MASSACHUSETTS
Franklin Regional Transit Authority
Jul 29, 2013 . . . . . . $3,400,000
General Obligation Revenue Anticipation Notes (bank qualified).
Dated Aug 12, 2013.
Due Aug 12, 2014.
Purchased $3,400,000.00 by Eastern Bk Cap Mkts, at 0.75%, plus $5,304.00, effective rate 0.594%.
L.O.: Edwards Wildman Palmer LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
People's United Bk, Effective Rate 0.65%
Jefferies, Effective Rate 0.714%
UniBank Fiscal Adv, Effective Rate 0.75%
Oppenheimer, Effective Rate 0.7706%
NEW JERSEY
Lakehurst Borough Board of Education
Jul 29, 2013 . . . . . . $800,000
Temporary Notes (bank qualified).
Dated Aug 5, 2013.
Due Nov 5, 2013.
Purchased $800,000.00 by Oppenheimer, at 2.75%, plus $88.00, effective rate 2.706%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Montague Township Board of Education
Jul 29, 2013 . . . . . . $97,500
Temporary Notes (bank qualified).
Dated Aug 7, 2013.
Due Aug 6, 2014.
Purchased $97,500.00 by Sussex Co. St Bk, at 1.05%, effective rate 1.05%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 2.4897%
Southampton Township
Jul 29, 2013 . . . . . . $816,000
Bond Anticipation Notes of 2013, Series A (bank qualified).
Dated Aug 7, 2013.
Due Aug 6, 2014.
Purchased $816,000.00 by Roosevelt & Cross, at 1.5%, plus $3,444.00, effective rate 1.0768%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
First Elmer Inv Corp, Effective Rate 1.09%
Jefferies, Effective Rate 1.128%
Oppenheimer, Effective Rate 1.2606%
East Brunswick Twp, Effective Rate 1.31%
Passaic Vly Wtr Comm, Effective Rate 1.48%
PENNSYLVANIA
Warren County School District
Jul 29, 2013 . . . . . . $3,465,000
General Obligation Bonds, Series A of 2013 (bank qualified) (book entry).
Dated Sep 5, 2013.
Due Sep 1, 2014 to 2017.
Non-callable.
Winning bid: Janney Montgomery, at n/a, TIC 1.0724%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
9/1/14 | $810,000 | 2.00% | 0.35% | PSAIP | |
9/1/15 | $875,000 | 2.00% | 0.55% | PSAIP | |
9/1/16 | $885,000 | 3.00% | 1.00% | PSAIP | |
9/1/17 | $895,000 | 3.00% | 1.25% | PSAIP |
L.O.: Knox McLauglin Gornall and Sennett, P.C., Erie, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
UBS Financial Svcs, TIC 1.0948%
BNY Mellon Cap Mkts, TIC 1.1069%
Boenning&Scattergood, TIC 1.1731%
FTN Fin Cap Mkts, TIC 1.2095%
PNC Capital Markets, TIC 1.3304%
Sterne Agee, TIC 1.6415%
TENNESSEE
Paris (City)
Jul 29, 2013 . . . . . . $8,010,000
Electric System Revenue Improvement Bonds, Series 2013 (bank qualified) (book entry).
Dated Aug 9, 2013.
Due Jun 1, 2014 to 2034.
Callable Jun 1, 2023 at par.
Winning bid: Robert W. Baird, at 99.6624, TIC 3.705553%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
6/1/14 | $340,000 | 2.00% | 0.40% | ||
6/1/15 | $295,000 | 2.00% | 0.55% | ||
6/1/16 | $300,000 | 2.00% | 0.82% | ||
6/1/17 | $305,000 | 2.00% | 1.10% | ||
6/1/18 | $315,000 | 2.00% | 1.35% | ||
6/1/19 | $320,000 | 2.00% | 1.69% | ||
6/1/20 | $325,000 | 2.00% | 2.05% | ||
6/1/21 | $330,000 | 3.00% | 2.39% | ||
6/1/22 | $340,000 | 3.00% | 2.64% | ||
6/1/23 | $350,000 | 3.00% | 2.80% | ||
6/1/24 | $365,000 | 3.00% | 3.00% | ||
6/1/25 | $375,000 | 3.125% | 3.20% | ||
6/1/26 | $385,000 | 3.40% | 3.40% | ||
6/1/27 | $400,000 | 3.50% | 3.50% | ||
6/1/28 | $410,000 | 4.00% | 3.75% | ||
6/1/29 | $430,000 | 4.00% | 4.00% | ||
6/1/30 | $445,000 | 4.10% | 4.10% | ||
6/1/31 | $465,000 | 4.125% | 4.20% | ||
6/1/32 | $485,000 | 4.25% | 4.32% | ||
6/1/33 | $505,000 | 4.375% | 4.45% | ||
6/1/34 | $525,000 | 4.50% | 4.50% |
Other managers: CL King & Associates, Coastal Securities Corp., Davenport & Company LLC, SAMCO Capital Markets, Kildare Capital, Inc., Edward Jones, Crews & Associates, Inc., Loop Capital Markets, LLC, Ross, Sinclaire & Associates LLC, Wedbush Securities Inc., Duncan-WIlliams, Inc., Vining-Sparks IBG, Limited Partnership, Cronin & Co., Inc., Northland Securities, Inc., Isaak Bond Investments, Inc., CastleOak Securities, L.P., Bernardi Securities, Inc..
L.O.: Bass, Berry & Sims PLC, Nashville, TN.
F.A.: Raymond James & Associates, Inc., Nashville, TN.
Other bidders were:
FTN Fin Cap Mkts, TIC 3.941746%
Sterne Agee, TIC 4.044997%
Hutchinson Shockey, TIC 3.785791%