MINNESOTA
Granite Falls (City)
Jan 6, 2014 . . . . . . $485,000
General Obligation Equipment Certificates, Series 2014A (bank qualified) (book entry).
Dated Feb 6, 2014.
Due Feb 1, 2015 to 2024.
Callable Feb 1, 2022 at par.
Winning bid: Granite Falls Bank, at n/a, TIC 2.6858%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $45,000 | 0.75% | NRO | ||
| 2/1/16 | $45,000 | 1.10% | NRO | ||
| 2/1/17 | $45,000 | 1.40% | NRO | ||
| 2/1/18 | $45,000 | 1.80% | NRO | ||
| 2/1/19 | $50,000 | 2.10% | NRO | ||
| 2/1/20 | $50,000 | 2.40% | NRO | ||
| 2/1/21 | $50,000 | 2.70% | NRO | ||
| 2/1/22 | $50,000 | 3.00% | NRO | ||
| 2/1/23 | $50,000 | 3.30% | NRO | ||
| 2/1/24 | $55,000 | 3.50% | NRO |
L.O.: Briggs & Morgan, St. Paul, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
United Banker's Bk, TIC 3.0194%
Northland Securities, TIC 3.109%
Howard Lake-Waverly-Winsted Independent School District No. 2687
Jan 6, 2014 . . . . . . $21,315,000
General Obligation School Building Bonds, Series 2014A (MN SD Credit Enhancement Program) (book entry).
Dated Jan 29, 2014.
Due Feb 1, 2015 to 2037.
Callable Feb 1, 2024 at par.
Winning bid: Robert W. Baird, at 100.0126, TIC 4.1223%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $255,000 | 4.00% | 0.28% | ||
| 2/1/16 | $295,000 | 4.00% | 0.40% | ||
| 2/1/17 | $310,000 | 4.00% | 0.65% | ||
| 2/1/18 | $325,000 | 4.00% | 1.00% | ||
| 2/1/19 | $335,000 | 4.00% | 1.40% | ||
| 2/1/20 | $345,000 | 4.00% | 1.80% | ||
| 2/1/21 | $360,000 | 4.00% | 2.20% | ||
| 2/1/22 | $375,000 | 4.00% | 2.50% | ||
| 2/1/23 | $385,000 | 4.00% | 2.70% | ||
| 2/1/24 | $405,000 | 5.00% | 2.90% | ||
| 2/1/25 | $425,000 | 4.00% | 3.15% | ||
| 2/1/26 | $445,000 | 4.00% | 3.30% | ||
| 2/1/27 | $455,000 | 4.00% | 3.50% | ||
| 2/1/28 | $480,000 | 4.00% | 3.65% | ||
| 2/1/29 | $495,000 | 4.00% | 3.75% | ||
| 2/1/30 | $520,000 | 4.00% | 3.85% | ||
| 2/1/31 | $545,000 | 4.00% | 4.00% | ||
| 2/1/32 | $575,000 | 4.00% | 4.05% | ||
| 2/1/33 | $2,530,000 | 4.00% | 4.10% | ||
| 2/1/34 | $2,660,000 | 4.10% | 4.15% | ||
| 2/1/35 | $2,790,000 | 4.125% | 4.20% | ||
| 2/1/36 | $2,930,000 | 4.20% | 4.25% | ||
| 2/1/37 | $3,075,000 | 4.25% | 4.30% |
Other managers: CL King & Associates, Coastal Securities Corp., Fidelity Capital Markets, Kildare Capital, Inc., SAMCO Capital Markets, Edward Jones, Loop Capital Markets, LLC, Crews & Associates, Inc., Cronin & Co., Inc., Davenport & Company LLC, Ross, Sinclaire & Associates LLC, Incapital LLC, Wedbush Securities Inc., Dougherty & Company LLC, Isaak Bond Investments, Inc., R. Seelaus & Co., Inc., Alamo Capital, Oppenheimer & Co., Inc., Northland Securities, Inc., Bernardi Securities, Inc..
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Piper Jaffray, TIC 4.1614%
BMO Cap Mkts GKST, TIC 4.2491%
William Blair, TIC 4.3052%
Mesirow Financial, TIC 4.343%
Wells Fargo Secs, TIC 4.357%
BA Merrill Lynch, TIC 4.3576%
Citigroup, TIC 4.3693%
Hutchinson Shockey, TIC 4.5719%
Yellow Medicine East Independent School District No. 2190
Jan 6, 2014 . . . . . . $730,000
General Obligation Alternative Facilities Bonds, Series 2014A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Jan 23, 2014.
Due Feb 1, 2016 to 2024.
Non-callable.
Winning bid: Granite Falls Bank, at n/a, TIC 2.3508%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/16 | $75,000 | 0.75% | NRO | ||
| 2/1/17 | $75,000 | 1.10% | NRO | ||
| 2/1/18 | $75,000 | 1.40% | NRO | ||
| 2/1/19 | $80,000 | 1.70% | NRO | ||
| 2/1/20 | $80,000 | 2.00% | NRO | ||
| 2/1/21 | $85,000 | 2.30% | NRO | ||
| 2/1/22 | $85,000 | 2.60% | NRO | ||
| 2/1/23 | $85,000 | 2.90% | NRO | ||
| 2/1/24 | $90,000 | 3.20% | NRO |
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Northland Securities, TIC 2.4355%
Cronin, TIC 2.469%
United Banker's Bk, TIC 2.4853%
BOSC, TIC 2.7016%
