ILLINOIS
Rockford Park District
May 12, 2025 $5,276,000
General Obligation Limited Tax Park Bonds, Series 2025A (bank qualified).
Dated May 28, 2025.
Due Dec 15, 2026.
Non-callable.
Winning bid: Time Bank, at n/a, NIC 3.77%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
BMO Harris Bank, NIC 3.79%
Wintrust Govt Funds, NIC 4.4%
IOWA
Linn-Mar Community School District
May 12, 2025 $10,000,000
School Infrastructure Sales, Services and Use Tax Revenue Bonds, Series 2025 (bank qualified) (book entry).
Dated Jun 24, 2025.
Due Jul 1, 2026 to 2038.
Callable Jul 1, 2030 at par.
Winning bid: BOK Fin Secs, at 99.0069, TIC 4.2856%.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Sandler & Co, Des Moines, IA.
Other bidders were:
Bernardi Securities, TIC 4.316%
Baird, TIC 4.3228%
Northland Securities, TIC 4.3385%
TD Securities, TIC 4.3812%
KeyBanc Cap Mkts, TIC 4.4272%
MASSACHUSETTS
Woods Hole, Martha's Vineyard and Nantucket Steamship Authority
May 12, 2025 $20,000,000
Steamship Bonds, 2025 Series A (book entry).
Dated May 27, 2025.
Due Mar 1, 2026 to 2035.
Callable Mar 1, 2033 at par.
Winning bid: FHN Fin Cap Mkts, at 110.6784, TIC 3.0285%.
Other managers: Roosevelt & Cross, Inc., Stifel, Nicolaus & Co., Inc., Intercoastal Capital Markets, Inc., R. Seelaus & Co., Inc., CINCaP Investment Group.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Piper Sandler, TIC 3.0373%
Jefferies, TIC 3.0578%
StoneX Fin Inc., TIC 3.0696%
Huntington Secs, TIC 3.0791%
Fidelity Capital, TIC 3.0881%
BofA Securities, TIC 3.1257%
Janney Montgomery, TIC 3.1272%
Baird, TIC 3.1618%
Hilltop Securities, TIC 3.1733%
KeyBanc Cap Mkts, TIC 3.1773%
Bancroft Capital, TIC 3.216%
Mesirow Financial, TIC 3.2374%
UMB Bank, TIC 3.2429%
TD Securities, TIC 3.2492%
UMB Fin Svcs, Inc., TIC 3.2835%
MICHIGAN
Fenton Charter Township
May 12, 2025 $3,995,000
2025 Capital Improvement Bonds (Limited Tax General Obligation) (book entry).
Dated Jun 5, 2025.
Due May 1, 2026 to 2045.
Callable May 1, 2035 at par.
Winning bid: Northland Securities, at 101.8337, TIC 4.2992%.
Other managers: Celadon Financial Group, LLC, Edward Jones, CL King & Associates.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Okemos, MI.
Other bidders were:
StoneX Fin Inc., TIC 4.3005%
TD Securities, TIC 4.3041%
FHN Fin Cap Mkts, TIC 4.3059%
Bernardi Securities, TIC 4.3351%
Hilltop Securities, TIC 4.3791%
BOK Fin Secs, TIC 4.4126%
Whitmore Lake Public School District
May 12, 2025 $3,100,000
2025 School Improvement Bonds (General Obligation Limited Tax) (bank qualified).
Dated Jun 3, 2025.
Due May 1, 2027 to 2045.
Callable May 1, 2035 at par.
Winning bid: BOK Fin Secs, at 100.0689, TIC 4.311%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Baird, TIC 4.3754%
Raymond James, TIC 4.4404%
Bernardi Securities, TIC 4.4612%
MINNESOTA
Montevideo Independent School District No. 129
May 12, 2025 $3,650,000
General Obligation Facilities Maintenance and Tax Abatement Bonds, Series 2025A (Minnesota School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jun 5, 2025.
Due Feb 1, 2026 to 2030.
Non-callable.
Winning bid: Piper Sandler, at 103.7161, TIC 3.2231%.
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Loop Capital, TIC 3.3776%
TD Securities, TIC 3.3983%
Baird, TIC 3.4458%
Raymond James, TIC 3.4945%
Stifel Nicolaus, TIC 3.5125%
Huntington Secs, TIC 3.54%
Northland Securities, TIC 3.5535%
Orono Independent School District No. 278
May 12, 2025 $4,920,000
General Obligation Facilities Maintenance, Capital Facilities and Tax Abatement Bonds, Series 2025A (Minnesota School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jun 5, 2025.
Due Feb 1, 2027 to 2034.
Callable Feb 1, 2033 at par.
Winning bid: Piper Sandler, at 108.6269, TIC 3.3183%.
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Baird, TIC 3.3297%
Stifel Nicolaus, TIC 3.3865%
TD Securities, TIC 3.4249%
Huntington Secs, TIC 3.4692%
Northland Securities, TIC 3.4949%
West Lakeland Township
May 12, 2025 $5,070,000
General Obligation Certificates of Indebtedness, Series 2025A (bank qualified) (book entry).
Dated Jun 12, 2025.
Due Feb 1, 2026 to 2040.
Callable Feb 1, 2033 at par.
Winning bid: Baird, at 104.1855, TIC 3.757%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., Bernardi Securities, Inc., Country Club Bank, Oppenheimer & Co., Inc., Middlegate Securities, 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., United Banker's Bank, FMSbonds, Inc., First Kentucky Securities Corp., Bank of New York Mellon 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., Valdes & Moreno, Inc., Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., The Baker Group.
L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
Raymond James, TIC 3.7591%
Stifel Nicolaus, TIC 3.804%
TD Securities, TIC 3.8065%
OKLAHOMA
Oklahoma County Independent School District #52 (Midwest City-Del City)
May 12, 2025 $17,930,000
General Obligation Combined Purpose Bonds, Series 2025 (book entry).
Dated Jul 1, 2025.
Due Jul 1, 2027 to 2030.
Non-callable.
Winning bid: Baird, at 101.2111, NIC 3.6605%.
Other managers: CL King & Associates, Davenport & Company LLC, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Bank of New York Mellon Capital Markets, LLC, Colliers Securities LLC, Oppenheimer & Co., Inc., Northland Securities, Inc., Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Country Club Bank, A.G.P./Alliance Global Partners, Celadon Financial Group, LLC, First Southern LLC, Multi-Bank Securities Inc., 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.: State Attorney General.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Pawnee County Independent School District No. 1 (Pawnee)
May 12, 2025 $545,000
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 3.7182%.
In association with: The American Heritage 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:
BOK Fin Secs, NIC 3.949%
Commerce Bank, NIC 3.997%
UMB Bank, NIC 4.2815%
Exchange Bank, NIC 4.75%
SOUTH CAROLINA
Spartanburg County School District No. 5
May 12, 2025 $15,000,000
General Obligation Bonds, Series 2025 (South Carolina School District Credit Enhancement Program) (book entry).
Dated Jun 5, 2025.
Due Mar 1, 2026 to 2030.
Non-callable.
Winning bid: Huntington Secs, at 105.7645, TIC 3.0569%.
L.O.: Burr & Forman, Greenville, SC.
F.A.: Compass Municipal Advisors, Columbia, SC.
Other bidders were:
JPMorgan, TIC 3.0657%
Hilltop Securities, TIC 3.0759%
Jefferies, TIC 3.0829%
PNC Capital Markets, TIC 3.0831%
Piper Sandler, TIC 3.127%
StoneX Fin Inc., TIC 3.1429%
Wells Fargo Corp, TIC 3.1473%
TD Securities, TIC 3.1484%
Raymond James, TIC 3.1554%
Baird, TIC 3.1663%
UBS Financial Svcs, TIC 3.1817%
Loop Capital, TIC 3.2937%
TEXAS
Harris County Municipal Utility District No.458
May 12, 2025 $5,590,000
Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Jun 1, 2025.
Due Sep 1, 2026 to 2052.
Callable Sep 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.0016, NIC 4.9008%.
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.: McCall Parkhurst & Horton, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Baird, NIC 4.9735%
Hilltop Securities, NIC 5.0171%
Raymond James, NIC 5.0277%
Crews & Associates, NIC 5.0447%
TAXABLE ISSUES
ILLINOIS
Rockford Park District
May 12, 2025 $1,396,000
Taxable General Obligation Limited Tax Park Bonds, Series 2025B.
Dated May 28, 2025.
Due Dec 15, 2026.
Non-callable.
Winning bid: BMO Harris Bank, at n/a, NIC 4.79%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Peoples Natl Bk, NIC 5.31%
Wintrust Govt Funds, NIC 5.95%
OKLAHOMA
Canadian County Independent School District No. 69 (Mustang)
May 12, 2025 $4,080,000
General Obligation Building Bonds, Federally Taxable Series 2025B (book entry).
Dated Jun 1, 2025.
Due Jun 1, 2027 to 2030.
Non-callable.
Winning bid: Northland Securities, at 100.0000, NIC 4.5625%.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Other bidders were:
Baird, NIC 4.6286%
D.A. Davidson, NIC 4.7587%
Baker Group, NIC 4.833%
Piper Sandler, NIC 4.8934%
Oklahoma County Independent School District #52 (Midwest City-Del City)
May 12, 2025 $800,000
General Obligation Building Bonds, Federally Taxable Series 2025 (book entry).
Dated Jul 1, 2025.
Due Jul 1, 2027.
Non-callable.
Winning bid: Northland Securities, at 100.0020, NIC 4.599%.
L.O.: State Attorney General.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Other bidders were:
Bernardi Securities, NIC 4.862%
UMB Bank, NIC 4.8985%
Baird, NIC 4.949%
D.A. Davidson, NIC 4.9905%