ARKANSAS
Maynard School District No. 15 of Randolph County
Aug 20, 2025 $1,265,000
Construction Bonds (Arkansas School District Intercept Program) (bank qualified) (book entry).
Dated Sep 26, 2025.
Due Feb 1, 2026 to 2047.
Callable Aug 1, 2030 at par.
Winning bid: Raymond James, at 98.8857, TIC 4.1338%.
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: Stephens Inc., Little Rock, AR.
Other bidders were:
FHN Fin Cap Mkts, TIC 4.2485%
Carty, Harding, TIC 4.2699%
Baird, TIC 4.4315%
Stifel Nicolaus, TIC 4.5037%
CALIFORNIA
Lowell Joint School District
Aug 19, 2025 $35,000,000
General Obligation Bonds, Election of 2024, Series 2025 (book entry).
Dated Sep 4, 2025.
Due Aug 1, 2026 to 2055.
Callable Aug 1, 2035 at par.
Winning bid: UBS Financial Svcs, at 102.5168, TIC 4.746%.
L.O.: Orrick, Herrington & Sutcliffe, Irvine, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
Other bidders were:
KeyBanc Cap Mkts, TIC 4.8007%
Jefferies, TIC 4.8008%
Janney Montgomery, TIC 4.8015%
RBC Capital Mkts, TIC 4.8059%
Morgan Stanley, TIC 4.8065%
Baird, TIC 4.8129%
Raymond James, TIC 4.8152%
Wells Fargo Corp, TIC 4.8277%
Mesirow Financial, TIC 4.8293%
Hilltop Securities, TIC 4.8349%
San Gabriel Unified School District
Aug 20, 2025 $28,000,000
Election of 2024 General Obligation Bonds, Series A (book entry).
Dated Sep 10, 2025.
Due Aug 1, 2026 to 2055.
Callable Aug 1, 2035 at par.
Winning bid: Morgan Stanley, at 102.5134, TIC 4.6428%.
Other managers: Ramirez & Co., Inc., R. Seelaus & Co., Inc., American Veterans Group, Cabrera Capital Markets, LLC.
L.O.: Jones Hall LLP, San Mateo, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
Other bidders were:
Baird, TIC 4.6692%
Mesirow Financial, TIC 4.6808%
RBC Capital Mkts, TIC 4.6828%
Janney Montgomery, TIC 4.7024%
Hilltop Securities, TIC 4.7075%
KeyBanc Cap Mkts, TIC 4.7079%
FHN Fin Cap Mkts, TIC 4.7628%
GEORGIA
Aug 19, 2025 $30,000,000
General Obligation Bonds, Series 2025 (book entry).
Dated Sep 4, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2035 at par.
Winning bid: FHN Fin Cap Mkts, at 104.8720, TIC 4.0112%.
L.O.: Murray Barnes Finister LLP, Atlanta, GA.
F.A.: Davenport & Company LLC, Atlanta, GA.
Other bidders were:
Jefferies, TIC 4.0123%
Piper Sandler, TIC 4.0145%
JPMorgan, TIC 4.0162%
Hilltop Securities, TIC 4.0165%
RBC Capital Mkts, TIC 4.0221%
Fidelity Capital, TIC 4.0232%
UBS Financial Svcs, TIC 4.0251%
Wells Fargo Corp, TIC 4.029%
Baird, TIC 4.0432%
KeyBanc Cap Mkts, TIC 4.054%
UMB Bank, TIC 4.068%
StoneX Fin Inc., TIC 4.0683%
Janney Montgomery, TIC 4.0691%
Mesirow Financial, TIC 4.0707%
ILLINOIS
Elwood Fire Protection District
Aug 20, 2025 $3,033,000
General Obligation Bonds (Alternate Revenue Source), Series 2025 (bank qualified).
Dated Sep 9, 2025.
Due Dec 15, 2026 to 2032.
Callable Dec 15, 2026 at par.
Winning bid: BMO Harris Bank, at n/a, NIC 3.802%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Webster Bank, NIC 3.82%
JPMorgan Chase, NIC 3.941%
Huntington Pub Cap, NIC 4.221%
Peoples Natl Bk, NIC 4.23%
MASSACHUSETTS
Wellfleet (Town)
Aug 20, 2025 $2,955,000
General Obligation Municipal Purpose Loan of 2025 Bonds (bank qualified) (book entry).
Dated Sep 3, 2025.
Due Sep 1, 2026 to 2045.
Callable Sep 1, 2033 at par.
Winning bid: Fidelity Capital, at 105.5714, TIC 3.4834%.
Other managers: Raymond James & Associates, Inc..
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:
Roosevelt & Cross, TIC 3.5557%
Piper Sandler, TIC 3.5733%
Baird, TIC 3.5829%
Brownstone Inv Grp, TIC 3.6172%
Bancroft Capital, TIC 3.7099%
MICHIGAN
Anchor Bay School District
Aug 20, 2025 $10,590,000
2025 Energy Conservation Improvement Bonds (General Obligation - Limited Tax) (book entry).
Dated Sep 4, 2025.
Due May 1, 2026 to 2045.
Callable May 1, 2035 at par.
Winning bid: TD Securities, at 102.5551, TIC 4.267%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Baker Tilly Municipal Advisors, LLC, Southfield, MI; and Baker Tilly Municipal Advisors, LLC, East Lansing, MI.
Other bidders were:
Fidelity Capital, TIC 4.3083%
Baird, TIC 4.3391%
Hilltop Securities, TIC 4.4653%
KeyBanc Cap Mkts, TIC 4.5834%
MINNESOTA
Marshall (City)
Aug 20, 2025 $18,950,000
Public Utility Revenue Bonds, Series 2025C (book entry).
Dated Sep 18, 2025.
Due Jul 1, 2026 to 2040.
Callable Jul 1, 2035 at par.
Winning bid: Piper Sandler, at 107.4585, TIC 3.8183%.
L.O.: Kutak Rock, Minneapolis, MN.
F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN.
Other bidders were:
Jefferies, TIC 3.8688%
KeyBanc Cap Mkts, TIC 3.8773%
Raymond James, TIC 3.9213%
Baird, TIC 3.9393%
Mesirow Financial, TIC 3.9931%
Hilltop Securities, TIC 4.083%
Minneapolis (City)
Aug 20, 2025 $134,185,000
General Obligation Bonds, Series 2025 (book entry).
Dated Sep 10, 2025.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2034 at par.
Winning bid: JPMorgan, at 106.3921, TIC 3.8113%.
In association with: Academy Securities Inc..
In association with: Rice Financial Products Company, Stern Brothers & Co..
L.O.: Kutak Rock, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Jefferies, TIC 3.8199%
Wells Fargo Corp, TIC 3.8272%
BofA Securities, TIC 3.8417%
Piper Sandler, TIC 3.8442%
Morgan Stanley, TIC 3.8445%
Baird, TIC 3.8681%
MISSOURI
Pleasant Hill (City)
Aug 20, 2025 $3,145,000
Combined Waterworks and Sewerage System Revenue Bonds, Series 2025 (bank qualified) (book entry).
Dated Aug 28, 2025.
Due Dec 1, 2027 to 2055.
Callable Dec 1, 2030 at par.
Winning bid: Baird, at 98.0161, TIC 4.9601%.
Other managers: Edward Jones, CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Northland Securities, Inc., Valdes & Moreno, Inc., Isaak Bond Investments, Inc., Cadz Securities Inc,, Celadon Financial Group, LLC, The Baker Group, A.G.P./Alliance Global Partners, Carty, Harding, & Hearn, Inc., Central States Capital Markets, LLC, FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Blaylock Van, LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Gilmore & Bell, P.C., Kansas City, MO.
F.A.: McLiney and Company a division of SAMCO Capital Markets, Mission, KS.
NEW YORK
Churchville Village
Aug 20, 2025 $420,000
(Serial) Bonds, 2025 (bank qualified).
Dated Sep 3, 2025.
Due Sep 1, 2026 to 2035.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.9237%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Bank of Greene Co, NIC 4.2121%
Deposit Central School District
Aug 20, 2025 $836,260
Bond Anticipation Notes, 2025 (bank qualified).
Dated Sep 4, 2025.
Due Sep 4, 2026.
Purchased $836,260.00 by NBT Bank, at 3.55%, effective rate 3.55%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.59%
Oppenheimer, Effective Rate 3.6179%
Garden City Union Free School District
Aug 20, 2025 $16,595,000
School District Serial Bonds - 2025 (book entry).
Dated Sep 3, 2025.
Due Sep 1, 2026 to 2041.
Callable Sep 1, 2033 at par.
Winning bid: Raymond James, at 106.4919, TIC 3.4394%.
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.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY; and Capital Markets Advisors, LLC, New York, NY.
Other bidders were:
Mesirow Financial, TIC 3.4698%
Janney Montgomery, TIC 3.48%
TD Securities, TIC 3.4817%
SWBC Investment Svcs, TIC 3.483%
Roosevelt & Cross, TIC 3.485%
Hilltop Securities, TIC 3.4908%
Baird, TIC 3.4983%
RBC Capital Mkts, TIC 3.4988%
Brownstone Inv Grp, TIC 3.5006%
Huntington Secs, TIC 3.5159%
StoneX Fin Inc., TIC 3.5178%
Loop Capital, TIC 3.546%
Miller Place Union Free School District
Aug 20, 2025 $13,000,000
Tax Anticipation Notes For 2025-2026 Taxes.
Dated Sep 4, 2025.
Due Jun 24, 2026.
Purchased $13,000,000.00 by Piper Sandler, at 3.75%, plus $108,550.00, effective rate 2.7134%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 2.7482%
Oppenheimer, Effective Rate 2.884%
Fidelity Capital, Effective Rate 2.9337%
BNY Mellon Cap Mkts, Effective Rate 2.9649%
Putnam Valley (Town)
Aug 20, 2025 $6,950,000
Bond Anticipation Notes, 2025B (bank qualified).
Dated Sep 4, 2025.
Due Sep 4, 2026.
Purchased $6,950,000.00 by Jefferies, at 3.75%, plus $69,917.00, effective rate 2.744%.
L.O.: Harris Beach PLLC, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Piper Sandler, Effective Rate 2.809%
Oppenheimer, Effective Rate 2.9057%
BNY Mellon Cap Mkts, Effective Rate 2.9799%
Riverhead Central School District
Aug 20, 2025 $930,000
Bond Anticipation Notes - 2025.
Dated Sep 4, 2025.
Due Sep 4, 2026.
Purchased $930,000.00 by Oppenheimer, at 4.0%, plus $7,006.00, effective rate 3.2467%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 3.2981%
Piper Sandler, Effective Rate 3.43%
Bank of Greene Co, Effective Rate 4.2%
Riverhead Central School District
Aug 20, 2025 $10,000,000
Tax Anticipation Notes For 2025 - 2026 Taxes Series A.
Dated Sep 4, 2025.
Due Feb 10, 2026.
Purchased $10,000,000.00 by Piper Sandler, at 3.5%, plus $28,900.00, effective rate 2.8331%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 2.9077%
BNY Mellon Cap Mkts, Effective Rate 3.09%
Fidelity Capital, Effective Rate 3.2662%
Oppenheimer, Effective Rate 3.3608%
Riverhead Central School District
Aug 20, 2025 $18,000,000
Tax Anticipation Notes For 2025 - 2026 Taxes Series B.
Dated Sep 4, 2025.
Due Jun 25, 2026.
Purchased $18,000,000.00 by Jefferies, at 3.75%, plus $146,340.00, effective rate 2.7442%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Oppenheimer, Effective Rate 2.8829%
BNY Mellon Cap Mkts, Effective Rate 2.98%
Selkirk Fire District in the Town of Bethlehem
Aug 20, 2025 $13,000,000
General Obligation Bond Anticipation Notes, 2025.
Dated Sep 4, 2025.
Due Aug 28, 2026.
Purchased $13,000,000.00 by Oppenheimer, at 4.25%, plus $64,978.00, effective rate 3.7417%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Sherman Central School District
Aug 20, 2025 $830,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Sep 4, 2025.
Due Sep 4, 2026.
Purchased $830,000.00 by Roosevelt & Cross, at 3.5%, plus $1,104.00, effective rate 3.367%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.59%
Oppenheimer, Effective Rate 3.6801%
Springville Village
Aug 20, 2025 $676,964
Bond Anticipation Notes, 2025 (bank qualified).
Dated Sep 10, 2025.
Due Sep 9, 2026.
Purchased $676,964.00 by Roosevelt & Cross, at 3.5%, plus $954.00, effective rate 3.3586%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.4628%
NBT Bank, Effective Rate 3.5%
Bank of Greene Co, Effective Rate 3.59%
OHIO
Brecksville (City)
Aug 20, 2025 $5,685,000
General Obligation (Limited Tax) Road Improvement Bonds, Series 2025 (bank qualified) (book entry).
Dated Sep 17, 2025.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2033 at par.
Winning bid: Baird, at 104.2294, TIC 3.8644%.
Other managers: CL King & Associates, Edward Jones, Colliers Securities LLC, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Northland Securities, Inc., Bernardi Securities, Inc., A.G.P./Alliance Global Partners, Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, The Baker Group, Middlegate Securities, Celadon Financial Group, LLC, FMSbonds, Inc., First Kentucky Securities Corp., Isaak Bond Investments, Inc., Oppenheimer & Co., Inc., Midland Securities Ltd, First Southern LLC, United Banker's Bank, Blaylock Van, LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc., Valdes & Moreno, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.
F.A.: MAS Financial Advisory Services, Strongsville, OH.
Other bidders were:
FHN Fin Cap Mkts, TIC 3.865%
BOK Fin Secs, TIC 3.8684%
Piper Sandler, TIC 3.8749%
Raymond James, TIC 4.0052%
Brownstone Inv Grp, TIC 4.1262%
Worthington (City)
Aug 20, 2025 $11,400,000
Pool Facilities Bonds, Series 2025 (General Obligation - Unlimited Tax) (book entry).
Dated Sep 10, 2025.
Due Dec 1, 2026 to 2045.
Callable Jun 1, 2035 at par.
Winning bid: FHN Fin Cap Mkts, at 105.4432, TIC 4.0104%.
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.: Bricker Graydon LLP, Columbus, OH.
F.A.: Baker Tilly Municipal Advisors, LLC, Columbus, OH.
Other bidders were:
Baird, TIC 4.0342%
Piper Sandler, TIC 4.0356%
Hilltop Securities, TIC 4.0369%
TD Securities, TIC 4.0445%
StoneX Fin Inc., TIC 4.0642%
Huntington Secs, TIC 4.0801%
Baker Group, TIC 4.0957%
KeyBanc Cap Mkts, TIC 4.1043%
Brownstone Inv Grp, TIC 4.1044%
Janney Montgomery, TIC 4.1219%
UMB Bank, TIC 4.1426%
SOUTH CAROLINA
Richland County School District No. 2
Aug 20, 2025 $30,000,000
General Obligation Bonds, Series 2025 (South Carolina School District Credit Enhancement Program) (book entry).
Dated Sep 10, 2025.
Due Mar 1, 2026 to 2029.
Non-callable.
Winning bid: Morgan Stanley, at 105.2265, TIC 2.3546%.
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, Ramirez & Co., Inc., Advisors Asset Management Inc, American Veterans Group, R. Seelaus & Co., Inc., SumRidge Partners, LLC, Siebert Williams Shank & Co., L.L.C.
L.O.: Burr & Forman, Columbia, SC.
F.A.: Compass Municipal Advisors, Columbia, SC.
Other bidders were:
JPMorgan, TIC 2.3554%
UMB Bank, TIC 2.3763%
Hilltop Securities, TIC 2.3941%
Jefferies, TIC 2.3991%
KeyBanc Cap Mkts, TIC 2.4015%
Truist Secs, Inc., TIC 2.4075%
Wells Fargo Corp, TIC 2.4267%
FHN Fin Cap Mkts, TIC 2.4326%
Baird, TIC 2.4552%
Mesirow Financial, TIC 2.4617%
Piper Sandler, TIC 2.4684%
TEXAS
East Montgomery County Municipal Utility District No. 14
Aug 20, 2025 $4,000,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2027 to 2050.
Callable Sep 1, 2031 at par.
Winning bid: Raymond James, at 98.0559, NIC 4.9893%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Tierra Financial Advisors, LLC, Arlington, TX; and Tierra Financial Advisors, LLC, Richmond, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 5.007%
Baird, NIC 5.015%
Hilltop Securities, NIC 5.05%
Fort Bend County Municipal Utility District No. 147
Aug 20, 2025 $540,000
Unlimited Tax Park Bonds, Series 2025A (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2026 to 2045.
Callable Sep 1, 2031 at par.
Winning bid: Baird, at 97.0166, NIC 4.9029%.
Other managers: CL King & Associates, Midland Securities Ltd, Multi-Bank Securities Inc., Bernardi Securities, Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Northland Securities, Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Fort Bend County Municipal Utility District No. 147
Aug 20, 2025 $3,000,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2026 to 2049.
Callable Sep 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.0000, NIC 4.8404%.
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.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Baird, NIC 4.8425%
Raymond James, NIC 4.8502%
Crews & Associates, NIC 4.8816%
Hilltop Securities, NIC 4.8889%
Fort Bend County Municipal Utility District No. 232
Aug 20, 2025 $5,400,000
Unlimited Tax Utility Bonds, Series 2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2027 to 2050.
Callable Sep 1, 2031 at par.
Winning bid: Baird, at 98.0000, NIC 4.9641%.
Other managers: CL King & Associates, Midland Securities Ltd, SouthState | DuncanWilliams Securities Corp., Multi-Bank Securities Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Northland Securities, Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: Coats, Rose, Yale, Ryman & Lee, P.C, Houston, TX; and State Attorney General.
F.A.: Tierra Financial Advisors, LLC, Arlington, TX; and Tierra Financial Advisors, LLC, Richmond, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.9732%
Raymond James, NIC 5.0184%
Hilltop Securities, NIC 5.0322%
Harris County Municipal Utility District No. 167
Aug 20, 2025 $3,620,000
Unlimited Tax Bonds, Series
2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Mar 1, 2026 to 2039.
Callable Mar 1, 2031 at par.
Winning bid: Raymond James, at 99.3776, NIC 3.9978%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.0548%
Baker Group, NIC 4.0693%
Hilltop Securities, NIC 4.0798%
Baird, NIC 4.1024%
Crews & Associates, NIC 4.1685%
Prosper (Town)
Aug 19, 2025 $33,095,000
Waterworks and Sewer System Revenue Bonds, Series 2025 (book entry).
Dated Aug 15, 2025.
Due Aug 15, 2027 to 2045.
Callable Aug 15, 2034 at par.
Winning bid: KeyBanc Cap Mkts, at 105.1072, TIC 4.3341%.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Janney Montgomery, TIC 4.3367%
JPMorgan, TIC 4.3409%
Jefferies, TIC 4.351%
Baird, TIC 4.3523%
BOK Fin Secs, TIC 4.3524%
Mesirow Financial, TIC 4.3594%
Wells Fargo Corp, TIC 4.36%
FHN Fin Cap Mkts, TIC 4.3715%
Piper Sandler, TIC 4.3858%
Fidelity Capital, TIC 4.3896%
PNC Capital Markets, TIC 4.4162%
Waller County
Aug 20, 2025 $9,460,000
Tax Notes, Series 2025 (book entry).
Dated Sep 1, 2025.
Due Feb 15, 2026 to 2032.
Non-callable.
Winning bid: Baird, at 107.1031, TIC 2.8707%.
Other managers: CL King & Associates, Edward Jones, Davenport & Company LLC, Oppenheimer & Co., Inc., Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., Northland Securities, Inc., BOK Financial Securities, Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Midland Securities Ltd, First Kentucky Securities Corp., 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.: Bickerstaff Heath Delgado Acosta LLP, Austin, TX; and State Attorney General.
F.A.: USCA Municipal Advisors, LLC, Houston, TX; and USCA Municipal Advisors, LLC, Austin, TX.
Other bidders were:
Fidelity Capital, TIC 2.9736%
Baker Group, TIC 2.9749%
Mesirow Financial, TIC 2.9915%
Hilltop Securities, TIC 3.0185%
WISCONSIN
Bayside Village
Aug 20, 2025 $3,055,000
General Obligation Promissory Notes, Series 2025A (bank qualified) (book entry).
Dated Sep 10, 2025.
Due Mar 1, 2026 to 2036.
Callable Mar 1, 2032 at par.
Winning bid: Baird, at 105.3183, TIC 3.4321%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., Country Club Bank, Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, Cadz Securities Inc,, A.G.P./Alliance Global Partners, Middlegate Securities, UMB Bank, N.A., Midland Securities Ltd, FMSbonds, Inc., StoneX Financial Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Blaylock Van, LLC, Mountainside Securities LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
BOK Fin Secs, TIC 3.4376%
Raymond James, TIC 3.4764%
Hilltop Securities, TIC 3.4917%
Northland Securities, TIC 3.4967%
Brownstone Inv Grp, TIC 3.4994%
Bernardi Securities, TIC 3.5238%
Kenosha County
Aug 19, 2025 $21,185,000
General Obligation Promissory Notes, Series 2025A (book entry).
Dated Sep 4, 2025.
Due Sep 1, 2026 to 2035.
Callable Sep 1, 2032 at par.
Winning bid: Loop Capital, at 106.7161, TIC 3.1598%.
L.O.: Foley & Lardner, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
Piper Sandler, TIC 3.1602%
Jefferies, TIC 3.1696%
TD Securities, TIC 3.1893%
Mesirow Financial, TIC 3.2156%
Baird, TIC 3.217%
Madison (City)
Aug 19, 2025 $129,995,000
General Obligation Promissory Notes, Series 2025-D (book entry).
Dated Sep 10, 2025.
Due Oct 1, 2026 to 2044.
Callable Oct 1, 2034 at par.
Winning bid: Wells Fargo Corp, at 109.5965, TIC 3.205%.
L.O.: Kutak Rock, Minneapolis, MN; and MWH Law Group LLP, Milwaukee, WI.
F.A.: Baker Tilly Municipal Advisors, LLC, Madison, WI; and Baker Tilly Municipal Advisors, LLC, St. Paul, MN.
Other bidders were:
JPMorgan, TIC 3.2145%
Jefferies, TIC 3.2199%
Morgan Stanley, TIC 3.2239%
Truist Secs, Inc., TIC 3.2255%
Hilltop Securities, TIC 3.264%
BofA Securities, TIC 3.2667%
Baird, TIC 3.2784%
TAXABLE ISSUES
MICHIGAN
Leland Township
Aug 19, 2025 $880,000
2025 Special Assessment Bonds (Limited Tax General Obligation) (Taxable) (book entry).
Dated Sep 9, 2025.
Due Apr 1, 2026 to 2045.
Callable Apr 1, 2034 at par.
Winning bid: Bernardi Securities, at 99.6721, TIC 5.4856%.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Grosse Pointe, MI.
WISCONSIN
Madison (City)
Aug 19, 2025 $6,765,000
Taxable General Obligation Promissory Notes, Series 2025-E (book entry).
Dated Sep 10, 2025.
Due Oct 1, 2026 to 2035.
Non-callable.
Winning bid: Piper Sandler, at 101.4582, TIC 4.3726%.
L.O.: Kutak Rock, Minneapolis, MN; and MWH Law Group LLP, Milwaukee, WI.
F.A.: Baker Tilly Municipal Advisors, LLC, Madison, WI; and Baker Tilly Municipal Advisors, LLC, St. Paul, MN.
Other bidders were:
Hilltop Securities, TIC 4.3745%
FHN Fin Cap Mkts, TIC 4.3813%
Northland Securities, TIC 4.4201%
Bankers' Bank, TIC 4.4275%
Baird, TIC 4.4372%
BOK Fin Secs, TIC 4.4703%
Fifth Third Secs, TIC 4.6002%
Wells Fargo Corp, TIC 4.6269%