MINNESOTA
Red Rock Central Independent School District No. 2884
Aug 26, 2011 . . . . . . $900,000
General Obligation Aid Anticipation Certificates of Indebtedness, Series 2011A (MN SD Credit Enhancement Program) (bank qualified) (book entry).
Dated Sep 8, 2011.
Due Sep 25, 2012.
Purchased $900,000.00 by Piper Jaffray, at 2.0%, plus $10,008.00, effective rate 0.93%.
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
BOSC, Effective Rate 0.99%
TAXABLE ISSUES
TEXAS
Austin (City)
Aug 25, 2011 . . . . . . $8,450,000
Public Improvement Bonds, Taxable Series 2011B (book entry).
Dated Sep 1, 2011.
Due Sep 1, 2014 to 2031.
Callable Sep 1, 2021 at par.
Winning bid: Southwest Securities, at 100.3500, TIC 4.0095%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/14 | $100,000 | 2.50% | 1.11% | ||
| 9/1/15 | $100,000 | 2.50% | 1.46% | ||
| 9/1/16 | $350,000 | 2.50% | 1.86% | ||
| 9/1/17 | $100,000 | 2.50% | 2.21% | ||
| 9/1/18 | $100,000 | 2.50% | 2.48% | ||
| 9/1/19 | $400,000 | 2.75% | 2.76% | ||
| 9/1/20 | $100,000 | 4.00% | 3.04% | ||
| 9/1/21 | $650,000 | 4.00% | 3.29% | ||
| 9/1/22 | $650,000 | 3.50% | 3.54% | ||
| 9/1/23 | $680,000 | 3.60% | 3.64% | ||
| 9/1/24 | $700,000 | 3.70% | 3.74% | ||
| 9/1/25 | $720,000 | 4.00% | 3.84% | ||
| 9/1/26 | $750,000 | 4.00% | 4.00% | ||
| 9/1/31 | $3,050,000 | 4.50% | 4.54% |
L.O.: McCall Parkhurst & Horton, Austin, TX; McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Public Financial Management, Inc., Austin, TX.
Other bidders were:
Morgan Keegan, TIC 4.0593%
Jefferies, TIC 4.1502%
RBC Capital Mkts, TIC 4.1859%
BMO Cap Mkts GKST, TIC 4.3274%
