ILLINOIS
Illinois
Aug 26, 2025 $355,000,000
General Obligation Bonds, Series September of 2025D (book entry).
Dated Sep 11, 2025.
Due Sep 1, 2036 to 2040.
Callable Sep 1, 2034 at par.
Winning bid: BofA Securities, at 104.6184, TIC 4.5244%.
L.O.: Chapman and Cutler LLP, Chicago, IL; and Hardwick Law Firm, Chicago, IL.
F.A.: Frasca & Associates, L.L.C., New York, NY.
Other bidders were:
Morgan Stanley, TIC 4.5618%
Jefferies, TIC 4.5646%
Goldman Sachs, TIC 4.5747%
RBC Capital Mkts, TIC 4.576%
Barclays Capital, TIC 4.5772%
JPMorgan, TIC 4.581%
Huntington Secs, TIC 4.5999%
Illinois
Aug 26, 2025 $355,000,000
General Obligation Bonds, Series of September 2025E (book entry).
Dated Sep 11, 2025.
Due Sep 1, 2041 to 2045.
Callable Sep 1, 2034 at par.
Winning bid: JPMorgan, at 99.6736, TIC 5.028%.
L.O.: Chapman and Cutler LLP, Chicago, IL; and Hardwick Law Firm, Chicago, IL.
F.A.: Frasca & Associates, L.L.C., New York, NY.
Other bidders were:
BofA Securities, TIC 5.0406%
Morgan Stanley, TIC 5.0418%
Jefferies, TIC 5.0596%
RBC Capital Mkts, TIC 5.1141%
Barclays Capital, TIC 5.1314%
Goldman Sachs, TIC 5.1334%
Illinois
Aug 26, 2025 $355,000,000
General Obligation Bonds, Series of September 2025F (book entry).
Dated Sep 11, 2025.
Due Sep 1, 2046 to 2050.
Callable Sep 1, 2034 at par.
Winning bid: JPMorgan, at 100.4996, TIC 5.2125%.
L.O.: Chapman and Cutler LLP, Chicago, IL; and Hardwick Law Firm, Chicago, IL.
F.A.: Frasca & Associates, L.L.C., New York, NY.
Other bidders were:
BofA Securities, TIC 5.2628%
RBC Capital Mkts, TIC 5.2885%
Barclays Capital, TIC 5.3379%
Jefferies, TIC 5.3432%
Morgan Stanley, TIC 5.3646%
Goldman Sachs, TIC 5.4001%
IOWA
Sheldon Community School District
Aug 27, 2025 $9,160,000
General Obligation School Bonds, Series 2025 (book entry).
Dated Sep 24, 2025.
Due Jun 1, 2027 to 2040.
Callable Jun 1, 2031 at par.
Winning bid: Baird, at 102.9916, TIC 3.8343%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Crews & Associates, Inc., Northland Securities, Inc., Oppenheimer & Co., Inc., Cadz Securities Inc,, BOK Financial Securities, Bernardi Securities, Inc., Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd, First Southern LLC, Blaylock Van, LLC, Multi-Bank Securities Inc., Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., A.G.P./Alliance Global Partners, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: Piper Sandler & Co, Des Moines, IA.
Other bidders were:
TD Securities, TIC 3.9705%
KANSAS
Rose Hill (City)
Aug 27, 2025 $650,000
General Obligation Temporary Notes, Series 2025-1 (bank qualified) (book entry).
Dated Sep 24, 2025.
Due Oct 1, 2028.
Callable Oct 1, 2026 at par.
Winning bid: Northland Securities, at 98.0000, TIC 3.9085%.
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Ranson Financial Group LLC, Wichita, KS.
Other bidders were:
Oppenheimer, TIC 4.0709%
Baird, TIC 4.3927%
Rose Hill (City)
Aug 27, 2025 $1,300,000
General Obligation Bonds, Series 2025 - A (bank qualified) (book entry).
Dated Sep 24, 2025.
Due Oct 1, 2027 to 2046.
Callable Oct 1, 2032 at par.
Winning bid: Baird, at 98.7456, TIC 4.3621%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Central States Capital Markets, LLC, Commerce Bank, Cadz Securities Inc,, Carty, Harding, & Hearn, Inc., A.G.P./Alliance Global Partners, Celadon Financial Group, LLC, Isaak Bond Investments, Inc., FMSbonds, Inc., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, Valdes & Moreno, Inc., StoneX Financial Inc., Caldwell Sutter Capital, Inc., UMB Bank, N.A..
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Ranson Financial Group LLC, Wichita, KS.
Other bidders were:
Northland Securities, TIC 4.5117%
Bernardi Securities, TIC 4.574%
MASSACHUSETTS
Hadley (Town)
Aug 27, 2025 $2,825,000
General Obligation Municipal Purpose Loan Of 2025 Bonds (bank qualified) (book entry).
Dated Sep 10, 2025.
Due Feb 15, 2027 to 2043.
Callable Feb 15, 2034 at par.
Winning bid: SWBC Investment Svcs, at 106.4354, TIC 3.449%.
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:
Fidelity Capital, TIC 3.48%
Roosevelt & Cross, TIC 3.51%
Brownstone Inv Grp, TIC 3.5286%
Baird, TIC 3.5634%
TD Securities, TIC 3.5655%
Huntington Secs, TIC 3.5666%
Loop Capital, TIC 3.5927%
StoneX Fin Inc., TIC 3.5967%
Bancroft Capital, TIC 3.6007%
Westminster (Town)
Aug 27, 2025 $413,600
Bond Anticipation Notes (bank qualified).
Dated Sep 16, 2025.
Due Sep 16, 2026.
Purchased $413,600.00 by Oppenheimer, at 4.0%, plus $245.00, effective rate 3.9408%.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
M & T Bank, Effective Rate 4.14%
Greenfield Co-Op Bk, Effective Rate 4.15%
UniBank Fiscal Adv, Effective Rate 4.2%
MICHIGAN
East Lansing (City)
Aug 27, 2025 $4,245,000
General Obligation Limited Tax Bonds, Series 2025 (book entry).
Dated Sep 17, 2025.
Due Oct 1, 2026 to 2045.
Callable Oct 1, 2035 at par.
Winning bid: FHN Fin Cap Mkts, at 105.2964, TIC 4.1668%.
Other managers: Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., Fidelity Capital Markets, Ramirez & Co., Inc., Advisors Asset Management Inc, SumRidge Partners, LLC, Intercoastal Capital Markets, Inc., Zeus Financial, LLC.
L.O.: Dickinson Wright PLLC, Grand Rapids, MI.
F.A.: MFCI, LLC, Milford, MI.
Other bidders were:
TD Securities, TIC 4.1893%
Brownstone Inv Grp, TIC 4.194%
Baird, TIC 4.2245%
Huntington Secs, TIC 4.2531%
Bernardi Securities, TIC 4.2968%
MISSOURI
Kansas City School District
Aug 27, 2025 $60,000,000
General Obligation Improvement Bonds, Series 2025A (book entry).
Dated Sep 16, 2025.
Due Mar 1, 2026 to 2045.
Callable Mar 1, 2035 at par.
Winning bid: Baird, at 101.9789, TIC 4.2307%.
Other managers: Edward Jones, CL King & Associates, Crews & Associates, Inc., Davenport & Company LLC, Colliers Securities LLC, Stifel, Nicolaus & Co., Inc., Northland Securities, Inc., SouthState | DuncanWilliams Securities Corp., Oppenheimer & Co., Inc., Central States Capital Markets, LLC, Cadz Securities Inc,, Commerce Bank, Carty, Harding, & Hearn, Inc., Middlegate Securities, A.G.P./Alliance Global Partners, Celadon Financial Group, LLC, Valdes & Moreno, Inc., BOK Financial Securities, Bernardi Securities, Inc., FMSbonds, Inc., Isaak Bond Investments, Inc., Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., InspereX LLC, Blaylock Van, LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Gilmore & Bell, P.C., Kansas City, MO.
F.A.: Piper Sandler & Co, Leawood, KS.
Other bidders were:
Raymond James, TIC 4.2336%
Wells Fargo Corp, TIC 4.235%
Janney Montgomery, TIC 4.2377%
JPMorgan, TIC 4.2676%
Jefferies, TIC 4.2951%
Truist Secs, Inc., TIC 4.3166%
Huntington Secs, TIC 4.3301%
TD Securities, TIC 4.385%
Mesirow Financial, TIC 4.4%
NEW JERSEY
Bound Brook Borough
Aug 27, 2025 $8,790,000
Bond Anticipation Notes, Series 2025 (bank qualified).
Dated Sep 10, 2025.
Due Sep 9, 2026.
Purchased $8,790,000.00 by Piper Sandler, at 3.0%, plus $21,799.20, effective rate 2.7513%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
TD Securities, Effective Rate 2.8939%
Oppenheimer, Effective Rate 2.928%
Hilltop Securities, Effective Rate 2.9723%
Cape May (City)
Aug 27, 2025 $7,014,000
Bond Anticipation Notes (book entry).
Dated Sep 10, 2025.
Due Sep 9, 2026.
Purchased $7,014,000.00 by Hilltop Securities, at 4.0%, plus $98,088.68, effective rate 2.5976%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Fidelity Capital, Effective Rate 2.6372%
Janney Montgomery, Effective Rate 2.6427%
TD Securities, Effective Rate 2.6964%
Jefferies, Effective Rate 2.6994%
Oppenheimer, Effective Rate 2.7365%
Stafford Township Board of Education
Aug 27, 2025 $75,725,000
School Bonds, Series 2025 (New Jersey Bond Reserve Act, 1980 N.J.Laws c 72, as amended) (book entry).
Dated Sep 10, 2025.
Due Jul 15, 2027 to 2050.
Callable Jul 15, 2035 at par.
Winning bid: UBS Financial Svcs, at 100.0013, NIC 4.2598%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Baird, NIC 4.2719%
Mesirow Financial, NIC 4.3136%
Jefferies, NIC 4.3254%
Janney Montgomery, NIC 4.3284%
Wells Fargo Corp, NIC 4.339%
PNC Capital Markets, NIC 4.3417%
Morgan Stanley, NIC 4.3506%
RBC Capital Mkts, NIC 4.3604%
West Milford Township
Aug 27, 2025 $21,850,185
Bond Anticipation Notes (book entry).
Dated Sep 11, 2025.
Due Sep 11, 2026.
Purchased $21,850,185.00 by Truist Secs, Inc., at 3.75%, plus $230,737.95, effective rate 2.694%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 2.761%
Jefferies, Effective Rate 2.793%
Oppenheimer, Effective Rate 2.833%
NEW YORK
Averill Park Central School District
Aug 27, 2025 $971,099
School District (Serial) Bonds, 2025 (bank qualified).
Dated Sep 11, 2025.
Due Aug 15, 2026 to 2030.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.8533%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, NIC 3.9148%
Ballston Spa Central School District
Aug 27, 2025 $4,270,000
General Obligations Bond Anticipation Notes, 2025 (bank qualified).
Dated Sep 11, 2025.
Due Sep 11, 2026.
Purchased $4,270,000.00 by TD Securities, at 4.0%, plus $51,282.70, effective rate 2.799%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Ballston Natl Bank, Effective Rate 2.8%
Piper Sandler, Effective Rate 2.815%
Hilltop Securities, Effective Rate 2.8963%
Oppenheimer, Effective Rate 2.9892%
Pioneer Bank, Effective Rate 3.45%
Arrow Bank, Effective Rate 4.1%
Bayport-Blue Point Union Free School District
Aug 27, 2025 $19,000,000
Tax Anticipation Notes For 2025-2026 Taxes.
Dated Sep 16, 2025.
Due Jun 24, 2026.
Purchased $19,000,000.00 by Fidelity Capital, at 4.0%, plus $199,310.00, effective rate 2.6416%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Piper Sandler, Effective Rate 2.679%
TD Securities, Effective Rate 2.6869%
Jefferies, Effective Rate 2.7477%
BNY Mellon Cap Mkts, Effective Rate 2.7599%
Oppenheimer, Effective Rate 2.8324%
Gananda Central School District
Aug 27, 2025 $11,000,000
Bond Anticipation Notes, 2025.
Dated Sep 10, 2025.
Due Jun 26, 2026.
Purchased $11,000,000.00 by Piper Sandler, at 3.5%, plus $65,120.00, effective rate 2.7548%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
TD Securities, Effective Rate 2.8306%
Oppenheimer, Effective Rate 2.8868%
Hamburg Village
Aug 27, 2025 $8,975,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Sep 18, 2025.
Due Sep 17, 2026.
Purchased $8,975,000.00 by Jefferies, at 3.75%, plus $91,457.00, effective rate 2.7281%.
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 2.7846%
Piper Sandler, Effective Rate 2.8033%
Oppenheimer, Effective Rate 2.9139%
Hilltop Securities, Effective Rate 3.2267%
Moravia Central School District
Aug 27, 2025 $474,500
School District (Serial) Bonds, 2025.
Dated Sep 17, 2025.
Due Sep 15, 2026 to 2030.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.9732%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, NIC 4.6867%
Northport-East Northport Union Free School District
Aug 27, 2025 $35,500,000
Tax Anticipation Notes for 2025 - 2026 Taxes.
Dated Sep 11, 2025.
Due Jun 24, 2026.
Purchased $35,500,000.00 by TD Securities, at 3.5%, plus $243,530.00, effective rate 2.6274%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
JPMorgan, Effective Rate 2.6592%
BofA Securities, Effective Rate 2.6758%
BNY Mellon Cap Mkts, Effective Rate 2.709%
Oppenheimer, Effective Rate 2.7734%
Jefferies, Effective Rate 2.8259%
Victor Central School District
Aug 27, 2025 $3,582,015
Bond Anticipation Notes - 2025 (bank qualified).
Dated Sep 11, 2025.
Due Sep 11, 2026.
Purchased $3,582,015.00 by Piper Sandler, at 3.5%, plus $22,280.13, effective rate 2.878%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 2.9565%
Bank of Greene Co, Effective Rate 3.49%
PENNSYLVANIA
Lebanon School District
Aug 26, 2025 $14,990,000
General Obligation Bonds, Series of 2025 (book entry).
Dated Sep 30, 2025.
Due Jun 15, 2026 to 2047.
Callable Jun 15, 2033 at par.
Winning bid: Janney Montgomery, at n/a, TIC 4.713%.
L.O.: Barley Snyder LLP, Lancaster, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
Baird, TIC 4.809%
Fidelity Capital, TIC 4.8279%
Hilltop Securities, TIC 4.8393%
PNC Capital Markets, TIC 4.8708%
SOUTH CAROLINA
Fort Mill School District No. 4 of York County
Aug 27, 2025 $21,130,000
General Obligation Bonds, Series 2025B (South Carolina School District Credit Enhancement Program) (book entry).
Dated Sep 11, 2025.
Due Mar 1, 2026 to 2028.
Non-callable.
Winning bid: UBS Financial Svcs, at 103.8011, TIC 2.311%.
L.O.: Haynsworth Sinkler Boyd, P.A., Columbia, SC.
F.A.: Compass Municipal Advisors, Columbia, SC.
Other bidders were:
JPMorgan, TIC 2.3394%
Huntington Secs, TIC 2.3488%
UMB Bank, TIC 2.4059%
Truist Secs, Inc., TIC 2.4131%
Wells Fargo Corp, TIC 2.45%
Baird, TIC 2.5019%
Fidelity Capital, TIC 2.5216%
TEXAS
Caddo Mills Municipal Management District No.1
Aug 27, 2025 $1,390,000
Unlimited Tax Road 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: Fidelity Capital, at 98.3393, NIC 4.8489%.
L.O.: Coats Rose, P.C, Dallas, TX; and State Attorney General.
F.A.: Baird, Dallas, TX; and Baird, Houston, TX.
Other bidders were:
Raymond James, NIC 4.8683%
Northland Securities, NIC 4.8761%
SAMCO Cap Mkts, NIC 4.8926%
Hilltop Securities, NIC 4.9954%
Fort Bend County Levee Improvement District No. 2
Aug 27, 2025 $2,600,000
Unlimited Tax Levee Improvement Bonds, Series 2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Apr 1, 2027 to 2050.
Callable Apr 1, 2031 at par.
Winning bid: Baker Group, at 97.1483, NIC 4.4083%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Raymond James, NIC 4.4693%
Baird, NIC 4.5447%
SAMCO Cap Mkts, NIC 4.672%
Crews & Associates, NIC 4.7258%
Aug 27, 2025 $1,100,000
Limited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2027 to 2053.
Callable Sep 1, 2031 at par.
Winning bid: Fidelity Capital, at 97.0220, NIC 5.1591%.
L.O.: Winstead PC, Dallas, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Austin, TX; and Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 5.1679%
Raymond James, NIC 5.1683%
Baird, NIC 5.2069%
Hilltop Securities, NIC 5.3265%
Crews & Associates, NIC 5.3791%
Montgomery County Municipal Utility District No. 165
Aug 27, 2025 $4,240,000
Unlimited Tax Road 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 97.0000, NIC 4.8729%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 4.8876%
Fidelity Capital, NIC 4.8994%
Stifel Nicolaus, NIC 4.9235%
Hilltop Securities, NIC 4.9247%
Crews & Associates, NIC 4.9279%
SAMCO Cap Mkts, NIC 4.9653%
Northland Securities, NIC 4.9739%