HomeMy WebLinkAbout9B Bond Sale PresentationBond Sale Results, G.O. Bonds, Series 2017A
Standard & Poor’s affirmed the City’s
“AA+” rating
Public sale, competitive bids received at
10:30 a.m. on June 12, 2017
Five bids received
Low bid from R.W. Baird & Co., Inc.
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Bond Sale Results, G.O. Bonds, Series 2017A
Final par amount of $4,505,000
Underwriter discount rate of 0.659%
Sale notice provided for discount allowance of 0.75%
Premium in amount of $103,225
True interest cost of 1.78% (estimated
2.44% at time of set sale)
Total interest of $545,397, final payment 12/15/2027
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