ILLINOIS
Itasca Park District
Sep 22, 2025 $2,820,000
General Obligation Park Bonds (Alternate Revenue Source), Series 2025A (bank qualified) (book entry).
Dated Oct 7, 2025.
Due Mar 1, 2037 to 2046.
Callable Mar 1, 2034 at par.
Winning bid: Baker Group, at n/a, TIC 4.1487%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Northland Securities, TIC 4.182%
Bernardi Securities, TIC 4.3617%
Stifel Nicolaus, TIC 4.3637%
Baird, TIC 4.432%
IOWA
Carlisle (City)
Sep 22, 2025 $5,730,000
General Obligation Capital Loan Notes, Series 2025A (bank qualified) (book entry).
Dated Oct 30, 2025.
Due Jun 1, 2028 to 2045.
Callable Jun 1, 2033 at par.
Winning bid: Bernardi Securities, at 101.6342, TIC 3.943%.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
Baird, TIC 3.9804%
Northland Securities, TIC 4.1257%
MINNESOTA
St. Paul Independent School District No. 625
Sep 22, 2025 $27,000,000
Full-Term Certificates of Participation, Series 2025A (Minnesota School District Credit Enhancement Program) (book entry).
Dated Oct 15, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2034 at par.
Winning bid: Morgan Stanley, at 105.4432, TIC 3.8563%.
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, FHN Financial Capital Markets, Ramirez & Co., Inc., Advisors Asset Management Inc, American Veterans Group, R. Seelaus & Co., Inc., SumRidge Partners, LLC.
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: PMA Securities, Inc., Albertville, MN.
Other bidders were:
Mesirow Financial, TIC 3.9061%
Baird, TIC 3.9476%
RBC Capital Mkts, TIC 3.9599%
Hilltop Securities, TIC 3.9668%
Janney Montgomery, TIC 3.9736%
Wells Fargo Corp, TIC 3.9999%
KeyBanc Cap Mkts, TIC 4.0421%
NEW YORK
East Meadow Union Free School District
Sep 22, 2025 $9,500,000
Tax Anticipation Notes For 2025 - 2026 Taxes.
Dated Oct 1, 2025.
Due Jun 18, 2026.
Purchased $9,500,000.00 by Jefferies, at 3.5%, plus $64,790.00, effective rate 2.5447%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Hilltop Securities, Effective Rate 2.5758%
Piper Sandler, Effective Rate 2.5986%
Oppenheimer, Effective Rate 2.6651%
TD Securities, Effective Rate 2.7611%
BNY Mellon Cap Mkts, Effective Rate 2.815%
TEXAS
Fort Bend County Municipal Utility District No. 229
Sep 22, 2025 $16,795,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Oct 1, 2025.
Due Sep 1, 2026 to 2050.
Callable Sep 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.5080, NIC 4.6421%.
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.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Northland Securities, NIC 4.65%
Hilltop Securities, NIC 4.669%
Montgomery County Municipal Utility District No. 137
Sep 22, 2025 $3,545,000
Unlimited Tax Road Bonds, Series 2025 (book entry).
Dated Oct 1, 2025.
Due Sep 1, 2026 to 2048.
Callable Sep 1, 2030 at par.
Winning bid: Northland Securities, at 98.0000, NIC 4.5499%.
Other managers: Celadon Financial Group, LLC, Edward Jones, CL King & Associates.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.6184%
Hilltop Securities, NIC 4.6311%
Raymond James, NIC 4.6636%
Montgomery County Municipal Utility District No. 137
Sep 22, 2025 $7,300,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Oct 1, 2025.
Due Sep 1, 2026 to 2048.
Callable Sep 1, 2030 at par.
Winning bid: Northland Securities, at 98.0000, NIC 4.5467%.
Other managers: Celadon Financial Group, LLC, Edward Jones, CL King & Associates.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Hilltop Securities, NIC 4.5978%
SAMCO Cap Mkts, NIC 4.6149%
Raymond James, NIC 4.6687%
Pantego (Town)
Sep 22, 2025 $3,095,000
Combination Tax and Revenue Certificates of Obligation, Series 2025 (bank qualified) (book entry).
Dated Sep 15, 2025.
Due Aug 15, 2027 to 2045.
Callable Aug 15, 2035 at par.
Winning bid: Baird, at 99.7291, TIC 4.1264%.
Other managers: CL King & Associates, Edward Jones, Northland Securities, Inc., Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, The Baker Group, Celadon Financial Group, LLC, FMSbonds, Inc., Midland Securities Ltd, First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Crews & Associates, Inc..
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
BOK Fin Secs, TIC 4.1629%