IOWA
West Des Moines (City)
Jul 24, 2017 $3,470,000
General Obligation Refunding Bonds, Series 2017E (book entry).
Dated Aug 22, 2017.
Due Jun 1, 2019 to 2029.
Callable Jun 1, 2025 at par.
Winning bid: Morgan Stanley, at 109.5283, TIC 1.9674%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2019 | $240,000 | 5.00% | 1.00% | ||
| 6/1/2020 | $255,000 | 5.00% | 1.10% | ||
| 6/1/2021 | $270,000 | 5.00% | 1.20% | ||
| 6/1/2022 | $285,000 | 5.00% | 1.30% | ||
| 6/1/2023 | $300,000 | 5.00% | 1.45% | ||
| 6/1/2024 | $315,000 | 5.00% | 1.60% | ||
| 6/1/2025 | $335,000 | 5.00% | 1.74% | ||
| 6/1/2026 | $350,000 | 3.00% | 1.90% | ||
| 6/1/2027 | $365,000 | 2.00% | 2.09% | ||
| 6/1/2028 | $370,000 | 2.00% | 2.21% | ||
| 6/1/2029 | $385,000 | 2.25% | 2.40% |
Other managers: Raymond James & Associates, Inc., FTN Financial Capital Markets, Jefferies LLC, Ramirez & Co., Inc., Huntington Investment Company.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
Robert W. Baird, TIC 2.0231%
Hutchinson Shockey, TIC 2.0571%
Fifth Third Secs, TIC 2.1075%
UBS Financial Svcs, TIC 2.3001%
West Des Moines (City)
Jul 24, 2017 $4,665,000
General Obligation Urban Renewal Bonds, Series 2017B (book entry).
Dated Aug 22, 2017.
Due Jun 1, 2018 to 2024.
Non-callable.
Winning bid: Robert W. Baird, at 107.7867, TIC 1.373%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2018 | $645,000 | 2.00% | 0.84% | ||
| 6/1/2019 | $615,000 | 3.00% | 0.94% | ||
| 6/1/2020 | $630,000 | 4.00% | 1.03% | ||
| 6/1/2021 | $660,000 | 3.00% | 1.12% | ||
| 6/1/2022 | $675,000 | 4.00% | 1.22% | ||
| 6/1/2023 | $705,000 | 4.00% | 1.35% | ||
| 6/1/2024 | $735,000 | 3.00% | 1.49% |
Other managers: CL King & Associates, Edward Jones, Dougherty & Company LLC, Fidelity Capital Markets, Crews & Associates, Inc., Ross, Sinclaire & Associates LLC, WNJ Capital, SAMCO Capital Markets, Davenport & Company LLC, Vining-Sparks IBG, Limited Partnership, Duncan-Williams, Inc., Bernardi Securities, Inc., Oppenheimer & Co., Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Country Club Bank, Northland Securities, Inc., Loop Capital Markets, LLC, Wayne Hummer & Co., UMB Bank, N.A.., D.A. Davidson & Co., Sierra Pacific Securities, Alamo Capital, First Empire Securities, Wedbush Securities Inc., IFS Securities, Midland Securities Ltd, FMSbonds, Inc., Commerce Bank, First Kentucky Securities Corp., Isaak Bond Investments, Inc..
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
UBS Financial Svcs, TIC 1.3806%
Fifth Third Secs, TIC 1.392%
Morgan Stanley, TIC 1.3984%
Hutchinson Shockey, TIC 1.3989%
Hilltop Securities, TIC 1.4747%
West Des Moines (City)
Jul 24, 2017 $7,650,000
General Obligation Bonds, Series 2017A (book entry).
Dated Aug 22, 2017.
Due Jun 1, 2018 to 2029.
Callable Jun 1, 2025 at par.
Winning bid: Robert W. Baird, at 101.7227, TIC 1.9682%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2018 | $2,320,000 | 2.00% | 0.83% | ||
| 6/1/2019 | $435,000 | 2.00% | 0.97% | ||
| 6/1/2020 | $440,000 | 2.00% | 1.08% | ||
| 6/1/2021 | $450,000 | 2.00% | 1.17% | ||
| 6/1/2022 | $460,000 | 2.00% | 1.27% | ||
| 6/1/2023 | $470,000 | 2.00% | 1.41% | ||
| 6/1/2024 | $480,000 | 2.00% | 1.56% | ||
| 6/1/2025 | $490,000 | 2.00% | 1.73% | ||
| 6/1/2026 | $505,000 | 2.00% | 1.88% | ||
| 6/1/2027 | $515,000 | 2.25% | 2.05% | ||
| 6/1/2028 | $535,000 | 3.00% | 2.25% | ||
| 6/1/2029 | $550,000 | 3.00% | 2.45% |
Other managers: CL King & Associates, Edward Jones, Dougherty & Company LLC, Fidelity Capital Markets, Crews & Associates, Inc., Ross, Sinclaire & Associates LLC, WNJ Capital, SAMCO Capital Markets, Davenport & Company LLC, Vining-Sparks IBG, Limited Partnership, Duncan-Williams, Inc., Bernardi Securities, Inc., Oppenheimer & Co., Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Country Club Bank, Northland Securities, Inc., Loop Capital Markets, LLC, Wayne Hummer & Co., UMB Bank, N.A.., D.A. Davidson & Co., Sierra Pacific Securities, Alamo Capital, First Empire Securities, Wedbush Securities Inc., IFS Securities, Midland Securities Ltd, FMSbonds, Inc., Commerce Bank, First Kentucky Securities Corp., Isaak Bond Investments, Inc..
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
Piper Jaffray, TIC 1.9777%
Hutchinson Shockey, TIC 1.9927%
Morgan Stanley, TIC 1.9971%
Fifth Third Secs, TIC 2.0579%
UBS Financial Svcs, TIC 2.2402%
West Des Moines (City)
Jul 24, 2017 $9,130,000
General Obligation Urban Renewal Bonds, Series 2017C (book entry).
Dated Aug 22, 2017.
Due Jun 1, 2020 to 2032.
Callable Jun 1, 2025 at par.
Winning bid: Morgan Stanley, at 108.3438, TIC 2.3572%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2020 | $535,000 | 5.00% | 1.05% | ||
| 6/1/2021 | $565,000 | 5.00% | 1.15% | ||
| 6/1/2022 | $590,000 | 5.00% | 1.25% | ||
| 6/1/2023 | $620,000 | 5.00% | 1.40% | ||
| 6/1/2024 | $650,000 | 5.00% | 1.55% | ||
| 6/1/2025 | $685,000 | 5.00% | 1.65% | ||
| 6/1/2026 | $720,000 | 4.00% | 1.80% | ||
| 6/1/2027 | $745,000 | 2.13% | 2.14% | ||
| 6/1/2028 | $765,000 | 2.25% | 2.25% | ||
| 6/1/2029 | $780,000 | 2.50% | 2.50% | ||
| 6/1/2030 | $800,000 | 3.00% | 2.65% | ||
| 6/1/2031 | $825,000 | 3.00% | 2.80% | ||
| 6/1/2032 | $850,000 | 3.00% | 2.90% |
Other managers: Raymond James & Associates, Inc., FTN Financial Capital Markets, Jefferies LLC, Ramirez & Co., Inc., Huntington Investment Company.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
Robert W. Baird, TIC 2.3581%
Hutchinson Shockey, TIC 2.4068%
Fifth Third Secs, TIC 2.4701%
UBS Financial Svcs, TIC 2.4795%
West Des Moines (City)
Jul 24, 2017 $25,555,000
General Obligation Urban Renewal Bonds, Series 2017D (book entry).
Dated Aug 22, 2017.
Due Jun 1, 2020 to 2036.
Callable Jun 1, 2025 at par.
Winning bid: Piper Jaffray, at 105.2875, TIC 2.6899%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2020 | $200,000 | 3.00% | 1.05% | ||
| 6/1/2021 | $100,000 | 3.00% | 1.15% | ||
| 6/1/2022 | $1,200,000 | 5.00% | 1.25% | ||
| 6/1/2023 | $1,420,000 | 5.00% | 1.40% | ||
| 6/1/2024 | $1,450,000 | 5.00% | 1.51% | ||
| 6/1/2025 | $1,485,000 | 5.00% | 1.65% | ||
| 6/1/2026 | $1,520,000 | 3.00% | 1.89% | ||
| 6/1/2027 | $1,565,000 | 2.25% | 2.14% | ||
| 6/1/2028 | $1,605,000 | 3.00% | 2.17% | ||
| 6/1/2029 | $1,660,000 | 3.00% | 2.32% | ||
| 6/1/2030 | $1,710,000 | 3.00% | 2.60% | ||
| 6/1/2031 | $1,770,000 | 3.00% | 2.81% | ||
| 6/1/2032 | $1,830,000 | 3.00% | 2.89% | ||
| 6/1/2033 | $1,900,000 | 3.00% | 2.95% | ||
| 6/1/2034 | $1,970,000 | 3.00% | 3.00% | ||
| 6/1/2035 | $2,045,000 | 3.00% | 3.05% | ||
| 6/1/2036 | $2,125,000 | 3.00% | 3.07% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
Morgan Stanley, TIC 2.697%
Robert W. Baird, TIC 2.7106%
UBS Financial Svcs, TIC 2.7311%
Fifth Third Secs, TIC 2.7465%
Hutchinson Shockey, TIC 2.7616%
Hilltop Securities, TIC 3.0569%
TEXAS
Paris (City)
Jul 24, 2017 $9,750,000
General Obligation Bonds, Series 2017 (bank qualified) (book entry).
Dated Jul 15, 2017.
Due Jun 15, 2018 to 2037.
Callable Jun 15, 2027 at par.
Winning bid: PNC Capital Markets, at 101.5871, TIC 2.6494%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/15/2018 | $410,000 | 3.00% | 0.90% | ||
| 6/15/2019 | $370,000 | 3.00% | 1.05% | ||
| 6/15/2020 | $380,000 | 3.00% | 1.15% | ||
| 6/15/2021 | $390,000 | 3.00% | 1.30% | ||
| 6/15/2022 | $405,000 | 3.00% | 1.40% | ||
| 6/15/2023 | $415,000 | 3.00% | 1.60% | ||
| 6/15/2024 | $430,000 | 3.00% | 1.75% | ||
| 6/15/2025 | $440,000 | 3.00% | 1.90% | ||
| 6/15/2026 | $455,000 | 3.00% | 2.05% | ||
| 6/15/2027 | $470,000 | 3.00% | 2.20% | ||
| 6/15/2028 | $485,000 | 2.13% | 2.30% | ||
| 6/15/2029 | $495,000 | 2.25% | 2.40% | ||
| 6/15/2037 | $4,605,000 | 2.85% | 2.85% |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Dallas, TX; and SAMCO Capital Markets, San Antonio, TX.
Other bidders were:
Citigroup, TIC 2.6707%
Robert W. Baird, TIC 2.7055%
Raymond James, TIC 2.7108%
Northland Securities, TIC 2.7323%
SunTrust Robinson, TIC 2.7358%
Wells Fargo Secs, TIC 2.7889%
FTN Fin Cap Mkts, TIC 2.95%
WASHINGTON
King County
Jul 24, 2017 $33,460,000
Limited Tax General Obligation Bonds, 2017 Series B (book entry).
Dated Aug 10, 2017.
Due Jun 1, 2018 to 2037.
Callable Jun 1, 2027 at par.
Winning bid: JPMorgan, at 114.7806, TIC 1.8492%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 6/1/2018 | $2,685,000 | 3.00% | 0.85% | ||
| 6/1/2019 | $3,410,000 | 5.00% | 0.93% | ||
| 6/1/2020 | $3,600,000 | 5.00% | 1.02% | ||
| 6/1/2021 | $3,750,000 | 4.00% | 1.11% | ||
| 6/1/2022 | $3,920,000 | 5.00% | 1.20% | ||
| 6/1/2023 | $4,125,000 | 5.00% | 1.33% | ||
| 6/1/2024 | $4,330,000 | 5.00% | 1.46% | ||
| 6/1/2025 | $1,675,000 | 5.00% | 1.60% | ||
| 6/1/2026 | $1,760,000 | 5.00% | 1.74% | ||
| 6/1/2027 | $515,000 | 5.00% | 1.89% | ||
| 6/1/2028 | $305,000 | 4.00% | 2.10% | ||
| 6/1/2029 | $320,000 | 4.00% | 2.25% | ||
| 6/1/2030 | $330,000 | 4.00% | 2.45% | ||
| 6/1/2031 | $345,000 | 4.00% | 2.62% | ||
| 6/1/2032 | $360,000 | 4.00% | 2.74% | ||
| 6/1/2033 | $375,000 | 4.00% | 2.80% | ||
| 6/1/2034 | $390,000 | 4.00% | 2.86% | ||
| 6/1/2035 | $405,000 | 4.00% | 2.89% | ||
| 6/1/2036 | $420,000 | 4.00% | 2.92% | ||
| 6/1/2037 | $440,000 | 4.00% | 2.94% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Hillis Clark Martin & Peterson P.S., Seattle, WA.
F.A.: Piper Jaffray & Company, Seattle, WA.
Other bidders were:
Morgan Stanley, TIC 1.8595%
Fidelity Capital, TIC 1.8748%
Hutchinson Shockey, TIC 1.8846%
Wells Fargo Secs, TIC 1.889%
FTN Fin Cap Mkts, TIC 1.8934%
Fifth Third Secs, TIC 1.8953%
Goldman Sachs, TIC 1.8953%
Robert W. Baird, TIC 1.8992%
US Bancorp Invest, TIC 1.91%
Stifel Nicolaus, TIC 1.9114%
Mesirow Financial, TIC 1.9157%
Citigroup, TIC 1.9285%
BA Merrill Lynch, TIC 1.942%
Hilltop Securities, TIC 1.9706%
WISCONSIN
New Berlin School District
Jul 24, 2017 $4,000,000
General Obligation School Improvement Bonds, Series 2017 (bank qualified) (book entry).
Dated Aug 10, 2017.
Due Mar 1, 2018 to 2032.
Callable Mar 1, 2025 at par.
Winning bid: Robert W. Baird, at 102.6999, TIC 2.5476%.
| Due | Amount | Cpn | Yield | Conc | Ins |
| 3/1/2018 | $285,000 | 2.00% | 0.90% | ||
| 3/1/2019 | $215,000 | 2.00% | 1.05% | ||
| 3/1/2020 | $225,000 | 2.00% | 1.15% | ||
| 3/1/2021 | $230,000 | 2.00% | 1.25% | ||
| 3/1/2022 | $240,000 | 3.00% | 1.35% | ||
| 3/1/2023 | $245,000 | 3.00% | 1.50% | ||
| 3/1/2024 | $250,000 | 3.00% | 1.65% | ||
| 3/1/2025 | $260,000 | 3.00% | 1.80% | ||
| 3/1/2026 | $270,000 | 3.00% | 1.95% | ||
| 3/1/2027 | $275,000 | 3.00% | 2.05% | ||
| 3/1/2028 | $285,000 | 3.00% | 2.20% | ||
| 3/1/2029 | $290,000 | 3.00% | 2.35% | ||
| 3/1/2030 | $300,000 | 3.00% | 2.50% | ||
| 3/1/2031 | $310,000 | 3.00% | 2.65% | ||
| 3/1/2032 | $320,000 | 3.00% | 2.75% |
Other managers: CL King & Associates, Vining-Sparks IBG, Limited Partnership, Dougherty & Company LLC, Edward Jones, Loop Capital Markets, LLC, SAMCO Capital Markets, Fidelity Capital Markets, WNJ Capital, Crews & Associates, Inc., Davenport & Company LLC, Ross, Sinclaire & Associates LLC, Country Club Bank, Duncan-Williams, Inc., SumRidge Partners, LLC, R. Seelaus & Co., Inc., Sierra Pacific Securities, Alamo Capital, IFS Securities, Isaak Bond Investments, Inc., Bernardi Securities, Inc., Oppenheimer & Co., Inc., Midland Securities Ltd, First Empire Securities, W.H. Mell Associates, Inc., Wayne Hummer & Co., Wedbush Securities Inc., FMSbonds, Inc., First Kentucky Securities Corp., Central States Capital Markets, LLC.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: PMA Securities, Inc., Milwaukee, WI.
Other bidders were:
UMB Bank, TIC 2.5561%
Northland Securities, TIC 2.5907%
BOK Fin Secs, TIC 2.6198%