NEW JERSEY
Elmwood Park Borough
Aug 4, 2011 . . . . . . $5,900,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Aug 12, 2011.
Due Aug 10, 2012.
Purchased $5,900,000.00 by Janney Montgomery, at 1.0%, plus n/a, effective rate n/a.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 0.861%
Valley National Bank, Effective Rate 0.89%
Jefferies, Effective Rate 0.9851%
NEW YORK
Arlington Central School District
Aug 5, 2011 . . . . . . $399,000
Bond Anticipation Notes, 2011A (bank qualified).
Dated Aug 19, 2011.
Due Aug 17, 2012.
Purchased $399,000.00 by JPMorgan Chase, at 0.85%, effective rate 0.85%.
L.O.: Nixon Peabody LLP, New York, NY; and Nixon Peabody LLP, Jericho, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 1.9803%
Oppenheimer, Effective Rate 1.9997%
Sauquoit Valley Central School District
Aug 5, 2011 . . . . . . $625,000
Bond Anticipation Notes, 2011 (bank qualified).
Dated Aug 19, 2011.
Due Aug 17, 2012.
Purchased $625,000.00 by JPMorgan Chase, at 1.14%, effective rate 1.14%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Victor, NY.
Other bidders were:
Oppenheimer, Effective Rate 1.748%
First Niagara Bank, Effective Rate 1.75%
Roosevelt & Cross, Effective Rate 1.9858%
Adirondack Bank, Effective Rate 2.75%
NORTH DAKOTA
Frontier (City)
Jul 11, 2011 . . . . . . $470,000
Refunding Improvement Bonds of 2011 (bank qualified) (book entry).
Dated Aug 2, 2011.
Due Jun 1, 2012 to 2021.
Non-callable.
Winning bid: Dougherty, at n/a, TIC 2.443%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 6/1/12 | $45,000 | 0.75% | 0.75% | ||
| 6/1/15 | $135,000 | 1.10% | 1.10% | ||
| 6/1/18 | $140,000 | 2.00% | 2.00% | ||
| 6/1/21 | $150,000 | 2.60% | 2.60% |
L.O.: Arntson Stewart Wegner PC, Fargo, ND.
F.A.: AMKO Advisors, Grand Forks, ND.
