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.

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.