MASSACHUSETTS
Lawrence (City)
Dec 21, 2010 . . . . . . $3,362,450
State Qualified General Obligation Deficit Financing Bond Anticipation Notes.
Dated Dec 28, 2010.
Due Dec 1, 2011.
Purchased $3,362,450.00 by Janney Montgomery, at 1.5%, plus n/a, effective rate n/a.
L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
TD Securities, Effective Rate 0.9368%
FirstSouthwest, Effective Rate 1.2776%
Eastern Bank, Effective Rate 1.2776%
Malden (City)
Dec 21, 2010 . . . . . . $5,328,625
General Obligation Bond Anticipation Notes (New Money).
Dated Dec 30, 2010.
Due Dec 16, 2011.
Purchased $5,328,630.00 by TD Securities, at 1.0%, plus $20,194.48, effective rate 0.6057%.
L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
FirstSouthwest, Effective Rate 0.6133%
Eastern Bank, Effective Rate 0.7457%
Janney Montgomery, Effective Rate 1.1098%
MINNESOTA
Glencoe (City)
Dec 20, 2010 . . . . . . $500,000
General Obligation Capital Improvement Plan Refunding Bonds, Series 2011B (bank qualified) (book entry).
Dated Jan 1, 2011.
Due Dec 1, 2011 to 2019.
Non-callable.
Winning bid: UMB Bank, at 98.8742, TIC 2.5139%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/13 | $150,000 | 1.10% | NRO | NRO | |
| 12/1/15 | $105,000 | 1.70% | NRO | NRO | |
| 12/1/17 | $115,000 | 2.30% | NRO | NRO | |
| 12/1/19 | $130,000 | 2.85% | NRO | NRO |
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
Northland Securities, TIC 2.5733%
United Banker's Bk, TIC 2.8758%
Cronin, TIC 2.9823%
Bernardi Securities, TIC 3.0883%
Glencoe (City)
Dec 20, 2010 . . . . . . $4,020,000
General Obligation Refunding Bonds, Series 2011A (bank qualified) (book entry).
Dated Jan 1, 2011.
Due Dec 1, 2011 to 2022.
Non-callable.
Winning bid: UMB Bank, at 99.2720, TIC 1.9695%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/11 | $800,000 | 0.55% | NRO | NRO | |
| 12/1/12 | $800,000 | 0.85% | NRO | NRO | |
| 12/1/13 | $725,000 | 1.10% | NRO | NRO | |
| 12/1/14 | $640,000 | 1.45% | NRO | NRO | |
| 12/1/15 | $260,000 | 1.75% | NRO | NRO | |
| 12/1/16 | $275,000 | 2.05% | NRO | NRO | |
| 12/1/17 | $280,000 | 2.30% | NRO | NRO | |
| 12/1/18 | $100,000 | 2.50% | NRO | NRO | |
| 12/1/22 | $140,000 | 3.45% | NRO | NRO |
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
Northland Securities, TIC 1.9729%
United Banker's Bk, TIC 1.9936%
Robert W. Baird, TIC 2.0883%
Cronin, TIC 2.2056%
Morgan Keegan, TIC 2.2057%
Piper Jaffray, TIC 2.3145%
M&I Marshall, TIC 2.3319%
UBS Financial Svcs, TIC 2.374%
NEW JERSEY
East Brunswick Township
Dec 21, 2010 . . . . . . $28,390,000
Bond Anticipation Notes (book entry).
Dated Jan 6, 2011.
Due Jan 6, 2012.
Purchased $28,390,000.00 by Beneficial Bk, at 2.0%, plus $377,870.90, effective rate 0.669%.
L.O.: DeCotiis, FitzPatrick, Cole & Wisler, LLP, Teaneck, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, Effective Rate 0.749%
TD Securities, Effective Rate 0.787%
Jefferies, Effective Rate 0.7907%
Mount Arlington Borough
Dec 21, 2010 . . . . . . $494,000
Bond Anticipation Notes (bank qualified).
Dated Dec 29, 2010.
Due Dec 28, 2011.
Purchased $494,000.00 by Oppenheimer, at 2.25%, plus $150.00, effective rate 2.2196%.
L.O.: Law Offices of John G. Hudak, Esq., LLC, Linden, NJ.
F.A.: Municipal Official(s).
Other bidders were:
PNC Bank, Effective Rate 2.39%
Union Beach Borough
Dec 21, 2010 . . . . . . $1,750,000
Tax Anticipation Notes (bank qualified).
Dated Dec 29, 2010.
Due Jul 28, 2011.
Purchased $1,750,000.00 by Janney Montgomery, at 2.125%, plus n/a, effective rate n/a.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Vernon Township
Dec 21, 2010 . . . . . . $13,395,000
General Bonds of 2011 (book entry).
Dated Jan 6, 2011.
Due Jan 1, 2012 to 2026.
Callable Jan 1, 2021 at par.
Winning bid: UBS Financial Svcs, at 100.0074, NIC 3.9632%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/1/12 | $595,000 | 3.00% | NRO | NRO | |
| 1/1/13 | $640,000 | 3.00% | NRO | NRO | |
| 1/1/14 | $680,000 | 3.00% | NRO | NRO | |
| 1/1/15 | $720,000 | 3.00% | NRO | NRO | |
| 1/1/16 | $765,000 | 3.00% | NRO | NRO | |
| 1/1/17 | $810,000 | 3.25% | NRO | NRO | |
| 1/1/18 | $850,000 | 3.25% | NRO | NRO | |
| 1/1/19 | $890,000 | 3.50% | NRO | NRO | |
| 1/1/20 | $935,000 | 3.50% | NRO | NRO | |
| 1/1/21 | $980,000 | 4.00% | NRO | NRO | |
| 1/1/22 | $1,020,000 | 4.00% | NRO | NRO | |
| 1/1/23 | $1,065,000 | 4.125% | NRO | NRO | |
| 1/1/24 | $1,105,000 | 4.25% | NRO | NRO | |
| 1/1/25 | $1,150,000 | 4.50% | NRO | NRO | |
| 1/1/26 | $1,190,000 | 4.50% | NRO | NRO |
Other managers: Roosevelt & Cross, Inc., Fidelity Capital Markets, CL King & Associates, Stifel, Nicolaus & Co., Inc., Wells Fargo Advisors, Bank of New York Mellon Capital Markets, LLC, Citigroup Global Markets, Inc..
In association with: Wiley Bros.-Aintree Capital LLC.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Nisivoccia & Company LLP, Mt Arlington, NJ; and Benecke Economics, Moonachie, NJ.
Other bidders were:
Janney Montgomery, NIC 4.1109%
Morgan Stanley, NIC 4.1408%
NEW YORK
Schenectady County
Dec 21, 2010 . . . . . . $1,939,419
Various Purposes Serial Bonds, Series 2010B Bonds) (bank qualified) (book entry).
Dated Dec 30, 2010.
Due Dec 15, 2012 to 2019.
Non-callable.
Winning bid: Morgan Keegan, at 107.0508, TIC 1.8529%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/12 | $389,419 | 4.00% | NRO | NRO | |
| 12/15/13 | $400,000 | 4.00% | NRO | NRO | |
| 12/15/14 | $400,000 | 4.00% | NRO | NRO | |
| 12/15/15 | $450,000 | 4.00% | NRO | NRO | |
| 12/15/16 | $75,000 | 2.50% | NRO | NRO | |
| 12/15/17 | $75,000 | 2.50% | NRO | NRO | |
| 12/15/18 | $75,000 | 2.75% | NRO | NRO | |
| 12/15/19 | $75,000 | 3.00% | NRO | NRO |
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Roosevelt & Cross, TIC 1.9952%
Incapital, TIC 2.0342%
M&I Marshall, TIC 2.2764%
PENNSYLVANIA
Allegheny County
Dec 21, 2010 . . . . . . $50,000,000
Tax and Revenue Anticipation Notes, Series of 2011 (book entry).
Dated Jan 4, 2011.
Due Apr 5, 2011.
Purchased $50,000,000.00 by Boenning&Scattergood, at 1.0%, plus $76,000.00, effective rate 0.3983%.
L.O.: R. Darryl Ponton & Associates, Pittsburgh, PA.
F.A.: Public Financial Management, Inc., Philadelphia, PA.
Other bidders were:
Citigroup, Effective Rate 0.4418%
RBC Capital Mkts, Effective Rate 0.4418%
TD Securities, Effective Rate 0.4438%
JPMorgan, Effective Rate 0.4458%
Janney Montgomery, Effective Rate 0.4497%
PNC Capital Markets, Effective Rate 0.4537%
Piper Jaffray, Effective Rate 0.4557%
Morgan Stanley, Effective Rate 0.4616%
Oppenheimer, Effective Rate 0.4695%
Jefferies, Effective Rate 0.4735%
Stroud Township Sewer Authority
Dec 21, 2010 . . . . . . $5,995,000
Guaranteed Sewer Revenue Bonds, Series of 2011 (bank qualified) (book entry).
Dated Jan 25, 2011.
Due Nov 15, 2012 to 2026.
Callable May 15, 2016 at par.
Winning bid: BNY Mellon Cap Mkts, at n/a, TIC 4.4556%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/12 | $5,000 | 2.00% | NRO | NRO | AGM |
| 11/15/13 | $5,000 | 2.00% | NRO | NRO | AGM |
| 11/15/14 | $45,000 | 2.00% | NRO | NRO | AGM |
| 11/15/15 | $35,000 | 2.50% | NRO | NRO | AGM |
| 11/15/16 | $35,000 | 2.25% | NRO | NRO | AGM |
| 11/15/17 | $30,000 | 2.65% | NRO | NRO | AGM |
| 11/15/22 | $360,000 | 3.80% | NRO | NRO | AGM |
| 11/15/23 | $1,325,000 | 4.05% | NRO | NRO | AGM |
| 11/15/24 | $1,575,000 | 4.20% | NRO | NRO | AGM |
| 11/15/25 | $1,640,000 | 4.35% | NRO | NRO | AGM |
| 11/15/26 | $940,000 | 4.45% | NRO | NRO | AGM |
L.O.: Mette, Evans & Woodside, Harrisburg, PA.
F.A.: Concord Public Financial Advisors, Inc., Lancaster, PA.
Other bidders were:
Janney Montgomery, TIC 4.5627%
UBS Financial Svcs, TIC 4.827%
Robert W. Baird, TIC 5.0636%
TAXABLE ISSUES
MINNESOTA
Carlton County
Dec 21, 2010 . . . . . . $4,750,000
Taxable General Obligation Capital Improvement Bonds, Series 2010B (Recovery Zone Economic Development Bonds) (County Credit Enhancement Program) (book entry).
Dated Dec 29, 2010.
Due Feb 1, 2026 to 2030.
Callable Feb 1, 2020 at par.
Winning bid: United Banker's Bk, at n/a, TIC 3.11%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/26 | $900,000 | 5.25% | 5.25% | ||
| 2/1/27 | $920,000 | 5.375% | 5.375% | ||
| 2/1/28 | $950,000 | 5.50% | 5.50% | ||
| 2/1/29 | $975,000 | 5.625% | 5.625% | ||
| 2/1/30 | $1,005,000 | 5.75% | 5.75% |
L.O.: Fryberger, Buchanan, Smith & Frederick, Duluth, MN.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Robert W. Baird, TIC 5.7042%
Stifel Nicolaus, TIC 5.8304%
BMO Capital Markets, TIC 5.8657%
M&I Marshall, TIC 6.0059%
Northland Securities, TIC 6.1948%
Carlton County
Dec 21, 2010 . . . . . . $5,000,000
Taxable General Obligation Capital Improvement Bonds, Series 2010A (Build America Bonds- Direct Payment) (County Credit Enhancement Program) (book entry).
Dated Dec 29, 2010.
Due Feb 1, 2012 to 2025.
Callable Feb 1, 2020 at par.
Winning bid: M&I Marshall, at n/a, TIC 3.0921%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/12 | $180,000 | 1.25% | NRO | NRO | |
| 2/1/13 | $185,000 | 1.55% | NRO | NRO | |
| 2/1/14 | $195,000 | 2.05% | NRO | NRO | |
| 2/1/15 | $200,000 | 2.65% | NRO | NRO | |
| 2/1/16 | $205,000 | 3.15% | NRO | NRO | |
| 2/1/17 | $205,000 | 3.55% | NRO | NRO | |
| 2/1/18 | $210,000 | 3.90% | NRO | NRO | |
| 2/1/19 | $215,000 | 4.15% | NRO | NRO | |
| 2/1/20 | $230,000 | 4.50% | NRO | NRO | |
| 2/1/21 | $235,000 | 4.50% | NRO | NRO | |
| 2/1/22 | $560,000 | 4.90% | NRO | NRO | |
| 2/1/23 | $570,000 | 5.10% | NRO | NRO | |
| 2/1/24 | $890,000 | 5.25% | NRO | NRO | |
| 2/1/25 | $920,000 | 5.25% | NRO | NRO |
Other managers: Sterne, Agee & Leach, Inc.
L.O.: Fryberger, Buchanan, Smith & Frederick, Duluth, MN.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Robert W. Baird, TIC 3.1322%
BMO Capital Markets, TIC 3.1952%
Northland Securities, TIC 3.2784%
Piper Jaffray, TIC 3.4984%
NEW JERSEY
Burlington County
Dec 21, 2010 . . . . . . $15,629,000
General Obligation Bonds, Series 2010 (Taxable Recovery Zone Economic Development Bonds) (book entry).
Dated Dec 28, 2010.
Due Dec 15, 2011 to 2025.
Callable Dec 15, 2020 at par.
Winning bid: Ramirez, at 100.0000, NIC 4.7839%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/11 | $625,000 | 1.28% | NRO | NRO | |
| 12/15/12 | $955,000 | 1.60% | 1.35% | ||
| 12/15/13 | $965,000 | 2.20% | NRO | NRO | |
| 12/15/14 | $975,000 | 2.78% | 2.54% | ||
| 12/15/15 | $990,000 | 3.19% | 2.94% | ||
| 12/15/16 | $1,005,000 | 3.75% | 3.47% | ||
| 12/15/17 | $1,020,000 | 4.20% | 3.92% | ||
| 12/15/18 | $1,040,000 | 4.38% | 4.12% | ||
| 12/15/19 | $1,065,000 | 4.60% | 4.37% | ||
| 12/15/20 | $1,085,000 | 4.79% | NRO | NRO | |
| 12/15/21 | $1,115,000 | 5.04% | NRO | NRO | |
| 12/15/22 | $1,145,000 | 5.30% | 5.10% | ||
| 12/15/23 | $1,180,000 | 5.30% | 5.30% | ||
| 12/15/24 | $1,215,000 | 5.50% | 5.50% | ||
| 12/15/25 | $1,249,000 | 5.65% | 5.65% |
L.O.: Parker, McCay, P.A., Marlton, NJ.
F.A.: Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
Roosevelt & Cross, NIC 6.0823%
Wells Fargo Secs, NIC 6.1792%
NEW YORK
Schenectady County
Dec 21, 2010 . . . . . . $4,861,000
Various Purposes Serial Bonds, Series 2010A-2 (Taxable-Recovery Zone Economic Development Bonds) (book entry).
Dated Dec 30, 2010.
Due Dec 15, 2012 to 2025.
Non-callable.
Winning bid: Robert W. Baird, at n/a, TIC 2.0924%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/15/12 | $611,000 | 1.30% | 1.25% | ||
| 12/15/13 | $770,000 | 1.85% | 1.75% | ||
| 12/15/14 | $790,000 | 2.20% | 2.05% | ||
| 12/15/15 | $790,000 | 2.95% | 2.75% | ||
| 12/15/16 | $275,000 | 3.25% | 3.05% | ||
| 12/15/17 | $250,000 | 3.75% | 3.50% | ||
| 12/15/18 | $250,000 | 4.05% | 3.80% | ||
| 12/15/19 | $250,000 | 4.45% | 4.20% | ||
| 12/15/20 | $250,000 | 4.75% | 4.50% | ||
| 12/15/21 | $125,000 | 5.10% | 4.85% | ||
| 12/15/22 | $125,000 | 5.35% | 5.10% | ||
| 12/15/23 | $125,000 | 5.50% | 5.30% | ||
| 12/15/24 | $125,000 | 5.70% | 5.50% | ||
| 12/15/25 | $125,000 | 5.90% | 5.70% |
Other managers: Coastal Securities Corp., Kildare Capital, Inc., Edward D. Jones & Co., Eastern Bank Capital Markets, Crews & Associates, Inc., Davenport & Company LLC, Vining-Sparks IBG, Limited Partnership, Jackson Securities Inc..
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Incapital, TIC 2.6772%
Roosevelt & Cross, TIC 4.0316%
NORTH DAKOTA
Cavalier County
Dec 20, 2010 . . . . . . $800,000
Taxable General Obligation Highway Bonds, Series 2010 (Recovery Zone Economic Development Bonds) (book entry).
Dated Dec 30, 2010.
Due May 1, 2011 to 2015.
Non-callable.
Winning bid: UMB Bank, at 99.4000, TIC 2.4679%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/11 | $155,000 | 1.00% | NRO | NRO | |
| 5/1/12 | $160,000 | 1.35% | NRO | NRO | |
| 5/1/13 | $160,000 | 1.75% | NRO | NRO | |
| 5/1/14 | $160,000 | 2.20% | NRO | NRO | |
| 5/1/15 | $165,000 | 2.80% | NRO | NRO |
L.O.: Arntson & Stewart, Fargo, ND.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
M&I Marshall, TIC 2.5001%
Northland Securities, TIC 2.7282%
Dougherty, TIC 2.7469%
