IOWA
Aplington-Parkersburg Community School District
Apr 9, 2009 . . . . . . $5,885,000
School Infrastructure Sales, Services and Use Tax Revenue Bonds (bank qualified) (book entry).
Dated May 1, 2009.
Due Jul 1, 2010 to 2029.
Callable Jul 1, 2019 at par.
Winning bid: Northland Securities, at 98.6000, TIC 5.3913%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/10 | $105,000 | 4.50% | NRO | NRO | |
| 7/1/11 | $155,000 | 4.50% | NRO | NRO | |
| 7/1/12 | $165,000 | 4.50% | NRO | NRO | |
| 7/1/13 | $215,000 | 4.50% | NRO | NRO | |
| 7/1/14 | $225,000 | 4.50% | NRO | NRO | |
| 7/1/15 | $235,000 | 4.50% | NRO | NRO | |
| 7/1/16 | $245,000 | 4.50% | NRO | NRO | |
| 7/1/17 | $255,000 | 4.50% | NRO | NRO | |
| 7/1/18 | $265,000 | 4.50% | NRO | NRO | |
| 7/1/19 | $280,000 | 4.75% | NRO | NRO | |
| 7/1/20 | $295,000 | 5.00% | NRO | NRO | |
| 7/1/21 | $310,000 | 5.10% | NRO | NRO | |
| 7/1/22 | $325,000 | 5.20% | NRO | NRO | |
| 7/1/23 | $340,000 | 5.25% | NRO | NRO | |
| 7/1/24 | $360,000 | 5.30% | NRO | NRO | |
| 7/1/25 | $375,000 | 5.40% | NRO | NRO | |
| 7/1/26 | $400,000 | 5.50% | NRO | NRO | |
| 7/1/27 | $420,000 | 5.60% | NRO | NRO | |
| 7/1/28 | $445,000 | 5.65% | NRO | NRO | |
| 7/1/29 | $470,000 | 5.70% | NRO | NRO |
Other managers: Bernardi Securities, Inc., D.A. Davidson & Co..
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
MASSACHUSETTS
Merrimack Valley Regional Transit Authority
Apr 9, 2009 . . . . . . $3,290,000
Revenue Anticipation Notes (new money) (bank qualified) (book entry).
Dated Apr 15, 2009.
Due Apr 15, 2010.
Purchased $3,290,000.00 by Eastern Bank, at 2.25%, plus $5,658.80, effective rate 2.078%.
L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.
F.A.: First Southwest Company, Boston, MA.
Other bidders were:
Jefferies & Co., Effective Rate 2.08%
Janney Montgomery, Effective Rate 2.7536%
NEW JERSEY
West Orange Township
Mar 31, 2009 . . . . . . $6,940,731
Bond Anticipation Notes (bank qualified) (book entry).
Dated Apr 9, 2009.
Due Apr 8, 2010.
Purchased $6,940,730.00 by TD Securities, at 1.5%, plus $61,390.77, effective rate 0.613%.
L.O.: Gibbons P.C., Newark, NJ.
Other bidders were:
PNC Capital Markets, Effective Rate 0.6627%
Sovereign Securities, Effective Rate 0.7296%
Janney Montgomery, Effective Rate 2.1861%
NEW YORK
Oakfield-Alabama Central School District
Apr 9, 2009 . . . . . . $950,000
Bond Anticipation Notes, 2009 (bank qualified).
Dated Apr 16, 2009.
Due Jul 2, 2009.
Purchased $950,000.00 by J.P. Morgan Chase, at 1.52%, effective rate 1.52%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
First Niagara Bank, Effective Rate 2.95%
M & T Bank, Effective Rate 3.21%
Janney Montgomery, Effective Rate 3.9252%
Skaneateles Village
Apr 9, 2009 . . . . . . $165,000
Public Improvement (Serial) Bonds, 2009 (bank qualified).
Dated Apr 23, 2009.
Due Apr 15, 2010 to 2014.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.4709%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/15/10 | $30,000 | 3.25% | NRO | NRO | |
| 4/15/11 | $30,000 | 3.375% | NRO | NRO | |
| 4/15/12 | $35,000 | 3.50% | NRO | NRO | |
| 4/15/13 | $35,000 | 3.50% | NRO | NRO | |
| 4/15/14 | $35,000 | 3.50% | NRO | NRO |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Sage Rutty, NIC 3.6093%
OHIO
Rossford (City)
Apr 9, 2009 . . . . . . $1,770,000
Various Purpose Improvement (Limited Tax) Bond Anticipation Notes, Series 2009 (bank qualified) (book entry).
Dated Apr 23, 2009.
Due Apr 23, 2010.
Purchased $1,770,000.00 by Fifth Third Sec, at 2.0%, plus $4,888.40, effective rate 1.7238%.
L.O.: Squire, Sanders & Dempsey, Cleveland, OH.
F.A.: Sudsina & Associates, Aurora, OH.
Other bidders were:
Janney Montgomery, Effective Rate 2.1296%
RBC Capital Mkts, Effective Rate 2.8518%
WISCONSIN
Bellevue Village
Apr 8, 2009 . . . . . . $1,915,000
General Obligation Promissory Notes, Series 2009 (bank qualified) (book entry).
Dated Apr 28, 2009.
Due Mar 1, 2010 to 2019.
Callable Mar 1, 2016 at par.
Winning bid: UMB Bank, at 99.3250, TIC 3.1381%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/10 | $185,000 | 1.10% | NRO | NRO | |
| 3/1/11 | $100,000 | 1.40% | NRO | NRO | |
| 3/1/12 | $190,000 | 1.80% | NRO | NRO | |
| 3/1/13 | $190,000 | 2.20% | NRO | NRO | |
| 3/1/14 | $195,000 | 2.50% | NRO | NRO | |
| 3/1/15 | $205,000 | 2.75% | NRO | NRO | |
| 3/1/16 | $205,000 | 3.00% | NRO | NRO | |
| 3/1/17 | $210,000 | 3.25% | NRO | NRO | |
| 3/1/18 | $215,000 | 3.50% | NRO | NRO | |
| 3/1/19 | $220,000 | 3.70% | NRO | NRO |
L.O.: Godfrey & Kahn, Milwaukee, WI.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
Robert W. Baird, TIC 3.2145%
Bankers' Bank, TIC 3.2233%
Stifel Nicolaus, TIC 3.2888%
Sovereign Securities, TIC 4.0323%
TAXABLE ISSUES
MICHIGAN
Oakland County
Apr 2, 2009 . . . . . . $50,000,000
General Obligation Limited Tax Notes, Series 2009 Taxable Obligations (book entry).
Dated Apr 1, 2009.
Due Apr 1, 2010.
Purchased $50,000,000.00 by Comerica Securities, at 3.0%, plus $20,000.00, effective rate 2.96%.
L.O.: Axe & Ecklund, P.C., Grosse Pointe Farms, MI.
F.A.: Municipal Financial Consultants, Inc., Grosse Pointe Farms, MI.
Other bidders were:
J.P. Morgan Chase, Effective Rate 3.15%
MINNESOTA
Mahtomedi Independent School District No. 832
Apr 9, 2009 . . . . . . $3,265,000
General Obligation Taxable OPEB Bonds, Series 2009A (MN SD Credit Enhancement Program) (book entry).
Dated May 5, 2009.
Due Feb 1, 2011 to 2024.
Callable Feb 1, 2018 at par.
Winning bid: Wells Fargo Brkge, at 101.0467, TIC 4.7071%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/11 | $180,000 | 3.50% | NRO | NRO | |
| 2/1/12 | $185,000 | 3.50% | NRO | NRO | |
| 2/1/13 | $195,000 | 3.50% | NRO | NRO | |
| 2/1/14 | $200,000 | 3.50% | NRO | NRO | |
| 2/1/15 | $210,000 | 4.50% | NRO | NRO | |
| 2/1/16 | $215,000 | 4.50% | NRO | NRO | |
| 2/1/17 | $225,000 | 4.50% | NRO | NRO | |
| 2/1/18 | $235,000 | 4.50% | NRO | NRO | |
| 2/1/19 | $240,000 | 5.00% | NRO | NRO | |
| 2/1/20 | $250,000 | 5.00% | 4.90% | ||
| 2/1/21 | $260,000 | 5.00% | 5.00% | ||
| 2/1/22 | $275,000 | 5.25% | 5.10% | ||
| 2/1/23 | $290,000 | 5.25% | 5.25% | ||
| 2/1/24 | $305,000 | 5.40% | 5.40% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
Northland Securities, TIC 4.7135%
Hutchinson Shockey, TIC 4.8046%
Piper Jaffray, TIC 4.8569%
United Banker's Bk, TIC 4.894%
Cronin, TIC 4.9232%
BMO Capital Markets, TIC 5.1666%
