CALIFORNIA
Napa County
Mar 20, 2014 . . . . . . $15,590,000
2014 Certificates of Participation (book entry).
Dated Apr 1, 2014.
Due Jun 1, 2015 to 2024.
Non-callable.
Winning bid: Citigroup, at 109.1200, TIC 2.0706%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/15 | $1,250,000 | 3.00% | 0.15% | ||
| 6/1/16 | $1,385,000 | 3.00% | 0.45% | ||
| 6/1/17 | $1,425,000 | 3.00% | 0.57% | ||
| 6/1/18 | $1,465,000 | 4.00% | 1.13% | ||
| 6/1/19 | $1,525,000 | 4.00% | 1.47% | ||
| 6/1/20 | $1,585,000 | 4.00% | 1.85% | ||
| 6/1/21 | $1,650,000 | 3.00% | 2.11% | ||
| 6/1/22 | $1,700,000 | 4.00% | 2.40% | ||
| 6/1/23 | $1,765,000 | 4.00% | 2.60% | ||
| 6/1/24 | $1,840,000 | 4.00% | 2.75% |
L.O.: Jones Hall, San Francisco, CA.
F.A.: KNN Public Finance, Oakland, CA.
Other bidders were:
Raymond James, TIC 2.0729%
FTN Fin Cap Mkts, TIC 2.1276%
Hutchinson Shockey, TIC 2.163%
William Blair, TIC 2.1677%
Stifel Nicolaus, TIC 2.2005%
Robert W. Baird, TIC 2.2043%
JPMorgan, TIC 2.257%
Morgan Stanley, TIC 2.2796%
US Bancorp Invest, TIC 2.318%
FLORIDA
Florida State Board of Education
Mar 20, 2014 . . . . . . $108,840,000
Public Education Capital Outlay Refunding Bonds 2014 Series A (book entry).
Dated Apr 1, 2014.
Due Jun 1, 2015 to 2026.
Callable Jun 1, 2024 at par.
Winning bid: Morgan Stanley, at 114.5320, TIC 2.4198%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/15 | $6,715,000 | 5.00% | 0.30% | ||
| 6/1/16 | $7,065,000 | 5.00% | 0.40% | ||
| 6/1/17 | $7,445,000 | 5.00% | 0.72% | ||
| 6/1/18 | $7,855,000 | 5.00% | 1.05% | ||
| 6/1/19 | $8,280,000 | 5.00% | 1.37% | ||
| 6/1/20 | $8,735,000 | 5.00% | 1.77% | ||
| 6/1/21 | $9,210,000 | 5.00% | 2.12% | ||
| 6/1/22 | $9,180,000 | 5.00% | 2.40% | ||
| 6/1/23 | $10,220,000 | 5.00% | 2.54% | ||
| 6/1/24 | $10,775,000 | 5.00% | 2.70% | ||
| 6/1/25 | $11,370,000 | 5.00% | 2.82% | ||
| 6/1/26 | $11,990,000 | 3.00% | 3.174% |
Other managers: Raymond James & Associates, Inc., Jefferies LLC, UBS Financial Services, Inc., City Securities Corp., Fidelity Capital Markets, FTN Financial Capital Markets, StockCross Financial Services, Inc..
L.O.: Squire, Sanders & Dempsey (US) LLP, Tampa, FL.
F.A.: Division of Bond Finance, Tallahassee, FL.
Other bidders were:
Citigroup, TIC 2.4321%
Barclays Capital, TIC 2.5337%
JPMorgan, TIC 2.536%
BA Merrill Lynch, TIC 2.5421%
RBC Capital Mkts, TIC 2.5444%
GEORGIA
Downtown Savannah Authority
Mar 20, 2014 . . . . . . $9,970,000
Refunding Revenue Bonds (City of Savannah Project) Series 2014 (book entry).
Dated Apr 21, 2014.
Due Aug 1, 2014 to 2025.
Non-callable.
Winning bid: Stifel Nicolaus, at 106.8235, TIC 2.1834%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/14 | $810,000 | 2.00% | 0.17% | ||
| 8/1/15 | $745,000 | 2.00% | 0.35% | ||
| 8/1/16 | $755,000 | 2.00% | 0.45% | ||
| 8/1/17 | $770,000 | 2.00% | 0.65% | ||
| 8/1/18 | $785,000 | 2.00% | 1.00% | ||
| 8/1/19 | $795,000 | 2.00% | 1.30% | ||
| 8/1/20 | $810,000 | 2.50% | 1.68% | ||
| 8/1/21 | $835,000 | 4.00% | 2.03% | ||
| 8/1/22 | $865,000 | 4.00% | 2.31% | ||
| 8/1/23 | $895,000 | 4.00% | 2.50% | ||
| 8/1/24 | $935,000 | 4.00% | 2.66% | ||
| 8/1/25 | $970,000 | 4.00% | 2.77% |
Other managers: FirstSouthwest, KeyBanc Capital Markets, Alamo Capital.
L.O.: Gray Pannell & Woodward LLP, Savannah, GA.
F.A.: Public Financial Management, Inc., Atlanta, GA; and M. Johnson Consultants, LLC, Atlanta, GA.
Other bidders were:
Robert W. Baird, TIC 2.1868%
BMO Cap Mkts GKST, TIC 2.1997%
Raymond James, TIC 2.23%
BA Merrill Lynch, TIC 2.34%
Citigroup, TIC 2.4311%
JPMorgan, TIC 2.4764%
Hutchinson Shockey, TIC 2.5225%
ILLINOIS
Springfield Park District
Mar 20, 2014 . . . . . . $1,650,000
General Obligation Limited Park Bonds, Series 2014 (bank qualified) (book entry).
Dated Mar 27, 2014.
Due Dec 30, 2015 to 2026.
Non-callable.
Winning bid: Hutchinson Shockey, at n/a, TIC 3.9416%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/30/15 | $180,000 | 5.00% | 0.75% | BAM | |
| 12/30/16 | $240,000 | 5.00% | 1.25% | BAM | |
| 12/30/22 | $100,000 | 4.25% | 3.25% | BAM | |
| 12/30/23 | $100,000 | 4.00% | 3.50% | BAM | |
| 12/30/24 | $200,000 | 3.50% | 3.70% | BAM | |
| 12/30/25 | $620,000 | 3.75% | 3.85% | BAM | |
| 12/30/26 | $210,000 | 4.00% | 4.00% | BAM |
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
IOWA
Storm Lake Community School District
Mar 19, 2014 . . . . . . $6,320,000
General Obligation School Capital Loan Notes, Series 2014 (bank qualified) (book entry).
Dated May 1, 2014.
Due May 1, 2015 to 2026.
Callable May 1, 2019 at par.
Winning bid: UMB Bank, at 100.2900, TIC 2.002%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/15 | $480,000 | 1.50% | 0.25% | ||
| 5/1/16 | $490,000 | 1.50% | 0.40% | ||
| 5/1/17 | $495,000 | 1.50% | 0.65% | ||
| 5/1/18 | $505,000 | 1.50% | 0.90% | ||
| 5/1/19 | $510,000 | 1.50% | 1.20% | ||
| 5/1/20 | $520,000 | 1.50% | 1.50% | ||
| 5/1/21 | $525,000 | 1.75% | 1.75% | ||
| 5/1/22 | $535,000 | 1.90% | 1.90% | ||
| 5/1/23 | $545,000 | 2.10% | 2.10% | ||
| 5/1/24 | $560,000 | 2.30% | 2.30% | ||
| 5/1/25 | $570,000 | 2.45% | 2.45% | ||
| 5/1/26 | $585,000 | 2.65% | 2.65% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Jaffray & Company, Des Moines, IA.
Other bidders were:
Bankers' Bank, TIC 2.035%
Robert W. Baird, TIC 2.0648%
D.A. Davidson, TIC 2.087%
FTN Fin Cap Mkts, TIC 2.1829%
BOSC, TIC 2.2158%
Raymond James, TIC 2.216%
Hutchinson Shockey, TIC 2.2357%
Wells Fargo Secs, TIC 2.3033%
KENTUCKY
Carroll County School District Finance Corporation
Mar 19, 2014 . . . . . . $3,625,000
School Building Revenue Bonds, Series of 2014 (Kentucky School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Mar 1, 2014.
Due Mar 1, 2015 to 2034.
Callable Mar 1, 2024 at par.
Winning bid: J.J.B. Hilliard, at 98.4685, NIC 3.1973%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/19 | $395,000 | 1.00% | 1.00% | ||
| 3/1/20 | $100,000 | 2.00% | 1.65% | ||
| 3/1/21 | $185,000 | 2.00% | 2.01% | ||
| 3/1/22 | $190,000 | 2.25% | 2.30% | ||
| 3/1/23 | $190,000 | 2.50% | 2.50% | ||
| 3/1/24 | $195,000 | 2.50% | 2.65% | ||
| 3/1/25 | $200,000 | 3.00% | 2.75% | ||
| 3/1/26 | $205,000 | 3.00% | 2.90% | ||
| 3/1/27 | $215,000 | 3.00% | 3.00% | ||
| 3/1/28 | $220,000 | 3.00% | 3.10% | ||
| 3/1/29 | $225,000 | 3.00% | 3.20% | ||
| 3/1/34 | $1,305,000 | 3.45% | 3.45% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
Other bidders were:
Robert W. Baird, NIC 3.3618%
Sterne Agee, NIC 3.6192%
Raymond James, NIC 3.6459%
The Kentucky Association of Counties Finance Corporation
Mar 20, 2014 . . . . . . $14,280,000
Financing Program Revenue Bonds, 2014 First Series A (book entry).
Dated Apr 3, 2014.
Due Feb 1, 2015 to 2039.
Callable Feb 1, 2024 at par.
Winning bid: Janney Montgomery, at 100.2805, TIC 3.7862%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $255,000 | 2.00% | 0.40% | ||
| 2/1/16 | $495,000 | 3.00% | 0.55% | ||
| 2/1/17 | $520,000 | 3.00% | 0.82% | ||
| 2/1/18 | $535,000 | 3.00% | 1.15% | ||
| 2/1/19 | $550,000 | 3.00% | 1.50% | ||
| 2/1/20 | $545,000 | 3.00% | 2.00% | ||
| 2/1/21 | $565,000 | 3.00% | 2.38% | ||
| 2/1/22 | $575,000 | 3.00% | 2.66% | ||
| 2/1/23 | $595,000 | 3.00% | 2.85% | ||
| 2/1/24 | $615,000 | 3.00% | 3.00% | ||
| 2/1/25 | $575,000 | 3.00% | 3.12% | ||
| 2/1/26 | $590,000 | 4.00% | 3.25% | ||
| 2/1/27 | $615,000 | 4.00% | 3.50% | ||
| 2/1/28 | $640,000 | 4.00% | 3.62% | ||
| 2/1/29 | $675,000 | 4.00% | 3.78% | ||
| 2/1/30 | $550,000 | 4.00% | 3.90% | ||
| 2/1/31 | $575,000 | 4.00% | 4.00% | ||
| 2/1/32 | $600,000 | 4.00% | 4.05% | ||
| 2/1/33 | $625,000 | 4.00% | 4.10% | ||
| 2/1/34 | $650,000 | 4.00% | 4.15% | ||
| 2/1/37 | $1,685,000 | 4.125% | 4.25% | ||
| 2/1/39 | $1,250,000 | 4.125% | 4.30% |
L.O.: Peck, Shaffer & Williams div of Dinsmore & Shohl LLP, Covington, KY.
F.A.: Civic Finance Advisors LLC, Lexington, KY.
Other bidders were:
Hutchinson Shockey, TIC 3.851%
Robert W. Baird, TIC 3.857%
J.J.B. Hilliard, TIC 3.873%
MICHIGAN
Romulus (City)
Mar 20, 2014 . . . . . . $6,000,000
2014 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Apr 3, 2014.
Due Apr 1, 2015 to 2034.
Callable Apr 1, 2024 at par.
Winning bid: Robert W. Baird, at 100.3670, TIC 3.5696%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/15 | $285,000 | 2.00% | 0.55% | AGM | |
| 4/1/16 | $285,000 | 2.00% | 0.80% | AGM | |
| 4/1/17 | $290,000 | 2.00% | 1.00% | AGM | |
| 4/1/18 | $290,000 | 2.00% | 1.30% | AGM | |
| 4/1/19 | $300,000 | 2.00% | 1.60% | AGM | |
| 4/1/20 | $305,000 | 3.00% | 2.00% | AGM | |
| 4/1/21 | $310,000 | 3.00% | 2.35% | AGM | |
| 4/1/22 | $325,000 | 3.00% | 2.60% | AGM | |
| 4/1/23 | $325,000 | 3.00% | 2.75% | AGM | |
| 4/1/24 | $350,000 | 3.00% | 2.90% | AGM | |
| 4/1/25 | $265,000 | 4.00% | 3.05% | AGM | |
| 4/1/26 | $270,000 | 4.00% | 3.20% | AGM | |
| 4/1/27 | $280,000 | 4.00% | 3.35% | AGM | |
| 4/1/28 | $290,000 | 4.00% | 3.50% | AGM | |
| 4/1/29 | $305,000 | 4.00% | 3.65% | AGM | |
| 4/1/30 | $280,000 | 4.00% | 3.75% | AGM | |
| 4/1/31 | $290,000 | 4.00% | 3.85% | AGM | |
| 4/1/33 | $625,000 | 4.00% | 4.00% | AGM | |
| 4/1/34 | $330,000 | 4.00% | 4.05% | AGM |
Other managers: CL King & Associates, WNJ Capital, Crews & Associates, Inc., Edward Jones, Loop Capital Markets, LLC, Coastal Securities Corp., SAMCO Capital Markets, Vining-Sparks IBG, Limited Partnership, Ross, Sinclaire & Associates LLC, Northland Securities, Inc., Alamo Capital, City Securities Corp., Oppenheimer & Co., Inc., Davenport & Company LLC, Isaak Bond Investments, Inc., J.J.B. Hilliard, W.L. Lyons, Inc..
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Hutchinson, Shockey, Erley & Co., St. Clair Shores, MI.
Other bidders were:
BOSC, TIC 3.9971%
NEW JERSEY
Belvidere (Town)
Mar 20, 2014 . . . . . . $959,571
Tax Appeal Refunding Note (bank qualified).
Dated Mar 26, 2014.
Due Mar 25, 2015.
Purchased $959,570.00 by Valley National Bank, at 0.85%, effective rate 0.85%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
PNC Bank, Effective Rate 1.04%
Jefferies, Effective Rate 1.1416%
Oppenheimer, Effective Rate 1.1957%
Hasbrouck Heights Borough
Mar 20, 2014 . . . . . . $3,200,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Mar 28, 2014.
Due Mar 27, 2015.
Purchased $3,200,000.00 by TD Bank, N.A., at 0.5%, effective rate 0.5%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.5928%
Valley National Bank, Effective Rate 0.64%
TD Securities, Effective Rate 0.655%
Oppenheimer, Effective Rate 0.7007%
Janney Montgomery, Effective Rate 0.7647%
North Haledon Borough
Mar 20, 2014 . . . . . . $5,198,500
General Obligation Bond Anticipation Notes (bank qualified).
Dated Mar 28, 2014.
Due Mar 27, 2015.
Purchased $5,198,500.00 by Valley National Bank, at 0.68%, effective rate 0.68%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.7122%
TD Securities, Effective Rate 0.7423%
Oppenheimer, Effective Rate 0.7546%
Roselle Borough
Mar 20, 2014 . . . . . . $3,526,000
Bond Anticipation Note (bank qualified).
Dated Mar 27, 2014.
Due Mar 26, 2015.
Purchased $3,526,000.00 by Valley National Bank, at 0.65%, effective rate 0.65%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.683%
TD Securities, Effective Rate 0.797%
Oppenheimer, Effective Rate 0.8247%
PNC Bank, Effective Rate 0.87%
Voorhees Township
Mar 20, 2014 . . . . . . $5,795,000
Bond Anticipation Notes of 2014, Series A (bank qualified) (book entry).
Dated Mar 28, 2014.
Due Aug 29, 2014.
Purchased $5,795,000.00 by TD Securities, at 0.75%, plus $13,212.60, effective rate 0.2064%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.2111%
Janney Montgomery, Effective Rate 0.3069%
NW Capital, Effective Rate 0.3592%
Oppenheimer, Effective Rate 0.6114%
Republic Bank, Effective Rate 0.7%
Columbia Savings Bk, Effective Rate 0.75%
NEW YORK
Babylon Village
Mar 20, 2014 . . . . . . $5,440,000
Bond Anticipation Notes for Various Purposes-2014 (bank qualified).
Dated Mar 26, 2014.
Due Mar 26, 2015.
Purchased $5,440,000.00 by Oppenheimer, at 1.25%, plus $18,503.00, effective rate 0.9099%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 1.049%
Roosevelt & Cross, Effective Rate 1.082%
Green Island Village
Mar 20, 2014 . . . . . . $930,000
Bond Anticipation Notes-2014 (bank qualified).
Dated Apr 1, 2014.
Due Apr 1, 2015.
Purchased $930,000.00 by Pioneer Savings Bk, at 0.78%, effective rate 0.78%.
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 0.99%
First Niagara Bank, Effective Rate 1.15%
Oppenheimer, Effective Rate 1.311%
Jefferies, Effective Rate 1.3518%
Roosevelt & Cross, Effective Rate 1.481%
Niagara County
Mar 20, 2014 . . . . . . $390,000
Bond Anticipation Notes, 2014 Series A (Renewals) (bank qualified).
Dated Apr 2, 2014.
Due Apr 2, 2015.
Purchased $390,000.00 by Bank of Greene Co, at 0.79%, effective rate 0.79%.
L.O.: Harris, Beach LLP, Pittsford, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
First Niagara Bank, Effective Rate 0.85%
Roosevelt & Cross, Effective Rate 0.8605%
JPMorgan Chase, Effective Rate 0.92%
M & T Bank, Effective Rate 1.0%
Oppenheimer, Effective Rate 1.8345%
PENNSYLVANIA
Council Rock School District
Mar 20, 2014 . . . . . . $9,820,000
General Obligation Bonds, Series A of 2014 (bank qualified) (book entry). $3,675,000
Dated Apr 24, 2014.
Due May 15, 2015 to 2021.
Callable May 15, 2019 at par.
Winning bid: PNC Capital Markets, at n/a, TIC 1.4226%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/15/18 | $255,000 | 2.00% | 0.90% | ||
| 5/15/19 | $1,040,000 | 3.00% | 1.20% | ||
| 5/15/20 | $1,070,000 | 2.00% | 1.55% | ||
| 5/15/21 | $1,310,000 | 2.00% | 1.55% |
General Obligation Bonds, Series B of 2014 (bank qualified) (book entry). $6,145,000
Dated Apr 24, 2014.
Due Nov 15, 2014 to 2017.
Non-callable.
Winning bid: PNC Capital Markets, at n/a, TIC 1.4226%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/14 | $1,515,000 | 2.00% | 0.15% | ||
| 11/15/15 | $1,550,000 | 2.00% | 0.25% | ||
| 11/15/16 | $1,540,000 | 3.00% | 0.45% | ||
| 11/15/17 | $1,540,000 | 3.00% | 0.76% |
L.O.: King, Spry, Herman, Freund & Faul, Bethlehem, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Janney Montgomery, TIC 1.5599%
Boenning&Scattergood, TIC 1.7159%
BNY Mellon Cap Mkts, TIC 1.9325%
Pottstown School District
Mar 20, 2014 . . . . . . $6,730,000
General Obligations Bonds, Series of 2014 (bank qualified) (book entry).
Dated Apr 25, 2014.
Due Jun 1, 2015 to 2035.
Callable Jun 1, 2019 at par.
Winning bid: Janney Montgomery, at n/a, TIC 4.3453%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/19 | $25,000 | 1.50% | 1.50% | AGM | |
| 6/1/24 | $25,000 | 3.00% | 3.00% | AGM | |
| 6/1/29 | $25,000 | 3.55% | 3.60% | AGM | |
| 6/1/33 | $20,000 | 3.80% | 3.85% | AGM | |
| 6/1/34 | $3,590,000 | 4.15% | 4.15% | AGM | |
| 6/1/35 | $3,045,000 | 4.25% | 4.25% | AGM |
L.O.: Fox Rothschild LLP, Blue Bell, PA.
F.A.: Public Financial Management, Inc., Malvern, PA.
Other bidders were:
Robert W. Baird, TIC 4.3839%
BOSC, TIC 4.4091%
UBS Financial Svcs, TIC 4.5778%
TENNESSEE
Gatlinburg (City)
Mar 20, 2014 . . . . . . $7,465,000
General Obligation Bonds, Series 2014A (bank qualified) (book entry).
Dated Mar 31, 2014.
Due Jun 1, 2016 to 2037.
Callable Jun 1, 2020 at par.
Winning bid: Hutchinson Shockey, at 100.8049, TIC 2.9219%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/16 | $25,000 | 3.00% | 0.40% | ||
| 6/1/17 | $25,000 | 3.00% | 0.65% | ||
| 6/1/18 | $25,000 | 3.00% | 1.00% | ||
| 6/1/19 | $25,000 | 3.00% | 1.20% | ||
| 6/1/20 | $1,075,000 | 2.00% | 1.50% | ||
| 6/1/21 | $1,105,000 | 2.00% | 1.85% | ||
| 6/1/22 | $1,130,000 | 2.00% | 2.00% | ||
| 6/1/23 | $1,155,000 | 3.00% | 2.10% | ||
| 6/1/24 | $170,000 | 2.50% | 2.40% | ||
| 6/1/25 | $170,000 | 2.70% | 2.70% | ||
| 6/1/26 | $175,000 | 3.00% | 2.85% | ||
| 6/1/27 | $180,000 | 3.00% | 3.00% | ||
| 6/1/28 | $190,000 | 3.10% | 3.10% | ||
| 6/1/29 | $195,000 | 3.30% | 3.20% | ||
| 6/1/30 | $200,000 | 3.50% | 3.30% | ||
| 6/1/31 | $205,000 | 3.60% | 3.40% | ||
| 6/1/32 | $215,000 | 3.70% | 3.50% | ||
| 6/1/33 | $220,000 | 3.70% | 3.60% | ||
| 6/1/34 | $230,000 | 3.70% | 3.70% | ||
| 6/1/35 | $240,000 | 3.80% | 3.75% | ||
| 6/1/37 | $510,000 | 4.00% | 3.80% |
L.O.: Bass, Berry & Sims PLC, Knoxville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Wells Fargo Secs, TIC 2.93%
PNC Capital Markets, TIC 2.9524%
SunTrust Robinson, TIC 2.9676%
Robert W. Baird, TIC 2.9739%
FTN Fin Cap Mkts, TIC 2.9879%
Raymond James, TIC 2.9907%
Janney Montgomery, TIC 3.1105%
TEXAS
Buna Independent School District
Mar 20, 2014 . . . . . . $9,745,000
Unlimited Tax School Building Bonds, Series 2014 (bank qualified) (book entry).
Dated Apr 1, 2014.
Due Aug 15, 2016 to 2035.
Callable Aug 15, 2023 at par.
Winning bid: Raymond James, at 101.7470, TIC 3.5509%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/15/16 | $25,000 | 2.25% | 0.50% | PSF | |
| 8/15/17 | $25,000 | 2.25% | 0.75% | PSF | |
| 8/15/23 | $240,000 | 2.25% | 2.00% | PSF | |
| 8/15/29 | $250,000 | 4.00% | 3.05% | PSF | |
| 8/15/30 | $1,405,000 | 3.50% | 3.10% | PSF | |
| 8/15/31 | $1,450,000 | 3.50% | 3.20% | PSF | |
| 8/15/32 | $1,505,000 | 3.50% | 3.35% | PSF | |
| 8/15/33 | $1,555,000 | 3.75% | 3.47% | PSF | |
| 8/15/34 | $1,615,000 | 3.75% | 3.60% | PSF | |
| 8/15/35 | $1,675,000 | 4.00% | 3.63% | PSF |
L.O.: Creighton, Fox, Johnson & Mills, PLLC, Beaumont, TX; and State Attorney General.
F.A.: USCA Municipal Advisors, LLC, Houston, TX; and U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
FTN Fin Cap Mkts, TIC 3.5518%
FirstSouthwest, TIC 3.6602%
Vining-Sparks IBG, TIC 3.6819%
Sterne Agee, TIC 3.7031%
Stifel Nicolaus, TIC 3.7547%
Wells Fargo Secs, TIC 3.7715%
Robert W. Baird, TIC 3.7827%
SAMCO Cap Mkts, TIC 3.8875%
TAXABLE ISSUES
NEW JERSEY
Camden (City)
Mar 20, 2014 . . . . . . $1,600,000
Refunding Bond Anticipation Notes of 2014, Series A (bank qualified).
Dated Mar 28, 2014.
Due Mar 27, 2015.
Purchased $1,600,000.00 by PNC Bank, at 0.87%, effective rate 0.87%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 1.015%
Oppenheimer, Effective Rate 1.2747%
