Results of Negotiated Sales

KANSAS

Sherman County Unified School District No. 352 (Goodland)

Jun 6, 2016 . . . . . . $9,265,000

General Obligation Refunding Bonds, Series 2016 (bank qualified) (book entry)

Dated Jun 28, 2016.

Due Sep 1, 2022 to 2033.

First coupon Mar 1, 2017.

2027-2033 Callable Sep 1, 2026 at par.

Purchased through negotiation by Piper Jaffray & Company, as follows:

Due Amount Cpn Reoffered Ins
9/1/24 $300,000 1.75% 1.75% BAM
9/1/25 $880,000 3.00% 1.85% BAM
9/1/26 $905,000 3.00% 1.95% BAM
9/1/27 $935,000 3.00% 2.05% BAM
9/1/28 $965,000 3.00% 2.15% BAM
9/1/29 $995,000 3.00% 2.25% BAM
9/1/30 $1,025,000 3.00% 2.35% BAM
9/1/31 $1,055,000 3.00% 2.45% BAM
9/1/32 $1,085,000 3.00% 2.55% BAM
9/1/33 $1,120,000 3.00% 2.65% BAM

L.O.: Gilmore & Bell, Wichita, KS.

MINNESOTA

Minnesota Housing Finance Agency

Jun 1, 2016 . . . . . . $80,000,000

Variable Rate Drawdown Index Bonds, Series 2016 B1 (book entry)

Dated Jun 1, 2016.

Due Jun 1, 2046.

First coupon Jul 1, 2016.

2046-2046 Callable Aug 1, 2016 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
6/1/46 $80,000,000 n/a n/a

L.O.: Kutak Rock, Minneapolis, MN.

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Negotiated sales results
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