MICHIGAN
Hart Public Schools
Apr 12, 2010 . . . . . . $2,000,000
2010 School Building and Site Bonds (General Obligation - Limited Tax) (bank qualified) (book entry).
Dated Apr 22, 2010.
Due May 1, 2011 to 2027.
Callable May 1, 2020 at par.
Winning bid: Raymond James, at 98.5000, TIC 4.4648%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/11 | $30,000 | 3.00% | 1.25% | AGC | |
| 5/1/12 | $30,000 | 3.00% | 1.70% | AGC | |
| 5/1/13 | $35,000 | 3.00% | 2.00% | AGC | |
| 5/1/14 | $35,000 | 3.00% | 2.35% | AGC | |
| 5/1/15 | $40,000 | 3.00% | 2.70% | AGC | |
| 5/1/16 | $40,000 | 3.50% | 3.10% | AGC | |
| 5/1/17 | $140,000 | 3.75% | 3.40% | AGC | |
| 5/1/18 | $140,000 | 4.00% | 3.65% | AGC | |
| 5/1/19 | $140,000 | 4.00% | 3.85% | AGC | |
| 5/1/20 | $145,000 | 4.00% | 4.00% | AGC | |
| 5/1/21 | $150,000 | 4.05% | 4.10% | AGC | |
| 5/1/22 | $150,000 | 4.20% | 4.20% | AGC | |
| 5/1/25 | $520,000 | 4.35% | 4.35% | AGC | |
| 5/1/27 | $405,000 | 4.75% | 4.50% | AGC |
Other managers: Comerica Securities, Bernardi Securities, Inc., Oppenheimer & Co., Inc..
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 4.5721%
MINNESOTA
New Hope (City)
Apr 12, 2010 . . . . . . $1,580,000
General Obligation Utility Revenue Bonds, Series 2010A (bank qualified) (book entry).
Dated May 6, 2010.
Due Feb 1, 2011 to 2021.
Callable Feb 1, 2018 at par.
Winning bid: Wells Fargo Advisors, at 99.9896, TIC 2.5798%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/11 | $210,000 | 2.00% | NRO | NRO | |
| 2/1/12 | $270,000 | 2.00% | NRO | NRO | |
| 2/1/13 | $275,000 | 2.00% | NRO | NRO | |
| 2/1/14 | $270,000 | 2.00% | NRO | NRO | |
| 2/1/15 | $75,000 | 2.00% | NRO | NRO | |
| 2/1/16 | $75,000 | 2.375% | 2.50% | ||
| 2/1/17 | $75,000 | 2.625% | NRO | NRO | |
| 2/1/18 | $80,000 | 3.00% | 3.00% | ||
| 2/1/19 | $80,000 | 3.10% | 3.15% | ||
| 2/1/20 | $85,000 | 3.25% | 3.30% | ||
| 2/1/21 | $85,000 | 3.25% | 3.40% |
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
Cronin, TIC 2.5853%
Robert W. Baird, TIC 2.6552%
Northland Securities, TIC 2.7064%
M&I Marshall, TIC 2.9812%
Winona County
Apr 12, 2010 . . . . . . $2,400,000
General Obligation Capital Improvement Plan Bonds, Series 2010A (bank qualified) (book entry).
Dated May 13, 2010.
Due Feb 1, 2012 to 2021.
Non-callable.
Winning bid: Cronin, at 102.0452, TIC 2.891%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/12 | $225,000 | 2.00% | 1.00% | ||
| 2/1/13 | $225,000 | 2.00% | 1.25% | ||
| 2/1/14 | $225,000 | 2.00% | 1.65% | ||
| 2/1/15 | $230,000 | 2.50% | 2.00% | ||
| 2/1/16 | $235,000 | 3.00% | 2.45% | ||
| 2/1/17 | $240,000 | 3.25% | 2.75% | ||
| 2/1/18 | $245,000 | 3.50% | 3.00% | ||
| 2/1/19 | $250,000 | 3.50% | 3.10% | ||
| 2/1/20 | $260,000 | 3.50% | 3.20% | ||
| 2/1/21 | $265,000 | 4.00% | 3.45% |
L.O.: Briggs & Morgan, St. Paul, MN; and Briggs & Morgan, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Robert W. Baird, TIC 2.8936%
BMO Capital Markets, TIC 2.9004%
M&I Marshall, TIC 2.936%
Piper Jaffray, TIC 2.9585%
Northland Securities, TIC 2.9592%
UBS Financial Svcs, TIC 2.9711%
Wells Fargo Secs, TIC 2.9839%
Morgan Keegan, TIC 3.0936%
UMB Bank, TIC 3.1867%
NEW JERSEY
East Greenwich Township
Apr 12, 2010 . . . . . . $6,108,500
Bond Anticipation Notes of 2010, Series A: $2,277,000 General Improvement and $3,831,500 Water and Sewer Utility (bank qualified).
Dated Apr 19, 2010.
Due Apr 18, 2011.
Purchased $6,108,500.00 by Beneficial Bk, at 1.75%, plus $52,472.02, effective rate 0.8886%.
L.O.: Parker, McCay, P.A., Marlton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 0.9031%
Jefferies, Effective Rate 0.914%
Oppenheimer, Effective Rate 1.0967%
Janney Montgomery, Effective Rate 1.349%
Fulton Financial, Effective Rate 1.65%
New Milford Borough
Apr 12, 2010 . . . . . . $1,120,040
General Obligation Bond Anticipation Notes (bank qualified).
Dated Apr 19, 2010.
Due Apr 19, 2011.
Purchased $1,120,040.00 by Valley National Bank, at 1.0%, effective rate 1.0%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Janney Montgomery, Effective Rate 1.3%
Oppenheimer, Effective Rate 1.3898%
PENNSYLVANIA
Gettysburg Borough
Apr 12, 2010 . . . . . . $10,045,000
General Obligation Bonds, Series of 2010 (bank qualified) (book entry).
Dated May 15, 2010.
Due Nov 15, 2010 to 2023.
Callable Nov 15, 2015 at par.
Winning bid: BNY Mellon Cap Mkts, at n/a, TIC 3.2475%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 11/15/10 | $1,010,000 | 1.00% | 0.50% | AGC | |
| 11/15/11 | $1,070,000 | 2.00% | 0.80% | AGC | |
| 11/15/12 | $1,080,000 | 2.00% | 1.25% | AGC | |
| 11/15/13 | $950,000 | 2.00% | 1.55% | AGC | |
| 11/15/14 | $835,000 | 2.50% | 2.00% | AGC | |
| 11/15/15 | $855,000 | 2.30% | 2.35% | AGC | |
| 11/15/16 | $880,000 | 2.80% | 2.85% | AGC | |
| 11/15/17 | $905,000 | 3.10% | 3.15% | AGC | |
| 11/15/18 | $545,000 | 3.30% | 3.35% | AGC | |
| 11/15/19 | $355,000 | 3.45% | 3.50% | AGC | |
| 11/15/20 | $460,000 | 3.60% | 3.65% | AGC | |
| 11/15/21 | $475,000 | 3.70% | 3.75% | AGC | |
| 11/15/22 | $495,000 | 3.80% | 3.85% | AGC | |
| 11/15/23 | $130,000 | 3.85% | 3.90% | AGC |
L.O.: Rhoads & Sinon, Harrisburg, PA.
F.A.: Valco Capital Ltd., Ligonier, PA.
Other bidders were:
Janney Montgomery, TIC 3.2499%
Roosevelt & Cross, TIC 3.2553%
Morgan Stanley, TIC 3.2855%
Robert W. Baird, TIC 3.3615%
Boenning&Scattergood, TIC 3.438%
TEXAS
La Porte (City)
Apr 12, 2010 . . . . . . $4,295,000
General Obligation Refunding Bonds, Series 2010 (bank qualified) (book entry).
Dated May 1, 2010.
Due Mar 15, 2011 to 2020.
Non-callable.
Winning bid: Robert W. Baird, at 101.5000, NIC 2.9104%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/11 | $365,000 | 2.50% | 0.60% | ||
| 3/15/12 | $400,000 | 2.00% | 1.06% | ||
| 3/15/13 | $385,000 | 2.00% | 1.37% | ||
| 3/15/14 | $490,000 | 2.50% | 1.73% | ||
| 3/15/15 | $480,000 | 2.75% | 2.11% | ||
| 3/15/16 | $470,000 | 3.00% | 2.56% | ||
| 3/15/17 | $465,000 | 3.00% | 2.86% | ||
| 3/15/18 | $460,000 | 3.50% | 3.08% | ||
| 3/15/19 | $455,000 | 3.75% | 3.40% | ||
| 3/15/20 | $325,000 | 4.00% | 3.54% |
Other managers: CL King & Associates, Davenport & Company LLC, Loop Capital Markets, LLC, Kildare Capital, Inc., Wedbush Securities, Edward D. Jones & Co., Cronin & Co., Inc., NW Capital Markets Inc..
L.O.: Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: RBC Capital Markets, Houston, TX.
Other bidders were:
FirstSouthwest, NIC 2.9143%
Coastal Securities, NIC 2.9226%
Morgan Keegan, NIC 2.9408%
Sterne Agee, NIC 2.9696%
Southwest Securities, NIC 2.9984%
Wells Fargo Advisors, NIC 3.0097%
UBS Financial Svcs, NIC 3.06%
Bernardi Securities, NIC 3.093%
Vining-Sparks IBG, NIC 3.0978%
Hutchinson Shockey, NIC 3.2136%
La Porte (City)
Apr 12, 2010 . . . . . . $6,265,000
Certificates of Obligation, Series 2010 (bank qualified) (book entry).
Dated May 1, 2010.
Due Mar 15, 2012 to 2026.
Callable Mar 15, 2020 at par.
Winning bid: FirstSouthwest, at 101.2000, NIC 3.6497%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/15/12 | $325,000 | 3.00% | 1.20% | ||
| 3/15/13 | $335,000 | 3.00% | 1.50% | ||
| 3/15/14 | $345,000 | 3.00% | 1.85% | ||
| 3/15/15 | $355,000 | 3.00% | 2.17% | ||
| 3/15/16 | $370,000 | 3.00% | 2.59% | ||
| 3/15/17 | $380,000 | 3.00% | 2.88% | ||
| 3/15/18 | $395,000 | 4.00% | 3.13% | ||
| 3/15/19 | $410,000 | 4.00% | 3.30% | ||
| 3/15/20 | $425,000 | 4.00% | 3.49% | ||
| 3/15/21 | $445,000 | 4.00% | 3.62% | ||
| 3/15/22 | $460,000 | 3.625% | 3.75% | ||
| 3/15/23 | $475,000 | 3.75% | 3.85% | ||
| 3/15/24 | $495,000 | 3.875% | 3.95% | ||
| 3/15/25 | $515,000 | 4.00% | 4.00% | ||
| 3/15/26 | $535,000 | 4.00% | 4.05% |
L.O.: Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: RBC Capital Markets, Houston, TX.
Other bidders were:
Morgan Keegan, NIC 3.6673%
Coastal Securities, NIC 3.6718%
Vining-Sparks IBG, NIC 3.6902%
Southwest Securities, NIC 3.7232%
Robert W. Baird, NIC 3.7407%
Hutchinson Shockey, NIC 3.758%
Wells Fargo Advisors, NIC 3.7635%
FTN Fin Cap Mkts, NIC 3.7883%
UBS Financial Svcs, NIC 3.8033%
WISCONSIN
Verona (City)
Apr 12, 2010 . . . . . . $5,405,000
General Obligation Refunding Bonds, Series 2010A (bank qualified) (book entry).
Dated May 5, 2010.
Due Aug 1, 2011 to 2019.
Non-callable.
Winning bid: Bankers' Bank, at n/a, TIC 2.2641%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/11 | $885,000 | 1.00% | NRO | NRO | |
| 8/1/12 | $935,000 | 1.20% | NRO | NRO | |
| 8/1/13 | $710,000 | 1.50% | NRO | NRO | |
| 8/1/14 | $715,000 | 1.80% | NRO | NRO | |
| 8/1/15 | $740,000 | 2.10% | NRO | NRO | |
| 8/1/16 | $570,000 | 2.50% | NRO | NRO | |
| 8/1/17 | $300,000 | 2.90% | NRO | NRO | |
| 8/1/18 | $325,000 | 3.10% | NRO | NRO | |
| 8/1/19 | $225,000 | 3.30% | NRO | NRO |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
M&I Marshall, TIC 2.4041%
Wells Fargo Advisors, TIC 2.4664%
Bernardi Securities, TIC 2.5606%
Morgan Keegan, TIC 2.5621%
UMB Bank, TIC 2.5631%
Robert W. Baird, TIC 2.6074%
Stifel Nicolaus, TIC 2.6726%
BMO Capital Markets, TIC 2.7589%
Hutchinson Shockey, TIC 2.823%
JPMorgan, TIC 2.8458%
Waterford Village
Apr 12, 2010 . . . . . . $1,110,000
Water System Revenue Refunding Bonds (bank qualified) (book entry).
Dated May 4, 2010.
Due May 1, 2011 to 2019.
Callable May 1, 2017 at par.
Winning bid: Bankers' Bank, at n/a, TIC 3.284%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/11 | $135,000 | 1.25% | NRO | NRO | |
| 5/1/12 | $130,000 | 1.60% | NRO | NRO | |
| 5/1/13 | $130,000 | 2.00% | NRO | NRO | |
| 5/1/14 | $130,000 | 2.40% | NRO | NRO | |
| 5/1/15 | $125,000 | 2.80% | NRO | NRO | |
| 5/1/16 | $120,000 | 3.20% | NRO | NRO | |
| 5/1/17 | $115,000 | 3.50% | NRO | NRO | |
| 5/1/18 | $115,000 | 3.75% | NRO | NRO | |
| 5/1/19 | $110,000 | 4.00% | NRO | NRO |
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
M&I Marshall, TIC 3.4035%
Robert W. Baird, TIC 3.5315%
Bernardi Securities, TIC 3.5523%
Whitewater Unified School District
Apr 8, 2010 . . . . . . $2,300,000
Tax and Revenue Anticipation Promissory Note (bank qualified) (book entry).
Dated Apr 16, 2010.
Due Sep 23, 2010.
Purchased $1,000,000.00 by Bankers' Bank, at 0.75%, effective rate 0.75%.
Purchased $1,300,000.00 by M&I Marshall, at 1.0%, plus $1,118.00, effective rate 0.802%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Municipal Official(s).
Other bidders were:
Whitewater Com Bk, Effective Rate 0.92%
Whitewater Com Bk, Effective Rate 0.97%
Whitewater Com Bk, Effective Rate 1.09%
Robert W. Baird, Effective Rate 1.0986%
TAXABLE ISSUES
ILLINOIS
Marengo (City)
Apr 12, 2010 . . . . . . $1,500,000
General Obligation Bonds (Alternate Revenue Source), Series 2010 (Taxable Build America Bonds-Direct Payment to Issuer) (book entry).
Dated Apr 28, 2010.
Due Dec 1, 2010 to 2029.
Callable Dec 1, 2017 at par.
Winning bid: Bernardi Securities, at n/a, TIC 3.6465%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/10 | $55,000 | 1.40% | NRO | NRO | |
| 12/1/11 | $55,000 | 1.85% | NRO | NRO | |
| 12/1/12 | $55,000 | 2.15% | NRO | NRO | |
| 12/1/13 | $55,000 | 2.60% | NRO | NRO | |
| 12/1/14 | $55,000 | 3.20% | NRO | NRO | |
| 12/1/15 | $60,000 | 3.65% | NRO | NRO | |
| 12/1/16 | $60,000 | 4.15% | NRO | NRO | |
| 12/1/17 | $65,000 | 4.50% | NRO | NRO | |
| 12/1/18 | $65,000 | 4.90% | NRO | NRO | |
| 12/1/19 | $70,000 | 5.20% | NRO | NRO | |
| 12/1/20 | $70,000 | 5.35% | NRO | NRO | |
| 12/1/21 | $75,000 | 5.50% | NRO | NRO | |
| 12/1/23 | $165,000 | 5.60% | NRO | NRO | |
| 12/1/25 | $180,000 | 5.80% | NRO | NRO | |
| 12/1/27 | $195,000 | 5.90% | NRO | NRO | |
| 12/1/29 | $220,000 | 6.10% | NRO | NRO |
L.O.: Chapman & Cutler, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Bankers' Bank, TIC 3.7357%
Robert W. Baird, TIC 3.9223%
MINNESOTA
Maplewood (City)
Apr 12, 2010 . . . . . . $11,790,000
General Obligation Bonds, Series 2010A (Taxable Build America Bonds- Direct Pay) (book entry).
Dated May 10, 2010.
Due Feb 1, 2012 to 2027.
Callable Feb 1, 2020 at par.
Winning bid: Cronin, at n/a, TIC 3.0222%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 2/1/12 | $620,000 | 1.50% | 1.50% | ||
| 2/1/13 | $945,000 | 2.15% | 2.15% | ||
| 2/1/14 | $900,000 | 2.45% | 2.45% | ||
| 2/1/15 | $890,000 | 3.10% | 3.10% | ||
| 2/1/16 | $885,000 | 3.40% | 3.40% | ||
| 2/1/17 | $865,000 | 3.80% | 3.80% | ||
| 2/1/18 | $865,000 | 4.10% | 4.10% | ||
| 2/1/19 | $860,000 | 4.30% | 4.30% | ||
| 2/1/20 | $660,000 | 4.50% | 4.50% | ||
| 2/1/21 | $660,000 | 4.70% | 4.70% | ||
| 2/1/22 | $670,000 | 4.85% | 4.85% | ||
| 2/1/23 | $670,000 | 5.00% | 5.00% | ||
| 2/1/24 | $690,000 | 5.15% | 5.15% | ||
| 2/1/25 | $695,000 | 5.25% | 5.25% | ||
| 2/1/26 | $705,000 | 5.35% | 5.35% | ||
| 2/1/27 | $210,000 | 5.50% | 5.50% |
L.O.: Briggs & Morgan, St. Paul, MN; and Briggs & Morgan, Minneapolis, MN.
F.A.: Springsted Incorporated, St. Paul, MN.
Other bidders were:
Northland Securities, TIC 3.0261%
BMO Capital Markets, TIC 3.0305%
Morgan Keegan, TIC 3.0488%
Sterne Agee, TIC 3.0663%
Robert W. Baird, TIC 3.0813%
Hutchinson Shockey, TIC 3.0989%
United Banker's Bk, TIC 3.1436%
Wells Fargo Advisors, TIC 3.1862%
WISCONSIN
Verona (City)
Apr 12, 2010 . . . . . . $2,075,000
General Obligation Corporate Purpose Bonds, Series 2010B (Taxable Build America Bonds) (book entry).
Dated May 5, 2010.
Due May 1, 2011 to 2030.
Callable May 1, 2018 at par.
Winning bid: Northland Securities, at n/a, TIC 3.5858%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/12 | $150,000 | 1.50% | 1.50% | ||
| 5/1/14 | $160,000 | 2.75% | 2.75% | ||
| 5/1/16 | $175,000 | 3.50% | 3.50% | ||
| 5/1/18 | $180,000 | 4.30% | NRO | NRO | |
| 5/1/20 | $190,000 | 4.75% | 4.75% | ||
| 5/1/22 | $200,000 | 5.00% | 5.00% | ||
| 5/1/24 | $225,000 | 5.25% | 5.25% | ||
| 5/1/26 | $245,000 | 5.75% | 5.50% | ||
| 5/1/28 | $265,000 | 6.00% | 5.75% | ||
| 5/1/30 | $285,000 | 6.00% | 6.00% |
Other managers: Bernardi Securities, Inc..
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers & Associates, Inc., Roseville, MN.
Other bidders were:
Bankers' Bank, TIC 3.5947%
Robert W. Baird, TIC 3.6107%
Wells Fargo Advisors, TIC 3.6175%
BMO Capital Markets, TIC 3.6989%
M&I Marshall, TIC 3.7502%
