Market Data
Results of competitive sales: 05/05/2025

CALIFORNIA

Folsom Cordova Unified School District

May 1, 2025 $36,000,000

Election of 2024 General Obligation Bonds, Series A (Measure R) (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: TRB Cap Mkts, at 103.0110, TIC 4.4169%.

L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.

F.A.: Keygent LLC, El Segundo, CA.

Other bidders were:

Morgan Stanley, TIC 4.4379%

Wells Fargo Corp, TIC 4.5483%

Jefferies, TIC 4.568%

Hilltop Securities, TIC 4.5837%

Baird, TIC 4.6418%

UBS Financial Svcs, TIC 4.6651%


MINNESOTA

Forest Lake Independent School District No. 831

May 1, 2025 $10,750,000

General Obligation Facilities Maintenance Bonds, Series 2025A (Minnesota School District Credit Enhancement Program) (book entry).

Dated May 22, 2025.

Due Feb 1, 2026 to 2033.

Non-callable.

Winning bid: Hilltop Securities, at 106.1071, TIC 3.2624%.

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

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

Other bidders were:

Piper Sandler, TIC 3.2855%

BOK Fin Secs, TIC 3.3092%

Huntington Secs, TIC 3.3216%

Jefferies, TIC 3.3704%

Baird, TIC 3.3843%

Stifel Nicolaus, TIC 3.4064%

StoneX Fin Inc., TIC 3.421%

Fidelity Capital, TIC 3.5393%


NEW YORK

Valley Stream Village

Apr 30, 2025 $3,840,000

Public Improvement Serial Bonds - 2025 Series A (bank qualified).

Dated May 8, 2025.

Due May 1, 2026 to 2034.

Callable May 1, 2033 at par.

Winning bid: Bank of Greene Co, at n/a, NIC 4.6%.

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:

Bernardi Securities, NIC 4.8714%

Roosevelt & Cross, NIC 4.9206%

BNY Mellon Cap Mkts, NIC 5.629%


OKLAHOMA

Carter County Independent School District No. 21 (Springer)

May 2, 2025 $1,435,000

Combined Purpose Bonds of 2025 (bank qualified) (book entry).

Dated Jun 1, 2025.

Due Jun 1, 2027 to 2029.

Non-callable.

Winning bid: BOK Fin Secs, at n/a, NIC 3.6878%.

In association with: American Nation Bank.

In association with: Citizens Bank & Trust Company.

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

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

Other bidders were:

Country Club Bank, NIC 3.8879%

Exchange Bank, NIC 4.5023%


TAXABLE ISSUES


OKLAHOMA

McClain County Independent School District No. 29 (Blanchard)

May 2, 2025 $3,655,000

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 4.2985%.

L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.

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

Other bidders were:

UMB Bank, NIC 4.445%

First Bankers' Banc, NIC 4.449%

BOK Fin Secs, NIC 5.2035%