CALIFORNIA
California
Apr 22, 2014 . . . . . . $575,000,000
Various Purpose Tax-Exempt General Obligation Bonds (book entry). $535,000,000
Dated May 1, 2014.
Due May 1, 2015 to 2044.
Callable May 1, 2024 at par.
Winning bid: Wells Fargo Secs, at 112.7985, TIC 3.7147%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/15 | $10,000,000 | 1.00% | 0.16% | ||
| 5/1/16 | $15,000,000 | 1.00% | 0.40% | ||
| 5/1/22 | $25,000,000 | 5.00% | 2.15% | ||
| 5/1/23 | $50,000,000 | 4.00% | 2.35% | ||
| 5/1/24 | $50,000,000 | 5.00% | 2.55% | ||
| 5/1/25 | $50,000,000 | 5.00% | 2.81% | ||
| 5/1/26 | $50,000,000 | 5.00% | 2.95% | ||
| 5/1/29 | $50,000,000 | 5.00% | 3.29% | ||
| 5/1/30 | $50,000,000 | 5.00% | 3.32% | ||
| 5/1/31 | $50,000,000 | 5.00% | 3.40% | ||
| 5/1/32 | $50,000,000 | 5.00% | 3.49% | ||
| 5/1/44 | $85,000,000 | 5.00% | 3.90% |
Various Purpose Tax-Exempt General Obligation Bonds (book entry). $40,000,000
Dated May 1, 2014.
Due May 1, 2044.
Callable May 1, 2024 at par.
Winning bid: Wells Fargo Secs, at 112.7985, TIC 3.7147%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/44 | $40,000,000 | 4.125% | 4.214% |
L.O.: Orrick, Herrington & Sutcliffe, Sacramento, CA; and State Attorney General.
F.A.: Public Resources Advisory Group, Los Angeles, CA.
Other bidders were:
BA Merrill Lynch, TIC 3.7148%
JPMorgan, TIC 3.7149%
Citigroup, TIC 3.7304%
Morgan Stanley, TIC 3.7417%
Barclays Capital, TIC 3.7508%
Goldman Sachs, TIC 3.7511%
RBC Capital Mkts, TIC 3.7558%
CONNECTICUT
Somers (Town)
Apr 22, 2014 . . . . . . $1,750,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated May 1, 2014.
Due Nov 5, 2014.
Purchased $1,750,000.00 by Eastern Bk Cap Mkts, at 1.0%, plus $5,912.28, effective rate 0.339%.
L.O.: Updike, Kelly & Spellacy, P.C., Hartford, CT; Updike, Kelly & Spellacy, P.C., Middletown, CT; and Updike, Kelly & Spellacy, P.C., New Haven, CT.
F.A.: FirstSouthwest, Glastonbury, CT.
Other bidders were:
TD Securities, Effective Rate 0.3896%
Oppenheimer, Effective Rate 0.8373%
Jefferies, Effective Rate 0.8472%
INDIANA
Highland (Town)
Apr 22, 2014 . . . . . . $2,000,000
Redevelopment District Bonds, Series 2014 (book entry).
Dated May 6, 2014.
Due Feb 1, 2015 to 2024.
Non-callable.
Winning bid: City Securities, at n/a, NIC 2.07%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $110,000 | 2.00% | 0.35% | ||
| 8/1/15 | $105,000 | 2.00% | 0.40% | ||
| 2/1/16 | $105,000 | 2.00% | 0.50% | ||
| 8/1/16 | $105,000 | 2.00% | 0.60% | ||
| 2/1/17 | $105,000 | 2.00% | 0.75% | ||
| 8/1/17 | $105,000 | 2.00% | 0.90% | ||
| 2/1/18 | $105,000 | 2.00% | 1.10% | ||
| 8/1/18 | $105,000 | 2.00% | 1.20% | ||
| 2/1/19 | $105,000 | 2.00% | 1.35% | ||
| 8/1/19 | $105,000 | 2.00% | 1.45% | ||
| 8/1/20 | $210,000 | 2.00% | 1.75% | ||
| 8/1/21 | $210,000 | 2.125% | 2.125% | ||
| 8/1/22 | $210,000 | 2.30% | 2.30% | ||
| 2/1/24 | $315,000 | 2.50% | 2.70% |
Other managers: Bernardi Securities, Inc., Isaak Bond Investments, Inc..
L.O.: Shanahan & Shanahan LLP, Chicago, IL.
F.A.: London Witte Group, Indianapolis, IN.
Other bidders were:
J.J.B. Hilliard, NIC 2.35%
Robert W. Baird, NIC 2.3566%
MINNESOTA
Byron Independent School District No. 531
Apr 22, 2014 . . . . . . $25,300,000
General Obligation School Building Bonds, Series 2014A (MN SD Credit Enhancement Program) (book entry).
Dated May 21, 2014.
Due Feb 1, 2026 to 2034.
Callable Feb 1, 2024 at par.
Winning bid: Robert W. Baird, at 99.9966, TIC 3.4579%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/26 | $2,460,000 | 4.00% | 2.75% | ||
| 2/1/27 | $2,535,000 | 4.00% | 2.85% | ||
| 2/1/28 | $2,635,000 | 3.00% | 3.00% | ||
| 2/1/29 | $2,715,000 | 3.00% | 3.10% | ||
| 2/1/30 | $2,795,000 | 3.125% | 3.20% | ||
| 2/1/31 | $2,885,000 | 3.25% | 3.30% | ||
| 2/1/32 | $2,975,000 | 4.00% | 3.35% | ||
| 2/1/33 | $3,095,000 | 3.375% | 3.50% | ||
| 2/1/34 | $3,205,000 | 3.50% | 3.55% |
Other managers: CL King & Associates, Coastal Securities Corp., SAMCO Capital Markets, WNJ Capital, Edward Jones, Loop Capital Markets, LLC, Crews & Associates, Inc., Cronin & Co., Inc., CastleOak Securities, L.P., Davenport & Company LLC, Duncan-WIlliams, Inc., Ross, Sinclaire & Associates LLC, Incapital LLC, Wedbush Securities Inc., Dougherty & Company LLC, Vining-Sparks IBG, Limited Partnership, Isaak Bond Investments, Inc., Sterne, Agee & Leach, Inc, Bank of New York Mellon Capital Markets, LLC, R. Seelaus & Co., Inc., Alamo Capital, Oppenheimer & Co., Inc., Bernardi Securities, Inc., J.J.B. Hilliard, W.L. Lyons, Inc..
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 3.459%
Wells Fargo Secs, TIC 3.472%
Raymond James, TIC 3.5051%
Mesirow Financial, TIC 3.5241%
William Blair, TIC 3.5251%
BA Merrill Lynch, TIC 3.5366%
JPMorgan, TIC 3.6717%
Hubbard County Housing and Redevelopment Authority
Apr 22, 2014 . . . . . . $1,795,000
General Obligation Housing Revenue Refunding Bonds, Series 2014 (bank qualified) (book entry).
Dated May 5, 2014.
Due Aug 1, 2015 to 2027.
Callable Aug 1, 2022 at par.
Winning bid: Robert W. Baird, at 102.2065, TIC 2.3765%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/15 | $110,000 | 2.00% | 0.30% | ||
| 8/1/16 | $120,000 | 2.00% | 0.45% | ||
| 8/1/17 | $125,000 | 2.00% | 0.70% | ||
| 8/1/18 | $130,000 | 2.00% | 1.00% | ||
| 8/1/19 | $130,000 | 2.00% | 1.20% | ||
| 8/1/20 | $135,000 | 2.00% | 1.50% | ||
| 8/1/21 | $135,000 | 2.00% | 1.80% | ||
| 8/1/22 | $145,000 | 3.00% | 2.00% | ||
| 8/1/23 | $140,000 | 3.00% | 2.15% | ||
| 8/1/25 | $310,000 | 3.00% | 2.50% | ||
| 8/1/27 | $315,000 | 3.00% | 2.85% |
Other managers: CL King & Associates, SAMCO Capital Markets, WNJ Capital, Cronin & Co., Inc., Vining-Sparks IBG, Limited Partnership, Loop Capital Markets, LLC, Crews & Associates, Inc., CastleOak Securities, L.P., Davenport & Company LLC, Wedbush Securities Inc., Dougherty & Company LLC, Isaak Bond Investments, Inc., R. Seelaus & Co., Inc., Alamo Capital, Oppenheimer & Co., Inc..
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Northland Securities, TIC 2.4409%
NEW JERSEY
Camden County
Apr 22, 2014 . . . . . . $7,955,000
County College Bonds of 2014 (book entry).
Dated May 7, 2014.
Due Mar 1, 2015 to 2029.
Callable Mar 1, 2024 at par.
Winning bid: Roosevelt & Cross, at 100.0000, TIC 2.6421%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/15 | $320,000 | 2.125% | 0.20% | ||
| 3/1/16 | $320,000 | 2.125% | 0.45% | ||
| 3/1/17 | $320,000 | 2.125% | 0.72% | ||
| 3/1/18 | $320,000 | 2.125% | 1.00% | ||
| 3/1/19 | $320,000 | 2.125% | 1.25% | ||
| 3/1/20 | $615,000 | 2.125% | 1.60% | ||
| 3/1/21 | $625,000 | 2.25% | 1.90% | ||
| 3/1/22 | $635,000 | 2.25% | 2.15% | ||
| 3/1/23 | $640,000 | 2.375% | 2.375% | ||
| 3/1/24 | $640,000 | 2.50% | 2.50% | ||
| 3/1/25 | $640,000 | 2.50% | 2.65% | ||
| 3/1/26 | $640,000 | 3.00% | 2.80% | ||
| 3/1/27 | $640,000 | 3.00% | 2.90% | ||
| 3/1/28 | $640,000 | 3.00% | 3.00% | ||
| 3/1/29 | $640,000 | 3.00% | 3.10% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., CL King & Associates, Bank of New York Mellon Capital Markets, LLC, Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Edward Jones.
L.O.: McCarter & English, Newark, NJ.
F.A.: Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
Hutchinson Shockey, TIC 2.8673%
Janney Montgomery, TIC 2.8874%
Robert W. Baird, TIC 2.8886%
South Plainfield Borough
Apr 22, 2014 . . . . . . $1,010,000
Tax Appeal Refunding Bond Anticipation Note (bank qualified).
Dated May 2, 2014.
Due May 1, 2015.
Purchased $1,010,000.00 by TBGC Investment Corp, at 0.85%, effective rate 0.85%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.9%
Oppenheimer, Effective Rate 0.927%
Jefferies, Effective Rate 0.99%
East Brunswick Twp, Effective Rate 1.149%
Washington Township (Gloucester County)
Apr 22, 2014 . . . . . . $2,485,200
Bond Anticipation Notes, Series 2014A (bank qualified).
Dated Apr 30, 2014.
Due Apr 29, 2015.
Purchased $2,485,200.00 by TD Bank, N.A., at 0.58%, effective rate 0.58%.
L.O.: Capehart & Scatchard, P.A, Trenton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 0.7422%
Oppenheimer, Effective Rate 0.8047%
Jefferies, Effective Rate 0.833%
NEW MEXICO
Bernalillo County
Apr 22, 2014 . . . . . . $2,995,000
General Obligation Refunding Bonds, Series 2014A (book entry).
Dated May 28, 2014.
Due Aug 15, 2019 to 2021.
Non-callable.
Winning bid: Hutchinson Shockey, at n/a, TIC 1.6833%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/19 | $900,000 | 4.00% | 1.27% | ||
| 8/15/20 | $890,000 | 2.00% | 1.58% | ||
| 8/15/21 | $1,205,000 | 2.00% | 1.88% |
L.O.: Hughes Law, LLC, Albuquerque, NM.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
Robert W. Baird, TIC 1.7498%
Fidelity Capital, TIC 1.7852%
UBS Financial Svcs, TIC 1.7913%
Bernalillo County
Apr 22, 2014 . . . . . . $8,700,000
General Obligation Bonds, Series 2014 (book entry).
Dated May 28, 2014.
Due Aug 15, 2014 to 2029.
Callable Aug 15, 2022 at par.
Winning bid: Hutchinson Shockey, at n/a, TIC 1.6556%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/14 | $3,000,000 | 4.00% | 0.15% | ||
| 8/15/15 | $4,715,000 | 4.00% | 0.22% | ||
| 8/15/16 | $70,000 | 3.00% | 0.56% | ||
| 8/15/17 | $70,000 | 3.00% | 0.84% | ||
| 8/15/18 | $70,000 | 3.00% | 1.15% | ||
| 8/15/19 | $70,000 | 3.00% | 1.45% | ||
| 8/15/20 | $70,000 | 3.00% | 1.75% | ||
| 8/15/21 | $70,000 | 2.10% | 2.10% | ||
| 8/15/22 | $70,000 | 3.00% | 2.25% | ||
| 8/15/23 | $70,000 | 2.50% | 2.50% | ||
| 8/15/24 | $70,000 | 2.50% | 2.70% | ||
| 8/15/25 | $70,000 | 2.75% | 2.85% | ||
| 8/15/27 | $140,000 | 3.00% | 3.10% | ||
| 8/15/29 | $145,000 | 3.00% | 3.25% |
L.O.: Hughes Law, LLC, Albuquerque, NM.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
Robert W. Baird, TIC 1.6648%
Fidelity Capital, TIC 1.689%
NEW YORK
Herricks Union Free School District
Apr 22, 2014 . . . . . . $6,020,000
School District Serial Bonds-2014 Series A (book entry).
Dated May 13, 2014.
Due May 1, 2015 to 2024.
Non-callable.
Winning bid: Citigroup, at 100.0133, NIC 1.9671%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/15 | $545,000 | 1.25% | 0.20% | ||
| 5/1/16 | $555,000 | 1.25% | 0.45% | ||
| 5/1/17 | $565,000 | 1.25% | 0.65% | ||
| 5/1/18 | $580,000 | 1.25% | 1.00% | ||
| 5/1/19 | $595,000 | 2.00% | 1.30% | ||
| 5/1/20 | $605,000 | 2.00% | 1.62% | ||
| 5/1/21 | $625,000 | 2.00% | 1.90% | ||
| 5/1/22 | $635,000 | 2.00% | 2.10% | ||
| 5/1/23 | $650,000 | 2.25% | 2.30% | ||
| 5/1/24 | $665,000 | 2.25% | 2.45% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Mesirow Financial, Inc., CL King & Associates, Drexel Hamilton, LLC., UBS Financial Services, Inc., Stifel, Nicolaus & Co., Inc., Rice Financial Products Company, R. Seelaus & Co., Inc., Edward Jones, M & T Securities, Inc..
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: New York Municipal Advisors Corp. (NYMAC), Syosset, NY.
Other bidders were:
BMO Cap Mkts GKST, NIC 2.0164%
FTN Fin Cap Mkts, NIC 2.0381%
Robert W. Baird, NIC 2.0642%
Fidelity Capital, NIC 2.0747%
JPMorgan, NIC 2.0755%
Hutchinson Shockey, NIC 2.226%
Herricks Union Free School District
Apr 22, 2014 . . . . . . $10,205,000
School District Refunding Serial Bonds-2014 (book entry).
Dated May 15, 2014.
Due Nov 1, 2014 to 2021.
Non-callable.
Winning bid: BMO Cap Mkts GKST, at 104.2112, NIC 1.5121%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/14 | $80,000 | 2.00% | 0.23% | ||
| 11/1/15 | $1,360,000 | 2.00% | 0.30% | ||
| 11/1/16 | $1,390,000 | 2.00% | 0.51% | ||
| 11/1/17 | $1,420,000 | 2.00% | 0.81% | ||
| 11/1/18 | $1,445,000 | 2.00% | 1.13% | ||
| 11/1/19 | $1,470,000 | 2.00% | 1.44% | ||
| 11/1/20 | $1,500,000 | 3.00% | 1.70% | ||
| 11/1/21 | $1,540,000 | 3.00% | 2.05% |
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: New York Municipal Advisors Corp. (NYMAC), Syosset, NY.
Other bidders were:
Citigroup, NIC 1.5308%
JPMorgan, NIC 1.5659%
FTN Fin Cap Mkts, NIC 1.5679%
Fidelity Capital, NIC 1.5799%
TD Securities, NIC 1.6079%
Hutchinson Shockey, NIC 1.705%
Ogdensburg (City)
Apr 22, 2014 . . . . . . $3,030,000
Bond Anticipation Notes, 2014 (bank qualified).
Dated May 1, 2014.
Due May 1, 2015.
Purchased $3,030,000.00 by Oppenheimer, at 1.25%, plus $6,696.00, effective rate 1.029%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.029%
First Niagara Bank, Effective Rate 1.3%
Jefferies, Effective Rate 1.3489%
OHIO
Stow (City)
Apr 22, 2014 . . . . . . $4,125,000
General Obligation Various Purpose Bond Anticipation Notes, Series 2014 (Limited Tax Bonds) (bank qualified).
Dated May 1, 2014.
Due May 1, 2015.
Purchased $4,125,000.00 by TD Securities, at 1.0%, plus $31,267.49, effective rate 0.242%.
L.O.: Squire, Sanders & Dempsey, Cleveland, OH.
F.A.: Sudsina & Associates, Aurora, OH.
Other bidders were:
Jefferies, Effective Rate 0.255%
Fifth Third Secs, Effective Rate 0.379%
City Securities, Effective Rate 0.431%
Oppenheimer, Effective Rate 0.503%
First Merit, Effective Rate 0.549%
OKLAHOMA
Comanche County Independent School District No. 8 (Lawton)
Apr 22, 2014 . . . . . . $3,100,000
Combined Purpose Bonds of 2014 (bank qualified) (book entry).
Dated Jun 1, 2014.
Due Jun 1, 2016.
Non-callable.
Winning bid: Baker Group, at n/a, NIC 0.6%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $3,100,000 | 0.60% | 0.50% |
In association with: Liberty National Bank.
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
UMB Bank, NIC 0.675%
BancFirst, NIC 0.75%
BOSC, NIC 0.75%
Country Club Bank, NIC 0.8%
Pontotoc County Independent School District No. 19 (Ada)
Apr 22, 2014 . . . . . . $1,380,000
Combined Purpose Bonds of 2014 (bank qualified) (book entry).
Dated Jun 1, 2014.
Due Jun 1, 2016.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 0.595%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $1,380,000 | 0.65% | 0.45% |
In association with: First United Bank and Trust.
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Baker Group, NIC 0.65%
UMB Bank, NIC 0.66%
Commerce Bank, NIC 0.717%
BOSC, NIC 0.75%
PENNSYLVANIA
Lower Moreland Township School District
Apr 22, 2014 . . . . . . $12,495,000
General Obligation Bonds, Series of 2014 (book entry). $5,375,000
Dated May 28, 2014.
Due Feb 15, 2015 to 2023.
Callable Aug 15, 2021 at par.
Winning bid: PNC Capital Markets, at n/a, TIC 2.4315%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/15 | $590,000 | 3.00% | 0.20% | ||
| 2/15/16 | $345,000 | 3.00% | 0.35% | ||
| 2/15/17 | $355,000 | 4.00% | 0.65% | ||
| 2/15/18 | $355,000 | 4.00% | 0.90% | ||
| 2/15/19 | $370,000 | 4.00% | 1.20% | ||
| 2/15/20 | $380,000 | 5.00% | 1.55% | ||
| 2/15/21 | $1,555,000 | 5.00% | 1.90% | ||
| 2/15/22 | $700,000 | 3.00% | 2.10% | ||
| 2/15/23 | $725,000 | 3.00% | 2.30% |
General Obligation Bonds, Series A of 2014 (book entry). $7,120,000
Dated May 28, 2014.
Due Feb 15, 2015 to 2025.
Callable Aug 15, 2021 at par.
Winning bid: PNC Capital Markets, at n/a, TIC 2.4315%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/20 | $30,000 | 2.00% | 1.55% | ||
| 2/15/21 | $70,000 | 2.00% | 1.90% | ||
| 2/15/22 | $1,045,000 | 4.00% | 2.10% | ||
| 2/15/23 | $1,080,000 | 4.00% | 2.30% | ||
| 2/15/24 | $2,770,000 | 3.00% | 2.50% | ||
| 2/15/25 | $2,125,000 | 3.00% | 2.65% |
L.O.: King, Spry, Herman, Freund & Faul, Bethlehem, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Janney Montgomery, TIC 2.4471%
Robert W. Baird, TIC 2.4702%
Raymond James, TIC 2.4812%
Roosevelt & Cross, TIC 2.632%
Pennsylvania Higher Educational Facilities Authority
Apr 22, 2014 . . . . . . $46,110,000
Refunding Revenue Bonds, State System of Higher Education, Series AP (book entry).
Dated May 7, 2014.
Due Jun 15, 2015 to 2024.
Non-callable.
Winning bid: Robert W. Baird, at 114.2284, TIC 2.3396%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/15 | $2,685,000 | 2.00% | 0.30% | ||
| 6/15/16 | $2,940,000 | 2.00% | 0.55% | ||
| 6/15/17 | $1,200,000 | 3.00% | 0.85% | ||
| 6/15/18 | $1,240,000 | 3.00% | 1.15% | ||
| 6/15/19 | $1,275,000 | 4.00% | 1.40% | ||
| 6/15/20 | $6,775,000 | 4.00% | 1.80% | ||
| 6/15/21 | $7,030,000 | 4.00% | 2.10% | ||
| 6/15/22 | $7,300,000 | 5.00% | 2.25% | ||
| 6/15/23 | $7,650,000 | 5.00% | 2.45% | ||
| 6/15/24 | $8,015,000 | 5.00% | 2.65% |
Other managers: WNJ Capital, SAMCO Capital Markets, Coastal Securities Corp., Edward Jones, Loop Capital Markets, LLC, Boenning & Scattergood, Inc., Bank of New York Mellon Capital Markets, LLC, Davenport & Company LLC, Crews & Associates, Inc., CastleOak Securities, L.P., Incapital LLC, Wedbush Securities Inc., Oppenheimer & Co., Inc., R. Seelaus & Co., Inc., Sterne, Agee & Leach, Inc, Alamo Capital, Vining-Sparks IBG, Limited Partnership.
L.O.: Cohen & Grigsby, P.C., Pittsburgh, PA.
F.A.: RBC Capital Markets, Baltimore, MD.
Other bidders were:
Wells Fargo Secs, TIC 2.44%
Citigroup, TIC 2.4548%
JPMorgan, TIC 2.6976%
Philadelphia Municipal Authority
Apr 22, 2014 . . . . . . $61,095,000
City Service Agreement Revenue Bonds, Series 2014B (Tax-Exempt) (book entry).
Dated Apr 30, 2014.
Due Jan 15, 2021 to 2044.
Callable Jan 15, 2024 at par.
Winning bid: BA Merrill Lynch, at 100.3212, TIC 4.1625%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/15/21 | $1,500,000 | 5.00% | 2.34% | AGM | |
| 1/15/22 | $1,575,000 | 5.00% | 2.55% | AGM | |
| 1/15/23 | $1,650,000 | 5.00% | 2.80% | AGM | |
| 1/15/24 | $1,735,000 | 5.00% | 3.00% | AGM | |
| 1/15/25 | $1,820,000 | 5.00% | 3.10% | AGM | |
| 1/15/26 | $1,910,000 | 5.00% | 3.27% | AGM | |
| 1/15/27 | $2,005,000 | 3.25% | 3.396% | AGM | |
| 1/15/28 | $2,070,000 | 3.50% | 3.64% | AGM | |
| 1/15/29 | $2,145,000 | 3.625% | 3.74% | AGM | |
| 1/15/30 | $2,220,000 | 3.75% | 3.82% | AGM | |
| 1/15/31 | $2,305,000 | 4.00% | 3.90% | AGM | |
| 1/15/32 | $2,400,000 | 4.00% | 3.99% | AGM | |
| 1/15/33 | $2,495,000 | 4.00% | 4.06% | AGM | |
| 1/15/34 | $2,595,000 | 4.00% | 4.111% | AGM | |
| 1/15/35 | $2,700,000 | 4.125% | 4.17% | AGM | |
| 1/15/36 | $2,810,000 | 4.125% | 4.22% | AGM | |
| 1/15/37 | $2,925,000 | 4.125% | 4.228% | AGM | |
| 1/15/38 | $3,045,000 | 4.25% | 4.31% | AGM | |
| 1/15/39 | $3,175,000 | 4.25% | 4.34% | AGM | |
| 1/15/40 | $3,310,000 | 4.25% | 4.347% | AGM | |
| 1/15/44 | $14,705,000 | 4.25% | 4.34% | AGM |
L.O.: Cozen O'Connor, Philadelphia, PA; and Ann C. Lebowitz, Esq., Philadelphia, PA.
F.A.: Public Financial Management, Inc., Philadelphia, PA; and Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
Wells Fargo Secs, TIC 4.23%
Robert W. Baird, TIC 4.2468%
RBC Capital Mkts, TIC 4.2542%
PNC Capital Markets, TIC 4.312%
JPMorgan, TIC 4.3308%
Janney Montgomery, TIC 4.3557%
Guggenheim Secs, TIC 4.3591%
Citigroup, TIC 4.3976%
Morgan Stanley, TIC 4.405%
Jefferies, TIC 4.4153%
TD Securities, TIC 4.4228%
Goldman Sachs, TIC 4.4289%
Mesirow Financial, TIC 4.4413%
SOUTH CAROLINA
Charleston County School District
Apr 22, 2014 . . . . . . $33,825,000
General Obligation Bond Anticipation Notes, Series 2014A (book entry).
Dated May 7, 2014.
Due Nov 4, 2014.
Purchased $34,550,000.00 by BA Merrill Lynch, at 5.0%, plus $831,618.50, effective rate 0.1044%.
L.O.: Haynsworth Sinkler Boyd, P.A., Charleston, SC.
F.A.: Public Financial Management, Inc., Orlando, FL.
Other bidders were:
Wells Fargo Secs, Effective Rate 0.1085%
JPMorgan, Effective Rate 0.1114%
TD Securities, Effective Rate 0.1132%
Citigroup, Effective Rate 0.1134%
Piper Jaffray, Effective Rate 0.1254%
Morgan Stanley, Effective Rate 0.1312%
Barclays Capital, Effective Rate 0.1519%
Southwest Securities, Effective Rate 0.1685%
Charleston County School District
Apr 22, 2014 . . . . . . $49,865,000
General Obligation Bond Anticipation Notes, (Sales Tax Projects) Series 2014B (book entry).
Dated May 7, 2014.
Due May 6, 2015.
Purchased $49,865,000.00 by JPMorgan, at 0.75%, plus $297,195.39, effective rate 0.1523%.
L.O.: Haynsworth Sinkler Boyd, P.A., Charleston, SC.
F.A.: Public Financial Management, Inc., Orlando, FL.
Other bidders were:
Wells Fargo Secs, Effective Rate 0.155%
BA Merrill Lynch, Effective Rate 0.1575%
Citigroup, Effective Rate 0.1627%
Barclays Capital, Effective Rate 0.1817%
Morgan Stanley, Effective Rate 0.1817%
Southwest Securities, Effective Rate 0.1837%
Piper Jaffray, Effective Rate 0.2168%
TEXAS
Bridgestone Municipal Utility District
Apr 22, 2014 . . . . . . $4,040,000
Waterworks and Sewer System Combination Unlimited Tax and Revenue Bonds, Series 2014 (bank qualified) (book entry).
Dated May 1, 2014.
Due May 1, 2017 to 2041.
Callable May 1, 2022 at par.
Winning bid: Raymond James, at 98.1605, NIC 3.7623%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $85,000 | 2.00% | 1.05% | BAM | |
| 5/1/18 | $90,000 | 2.00% | 1.25% | BAM | |
| 5/1/19 | $95,000 | 2.00% | 1.45% | BAM | |
| 5/1/20 | $100,000 | 2.00% | 1.85% | BAM | |
| 5/1/21 | $105,000 | 2.50% | 2.00% | BAM | |
| 5/1/22 | $110,000 | 2.50% | 2.30% | BAM | |
| 5/1/23 | $115,000 | 3.00% | 2.50% | BAM | |
| 5/1/24 | $120,000 | 3.00% | 2.60% | BAM | |
| 5/1/26 | $255,000 | 3.00% | 2.90% | BAM | |
| 5/1/28 | $280,000 | 3.125% | 3.20% | BAM | |
| 5/1/30 | $310,000 | 3.375% | 3.45% | BAM | |
| 5/1/32 | $340,000 | 3.50% | 3.60% | BAM | |
| 5/1/34 | $380,000 | 3.625% | 3.75% | BAM | |
| 5/1/36 | $420,000 | 3.875% | 3.90% | BAM | |
| 5/1/38 | $460,000 | 4.00% | 4.00% | BAM | |
| 5/1/41 | $775,000 | 4.00% | 4.10% | BAM |
L.O.: Johnson, Radcliffe, Petrov & Bobbitt PLLC, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
FirstSouthwest, NIC 3.8261%
Bernardi Securities, NIC 3.8318%
FTN Fin Cap Mkts, NIC 3.8697%
SAMCO Cap Mkts, NIC 3.8806%
Sterne Agee, NIC 3.8981%
Hutchinson Shockey, NIC 4.1857%
Cibolo (City)
Apr 22, 2014 . . . . . . $2,875,000
General Obligation Bonds, Series 2014 (bank qualified) (book entry).
Dated Apr 1, 2014.
Due Feb 1, 2015 to 2034.
Callable Feb 1, 2024 at par.
Winning bid: Robert W. Baird, at 102.0286, TIC 3.0346%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $95,000 | 2.00% | 0.35% | ||
| 2/1/16 | $110,000 | 2.00% | 0.55% | ||
| 2/1/17 | $115,000 | 3.00% | 0.80% | ||
| 2/1/18 | $115,000 | 3.00% | 1.00% | ||
| 2/1/19 | $120,000 | 3.00% | 1.15% | ||
| 2/1/20 | $125,000 | 3.00% | 1.40% | ||
| 2/1/21 | $130,000 | 3.00% | 1.65% | ||
| 2/1/22 | $130,000 | 3.00% | 1.85% | ||
| 2/1/23 | $135,000 | 3.00% | 2.00% | ||
| 2/1/24 | $140,000 | 3.00% | 2.15% | ||
| 2/1/25 | $145,000 | 3.00% | 2.35% | ||
| 2/1/27 | $305,000 | 3.00% | 2.65% | ||
| 2/1/29 | $315,000 | 3.00% | 3.00% | ||
| 2/1/31 | $340,000 | 3.50% | 3.30% | ||
| 2/1/32 | $180,000 | 3.50% | 3.40% | ||
| 2/1/33 | $185,000 | 3.50% | 3.50% | ||
| 2/1/34 | $190,000 | 3.50% | 3.60% |
Other managers: CL King & Associates, Davenport & Company LLC, WNJ Capital, Edward D. Jones & Co., Loop Capital Markets, LLC, Isaak Bond Investments, Inc., Northland Securities, Inc., Ross, Sinclaire & Associates LLC, Duncan-Williams, Inc., CastleOak Securities, L.P., Cronin & Co., Inc., Oppenheimer & Co., Inc., Bernardi Securities, Inc., Wedbush Securities Inc., SumRidge Partners, LLC, Vining-Sparks IBG, Limited Partnership, UMB Bank, N.A..
L.O.: Fulbright & Jaworski, San Antonio, TX; and State Attorney General.
F.A.: Southwest Securities, Inc., San Antonio, TX.
Other bidders were:
Coastal Securities, TIC 3.0742%
FirstSouthwest, TIC 3.1088%
Raymond James, TIC 3.1819%
BOSC, TIC 3.2005%
FTN Fin Cap Mkts, TIC 3.2206%
Stifel Nicolaus, TIC 3.2491%
El Campo Independent School District
Apr 22, 2014 . . . . . . $7,515,000
Unlimited Tax Refunding Bonds, Series 2014 (bank qualified) (book entry). $6,835,000
Dated May 1, 2014.
Due Aug 15, 2014 to 2030.
Callable Aug 15, 2023 at par.
Winning bid: FTN Fin Cap Mkts, at n/a, TIC 2.509%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/14 | $95,000 | 4.00% | 0.30% | PSF | |
| 8/15/15 | $50,000 | 4.00% | 0.40% | PSF | |
| 8/15/16 | $50,000 | 4.00% | 0.50% | PSF | |
| 8/15/17 | $255,000 | 4.00% | 0.70% | PSF | |
| 8/15/19 | $685,000 | 4.00% | 1.00% | PSF | |
| 8/15/20 | $710,000 | 4.00% | 1.30% | PSF | |
| 8/15/21 | $730,000 | 3.00% | 1.55% | PSF | |
| 8/15/25 | $645,000 | 2.25% | 2.20% | PSF | |
| 8/15/26 | $680,000 | 2.50% | 2.35% | PSF | |
| 8/15/27 | $270,000 | 2.75% | 2.55% | PSF | |
| 8/15/28 | $275,000 | 3.00% | 2.75% | PSF | |
| 8/15/29 | $1,340,000 | 3.00% | 2.90% | PSF | |
| 8/15/30 | $1,050,000 | 3.00% | 3.00% | PSF |
Unlimited Tax Capital Appreciation Refunding Bonds, Series 2014 (bank qualified) (book entry). $680,000
Dated May 1, 2014.
Due Aug 15, 2018.
Non-callable.
Winning bid: FTN Fin Cap Mkts, at n/a, TIC 2.509%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/18 | $680,000 | 0.00% | 1.20% | PSF |
L.O.: Andrews Kurth LLP, Houston, TX.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
Robert W. Baird, TIC 2.5657%
BOSC, TIC 2.5762%
Raymond James, TIC 2.5885%
Piper Jaffray, TIC 2.5983%
Stifel Nicolaus, TIC 2.6322%
Vining-Sparks IBG, TIC 2.6339%
FirstSouthwest, TIC 2.6434%
Coastal Securities, TIC 2.6798%
Galveston Co Municipal Utility District No. 66
Apr 22, 2014 . . . . . . $2,000,000
Unlimited Tax Bonds, Series 2014 (bank qualified) (book entry).
Dated May 1, 2014.
Due Sep 1, 2015 to 2040.
Callable Sep 1, 2022 at par.
Winning bid: GMS Group, at 97.0000, NIC 5.1905%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/15 | $35,000 | 3.50% | 1.50% | ||
| 9/1/16 | $40,000 | 3.50% | 2.00% | ||
| 9/1/17 | $40,000 | 3.50% | 2.50% | ||
| 9/1/18 | $40,000 | 3.50% | 2.75% | ||
| 9/1/19 | $45,000 | 3.50% | 3.00% | ||
| 9/1/20 | $45,000 | 3.50% | 3.25% | ||
| 9/1/21 | $50,000 | 3.50% | 3.50% | ||
| 9/1/22 | $50,000 | 3.75% | 3.75% | ||
| 9/1/23 | $55,000 | 4.00% | 4.00% | ||
| 9/1/24 | $60,000 | 4.25% | 4.25% | ||
| 9/1/25 | $60,000 | 4.50% | 4.50% | ||
| 9/1/26 | $65,000 | 4.75% | 4.75% | ||
| 9/1/34 | $670,000 | 5.00% | 5.00% | ||
| 9/1/40 | $745,000 | 5.25% | 5.25% |
L.O.: Sechrist, Duckers LLP, Houston, TX; Haynes and Boone, LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, Houston, TX.
Georgetown (City)
Apr 22, 2014 . . . . . . $2,300,000
Combination Tax and Revenue Certificates of Obligation, Series 2014 (book entry).
Dated Apr 15, 2014.
Due Aug 15, 2015 to 2034.
Callable Aug 15, 2023 at par.
Winning bid: Southwest Securities, at 100.5443, TIC 3.2159%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/15 | $50,000 | 3.00% | 0.24% | ||
| 8/15/16 | $80,000 | 3.00% | 0.48% | ||
| 8/15/17 | $80,000 | 3.00% | 0.79% | ||
| 8/15/18 | $85,000 | 3.00% | 1.09% | ||
| 8/15/19 | $90,000 | 3.00% | 1.35% | ||
| 8/15/20 | $95,000 | 3.00% | 1.68% | ||
| 8/15/21 | $95,000 | 3.00% | 1.95% | ||
| 8/15/22 | $100,000 | 3.00% | 2.19% | ||
| 8/15/23 | $105,000 | 3.00% | 2.42% | ||
| 8/15/24 | $110,000 | 3.00% | 2.61% | ||
| 8/15/25 | $115,000 | 3.00% | 2.79% | ||
| 8/15/26 | $120,000 | 3.00% | 2.97% | ||
| 8/15/27 | $125,000 | 3.00% | 3.12% | ||
| 8/15/28 | $130,000 | 3.125% | 3.27% | ||
| 8/15/29 | $140,000 | 3.25% | 3.36% | ||
| 8/15/30 | $145,000 | 3.375% | 3.44% | ||
| 8/15/31 | $145,000 | 3.375% | 3.52% | ||
| 8/15/32 | $155,000 | 3.50% | 3.59% | ||
| 8/15/33 | $165,000 | 3.625% | 3.66% | ||
| 8/15/34 | $170,000 | 3.625% | 3.73% |
Other managers: Stephens Inc..
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Robert W. Baird, TIC 3.2641%
Fidelity Capital, TIC 3.2894%
Hutchinson Shockey, TIC 3.308%
Georgetown (City)
Apr 22, 2014 . . . . . . $4,800,000
General Obligation Bonds, Series 2014 (book entry).
Dated Apr 15, 2014.
Due Aug 15, 2015 to 2034.
Callable Aug 15, 2023 at par.
Winning bid: Robert W. Baird, at 100.2294, TIC 3.2143%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/15 | $100,000 | 2.00% | 0.30% | ||
| 8/15/16 | $165,000 | 2.00% | 0.50% | ||
| 8/15/17 | $175,000 | 3.00% | 0.75% | ||
| 8/15/18 | $180,000 | 3.00% | 1.05% | ||
| 8/15/19 | $190,000 | 3.00% | 1.30% | ||
| 8/15/20 | $195,000 | 3.00% | 1.65% | ||
| 8/15/21 | $205,000 | 3.00% | 2.00% | ||
| 8/15/22 | $215,000 | 3.00% | 2.20% | ||
| 8/15/23 | $220,000 | 3.00% | 2.45% | ||
| 8/15/24 | $230,000 | 3.00% | 2.65% | ||
| 8/15/25 | $240,000 | 3.00% | 2.80% | ||
| 8/15/26 | $250,000 | 3.00% | 3.00% | ||
| 8/15/27 | $260,000 | 3.00% | 3.10% | ||
| 8/15/28 | $275,000 | 3.125% | 3.20% | ||
| 8/15/29 | $285,000 | 3.25% | 3.30% | ||
| 8/15/30 | $295,000 | 3.30% | 3.40% | ||
| 8/15/31 | $310,000 | 3.375% | 3.50% | ||
| 8/15/32 | $325,000 | 3.50% | 3.55% | ||
| 8/15/33 | $335,000 | 3.50% | 3.60% | ||
| 8/15/34 | $350,000 | 3.60% | 3.65% |
Other managers: CL King & Associates, SAMCO Capital Markets, Coastal Securities Corp., Edward D. Jones & Co., Crews & Associates, Inc., WNJ Capital, BLNS Securities Limited, Davenport & Company LLC, Ross, Sinclaire & Associates LLC, CastleOak Securities, L.P., Isaak Bond Investments, Inc., Loop Capital Markets, LLC, Duncan-Williams, Inc., Incapital LLC, Wedbush Securities Inc., Cronin & Co., Inc., Oppenheimer & Co., Inc., George K. Baum & Co., Bank of New York Mellon Capital Markets, LLC, FTN Financial Capital Markets, Alamo Capital, SumRidge Partners, LLC, Bernardi Securities, Inc., Comerica Securities, Wayne Hummer & Co..
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Southwest Securities, TIC 3.221%
Fidelity Capital, TIC 3.2227%
Hutchinson Shockey, TIC 3.3138%
UBS Financial Svcs, TIC 3.3321%
Georgetown (City)
Apr 22, 2014 . . . . . . $13,000,000
Utility System Revenue Bonds, Series 2014 (book entry).
Dated Apr 15, 2014.
Due Aug 15, 2015 to 2034.
Callable Aug 15, 2023 at par.
Winning bid: Fidelity Capital, at 100.1618, TIC 3.1978%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/15 | $265,000 | 2.00% | 0.25% | ||
| 8/15/16 | $445,000 | 2.00% | 0.50% | ||
| 8/15/17 | $460,000 | 2.00% | 0.75% | ||
| 8/15/18 | $480,000 | 2.00% | 1.05% | ||
| 8/15/19 | $505,000 | 3.00% | 1.30% | ||
| 8/15/20 | $525,000 | 3.00% | 1.65% | ||
| 8/15/21 | $550,000 | 3.00% | 1.92% | ||
| 8/15/22 | $575,000 | 2.00% | 2.17% | ||
| 8/15/23 | $600,000 | 2.25% | 2.38% | ||
| 8/15/24 | $625,000 | 2.50% | 2.50% | ||
| 8/15/25 | $650,000 | 2.75% | 2.77% | ||
| 8/15/26 | $680,000 | 3.00% | 2.90% | ||
| 8/15/27 | $710,000 | 3.00% | 3.05% | ||
| 8/15/28 | $740,000 | 3.00% | 3.15% | ||
| 8/15/29 | $775,000 | 3.25% | 3.30% | ||
| 8/15/30 | $810,000 | 3.25% | 3.37% | ||
| 8/15/32 | $1,725,000 | 3.50% | 3.54% | ||
| 8/15/34 | $1,880,000 | 4.00% | 3.65% |
Other managers: Jefferies LLC, Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., City Securities Corp..
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Southwest Securities, TIC 3.2349%
Robert W. Baird, TIC 3.2543%
BA Merrill Lynch, TIC 3.2955%
Hutchinson Shockey, TIC 3.3344%
UBS Financial Svcs, TIC 3.3349%
Nederland Independent School District
Apr 21, 2014 . . . . . . $6,080,000
Unlimited Tax Schoolhouse Bonds, Series 2014 (bank qualified) (book entry).
Dated May 1, 2014.
Due Aug 15, 2015 to 2038.
Callable Aug 15, 2023 at par.
Winning bid: Robert W. Baird, at 101.6358, TIC 3.1652%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/15 | $155,000 | 2.00% | 0.25% | PSF | |
| 8/15/16 | $160,000 | 2.00% | 0.45% | PSF | |
| 8/15/17 | $170,000 | 2.00% | 0.70% | PSF | |
| 8/15/18 | $175,000 | 2.00% | 0.90% | PSF | |
| 8/15/19 | $180,000 | 2.00% | 1.05% | PSF | |
| 8/15/20 | $190,000 | 2.00% | 1.20% | PSF | |
| 8/15/21 | $195,000 | 2.00% | 1.55% | PSF | |
| 8/15/22 | $205,000 | 2.00% | 1.75% | PSF | |
| 8/15/23 | $215,000 | 2.00% | 2.00% | PSF | |
| 8/15/24 | $220,000 | 2.25% | 2.10% | PSF | |
| 8/15/25 | $230,000 | 2.375% | 2.25% | PSF | |
| 8/15/26 | $240,000 | 2.50% | 2.40% | PSF | |
| 8/15/27 | $250,000 | 3.00% | 2.55% | PSF | |
| 8/15/28 | $260,000 | 3.00% | 2.70% | PSF | |
| 8/15/29 | $270,000 | 3.00% | 2.85% | PSF | |
| 8/15/30 | $280,000 | 3.00% | 3.00% | PSF | |
| 8/15/31 | $290,000 | 3.50% | 3.10% | PSF | |
| 8/15/32 | $305,000 | 3.50% | 3.20% | PSF | |
| 8/15/33 | $315,000 | 3.50% | 3.30% | PSF | |
| 8/15/34 | $325,000 | 3.75% | 3.40% | PSF | |
| 8/15/35 | $340,000 | 4.00% | 3.50% | PSF | |
| 8/15/36 | $355,000 | 4.00% | 3.55% | PSF | |
| 8/15/37 | $370,000 | 4.00% | 3.60% | PSF | |
| 8/15/38 | $385,000 | 4.00% | 3.65% | PSF |
Other managers: CL King & Associates, WNJ Capital, Davenport & Company LLC, Edward Jones, Loop Capital Markets, LLC, Isaak Bond Investments, Inc., Northland Securities, Inc., Ross, Sinclaire & Associates LLC, Duncan-WIlliams, Inc., CastleOak Securities, L.P., Country Club Bank, Cronin & Co., Inc., Oppenheimer & Co., Inc., Bernardi Securities, Inc., Wedbush Securities Inc., SumRidge Partners, LLC, UMB Bank, N.A..
L.O.: Creighton, Fox, Johnson & Mills, PLLC, Beaumont, TX; and State Attorney General.
F.A.: RBC Capital Markets, Houston, TX.
Other bidders were:
FTN Fin Cap Mkts, TIC 3.1735%
Coastal Securities, TIC 3.199%
Stifel Nicolaus, TIC 3.2268%
Raymond James, TIC 3.2408%
Sterne Agee, TIC 3.2503%
FirstSouthwest, TIC 3.2669%
Royse City (City)
Apr 22, 2014 . . . . . . $4,745,000
General Obligation Refunding Bonds, Series 2014 (bank qualified) (book entry).
Dated Apr 15, 2014.
Due Aug 15, 2014 to 2030.
Callable Aug 15, 2024 at par.
Winning bid: SAMCO Cap Mkts, at 102.4660, TIC 2.4223%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/14 | $80,000 | 1.50% | 0.30% | BAM | |
| 8/15/15 | $275,000 | 1.50% | 0.35% | BAM | |
| 8/15/16 | $315,000 | 1.50% | 0.50% | BAM | |
| 8/15/17 | $320,000 | 2.00% | 0.75% | BAM | |
| 8/15/18 | $325,000 | 2.00% | 1.10% | BAM | |
| 8/15/19 | $330,000 | 2.00% | 1.40% | BAM | |
| 8/15/20 | $335,000 | 2.00% | 1.55% | BAM | |
| 8/15/21 | $340,000 | 2.00% | 1.85% | BAM | |
| 8/15/22 | $350,000 | 2.00% | 2.00% | BAM | |
| 8/15/23 | $230,000 | 3.00% | 2.10% | BAM | |
| 8/15/24 | $245,000 | 3.00% | 2.25% | BAM | |
| 8/15/25 | $250,000 | 3.00% | 2.45% | BAM | |
| 8/15/26 | $255,000 | 3.00% | 2.50% | BAM | |
| 8/15/27 | $260,000 | 3.00% | 2.70% | BAM | |
| 8/15/28 | $270,000 | 3.00% | 2.80% | BAM | |
| 8/15/30 | $565,000 | 3.50% | 3.00% | BAM |
Other managers: Crews & Associates, Inc., BLNS Securities Limited, Coastal Securities Corp., M. E. Allison & Co., Inc., Comerica Securities.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX.
Other bidders were:
Southwest Securities, TIC 2.4283%
Robert W. Baird, TIC 2.5027%
Raymond James, TIC 2.5997%
FirstSouthwest, TIC 2.6032%
Wells Fargo Secs, TIC 2.6178%
BOSC, TIC 2.684%
Travis County
Apr 22, 2014 . . . . . . $4,950,000
State Highway Bonds, Series 2014 (Limited Tax) (book entry).
Dated Apr 15, 2014.
Due Mar 1, 2015 to 2034.
Callable Mar 1, 2024 at par.
Winning bid: Southwest Securities, at 100.4707, TIC 3.0688%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/15 | $125,000 | 3.00% | 0.18% | ||
| 3/1/16 | $185,000 | 3.00% | 0.37% | ||
| 3/1/17 | $190,000 | 2.00% | 0.66% | ||
| 3/1/18 | $200,000 | 2.00% | 0.96% | ||
| 3/1/19 | $205,000 | 2.00% | 1.23% | ||
| 3/1/20 | $215,000 | 3.00% | 1.56% | ||
| 3/1/21 | $220,000 | 3.00% | 1.94% | ||
| 3/1/22 | $225,000 | 3.00% | 2.06% | ||
| 3/1/23 | $235,000 | 3.00% | 2.27% | ||
| 3/1/24 | $240,000 | 3.00% | 2.47% | ||
| 3/1/25 | $250,000 | 3.00% | 2.65% | ||
| 3/1/26 | $260,000 | 3.00% | 2.82% | ||
| 3/1/27 | $265,000 | 3.00% | 2.98% | ||
| 3/1/28 | $275,000 | 3.00% | 3.15% | ||
| 3/1/29 | $285,000 | 3.00% | 3.24% | ||
| 3/1/30 | $295,000 | 3.25% | 3.32% | ||
| 3/1/31 | $305,000 | 3.25% | 3.40% | ||
| 3/1/32 | $315,000 | 3.375% | 3.50% | ||
| 3/1/33 | $325,000 | 3.375% | 3.57% | ||
| 3/1/34 | $335,000 | 3.50% | 3.63% |
L.O.: Bracewell & Giuliani LLP, Austin, TX; and State Attorney General.
F.A.: D. Ladd Pattillo & Associates, Inc., Austin, TX.
Other bidders were:
Robert W. Baird, TIC 3.0946%
Citigroup, TIC 3.1498%
Hutchinson Shockey, TIC 3.1673%
Morgan Stanley, TIC 3.2791%
Travis County
Apr 22, 2014 . . . . . . $15,665,000
Permanent Improvement Bonds, Series 2014 (Limited Tax) (book entry).
Dated Apr 15, 2014.
Due Mar 1, 2015 to 2034.
Callable Mar 1, 2024 at par.
Winning bid: Piper Jaffray, at 100.3447, TIC 3.037%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/15 | $390,000 | 2.00% | 0.15% | ||
| 3/1/16 | $595,000 | 2.00% | 0.33% | ||
| 3/1/17 | $615,000 | 2.00% | 0.60% | ||
| 3/1/18 | $635,000 | 2.00% | 0.87% | ||
| 3/1/19 | $655,000 | 2.00% | 1.16% | ||
| 3/1/20 | $675,000 | 2.00% | 1.50% | ||
| 3/1/21 | $695,000 | 3.00% | 1.80% | ||
| 3/1/22 | $720,000 | 3.00% | 2.05% | ||
| 3/1/23 | $745,000 | 3.00% | 2.25% | ||
| 3/1/24 | $765,000 | 3.00% | 2.41% | ||
| 3/1/25 | $790,000 | 3.00% | 2.60% | ||
| 3/1/26 | $815,000 | 3.00% | 2.75% | ||
| 3/1/27 | $845,000 | 3.00% | 2.95% | ||
| 3/1/28 | $870,000 | 3.00% | 3.10% | ||
| 3/1/29 | $900,000 | 3.00% | 3.25% | ||
| 3/1/30 | $930,000 | 3.125% | 3.32% | ||
| 3/1/31 | $960,000 | 3.25% | 3.40% | ||
| 3/1/32 | $990,000 | 3.375% | 3.50% | ||
| 3/1/33 | $1,020,000 | 3.375% | 3.56% | ||
| 3/1/34 | $1,055,000 | 3.50% | 3.62% |
L.O.: Bracewell & Giuliani LLP, Austin, TX; and State Attorney General.
F.A.: D. Ladd Pattillo & Associates, Inc., Austin, TX.
Other bidders were:
FirstSouthwest, TIC 3.0701%
BA Merrill Lynch, TIC 3.0907%
Robert W. Baird, TIC 3.1105%
Hutchinson Shockey, TIC 3.1821%
Morgan Stanley, TIC 3.27%
Travis County
Apr 22, 2014 . . . . . . $25,220,000
Unlimited Tax Road Bonds, Series 2014 (book entry).
Dated Apr 15, 2014.
Due Mar 1, 2015 to 2034.
Callable Mar 1, 2024 at par.
Winning bid: Southwest Securities, at 100.5000, TIC 3.0337%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/15 | $625,000 | 2.00% | 0.18% | ||
| 3/1/16 | $955,000 | 2.00% | 0.37% | ||
| 3/1/17 | $985,000 | 3.00% | 0.66% | ||
| 3/1/18 | $1,020,000 | 3.00% | 0.96% | ||
| 3/1/19 | $1,055,000 | 3.00% | 1.23% | ||
| 3/1/20 | $1,085,000 | 2.00% | 1.56% | ||
| 3/1/21 | $1,120,000 | 3.00% | 1.94% | ||
| 3/1/22 | $1,160,000 | 2.00% | 2.06% | ||
| 3/1/23 | $1,195,000 | 3.00% | 2.27% | ||
| 3/1/24 | $1,235,000 | 3.00% | 2.47% | ||
| 3/1/25 | $1,275,000 | 3.00% | 2.65% | ||
| 3/1/26 | $1,315,000 | 3.00% | 2.82% | ||
| 3/1/27 | $1,360,000 | 3.00% | 2.98% | ||
| 3/1/28 | $1,405,000 | 3.00% | 3.15% | ||
| 3/1/29 | $1,450,000 | 3.00% | 3.24% | ||
| 3/1/30 | $1,495,000 | 3.125% | 3.32% | ||
| 3/1/31 | $1,545,000 | 3.25% | 3.40% | ||
| 3/1/32 | $1,595,000 | 3.375% | 3.50% | ||
| 3/1/33 | $1,645,000 | 3.375% | 3.57% | ||
| 3/1/34 | $1,700,000 | 3.50% | 3.63% |
L.O.: Bracewell & Giuliani LLP, Austin, TX; and State Attorney General.
F.A.: D. Ladd Pattillo & Associates, Inc., Austin, TX.
Other bidders were:
Citigroup, TIC 3.0599%
Robert W. Baird, TIC 3.1068%
Piper Jaffray, TIC 3.1338%
William Blair, TIC 3.1632%
Hutchinson Shockey, TIC 3.1675%
BA Merrill Lynch, TIC 3.1913%
Morgan Stanley, TIC 3.2042%
Travis County
Apr 22, 2014 . . . . . . $38,990,000
Certificates of Obligation, Series 2014 (Limited Tax) (book entry).
Dated Apr 15, 2014.
Due Mar 1, 2015 to 2034.
Callable Mar 1, 2024 at par.
Winning bid: Citigroup, at 100.4111, TIC 2.4858%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/15 | $4,725,000 | 1.50% | 0.15% | ||
| 3/1/16 | $5,065,000 | 1.50% | 0.35% | ||
| 3/1/17 | $5,135,000 | 1.50% | 0.65% | ||
| 3/1/18 | $5,205,000 | 1.50% | 0.95% | ||
| 3/1/19 | $5,270,000 | 1.50% | 1.25% | ||
| 3/1/20 | $715,000 | 2.00% | 1.58% | ||
| 3/1/21 | $740,000 | 2.00% | 1.87% | ||
| 3/1/22 | $765,000 | 2.25% | 2.10% | ||
| 3/1/23 | $790,000 | 2.50% | 2.30% | ||
| 3/1/24 | $815,000 | 2.50% | 2.45% | ||
| 3/1/25 | $840,000 | 2.50% | 2.65% | ||
| 3/1/26 | $870,000 | 3.00% | 2.82% | ||
| 3/1/27 | $895,000 | 3.00% | 3.00% | ||
| 3/1/28 | $925,000 | 3.00% | 3.134% | ||
| 3/1/29 | $955,000 | 3.125% | 3.232% | ||
| 3/1/30 | $990,000 | 3.25% | 3.30% | ||
| 3/1/31 | $1,020,000 | 3.25% | 3.387% | ||
| 3/1/32 | $1,055,000 | 3.375% | 3.489% | ||
| 3/1/33 | $1,090,000 | 3.50% | 3.55% | ||
| 3/1/34 | $1,125,000 | 3.50% | 3.606% |
Other managers: FirstSouthwest, J.P. Morgan Securities LLC, UBS Financial Services, Inc., Stifel, Nicolaus & Co., Inc., KeyBanc Capital Markets, Ramirez & Co., Inc., BOSC, Inc., Estrada Hinojosa & Company, Inc..
L.O.: Bracewell & Giuliani LLP, Austin, TX; and State Attorney General.
F.A.: D. Ladd Pattillo & Associates, Inc., Austin, TX.
Other bidders were:
Robert W. Baird, TIC 2.5648%
Hutchinson Shockey, TIC 2.5788%
BA Merrill Lynch, TIC 2.6843%
WISCONSIN
Milwaukee Area Technical College District
Apr 22, 2014 . . . . . . $1,500,000
General Obligation Promissory Notes, Series 2013-14K (book entry).
Dated May 15, 2014.
Due Jun 1, 2015 to 2018.
Non-callable.
Winning bid: Hutchinson Shockey, at 102.6507, TIC 0.8723%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/15 | $350,000 | 3.00% | 0.30% | ||
| 6/1/16 | $500,000 | 2.00% | 0.52% | ||
| 6/1/17 | $500,000 | 2.00% | 0.82% | ||
| 6/1/18 | $150,000 | 1.50% | 1.10% |
L.O.: Michael, Best & Friedrich, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Bernardi Securities, TIC 1.067%
TAXABLE ISSUES
CALIFORNIA
California
Apr 22, 2014 . . . . . . $175,000,000
Various Purpose Federally Taxable General Obligation Bonds (book entry).
Dated May 1, 2014.
Due May 1, 2019.
Non-callable.
Winning bid: Wells Fargo Secs, at 100.5000, TIC 2.144%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/19 | $175,000,000 | 2.25% | 2.09% |
L.O.: Orrick, Herrington & Sutcliffe, Sacramento, CA; and State Attorney General.
F.A.: Public Resources Advisory Group, Los Angeles, CA.
Other bidders were:
Citigroup, TIC 2.2138%
JPMorgan, TIC 2.2248%
Morgan Stanley, TIC 2.2284%
Goldman Sachs, TIC 2.2318%
Raymond James, TIC 2.3903%
RBC Capital Mkts, TIC 2.3933%
Barclays Capital, TIC 2.4252%
BA Merrill Lynch, TIC 2.431%
Jefferies, TIC 2.5588%
KENTUCKY
Bellevue (City)
Apr 22, 2014 . . . . . . $835,000
Taxable General Obligation Refunding Bonds, Series 2014 (book entry).
Dated May 7, 2014.
Due Dec 1, 2014 to 2032.
Callable Jun 1, 2024 at par.
Winning bid: Robert W. Baird, at 100.7320, NIC 3.9329%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/32 | $835,000 | 4.00% | 3.80% |
Other managers: Duncan-WIlliams, Inc., CL King & Associates, WNJ Capital, SAMCO Capital Markets, Crews & Associates, Inc., PNC Capital Markets, FTN Financial Capital Markets, Loop Capital Markets, LLC, CastleOak Securities, L.P., Isaak Bond Investments, Inc., Alamo Capital, SumRidge Partners, LLC, Wedbush Securities Inc., Northland Securities, Inc., First Kentucky Securities Corp., Oppenheimer & Co., Inc..
L.O.: Peck, Shaffer & Williams, Covington, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
Other bidders were:
J.J.B. Hilliard, NIC 4.1623%
Fifth Third Secs, NIC 4.7337%
PENNSYLVANIA
Philadelphia Municipal Authority
Apr 22, 2014 . . . . . . $4,060,000
City Service Agreement Revenue Bonds, Series 2014A (Taxable) (book entry).
Dated Apr 30, 2014.
Due Jan 15, 2018 to 2020.
Non-callable.
Winning bid: Ramirez, at n/a, TIC 2.6919%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/15/18 | $1,325,000 | 2.00% | 2.00% | ||
| 1/15/19 | $1,350,000 | 2.45% | 2.45% | ||
| 1/15/20 | $1,385,000 | 2.82% | 2.82% |
L.O.: Cozen O'Connor, Philadelphia, PA; and Ann C. Lebowitz, Esq., Philadelphia, PA.
F.A.: Public Financial Management, Inc., Philadelphia, PA; and Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
Raymond James, TIC 2.6927%
Janney Montgomery, TIC 2.7124%
Mesirow Financial, TIC 2.9697%
PNC Capital Markets, TIC 2.9853%
Robert W. Baird, TIC 2.986%
RBC Capital Mkts, TIC 3.0447%
BA Merrill Lynch, TIC 3.3217%
