FLORIDA
Florida Department of Transportation
Jul 12, 2017 $288,705,000
Right-of-Way Acquistion and Bridge Construction Bonds, Series 2017A (book entry).
Dated Jul 27, 2017.
Due Jul 1, 2018 to 2047.
Callable Jul 1, 2027 at par.
Winning bid: Wells Fargo Secs, at 104.4885, TIC 3.32%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/1/2018 | $4,540,000 | 5.00% | 0.90% | ||
| 7/1/2019 | $5,120,000 | 5.00% | 1.09% | ||
| 7/1/2020 | $5,380,000 | 5.00% | 1.20% | ||
| 7/1/2021 | $5,645,000 | 5.00% | 1.31% | ||
| 7/1/2022 | $5,930,000 | 5.00% | 1.44% | ||
| 7/1/2023 | $6,225,000 | 5.00% | 1.58% | ||
| 7/1/2024 | $6,540,000 | 5.00% | 1.69% | ||
| 7/1/2025 | $6,865,000 | 5.00% | 1.83% | ||
| 7/1/2026 | $7,210,000 | 5.00% | 1.98% | ||
| 7/1/2027 | $7,570,000 | 5.00% | 2.12% | ||
| 7/1/2028 | $7,945,000 | 5.00% | 2.24% | ||
| 7/1/2029 | $8,345,000 | 5.00% | 2.35% | ||
| 7/1/2030 | $8,760,000 | 3.00% | 2.80% | ||
| 7/1/2031 | $9,025,000 | 3.00% | 2.95% | ||
| 7/1/2032 | $9,295,000 | 4.00% | 2.90% | ||
| 7/1/2033 | $9,665,000 | 3.00% | 3.16% | ||
| 7/1/2034 | $9,955,000 | 3.00% | 3.22% | ||
| 7/1/2035 | $10,255,000 | 3.13% | 3.31% | ||
| 7/1/2036 | $10,575,000 | 3.25% | 3.39% | ||
| 7/1/2037 | $10,920,000 | 3.25% | 3.41% | ||
| 7/1/2038 | $11,275,000 | 3.25% | 3.42% | ||
| 7/1/2039 | $11,640,000 | 3.25% | 3.45% | ||
| 7/1/2040 | $12,020,000 | 4.00% | 3.27% | ||
| 7/1/2041 | $12,500,000 | 4.00% | 3.29% | ||
| 7/1/2042 | $13,000,000 | 4.00% | 3.31% | ||
| 7/1/2043 | $13,520,000 | 3.50% | 3.56% | ||
| 7/1/2044 | $13,995,000 | 3.50% | 3.57% | ||
| 7/1/2045 | $14,485,000 | 3.50% | 3.59% | ||
| 7/1/2046 | $14,990,000 | 3.50% | 3.60% | ||
| 7/1/2047 | $15,515,000 | 3.50% | 3.61% |
L.O.: Greenberg Traurig, P.A., Miami, FL.
F.A.: Division of Bond Finance, Tallahassee, FL.
Other bidders were:
BA Merrill Lynch, TIC 3.3643%
JPMorgan, TIC 3.3686%
Citigroup, TIC 3.3712%
Morgan Stanley, TIC 3.3732%
INDIANA
North Knox School Corporation
Jul 11, 2017 $1,975,000
General Obligation Bonds, Series 2017 (Indiana State Intercept Program) (bank qualified) (book entry).
Dated Aug 8, 2017.
Due Jul 15, 2018 to Jan 15, 2021.
Non-callable.
Winning bid: Stifel Nicolaus, at 101.1141, NIC 1.4976%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/15/2018 | $305,000 | 2.00% | 1.05% | ||
| 1/15/2019 | $330,000 | 2.00% | 1.15% | ||
| 7/15/2019 | $330,000 | 2.00% | 1.20% | ||
| 1/15/2020 | $335,000 | 2.00% | 1.25% | ||
| 7/15/2020 | $335,000 | 2.00% | 1.30% | ||
| 1/15/2021 | $340,000 | 2.00% | 1.35% |
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Umbaugh LLP, Indianapolis, IN.
Other bidders were:
Robert W. Baird, NIC 1.569%
J.J.B. Hilliard, NIC 1.7038%
SunTrust Robinson, NIC 1.7283%
PHM School Renovation Building Corporation
Jul 12, 2017 $7,395,000
Ad Valorem Property Tax First Mortgage Refunding Bonds, Series 2017 (book entry).
Dated Aug 2, 2017.
Due Jan 15, 2018 to Jul 15, 2020.
Non-callable.
Winning bid: JPMorgan, at 104.5216, TIC 1.2412%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 1/15/2018 | $1,275,000 | 4.00% | 0.92% | ||
| 7/15/2018 | $1,235,000 | 4.00% | 0.96% | ||
| 1/15/2019 | $1,260,000 | 4.00% | 1.10% | ||
| 7/15/2019 | $1,285,000 | 4.00% | 1.17% | ||
| 1/15/2020 | $1,160,000 | 4.00% | 1.25% | ||
| 7/15/2020 | $1,180,000 | 4.00% | 1.30% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
Fifth Third Secs, TIC 1.332%
Mesirow Financial, TIC 1.4234%
William Blair, TIC 1.4334%
Stifel Nicolaus, TIC 1.4589%
J.J.B. Hilliard, TIC 1.4695%
MAINE
Lewiston (City)
Jul 12, 2017 $12,000,000
General Obligation Bonds Anticipation Notes (book entry).
Dated Jul 26, 2017.
Due Nov 3, 2017.
Purchased $12,000,000.00 by JPMorgan, at 2.0%, plus $36,240.00, effective rate 0.8792%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 0.982%
Jefferies, Effective Rate 1.0326%
Century Bk, Effective Rate 1.07%
TD Securities, Effective Rate 1.1292%
JPMorgan Chase, Effective Rate 1.354%
Oppenheimer, Effective Rate 1.4521%
Androscoggin Bank, Effective Rate 1.47%
Lewiston (City)
Jul 12, 2017 $13,270,000
General Obligation Public Improvement Bonds (book entry).
Dated Jul 26, 2017.
Due Jun 1, 2019 to 2038.
Callable Jun 1, 2025 at par.
Winning bid: Citigroup, at 106.9050, TIC 2.636%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2019 | $1,000,000 | 5.00% | 1.11% | ||
| 6/1/2020 | $1,000,000 | 5.00% | 1.20% | ||
| 6/1/2021 | $1,000,000 | 5.00% | 1.29% | ||
| 6/1/2022 | $1,000,000 | 5.00% | 1.41% | ||
| 6/1/2023 | $1,000,000 | 5.00% | 1.56% | ||
| 6/1/2024 | $700,000 | 5.00% | 1.67% | ||
| 6/1/2025 | $700,000 | 5.00% | 1.83% | ||
| 6/1/2026 | $700,000 | 5.00% | 2.00% | ||
| 6/1/2027 | $700,000 | 2.00% | 2.30% | ||
| 6/1/2028 | $700,000 | 2.25% | 2.45% | ||
| 6/1/2029 | $560,000 | 2.50% | 2.70% | ||
| 6/1/2030 | $560,000 | 3.00% | 2.85% | ||
| 6/1/2031 | $550,000 | 3.00% | 2.95% | ||
| 6/1/2032 | $550,000 | 3.00% | 3.05% | ||
| 6/1/2033 | $550,000 | 3.00% | 3.10% | ||
| 6/1/2034 | $400,000 | 3.00% | 3.15% | ||
| 6/1/2035 | $400,000 | 3.00% | 3.18% | ||
| 6/1/2036 | $400,000 | 3.00% | 3.20% | ||
| 6/1/2037 | $400,000 | 3.00% | 3.23% | ||
| 6/1/2038 | $400,000 | 3.13% | 3.25% |
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., Wiley Bros.-Aintree Capital LLC, Tribal Capital Markets, Edward Jones, UBS Financial Services, Inc., Cabrera Capital Markets, LLC, Rice Financial Products Company.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Raymond James, TIC 2.651%
BA Merrill Lynch, TIC 2.7013%
Piper Jaffray, TIC 2.7324%
Robert W. Baird, TIC 2.7697%
JPMorgan, TIC 2.967%
MARYLAND
Maryland Transportation Authority
Jul 12, 2017 $169,670,000
Transportation Facilities Projects Revenue Refunding Bonds, Series 2017 (Tax-Exempt) (book entry).
Dated Jul 27, 2017.
Due Jul 1, 2018 to 2040.
Callable Jul 1, 2027 at par.
Winning bid: Wells Fargo Secs, at 106.9660, TIC 3.078%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/1/2018 | $3,850,000 | 5.00% | 0.91% | ||
| 7/1/2019 | $4,570,000 | 5.00% | 1.11% | ||
| 7/1/2020 | $4,780,000 | 5.00% | 1.22% | ||
| 7/1/2021 | $5,000,000 | 5.00% | 1.32% | ||
| 7/1/2022 | $5,230,000 | 5.00% | 1.45% | ||
| 7/1/2023 | $5,470,000 | 5.00% | 1.60% | ||
| 7/1/2024 | $5,775,000 | 5.00% | 1.72% | ||
| 7/1/2025 | $6,090,000 | 5.00% | 1.88% | ||
| 7/1/2026 | $6,405,000 | 5.00% | 2.05% | ||
| 7/1/2027 | $6,740,000 | 5.00% | 2.20% | ||
| 7/1/2028 | $7,055,000 | 5.00% | 2.31% | ||
| 7/1/2029 | $7,420,000 | 3.00% | 2.57% | ||
| 7/1/2030 | $7,655,000 | 5.00% | 2.51% | ||
| 7/1/2031 | $8,010,000 | 3.00% | 2.93% | ||
| 7/1/2032 | $8,220,000 | 3.00% | 3.10% | ||
| 7/1/2033 | $8,500,000 | 3.00% | 3.16% | ||
| 7/1/2034 | $8,790,000 | 3.00% | 3.22% | ||
| 7/1/2035 | $9,085,000 | 3.13% | 3.31% | ||
| 7/1/2036 | $9,410,000 | 3.25% | 3.39% | ||
| 7/1/2037 | $9,755,000 | 4.00% | 3.26% | ||
| 7/1/2038 | $10,190,000 | 4.00% | 3.28% | ||
| 7/1/2039 | $10,640,000 | 3.25% | 3.45% | ||
| 7/1/2040 | $11,030,000 | 3.50% | 3.50% |
L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA; FirstSouthwest, a Division of Hilltop Securities Inc., New York, NY; and Davenport & Company LLC, Charlotte, NC.
Other bidders were:
BA Merrill Lynch, TIC 3.0863%
Citigroup, TIC 3.1098%
JPMorgan, TIC 3.1312%
Goldman Sachs, TIC 3.136%
Barclays Capital, TIC 3.1472%
Raymond James, TIC 3.1484%
Robert W. Baird, TIC 3.1914%
MASSACHUSETTS
Peabody (City)
Jul 12, 2017 $2,500,000
General Obligation Bond Anticipation Notes, Series A (renewal).
Dated Jul 28, 2017.
Due Mar 23, 2018.
Purchased $2,500,000.00 by Eastern Bk Cap Mkts, at 1.5%, plus $7,376.39, effective rate 1.048%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Jefferies, Effective Rate 1.0516%
TD Securities, Effective Rate 1.0686%
Century Bk, Effective Rate 1.1094%
Oppenheimer, Effective Rate 1.2426%
Peabody (City)
Jul 12, 2017 $3,750,000
General Obligation Bond Anticipation Notes, Series B (renewal).
Dated Jul 28, 2017.
Due Jul 27, 2018.
Purchased $3,750,000.00 by TD Securities, at 2.0%, plus $34,874.99, effective rate 1.0674%.
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 1.068%
Jefferies, Effective Rate 1.0727%
Oppenheimer, Effective Rate 1.2095%
Century Bk, Effective Rate 1.2443%
Pioneer Valley Transit Authority
Jul 12, 2017 $13,100,000
Revenue Anticipation Notes.
Dated Jul 21, 2017.
Due Jul 20, 2018.
Purchased $13,100,000.00 by Eastern Bk Cap Mkts, at 2.0%, plus $114,829.10, effective rate 1.121%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Jefferies, Effective Rate 1.2359%
Oppenheimer, Effective Rate 1.2974%
MICHIGAN
Old Maid Relaid, Harris and Whaley Drain Drainage District
Jul 12, 2017 $2,205,000
Old Maid Relaid, Harris and Whaley Drain Bonds, Series 2017 (bank qualified) (book entry).
Dated Jul 26, 2017.
Due Jun 1, 2018 to 2037.
Callable Jun 1, 2025 at par.
Winning bid: Robert W. Baird, at 101.0499, TIC 3.0752%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2018 | $110,000 | 3.00% | 1.25% | ||
| 6/1/2019 | $110,000 | 3.00% | 1.40% | ||
| 6/1/2020 | $110,000 | 3.00% | 1.55% | ||
| 6/1/2021 | $110,000 | 3.00% | 1.70% | ||
| 6/1/2022 | $110,000 | 3.00% | 1.85% | ||
| 6/1/2023 | $110,000 | 3.00% | 2.00% | ||
| 6/1/2024 | $110,000 | 3.00% | 2.15% | ||
| 6/1/2028 | $440,000 | 3.00% | 2.55% | ||
| 6/1/2030 | $220,000 | 3.00% | 3.00% | ||
| 6/1/2033 | $330,000 | 3.25% | 3.30% | ||
| 6/1/2035 | $220,000 | 3.38% | 3.45% | ||
| 6/1/2037 | $225,000 | 3.50% | 3.55% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Ross, Sinclaire & Associates, Inc., Fidelity Capital Markets, Dougherty & Company LLC, WNJ Capital, SumRidge Partners, LLC, Crews & Associates, Inc., Davenport & Company LLC, Loop Capital Markets, LLC, R. Seelaus & Co., Inc., Oppenheimer & Co., Inc., Alamo Capital, Sierra Pacific Securities, IFS Securities, Wayne Hummer & Co., Rafferty Capital Markets LLC, W.H. Mell Associates, Inc., FMSbonds, Inc., Central States Capital Markets, LLC, Midland Securities Ltd, Wells Nelson & Associates, LLC.
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
Other bidders were:
J.J.B. Hilliard, TIC 3.1065%
NEW JERSEY
Brick Township
Jul 12, 2017 $16,818,468
Bond Anticipation Notes (book entry).
Dated Jul 20, 2017.
Due Jul 19, 2018.
Purchased $16,818,470.00 by Jefferies, at 2.25%, plus $197,953.30, effective rate 1.0697%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
TD Securities, Effective Rate 1.1598%
Oppenheimer, Effective Rate 1.183%
Brick Township
Jul 12, 2017 $24,800,000
General Improvement Bonds, Series 2017 (book entry).
Dated Jul 20, 2017.
Due Jan 15, 2018 to 2032.
Callable Jan 15, 2027 at par.
Winning bid: Morgan Stanley, at n/a, TIC 2.6023%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 1/15/2018 | $1,200,000 | 2.00% | 0.85% | ||
| 1/15/2019 | $1,375,000 | 2.00% | 1.05% | ||
| 1/15/2020 | $1,405,000 | 2.00% | 1.20% | ||
| 1/15/2021 | $1,445,000 | 3.00% | 1.38% | ||
| 1/15/2022 | $1,490,000 | 3.00% | 1.50% | ||
| 1/15/2023 | $1,535,000 | 3.00% | 1.70% | ||
| 1/15/2024 | $1,580,000 | 3.00% | 1.90% | ||
| 1/15/2025 | $1,630,000 | 3.00% | 2.07% | ||
| 1/15/2026 | $1,675,000 | 3.00% | 2.28% | ||
| 1/15/2027 | $1,735,000 | 3.00% | 2.45% | ||
| 1/15/2028 | $1,795,000 | 3.00% | 2.60% | ||
| 1/15/2029 | $1,870,000 | 3.00% | 2.75% | ||
| 1/15/2030 | $1,945,000 | 3.00% | 2.88% | ||
| 1/15/2031 | $2,020,000 | 3.00% | 3.00% | ||
| 1/15/2032 | $2,100,000 | 3.00% | 3.05% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, Fidelity Capital Markets, Gates Capital Corp..
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: NW Financial Group, Hoboken, NJ.
Other bidders were:
BA Merrill Lynch, TIC 2.6071%
Janney Montgomery, TIC 2.6176%
Robert W. Baird, TIC 2.6847%
Citigroup, TIC 2.74%
Cliffside Park Borough
Jul 12, 2017 $9,619,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jul 21, 2017.
Due Oct 20, 2017.
Purchased $9,619,000.00 by TD Securities, at 1.0%, plus $384.76, effective rate 0.9838%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Lerch, Vinci & Higgins, Fair Lawn, NJ.
Other bidders were:
Jefferies, Effective Rate 1.0105%
JPMorgan Chase, Effective Rate 1.31%
Oppenheimer, Effective Rate 1.6117%
Delaware Township
Jul 12, 2017 $1,000,000
Bond Anticipation Notes (bank qualified).
Dated Jul 27, 2017.
Due Jul 26, 2018.
Purchased $1,000,000.00 by Two Rivers Wtr Rec, at 1.64%, effective rate 1.64%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.7506%
Oppenheimer, Effective Rate 1.7897%
Passaic Vly Wtr Comm, Effective Rate 1.8499%
Millville (City)
Jul 12, 2017 $13,469,000
General Obligation Bonds, Series 2017 consisting of $10,804,000 General Improvement; $2,065,000 Water Utility and $600,000 Sewer Utility (book entry).
Dated Jul 26, 2017.
Due Jul 15, 2018 to 2037.
Callable Jul 15, 2025 at par.
Winning bid: Jefferies, at 103.0000, TIC 2.637%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 7/15/2018 | $560,000 | 2.00% | 1.00% | ||
| 7/15/2019 | $560,000 | 2.00% | 1.18% | ||
| 7/15/2020 | $585,000 | 3.00% | 1.37% | ||
| 7/15/2021 | $1,060,000 | 2.00% | 1.48% | ||
| 7/15/2022 | $1,085,000 | 3.00% | 1.62% | ||
| 7/15/2023 | $1,100,000 | 4.00% | 1.80% | ||
| 7/15/2024 | $1,100,000 | 4.00% | 1.95% | ||
| 7/15/2025 | $1,110,000 | 4.00% | 2.15% | ||
| 7/15/2026 | $1,120,000 | 2.25% | 2.45% | ||
| 7/15/2027 | $1,120,000 | 2.50% | 2.65% | ||
| 7/15/2028 | $1,095,000 | 3.00% | 2.85% | ||
| 7/15/2029 | $1,070,000 | 3.00% | 2.95% | ||
| 7/15/2030 | $1,074,000 | 3.00% | 3.00% | ||
| 7/15/2031 | $120,000 | 3.00% | 3.12% | ||
| 7/15/2032 | $120,000 | 3.00% | 3.20% | ||
| 7/15/2033 | $120,000 | 3.13% | 3.28% | ||
| 7/15/2034 | $120,000 | 3.13% | 3.35% | ||
| 7/15/2035 | $120,000 | 3.25% | 3.40% | ||
| 7/15/2036 | $120,000 | 3.25% | 3.43% | ||
| 7/15/2037 | $110,000 | 3.25% | 3.45% |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Morgan Stanley & Co., Inc..
L.O.: Fleishman-Daniels Law Offices, Linwood, ND.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
UBS Financial Svcs, TIC 2.6537%
Robert W. Baird, TIC 2.6998%
Janney Montgomery, TIC 2.7091%
Peapack and Gladstone Borough
Jul 12, 2017 $371,000
Bond Anticipation Note (bank qualified).
Dated Jul 19, 2017.
Due Jul 19, 2018.
Purchased $371,000.00 by Peapack-Gladstone, at 1.75%, effective rate 1.75%.
L.O.: Waters, McPherson, McNeill, P.C., Secaucus, NJ.
F.A.: Municipal Official(s).
South Plainfield Borough
Jul 12, 2017 $3,046,255
Bond Anticipation Notes (bank qualified).
Dated Jul 19, 2017.
Due Apr 27, 2018.
Purchased $3,046,260.00 by TD Bank, N.A., at 1.27%, effective rate 1.27%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.428%
Oppenheimer, Effective Rate 1.5196%
TD Securities, Effective Rate 1.589%
NEW YORK
Alexandria Central School District
Jul 12, 2017 $6,180,000
Bond Anticipation Notes, 2017 (Renewals) (bank qualified).
Dated Jul 26, 2017.
Due Jun 29, 2018.
Purchased $6,180,000.00 by Jefferies, at 2.25%, plus $46,226.00, effective rate 1.4414%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.478%
TD Securities, Effective Rate 1.5065%
Auburn City School District
Jul 12, 2017 $1,745,000
Bond Anticipation Notes, 2017 (New Issue) (bank qualified).
Dated Jul 26, 2017.
Due Jun 28, 2018.
Purchased $1,745,000.00 by Lyons National Bk, at 1.36%, effective rate 1.36%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.5896%
Roosevelt & Cross, Effective Rate 1.6004%
Bank of Greene Co, Effective Rate 1.89%
Binghamton City School District
Jul 12, 2017 $3,500,000
Tax Anticipation Notes, 2017.
Dated Jul 21, 2017.
Due Dec 18, 2017.
Purchased $3,500,000.00 by Piper Jaffray, at 2.0%, plus $10,290.00, effective rate 1.28%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 1.3137%
TD Securities, Effective Rate 1.3486%
Oppenheimer, Effective Rate 1.3488%
JPMorgan Chase, Effective Rate 1.45%
Hamburg Village
Jul 12, 2017 $3,003,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 26, 2017.
Due Jul 25, 2018.
Purchased $3,003,000.00 by Evans Natl Bk, at 1.4%, effective rate 1.4%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Jefferies, Effective Rate 1.4988%
Oppenheimer, Effective Rate 1.5151%
Oneonta City School District
Jul 12, 2017 $473,930
School District (Serial) Bonds, 2017 (bank qualified).
Dated Jul 20, 2017.
Due Jun 15, 2018 to 2031.
Callable Jun 15, 2024 at par.
Winning bid: Bank of Greene Co, at n/a, NIC 2.93%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/15/2018 | $18,930 | 2.93% | NRO | ||
| 6/15/2019 | $30,000 | 2.93% | NRO | ||
| 6/15/2020 | $30,000 | 2.93% | NRO | ||
| 6/15/2021 | $30,000 | 2.93% | NRO | ||
| 6/15/2022 | $30,000 | 2.93% | NRO | ||
| 6/15/2023 | $35,000 | 2.93% | NRO | ||
| 6/15/2024 | $35,000 | 2.93% | NRO | ||
| 6/15/2025 | $35,000 | 2.93% | NRO | ||
| 6/15/2026 | $35,000 | 2.93% | NRO | ||
| 6/15/2027 | $35,000 | 2.93% | NRO | ||
| 6/15/2028 | $40,000 | 2.93% | NRO | ||
| 6/15/2029 | $40,000 | 2.93% | NRO | ||
| 6/15/2030 | $40,000 | 2.93% | NRO | ||
| 6/15/2031 | $40,000 | 2.93% | NRO |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.1656%
Sage Rutty, NIC 3.1808%
Onondaga County
Jul 12, 2017 $21,780,000
General Obligation (Serial) Bonds, 2017 (book entry).
Dated Jul 26, 2017.
Due Apr 15, 2019 to 2037.
Callable Apr 15, 2025 at par.
Winning bid: Mesirow Financial, at n/a, TIC 2.6378%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 4/15/2019 | $1,145,000 | 5.00% | 1.00% | ||
| 4/15/2020 | $1,175,000 | 5.00% | 1.09% | ||
| 4/15/2021 | $1,215,000 | 5.00% | 1.18% | ||
| 4/15/2022 | $1,260,000 | 5.00% | 1.30% | ||
| 4/15/2023 | $1,125,000 | 5.00% | 1.45% | ||
| 4/15/2024 | $1,165,000 | 5.00% | 1.55% | ||
| 4/15/2025 | $1,205,000 | 5.00% | 1.68% | ||
| 4/15/2026 | $1,240,000 | 4.00% | 1.83% | ||
| 4/15/2027 | $1,280,000 | 4.00% | 1.94% | ||
| 4/15/2028 | $1,195,000 | 4.00% | 2.03% | ||
| 4/15/2029 | $1,240,000 | 4.00% | 2.14% | ||
| 4/15/2030 | $1,280,000 | 4.00% | 2.25% | ||
| 4/15/2031 | $1,320,000 | 3.00% | 2.95% | ||
| 4/15/2032 | $1,360,000 | 3.00% | 3.00% | ||
| 4/15/2033 | $855,000 | 3.00% | 3.05% | ||
| 4/15/2034 | $885,000 | 3.00% | 3.10% | ||
| 4/15/2035 | $915,000 | 3.00% | 3.13% | ||
| 4/15/2036 | $945,000 | 3.00% | 3.15% | ||
| 4/15/2037 | $975,000 | 3.00% | 3.16% |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Morgan Stanley, TIC 2.6443%
BA Merrill Lynch, TIC 2.652%
FTN Fin Cap Mkts, TIC 2.6577%
Janney Montgomery, TIC 2.665%
UBS Financial Svcs, TIC 2.67%
JPMorgan, TIC 2.7046%
William Blair, TIC 2.7055%
Robert W. Baird, TIC 2.7643%
Pike (Town)
Jul 12, 2017 $440,000
Bond Anticipation Notes, 2017 (bank qualified).
Dated Jul 26, 2017.
Due Feb 1, 2018.
Purchased $440,000.00 by Bank of Greene Co, at 1.99%, effective rate 1.99%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 2.25%
Oppenheimer, Effective Rate 2.477%
Richmond (Town)
Jul 12, 2017 $126,000
Bond Anticipation Notes, 2017 (Renewal) (bank qualified) (book entry).
Dated Jul 27, 2017.
Due Jul 27, 2018.
Purchased $126,000.00 by Bank of Greene Co, at 1.89%, effective rate 1.89%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Canandaigua NB&T, Effective Rate 2.13%
OKLAHOMA
Ottawa County Independent School District No. 18 (Commerce)
Jul 12, 2017 $555,000
Building Bonds of 2017 (bank qualified) (book entry).
Dated Sep 1, 2017.
Due Sep 1, 2019.
Non-callable.
Winning bid: UMB Bank, at n/a, NIC 1.599%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 9/1/2019 | $555,000 | 2.00% | 1.25% |
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Baker Group, NIC 1.6%
F&M Bank, NIC 2.25%
OREGON
Portland (City)
Jul 12, 2017 $36,000,000
Tax Anticipation Notes, Series 2017 (Fire and Police Disability and Retirement Fund) (book entry).
Dated Jul 20, 2017.
Due Jun 27, 2018.
Purchased $36,000,000.00 by Morgan Stanley, at 2.5%, plus $531,000.00, effective rate 0.9091%.
L.O.: Hawkins, Delafield & Wood, Portland, OR.
F.A.: Municipal Official(s).
Other bidders were:
Wells Fargo Secs, Effective Rate 0.9565%
JPMorgan, Effective Rate 0.9787%
Citigroup, Effective Rate 0.985%
Jefferies, Effective Rate 0.9875%
US Bancorp Invest, Effective Rate 1.0089%
TD Securities, Effective Rate 1.0796%
TEXAS
Bauer Landing Water Control and Improvement District
Jul 12, 2017 $5,700,000
Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Aug 1, 2017.
Due Mar 1, 2020 to 2045.
Callable Mar 1, 2022 at par.
Winning bid: Hilltop Securities, at 97.0600, NIC 3.8177%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 3/1/2020 | $125,000 | 2.00% | 2.00% | ||
| 3/1/2021 | $125,000 | 2.10% | 2.10% | ||
| 3/1/2022 | $125,000 | 2.25% | 2.25% | ||
| 3/1/2023 | $150,000 | 2.35% | 2.35% | ||
| 3/1/2024 | $150,000 | 2.50% | 2.50% | ||
| 3/1/2025 | $150,000 | 2.75% | 2.75% | ||
| 3/1/2026 | $175,000 | 3.00% | 3.00% | ||
| 3/1/2027 | $175,000 | 3.00% | 3.10% | ||
| 3/1/2028 | $175,000 | 3.10% | 3.20% | ||
| 3/1/2029 | $175,000 | 3.25% | 3.30% | ||
| 3/1/2030 | $200,000 | 3.38% | 3.40% | ||
| 3/1/2031 | $200,000 | 3.40% | 3.50% | ||
| 3/1/2032 | $200,000 | 3.50% | 3.60% | ||
| 3/1/2035 | $675,000 | 3.63% | 3.70% | ||
| 3/1/2038 | $750,000 | 3.75% | 3.80% | ||
| 3/1/2041 | $850,000 | 3.75% | 3.90% | ||
| 3/1/2045 | $1,300,000 | 3.88% | 4.00% |
L.O.: Johnson Petrov LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
FMSbonds, NIC 4.0999%
Bissonnet Municipal Utility District
Jul 12, 2017 $4,095,000
Waterworks and Sewer System Combination Unlimited Tax and Revenue Bonds, Series 2017 (bank qualified) (book entry).
Dated Aug 1, 2017.
Due Sep 1, 2030 to 2033.
Callable Sep 1, 2024 at par.
Winning bid: Raymond James, at 98.4701, NIC 3.0527%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 9/1/2030 | $950,000 | 2.75% | 2.80% | MAC | |
| 9/1/2031 | $1,000,000 | 3.00% | 2.90% | MAC | |
| 9/1/2032 | $1,050,000 | 3.00% | 3.00% | MAC | |
| 9/1/2033 | $1,095,000 | 3.00% | 3.05% | MAC |
L.O.: Paul A. Philbin & Assoc., P.C., Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 3.1863%
Robert W. Baird, NIC 3.2813%
FMSbonds, NIC 3.3296%
BOK Fin Secs, NIC 3.4799%
Lewisville Independent School District
Jul 11, 2017 $193,950,000
Unlimited Tax School Building Bonds, Series 2017 (book entry).
Dated Aug 1, 2017.
Due Aug 15, 2018 to 2037.
Callable Aug 15, 2026 at par.
Winning bid: BA Merrill Lynch, at 104.9616, TIC 2.9022%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 8/15/2018 | $8,505,000 | 2.00% | 0.98% | PSF | |
| 8/15/2019 | $8,945,000 | 3.00% | 1.13% | PSF | |
| 8/15/2020 | $9,215,000 | 3.00% | 1.27% | PSF | |
| 8/15/2021 | $9,490,000 | 5.00% | 1.39% | PSF | |
| 8/15/2022 | $9,965,000 | 5.00% | 1.53% | PSF | |
| 8/15/2023 | $7,400,000 | 5.00% | 1.69% | PSF | |
| 8/15/2024 | $7,775,000 | 5.00% | 1.81% | PSF | |
| 8/15/2025 | $8,160,000 | 5.00% | 1.98% | PSF | |
| 8/15/2026 | $8,570,000 | 5.00% | 2.15% | PSF | |
| 8/15/2027 | $8,995,000 | 4.00% | 2.31% | PSF | |
| 8/15/2028 | $9,360,000 | 2.50% | 2.56% | PSF | |
| 8/15/2029 | $9,590,000 | 3.00% | 2.87% | PSF | |
| 8/15/2030 | $9,880,000 | 3.00% | 3.06% | PSF | |
| 8/15/2031 | $10,175,000 | 3.00% | 3.11% | PSF | |
| 8/15/2032 | $10,480,000 | 3.00% | 3.20% | PSF | |
| 8/15/2033 | $10,795,000 | 3.00% | 3.24% | PSF | |
| 8/15/2034 | $11,120,000 | 3.13% | 3.30% | PSF | |
| 8/15/2035 | $11,465,000 | 3.25% | 3.34% | PSF | |
| 8/15/2036 | $11,840,000 | 3.25% | 3.38% | PSF | |
| 8/15/2037 | $12,225,000 | 3.25% | 3.41% | PSF |
Other managers: BOK Financial Securities.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Citigroup, TIC 2.9693%
Wells Fargo Secs, TIC 3.0066%
RBC Capital Mkts, TIC 3.0204%
Robert W. Baird, TIC 3.0281%
Morgan Stanley, TIC 3.062%
JPMorgan, TIC 3.0786%
Montgomery County Municipal Utility District No. 139
Jul 12, 2017 $4,775,000
Unlimited Tax Road Bonds, Series 2017 (bank qualified) (book entry).
Dated Aug 1, 2017.
Due Apr 1, 2018 to 2042.
Callable Apr 1, 2023 at par.
Winning bid: GMS Group, at 97.0000, NIC 3.9122%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 4/1/2018 | $115,000 | 1.50% | 1.50% | ||
| 4/1/2019 | $120,000 | 1.75% | 1.75% | ||
| 4/1/2020 | $125,000 | 2.00% | 2.00% | ||
| 4/1/2021 | $130,000 | 2.20% | 2.20% | ||
| 4/1/2022 | $135,000 | 2.35% | 2.35% | ||
| 4/1/2023 | $140,000 | 2.50% | 2.50% | ||
| 4/1/2024 | $145,000 | 2.65% | 2.65% | ||
| 4/1/2025 | $150,000 | 2.80% | 2.80% | ||
| 4/1/2026 | $160,000 | 3.00% | 3.00% | ||
| 4/1/2027 | $165,000 | 3.13% | 3.13% | ||
| 4/1/2028 | $170,000 | 3.25% | 3.25% | ||
| 4/1/2029 | $180,000 | 3.38% | 3.38% | ||
| 4/1/2031 | $375,000 | 3.40% | 3.50% | ||
| 4/1/2033 | $405,000 | 3.50% | 3.63% | ||
| 4/1/2035 | $440,000 | 3.75% | 3.80% | ||
| 4/1/2038 | $720,000 | 4.00% | 4.00% | ||
| 4/1/2042 | $1,100,000 | 4.00% | 4.05% |
L.O.: Coats, Rose, Yale, Ryman & Lee, P.C, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Houston, TX.
Other bidders were:
FMSbonds, NIC 3.998%
Montgomery County Municipal Utility District No. 15
Jul 12, 2017 $6,765,000
Unlimited Tax Bonds, Series 2017 (bank qualified) (book entry).
Dated Aug 1, 2017.
Due Mar 1, 2021 to 2043.
Callable Mar 1, 2022 at par.
Winning bid: Raymond James, at 97.3503, NIC 3.4825%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 3/1/2021 | $175,000 | 2.25% | 1.80% | AGM | |
| 3/1/2022 | $175,000 | 2.25% | 2.00% | AGM | |
| 3/1/2023 | $175,000 | 2.50% | 2.15% | AGM | |
| 3/1/2024 | $200,000 | 2.50% | 2.25% | AGM | |
| 3/1/2025 | $200,000 | 3.00% | 2.35% | AGM | |
| 3/1/2026 | $225,000 | 3.00% | 2.50% | AGM | |
| 3/1/2027 | $225,000 | 3.00% | 2.65% | AGM | |
| 3/1/2028 | $225,000 | 3.00% | 2.80% | AGM | |
| 3/1/2029 | $250,000 | 3.00% | 2.90% | AGM | |
| 3/1/2030 | $250,000 | 3.00% | 3.00% | AGM | |
| 3/1/2031 | $275,000 | 3.00% | 3.10% | AGM | |
| 3/1/2032 | $275,000 | 3.13% | 3.20% | AGM | |
| 3/1/2033 | $300,000 | 3.13% | 3.30% | AGM | |
| 3/1/2034 | $300,000 | 3.25% | 3.40% | AGM | |
| 3/1/2035 | $300,000 | 3.25% | 3.45% | AGM | |
| 3/1/2036 | $325,000 | 3.25% | 3.50% | AGM | |
| 3/1/2037 | $325,000 | 3.25% | 3.55% | AGM | |
| 3/1/2038 | $375,000 | 3.38% | 3.60% | AGM | |
| 3/1/2039 | $400,000 | 3.50% | 3.62% | AGM | |
| 3/1/2040 | $425,000 | 3.50% | 3.64% | AGM | |
| 3/1/2041 | $425,000 | 3.50% | 3.66% | AGM | |
| 3/1/2042 | $450,000 | 3.63% | 3.68% | AGM | |
| 3/1/2043 | $490,000 | 3.63% | 3.70% | AGM |
L.O.: Young & Brooks, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 3.5889%
Hilltop Securities, NIC 3.631%
Robert W. Baird, NIC 3.7067%
FMSbonds, NIC 3.7115%
Northland Securities, NIC 3.7925%
UTAH
Salt Lake County
Jul 12, 2017 $60,000,000
Tax and Revenue Anticipation Notes, Series 2017 (book entry).
Dated Jul 27, 2017.
Due Dec 28, 2017.
Purchased $60,000,000.00 by Citigroup, at 2.0%, plus $290,400.00, effective rate 0.8423%.
L.O.: Gilmore & Bell, Salt Lake City, UT.
F.A.: Zions Public Finance, Salt Lake City, UT.
Other bidders were:
Wells Fargo Secs, Effective Rate 0.8447%
JPMorgan, Effective Rate 0.8518%
Morgan Stanley, Effective Rate 0.8542%
BA Merrill Lynch, Effective Rate 0.8685%
Jefferies, Effective Rate 0.9162%
George K. Baum, Effective Rate 0.9162%
TD Securities, Effective Rate 0.9353%
KeyBanc Cap Mkts, Effective Rate 0.9376%
US Bancorp Invest, Effective Rate 0.9376%
WISCONSIN
Fox Point Village
Jul 11, 2017 $1,200,000
General Obligation Promissory Notes, Series 2017 (bank qualified) (book entry).
Dated Aug 2, 2017.
Due Apr 1, 2018 to 2027.
Callable Apr 1, 2025 at par.
Winning bid: UMB Bank, at 102.9413, TIC 1.9611%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 4/1/2018 | $180,000 | 1.50% | 1.00% | ||
| 4/1/2019 | $110,000 | 1.50% | 1.13% | ||
| 4/1/2020 | $115,000 | 1.50% | 1.30% | ||
| 4/1/2022 | $150,000 | 1.55% | 1.55% | ||
| 4/1/2023 | $120,000 | 2.50% | 1.70% | ||
| 4/1/2024 | $125,000 | 2.50% | 1.85% | ||
| 4/1/2025 | $130,000 | 3.00% | 1.90% | ||
| 4/1/2026 | $130,000 | 3.00% | 1.90% | ||
| 4/1/2027 | $140,000 | 3.00% | 1.90% |
L.O.: Husch Blackwell LLP, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Bankers' Bank, TIC 2.0674%
Dougherty, TIC 2.1055%
Mesirow Financial, TIC 2.138%
BOK Fin Secs, TIC 2.1518%
Northland Securities, TIC 2.1965%
Bernardi Securities, TIC 2.3719%
Green County
Jul 11, 2017 $9,500,000
General Obligation Building Bonds, Series 2017 (bank qualified) (book entry).
Dated Aug 1, 2017.
Due Dec 1, 2018 to 2036.
Callable Dec 1, 2027 at par.
Winning bid: Cantor Fitzgerald, at 101.9686, TIC 2.7455%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 12/1/2018 | $125,000 | 2.00% | 1.05% | ||
| 12/1/2019 | $425,000 | 2.00% | 1.25% | ||
| 12/1/2020 | $435,000 | 2.00% | 1.35% | ||
| 12/1/2021 | $440,000 | 2.00% | 1.45% | ||
| 12/1/2022 | $450,000 | 2.00% | 1.55% | ||
| 12/1/2023 | $460,000 | 2.00% | 1.70% | ||
| 12/1/2024 | $470,000 | 2.50% | 1.85% | ||
| 12/1/2025 | $480,000 | 2.50% | 2.00% | ||
| 12/1/2026 | $495,000 | 2.50% | 2.10% | ||
| 12/1/2027 | $505,000 | 2.75% | 2.20% | ||
| 12/1/2028 | $520,000 | 3.00% | 2.35% | ||
| 12/1/2029 | $530,000 | 3.00% | 2.50% | ||
| 12/1/2030 | $545,000 | 3.00% | 2.65% | ||
| 12/1/2031 | $560,000 | 3.00% | 2.80% | ||
| 12/1/2032 | $575,000 | 3.00% | 2.90% | ||
| 12/1/2033 | $595,000 | 3.00% | 3.00% | ||
| 12/1/2034 | $610,000 | 3.25% | 3.10% | ||
| 12/1/2035 | $630,000 | 3.25% | 3.20% | ||
| 12/1/2036 | $650,000 | 3.75% | 3.15% |
Other managers: Citigroup Global Markets, Inc., Piper Jaffray & Company.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: PFM Financial Advisors LLC, Milwaukee, WI; and PFM Financial Advisors LLC, Minneapolis, MN.
Other bidders were:
Robert W. Baird, TIC 2.7678%
Wells Fargo Secs, TIC 2.7721%
BOK Fin Secs, TIC 2.815%
Northland Securities, TIC 2.8197%
FTN Fin Cap Mkts, TIC 2.8998%
TAXABLE ISSUES
NEW JERSEY
Cliffside Park Borough
Jul 12, 2017 $2,370,000
General Obligation Bond Anticipation Notes.
Dated Jul 21, 2017.
Due Oct 20, 2017.
Purchased $2,370,000.00 by Passaic Vly Wtr Comm, at 1.8%, effective rate 1.8%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Lerch, Vinci & Higgins, Fair Lawn, NJ.
Other bidders were:
Jefferies, Effective Rate 1.8664%
Oppenheimer, Effective Rate 2.4758%