ARKANSAS
Benton School District No. 8 of Saline County
Jun 28, 2017 $28,145,000
Refunding Bonds (Arkansas State School District Credit Enhancement Program) (book entry).
Dated Jul 20, 2017.
Due Feb 1, 2018 to 2040.
Callable Aug 1, 2022 at par.
Winning bid: Hutchinson Shockey, at 98.6105, TIC 3.2931%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 2/1/2018 | $240,000 | 2.00% | 1.10% | ||
| 2/1/2019 | $910,000 | 2.00% | 1.25% | ||
| 2/1/2020 | $930,000 | 2.00% | 1.40% | ||
| 2/1/2021 | $960,000 | 2.25% | 1.55% | ||
| 2/1/2022 | $980,000 | 2.50% | 1.70% | ||
| 2/1/2023 | $1,010,000 | 3.00% | 1.85% | ||
| 2/1/2024 | $1,045,000 | 3.00% | 2.00% | ||
| 2/1/2025 | $1,080,000 | 3.00% | 2.15% | ||
| 2/1/2026 | $1,115,000 | 3.00% | 2.35% | ||
| 2/1/2027 | $1,150,000 | 3.00% | 2.50% | ||
| 2/1/2028 | $1,185,000 | 3.00% | 2.70% | ||
| 2/1/2031 | $3,790,000 | 3.13% | 3.00% | ||
| 2/1/2032 | $1,340,000 | 3.13% | 3.20% | ||
| 2/1/2033 | $1,385,000 | 3.13% | 3.25% | ||
| 2/1/2034 | $1,430,000 | 3.13% | 3.30% | ||
| 2/1/2035 | $1,475,000 | 3.13% | 3.35% | ||
| 2/1/2037 | $3,090,000 | 3.25% | 3.45% | ||
| 2/1/2040 | $5,030,000 | 3.38% | 3.63% |
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: Stephens Inc., Little Rock, AR.
Other bidders were:
BA Merrill Lynch, TIC 3.3092%
Robert W. Baird, TIC 3.3697%
Wells Fargo Secs, TIC 3.471%
Morgan Stanley, TIC 3.5384%
CALIFORNIA
Los Angeles (City)
Jun 27, 2017 $81,895,000
General Obligation Refunding Bonds, Series 2017-B (Tax-Exempt) (book entry).
Dated Jul 13, 2017.
Due Sep 1, 2018 to 2027.
Non-callable.
Winning bid: Wells Fargo Secs, at 115.0693, TIC 1.406%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 9/1/2018 | $13,980,000 | 5.00% | 0.82% | ||
| 9/1/2019 | $14,495,000 | 5.00% | 0.94% | ||
| 9/1/2020 | $11,460,000 | 5.00% | 1.02% | ||
| 9/1/2021 | $7,035,000 | 5.00% | 1.12% | ||
| 9/1/2022 | $7,025,000 | 5.00% | 1.23% | ||
| 9/1/2023 | $6,985,000 | 5.00% | 1.35% | ||
| 9/1/2024 | $6,945,000 | 5.00% | 1.47% | ||
| 9/1/2025 | $6,900,000 | 5.00% | 1.62% | ||
| 9/1/2026 | $6,845,000 | 5.00% | 1.75% | ||
| 9/1/2027 | $225,000 | 5.00% | 1.85% |
L.O.: Nixon Peabody LLP, Los Angeles, CA.
F.A.: Public Resources Advisory Group, Los Angeles, CA; Omnicap Group LLC, El Segundo, CA; and Omnicap Group LLC, Hermosa Beach, CA.
Other bidders were:
RBC Capital Mkts, TIC 1.4366%
BA Merrill Lynch, TIC 1.4474%
Stifel Nicolaus, TIC 1.4495%
Goldman Sachs, TIC 1.4542%
Morgan Stanley, TIC 1.4692%
Raymond James, TIC 1.4693%
Citigroup, TIC 1.4729%
JPMorgan, TIC 1.4824%
US Bancorp Invest, TIC 1.485%
Mesirow Financial, TIC 1.4946%
TD Securities, TIC 1.4971%
Barclays Capital, TIC 1.5004%
FTN Fin Cap Mkts, TIC 1.5406%
INDIANA
East Noble School Corporation
Jun 28, 2017 $2,000,000
General Obligation Bonds of 2017 (bank qualified) (book entry).
Dated Jul 18, 2017.
Due Jul 15, 2018 to Jan 15, 2019.
Non-callable.
Winning bid: Oppenheimer, at 101.3269, NIC 1.4346%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/15/2018 | $985,000 | 2.50% | 1.10% | 20-Jan | |
| 1/15/2019 | $1,015,000 | 2.50% | 1.25% | 0.1 |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
Stifel Nicolaus, NIC 1.6954%
J.J.B. Hilliard, NIC 1.7219%
KANSAS
Park City (City)
Jun 27, 2017 $886,000
General Obligation Temporary Notes, Series 2017-1 (bank qualified) (book entry).
Dated Jul 12, 2017.
Due Jan 15, 2020.
Callable Jul 15, 2018 at par.
Winning bid: Cooper Malone, at n/a, TIC 1.7718%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 1/15/2020 | $886,000 | 1.85% | 1.50% |
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Ranson Financial Consultants, L.L.C., Wichita, KS.
Other bidders were:
Commerce Bank, TIC 1.9237%
D.A. Davidson, TIC 2.0727%
KENTUCKY
Franklin County School District Finance Corporation
Jun 28, 2017 $16,180,000
School Building Revenue Bonds, Series of 2017 (Kentucky State School District Credit Enhancement Program) (book entry).
Dated Jul 19, 2017.
Due Aug 1, 2018 to 2037.
Callable Aug 1, 2027 at par.
Winning bid: Robert W. Baird, at 98.3319, NIC 3.2152%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 8/1/2018 | $370,000 | 2.00% | 1.20% | ||
| 8/1/2019 | $375,000 | 2.00% | 1.30% | ||
| 8/1/2020 | $380,000 | 2.00% | 1.40% | ||
| 8/1/2021 | $385,000 | 2.00% | 1.50% | ||
| 8/1/2022 | $345,000 | 3.00% | 1.70% | ||
| 8/1/2023 | $290,000 | 3.00% | 1.85% | ||
| 8/1/2024 | $180,000 | 3.00% | 2.10% | ||
| 8/1/2025 | $140,000 | 3.00% | 2.30% | ||
| 8/1/2026 | $100,000 | 3.00% | 2.50% | ||
| 8/1/2027 | $655,000 | 3.00% | 2.60% | ||
| 8/1/2029 | $1,360,000 | 3.00% | 3.00% | ||
| 8/1/2030 | $1,330,000 | 3.00% | 3.10% | ||
| 8/1/2031 | $1,330,000 | 3.00% | 3.15% | ||
| 8/1/2032 | $1,355,000 | 3.00% | 3.20% | ||
| 8/1/2033 | $1,410,000 | 3.00% | 3.25% | ||
| 8/1/2034 | $1,430,000 | 3.13% | 3.30% | ||
| 8/1/2035 | $1,550,000 | 3.25% | 3.35% | ||
| 8/1/2036 | $1,570,000 | 3.25% | 3.38% | ||
| 8/1/2037 | $1,625,000 | 3.25% | 3.40% |
Other managers: Ross, Sinclaire & Associates LLC, Duncan-Williams, Inc., CL King & Associates, Edward Jones, Crews & Associates, Inc., WNJ Capital, Davenport & Company LLC, SAMCO Capital Markets, FTN Financial Capital Markets, Vining-Sparks IBG, Limited Partnership, Isaak Bond Investments, Inc., Oppenheimer & Co., Inc., Dougherty & Company LLC, First Kentucky Securities Corp., UMB Bank, N.A.., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Loop Capital Markets, LLC, IFS Securities, Sierra Pacific Securities, Alamo Capital, PNC Capital Markets, Wedbush Securities Inc., Bank of New York Mellon Capital Markets, LLC, First Empire Securities, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, Stifel, Nicolaus & Co., Inc., Wayne Hummer & Co., Midland Securities Ltd, FMSbonds, Inc., Wells Nelson & Associates, LLC, KeyBanc Capital Markets.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY; and Ross, Sinclaire & Associates LLC, Louisville, KY.
Other bidders were:
J.J.B. Hilliard, NIC 3.2259%
Hutchinson Shockey, NIC 3.3423%
Fidelity Capital, NIC 3.517%
MASSACHUSETTS
Burlington (Town)
Jun 28, 2017 $13,750,000
General Obligation Bond Anticipation Notes, Series B.
Dated Jul 21, 2017.
Due Jul 20, 2018.
Purchased $13,750,000.00 by JPMorgan, at 2.0%, plus $135,437.50, effective rate 1.0123%.
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 1.0353%
Jefferies, Effective Rate 1.0547%
TD Securities, Effective Rate 1.0604%
Oppenheimer, Effective Rate 1.0994%
Eastern Bk Cap Mkts, Effective Rate 1.1607%
Century Bk, Effective Rate 1.2844%
Rowley (Town)
Jun 28, 2017 $400,000
General Obligation Bond Anticipation Notes (new money) (bank qualified).
Dated Jun 30, 2017.
Due Sep 29, 2017.
Purchased $400,000.00 by Century Bk, at 1.2%, effective rate 1.2%.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
UniBank Fiscal Adv, Effective Rate 1.45%
Eastern Bk Cap Mkts, Effective Rate 1.6%
Tyngsborough (Town)
Jun 28, 2017 $3,955,000
General Obligation Bond Anticipation Notes (renewal) (bank qualified).
Dated Jul 14, 2017.
Due Oct 20, 2017.
Purchased $3,955,000.00 by Eastern Bk Cap Mkts, at 1.25%, plus $1,146.95, effective rate 1.1413%.
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 1.2%
Jefferies, Effective Rate 1.2262%
Oppenheimer, Effective Rate 1.445%
MINNESOTA
Glyndon (City)
Jun 28, 2017 $3,305,000
General Obligation Improvement Bonds, Series 2017A (bank qualified) (book entry).
Dated Jul 1, 2017.
Due Feb 1, 2020 to 2039.
Callable Feb 1, 2023 at par.
Winning bid: Northland Securities, at 99.2591, NIC 3.0456%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 2/1/2020 | $135,000 | 2.00% | 1.30% | ||
| 2/1/2021 | $135,000 | 2.00% | 1.40% | ||
| 2/1/2022 | $140,000 | 2.00% | 1.55% | ||
| 2/1/2023 | $140,000 | 2.00% | 1.75% | ||
| 2/1/2024 | $145,000 | 2.00% | 1.88% | ||
| 2/1/2025 | $145,000 | 2.00% | 2.00% | ||
| 2/1/2026 | $150,000 | 2.13% | 2.13% | ||
| 2/1/2028 | $305,000 | 2.50% | 2.50% | ||
| 2/1/2030 | $325,000 | 3.00% | 2.50% | ||
| 2/1/2031 | $165,000 | 3.00% | 2.60% | ||
| 2/1/2032 | $170,000 | 3.00% | 2.70% | ||
| 2/1/2034 | $355,000 | 3.00% | 3.00% | ||
| 2/1/2036 | $380,000 | 3.25% | 3.25% | ||
| 2/1/2039 | $615,000 | 3.38% | 3.38% |
Other managers: United Banker's Bank.
L.O.: Arntson Stewart Wegner PC, Fargo, ND.
F.A.: David Drown Associates, Minneapolis, MN.
Other bidders were:
Robert W. Baird, NIC 3.1531%
Piper Jaffray, NIC 3.1838%
NEW JERSEY
Hardwick Township
Jun 28, 2017 $420,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jul 7, 2017.
Due May 1, 2018.
Purchased $420,000.00 by Lakeland Bank, at 1.87%, effective rate 1.87%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.9952%
Netcong Borough
Jun 28, 2017 $915,495
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jul 14, 2017.
Due Jul 13, 2018.
Purchased $915,500.00 by TBGC Investment Corp, at 1.82%, effective rate 1.82%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.9879%
Oceanport Borough
Jun 28, 2017 $6,518,319
$6,518,319 Notes Consisting of $6,386,319 Bond Anticipation Notes and $132,000 Special Emergency Notes (bank qualified).
Dated Jul 7, 2017.
Due Jun 29, 2018.
Purchased $6,518,320.00 by TD Securities, at 2.0%, plus $43,346.82, effective rate 1.3199%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
Oppenheimer, Effective Rate 1.486%
Jefferies, Effective Rate 1.5515%
Pitman Borough
Jun 28, 2017 $4,109,000
$4,109,000 General Obligation Bonds, Series 2017 Consisting of $2,437,000 General Improvement Bonds $1,672,000 Water & Sewer Utility Bonds (bank qualified) (book entry).
Dated Jul 12, 2017.
Due Jul 1, 2018 to 2030.
Callable Jul 1, 2025 at par.
Winning bid: Robert W. Baird, at 100.0000, NIC 2.5624%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/1/2018 | $194,000 | 2.00% | 1.05% | ||
| 7/1/2019 | $285,000 | 2.00% | 1.15% | ||
| 7/1/2020 | $290,000 | 2.00% | 1.30% | ||
| 7/1/2021 | $290,000 | 2.00% | 1.45% | ||
| 7/1/2022 | $300,000 | 2.00% | 1.60% | ||
| 7/1/2023 | $305,000 | 2.00% | 1.80% | ||
| 7/1/2024 | $305,000 | 2.00% | 2.00% | ||
| 7/1/2025 | $315,000 | 2.25% | 2.15% | ||
| 7/1/2026 | $335,000 | 2.50% | 2.30% | ||
| 7/1/2027 | $350,000 | 2.75% | 2.45% | ||
| 7/1/2028 | $380,000 | 2.75% | 2.60% | ||
| 7/1/2029 | $380,000 | 3.00% | 2.65% | ||
| 7/1/2030 | $380,000 | 3.00% | 2.75% |
Other managers: CL King & Associates, WNJ Capital, Vining-Sparks IBG, Limited Partnership, SumRidge Partners, LLC, Crews & Associates, Inc., Eastern Bank Capital Markets, Loop Capital Markets, LLC, Isaak Bond Investments, Inc., Davenport & Company LLC, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, Alamo Capital, First Empire Securities, Wayne Hummer & Co., IFS Securities, Sierra Pacific Securities, FMSbonds, Inc., Midland Securities Ltd.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
UBS Financial Svcs, NIC 2.6732%
South Plainfield Borough Board of Education
Jun 28, 2017 $4,000,000
Temporary Notes (bank qualified).
Dated Jul 11, 2017.
Due Mar 8, 2018.
Purchased $4,000,000.00 by Jefferies, at 2.0%, plus $13,321.00, effective rate 1.4941%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 1.5634%
Investors Bank, Effective Rate 1.7%
Verona Township
Jun 28, 2017 $16,031,000
General Obligation Bonds: $14,355,000 General Improvement, $1,505,000 Water and Sewer Utility and $171,000 Pool Utility (book entry).
Dated Jul 20, 2017.
Due Feb 15, 2018 to 2033.
Callable Feb 15, 2026 at par.
Winning bid: UBS Financial Svcs, at 101.9469, NIC 2.7%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 2/15/2018 | $631,000 | 2.00% | 0.90% | ||
| 2/15/2019 | $635,000 | 2.00% | 1.00% | ||
| 2/15/2020 | $635,000 | 2.00% | 1.18% | ||
| 2/15/2021 | $970,000 | 2.00% | 1.30% | ||
| 2/15/2022 | $990,000 | 2.00% | 1.50% | ||
| 2/15/2023 | $1,010,000 | 3.00% | 1.74% | ||
| 2/15/2024 | $1,040,000 | 3.00% | 1.86% | ||
| 2/15/2025 | $1,060,000 | 3.00% | 2.00% | ||
| 2/15/2026 | $1,090,000 | 3.00% | 2.18% | ||
| 2/15/2027 | $1,120,000 | 3.00% | 2.40% | ||
| 2/15/2028 | $1,150,000 | 3.00% | 2.55% | ||
| 2/15/2029 | $1,190,000 | 3.00% | 2.70% | ||
| 2/15/2030 | $1,200,000 | 3.00% | 2.80% | ||
| 2/15/2031 | $1,190,000 | 3.00% | 2.90% | ||
| 2/15/2032 | $1,060,000 | 3.00% | 3.00% | ||
| 2/15/2033 | $1,060,000 | 3.00% | 3.05% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Ross, Sinclaire & Associates LLC, Stifel, Nicolaus & Co., Inc., Edward Jones, Citigroup Global Markets, Inc., Intercoastal Capital Markets, Inc., Bank of New York Mellon Capital Markets, LLC, Oppenheimer & Co., Inc..
In association with: Wiley Bros.-Aintree Capital LLC., R. Seelaus & Co., Inc..
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Acacia Financial Group, Inc., Marlton, NJ.
Other bidders were:
BA Merrill Lynch, NIC 2.7349%
Robert W. Baird, NIC 2.7992%
Morgan Stanley, NIC 2.8392%
Wayne Township
Jun 28, 2017 $18,405,000
Bond Anticipation Notes, Series 2017: $12,784,192 General Improvement and $5,620,808 Water/Sewer Utility (book entry).
Dated Jul 13, 2017.
Due Jul 13, 2018.
Purchased $18,405,000.00 by TD Securities, at 2.0%, plus $163,988.50, effective rate 1.109%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
Jefferies, Effective Rate 1.16%
Oppenheimer, Effective Rate 1.223%
NEW YORK
Amenia (Town)
Jun 28, 2017 $1,087,700
Bond Anticipation Notes, 2017 (Renewal) (bank qualified).
Dated Jul 13, 2017.
Due Jul 13, 2018.
Purchased $1,087,700.00 by Bank of Millbrook, at 1.35%, effective rate 1.35%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 1.58%
Roosevelt & Cross, Effective Rate 1.7487%
Oppenheimer, Effective Rate 1.922%
M & T Bank, Effective Rate 2.39%
Barre (Town)
Jun 28, 2017 $604,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 12, 2017.
Due Jul 11, 2018.
Purchased $604,000.00 by Bank of Greene Co, at 1.89%, effective rate 1.89%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Five Star Bnk, Effective Rate 1.96%
Roosevelt & Cross, Effective Rate 2.177%
Oppenheimer, Effective Rate 2.354%
Cincinnatus Central School District
Jun 28, 2017 $8,340,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Jul 12, 2017.
Due Jul 12, 2018.
Purchased $8,340,000.00 by Jefferies, at 2.25%, plus $77,981.00, effective rate 1.315%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.351%
NBT Bank, Effective Rate 1.39%
Cortlandville (Town)
Jun 28, 2017 $1,675,000
Public Improvement Serial Bonds-2017 (bank qualified) (book entry).
Dated Jul 6, 2017.
Due Jul 1, 2018 to 2032.
Callable Jul 1, 2025 at par.
Winning bid: Robert W. Baird, at n/a, NIC 2.4944%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/1/2018 | $95,000 | 2.00% | 0.90% | ||
| 7/1/2019 | $95,000 | 2.00% | 1.05% | ||
| 7/1/2020 | $100,000 | 2.00% | 1.15% | ||
| 7/1/2021 | $100,000 | 2.00% | 1.25% | ||
| 7/1/2022 | $100,000 | 2.00% | 1.35% | ||
| 7/1/2023 | $105,000 | 2.00% | 1.50% | ||
| 7/1/2024 | $110,000 | 2.00% | 1.65% | ||
| 7/1/2025 | $110,000 | 2.00% | 1.80% | ||
| 7/1/2026 | $115,000 | 2.25% | 2.00% | ||
| 7/1/2027 | $115,000 | 2.50% | 2.15% | ||
| 7/1/2028 | $120,000 | 2.75% | 2.30% | ||
| 7/1/2029 | $120,000 | 3.00% | 2.45% | ||
| 7/1/2030 | $125,000 | 3.00% | 2.60% | ||
| 7/1/2031 | $130,000 | 3.00% | 2.75% | ||
| 7/1/2032 | $135,000 | 3.00% | 2.90% |
Other managers: CL King & Associates, WNJ Capital, Eastern Bank Capital Markets, SumRidge Partners, LLC, Crews & Associates, Inc., Loop Capital Markets, LLC, Wayne Hummer & Co., Duncan-Williams, Inc., Sierra Pacific Securities, Alamo Capital, Davenport & Company LLC, W.H. Mell Associates, Inc., Rafferty Capital Markets LLC, IFS Securities, FMSbonds, Inc., Midland Securities Ltd.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 2.5194%
Raymond James, NIC 2.6529%
DeRuyter Central School District
Jun 28, 2017 $602,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 13, 2017.
Due Jul 13, 2018.
Purchased $602,000.00 by Roosevelt & Cross, at 2.25%, plus $3,191.00, effective rate 1.7199%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Erie #2 Board of Cooperative Education
Jun 28, 2017 $7,000,000
Revenue Anticipation Notes, 2017 (New Issue) (bank qualified).
Dated Jul 17, 2017.
Due Jun 29, 2018.
Purchased $7,000,000.00 by Oppenheimer, at 2.25%, plus $55,090.00, effective rate 1.4216%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Jefferies, Effective Rate 1.4246%
JPMorgan Chase, Effective Rate 1.428%
TD Securities, Effective Rate 1.4295%
Manu & Traders Trust, Effective Rate 2.01%
Fairport Central School District
Jun 28, 2017 $23,725,000
Bond Anticipation Notes, 2017.
Dated Jul 13, 2017.
Due Jul 13, 2018.
Purchased $23,725,000.00 by JPMorgan, at 2.5%, plus $318,864.00, effective rate 1.156%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 1.169%
Jefferies, Effective Rate 1.205%
Oppenheimer, Effective Rate 1.248%
Fayetteville-Manlius Central School District
Jun 28, 2017 $1,171,795
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 21, 2017.
Due Jul 20, 2018.
Purchased $1,171,800.00 by JPMorgan Chase, at 1.41%, effective rate 1.41%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 1.58%
Oppenheimer, Effective Rate 1.5868%
Roosevelt & Cross, Effective Rate 1.6995%
Lackawanna City School District
Jun 28, 2017 $7,600,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 11, 2017.
Due Nov 15, 2017.
Purchased $7,600,000.00 by Jefferies, at 1.5%, plus $5,247.00, effective rate 1.2996%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.314%
Oppenheimer, Effective Rate 1.5872%
New Rochelle City School District
Jun 28, 2017 $1,225,369
Bond Anticipation Notes, 2017 Series B (book entry).
Dated Jul 13, 2017.
Due Jul 13, 2018.
Purchased $1,225,370.00 by Sterling Natl Bk, at 1.24%, effective rate 1.24%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
JPMorgan, Effective Rate 1.263%
Oppenheimer, Effective Rate 1.4018%
JPMorgan Chase, Effective Rate 1.49%
Jefferies, Effective Rate 1.5269%
New Rochelle City School District
Jun 28, 2017 $38,000,000
Bond Anticipation Notes, 2017 Series A (book entry).
Dated Jul 13, 2017.
Due Jul 13, 2018.
Purchased $38,000,000.00 by TD Securities, at 2.5%, plus $500,650.00, effective rate 1.1825%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
JPMorgan, Effective Rate 1.203%
Oppenheimer, Effective Rate 1.238%
Jefferies, Effective Rate 1.243%
Oceanside Union Free School District
Jun 27, 2017 $7,500,000
School District Serial Bonds - 2017 (book entry).
Dated Jul 6, 2017.
Due Jul 1, 2018 to 2032.
Callable Jul 1, 2025 at par.
Winning bid: BA Merrill Lynch, at 100.0000, TIC 2.3398%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/1/2018 | $375,000 | 2.00% | 0.87% | ||
| 7/1/2019 | $450,000 | 2.00% | 1.02% | ||
| 7/1/2020 | $460,000 | 2.00% | 1.12% | ||
| 7/1/2021 | $465,000 | 2.00% | 1.22% | ||
| 7/1/2022 | $470,000 | 2.00% | 1.35% | ||
| 7/1/2023 | $480,000 | 2.00% | 1.49% | ||
| 7/1/2024 | $485,000 | 2.00% | 1.60% | ||
| 7/1/2025 | $495,000 | 2.00% | 1.76% | ||
| 7/1/2026 | $505,000 | 2.00% | 1.94% | ||
| 7/1/2027 | $520,000 | 2.00% | 2.06% | ||
| 7/1/2028 | $530,000 | 2.25% | 2.27% | ||
| 7/1/2029 | $545,000 | 2.38% | 2.52% | ||
| 7/1/2030 | $555,000 | 2.50% | 2.70% | ||
| 7/1/2031 | $575,000 | 2.75% | 2.82% | ||
| 7/1/2032 | $590,000 | 3.00% | 2.89% |
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Robert W. Baird, TIC 2.4661%
JPMorgan, TIC 2.4898%
Roosevelt & Cross, TIC 2.5084%
Raymond James, TIC 2.5254%
Rye City School District
Jun 28, 2017 $1,800,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Jul 6, 2017.
Due Jul 6, 2018.
Purchased $1,800,000.00 by Oppenheimer, at 2.25%, plus $16,780.00, effective rate 1.3178%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.41%
Jefferies, Effective Rate 1.4569%
Roosevelt & Cross, Effective Rate 1.561%
Bank of Greene Co, Effective Rate 1.58%
Watertown City School District
Jun 28, 2017 $12,572,147
Bond Anticipation Notes, 2017.
Dated Jul 13, 2017.
Due Jul 13, 2018.
Purchased $12,752,150.00 by TD Securities, at 2.5%, plus $156,397.50, effective rate 1.256%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.257%
JPMorgan, Effective Rate 1.266%
Oppenheimer, Effective Rate 1.2723%
JPMorgan Chase, Effective Rate 1.43%
West Seneca Fire District No. 2
Jun 28, 2017 $8,000,000
Bond Anticipation Notes-2017B (bank qualified).
Dated Jul 11, 2017.
Due Jul 11, 2018.
Purchased $8,000,000.00 by Oppenheimer, at 2.25%, plus $65,155.00, effective rate 1.4356%.
L.O.: Harris, Beach LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Jefferies, Effective Rate 1.515%
Williamsville Village
Jun 28, 2017 $799,000
Bond Anticipaiton Notes, 2017 (bank qualified).
Dated Jul 12, 2017.
Due Jul 12, 2018.
Purchased $799,000.00 by Bank of Greene Co, at 1.58%, effective rate 1.58%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
JPMorgan Chase, Effective Rate 1.601%
Roosevelt & Cross, Effective Rate 1.66%
Oppenheimer, Effective Rate 1.6858%
RHODE ISLAND
Westerly (Town)
Jun 28, 2017 $3,890,000
General Obligation Refunding Bonds, 2017 Series A (bank qualified) (book entry).
Dated Jul 19, 2017.
Due Sep 15, 2018 to 2027.
Non-callable.
Winning bid: Robert W. Baird, at 108.9190, TIC 1.7371%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 9/15/2018 | $410,000 | 2.00% | 0.95% | ||
| 9/15/2019 | $410,000 | 4.00% | 1.05% | ||
| 9/15/2020 | $405,000 | 3.00% | 1.15% | ||
| 9/15/2021 | $405,000 | 4.00% | 1.25% | ||
| 9/15/2022 | $405,000 | 4.00% | 1.35% | ||
| 9/15/2023 | $380,000 | 2.00% | 1.45% | ||
| 9/15/2024 | $375,000 | 2.00% | 1.60% | ||
| 9/15/2025 | $370,000 | 4.00% | 1.75% | ||
| 9/15/2026 | $365,000 | 4.00% | 1.90% | ||
| 9/15/2027 | $365,000 | 4.00% | 2.05% |
Other managers: Eastern Bank Capital Markets, Ross, Sinclaire & Associates LLC, CL King & Associates, Vining-Sparks IBG, Limited Partnership, Oppenheimer & Co., Inc., Loop Capital Markets, LLC, WNJ Capital, Crews & Associates, Inc., Sierra Pacific Securities, Duncan-Williams, Inc., R. Seelaus & Co., Inc., Alamo Capital, SumRidge Partners, LLC, Rafferty Capital Markets LLC, Wayne Hummer & Co., IFS Securities, FMSbonds, Inc., Midland Securities Ltd.
L.O.: Moses Afonso Ryan Ltd., Providence, RI.
F.A.: PFM Financial Advisors LLC, Providence, RI.
Other bidders were:
Roosevelt & Cross, TIC 1.7936%
BOK Fin Secs, TIC 1.9526%
Raymond James, TIC 2.1294%
TENNESSEE
Monroe County
Jun 28, 2017 $9,725,000
General Obligation Refunding Bonds, Series 2017 (bank qualified) (book entry).
Dated Jul 28, 2017.
Due Jun 1, 2019 to 2038.
Callable Jun 1, 2024 at par.
Winning bid: FTN Fin Cap Mkts, at 100.0370, TIC 2.9934%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2019 | $25,000 | 3.00% | 1.05% | ||
| 6/1/2020 | $25,000 | 3.00% | 1.20% | ||
| 6/1/2021 | $175,000 | 3.00% | 1.25% | ||
| 6/1/2022 | $175,000 | 3.00% | 1.35% | ||
| 6/1/2023 | $200,000 | 3.00% | 1.50% | ||
| 6/1/2024 | $245,000 | 3.00% | 1.65% | ||
| 6/1/2025 | $240,000 | 2.50% | 1.80% | ||
| 6/1/2026 | $235,000 | 2.50% | 2.00% | ||
| 6/1/2027 | $230,000 | 2.50% | 2.10% | ||
| 6/1/2028 | $225,000 | 2.50% | 2.20% | ||
| 6/1/2029 | $225,000 | 2.75% | 2.30% | ||
| 6/1/2030 | $220,000 | 2.75% | 2.35% | ||
| 6/1/2031 | $290,000 | 2.75% | 2.40% | ||
| 6/1/2032 | $285,000 | 2.75% | 2.50% | ||
| 6/1/2033 | $285,000 | 3.00% | 2.60% | ||
| 6/1/2034 | $980,000 | 3.00% | 2.75% | ||
| 6/1/2035 | $965,000 | 3.00% | 2.90% | ||
| 6/1/2036 | $1,455,000 | 3.00% | 3.00% | ||
| 6/1/2037 | $1,635,000 | 3.00% | 3.14% | ||
| 6/1/2038 | $1,610,000 | 3.25% | 3.15% |
L.O.: Bass, Berry & Sims PLC, Knoxville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Raymond James, TIC 3.0678%
Wells Fargo Secs, TIC 3.068%
SunTrust Robinson, TIC 3.071%
Robert W. Baird, TIC 3.1898%
TEXAS
Alamo Heights Independent School District
Jun 27, 2017 $15,000,000
Unlimited Tax School Building Bonds, Series 2017 (book entry).
Dated Jul 1, 2017.
Due Feb 1, 2018 to 2042.
Callable Feb 1, 2026 at par.
Winning bid: BA Merrill Lynch, at 101.0295, NIC 3.0265%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 2/1/2018 | $570,000 | 4.50% | 0.95% | PSF | |
| 2/1/2019 | $620,000 | 4.50% | 1.07% | PSF | |
| 2/1/2020 | $785,000 | 4.50% | 1.16% | PSF | |
| 2/1/2021 | $785,000 | 4.50% | 1.24% | PSF | |
| 2/1/2022 | $830,000 | 4.50% | 1.37% | PSF | |
| 2/1/2023 | $860,000 | 4.50% | 1.52% | PSF | |
| 2/1/2024 | $875,000 | 4.50% | 1.64% | PSF | |
| 2/1/2025 | $330,000 | 4.50% | 1.79% | PSF | |
| 2/1/2026 | $350,000 | 4.50% | 1.98% | PSF | |
| 2/1/2027 | $370,000 | 4.50% | 2.12% | PSF | |
| 2/1/2028 | $400,000 | 3.50% | 2.21% | PSF | |
| 2/1/2029 | $430,000 | 3.00% | 2.48% | PSF | |
| 2/1/2030 | $500,000 | 2.50% | 3.00% | PSF | |
| 2/1/2031 | $500,000 | 2.50% | 3.12% | PSF | |
| 2/1/2032 | $500,000 | 2.50% | 3.24% | PSF | |
| 2/1/2033 | $275,000 | 2.50% | 3.31% | PSF | |
| 2/1/2034 | $575,000 | 2.50% | 3.38% | PSF | |
| 2/1/2035 | $595,000 | 2.50% | 3.44% | PSF | |
| 2/1/2036 | $615,000 | 2.50% | 3.49% | PSF | |
| 2/1/2037 | $640,000 | 2.50% | 3.53% | PSF | |
| 2/1/2038 | $665,000 | 2.50% | 3.55% | PSF | |
| 2/1/2039 | $680,000 | 3.13% | 3.37% | PSF | |
| 2/1/2040 | $715,000 | 3.25% | 3.39% | PSF | |
| 2/1/2041 | $750,000 | 3.25% | 3.40% | PSF | |
| 2/1/2042 | $785,000 | 3.25% | 3.41% | PSF |
L.O.: Norton Rose Fulbright US LLP, San Antonio, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, San Antonio, TX.
Other bidders were:
Frost Bank, NIC 3.0466%
Hutchinson Shockey, NIC 3.0638%
Robert W. Baird, NIC 3.0694%
Citigroup, NIC 3.0873%
UBS Financial Svcs, NIC 3.0998%
Morgan Stanley, NIC 3.1685%
Burleson Independent School District
Jun 27, 2017 $52,335,000
Unlimited Tax School Building Bonds, Series 2017 (book entry).
Dated Jul 1, 2017.
Due Feb 1, 2018 to 2047.
Callable Aug 1, 2027 at par.
Winning bid: BA Merrill Lynch, at 115.0697, TIC 3.4897%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 2/1/2018 | $4,695,000 | 5.00% | 0.90% | PSF | |
| 2/1/2019 | $2,870,000 | 5.00% | 1.10% | PSF | |
| 2/1/2020 | $3,430,000 | 5.00% | 1.16% | PSF | |
| 2/1/2021 | $795,000 | 5.00% | 1.29% | PSF | |
| 2/1/2022 | $835,000 | 5.00% | 1.41% | PSF | |
| 2/1/2023 | $880,000 | 5.00% | 1.56% | PSF | |
| 2/1/2024 | $925,000 | 5.00% | 1.66% | PSF | |
| 2/1/2025 | $970,000 | 5.00% | 1.79% | PSF | |
| 2/1/2026 | $1,025,000 | 5.00% | 1.96% | PSF | |
| 2/1/2027 | $1,075,000 | 5.00% | 2.08% | PSF | |
| 2/1/2028 | $1,125,000 | 4.00% | 2.22% | PSF | |
| 2/1/2029 | $1,170,000 | 4.00% | 2.38% | PSF | |
| 2/1/2030 | $1,220,000 | 4.00% | 2.53% | PSF | |
| 2/1/2031 | $1,270,000 | 4.00% | 2.67% | PSF | |
| 2/1/2032 | $1,320,000 | 4.00% | 2.79% | PSF | |
| 2/1/2033 | $1,380,000 | 5.00% | 2.57% | PSF | |
| 2/1/2034 | $1,450,000 | 5.00% | 2.63% | PSF | |
| 2/1/2035 | $1,525,000 | 5.00% | 2.98% | PSF | |
| 2/1/2036 | $1,605,000 | 5.00% | 2.72% | PSF | |
| 2/1/2037 | $1,685,000 | 5.00% | 2.75% | PSF | |
| 2/1/2038 | $1,775,000 | 5.00% | 2.77% | PSF | |
| 2/1/2039 | $1,865,000 | 5.00% | 2.79% | PSF | |
| 2/1/2040 | $1,960,000 | 5.00% | 2.81% | PSF | |
| 2/1/2041 | $1,065,000 | 5.00% | 2.82% | PSF | |
| 2/1/2042 | $2,115,000 | 5.00% | 2.83% | PSF | |
| 2/1/2047 | $12,305,000 | 5.00% | 2.89% | PSF |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
Citigroup, TIC 3.5074%
RBC Capital Mkts, TIC 3.5579%
Fidelity Capital, TIC 3.568%
JPMorgan, TIC 3.589%
Fort Bend County Municipal Utility District No. 30
Jun 27, 2017 $15,670,000
Unlimited Tax Bonds, Series 2017 (book entry).
Dated Jul 1, 2017.
Due Sep 1, 2020 to 2046.
Callable Sep 1, 2024 at par.
Winning bid: Dain Rauscher, at 97.0000, NIC 3.6427%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 9/1/2020 | $20,000 | 4.00% | 1.50% | BAM | |
| 9/1/2021 | $50,000 | 4.00% | 1.70% | BAM | |
| 9/1/2022 | $50,000 | 4.00% | 1.90% | BAM | |
| 9/1/2023 | $50,000 | 4.00% | 2.00% | BAM | |
| 9/1/2024 | $50,000 | 4.00% | 2.15% | BAM | |
| 9/1/2025 | $50,000 | 4.00% | 2.30% | BAM | |
| 9/1/2026 | $50,000 | 4.00% | 2.45% | BAM | |
| 9/1/2027 | $50,000 | 4.00% | 2.60% | BAM | |
| 9/1/2028 | $50,000 | 4.00% | 2.75% | BAM | |
| 9/1/2029 | $50,000 | 4.00% | 2.90% | BAM | |
| 9/1/2030 | $50,000 | 4.00% | 3.00% | BAM | |
| 9/1/2031 | $100,000 | 4.00% | 3.10% | BAM | |
| 9/1/2032 | $100,000 | 4.00% | 3.20% | BAM | |
| 9/1/2033 | $100,000 | 4.00% | 3.25% | BAM | |
| 9/1/2034 | $100,000 | 4.00% | 3.30% | BAM | |
| 9/1/2035 | $750,000 | 4.00% | 3.35% | BAM | |
| 9/1/2036 | $750,000 | 3.38% | 3.40% | BAM | |
| 9/1/2037 | $750,000 | 3.38% | 3.45% | BAM | |
| 9/1/2038 | $750,000 | 3.50% | 3.50% | BAM | |
| 9/1/2041 | $2,250,000 | 3.50% | 3.55% | BAM | |
| 9/1/2046 | $9,500,000 | 3.50% | 3.60% | BAM |
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
BA Merrill Lynch, NIC 3.7015%
Robert W. Baird, NIC 3.7837%
SAMCO Cap Mkts, NIC 3.7881%
Northland Securities, NIC 3.8549%
Hutchinson Shockey, NIC 3.9648%
Harris County Municipal Utility District No. 451
Jun 28, 2017 $2,600,000
Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Jul 1, 2017.
Due Sep 1, 2018 to 2040.
Callable Sep 1, 2023 at par.
Winning bid: GMS Group, at 97.0000, NIC 3.6399%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 9/1/2018 | $110,000 | 1.50% | 1.50% | ||
| 9/1/2019 | $110,000 | 1.75% | 1.75% | ||
| 9/1/2020 | $110,000 | 2.00% | 2.00% | ||
| 9/1/2021 | $110,000 | 2.15% | 2.15% | ||
| 9/1/2022 | $110,000 | 2.30% | 2.30% | ||
| 9/1/2023 | $110,000 | 2.45% | 2.45% | ||
| 9/1/2024 | $110,000 | 2.60% | 2.60% | ||
| 9/1/2025 | $110,000 | 2.75% | 2.75% | ||
| 9/1/2026 | $110,000 | 2.90% | 2.90% | ||
| 9/1/2027 | $115,000 | 3.00% | 3.00% | ||
| 9/1/2028 | $115,000 | 3.10% | 3.15% | ||
| 9/1/2029 | $115,000 | 3.20% | 3.30% | ||
| 9/1/2030 | $115,000 | 3.30% | 3.40% | ||
| 9/1/2032 | $230,000 | 3.40% | 3.50% | ||
| 9/1/2034 | $230,000 | 3.50% | 3.63% | ||
| 9/1/2036 | $230,000 | 3.63% | 3.75% | ||
| 9/1/2040 | $460,000 | 3.85% | 4.00% |
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 3.6427%
Houston (City)
Jun 28, 2017 $200,000,000
Tax and Revenue Anticipation Notes, Series 2016 (book entry).
Dated Jul 11, 2017.
Due Jun 29, 2018.
Purchased $45,000,000.00 by Goldman Sachs, at 3.0%, plus $898,200.00, effective rate 0.918%.
Purchased $10,000,000.00 by FTN Fin Cap Mkts, at 2.0%, plus $103,100.00, effective rate 0.9246%.
Purchased $20,000,000.00 by Barclays Capital, at 3.0%, plus $397,600.00, effective rate 0.9262%.
Purchased $50,000,000.00 by Wells Fargo Secs, at 4.0%, plus $1,473,000.00, effective rate 0.9267%.
Purchased $20,000,000.00 by Citigroup, at 3.0%, plus $397,201.00, effective rate 0.9282%.
Purchased $25,000,000.00 by Morgan Stanley, at 5.0%, plus $975,750.00, effective rate 0.9282%.
Purchased $20,000,000.00 by RBC Capital Mkts, at 2.5%, plus $301,200.00, effective rate 0.9284%.
Purchased $10,000,000.00 by JPMorgan, at 2.0%, plus $102,700.00, effective rate 0.9287%.
L.O.: Francisco G. Medina, Houston, TX; Bracewell & Giuliani LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX; and YaCari Consultants, LLC, Houston, TX.
Other bidders were:
JPMorgan, Effective Rate 0.9287%
Wells Fargo Secs, Effective Rate 0.9287%
Wells Fargo Secs, Effective Rate 0.9297%
Morgan Stanley, Effective Rate 0.9303%
Goldman Sachs, Effective Rate 0.9374%
Goldman Sachs, Effective Rate 0.9374%
Goldman Sachs, Effective Rate 0.9374%
Citigroup, Effective Rate 0.9415%
Piper Jaffray, Effective Rate 0.9425%
BA Merrill Lynch, Effective Rate 0.9433%
Piper Jaffray, Effective Rate 0.9456%
George K. Baum, Effective Rate 0.9466%
UBS Financial Svcs, Effective Rate 0.9504%
JPMorgan, Effective Rate 0.9525%
Citigroup, Effective Rate 0.9558%
RBC Capital Mkts, Effective Rate 0.9608%
Raymond James, Effective Rate 0.9608%
Piper Jaffray, Effective Rate 0.961%
Barclays Capital, Effective Rate 0.961%
BA Merrill Lynch, Effective Rate 0.9654%
FTN Fin Cap Mkts, Effective Rate 0.9659%
FTN Fin Cap Mkts, Effective Rate 0.9659%
Jefferies, Effective Rate 0.9701%
Jefferies, Effective Rate 0.9711%
Raymond James, Effective Rate 0.9711%
Barclays Capital, Effective Rate 0.9712%
Jefferies, Effective Rate 0.9783%
Jefferies, Effective Rate 0.9804%
Raymond James, Effective Rate 0.9804%
Goldman Sachs, Effective Rate 0.9876%
Piper Jaffray, Effective Rate 0.9886%
Frost Bank, Effective Rate 0.9897%
Jefferies, Effective Rate 0.9907%
Frost Bank, Effective Rate 0.999%
Jefferies, Effective Rate 0.9999%
Barclays Capital, Effective Rate 1.0009%
Barclays Capital, Effective Rate 1.0009%
Barclays Capital, Effective Rate 1.0016%
George K. Baum, Effective Rate 1.0019%
Frost Bank, Effective Rate 1.0083%
Morgan Stanley, Effective Rate 1.0097%
Raymond James, Effective Rate 1.0102%
Morgan Stanley, Effective Rate 1.0147%
Frost Bank, Effective Rate 1.0176%
Jefferies, Effective Rate 1.0308%
Mesirow Financial, Effective Rate 1.0368%
Mesirow Financial, Effective Rate 1.047%
Barclays Capital, Effective Rate 1.0515%
UBS Financial Svcs, Effective Rate 1.0538%
Mesirow Financial, Effective Rate 1.0932%
Mesirow Financial, Effective Rate 1.1209%
Mesirow Financial, Effective Rate 1.1507%
Ramirez, Effective Rate 1.1517%
Mesirow Financial, Effective Rate 1.1908%
WISCONSIN
Milwaukee Area Technical College District
Jun 27, 2017 $1,500,000
General Obligation Promissory Notes, Series 2017-18A (book entry).
Dated Jul 10, 2017.
Due Jun 1, 2019 to 2022.
Non-callable.
Winning bid: Fidelity Capital, at 102.3118, TIC 1.4073%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2019 | $350,000 | 2.00% | 1.13% | ||
| 6/1/2020 | $500,000 | 2.00% | 1.21% | ||
| 6/1/2021 | $500,000 | 2.00% | 1.32% | ||
| 6/1/2022 | $150,000 | 3.00% | 1.45% |
L.O.: Michael, Best & Friedrich, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Hutchinson Shockey, TIC 1.4511%
Dougherty, TIC 1.5188%
Raymond James, TIC 1.5363%
Bernardi Securities, TIC 1.5801%
TAXABLE ISSUES
CALIFORNIA
Los Angeles (City)
Jun 27, 2017 $86,370,000
General Obligation Bonds, Series 2017-A (Taxable) (book entry).
Dated Jul 13, 2017.
Due Sep 1, 2018 to 2037.
Callable Sep 1, 2027 at par.
Winning bid: Citigroup, at 100.4000, TIC 3.0661%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 9/1/2018 | $4,320,000 | 1.47% | 1.47% | ||
| 9/1/2019 | $4,320,000 | 1.62% | 1.62% | ||
| 9/1/2020 | $4,320,000 | 2.50% | 1.72% | ||
| 9/1/2021 | $4,320,000 | 2.38% | 1.98% | ||
| 9/1/2022 | $4,320,000 | 2.50% | 2.21% | ||
| 9/1/2023 | $4,320,000 | 2.63% | 2.37% | ||
| 9/1/2024 | $4,320,000 | 2.75% | 2.48% | ||
| 9/1/2025 | $4,320,000 | 2.88% | 2.65% | ||
| 9/1/2026 | $4,320,000 | 3.00% | 2.75% | ||
| 9/1/2027 | $4,320,000 | 3.00% | 2.85% | ||
| 9/1/2028 | $4,320,000 | 2.95% | 2.95% | ||
| 9/1/2029 | $4,320,000 | 3.05% | 3.05% | ||
| 9/1/2030 | $4,320,000 | 3.15% | 3.15% | ||
| 9/1/2031 | $4,320,000 | 3.20% | 3.20% | ||
| 9/1/2032 | $4,315,000 | 3.25% | 3.25% | ||
| 9/1/2033 | $4,315,000 | 3.30% | 3.30% | ||
| 9/1/2034 | $4,315,000 | 3.35% | 3.35% | ||
| 9/1/2035 | $4,315,000 | 3.40% | 3.40% | ||
| 9/1/2036 | $4,315,000 | 3.45% | 3.45% | ||
| 9/1/2037 | $4,315,000 | 3.50% | 3.50% |
Other managers: Roosevelt & Cross, Inc., Ramirez & Co., Inc., Siebert Cisneros Shank & Co., L.L.C., Drexel Hamilton, LLC., Loop Capital Markets, LLC, The Williams Capital Group, L.P., Hilltop Securities Inc., Oppenheimer & Co., Inc., FTN Financial Capital Markets, Tribal Capital Markets, Intercoastal Capital Markets, Inc., Mischler Financial Group, Inc., Neighborly Securities.
L.O.: Nixon Peabody LLP, Los Angeles, CA.
F.A.: Public Resources Advisory Group, Los Angeles, CA; Omnicap Group LLC, El Segundo, CA; and Omnicap Group LLC, Hermosa Beach, CA.
Other bidders were:
Wells Fargo Secs, TIC 3.12%
JPMorgan, TIC 3.1315%
Raymond James, TIC 3.1584%
RBC Capital Mkts, TIC 3.1614%
Morgan Stanley, TIC 3.2133%
BA Merrill Lynch, TIC 3.2485%
Stifel Nicolaus, TIC 3.2771%
Robert W. Baird, TIC 3.2961%
Jefferies, TIC 3.2976%
Goldman Sachs, TIC 3.3%
MASSACHUSETTS
Burlington (Town)
Jun 28, 2017 $730,000
General Obligation Taxable Bond Anticipation Notes, Series A (renewal).
Dated Jul 21, 2017.
Due Jul 20, 2018.
Purchased $730,000.00 by Century Bk, at 1.6%, effective rate 1.6%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.6012%
Oppenheimer, Effective Rate 1.883%