CALIFORNIA
Arcadia Unified School District
May 1, 2025 $70,000,000
General Obligation Bonds, Election of 2024, Series 2025 (book entry).
Dated May 15, 2025.
Due Aug 1, 2026 to 2054.
Callable Aug 1, 2034 at par.
Winning bid: BofA Securities, at 100.1620, TIC 4.3699%.
L.O.: Parker & Covert LLP, Sacramento, CA.
F.A.: Government Financial Services Joint Power Authority, Sacramento, CA.
Other bidders were:
Wells Fargo Corp, TIC 4.4029%
Morgan Stanley, TIC 4.4081%
Jefferies, TIC 4.4176%
TRB Cap Mkts, TIC 4.4307%
Mesirow Financial, TIC 4.4399%
Baird, TIC 4.4599%
Hilltop Securities, TIC 4.499%
UBS Financial Svcs, TIC 4.5515%
JPMorgan, TIC 4.5794%
Fidelity Capital, TIC 4.5917%
TD Securities, TIC 4.6045%
Folsom Cordova Unified School District
May 1, 2025 $36,000,000
Election of 2024 General Obligation Bonds, Series A (Measure S) (School Facilities Improvement District No.4) (book entry).
Dated May 22, 2025.
Due Oct 1, 2026 to 2054.
Callable Oct 1, 2035 at par.
Winning bid: Morgan Stanley, at 103.0933, TIC 4.4596%.
Other managers: Ramirez & Co., Inc., R. Seelaus & Co., Inc., American Veterans Group.
L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.
F.A.: Keygent LLC, El Segundo, CA.
Other bidders were:
Raymond James, TIC 4.512%
Wells Fargo Corp, TIC 4.5483%
Baird, TIC 4.5647%
Jefferies, TIC 4.568%
Hilltop Securities, TIC 4.5794%
UBS Financial Svcs, TIC 4.6335%
ILLINOIS
Genoa Township Park District
May 1, 2025 $90,000
Debt Certificates, Series 2025A (bank qualified).
Dated May 20, 2025.
Due Dec 15, 2027.
Non-callable.
Winning bid: Resource Bk, N.A., at n/a, NIC 4.5%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Bank of Alma, NIC 4.9%
Baystone Fin Group, NIC 6.26%
Makker Invest, NIC 7.5%
Western Springs Village
May 1, 2025 $5,720,000
General Obligation Bonds (Alternate Revenue Source), Series 2025 (book entry).
Dated May 19, 2025.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2034 at par.
Winning bid: Raymond James, at 102.2939, TIC 4.1973%.
Other managers: FHN Financial Capital Markets, Fidelity Capital Markets, Ramirez & Co., Inc., SumRidge Partners, LLC, Advisors Asset Management Inc, SAMCO Capital Markets, American Veterans Group, Zeus Financial, LLC.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Baird, TIC 4.3168%
Bernardi Securities, TIC 4.3871%
Mesirow Financial, TIC 4.4447%
KENTUCKY
May 1, 2025 $10,550,000
General Obligation Bonds, Series of 2025 (Kentucky School District Enhancement Program) (book entry).
Dated May 22, 2025.
Due May 1, 2026 to 2050.
Callable May 1, 2034 at par.
Winning bid: Baird, at 98.9102, TIC 4.5298%.
Other managers: SouthState | DuncanWilliams Securities Corp., CL King & Associates, Edward Jones, Stifel, Nicolaus & Co., Inc., UBS Financial Services, Inc., Crews & Associates, Inc., Davenport & Company LLC, Colliers Securities LLC, Isaak Bond Investments, Inc., Northland Securities, Inc., Oppenheimer & Co., Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, First Kentucky Securities Corp., PNC Capital Markets, Bank of New York Mellon Capital Markets, LLC, Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, BOK Financial Securities, Midland Securities Ltd, Bernardi Securities, Inc., FMSbonds, Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Valdes & Moreno, Inc., First Bankers' Banc Securities Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Compass Municipal Advisors, Lexington, KY.
Other bidders were:
StoneX Fin Inc., TIC 4.6308%
Huntington Secs, TIC 4.6966%
Raymond James, TIC 4.7235%
Hilltop Securities, TIC 4.7757%
JPMorgan, TIC 5.0168%
MASSACHUSETTS
Acushnet (Town)
May 1, 2025 $570,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated May 23, 2025.
Due Oct 3, 2025.
Purchased $570,000.00 by Oppenheimer, at 5.5%, plus $60.00, effective rate 5.4709%.
F.A.: Hilltop Securities Inc., Boston, MA.
Ayer (Town)
May 1, 2025 $5,610,515
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated May 15, 2025.
Due May 14, 2026.
Purchased $5,610,515.00 by Truist Secs, Inc., at 4.0%, plus $41,405.60, effective rate 3.2599%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.4908%
TD Securities, Effective Rate 3.5407%
MICHIGAN
Sturgis (City)
Apr 30, 2025 $3,190,000
2025 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified).
Dated May 22, 2025.
Due May 1, 2026 to 2045.
Callable May 1, 2035 at par.
Winning bid: Stifel Nicolaus, at 101.2841, TIC 4.2205%.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: MFCI, LLC, Milford, MI.
Other bidders were:
Bernardi Securities, TIC 4.3099%
Raymond James, TIC 4.3718%
StoneX Fin Inc., TIC 4.4388%
Northland Securities, TIC 4.479%
Hilltop Securities, TIC 4.5044%
Huntington Secs, TIC 4.5491%
NEW JERSEY
Beverly (City)
May 1, 2025 $647,060
Bond Anticipation Notes of 2025, Series A (bank qualified).
Dated May 15, 2025.
Due May 14, 2026.
Purchased $647,060.00 by First Colonial, at n/a, effective rate 3.75%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Municipal Official(s).
Other bidders were:
East Brunswick Twp, Effective Rate 4.17%
Oppenheimer, Effective Rate 4.6844%
Wood-Ridge Borough
May 1, 2025 $22,500,000
Bond Anticipation Notes, Consisting of: $20,000,000 Redevelopment Bond Anticipation Note and $2,500,000 Open Space Bond Anticipation Note (book entry).
Dated May 15, 2025.
Due May 14, 2026.
Purchased $22,500,000.00 by Jefferies, at 4.0%, plus $169,875.00, effective rate 3.2429%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
TD Securities, Effective Rate 3.2462%
Oppenheimer, Effective Rate 3.3502%
BNY Mellon Cap Mkts, Effective Rate 3.3548%
NEW MEXICO
Central New Mexico Community College
May 1, 2025 $56,500,000
General Obligation (Limited Tax) Bonds, Series 2025 (book entry).
Dated May 22, 2025.
Due Aug 15, 2026 to 2040.
Callable Aug 15, 2032 at par.
Winning bid: KeyBanc Cap Mkts, at n/a, TIC 3.7115%.
L.O.: Rodey, Dickason, Sloan, Akin & Robb, P.A., Albuquerque, NM.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
JPMorgan, TIC 3.7134%
Huntington Secs, TIC 3.7581%
Hilltop Securities, TIC 3.7584%
Fidelity Capital, TIC 3.7625%
Wells Fargo Secs, TIC 3.7736%
Baird, TIC 3.7802%
TD Securities, TIC 3.7823%
Morgan Stanley, TIC 3.8215%
UBS Financial Svcs, TIC 3.8595%
NEW YORK
Cortland (City)
May 1, 2025 $31,667,930
General Obligation Bond Anticipation Notes, 2025.
Dated May 15, 2025.
Due May 15, 2026.
Purchased $31,667,930.00 by Oppenheimer, at 4.5%, plus $185,680.00, effective rate 3.9137%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 4.239%
Endicott Village
May 1, 2025 $1,875,000
General Obligation Bond Anticipation Notes,2025 Series B.
Dated May 15, 2025.
Due Apr 17, 2026.
Purchased $1,875,000.00 by Oppenheimer, at 4.25%, plus $9,556.00, effective rate 3.6974%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 3.9058%
Roosevelt & Cross, Effective Rate 3.9154%
BNY Mellon Cap Mkts, Effective Rate 4.8497%
Jamestown (City)
May 1, 2025 $5,670,081
Bond Anticipation Notes, Series 2025 (bank qualified).
Dated May 15, 2025.
Due May 15, 2026.
Purchased $5,670,081.00 by Oppenheimer, at 4.25%, plus $29,230.00, effective rate 3.7345%.
L.O.: Squire Patton Boggs (US) LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.7965%
TD Securities, Effective Rate 3.928%
Bank of Greene Co, Effective Rate 4.4%
Jordan Village
May 1, 2025 $330,000
Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated May 15, 2025.
Due May 14, 2026.
Purchased $330,000.00 by Lyons National Bk, at 3.99%, effective rate 3.99%.
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 4.2%
Roosevelt & Cross, Effective Rate 4.4939%
Oppenheimer, Effective Rate 5.4897%
Kenmore Village
May 1, 2025 $12,196,420
Bond Anticipation Notes, 2025.
Dated May 15, 2025.
Due May 15, 2026.
Purchased $12,196,420.00 by Jefferies, at 4.0%, plus $100,010.64, effective rate 3.18%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
TD Securities, Effective Rate 3.217%
Oppenheimer, Effective Rate 3.3723%
BNY Mellon Cap Mkts, Effective Rate 3.3893%
Kirkland (Town)
May 1, 2025 $900,000
Public Improvement (Serial) Bonds, 2025 (bank qualified).
Dated May 15, 2025.
Due May 15, 2026 to 2030.
Non-callable.
Winning bid: NBT Bank, at n/a, NIC 4.1%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 4.2056%
Bank of Greene Co, NIC 4.2519%
Oppenheimer, NIC 4.6197%
Morristown Central School District
May 1, 2025 $2,000,000
General Obligation Bond Anticipation Notes, 2025 (bank qualified).
Dated May 14, 2025.
Due Aug 15, 2025.
Purchased $2,000,000.00 by Oppenheimer, at 4.75%, plus $105.00, effective rate 4.7292%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.75%
North Tonawanda (City)
May 1, 2025 $25,484,785
Bond Anticipation Notes - 2025.
Dated May 15, 2025.
Due May 15, 2026.
Purchased $25,484,785.00 by Oppenheimer, at 4.375%, plus $185,060.00, effective rate 3.6488%.
L.O.: Harris Beach PLLC, Pittsford, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Jefferies, Effective Rate 3.712%
TD Securities, Effective Rate 3.723%
Northern Adirondack Central School District at Ellenburg
May 1, 2025 $494,715
School District (Serial) Bonds, 2025 (bank qualified).
Dated May 15, 2025.
Due May 15, 2026 to 2030.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, NIC 4.2524%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 4.293%
Oppenheimer, NIC 4.4862%
Schoharie County
May 1, 2025 $15,000,000
General Obligations Bond Anticipation Notes, 2025.
Dated May 15, 2025.
Due May 15, 2026.
Purchased $15,000,000.00 by Jefferies, at 4.0%, plus $93,615.00, effective rate 3.3759%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 3.447%
Piper Sandler, Effective Rate 3.464%
Oppenheimer, Effective Rate 3.4656%
BNY Mellon Cap Mkts, Effective Rate 3.494%
NORTH CAROLINA
East Carolina University
Apr 30, 2025 $33,940,000
General Revenue Bonds, Series 2025 (book entry).
Dated May 14, 2025.
Due Oct 1, 2026 to 2054.
Callable Oct 1, 2034 at par.
Winning bid: Wells Fargo Corp, at 101.0294, TIC 4.435%.
L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Charlotte, NC.
F.A.: First Tryon Advisors, Charlotte, NC; and Local Government Commission, Raleigh, NC.
Other bidders were:
Baird, TIC 4.4419%
UBS Financial Svcs, TIC 4.4769%
JPMorgan, TIC 4.4997%
Mesirow Financial, TIC 4.5093%
BofA Securities, TIC 4.5127%
Hilltop Securities, TIC 4.5293%
RBC Capital Mkts, TIC 4.543%
Jefferies, TIC 4.5483%
Truist Secs, Inc., TIC 4.5546%
KeyBanc Cap Mkts, TIC 4.589%
Raymond James, TIC 4.6181%
TD Securities, TIC 4.623%
Huntington Secs, TIC 4.6395%
FHN Fin Cap Mkts, TIC 4.6516%
OKLAHOMA
Pittsburg County Elementary School District No. 9 (Krebs)
Apr 30, 2025 $825,000
Building Bonds of 2025 (bank qualified) (book entry).
Dated Jun 1, 2025.
Due Jun 1, 2027.
Non-callable.
Winning bid: UMB Bank, at n/a, NIC 3.508%.
In association with: First National Bank of Oklahoma.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Baker Group, NIC 4.1716%
Country Club Bank, NIC 4.2%
Exchange Bank, NIC 4.375%
BOK Fin Secs, NIC 4.3905%
SOUTH CAROLINA
Fort Mill School District No. 4 of York County
May 1, 2025 $15,890,000
General Obligation Bonds, Series 2025A (book entry).
Dated May 15, 2025.
Due Mar 2, 2026.
Purchased $15,890,000.00 by BNY Mellon Cap Mkts, at 4.25%, plus $108,342.78, effective rate 3.3551%.
L.O.: Haynsworth Sinkler Boyd, P.A., Columbia, SC.
F.A.: Compass Municipal Advisors, Columbia, SC.
Other bidders were:
Oppenheimer, Effective Rate 3.3753%
Piper Sandler, Effective Rate 3.5519%
TEXAS
Belmont Fresh Water Supply District No. 2 of Denton County
Apr 30, 2025 $6,530,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated May 1, 2025.
Due Mar 1, 2027 to 2050.
Callable May 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.0086, NIC 4.6454%.
Other managers: FHN Financial Capital Markets, M. E. Allison & Co., Inc., R. Seelaus & Co., Inc., Ramirez & Co., Inc., Estrada Hinojosa & Company, Inc., Carty, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,, CINCaP Investment Group.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
UMB Bank, NIC 4.655%
Raymond James, NIC 4.6754%
Hilltop Securities, NIC 4.6794%
Northland Securities, NIC 4.772%
Crews & Associates, NIC 4.8035%
VIRGINIA
Virginia Beach (City)
May 1, 2025 $77,415,000
Storm Water Utility Revenue Bonds, Series 2025 (book entry).
Dated May 15, 2025.
Due Nov 15, 2025 to 2049.
Callable Nov 15, 2035 at par.
Winning bid: BofA Securities, at 103.3507, TIC 4.0286%.
L.O.: Butler Snow, LLP, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
UBS Financial Svcs, TIC 4.0963%
Truist Secs, Inc., TIC 4.1074%
Hilltop Securities, TIC 4.1083%
JPMorgan, TIC 4.1105%
Raymond James, TIC 4.1174%
Wells Fargo Corp, TIC 4.1193%
Huntington Secs, TIC 4.1194%
Piper Sandler, TIC 4.1197%
Jefferies, TIC 4.1198%
TD Securities, TIC 4.1239%
Mesirow Financial, TIC 4.1447%
KeyBanc Cap Mkts, TIC 4.1857%
Baird, TIC 4.1948%
TAXABLE ISSUES
OKLAHOMA
Osage County Independent School District No. 90 (Woodland)
May 1, 2025 $570,000
Building Bonds of 2025 (Federally Taxable) (book entry).
Dated Jun 1, 2025.
Due Jun 1, 2027.
Non-callable.
Winning bid: BOK Fin Secs, at n/a, NIC 4.7395%.
L.O.: Floyd & Driver, PLLC, Norman, OK; and State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Exchange Bank, NIC 5.125%