Results of Competitive Sales

IOWA

Clive (City)

Nov 18, 2010 . . . . . . $5,520,000

Processing Content

General Obligation Refunding Bonds, Series 2010A (bank qualified) (book entry).

Dated Dec 27, 2010.

Due Jun 1, 2012 to 2022.

Callable Jun 1, 2018 at par.

Winning bid: UMB Bank, at 99.2000, TIC 2.6825%.

Due Amount Cpn Yield Conc Ins
6/1/12 $335,000 1.00% NRO NRO
6/1/13 $540,000 1.10% NRO NRO
6/1/14 $515,000 1.25% NRO NRO
6/1/15 $520,000 1.55% NRO NRO
6/1/16 $530,000 1.85% NRO NRO
6/1/17 $545,000 2.20% NRO NRO
6/1/18 $555,000 2.50% NRO NRO
6/1/19 $575,000 2.80% NRO NRO
6/1/20 $585,000 3.10% NRO NRO
6/1/21 $600,000 3.30% NRO NRO
6/1/22 $220,000 3.50% NRO NRO

L.O.: Dorsey & Whitney, Des Moines, IA.

F.A.: Public Financial Management, Inc., Des Moines, IA.

Other bidders were:

Morgan Keegan, TIC 2.6928%

Hutchinson Shockey, TIC 2.8469%

Robert W. Baird, TIC 2.876%

Piper Jaffray, TIC 2.8841%

D.A. Davidson, TIC 2.9342%

Sterne Agee, TIC 2.9544%

Northland Securities, TIC 2.9662%

For reprint and licensing requests for this article, click here.
Competitive sales results
MORE FROM BOND BUYER