New Issue: Idaho Bond Bank Authority prices $66.34 million of 2012 D revenue bonds

By Sheri Kasprzak

New York, Nov. 29 - The Idaho Bond Bank Authority priced $66.34 million of series 2012D revenue bonds, according to a term sheet.

The bonds (Aa1) were sold through senior manager Seattle-Northwest Securities Inc.

The bonds are due 2013 to 2030 with term bonds due in 2032 and 2038. The serial coupons range from 2% to 5%. The 2032 bonds have a 3% coupon priced at 101.094 and the 2038 bonds have a 3.125% coupon priced at 98.688.

Proceeds will be used to finance and refinance wastewater system projects within the state.

Issuer:	Idaho Bond Bank Authority
Issue:	Series 2012D revenue bonds
Amount:	$66.34 million
Type:	Negotiated
Underwriter:	Seattle-Northwest Securities Inc.
Rating:	Moody's: Aa1
Pricing date:	Nov. 29
Settlement date:	Dec. 20
Amount	Maturity	Type	Coupon	Price
$2,895,000	2013	Serial	2%	101.278
$3,385,000	2014	Serial	2%	102.765
$3,445,000	2015	Serial	2%	103.931
$3.56 million	2016	Serial	4%	112.226
$3,695,000	2017	Serial	4%	114.942
$3,855,000	2018	Serial	2%	106.135
$3.93 million	2019	Serial	4%	119.135
$4.08 million	2020	Serial	4%	120.216
$4,245,000	2021	Serial	4%	120.578
$4,145,000	2022	Serial	3%	111.808
$3,715,000	2023	Serial	5%	127.944
$3.76 million	2024	Serial	5%	127.433
$3,775,000	2025	Serial	5%	126.519
$3,505,000	2026	Serial	5%	126.216
$3.22 million	2027	Serial	5%	125.612
$2.1 million	2028	Serial	5%	124.813
$2,005,000	2029	Serial	4%	112.245
$1.57 million	2030	Serial	5%	123.625
$2,985,000	2032	Term	3%	101.094
$2.47 million	2038	Term	3.125%	98.688

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