IOWA
Iowa Valley Community School District
Mar 29, 2012 . . . . . . $1,770,000
General Obligation School Refunding Bonds, Series 2012 (bank qualified) (book entry).
Dated May 15, 2012.
Due Jun 1, 2013 to 2020.
Callable Jun 1, 2017 at par.
Winning bid: UMB Bank, at 99.4810, TIC 1.3123%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/13 | $345,000 | 0.40% | NRO | NRO | |
| 6/1/14 | $345,000 | 0.50% | NRO | NRO | |
| 6/1/15 | $345,000 | 0.70% | NRO | NRO | |
| 6/1/16 | $150,000 | 0.95% | NRO | NRO | |
| 6/1/17 | $140,000 | 1.15% | NRO | NRO | |
| 6/1/18 | $150,000 | 1.40% | NRO | NRO | |
| 6/1/19 | $150,000 | 1.60% | NRO | NRO | |
| 6/1/20 | $145,000 | 1.80% | NRO | NRO |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
Bankers' Bank, TIC 1.3745%
Robert W. Baird, TIC 1.5115%
FTN Fin Cap Mkts, TIC 1.7967%
Grinnell State Bk, TIC 3.2496%
MINNESOTA
Faribault Independent School District No. 656
Mar 29, 2012 . . . . . . $4,500,000
General Obligation Tax and Aid Certificates of Indebtedness, Series 2012A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Apr 26, 2012.
Due Sep 28, 2012 to Mar 28, 2013.
Non-callable.
Winning bid: Piper Jaffray, at 100.4413, NIC 0.3152%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/28/12 | $2,500,000 | 1.00% | 0.26% | ||
| 3/28/13 | $2,000,000 | 1.00% | 0.29% |
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
