ARKANSAS
Harmony Grove School District No. 1 of Saline County
Jul 22, 2025 $840,000
Construction Bonds (Arkansas School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Aug 7, 2025.
Due Feb 1, 2026 to 2050.
Callable Aug 1, 2030 at par.
Winning bid: Raymond James, at 98.3000, TIC 4.6937%.
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: First Security Beardsley, Little Rock, AR.
Other bidders were:
Baird, TIC 4.9718%
Carty, Harding, TIC 5.0748%
CONNECTICUT
North Branford (Town)
Jul 22, 2025 $8,705,000
General Obligation Bonds, Issue of 2025 (bank qualified) (book entry).
Dated Aug 1, 2025.
Due Aug 1, 2028 to 2045.
Callable Aug 1, 2032 at par.
Winning bid: Piper Sandler, at 104.3160, TIC 3.827%.
L.O.: Robinson & Cole, Hartford, CT.
F.A.: Munistat Services, Inc., Madison, CT.
Other bidders were:
Loop Capital, TIC 3.8488%
Janney Montgomery, TIC 3.8638%
Baird, TIC 3.8713%
StoneX Fin Inc., TIC 3.8852%
Roosevelt & Cross, TIC 3.9007%
UBS Financial Svcs, TIC 3.923%
Bancroft Capital, TIC 3.9467%
Huntington Secs, TIC 3.9612%
Hilltop Securities, TIC 3.9898%
ILLINOIS
Forest Preserve District of Kane County
Jul 22, 2025 $46,940,000
General Obligation Limited Tax Bonds, Series 2025 (book entry).
Dated Aug 5, 2025.
Due Dec 15, 2027 to 2042.
Callable Dec 15, 2033 at par.
Winning bid: Jefferies, at n/a, TIC 4.0891%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Baird, TIC 4.1352%
JPMorgan, TIC 4.1659%
Morgan Stanley, TIC 4.1803%
KeyBanc Cap Mkts, TIC 4.1957%
Lemont-Bromberek Combined School District #113A
Jul 21, 2025 $11,420,000
General Obligation School Bonds, Series 2025 (book entry).
Dated Aug 13, 2025.
Due Dec 1, 2026 to 2035.
Callable Dec 1, 2032 at par.
Winning bid: KeyBanc Cap Mkts, at 107.9238, TIC 3.5471%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Mesirow Financial, TIC 3.5707%
Hilltop Securities, TIC 3.5743%
Huntington Secs, TIC 3.6025%
Baird, TIC 3.7197%
KENTUCKY
Adair County School District Finance Corporation
Jul 22, 2025 $2,310,000
School Building Revenue Bonds, Series of 2025 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Aug 12, 2025.
Due Aug 1, 2026 to 2043.
Callable Aug 1, 2033 at par.
Winning bid: Baird, at 99.8351, NIC 4.3035%.
Other managers: CL King & Associates, Crews & Associates, Inc., Edward Jones, First Kentucky Securities Corp., Northland Securities, Inc., Celadon Financial Group, LLC, Cadz Securities Inc,, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., FMSbonds, Inc., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Blaylock Van, LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., Valdes & Moreno, Inc., First Bankers' Banc Securities Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
Stifel Nicolaus, NIC 4.3386%
Raymond James, NIC 4.3907%
CINCap Invest Grp, NIC 4.5212%
Mccracken County Board of Education
Jul 22, 2025 $19,720,000
General Obligation Bonds, Series 2025 (Kentucky State Intercept Program) (book entry).
Dated Aug 12, 2025.
Due Aug 1, 2026 to 2045.
Callable Aug 1, 2034 at par.
Winning bid: JPMorgan, at 102.7820, TIC 4.7534%.
In association with: Academy Securities Inc..
In association with: Estrada Hinojosa & Company, Inc., Rice Financial Products Company, Stern Brothers & Co..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Baird, Paducah, KY; and Baird, Louisville, KY.
Other bidders were:
KeyBanc Cap Mkts, TIC 4.7539%
PNC Capital Markets, TIC 4.7573%
UBS Financial Svcs, TIC 4.7577%
Mesirow Financial, TIC 4.7586%
Truist Secs, Inc., TIC 4.7692%
StoneX Fin Inc., TIC 4.7726%
Morgan Stanley, TIC 4.7845%
Janney Montgomery, TIC 4.8721%
Northland Securities, TIC 4.9044%
MASSACHUSETTS
Franklin Regional Transit Authority
Jul 22, 2025 $1,200,000
General Obligation Revenue Anticipation Notes (bank qualified) (book entry).
Dated Aug 1, 2025.
Due Jul 31, 2026.
Purchased $1,200,000.00 by TD Securities, at 4.0%, plus $5,124.00, effective rate 3.573%.
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:
Oppenheimer, Effective Rate 3.834%
Easthampton Svgs Bk, Effective Rate 4.15%
Greenfield Co-Op Bk, Effective Rate 4.2%
Marshfield (Town)
Jul 22, 2025 $1,050,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Aug 15, 2025.
Due Aug 14, 2026.
Purchased $1,050,000.00 by Fidelity Capital, at 4.0%, plus $10,384.50, effective rate 3.0082%.
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 3.285%
Oppenheimer, Effective Rate 3.4786%
Marshfield (Town)
Jul 22, 2025 $3,655,000
General Obligation Municipal Purpose Loan of 2025 Bonds (bank qualified) (book entry).
Dated Aug 14, 2025.
Due Aug 1, 2026 to 2045.
Callable Aug 1, 2034 at par.
Winning bid: Loop Capital, at 105.4808, TIC 3.7193%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Roosevelt & Cross, TIC 3.7609%
Baird, TIC 3.781%
Brownstone Inv Grp, TIC 3.7828%
TD Securities, TIC 3.8055%
Fidelity Capital, TIC 3.8099%
Huntington Secs, TIC 3.8441%
MINNESOTA
Roseville (City)
Jul 21, 2025 $1,790,000
General Obligation Equipment Certificates, Series 2025A (bank qualified) (book entry).
Dated Aug 12, 2025.
Due Feb 1, 2027 to 2033.
Callable Feb 1, 2031 at par.
Winning bid: TD Securities, at 103.7421, TIC 3.1137%.
L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Baird, TIC 3.1215%
Stifel Nicolaus, TIC 3.1563%
Hilltop Securities, TIC 3.2119%
Northland Securities, TIC 3.2149%
Brownstone Inv Grp, TIC 3.2286%
Raymond James, TIC 3.2474%
Savage (City)
Jul 21, 2025 $3,525,000
General Obligation Bonds, Series 2025A (bank qualified) (book entry).
Dated Aug 14, 2025.
Due Feb 1, 2027 to 2041.
Callable Feb 1, 2035 at par.
Winning bid: Baird, at 104.4850, TIC 2.7054%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., Bernardi Securities, Inc., Country Club Bank, 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., Central States 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., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.
F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN.
Other bidders were:
Northland Securities, TIC 2.7168%
Piper Sandler, TIC 2.7853%
Raymond James, TIC 2.8363%
Hilltop Securities, TIC 3.6477%
Stifel Nicolaus, TIC 3.7159%
NEW JERSEY
Bellmawr Borough
Jul 22, 2025 $14,597,009
Bond Anticipation Notes of 2025, Series A Consisting of: $6,122,037 General Improvement Notes $8,474,972 Water Utility Notes
(book entry).
Dated Jul 31, 2025.
Due Jul 30, 2026.
Purchased $14,597,009.00 by TD Securities, at 3.25%, plus $46,856.39, effective rate 2.929%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Jefferies, Effective Rate 2.958%
BNY Mellon Cap Mkts, Effective Rate 3.1297%
Oppenheimer, Effective Rate 3.245%
Cranford Township Board of Education
Jul 22, 2025 $8,815,000
Energy Savings Obligation Refunding Bonds, Series 2025 (New Jersey School Bond Reserve Act, 1980 N.J. Laws c. 72, as amended) (bank qualified) (book entry).
Dated Aug 5, 2025.
Due Aug 1, 2027 to 2046.
Callable Aug 1, 2032 at par.
Winning bid: Baird, at 101.5626, TIC 4.1966%.
Other managers: CL King & Associates, A.G.P./Alliance Global Partners, Dinosaur Securities, Blaylock Van, LLC, Midland Securities Ltd, Northland Securities, Inc., Celadon Financial Group, LLC, Cadz Securities Inc,, Carty, Harding, & Hearn, Inc., FMSbonds, Inc., First Southern LLC, Mountainside Securities LLC, StoneX Financial Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Oppenheimer & Co., Inc..
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Roosevelt & Cross, TIC 4.21%
Riverton Borough
Jul 22, 2025 $1,564,577
Bond Anticipation Notes (bank qualified).
Dated Jul 31, 2025.
Due Apr 23, 2026.
Purchased $1,564,577.00 by First Colonial, at 3.6%, effective rate 3.6%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Piper Sandler, Effective Rate 3.9535%
Amboy Bank, Effective Rate 4.0%
Oppenheimer, Effective Rate 4.2432%
Rochelle Park Township
Jul 22, 2025 $8,270,000
Bond Anticipation Notes, Series 2025 (bank qualified) (book entry).
Dated Aug 7, 2025.
Due May 6, 2026.
Purchased $8,270,000.00 by Janney Montgomery, at 3.75%, plus $17,590.29, effective rate 3.4653%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Piper Sandler, Effective Rate 3.5733%
Oppenheimer, Effective Rate 3.7441%
BNY Mellon Cap Mkts, Effective Rate 3.867%
Amboy Bank, Effective Rate 4.0%
Union Township (Union County)
Jul 22, 2025 $10,000,000
Bond Anticipation Notes, Series 2025.
Dated Jul 31, 2025.
Due Apr 2, 2026.
Purchased $10,000,000.00 by Jefferies, at 4.0%, plus $69,100.00, effective rate 2.9721%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
Other bidders were:
TD Securities, Effective Rate 3.0598%
BNY Mellon Cap Mkts, Effective Rate 3.1898%
Piper Sandler, Effective Rate 3.1936%
Oppenheimer, Effective Rate 3.4407%
NEW YORK
Fulton (City)
Jul 22, 2025 $1,800,000
General Obligation Bond Anticipation Notes 2025 Series B (Renewals) (bank qualified).
Dated Aug 21, 2025.
Due Aug 21, 2026.
Purchased $1,800,000.00 by Bank of Greene Co, 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:
Roosevelt & Cross, Effective Rate 5.75%
Oppenheimer, Effective Rate 6.9986%
Fulton (City)
Jul 22, 2025 $4,925,000
General Obligation Bond Anticipation Notes 2025 Series A (bank qualified).
Dated Jul 31, 2025.
Due Jul 31, 2026.
Purchased $4,925,000.00 by Roosevelt & Cross, at 5.25%, plus $20,094.00, effective rate 4.842%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 6.7449%
Holley Central School District
Jul 22, 2025 $906,200
Bond Anticipation Notes, 2025 Series B.
Dated Aug 7, 2025.
Due Aug 6, 2026.
Purchased $906,200.00 by Oppenheimer, at 4.0%, plus $3,730.00, effective rate 3.5872%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 3.7743%
Bank of Greene Co, Effective Rate 4.5%
Holley Central School District
Jul 22, 2025 $14,100,000
Bond Anticipation Notes, 2025 Series A.
Dated Aug 7, 2025.
Due Jun 23, 2026.
Purchased $14,100,000.00 by Oppenheimer, at 3.75%, plus $103,777.00, effective rate 2.9115%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
TD Securities, Effective Rate 2.9587%
Jefferies, Effective Rate 2.9735%
BNY Mellon Cap Mkts, Effective Rate 3.2749%
Johnson City Central School District
Jul 22, 2025 $1,527,933
General Obligation Bond Anticipation Notes, 2025 Series B (bank qualified).
Dated Jul 31, 2025.
Due Jul 31, 2026.
Purchased $1,527,933.00 by Piper Sandler, at 3.75%, plus $9,045.36, effective rate 3.158%.
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 3.4211%
Oppenheimer, Effective Rate 3.4976%
NBT Bank, Effective Rate 3.74%
Bank of Greene Co, Effective Rate 3.99%
Roosevelt & Cross, Effective Rate 4.082%
Johnson City Central School District
Jul 22, 2025 $6,500,000
General Obligation Bond Anticipation Notes, 2025 Series A (bank qualified).
Dated Jul 31, 2025.
Due Jul 10, 2026.
Purchased $6,500,000.00 by Piper Sandler, at 3.75%, plus $44,785.00, effective rate 3.0205%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 3.0531%
Oppenheimer, Effective Rate 3.1483%
TD Securities, Effective Rate 3.1879%
Montgomery County
Jul 22, 2025 $2,190,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Jul 31, 2025.
Due Jul 31, 2026.
Purchased $2,190,000.00 by Piper Sandler, at 3.75%, plus $13,818.90, effective rate 3.119%.
L.O.: Roemer, Wallens & Mineaux, LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.2678%
Roosevelt & Cross, Effective Rate 3.64%
NBT Bank, Effective Rate 3.85%
Bank of Greene Co, Effective Rate 3.89%
Montgomery County
Jul 22, 2025 $3,500,000
Public Improvement (Serial) Bonds, 2025 (bank qualified).
Dated Jul 31, 2025.
Due Jul 15, 2026 to 2034.
Non-callable.
Winning bid: Brownstone Inv Grp, at n/a, NIC 3.0229%.
L.O.: Roemer, Wallens & Mineaux, LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.3501%
Baird, NIC 3.3573%
Bank of Greene Co, NIC 3.9918%
Port Jervis City School District
Jul 22, 2025 $19,140,000
Bond Anticipation Notes, 2025 (New Issue).
Dated Aug 7, 2025.
Due Jun 26, 2026.
Purchased $19,140,000.00 by Jefferies, at 4.0%, plus $194,462.40, effective rate 2.8534%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
TD Securities, Effective Rate 2.8715%
Oppenheimer, Effective Rate 2.8803%
BNY Mellon Cap Mkts, Effective Rate 2.9195%
Royalton (Town)
Jul 22, 2025 $3,500,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Aug 6, 2025.
Due Aug 5, 2026.
Purchased $3,500,000.00 by Bank of Greene Co, at 3.99%, effective rate 3.99%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Scotia Glenville Central School District
Jul 22, 2025 $12,500,000
General Obligations Bond Anticipation Notes, 2025.
Dated Jul 31, 2025.
Due Jul 31, 2026.
Purchased $12,500,000.00 by Jefferies, at 4.0%, plus $139,380.00, effective rate 2.885%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 2.9619%
TD Securities, Effective Rate 2.994%
BNY Mellon Cap Mkts, Effective Rate 3.13%
South Orangetown Central School District
Jul 22, 2025 $28,000,000
Bond Anticipation Notes - 2025 Series B.
Dated Aug 5, 2025.
Due Aug 5, 2026.
Purchased $28,000,000.00 by Jefferies, at 4.0%, plus $339,645.00, effective rate 2.787%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 2.804%
TD Securities, Effective Rate 2.86%
BNY Mellon Cap Mkts, Effective Rate 3.0419%
NORTH CAROLINA
Burlington (City)
Jul 22, 2025 $11,000,000
General Obligation Public Improvement Bonds, Series 2025B (book entry).
Dated Aug 12, 2025.
Due Aug 1, 2026 to 2045.
Callable Aug 1, 2035 at par.
Winning bid: Raymond James, at 105.2389, TIC 3.892%.
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Ramirez & Co., Inc., SumRidge Partners, LLC, SAMCO Capital Markets, Zeus Financial, LLC, Advisors Asset Management Inc, American Veterans Group.
L.O.: Womble Bond Dickinson LLP, Raleigh, NC.
F.A.: Davenport & Company LLC, Charlotte, NC; and Local Government Commission, Raleigh, NC.
Other bidders were:
UBS Financial Svcs, TIC 3.8948%
StoneX Fin Inc., TIC 3.9475%
Bancroft Capital, TIC 3.9478%
FHN Fin Cap Mkts, TIC 3.955%
Wells Fargo Corp, TIC 3.9607%
Baird, TIC 3.9681%
PNC Capital Markets, TIC 3.9719%
Huntington Secs, TIC 3.9796%
Hilltop Securities, TIC 3.9835%
UMB Bank, TIC 3.9877%
Crews & Associates, TIC 4.0564%
Baker Group, TIC 4.1598%
OKLAHOMA
Moore (City)
Jul 21, 2025 $9,450,000
General Obligation Bonds of 2025 (book entry).
Dated Aug 1, 2025.
Due Mar 1, 2028 to 2036.
Non-callable.
Winning bid: PNC Capital Markets, at 102.7669, NIC 3.5797%.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Other bidders were:
Huntington Secs, NIC 3.5987%
Baird, NIC 3.6018%
StoneX Fin Inc., NIC 3.6867%
FHN Fin Cap Mkts, NIC 3.7358%
Loop Capital, NIC 3.7896%
TEXAS
Bridge City Independent School District
Jul 21, 2025 $18,000,000
Unlimited Tax School Building Bonds, Series 2025 (The Permanent School Fund Guarantee Program) (book entry).
Dated Aug 1, 2025.
Due Feb 15, 2027 to 2055.
Callable Feb 15, 2034 at par.
Winning bid: Hilltop Securities, at 101.2916, TIC 4.9173%.
L.O.: Norton Rose Fulbright US LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
Baird, TIC 4.9616%
Fidelity Capital, TIC 4.9818%
Frost Bank, TIC 5.016%
Buffalo Independent School District
Jul 21, 2025 $9,925,000
Unlimited Tax School Building Bonds, Series 2025A (The Permanent School Fund Guarantee Program) (book entry).
Dated Aug 1, 2025.
Due Feb 15, 2026 to 2055.
Callable Feb 15, 2034 at par.
Winning bid: Hilltop Securities, at 103.0302, TIC 4.783%.
L.O.: Frost Brown Todd LLP, Houston, TX; Powell Law Group, LLP, Austin, TX; and State Attorney General.
F.A.: Frost Bank, San Antonio, TX.
Other bidders were:
Baird, TIC 4.8458%
Raymond James, TIC 4.9314%
Cleburne (City)
Jul 22, 2025 $15,760,000
Combination Tax and Revenue Certificates of Obligation, Series 2025 (book entry).
Dated Jul 15, 2025.
Due Feb 15, 2027 to 2055.
Callable Feb 15, 2035 at par.
Winning bid: Baird, at 99.3228, TIC 5.01%.
Other managers: CL King & Associates, Edward Jones, Davenport & Company LLC, Stifel, Nicolaus & Co., Inc., Crews & Associates, Inc., Carty, Harding, & Hearn, Inc., Bernardi Securities, Inc., Northland Securities, Inc., Cadz Securities Inc,, Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., FMSbonds, Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Bracewell LLP, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
BOK Fin Secs, TIC 5.0298%
RBC Capital Mkts, TIC 5.0303%
Raymond James, TIC 5.0428%
Fort Bend County Municipal Utility District No. 184
Jul 22, 2025 $15,300,000
Unlimited Tax Road Bonds, Series 2025 (book entry).
Dated Aug 1, 2025.
Due Apr 1, 2027 to 2050.
Callable Apr 1, 2030 at par.
Winning bid: Hilltop Securities, at 97.4272, NIC 4.9596%.
Other managers: FMSbonds, Inc..
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
Baird, NIC 4.9635%
SAMCO Cap Mkts, NIC 4.973%
Raymond James, NIC 5.0969%
Lake Jackson (City)
Jul 21, 2025 $19,840,000
Limited Tax Bonds, Series 2025 (book entry).
Dated Aug 1, 2025.
Due Mar 15, 2026 to 2045.
Callable Mar 15, 2034 at par.
Winning bid: TD Securities, at 103.6785, TIC 4.1651%.
L.O.: Winstead PC, Houston, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Houston, TX.
Other bidders were:
BOK Fin Secs, TIC 4.286%
Baird, TIC 4.3404%
Janney Montgomery, TIC 4.3762%
Fidelity Capital, TIC 4.3909%
Runnels County
Jul 21, 2025 $3,865,000
General Obligation Bonds, Series 2025 (bank qualified) (book entry).
Dated Jul 15, 2025.
Due Feb 15, 2026 to 2045.
Callable Feb 15, 2035 at par.
Winning bid: Raymond James, at 104.0298, TIC 4.2068%.
L.O.: Bickerstaff Heath Delgado Acosta LLP, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX; and Specialized Public Finance Inc., Austin, TX.
Other bidders were:
SAMCO Cap Mkts, TIC 4.2895%
Baker Group, TIC 4.2903%
BOK Fin Secs, TIC 4.3272%
Baird, TIC 4.3565%
Hilltop Securities, TIC 4.3757%
Springtown Independent School District
Jul 21, 2025 $83,000,000
Unlimited Tax School Building Bonds, Series 2025 (Permanent School Fund Guarantee Program) (book entry).
Dated Aug 1, 2025.
Due Feb 15, 2026 to 2055.
Callable Aug 15, 2035 at par.
Winning bid: Wells Fargo Corp, at 100.5234, TIC 4.959%.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
JPMorgan, TIC 4.9837%
Jefferies, TIC 4.9993%
Truist Secs, Inc., TIC 5.0171%
Baird, TIC 5.0326%
Janney Montgomery, TIC 5.0507%
Hilltop Securities, TIC 5.0521%
Piper Sandler, TIC 5.0572%
Huntington Secs, TIC 5.0898%
BOK Fin Secs, TIC 5.1053%
Raymond James, TIC 5.1072%
VIRGINIA
Virginia Resources Authority
Jul 22, 2025 $40,415,000
State Moral Obligation Revenue Bonds, Series 2025B (Virginia Pooled Financing Program) (book entry).
Dated Aug 5, 2025.
Due Nov 1, 2026 to 2055.
Callable Nov 1, 2035 at par.
Winning bid: Jefferies, at 104.0760, TIC 4.637%.
L.O.: McGuireWoods LLP, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
Wells Fargo Corp, TIC 4.647%
Hilltop Securities, TIC 4.6533%
Baird, TIC 4.701%
Morgan Stanley, TIC 4.8149%
Virginia Resources Authority
Jul 22, 2025 $88,525,000
Infrastructure Revenue Bonds, Series 2025B (Virginia Pooled Financing Program) (book entry).
Dated Aug 5, 2025.
Due Nov 1, 2026 to 2055.
Callable Nov 1, 2035 at par.
Winning bid: JPMorgan, at 103.6011, TIC 4.4816%.
In association with: Academy Securities Inc..
In association with: Estrada Hinojosa & Company, Inc., Rice Financial Products Company, Stern Brothers & Co., InspereX LLC.
L.O.: McGuireWoods LLP, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
BofA Securities, TIC 4.4891%
Jefferies, TIC 4.4906%
Hilltop Securities, TIC 4.4978%
Wells Fargo Corp, TIC 4.507%
Truist Secs, Inc., TIC 4.5124%
Morgan Stanley, TIC 4.5459%
Baird, TIC 4.5616%
TD Securities, TIC 4.565%
TAXABLE ISSUES
OKLAHOMA
Ottawa County Independent School District No. 18 (Commerce)
Jul 22, 2025 $600,000
Taxable Building Bonds of 2025 (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2027.
Non-callable.
Winning bid: BOK Fin Secs, at n/a, NIC 4.5685%.
In association with: Welch State 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:
Country Club Bank, NIC 4.8575%
UMB Bank, NIC 4.8955%
Exchange Bank, NIC 5.18%
VIRGINIA
Virginia Resources Authority
Jul 22, 2025 $2,115,000
Infrastructure Revenue Bonds, Series 2025 (Taxable) (Virginia Pooled Financing Program) (book entry). $1,475,000
Dated Aug 5, 2025.
Due Nov 1, 2030 to 2035.
Non-callable.
Winning bid: Raymond James, at 99.2000, TIC 4.7831%.
State Moral Obligation Revenue Bonds, Series 2025B (Taxable) (Virginia Pooled Financing Program) (book entry). $640,000
Dated Aug 5, 2025.
Due Nov 1, 2030 to 2035.
Non-callable.
Winning bid: Raymond James, at 99.2000, TIC 4.7831%.
L.O.: McGuireWoods LLP, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
Piper Sandler, TIC 4.8105%
Baird, TIC 4.8997%
Wells Fargo Corp, TIC 4.9215%
SWBC Investment Svcs, TIC 8.7906%