CALIFORNIA
Contra Costa Water District
Jul 18, 2012 . . . . . . $87,115,000
Water Revenue Refunding Bonds, Series Q (book entry).
Dated Aug 8, 2012.
Due Oct 1, 2015 to 2032.
Callable Oct 1, 2022 at par.
Winning bid: FTN Fin Cap Mkts, at 113.5210, TIC 2.4442%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 10/1/15 | $5,210,000 | 4.00% | NRO | NRO | |
| 10/1/16 | $6,170,000 | 4.00% | NRO | NRO | |
| 10/1/17 | $6,325,000 | 5.00% | NRO | NRO | |
| 10/1/18 | $7,595,000 | 5.00% | NRO | NRO | |
| 10/1/19 | $5,070,000 | 5.00% | NRO | NRO | |
| 10/1/20 | $5,315,000 | 5.00% | NRO | NRO | |
| 10/1/21 | $2,405,000 | 5.00% | NRO | NRO | |
| 10/1/22 | $2,525,000 | 5.00% | NRO | NRO | |
| 10/1/23 | $2,655,000 | 5.00% | NRO | NRO | |
| 10/1/24 | $2,790,000 | 5.00% | NRO | NRO | |
| 10/1/25 | $2,935,000 | 5.00% | NRO | NRO | |
| 10/1/26 | $5,250,000 | 4.00% | NRO | NRO | |
| 10/1/27 | $5,460,000 | 4.00% | NRO | NRO | |
| 10/1/28 | $5,655,000 | 3.00% | NRO | NRO | |
| 10/1/29 | $5,830,000 | 3.00% | NRO | NRO | |
| 10/1/30 | $6,005,000 | 3.00% | NRO | NRO | |
| 10/1/31 | $6,190,000 | 3.00% | NRO | NRO | |
| 10/1/32 | $3,730,000 | 3.00% | NRO | NRO |
L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.
F.A.: Public Financial Management, Inc., Los Angeles, CA; Public Financial Management, Inc., Seattle, WA; and Public Financial Management, Inc., San Francisco, CA.
Other bidders were:
Morgan Stanley, TIC 2.4945%
BA Merrill Lynch, TIC 2.5168%
Janney Montgomery, TIC 2.5411%
Raymond James | MK, TIC 2.556%
Barclays Capital, TIC 2.5761%
Citigroup, TIC 2.5848%
JPMorgan, TIC 2.5877%
Robert W. Baird, TIC 2.6218%
Wells Fargo Secs, TIC 2.6227%
Goldman Sachs, TIC 2.6661%
Stifel Nicolaus, TIC 2.6912%
Piper Jaffray, TIC 2.6978%
US Bancorp Invest, TIC 2.7194%
CONNECTICUT
Hartford County Metropolitan District
Jul 19, 2012 . . . . . . $21,989,000
General Obligation Bond Anticipation Notes.
Dated Aug 8, 2012.
Due Dec 6, 2012.
Purchased $21,989,000.00 by Citigroup, at 1.0%, plus $64,867.55, effective rate 0.1%.
L.O.: Levy & Droney, Farmington, CT; and Finn Dixon & Herling LLP, Stamford, CT.
F.A.: FirstSouthwest, Glastonbury, CT; and FirstSouthwest, Dallas, TX.
Other bidders were:
Morgan Stanley, Effective Rate 0.1461%
JPMorgan, Effective Rate 0.1729%
Piper Jaffray, Effective Rate 0.1976%
TD Securities, Effective Rate 0.1992%
Janney Montgomery, Effective Rate 0.2129%
Jefferies, Effective Rate 0.2495%
Wells Fargo Secs, Effective Rate 0.2607%
Eastern Bk Cap Mkts, Effective Rate 0.288%
Eastern Bk Cap Mkts, Effective Rate 0.378%
IDAHO
Madison and Fremont Counties Joint School District No. 322
Jul 18, 2012 . . . . . . $5,345,000
General Obligation Bonds, Series 2012 (Idaho State Bond Guaranty and Credit Enhancement Program) (bank qualified) (book entry).
Dated Aug 8, 2012.
Due Sep 15, 2013 to 2017.
Non-callable.
Winning bid: Mitsubishi UFJ Secs, at 103.9720, TIC 0.7176%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/15/13 | $1,020,000 | 2.00% | 0.30% | IDSBG | |
| 9/15/14 | $1,050,000 | 2.00% | 0.40% | IDSBG | |
| 9/15/15 | $1,070,000 | 2.00% | 0.55% | IDSBG | |
| 9/15/16 | $1,090,000 | 2.00% | 0.65% | IDSBG | |
| 9/15/17 | $1,115,000 | 2.00% | 0.85% | IDSBG |
Other managers: D.A. Davidson & Co.
L.O.: Moore Smith Buxton & Turcke, Boise, ID.
F.A.: Zions Bank Public Finance, Salt Lake City, UT.
Other bidders were:
Stifel Nicolaus, TIC 0.7212%
KeyBanc Cap Mkts, TIC 0.766%
BMO Cap Mkts GKST, TIC 0.7689%
Robert W. Baird, TIC 0.8023%
Piper Jaffray, TIC 0.8458%
Raymond James | MK, TIC 0.9172%
IOWA
Pleasantville Community School District
Jul 19, 2012 . . . . . . $975,000
General Obligation School Capital Loan Notes, Series 2012 (bank qualified) (book entry).
Dated Aug 28, 2012.
Due Jun 1, 2013 to 2021.
Callable Jun 1, 2018 at par.
Winning bid: UMB Bank, at 99.3120, TIC 1.3507%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/13 | $105,000 | 0.40% | NRO | NRO | |
| 6/1/14 | $105,000 | 0.50% | NRO | NRO | |
| 6/1/15 | $105,000 | 0.60% | NRO | NRO | |
| 6/1/16 | $105,000 | 0.75% | NRO | NRO | |
| 6/1/17 | $110,000 | 0.90% | NRO | NRO | |
| 6/1/18 | $110,000 | 1.10% | NRO | NRO | |
| 6/1/19 | $110,000 | 1.25% | NRO | NRO | |
| 6/1/20 | $110,000 | 1.50% | NRO | NRO | |
| 6/1/21 | $115,000 | 1.70% | 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 1.5153%
KENTUCKY
Campbell County School District Finance Corporation
Jul 19, 2012 . . . . . . $11,975,000
School Building Revenue Refunding Bonds, Series 2012 (Kentucky School District Credit Enhancement Program) (book entry).
Dated Aug 1, 2012.
Due Feb 1, 2013 to 2024.
Callable Feb 1, 2022 at par.
Winning bid: Robert W. Baird, at 99.9571, NIC 2.3216%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/13 | $55,000 | 2.00% | NRO | NRO | |
| 2/1/14 | $125,000 | 2.00% | NRO | NRO | |
| 2/1/15 | $735,000 | 2.00% | NRO | NRO | |
| 2/1/16 | $735,000 | 2.00% | NRO | NRO | |
| 2/1/17 | $930,000 | 2.00% | NRO | NRO | |
| 2/1/18 | $1,195,000 | 2.00% | NRO | NRO | |
| 2/1/19 | $1,220,000 | 2.00% | NRO | NRO | |
| 2/1/20 | $1,320,000 | 2.20% | NRO | NRO | |
| 2/1/21 | $1,360,000 | 2.25% | NRO | NRO | |
| 2/1/22 | $1,395,000 | 2.375% | NRO | NRO | |
| 2/1/23 | $1,435,000 | 2.50% | NRO | NRO | |
| 2/1/24 | $1,470,000 | 2.625% | NRO | NRO |
Other managers: J.J.B. Hilliard, W.L. Lyons, Inc., Coastal Securities Corp., Duncan-WIlliams, Inc., CL King & Associates, Edward D. Jones & Co., SAMCO Capital Markets, Crews & Associates, Inc., Kildare Capital, Inc., Loop Capital Markets, LLC, Isaak Bond Investments, Inc., PNC Capital Markets, Incapital LLC, First Kentucky Securities Corp., Sterne, Agee & Leach, Inc, CastleOak Securities, L.P., Stifel, Nicolaus & Co., Inc..
L.O.: Peck, Shaffer & Williams, Covington, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
MASSACHUSETTS
Charlton (Town)
Jul 19, 2012 . . . . . . $1,145,000
General Obligation Municipal Purpose Loan of 2012 Bonds (bank qualified) (book entry).
Dated Aug 1, 2012.
Due Aug 15, 2013 to 2022.
Callable Aug 15, 2020 at par.
Winning bid: Robert W. Baird, at 102.0701, TIC 1.5944%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/13 | $120,000 | 2.00% | NRO | NRO | |
| 8/15/14 | $120,000 | 2.00% | NRO | NRO | |
| 8/15/15 | $120,000 | 2.00% | NRO | NRO | |
| 8/15/16 | $120,000 | 2.00% | NRO | NRO | |
| 8/15/17 | $120,000 | 2.00% | NRO | NRO | |
| 8/15/18 | $110,000 | 2.00% | NRO | NRO | |
| 8/15/19 | $110,000 | 2.00% | NRO | NRO | |
| 8/15/20 | $110,000 | 2.00% | NRO | NRO | |
| 8/15/21 | $110,000 | 2.00% | NRO | NRO | |
| 8/15/22 | $105,000 | 2.00% | NRO | NRO |
Other managers: Eastern Bank Capital Markets, Kildare Capital, Inc., Corby Capital Markets, Inc., SAMCO Capital Markets, Crews & Associates, Inc., Loop Capital Markets, LLC, Davenport & Company LLC, Ross, Sinclaire & Associates LLC, Isaak Bond Investments, Inc., CastleOak Securities, L.P., Vining-Sparks IBG, Limited Partnership.
L.O.: Edwards Wildman Palmer LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
UBS Financial Svcs, TIC 1.6797%
Fidelity Capital, TIC 1.6802%
Bernardi Securities, TIC 1.6806%
MICHIGAN
Bloomfield Charter Township
Jul 19, 2012 . . . . . . $15,420,000
2012 General Obligation Unlimited Tax Library Refunding Bonds (book entry).
Dated Aug 9, 2012.
Due May 1, 2013 to 2024.
Callable May 1, 2022 at par.
Winning bid: KeyBanc Cap Mkts, at 102.2066, TIC 1.8996%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/13 | $135,000 | 1.25% | 0.35% | ||
| 5/1/14 | $205,000 | 1.50% | 0.46% | ||
| 5/1/15 | $1,345,000 | 1.50% | 0.58% | ||
| 5/1/16 | $1,380,000 | 1.50% | 0.68% | ||
| 5/1/17 | $1,415,000 | 1.50% | 0.86% | ||
| 5/1/18 | $1,450,000 | 1.75% | 1.17% | ||
| 5/1/19 | $1,485,000 | 2.00% | 1.47% | ||
| 5/1/20 | $1,530,000 | 2.00% | 1.70% | ||
| 5/1/21 | $1,560,000 | 2.00% | 1.90% | ||
| 5/1/22 | $1,595,000 | 2.00% | 2.10% | ||
| 5/1/23 | $1,635,000 | 3.00% | 2.25% | ||
| 5/1/24 | $1,685,000 | 3.00% | 2.40% |
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: Stauder, Barch & Associates, Inc., Ann Arbor, MI.
Other bidders were:
Stifel Nicolaus, TIC 1.9861%
Fifth Third Secs, TIC 2.0194%
Piper Jaffray, TIC 2.0584%
Hutchinson Shockey, TIC 2.0977%
Morgan Stanley, TIC 2.1268%
BA Merrill Lynch, TIC 2.1782%
MINNESOTA
Cambridge-Isanti Independent School District No. 911
Jul 19, 2012 . . . . . . $26,000,000
General Obligation School Building Refunding Bonds Series 2012A (MN SD Credit Enhancement Progam) (book entry).
Dated Aug 1, 2012.
Due Feb 1, 2016 to 2030.
Callable Feb 1, 2022 at par.
Winning bid: Piper Jaffray, at 105.2298, TIC 2.4133%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/16 | $2,205,000 | 3.00% | 0.70% | ||
| 2/1/17 | $2,260,000 | 3.00% | 0.86% | ||
| 2/1/18 | $2,330,000 | 3.00% | 1.13% | ||
| 2/1/19 | $1,320,000 | 3.00% | 1.34% | ||
| 2/1/20 | $1,365,000 | 3.00% | 1.54% | ||
| 2/1/21 | $1,420,000 | 3.00% | 1.73% | ||
| 2/1/22 | $1,460,000 | 3.00% | 2.05% | ||
| 2/1/23 | $1,510,000 | 3.00% | 2.25% | ||
| 2/1/24 | $1,535,000 | 3.00% | 2.45% | ||
| 2/1/25 | $1,600,000 | 3.00% | 2.59% | ||
| 2/1/27 | $3,410,000 | 3.00% | 2.78% | ||
| 2/1/30 | $5,585,000 | 3.00% | 3.037% |
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
BA Merrill Lynch, TIC 2.4996%
JPMorgan, TIC 2.6044%
US Bancorp Invest, TIC 2.7295%
Morgan Stanley, TIC 2.7757%
NEVADA
Clark County
Jul 19, 2012 . . . . . . $24,990,000
General Obligation (Limited Tax) Las Vegas Convention and Visitors Authority Bonds (Additionally Secured with Pledged Revenues), Series 2012 (book entry).
Dated Aug 8, 2012.
Due Jul 1, 2014 to 2032.
Callable Jul 1, 2022 at par.
Winning bid: Robert W. Baird, at 100.4780, TIC 2.9852%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/1/14 | $1,015,000 | 2.00% | NRO | NRO | |
| 7/1/15 | $1,035,000 | 2.00% | NRO | NRO | |
| 7/1/16 | $1,055,000 | 2.00% | NRO | NRO | |
| 7/1/17 | $1,080,000 | 2.00% | NRO | NRO | |
| 7/1/18 | $1,105,000 | 3.00% | NRO | NRO | |
| 7/1/19 | $1,140,000 | 3.00% | NRO | NRO | |
| 7/1/20 | $1,175,000 | 3.00% | NRO | NRO | |
| 7/1/21 | $1,215,000 | 4.00% | NRO | NRO | |
| 7/1/22 | $1,260,000 | 3.00% | NRO | NRO | |
| 7/1/23 | $1,295,000 | 3.00% | NRO | NRO | |
| 7/1/24 | $1,335,000 | 3.00% | NRO | NRO | |
| 7/1/25 | $1,380,000 | 3.00% | NRO | NRO | |
| 7/1/26 | $1,420,000 | 3.00% | NRO | NRO | |
| 7/1/27 | $1,465,000 | 3.00% | NRO | NRO | |
| 7/1/28 | $1,505,000 | 3.00% | NRO | NRO | |
| 7/1/29 | $1,555,000 | 3.00% | NRO | NRO | |
| 7/1/30 | $1,600,000 | 3.10% | NRO | NRO | |
| 7/1/31 | $1,650,000 | 3.125% | NRO | NRO | |
| 7/1/32 | $1,705,000 | 3.20% | NRO | NRO |
Other managers: CL King & Associates, Coastal Securities Corp., Fidelity Capital Markets, Edward D. Jones & Co., Davenport & Company LLC, SAMCO Capital Markets, Kildare Capital, Inc., Loop Capital Markets, LLC, William Blair & Company, LLC, Crews & Associates, Inc., Incapital LLC, Ross, Sinclaire & Associates LLC, FirstSouthwest, Vining-Sparks IBG, Limited Partnership, Sterne, Agee & Leach, Inc, CastleOak Securities, L.P..
L.O.: Swendseid & Stern, Las Vegas, NV.
F.A.: Hobbs, Ong & Associates, Inc., Las Vegas, NV; and Public Financial Management, Inc., Seattle, WA.
Other bidders were:
RBC Capital Mkts, TIC 3.0989%
Piper Jaffray, TIC 3.1259%
Hutchinson Shockey, TIC 3.1602%
Morgan Stanley, TIC 3.1735%
Guggenheim Secs, TIC 3.2054%
BMO Cap Mkts GKST, TIC 3.2194%
JPMorgan, TIC 3.2442%
BA Merrill Lynch, TIC 3.2514%
US Bancorp Invest, TIC 3.4999%
NEW JERSEY
Bernardsville Borough
Jul 19, 2012 . . . . . . $665,000
Bond Anticipation Note (bank qualified).
Dated Jul 31, 2012.
Due Feb 21, 2013.
Purchased $665,000.00 by Peapack-Gladstone, at 0.74%, effective rate 0.74%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, Effective Rate 1.2338%
Oppenheimer, Effective Rate 1.8636%
East Rutherford Borough Board of Education
Jul 19, 2012 . . . . . . $2,491,000
School Bonds, Series 2012 (bank qualified) (book entry).
Dated Aug 2, 2012.
Due Jul 15, 2013 to 2027.
Callable Jul 15, 2022 at par.
Winning bid: FTN Fin Cap Mkts, at n/a, NIC 2.366%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/13 | $105,000 | 2.00% | NRO | NRO | |
| 7/15/14 | $110,000 | 2.00% | NRO | NRO | |
| 7/15/15 | $120,000 | 2.00% | NRO | NRO | |
| 7/15/16 | $125,000 | 2.00% | NRO | NRO | |
| 7/15/17 | $130,000 | 2.00% | NRO | NRO | |
| 7/15/18 | $145,000 | 2.00% | NRO | NRO | |
| 7/15/19 | $160,000 | 2.00% | NRO | NRO | |
| 7/15/20 | $175,000 | 2.00% | NRO | NRO | |
| 7/15/21 | $190,000 | 2.00% | NRO | NRO | |
| 7/15/22 | $200,000 | 2.25% | NRO | NRO | |
| 7/15/23 | $200,000 | 2.25% | NRO | NRO | |
| 7/15/24 | $205,000 | 2.50% | NRO | NRO | |
| 7/15/25 | $210,000 | 2.50% | NRO | NRO | |
| 7/15/26 | $210,000 | 2.75% | NRO | NRO | |
| 7/15/27 | $206,000 | 2.75% | NRO | NRO |
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Lerch, Vinci & Higgins, Fair Lawn, NJ.
Other bidders were:
UBS Financial Svcs, NIC 2.456%
Raymond James | MK, NIC 2.6556%
Hutchinson Shockey, NIC 2.8454%
Haddon Heights Borough
Jul 19, 2012 . . . . . . $523,500
Bond Anticipation Notes, 2012 Series A (bank qualified).
Dated Jul 26, 2012.
Due Jun 7, 2013.
Purchased $523,500.00 by TD Bank, N.A., at 0.97%, effective rate 0.97%.
L.O.: Capehart & Scatchard, P.A, Trenton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Valley National Bank, Effective Rate 1.305%
Oppenheimer, Effective Rate 1.7043%
Pennsauken Township
Jul 19, 2012 . . . . . . $3,825,000
Bond Anticipation Notes of 2012, Series A.
Dated Jul 26, 2012.
Due Jul 25, 2013.
Purchased $3,825,000.00 by Oppenheimer, at 1.25%, plus $2,678.00, effective rate 1.179%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.19%
Janney Montgomery, Effective Rate 1.2%
TD Securities, Effective Rate 1.29%
Susquehanna Group, Effective Rate 2.145%
Somerset County
Jul 19, 2012 . . . . . . $31,000,000
General Obligation Bonds: $16,000,000 General Improvement, Series 2012A and $15,000,000 Open Space/Farmland Preservation, Series 2012B (book entry).
Dated Jul 31, 2012.
Due Jul 15, 2013 to 2032.
Callable Jul 15, 2022 at par.
Winning bid: Citigroup, at 100.0000, TIC 2.2916%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/13 | $1,820,000 | 2.00% | S.B. | S.B. | |
| 7/15/14 | $1,820,000 | 2.00% | S.B. | S.B. | |
| 7/15/15 | $1,820,000 | 2.00% | 0.50% | ||
| 7/15/16 | $1,820,000 | 2.00% | 0.69% | ||
| 7/15/17 | $1,820,000 | 2.00% | 0.89% | ||
| 7/15/18 | $1,820,000 | 2.00% | 1.17% | ||
| 7/15/19 | $1,820,000 | 2.00% | 1.45% | ||
| 7/15/20 | $1,820,000 | 2.00% | 1.65% | ||
| 7/15/21 | $1,820,000 | 2.00% | 1.85% | ||
| 7/15/22 | $1,820,000 | 2.00% | 2.00% | ||
| 7/15/23 | $1,820,000 | 2.00% | 2.10% | ||
| 7/15/24 | $1,820,000 | 2.00% | 2.20% | ||
| 7/15/25 | $1,820,000 | 2.25% | 2.30% | ||
| 7/15/26 | $1,820,000 | 2.375% | 2.40% | ||
| 7/15/27 | $1,770,000 | 2.40% | 2.50% | ||
| 7/15/28 | $750,000 | 2.50% | 2.60% | ||
| 7/15/29 | $750,000 | 3.00% | 2.70% | ||
| 7/15/30 | $750,000 | 3.00% | 2.80% | ||
| 7/15/31 | $750,000 | 3.00% | 2.85% | ||
| 7/15/32 | $750,000 | 3.00% | 2.90% |
Other managers: CL King & Associates, Stifel, Nicolaus & Co., Inc., Ramirez & Co., Inc., Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Roosevelt & Cross, Inc., UBS Financial Services, Inc., M.R. Beal & Co., Bank of New York Mellon Capital Markets, LLC, Rockfleet Financial Services, Inc..
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, TIC 2.3323%
Robert W. Baird, TIC 2.3699%
Hutchinson Shockey, TIC 2.4049%
Wells Fargo Secs, TIC 2.445%
RBC Capital Mkts, TIC 2.4993%
Morgan Stanley, TIC 2.5948%
NEW YORK
Allegany (Town)
Jul 19, 2012 . . . . . . $598,560
Bond Anticipation Notes, 2012 (bank qualified).
Dated Jul 27, 2012.
Due Jul 25, 2013.
Purchased $598,560.00 by Five Star Bnk, at 1.45%, effective rate 1.45%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc, Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.5%
Oppenheimer, Effective Rate 1.9441%
Cincinnatus Central School District
Jul 19, 2012 . . . . . . $305,200
Bond Anticipation Note, 2012 (New Issue) (bank qualified).
Dated Aug 2, 2012.
Due Jan 4, 2013.
Purchased $305,200.00 by FNB of Scotia, at 0.57%, effective rate 0.57%.
L.O.: Hiscock & Barclay, LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.9814%
Cortland Enlarged City School District
Jul 19, 2012 . . . . . . $495,000
School District (Serial) Bonds, 2012.
Dated Aug 1, 2012.
Due Aug 1, 2013 to 2017.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 1.8487%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/13 | $85,000 | 1.25% | NRO | NRO | |
| 8/1/14 | $95,000 | 1.50% | NRO | NRO | |
| 8/1/15 | $100,000 | 1.75% | NRO | NRO | |
| 8/1/16 | $105,000 | 2.00% | NRO | NRO | |
| 8/1/17 | $110,000 | 2.00% | NRO | NRO |
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Sage Rutty, NIC 1.92%
JPMorgan Chase, NIC 2.0822%
DeRuyter Central School District
Jul 19, 2012 . . . . . . $120,000
School District (Serial) Bonds, 2012 (bank qualified) (book entry).
Dated Aug 1, 2012.
Due Aug 1, 2013 to 2017.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, NIC 2.0932%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/13 | $20,000 | 0.60% | NRO | NRO | |
| 8/1/14 | $25,000 | 1.35% | NRO | NRO | |
| 8/1/15 | $25,000 | 1.85% | NRO | NRO | |
| 8/1/16 | $25,000 | 2.25% | NRO | NRO | |
| 8/1/17 | $25,000 | 2.65% | NRO | NRO |
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Sage Rutty, NIC 2.3682%
Roosevelt & Cross, NIC 2.4274%
DeRuyter Central School District
Jul 19, 2012 . . . . . . $4,376,000
Bond Anticipation Notes, 2012 (bank qualified).
Dated Aug 1, 2012.
Due Jun 28, 2013.
Purchased $4,376,000.00 by Jefferies, at 1.25%, plus $23,894.00, effective rate 0.6489%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.7237%
East Rochester Union Free School District
Jul 19, 2012 . . . . . . $4,847,458
Bond Anticipation Notes, 2012 (Renewals) (bank qualified).
Dated Jul 27, 2012.
Due Jul 26, 2013.
Purchased $4,874,460.00 by PNC Capital Markets, at 0.75%, plus $9,597.97, effective rate 0.5514%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 0.5678%
Jefferies, Effective Rate 0.5904%
Oppenheimer, Effective Rate 0.6192%
JPMorgan Chase, Effective Rate 0.65%
Janney Montgomery, Effective Rate 0.7145%
M & T Bank, Effective Rate 1.26%
Middletown (City)
Jul 19, 2012 . . . . . . $1,589,806
Bond Anticipation Notes, 2012 Series C.
Dated Jul 30, 2012.
Due Feb 22, 2013.
Purchased $1,589,810.00 by JPMorgan Chase, at 0.74%, effective rate 0.74%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
TD Securities, Effective Rate 0.8467%
Jefferies, Effective Rate 0.8471%
Janney Montgomery, Effective Rate 0.9773%
Oppenheimer, Effective Rate 1.0756%
Roosevelt & Cross, Effective Rate 1.7215%
Penn Yan Village
Jul 19, 2012 . . . . . . $589,222
Bond Anticipation Notes, 2012 (New Issue) (bank qualified).
Dated Aug 1, 2012.
Due Aug 1, 2013.
L.O.: Harris Beach PLLC, Rochester, NY.
F.A.: Municipal Solutions, Inc, Canandaigua, NY.
Other bidders were:
Jefferies, Effective Rate 0.8513%
Roosevelt & Cross, Effective Rate 1.5%
Oppenheimer, Effective Rate 1.6187%
Royalton-Hartland Central School District
Jul 19, 2012 . . . . . . $4,380,000
Bond Anticipation Notes, 2012 (Renewals) (bank qualified).
Dated Jul 26, 2012.
Due Jun 28, 2013.
Purchased $4,380,000.00 by TD Securities, at 1.0%, plus $13,271.40, effective rate 0.6714%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.7664%
Jefferies, Effective Rate 0.7837%
Janney Montgomery, Effective Rate 0.8813%
First Niagara Bank, Effective Rate 0.99%
VIRGINIA
Spotsylvania County
Jul 19, 2012 . . . . . . $16,205,000
General Obligation Public Improvement Bonds, Series 2012A (Tax-Exempt) (book entry).
Dated Jul 26, 2012.
Due Jun 1, 2013 to 2032.
Callable Jun 1, 2021 at par.
Winning bid: Robert W. Baird, at 104.0585, TIC 1.8811%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/13 | $1,340,000 | 2.00% | NRO | NRO | |
| 6/1/14 | $1,355,000 | 2.00% | NRO | NRO | |
| 6/1/15 | $1,360,000 | 2.00% | NRO | NRO | |
| 6/1/16 | $1,360,000 | 2.00% | NRO | NRO | |
| 6/1/17 | $1,365,000 | 2.00% | NRO | NRO | |
| 6/1/18 | $1,365,000 | 2.00% | NRO | NRO | |
| 6/1/19 | $1,375,000 | 3.00% | NRO | NRO | |
| 6/1/20 | $1,390,000 | 3.00% | NRO | NRO | |
| 6/1/21 | $1,400,000 | 3.00% | NRO | NRO | |
| 6/1/22 | $1,410,000 | 2.00% | NRO | NRO | |
| 6/1/23 | $820,000 | 2.00% | NRO | NRO | |
| 6/1/28 | $925,000 | 3.00% | NRO | NRO | |
| 6/1/32 | $740,000 | 3.00% | NRO | NRO |
Other managers: Fidelity Capital Markets, CL King & Associates, Coastal Securities Corp., Kildare Capital, Inc., Crews & Associates, Inc., Duncan-Williams, Inc., Loop Capital Markets, LLC, Incapital LLC, Ross, Sinclaire & Associates LLC, SunTrust Robinson Humphrey, Bank of New York Mellon Capital Markets, LLC.
L.O.: Kaufman & Canoles, P.C., Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
UBS Financial Svcs, TIC 1.8832%
Janney Montgomery, TIC 1.8839%
BB&T Cap Mkts, TIC 1.8849%
Hutchinson Shockey, TIC 1.9007%
Wells Fargo Secs, TIC 1.9586%
Jefferies, TIC 1.9589%
BA Merrill Lynch, TIC 2.0832%
TAXABLE ISSUES
VIRGINIA
Spotsylvania County
Jul 19, 2012 . . . . . . $1,240,000
General Obligation Qualified Energy Conservation Bonds, Series 2012B (Taxable) (book entry).
Dated Jul 26, 2012.
Due Jun 1, 2013 to 2032.
Callable Jun 1, 2021 at par.
Winning bid: Raymond James | MK, at 99.0000, TIC 3.4352%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/13 | $55,000 | 1.00% | NRO | NRO | |
| 6/1/14 | $60,000 | 1.25% | NRO | NRO | |
| 6/1/15 | $60,000 | 1.50% | NRO | NRO | |
| 6/1/16 | $60,000 | 1.75% | NRO | NRO | |
| 6/1/17 | $60,000 | 2.00% | NRO | NRO | |
| 6/1/18 | $60,000 | 2.15% | NRO | NRO | |
| 6/1/19 | $60,000 | 2.375% | NRO | NRO | |
| 6/1/20 | $60,000 | 2.50% | NRO | NRO | |
| 6/1/21 | $60,000 | 2.70% | NRO | NRO | |
| 6/1/22 | $60,000 | 3.00% | NRO | NRO | |
| 6/1/27 | $315,000 | 3.50% | 3.50% | ||
| 6/1/32 | $330,000 | 3.80% | 3.80% |
L.O.: Kaufman & Canoles, P.C., Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
BB&T Cap Mkts, TIC 3.6357%
Wells Fargo Secs, TIC 4.375%
