MASSACHUSETTS
Saugus (Town)
Dec 17, 2010 . . . . . . $2,548,000
General Obligation Bond Anticipation Notes (new money) (bank qualified) (book entry).
Dated Dec 23, 2010.
Due Mar 3, 2011.
Purchased $2,548,000.00 by Eastern Bank, at 1.1%, effective rate 1.1%.
L.O.: Edwards Angell Palmer & Dodge, LLP, Boston, MA.
F.A.: FirstSouthwest, Boston, MA.
NEW JERSEY
Clayton Borough
Dec 17, 2010 . . . . . . $1,100,000
Bond Anticipation Notes of 2009, Series A (bank qualified).
Dated Dec 28, 2010.
Due Dec 27, 2011.
Purchased $1,100,000.00 by First Elmer Inv Corp, at 1.03%, effective rate 1.03%.
L.O.: Parker, McCay, P.A., Marlton, NJ.
F.A.: Municipal Official(s).
Glassboro Borough
Dec 17, 2010 . . . . . . $4,345,000
Bond Anticipation Notes of 2010, Series E (bank qualified).
Dated Dec 27, 2010.
Due Dec 21, 2011.
Purchased $4,345,000.00 by First Colonial, at 1.2%, effective rate 1.2%.
L.O.: Parker, McCay, P.A., Marlton, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Beneficial Bk, Effective Rate 1.28%
Sun National Bank, Effective Rate 1.61%
Susquehanna Patriot, Effective Rate 1.69%
TAXABLE ISSUES
INDIANA
Avon Community School Building Corporation
Dec 7, 2010 . . . . . . $2,000,000
Taxable General Obligation Recovery Zone Economic Development Bonds (Direct-Pay Option) , Series2010 (bank qualified) (book entry).
Dated Dec 22, 2010.
Due Jul 15, 2023 to Jan 15, 2026.
Callable Jul 15, 2021 at par.
Winning bid: J.J.B. Hilliard, at n/a, NIC 6.451%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/24 | $975,000 | 6.25% | 6.25% | ||
| 1/15/26 | $1,025,000 | 6.50% | 6.50% |
L.O.: Bose McKinney & Evans LLP, Indianapolis, IN.
F.A.: City Securities Corp., Fort Wayne, IN.
