MASSACHUSETTS
Franklin Regional Transit Authority
Jul 28, 2014 . . . . . . $1,200,000
General Obligation Revenue Anticipation Notes (bank qualified) (book entry).
Dated Aug 12, 2014.
Due Aug 12, 2015.
Purchased $1,200,000.00 by Oppenheimer, at 1.0%, plus $6,178.00, effective rate 0.4851%.
L.O.: Edwards Wildman Palmer LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 0.489%
Easthampton Svgs Bk, Effective Rate 0.5%
UniBank Fiscal Adv, Effective Rate 0.6%
People's United Bk, Effective Rate 0.65%
Jefferies, Effective Rate 0.683%
TD Securities, Effective Rate 0.728%
MICHIGAN
Gobles Public Schools
Jul 28, 2014 . . . . . . $4,730,000
2014 School Building and Site Bonds, Series I (General Obligation-Unlimited Tax) (bank qualified).
Dated Aug 19, 2014.
Due May 1, 2017 to 2029.
Callable May 1, 2024 at par.
Winning bid: J.J.B. Hilliard, at 101.7220, TIC 2.6777%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/17 | $360,000 | 2.00% | 0.70% | ||
| 5/1/18 | $360,000 | 2.00% | 1.13% | ||
| 5/1/19 | $360,000 | 2.50% | 1.47% | ||
| 5/1/20 | $365,000 | 2.50% | 1.65% | ||
| 5/1/21 | $365,000 | 3.00% | 2.00% | ||
| 5/1/22 | $365,000 | 3.00% | 2.25% | ||
| 5/1/23 | $365,000 | 3.00% | 2.45% | ||
| 5/1/24 | $365,000 | 3.00% | 2.60% | ||
| 5/1/25 | $365,000 | 3.00% | 2.75% | ||
| 5/1/26 | $365,000 | 3.00% | 2.85% | ||
| 5/1/27 | $365,000 | 3.00% | 3.00% | ||
| 5/1/28 | $365,000 | 3.00% | 3.10% | ||
| 5/1/29 | $365,000 | 3.125% | 3.20% |
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Stauder, Barch & Associates, Inc., Ann Arbor, MI.
Other bidders were:
Robert W. Baird, TIC 2.7354%
Stifel Nicolaus, TIC 2.7609%
Huntington Invest, TIC 2.8567%
Chemical Bk & Tr, TIC 2.8662%
Comerica Securities, TIC 2.8777%
BOSC, TIC 2.9225%
Hutchinson Shockey, TIC 2.9239%
BMO Cap Mkts GKST, TIC 3.0331%
Fifth Third Secs, TIC 3.0663%
MINNESOTA
East Grand Forks Independent School District No. 595
Jul 28, 2014 . . . . . . $3,000,000
General Obligation Aid Anticipation Certificates of Indebtedness of 2014 (Minnesota State Credit Enhancement Program) (bank qualified) (book entry).
Dated Aug 13, 2014.
Due Sep 11, 2015.
Purchased $3,000,000.00 by Jefferies, at 1.25%, plus $29,160.00, effective rate 0.3445%.
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Oppenheimer, Effective Rate 0.4205%
Swift County-Benson Hospital District
Jul 28, 2014 . . . . . . $6,145,000
Hospital Revenue Refunding Bonds, Series 2014 (Swift County General Obligation) (bank qualified) (book entry).
Dated Aug 15, 2014.
Due Feb 1, 2016 to 2034.
Callable Feb 1, 2022 at par.
Winning bid: Northland Securities, at 100.0087, TIC 3.1608%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/16 | $250,000 | 2.00% | 0.50% | ||
| 2/1/17 | $265,000 | 2.00% | 0.75% | ||
| 2/1/18 | $265,000 | 2.00% | 1.05% | ||
| 2/1/19 | $270,000 | 2.00% | 1.40% | ||
| 2/1/20 | $275,000 | 2.00% | 1.70% | ||
| 2/1/21 | $280,000 | 2.00% | 2.00% | ||
| 2/1/22 | $290,000 | 2.50% | 2.10% | ||
| 2/1/23 | $300,000 | 2.50% | 2.25% | ||
| 2/1/24 | $305,000 | 2.75% | 2.40% | ||
| 2/1/25 | $315,000 | 3.00% | 2.60% | ||
| 2/1/26 | $330,000 | 3.00% | 2.80% | ||
| 2/1/27 | $335,000 | 3.00% | 3.00% | ||
| 2/1/28 | $345,000 | 3.10% | 3.10% | ||
| 2/1/29 | $355,000 | 3.20% | 3.20% | ||
| 2/1/30 | $370,000 | 3.30% | 3.30% | ||
| 2/1/31 | $385,000 | 3.50% | 3.35% | ||
| 2/1/32 | $395,000 | 3.75% | 3.40% | ||
| 2/1/34 | $815,000 | 3.75% | 3.50% |
L.O.: Faegre Baker Daniels LLP, Minneapolis, MN.
F.A.: Public Financial Management, Inc., Minneapolis, MN.
Other bidders were:
Piper Jaffray, TIC 3.388%
Hutchinson Shockey, TIC 3.4625%
NEW JERSEY
Lopatcong Township
Jul 28, 2014 . . . . . . $1,085,000
Tax Appeal Refunding Note (bank qualified).
Dated Jul 31, 2014.
Due Apr 6, 2015.
Purchased $1,085,000.00 by Valley National Bank, at 0.83%, effective rate 0.83%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 0.8313%
Janney Montgomery, Effective Rate 1.0598%
Southampton Township
Jul 28, 2014 . . . . . . $4,069,260
Bond Anticipation Notes of 2014, Series A (bank qualified).
Dated Aug 5, 2014.
Due Aug 4, 2015.
Purchased $4,069,260.00 by Passaic Vly Wtr Comm, at 0.797%, effective rate 0.797%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 0.8716%
TD Securities, Effective Rate 0.902%
Jefferies, Effective Rate 1.4217%
TEXAS
Fort Bend County Municipal Utility District No. 134C
Jul 28, 2014 . . . . . . $6,175,000
Unlimited Tax Road Bonds, Series 2014 (book entry).
Dated Aug 1, 2014.
Due Sep 1, 2015 to 2038.
Callable Sep 1, 2022 at par.
Winning bid: SAMCO Cap Mkts, at 97.7500, NIC 3.7155%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/15 | $260,000 | 2.00% | 0.60% | BAM | |
| 9/1/16 | $260,000 | 2.00% | 0.90% | BAM | |
| 9/1/17 | $260,000 | 2.00% | 1.20% | BAM | |
| 9/1/18 | $260,000 | 2.00% | 1.55% | BAM | |
| 9/1/19 | $260,000 | 2.00% | 1.90% | BAM | |
| 9/1/20 | $260,000 | 3.00% | 2.20% | BAM | |
| 9/1/21 | $260,000 | 3.00% | 2.50% | BAM | |
| 9/1/22 | $260,000 | 3.00% | 2.80% | BAM | |
| 9/1/24 | $520,000 | 3.00% | 3.10% | BAM | |
| 9/1/26 | $515,000 | 3.00% | 3.27% | BAM | |
| 9/1/28 | $510,000 | 3.25% | 3.50% | BAM | |
| 9/1/30 | $510,000 | 3.50% | 3.70% | BAM | |
| 9/1/32 | $510,000 | 3.75% | 3.85% | BAM | |
| 9/1/34 | $510,000 | 4.00% | 4.00% | BAM | |
| 9/1/36 | $510,000 | 4.00% | 4.05% | BAM | |
| 9/1/38 | $510,000 | 4.00% | 4.125% | BAM |
Other managers: Crews & Associates, Inc., BLNS Securities Limited, Stifel, Nicolaus & Co., Inc., Coastal Securities Corp., M. E. Allison & Co., Inc..
L.O.: Coats, Rose, Yale, Ryman & Lee, P.C, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, Houston, TX.
Other bidders were:
Southwest Securities, NIC 3.7735%
Hutchinson Shockey, NIC 3.8543%
RBC Capital Mkts, NIC 3.8652%
BOSC, NIC 3.9496%
Watauga (City)
Jul 28, 2014 . . . . . . $3,500,000
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2014 (bank qualified) (book entry).
Dated Aug 1, 2014.
Due Feb 1, 2015 to 2034.
Callable Feb 1, 2023 at par.
Winning bid: Frost Bank, at 101.9858, TIC 2.7487%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $130,000 | 1.00% | 0.35% | ||
| 2/1/16 | $100,000 | 1.00% | 0.45% | ||
| 2/1/17 | $85,000 | 2.00% | 0.80% | ||
| 2/1/18 | $85,000 | 2.00% | 1.20% | ||
| 2/1/19 | $180,000 | 2.00% | 1.35% | ||
| 2/1/20 | $180,000 | 2.00% | 1.60% | ||
| 2/1/21 | $515,000 | 2.25% | 1.85% | ||
| 2/1/22 | $900,000 | 2.50% | 2.00% | ||
| 2/1/23 | $100,000 | 3.00% | 2.30% | ||
| 2/1/24 | $100,000 | 3.00% | 2.40% | ||
| 2/1/25 | $100,000 | 3.00% | 2.50% | ||
| 2/1/26 | $100,000 | 3.00% | 2.70% | ||
| 2/1/27 | $105,000 | 3.50% | 2.85% | ||
| 2/1/28 | $105,000 | 3.50% | 2.95% | ||
| 2/1/30 | $225,000 | 3.50% | 3.05% | ||
| 2/1/32 | $235,000 | 3.50% | 3.30% | ||
| 2/1/34 | $255,000 | 3.50% | 3.50% |
L.O.: Fulbright & Jaworski, San Antonio, TX; and State Attorney General.
F.A.: Southwest Securities, Inc., San Antonio, TX.
Other bidders were:
Robert W. Baird, TIC 2.8076%
Sterne Agee, TIC 2.8316%
Raymond James, TIC 2.8448%
Stifel Nicolaus, TIC 2.8809%
FTN Fin Cap Mkts, TIC 2.8918%
Bernardi Securities, TIC 2.8959%
FirstSouthwest, TIC 2.8989%
SAMCO Cap Mkts, TIC 2.9281%
WISCONSIN
Menasha (Town)
Jul 28, 2014 . . . . . . $3,835,000
General Obligation Promissory Notes (bank qualified) (book entry).
Dated Aug 18, 2014.
Due Apr 1, 2015 to 2024.
Callable Apr 1, 2021 at par.
Winning bid: Fidelity Capital, at 101.5067, TIC 1.68%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/15 | $175,000 | 2.00% | 0.20% | ||
| 4/1/16 | $125,000 | 2.00% | 0.35% | ||
| 4/1/17 | $550,000 | 2.00% | 0.58% | ||
| 4/1/18 | $625,000 | 2.00% | 0.95% | ||
| 4/1/19 | $650,000 | 2.00% | 1.28% | ||
| 4/1/20 | $650,000 | 2.00% | 1.50% | ||
| 4/1/21 | $340,000 | 2.00% | 1.75% | ||
| 4/1/22 | $225,000 | 2.00% | 2.00% | ||
| 4/1/23 | $325,000 | 2.00% | 2.20% | ||
| 4/1/24 | $170,000 | 2.00% | 2.35% |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Raymond James, TIC 1.7019%
Piper Jaffray, TIC 1.7199%
Janney Montgomery, TIC 1.727%
BOSC, TIC 1.7597%
BMO Cap Mkts GKST, TIC 1.768%
Wells Fargo Secs, TIC 1.8023%
Hutchinson Shockey, TIC 1.8235%
FTN Fin Cap Mkts, TIC 1.8351%
Vining-Sparks IBG, TIC 1.8589%
City Securities, TIC 1.888%
Stifel Nicolaus, TIC 1.8986%
