ARKANSAS
Greenbrier School District No. 47 of Faulkner County
Jul 22, 2025 $5,145,000
Construction Bonds (Arkansas School District Intercept Program) (bank qualified) (book entry).
Dated Aug 27, 2025.
Due Feb 1, 2026 to 2046.
Callable Aug 1, 2030 at par.
Winning bid: Stifel Nicolaus, at 99.0053, TIC 4.3775%.
Other managers: BOK Financial Securities.
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: Stephens Inc., Little Rock, AR.
Other bidders were:
Raymond James, TIC 4.3941%
Baird, TIC 4.5034%
Carty, Harding, TIC 4.5335%
Crews & Associates, TIC 4.539%
COLORADO
Loveland (City)
Jul 22, 2025 $43,630,000
Water Enterprise Revenue Bonds, Series 2025 (book entry).
Dated Jul 31, 2025.
Due Aug 1, 2026 to 2050.
Callable Aug 1, 2035 at par.
Winning bid: Janney Montgomery, at 103.6023, TIC 4.5158%.
L.O.: Butler Snow, LLP, Denver, CO.
F.A.: Hilltop Securities Inc., Denver, CO.
Other bidders were:
Huntington Secs, TIC 4.5395%
Wells Fargo Corp, TIC 4.5447%
JPMorgan, TIC 4.549%
Piper Sandler, TIC 4.5491%
Truist Secs, Inc., TIC 4.5512%
TD Securities, TIC 4.5523%
Mesirow Financial, TIC 4.5525%
KeyBanc Cap Mkts, TIC 4.5571%
BofA Securities, TIC 4.5591%
Baird, TIC 4.568%
Stifel Nicolaus, TIC 4.5732%
Morgan Stanley, TIC 4.5802%
Loveland (City)
Jul 22, 2025 $48,490,000
Wastewater Enterprise Revenue Bonds Series 2025 (book entry).
Dated Jul 31, 2025.
Due Aug 1, 2026 to 2050.
Callable Aug 1, 2035 at par.
Winning bid: Janney Montgomery, at 103.5216, TIC 4.5233%.
L.O.: Butler Snow, LLP, Denver, CO.
F.A.: Hilltop Securities Inc., Denver, CO.
Other bidders were:
JPMorgan, TIC 4.5528%
Huntington Secs, TIC 4.553%
Baird, TIC 4.5546%
Stifel Nicolaus, TIC 4.5586%
Piper Sandler, TIC 4.5631%
Morgan Stanley, TIC 4.5637%
Wells Fargo Corp, TIC 4.5646%
Truist Secs, Inc., TIC 4.5742%
KeyBanc Cap Mkts, TIC 4.5744%
TD Securities, TIC 4.5819%
BofA Securities, TIC 4.5883%
Fidelity Capital, TIC 4.606%
CONNECTICUT
Ledyard (Town)
Jul 23, 2025 $8,500,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Aug 12, 2025.
Due Aug 11, 2026.
Purchased $8,500,000.00 by Truist Secs, Inc., at 3.75%, plus $73,695.00, effective rate 2.8806%.
L.O.: Pullman & Comley, Hartford, CT.
F.A.: Munistat Services, Inc., Madison, CT.
Other bidders were:
Jefferies, Effective Rate 2.933%
TD Securities, Effective Rate 2.9521%
Oppenheimer, Effective Rate 2.9802%
Fidelity Capital, Effective Rate 3.0333%
BNY Mellon Cap Mkts, Effective Rate 3.1063%
M & T Bank, Effective Rate 3.77%
Thomaston (Town)
Jul 23, 2025 $940,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Aug 6, 2025.
Due Aug 5, 2026.
Purchased $940,000.00 by Truist Secs, Inc., at 4.0%, plus $10,387.00, effective rate 2.8919%.
L.O.: Shipman & Goodwin, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
Oppenheimer, Effective Rate 3.2369%
Thomaston (Town)
Jul 23, 2025 $4,025,000
General Obligation Bonds, Issue of 2025 (bank qualified) (book entry).
Dated Aug 6, 2025.
Due Aug 1, 2026 to 2045.
Callable Aug 1, 2033 at par.
Winning bid: Loop Capital, at 103.7090, TIC 3.7882%.
L.O.: Shipman & Goodwin, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
Brownstone Inv Grp, TIC 3.8043%
StoneX Fin Inc., TIC 3.823%
Roosevelt & Cross, TIC 3.8501%
Hilltop Securities, TIC 3.8928%
Huntington Secs, TIC 3.8983%
Baird, TIC 3.9506%
TD Securities, TIC 3.9614%
DELAWARE
New Castle County
Jul 22, 2025 $76,060,000
General Obligation Bonds, Series 2025 (book entry).
Dated Aug 5, 2025.
Due Oct 1, 2026 to 2054.
Callable Oct 1, 2035 at par.
Winning bid: BofA Securities, at 105.7208, TIC 4.1573%.
L.O.: Ballard Spahr LLP, Wilmington, DE.
F.A.: PFM Financial Advisors LLC, Philadelphia, PA.
Other bidders were:
JPMorgan, TIC 4.1772%
Hilltop Securities, TIC 4.1837%
Piper Sandler, TIC 4.1871%
KeyBanc Cap Mkts, TIC 4.2086%
Jefferies, TIC 4.2097%
Huntington Secs, TIC 4.2185%
TD Securities, TIC 4.2194%
Raymond James, TIC 4.2211%
Wells Fargo Corp, TIC 4.2397%
Baird, TIC 4.2919%
FLORIDA
Miami-Dade County
Jul 22, 2025 $95,160,000
Transit System Sales Surtax Revenue Refunding Bonds Series 2025 (book entry).
Dated Aug 19, 2025.
Due Jul 1, 2026 to 2036.
Non-callable.
Winning bid: BofA Securities, at 109.1449, TIC 3.2124%.
L.O.: Hogan Lovells US LLP, Miami, FL; and Law Offices of Steve E. Bullock, Miami, FL.
F.A.: PFM Financial Advisors LLC, Coral Gables, FL.
Other bidders were:
Wells Fargo Corp, TIC 3.2222%
Jefferies, TIC 3.2459%
JPMorgan, TIC 3.2481%
PNC Capital Markets, TIC 3.2554%
Hilltop Securities, TIC 3.2589%
Truist Secs, Inc., TIC 3.2623%
TD Securities, TIC 3.2624%
Barclays Capital, TIC 3.2663%
Janney Montgomery, TIC 3.2709%
RBC Capital Mkts, TIC 3.2747%
Goldman Sachs, TIC 3.2933%
Huntington Secs, TIC 3.2989%
Morgan Stanley, TIC 3.3224%
Baird, TIC 3.3555%
KeyBanc Cap Mkts, TIC 3.492%
HAWAII
Maui County
Jul 23, 2025 $300,160,000
General Obligation Bonds, Series 2025 (book entry).
Dated Aug 13, 2025.
Due Sep 1, 2026 to 2045.
Callable Sep 1, 2035 at par.
Winning bid: BofA Securities, at 106.8850, TIC 4.1436%.
L.O.: Hawkins, Delafield & Wood, San Francisco, CA.
F.A.: Columbia Capital Management, LLC, Carlsbad, CA; Columbia Capital Management, LLC, Overland Park, KS; and Columbia Capital Management, LLC, Mission, KS.
Other bidders were:
JPMorgan, TIC 4.1458%
Truist Secs, Inc., TIC 4.1523%
Jefferies, TIC 4.1696%
Wells Fargo Corp, TIC 4.178%
TD Securities, TIC 4.1795%
INDIANA
Marion (City)
Jul 22, 2025 $5,525,000
Redevelopment District Bonds, Series 2025 (Fire Station Project) (book entry).
Dated Aug 7, 2025.
Due Feb 1, 2026 to 2040.
Callable Aug 1, 2035 at par.
Winning bid: FHN Fin Cap Mkts, at 104.4584, TIC 3.9845%.
Other managers: Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., Fidelity Capital Markets, Ramirez & Co., Inc., Advisors Asset Management Inc, SumRidge Partners, LLC, Zeus Financial, LLC.
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
Baird, TIC 4.076%
Hilltop Securities, TIC 4.1926%
Bernardi Securities, TIC 4.2994%
Crews & Associates, TIC 4.3863%
Star Bank, TIC 6.95%
IOWA
Clinton (City)
Jul 22, 2025 $10,215,000
General Obligation Capital Loan Notes, Series 2025B (book entry).
Dated Sep 3, 2025.
Due Jun 1, 2027 to 2040.
Callable Jun 1, 2033 at par.
Winning bid: Hilltop Securities, at 104.6212, TIC 4.3919%.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
Baird, TIC 4.3939%
KANSAS
Independence (City)
Jul 22, 2025 $1,970,000
General Obligation Bonds, Series 2025-B (bank qualified) (book entry).
Dated Aug 21, 2025.
Due Oct 1, 2026 to 2035.
Callable Oct 1, 2032 at par.
Winning bid: Commerce Bank, at 104.4591, TIC 3.5079%.
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Piper Sandler & Co, Leawood, KS.
Other bidders were:
Stifel Nicolaus, TIC 3.545%
Country Club Bank, TIC 3.6038%
Baird, TIC 3.7096%
CINCap Invest Grp, TIC 3.8498%
KENTUCKY
Jul 23, 2025 $11,695,000
General Obligation Bonds, Series of 2025 (Kentucky School District Enhancement Program) (book entry).
Dated Aug 13, 2025.
Due Aug 1, 2026 to 2045.
Callable Aug 1, 2034 at par.
Winning bid: StoneX Fin Inc., at 101.8606, TIC 4.7912%.
Other managers: CINCaP Investment Group, First Kentucky Securities Corp., CL King & Associates, Bancroft Capital, LLC, SouthState | DuncanWilliams Securities Corp., R. Seelaus & Co., Inc..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Baird, Louisville, KY.
Other bidders were:
KeyBanc Cap Mkts, TIC 4.7935%
PNC Capital Markets, TIC 4.8453%
Northland Securities, TIC 4.8972%
MARYLAND
Baltimore Mayor and City Council
Jul 23, 2025 $31,210,000
General Obligation Bonds Consolidated Public Improvement Bonds, Series 2025A (Tax-Exempt) (book entry).
Dated Aug 6, 2025.
Due Oct 15, 2026 to 2045.
Callable Oct 15, 2035 at par.
Winning bid: JPMorgan, at n/a, TIC 4.269%.
In association with: Academy Securities Inc..
In association with: Estrada Hinojosa & Company, Inc., Rice Financial Products Company, Stern Brothers & Co..
L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.
F.A.: PFM Financial Advisors LLC, Philadelphia, PA.
Other bidders were:
Baird, TIC 4.2836%
UBS Financial Svcs, TIC 4.3258%
Wells Fargo Corp, TIC 4.3542%
MASSACHUSETTS
Acushnet (Town)
Jul 23, 2025 $650,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Aug 14, 2025.
Due Aug 13, 2026.
Purchased $650,000.00 by Piper Sandler, at 4.0%, plus $2,034.50, effective rate 3.6861%.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Oppenheimer, Effective Rate 4.057%
Millis (Town)
Jul 23, 2025 $750,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Aug 15, 2025.
Due Aug 14, 2026.
Purchased $750,000.00 by Piper Sandler, at 4.0%, plus $2,347.50, effective rate 3.6861%.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Oppenheimer, Effective Rate 4.0581%
MINNESOTA
Northfield (City)
Jul 22, 2025 $4,115,000
General Obligation Street Reconstruction and Equipment Bonds, Series 2025A (book entry).
Dated Aug 14, 2025.
Due Feb 1, 2027 to 2041.
Callable Feb 1, 2034 at par.
Winning bid: Brownstone Inv Grp, at 106.5493, TIC 3.9435%.
L.O.: Kutak Rock, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Baird, TIC 3.9624%
Hilltop Securities, TIC 3.9771%
FHN Fin Cap Mkts, TIC 4.0692%
Prior Lake (City)
Jul 22, 2025 $2,125,000
General Obligation Improvement Bonds, Series 2025 (bank qualified) (book entry).
Dated Aug 14, 2025.
Due Dec 15, 2026 to 2040.
Callable Dec 15, 2033 at par.
Winning bid: Stifel Nicolaus, at 104.7458, TIC 3.6416%.
L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
Baird, TIC 3.6593%
Raymond James, TIC 3.7182%
Hilltop Securities, TIC 3.7654%
TD Securities, TIC 3.8%
Brownstone Inv Grp, TIC 3.8908%
NEW JERSEY
Egg Harbor Township
Jul 23, 2025 $9,500,000
Bond Anticipation Notes, Series 2025 (bank qualified).
Dated Aug 6, 2025.
Due Aug 6, 2026.
Purchased $9,500,000.00 by Jefferies, at 4.0%, plus $114,285.00, effective rate 2.797%.
L.O.: Fleishman-Daniels Law Offices, Linwood, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
TD Securities, Effective Rate 2.827%
Janney Montgomery, Effective Rate 2.8393%
Oppenheimer, Effective Rate 2.874%
Truist Secs, Inc., Effective Rate 2.88%
BNY Mellon Cap Mkts, Effective Rate 2.9499%
Garwood Borough
Jul 23, 2025 $6,552,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jul 30, 2025.
Due May 1, 2026.
Purchased $6,552,000.00 by Piper Sandler, at 3.75%, plus $12,710.88, effective rate 3.4923%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
North Arlington Borough
Jul 23, 2025 $7,478,000
General Obligation Bond Anticipation Notes (bank qualified).
Dated Jul 30, 2025.
Due Jul 30, 2026.
Purchased $7,478,000.00 by Piper Sandler, at 3.75%, plus $13,535.18, effective rate 3.569%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Raritan Township
Jul 23, 2025 $2,518,000
Bond Anticipation Note (bank qualified).
Dated Aug 6, 2025.
Due May 1, 2026.
Purchased $2,518,000.00 by Janney Montgomery, at 3.75%, plus $1,435.26, effective rate 3.6726%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Oppenheimer, Effective Rate 3.6984%
Secaucus (Town)
Jul 22, 2025 $39,045,000
$40,785,000 Bonds Consisting of $39,660,000 General Improvement Bonds and $1,125,000 Swimming Pool Utility Bonds (book entry).
Dated Aug 1, 2025.
Due Aug 1, 2026 to 2040.
Callable Aug 1, 2032 at par.
Winning bid: Janney Montgomery, at 104.4828, TIC 3.5912%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Jefferies, TIC 3.6041%
TD Securities, TIC 3.6103%
Baird, TIC 3.664%
Raymond James, TIC 3.6708%
FHN Fin Cap Mkts, TIC 3.6798%
NEW YORK
Amherst Central School District
Jul 23, 2025 $47,478,317
Bond Anticipation Notes, 2025.
Dated Aug 5, 2025.
Due Aug 5, 2026.
Purchased $47,478,317.00 by JPMorgan, at 4.0%, plus $634,785.09, effective rate 2.663%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
TD Securities, Effective Rate 2.672%
BofA Securities, Effective Rate 2.705%
Jefferies, Effective Rate 2.761%
Oppenheimer, Effective Rate 2.7797%
BNY Mellon Cap Mkts, Effective Rate 2.8799%
Forestville Central School District
Jul 23, 2025 $926,701
Bond Anticipation Notes, 2025 (bank qualified).
Dated Aug 7, 2025.
Due Aug 6, 2026.
Purchased $926,701.00 by NBT Bank, at 3.5%, effective rate 3.5%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.5923%
Roosevelt & Cross, Effective Rate 3.5958%
Bank of Greene Co, Effective Rate 3.97%
Lyme Central School District
Jul 23, 2025 $173,500
General Obligations School District (Serial) Bonds, 2025 (bank qualified) (book entry).
Dated Aug 6, 2025.
Due Aug 1, 2026 to 2030.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.987%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, NIC 4.1227%
Watertown Savings Bk, NIC 4.1448%
Lyme Central School District
Jul 23, 2025 $6,410,000
General Obligations Bond Anticipation Notes, 2025 (bank qualified).
Dated Aug 6, 2025.
Due Aug 6, 2026.
Purchased $6,410,000.00 by Jefferies, at 4.0%, plus $62,052.00, effective rate 3.032%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Piper Sandler, Effective Rate 3.077%
TD Securities, Effective Rate 3.105%
Oppenheimer, Effective Rate 3.1289%
BNY Mellon Cap Mkts, Effective Rate 3.195%
Bank of Greene Co, Effective Rate 3.97%
Watertown Savings Bk, Effective Rate 3.99%
Newburgh (City)
Jul 23, 2025 $8,920,000
Bond Anticipation Notes - 2025 Series B.
Dated Aug 7, 2025.
Due Aug 7, 2026.
Purchased $8,920,000.00 by Jefferies, at 3.25%, plus $27,384.40, effective rate 2.943%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
TD Securities, Effective Rate 3.01%
BNY Mellon Cap Mkts, Effective Rate 3.1851%
Oppenheimer, Effective Rate 3.3508%
Piper Sandler, Effective Rate 3.573%
Pembroke Central School District
Jul 23, 2025 $910,000
Bond Anticipation Notes, 2025 (Renewal) (bank qualified).
Dated Aug 7, 2025.
Due Aug 7, 2026.
Purchased $910,000.00 by Roosevelt & Cross, at 4.0%, plus $2,366.00, effective rate 3.74%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.97%
Rye (Town)
Jul 23, 2025 $2,352,740
Bond Anticipation Notes, Series 2025A (bank qualified).
Dated Aug 7, 2025.
Due Aug 7, 2026.
Purchased $2,352,740.00 by Oppenheimer, at 4.0%, plus $24,126.00, effective rate 2.9746%.
L.O.: Squire Patton Boggs (US) LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Fidelity Capital, Effective Rate 3.033%
Roosevelt & Cross, Effective Rate 3.417%
Bank of Greene Co, Effective Rate 3.97%
Syosset Central School District
Jul 23, 2025 $30,000,000
Tax Anticipation Notes, 2025.
Dated Aug 6, 2025.
Due Jun 25, 2026.
Purchased $30,000,000.00 by BofA Securities, at 4.0%, plus $321,900.00, effective rate 2.7891%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
JPMorgan, Effective Rate 2.7891%
TD Securities, Effective Rate 2.7992%
Truist Secs, Inc., Effective Rate 2.8083%
Jefferies, Effective Rate 2.8433%
BNY Mellon Cap Mkts, Effective Rate 2.885%
Oppenheimer, Effective Rate 2.9411%
Vestal Fire District
Jul 23, 2025 $946,081
General Obligations Fire District (Serial) Bonds, 2025.
Dated Aug 7, 2025.
Due Aug 1, 2026 to 2037.
Callable Aug 1, 2033 at par.
Winning bid: Bank of Greene Co, at n/a, NIC 4.15%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 4.617%
Baird, NIC 4.7495%
Vestal Fire District
Jul 23, 2025 $11,311,500
General Obligations Bond Anticipation Notes, 2025.
Dated Aug 7, 2025.
Due Aug 7, 2026.
Purchased $11,311,500.00 by TD Securities, at 4.0%, plus $90,605.12, effective rate 3.199%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 3.28%
Oppenheimer, Effective Rate 3.4803%
Wappingers Central School District
Jul 23, 2025 $27,673,587
Bond Anticipation Notes, 2025.
Dated Aug 7, 2025.
Due Aug 7, 2026.
Purchased $27,673,587.00 by TD Securities, at 3.5%, plus $215,023.77, effective rate 2.723%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Jefferies, Effective Rate 2.763%
Piper Sandler, Effective Rate 2.78%
Oppenheimer, Effective Rate 2.7842%
BNY Mellon Cap Mkts, Effective Rate 2.8946%
Whitney Point Central School District
Jul 23, 2025 $2,308,547
General Obligations Bond Anticipation Notes, 2025 (bank qualified).
Dated Aug 7, 2025.
Due Aug 7, 2026.
Purchased $2,308,547.00 by Oppenheimer, at 4.0%, plus $13,357.00, effective rate 3.4214%.
L.O.: Harris Beach PLLC, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 3.526%
NBT Bank, Effective Rate 3.74%
Bank of Greene Co, Effective Rate 3.97%
Wyoming Central School District
Jul 23, 2025 $3,350,000
General Obligation Bond Anticipation Notes, 2025 (bank qualified).
Dated Aug 7, 2025.
Due Aug 7, 2026.
Purchased $3,350,000.00 by BNY Mellon Cap Mkts, at 3.5%, plus $5,573.40, effective rate 3.3336%.
L.O.: Harris Beach PLLC, Pittsford, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.97%
TENNESSEE
Smith County
Jul 23, 2025 $14,840,000
General Obligation Bonds, Series 2025 (book entry).
Dated Aug 15, 2025.
Due Jun 1, 2026 to 2045.
Callable Jun 1, 2031 at par.
Winning bid: Raymond James, at 102.0778, TIC 4.3637%.
Other managers: Morgan Stanley & Co., Inc., Fidelity Capital Markets, Ramirez & Co., Inc., SumRidge Partners, LLC, SAMCO Capital Markets, Advisors Asset Management Inc, American Veterans Group.
L.O.: Bass, Berry & Sims PLC, Knoxville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Baird, TIC 4.3726%
UBS Financial Svcs, TIC 4.4149%
Hilltop Securities, TIC 4.4254%
FHN Fin Cap Mkts, TIC 4.4565%
Crews & Associates, TIC 4.468%
Huntington Secs, TIC 4.48%
KeyBanc Cap Mkts, TIC 4.505%
Mesirow Financial, TIC 4.5126%
TEXAS
Audubon Municipal Utility District No. 1
Jul 23, 2025 $15,000,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2027 to 2054.
Callable Sep 1, 2030 at par.
Winning bid: Baird, at 97.0000, NIC 5.0721%.
Other managers: CL King & Associates, Davenport & Company LLC, Northland Securities, Inc., Oppenheimer & Co., Inc., Midland Securities Ltd, Celadon Financial Group, LLC, First Southern LLC, Multi-Bank Securities Inc., Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 5.0878%
Hilltop Securities, NIC 5.1826%
Raymond James, NIC 5.2156%
Bay City (City)
Jul 22, 2025 $4,995,000
Tax and Revenue Certificates of Obligation, Series 2025 (bank qualified) (book entry).
Dated Aug 1, 2025.
Due Sep 1, 2026 to 2055.
Callable Sep 1, 2034 at par.
Winning bid: Baker Group, at 102.9121, TIC 4.7892%.
L.O.: Bracewell LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
Raymond James, TIC 4.8559%
BOK Fin Secs, TIC 4.8666%
Baird, TIC 4.8878%
Brazos Independent School District
Jul 23, 2025 $14,315,000
Unlimited Tax School Building Bonds, Series 2025 (The Permanent School Fund Guarantee Program) (book entry).
Dated Aug 1, 2025.
Due Aug 15, 2026 to Feb 15, 2040.
Callable Aug 15, 2034 at par.
Winning bid: Fidelity Capital, at n/a, TIC 4.0672%.
Other managers: Raymond James & Associates, Inc., Ramirez & Co., Inc., SumRidge Partners, LLC, Zeus Financial, LLC, FHN Financial Capital Markets, SAMCO Capital Markets.
L.O.: Cantu Harden Montoya LLP, San Antonio, TX; Walsh Gallegos Kyle Robinson & Roalson P.C.,, San Antonio, TX; and State Attorney General.
F.A.: Frost Bank, San Antonio, TX.
Other bidders were:
Hilltop Securities, TIC 4.0929%
Baird, TIC 4.0938%
Janney Montgomery, TIC 4.1636%
Grand Saline Independent School District
Jul 22, 2025 $29,195,000
Unlimited Tax School Building Bonds Series 2025 (Permanent School Fund Guarantee Program) (book entry).
Dated Aug 1, 2025.
Due Feb 15, 2029 to 2055.
Callable Aug 15, 2035 at par.
Winning bid: Hilltop Securities, at n/a, TIC 4.7756%.
L.O.: McCall Parkhurst & Horton, San Antonio, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, Plano, TX.
Other bidders were:
Janney Montgomery, TIC 4.8225%
Piper Sandler, TIC 4.8324%
KeyBanc Cap Mkts, TIC 4.842%
Truist Secs, Inc., TIC 4.8462%
Baird, TIC 4.8501%
Wells Fargo Corp, TIC 4.851%
Huntington Secs, TIC 4.8986%
BOK Fin Secs, TIC 4.9062%
Raymond James, TIC 4.9149%
Harris County Municipal Utility District No. 451
Jul 23, 2025 $13,150,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Aug 1, 2025.
Due Sep 1, 2027 to 2049.
Callable Sep 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.0000, NIC 4.9677%.
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; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Baird, NIC 4.9819%
RBC Capital Mkts, NIC 4.9991%
Crews & Associates, NIC 5.0089%
Hilltop Securities, NIC 5.0186%
Raymond James, NIC 5.0215%
Hurst (City)
Jul 22, 2025 $4,570,000
Tax and Waterworks and Sewer System (Limited Pledge) Revenue Certificates of Obligation, Series 2025 (bank qualified) (book entry).
Dated Jul 15, 2025.
Due Aug 15, 2026 to 2045.
Callable Aug 15, 2034 at par.
Winning bid: Raymond James, at 102.2784, TIC 4.1164%.
L.O.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Fort Worth, TX.
Other bidders were:
BOK Fin Secs, TIC 4.1592%
Baker Group, TIC 4.1725%
Baird, TIC 4.3824%
Bancroft Capital, TIC 4.4611%
Whitehouse (City)
Jul 22, 2025 $14,900,000
Combination Tax and Revenue Certificates of Obligation, Series 2025 (book entry).
Dated Jul 15, 2025.
Due Feb 15, 2029 to 2045.
Callable Feb 15, 2035 at par.
Winning bid: BOK Fin Secs, at 101.5050, TIC 4.5789%.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX; and Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Fidelity Capital, TIC 4.586%
Baird, TIC 4.6059%
Hilltop Securities, TIC 4.6472%
WISCONSIN
Plymouth (City)
Jul 23, 2025 $6,900,000
General Obligation Promissory Notes, Series 2025A (bank qualified) (book entry).
Dated Aug 13, 2025.
Due May 1, 2026 to 2045.
Callable May 1, 2034 at par.
Winning bid: BOK Fin Secs, at 103.8279, TIC 3.8788%.
L.O.: Griggs Law Office LLC, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
Baird, TIC 3.8942%
Raymond James, TIC 3.909%
Northland Securities, TIC 3.9324%
FHN Fin Cap Mkts, TIC 3.9687%
TD Securities, TIC 4.0492%
Huntington Secs, TIC 4.3154%
TAXABLE ISSUES
OKLAHOMA
Pottawatomie County Elementary School District No. 27 (Grove)
Jul 23, 2025 $950,000
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 4.6185%.
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:
Baker Group, NIC 4.7203%
Country Club Bank, NIC 4.7885%
Exchange Bank, NIC 4.925%
WISCONSIN
Elm Grove Village
Jul 23, 2025 $8,545,000
Taxable General Obligation Promissory Notes, Series 2025B (book entry).
Dated Aug 13, 2025.
Due Mar 1, 2027 to 2040.
Callable Mar 1, 2034 at par.
Winning bid: Piper Sandler, at 100.6972, TIC 4.8019%.
L.O.: Griggs Law Office LLC, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
Baird, TIC 4.8756%