KENTUCKY
Burgin Independent School District Finance Corporation
May 31, 2011 . . . . . . $2,345,000
School Building Revenue Bonds, Series of 2011 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jun 1, 2011.
Due Jun 1, 2012 to 2031.
Callable Jun 1, 2021 at par.
Winning bid: Morgan Keegan, at 98.0000, NIC 4.1128%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/12 | $60,000 | 1.00% | NRO | NRO | |
| 6/1/13 | $55,000 | 1.25% | NRO | NRO | |
| 6/1/14 | $55,000 | 1.50% | NRO | NRO | |
| 6/1/17 | $175,000 | 2.00% | NRO | NRO | |
| 6/1/20 | $185,000 | 2.875% | NRO | NRO | |
| 6/1/22 | $135,000 | 3.50% | NRO | NRO | |
| 6/1/25 | $260,000 | 4.00% | NRO | NRO | |
| 6/1/27 | $440,000 | 4.00% | NRO | NRO | |
| 6/1/29 | $470,000 | 4.125% | NRO | NRO | |
| 6/1/31 | $510,000 | 4.30% | NRO | NRO |
L.O.: Henry M. Reed III, Louisville, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
Other bidders were:
Ross Sinclaire, NIC 4.1693%
Sterne Agee, NIC 4.2071%
MINNESOTA
Litchfield (City)
May 31, 2011 . . . . . . $925,000
General Obligation Improvement and Refunding Bonds, Series 2011C (bank qualified) (book entry).
Dated Jun 23, 2011.
Due Feb 1, 2012 to 2027.
Callable Feb 1, 2020 at par.
Winning bid: United Banker's Bk, at n/a, TIC 3.0093%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/14 | $165,000 | 1.00% | 1.00% | ||
| 2/1/16 | $135,000 | 1.30% | 1.30% | ||
| 2/1/18 | $150,000 | 2.00% | 2.00% | ||
| 2/1/20 | $160,000 | 2.60% | 2.60% | ||
| 2/1/23 | $125,000 | 3.20% | 3.20% | ||
| 2/1/27 | $190,000 | 3.70% | 3.70% |
L.O.: Briggs & Morgan, St. Paul, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Northland Securities, TIC 3.045%
Bernardi Securities, TIC 3.259%
Cronin, TIC 3.2879%
Litchfield (City)
May 31, 2011 . . . . . . $3,275,000
General Obligation Capital Improvement Plan Bonds, Series 2011B (bank qualified) (book entry).
Dated Jun 23, 2011.
Due Feb 1, 2013 to 2032.
Callable Feb 1, 2020 at par.
Winning bid: Robert W. Baird, at 99.6896, TIC 3.657%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/13 | $120,000 | 2.00% | 0.70% | ||
| 2/1/14 | $120,000 | 2.00% | 1.00% | ||
| 2/1/15 | $120,000 | 2.00% | 1.30% | ||
| 2/1/16 | $125,000 | 2.00% | 1.50% | ||
| 2/1/17 | $130,000 | 2.00% | 1.85% | ||
| 2/1/18 | $130,000 | 2.50% | 2.20% | ||
| 2/1/19 | $135,000 | 3.00% | 2.45% | ||
| 2/1/20 | $140,000 | 3.00% | 2.65% | ||
| 2/1/22 | $305,000 | 3.00% | 3.00% | ||
| 2/1/24 | $325,000 | 3.125% | 3.25% | ||
| 2/1/26 | $355,000 | 4.00% | 3.55% | ||
| 2/1/28 | $385,000 | 4.00% | 3.80% | ||
| 2/1/30 | $420,000 | 4.00% | 4.00% | ||
| 2/1/32 | $465,000 | 4.125% | 4.20% |
Other managers: CL King & Associates, Coastal Securities Corp., Kildare Capital, Inc., Edward D. Jones & Co., SAMCO Capital Markets, Loop Capital Markets, LLC, Crews & Associates, Inc., Davenport & Company LLC, Cronin & Co., Inc., Jackson Securities Inc., Isaak Bond Investments, Inc., FTN Financial Capital Markets, Country Club Bank, Dougherty & Company LLC.
L.O.: Briggs & Morgan, St. Paul, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Bernardi Securities, TIC 3.6931%
United Banker's Bk, TIC 3.7036%
Piper Jaffray, TIC 3.786%
UBS Financial Svcs, TIC 4.1591%
NEW JERSEY
Carneys Point Township
May 31, 2011 . . . . . . $500,000
Bond Anticipation Notes (bank qualified) (book entry).
Dated Jun 8, 2011.
Due Jun 8, 2012.
Purchased $500,000.00 by First Elmer Inv Corp, at 1.94%, effective rate 1.94%.
L.O.: McManimon & Scotland, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 2.855%
Union Township
May 31, 2011 . . . . . . $1,568,756
Bond Anticipation Notes (bank qualified).
Dated Jun 6, 2011.
Due Jun 5, 2012.
Purchased $1,568,760.00 by PNC Capital Markets, at 1.71%, effective rate 1.71%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, Effective Rate 1.9118%
Oppenheimer, Effective Rate 2.3651%
NEW YORK
Bath Central School District
May 31, 2011 . . . . . . $12,470,000
Bond Anticipation Notes, 2010 (Renewals) (book entry).
Dated Jun 15, 2011.
Due Jun 15, 2012.
Purchased $12,470,000.00 by TD Securities, at 1.5%, plus $42,148.60, effective rate 1.162%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.22%
JPMorgan Chase, Effective Rate 1.33%
Oppenheimer, Effective Rate 1.8444%
Elmira City School District
May 31, 2011 . . . . . . $6,670,000
School District (Serial) Bonds, 2011 (book entry).
Dated Jun 15, 2011.
Due Jun 15, 2012 to 2023.
Callable Jun 15, 2019 at par.
Winning bid: Raymond James, at n/a, TIC 3.4057%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/12 | $495,000 | 3.125% | 1.10% | AGM | |
| 6/15/13 | $500,000 | 3.00% | 1.25% | AGM | |
| 6/15/14 | $505,000 | 3.00% | 1.60% | AGM | |
| 6/15/15 | $515,000 | 3.00% | 1.90% | AGM | |
| 6/15/16 | $525,000 | 3.00% | 2.10% | AGM | |
| 6/15/17 | $535,000 | 3.00% | 2.45% | AGM | |
| 6/15/18 | $550,000 | 3.00% | 2.80% | AGM | |
| 6/15/19 | $565,000 | 3.00% | 3.08% | AGM | |
| 6/15/20 | $585,000 | 3.25% | 3.35% | AGM | |
| 6/15/21 | $610,000 | 3.50% | 3.55% | AGM | |
| 6/15/22 | $630,000 | 4.00% | 3.70% | AGM | |
| 6/15/23 | $655,000 | 4.00% | 3.85% | AGM |
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, US Bancorp Investments, Inc..
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Robert W. Baird, TIC 3.4864%
Roosevelt & Cross, TIC 3.6031%
Elmira City School District
May 31, 2011 . . . . . . $11,766,830
Bond Anticipation Notes, 2011 Series B (New and Renewals).
Dated Jun 15, 2011.
Due Jun 15, 2012.
Purchased $11,766,830.00 by TD Securities, at 1.75%, plus $56,833.79, effective rate 1.267%.
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.294%
Oppenheimer, Effective Rate 1.356%
Jefferies & Company, Effective Rate 1.379%
Oppenheimer, Effective Rate 1.429%
Janney Montgomery, Effective Rate 1.584%
Jordan-Elbridge Central School District
May 31, 2011 . . . . . . $272,000
School District (Serial) Bonds, 2011 (bank qualified).
Dated Jun 15, 2011.
Due Jun 15, 2012 to 2016.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 2.4674%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/12 | $52,000 | 2.25% | NRO | NRO | |
| 6/15/13 | $55,000 | 2.375% | NRO | NRO | |
| 6/15/14 | $55,000 | 2.50% | NRO | NRO | |
| 6/15/15 | $55,000 | 2.50% | NRO | NRO | |
| 6/15/16 | $55,000 | 2.50% | NRO | NRO |
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Bank of Greene Co, NIC 2.5903%
JPMorgan Chase, NIC 2.98%
Lackawanna City School District
May 31, 2011 . . . . . . $7,610,000
Bond Anticipation Notes, 2011 (Renewals) (bank qualified) (book entry).
Dated Jun 15, 2011.
Due Jun 14, 2012.
Purchased $7,610,000.00 by TD Securities, at 2.0%, plus $68,642.00, effective rate 1.0955%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Jefferies & Company, Effective Rate 1.1437%
Janney Montgomery, Effective Rate 1.1811%
HSBC Securities, Effective Rate 1.49%
Oppenheimer, Effective Rate 1.5113%
JPMorgan Chase, Effective Rate 1.64%
Roosevelt & Cross, Effective Rate 1.9709%
OKLAHOMA
Tulsa County Independent School District No. 13 (Glenpool)
May 31, 2011 . . . . . . $775,000
Building Bonds of 2011 (bank qualified) (book entry).
Dated Jul 1, 2011.
Due Jul 1, 2013.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 0.97%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/13 | $775,000 | 1.00% | NRO | NRO |
In association with: The American Heritage Bank.
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
BOSC, NIC 1.0%
UMB Bank, NIC 1.145%
D.A. Davidson, NIC 1.222%
