Market Data
Results of competitive sales: 04/22/2025

CONNECTICUT

Somers (Town)

Apr 17, 2025 $2,000,000

General Obligation Bonds, Issue of 2025 (bank qualified) (book entry).

Dated May 6, 2025.

Due May 1, 2026 to 2035.

Callable May 1, 2033 at par.

Winning bid: SWBC Investment Svcs, at 106.5309, TIC 3.3255%.

L.O.: Updike, Kelly & Spellacy, P.C., Hartford, CT.

F.A.: Munistat Services, Inc., Madison, CT.

Other bidders were:

Brownstone Inv Grp, TIC 3.3425%

Roosevelt & Cross, TIC 3.3801%

StoneX Fin Inc., TIC 3.4231%

Baird, TIC 3.4697%

Bancroft Capital, TIC 3.6167%


ILLINOIS

Palos Heights School District No. 128

Apr 21, 2025 $5,305,000

General Obligation Limited Tax School Bonds, Series 2025 (bank qualified) (book entry).

Dated May 13, 2025.

Due Dec 1, 2026 to 2037.

Callable Dec 1, 2034 at par.

Winning bid: Baird, at 105.2619, TIC 3.9309%.

Other managers: CL King & Associates, Bernardi Securities, Inc., Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Carty, Harding, & Hearn, Inc., Northland Securities, Inc., The Baker Group, Cadz Securities Inc,, Oppenheimer & Co., Inc., Celadon Financial Group, LLC, D.A. Davidson & Co., FMSbonds, Inc., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Bank of New York Mellon Capital Markets, LLC, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..

L.O.: Chapman and Cutler LLP, Chicago, IL.

F.A.: PMA Securities, Inc, Naperville, IL.

Other bidders were:

Stifel Nicolaus, TIC 4.0432%

Hilltop Securities, TIC 4.0461%


KANSAS

Derby (City)

Apr 17, 2025 $8,400,000

General Obligation Temporary Notes, Series 2025-1 (book entry).

Dated May 8, 2025.

Due Dec 1, 2027.

Callable Dec 1, 2026 at par.

Winning bid: Baird, at 99.6690, TIC 4.1362%.

Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Country Club Bank, SouthState | DuncanWilliams Securities Corp., Northland Securities, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Central States Capital Markets, LLC, Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Valdes & Moreno, Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..

L.O.: Gilmore & Bell, Wichita, KS.

F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN; and Baker Tilly Municipal Advisors, LLC, Overland Park, KS.

Other bidders were:

Oppenheimer, TIC 4.2455%


MICHIGAN

Brandon School District

Apr 21, 2025 $5,185,000

2025 School Building and Site Bonds, Series II (General Obligation - Unlimited Tax) (Michigan School Bond Qualified and Loan Program) (bank qualified) (book entry).

Dated May 20, 2025.

Due May 1, 2028 to 2041.

Callable May 1, 2035 at par.

Winning bid: Baird, at 100.3827, TIC 3.9438%.

Other managers: CL King & Associates, Fidelity Capital Markets, Edward Jones, Crews & Associates, Inc., Northland Securities, Inc., The Baker Group, A.G.P./Alliance Global Partners, Cadz Securities Inc,, Celadon Financial Group, LLC, FMSbonds, Inc., United Banker's Bank, First Southern LLC, Blaylock Van, LLC, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Falcon Square Capital.

L.O.: Thrun Law Firm, P.C., East Lansing, MI.

F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.

Other bidders were:

Stifel Nicolaus, TIC 3.9512%

Piper Sandler, TIC 4.1254%

StoneX Fin Inc., TIC 4.2029%

PNC Capital Markets, TIC 4.38%


MINNESOTA

Buffalo (City)

Apr 21, 2025 $6,385,000

General Obligation Temporary Tax Abatement Bonds, Series 2025A (book entry).

Dated May 15, 2025.

Due Feb 1, 2028.

Callable Feb 1, 2026 at par.

Winning bid: Baird, at 99.4000, TIC 3.9814%.

Other managers: CL King & Associates, Colliers Securities LLC, Country Club Bank, Crews & Associates, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Celadon Financial Group, LLC, Oppenheimer & Co., Inc., Midland Securities Ltd, FMSbonds, Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..

L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.

F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.

Other bidders were:

Northland Securities, TIC 4.0603%


Shoreview (City)

Apr 21, 2025 $11,255,000

General Obligation Bonds, Series 2025A (book entry).

Dated May 15, 2025.

Due Feb 1, 2027 to 2046.

Callable Feb 1, 2035 at par.

Winning bid: Baird, at 103.3635, TIC 4.0179%.

Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Davenport & Company LLC, Stifel, Nicolaus & Co., Inc., Bernardi Securities, Inc., Crews & Associates, Inc., Carty, Harding, & Hearn, Inc., Bank of New York Mellon Capital Markets, LLC, Cadz Securities Inc,, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Celadon Financial Group, LLC, BOK Financial Securities, Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc..

L.O.: Dorsey & Whitney, Minneapolis, MN.

F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN.

Other bidders were:

Hilltop Securities, TIC 4.0395%

Piper Sandler, TIC 4.0499%

Huntington Secs, TIC 4.0695%

Fidelity Capital, TIC 4.0798%

UBS Financial Svcs, TIC 4.1097%

Northland Securities, TIC 4.1298%

Bancroft Capital, TIC 4.2501%


OKLAHOMA

Okfuskee County Independent School District No. 26 (Okemah)

Apr 21, 2025 $995,000

Building Bonds of 2025 (bank qualified) (book entry).

Dated Jun 1, 2025.

Due Jun 1, 2027 to 2028.

Non-callable.

Winning bid: BOK Fin Secs, at n/a, NIC 3.6426%.

L.O.: State Attorney General.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Country Club Bank, NIC 3.8434%

Exchange Bank, NIC 4.0753%

Legacy Bank, NIC 5.1%


Tillman County Independent School District #158 (Frederick)

Apr 21, 2025 $895,000

Building Bonds of 2025 (bank qualified) (book entry).

Dated Jun 1, 2025.

Due Jun 1, 2027 to 2028.

Non-callable.

Winning bid: BOK Fin Secs, at n/a, NIC 3.6897%.

L.O.: Floyd & Driver, PLLC, Norman, OK; and State Attorney General.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Country Club Bank, NIC 3.8493%

Legacy Bank, NIC 5.1%


SOUTH CAROLINA

Georgetown County Water and Sewer District

Apr 21, 2025 $9,780,000

Water and Sewer System Revenue Bonds, Series 2025 (bank qualified) (book entry).

Dated May 12, 2025.

Due Jun 1, 2026 to 2045.

Callable Jun 1, 2034 at par.

Winning bid: Baird, at 100.4085, TIC 4.0708%.

Hilltop Securities, TIC 4.2498%

L.O.: Pope Flynn LLC, Columbia, SC.

F.A.: Compass Municipal Advisors, Columbia, SC.

Other bidders were:

Stifel Nicolaus, TIC 4.1981%

Hilltop Securities, TIC 4.2498%

Piper Sandler, TIC 4.2634%

FHN Fin Cap Mkts, TIC 4.3459%

UBS Financial Svcs, TIC 4.3596%


TEXAS

East Montgomery County Municipal Utility District No. 5

Apr 17, 2025 $8,000,000

Unlimited Tax Road Bonds, Series 2025 (book entry).

Dated May 1, 2025.

Due Sep 1, 2026 to 2050.

Callable Sep 1, 2030 at par.

Winning bid: SAMCO Cap Mkts, at 97.0127, NIC 4.9666%.

Other managers: FHN Financial Capital Markets, Intercoastal Capital Markets, Inc., M. E. Allison & Co., Inc., R. Seelaus & Co., Inc., Ramirez & Co., Inc., CINCaP Investment Group, Estrada Hinojosa & Company, Inc., Carty, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.

L.O.: Coats Rose, P.C, Houston, TX; and State Attorney General.

F.A.: Baird, Houston, TX.

Other bidders were:

Hilltop Securities, NIC 5.0591%


East Montgomery County Municipal Utility District No. 6

Apr 17, 2025 $2,850,000

Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).

Dated May 1, 2025.

Due Sep 1, 2026 to 2050.

Callable Sep 1, 2030 at par.

Winning bid: Bernardi Securities, at 97.0735, NIC 4.703%.

L.O.: Coats Rose, P.C, Houston, TX; and State Attorney General.

F.A.: Baird, Houston, TX.

Other bidders were:

Northland Securities, NIC 4.7309%

BOK Fin Secs, NIC 4.7379%

SWBC Investment Svcs, NIC 4.8063%

Raymond James, NIC 4.8253%

SAMCO Cap Mkts, NIC 5.0126%

Hilltop Securities, NIC 5.0254%


Kendall County Water Control and Improvement District No. 3A

Apr 21, 2025 $7,525,000

Unlimited Tax Bonds, Series 2025 (book entry).

Dated May 1, 2025.

Due Sep 1, 2026 to 2050.

Callable Sep 1, 2031 at par.

Winning bid: Northland Securities, at 97.0000, NIC 5.0777%.

Other managers: Celadon Financial Group, LLC, CL King & Associates.

L.O.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.

F.A.: Baird, Houston, TX.

Other bidders were:

RBC Capital Mkts, NIC 5.0967%

SAMCO Cap Mkts, NIC 5.1048%


Sherman (City)

Apr 21, 2025 $24,750,000

Combination Tax and Revenue Certificates of Obligation, Series 2025 (book entry).

Dated May 15, 2025.

Due Aug 15, 2026 to 2055.

Callable Aug 15, 2034 at par.

Winning bid: Raymond James, at 102.0877, TIC 4.7618%.

Other managers: Fidelity Capital Markets, Ramirez & Co., Inc., SumRidge Partners, LLC, Siebert Williams Shank & Co., L.L.C, Zeus Financial, LLC, American Veterans Group.

L.O.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.

F.A.: Specialized Public Finance Inc., Austin, TX.

Other bidders were:

Baird, TIC 4.7747%

Mesirow Financial, TIC 4.8107%


Van Alstyne Municipal Utility District No. 3

Apr 21, 2025 $6,605,000

Unlimited Tax Utility Bonds, Series 2025 (book entry).

Dated May 1, 2025.

Due Sep 1, 2027 to 2050.

Callable May 1, 2031 at par.

Winning bid: Hilltop Securities, at 97.0000, NIC 5.3222%.

Other managers: FMSbonds, Inc..

L.O.: Coats Rose, P.C, Dallas, TX; and State Attorney General.

F.A.: Baird, Dallas, TX.

Other bidders were:

GMS Group, NIC 5.4428%


WISCONSIN

Menomonie (City)

Apr 21, 2025 $2,820,000

General Obligation Promissory Notes, Series 2025A (bank qualified) (book entry).

Dated May 6, 2025.

Due Nov 1, 2026 to May 1, 2045.

Callable Nov 1, 2033 at par.

Winning bid: Baird, at 102.4136, TIC 4.0912%.

Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., Country Club Bank, Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, Bernardi Securities, Inc., Cadz Securities Inc,, A.G.P./Alliance Global Partners, UMB Bank, N.A.., Midland Securities Ltd, FMSbonds, Inc., StoneX Financial Inc., First Southern LLC, Dinosaur Securities, Blaylock Van, LLC, Mountainside Securities LLC, Caldwell Sutter Capital, Inc..

L.O.: Fryberger, Buchanan, Smith & Frederick, Duluth, MN.

F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.

Other bidders were:

Northland Securities, TIC 4.1752%

BOK Fin Secs, TIC 4.2317%

Hilltop Securities, TIC 4.4329%


TAXABLE ISSUES


ILLINOIS

Antioch Community Consolidated School District No. 34

Apr 21, 2025 $3,935,000

Taxable General Obligation Limited Tax Refunding School Bonds, Series 2025A (book entry).

Dated May 12, 2025.

Due Jan 1, 2037 to 2041.

Callable Jan 1, 2035 at par.

Winning bid: Baird, at 100.0000, TIC 5.7498%.

Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Edward Jones, Northland Securities, Inc., Cadz Securities Inc,, First Bankers' Banc Securities Inc., SouthState | DuncanWilliams Securities Corp., Isaak Bond Investments, Inc., Celadon Financial Group, LLC, FMSbonds, Inc., A.G.P./Alliance Global Partners, First Southern LLC, Midland Securities Ltd, Multi-Bank Securities Inc., Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., United Banker's Bank, Blaylock Van, LLC, Carty, Harding, & Hearn, Inc., ZIONS BANK division of ZB, N.A., Bernardi Securities, Inc..

L.O.: Chapman and Cutler LLP, Chicago, IL.

F.A.: PMA Securities, Inc, Naperville, IL.

Other bidders were:

Piper Sandler, TIC 5.9934%


OHIO

Huron (City)

Apr 17, 2025 $2,450,000

General Obligation (Limited Tax) Taxable Electric System Improvement Bonds, Series 2025 (book entry).

Dated Apr 30, 2025.

Due Dec 1, 2026 to 2045.

Callable Dec 1, 2033 at par.

Winning bid: Bernardi Securities, at 100.0060, TIC 5.5547%.

L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.

F.A.: Sudsina & Associates, Aurora, OH.

Other bidders were:

Baird, TIC 5.5579%

Fifth Third Secs, TIC 5.8511%