Issuer |
City of Albuquerque |
State |
New Mexico |
Amount1 |
$22,850,000 |
Type
Issue/Series |
General Obligation General Purpose Bonds, Series 2017A |
Rating |
- Moody's: Aa1
- S&P: AAA
- Fitch: AA+
|
Bank
Qualified |
No |
Good Faith |
Successful bidder only |
|
Sale Date |
3/06/17 |
Dated Date |
4/11/17 |
Settlement
Date2 |
4/11/17
|
Sale Time |
10:30 AM - 11:01 AM Eastern Time |
|
Interest Due |
1/1, 7/1 |
Principal Due |
7/01/18 - 7/01/30 |
First Interest
Date |
1/01/18 |
Call Dates |
7/01/26 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
100.000% |
Bid Details |
Max. Coupon: 5.000%
Max. Spread: 3.000%
Multiple: Either 1/8th or 1/20th of 1%
Zero Coupons Not Allowed
|
Insurance |
No |
Other Details |
The maximum net effective interest rate permitted on the Bonds is ten percent (10%) per annum. |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Modrall, Sperling, Roehl, Harris & Sisk, P.A., Albuquerque, NM |
Web
Site |
www.MuniAuction.com |
Contact |
RBC Capital Markets Albuquerque, NM Phone: (505) 872-5999 Attn: Paul Cassidy Email: paul.cassidy@rbccm.com Attn: Andrew Stricklin Email: andrew.stricklin@rbccm.com |
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