CONNECTICUT
Connecticut Regional School District No. 4
Mar 20, 2008 . . . . . . $4,000,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Apr 8, 2008.
Due Apr 1, 2009.
Purchased $4,000,000.00 by Eastern Bank, at 2.0%, plus $10,746.89, effective rate 1.726%.
L.O.: Murtha Cullina, Hartford, CT; and Murtha Cullina, New Haven, CT.
F.A.: Dixworks LLC, Avon, CT.
Other bidders were:
Commerce Cap Mkts, Effective Rate 1.731%
J.P. Morgan Chase, Effective Rate 1.8%
Janney Montgomery, Effective Rate 1.8747%
TD Banknorth, N.A., Effective Rate 2.27%
IOWA
Marshalltown (City)
Mar 24, 2008 . . . . . . $5,000,000
General Obligation Bonds, Series 2008B (2015-23 Priced to Par Call) (bank qualified) (book entry).
Dated May 1, 2008.
Due Jun 1, 2009 to 2023.
Callable Jun 1, 2014 at par.
Winning bid: Northland Securities, at n/a, TIC 3.8153%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
6/1/09 | $335,000 | 3.50% | 2.20% | FSA | |
6/1/10 | $335,000 | 3.50% | 2.50% | FSA | |
6/1/11 | $335,000 | 3.50% | 2.80% | FSA | |
6/1/12 | $335,000 | 3.50% | 3.00% | FSA | |
6/1/13 | $335,000 | 3.50% | 3.10% | FSA | |
6/1/14 | $335,000 | 3.50% | 3.20% | FSA | |
6/1/15 | $335,000 | 3.50% | 3.25% | FSA | |
6/1/16 | $335,000 | 3.50% | 3.35% | FSA | |
6/1/17 | $335,000 | 4.00% | 3.50% | FSA | |
6/1/18 | $335,000 | 4.00% | 3.65% | FSA | |
6/1/19 | $335,000 | 4.00% | 3.70% | FSA | |
6/1/20 | $335,000 | 4.00% | 3.75% | FSA | |
6/1/21 | $335,000 | 4.00% | 3.80% | FSA | |
6/1/22 | $335,000 | 4.00% | 3.85% | FSA | |
6/1/23 | $310,000 | 4.00% | 3.90% | FSA |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
UMB Bank, TIC 3.8384%
MICHIGAN
Brighton Area Schools
Mar 19, 2008 . . . . . . $4,400,000
State Aid Notes ( General Obligation Limited Tax) (book entry).
Dated Apr 9, 2008.
Due Mar 5, 2009.
Purchased $4,400,000.00 by Fifth Third Sec, at 3.0%, plus $23,900.00, effective rate 2.4%.
L.O.: Thrun Law Firm, P.C.,, East Lansing, MI.
F.A.: Municipal Official(s).
Other bidders were:
J.P. Morgan Chase, Effective Rate 2.78%
MINNESOTA
East Grand Forks Independent School District No. 595
Mar 24, 2008 . . . . . . $5,990,000
General Obligation Alternative Facilities Bonds, Series 2008A (MN School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Apr 17, 2008.
Due Feb 1, 2010 to 2028.
Callable Feb 1, 2018 at par.
Winning bid: Wells Fargo Brkge, at 100.8951, TIC 3.8738%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
2/1/10 | $225,000 | 3.00% | NRO | NRO | |
2/1/11 | $235,000 | 3.00% | 2.45% | ||
2/1/12 | $240,000 | 3.00% | 2.70% | ||
2/1/13 | $245,000 | 3.00% | 2.85% | ||
2/1/14 | $255,000 | 3.00% | 3.00% | ||
2/1/15 | $260,000 | 3.50% | 3.15% | ||
2/1/16 | $270,000 | 3.50% | NRO | NRO | |
2/1/17 | $280,000 | 3.50% | NRO | NRO | |
2/1/18 | $290,000 | 4.00% | NRO | NRO | |
2/1/19 | $300,000 | 4.00% | 3.65% | ||
2/1/20 | $315,000 | 4.00% | 3.70% | ||
2/1/21 | $325,000 | 4.00% | 3.75% | ||
2/1/22 | $340,000 | 4.00% | 3.80% | ||
2/1/23 | $355,000 | 4.00% | 3.85% | ||
2/1/24 | $375,000 | 4.00% | 3.90% | ||
2/1/26 | $800,000 | 4.25% | 4.00% | ||
2/1/28 | $880,000 | 4.25% | 4.05% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
M & I Bank, TIC 3.8988%
Morgan Keegan, TIC 3.9195%
Robert W. Baird, TIC 3.9255%
UBS Securities, TIC 3.9264%
PNC Capital Markets, TIC 4.0895%
RBC Capital Mkts, TIC 4.103%
NEW MEXICO
Cobre Consolidated School District No. 2
Mar 24, 2008 . . . . . . $435,000
Education Technology General Obligation Lease Purchase Certificates of Participation, Series 2008 (bank qualified) (book entry).
Dated Apr 29, 2008.
Due Aug 1, 2009 to 2012.
Non-callable.
Winning bid: Kious & Co, at n/a, TIC 3.7294%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
8/1/09 | $50,000 | 3.00% | NRO | NRO | |
8/1/10 | $135,000 | 3.05% | NRO | NRO | |
8/1/11 | $200,000 | 4.00% | NRO | NRO | |
8/1/12 | $50,000 | 4.15% | NRO | NRO |
L.O.: Cuddy, Kennedy, Albetta, Ives & Archuleta-Staehlin, LLP, Santa Fe, NM; McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Casey Financial Consulting, Albuquerque, NM.
TEXAS
Harris County Municipal Utility District No. 419
Mar 24, 2008 . . . . . . $8,955,000
Unlimited Tax Bonds, Series 2008 (book entry).
Dated Apr 1, 2008.
Due Sep 1, 2009 to 2034.
Callable Sep 1, 2017 at par.
Winning bid: First Southwest, at 97.0026, NIC 5.4082%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
9/1/09 | $155,000 | 6.35% | 3.20% | RADIA | |
9/1/10 | $165,000 | 6.35% | 3.50% | RADIA | |
9/1/11 | $175,000 | 6.35% | 3.65% | RADIA | |
9/1/12 | $185,000 | 6.35% | 3.80% | RADIA | |
9/1/13 | $195,000 | 6.35% | 3.90% | RADIA | |
9/1/14 | $210,000 | 5.75% | 4.00% | RADIA | |
9/1/15 | $220,000 | 5.75% | 4.10% | RADIA | |
9/1/16 | $230,000 | 5.75% | 4.20% | RADIA | |
9/1/17 | $245,000 | 5.70% | 4.30% | RADIA | |
9/1/18 | $260,000 | 4.90% | 4.40% | RADIA | |
9/1/19 | $275,000 | 4.90% | 4.55% | RADIA | |
9/1/20 | $290,000 | 4.90% | 4.70% | RADIA | |
9/1/21 | $305,000 | 4.90% | 4.80% | RADIA | |
9/1/22 | $325,000 | 4.90% | 4.90% | RADIA | |
9/1/23 | $345,000 | 4.90% | 5.00% | RADIA | |
9/1/24 | $365,000 | 5.05% | 5.05% | RADIA | |
9/1/25 | $385,000 | 5.10% | 5.10% | RADIA | |
9/1/26 | $405,000 | 5.125% | 5.125% | RADIA | |
9/1/27 | $430,000 | 5.15% | 5.15% | RADIA | |
9/1/28 | $455,000 | 5.15% | 5.18% | RADIA | |
9/1/29 | $480,000 | 5.20% | 5.21% | RADIA | |
9/1/30 | $510,000 | 5.20% | 5.25% | RADIA | |
9/1/32 | $1,110,000 | 5.30% | 5.35% | RADIA | |
9/1/34 | $1,235,000 | 5.35% | 5.375% | RADIA |
L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: First Southwest Company, Houston, TX.
Other bidders were:
GMS Group, NIC 5.6659%
Southwest Securities, NIC 5.8573%
FMS Bonds, NIC 6.1452%