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Tuesday,  November 3, 2020
 
MANAGING DIRECTOR:
Scott Carrithers
 
PORTFOLIO SALES AND SERVICE:
Steve Panknin • George Morris • Jeff Goble • Chris Thompson • Sean Doherty
Kevin Doyle • Lonnie Harris •  Mark Tranckino • Robert Schuyler • Tom Toburen
Josh Kiefer • Nicole Burczyk • Natalie Regan • Aaron Stoffer • David Farris
 
US Treasury Market
Date 1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr
10/27/20 0.08 0.10 0.11 0.12 0.16 0.19 0.34 0.56 0.79 1.34 1.57
10/28/20 0.07 0.10 0.11 0.12 0.16 0.19 0.34 0.56 0.79 1.34 1.56
10/29/20 0.08 0.09 0.10 0.12 0.16 0.20 0.38 0.61 0.85 1.39 1.62
10/30/20 0.08 0.09 0.11 0.13 0.14 0.19 0.38 0.64 0.88 1.43 1.65
11/02/20 0.09 0.09 0.11 0.13 0.16 0.20 0.38 0.63 0.87 1.41 1.63
                                                                                                                                                  Source: U.S. Department of Treasury as of 11/02/2020

                                 Missouri Bank Qualified School Bonds

Country Club Bank Capital Markets Group owns and offers the following:

Marion and Ralls Counties School District #60, MO
Unlimited Tax G.O. Refunding Bonds
Hannibal Board of Education
S & P AA+
Dated:  12-3-2020  
1st Cpn:  9-1-2021
Settlement:  12-3-2020
Non-callable
**Bank qualified**

PAR VALUE COUPON MATURITY YTM PRICE
390M 2.00% 3-1-2028 .85 108.062
1,335M 2.00% 3-1-2029 .90 108.721


With bond yields remaining near record lows and little relief in sight, portfolio managers face a challenge of staying short with purchases while also attempting to generate sufficient income to make budget.  In light of this dilemma, intermediate term municipal bonds continue to be one of the best options in addressing this challenge.

The securities highlighted above are particularly attractive for “S” Corp banks as the tax equivalent yields return 1.21% and 1.28% in 7 plus years (3-1-2028) and 8 plus years (3-1-2029) respectively.

We offer these bond subject to change in price and availability.














 



This information is intended for institutional investors only. The material provided in this document/presentation is for informational purposes only and is intended solely for private use. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instruments.

•Not FDIC Insured •No Bank Guarantee •May Lose Value