ILLINOIS
Annawan Community Unit School District No. 226
Apr 28, 2025 $3,145,000
General Obligation School Bonds, Series 2025A (bank qualified) (book entry).
Dated May 21, 2025.
Due Dec 1, 2028 to 2039.
Callable Dec 1, 2034 at par.
Winning bid: Baker Group, at 102.7364, TIC 4.0337%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Stifel Nicolaus, TIC 4.1777%
Baird, TIC 4.2237%
IOWA
North Tama County Community School District
Apr 28, 2025 $4,855,000
General Obligation School Bonds, Series 2025 (bank qualified) (book entry).
Dated Jun 4, 2025.
Due Jun 1, 2026 to 2045.
Callable Jun 1, 2030 at par.
Winning bid: Baird, at 98.8419, TIC 4.1731%.
Other managers: CL King & Associates, Edward Jones, Fidelity Capital Markets, UMB Bank, N.A., Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Country Club Bank, The Baker Group, Cadz Securities Inc,, Bernardi Securities, Inc., Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, FMSbonds, Inc., Isaak Bond Investments, Inc., Midland Securities Ltd, First Southern LLC, Blaylock Van, LLC, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., United Banker's Bank, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., 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 4.2963%
BOK Fin Secs, TIC 4.3422%
Raymond James, TIC 4.3554%
MINNESOTA
Arden Hills (City)
Apr 28, 2025 $2,895,000
General Obligation Capital Improvement Plan Bonds, Series 2025A (bank qualified) (book entry).
Dated May 20, 2025.
Due Feb 1, 2027 to 2041.
Callable Feb 1, 2035 at par.
Winning bid: Baird, at 104.9445, TIC 3.7111%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Country Club Bank, The Baker Group, A.G.P./Alliance Global Partners, Cadz Securities Inc,, Celadon Financial Group, LLC, Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., UMB Bank, N.A., FMSbonds, Inc., Central States Capital Markets, LLC, Midland Securities Ltd, First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Raymond James, TIC 3.7178%
Northland Securities, TIC 3.7539%
Stifel Nicolaus, TIC 3.938%
Sartell (City)
Apr 28, 2025 $18,985,000
General Obligation Bonds, Series 2025A (book entry).
Dated May 28, 2025.
Due Feb 1, 2026 to 2046.
Callable Feb 1, 2033 at par.
Winning bid: Piper Sandler, at 102.7630, TIC 4.2525%.
L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
Baird, TIC 4.2697%
Mesirow Financial, TIC 4.3174%
Fidelity Capital, TIC 4.3392%
Huntington Secs, TIC 4.3596%
Hilltop Securities, TIC 4.3934%
KeyBanc Cap Mkts, TIC 4.4347%
UBS Financial Svcs, TIC 4.497%
Sauk Rapids-Rice Independent School District No. 47
Apr 28, 2025 $14,850,000
General Obligation School Building Bonds, Series 2025A (Minnesota School District Credit Enhancement Program) (book entry).
Dated May 22, 2025.
Due Feb 1, 2027 to 2043.
Callable Feb 1, 2033 at par.
Winning bid: Baird, at 100.1354, TIC 4.3516%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Davenport & Company LLC, Stifel, Nicolaus & Co., Inc., Northland Securities, Inc., Country Club Bank, 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, FMSbonds, Inc., Multi-Bank Securities Inc., First Southern LLC, Commerce Bank, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
UBS Financial Svcs, TIC 4.3987%
KeyBanc Cap Mkts, TIC 4.4627%
Hilltop Securities, TIC 4.4957%
Mesirow Financial, TIC 4.546%
Raymond James, TIC 4.5559%
Huntington Secs, TIC 4.566%
St. Louis County
Apr 28, 2025 $45,000,000
General Obligation Transportation Sales and Use Tax Revenue Bonds, Series 2025A (book entry).
Dated May 15, 2025.
Due Dec 1, 2026 to 2045.
Callable Dec 1, 2034 at par.
Winning bid: BofA Securities, at 104.3834, TIC 4.1142%.
L.O.: Fryberger, Buchanan, Smith & Frederick, Duluth, MN.
F.A.: Baker Tilly Municipal Advisors, LLC, Minneapolis, MN; and Baker Tilly Municipal Advisors, LLC, St. Paul, MN.
Other bidders were:
Morgan Stanley, TIC 4.1168%
JPMorgan, TIC 4.129%
Hilltop Securities, TIC 4.1345%
Janney Montgomery, TIC 4.1346%
Huntington Secs, TIC 4.1389%
UBS Financial Svcs, TIC 4.1428%
RBC Capital Mkts, TIC 4.1582%
Piper Sandler, TIC 4.1585%
Baird, TIC 4.1645%
Jefferies, TIC 4.171%
KeyBanc Cap Mkts, TIC 4.1911%
Mesirow Financial, TIC 4.2098%
Wells Fargo Corp, TIC 4.213%
OKLAHOMA
Choctaw County Independent School District No. 1 (Boswell)
Apr 28, 2025 $355,000
Combined Purpose Bonds of 2025 (bank qualified) (book entry).
Dated Jun 1, 2025.
Due Jun 1, 2027 to 2031.
Non-callable.
Winning bid: Exchange Bank, at n/a, NIC 4.1347%.
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
BOK Fin Secs, NIC 4.4209%
Country Club Bank, NIC 4.6098%
Muskogee County Independent School District No. 29 (Hilldale)
Apr 28, 2025 $1,865,000
Building Bonds of 2025 (bank qualified) (book entry).
Dated Jul 1, 2025.
Due Jul 1, 2027.
Non-callable.
Winning bid: Baker Group, at n/a, NIC 3.7107%.
In association with: Armstrong Bank.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Country Club Bank, NIC 3.85%
Exchange Bank, NIC 4.0%
Stephens County Independent School District No. 15
Apr 28, 2025 $725,000
Building Bonds of 2025 (bank qualified) (book entry).
Dated Jun 1, 2025.
Due Jun 1, 2027 to 2030.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 3.7708%.
In association with: First National Bank of Marlow.
L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Exchange Bank, NIC 4.029%
BOK Fin Secs, NIC 4.4121%
TEXAS
El Campo (City)
Apr 28, 2025 $1,675,000
Tax and Revenue Certificates of Obligation, Series 2025 (bank qualified) (book entry).
Dated May 1, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2034 at par.
Winning bid: Raymond James, at 100.5151, TIC 4.2876%.
L.O.: Bracewell LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
BOK Fin Secs, TIC 4.3958%
SAMCO Cap Mkts, TIC 4.4447%
Baker Group, TIC 4.4688%
Baird, TIC 4.4891%
Bancroft Capital, TIC 4.5226%
Hilltop Securities, TIC 4.6685%
Pine Forest Municipal Utility District
Apr 28, 2025 $3,200,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Jun 1, 2025.
Due Sep 1, 2026 to 2049.
Callable Sep 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0020, NIC 5.203%.
L.O.: Coats Rose, P.C, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
GMS Group, NIC 5.2578%
RBC Capital Mkts, NIC 5.2756%
Crews & Associates, NIC 5.7487%
WISCONSIN
Hales Corners Village
Apr 28, 2025 $4,000,000
General Obligation Promissory Notes, Series 2025B (bank qualified) (book entry).
Dated May 19, 2025.
Due Mar 1, 2027 to 2045.
Callable Mar 1, 2035 at par.
Winning bid: Baird, at 100.9937, TIC 4.2971%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., Country Club Bank, SouthState | DuncanWilliams Securities Corp., 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, First Bankers' Banc Securities Inc., Blaylock Van, LLC, Mountainside Securities LLC, ZIONS BANK division of ZB, N.A..
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Wisconsin Public Finance Professional, LLC, Brookfield, WI.
Other bidders were:
Northland Securities, TIC 4.3117%
BOK Fin Secs, TIC 4.4656%
Raymond James, TIC 4.4844%
Hilltop Securities, TIC 4.755%
TAXABLE ISSUES
ILLINOIS
Annawan Community Unit School District No. 226
Apr 28, 2025 $750,000
Taxable General Obligation School Bonds, Series 2025B (book entry).
Dated May 21, 2025.
Due Dec 1, 2026 to 2028.
Non-callable.
Winning bid: Baker Group, at 101.1410, TIC 4.4708%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Bernardi Securities, TIC 4.9421%
Baird, TIC 5.0323%
Northland Securities, TIC 5.2007%
WISCONSIN
Hales Corners Village
Apr 28, 2025 $4,500,000
Taxable General Obligation Promissory Notes, Series 2025A (book entry).
Dated May 19, 2025.
Due May 1, 2026.
Callable Dec 1, 2025 at par.
Winning bid: BOK Fin Secs, at 100.0640, TIC 4.2812%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Wisconsin Public Finance Professional, LLC, Brookfield, WI.
Other bidders were:
UMB Bank, TIC 4.4596%
Piper Sandler, TIC 4.7774%
Northland Securities, TIC 4.9145%
Oppenheimer, TIC 5.1093%
Baird, TIC 5.5707%