Issuer |
Town of Clay |
State |
New York |
Amount |
$995,000 |
Type
Issue/Series |
Public Improvement (Serial) Bonds, 2019 |
Bank
Qualified |
Yes |
Good Faith |
None required |
|
Sale Date |
11/21/19 |
Dated Date |
12/05/19 |
Settlement
Date1 |
12/05/19
|
Sale Time |
06:00 AM - 11:00 AM Eastern Time |
|
Interest Due |
6/1, 12/1 |
Principal Due |
12/01/20 - 12/01/34 |
First Interest
Date |
6/01/20 |
Call Dates |
12/01/27 @ Par |
Term Bonds |
No |
Min/Max Bid Price
|
100.000% / 104.000% |
Bid Details |
Max. Spread: 3.000%
Non-descending Coupons Required - Starting 2020
|
Insurance |
Bidder's Option / Bidder Pays / Not Factored into NIC |
|
Bid Format |
All-Or-None |
Auction Format |
Closed |
Award Basis
|
NIC |
Two-Minute Rule
|
No |
Bond Counsel |
Orrick, Herrington & Sutcliffe LLP New York, NY |
Web
Site |
www.FiscalAdvisorsAuction.com |
Contact |
Fiscal Advisors & Marketing, Inc. Syracuse, NY Attn: Andrew Schreyack Email: aschreyack@fiscaladvisors.com Phone: 315-752-0051 Ext. 348 |
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