NEW JERSEY
West Orange Township
Dec 26, 2013 . . . . . . $3,350,000
Tax Appeal Refunding Note Sale (bank qualified).
Dated Dec 31, 2013.
Due Dec 18, 2014.
Purchased $3,350,000.00 by Jefferies, at 1.25%, plus $15,142.00, effective rate 0.782%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
NW Capital, Effective Rate 1.055%
Oppenheimer, Effective Rate 1.182%
NEW YORK
Glenville (Town)
Dec 30, 2013 . . . . . . $775,000
Public Improvement (Serial) Bonds, 2014 and alternative Statutory Installment Bond (SIB) (bank qualified).
Dated Jan 10, 2014.
Due Nov 15, 2014 to 2018.
Non-callable.
Winning bid: Pioneer Comm Bk, at n/a, NIC 1.7359%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
11/15/14 | $40,000 | 0.94% | NRO | ||
11/15/15 | $180,000 | 1.09% | NRO | ||
11/15/16 | $180,000 | 1.35% | NRO | ||
11/15/17 | $185,000 | 1.85% | NRO | ||
11/15/18 | $190,000 | 2.125% | NRO |
L.O.: Roemer, Wallens & Mineaux, LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 1.8538%
Sage Rutty, NIC 2.1254%
FNB of Scotia, NIC 2.1435%
Phoenix Village
Dec 30, 2013 . . . . . . $2,394,000
Bond Anticipation Notes, 2014 (bank qualified).
Dated Oct 10, 2014.
Due Jan 9, 2015.
Purchased $2,394,000.00 by Oppenheimer, at 1.375%, plus $2,280.00, effective rate 1.2795%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
NBT Bank, Effective Rate 1.53%
Roosevelt & Cross, Effective Rate 1.8335%
Jefferies, Effective Rate 1.9217%