ARKANSAS
Dermott Special School District of Chicot County
Jul 29, 2014 . . . . . . $2,120,000
Refunding Bonds (Arkansas State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Sep 1, 2014.
Due Jun 1, 2015 to 2028.
Callable Dec 1, 2016 at par.
Winning bid: Ross Sinclaire, at 98.6186, TIC 2.3273%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/15 | $65,000 | 1.00% | 0.50% | ||
| 6/1/16 | $140,000 | 1.00% | 0.65% | ||
| 6/1/18 | $285,000 | 1.05% | 1.05% | ||
| 6/1/19 | $145,000 | 1.25% | 1.30% | ||
| 6/1/20 | $150,000 | 1.50% | 1.50% | ||
| 6/1/21 | $155,000 | 1.75% | 1.75% | ||
| 6/1/22 | $155,000 | 1.85% | 1.85% | ||
| 6/1/23 | $160,000 | 2.00% | 2.00% | ||
| 6/1/24 | $165,000 | 2.15% | 2.15% | ||
| 6/1/26 | $345,000 | 2.50% | 2.53% | ||
| 6/1/28 | $355,000 | 2.60% | 2.60% |
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: First Security Beardsley Public Finance, Little Rock, AR.
Other bidders were:
Stephens, TIC 2.439%
FTN Fin Cap Mkts, TIC 2.4917%
Raymond James, TIC 2.5145%
Stifel Nicolaus, TIC 2.609%
Sterne Agee, TIC 3.0132%
FLORIDA
Palm Beach County
Jul 29, 2014 . . . . . . $11,865,000
General Obligation Refunding Bonds, Series 2014 (Library District Improvement Projects) (book entry).
Dated Aug 19, 2014.
Due Aug 1, 2017 to 2025.
Non-callable.
Winning bid: Citigroup, at n/a, TIC 1.8466%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $1,080,000 | 5.00% | 0.49% | ||
| 8/1/18 | $1,130,000 | 5.00% | 0.82% | ||
| 8/1/19 | $1,190,000 | 5.00% | 1.16% | ||
| 8/1/20 | $1,250,000 | 5.00% | 1.42% | ||
| 8/1/21 | $1,315,000 | 5.00% | 1.68% | ||
| 8/1/22 | $1,375,000 | 5.00% | 1.90% | ||
| 8/1/23 | $1,445,000 | 5.00% | 2.06% | ||
| 8/1/24 | $1,515,000 | 3.00% | 2.29% | ||
| 8/1/25 | $1,565,000 | 3.00% | 2.40% |
Other managers: Wiley Bros.-Aintree Capital LLC, City Securities Corp., Ramirez & Co., Inc..
L.O.: Greenberg Traurig, P.A., West Palm Beach, FL.
F.A.: Spectrum Municipal Services, Inc., Palm Beach Gardens, FL; and Public Financial Management, Inc., Orlando, FL.
Other bidders were:
Raymond James, TIC 1.8626%
FTN Fin Cap Mkts, TIC 1.868%
PNC Capital Markets, TIC 1.8685%
Janney Montgomery, TIC 1.8801%
Southwest Securities, TIC 1.8812%
JPMorgan, TIC 1.8889%
Piper Jaffray, TIC 1.8955%
BA Merrill Lynch, TIC 1.9118%
Robert W. Baird, TIC 1.9132%
BMO Cap Mkts GKST, TIC 1.9218%
Stifel Nicolaus, TIC 1.9248%
Fifth Third Secs, TIC 1.9385%
Hutchinson Shockey, TIC 1.9414%
Wells Fargo Secs, TIC 1.9573%
FirstSouthwest, TIC 1.9771%
Palm Beach County
Jul 29, 2014 . . . . . . $28,035,000
General Obligation Refunding Bonds, Series 2014 (Waterfront Access Projects) (book entry).
Dated Aug 19, 2014.
Due Aug 1, 2017 to 2026.
Non-callable.
Winning bid: Raymond James, at n/a, TIC 1.9719%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/17 | $2,245,000 | 5.00% | 0.51% | ||
| 8/1/18 | $2,355,000 | 5.00% | 0.84% | ||
| 8/1/19 | $2,475,000 | 5.00% | 1.18% | ||
| 8/1/20 | $2,600,000 | 5.00% | 1.42% | ||
| 8/1/21 | $2,730,000 | 5.00% | 1.69% | ||
| 8/1/22 | $2,865,000 | 5.00% | 1.91% | ||
| 8/1/23 | $3,010,000 | 5.00% | 2.10% | ||
| 8/1/24 | $3,155,000 | 3.00% | 2.29% | ||
| 8/1/25 | $3,250,000 | 3.00% | 2.40% | ||
| 8/1/26 | $3,350,000 | 3.00% | 2.51% |
Other managers: Morgan Stanley & Co., Inc., UBS Financial Services, Inc., Fidelity Capital Markets, Jefferies LLC.
L.O.: Greenberg Traurig, P.A., West Palm Beach, FL.
F.A.: Spectrum Municipal Services, Inc., Palm Beach Gardens, FL; and Public Financial Management, Inc., Orlando, FL.
Other bidders were:
Citigroup, TIC 1.9746%
BA Merrill Lynch, TIC 1.989%
JPMorgan, TIC 1.9919%
FTN Fin Cap Mkts, TIC 1.9948%
Piper Jaffray, TIC 1.9982%
PNC Capital Markets, TIC 2.0074%
Southwest Securities, TIC 2.0095%
Janney Montgomery, TIC 2.0265%
Hutchinson Shockey, TIC 2.0452%
FirstSouthwest, TIC 2.0504%
BMO Cap Mkts GKST, TIC 2.0585%
Goldman Sachs, TIC 2.0624%
Fifth Third Secs, TIC 2.0657%
Robert W. Baird, TIC 2.0737%
Wells Fargo Secs, TIC 2.0858%
William Blair, TIC 2.1133%
INDIANA
Northern Tipton School Building Corporation
Jul 29, 2014 . . . . . . $1,250,000
Ad Valorem Property Tax First Mortgage Bonds, Series 2014 (bank qualified) (book entry).
Dated Aug 14, 2014.
Due Jul 15, 2015 to Jan 15, 2020.
Non-callable.
Winning bid: Star Financial Bk, at n/a, NIC 1.3%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/15 | $120,000 | 1.30% | NRO | ||
| 1/15/16 | $120,000 | 1.30% | NRO | ||
| 7/15/16 | $120,000 | 1.30% | NRO | ||
| 1/15/17 | $125,000 | 1.30% | NRO | ||
| 7/15/17 | $125,000 | 1.30% | NRO | ||
| 1/15/18 | $125,000 | 1.30% | NRO | ||
| 7/15/18 | $125,000 | 1.30% | NRO | ||
| 1/15/19 | $130,000 | 1.30% | NRO | ||
| 7/15/19 | $130,000 | 1.30% | NRO | ||
| 1/15/20 | $130,000 | 1.30% | NRO |
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Educational Services Company, Indianapolis, IN.
Other bidders were:
City Securities, NIC 1.5137%
George K. Baum, NIC 1.5352%
Ross Sinclaire, NIC 1.5505%
J.J.B. Hilliard, NIC 1.6006%
First Farmers Bk, NIC 1.7526%
Huntington Invest, NIC 2.09%
MASSACHUSETTS
Rockport (Town)
Jul 29, 2014 . . . . . . $835,000
General Obligation Bond Anticipation Notes (renewal) (bank qualified).
Dated Aug 15, 2014.
Due Aug 7, 2015.
Purchased $835,000.00 by Eastern Bk Cap Mkts, at 1.0%, plus $5,559.99, effective rate 0.319%.
L.O.: Edwards Wildman Palmer LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Century Bk, Effective Rate 0.6%
Rockport (Town)
Jul 29, 2014 . . . . . . $2,661,000
General Obligation Municipal Purpose Loan of 2014 Bonds (bank qualified) (book entry).
Dated Aug 14, 2014.
Due Aug 1, 2015 to 2029.
Callable Aug 1, 2024 at par.
Winning bid: Fidelity Capital, at 107.9403, TIC 1.9041%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/15 | $421,000 | 5.00% | 0.15% | ||
| 8/1/16 | $380,000 | 5.00% | 0.45% | ||
| 8/1/17 | $325,000 | 5.00% | 0.63% | ||
| 8/1/18 | $310,000 | 5.00% | 0.92% | ||
| 8/1/19 | $190,000 | 5.00% | 1.24% | ||
| 8/1/20 | $170,000 | 5.00% | 1.49% | ||
| 8/1/21 | $165,000 | 3.00% | 1.78% | ||
| 8/1/22 | $125,000 | 2.00% | 2.00% | ||
| 8/1/23 | $120,000 | 2.25% | 2.20% | ||
| 8/1/24 | $90,000 | 2.25% | 2.30% | ||
| 8/1/25 | $90,000 | 2.375% | 2.45% | ||
| 8/1/26 | $85,000 | 2.50% | 2.65% | ||
| 8/1/27 | $70,000 | 3.00% | 2.80% | ||
| 8/1/28 | $65,000 | 3.00% | 2.90% | ||
| 8/1/29 | $55,000 | 3.00% | 3.00% |
Other managers: Raymond James & Associates, Inc., Morgan Stanley & Co., Inc..
L.O.: Edwards Wildman Palmer LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
Other bidders were:
Robert W. Baird, TIC 1.9727%
UBS Financial Svcs, TIC 1.9841%
Sterne Agee, TIC 2.0421%
FTN Fin Cap Mkts, TIC 2.1003%
Hutchinson Shockey, TIC 2.1154%
MICHIGAN
Bay City School District
Jul 29, 2014 . . . . . . $8,400,000
State Aid Notes (Limited Tax General Obligation).
Dated Aug 20, 2014.
Due Aug 20, 2015.
Purchased $8,400,000.00 by PNC Bank, at 0.731%, effective rate 0.731%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
Other bidders were:
Comerica Securities, Effective Rate 0.88%
Chemical Bk & Tr, Effective Rate 0.99%
Independent Bank, Effective Rate 1.1%
Oppenheimer, Effective Rate 1.375%
First Merit, Effective Rate 1.4%
Brooklyn Village
Jul 29, 2014 . . . . . . $630,000
2014 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Aug 14, 2014.
Due May 1, 2015 to 2029.
Callable May 1, 2022 at par.
Winning bid: Hastings City Bank, at n/a, TIC 3.1989%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/15 | $40,000 | 3.20% | NRO | ||
| 5/1/16 | $35,000 | 3.20% | NRO | ||
| 5/1/17 | $35,000 | 3.20% | NRO | ||
| 5/1/18 | $35,000 | 3.20% | NRO | ||
| 5/1/19 | $35,000 | 3.20% | NRO | ||
| 5/1/20 | $40,000 | 3.20% | NRO | ||
| 5/1/21 | $40,000 | 3.20% | NRO | ||
| 5/1/22 | $40,000 | 3.20% | NRO | ||
| 5/1/23 | $45,000 | 3.20% | NRO | ||
| 5/1/24 | $45,000 | 3.20% | NRO | ||
| 5/1/25 | $45,000 | 3.20% | NRO | ||
| 5/1/26 | $45,000 | 3.20% | NRO | ||
| 5/1/27 | $50,000 | 3.20% | NRO | ||
| 5/1/28 | $50,000 | 3.20% | NRO | ||
| 5/1/29 | $50,000 | 3.20% | NRO |
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Umbaugh LLP, Okemos, MI.
Other bidders were:
J.J.B. Hilliard, TIC 3.7938%
Rockford Public Schools
Jul 29, 2014 . . . . . . $5,600,000
State Aid Notes (Limited Tax General Obligation).
Dated Aug 20, 2014.
Due Aug 20, 2015.
Purchased $5,600,000.00 by PNC Bank, at 0.76%, effective rate 0.76%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
Other bidders were:
Huntington Invest, Effective Rate 0.875%
Comerica Securities, Effective Rate 0.91%
Fifth Third Secs, Effective Rate 0.989%
Saline Area Schools
Jul 29, 2014 . . . . . . $3,500,000
State Aid Notes (Limited Tax General Obligation) (bank qualified).
Dated Aug 20, 2014.
Due Aug 20, 2015.
Purchased $3,500,000.00 by PNC Bank, at 0.78%, effective rate 0.78%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
Other bidders were:
Comerica Securities, Effective Rate 0.866%
Oppenheimer, Effective Rate 0.9692%
Bank of Ann Arbor, Effective Rate 1.0%
Huntington Invest, Effective Rate 1.33%
NEW JERSEY
Avon-by-the-Sea Borough
Jul 29, 2014 . . . . . . $650,750
Bond Anticipation Notes (bank qualified).
Dated Aug 7, 2014.
Due Feb 20, 2015.
Purchased $650,750.00 by Two Rivers Wtr Rec, at 0.73%, effective rate 0.73%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Amboy Natl Bk, Effective Rate 0.97%
Janney Montgomery, Effective Rate 0.9945%
Oppenheimer, Effective Rate 1.24%
Investors Savings Bk, Effective Rate 1.25%
Carteret Borough Board of Education
Jul 29, 2014 . . . . . . $916,636
Grant Anticipation Notes (bank qualified).
Dated Aug 5, 2014.
Due Aug 4, 2015.
Purchased $916,640.00 by Oppenheimer, at 1.0%, plus $1,055.00, effective rate 0.8846%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, Effective Rate 0.9873%
Investors Savings Bk, Effective Rate 1.25%
Collingswood Borough
Jul 29, 2014 . . . . . . $185,000
Bond Anticipation Notes of 2014, Series A (bank qualified).
Dated Aug 5, 2014.
Due Aug 4, 2015.
Purchased $185,000.00 by First Colonial, at 0.85%, effective rate 0.85%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
First Elmer Inv Corp, Effective Rate 1.09%
East Brunswick Twp, Effective Rate 1.109%
Janney Montgomery, Effective Rate 1.1547%
Oppenheimer, Effective Rate 1.7359%
Glen Rock Borough
Jul 29, 2014 . . . . . . $1,550,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Aug 5, 2014.
Due Aug 5, 2015.
Purchased $1,550,000.00 by Oppenheimer, at 1.0%, plus $4,266.00, effective rate 0.7248%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Jefferies, Effective Rate 0.9708%
Lower Township
Jul 29, 2014 . . . . . . $4,800,000
Bond Anticipation Note (bank qualified).
Dated Aug 6, 2014.
Due Aug 6, 2015.
Purchased $4,800,000.00 by TD Securities, at 1.0%, plus $25,536.00, effective rate 0.468%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 0.6327%
Jefferies, Effective Rate 0.773%
Sturdy Savings Bk, Effective Rate 1.25%
Robbinsville Township
Jul 29, 2014 . . . . . . $16,522,026
Bond Anticipation Notes, Series 2014A: $3,558,501 General Improvement; $2,472,500 Sewer Utility and $10,491,025Land Acquisition.
Dated Aug 4, 2014.
Due Aug 3, 2015.
Purchased $16,522,030.00 by TD Securities, at 1.0%, plus $139,115.40, effective rate 0.155%.
L.O.: Capehart & Scatchard, P.A, Trenton, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Janney Montgomery, Effective Rate 0.1567%
Jefferies, Effective Rate 0.4033%
Oppenheimer, Effective Rate 0.5075%
Washington Township (Bergen County)
Jul 29, 2014 . . . . . . $1,855,000
Bond Anticipation Note (bank qualified).
Dated Aug 7, 2014.
Due Aug 7, 2015.
Purchased $1,855,000.00 by PNC Bank, at 0.53%, effective rate 0.53%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.57%
Jefferies, Effective Rate 0.6999%
Oppenheimer, Effective Rate 0.7695%
TD Securities, Effective Rate 0.853%
NEW YORK
Covington (Town)
Jul 29, 2014 . . . . . . $495,000
Bond Anticipation Notes, 2014 (bank qualified).
Dated Aug 12, 2014.
Due Aug 11, 2015.
Purchased $495,000.00 by Five Star Bnk, at 1.15%, effective rate 1.15%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.2082%
Roosevelt & Cross, Effective Rate 1.3035%
Gates Chili Central School District
Jul 29, 2014 . . . . . . $1,585,000
School District (Serial) Bonds, 2014 (book entry).
Dated Aug 15, 2014.
Due Jun 15, 2016 to 2019.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 1.0799%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/15/16 | $375,000 | 2.00% | 0.40% | ||
| 6/15/17 | $390,000 | 2.00% | 0.65% | ||
| 6/15/18 | $405,000 | 2.00% | 0.90% | ||
| 6/15/19 | $415,000 | 2.00% | 1.25% |
Other managers: UBS Financial Services, Inc., Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., CL King & Associates, Ross, Sinclaire & Associates LLC, R. Seelaus & Co., Inc..
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Raymond James, NIC 1.085%
BOSC, NIC 1.1045%
BMO Cap Mkts GKST, NIC 1.109%
FTN Fin Cap Mkts, NIC 1.113%
Robert W. Baird, NIC 1.144%
JPMorgan, NIC 2.12%
Hadley-Luzerne Central School District
Jul 29, 2014 . . . . . . $686,340
Bond Anticipation Notes, 2014 (bank qualified).
Dated Aug 8, 2014.
Due Aug 7, 2015.
Purchased $686,340.00 by Bank of Greene Co, at 0.87%, effective rate 0.87%.
L.O.: Hiscock & Barclay, LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Glens Falls Natl Bk, Effective Rate 0.9%
Oppenheimer, Effective Rate 0.9071%
Roosevelt & Cross, Effective Rate 0.9832%
Minisink Valley Central School District
Jul 29, 2014 . . . . . . $3,542,497
Bond Anticipation Notes, 2014.
Dated Aug 6, 2014.
Due Aug 6, 2015.
Purchased $3,542,500.00 by TD Securities, at 1.25%, plus $26,718.28, effective rate 0.494%.
L.O.: Fulbright & Jaworski, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 0.539%
Oppenheimer, Effective Rate 0.6117%
JPMorgan Chase, Effective Rate 0.9%
Ogdensburg Enlarged City School District
Jul 29, 2014 . . . . . . $33,870,000
Bond Anticipation Notes, 2014 (Series B).
Dated Aug 6, 2014.
Due Jun 23, 2015.
Purchased $13,870,000.00 by TD Securities, at 1.0%, plus $65,605.10, effective rate 0.4628%.
Purchased $20,000,000.00 by TD Securities, at 1.0%, plus $104,000.00, effective rate 0.4095%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 0.4769%
Jefferies, Effective Rate 0.5845%
JPMorgan Chase, Effective Rate 0.82%
Orangetown (Town)
Jul 29, 2014 . . . . . . $5,241,000
Public Improvement (Serial) Bonds, 2014 Series A (bank qualified) (book entry).
Dated Aug 7, 2014.
Due Feb 1, 2015 to 2024.
Non-callable.
Winning bid: Janney Montgomery, at n/a, NIC 1.775%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/15 | $526,000 | 2.00% | 0.30% | ||
| 2/1/16 | $480,000 | 3.00% | 0.50% | ||
| 2/1/17 | $480,000 | 2.00% | 0.55% | ||
| 2/1/18 | $495,000 | 2.00% | 0.90% | ||
| 2/1/19 | $510,000 | 2.00% | 1.20% | ||
| 2/1/20 | $525,000 | 2.00% | 1.40% | ||
| 2/1/21 | $535,000 | 2.00% | 1.65% | ||
| 2/1/22 | $550,000 | 2.00% | 1.85% | ||
| 2/1/23 | $565,000 | 2.00% | 2.00% | ||
| 2/1/24 | $575,000 | 2.25% | 2.25% |
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Environmental Capital LLC, New York, NY.
Other bidders were:
Roosevelt & Cross, NIC 1.805%
BMO Cap Mkts GKST, NIC 1.811%
Fidelity Capital, NIC 1.863%
Robert W. Baird, NIC 1.897%
Orchard Park Central School District
Jul 29, 2014 . . . . . . $770,000
School District Bonds, 2014 (SIB or Serial Bonds) (bank qualified).
Dated Aug 12, 2014.
Due Aug 1, 2015 to 2019.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 1.5859%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/15 | $150,000 | 1.00% | 0.50% | ||
| 8/1/16 | $155,000 | 1.25% | 0.70% | ||
| 8/1/17 | $155,000 | 1.50% | 0.90% | ||
| 8/1/18 | $155,000 | 1.75% | 1.20% | ||
| 8/1/19 | $155,000 | 1.75% | 1.40% |
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Bank of Greene Co, NIC 1.6799%
First Niagara Bank, NIC 1.87%
JPMorgan Chase, NIC 2.02%
M & T Bank, NIC 2.73%
Rochester (City)
Jul 29, 2014 . . . . . . $65,150,000
Bond Anticipation Notes, 2014 Series II.
Dated Aug 11, 2014.
Due Aug 10, 2015.
Purchased $10,000,000.00 by Roosevelt & Cross, at 1.0%, plus $73,600.00, effective rate 0.2619%.
Purchased $30,000,000.00 by JPMorgan, at 2.0%, plus $538,800.00, effective rate 0.2619%.
Purchased $25,150,000.00 by JPMorgan, at 2.0%, plus $431,322.50, effective rate 0.2802%.
L.O.: Woods, Oviatt, Gilman LLP, Rochester, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
JPMorgan, Effective Rate 0.2802%
Jefferies, Effective Rate 0.4495%
Wallkill (Town)
Jul 29, 2014 . . . . . . $5,008,000
Bond Anticipation Renewal Notes, 2014 Series C.
Dated Aug 5, 2014.
Due Aug 5, 2015.
Purchased $5,008,000.00 by TD Securities, at 1.25%, plus $38,361.28, effective rate 0.484%.
L.O.: Fulbright & Jaworski, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
TD Bank, N.A., Effective Rate 0.56%
Jefferies, Effective Rate 0.652%
Oppenheimer, Effective Rate 0.8098%
JPMorgan Chase, Effective Rate 0.87%
OHIO
Geauga County
Jul 29, 2014 . . . . . . $3,000,000
Communication System Notes, Series 2014 General Obligation Bond Anticipation Notes (Limited Tax Bonds) (bank qualified) (book entry).
Dated Aug 12, 2014.
Due Aug 12, 2015.
Purchased $3,000,000.00 by PNC Bank, at 0.316%, effective rate 0.316%.
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: Municipal Official(s).
TEXAS
Farmersville (City)
Jul 29, 2014 . . . . . . $2,185,000
General Obligation Refunding and Improvement Bonds, Series 2014 (bank qualified) (book entry).
Dated Jul 15, 2014.
Due Feb 15, 2015 to 2034.
Callable Feb 15, 2024 at par.
Winning bid: BOSC, at 102.3400, TIC 3.0199%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/15 | $115,000 | 2.00% | 0.40% | BAM | |
| 2/15/16 | $110,000 | 2.00% | 0.50% | BAM | |
| 2/15/17 | $120,000 | 2.00% | 0.80% | BAM | |
| 2/15/18 | $120,000 | 2.00% | 1.10% | BAM | |
| 2/15/19 | $120,000 | 2.00% | 1.40% | BAM | |
| 2/15/20 | $125,000 | 2.00% | 1.70% | BAM | |
| 2/15/21 | $130,000 | 2.50% | 1.95% | BAM | |
| 2/15/22 | $130,000 | 3.00% | 2.15% | BAM | |
| 2/15/23 | $135,000 | 3.00% | 2.35% | BAM | |
| 2/15/25 | $280,000 | 3.00% | 2.60% | BAM | |
| 2/15/28 | $235,000 | 3.50% | 3.00% | BAM | |
| 2/15/31 | $265,000 | 3.75% | 3.30% | BAM | |
| 2/15/34 | $300,000 | 4.00% | 3.50% | BAM |
L.O.: Fulbright & Jaworski, Dallas, TX; and State Attorney General.
F.A.: FirstSouthwest, Fort Worth, TX.
Other bidders were:
Citigroup, TIC 3.0415%
Robert W. Baird, TIC 3.0455%
City Securities, TIC 3.0549%
Coastal Securities, TIC 3.1135%
Raymond James, TIC 3.1191%
Bernardi Securities, TIC 3.251%
Fort Bend County Municipal Utility District No. 133
Jul 29, 2014 . . . . . . $12,590,000
Unlimited Tax Bonds, Series 2014 (book entry).
Dated Aug 1, 2014.
Due Sep 1, 2016 to 2038.
Callable Sep 1, 2022 at par.
Winning bid: SAMCO Cap Mkts, at 97.4814, NIC 3.7284%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $500,000 | 2.00% | 0.80% | AGM | |
| 9/1/17 | $500,000 | 2.00% | 1.10% | AGM | |
| 9/1/18 | $500,000 | 2.00% | 1.50% | AGM | |
| 9/1/19 | $500,000 | 2.00% | 1.85% | AGM | |
| 9/1/20 | $500,000 | 2.00% | 2.15% | AGM | |
| 9/1/21 | $500,000 | 3.00% | 2.50% | AGM | |
| 9/1/22 | $500,000 | 3.00% | 2.80% | AGM | |
| 9/1/23 | $500,000 | 3.00% | 3.00% | AGM | |
| 9/1/24 | $500,000 | 3.00% | 3.15% | AGM | |
| 9/1/25 | $500,000 | 3.00% | 3.20% | AGM | |
| 9/1/26 | $500,000 | 3.00% | 3.30% | AGM | |
| 9/1/27 | $500,000 | 3.25% | 3.40% | AGM | |
| 9/1/28 | $500,000 | 3.25% | 3.50% | AGM | |
| 9/1/29 | $500,000 | 3.375% | 3.60% | AGM | |
| 9/1/30 | $500,000 | 3.50% | 3.70% | AGM | |
| 9/1/31 | $500,000 | 3.50% | 3.75% | AGM | |
| 9/1/32 | $500,000 | 3.75% | 3.85% | AGM | |
| 9/1/33 | $500,000 | 3.75% | 3.90% | AGM | |
| 9/1/34 | $500,000 | 3.75% | 4.00% | AGM | |
| 9/1/35 | $500,000 | 4.00% | 4.03% | AGM | |
| 9/1/36 | $590,000 | 4.00% | 4.05% | AGM | |
| 9/1/37 | $1,000,000 | 4.00% | 4.07% | AGM | |
| 9/1/38 | $1,000,000 | 4.00% | 4.10% | AGM |
Other managers: BLNS Securities Limited, Crews & Associates, Inc., Stifel, Nicolaus & Co., Inc., Coastal Securities Corp., Citigroup Global Markets, Inc., WNJ Capital, M. E. Allison & Co., Inc., Ramirez & Co., Inc..
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: FirstSouthwest, Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 3.7945%
Southwest Securities, NIC 3.8826%
Hutchinson Shockey, NIC 3.9305%
Princeton Independent School District
Jul 29, 2014 . . . . . . $7,090,000
Unlimited Tax School Building Bonds, Series 2014 (bank qualified) (book entry).
Dated Jul 15, 2014.
Due Feb 15, 2039 to 2044.
Callable Feb 15, 2024 at par.
Winning bid: Vining-Sparks IBG, at 101.3050, TIC 3.9214%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/15/39 | $1,030,000 | 4.00% | 3.55% | PSF | |
| 2/15/40 | $1,090,000 | 4.00% | 3.575% | PSF | |
| 2/15/41 | $1,145,000 | 4.00% | 3.60% | PSF | |
| 2/15/42 | $1,210,000 | 4.00% | 3.625% | PSF | |
| 2/15/44 | $2,615,000 | 4.00% | 3.65% | PSF |
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: FirstSouthwest, Dallas, TX.
Other bidders were:
Wells Fargo Secs, TIC 4.0149%
RBC Capital Mkts, TIC 4.0262%
Robert W. Baird, TIC 4.0276%
Piper Jaffray, TIC 4.0791%
Raymond James, TIC 4.1339%
Stifel Nicolaus, TIC 4.1352%
Hutchinson Shockey, TIC 4.2573%
BOSC, TIC 4.2576%
VIRGINIA
Virginia Resources Authority
Jul 29, 2014 . . . . . . $42,085,000
State Moral Obligation Revenue Bonds (Virginia Pooled Financing Program) Series 2014B (book entry).
Dated Aug 13, 2014.
Due Nov 1, 2014 to 2038.
Callable Nov 1, 2024 at par.
Winning bid: Morgan Stanley, at 107.1727, TIC 3.023%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/14 | $160,000 | 3.00% | 0.12% | ||
| 11/1/15 | $455,000 | 3.00% | 0.20% | ||
| 11/1/16 | $770,000 | 3.00% | 0.42% | ||
| 11/1/17 | $905,000 | 4.00% | 0.70% | ||
| 11/1/18 | $955,000 | 4.00% | 1.02% | ||
| 11/1/19 | $2,015,000 | 4.00% | 1.37% | ||
| 11/1/20 | $2,105,000 | 4.00% | 1.63% | ||
| 11/1/21 | $2,155,000 | 5.00% | 1.90% | ||
| 11/1/22 | $2,740,000 | 5.00% | 2.11% | ||
| 11/1/23 | $1,820,000 | 5.00% | 2.28% | ||
| 11/1/24 | $2,165,000 | 5.00% | 2.40% | ||
| 11/1/25 | $2,295,000 | 5.00% | 2.53% | ||
| 11/1/26 | $2,135,000 | 3.00% | 2.75% | ||
| 11/1/27 | $2,185,000 | 3.00% | 2.90% | ||
| 11/1/28 | $2,255,000 | 3.00% | 3.00% | ||
| 11/1/29 | $2,165,000 | 3.00% | 3.051% | ||
| 11/1/30 | $2,415,000 | 3.00% | 3.118% | ||
| 11/1/31 | $2,020,000 | 3.00% | 3.199% | ||
| 11/1/32 | $1,930,000 | 3.25% | 3.268% | ||
| 11/1/33 | $1,645,000 | 3.25% | 3.338% | ||
| 11/1/34 | $1,940,000 | 3.25% | 3.405% | ||
| 11/1/35 | $1,485,000 | 4.00% | 3.47% | ||
| 11/1/36 | $2,095,000 | 4.00% | 3.52% | ||
| 11/1/38 | $1,275,000 | 4.00% | 3.60% |
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, UBS Financial Services, Inc..
L.O.: McGuireWoods LLP, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
BA Merrill Lynch, TIC 3.0761%
Citigroup, TIC 3.1326%
Robert W. Baird, TIC 3.1948%
JPMorgan, TIC 3.2197%
Wells Fargo Secs, TIC 3.24%
