IOWA

Laurens Municipal Utilities

Aug 16, 2012 . . . . . . $7,400,000

Electric Revenue Capital Loan Notes, Series 2012 (bank qualified) (book entry).

Dated Aug 29, 2012.

Due Dec 1, 2013 to 2031.

Callable Dec 1, 2020 at par.

Winning bid: Bankers' Bank, at n/a, TIC 3.1358%.

Due Amount Cpn Yield Conc Ins
12/1/13 $200,000 0.50% 0.50%
12/1/14 $320,000 0.70% 0.70%
12/1/15 $325,000 0.90% 0.90%
12/1/16 $330,000 1.10% 1.10%
12/1/17 $340,000 1.40% 1.40%
12/1/18 $345,000 1.70% 1.70%
12/1/19 $355,000 1.90% 1.90%
12/1/20 $360,000 2.10% 2.10%
12/1/21 $370,000 2.30% 2.30%
12/1/22 $380,000 2.50% 2.50%
12/1/23 $395,000 2.70% 2.70%
12/1/24 $405,000 2.90% 2.90%
12/1/25 $420,000 3.10% 3.10%
12/1/26 $435,000 3.30% 3.30%
12/1/27 $450,000 3.50% 3.50%
12/1/28 $465,000 3.60% 3.60%
12/1/29 $485,000 3.70% 3.70%
12/1/30 $500,000 3.75% 3.75%
12/1/31 $520,000 3.80% 3.80%

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.

F.A.: Public Financial Management, Inc., Des Moines, IA.

Other bidders were:

Northland Securities, TIC 3.2541%

Hutchinson Shockey, TIC 3.4353%

MINNESOTA

Goodhue County

Aug 16, 2012 . . . . . . $5,065,000

General Obligation Capital Improvement Plan Bonds, Series 2012A (bank qualified) (book entry).

Dated Sep 18, 2012.

Due Feb 1, 2015 to 2023.

Callable Feb 1, 2021 at par.

Winning bid: UMB Bank, at 99.5110, TIC 1.3399%.

Due Amount Cpn Yield Conc Ins
2/1/15 $1,720,000 0.50% NRO NRO
2/1/16 $405,000 0.60% NRO NRO
2/1/17 $405,000 0.80% NRO NRO
2/1/18 $410,000 1.00% NRO NRO
2/1/19 $415,000 1.15% NRO NRO
2/1/20 $420,000 1.30% NRO NRO
2/1/21 $425,000 1.50% NRO NRO
2/1/22 $430,000 1.70% NRO NRO
2/1/23 $435,000 1.85% NRO NRO

L.O.: Kennedy & Graven, Minneapolis, MN.

F.A.: Springsted Incorporated, St. Paul, MN.

Other bidders were:

FTN Fin Cap Mkts, TIC 1.347%

Raymond James | MK, TIC 1.4085%

BOSC, TIC 1.4417%

Piper Jaffray, TIC 1.4485%

Robert W. Baird, TIC 1.5071%

Stifel Nicolaus, TIC 1.5445%

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.