MINNESOTA
Frazee-Vargas Independent School District No. 23
Nov 10, 2008 . . . . . . $3,015,000
General Obligation Alternative Facilities Bonds, Series 2008A (Minnesota School District Credit Ehancement Program) (bank qualified) (book entry).
Dated Dec 2, 2008.
Due Feb 1, 2012 to 2019.
Non-callable.
Winning bid: Piper Jaffray, at 109.1786, TIC 4.1878%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/12 | $15,000 | 3.30% | 3.30% | AGC | |
| 2/1/13 | $40,000 | 3.50% | 3.50% | AGC | |
| 2/1/14 | $40,000 | 3.70% | 3.70% | AGC | |
| 2/1/15 | $20,000 | 3.80% | 3.80% | AGC | |
| 2/1/16 | $25,000 | 3.90% | 3.90% | AGC | |
| 2/1/17 | $890,000 | 4.125% | 3.95% | AGC | |
| 2/1/18 | $930,000 | 6.00% | NRO | NRO | AGC |
| 2/1/19 | $1,055,000 | 6.00% | NRO | NRO | AGC |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
Vining-Sparks IBG, TIC 4.19%
Wells Fargo Brkge, TIC 4.2398%
Harmony Economic Development Authority
Nov 10, 2008 . . . . . . $2,580,000
Housing Development Refunding Bonds, Series 2008A (bank qualified) (book entry).
Dated Dec 1, 2008.
Due Dec 1, 2009 to 2026.
Callable Dec 1, 2016 at par.
Winning bid: Northland Securities, at n/a, NIC 4.5123%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/09 | $100,000 | 4.10% | NRO | NRO | AGC |
| 12/1/10 | $105,000 | 4.10% | 3.10% | AGC | |
| 12/1/11 | $105,000 | 4.10% | 3.25% | AGC | |
| 12/1/12 | $110,000 | 4.10% | 3.40% | AGC | |
| 12/1/13 | $115,000 | 4.10% | 3.50% | AGC | |
| 12/1/14 | $120,000 | 4.10% | 3.65% | AGC | |
| 12/1/15 | $125,000 | 4.10% | 3.80% | AGC | |
| 12/1/16 | $130,000 | 4.10% | 3.90% | AGC | |
| 12/1/17 | $135,000 | 4.10% | 4.00% | AGC | |
| 12/1/18 | $140,000 | 4.10% | 4.10% | AGC | |
| 12/1/21 | $465,000 | 4.20% | NRO | NRO | AGC |
| 12/1/23 | $345,000 | 4.40% | NRO | NRO | AGC |
| 12/1/25 | $380,000 | 4.50% | NRO | NRO | AGC |
| 12/1/26 | $205,000 | 4.60% | NRO | NRO | AGC |
Other managers: Bernardi Securities, Inc..
L.O.: Briggs & Morgan, St. Paul, MN.
F.A.: David Drown Associates, Minneapolis, MN.
Other bidders were:
Stifel Nicolaus, NIC 4.9503%
Wells Fargo Brkge, NIC 4.9956%
NEW JERSEY
Deptford Township
Nov 10, 2008 . . . . . . $2,850,950
Bond Anticipation Notes of 2008, Series A (bank qualified).
Dated Nov 18, 2008.
Due Nov 17, 2009.
Purchased $2,850,950.00 by TD Bank, N.A., at 2.95%, effective rate 2.95%.
L.O.: Parker, McCay, P.A., Marlton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, Effective Rate 3.4648%
Beneficial Bk, Effective Rate 3.5%
TEXAS
South Shore Harbour Municipal Utility District No. 7
Nov 10, 2008 . . . . . . $3,950,000
Unlimited Tax Bonds, Series 2008 (bank qualified) (book entry).
Dated Dec 1, 2008.
Due Sep 1, 2010 to 2033.
Callable Sep 1, 2018 at par.
Winning bid: Sterne Agee, at 97.0449, NIC 5.9701%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/10 | $80,000 | 7.50% | NRO | NRO | AGC |
| 9/1/11 | $80,000 | 7.50% | NRO | NRO | AGC |
| 9/1/12 | $90,000 | 7.50% | NRO | NRO | AGC |
| 9/1/13 | $90,000 | 7.50% | NRO | NRO | AGC |
| 9/1/14 | $100,000 | 7.50% | NRO | NRO | AGC |
| 9/1/15 | $100,000 | 7.50% | NRO | NRO | AGC |
| 9/1/16 | $110,000 | 7.50% | NRO | NRO | AGC |
| 9/1/17 | $120,000 | 7.50% | NRO | NRO | AGC |
| 9/1/18 | $130,000 | 7.50% | NRO | NRO | AGC |
| 9/1/22 | $580,000 | 5.50% | NRO | NRO | AGC |
| 9/1/25 | $510,000 | 5.50% | NRO | NRO | AGC |
| 9/1/27 | $410,000 | 5.50% | NRO | NRO | AGC |
| 9/1/30 | $710,000 | 5.625% | NRO | NRO | AGC |
| 9/1/33 | $840,000 | 5.75% | NRO | NRO | AGC |
L.O.: Paul A. Philbin & Assoc., P.C., Houston, TX; and State Attorney General.
F.A.: RBC Capital Markets, Houston, TX.
Other bidders were:
First Southwest, NIC 6.0028%
Vining-Sparks IBG, NIC 6.4027%
RBC Capital Mkts, NIC 6.6152%
WISCONSIN
Herman School District No. 22
Oct 23, 2008 . . . . . . $200,000
Tax & Revenue Anticipation Promissory Notes Series 2008 (bank qualified) (book entry).
Dated Nov 3, 2008.
Due Oct 30, 2009.
Purchased $200,000.00 by Bankers' Bank, at 5.5%, effective rate 5.5%.
L.O.: Quarles & Brady, Madison, WI.
