| Issuer |
State of Texas |
|
Amount1 |
$5,400,000,000 |
| Type
Issue/Series |
Tax and Revenue Anticipation Notes
Series 2017
Pursuant to the NOS, the Comptroller has set the coupon rate at 4.00% |
|
Rating |
Moody's: MIG 1S&P: SP-1+Fitch: F1+ Kroll: K1+ |
|
Good Faith |
As set out in NOS, each bidder must submit on or before 5pm CT Mon. 8/21/17:
Bid Commitment Form: Attachment A to NOS,
Form 1295: Certificate of Interested Parties (Form 1295)
Good Faith: 1% of notes bid - wire transfer |
|
|
Sale Date |
8/22/17 |
|
Dated Date |
9/01/17 |
| Settlement
Date2 |
9/01/17
|
|
Sale Time |
10:00 AM - 11:00 AM Eastern Time |
|
|
Interest Due |
8/30/18 |
|
Maturity Date |
8/30/18 |
|
Days to Maturity |
363 |
| Day Basis |
Actual/365 |
| Call Dates |
Non-callable |
|
Min. Bid Price
|
$5,000,000 |
|
Min. Bid Increment
|
$5,000,000 |
|
Premium Bids
|
Allowed |
|
Discount Bids
|
Not Allowed |
| Other Details |
Pursuant to the NOS, the Comptroller has set the coupon rate at 4.00% |
|
| Bid Format |
Partial |
| Auction Format |
Closed |
| Award Basis
|
NIC |
| Two-Minute Rule
|
No |
| Bond Counsel |
Andrews Kurth LLP
Austin, TX
Phone: 512-320-9200 |
| Web
Site |
www.TRANTexas.com |
| Contact |
George K. Baum & Company
Gary Machak
Dallas, TX
Phone: 214-365-0500 (Office)
machak@gkbaum.com |
| Issuer |
Texas Comptroller of Public Accounts
Paula Griffin
TRAN Project Manager
Austin, TX
Phone: 512-463-6369
Fax: 512-463-6024
TRANTexas@cpa.texas.gov |
|
|