MASSACHUSETTS
Chicopee (City)
Sep 19, 2008 . . . . . . $4,000,000
Bond Anticipation Notes (renewal) (bank qualified).
Dated Sep 25, 2008.
Due Sep 25, 2009.
Purchased $3,500,000.00 by Bank of Western Mass, at 2.62%, plus $5,250.00, effective rate 2.47%.
Purchased $500,000.00 by Bank of America, at 2.8%, plus $750.00, effective rate 2.65%.
L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.
F.A.: First Southwest Company, Boston, MA.
Other bidders were:
Bank of America, Effective Rate 2.65%
TD Banknorth, N.A, Effective Rate 3.275%
Janney Montgomery, Effective Rate 3.687%
NEW JERSEY
Haledon Borough
Sep 19, 2008 . . . . . . $4,220,000
Bond Anticipation Notes (bank qualified).
Dated Sep 24, 2008.
Due Jan 23, 2009.
Purchased $4,220,000.00 by J.P. Morgan Chase, at 2.57%, effective rate 2.57%.
L.O.: McManimon & Scotland, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Banknorth, N.A, Effective Rate 3.6%
NEW YORK
Salamanca (City)
Sep 19, 2008 . . . . . . $1,875,000
Bond Anticipation Notes, 2008 (Renewals) (bank qualified).
Dated Oct 3, 2008.
Due Oct 2, 2009.
Purchased $1,875,000.00 by Five Star Bnk, at 3.78%, effective rate 3.78%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Janney Montgomery, Effective Rate 4.481%
Roosevelt & Cross, Effective Rate 4.75%
Southold Union Free School District
Sep 18, 2008 . . . . . . $3,800,000
Tax Anticipation Notes for 2008-2009 Taxes (bank qualified) (book entry).
Dated Sep 25, 2008.
Due Jun 30, 2009.
Purchased $1,800,000.00 by Capital One, at 3.0%, effective rate 3.0%.
Purchased $1,000,000.00 by Capital One, at 2.37%, effective rate 2.37%.
Purchased $1,000,000.00 by Bridgehampton Bank, at 3.3%, effective rate 3.3%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 4.5%
TEXAS
Texas National Municipal Utility District
Sep 18, 2008 . . . . . . $735,000
Unlimited Tax and Revenue Bonds, Series 2008 (bank qualified) (book entry).
Dated Oct 1, 2008.
Due Sep 1, 2012 to 2035.
Callable Sep 1, 2016 at par.
Winning bid: GMS Group, at 97.0000, NIC 6.7498%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/12 | $10,000 | 6.50% | NRO | NRO | |
| 9/1/13 | $10,000 | 6.60% | NRO | NRO | |
| 9/1/14 | $10,000 | 6.60% | NRO | NRO | |
| 9/1/15 | $10,000 | 6.60% | NRO | NRO | |
| 9/1/16 | $15,000 | 6.60% | NRO | NRO | |
| 9/1/35 | $680,000 | 6.60% | NRO | NRO |
L.O.: Young & Brooks, Houston, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Houston, TX.
