CALIFORNIA
California State Public Works Board
Mar 21, 2017 . . . . . . $43,200,000
Lease Revenue Bonds (Department of Corrections and Rehabilitation) 2017 Series A (Various Correctional Facilities) (book entry).
Dated Mar 28, 2017.
Due Mar 1, 2018 to 2032.
Callable Mar 1, 2027 at par.
Winning bid: Morgan Stanley, at 108.5491, TIC 2.9199%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $2,155,000 | 5.00% | 0.95% | ||
| 3/1/19 | $2,125,000 | 5.00% | 1.20% | ||
| 3/1/20 | $2,230,000 | 5.00% | 1.40% | ||
| 3/1/21 | $2,340,000 | 5.00% | 1.60% | ||
| 3/1/22 | $2,455,000 | 5.00% | 1.86% | ||
| 3/1/23 | $2,580,000 | 5.00% | 2.10% | ||
| 3/1/24 | $2,705,000 | 5.00% | 2.30% | ||
| 3/1/25 | $2,845,000 | 5.00% | 2.45% | ||
| 3/1/26 | $2,985,000 | 5.00% | 2.58% | ||
| 3/1/27 | $3,140,000 | 5.00% | 2.68% | ||
| 3/1/28 | $3,290,000 | 4.00% | 2.83% | ||
| 3/1/29 | $3,425,000 | 3.00% | 3.152% | ||
| 3/1/30 | $3,525,000 | 3.25% | 3.298% | ||
| 3/1/31 | $3,640,000 | 3.375% | 3.42% | ||
| 3/1/32 | $3,760,000 | 3.50% | 3.543% |
Other managers: U.S. Bancorp Investments, Inc., Ramirez & Co., Inc..
L.O.: Stradling, Yocca, Carlson & Rauth, Sacramento, CA; and State Attorney General.
F.A.: KNN Public Finance, Oakland, CA.
Other bidders were:
Stifel Nicolaus, TIC 2.9338%
RBC Capital Mkts, TIC 2.9377%
JPMorgan, TIC 2.9465%
Wells Fargo Secs, TIC 2.97%
BA Merrill Lynch, TIC 2.9766%
Janney Montgomery, TIC 2.9956%
Goldman Sachs, TIC 3.0255%
Citigroup, TIC 3.0392%
Raymond James, TIC 3.0502%
Hilltop Securities, TIC 3.0532%
Mesirow Financial, TIC 3.0577%
Jefferies, TIC 3.2048%
Fillmore Unified School District
Mar 21, 2017 . . . . . . $4,000,000
2016 Election, General Obligation Bonds, Series A (bank qualified) (book entry).
Dated Apr 4, 2017.
Due Aug 1, 2018 to 2022.
Non-callable.
Winning bid: KeyBanc Cap Mkts, at 103.7418, TIC 1.7392%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $1,050,000 | 3.00% | 0.99% | BAM | |
| 8/1/19 | $1,025,000 | 3.00% | 1.19% | BAM | |
| 8/1/20 | $640,000 | 3.00% | 1.43% | BAM | |
| 8/1/21 | $635,000 | 3.00% | 1.62% | BAM | |
| 8/1/22 | $650,000 | 3.00% | 1.85% | BAM |
L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.
F.A.: Dale Scott Co., San Francisco, CA.
Other bidders were:
D.A. Davidson, TIC 1.7523%
Wells Fargo Secs, TIC 1.8%
Perris Elementary School District
Mar 21, 2017 . . . . . . $12,640,000
General Obligation Bonds 2006 Election, Series 2017 (book entry). $2,500,000
Dated Apr 4, 2017.
Due Aug 1, 2018 to 2046.
Callable Aug 1, 2027 at par.
Winning bid: Raymond James, at n/a, TIC 3.7178%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $30,000 | 5.00% | 1.05% | NPFGC | |
| 8/1/19 | $40,000 | 5.00% | 1.28% | NPFGC | |
| 8/1/20 | $50,000 | 5.00% | 1.51% | NPFGC | |
| 8/1/40 | $65,000 | 4.00% | 4.00% | NPFGC | |
| 8/1/46 | $2,315,000 | 4.00% | 4.05% | NPFGC |
General Obligation 2014 Election, Series 2017 (book entry). $4,500,000
Dated Apr 4, 2017.
Due Aug 1, 2018 to 2046.
Callable Aug 1, 2027 at par.
Winning bid: Raymond James, at n/a, TIC 3.7178%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/18 | $75,000 | 5.00% | 1.05% | NPFGC | |
| 8/1/19 | $85,000 | 5.00% | 1.28% | NPFGC | |
| 8/1/20 | $100,000 | 5.00% | 1.51% | NPFGC | |
| 8/1/26 | $10,000 | 5.00% | 2.62% | NPFGC | |
| 8/1/27 | $15,000 | 5.00% | 2.78% | NPFGC | |
| 8/1/28 | $30,000 | 5.00% | 2.87% | NPFGC | |
| 8/1/29 | $45,000 | 5.00% | 2.97% | NPFGC | |
| 8/1/30 | $50,000 | 3.125% | 3.30% | NPFGC | |
| 8/1/35 | $475,000 | 3.75% | 3.85% | NPFGC | |
| 8/1/40 | $840,000 | 4.00% | 4.00% | NPFGC | |
| 8/1/46 | $2,775,000 | 4.00% | 4.05% | NPFGC |
General Obligation Refunding Bonds, Series 2017 (book entry). $5,640,000
Dated Apr 4, 2017.
Due Aug 1, 2017 to 2030.
Callable Aug 1, 2027 at par.
Winning bid: Raymond James, at n/a, TIC 3.7178%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $45,000 | 5.00% | 0.80% | NPFGC | |
| 8/1/18 | $220,000 | 5.00% | 1.05% | NPFGC | |
| 8/1/19 | $245,000 | 5.00% | 1.28% | NPFGC | |
| 8/1/20 | $275,000 | 5.00% | 1.51% | NPFGC | |
| 8/1/21 | $310,000 | 5.00% | 1.70% | NPFGC | |
| 8/1/22 | $340,000 | 5.00% | 1.93% | NPFGC | |
| 8/1/23 | $380,000 | 5.00% | 2.14% | NPFGC | |
| 8/1/24 | $415,000 | 5.00% | 2.33% | NPFGC | |
| 8/1/25 | $450,000 | 5.00% | 2.51% | NPFGC | |
| 8/1/26 | $495,000 | 5.00% | 2.62% | NPFGC | |
| 8/1/27 | $540,000 | 5.00% | 2.78% | NPFGC | |
| 8/1/28 | $590,000 | 5.00% | 2.87% | NPFGC | |
| 8/1/29 | $640,000 | 5.00% | 2.97% | NPFGC | |
| 8/1/30 | $695,000 | 3.125% | 3.30% | NPFGC |
Other managers: Fidelity Capital Markets, UBS Financial Services, Inc., Jefferies LLC, Wedbush Securities Inc..
L.O.: Nixon Peabody LLP, San Francisco, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
ILLINOIS
North Aurora Village
Mar 20, 2017 . . . . . . $5,800,000
General Obligation Bonds (Waterworks System Alternate Revenue Source), Series 2017 (bank qualified) (book entry).
Dated Apr 4, 2017.
Due Jan 1, 2018 to 2032.
Callable Jan 1, 2025 at par.
Winning bid: Cantor Fitzgerald, at n/a, TIC 2.9526%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/1/18 | $355,000 | 3.00% | 1.15% | ||
| 1/1/19 | $320,000 | 3.00% | 1.40% | ||
| 1/1/20 | $325,000 | 3.00% | 1.60% | ||
| 1/1/21 | $335,000 | 3.00% | 1.75% | ||
| 1/1/22 | $345,000 | 3.00% | 2.00% | ||
| 1/1/23 | $360,000 | 3.00% | 2.20% | ||
| 1/1/24 | $370,000 | 3.00% | 2.30% | ||
| 1/1/25 | $380,000 | 3.00% | 2.45% | ||
| 1/1/26 | $390,000 | 3.00% | 2.60% | ||
| 1/1/27 | $405,000 | 3.00% | 2.70% | ||
| 1/1/28 | $415,000 | 3.25% | 2.85% | ||
| 1/1/29 | $430,000 | 3.25% | 3.00% | ||
| 1/1/30 | $440,000 | 3.50% | 3.05% | ||
| 1/1/31 | $455,000 | 3.75% | 3.10% | ||
| 1/1/32 | $475,000 | 4.00% | 3.10% |
Other managers: Citigroup Global Markets, Inc., Piper Jaffray & Company.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
D.A. Davidson, TIC 2.9587%
KeyBanc Cap Mkts, TIC 3.0074%
Robert W. Baird, TIC 3.0242%
Raymond James, TIC 3.2921%
IOWA
DeWitt (City)
Mar 20, 2017 . . . . . . $1,240,000
General Obligation Corporate Purpose Bonds, Series 2017 (bank qualified) (book entry).
Dated May 1, 2017.
Due May 1, 2028 to 2037.
Callable May 1, 2022 at par.
Winning bid: D.A. Davidson, at 100.2864, TIC 3.355%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/29 | $250,000 | 3.00% | 2.65% | ||
| 5/1/31 | $250,000 | 3.00% | 2.85% | ||
| 5/1/33 | $250,000 | 3.15% | 3.15% | ||
| 5/1/35 | $250,000 | 3.50% | 3.25% | ||
| 5/1/37 | $240,000 | 4.00% | 3.25% |
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
Robert W. Baird, TIC 3.4075%
Northland Securities, TIC 3.4312%
Bernardi Securities, TIC 3.552%
Indianola Community School District
Mar 20, 2017 . . . . . . $1,970,000
General Obligation School Refunding Bonds, Series 2017 (bank qualified) (book entry).
Dated Apr 25, 2017.
Due Jun 1, 2018 to 2024.
Non-callable.
Winning bid: UMB Bank, at 101.4099, TIC 1.8177%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $600,000 | 2.00% | 0.95% | ||
| 6/1/19 | $120,000 | 2.00% | 1.15% | ||
| 6/1/20 | $125,000 | 2.00% | 1.40% | ||
| 6/1/21 | $125,000 | 2.00% | 1.60% | ||
| 6/1/22 | $450,000 | 2.25% | 1.75% | ||
| 6/1/23 | $450,000 | 2.25% | 1.875% | ||
| 6/1/24 | $100,000 | 2.25% | 2.00% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
Country Club Bank, TIC 1.8261%
Robert W. Baird, TIC 1.8978%
D.A. Davidson, TIC 1.9043%
Northland Securities, TIC 1.9213%
Stifel Nicolaus, TIC 1.9219%
Hutchinson Shockey, TIC 1.9623%
Bernardi Securities, TIC 2.0103%
Raymond James, TIC 2.0772%
Ottumwa (City)
Mar 21, 2017 . . . . . . $5,300,000
General Obligation Bonds, Series 2017 (bank qualified) (book entry).
Dated Apr 18, 2017.
Due Jun 1, 2018 to 2025.
Callable Jun 1, 2023 at par.
Winning bid: Northland Securities, at n/a, TIC 1.7703%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/18 | $735,000 | 2.00% | 1.00% | ||
| 6/1/19 | $1,480,000 | 2.00% | 1.20% | ||
| 6/1/20 | $710,000 | 2.00% | 1.40% | ||
| 6/1/21 | $720,000 | 2.25% | 1.60% | ||
| 6/1/22 | $405,000 | 2.25% | 1.70% | ||
| 6/1/23 | $525,000 | 2.25% | 1.80% | ||
| 6/1/24 | $350,000 | 2.25% | 1.90% | ||
| 6/1/25 | $375,000 | 2.25% | 2.00% |
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:
UMB Bank, TIC 1.793%
Commerce Bank, TIC 1.8142%
Bankers' Bank, TIC 1.8251%
Robert W. Baird, TIC 1.8543%
D.A. Davidson, TIC 1.8657%
Cantor Fitzgerald, TIC 1.8808%
Raymond James, TIC 1.9078%
KeyBanc Cap Mkts, TIC 1.9516%
KANSAS
Olathe (City)
Mar 21, 2017 . . . . . . $11,340,000
Water and Sewer System Improvement and Refunding Revenue Bonds, Series 2017 (book entry).
Dated Apr 4, 2017.
Due Jul 1, 2017 to 2037.
Callable Jul 1, 2025 at par.
Winning bid: Piper Jaffray, at n/a, TIC 3.1314%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/17 | $105,000 | 3.00% | 0.95% | ||
| 7/1/18 | $470,000 | 3.00% | 1.10% | ||
| 7/1/19 | $485,000 | 3.00% | 1.23% | ||
| 7/1/20 | $490,000 | 3.00% | 1.46% | ||
| 7/1/21 | $505,000 | 3.00% | 1.66% | ||
| 7/1/22 | $530,000 | 3.00% | 1.87% | ||
| 7/1/23 | $545,000 | 3.00% | 2.06% | ||
| 7/1/24 | $560,000 | 3.00% | 2.24% | ||
| 7/1/25 | $575,000 | 4.00% | 2.40% | ||
| 7/1/26 | $600,000 | 3.00% | 2.57% | ||
| 7/1/27 | $625,000 | 3.00% | 2.70% | ||
| 7/1/29 | $1,150,000 | 3.00% | 3.03% | ||
| 7/1/30 | $525,000 | 3.00% | 3.15% | ||
| 7/1/31 | $540,000 | 3.125% | 3.23% | ||
| 7/1/32 | $555,000 | 3.25% | 3.33% | ||
| 7/1/33 | $575,000 | 3.375% | 3.43% | ||
| 7/1/34 | $595,000 | 3.375% | 3.49% | ||
| 7/1/36 | $1,250,000 | 3.50% | 3.61% | ||
| 7/1/37 | $660,000 | 3.50% | 3.63% |
L.O.: Gilmore & Bell, Kansas City, MO.
F.A.: Columbia Capital Management, LLC, Overland Park, KS.
Other bidders were:
Robert W. Baird, TIC 3.1392%
Hutchinson Shockey, TIC 3.1409%
Citigroup, TIC 3.1499%
Fifth Third Secs, TIC 3.1821%
BA Merrill Lynch, TIC 3.1852%
Morgan Stanley, TIC 3.2133%
UMB Bank, TIC 3.3181%
KENTUCKY
Eastern Kentucky University
Mar 21, 2017 . . . . . . $46,140,000
General Receipts Bonds, 2017 Series A (Kentucky State School District Credit Enhancement Program) (book entry).
Dated Apr 11, 2017.
Due Apr 1, 2018 to 2037.
Callable Oct 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 104.3793, TIC 3.427%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $1,500,000 | 5.00% | 0.95% | ||
| 4/1/19 | $1,520,000 | 5.00% | 1.27% | ||
| 4/1/20 | $1,595,000 | 5.00% | 1.53% | ||
| 4/1/21 | $1,675,000 | 5.00% | 1.75% | ||
| 4/1/22 | $1,760,000 | 5.00% | 1.98% | ||
| 4/1/23 | $1,845,000 | 5.00% | 2.23% | ||
| 4/1/24 | $1,940,000 | 5.00% | 2.41% | ||
| 4/1/25 | $2,035,000 | 5.00% | 2.57% | ||
| 4/1/26 | $2,140,000 | 5.00% | 2.69% | ||
| 4/1/27 | $2,245,000 | 5.00% | 2.83% | ||
| 4/1/28 | $2,360,000 | 5.00% | 2.97% | ||
| 4/1/29 | $2,475,000 | 3.125% | 3.29% | ||
| 4/1/30 | $2,555,000 | 3.25% | 3.39% | ||
| 4/1/31 | $2,635,000 | 3.375% | 3.50% | ||
| 4/1/32 | $2,725,000 | 3.50% | 3.59% | ||
| 4/1/33 | $2,820,000 | 3.50% | 3.677% | ||
| 4/1/34 | $2,920,000 | 3.50% | 3.7199% | ||
| 4/1/35 | $3,020,000 | 3.625% | 3.75% | ||
| 4/1/36 | $3,130,000 | 3.625% | 3.7735% | ||
| 4/1/37 | $3,245,000 | 3.625% | 3.7956% |
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Citigroup, TIC 3.4411%
Piper Jaffray, TIC 3.4513%
Mesirow Financial, TIC 3.4596%
Wells Fargo Secs, TIC 3.4788%
Janney Montgomery, TIC 3.4889%
Robert W. Baird, TIC 3.504%
JPMorgan, TIC 3.5089%
Hutchinson Shockey, TIC 3.51%
Raymond James, TIC 3.5123%
Franklin Electric Plant Board
Mar 21, 2017 . . . . . . $1,885,000
Electric System Revenue Bonds, Series 2017 (bank qualified) (book entry).
Dated Apr 11, 2017.
Due May 1, 2018 to 2037.
Callable May 1, 2027 at par.
Winning bid: Ross Sinclaire, at 99.2707, NIC 3.8372%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $145,000 | 1.60% | 1.60% | ||
| 5/1/21 | $150,000 | 2.125% | 2.25% | ||
| 5/1/24 | $235,000 | 3.00% | 2.85% | ||
| 5/1/27 | $260,000 | 3.125% | 3.25% | ||
| 5/1/30 | $285,000 | 4.00% | 3.50% | ||
| 5/1/33 | $320,000 | 4.00% | 3.75% | ||
| 5/1/37 | $490,000 | 4.00% | 4.00% |
Other managers: PNC Capital Markets, Duncan-Williams, Inc., Robert W. Baird & Co., Inc., Vining-Sparks IBG, Limited Partnership.
L.O.: Rubin & Hays, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
MASSACHUSETTS
Westfield (City)
Mar 21, 2017 . . . . . . $11,427,646
General Obligation Bond Anticipation Notes (bank qualified).
Dated Mar 31, 2017.
Due Oct 31, 2017.
Purchased $11,427,646.00 by JPMorgan, at 2.0%, plus $59,766.58, effective rate 1.1034%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: Eastern Bank Municipal Finance, Boston, MA.
Other bidders were:
Jefferies, Effective Rate 1.117%
TD Securities, Effective Rate 1.278%
Oppenheimer, Effective Rate 1.3088%
Century Bk, Effective Rate 1.4%
MICHIGAN
Allegan Area Educational Service Agency
Mar 21, 2017 . . . . . . $910,000
2017 School Building and Site Bonds (General Obligation-Limited Tax) (bank qualified).
Dated Apr 11, 2017.
Due May 1, 2018 to 2027.
Non-callable.
Winning bid: CFC Capital, at n/a, TIC 2.573%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/18 | $75,000 | 1.10% | NRO | ||
| 5/1/19 | $80,000 | 1.40% | NRO | ||
| 5/1/20 | $85,000 | 1.65% | NRO | ||
| 5/1/21 | $85,000 | 1.90% | NRO | ||
| 5/1/22 | $90,000 | 2.15% | NRO | ||
| 5/1/23 | $95,000 | 2.35% | NRO | ||
| 5/1/24 | $95,000 | 2.60% | NRO | ||
| 5/1/25 | $100,000 | 2.85% | NRO | ||
| 5/1/26 | $100,000 | 3.00% | NRO | ||
| 5/1/27 | $105,000 | 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:
Huntington Pub Cap, TIC 2.9398%
J.J.B. Hilliard, TIC 3.0524%
NEW HAMPSHIRE
Merrimack County
Mar 21, 2017 . . . . . . $18,000,000
2017 Tax Anticipation Notes (book entry).
Dated Mar 31, 2017.
Due Dec 28, 2017.
Purchased $18,000,000.00 by JPMorgan, at 2.0%, plus $130,140.00, effective rate 1.0288%.
L.O.: Devine, Millimet & Branch, P.A., Manchester, NH.
F.A.: Northeast Municipal Advisors LLC, Portland, ME.
Other bidders were:
Jefferies, Effective Rate 1.0824%
Eastern Bk Cap Mkts, Effective Rate 1.1416%
TD Securities, Effective Rate 1.1728%
Eastern Bk Cap Mkts, Effective Rate 1.1766%
Oppenheimer, Effective Rate 1.2613%
NEW JERSEY
East Orange (City)
Mar 21, 2017 . . . . . . $18,636,500
$14,861,500 Bond Anticipation Notes, Series 2017A and $3,775,000 Tax Appeal Refunding Notes, Series 2017B (book entry).
Dated Mar 27, 2017.
Due Mar 26, 2018.
Purchased $18,636,500.00 by Jefferies, at 2.5%, plus $210,035.00, effective rate 1.3699%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
Oppenheimer, Effective Rate 1.7419%
TD Securities, Effective Rate 1.8117%
Ho-Ho-Kus (Borough)
Mar 21, 2017 . . . . . . $5,956,850
$5,725,000 General Bond Anticipation Notes and $231,850 Water Utility Bond Anticipation Notes (bank qualified).
Dated Mar 30, 2017.
Due Mar 29, 2018.
Purchased $5,956,850.00 by Jefferies, at 2.25%, plus $60,344.00, effective rate 1.2342%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.4638%
TD Securities, Effective Rate 1.4661%
Upper Freehold (Township)
Mar 21, 2017 . . . . . . $3,911,000
Bond Anticipation Note (bank qualified).
Dated Mar 30, 2017.
Due Mar 30, 2018.
Purchased $3,911,000.00 by Jefferies, at 2.25%, plus $38,642.00, effective rate 1.262%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 1.34%
Oppenheimer, Effective Rate 1.438%
TD Securities, Effective Rate 1.541%
Wanaque Borough
Mar 21, 2017 . . . . . . $5,784,250
Bond Anticipation Notes (bank qualified).
Dated Mar 30, 2017.
Due Mar 30, 2018.
Purchased $5,784,250.00 by Jefferies, at 2.25%, plus $52,118.00, effective rate 1.3489%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 1.496%
Oppenheimer, Effective Rate 1.5379%
NEW YORK
Adams Village
Mar 21, 2017 . . . . . . $2,944,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Mar 30, 2017.
Due Mar 30, 2018.
Purchased $2,944,000.00 by Jefferies, at 2.5%, plus $21,552.00, effective rate 1.7679%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.902%
Oppenheimer, Effective Rate 2.123%
Cicero (Town)
Mar 21, 2017 . . . . . . $3,344,275
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Mar 30, 2017.
Due Mar 30, 2018.
Purchased $3,344,280.00 by Jefferies, at 2.5%, plus $22,943.00, effective rate 1.814%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.9759%
Roosevelt & Cross, Effective Rate 2.218%
Edmeston Central School District
Mar 21, 2017 . . . . . . $228,867
School District (Serial) Bonds, 2017 (SIB or Serial Bonds) (bank qualified).
Dated Apr 4, 2017.
Due Oct 15, 2017 to 2021.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 2.1677%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/15/17 | $43,867 | 2.00% | 0.75% | ||
| 10/15/18 | $45,000 | 2.125% | 1.00% | ||
| 10/15/19 | $45,000 | 2.125% | 1.25% | ||
| 10/15/20 | $45,000 | 2.125% | 1.50% | ||
| 10/15/21 | $50,000 | 2.25% | 1.75% |
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, NIC 2.4945%
Sage Rutty, NIC 2.4951%
NBT Bank, NIC 2.78%
Katonah-Lewisboro Union Free School District
Mar 21, 2017 . . . . . . $1,374,986
School District Serial Bonds - 2017 (bank qualified) (book entry).
Dated Mar 31, 2017.
Due Nov 15, 2017 to 2026.
Callable Nov 15, 2024 at par.
Winning bid: Roosevelt & Cross, at 102.4326, TIC 2.0198%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/17 | $119,986 | 2.50% | 0.80% | ||
| 11/15/18 | $125,000 | 2.50% | 0.90% | ||
| 11/15/19 | $130,000 | 2.50% | 1.15% | ||
| 11/15/20 | $130,000 | 2.50% | 1.35% | ||
| 11/15/21 | $135,000 | 2.50% | 1.55% | ||
| 11/15/22 | $140,000 | 2.50% | 1.70% | ||
| 11/15/23 | $145,000 | 2.50% | 1.85% | ||
| 11/15/24 | $145,000 | 2.50% | 2.00% | ||
| 11/15/25 | $150,000 | 2.50% | 2.10% | ||
| 11/15/26 | $155,000 | 2.50% | 2.20% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Intercoastal Capital Markets, Inc., Edward Jones, Oppenheimer & Co., Inc..
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Fidelity Capital, TIC 2.0663%
Robert W. Baird, TIC 2.1252%
Bernardi Securities, TIC 2.1771%
OKLAHOMA
Cherokee County School District No. 21 (Woodall)
Mar 21, 2017 . . . . . . $125,000
Building Bonds of 2017 (bank qualified) (book entry).
Dated May 1, 2017.
Due May 1, 2019.
Non-callable.
Winning bid: F&M Bank, at n/a, NIC 2.4964%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $125,000 | 2.50% NRO |
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Baker Group, NIC 2.5%
Ellis County Independent School District No. 3 (Arnett)
Mar 21, 2017 . . . . . . $100,000
Transportation Equipment Bonds of 2017 (bank qualified) (book entry).
Dated May 1, 2017.
Due May 1, 2019.
Non-callable.
Winning bid: Baker Group, at n/a, NIC 1.1%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $100,000 | 1.10% | 0.95% |
In association with: Farmers & Merchants Bank of Arnett.
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
F&M Bank, NIC 1.9955%
Oklahoma County Independent School District No. 12 (Edmond)
Mar 21, 2017 . . . . . . $37,580,000
General Obligation Building Bonds, Series 2017 (book entry).
Dated Mar 1, 2017.
Due Mar 1, 2019 to 2022.
Non-callable.
Winning bid: Hutchinson Shockey, at 100.9367, NIC 1.7324%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/19 | $9,395,000 | 2.00% | 1.22% | ||
| 3/1/20 | $9,395,000 | 2.00% | 1.44% | ||
| 3/1/21 | $9,395,000 | 2.00% | 1.65% | ||
| 3/1/22 | $9,395,000 | 2.00% | 1.85% |
L.O.: State Attorney General.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Other bidders were:
Robert W. Baird, NIC 1.7995%
Morgan Stanley, NIC 1.7998%
Citigroup, NIC 1.8434%
D.A. Davidson, NIC 1.8525%
Tulsa County Independent School District No. 9 (Union)
Mar 20, 2017 . . . . . . $26,000,000
Building Bonds of 2017 (book entry).
Dated Apr 1, 2017.
Due Apr 1, 2019 to 2022.
Non-callable.
Winning bid: Jefferies, at 100.9648, TIC 1.7115%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/19 | $6,500,000 | 2.00% | 1.24% | ||
| 4/1/20 | $6,500,000 | 2.00% | 1.44% | ||
| 4/1/21 | $6,500,000 | 2.00% | 1.66% | ||
| 4/1/22 | $6,500,000 | 2.00% | 1.93% |
Other managers: Raymond James & Associates, Inc., Morgan Stanley & Co., Inc., FTN Financial Capital Markets, Ramirez & Co., Inc..
L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.
F.A.: Municipal Finance Services, Inc., Edmond, OK.
Other bidders were:
Hutchinson Shockey, TIC 1.7247%
Citigroup, TIC 1.7391%
Robert W. Baird, TIC 1.7572%
JPMorgan, TIC 1.7688%
SOUTH CAROLINA
Oconee County School District
Mar 20, 2017 . . . . . . $14,500,000
General Obligation Bonds, Series 2017A (South Carolina School District Credit Enhancement Program) (book entry).
Dated Mar 28, 2017.
Due Mar 1, 2018 to 2025.
Non-callable.
Winning bid: UMB Bank, at 107.8071, TIC 1.7868%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/18 | $7,355,000 | 4.00% | 0.90% | ||
| 3/1/19 | $900,000 | 3.00% | 1.10% | ||
| 3/1/20 | $930,000 | 3.00% | 1.32% | ||
| 3/1/21 | $965,000 | 4.00% | 1.50% | ||
| 3/1/22 | $1,005,000 | 5.00% | 1.73% | ||
| 3/1/23 | $1,060,000 | 5.00% | 1.92% | ||
| 3/1/24 | $1,115,000 | 5.00% | 2.10% | ||
| 3/1/25 | $1,170,000 | 5.00% | 2.26% |
L.O.: McNair Law Firm, Columbia, SC.
F.A.: Compass Municpal Advisors, Columbia, SC.
Other bidders were:
FTN Fin Cap Mkts, TIC 1.7973%
Hutchinson Shockey, TIC 1.8075%
JPMorgan, TIC 1.8146%
Citigroup, TIC 1.8179%
SunTrust Robinson, TIC 1.8259%
Fifth Third Secs, TIC 1.8324%
Jefferies, TIC 1.8558%
Piper Jaffray, TIC 1.858%
Robert W. Baird, TIC 1.8674%
UBS Financial Svcs, TIC 1.903%
KeyBanc Cap Mkts, TIC 1.9532%
TEXAS
Live Oak Creek Municipal Utility District No. 1 of Tarrant County
Mar 21, 2017 . . . . . . $1,450,000
Unlimited Tax Road Bonds, Series 2017 (bank qualified) (book entry).
Dated Apr 1, 2017.
Due Sep 1, 2018 to 2042.
Callable Sep 1, 2024 at par.
Winning bid: Morgan Stanley, at 97.0365, NIC 3.8795%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/18 | $45,000 | 2.00% | 1.50% | ||
| 9/1/19 | $45,000 | 2.00% | 1.70% | ||
| 9/1/20 | $50,000 | 2.00% | 2.00% | ||
| 9/1/21 | $55,000 | 2.00% | 2.20% | ||
| 9/1/22 | $45,000 | 2.25% | 2.449% | ||
| 9/1/23 | $50,000 | 2.50% | 2.758% | ||
| 9/1/24 | $50,000 | 2.75% | 2.901% | ||
| 9/1/25 | $45,000 | 3.00% | 3.05% | ||
| 9/1/26 | $50,000 | 3.00% | 3.20% | ||
| 9/1/27 | $45,000 | 3.125% | 3.297% | ||
| 9/1/28 | $50,000 | 3.25% | 3.41% | ||
| 9/1/29 | $50,000 | 3.25% | 3.50% | ||
| 9/1/30 | $55,000 | 3.375% | 3.564% | ||
| 9/1/31 | $55,000 | 3.50% | 3.60% | ||
| 9/1/32 | $55,000 | 3.50% | 3.649% | ||
| 9/1/33 | $50,000 | 3.625% | 3.707% | ||
| 9/1/34 | $55,000 | 3.625% | 3.743% | ||
| 9/1/35 | $55,000 | 3.75% | 3.80% | ||
| 9/1/42 | $545,000 | 4.00% | 4.06% |
L.O.: Coats, Rose, Yale, Ryman & Lee, P.C., Dallas, TX; and State Attorney General.
F.A.: Robert W. Baird & Co., Inc., Houston, TX.
Other bidders were:
GMS Group, NIC 3.9146%
RBC Capital Mkts, NIC 3.9151%
Hilltop Securities, NIC 3.9364%
FMSbonds, NIC 4.3388%
Sugar Land (City)
Mar 21, 2017 . . . . . . $19,780,000
Waterworks and Sewer System Revenue Bonds, Series 2017 (book entry).
Dated Apr 15, 2017.
Due Aug 15, 2018 to 2037.
Callable Aug 15, 2026 at par.
Winning bid: Citigroup, at 104.3144, TIC 3.1412%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/18 | $640,000 | 5.00% | 1.02% | ||
| 8/15/19 | $670,000 | 5.00% | 1.24% | ||
| 8/15/20 | $700,000 | 5.00% | 1.49% | ||
| 8/15/21 | $740,000 | 5.00% | 1.68% | ||
| 8/15/22 | $775,000 | 5.00% | 1.91% | ||
| 8/15/23 | $815,000 | 5.00% | 2.11% | ||
| 8/15/24 | $855,000 | 5.00% | 2.28% | ||
| 8/15/25 | $900,000 | 5.00% | 2.44% | ||
| 8/15/26 | $945,000 | 5.00% | 2.57% | ||
| 8/15/27 | $990,000 | 3.00% | 2.68% | ||
| 8/15/28 | $1,015,000 | 3.00% | 2.87% | ||
| 8/15/29 | $1,045,000 | 3.00% | 3.00% | ||
| 8/15/30 | $1,085,000 | 3.00% | 3.12% | ||
| 8/15/31 | $1,115,000 | 3.125% | 3.25% | ||
| 8/15/32 | $1,145,000 | 3.25% | 3.36% | ||
| 8/15/33 | $1,185,000 | 3.25% | 3.411% | ||
| 8/15/34 | $1,225,000 | 3.375% | 3.49% | ||
| 8/15/35 | $1,270,000 | 3.375% | 3.524% | ||
| 8/15/36 | $1,310,000 | 3.50% | 3.58% | ||
| 8/15/37 | $1,355,000 | 3.50% | 3.60% |
Other managers: Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert Cisneros Shank & Co., L.L.C., Estrada Hinojosa & Company, Inc., Protective Securities A Division of ProEquities, Roosevelt & Cross, Inc., William Blair & Company, LLC.
L.O.: Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX.
Other bidders were:
Robert W. Baird, TIC 3.2043%
Coastal Securities, TIC 3.2152%
BA Merrill Lynch, TIC 3.2363%
Hutchinson Shockey, TIC 3.2521%
Morgan Stanley, TIC 3.2594%
JPMorgan, TIC 3.2639%
UMB Bank, TIC 3.276%
BOK Fin Secs, TIC 3.3201%
WISCONSIN
Elmbrook School District
Mar 20, 2017 . . . . . . $3,235,000
General Obligation Promissory Notes (bank qualified) (book entry).
Dated Apr 10, 2017.
Due Apr 1, 2018 to 2027.
Callable Apr 1, 2023 at par.
Winning bid: UMB Bank, at 100.3062, TIC 2.2402%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $275,000 | 1.50% | 0.90% | ||
| 4/1/19 | $300,000 | 1.50% | 1.125% | ||
| 4/1/20 | $305,000 | 1.75% | 1.35% | ||
| 4/1/21 | $310,000 | 1.90% | 1.55% | ||
| 4/1/22 | $320,000 | 2.25% | 1.75% | ||
| 4/1/23 | $325,000 | 2.25% | 1.875% | ||
| 4/1/24 | $335,000 | 2.25% | 1.95% | ||
| 4/1/25 | $345,000 | 2.45% | 2.00% | ||
| 4/1/26 | $355,000 | 2.55% | 2.05% | ||
| 4/1/27 | $365,000 | 2.55% | 2.15% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Citigroup, TIC 2.3124%
BOK Fin Secs, TIC 2.3606%
Raymond James, TIC 2.4322%
Northland Securities, TIC 2.4704%
Greenfield (City)
Mar 21, 2017 . . . . . . $7,605,000
General Obligation Corporate Purpose Bonds, Series 2017B (bank qualified) (book entry).
Dated Apr 13, 2017.
Due Apr 1, 2018 to 2037.
Callable Apr 1, 2027 at par.
Winning bid: FTN Fin Cap Mkts, at 103.5719, TIC 2.6642%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/18 | $490,000 | 3.00% | 1.00% | ||
| 4/1/19 | $450,000 | 3.00% | 1.20% | ||
| 4/1/20 | $525,000 | 3.00% | 1.40% | ||
| 4/1/21 | $540,000 | 3.00% | 1.60% | ||
| 4/1/22 | $560,000 | 3.00% | 1.80% | ||
| 4/1/23 | $570,000 | 3.00% | 2.00% | ||
| 4/1/24 | $410,000 | 3.00% | 2.10% | ||
| 4/1/25 | $420,000 | 3.00% | 2.20% | ||
| 4/1/26 | $430,000 | 3.00% | 2.30% | ||
| 4/1/27 | $460,000 | 3.00% | 2.40% | ||
| 4/1/28 | $460,000 | 3.00% | 2.55% | ||
| 4/1/29 | $250,000 | 3.00% | 2.65% | ||
| 4/1/30 | $255,000 | 3.00% | 2.75% | ||
| 4/1/31 | $270,000 | 3.00% | 2.80% | ||
| 4/1/32 | $275,000 | 3.25% | 2.90% | ||
| 4/1/33 | $225,000 | 3.25% | 3.00% | ||
| 4/1/34 | $250,000 | 3.25% | 3.05% | ||
| 4/1/35 | $250,000 | 3.50% | 3.10% | ||
| 4/1/36 | $250,000 | 3.50% | 3.15% | ||
| 4/1/37 | $265,000 | 3.50% | 3.20% |
L.O.: Griggs Law Office LLC, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Janney Montgomery, TIC 2.6774%
BOK Fin Secs, TIC 2.7114%
Robert W. Baird, TIC 2.727%
Citigroup, TIC 2.7663%
Northland Securities, TIC 2.8075%
Wells Fargo Secs, TIC 2.8697%
Lake Mills (City)
Mar 21, 2017 . . . . . . $1,175,000
General Obligation Corporate Purpose Bonds, Series 2017A (bank qualified) (book entry).
Dated Apr 6, 2017.
Due Apr 1, 2019 to 2032.
Callable Apr 1, 2024 at par.
Winning bid: Robert W. Baird, at 102.1202, TIC 2.7862%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/19 | $75,000 | 3.00% | 1.20% | ||
| 4/1/20 | $75,000 | 3.00% | 1.40% | ||
| 4/1/21 | $75,000 | 3.00% | 1.60% | ||
| 4/1/22 | $70,000 | 3.00% | 1.85% | ||
| 4/1/23 | $75,000 | 3.00% | 2.05% | ||
| 4/1/24 | $75,000 | 3.00% | 2.15% | ||
| 4/1/27 | $230,000 | 3.00% | 2.40% | ||
| 4/1/30 | $300,000 | 3.00% | 2.70% | ||
| 4/1/32 | $200,000 | 3.25% | 3.00% |
Other managers: CL King & Associates, Dougherty & Company LLC, Edward Jones, Loop Capital Markets, LLC, WNJ Capital, Crews & Associates, Inc., Davenport & Company LLC, Ross, Sinclaire & Associates LLC, Country Club Bank, Duncan-Williams, Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Sierra Pacific Securities, Alamo Capital, IFS Securities, Isaak Bond Investments, Inc., Oppenheimer & Co., Inc., Rafferty Capital Markets LLC, UMB Bank, N.A.., W.H. Mell Associates, Inc., Wayne Hummer & Co., FMSbonds, Inc., Central States Capital Markets, LLC, Midland Securities Ltd.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Northland Securities, TIC 2.7949%
Bernardi Securities, TIC 2.8707%
BOK Fin Secs, TIC 2.9145%
Superior (City)
Mar 21, 2017 . . . . . . $5,380,000
General Obligation Street Improvement Bonds, Series 2017A (bank qualified) (book entry).
Dated Apr 11, 2017.
Due Oct 1, 2020 to Apr 1, 2037.
Callable Oct 1, 2026 at par.
Winning bid: Janney Montgomery, at 102.8287, TIC 2.9792%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/20 | $180,000 | 3.00% | 1.55% | ||
| 10/1/21 | $185,000 | 3.00% | 1.70% | ||
| 10/1/22 | $245,000 | 3.00% | 1.90% | ||
| 10/1/23 | $250,000 | 4.00% | 2.05% | ||
| 10/1/24 | $260,000 | 4.00% | 2.15% | ||
| 10/1/25 | $270,000 | 4.00% | 2.25% | ||
| 10/1/26 | $280,000 | 4.00% | 2.30% | ||
| 10/1/27 | $285,000 | 3.00% | 2.35% | ||
| 10/1/28 | $295,000 | 3.00% | 2.45% | ||
| 10/1/29 | $310,000 | 3.00% | 2.60% | ||
| 10/1/30 | $320,000 | 3.00% | 2.65% | ||
| 10/1/31 | $325,000 | 3.00% | 2.80% | ||
| 10/1/32 | $330,000 | 3.00% | 2.90% | ||
| 10/1/33 | $340,000 | 3.00% | 3.00% | ||
| 10/1/34 | $355,000 | 3.25% | 3.10% | ||
| 10/1/35 | $365,000 | 3.25% | 3.20% | ||
| 10/1/36 | $380,000 | 3.25% | 3.25% | ||
| 4/1/37 | $405,000 | 3.50% | 3.30% |
L.O.: Fryberger, Buchanan, Smith & Frederick, Duluth, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
BOK Fin Secs, TIC 3.0333%
Robert W. Baird, TIC 3.0766%
Northland Securities, TIC 3.1371%
Wells Fargo Secs, TIC 3.1851%
TAXABLE ISSUES
WISCONSIN
Greenfield (City)
Mar 21, 2017 . . . . . . $2,915,000
Taxable General Obligation Community Development Bonds, Series 2017A (book entry).
Dated Apr 13, 2017.
Due Apr 1, 2020 to 2030.
Callable Apr 1, 2025 at par.
Winning bid: BOK Fin Secs, at 99.4449, TIC 3.0912%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/20 | $100,000 | 1.85% | 1.85% | ||
| 4/1/21 | $175,000 | 2.15% | 2.15% | ||
| 4/1/22 | $200,000 | 2.35% | 2.35% | ||
| 4/1/23 | $230,000 | 2.50% | 2.50% | ||
| 4/1/24 | $275,000 | 2.70% | 2.70% | ||
| 4/1/25 | $300,000 | 2.85% | 2.85% | ||
| 4/1/26 | $325,000 | 2.95% | 2.95% | ||
| 4/1/27 | $325,000 | 3.10% | 3.10% | ||
| 4/1/28 | $325,000 | 3.20% | 3.20% | ||
| 4/1/29 | $325,000 | 3.30% | 3.30% | ||
| 4/1/30 | $335,000 | 3.40% | 3.40% |
L.O.: Griggs Law Office LLC, Milwaukee, WI.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 3.0914%
Robert W. Baird, TIC 3.118%
Northland Securities, TIC 3.1307%
Fifth Third Secs, TIC 3.1632%
