MINNESOTA

Farmington (City)

Dec 21, 2009 . . . . . . $1,200,000

General Obligation Utility Revenue Refunding Bonds, Series 2010B (bank qualified) (book entry).

Dated Jan 13, 2010.

Due Feb 1, 2011 to 2022.

Callable Feb 1, 2018 at par.

Winning bid: Wells Fargo Advisors, at 98.8000, TIC 3.0525%.

Due Amount Cpn Yield Conc Ins
2/1/11 $90,000 2.00% 0.75%
2/1/12 $85,000 2.00% 1.10%
2/1/13 $90,000 2.00% 1.25%
2/1/14 $95,000 2.00% 1.65%
2/1/15 $95,000 2.10% 2.10%
2/1/16 $100,000 2.40% 2.45%
2/1/17 $95,000 2.625% 2.70%
2/1/18 $100,000 2.80% 2.90%
2/1/19 $105,000 3.125% 3.125%
2/1/20 $110,000 3.25% 3.25%
2/1/21 $115,000 3.25% 3.35%
2/1/22 $120,000 3.25% 3.40%

L.O.: Dorsey & Whitney, Minneapolis, MN.

F.A.: Ehlers & Associates, Inc., Roseville, MN.

Other bidders were:

Cronin, TIC 3.109%

UMB Bank, TIC 3.135%

Robert W. Baird, TIC 3.1914%

Hutchinson Shockey, TIC 3.5535%

Farmington (City)

Dec 21, 2009 . . . . . . $3,850,000

General Obligation Capital Improvement Plan Bonds, Series 2010A (bank qualified) (book entry).

Dated Jan 13, 2010.

Due Feb 1, 2011 to 2022.

Callable Feb 1, 2018 at par.

Winning bid: Morgan Keegan, at 102.6099, TIC 2.8942%.

Due Amount Cpn Yield Conc Ins
2/1/11 $275,000 2.00% NRO NRO
2/1/12 $285,000 2.00% NRO NRO
2/1/13 $295,000 2.00% NRO NRO
2/1/14 $295,000 2.00% NRO NRO
2/1/15 $305,000 2.25% NRO NRO
2/1/16 $310,000 3.00% NRO NRO
2/1/17 $320,000 3.00% NRO NRO
2/1/18 $330,000 3.25% NRO NRO
2/1/19 $340,000 3.25% NRO NRO
2/1/20 $350,000 4.00% NRO NRO
2/1/21 $365,000 4.00% NRO NRO
2/1/22 $380,000 4.00% NRO NRO

L.O.: Dorsey & Whitney, Minneapolis, MN.

F.A.: Ehlers & Associates, Inc., Roseville, MN.

Other bidders were:

Cronin, TIC 2.9713%

Wells Fargo Advisors, TIC 2.9798%

UMB Bank, TIC 3.0762%

Robert W. Baird, TIC 3.1284%

Hutchinson Shockey, TIC 3.4296%

BMO Capital Markets, TIC 3.4847%

NEW JERSEY

Clayton Borough

Dec 21, 2009 . . . . . . $300,000

Bond Anticipation Notes of 2009, Series A (bank qualified).

Dated Dec 30, 2009.

Due Dec 29, 2010.

Purchased $300,000.00 by First Elmer Inv Corp, at 1.94%, effective rate 1.94%.

L.O.: Parker, McCay, P.A., Marlton, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Fulton Financial, Effective Rate 1.95%

Middle Township

Dec 21, 2009 . . . . . . $2,350,000

Bond Anticipation Notes of 2009, Series C (bank qualified).

Dated Dec 30, 2009.

Due Dec 29, 2010.

Purchased $2,350,000.00 by Oppenheimer, at 1.5%, plus $12,985.00, effective rate 0.945%.

L.O.: Parker, McCay & Criscuolo, Marlton, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Jefferies, Effective Rate 1.005%

TD Securities, Effective Rate 1.0387%

Janney Montgomery, Effective Rate 1.4749%

Middle Township

Dec 21, 2009 . . . . . . $3,315,750

Bond Anticipation Notes of 2009, Series B (bank qualified).

Dated Dec 30, 2009.

Due Jul 13, 2010.

Purchased $3,315,750.00 by TD Securities, at 1.0%, plus $3,786.59, effective rate 0.787%.

L.O.: Parker, McCay & Criscuolo, Marlton, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Oppenheimer, Effective Rate 0.897%

Jefferies, Effective Rate 0.953%

Janney Montgomery, Effective Rate 1.2033%

River Vale Township

Dec 21, 2009 . . . . . . $3,280,000

Bond Anticipation Notes (bank qualified).

Dated Dec 30, 2009.

Due Mar 30, 2010.

Purchased $3,280,000.00 by TD Securities, at 1.25%, plus $5,661.28, effective rate 0.5596%.

L.O.: DeCotiis, FitzPatrick, Cole & Wisler, LLP, Teaneck, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Valley National Bank, Effective Rate 0.75%

Oppenheimer, Effective Rate 0.847%

Janney Montgomery, Effective Rate 0.88%

TD Bank, N.A., Effective Rate 0.92%

PNC Bank, Effective Rate 1.4%

South River (Borough)

Dec 15, 2009 . . . . . . $8,535,000

Bond Anticipation Notes, Series 200A (bank qualified) (book entry).

Dated Dec 22, 2009.

Due Dec 21, 2010.

Purchased $8,535,000.00 by Jefferies, at 1.5%, plus $64,440.00, effective rate 0.742%.

L.O.: Dilworth Paxson, Neptune, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Bank of America, Effective Rate 0.9%

Beneficial Bk, Effective Rate 1.0237%

Oppenheimer, Effective Rate 1.3883%

PNC Bank, Effective Rate 1.4%

Janney Montgomery, Effective Rate 1.4499%

Waterford Township

Dec 21, 2009 . . . . . . $800,000

Bond Anticipation Notes of 2009, Series B (bank qualified).

Dated Dec 30, 2009.

Due Jul 22, 2010.

Purchased $800,000.00 by First Elmer Inv Corp, at 2.24%, effective rate 2.24%.

L.O.: Parker, McCay, P.A., Marlton, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Susquehanna Patriot, Effective Rate 2.8399%

West Orange Township

Dec 17, 2009 . . . . . . $4,704,400

Bond Anticipation Note (bank qualified) (book entry).

Dated Dec 30, 2009.

Due Oct 26, 2010.

Purchased $4,704,400.00 by Jefferies, at 1.0%, plus $20,888.00, effective rate 0.46%.

L.O.: Gibbons P.C., Newark, NJ.

Other bidders were:

TD Securities, Effective Rate 0.6078%

Oppenheimer, Effective Rate 0.8092%

Beneficial Bk, Effective Rate 0.8438%

PNC Capital Markets, Effective Rate 0.8884%

Valley National Bank, Effective Rate 1.0%

WISCONSIN

Belleville School District

Oct 27, 2009 . . . . . . $1,400,000

Tax and Revenue Anticipation Promissory Notes (bank qualified) (book entry).

Dated Nov 3, 2009.

Due Oct 27, 2010.

Purchased $1,400,000.00 by Bankers Bank, at 1.2%, effective rate 1.2%.

L.O.: Quarles & Brady, Milwaukee, WI.

TAXABLE ISSUES

KENTUCKY

Warren County School District Finance Corporation

Dec 21, 2009 . . . . . . $6,096,000

Qualified Zone Academy Bonds, Series of 2009 (book entry).

Dated Dec 30, 2009.

Due Dec 15, 2025.

Non-callable.

Winning bid: Branch Banking, at n/a, TIC 2.09%.

Due Amount Cpn Yield Conc Ins
12/15/25 $6,096,000 2.09% NRO NRO

L.O.: Henry M. Reed III, Louisville, KY.

F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.

MICHIGAN

Laketown Township

Dec 15, 2009 . . . . . . $525,000

Capital Improvement Bonds, Series 2009 (Federally Taxable Recovery Zone Economic Development Bonds) (book entry).

Dated Dec 1, 2009.

Due May 1, 2010 to 2019.

Non-callable.

Winning bid: Bernardi Securities, at n/a, TIC 5.8073%.

Due Amount Cpn Yield Conc Ins
5/1/10 $45,000 4.00% 4.00%
5/1/11 $45,000 4.15% 4.50%
5/1/12 $45,000 4.30% 4.30%
5/1/13 $50,000 4.60% 4.60%
5/1/14 $50,000 4.80% 4.80%
5/1/15 $50,000 5.00% 5.00%
5/1/16 $55,000 5.25% 5.25%
5/1/17 $60,000 5.50% 5.50%
5/1/18 $60,000 5.75% 5.75%
5/1/19 $65,000 6.00% 6.00%

L.O.: Axe & Ecklund, P.C., Grosse Pointe Farms, MI.

F.A.: Municipal Financial Consultants, Inc., Grosse Pointe Farms, MI.

Other bidders were:

Chemical Bank, TIC 5.8095%

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.