunTrust Robinson, TIC 3.577%
Roosevelt & Cross, TIC 3.5774%
Raymond James, TIC 3.6281%
NEW JERSEY
Union City (City)
Mar 16, 2017 . . . . . . $7,109,767
Taxable Bond Anticipation Notes of 2017, Series A.
Dated Mar 27, 2017.
Due Mar 26, 2018.
Purchased $7,109,770.00 by Oppenheimer, at 2.5%, plus $5,153.00, effective rate 2.42%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 3.45%
