Results of Competitive Sales

MASSACHUSETTS

Lynnfield (Town)

Dec 10, 2010 . . . . . . $179,500

Bond Anticipation Notes (bank qualified).

Dated Dec 21, 2010.

Due Jun 30, 2011.

Purchased $179,500.00 by Eastern Bank, at 1.05%, effective rate 1.05%.

F.A.: FirstSouthwest, Boston, MA.

Other bidders were:

UniBank Fiscal Adv, Effective Rate 1.1%

NEW JERSEY

Washington Township (Gloucester County)

Dec 10, 2010 . . . . . . $2,565,000

Bond Anticipation Notes of 2010, Series A (bank qualified).

Dated Dec 20, 2010.

Due Dec 19, 2011.

Purchased $2,565,000.00 by TD Bank, N.A., at 1.19%, effective rate 1.19%.

L.O.: Parker, McCay, P.A., Marlton, NJ.

F.A.: Municipal Official(s).

Other bidders were:

TD Securities, Effective Rate 1.25%

Beneficial Bk, Effective Rate 1.2814%

Janney Montgomery, Effective Rate 1.3599%

Oppenheimer, Effective Rate 1.55%

NEW YORK

Sayville Union Free School District

Dec 10, 2010 . . . . . . $3,380,000

Tax Anticipation Notes, 2010 (bank qualified).

Dated Dec 16, 2010.

Due Jun 30, 2011.

Purchased $3,380,000.00 by JPMorgan Chase, at 0.55%, effective rate 0.55%.

L.O.: Orrick, Herrington & Sutcliffe, New York, NY.

F.A.: Munistat Services, Inc., Port Jefferson, NY.

Other bidders were:

TD Securities, Effective Rate 0.653%

Bridgehampton Bank, Effective Rate 0.79%

Janney Montgomery, Effective Rate 0.8362%

Bridgehampton Bank, Effective Rate 0.86%

Jefferies, Effective Rate 0.8912%

State Bank of LI, Effective Rate 0.9199%

Flushing Comm Bk, Effective Rate 1.0%

Oppenheimer, Effective Rate 1.2291%

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