INDIANA
Highland (Town)
Oct 16, 2008 . . . . . . $1,900,000
General Obligation Bonds of 2008 (bank qualified) (book entry).
Dated Oct 23, 2008.
Due Feb 1, 2010 to 2019.
Callable Aug 1, 2016 at par.
Winning bid: People's Bk, at n/a, NIC 4.75%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
2/1/10 | $190,000 | 4.75% | NRO | NRO | |
2/1/11 | $190,000 | 4.75% | NRO | NRO | |
2/1/12 | $190,000 | 4.75% | NRO | NRO | |
2/1/13 | $190,000 | 4.75% | NRO | NRO | |
2/1/14 | $190,000 | 4.75% | NRO | NRO | |
2/1/15 | $190,000 | 4.75% | NRO | NRO | |
2/1/16 | $190,000 | 4.75% | NRO | NRO | |
2/1/17 | $190,000 | 4.75% | NRO | NRO | |
2/1/18 | $190,000 | 4.75% | NRO | NRO | |
2/1/19 | $190,000 | 4.75% | NRO | NRO |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: London Witte Group, Indianapolis, IN.
Other bidders were:
Silverton Bank, NIC 4.7529%
First Financial Bk, NIC 4.8%
City Securities, NIC 4.8971%
First Midwest, NIC 5.5%
Raymond James, NIC 5.9354%
NEW JERSEY
Somerdale Borough
Oct 17, 2008 . . . . . . $750,000
Bond Anticipation Notes of 2008, Series C (bank qualified).
Dated Oct 24, 2008.
Due Feb 13, 2009.
Purchased $750,000.00 by Sun National Bank, at 3.57%, effective rate 3.57%.
L.O.: Parker, McCay & Criscuolo, Marlton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Banknorth, N.A, Effective Rate 3.99%
SOUTH CAROLINA
Richland County School District No. 1
Oct 17, 2008 . . . . . . $6,500,000
General Obligation Bonds, Series 2008 (bank qualified) (book entry).
Dated Oct 30, 2008.
Due Mar 2, 2009.
Purchased $6,500,000.00 by Wachovia Bank, at 4.0%, plus $20,670.00, effective rate 3.0616%.
L.O.: McNair Law Firm, Columbia, SC; and Cromartie Law Firm, Columbia, SC.
F.A.: Public Financial Management, Inc., Atlanta, GA.
Other bidders were:
Morgan Stanley, Effective Rate 4.2551%
Morgan Stanley, Effective Rate 4.375%
Janney Montgomery, Effective Rate 4.4882%