INDIANA
Concord Community Schools
20-Apr-17 $2,000,000
General Obligation Bonds, of 2017 (book entry).
Dated May 19, 2017.
Due Jun 30, 2018 to Dec 30, 2020.
Non-callable.
Winning bid: Stifel Nicolaus, at 100.9396, NIC 1.5987%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/30/2018 | $340,000 | 2.00% | 1.15% | ||
| 12/30/2018 | $370,000 | 2.00% | 1.20% | ||
| 6/30/2019 | $315,000 | 2.00% | 1.30% | ||
| 12/30/2019 | $320,000 | 2.00% | 1.38% | ||
| 6/30/2020 | $325,000 | 2.00% | 1.51% | ||
| 12/30/2020 | $330,000 | 2.00% | 1.57% |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
David A. Noyes, NIC 1.73%
MICHIGAN
Ann Arbor Public Schools
20-Apr-17 $9,485,000
2017 Refunding Bonds (Unlimited Tax General Obligation) (Michigan School Bond Qualification and Loan Program) (bank qualified) (book entry).
Dated May 17, 2017.
Due May 1, 2018 to 2029.
Callable May 1, 2027 at par.
Winning bid: Fifth Third Secs, at 104.7624, TIC 1.9715%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 5/1/2018 | $490,000 | 2.00% | 0.90% | ||
| 5/1/2020 | $710,000 | 2.00% | 1.15% | ||
| 5/1/2021 | $790,000 | 2.00% | 1.25% | ||
| 5/1/2022 | $735,000 | 2.00% | 1.40% | ||
| 5/1/2023 | $1,000,000 | 2.00% | 1.55% | ||
| 5/1/2024 | $1,000,000 | 2.00% | 1.65% | ||
| 5/1/2025 | $1,000,000 | 3.00% | 1.80% | ||
| 5/1/2026 | $900,000 | 3.00% | 1.90% | ||
| 5/1/2027 | $950,000 | 3.00% | 2.00% | ||
| 5/1/2028 | $955,000 | 3.00% | 2.10% | ||
| 5/1/2029 | $955,000 | 3.00% | 2.20% |
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Wells Fargo Secs, TIC 2.054%
Robert W. Baird, TIC 2.0697%
J.J.B. Hilliard, TIC 2.074%
Raymond James, TIC 2.0999%
Citigroup, TIC 2.1217%
SunTrust Robinson, TIC 2.1545%
FTN Fin Cap Mkts, TIC 2.1925%
Morgan Stanley, TIC 2.2497%
NEW MEXICO
JAL Public School District No. 19
20-Apr-17 $19,500,000
General Obligation School Building Bonds, Series 2017 (NM SD Credit Enhancement Program) (book entry).
Dated May 31, 2017.
Due Aug 1, 2019 to 2035.
Callable Aug 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 103.3019, TIC 3.0781%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 8/1/2019 | $880,000 | 5.00% | 1.10% | ||
| 8/1/2020 | $870,000 | 5.00% | 1.31% | ||
| 8/1/2021 | $865,000 | 5.00% | 1.47% | ||
| 8/1/2022 | $775,000 | 5.00% | 1.65% | ||
| 8/1/2023 | $760,000 | 5.00% | 1.84% | ||
| 8/1/2024 | $715,000 | 5.00% | 1.99% | ||
| 8/1/2025 | $710,000 | 5.00% | 2.17% | ||
| 8/1/2026 | $690,000 | 5.00% | 2.31% | ||
| 8/1/2027 | $670,000 | 3.00% | 2.45% | ||
| 8/1/2028 | $650,000 | 3.00% | 2.64% | ||
| 8/1/2029 | $635,000 | 3.00% | 2.79% | ||
| 8/1/2030 | $630,000 | 3.00% | 2.92% | ||
| 8/1/2031 | $1,255,000 | 3.00% | 3.05% | ||
| 8/1/2032 | $1,465,000 | 3.00% | 3.18% | ||
| 8/1/2033 | $2,550,000 | 3.13% | 3.24% | ||
| 8/1/2034 | $2,650,000 | 3.13% | 3.30% | ||
| 8/1/2035 | $2,730,000 | 3.25% | 3.35% |
L.O.: Modrall, Sperling, Roehl, Harris & Sisk, Albuquerque, NM; and State Attorney General.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
Robert W. Baird, TIC 3.0857%
Morgan Stanley, TIC 3.2297%
Hutchinson Shockey, TIC 3.2511%
Raymond James, TIC 3.253%
JPMorgan, TIC 3.3347%
TEXAS
Stanton Independent School District
20-Apr-17 $4,045,000
Unlimited Tax Refunding Bonds, Series 2017 (bank qualified) (book entry).
Dated Apr 15, 2017.
Due Feb 15, 2018 to 2023.
Non-callable.
Winning bid: Stifel Nicolaus, at 105.2178, TIC 1.3659%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 2/15/2018 | $640,000 | 3.00% | 0.85% | PSF | |
| 2/15/2019 | $650,000 | 3.00% | 1.00% | PSF | |
| 2/15/2020 | $665,000 | 3.00% | 1.15% | PSF | |
| 2/15/2021 | $680,000 | 3.00% | 1.25% | PSF | |
| 2/15/2022 | $695,000 | 3.00% | 1.40% | PSF | |
| 2/15/2023 | $715,000 | 3.00% | 1.50% | PSF |
Other managers: BOK Financial Securities.
L.O.: Underwood Law Firm, Amarillo, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX.
Other bidders were:
Raymond James, TIC 1.4277%
Cantor Fitzgerald, TIC 1.4428%
Wells Fargo Secs, TIC 1.4444%
Robert W. Baird, TIC 1.4613%
Hutchinson Shockey, TIC 1.4615%
SAMCO Cap Mkts, TIC 1.4634%
UMB Bank, TIC 1.5067%
FTN Fin Cap Mkts, TIC 1.5979%