IOWA
Baxter (City)
Sep 8, 2025 $750,000
General Obligation Corporate Purpose Bonds, Series 2025 (bank qualified) (book entry).
Dated Oct 7, 2025.
Due Jun 1, 2026 to 2040.
Callable Jun 1, 2033 at par.
Winning bid: Bernardi Securities, at n/a, TIC 4.0483%.
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Speer Financial, Inc., Waterloo, IA; and Speer Financial, Inc., Chicago, IL.
Other bidders were:
UMB Bank, TIC 4.2%
Northland Securities, TIC 4.2728%
United Banker's Bk, TIC 4.3168%
D.A. Davidson, TIC 4.4884%
KANSAS
Haysville (City)
Sep 8, 2025 $4,565,000
General Obligation Bonds, Series 2025-A (bank qualified) (book entry).
Dated Sep 30, 2025.
Due Oct 1, 2027 to 2046.
Callable Oct 1, 2034 at par.
Winning bid: Raymond James, at 102.7260, TIC 3.8723%.
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Stifel, Nicolaus & Co., Inc., Wichita, KS.
Other bidders were:
BOK Fin Secs, TIC 3.8898%
Bernardi Securities, TIC 3.9552%
Baird, TIC 3.9604%
Hilltop Securities, TIC 3.9651%
FHN Fin Cap Mkts, TIC 4.0675%
MASSACHUSETTS
Worcester (City)
Sep 8, 2025 $30,364,339
General Obligation Bond Anticipation Notes (book entry).
Dated Sep 18, 2025.
Due Mar 19, 2026.
Purchased $30,364,399.00 by Wells Fargo Corp, at 4.0%, plus $221,659.67, effective rate 2.5481%.
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:
Wells Fargo Corp, Effective Rate 2.5481%
Jefferies, Effective Rate 2.562%
Truist Secs, Inc., Effective Rate 2.6627%
Oppenheimer, Effective Rate 2.8643%
Fidelity Capital, Effective Rate 3.2164%
MICHIGAN
North Branch of Bid Swan Creek Intercounty
Sep 8, 2025 $9,520,000
2025 Drain Bonds (Limited Tax General Obligation) (book entry).
Dated Sep 30, 2025.
Due Jun 1, 2027 to 2045.
Callable Jun 1, 2035 at par.
Winning bid: Raymond James, at 101.0845, TIC 3.989%.
Other managers: FHN Financial Capital Markets, Fidelity Capital Markets, Morgan Stanley & Co., Inc., Ramirez & Co., Inc., SumRidge Partners, LLC, Advisors Asset Management Inc, SAMCO Capital Markets, American Veterans Group, Zeus Financial, LLC.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Baird, TIC 4.0457%
KeyBanc Cap Mkts, TIC 4.1467%
MISSOURI
Smithville (City)
Sep 8, 2025 $8,465,000
Certificates of Participation, Series 2025 (bank qualified) (book entry).
Dated Sep 23, 2025.
Due Sep 1, 2026 to 2045.
Callable Sep 1, 2035 at par.
Winning bid: Baird, at 102.2537, TIC 4.2582%.
Other managers: Edward Jones, CL King & Associates, Crews & Associates, Inc., Northland Securities, Inc., Valdes & Moreno, Inc., Isaak Bond Investments, Inc., Cadz Securities Inc,, Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Carty, Harding, & Hearn, Inc., Central States Capital Markets, LLC, Oppenheimer & Co., Inc., D.A. Davidson & Co., FMSbonds, Inc., 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.: Piper Sandler & Co, Leawood, KS.
Other bidders were:
SWBC Investment Svcs, TIC 4.2885%
Hilltop Securities, TIC 4.2931%
SOUTH CAROLINA
Beaufort County School District
Sep 8, 2025 $35,080,000
General Obligation Refunding Bonds, Series 2025 (South Carolina School District Credit Enhancement Program) (book entry).
Dated Oct 1, 2025.
Due Mar 1, 2026 to 2032.
Non-callable.
Winning bid: KeyBanc Cap Mkts, at 109.2478, TIC 2.3714%.
L.O.: Burr & Forman, Columbia, SC.
F.A.: Compass Municipal Advisors, Columbia, SC.
Other bidders were:
Truist Secs, Inc., TIC 2.3831%
Morgan Stanley, TIC 2.3874%
Huntington Secs, TIC 2.3946%
Mesirow Financial, TIC 2.4091%
JPMorgan, TIC 2.4139%
UBS Financial Svcs, TIC 2.4161%
Fifth Third Secs, TIC 2.427%
Janney Montgomery, TIC 2.4289%
TD Securities, TIC 2.43%
Jefferies, TIC 2.4353%
Wells Fargo Corp, TIC 2.4398%
Baird, TIC 2.4883%
TEXAS
Collin County Municipal Utility District No. 10
Sep 8, 2025 $4,085,000
Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Sep 1, 2025.
Due Sep 1, 2027 to 2055.
Callable Sep 1, 2034 at par.
Winning bid: Baird, at 97.0000, NIC 4.9996%.
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.: Winstead PC, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Fidelity Capital, NIC 5.0375%
SAMCO Cap Mkts, NIC 5.0681%
Raymond James, NIC 5.1239%
RBC Capital Mkts, NIC 5.1248%
Josephine (City)
Sep 8, 2025 $14,995,000
Combination Tax and Revenue Certificates of Obligation, Series 2025 (book entry).
Dated Sep 1, 2025.
Due Feb 15, 2027 to 2050.
Callable Feb 15, 2035 at par.
Winning bid: Baird, at 101.6590, TIC 4.445%.
Other managers: CL King & Associates, Edward Jones, Davenport & Company LLC, Stifel, Nicolaus & Co., Inc., Crews & Associates, Inc., Oppenheimer & Co., Inc., Isaak Bond Investments, 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, InspereX LLC, StoneX Financial Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Baker Group, TIC 4.4891%
Raymond James, TIC 4.4959%
TRB Cap Mkts, TIC 4.5284%
BOK Fin Secs, TIC 4.5368%
Montgomery County Municipal Utility District No. 186
Sep 8, 2025 $10,500,000
Contract Revenue Bonds (Water, Sewer, and Drainage Facilities), Series 2025 (book entry).
Dated Oct 1, 2025.
Due Dec 1, 2027 to 2055.
Callable Dec 1, 2031 at par.
Winning bid: Baird, at 97.0000, NIC 4.9362%.
Other managers: CL King & Associates, 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, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc..
L.O.: The Muller Law Group, Sugar Land, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.9387%
Hilltop Securities, NIC 4.9837%
D.A. Davidson, NIC 5.1531%
TAXABLE ISSUES
WISCONSIN
Janesville (City)
Sep 8, 2025 $7,155,000
Taxable General Obligation Promissory Notes, Series 2025B (book entry).
Dated Sep 25, 2025.
Due Feb 1, 2026 to 2040.
Callable Feb 1, 2034 at par.
Winning bid: Baird, at 99.9832, TIC 4.6065%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Edward Jones, Middlegate Securities, UMB Bank, N.A., Cadz Securities Inc,, First Bankers' Banc Securities Inc., Bernardi Securities, Inc., Isaak Bond Investments, Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, First Kentucky Securities Corp., First Southern LLC, Midland Securities Ltd, Multi-Bank Securities Inc., Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., United Banker's Bank, Valdes & Moreno, Inc., Central States Capital Markets, LLC, Blaylock Van, LLC, Carty, Harding, & Hearn, Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Kutak Rock, Minneapolis, MN.
F.A.: Wisconsin Public Finance Professional, LLC, Brookfield, WI.
Other bidders were:
Hilltop Securities, TIC 4.6223%
Northland Securities, TIC 4.6273%
Piper Sandler, TIC 4.6494%
BOK Fin Secs, TIC 4.6514%
Raymond James, TIC 4.7597%