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Worst 100 Spreads for Minnesota Municipal Bonds in 2003

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Here is the 2003 list of the one hundred worst Municipal Bond market spreads between the lowest bid and the highest offer for Minnesota. Because this study measures spreads, it is limited to Municipal Bonds that traded twice or more in one day.

Date CUSIP Municipal Bond Name / Description Coupon Maturity Bid Side
Customer Sold
to Dealer
(Lowest / Highest)
Offer Side
Customer Purchase
from Dealer
(Lowest / Highest)
Spread
Red Flag
# of
Trades
Volume
(000)
09/25/200377025P-AA-1ROBBINSDALE MINN HEALTH CARE FACS REV ARS-NORTH MEM HLTH-TRANCHE I  05/15/2033 73.315 / 100.000 100.000 / 100.00026.68531250
09/18/200377025P-AA-1ROBBINSDALE MINN HEALTH CARE FACS REV ARS-NORTH MEM HLTH-TRANCHE I  05/15/2033 74.390 / 100.000 100.000 / 100.00025.61061400
01/24/200379306E-FP-4ST PAUL MINN PORT AUTH INDL DEV REV SER L-1996 LOTTERY 9.75012/01/2014 75.500 / 94.500 97.330 / 97.33021.8304110
09/08/2003793043-AQ-3ST PAUL MINN PORT AUTH HSG & REDEV MULTIFAMILY HSG REV SER 1985 J  9.50012/01/2014 73.100 / 73.100 93.150 / 93.15020.0505130
01/28/200379306E-HB-3ST PAUL MINN PORT AUTH INDL DEV REV SER J-1996 LOTTERY 9.50012/01/2011 82.500 / 94.500 87.500 / 97.33014.830580
01/07/2003792888-JG-5ST PAUL MINN HSG & REDEV AUTH HOSP REV HEALTHEAST PROJ-SER A 5.70011/01/2015 76.767 / 76.767 77.267 / 90.28513.5184525
06/17/2003603786-BS-2MINNEAPOLIS MINN REV WALKER METHODIST SR SVCS-SER A  6.00011/15/2028 72.500 / 72.500 83.824 / 85.57413.0746275
06/13/2003793066-DT-5ST PAUL MINN PORT AUTH REF REV SER 1983 C  9.87512/01/2008 87.650 / 96.510 96.500 / 100.01012.36010485
02/04/200326444C-FJ-6DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV BSM PPTYS INC PROJ-SER A 5.87512/01/2028 87.000 / 87.000 99.007 / 99.00712.007595
04/29/2003368605-AL-5GEM LAKE MINN SR HSG REV BOULDERS APTS PROJ-SER A  6.50004/01/2037 98.000 / 98.000 99.900 / 110.00012.00015220
03/04/2003189045-AX-5CLOQUET MINN POLLUTN CTL REV REF-POTLACH CORP PROJS 5.90010/01/2026 81.000 / 81.000 92.806 / 92.80611.806660
02/28/2003491823-BT-6KENYON WANAMINGO MINN INDPT SCH DIST NO 2172 REF 5.00002/01/2022 100.080 / 100.080 103.080 / 111.32911.249320
09/16/200379306E-LB-8ST PAUL MINN PORT AUTH INDL DEV REV SER H-1996 LOTTERY  8.50009/01/2011 72.375 / 79.500 83.250 / 83.50011.1256115
01/10/2003444595-AC-6HUGO MINN INDL DEV REV REF-MINN UNION BUILDERS PROJ 8.00003/01/2027 88.000 / 88.000 91.500 / 99.00011.0005325
03/25/2003189045-AX-5CLOQUET MINN POLLUTN CTL REV REF-POTLACH CORP PROJS  5.90010/01/2026 83.000 / 83.000 94.000 / 94.00011.0002125
11/18/2003793059-QQ-2ST PAUL MINN PORT AUTH INDL DEV REV 1983 SER U  10.75012/01/2013 86.000 / 86.000 96.820 / 96.82010.820460
11/18/200379306E-EV-2ST PAUL MINN PORT AUTH INDL DEV REV SER G-1996 LOTTERY  10.50012/01/2013 86.000 / 86.000 96.820 / 96.82010.820440
11/18/200379306E-FD-1ST PAUL MINN PORT AUTH INDL DEV REV SER I-1996 LOTTERY  10.75012/01/2013 86.000 / 86.000 96.820 / 96.82010.820480
03/07/2003189045-AX-5CLOQUET MINN POLLUTN CTL REV REF-POTLACH CORP PROJS 5.90010/01/2026 82.803 / 82.803 92.810 / 92.82210.0195160
02/24/2003792905-BN-0ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV REGIONS HOSP PROJ 5.30005/15/2028 90.000 / 90.000 94.038 / 100.00010.00025915
02/25/2003792905-BN-0ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV REGIONS HOSP PROJ 5.30005/15/2028 90.000 / 90.000 94.038 / 100.00010.0006150
06/19/200379306E-BS-2ST PAUL MINN PORT AUTH INDL DEV REV SER G-1996 LOTTERY  12.87505/01/2012 89.000 / 89.000 99.000 / 99.00010.000260
10/03/2003793044-AC-2ST PAUL MINN PORT AUTH PKG REV SR LIEN-4TH PKG RAMP PJ-SER 1  8.00012/01/2027 65.000 / 65.000 66.625 / 75.00010.0006200
03/12/2003792905-BL-4ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV REGIONS HOSP PROJ 5.20005/15/2013 93.000 / 102.000 102.910 / 102.9109.91031010
04/02/2003189045-AX-5CLOQUET MINN POLLUTN CTL REV REF-POTLACH CORP PROJS  5.90010/01/2026 83.000 / 83.000 92.822 / 92.8239.823475
09/22/2003792905-BN-0ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV REGIONS HOSP PROJ  5.30005/15/2028 90.044 / 90.044 94.044 / 99.7509.706550
03/19/2003665444-FY-6NORTHERN MUN PWR AGY MINN ELEC SYS REV REF-SER B 4.75001/01/2020 94.100 / 100.800 103.800 / 103.8009.700640
12/18/2003974680-AS-9WINNEBAGO MINN REV AMERICAN BAPTIST HOMES PROJ-A  6.00002/15/2011 65.625 / 65.625 75.250 / 75.2509.625312
08/04/200379306E-KS-2ST PAUL MINN PORT AUTH INDL DEV REV SER C-1996 LOTTERY  7.00009/01/2022 58.400 / 58.400 68.000 / 68.0009.6005225
01/28/200379306E-DG-6ST PAUL MINN PORT AUTH INDL DEV REV SER C-1996 LOTTERY 10.00012/01/2006 87.500 / 92.000 97.000 / 97.0009.500755
04/17/2003616167-AC-6MOORHEAD MINN MULTIFAMILY HSG FACS REV FAIRMONT PROJ-SER B  10/01/2017 39.000 / 39.000 48.263 / 48.2639.263480
06/05/200379306E-KS-2ST PAUL MINN PORT AUTH INDL DEV REV SER C-1996 LOTTERY  7.00009/01/2022 57.230 / 62.500 66.250 / 66.2509.02091100
07/10/2003793044-AC-2ST PAUL MINN PORT AUTH PKG REV SR LIEN-4TH PKG RAMP PJ-SER 1  8.00012/01/2027 57.000 / 57.000 64.000 / 66.0009.0006340
03/27/2003132375-HT-6CAMBRIDGE MINN INDPT SCH DIST NO 911 SER A  5.25004/01/2018 102.498 / 108.210 104.250 / 111.3278.8296255
04/29/2003792905-BN-0ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV REGIONS HOSP PROJ  5.30005/15/2028 89.000 / 89.000 97.750 / 97.7508.75011400
04/02/200378916V-AT-7ST CLOUD MINN HEALTH CARE REV ST CLOUD HOEP OBLIG GROUP-A  5.75005/01/2026 100.470 / 100.470 109.173 / 109.1738.703445
06/04/2003459499-AK-5INTERNATIONAL FALLS MINN POLLUTN CTL REV REF-BOISE CASCADE CORP PROJ  5.65012/01/2022 86.210 / 86.210 94.909 / 94.9098.6996160
02/07/2003792905-BN-0ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV REGIONS HOSP PROJ 5.30005/15/2028 91.500 / 91.500 97.278 / 100.0008.5009340
02/10/2003792905-BN-0ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV REGIONS HOSP PROJ 5.30005/15/2028 91.500 / 91.500 97.278 / 100.0008.500221015
03/25/2003793043-AQ-3ST PAUL MINN PORT AUTH HSG & REDEV MULTIFAMILY HSG REV SER 1985 J  9.50012/01/2014 77.000 / 77.000 82.000 / 85.5008.500480
10/07/2003461229-BD-7INVER GROVE HEIGHTS MINN SR HSG REV PHM/INVER GROVE INC PRPJ-SER A  6.00011/01/2031 97.000 / 97.000 105.500 / 105.5008.500260
05/12/2003603797-PA-3MINNEAPOLIS ST PAUL MINN HSG FIN BRD REV SINGLE FAM MTG-FNMA&GNMA-XI-AB  5.80011/01/2030 97.000 / 97.000 105.368 / 105.3688.368430
12/02/2003052249-YX-1AUSTIN MINN UTIL-SER A  5.45010/01/2017 100.120 / 100.120 108.484 / 108.4848.364630
07/29/200379306E-CQ-5ST PAUL MINN PORT AUTH INDL DEV REV SER A-1996 LOTTERY  10.00001/01/2013 70.250 / 70.250 78.500 / 78.5008.250315
08/21/2003603908-FC-3MINNEAPOLIS MINN HEALTH CARE FAC REV FAIRVIEW HOSP & HLTHCARE-A  5.25011/15/2019 94.500 / 100.500 102.694 / 102.6948.194560
09/29/2003771902-DV-2ROCHESTER MINN HEALTH CARE FACS REV MAYO FOUNDATION-SER A  5.50011/15/2027 98.700 / 104.088 102.700 / 106.8798.17913835
09/30/2003443362-AA-6HUBBARD CNTY MINN SOLID WASTE DISP REV POTLATCH CORP PJ  7.37508/01/2013 94.475 / 94.475 102.619 / 102.6198.144450
02/26/2003509516-JN-1LAKE CRYSTAL MINN IMPT 5.35012/01/2010 103.000 / 103.000 111.140 / 111.1408.140220
09/08/2003560224-AQ-0MAHTOMEDI MINN SR HSG REV ST ANDREWS VILLAGE PROJ  7.25012/01/2034 100.000 / 100.000 108.078 / 108.1358.1354175
01/13/200379306E-BJ-2ST PAUL MINN PORT AUTH INDL DEV REV SER D-1996 LOTTERY 13.50011/01/2010 91.000 / 91.000 99.000 / 99.0008.000565
02/04/2003645453-AN-1NEW HOPE MINN HSG & HEALTH CARE FACS REV MINN MASONIC HOME NORTH RIDGE 5.60003/01/2029 92.000 / 92.000 98.357 / 100.0008.000370
06/13/200379306E-KQ-6ST PAUL MINN PORT AUTH INDL DEV REV SER A-1996 LOTTERY  7.00009/01/2010 72.000 / 72.000 80.000 / 80.0008.000420
10/22/2003444595-AC-6HUGO MINN INDL DEV REV REF-MINN UNION BUILDERS PROJ  8.00003/01/2027 74.000 / 74.000 82.000 / 82.0008.000280
08/08/2003603827-AD-8MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV SER A  5.00001/01/2030 92.150 / 100.000 98.494 / 99.9947.8445165
10/07/200379306E-KS-2ST PAUL MINN PORT AUTH INDL DEV REV SER C-1996 LOTTERY  7.00009/01/2022 63.750 / 67.750 71.530 / 71.5307.7805130
02/26/2003395108-BG-7GREENFIELD MINN IMPT 5.85012/15/2021 103.000 / 103.000 110.754 / 110.7547.754220
06/18/200379306E-DG-6ST PAUL MINN PORT AUTH INDL DEV REV SER C-1996 LOTTERY  10.00012/01/2006 88.000 / 88.000 95.730 / 95.7307.730525
01/02/2003843375-PX-8SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV SER B 4.85001/01/2007 97.250 / 97.250 98.250 / 104.9747.724320
05/27/200379306E-CJ-1ST PAUL MINN PORT AUTH INDL DEV REV SER J-1996 LOTTERY  12.12507/01/2012 91.875 / 91.875 99.500 / 99.5007.625525
12/02/2003665444-EV-3NORTHERN MUN PWR AGY MINN ELEC SYS REV  5.25001/01/2017 100.120 / 100.120 107.732 / 107.7327.612630
06/20/2003604151-2K-5MINNESOTA ST HIGHER ED FACS AUTH REV GUSTAVUS ADOLPHUS COLLEGE-4-X  4.80010/01/2024 93.120 / 93.120 100.700 / 100.7007.580440
10/27/2003793059-QQ-2ST PAUL MINN PORT AUTH INDL DEV REV 1983 SER U  10.75012/01/2013 75.500 / 75.500 83.000 / 83.0007.500460
09/24/2003771614-FY-5ROCHESTER MINN INDPT SCH DIST NO 535 SCH DIST CR ENHANCEMENT PROG-A  5.00002/01/2020 97.200 / 97.200 104.680 / 104.6807.480225
08/04/200360415M-XP-4MINNESOTA ST HSG FIN AGY AMT-SINGLE FAMILY MTG-SER E  5.90007/01/2029 98.830 / 98.830 106.282 / 106.2827.452330
09/26/2003521111-AQ-7LE CENTER MINN HSG & HEALTH CARE FACS REV SECOND CENTURY HSG PROJ  7.00009/01/2029 97.500 / 97.500 100.518 / 104.9467.446560
01/22/2003603701-AA-1MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN SPL FACS REV NORTHWEST AIRLINES  7.00004/01/2025 71.500 / 71.500 78.931 / 78.9317.4314525
08/28/2003381275-AB-2GOLDEN VALLEY MINN REV COVENANT RETIREMENT CMNTYS-A  5.50012/01/2029 96.000 / 96.000 99.997 / 103.4007.400565
06/11/200360374E-AT-8MINNEAPOLIS MINN HSG & HEALTH CARE FACS REV AUGUSTANA CHAPEL VIEW HOMES  6.75006/01/2027 101.500 / 101.500 104.483 / 108.8127.3126285
04/02/2003771902-DV-2ROCHESTER MINN HEALTH CARE FACS REV MAYO FOUNDATION-SER A  5.50011/15/2027 100.370 / 103.250 102.995 / 107.6777.30710270
08/19/200360374V-AC-7MINNEAPOLIS MINN HEALTH CARE SYS REV FAIRVIEW HEALTH SVCS-SER A  5.62505/15/2032 94.200 / 98.800 99.800 / 101.4987.298860
01/15/2003189045-AX-5CLOQUET MINN POLLUTN CTL REV REF-POTLACH CORP PROJS 5.90010/01/2026 85.500 / 85.500 92.790 / 92.7907.290240
02/20/200379306E-KA-1ST PAUL MINN PORT AUTH INDL DEV REV SER I-1996 LOTTERY 7.62512/01/2015 62.750 / 62.750 70.000 / 70.0007.2505125
03/11/2003582361-AA-9MCMINN CNTY TENN INDL DEV BRD SOLID WASTE REV RECYCLING FAC-CALHOUN NWSPRNT 7.40012/01/2022 92.750 / 94.400 100.000 / 100.0007.2507190
10/06/2003843375-QL-3SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV CAP APPREC-SER A  01/01/2024 30.679 / 30.679 36.101 / 37.9217.242580
11/18/2003771902-DV-2ROCHESTER MINN HEALTH CARE FACS REV MAYO FOUNDATION-SER A  5.50011/15/2027 99.800 / 104.937 105.881 / 106.9377.1374115
07/03/200379306E-LB-8ST PAUL MINN PORT AUTH INDL DEV REV SER H-1996 LOTTERY  8.50009/01/2011 62.500 / 62.500 69.600 / 69.6007.100490
01/14/2003603827-AD-8MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV SER A 5.00001/01/2030 97.781 / 97.781 100.581 / 104.8327.05110545
05/16/2003603827-AD-8MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV SER A  5.00001/01/2030 97.967 / 97.967 105.003 / 105.0037.036570
01/14/200379306E-CJ-1ST PAUL MINN PORT AUTH INDL DEV REV SER J-1996 LOTTERY 12.12507/01/2012 91.000 / 92.000 98.000 / 98.0007.000680
04/11/200379306E-KG-8ST PAUL MINN PORT AUTH INDL DEV REV SER L-1996 LOTTERY  7.50012/01/2010 70.000 / 70.000 77.000 / 77.0007.0002200
09/23/200379306E-CQ-5ST PAUL MINN PORT AUTH INDL DEV REV SER A-1996 LOTTERY  10.00001/01/2013 78.500 / 78.500 85.500 / 85.5007.000440
09/23/200379306E-GT-5ST PAUL MINN PORT AUTH INDL DEV REV SER H-1996 LOTTERY  9.12512/01/2014 71.500 / 71.500 78.500 / 78.5007.000460
09/23/200379306E-JH-8ST PAUL MINN PORT AUTH INDL DEV REV SER X-1996 LOTTERY  9.25012/01/2015 71.500 / 71.500 78.500 / 78.5007.000440
09/24/2003843375-VJ-2SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV PREREFUNDED-SER A-MBIA IBC  5.00001/01/2008 97.000 / 97.000 104.000 / 104.0007.000315
12/04/2003604920-G6-9MINNESOTA AGRIC & ECONOMIC DEV BRD REV HEALTH CARE SYS-SER A  6.37511/15/2029 105.510 / 105.510 112.500 / 112.5006.9904160
01/07/2003603827-EJ-1MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV SUB-SER C 5.25001/01/2026 98.818 / 98.818 105.686 / 105.6866.8684120
03/07/2003958697-AW-4WESTERN MINN MUN PWR AGY MINN PWR SUPPLY REV 6.37501/01/2016 111.500 / 111.500 118.307 / 118.3076.8073145
09/12/2003603827-AD-8MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV SER A  5.00001/01/2030 94.817 / 97.610 101.610 / 101.6106.793595
02/21/2003793042-AD-4ST PAUL MINN PORT AUTH HOTEL FAC REV RADISSON KELLOGG PROJ-SER A 8.05008/01/2021 118.946 / 121.000 125.701 / 125.7016.7556100
10/27/2003937791-HM-6WASHINGTON CNTY MINN HSG & REDEV AUTH GOVERNMENTAL REV REF-WOODLAND PK APTS 4.70010/01/2032 94.500 / 98.000 101.250 / 101.2506.7504125
09/30/2003771902-DV-2ROCHESTER MINN HEALTH CARE FACS REV MAYO FOUNDATION-SER A  5.50011/15/2027 100.160 / 100.160 103.660 / 106.8766.7165195
07/29/2003793059-TY-2ST PAUL MINN PORT AUTH INDL DEV REV SER A  8.00012/01/2013 64.800 / 64.800 71.500 / 71.5006.7004120
10/02/2003793066-DT-5ST PAUL MINN PORT AUTH REF REV SER 1983 C  9.87512/01/2008 82.800 / 82.800 89.500 / 89.5006.7004155
05/15/2003604920-ZT-8MINNESOTA AGRIC & ECONOMIC DEV BRD REV HLTH CARE-BENEDICTINE HLTH-A  5.25002/15/2015 103.357 / 103.357 110.025 / 110.0256.668420
01/16/2003645453-AN-1NEW HOPE MINN HSG & HEALTH CARE FACS REV MINN MASONIC HOME NORTH RIDGE 5.60003/01/2029 93.000 / 96.500 98.354 / 99.6606.660574485
02/28/2003792905-BN-0ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV REGIONS HOSP PROJ 5.30005/15/2028 90.000 / 90.000 94.667 / 96.6196.61913235
04/01/2003459499-AK-5INTERNATIONAL FALLS MINN POLLUTN CTL REV REF-BOISE CASCADE CORP PROJ  5.65012/01/2022 83.000 / 83.000 89.612 / 89.6126.6125105
09/17/200379306E-CQ-5ST PAUL MINN PORT AUTH INDL DEV REV SER A-1996 LOTTERY  10.00001/01/2013 76.500 / 76.500 83.050 / 83.0506.5504315
01/28/200379306E-LB-8ST PAUL MINN PORT AUTH INDL DEV REV SER H-1996 LOTTERY 8.50009/01/2011 72.480 / 72.480 79.000 / 79.0006.5205500
01/14/200379306E-BA-1ST PAUL MINN PORT AUTH INDL DEV REV SER M-1996 LOTTERY 13.50011/01/2011 93.500 / 93.500 100.000 / 100.0006.500240









These reports represent inter-dealer and customer trades in municipal securities that have been reported by dealers to the Municipal Securities Rulemaking Board. The reports do not necessarily reflect all transactions that were effected on the specific trade date. Because of the possibility of errors in the trade submission process or errors or omissions in other processing of data, the reports should not be used as the sole basis for pricing or executing transactions in municipal securities. Prices for securities transactions vary with market conditions and can be affected by trade size and other factors.

Data provided by : msrb.org

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