ARIZONA
Mesa (City)
Apr 29, 2025 $154,265,000
General Obligation Bonds, Series 2025 (book entry).
Dated May 22, 2025.
Due Jul 1, 2025 to 2045.
Callable Jul 1, 2035 at par.
Winning bid: Truist Secs, Inc., at 109.2326, TIC 3.974%.
L.O.: Greenberg Traurig, LLP, Phoenix, AZ.
F.A.: Hilltop Securities Inc., Phoenix, AZ.
Other bidders were:
Jefferies, TIC 3.984%
JPMorgan, TIC 3.9849%
BofA Securities, TIC 3.9899%
Morgan Stanley, TIC 3.9922%
Wells Fargo Corp, TIC 3.9927%
KeyBanc Cap Mkts, TIC 4.0138%
Baird, TIC 4.0466%
TD Securities, TIC 4.0549%
Mesirow Financial, TIC 4.0843%
IOWA
Washington Community School District
Apr 30, 2025 $1,585,000
General Obligation School Bonds, Series 2025 (bank qualified) (book entry).
Dated Jun 4, 2025.
Due Jun 1, 2026 to 2045.
Callable Jun 1, 2033 at par.
Winning bid: Northland Securities, at 99.0000, TIC 4.429%.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Sandler & Co, Des Moines, IA.
Other bidders were:
Baird, TIC 4.4417%
Raymond James, TIC 4.5132%
West Branch Community School District
Apr 30, 2025 $3,470,000
School Infrastructure Sales, Services and Use Tax Revenue Bonds, Series 2025 (bank qualified) (book entry).
Dated Jun 5, 2025.
Due Jul 1, 2026 to 2040.
Callable Jul 1, 2031 at par.
Winning bid: BOK Fin Secs, at 98.9251, TIC 4.3067%.
Other managers: Stifel, Nicolaus & Co., Inc..
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Sandler & Co, Des Moines, IA.
Other bidders were:
Baird, TIC 4.3417%
Huntington Secs, TIC 4.4228%
KENTUCKY
Clinton County School District Finance Corporation
Apr 29, 2025 $321,000
School Building Revenue Bonds, Series of 2025 (Kentucky School District Credit Enhancement Program) (bank qualified) (book entry).
Dated May 20, 2025.
Due May 1, 2026 to 2045.
Callable May 1, 2033 at par.
Winning bid: CINCap Invest Grp, at 98.0285, NIC 4.9615%.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
Bernardi Securities, NIC 4.9957%
Baird, NIC 5.4215%
MASSACHUSETTS
Chatham (Town)
Apr 29, 2025 $7,950,000
General Obligation Municipal Purpose Loan of 2025 Bonds (bank qualified) (book entry).
Dated May 15, 2025.
Due May 15, 2026 to 2045.
Callable May 15, 2034 at par.
Winning bid: Fidelity Capital, at 104.2118, TIC 3.7888%.
Other managers: Raymond James & Associates, Inc..
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
TRB Cap Mkts, TIC 3.8164%
Baird, TIC 3.82%
Piper Sandler, TIC 3.8633%
FHN Fin Cap Mkts, TIC 3.8676%
Brownstone Inv Grp, TIC 3.8854%
Roosevelt & Cross, TIC 3.8947%
Huntington Secs, TIC 3.8954%
North Reading (Town)
Apr 30, 2025 $6,467,803
General Obligation Bond Anticipation Notes, Series B (book entry).
Dated May 22, 2025.
Due May 21, 2026.
Purchased $6,467,803.00 by Truist Secs, Inc., at 4.0%, plus $54,070.83, effective rate 3.1617%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
TD Securities, Effective Rate 3.5106%
Oppenheimer, Effective Rate 3.5293%
Jefferies, Effective Rate 3.6139%
Fidelity Capital, Effective Rate 3.6293%
BNY Mellon Cap Mkts, Effective Rate 3.6557%
Northeast Metropolitan Regional Vocational Technical School District
Apr 29, 2025 $61,170,000
General Obligation School Project Loan, Chapter 70B Bonds (book entry).
Dated May 15, 2025.
Due May 15, 2026 to 2055.
Callable May 15, 2034 at par.
Winning bid: Mesirow Financial, at 101.5159, TIC 4.5189%.
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 4.5925%
Fidelity Capital, TIC 4.6695%
Janney Montgomery, TIC 4.6841%
MICHIGAN
Rochester (City)
Apr 29, 2025 $2,560,000
2025 Capital Improvement Bonds(Limited Tax General Obligation) (book entry)
Dated May 20, 2025.
Due Oct 1, 2025 to 2044.
Callable Oct 1, 2032 at par.
Winning bid: Raymond James, at 100.5238, TIC 4.166%
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinkski & Company, Grosse Point, MI
Other bidders were:
Stifel Nicolaus, TIC 4.1735%
Bernardi Securities, TIC 4.1822%
Huntington Secs, TIC 4.1963%
Hilltop Securities, TIC 4.1985%
Northland Securities, TIC 4.2319%
Baker Group, TIC 4.2436%
StoneX Fin Inc., TIC 4.3365%
NEW JERSEY
Gloucester City (City)
Apr 30, 2025 $4,842,000
Bond Anticipation Notes of 2025, Series A Consisting of $2,525,000 General Improvement Notes, $2,317,000 Water and Sewer Utility Notes (bank qualified).
Dated May 14, 2025.
Due May 13, 2026.
Purchased $4,842,000.00 by Piper Sandler, at 3.75%, plus $7,844.04, effective rate 3.5875%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
First Colonial, Effective Rate 3.65%
BNY Mellon Cap Mkts, Effective Rate 3.7125%
Oppenheimer, Effective Rate 3.7162%
TD Securities, Effective Rate 3.7834%
Fidelity Capital, Effective Rate 3.8185%
Hamilton Township (Mercer County)
Apr 30, 2025 $21,646,000
Sewer Utility Bond Anticipation Notes, Series 2025A.
Dated May 13, 2025.
Due May 13, 2026.
Purchased $21,646,000.00 by Truist Secs, Inc., at 3.75%, plus $130,958.30, effective rate 3.145%.
L.O.: Malamut & Associates, LLC, Cherry Hill, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Jefferies, Effective Rate 3.188%
TD Securities, Effective Rate 3.353%
BNY Mellon Cap Mkts, Effective Rate 3.3898%
Oppenheimer, Effective Rate 3.429%
Hamilton Township (Mercer County)
Apr 30, 2025 $28,090,000
General Obligation Bonds, Series 2025 (book entry).
Dated May 13, 2025.
Due Apr 1, 2026 to 2042.
Callable Apr 1, 2032 at par.
Winning bid: Mesirow Financial, at 103.0527, TIC 3.7587%.
L.O.: Malamut & Associates, LLC, Cherry Hill, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Janney Montgomery, TIC 3.7667%
BNY Mellon Cap Mkts, TIC 3.7762%
Fidelity Capital, TIC 3.7821%
FHN Fin Cap Mkts, TIC 3.7887%
TRB Cap Mkts, TIC 3.7955%
KeyBanc Cap Mkts, TIC 3.7994%
Baird, TIC 3.7997%
Cabrera Cap Mkts, TIC 3.8157%
Wells Fargo Corp, TIC 3.8168%
Hilltop Securities, TIC 3.8498%
Parsippany-Troy Hills Township Board of Education
Apr 30, 2025 $11,905,000
Refunding School Bonds, Series 2025 (New Jersey School Bond Reserve Act, 1980 N.J. Laws c. 72, as amended) (book entry).
Dated May 20, 2025.
Due Aug 15, 2025 to 2031.
Non-callable.
Winning bid: BNY Mellon Cap Mkts, at 103.3191, NIC 3.0676%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Jefferies, NIC 3.0736%
Janney Montgomery, NIC 3.0765%
Fidelity Capital, NIC 3.0797%
UBS Financial Svcs, NIC 3.088%
Huntington Secs, NIC 3.0885%
Loop Capital, NIC 3.1031%
Mesirow Financial, NIC 3.111%
Baird, NIC 3.1122%
StoneX Fin Inc., NIC 3.1205%
UMB Bank, NIC 3.1211%
Roosevelt & Cross, NIC 3.1301%
Tewksbury Township
Apr 30, 2025 $6,926,576
Bond Anticipation Notes, Series 2025A (bank qualified).
Dated May 9, 2025.
Due May 8, 2026.
Purchased $6,926,576.00 by Piper Sandler, at 3.75%, plus $16,000.39, effective rate 3.5184%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 3.545%
BNY Mellon Cap Mkts, Effective Rate 3.5604%
Jefferies, Effective Rate 3.653%
NEW MEXICO
Southern Sandoval County Arroyo Flood Control Authority
Apr 30, 2025 $7,000,000
General Obligation Bonds, Series 2025 (bank qualified) (book entry).
Dated May 15, 2025.
Due Aug 1, 2025 to 2038.
Callable Aug 1, 2032 at par.
Winning bid: Baird, at 103.3107, TIC 3.6938%.
Other managers: CL King & Associates, Crews & Associates, Inc., Colliers Securities LLC, Edward Jones, SouthState | DuncanWilliams Securities Corp., Northland Securities, Inc., Oppenheimer & Co., Inc., Celadon Financial Group, LLC, Bernardi Securities, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Mountainside Securities LLC, Dinosaur Securities, ZIONS BANK division of ZB, N.A., Falcon Square Capital, StoneX Financial Inc., Caldwell Sutter Capital, Inc., Bank of New York Mellon Capital Markets, LLC.
L.O.: Modrall, Sperling, Roehl, Harris & Sisk, Albuquerque, NM.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
Huntington Secs, TIC 3.7488%
Stifel Nicolaus, TIC 3.7489%
NEW YORK
Brutus (Town)
Apr 30, 2025 $460,000
Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated May 15, 2025.
Due May 14, 2026.
Purchased $460,000.00 by Roosevelt & Cross, at 4.375%, effective rate 4.375%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.5%
Oppenheimer, Effective Rate 5.24%
Elmira (City)
Apr 30, 2025 $3,498,798
General Obligations Public Improvement (Serial) Bonds, 2025 (bank qualified).
Dated May 15, 2025.
Due Nov 15, 2026 to 2040.
Callable Nov 15, 2033 at par.
Winning bid: BNY Mellon Cap Mkts, at 100.5297, NIC 3.9436%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.99%
StoneX Fin Inc., NIC 4.034%
Baird, NIC 4.0929%
SAMCO Cap Mkts, NIC 4.1568%
Newburgh (Town)
Apr 30, 2025 $200,000
Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated May 14, 2025.
Due May 14, 2026.
Purchased $200,000.00 by Roosevelt & Cross, at 4.5%, plus $566.00, effective rate 4.217%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.25%
Orange Bk & Tr Co, Effective Rate 4.42%
Oppenheimer, Effective Rate 5.235%
Stony Point (Town)
Apr 30, 2025 $864,508
Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated May 14, 2025.
Due May 13, 2026.
Purchased $864,508.00 by Roosevelt & Cross, at 4.5%, plus $5,256.00, effective rate 3.8903%.
L.O.: Harris Beach PLLC, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Oppenheimer, Effective Rate 4.1099%
Bank of Greene Co, Effective Rate 4.2%
Valley Stream Village
Apr 30, 2025 $7,915,000
Bond Anticipation Notes - 2025 Series A (bank qualified).
Dated May 8, 2025.
Due May 8, 2026.
Purchased $7,915,000.00 by Roosevelt & Cross, at 5.125%, plus $3,483.00, effective rate 5.081%.
L.O.: Ruskin Moscou Faltischek, Uniondale, NY.
F.A.: Liberty Capital Services LLC, Garden City, NY; and Liberty Capital Services LLC, East Williston, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 5.0854%
Oppenheimer, Effective Rate 5.4874%
NORTH CAROLINA
Burlington (City)
Apr 29, 2025 $16,500,000
General Obligation Public Improvement Bonds Series 2025 (book entry).
Dated May 21, 2025.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2034 at par.
Winning bid: FHN Fin Cap Mkts, at 104.7722, TIC 3.8691%.
L.O.: Womble Bond Dickinson LLP, Raleigh, NC.
F.A.: Davenport & Company LLC, Charlotte, NC; and Local Government Commission, Raleigh, NC.
Other bidders were:
Raymond James, TIC 3.8725%
Baird, TIC 3.876%
UBS Financial Svcs, TIC 3.8899%
Hilltop Securities, TIC 3.93%
StoneX Fin Inc., TIC 3.9311%
Huntington Secs, TIC 3.9384%
Mesirow Financial, TIC 3.9387%
PNC Capital Markets, TIC 3.9588%
KeyBanc Cap Mkts, TIC 3.9644%
Wells Fargo Corp, TIC 3.9836%
Crews & Associates, TIC 4.1099%
TENNESSEE
Shelby County
Apr 29, 2025 $270,865,000
General Obligation Public Improvement and School Bonds, 2025 Series A (book entry).
Dated May 15, 2025.
Due Apr 1, 2026 to 2045.
Callable Apr 1, 2034 at par.
Winning bid: BofA Securities, at 107.4533, TIC 4.163%.
L.O.: Butler Snow, LLP, Memphis, TN.
F.A.: PFM Financial Advisors LLC, Memphis, TN; and Daylight Capital Advisors, Jackson, MS.
Other bidders were:
Morgan Stanley, TIC 4.1672%
JPMorgan, TIC 4.1696%
Truist Secs, Inc., TIC 4.1706%
Wells Fargo Corp, TIC 4.1788%
TEXAS
Westwood Management District
Apr 30, 2025 $14,585,000
Unlimited Tax Road Bonds, Series 2025 (book entry).
Dated May 1, 2025.
Due Apr 1, 2027 to 2049.
Callable Apr 1, 2030 at par.
Winning bid: Raymond James, at 97.0000, NIC 4.6427%.
Other managers: Fidelity Capital Markets.
L.O.: Hunton Andrews Kurth LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
UMB Bank, NIC 4.6911%
SAMCO Cap Mkts, NIC 4.6928%
Hilltop Securities, NIC 4.7031%
Baird, NIC 4.7473%
RBC Capital Mkts, NIC 4.8491%
VIRGINIA
Virginia Public School Authority
Apr 29, 2025 $64,545,000
School Technology and Security Notes Series XIII (book entry).
Dated May 15, 2025.
Due Apr 15, 2026 to 2030.
Non-callable.
Winning bid: BofA Securities, at n/a, TIC 3.1144%.
L.O.: McGuireWoods LLP, Richmond, VA.
F.A.: PFM Financial Advisors LLC, Richmond, VA.
Other bidders were:
Raymond James, TIC 3.1253%
Wells Fargo Corp, TIC 3.1283%
JPMorgan, TIC 3.1287%
Loop Capital, TIC 3.1353%
UBS Financial Svcs, TIC 3.1546%
Jefferies, TIC 3.1581%
TD Securities, TIC 3.1685%
Huntington Secs, TIC 3.1726%
Baird, TIC 3.1875%
WISCONSIN
Reedsburg (City)
Apr 30, 2025 $3,175,000
General Obligation Promissory Notes (bank qualified) (book entry).
Dated May 19, 2025.
Due Mar 1, 2026 to 2043.
Callable Mar 1, 2035 at par.
Winning bid: Baird, at 101.2026, TIC 4.3272%.
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, StoneX Financial Inc., First Kentucky Securities Corp., Central States Capital Markets, LLC, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Blaylock Van, LLC, Mountainside Securities LLC, Caldwell Sutter Capital, Inc., 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 4.3546%
BOK Fin Secs, TIC 4.4215%
Raymond James, TIC 4.4466%
TAXABLE ISSUES
MASSACHUSETTS
North Reading (Town)
Apr 30, 2025 $551,000
General Obligation Taxable Bond Anticipation Notes Series A (Subject to Federal and Massachusetts Income Taxation) (book entry).
Dated May 22, 2025.
Due May 21, 2026.
Purchased $551,000.00 by Oppenheimer, at 5.5%, plus $175.00, effective rate 5.4682%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Piper Sandler, Effective Rate 5.5575%
OKLAHOMA
Caddo County Independent School District No. 64 (Cyril)
Apr 30, 2025 $550,000
Taxable Building Bonds of 2025 (book entry).
Dated Jun 1, 2025.
Due Jun 1, 2027.
Non-callable.
Winning bid: Liberty National Bk, at n/a, NIC 3.9091%.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Exchange Bank, NIC 4.5%
BOK Fin Secs, NIC 4.953%
First Natl Bk & Tr, NIC 5.04%
Country Club Bank, NIC 5.25%
Pawnee County Independent School District No. 6 (Cleveland)
Apr 30, 2025 $2,130,000
Combined Purpose Bonds of 2025 (Federally Taxable) (book entry).
Dated Jun 1, 2025.
Due Jun 1, 2027.
Non-callable.
Winning bid: Country Club Bank, at n/a, NIC 4.289%.
L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
UMB Bank, NIC 4.349%
First Bankers' Banc, NIC 4.582%
BOK Fin Secs, NIC 4.7355%
WISCONSIN
Reedsburg (City)
Apr 30, 2025 $1,570,000
Taxable General Obligation Promissory Notes (book entry).
Dated May 19, 2025.
Due Mar 1, 2027 to 2037.
Callable Mar 1, 2035 at par.
Winning bid: Baird, at 98.3986, TIC 5.1565%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Edward Jones, UMB Bank, N.A., Cadz Securities Inc,, First Bankers' Banc Securities Inc., SouthState | DuncanWilliams Securities Corp., Country Club Bank, Isaak Bond Investments, Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, First Southern LLC, Midland Securities Ltd, Dinosaur Securities, Mountainside Securities LLC, Valdes & Moreno, Inc., Central States Capital Markets, LLC, Blaylock Van, LLC, Carty, Harding, & Hearn, Inc., Caldwell Sutter Capital, Inc., 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:
Piper Sandler, TIC 5.2535%
BOK Fin Secs, TIC 5.3043%
Bankers' Bank, TIC 5.3174%
Bernardi Securities, TIC 5.4782%
Northland Securities, TIC 5.6%