ARIZONA
Phoenix Civic Improvement Corporation
Jun 24, 2025 $358,065,000
Subordinated Excise Tax Revenue Bonds, Series 2025A (book entry). $138,950,000
Dated Jul 16, 2025.
Due Jul 1, 2028 to 2045.
Callable Jul 1, 2035 at par.
Winning bid: Morgan Stanley, at 109.0554, TIC 3.9414%.
Subordinated Excise Tax Revenue Refunding Bonds, Series 2025C (book entry). $219,115,000
Dated Jul 16, 2025.
Due Jul 1, 2026 to 2041.
Callable Jul 1, 2035 at par.
Winning bid: Morgan Stanley, at 109.0554, TIC 3.9414%.
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, FHN Financial Capital Markets, Ramirez & Co., Inc., Advisors Asset Management Inc, American Veterans Group, R. Seelaus & Co., Inc., Siebert Williams Shank & Co., L.L.C, SumRidge Partners, LLC, Loop Capital Markets, LLC.
L.O.: Squire Patton Boggs (US) LLP, Phoenix, AZ.
F.A.: Public Resources Advisory Group, New York, NY.
Other bidders were:
Wells Fargo Corp, TIC 3.9419%
JPMorgan, TIC 3.9441%
BofA Securities, TIC 3.9564%
CALIFORNIA
San Diego County
Jun 25, 2025 $200,000,000
2025 Tax and Revenue Anticipation Notes (book entry).
Dated Jul 3, 2025.
Due Jun 30, 2026.
Purchased $200,000,000.00 by JPMorgan, at 5.0%, plus $4,596,000.00, effective rate 2.6057%.
L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.
F.A.: Public Resources Advisory Group, Los Angeles, CA.
Other bidders were:
BofA Securities, Effective Rate 2.6217%
Truist Secs, Inc., Effective Rate 2.693%
Jefferies, Effective Rate 2.7327%
Barclays Capital, Effective Rate 2.7917%
Wells Fargo Corp, Effective Rate 2.9431%
Morgan Stanley, Effective Rate 2.9792%
COLORADO
Arvada (City)
Jun 25, 2025 $14,555,000
Wastewater Enterprise Revenue Bonds, Series 2025 (book entry).
Dated Jul 9, 2025.
Due Dec 1, 2025 to 2054.
Callable Dec 1, 2035 at par.
Winning bid: Hilltop Securities, at 104.4171, TIC 4.6233%.
L.O.: Butler Snow, LLP, Denver, CO.
F.A.: Stifel, Nicolaus & Co., Inc., Denver, CO; and Stifel, Nicolaus & Co., Inc., Denver, CO.
Other bidders were:
UBS Financial Svcs, TIC 4.6486%
Baird, TIC 4.6584%
Wells Fargo Corp, TIC 4.667%
TD Securities, TIC 4.6805%
Huntington Secs, TIC 4.6955%
Morgan Stanley, TIC 4.7119%
KeyBanc Cap Mkts, TIC 4.7139%
CONNECTICUT
Winchester (Town)
Jun 25, 2025 $8,000,000
General Obligation Bonds, Issue of 2025 (bank qualified) (book entry).
Dated Jul 7, 2025.
Due Jul 1, 2026 to 2045.
Callable Jul 1, 2033 at par.
Winning bid: Raymond James, at 104.3124, TIC 3.7218%.
Other managers: Fidelity Capital Markets.
L.O.: Pullman & Comley, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
StoneX Fin Inc., TIC 3.7412%
UBS Financial Svcs, TIC 3.7465%
Baird, TIC 3.7524%
SWBC Investment Svcs, TIC 3.7557%
Brownstone Inv Grp, TIC 3.7613%
Huntington Secs, TIC 3.7743%
Roosevelt & Cross, TIC 3.7901%
TD Securities, TIC 3.8601%
Loop Capital, TIC 3.8619%
FLORIDA
St. Petersburg (City)
Jun 25, 2025 $19,100,000
Public Utility Refunding Revenue Bonds, Series 2025B (book entry).
Dated Jul 15, 2025.
Due Oct 1, 2026 to 2035.
Non-callable.
Winning bid: Jefferies, at 113.1867, TIC 3.3436%.
L.O.: Bryant, Miller & Olive, Tampa, FL.
F.A.: PFM Financial Advisors LLC, Orlando, FL.
Other bidders were:
Wells Fargo Corp, TIC 3.4167%
Fifth Third Secs, TIC 3.439%
Morgan Stanley, TIC 3.4537%
Hilltop Securities, TIC 3.4608%
Baird, TIC 3.5163%
IOWA
Le Mars Community School District
Jun 24, 2025 $39,970,000
General Obligation School Bonds, Series 2025 (book entry).
Dated Aug 5, 2025.
Due Jun 1, 2026 to 2045.
Callable Jun 1, 2032 at par.
Winning bid: Janney Montgomery, at 102.1272, TIC 4.3429%.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Sandler & Co, Des Moines, IA.
Other bidders were:
Baird, TIC 4.3847%
FHN Fin Cap Mkts, TIC 4.3901%
UBS Financial Svcs, TIC 4.3937%
Wells Fargo Corp, TIC 4.4499%
Mesirow Financial, TIC 4.4788%
KANSAS
Merriam (City)
Jun 24, 2025 $22,060,000
General Obligation Bonds, Series 2025A (book entry).
Dated Jul 17, 2025.
Due Aug 1, 2040.
Callable Aug 1, 2033 at par.
Winning bid: Baird, at n/a, TIC 4.6864%.
Other managers: CL King & Associates, Edward Jones, Colliers Securities LLC, Stifel, Nicolaus & Co., Inc., Crews & Associates, Inc., Country Club Bank, SouthState | DuncanWilliams Securities Corp., Davenport & Company LLC, Northland Securities, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Central States Capital Markets, LLC, Celadon Financial Group, LLC, Commerce Bank, Middlegate Securities, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., BOK Financial Securities, Midland Securities Ltd, FMSbonds, Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Blaylock Van, LLC.
L.O.: Kutak Rock, Kansas City, MO.
F.A.: Columbia Capital Management, LLC, Merriam, KS.
KENTUCKY
Board of Education of Erlanger-Elsmere
Jun 24, 2025 $28,710,000
General Obligation Bonds, Series 2025 (Kentucky School District Enhancement Program) (book entry).
Dated Jul 15, 2025.
Due Jun 1, 2026 to 2050.
Callable Jun 1, 2034 at par.
Winning bid: KeyBanc Cap Mkts, at 103.1088, TIC 4.6958%.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Compass Municipal Advisors, Lexington, KY.
Other bidders were:
Baird, TIC 4.6996%
JPMorgan, TIC 4.8311%
MASSACHUSETTS
Nahant (Town)
Jun 25, 2025 $5,628,700
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Jul 24, 2025.
Due Jul 24, 2026.
Purchased $5,628,700.00 by BNY Mellon Cap Mkts, at 4.25%, plus $54,634.97, effective rate 3.2794%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Oppenheimer, Effective Rate 3.573%
Peabody (City)
Jun 25, 2025 $43,389,000
General Obligation Bond Anticipation Notes (book entry).
Dated Jul 25, 2025.
Due Jul 10, 2026.
Purchased $43,389,000.00 by JPMorgan, at 4.0%, plus $391,802.67, effective rate 3.0577%.
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 3.13%
Oppenheimer, Effective Rate 3.136%
Jefferies, Effective Rate 3.159%
West Barnstable Fire District
Jun 25, 2025 $300,000
General Obligation Bond Anticipation Note (bank qualified) (book entry).
Dated Jul 17, 2025.
Due Jul 17, 2026.
Purchased $300,000.00 by Cape Cod 5 Cents Svg, at 4.6%, effective rate 4.6%.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Oppenheimer, Effective Rate 5.2497%
MICHIGAN
Cedar Springs (City)
Jun 25, 2025 $3,515,000
General Obligation Limited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Jul 16, 2025.
Due Apr 1, 2027 to 2045.
Callable Apr 1, 2035 at par.
Winning bid: Raymond James, at 100.5448, TIC 4.2868%.
L.O.: Dickinson Wright PLLC, Grand Rapids, MI.
F.A.: MFCI, LLC, Milford, MI.
Other bidders were:
BOK Fin Secs, TIC 4.3428%
Baird, TIC 4.3729%
TD Securities, TIC 4.3798%
Kingsley Area Schools
Jun 25, 2025 $2,635,000
2025 School Improvement Bonds (General Obligation Limited Tax) (bank qualified).
Dated Jul 16, 2025.
Due May 1, 2027 to 2045.
Callable May 1, 2035 at par.
Winning bid: Baird, at 100.0000, TIC 4.3041%.
Other managers: CL King & Associates, Bernardi Securities, Inc., Fidelity Capital Markets, Edward Jones, Crews & Associates, Inc., Northland Securities, Inc., Oppenheimer & Co., Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, FMSbonds, Inc., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Blaylock Van, LLC, Mountainside Securities LLC, StoneX Financial Inc., Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Raymond James, TIC 4.4661%
TD Securities, TIC 4.5133%
BOK Fin Secs, TIC 4.5212%
St. Clair (City)
Jun 25, 2025 $5,410,000
2025 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Jul 15, 2025.
Due Oct 1, 2026 to 2040.
Callable Oct 1, 2034 at par.
Winning bid: BOK Fin Secs, at 104.7571, TIC 3.7766%.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Grosse Pointe, MI.
Other bidders were:
Northland Securities, TIC 3.851%
StoneX Fin Inc., TIC 3.8822%
Raymond James, TIC 3.9824%
Brownstone Inv Grp, TIC 3.9922%
Hilltop Securities, TIC 3.9991%
Bernardi Securities, TIC 4.0783%
NEW JERSEY
Mercer County
Jun 24, 2025 $2,925,000
County College Bonds, Series 2025 (County College Bond Act, P.L. 1971, c. 12, as Amended) (book entry).
Dated Jul 15, 2025.
Due Jul 15, 2026 to 2035.
Callable Jul 15, 2033 at par.
Winning bid: Brownstone Inv Grp, at 104.9891, TIC 3.0851%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
Other bidders were:
SWBC Investment Svcs, TIC 3.0887%
Bancroft Capital, TIC 3.1104%
Huntington Secs, TIC 3.1432%
TD Securities, TIC 3.1731%
Roosevelt & Cross, TIC 3.1801%
Baird, TIC 3.1842%
Pitman Borough Board of Education
Jun 25, 2025 $21,252,000
School Bonds, Series 2025 (New Jersey School Bond Reserve Act, 1980 N.J. Laws c. 72, as amended) (book entry).
Dated Jul 15, 2025.
Due Jul 15, 2027 to 2045.
Callable Jul 15, 2032 at par.
Winning bid: Raymond James, at 100.0000, NIC 4.2427%.
Other managers: Fidelity Capital Markets, Morgan Stanley & Co., Inc., Ramirez & Co., Inc., SumRidge Partners, LLC, Advisors Asset Management Inc, American Veterans Group, Zeus Financial, LLC.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Baird, NIC 4.2462%
Roosevelt & Cross, NIC 4.2783%
Raritan Borough
Jun 25, 2025 $11,558,000
Bond Anticipation Notes, Series 2025A (book entry).
Dated Jul 9, 2025.
Due Jul 8, 2026.
Purchased $11,558,000.00 by Janney Montgomery, at 4.0%, plus $106,044.65, effective rate 3.0799%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Jefferies, Effective Rate 3.1135%
BNY Mellon Cap Mkts, Effective Rate 3.1493%
Oppenheimer, Effective Rate 3.1536%
Somerset County
Jun 25, 2025 $34,447,000
General Obligation Bonds, Series 2025 Consisting of $28,862,000 Gen Imp Bds, 2025A, $2,835,000 County Coll 2025C (book entry). $31,697,000
Dated Jul 15, 2025.
Due Jan 15, 2026 to 2040.
Callable Jan 15, 2032 at par.
Winning bid: Mesirow Financial, at n/a, TIC 3.6206%.
General Obligation Bonds, Series 2025B County Voc Sch Bds (book entry). $1,248,000
Dated Jul 15, 2025.
Due Jan 15, 2026 to 2040.
Callable Jan 15, 2032 at par.
Winning bid: Mesirow Financial, at n/a, TIC 3.6206%.
General Obligation Bonds, Series 2025D County Coll Bds (book entry). $1,502,000
Dated Jul 15, 2025.
Due Jan 15, 2026 to 2040.
Callable Jan 15, 2032 at par.
Winning bid: Mesirow Financial, at n/a, TIC 3.6206%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
Other bidders were:
Jefferies, TIC 3.6527%
FHN Fin Cap Mkts, TIC 3.6835%
Baird, TIC 3.6983%
Wells Fargo Corp, TIC 3.7003%
UBS Financial Svcs, TIC 3.8185%
Hilltop Securities, TIC 3.8228%
Morgan Stanley, TIC 3.8963%
NEW YORK
AuSable Valley Central School District
Jun 25, 2025 $8,000,000
General Obligation Bond Anticipation Notes, 2025 (bank qualified).
Dated Jul 10, 2025.
Due Jul 10, 2026.
Purchased $8,000,000.00 by BNY Mellon Cap Mkts, at 4.25%, plus $71,909.60, effective rate 3.3511%.
L.O.: Harris, Beach LLP, Pittsford, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Fidelity Capital, Effective Rate 3.378%
Oppenheimer, Effective Rate 3.6508%
Bank of Greene Co, Effective Rate 4.1%
Brasher Falls Central School District (St. Lawrence Central School District)
Jun 25, 2025 $10,100,000
Bond Anticipation Notes, 2025.
Dated Jul 16, 2025.
Due Jul 16, 2026.
Purchased $10,100,000.00 by BNY Mellon Cap Mkts, at 4.25%, plus $92,971.51, effective rate 3.3295%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 3.488%
Oppenheimer, Effective Rate 3.7472%
Chittenango Central School District
Jun 25, 2025 $1,697,169
General Obligations Bond Anticipation Notes, 2025 Series A.
Dated Jul 10, 2025.
Due Jul 10, 2026.
Purchased $1,697,169.00 by Oppenheimer, at 4.25%, plus $8,077.00, effective rate 3.7741%.
L.O.: Trespasz Law Offices LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Chittenango Central School District
Jun 25, 2025 $21,500,000
General Obligations Bond Anticipation Notes, 2025 Series B.
Dated Jul 10, 2025.
Due Jun 25, 2026.
Purchased $21,500,000.00 by Jefferies, at 4.0%, plus $125,565.00, effective rate 3.3906%.
L.O.: Trespasz Law Offices LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 3.5179%
BNY Mellon Cap Mkts, Effective Rate 3.5699%
Oppenheimer, Effective Rate 3.5701%
Cortland Enlarged City School District
Jun 25, 2025 $27,300,000
General Obligations Bond Anticipation Notes, 2025.
Dated Jul 10, 2025.
Due Jul 10, 2026.
Purchased $27,300,000.00 by TD Securities, at 4.0%, plus $148,512.00, effective rate 3.456%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 3.566%
Oppenheimer, Effective Rate 3.6267%
Dundee Village
Jun 25, 2025 $1,550,000
General Obligation Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Jul 9, 2025.
Due Jul 9, 2026.
Purchased $1,550,000.00 by Bank of Greene Co, at 4.25%, effective rate 4.25%.
L.O.: Trespasz Law Offices LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Gouverneur Central School District
Jun 25, 2025 $40,800,000
General Obligations Bond Anticipation Notes, 2025.
Dated Jul 17, 2025.
Due Jul 16, 2026.
Purchased $40,800,000.00 by BNY Mellon Cap Mkts, at 4.25%, plus $294,984.00, effective rate 3.525%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 3.5658%
Oppenheimer, Effective Rate 3.5674%
TD Securities, Effective Rate 3.7844%
Jamestown (City)
Jun 25, 2025 $1,650,000
Bond Anticipation Notes, Series 2025A (bank qualified).
Dated Jul 9, 2025.
Due May 15, 2026.
Purchased $1,650,000.00 by Oppenheimer, at 4.0%, plus $4,077.00, effective rate 3.7093%.
L.O.: Squire Patton Boggs (US) LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
NBT Bank, Effective Rate 3.75%
Roosevelt & Cross, Effective Rate 4.0135%
Bank of Greene Co, Effective Rate 4.1%
Lansingburgh Central School District at Troy
Jun 25, 2025 $15,072,658
General Obligation Bond Anticipation Notes, 2025 (Renewals).
Dated Jul 10, 2025.
Due Jul 10, 2026.
Purchased $15,072,658.00 by BNY Mellon Cap Mkts, at 4.25%, plus $95,733.99, effective rate 3.6149%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.6497%
TD Securities, Effective Rate 3.659%
Lowville Central School District
Jun 25, 2025 $12,650,000
General Obligation Bond Anticipation Notes (Renewals).
Dated Jul 9, 2025.
Due Jun 26, 2026.
Purchased $12,650,000.00 by Jefferies, at 4.0%, plus $57,684.00, effective rate 3.5269%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.6446%
Oppenheimer, Effective Rate 3.7837%
Middleburgh Central School District
Jun 25, 2025 $1,287,917
General Obligation Bond Anticipation Notes, 2025 (bank qualified).
Dated Jul 10, 2025.
Due Jul 10, 2026.
Purchased $1,287,917.00 by Oppenheimer, at 4.25%, plus $6,236.00, effective rate 3.7658%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
NBT Bank, Effective Rate 3.8%
Bank of Greene Co, Effective Rate 4.05%
Roosevelt & Cross, Effective Rate 4.091%
Niagara Falls City School District
Jun 24, 2025 $26,765,000
School District (Serial) Bonds, 2025 (book entry).
Dated Jul 9, 2025.
Due Jun 15, 2026 to 2040.
Callable Jun 15, 2033 at par.
Winning bid: Janney Montgomery, at 105.0689, TIC 3.7017%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Roosevelt & Cross, TIC 3.7328%
Mesirow Financial, TIC 3.7555%
Fidelity Capital, TIC 3.7895%
KeyBanc Cap Mkts, TIC 3.8129%
Baird, TIC 3.8688%
Pomfret (Town)
Jun 25, 2025 $2,153,800
Bond Anticipation Notes, 2025A (bank qualified).
Dated Jul 17, 2025.
Due Jul 16, 2026.
Purchased $2,153,800.00 by Oppenheimer, at 4.125%, plus $778.00, effective rate 4.0887%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.25%
Schoharie Central School District
Jun 25, 2025 $2,750,000
General Obligation Bond Anticipation Notes, 2025 Series B (Renewals).
Dated Jul 10, 2025.
Due Jun 25, 2026.
Purchased $2,750,000.00 by Piper Sandler, at 4.0%, plus $13,832.50, effective rate 3.4751%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.5845%
NBT Bank, Effective Rate 3.75%
Bank of Greene Co, Effective Rate 4.6%
Schoharie Central School District
Jun 25, 2025 $21,025,000
General Obligation Bond Anticipation Notes, 2025 Series A.
Dated Jul 10, 2025.
Due Jul 10, 2026.
Purchased $21,025,000.00 by TD Securities, at 4.0%, plus $169,041.00, effective rate 3.196%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 3.229%
BNY Mellon Cap Mkts, Effective Rate 3.3191%
Oppenheimer, Effective Rate 3.3391%
Scio Central School District
Jun 25, 2025 $5,655,000
General Obligations Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Jul 10, 2025.
Due Jun 25, 2026.
Purchased $5,655,000.00 by Piper Sandler, at 3.75%, plus $6,050.85, effective rate 3.6383%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.7599%
Oppenheimer, Effective Rate 4.0962%
Bank of Greene Co, Effective Rate 4.1%
South Colonie Central School District
Jun 25, 2025 $4,185,291
General Obligations Bond Anticipation Notes, 2025 Series B.
Dated Jul 9, 2025.
Due Jul 9, 2026.
Purchased $4,185,291.00 by Jefferies, at 4.0%, plus $30,933.00, effective rate 3.2609%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.4677%
South Colonie Central School District
Jun 25, 2025 $75,717,062
General Obligations Bond Anticipation Notes, 2025 Series A.
Dated Jul 9, 2025.
Due Jul 9, 2026.
Purchased $75,717,062.00 by Jefferies, at 4.0%, plus $695,849.00, effective rate 3.081%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.215%
Oppenheimer, Effective Rate 3.2201%
Stockbridge Valley Central School District
Jun 25, 2025 $6,785,000
General Obligations Bond Anticipation Notes, 2025 (bank qualified).
Dated Jul 10, 2025.
Due Jun 25, 2026.
Purchased $6,785,000.00 by Janney Montgomery, at 3.75%, plus $12,484.40, effective rate 3.558%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.755%
Oppenheimer, Effective Rate 3.9128%
Bank of Greene Co, Effective Rate 4.1%
Susquehanna Valley Central School District at Conklin
Jun 25, 2025 $24,440,000
General Obligations Bond Anticipation Notes, 2025.
Dated Jul 16, 2025.
Due Jul 16, 2026.
Purchased $24,440,000.00 by Jefferies, at 4.0%, plus $197,969.00, effective rate 3.19%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.2949%
Oppenheimer, Effective Rate 3.3763%
Voorheesville Central School District
Jun 25, 2025 $12,210,000
Bond Anticipation Notes for Capital Project, 2025.
Dated Jul 9, 2025.
Due Jul 9, 2026.
Purchased $12,210,000.00 by Jefferies, at 4.0%, plus $103,418.70, effective rate 3.153%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
Truist Secs, Inc., Effective Rate 3.201%
BNY Mellon Cap Mkts, Effective Rate 3.2294%
Oppenheimer, Effective Rate 3.2475%
Webb Union Free School District(Town)
Jun 25, 2025 $8,950,000
General Obligations Bond Anticipation Notes, 2025 (bank qualified).
Dated Jul 16, 2025.
Due Jul 16, 2026.
Purchased $8,950,000.00 by BNY Mellon Cap Mkts, at 4.25%, plus $45,647.69, effective rate 3.74%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 4.031%
Bank of Greene Co, Effective Rate 4.1%
Webster Central School District
Jun 25, 2025 $15,000,000
General Obligations Bond Anticipation Notes, 2025.
Dated Jul 16, 2025.
Due Jul 16, 2026.
Purchased $15,000,000.00 by TD Securities, at 4.0%, plus $136,050.00, effective rate 3.093%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Piper Sandler, Effective Rate 3.132%
Truist Secs, Inc., Effective Rate 3.133%
Jefferies, Effective Rate 3.1529%
Oppenheimer, Effective Rate 3.1941%
BNY Mellon Cap Mkts, Effective Rate 3.204%
OKLAHOMA
Creek County Independent School District No. 5 (Mounds)
Jun 25, 2025 $760,000
General Obligation Combined Purpose Bonds of 2025 (bank qualified) (book entry).
Dated Aug 1, 2025.
Due Aug 1, 2027.
Non-callable.
Winning bid: Exchange Bank, at n/a, NIC 3.9%.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
UMB Bank, NIC 3.997%
Lawton (City)
Jun 24, 2025 $3,150,000
General Obligation Bonds, Series 2025 (book entry).
Dated Aug 1, 2025.
Due Dec 1, 2027 to 2035.
Non-callable.
Winning bid: PNC Capital Markets, at 102.6171, TIC 3.3186%.
L.O.: Floyd & Driver, PLLC, Norman, OK; and State Attorney General.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Other bidders were:
StoneX Fin Inc., TIC 3.5023%
TD Securities, TIC 3.5102%
Baird, TIC 3.5285%
Huntington Secs, TIC 3.7519%
TENNESSEE
Lauderdale County
Jun 25, 2025 $9,900,000
General Obligation School Bonds, Series 2025 (bank qualified) (book entry).
Dated Jul 25, 2025.
Due Jun 1, 2027 to 2055.
Callable Jun 1, 2032 at par.
Winning bid: Raymond James, at 100.0954, TIC 4.4762%.
L.O.: Bass, Berry & Sims PLC, Knoxville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Baird, TIC 4.505%
FHN Fin Cap Mkts, TIC 4.5269%
Stifel Nicolaus, TIC 4.5839%
TD Securities, TIC 4.6502%
Bancroft Capital, TIC 4.6813%
Huntington Secs, TIC 4.8392%
TEXAS
Harris County Improvement District No. 23
Jun 25, 2025 $3,100,000
Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Jul 1, 2025.
Due Sep 1, 2026 to 2050.
Callable Sep 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.0011, NIC 5.0828%.
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.: Allen Boone Humphries Robinson LLP, Houston, TX; Burney & Foreman, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX; and Knight & Day Group, LLC,, Houston, TX.
Other bidders were:
Baird, NIC 5.1319%
RBC Capital Mkts, NIC 5.2736%
Crews & Associates, NIC 5.3867%
Harris County Municipal Utility District No. 478
Jun 25, 2025 $5,200,000
Contract Revenue Bonds, Series 2025A (book entry).
Dated Jul 1, 2025.
Due Dec 1, 2026 to 2050.
Callable Dec 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0001, NIC 5.2111%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Post Oak Municipal Advisors LLC, Houston, TX.
Other bidders were:
GMS Group, NIC 5.2553%
Crews & Associates, NIC 5.3184%
RBC Capital Mkts, NIC 5.3872%
WISCONSIN
Milwaukee Area Technical College District
Jun 24, 2025 $1,500,000
General Obligation Promissory Notes, Series 2025-26A (book entry).
Dated Jul 10, 2025.
Due Jun 1, 2027 to 2030.
Non-callable.
Winning bid: Loop Capital, at 103.9331, TIC 2.9863%.
L.O.: Michael, Best & Friedrich, Milwaukee, WI.
F.A.: Baird, Milwaukee, WI.
Other bidders were:
Fidelity Capital, TIC 2.9915%
Huntington Secs, TIC 3.0534%
TD Securities, TIC 3.1118%
Brownstone Inv Grp, TIC 3.1137%
Oostburg Village
Jun 24, 2025 $1,780,000
General Obligation Promissory Notes, Series 2025A (bank qualified) (book entry).
Dated Jul 16, 2025.
Due Apr 1, 2027 to 2040.
Callable Apr 1, 2034 at par.
Winning bid: Bankers' Bank, at 102.0798, TIC 4.247%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
Baird, TIC 4.315%
BOK Fin Secs, TIC 4.5013%
TAXABLE ISSUES
OKLAHOMA
Jun 24, 2025 $2,985,000
Building Bonds of 2025 (Federally Taxable) (book entry).
Dated Aug 1, 2025.
Due Aug 1, 2027 to 2028.
Non-callable.
Winning bid: First Bankers' Banc, at n/a, NIC 4.6486%.
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
BOK Fin Secs, NIC 4.7254%
Country Club Bank, NIC 4.7971%
Legacy Bank, NIC 5.1%