CALIFORNIA
Milpitas Unified School District
Jan 28, 2010 . . . . . . $11,670,000
2010 General Obligation Refunding Bonds (bank qualified) (book entry).
Dated Feb 18, 2010.
Due Sep 1, 2010 to 2020.
Non-callable.
Winning bid: Piper Jaffray, at 103.6970, TIC 3.0625%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/10 | $945,000 | 2.00% | NRO | NRO | |
| 9/1/11 | $745,000 | 3.00% | 0.85% | ||
| 9/1/12 | $830,000 | 4.00% | 1.15% | ||
| 9/1/13 | $860,000 | 3.00% | 1.40% | ||
| 9/1/14 | $945,000 | 4.00% | 1.85% | ||
| 9/1/15 | $1,115,000 | 3.00% | 2.35% | ||
| 9/1/16 | $1,150,000 | 3.25% | NRO | NRO | |
| 9/1/17 | $1,190,000 | 4.00% | NRO | NRO | |
| 9/1/18 | $1,245,000 | 4.00% | NRO | NRO | |
| 9/1/19 | $1,295,000 | 4.00% | NRO | NRO | |
| 9/1/20 | $1,350,000 | 4.00% | NRO | NRO |
L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.
F.A.: KNN Public Finance, Oakland, CA.
Other bidders were:
Wells Fargo Secs, TIC 3.1098%
Hutchinson Shockey, TIC 3.1357%
Robert W. Baird, TIC 3.1684%
Morgan Stanley, TIC 3.1959%
UBS Financial Svcs, TIC 3.2388%
Southwest Securities, TIC 3.2804%
JPMorgan, TIC 3.7456%
NEVADA
Truckee Meadows Water Authority
Jan 28, 2010 . . . . . . $28,240,000
Water Revenue Refunding Bonds, Series 2010 (book entry).
Dated Feb 17, 2010.
Due Jul 1, 2013 to 2015.
Non-callable.
Winning bid: Wells Fargo Secs, at n/a, TIC 2.05%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/13 | $8,385,000 | 5.00% | 1.55% | ||
| 7/1/14 | $10,420,000 | 5.00% | 1.90% | ||
| 7/1/15 | $9,435,000 | 5.00% | 2.30% |
L.O.: Swendseid & Stern, Reno, NV.
F.A.: Hobbs, Ong & Associates, Inc., Las Vegas, NV; and Public Financial Management, Inc., Seattle, WA.
Other bidders were:
Jefferies, TIC 2.0754%
Fidelity Capital, TIC 2.155%
Barclays Capital, TIC 2.1558%
Piper Jaffray, TIC 2.1607%
Citigroup, TIC 2.1681%
Hutchinson Shockey, TIC 2.1707%
JPMorgan, TIC 2.1789%
Morgan Stanley, TIC 2.1887%
Robert W. Baird, TIC 2.1944%
Stone & Youngberg, TIC 2.1992%
BofA Merrill Lynch, TIC 2.2086%
FirstSouthwest, TIC 2.6332%
NEW JERSEY
Park Ridge Borough
Jan 29, 2010 . . . . . . $4,726,650
General Obligation Bond Anticipation Notes (bank qualified).
Dated Feb 5, 2010.
Due Feb 4, 2011.
Purchased $4,726,650.00 by Jefferies, at 1.5%, plus $37,908.00, effective rate 0.6958%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 0.77%
Beneficial Bk, Effective Rate 0.788%
Valley National Bank, Effective Rate 0.8%
Janney Montgomery, Effective Rate 0.9485%
Oppenheimer, Effective Rate 1.0538%
Lakeland Bank, Effective Rate 1.85%
TEXAS
Marshall (City)
Jan 28, 2010 . . . . . . $1,140,000
Combination Tax and Limited Surplus Revenue Certificates of Obligation, Series 2010 (bank qualified) (book entry).
Dated Jan 15, 2010.
Due Jun 15, 2011 to 2023.
Callable Jun 15, 2018 at par.
Winning bid: BOSC, at 100.0000, TIC 3.3203%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/11 | $70,000 | 4.50% | NRO | NRO | |
| 6/15/12 | $70,000 | 4.50% | NRO | NRO | |
| 6/15/13 | $75,000 | 3.625% | NRO | NRO | |
| 6/15/14 | $75,000 | 2.50% | NRO | NRO | |
| 6/15/15 | $80,000 | 2.50% | NRO | NRO | |
| 6/15/16 | $85,000 | 2.50% | NRO | NRO | |
| 6/15/17 | $85,000 | 2.75% | NRO | NRO | |
| 6/15/19 | $185,000 | 3.25% | NRO | NRO | |
| 6/15/21 | $200,000 | 3.50% | NRO | NRO | |
| 6/15/23 | $215,000 | 3.625% | NRO | NRO |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Southwest Securities, Inc., Longview, TX.
Other bidders were:
Southwest Securities, TIC 3.3248%
FirstSouthwest, TIC 3.3855%
Wells Fargo Advisors, TIC 3.4653%
