IOWA
Norwalk Community School District
8-May-17 $21,755,000
General Obligation School Bonds, Series 2017 (book entry).
Dated Jun 1, 2017.
Due May 1, 2018 to 2037.
Callable May 1, 2024 at par.
Winning bid: Robert W. Baird, at 98.7444, TIC 3.332%.

Due Amount Cpn Yield Conc Ins
5/1/2018 $55,000 3.00% 1.00%
5/1/2023 $750,000 3.00% 1.75%
5/1/2024 $1,100,000 3.00% 1.90%
5/1/2025 $1,100,000 3.00% 2.15%
5/1/2026 $1,250,000 3.00% 2.30%
5/1/2027 $1,250,000 3.00% 2.45%
5/1/2028 $1,250,000 3.00% 2.70%
5/1/2029 $1,800,000 3.00% 2.85%
5/1/2030 $1,700,000 3.13% 3.13%
5/1/2031 $1,600,000 3.25% 3.25%
5/1/2032 $1,600,000 3.25% 3.27%
5/1/2033 $1,750,000 3.25% 3.32%
5/1/2034 $1,750,000 3.25% 3.37%
5/1/2035 $1,650,000 3.25% 3.42%
5/1/2036 $1,650,000 3.38% 3.47%
5/1/2037 $1,500,000 3.38% 3.52%

Other managers: CL King & Associates, Edward Jones, Dougherty & Company LLC, Fidelity Capital Markets, Crews & Associates, Inc., Ross, Sinclaire & Associates LLC, WNJ Capital, Davenport & Company LLC, SAMCO Capital Markets, Vining-Sparks IBG, Limited Partnership, Duncan-Williams, Inc., Bernardi Securities, Inc., Oppenheimer & Co., Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Country Club Bank, Loop Capital Markets, LLC, Wayne Hummer & Co., Sierra Pacific Securities, Alamo Capital, First Empire Securities, RBC Capital Markets, Wedbush Securities Inc., IFS Securities, Rafferty Capital Markets LLC, Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp., Isaak Bond Investments, Inc..
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
Northland Securities, TIC 3.3396%
JPMorgan, TIC 3.363%
FTN Fin Cap Mkts, TIC 3.3945%
Hutchinson Shockey, TIC 3.4073%
Mesirow Financial, TIC 3.4114%
BA Merrill Lynch, TIC 3.4943%


OKLAHOMA
Stephens County Independent School District No. 3 (Marlow)
8-May-17 $970,000
Building Bonds of 2017 (bank qualified) (book entry).
Dated Jun 1, 2017.
Due Jun 1, 2019.
Non-callable.
Winning bid: BancFirst, at n/a, NIC 1.375%.

Due Amount Cpn Yield Conc Ins
6/1/2019 $970,000 1.38% NRO

L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
UMB Bank, NIC 1.6485%


TENNESSEE
Sevier County
8-May-17 $4,480,000
General Obligation Bonds, Series 2017 (bank qualified) (book entry).
Dated May 25, 2017.
Due Jun 1, 2020 to 2037.
Callable Jun 1, 2024 at par.
Winning bid: FTN Fin Cap Mkts, at 101.6854, TIC 2.7411%.

Due Amount Cpn Yield Conc Ins
6/1/2020 $195,000 4.00% 1.25%
6/1/2021 $200,000 3.00% 1.45%
6/1/2022 $205,000 3.00% 1.55%
6/1/2023 $215,000 3.00% 1.75%
6/1/2024 $220,000 3.00% 1.85%
6/1/2025 $225,000 2.25% 2.05%
6/1/2026 $230,000 2.25% 2.15%
6/1/2027 $235,000 2.50% 2.20%
6/1/2028 $240,000 2.50% 2.25%
6/1/2029 $250,000 2.50% 2.35%
6/1/2030 $255,000 3.00% 2.45%
6/1/2031 $260,000 3.00% 2.60%
6/1/2032 $270,000 2.75% 2.70%
6/1/2033 $280,000 2.88% 2.80%
6/1/2034 $285,000 3.00% 2.85%
6/1/2035 $295,000 3.00% 3.00%
6/1/2036 $305,000 3.25% 3.00%
6/1/2037 $315,000 3.25% 3.05%

L.O.: Robertson, Overbey, Wilson and Beeler, Knoxville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Raymond James, TIC 2.7848%
Cantor Fitzgerald, TIC 2.7987%
SunTrust Robinson, TIC 2.8242%
Robert W. Baird, TIC 2.8453%
Wells Fargo Secs, TIC 2.9222%


TEXAS
Bastrop County
8-May-17 $9,290,000
Combination Tax and Revenue Certificates of Obligation, Series 2017 (bank qualified) (book entry).
Dated May 1, 2017.
Due Aug 1, 2019 to 2036.
Callable Aug 1, 2027 at par.
Winning bid: FTN Fin Cap Mkts, at 103.3782, TIC 2.6551%.

Due Amount Cpn Yield Conc Ins
8/1/2019 $395,000 3.00% 1.15%
8/1/2020 $410,000 3.00% 1.30%
8/1/2021 $420,000 3.00% 1.45%
8/1/2022 $435,000 3.00% 1.55%
8/1/2023 $445,000 3.00% 1.70%
8/1/2024 $460,000 3.00% 1.85%
8/1/2025 $475,000 3.00% 2.00%
8/1/2026 $490,000 3.00% 2.10%
8/1/2036 $5,760,000 3.00% 2.75%

L.O.: Bickerstaff, Heath, Smiley, Pollan, Kever & McDaniel, Austin, TX; and State Attorney General.
F.A.: PFM Financial Advisors LLC, Austin, TX; and PFM Financial Advisors LLC, Memphis, TN.
Other bidders were:
BOK Fin Secs, TIC 2.7064%
Janney Montgomery, TIC 2.7229%
Raymond James, TIC 2.7237%
Citigroup, TIC 2.7478%
Frost Bank, TIC 2.7947%
SAMCO Cap Mkts, TIC 2.8%
Robert W. Baird, TIC 2.8061%
Hilltop Securities, TIC 2.8148%
Wells Fargo Secs, TIC 2.86%
William Blair, TIC 2.9108%

WISCONSIN
Lodi School District
8-May-17 $12,010,000
General Obligation School Building and Improvement Bonds (book entry).
Dated May 30, 2017.
Due Mar 1, 2018 to 2030.
Callable Mar 1, 2026 at par.
Winning bid: Fifth Third Secs, at 102.5980, TIC 2.4922%.

Due Amount Cpn Yield Conc Ins
3/1/2018 $920,000 2.00% 0.96%
3/1/2019 $1,035,000 2.00% 1.09%
3/1/2020 $1,025,000 2.00% 1.21%
3/1/2021 $1,075,000 3.00% 1.36%
3/1/2022 $1,115,000 3.00% 1.55%
3/1/2023 $720,000 3.00% 1.72%
3/1/2024 $865,000 3.00% 1.90%
3/1/2025 $870,000 3.00% 2.12%
3/1/2026 $915,000 3.00% 2.30%
3/1/2027 $950,000 3.00% 2.50%
3/1/2028 $990,000 3.00% 2.70%
3/1/2029 $1,110,000 3.00% 2.90%
3/1/2030 $420,000 3.00% 3.05%

L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Morgan Stanley, TIC 2.5%
Northland Securities, TIC 2.5878%
JPMorgan, TIC 2.6183%
Hutchinson Shockey, TIC 2.7104%

TAXABLE ISSUES

IOWA
Eastern Iowa Community College (Merged Area IX)
8-May-17 $6,000,000
Taxable Industrial New Jobs Training Certificates, Series 2017-1 (book entry).
Dated Jun 1, 2017.
Due Jun 1, 2019 to 2027.
Callable Jun 1, 2025 at par.
Winning bid: Piper Jaffray, at 100.1488, TIC 2.7886%.

Due Amount Cpn Yield Conc Ins
6/1/2019 $120,000 2.50% 1.60%
6/1/2020 $215,000 2.50% 1.80%
6/1/2021 $340,000 2.50% 2.00%
6/1/2022 $520,000 2.50% 2.20%
6/1/2023 $655,000 2.75% 2.40%
6/1/2024 $855,000 2.75% 2.55%
6/1/2025 $960,000 2.75% 2.70%
6/1/2026 $1,090,000 2.85% 2.85%
6/1/2027 $1,245,000 3.00% 3.00%

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Robert W. Baird, TIC 2.8009%
PNC Capital Markets, TIC 2.821%
FTN Fin Cap Mkts, TIC 2.8317%
SunTrust Robinson, TIC 2.8475%
Northland Securities, TIC 2.8679%
Raymond James, TIC 2.9612%
Bankers' Bank, TIC 3.0491%


Western Iowa Tech Community College (Merged Area XII)
8-May-17 $5,130,000
Taxable Industrial New Jobs Training Certificates, Series 2017-1 (book entry).
Dated Jun 7, 2017.
Due Jun 1, 2018 to 2027.
Callable Jun 1, 2023 at par.
Winning bid: Robert W. Baird, at n/a, TIC 2.576%.

Due Amount Cpn Yield Conc Ins
6/1/2018 $555,000 2.50% 1.30%
6/1/2019 $525,000 2.50% 1.55%
6/1/2020 $515,000 2.50% 1.80%
6/1/2021 $515,000 2.50% 2.00%
6/1/2022 $505,000 2.50% 2.20%
6/1/2023 $505,000 2.50% 2.40%
6/1/2024 $505,000 2.60% 2.60%
6/1/2025 $505,000 2.70% 2.70%
6/1/2026 $500,000 2.85% 2.85%
6/1/2027 $500,000 3.00% 3.00%

Other managers: CL King & Associates, Dougherty & Company LLC, Fidelity Capital Markets, Crews & Associates, Inc., Ross, Sinclaire & Associates LLC, WNJ Capital, Davenport & Company LLC, SAMCO Capital Markets, Vining-Sparks IBG, Limited Partnership, Duncan-Williams, Inc., Bernardi Securities, Inc., Oppenheimer & Co., Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Country Club Bank, Loop Capital Markets, LLC, Wayne Hummer & Co., UMB Bank, N.A., D.A. Davidson & Co., Sierra Pacific Securities, Alamo Capital, First Empire Securities, Wedbush Securities Inc., IFS Securities, Rafferty Capital Markets LLC, Midland Securities Ltd, FMSbonds, Inc., Commerce Bank, First Kentucky Securities Corp., Isaak Bond Investments, Inc..
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Speer Financial, Inc., Chicago, IL; and Speer Financial, Inc., Waterloo, IA.
Other bidders were:
SunTrust Robinson, TIC 2.6036%
FTN Fin Cap Mkts, TIC 2.6304%
Piper Jaffray, TIC 2.6425%
Northland Securities, TIC 2.6577%
Fifth Third Secs, TIC 2.6587%
Raymond James, TIC 2.6914%
Bankers' Bank, TIC 2.7482%

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.