CALIFORNIA
Orange County Sanitation District
Oct 8, 2025 $95,070,000
Wastewater Refunding Revenue Obligations Series 2025A (book entry).
Dated Nov 4, 2025.
Due Feb 1, 2027 to 2039.
Callable Feb 1, 2036 at par.
Winning bid: BofA Securities, at 116.2727, TIC 2.661%.
L.O.: Norton Rose Fulbright US LLP, Los Angeles, CA.
F.A.: PFM Financial Advisors LLC, Chandler, AZ; and PFM Financial Advisors LLC, San Francisco, CA.
Other bidders were:
Jefferies, TIC 2.6772%
RBC Capital Mkts, TIC 2.6809%
Raymond James, TIC 2.699%
JPMorgan, TIC 2.6993%
Fifth Third Secs, TIC 2.6994%
Wells Fargo Corp, TIC 2.701%
Huntington Secs, TIC 2.708%
Morgan Stanley, TIC 2.7082%
Mesirow Financial, TIC 2.7091%
Hilltop Securities, TIC 2.7117%
UBS Financial Svcs, TIC 2.7161%
KeyBanc Cap Mkts, TIC 2.7223%
TD Financial, TIC 2.7435%
Baird, TIC 2.7796%
FLORIDA
Broward County
Oct 8, 2025 $158,115,000
Water and Sewer Utility Revenue Refunding Bonds, Series 2025 (book entry).
Dated Oct 22, 2025.
Due Oct 1, 2026 to 2034.
Non-callable.
Winning bid: Wells Fargo Corp, at 112.9903, TIC 2.6321%.
L.O.: Nabors, Giblin & Nickerson, Tampa, FL; and Manuel Alonso-Poch, P.A., Miami, FL.
F.A.: Public Resources Advisory Group, Tampa, FL; and Public Resources Advisory Group, St Petersburg, FL.
Other bidders were:
Truist Secs, Inc., TIC 2.6767%
Morgan Stanley, TIC 2.7016%
JPMorgan, TIC 2.7109%
Jefferies, TIC 2.7367%
BofA Securities, TIC 2.7394%
Hilltop Securities, TIC 2.7496%
RBC Capital Mkts, TIC 2.7658%
ILLINOIS
Waukegan Park District
Oct 9, 2025 $2,205,790
General Obligation Limited Tax Park Bonds, Series 2025 (bank qualified).
Dated Oct 28, 2025.
Due Nov 1, 2026.
Purchased $2,184,835.00 by Republic Bk- Chicago, at 3.02%, plus $66,531.87, effective rate 3.02%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Wintrust Govt Funds, Effective Rate 3.09%
Time Bank, Effective Rate 3.2%
First Secure Comm Bk, Effective Rate 3.67%
Herscher CUSD #2, Effective Rate 4.15%
Peoples Natl Bk, Effective Rate 4.19%
Bank of Alma, Effective Rate 4.25%
IOWA
Des Moines (City)
Oct 8, 2025 $81,565,000
General Obligation Bonds, Series 2025A (book entry).
Dated Nov 12, 2025.
Due Jun 1, 2026 to 2045.
Callable Jun 1, 2033 at par.
Winning bid: Piper Sandler, at 105.2493, TIC 3.6984%.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
JPMorgan, TIC 3.7155%
Raymond James, TIC 3.717%
Hilltop Securities, TIC 3.7219%
Mesirow Financial, TIC 3.7239%
Wells Fargo Corp, TIC 3.7252%
BofA Securities, TIC 3.7256%
RBC Capital Mkts, TIC 3.7311%
UBS Financial Svcs, TIC 3.7395%
Jefferies, TIC 3.7429%
KeyBanc Cap Mkts, TIC 3.7476%
Huntington Secs, TIC 3.7497%
TD Financial, TIC 3.7499%
Janney Montgomery, TIC 3.7554%
Truist Secs, Inc., TIC 3.7659%
Baird, TIC 3.7862%
KENTUCKY
Jessamine County Public Properties Corporation
Oct 8, 2025 $9,865,000
First Mortgage Revenue Bonds (Judicial Center Project), Series 2025 (bank qualified) (book entry).
Dated Oct 29, 2025.
Due Nov 1, 2026 to 2050.
Callable Nov 1, 2033 at par.
Winning bid: Bernardi Securities, at 99.9822, TIC 4.0996%.
L.O.: Dinsmore Shohl LLP, Lousville, KY.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
TD Financial, TIC 4.1599%
Baird, TIC 4.1744%
Stifel Nicolaus, TIC 4.2291%
Key Capital Mkts, TIC 4.4721%
Knott County School District Finance Corporation
Oct 9, 2025 $585,000
School Building Revenue Bonds, Series 2025 (Kentucky School District Enhancement Program) (bank qualified) (book entry).
Dated Oct 30, 2025.
Due Oct 1, 2026 to 2045.
Callable Oct 1, 2033 at par.
Winning bid: Baird, at 98.1318, NIC 4.1582%.
Other managers: CL King & Associates, Crews & Associates, Inc., First Kentucky Securities Corp., Northland Securities, Inc., Celadon Financial Group, LLC, Cadz Securities Inc,, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., First Southern LLC, Blaylock Van, LLC, Dinosaur Securities, Mountainside Securities LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
CINCap Invest Grp, NIC 4.2225%
MARYLAND
Maryland Department of Transportation
Oct 8, 2025 $499,020,000
Consolidated Transportation Bonds, Refunding Series 2025 C (book entry).
Dated Oct 21, 2025.
Due Nov 1, 2026 to 2031.
Non-callable.
Winning bid: JPMorgan, at 108.2125, TIC 2.4698%.
L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.
F.A.: Davenport & Company LLC, Towson, MD.
Other bidders were:
Wells Fargo Corp, TIC 2.486%
BofA Securities, TIC 2.5066%
Morgan Stanley, TIC 2.5374%
MASSACHUSETTS
Lowell (City)
Oct 8, 2025 $62,140,000
General Obligation State Qualified Municipal Purpose Loan of 2025 Bonds (book entry).
Dated Oct 23, 2025.
Due Sep 1, 2026 to 2050.
Callable Sep 1, 2034 at par.
Winning bid: Janney Montgomery, at 105.7957, TIC 3.8264%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Mesirow Financial, TIC 3.8593%
Jefferies, TIC 3.8869%
Wells Fargo Corp, TIC 3.9315%
KeyBanc Cap Mkts, TIC 3.9316%
Fidelity Capital, TIC 3.9693%
Baird, TIC 3.9911%
NEW JERSEY
Monroe Township (Middlesex County)
Oct 9, 2025 $2,509,500
Bond Anticipation Note.
Dated Oct 23, 2025.
Due May 29, 2026.
Purchased $2,509,500.00 by Oppenheimer, at 4.0%, plus $11,869.93, effective rate 3.2117%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Piper Sandler, Effective Rate 3.2333%
Janney Montgomery, Effective Rate 3.2677%
Verona Township
Oct 9, 2025 $9,773,000
Bond Anticipation Notes, Series 2025B (bank qualified) (book entry).
Dated Oct 21, 2025.
Due Oct 21, 2026.
Purchased $9,773,000.00 by Truist Secs, Inc., at 3.5%, plus $86,588.78, effective rate 2.614%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Jefferies, Effective Rate 2.65%
TD Financial, Effective Rate 2.651%
Oppenheimer, Effective Rate 2.685%
Fidelity Capital, Effective Rate 2.885%
NEW YORK
Amenia (Town)
Oct 9, 2025 $6,333,449
Bond Anticipation Notes, 2025 (bank qualified).
Dated Oct 21, 2025.
Due Oct 21, 2026.
Purchased $2,000,000.00 by Bank of Greene Co, at 3.49%, effective rate 3.49%.
Purchased $4,333,449.00 by Oppenheimer, at 4.0%, plus $11,404.52, effective rate 3.7368%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Amityville Union Free School District
Oct 9, 2025 $16,000,000
Tax Anticipation Notes for 2025-2026 Taxes.
Dated Oct 21, 2025.
Due Jun 25, 2026.
Purchased $16,000,000.00 by TD Financial, at 3.25%, plus $63,840.00, effective rate 2.6613%.
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:
Jefferies, Effective Rate 2.7836%
Oppenheimer, Effective Rate 2.803%
BNY Mellon Cap Mkts, Effective Rate 2.8095%
Greene Central School District
Oct 9, 2025 $392,750
Bond Anticipation Notes, 2025 Series B.
Dated Oct 22, 2025.
Due Sep 18, 2026.
Purchased $392,750.00 by Roosevelt & Cross, at 4.0%, plus $2,026.00, effective rate 3.4304%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.4748%
Bank of Greene Co, Effective Rate 4.09%
Wurtsboro Village
Oct 9, 2025 $900,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Oct 21, 2025.
Due Oct 21, 2026.
Purchased $900,000.00 by Oppenheimer, at 4.0%, plus $4,866.00, effective rate 3.4593%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.49%
Roosevelt & Cross, Effective Rate 3.572%
OKLAHOMA
Craig County Independent School District No. 6 (Ketchum)
Oct 8, 2025 $600,000
General Obligation Building Bonds, Series 2025A (bank qualified) (book entry).
Dated Nov 1, 2025.
Due Nov 1, 2027 to 2029.
Non-callable.
Winning bid: Northland Securities, at 100.0283, NIC 3.3683%.
L.O.: The Public Finance Law Group PLLC, Oklahoma City, OK; and State Attorney General.
F.A.: BOK Financial Securities, Oklahoma City, OK.
Other bidders were:
D.A. Davidson, NIC 3.7178%
Baker Group, NIC 3.7606%
TEXAS
Fort Bend County Water Control & Improvement District No. 2
Oct 8, 2025 $39,900,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Nov 6, 2025.
Due Sep 1, 2026 to 2050.
Callable Sep 1, 2031 at par.
Winning bid: BofA Securities, at 97.0000, NIC 4.2339%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: RBC Capital Markets, Houston, TX.
Other bidders were:
Jefferies, NIC 4.25%
Baird, NIC 4.2877%
Stifel Nicolaus, NIC 4.2989%
Wells Fargo Corp, NIC 4.37%
Hilltop Securities, NIC 4.4419%
SAMCO Cap Mkts, NIC 4.4732%
Crews & Associates, NIC 4.4891%
TRB Cap Mkts, NIC 4.4902%
McKinney Municipal Utility District No. 1 of Collin County
Oct 9, 2025 $7,300,000
Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Nov 1, 2025.
Due Sep 1, 2026 to 2050.
Callable Sep 1, 2031 at par.
Winning bid: Baker Group, at 98.0994, NIC 4.3673%.
L.O.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Raymond James, NIC 4.3885%
Fidelity Capital, NIC 4.4403%
Northland Securities, NIC 4.4411%
BOK Fin Secs, NIC 4.4629%
SAMCO Cap Mkts, NIC 4.4672%
Crews & Associates, NIC 4.5933%
Hilltop Securities, NIC 4.6265%
VIRGINIA
Alexandria (City)
Oct 8, 2025 $97,210,000
General Obligation Capital Improvement Bonds, Series 2025 (book entry).
Dated Oct 22, 2025.
Due Dec 15, 2026 to 2045.
Callable Dec 15, 2035 at par.
Winning bid: Truist Secs, Inc., at 108.5323, TIC 3.4966%.
L.O.: McGuireWoods LLP, Tysons Corner, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
Mesirow Financial, TIC 3.4976%
Raymond James, TIC 3.5115%
Hilltop Securities, TIC 3.5122%
BofA Securities, TIC 3.5181%
Baird, TIC 3.521%
TD Financial, TIC 3.5352%
JPMorgan, TIC 3.5397%
Huntington Secs, TIC 3.5489%
Jefferies, TIC 3.5517%
KeyBanc Cap Mkts, TIC 3.5634%
TAXABLE ISSUES
ILLINOIS
Markham Park District
Oct 8, 2025 $104,305
Taxable General Obligation Limited Tax Park Bonds, Series 2025
Dated Oct 28, 2025.
Due Dec 15, 2026.
Non-callable.
Winning bid: Wintrust Govt Funds, at n/a, NIC 4.3%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Republic Bk- Chicago, NIC 4.54%
Baystone Fin Group, NIC 5.62%
Bank of Alma, NIC 5.9%
IOWA
Des Moines (City)
Oct 8, 2025 $6,035,000
Taxable General Obligation Bonds, Series 2025B (book entry).
Dated Nov 12, 2025.
Due Jun 1, 2026 to 2030.
Non-callable.
Winning bid: Northland Securities, at 99.7348, TIC 3.8343%.
L.O.: Ahlers & Cooney, P.C., Des Moines, IA.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
Piper Sandler, TIC 3.8657%
Baird, TIC 3.9215%
Hilltop Securities, TIC 3.9389%