Issuer |
City of Olathe |
State |
Kansas |
Amount1 |
$14,260,000 |
Type
Issue/Series |
Water and Sewer System Improvement and Refunding Revenue Bonds Series 2020 |
Rating |
S&P: AA |
Bank
Qualified |
No |
Good Faith |
$285,200 check or wire required prior to bidding. See NOS for details. |
|
Sale Date |
5/19/20 |
Dated Date |
6/04/20 |
Settlement
Date2 |
6/04/20
|
Sale Time |
10:30 AM - 11:00 AM Eastern Time |
|
Interest Due |
7/1, 1/1 |
Principal Due |
7/01/20 - 7/01/40 |
First Interest
Date |
7/01/20 |
Call Dates |
7/01/28 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.000% |
Bid Details |
Max. Coupon: 3.730%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
Other Details |
Bonds on/after 7/1/29 may not be reoffered at a price less than 98.00%
No interest rate may exceed a rate equal to the daily yield for the 10-year Treasury Bond published by The Bond Buyer on the Monday next preceding the day on which the Bonds are sold, plus 3%
|
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