ILLINOIS
Highland Park (City)
Jan 27, 2014 . . . . . . $10,000,000
General Obligation Bonds, Series 2014 (bank qualified) (book entry).
Dated Feb 10, 2014.
Due Dec 30, 2020 to 2026.
Callable Dec 30, 2021 at par.
Winning bid: Piper Jaffray, at n/a, TIC 2.6248%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/30/20 | $845,000 | 2.25% | 1.75% | ||
| 12/30/21 | $1,300,000 | 2.25% | 2.00% | ||
| 12/30/22 | $1,450,000 | 2.25% | 2.30% | ||
| 12/30/23 | $1,605,000 | 2.50% | 2.50% | ||
| 12/30/24 | $1,665,000 | 2.75% | 2.75% | ||
| 12/30/25 | $1,730,000 | 2.90% | 2.90% | ||
| 12/30/26 | $1,405,000 | 3.05% | 3.05% |
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Raymond James, TIC 2.6269%
KeyBanc Cap Mkts, TIC 2.6287%
Robert W. Baird, TIC 2.6595%
William Blair, TIC 2.6701%
Mesirow Financial, TIC 2.6873%
BOSC, TIC 2.742%
Hutchinson Shockey, TIC 2.9471%
MICHIGAN
Lake Shore Public Schools
Jan 27, 2014 . . . . . . $14,325,000
2014 Refunding Bonds (General Obligation - Unlimited Tax) (book entry).
Dated Feb 19, 2014.
Due Nov 1, 2014 to May 1, 2020.
Non-callable.
Winning bid: Piper Jaffray, at 105.8830, TIC 1.1976%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/14 | $1,480,000 | 2.00% | 0.20% | MSDCE | |
| 5/1/15 | $795,000 | 2.00% | 0.31% | MSDCE | |
| 11/1/15 | $1,615,000 | 2.00% | 0.39% | MSDCE | |
| 5/1/16 | $865,000 | 3.00% | 0.48% | MSDCE | |
| 11/1/16 | $1,625,000 | 3.00% | 0.56% | MSDCE | |
| 5/1/17 | $875,000 | 3.00% | 0.71% | MSDCE | |
| 11/1/17 | $1,600,000 | 3.00% | 0.82% | MSDCE | |
| 5/1/18 | $860,000 | 3.00% | 1.07% | MSDCE | |
| 11/1/18 | $1,530,000 | 3.00% | 1.21% | MSDCE | |
| 5/1/19 | $820,000 | 3.00% | 1.39% | MSDCE | |
| 11/1/19 | $1,470,000 | 3.00% | 1.55% | MSDCE | |
| 5/1/20 | $790,000 | 4.00% | 1.95% | MSDCE |
Other managers: BOSC, Inc..
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Umbaugh LLP, Okemos, MI; and Umbaugh LLP, Lansing, MI.
Other bidders were:
JPMorgan, TIC 1.2473%
Fifth Third Secs, TIC 1.2648%
Robert W. Baird, TIC 1.2931%
Raymond James, TIC 1.3073%
BMO Cap Mkts GKST, TIC 1.3219%
Citigroup, TIC 1.338%
Mesirow Financial, TIC 1.3877%
Hutchinson Shockey, TIC 1.4451%
Leland Public Schools
Jan 27, 2014 . . . . . . $600,000
2014 School Technology and Bus Bonds (General Obligation - Unlimited Tax) (bank qualified) (book entry).
Dated Feb 1, 2014.
Due May 1, 2015 to 2019.
Non-callable.
Winning bid: First Merit, at n/a, TIC 2.15%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/15 | $35,000 | 2.15% | NRO | ||
| 5/1/16 | $70,000 | 2.15% | NRO | ||
| 5/1/17 | $85,000 | 2.15% | NRO | ||
| 5/1/18 | $205,000 | 2.15% | NRO | ||
| 5/1/19 | $205,000 | 2.15% | NRO |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Stauder, Barch & Associates, Inc., Ann Arbor, MI.
Other bidders were:
J.J.B. Hilliard, TIC 2.7552%
Okemos Public Schools
Jan 27, 2014 . . . . . . $7,500,000
2014 School Improvement and Bus Bonds (General Obligation - Unlimited Tax) (book entry).
Dated Feb 18, 2014.
Due May 1, 2015 to 2019.
Non-callable.
Winning bid: Stifel Nicolaus, at 101.4423, TIC 1.0532%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/15 | $1,275,000 | 1.50% | 0.27% | MSDCE | |
| 5/1/16 | $1,490,000 | 1.50% | 0.45% | MSDCE | |
| 5/1/17 | $1,540,000 | 1.50% | 0.64% | MSDCE | |
| 5/1/18 | $1,580,000 | 1.50% | 0.98% | MSDCE | |
| 5/1/19 | $1,615,000 | 1.50% | 1.29% | MSDCE |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Public Financial Management, Inc., Ann Arbor, MI.
Other bidders were:
Hutchinson Shockey, TIC 1.1216%
Piper Jaffray, TIC 1.18%
Fifth Third Secs, TIC 1.1822%
BMO Cap Mkts GKST, TIC 1.2482%
PNC Capital Markets, TIC 1.2759%
Comerica Securities, TIC 1.315%
Robert W. Baird, TIC 1.316%
UBS Financial Svcs, TIC 1.5214%
MINNESOTA
Mankato (City)
Jan 27, 2014 . . . . . . $10,380,000
General Obligation Bonds, Series 2014A (book entry).
Dated Feb 15, 2014.
Due Feb 1, 2015 to 2024.
Callable Feb 1, 2023 at par.
Winning bid: JPMorgan, at 113.7551, TIC 1.9555%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $425,000 | 2.00% | 0.20% | ||
| 2/1/16 | $975,000 | 4.00% | 0.35% | ||
| 2/1/17 | $1,000,000 | 5.00% | 0.55% | ||
| 2/1/18 | $1,025,000 | 5.00% | 0.88% | ||
| 2/1/19 | $1,065,000 | 5.00% | 1.18% | ||
| 2/1/20 | $1,100,000 | 5.00% | 1.60% | ||
| 2/1/21 | $1,135,000 | 5.00% | 1.96% | ||
| 2/1/22 | $1,175,000 | 5.00% | 2.25% | ||
| 2/1/23 | $1,220,000 | 5.00% | 2.47% | ||
| 2/1/24 | $1,260,000 | 3.00% | 2.70% |
Other managers: UBS Financial Services, Inc..
L.O.: Briggs & Morgan, St. Paul, MN; and Briggs & Morgan, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Southwest Securities, TIC 1.9849%
Raymond James, TIC 2.006%
BMO Cap Mkts GKST, TIC 2.0071%
Robert W. Baird, TIC 2.0167%
Janney Montgomery, TIC 2.0187%
Piper Jaffray, TIC 2.0202%
Hutchinson Shockey, TIC 2.0529%
US Bancorp Invest, TIC 2.1493%
St. Louis Park Independent School District No. 283
Jan 27, 2014 . . . . . . $14,900,000
General Obligation School Building Bonds, Series 2014A (MN SD Credit Enhancement Program) (book entry).
Dated Feb 19, 2014.
Due Feb 1, 2015 to 2023.
Non-callable.
Winning bid: FTN Fin Cap Mkts, at 102.0000, TIC 2.4303%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $440,000 | 1.00% | 0.30% | ||
| 2/1/21 | $4,755,000 | 2.00% | 2.05% | ||
| 2/1/22 | $4,780,000 | 3.00% | 2.32% | ||
| 2/1/23 | $4,925,000 | 3.00% | 2.55% |
Other managers: Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., Jefferies LLC, Ramirez & Co., Inc..
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Hutchinson Shockey, TIC 2.4991%
Robert W. Baird, TIC 2.5601%
Piper Jaffray, TIC 2.5877%
NEW JERSEY
Runnemede Borough
Jan 27, 2014 . . . . . . $3,392,000
Bond Anticipation Notes of 2014, Series A (bank qualified).
Dated Feb 4, 2014.
Due Feb 3, 2015.
Purchased $3,392,000.00 by TD Bank, N.A., at 0.7%, effective rate 0.7%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
First Colonial, Effective Rate 0.839%
Jefferies, Effective Rate 1.34%
Oppenheimer, Effective Rate 1.37%
NEW YORK
Mechanicville (City)
Jan 23, 2014 . . . . . . $1,000,000
Bond Anticipation Notes, 2014 (bank qualified) (book entry).
Dated Jan 28, 2014.
Due Jun 30, 2014.
Purchased $1,000,000.00 by Roosevelt & Cross, at 1.75%, effective rate 1.75%.
L.O.: Hiscock & Barclay, LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 2.45%
PENNSYLVANIA
Central Dauphin School District
Jan 27, 2014 . . . . . . $18,115,000
General Obligation Notes, Series of 2014 (book entry).
Dated Mar 6, 2014.
Due Dec 1, 2014 to 2022.
Non-callable.
Winning bid: Janney Montgomery, at n/a, TIC 1.6015%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/14 | $5,000 | 0.30% | 0.30% | ||
| 12/1/15 | $5,000 | 0.40% | 0.40% | ||
| 12/1/16 | $1,205,000 | 1.00% | 0.47% | ||
| 12/1/17 | $2,095,000 | 5.00% | 0.75% | ||
| 12/1/18 | $2,200,000 | 5.00% | 1.13% | ||
| 12/1/19 | $8,460,000 | 5.00% | 1.45% | ||
| 12/1/20 | $3,270,000 | 4.00% | 1.85% | ||
| 12/1/21 | $430,000 | 4.00% | 2.13% | ||
| 12/1/22 | $445,000 | 4.00% | 2.37% |
L.O.: McNees Wallace & Nurick LLC, Harrisburg, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Morgan Stanley, TIC 1.6066%
TD Securities, TIC 1.6089%
Roosevelt & Cross, TIC 1.6137%
JPMorgan, TIC 1.6307%
Piper Jaffray, TIC 1.635%
Robert W. Baird, TIC 1.6815%
WISCONSIN
Menomonie Area School District
Jan 27, 2014 . . . . . . $10,000,000
General Obligation School Improvement Bonds (bank qualified) (book entry).
Dated Mar 3, 2014.
Due Mar 1, 2027 to 2034.
Callable Mar 1, 2023 at par.
Winning bid: Wells Fargo Secs, at 100.0430, TIC 3.7815%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/27 | $1,335,000 | 3.50% | 3.05% | BAM | |
| 3/1/28 | $2,305,000 | 3.75% | 3.20% | BAM | |
| 3/1/29 | $2,395,000 | 3.75% | 3.30% | BAM | |
| 3/1/30 | $930,000 | 3.50% | 3.45% | BAM | |
| 3/1/34 | $3,035,000 | 4.00% | 3.70% | BAM |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Piper Jaffray, TIC 3.8489%
Vining-Sparks IBG, TIC 3.8669%
Raymond James, TIC 3.8859%
BOSC, TIC 3.9425%
Hutchinson Shockey, TIC 3.9823%
Northland Securities, TIC 4.0347%
TAXABLE ISSUES
NEW JERSEY
Haddon Township
Jan 27, 2014 . . . . . . $7,818,332
Taxable Bond Anticipation Notes of 2014, Series A.
Dated Jan 31, 2014.
Due Jan 30, 2015.
Purchased $7,818,330.00 by Jefferies, at 1.0%, plus $7,976.00, effective rate 0.898%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 0.9454%
First Colonial, Effective Rate 0.949%
Roosevelt & Cross, Effective Rate 1.0625%
TD Securities, Effective Rate 1.1315%
