ILLINOIS
Elgin (City)
Apr 23, 2025 $15,770,000
General Obligation Corporate Purpose Bonds, Series 2025 (book entry).
Dated May 7, 2025.
Due Dec 15, 2026 to 2039.
Callable Dec 15, 2034 at par.
Winning bid: Hilltop Securities, at n/a, TIC 4.113%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Baird, TIC 4.1163%
FHN Fin Cap Mkts, TIC 4.1641%
KeyBanc Cap Mkts, TIC 4.1948%
IOWA
Clive (City)
Apr 24, 2025 $5,570,000
General Obligation Corporate Purpose Bonds, Series 2025A (book entry).
Dated May 8, 2025.
Due Jun 1, 2026 to 2037.
Callable Jun 1, 2033 at par.
Winning bid: Baird, at 105.6994, TIC 3.7495%.
Other managers: CL King & Associates, Edward Jones, Colliers Securities LLC, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Bernardi Securities, Inc., Oppenheimer & Co., Inc., Carty, Harding, & Hearn, Inc., Northland Securities, Inc., Country Club Bank, Cadz Securities Inc,, Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Midland Securities Ltd, FMSbonds, Inc., Isaak Bond Investments, 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., ZIONS BANK division of ZB, N.A., BOK Financial Securities.
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
FHN Fin Cap Mkts, TIC 3.8796%
Huntington Secs, TIC 3.902%
Sibley-Ocheyedan Community School District
Apr 23, 2025 $6,500,000
School Infrastructure Sales, Services and Use Tax Revenue Bonds, Series 2025 (bank qualified) (book entry).
Dated Jun 3, 2025.
Due Jul 1, 2026 to 2041.
Callable Jul 1, 2032 at par.
Winning bid: Stifel Nicolaus, at 99.3827, TIC 4.3006%.
Other managers: BOK Financial Securities.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Sandler & Co, Des Moines, IA.
Other bidders were:
Raymond James, TIC 4.4174%
Baird, TIC 4.4718%
KeyBanc Cap Mkts, TIC 4.5984%
West Fork Community School District
Apr 24, 2025 $9,995,000
General Obligation School Bonds, Series 2025 (bank qualified) (book entry).
Dated Jun 10, 2025.
Due Jun 1, 2026 to 2045.
Callable Jun 1, 2031 at par.
Winning bid: Baird, at 99.5149, TIC 4.1419%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, UMB Bank, N.A., Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., The Baker Group, Oppenheimer & Co., Inc., Cadz Securities Inc,, Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, FMSbonds, Inc., First Kentucky Securities Corp., Isaak Bond Investments, Inc., Midland Securities Ltd, First Southern LLC, Blaylock Van, LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., United Banker's Bank, A.G.P./Alliance Global Partners, Falcon Square Capital, ZIONS BANK division of ZB, N.A., Country Club Bank, D.A. Davidson & Co..
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Sandler & Co, Des Moines, IA.
Other bidders were:
Northland Securities, TIC 4.1903%
BOK Fin Secs, TIC 4.3698%
KeyBanc Cap Mkts, TIC 4.7385%
KENTUCKY
Union County School District Finance Corporation
Apr 24, 2025 $13,940,000
School Building Revenue Bonds, Series of 2025 (Kentucky School District Credit Enhancement Program) (book entry).
Dated May 15, 2025.
Due May 1, 2026 to 2045.
Callable May 1, 2033 at par.
Winning bid: StoneX Fin Inc., at 98.1430, NIC 4.4412%.
Other managers: CINCaP Investment Group, Bancroft Capital, LLC, R. Seelaus & Co., Inc..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
Baird, NIC 4.4891%
Fidelity Capital, NIC 4.5746%
Huntington Secs, NIC 4.6979%
KeyBanc Cap Mkts, NIC 4.7586%
MASSACHUSETTS
West Newbury (Town)
Apr 23, 2025 $2,080,000
General Obligation Municipal Purpose Loan of 2025 Bonds (bank qualified) (book entry).
Dated May 15, 2025.
Due Sep 1, 2025 to 2044.
Callable Sep 1, 2033 at par.
Winning bid: Brownstone Inv Grp, at 103.1413, TIC 3.9904%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Baird, TIC 4.0327%
Fidelity Capital, TIC 4.0878%
Roosevelt & Cross, TIC 4.1861%
Woburn (City)
Apr 24, 2025 $14,635,000
General Obligation Fire Station Bonds (book entry).
Dated May 15, 2025.
Due Sep 1, 2025 to 2044.
Callable Sep 1, 2033 at par.
Winning bid: Mesirow Financial, at 103.4042, TIC 3.8854%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Fidelity Capital, TIC 3.9178%
Bancroft Capital, TIC 3.9247%
Janney Montgomery, TIC 3.9251%
Baird, TIC 3.936%
FHN Fin Cap Mkts, TIC 4.0295%
KeyBanc Cap Mkts, TIC 4.0579%
MICHIGAN
Three Rivers Community Schools
Apr 24, 2025 $13,575,000
2025 School Building and Site Bonds, Series III (General Obligation - Unlimited Tax) (Michigan School Bond Qualification Loan Program).
Dated May 22, 2025.
Due Nov 1, 2025 to 2039.
Callable May 1, 2035 at par.
Winning bid: UBS Financial Svcs, at n/a, TIC 3.9369%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Baker Tilly Municipal Advisors, LLC, East Lansing, MI.
Other bidders were:
FHN Fin Cap Mkts, TIC 3.9383%
Jefferies, TIC 3.9472%
Baird, TIC 3.958%
KeyBanc Cap Mkts, TIC 4.018%
Hilltop Securities, TIC 4.0568%
Huntington Secs, TIC 4.1099%
StoneX Fin Inc., TIC 4.166%
Trenton (City)
Apr 24, 2025 $1,965,000
2025 Capital Improvement Bonds (Limited Tax General Obligation) (book entry).
Dated May 15, 2025.
Due Apr 1, 2026 to 2032.
Non-callable.
Winning bid: Huntington Secs, at 104.7275, TIC 3.6981%.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Grosse Pointe, MI.
Other bidders were:
StoneX Fin Inc., TIC 3.8491%
Bernardi Securities, TIC 3.8817%
NEVADA
Clark County School District
Apr 24, 2025 $200,000,000
General Obligation (Limited Tax) Building Bonds, Series 2025A (book entry).
Dated May 8, 2025.
Due Jun 15, 2026 to 2045.
Callable Jun 15, 2035 at par.
Winning bid: BofA Securities, at 98.4990, TIC 4.3103%.
L.O.: Taft, Stettinius & Hollister LLP, Las Vegas, NV.
F.A.: Zions Public Finance, Las Vegas, NV.
Other bidders were:
Morgan Stanley, TIC 4.327%
Wells Fargo Corp, TIC 4.3493%
JPMorgan, TIC 4.3609%
Baird, TIC 4.4017%
Truist Secs, Inc., TIC 4.4035%
NEW JERSEY
Bedminster Township
Apr 24, 2025 $699,400
Bond Anticipation Notes (bank qualified).
Dated May 8, 2025.
Due Feb 13, 2026.
Purchased $699,400.00 by Oppenheimer, at 4.75%, plus $110.00, effective rate 4.7294%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Eagleswood Township
Apr 24, 2025 $1,333,148
Bond Anticipation Notes (bank qualified).
Dated May 8, 2025.
Due May 8, 2026.
Purchased $1,333,148.00 by Provident Bank, at 3.35%, effective rate 3.35%.
L.O.: Decotiis FitzPatrick, Cole & Giblin, LLP, Paramus, NJ.
F.A.: Municipal Official(s).
Frenchtown Borough
Apr 24, 2025 $903,746
Bond Anticipation Notes (bank qualified).
Dated May 1, 2025.
Due May 1, 2026.
Purchased $903,746.00 by East Brunswick Twp, at 4.0%, effective rate 4.0%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Passaic Vly Wtr Comm, Effective Rate 4.3707%
Janney Montgomery, Effective Rate 4.684%
Oppenheimer, Effective Rate 4.996%
Frenchtown Borough
Apr 24, 2025 $2,017,142
Bond Anticipation Notes (bank qualified).
Dated May 1, 2025.
Due Aug 8, 2025.
Purchased $2,017,142.00 by East Brunswick Twp, at 3.97%, effective rate 3.97%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Amboy Bank, Effective Rate 4.0%
Passaic Vly Wtr Comm, Effective Rate 4.3974%
Janney Montgomery, Effective Rate 4.6943%
Oppenheimer, Effective Rate 5.4852%
Livingston Township Board of Education
Apr 23, 2025 $37,120,000
Refunding School Bonds, Series 2025 (New Jersey School Bond Reserve Act, 1980 N.J. Law c. 72, as amended) (book entry).
Dated May 6, 2025.
Due Jul 15, 2025 to 2037.
Callable Jul 15, 2035 at par.
Winning bid: Jefferies, at 104.3440, TIC 3.213%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Janney Montgomery, TIC 3.4288%
Raymond James, TIC 3.4531%
Wells Fargo Corp, TIC 3.4828%
Baird, TIC 3.505%
UBS Financial Svcs, TIC 3.5235%
Middlesex Borough
Apr 24, 2025 $3,401,000
Bond Anticipation Notes, Series 2025A (bank qualified).
Dated May 7, 2025.
Due May 6, 2026.
Purchased $3,401,000.00 by Jefferies, at 4.0%, plus $18,059.31, effective rate 3.4675%.
L.O.: Dilworth Paxson, Freehold, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Piper Sandler, Effective Rate 3.4922%
Oppenheimer, Effective Rate 3.556%
TD Securities, Effective Rate 3.6611%
BNY Mellon Cap Mkts, Effective Rate 3.7256%
Passaic Vly Wtr Comm, Effective Rate 4.3874%
Middlesex Borough
Apr 24, 2025 $5,320,000
General Obligation Bonds, Series 2025 (bank qualified) (book entry).
Dated May 7, 2025.
Due May 1, 2026 to 2037.
Callable May 1, 2032 at par.
Winning bid: Brownstone Inv Grp, at 102.8870, TIC 3.4933%.
L.O.: Dilworth Paxson, Freehold, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Roosevelt & Cross, TIC 3.58%
Baird, TIC 3.5963%
North Brunswick Township Board of Education
Apr 24, 2025 $63,794,000
School Bonds (New Jersey School Bond Reserve Act) (book entry).
Dated May 15, 2025.
Due May 15, 2027 to 2045.
Callable May 15, 2033 at par.
Winning bid: Raymond James, at 100.0000, NIC 3.9911%.
Other managers: Fidelity Capital Markets, Morgan Stanley & Co., Inc., Ramirez & Co., Inc., SumRidge Partners, LLC, Advisors Asset Management Inc, American Veterans Group, Zeus Financial, LLC, Siebert Williams Shank & Co., L.L.C.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
UBS Financial Svcs, NIC 3.9955%
Janney Montgomery, NIC 3.9999%
Wells Fargo Corp, NIC 3.9999%
JPMorgan, NIC 3.9999%
Mesirow Financial, NIC 4.0%
Baird, NIC 4.0825%
Jefferies, NIC 4.1065%
NEW YORK
Chappaqua Central School District
Apr 24, 2025 $33,840,000
General Obligation Bonds School District Serial Bonds, 2025 (book entry).
Dated May 15, 2025.
Due Jul 15, 2026 to 2040.
Callable Jul 15, 2033 at par.
Winning bid: FHN Fin Cap Mkts, at 103.3724, NIC 3.6117%.
Other managers: Roosevelt & Cross, Inc., Stifel, Nicolaus & Co., Inc., Intercoastal Capital Markets, Inc., R. Seelaus & Co., Inc., Edward Jones, CINCaP Investment Group, Oppenheimer & Co., Inc..
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
Janney Montgomery, NIC 3.6167%
Mesirow Financial, NIC 3.6225%
Fidelity Capital, NIC 3.6245%
UBS Financial Svcs, NIC 3.6299%
BNY Mellon Cap Mkts, NIC 3.6433%
Huntington Secs, NIC 3.6483%
StoneX Fin Inc., NIC 3.663%
Jefferies, NIC 3.663%
Baird, NIC 3.6738%
Haverstraw (Town)
Apr 24, 2025 $3,025,000
Public Improvement Serial Bonds - 2025 (bank qualified) (book entry).
Dated May 8, 2025.
Due May 1, 2026 to 2035.
Non-callable.
Winning bid: Fidelity Capital, at 108.8824, TIC 3.2796%.
Other managers: Raymond James & Associates, Inc..
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY; and Capital Markets Advisors, LLC, New York, NY.
Other bidders were:
BNY Mellon Cap Mkts, TIC 3.3246%
Brownstone Inv Grp, TIC 3.3366%
Roosevelt & Cross, TIC 3.3422%
Baird, TIC 3.3766%
Ilion Villiage
Apr 24, 2025 $3,195,000
General Obligations Bond Anticipation Notes, 2025.
Dated May 8, 2025.
Due May 8, 2026.
Purchased $3,195,000.00 by Piper Sandler, at 4.5%, plus $17,668.35, effective rate 3.947%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Indian Lake (Town)
Apr 24, 2025 $7,000,000
General Obligations Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated May 7, 2025.
Due May 7, 2026.
Purchased $7,000,000.00 by Oppenheimer, at 5.25%, plus $750.00, effective rate 5.2393%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Le Roy Central School District
Apr 24, 2025 $1,113,692
Bond Anticipation Notes, 2025 Series A (bank qualified).
Dated May 8, 2025.
Due May 8, 2026.
Purchased $1,113,692.00 by Bank of Greene Co, at 4.16%, effective rate 4.16%.
L.O.: Harris Beach PLLC, Pittsford, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Long Beach (City)
Apr 24, 2025 $5,000,000
Bond Anticpation Notes- 2025 Series A.
Dated May 6, 2025.
Due May 6, 2026.
Purchased $5,000,000.00 by Jefferies, at 4.5%, plus $30,750.00, effective rate 3.885%.
L.O.: Harris, Beach LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
TD Securities, Effective Rate 4.241%
BNY Mellon Cap Mkts, Effective Rate 4.3483%
Piper Sandler, Effective Rate 4.591%
Middle Island Fire District in the Town of Brookhaven
Apr 24, 2025 $7,000,000
Fire District Serial Bonds - 2025 (bank qualified).
Dated May 15, 2025.
Due May 15, 2026 to 2040.
Callable May 15, 2031 at par.
Winning bid: BNY Mellon Cap Mkts, at 101.7481, NIC 3.805%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Raymond James, NIC 3.8596%
Baird, NIC 3.9198%
StoneX Fin Inc., NIC 3.9386%
Roosevelt & Cross, NIC 4.3307%
Wawarsing (Town)
Apr 24, 2025 $1,894,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated May 8, 2025.
Due May 8, 2026.
Purchased $1,894,000.00 by M & T Bank, at 3.76%, effective rate 3.76%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.25%
Roosevelt & Cross, Effective Rate 4.3%
TEXAS
Harris County Municipal Utility District No. 558
Apr 24, 2025 $2,250,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated May 1, 2025.
Due Mar 1, 2027 to 2050.
Callable Mar 1, 2032 at par.
Winning bid: SAMCO Cap Mkts, at 97.0005, NIC 4.8304%.
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.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
UMB Bank, NIC 4.8483%
Raymond James, NIC 4.8691%
RBC Capital Mkts, NIC 4.8951%
Baird, NIC 4.9254%
BofA Securities, NIC 4.9635%
Crews & Associates, NIC 4.9985%
Round Rock (City)
Apr 24, 2025 $4,775,000
Limited Tax Notes, Series 2025 (book entry).
Dated May 20, 2025.
Due Aug 15, 2026 to 2031.
Non-callable.
Winning bid: Huntington Secs, at 105.9393, TIC 3.3442%.
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Raymond James, TIC 3.3505%
Hilltop Securities, TIC 3.3696%
BOK Fin Secs, TIC 3.3731%
Baird, TIC 3.4398%
TRB Cap Mkts, TIC 3.4491%
Cabrera Cap Mkts, TIC 3.4999%
Round Rock (City)
Apr 24, 2025 $87,520,000
General Obligation Bonds, Series 2025 (book entry).
Dated May 20, 2025.
Due Aug 15, 2026 to 2050.
Callable Aug 15, 2034 at par.
Winning bid: Morgan Stanley, at 103.1815, TIC 4.4516%.
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Mesirow Financial, TIC 4.462%
BofA Securities, TIC 4.4647%
JPMorgan, TIC 4.469%
Raymond James, TIC 4.4695%
BOK Fin Secs, TIC 4.4716%
Wells Fargo Corp, TIC 4.4718%
Jefferies, TIC 4.4719%
Hilltop Securities, TIC 4.4725%
Truist Secs, Inc., TIC 4.4726%
KeyBanc Cap Mkts, TIC 4.4963%
Huntington Secs, TIC 4.4995%
Baird, TIC 4.5149%
Frost Bank, TIC 4.5278%
WASHINGTON
Washington
Apr 23, 2025 $129,840,000
Motor Vehicle Fuel Tax and Vehicle Related Fees General Obligation Refunding Bonds, Series R-2025E (book entry).
Dated May 8, 2025.
Due Aug 1, 2025 to 2040.
Callable Aug 1, 2035 at par.
Winning bid: Barclays Capital, at 108.7312, TIC 3.8131%.
L.O.: Foster Garvey, Seattle, WA.
F.A.: Piper Sandler & Co, Seattle, WA; and Montague DeRose & Associates, Westlake Village, CA.
Other bidders were:
BofA Securities, TIC 3.8206%
Morgan Stanley, TIC 3.8288%
Wells Fargo Corp, TIC 3.8333%
Truist Secs, Inc., TIC 3.8641%
JPMorgan, TIC 3.8797%
Jefferies, TIC 3.917%
WISCONSIN
New London (City)
Apr 24, 2025 $2,070,000
Sewerage, Water and Electric System Mortgage Revenue Bonds, Series 2025A (bank qualified) (book entry).
Dated May 7, 2025.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2034 at par.
Winning bid: BOK Fin Secs, at 100.2239, TIC 4.3703%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
Northland Securities, TIC 4.4086%
Baird, TIC 4.4599%
Raymond James, TIC 4.6074%
TAXABLE ISSUES
IOWA
Waterloo (City)
Apr 23, 2025 $685,000
Taxable General Obligation Bonds, Series 2025D (book entry).
Dated May 20, 2025.
Due Jun 1, 2026 to 2031.
Callable Jun 1, 2030 at par.
Winning bid: Colliers Secs, LLC, at n/a, TIC 4.598%.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Speer Financial, Inc., Waterloo, IA; and Speer Financial, Inc., Chicago, IL.
Other bidders were:
Bankers Bank, TIC 4.7052%
UMB Bank, TIC 4.8145%
Northland Securities, TIC 4.8683%
United Banker's Bk, TIC 4.9303%