City of Salinas, El Gabilan Library 2018

Salinas Public Facilities Inc

Invest in a new library for the City of Salinas and earn tax-exempt interest. The new El Gabilan Library is designed with a community focus that features an outdoor children's zone, a teen area, a homework help area and an outdoor patio and amphitheater. Please review the offering documents under "Documents" tab for full details.


Issuance characteristics
  • Contains callable maturities
  • Federally tax exempt
  • Revenue
  • Competitive sale

Sale closed

These are the final prices as noted in the Official Statement. These bonds are now subject to secondary market conditions.

This issuance has 17 maturity options, ranging from 2020 to 2048.

  • Maturity date 12/01/2020 Principal amount $210K Coupon 3.000% Call features
    Approximate price 103.116 Credit enhancement No
  • Maturity date 12/01/2021 Principal amount $215K Coupon 3.000% Call features
    Approximate price 103.859 Credit enhancement No
  • Maturity date 12/01/2022 Principal amount $220K Coupon 5.000% Call features
    Approximate price 112.951 Credit enhancement No
  • Maturity date 12/01/2023 Principal amount $235K Coupon 5.000% Call features
    Approximate price 113.363 Credit enhancement No
  • Maturity date 12/01/2024 Principal amount $240K Coupon 5.000% Call features
    Approximate price 114.504 Credit enhancement No
  • Maturity date 12/01/2025 Principal amount $255K Coupon 5.000% Call features
    Approximate price 115.96 Credit enhancement No
  • Maturity date 12/01/2026 Principal amount $270K Coupon 5.000% Call features
    Approximate price 117.174 Credit enhancement No
  • Maturity date 12/01/2027 Principal amount $280K Coupon 5.000% Call features Approximate price 116.378 Credit enhancement No
  • Maturity date 12/01/2028 Principal amount $295K Coupon 5.000% Call features Approximate price 115.589 Credit enhancement No
  • Maturity date 12/01/2029 Principal amount $310K Coupon 5.000% Call features Approximate price 116.782 Credit enhancement No
  • Maturity date 12/01/2030 Principal amount $325K Coupon 5.000% Call features Approximate price 113.771 Credit enhancement No
  • Maturity date 12/01/2036 Principal amount $2.26M Coupon 4.000% Call features Approximate price 104.72 Credit enhancement No
  • Maturity date 12/01/2037 Principal amount $430K Coupon 3.250% Call features Approximate price 91.036 Credit enhancement No
  • Maturity date 12/01/2038 Principal amount $445K Coupon 3.375% Call features Approximate price 91.931 Credit enhancement No
  • Maturity date 12/01/2043 Principal amount $2.5M Coupon 4.000% Call features Approximate price 99.681 Credit enhancement No
  • Maturity date 12/01/2048 Principal amount $8.3M Coupon 3.750% Call features Approximate price 97 Credit enhancement No
  • Maturity date 12/01/2048 Principal amount $3.04M Coupon 4.000% Call features Approximate price 100.828 Credit enhancement No