IOWA
La Porte City (City)
Nov 30, 2016 . . . . . . $2,190,000
Electric Revenue Bonds, Series 2016 (La Porte City Utilities) (bank qualified) (book entry).
Dated Dec 27, 2016.
Due Jun 1, 2024 to 2036.
Callable Jun 1, 2025 at par.
Winning bid: Hutchinson Shockey, at n/a, TIC n/a.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/26 | $425,000 | 2.75% | 2.75% | ||
| 6/1/29 | $465,000 | 3.25% | 3.25% | ||
| 6/1/32 | $515,000 | 3.50% | 3.50% | ||
| 6/1/36 | $785,000 | 4.00% | 4.00% |
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Speer Financial, Inc., Chicago, IL; and Speer Financial, Inc., Waterloo, IA.
KENTUCKY
Morehead State University
Dec 1, 2016 . . . . . . $6,560,000
General Receipts Bonds, 2016 Series B (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Dec 20, 2016.
Due Nov 1, 2017 to 2036.
Callable May 1, 2026 at par.
Winning bid: Ross Sinclaire, at 100.0993, NIC 3.4262%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/1/17 | $250,000 | 2.00% | 1.20% | ||
| 11/1/18 | $255,000 | 2.00% | 1.50% | ||
| 11/1/19 | $260,000 | 2.00% | 1.70% | ||
| 11/1/20 | $265,000 | 2.00% | 2.00% | ||
| 11/1/21 | $270,000 | 2.00% | 2.15% | ||
| 11/1/22 | $275,000 | 2.25% | 2.30% | ||
| 11/1/23 | $285,000 | 3.00% | 2.45% | ||
| 11/1/24 | $295,000 | 3.00% | 2.60% | ||
| 11/1/25 | $300,000 | 3.00% | 2.70% | ||
| 11/1/26 | $310,000 | 3.00% | 2.80% | ||
| 11/1/27 | $320,000 | 3.00% | 2.90% | ||
| 11/1/32 | $1,785,000 | 3.625% | 3.10% | ||
| 11/1/36 | $1,690,000 | 3.75% | 3.90% |
L.O.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
Other bidders were:
Hutchinson Shockey, NIC 3.8844%
SunTrust Robinson, NIC 3.8987%
MASSACHUSETTS
Natick (Town)
Dec 2, 2016 . . . . . . $2,960,000
General Obligation Bond Anticipation Notes.
Dated Dec 8, 2016.
Due Dec 8, 2017.
Purchased $2,960,000.00 by Century Bk, at 1.45%, plus $8,288.00, effective rate 1.17%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: FirstSouthwest, a Division of Hilltop Securities Inc., Boston, MA.
Other bidders were:
Eastern Bk Cap Mkts, Effective Rate 1.184%
TD Securities, Effective Rate 1.491%
NEW JERSEY
Lavallette Borough
Dec 2, 2016 . . . . . . $1,003,500
Bond Anticipation Notes, Series 2016B.
Dated Dec 9, 2016.
Due Aug 2, 2017.
Purchased $1,003,500.00 by Passaic Vly Wtr Comm, at 1.36%, effective rate 1.36%.
L.O.: Gluck Walrath, LLP, Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Roosevelt & Cross, Effective Rate 1.5961%
Oppenheimer, Effective Rate 2.2046%
