IOWA
Ogden Community School District
Feb 14, 2011 . . . . . . $3,920,000
School Infrastructure Sales, Services and Use Tax Revenue Bonds, Series 2011 (bank qualified) (book entry).
Dated Apr 1, 2011.
Due Jan 1, 2012 to 2030.
Callable Jan 1, 2020 at par.
Winning bid: D.A. Davidson, at 99.2849, TIC 3.8505%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/1/12 | $125,000 | 0.65% | NRO | NRO | |
| 1/1/13 | $125,000 | 3.00% | NRO | NRO | |
| 1/1/14 | $150,000 | 3.00% | NRO | NRO | |
| 1/1/15 | $170,000 | 3.00% | NRO | NRO | |
| 1/1/16 | $175,000 | 3.00% | NRO | NRO | |
| 1/1/17 | $180,000 | 3.00% | NRO | NRO | |
| 1/1/18 | $185,000 | 3.00% | NRO | NRO | |
| 1/1/19 | $190,000 | 3.00% | NRO | NRO | |
| 1/1/20 | $200,000 | 3.125% | NRO | NRO | |
| 1/1/21 | $205,000 | 3.375% | NRO | NRO | |
| 1/1/22 | $210,000 | 3.50% | NRO | NRO | |
| 1/1/23 | $220,000 | 3.625% | NRO | NRO | |
| 1/1/24 | $225,000 | 3.75% | NRO | NRO | |
| 1/1/25 | $235,000 | 3.875% | NRO | NRO | |
| 1/1/26 | $245,000 | 4.00% | NRO | NRO | |
| 1/1/28 | $520,000 | 4.125% | NRO | NRO | |
| 1/1/30 | $560,000 | 4.25% | NRO | NRO |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
Hutchinson Shockey, TIC 4.3468%
Piper Jaffray, TIC 4.3539%
Northland Securities, TIC 4.3802%
Robert W. Baird, TIC 4.4324%
Ottumwa Community School District
Feb 14, 2011 . . . . . . $3,315,000
General Obligation School Refunding Bonds, Series 2011 (bank qualified) (book entry).
Dated Apr 1, 2011.
Due Jun 1, 2012 to 2015.
Non-callable.
Winning bid: Hutchinson Shockey, at 101.8598, TIC 1.258%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/12 | $870,000 | 2.00% | NRO | NRO | |
| 6/1/13 | $875,000 | 2.00% | NRO | NRO | |
| 6/1/14 | $895,000 | 2.00% | NRO | NRO | |
| 6/1/15 | $675,000 | 2.00% | NRO | NRO |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
D.A. Davidson, TIC 1.3986%
Piper Jaffray, TIC 1.4515%
UMB Bank, TIC 1.4582%
Robert W. Baird, TIC 1.4635%
Morgan Keegan, TIC 1.4942%
Country Club Bank, TIC 1.495%
BMO Capital Markets, TIC 1.812%
MICHIGAN
Burton (City)
Feb 14, 2011 . . . . . . $4,295,000
2011 General Obligation Limited Tax Bonds (bank qualified) (book entry).
Dated Mar 1, 2011.
Due Oct 1, 2012 to 2030.
Callable Oct 1, 2019 at par.
Winning bid: Stifel Nicolaus, at 98.5000, TIC 5.0123%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/12 | $150,000 | 5.00% | NRO | NRO | |
| 10/1/13 | $150,000 | 5.00% | NRO | NRO | |
| 10/1/14 | $150,000 | 5.00% | NRO | NRO | |
| 10/1/15 | $150,000 | 5.00% | NRO | NRO | |
| 10/1/16 | $195,000 | 5.00% | NRO | NRO | |
| 10/1/17 | $200,000 | 5.00% | NRO | NRO | |
| 10/1/18 | $200,000 | 3.55% | NRO | NRO | |
| 10/1/19 | $200,000 | 3.875% | NRO | NRO | |
| 10/1/20 | $200,000 | 4.125% | NRO | NRO | |
| 10/1/21 | $200,000 | 4.375% | NRO | NRO | |
| 10/1/22 | $200,000 | 4.55% | NRO | NRO | |
| 10/1/23 | $200,000 | 4.75% | NRO | NRO | |
| 10/1/24 | $250,000 | 4.90% | NRO | NRO | |
| 10/1/26 | $500,000 | 5.00% | NRO | NRO | |
| 10/1/28 | $650,000 | 5.05% | NRO | NRO | |
| 10/1/30 | $700,000 | 5.10% | NRO | NRO |
Other managers: Oppenheimer & Co., Inc., Raymond James & Associates, Inc., Bernardi Securities, Inc., Comerica Securities.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
Other bidders were:
Fifth Third Sec, TIC 5.1662%
J.J.B. Hilliard, TIC 5.3846%
Wells Fargo Secs, TIC 5.5842%
Robert W. Baird, TIC 6.0367%
MINNESOTA
Chisholm (City)
Feb 14, 2011 . . . . . . $1,180,000
General Obligation Bonds, Series 2011A (bank qualified) (book entry).
Dated Mar 1, 2011.
Due Feb 1, 2012 to 2026.
Callable Feb 1, 2020 at par.
Winning bid: Cronin, at 100.5972, TIC 3.1449%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/12 | $35,000 | 2.00% | 0.60% | ||
| 2/1/13 | $100,000 | 2.00% | 1.00% | ||
| 2/1/14 | $100,000 | 2.00% | 1.30% | ||
| 2/1/15 | $100,000 | 2.00% | 1.75% | ||
| 2/1/16 | $100,000 | 2.50% | 2.00% | ||
| 2/1/17 | $110,000 | 3.00% | 2.40% | ||
| 2/1/18 | $110,000 | 3.00% | 2.75% | ||
| 2/1/19 | $110,000 | 3.00% | 3.00% | ||
| 2/1/20 | $115,000 | 3.25% | 3.25% | ||
| 2/1/22 | $110,000 | 3.60% | 3.60% | ||
| 2/1/26 | $190,000 | 4.00% | 3.85% |
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Northland Securities, TIC 3.1502%
UBS Financial Svcs, TIC 3.1735%
United Banker's Bk, TIC 3.2284%
Robert W. Baird, TIC 3.2299%
UMB Bank, TIC 3.3118%
Farmington Independent School District No. 192
Feb 14, 2011 . . . . . . $5,000,000
General Obligation Aid Anticipation Certificates of Indebtedness, Series 2011A (Minnesota School District Credit Enhancement Program) (book entry).
Dated Mar 2, 2011.
Due Sep 2, 2011.
Purchased $5,000,000.00 by Jefferies, at 0.75%, plus $5,100.00, effective rate 0.546%.
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, Effective Rate 0.644%
Oppenheimer, Effective Rate 1.406%
Metropolitan Council (Minneapolis-St. Paul Metropolitan Area)
Feb 14, 2011 . . . . . . $9,230,000
General Obligation Wastewater Revenue Refunding Bonds, Sereis 2011B (book entry).
Dated Mar 15, 2011.
Due Dec 1, 2011 to 2015.
Non-callable.
Winning bid: Piper Jaffray, at 103.8471, TIC 1.3358%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/11 | $1,500,000 | 4.00% | NRO | NRO | |
| 12/1/12 | $2,005,000 | 4.00% | S.B. | S.B. | |
| 12/1/13 | $2,090,000 | 2.50% | 1.00% | ||
| 12/1/14 | $2,165,000 | 3.00% | 1.47% | ||
| 12/1/15 | $1,470,000 | 2.00% | NRO | NRO |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Stifel Nicolaus, TIC 1.3529%
Incapital, TIC 1.3635%
Citigroup, TIC 1.3685%
JPMorgan, TIC 1.3728%
Robert W. Baird, TIC 1.4073%
Jefferies, TIC 1.4179%
Wells Fargo Secs, TIC 1.4315%
TD Securities, TIC 1.4399%
BMO Capital Markets, TIC 1.4959%
KeyBanc Cap Mkts, TIC 1.5063%
M&I Marshall, TIC 1.5195%
OKLAHOMA
Oklahoma County Independent School District #52 (Midwest City-Del City)
Feb 14, 2011 . . . . . . $9,740,000
General Obligation Building Bonds, Series 2011 (bank qualified) (book entry).
Dated Mar 1, 2011.
Due Mar 1, 2013 to 2016.
Non-callable.
Winning bid: Baker Group, at 100.0000, NIC 1.7964%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/13 | $2,435,000 | 2.15% | NRO | NRO | |
| 3/1/14 | $2,435,000 | 1.35% | NRO | NRO | |
| 3/1/15 | $2,435,000 | 1.70% | NRO | NRO | |
| 3/1/16 | $2,435,000 | 2.00% | NRO | NRO |
L.O.: State Attorney General.
F.A.: BOSC, Inc., Oklahoma City, OK.
Other bidders were:
D.A. Davidson, NIC 1.8107%
Citigroup, NIC 1.8557%
UMB Bank, NIC 1.8564%
Robert W. Baird, NIC 1.9648%
Raymond James, NIC 2.0173%
Incapital, NIC 2.1174%
PENNSYLVANIA
Lower Pottsgrove Township Authority
Feb 14, 2011 . . . . . . $9,930,000
Guaranteed Sewer Revenue Notes, Series of 2011 (bank qualified) (book entry).
Dated Mar 22, 2011.
Due Oct 15, 2011 to 2030.
Callable Apr 15, 2016 at par.
Winning bid: UBS Financial Svcs, at n/a, TIC 3.9998%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/15/11 | $710,000 | 2.00% | NRO | NRO | |
| 10/15/12 | $440,000 | 2.00% | NRO | NRO | |
| 10/15/13 | $450,000 | 2.00% | NRO | NRO | |
| 10/15/14 | $460,000 | 2.25% | NRO | NRO | |
| 10/15/15 | $470,000 | 3.00% | NRO | NRO | |
| 10/15/16 | $485,000 | 3.50% | NRO | NRO | |
| 10/15/17 | $5,000 | 3.00% | NRO | NRO | |
| 10/15/18 | $5,000 | 3.00% | NRO | NRO | |
| 10/15/19 | $5,000 | 3.25% | NRO | NRO | |
| 10/15/20 | $250,000 | 3.25% | NRO | NRO | |
| 10/15/21 | $580,000 | 3.50% | NRO | NRO | |
| 10/15/22 | $600,000 | 3.625% | NRO | NRO | |
| 10/15/23 | $625,000 | 3.75% | NRO | NRO | |
| 10/15/24 | $645,000 | 4.00% | NRO | NRO | |
| 10/15/27 | $2,105,000 | 4.125% | NRO | NRO | |
| 10/15/30 | $2,095,000 | 4.375% | NRO | NRO |
Other managers: Roosevelt & Cross, Inc., Fidelity Capital Markets, CL King & Associates, Loop Capital Markets, LLC, Citigroup Global Markets, Inc..
L.O.: Fox Rothschild LLP, Blue Bell, PA.
F.A.: Public Financial Management, Inc., Malvern, PA.
Other bidders were:
Janney Montgomery, TIC 4.0007%
Morgan Keegan, TIC 4.0102%
Robert W. Baird, TIC 4.0846%
BNY Mellon Cap Mkts, TIC 4.5729%
TEXAS
Montgomery County Municipal Utility District No. 113
Feb 14, 2011 . . . . . . $3,590,000
Unlimited Tax Road Improvement Bonds, Series 2011 (bank qualified) (book entry).
Dated Mar 1, 2011.
Due Sep 1, 2013 to 2035.
Callable Sep 1, 2018 at par.
Winning bid: RBC Capital Mkts, at 97.2500, NIC 5.7268%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/13 | $75,000 | 3.50% | 2.50% | ||
| 9/1/14 | $80,000 | 3.50% | 2.75% | ||
| 9/1/15 | $85,000 | 3.50% | 3.00% | ||
| 9/1/16 | $90,000 | 3.50% | 3.25% | ||
| 9/1/17 | $95,000 | 3.50% | 3.50% | ||
| 9/1/18 | $100,000 | 3.75% | 3.75% | ||
| 9/1/19 | $105,000 | 4.00% | 4.00% | ||
| 9/1/20 | $115,000 | 4.20% | 4.20% | ||
| 9/1/21 | $120,000 | 4.40% | 4.40% | ||
| 9/1/22 | $125,000 | 4.60% | 4.60% | ||
| 9/1/23 | $135,000 | 4.80% | 4.80% | ||
| 9/1/24 | $145,000 | 5.00% | 5.00% | ||
| 9/1/25 | $155,000 | 5.10% | 5.20% | ||
| 9/1/26 | $160,000 | 5.30% | 5.40% | ||
| 9/1/27 | $170,000 | 5.50% | 5.60% | ||
| 9/1/28 | $185,000 | 5.625% | 5.70% | ||
| 9/1/29 | $195,000 | 5.75% | 5.80% | ||
| 9/1/35 | $1,455,000 | 6.00% | 6.00% |
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: RBC Capital Markets, Houston, TX.
Other bidders were:
FirstSouthwest, NIC 6.0296%
GMS Group, NIC 6.0885%
WASHINGTON
King County
Feb 14, 2011 . . . . . . $40,000,000
Limited Tax General Obligation Bond Anticipation Notes, 2011 A (book entry).
Dated Mar 2, 2011.
Due Mar 1, 2012.
Purchased $40,000,000.00 by JPMorgan, at 2.75%, plus $937,600.00, effective rate 0.3995%.
L.O.: Foster Pepper PLLC, Seattle, WA.
F.A.: Seattle-Northwest Securities Corp., Seattle, WA.
Other bidders were:
Morgan Stanley, Effective Rate 0.3999%
Goldman Sachs, Effective Rate 0.411%
Citigroup, Effective Rate 0.423%
RBC Capital Mkts, Effective Rate 0.429%
Barclays Capital, Effective Rate 0.435%
Wells Fargo Secs, Effective Rate 0.4364%
Piper Jaffray, Effective Rate 0.4407%
Janney Montgomery, Effective Rate 0.4495%
Jefferies, Effective Rate 0.4778%
KeyBanc Cap Mkts, Effective Rate 0.5153%
TAXABLE ISSUES
IOWA
Des Moines Area Community College
Feb 14, 2011 . . . . . . $5,810,000
Taxable New Jobs Training Certificates (Multiple Projects 40-B) (book entry).
Dated Mar 1, 2011.
Due Jun 1, 2012 to 2021.
Callable Jun 1, 2018 at par.
Winning bid: BMO Capital Markets, at 99.8604, TIC 3.6118%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/12 | $475,000 | 2.00% | 0.65% | ||
| 6/1/13 | $530,000 | 2.00% | 1.00% | ||
| 6/1/14 | $545,000 | 2.00% | 1.50% | ||
| 6/1/15 | $555,000 | 2.50% | 2.00% | ||
| 6/1/16 | $570,000 | 3.00% | 2.50% | ||
| 6/1/17 | $585,000 | 3.00% | 3.00% | ||
| 6/1/18 | $600,000 | 3.50% | 3.50% | ||
| 6/1/19 | $625,000 | 4.00% | 4.00% | ||
| 6/1/20 | $650,000 | 4.30% | 4.30% | ||
| 6/1/21 | $675,000 | 4.60% | 4.60% |
L.O.: Davis, Brown, Koehn, Shors, & Roberts, Des Moines, IA.
F.A.: Public Financial Management, Inc., Des Moines, IA.
Other bidders were:
M&I Marshall, TIC 3.6586%
Cronin, TIC 3.6947%
Morgan Keegan, TIC 3.7249%
Northland Securities, TIC 3.7572%
Robert W. Baird, TIC 3.7687%
Stifel Nicolaus, TIC 3.8304%
Hutchinson Shockey, TIC 3.9261%
