ARKANSAS
Bryant School District No. 25 of Saline County
Jun 22, 2017 $41,225,000
Refunding and Construction Bonds, Series A (Arkansas State School District Credit Enhancement Program) (book entry).
Dated Jul 1, 2017.
Due Feb 1, 2018 to 2047.
Callable Aug 1, 2022 at par.
Winning bid: Wells Fargo Secs, at 98.3504, TIC 3.465%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 2/1/2018 | $140,000 | 3.00% | 1.00% | ||
| 2/1/2019 | $895,000 | 3.00% | 1.22% | ||
| 2/1/2020 | $920,000 | 3.00% | 1.35% | ||
| 2/1/2021 | $945,000 | 3.00% | 1.47% | ||
| 2/1/2022 | $975,000 | 3.00% | 1.62% | ||
| 2/1/2023 | $1,005,000 | 3.00% | 1.80% | ||
| 2/1/2024 | $1,035,000 | 3.00% | 1.95% | ||
| 2/1/2025 | $1,065,000 | 3.00% | 2.12% | ||
| 2/1/2026 | $1,100,000 | 3.00% | 2.34% | ||
| 2/1/2027 | $1,130,000 | 3.00% | 2.50% | ||
| 2/1/2028 | $1,165,000 | 3.00% | 2.70% | ||
| 2/1/2029 | $1,200,000 | 3.00% | 2.90% | ||
| 2/1/2030 | $1,235,000 | 3.00% | 3.05% | ||
| 2/1/2031 | $1,275,000 | 3.00% | 3.14% | ||
| 2/1/2032 | $1,310,000 | 3.00% | 3.22% | ||
| 2/1/2033 | $1,350,000 | 3.13% | 3.29% | ||
| 2/1/2034 | $1,390,000 | 3.25% | 3.35% | ||
| 2/1/2035 | $1,430,000 | 3.25% | 3.40% | ||
| 2/1/2036 | $1,480,000 | 3.25% | 3.43% | ||
| 2/1/2038 | $3,125,000 | 3.25% | 3.46% | ||
| 2/1/2042 | $6,925,000 | 3.50% | 3.59% | ||
| 2/1/2044 | $3,840,000 | 3.50% | 3.62% | ||
| 2/1/2047 | $6,290,000 | 3.50% | 3.64% |
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: First Security Beardsley Public Finance, Little Rock, AR.
Other bidders were:
Robert W. Baird, TIC 3.4787%
Raymond James, TIC 3.6181%
BA Merrill Lynch, TIC 3.6292%
CALIFORNIA
Torrance (City)
Jun 22, 2017 $40,000,000
2016-17 Tax and Revenue Anticipation Notes (book entry).
Dated Jul 6, 2017.
Due Jul 5, 2018.
Purchased $40,000,000.00 by BA Merrill Lynch, at 2.0%, plus $428,800.00, effective rate 0.925%.
L.O.: Jones Hall, San Francisco, CA.
F.A.: NHA Advisors, San Rafael, CA.
Other bidders were:
JPMorgan, Effective Rate 0.9644%
Jefferies, Effective Rate 0.9845%
Alamo Capital, Effective Rate 0.9906%
Morgan Stanley, Effective Rate 1.0014%
TD Securities, Effective Rate 1.0289%
Wells Fargo Secs, Effective Rate 1.0809%
Citigroup, Effective Rate 1.0957%
INDIANA
Metropolitan School District of Martinsville
Jun 22, 2017 $4,000,000
General Obligation Bonds of 2017 (bank qualified) (book entry).
Dated Jul 13, 2017.
Due Jul 15, 2018 to Jan 15, 2023.
Non-callable.
Winning bid: Fifth Third Secs, at 101.7067, NIC 1.4864%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/15/2018 | $345,000 | 2.00% | 0.95% | ||
| 1/15/2019 | $390,000 | 2.00% | 1.05% | ||
| 7/15/2019 | $395,000 | 2.00% | 1.12% | ||
| 1/15/2020 | $395,000 | 2.00% | 1.20% | ||
| 7/15/2020 | $400,000 | 2.00% | 1.25% | ||
| 1/15/2021 | $405,000 | 2.00% | 1.30% | ||
| 7/15/2021 | $410,000 | 2.00% | 1.35% | ||
| 1/15/2022 | $415,000 | 2.00% | 1.40% | ||
| 7/15/2022 | $420,000 | 2.00% | 1.45% | ||
| 1/15/2023 | $425,000 | 2.00% | 1.55% |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
Stifel Nicolaus, NIC 1.5987%
J.J.B. Hilliard, NIC 1.6652%
SunTrust Robinson, NIC 1.7715%
MASSACHUSETTS
Cape Ann Transportation Authority
Jun 22, 2017 $2,100,000
Revenue Anticipation Notes (bank qualified).
Dated Jul 7, 2017.
Due Jul 6, 2018.
Purchased $2,100,000.00 by Oppenheimer, at 2.0%, plus $18,015.00, effective rate 1.1398%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.164%
Century Bk, Effective Rate 1.3%
Chelmsford (Town)
Jun 22, 2017 $9,755,000
General Obligation Municipal Purpose Loan of 2017 Bonds (book entry).
Dated Jul 6, 2017.
Due Jun 15, 2018 to 2032.
Callable Jun 15, 2025 at par.
Winning bid: Citigroup, at 111.2642, TIC 2.1046%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/15/2018 | $125,000 | 5.00% | 0.90% | ||
| 6/15/2019 | $1,100,000 | 5.00% | 1.00% | ||
| 6/15/2020 | $1,100,000 | 5.00% | 1.05% | ||
| 6/15/2021 | $1,100,000 | 5.00% | 1.16% | ||
| 6/15/2022 | $1,100,000 | 5.00% | 1.27% | ||
| 6/15/2023 | $775,000 | 5.00% | 1.41% | ||
| 6/15/2024 | $675,000 | 5.00% | 1.51% | ||
| 6/15/2025 | $650,000 | 5.00% | 1.65% | ||
| 6/15/2026 | $650,000 | 5.00% | 1.80% | ||
| 6/15/2027 | $605,000 | 2.13% | 2.25% | ||
| 6/15/2028 | $375,000 | 2.25% | 2.50% | ||
| 6/15/2029 | $375,000 | 2.50% | 2.62% | ||
| 6/15/2030 | $375,000 | 3.00% | 2.71% | ||
| 6/15/2031 | $375,000 | 3.00% | 2.79% | ||
| 6/15/2032 | $375,000 | 3.00% | 2.86% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Drexel Hamilton, LLC., Siebert Cisneros Shank & Co., L.L.C., The Williams Capital Group, L.P., Stifel, Nicolaus & Co., Inc., UBS Financial Services, Inc., Wiley Bros.-Aintree Capital LLC, Intercoastal Capital Markets, Inc., American Municipal Securities, Inc..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
JPMorgan, TIC 2.1104%
Janney Montgomery, TIC 2.1183%
Fidelity Capital, TIC 2.1299%
Robert W. Baird, TIC 2.1477%
FTN Fin Cap Mkts, TIC 2.1495%
Easton (Town)
Jun 22, 2017 $300,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jun 30, 2017.
Due Aug 18, 2017.
Purchased $300,000.00 by Century Bk, at 1.15%, effective rate 1.15%.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Easthampton Svgs Bk, Effective Rate 1.24%
Eastern Bk Cap Mkts, Effective Rate 1.25%
UniBank Fiscal Adv, Effective Rate 1.3%
Gloucester (City)
Jun 22, 2017 $5,301,000
General Obligation Bond Anticipation Notes Series B (new money).
Dated Jun 30, 2017.
Due Feb 8, 2018.
Purchased $5,301,000.00 by Eastern Bk Cap Mkts, at 2.0%, plus $29,307.76, effective rate 1.087%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
TD Securities, Effective Rate 1.1396%
Century Bk, Effective Rate 1.2211%
Jefferies, Effective Rate 1.3136%
Oppenheimer, Effective Rate 1.3346%
Holyoke (City)
Jun 22, 2017 $8,224,557
General Obligation Bond Anticipation Notes, Series B (renewal and new money) (bank qualified).
Dated Jun 30, 2017.
Due Sep 29, 2017.
Purchased $7,224,000.00 by Eastern Bk Cap Mkts, at 2.35%, plus $19,860.74, effective rate 1.194%.
Purchased $1,000,560.00 by Century Bk, at 2.25%, plus $2,752.00, effective rate 1.1375%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.194%
Jefferies, Effective Rate 1.3026%
People's Bank, Effective Rate 1.308%
Oppenheimer, Effective Rate 1.5551%
Quincy (City)
Jun 22, 2017 $1,000,000
General Obligation Bond Anticipation Notes (new money).
Dated Jun 30, 2017.
Due Jun 29, 2018.
Purchased $1,000,000.00 by Century Bk, at 1.6%, plus $4,000.00, effective rate 1.1989%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.219%
Quincy (City)
Jun 22, 2017 $2,273,303
General Obligation State Aid Anticipation Notes (new money).
Dated Jun 30, 2017.
Due Sep 29, 2017.
Purchased $2,273,300.00 by Century Bk, at 1.17%, effective rate 1.17%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.238%
MISSOURI
Meramec Valley School District No. R-III
Jun 22, 2017 $5,435,000
General Obligation Refunding Bonds, Series 2017B (Missouri Direct Deposit Program) (bank qualified) (book entry).
Dated Jul 6, 2017.
Due Mar 1, 2018 to 2021.
Non-callable.
Winning bid: Robert W. Baird, at 103.0980, TIC 1.2245%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 3/1/2018 | $1,870,000 | 3.00% | 0.90% | ||
| 3/1/2019 | $1,905,000 | 3.00% | 1.00% | ||
| 3/1/2020 | $810,000 | 3.00% | 1.10% | ||
| 3/1/2021 | $850,000 | 3.00% | 1.20% |
Other managers: Edward Jones, CL King & Associates, Vining-Sparks IBG, Limited Partnership, Dougherty & Company LLC, SAMCO Capital Markets, WNJ Capital, Crews & Associates, Inc., Davenport & Company LLC, Duncan-Williams, Inc., Loop Capital Markets, LLC, Country Club Bank, Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc., Valdes & Moreno, Inc., Isaak Bond Investments, Inc., George K. Baum & Co., SumRidge Partners, LLC, Central States Capital Markets, LLC, Oppenheimer & Co., Inc., Sierra Pacific Securities, Alamo Capital, First Empire Securities, W.H. Mell Associates, Inc., Wayne Hummer & Co., IFS Securities, Rafferty Capital Markets LLC, FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd.
L.O.: Gilmore & Bell, St. Louis, MO.
F.A.: Piper Jaffray & Company, Leawood, KS; and Piper Jaffray & Company, St Louis, MO.
Other bidders were:
Commerce Bank, TIC 1.2255%
Cantor Fitzgerald, TIC 1.2467%
FTN Fin Cap Mkts, TIC 1.2774%
Raymond James, TIC 1.2887%
SunTrust Robinson, TIC 1.3534%
UMB Bank, TIC 1.5155%
NEW JERSEY
Cranford Township
Jun 22, 2017 $9,500,000
$8,141,000 General Bond Anticipation Notes and $1,359,000 Swim Pool Utility Bond Anticipation Notes (bank qualified).
Dated Jun 30, 2017.
Due Jun 29, 2018.
Purchased $9,500,000.00 by TD Bank, N.A., at 1.1%, effective rate 1.1%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.171%
Oppenheimer, Effective Rate 1.2474%
TD Securities, Effective Rate 1.3241%
Demarest Borough
Jun 22, 2017 $1,516,944
Bond Anticipation Note (bank qualified).
Dated Jul 5, 2017.
Due Jun 29, 2018.
Purchased $1,516,940.00 by Marine Midland, at 1.35%, effective rate 1.35%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.6182%
Roosevelt & Cross, Effective Rate 1.7395%
Manalapan Township
Jun 22, 2017 $5,813,606
Bond Anticipation Notes, Series 2017A.
Dated Jun 29, 2017.
Due Jan 30, 2018.
Purchased $5,813,610.00 by Jefferies, at 2.25%, plus $35,929.00, effective rate 1.195%.
L.O.: GluckWalrath, LLP, Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 1.245%
Wells Fargo Secs, Effective Rate 1.2561%
Oppenheimer, Effective Rate 1.3124%
Orange Township (City)
Jun 22, 2017 $4,700,000
$4,700,000 General Obligation Notes, Series 2017 Consisting of $2,150,000 Refunding Notes, Series 2017A and $2,550,000 Temporary Notes, Series 2017B (bank qualified).
Dated Jun 28, 2017.
Due Dec 11, 2017.
Purchased $4,700,000.00 by Oppenheimer, at 2.0%, plus $9,729.00, effective rate 1.5428%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Rahway (City)
Jun 22, 2017 $4,714,000
Bond Anticipation Notes (book entry).
Dated Jun 28, 2017.
Due Jun 28, 2018.
Purchased $4,714,000.00 by TD Bank, N.A., at 1.18%, effective rate 1.18%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Lerch, Vinci & Higgins, Fair Lawn, NJ.
Other bidders were:
TD Securities, Effective Rate 1.338%
Oppenheimer, Effective Rate 1.437%
Jefferies, Effective Rate 1.476%
Wall Township
Jun 22, 2017 $21,744,500
Bond Anticipation Notes.
Dated Jun 29, 2017.
Due Jun 29, 2018.
Purchased $21,744,500.00 by TD Securities, at 2.25%, plus $188,959.70, effective rate 1.381%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.386%
JPMorgan Chase, Effective Rate 1.4%
Oppenheimer, Effective Rate 1.884%
Wenonah Borough
Jun 22, 2017 $2,018,250
Notes Consisting of $811,500 Bond Anticipation Note and $1,206,750 Water-Sewer Utility Note (bank qualified).
Dated Jun 29, 2017.
Due Dec 20, 2017.
Purchased $2,018,250.00 by Capital Bank of NJ, at 1.796%, effective rate 1.796%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 2.4682%
NEW YORK
Albany (City)
Jun 22, 2017 $44,596,417
Bond Anticipation Notes, 2017.
Dated Jun 29, 2017.
Due Jun 29, 2018.
Purchased $44,596,420.00 by Bank of America, at 1.19%, effective rate 1.19%.
L.O.: Roemer, Wallens & Mineaux, LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.252%
TD Securities, Effective Rate 1.336%
JPMorgan, Effective Rate 1.386%
JPMorgan Chase, Effective Rate 1.48%
Oppenheimer, Effective Rate 1.4973%
East Aurora Union Free School District
Jun 22, 2017 $494,144
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 6, 2017.
Due Jun 28, 2018.
Purchased $494,140.00 by Roosevelt & Cross, at 2.0%, plus $1,282.00, effective rate 1.7347%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.8831%
M & T Bank, Effective Rate 2.4%
Elmsford Union Free School District
Jun 22, 2017 $8,652,000
Bond Anticipation Notes for School Construction- 2017 (bank qualified).
Dated Jul 7, 2017.
Due Jul 6, 2018.
Purchased $8,652,000.00 by Jefferies, at 2.25%, plus $101,575.00, effective rate 1.0727%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
TD Securities, Effective Rate 1.278%
Sterling Natl Bk, Effective Rate 1.51%
People's United Bk, Effective Rate 1.65%
Hamburg (Town)
Jun 22, 2017 $3,320,000
Bond Anticipation Notes for Various Purposes - 2017 (bank qualified).
Dated Jul 5, 2017.
Due Jul 5, 2018.
Purchased $3,320,000.00 by Oppenheimer, at 2.25%, plus $29,451.00, effective rate 1.3629%.
L.O.: Underberg & Kessler LLP, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Jefferies, Effective Rate 1.388%
JPMorgan Chase, Effective Rate 1.449%
Hamburg (Town)
Jun 22, 2017 $4,460,000
Public Improvement Serial Bonds - 2017 (bank qualified) (book entry).
Dated Jul 5, 2017.
Due Jul 1, 2018 to 2035.
Callable Jul 1, 2027 at par.
Winning bid: Roosevelt & Cross, at 101.0548, NIC 2.4121%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/1/2018 | $305,000 | 2.00% | 0.85% | ||
| 7/1/2019 | $315,000 | 2.00% | 1.00% | ||
| 7/1/2020 | $320,000 | 2.00% | 1.05% | ||
| 7/1/2021 | $245,000 | 2.00% | 1.15% | ||
| 7/1/2022 | $250,000 | 2.00% | 1.30% | ||
| 7/1/2023 | $255,000 | 2.00% | 1.45% | ||
| 7/1/2024 | $255,000 | 2.00% | 1.55% | ||
| 7/1/2025 | $255,000 | 2.00% | 1.70% | ||
| 7/1/2026 | $255,000 | 2.00% | 1.85% | ||
| 7/1/2027 | $260,000 | 2.00% | 2.00% | ||
| 7/1/2028 | $275,000 | 2.25% | 2.15% | ||
| 7/1/2029 | $205,000 | 2.50% | 2.30% | ||
| 7/1/2030 | $205,000 | 2.75% | 2.40% | ||
| 7/1/2031 | $205,000 | 3.00% | 2.50% | ||
| 7/1/2032 | $205,000 | 3.00% | 2.62% | ||
| 7/1/2033 | $210,000 | 3.00% | 2.75% | ||
| 7/1/2034 | $220,000 | 3.00% | 2.85% | ||
| 7/1/2035 | $220,000 | 3.00% | 2.95% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Ross, Sinclaire & Associates LLC, Intercoastal Capital Markets, Inc., Edward D. Jones & Co., Oppenheimer & Co., Inc., R. Seelaus & Co., Inc..
L.O.: Underberg & Kessler LLP, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Raymond James, NIC 2.4485%
Robert W. Baird, NIC 2.4693%
FTN Fin Cap Mkts, NIC 2.58%
Hastings (Town)
Jun 22, 2017 $2,800,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Jul 6, 2017.
Due Jul 6, 2018.
Purchased $2,800,000.00 by Bank of Greene Co, at 1.42%, effective rate 1.42%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.9686%
Kiryas Joel Village
Jun 22, 2017 $90,000
General Obligation Serial Bonds 2017.
Dated Jul 6, 2017.
Due Jul 1, 2018 to 2021.
Non-callable.
Winning bid: Sage Rutty, at n/a, NIC 2.7421%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/1/2018 | $25,000 | 2.75% | 1.10% | ||
| 7/1/2019 | $25,000 | 2.75% | 1.30% | ||
| 7/1/2020 | $25,000 | 2.75% | 1.50% | ||
| 7/1/2021 | $15,000 | 2.75% | 1.65% |
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.9228%
Lyncourt Union Free School District
Jun 22, 2017 $1,281,931
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 10, 2017.
Due Jun 29, 2018.
Purchased $1,281,930.00 by NBT Bank, at 1.02%, effective rate 1.02%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 1.42%
Oppenheimer, Effective Rate 1.5976%
Roosevelt & Cross, Effective Rate 1.7786%
Lyons Central School District
Jun 22, 2017 $8,399,259
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 13, 2017.
Due Jun 29, 2018.
Purchased $8,399,260.00 by Jefferies, at 2.25%, plus $79,123.00, effective rate 1.2699%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.3871%
TD Securities, Effective Rate 1.4273%
JPMorgan Chase, Effective Rate 1.43%
Monroe County
Jun 21, 2017 $43,225,000
Public Improvement Serial Bonds - 2017 (book entry).
Dated Jun 27, 2017.
Due Jun 1, 2018 to 2037.
Callable Jun 1, 2027 at par.
Winning bid: BA Merrill Lynch, at 110.9609, TIC 2.6823%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2018 | $2,895,000 | 5.00% | 1.13% | AGM | |
| 6/1/2019 | $3,440,000 | 5.00% | 1.26% | AGM | |
| 6/1/2020 | $3,615,000 | 5.00% | 1.37% | AGM | |
| 6/1/2021 | $3,610,000 | 5.00% | 1.51% | AGM | |
| 6/1/2022 | $3,485,000 | 5.00% | 1.62% | AGM | |
| 6/1/2023 | $3,195,000 | 5.00% | 1.76% | AGM | |
| 6/1/2024 | $2,895,000 | 5.00% | 1.89% | AGM | |
| 6/1/2025 | $2,790,000 | 5.00% | 2.05% | AGM | |
| 6/1/2026 | $2,235,000 | 5.00% | 2.21% | AGM | |
| 6/1/2027 | $2,140,000 | 5.00% | 2.34% | AGM | |
| 6/1/2028 | $2,090,000 | 5.00% | 2.47% | AGM | |
| 6/1/2029 | $1,840,000 | 4.00% | 2.72% | AGM | |
| 6/1/2030 | $1,780,000 | 4.00% | 2.86% | AGM | |
| 6/1/2031 | $1,710,000 | 4.00% | 2.99% | AGM | |
| 6/1/2032 | $1,365,000 | 3.00% | 3.06% | AGM | |
| 6/1/2033 | $855,000 | 3.00% | 3.13% | AGM | |
| 6/1/2034 | $865,000 | 3.00% | 3.19% | AGM | |
| 6/1/2035 | $845,000 | 3.13% | 3.24% | AGM | |
| 6/1/2036 | $840,000 | 3.13% | 3.28% | AGM | |
| 6/1/2037 | $735,000 | 3.13% | 3.31% | AGM |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, New York, NY.
Other bidders were:
JPMorgan, TIC 2.7298%
Jefferies, TIC 2.7442%
Citigroup, TIC 2.7611%
Wells Fargo Secs, TIC 2.862%
North Syracuse Central School District
Jun 22, 2017 $12,500,000
Bond Anticipation Notes, 2017A.
Dated Jul 6, 2017.
Due Jun 28, 2018.
Purchased $12,500,000.00 by Jefferies, at 2.25%, plus $122,752.00, effective rate 1.2457%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.2705%
JPMorgan, Effective Rate 1.331%
TD Securities, Effective Rate 1.3566%
JPMorgan Chase, Effective Rate 1.45%
Oakfield-Alabama Central School District
Jun 22, 2017 $15,660,000
Bond Anticipation Notes, 2017.
Dated Jul 6, 2017.
Due Jun 26, 2018.
Purchased $15,660,000.00 by Jefferies, at 2.25%, plus $148,301.00, effective rate 1.2759%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
TD Securities, Effective Rate 1.3088%
JPMorgan, Effective Rate 1.3356%
Oppenheimer, Effective Rate 1.3417%
Orchard Park Central School District
Jun 22, 2017 $1,387,735
Bond Anticipation Notes, 2017 A (bank qualified).
Dated Jul 6, 2017.
Due Jun 28, 2018.
Purchased $1,387,740.00 by JPMorgan Chase, at 1.385%, effective rate 1.385%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 1.42%
Oppenheimer, Effective Rate 1.4832%
M & T Bank, Effective Rate 2.24%
Penn Yan Central School District
Jun 22, 2017 $1,236,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Jul 7, 2017.
Due Jul 6, 2018.
Purchased $1,236,000.00 by Five Star Bnk, at 1.31%, effective rate 1.31%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 1.42%
JPMorgan Chase, Effective Rate 1.44%
Oppenheimer, Effective Rate 1.4995%
Roosevelt & Cross, Effective Rate 1.7887%
Phelps (Town)
Jun 22, 2017 $2,329,525
Bond Anticipation Notes, 2017 (New Issue) (bank qualified).
Dated Jul 6, 2017.
Due Jul 6, 2018.
Purchased $2,329,530.00 by Oppenheimer, at 2.25%, plus $16,860.00, effective rate 1.5263%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Jefferies, Effective Rate 1.6469%
Skaneateles Central School District
Jun 22, 2017 $6,363,299
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 6, 2017.
Due Jul 6, 2018.
Purchased $6,363,300.00 by Jefferies, at 2.25%, plus $62,490.00, effective rate 1.268%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.329%
Oppenheimer, Effective Rate 1.362%
JPMorgan Chase, Effective Rate 1.38%
Springville Village
Jun 22, 2017 $2,869,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 6, 2017.
Due Jul 5, 2018.
Purchased $2,869,000.00 by Bank of Greene Co, at 1.42%, effective rate 1.42%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.4883%
Jefferies, Effective Rate 1.4998%
M & T Bank, Effective Rate 2.24%
Stockbridge Central School District
Jun 22, 2017 $5,250,000
Bond Anticipation Notes, 2017 (bank qualified) (book entry).
Dated Jul 6, 2017.
Due Jul 6, 2018.
Purchased $5,250,000.00 by Jefferies, at 2.25%, plus $50,402.00, effective rate 1.29%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.29%
Oppenheimer, Effective Rate 1.3708%
JPMorgan Chase, Effective Rate 1.38%
Warwick Valley Central School District
Jun 22, 2017 $4,965,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Jul 6, 2017.
Due Jul 6, 2018.
Purchased $4,965,000.00 by Jefferies, at 2.25%, plus $48,410.00, effective rate 1.275%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.338%
JPMorgan Chase, Effective Rate 1.4%
TD Securities, Effective Rate 1.426%
OHIO
Cleveland Heights (City)
Jun 22, 2017 $5,970,000
General Obligation (Limited Tax) Building Improvement Bonds, Series 2017 (bank qualified) (book entry).
Dated Jul 20, 2017.
Due Dec 1, 2018 to 2037.
Callable Dec 1, 2027 at par.
Winning bid: Robert W. Baird, at 101.9711, TIC 2.8263%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 12/1/2018 | $155,000 | 3.00% | 1.05% | ||
| 12/1/2019 | $230,000 | 3.00% | 1.15% | ||
| 12/1/2020 | $240,000 | 3.00% | 1.25% | ||
| 12/1/2021 | $245,000 | 3.00% | 1.40% | ||
| 12/1/2022 | $255,000 | 3.00% | 1.55% | ||
| 12/1/2023 | $260,000 | 3.00% | 1.70% | ||
| 12/1/2024 | $270,000 | 3.00% | 1.85% | ||
| 12/1/2025 | $275,000 | 3.00% | 2.00% | ||
| 12/1/2026 | $285,000 | 3.00% | 2.10% | ||
| 12/1/2027 | $295,000 | 3.00% | 2.20% | ||
| 12/1/2028 | $300,000 | 3.00% | 2.35% | ||
| 12/1/2029 | $310,000 | 3.00% | 2.50% | ||
| 12/1/2030 | $320,000 | 3.00% | 2.60% | ||
| 12/1/2031 | $330,000 | 3.00% | 2.70% | ||
| 12/1/2032 | $340,000 | 3.00% | 2.80% | ||
| 12/1/2033 | $350,000 | 3.00% | 2.90% | ||
| 12/1/2034 | $360,000 | 3.00% | 3.00% | ||
| 12/1/2035 | $370,000 | 3.00% | 3.10% | ||
| 12/1/2036 | $380,000 | 3.13% | 3.20% | ||
| 12/1/2037 | $400,000 | 3.13% | 3.25% |
Other managers: CL King & Associates, Edward D. Jones & Co., Vining-Sparks IBG, Limited Partnership, Dougherty & Company LLC, Davenport & Company LLC, WNJ Capital, Ross, Sinclaire & Associates LLC, Crews & Associates, Inc., Duncan-Williams, Inc., SumRidge Partners, LLC, Alamo Capital, Sierra Pacific Securities, W.H. Mell Associates, Inc., Loop Capital Markets, LLC, Rafferty Capital Markets LLC, IFS Securities, First Empire Securities, Wayne Hummer & Co., FMSbonds, Inc., First Kentucky Securities Corp., Boenning & Scattergood, Inc., Isaak Bond Investments, Inc., Oppenheimer & Co., Inc..
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Northland Securities, TIC 2.8939%
Fifth Third Secs, TIC 2.9172%
OKLAHOMA
Grady County Independent School District No. 97 (Tuttle)
Jun 22, 2017 $2,425,000
Building Bonds of 2017 (bank qualified) (book entry).
Dated Aug 1, 2017.
Due Aug 1, 2019.
Non-callable.
Winning bid: First Bankers' Banc, at n/a, NIC 1.629%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 8/1/2019 | $2,425,000 | 1.65% | 1.45% |
L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Legacy Bank, NIC 1.6491%
BOK Fin Secs, NIC 1.7%
Baker Group, NIC 1.75%
UMB Bank, NIC 1.8535%
TEXAS
Guadalupe-Blanco River Authority
Jun 22, 2017 $7,745,000
Subordinate Lien Contract Revenue Refunding Bonds, Series 2017 (Regional Raw Water Delivery System Expansion Project) (book entry).
Dated Jun 15, 2017.
Due May 15, 2018 to 2039.
Callable May 15, 2027 at par.
Winning bid: Hilltop Securities, at 104.3750, TIC 2.9737%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 5/15/2018 | $290,000 | 2.00% | 0.95% | ||
| 5/15/2019 | $245,000 | 2.00% | 1.09% | ||
| 5/15/2020 | $250,000 | 3.00% | 1.19% | ||
| 5/15/2021 | $260,000 | 3.00% | 1.32% | ||
| 5/15/2022 | $270,000 | 3.00% | 1.44% | ||
| 5/15/2023 | $275,000 | 4.00% | 1.59% | ||
| 5/15/2024 | $290,000 | 4.00% | 1.72% | ||
| 5/15/2025 | $295,000 | 4.00% | 1.88% | ||
| 5/15/2026 | $310,000 | 4.00% | 2.07% | ||
| 5/15/2027 | $320,000 | 4.00% | 2.20% | ||
| 5/15/2028 | $330,000 | 4.00% | 2.43% | ||
| 5/15/2029 | $350,000 | 4.00% | 2.63% | ||
| 5/15/2030 | $360,000 | 4.00% | 2.78% | ||
| 5/15/2031 | $375,000 | 4.00% | 2.86% | ||
| 5/15/2032 | $395,000 | 4.00% | 2.94% | ||
| 5/15/2033 | $410,000 | 3.00% | 3.12% | ||
| 5/15/2034 | $420,000 | 3.00% | 3.19% | ||
| 5/15/2035 | $435,000 | 3.00% | 3.24% | ||
| 5/15/2036 | $445,000 | 3.13% | 3.27% | ||
| 5/15/2037 | $460,000 | 3.13% | 3.30% | ||
| 5/15/2039 | $960,000 | 3.13% | 3.34% |
L.O.: McCall Parkhurst & Horton, San Antonio, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX.
Other bidders were:
Hutchinson Shockey, TIC 3.07%
J.J.B. Hilliard, TIC 3.1303%
Sweeny Independent School District
Jun 22, 2017 $4,410,000
Unlimited Tax Refunding Bonds, Series 2017 (bank qualified) (book entry).
Dated Jun 1, 2017.
Due Aug 1, 2017 to 2027.
Non-callable.
Winning bid: Robert W. Baird, at 111.7812, TIC 2.0548%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 8/1/2017 | $70,000 | 4.00% | 0.90% | ||
| 8/1/2018 | $280,000 | 4.00% | 1.00% | ||
| 8/1/2019 | $290,000 | 4.00% | 1.15% | ||
| 8/1/2020 | $300,000 | 4.00% | 1.25% | ||
| 8/1/2021 | $310,000 | 4.00% | 1.35% | ||
| 8/1/2022 | $320,000 | 4.00% | 1.50% | ||
| 8/1/2023 | $335,000 | 4.00% | 1.65% | ||
| 8/1/2024 | $350,000 | 4.00% | 1.80% | ||
| 8/1/2025 | $360,000 | 4.00% | 2.00% | ||
| 8/1/2026 | $370,000 | 4.00% | 2.10% | ||
| 8/1/2027 | $1,425,000 | 4.00% | 2.20% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Dougherty & Company LLC, Ross, Sinclaire & Associates, Inc., WNJ Capital, Loop Capital Markets, LLC, Oppenheimer & Co., Inc., Duncan-Williams, Inc., Davenport & Company LLC, SumRidge Partners, LLC, Alamo Capital, Isaak Bond Investments, Inc., Country Club Bank, First Empire Securities, IFS Securities, UMB Bank, N.A.., Wedbush Securities Inc., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., Wayne Hummer & Co., George K. Baum & Co., Central States Capital Markets, LLC, FMSbonds, Inc., Midland Securities Ltd, Commerce Bank.
L.O.: Orrick, Herrignton & Sutcliffe, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, TIC 2.2251%
Stifel Nicolaus, TIC 2.2598%
Hilltop Securities, TIC 2.2779%
Raymond James, TIC 2.2945%
WISCONSIN
North Fond Du Lac School District
Jun 22, 2017 $19,505,000
General Obligation School Improvement Bonds (book entry).
Dated Jul 17, 2017.
Due Apr 1, 2018 to 2037.
Callable Apr 1, 2025 at par.
Winning bid: Piper Jaffray, at 102.3679, TIC 3.013%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 4/1/2018 | $1,185,000 | 3.00% | 1.00% | ||
| 4/1/2019 | $1,050,000 | 3.00% | 1.15% | ||
| 4/1/2020 | $1,015,000 | 3.00% | 1.23% | ||
| 4/1/2021 | $1,040,000 | 3.00% | 1.32% | ||
| 4/1/2022 | $1,090,000 | 4.00% | 1.45% | ||
| 4/1/2023 | $1,145,000 | 4.00% | 1.64% | ||
| 4/1/2024 | $1,190,000 | 4.00% | 1.79% | ||
| 4/1/2025 | $1,240,000 | 4.00% | 1.97% | ||
| 4/1/2026 | $1,285,000 | 3.00% | 2.19% | ||
| 4/1/2027 | $1,325,000 | 3.00% | 2.34% | ||
| 4/1/2028 | $860,000 | 3.00% | 2.50% | ||
| 4/1/2034 | $1,685,000 | 3.13% | 3.28% | AGM | |
| 4/1/2035 | $1,740,000 | 3.25% | 3.34% | AGM | |
| 4/1/2036 | $1,800,000 | 3.25% | 3.38% | AGM | |
| 4/1/2037 | $1,855,000 | 3.25% | 3.40% | AGM |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Hutchinson Shockey, TIC 3.0703%
Raymond James, TIC 3.124%
JPMorgan, TIC 3.1609%
TAXABLE ISSUES
ILLINOIS
Carbondale Park District
Jun 22, 2017 $500,000
Taxable General Obligation Limited Tax Park Bonds, Series 2017A.
Dated Jul 10, 2017.
Due Dec 15, 2018 to 2024.
Non-callable.
Winning bid: First Mid ILL Bank, at n/a, TIC 3.7034%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 12/15/2018 | $60,000 | 3.10% | NRO | ||
| 12/15/2019 | $67,000 | 3.25% | NRO | ||
| 12/15/2020 | $70,000 | 3.40% | NRO | ||
| 12/15/2021 | $72,000 | 3.55% | NRO | ||
| 12/15/2022 | $74,000 | 3.70% | NRO | ||
| 12/15/2023 | $77,000 | 3.85% | NRO | ||
| 12/15/2024 | $80,000 | 4.00% | NRO |
L.O.: Taft, Stettinius & Hollister LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
First Southern Secs, TIC 3.9521%
MASSACHUSETTS
Gloucester (City)
Jun 22, 2017 $1,000,000
General Obligation Taxable Bond Anticipation Notes Series A (Subject to Federal and Massachusetts Income Taxation) (new money).
Dated Jun 30, 2017.
Due Feb 8, 2018.
Purchased $1,000,000.00 by Eastern Bk Cap Mkts, at 1.75%, plus $66.51, effective rate 1.739%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Century Bk, Effective Rate 1.75%
Roosevelt & Cross, Effective Rate 1.9904%
Oppenheimer, Effective Rate 1.9997%
Holyoke (City)
Jun 22, 2017 $2,175,000
General Obligation Taxable Bond Anticipation Notes Series A (Subject to Federal and Masasachusetts Income Taxation) (renewal and new money).
Dated Jun 30, 2017.
Due Sep 29, 2017.
Purchased $1,000,000.00 by Century Bk, at 1.5%, effective rate 1.5%.
Purchased $1,175,000.00 by Eastern Bk Cap Mkts, at 1.8%, plus $69.90, effective rate 1.787%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.787%
People's Bank, Effective Rate 1.94%
Oppenheimer, Effective Rate 1.9996%
NEW YORK
New York City Transitional Finance Authority
Jun 21, 2017 $60,860,000
Future Tax Secured Taxable Subordinate Bonds, Fiscal 2017, Subseries F-3 (book entry).
Dated Jun 29, 2017.
Due May 1, 2028 to 2029.
Callable May 1, 2027 at par.
Winning bid: JPMorgan, at 99.5770, TIC 3.2079%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 5/1/2028 | $29,825,000 | 3.11% | 3.11% | ||
| 5/1/2029 | $31,035,000 | 3.21% | 3.21% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
Citigroup, TIC 3.2426%
Jefferies, TIC 3.253%
RBC Capital Mkts, TIC 3.2705%
Goldman Sachs, TIC 3.2707%
Barclays Capital, TIC 3.278%
FTN Fin Cap Mkts, TIC 3.2819%
Morgan Stanley, TIC 3.2942%
BA Merrill Lynch, TIC 3.3665%
New York City Transitional Finance Authority
Jun 21, 2017 $189,140,000
Future Tax Secured Taxable Subordinate Bonds, Fiscal 2017, Subseries F-2 (book entry).
Dated Jun 29, 2017.
Due May 1, 2020 to 2027.
Non-callable.
Winning bid: JPMorgan, at 99.5519, TIC 2.8071%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 5/1/2020 | $11,730,000 | 1.96% | 1.96% | ||
| 5/1/2021 | $19,860,000 | 2.06% | 2.06% | ||
| 5/1/2022 | $24,050,000 | 2.38% | 2.38% | ||
| 5/1/2023 | $24,830,000 | 2.53% | 2.53% | ||
| 5/1/2024 | $25,690,000 | 2.75% | 2.75% | ||
| 5/1/2025 | $26,635,000 | 2.85% | 2.85% | ||
| 5/1/2026 | $27,640,000 | 2.90% | 2.97% | ||
| 5/1/2027 | $28,705,000 | 3.05% | 3.07% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Public Resources Advisory Group, New York, NY; and Acacia Financial Group, Inc., New York, NY.
Other bidders were:
Goldman Sachs, TIC 2.8239%
Citigroup, TIC 2.8243%
Barclays Capital, TIC 2.8367%
RBC Capital Mkts, TIC 2.8487%
Jefferies, TIC 2.8596%
Morgan Stanley, TIC 2.8865%
BA Merrill Lynch, TIC 2.9552%
SOUTH CAROLINA
Beaufort County
Jun 22, 2017 $30,250,000
General Obligation Bond Anticipation Notes, Taxable Series 2017 (book entry).
Dated Jun 29, 2017.
Due Jun 29, 2018.
Purchased $30,250,000.00 by Wells Fargo Secs, at 1.4%, plus $302.50, effective rate 1.3941%.
L.O.: McNair Law Firm, Columbia, SC.
F.A.: Hilltop Securities Inc, Charlotte, NC; Hilltop Securities Inc., Boston, MA; First Southwest Company, Charlotte, NC; and First Southwest Company, Boston, MA.
Other bidders were:
JPMorgan, Effective Rate 1.7111%
BA Merrill Lynch, Effective Rate 1.7967%