NEW JERSEY
Belleville Township
Jan 17, 2014 . . . . . . $1,410,000
Tax Appeal Refunding Bond Anticipation Notes (bank qualified).
Dated Jan 24, 2014.
Due Jan 23, 2015.
Purchased $1,410,000.00 by Valley National Bank, at 0.85%, effective rate 0.85%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Provident Bank, Effective Rate 1.05%
Oppenheimer, Effective Rate 1.1411%
Janney Montgomery, Effective Rate 1.1668%
PENNSYLVANIA
Ellwood City Area School District
Jan 16, 2014 . . . . . . $6,120,000
General Obligation Bonds, Series of 2014 (bank qualified) (book entry).
Dated Feb 20, 2014.
Due Nov 15, 2015 to 2023.
Callable May 15, 2019 at par.
Winning bid: Janney Montgomery, at n/a, TIC 2.0767%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/15 | $35,000 | 2.00% | 0.40% | AGM | |
| 11/15/16 | $35,000 | 3.00% | 0.55% | AGM | |
| 11/15/17 | $865,000 | 4.00% | 0.80% | AGM | |
| 11/15/18 | $900,000 | 4.00% | 1.20% | AGM | |
| 11/15/19 | $930,000 | 2.00% | 1.55% | AGM | |
| 11/15/20 | $950,000 | 2.00% | 1.95% | AGM | |
| 11/15/21 | $1,010,000 | 2.20% | 2.25% | AGM | |
| 11/15/22 | $1,045,000 | 2.50% | 2.55% | AGM | |
| 11/15/23 | $350,000 | 2.65% | 2.70% | AGM |
L.O.: Clark Hill | Thorp Reed, Pittsburgh, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
PNC Capital Markets, TIC 2.084%
BNY Mellon Cap Mkts, TIC 2.1696%
Raymond James, TIC 2.2599%
Robert W. Baird, TIC 2.2643%
Roosevelt & Cross, TIC 2.3644%
Sterne Agee, TIC 2.4123%
