ARKANSAS

Russellville School District No. 14 of Pope County

Nov 4, 2025 $2,675,000

Construction Bonds (Arkansas State School District Credit Enhancement Program) (bank qualified) (book entry).

Dated Dec 12, 2025.

Due Feb 1, 2027 to 2038.

Callable Feb 1, 2031 at par.

Winning bid: Raymond James, at 102.7280, TIC 3.3495%.

L.O.: Friday Eldredge & Clark, Little Rock, AR.

F.A.: Stephens Inc., Little Rock, AR.

Other bidders were:

Crews & Associates, TIC 3.4383%

Carty, Harding, TIC 3.4712%

Stifel Nicolaus, TIC 3.4942%

CINCap Invest Grp, TIC 3.5196%

Baird, TIC 3.5351%

ILLINOIS

Illinois Toll Highway Authority

Nov 4, 2025 $500,000,000

Toll Highway Senior Revenue Bonds, 2025 Series A (book entry).

Dated Dec 2, 2025.

Due Jan 1, 2041 to 2047.

Callable Jul 1, 2035 at par.

Winning bid: Morgan Stanley, at 106.6234, TIC 4.4844%.

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, Loop Capital Markets, LLC, FHN Financial Capital Markets, Cabrera Capital Markets, LLC, Stifel, Nicolaus & Co., Inc..

L.O.: Chapman and Cutler LLP, Chicago, IL.

F.A.: PFM Financial Advisors LLC, Chicago, IL; and Backstrom McCarley Berry & Co., LLC, San Francisco, CA.

Other bidders were:

JPMorgan, TIC 4.4916%

Wells Fargo Corp, TIC 4.496%

Jefferies, TIC 4.4999%

BofA Securities, TIC 4.5026%

Goldman Sachs, TIC 4.5079%

Barclays Capital, TIC 4.5172%

TD Financial, TIC 4.5438%

RBC Capital Mkts, TIC 4.5504%

INDIANA

Kankakee Valley Improvement School Building Corporation

Nov 4, 2025 $11,000,000

Ad Valorem Property Tax First Mortgage Bonds, Series 2025 (Indiana State Aid Intercept Program) (book entry).

Dated Nov 25, 2025.

Due Jul 15, 2026 to Jan 15, 2034.

Non-callable.

Winning bid: KeyBanc Cap Mkts, at 108.9415, TIC 2.9176%.

L.O.: Ice Miller, Indianapolis, IN.

F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.

Other bidders were:

Huntington Secs, TIC 2.9961%

UMB Bank, TIC 3.0129%

Mesirow Financial, TIC 3.0611%

Baird, TIC 3.1391%

IOWA

West Des Moines (City)

Nov 3, 2025 $13,470,000

General Obligation Urban Renewal Bonds, Series 2025E (book entry).

Dated Dec 10, 2025.

Due Jun 1, 2027 to 2033.

Non-callable.

Winning bid: JPMorgan, at 110.4487, TIC 2.5849%.

Other managers: Academy Securities Inc., Rice Financial Products Company, Stern Brothers & Co..

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.

F.A.: PFM Financial Advisors LLC, Des Moines, IA.

Other bidders were:

Morgan Stanley, TIC 2.6095%

Wells Fargo Corp, TIC 2.619%

Huntington Secs, TIC 2.6197%

Hilltop Securities, TIC 2.6344%

Janney Montgomery, TIC 2.6375%

TD Financial, TIC 2.6375%

Baird, TIC 2.6411%

Jefferies, TIC 2.6457%

Piper Sandler, TIC 2.6593%

StoneX Fin Inc., TIC 2.6867%

West Des Moines (City)

Nov 3, 2025 $25,495,000

General Obligation Urban Renewal Bonds, Series 2025C (book entry).

Dated Dec 10, 2025.

Due Jun 1, 2028 to 2039.

Callable Jun 1, 2033 at par.

Winning bid: Wells Fargo Corp, at 108.1970, TIC 3.174%.

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.

F.A.: PFM Financial Advisors LLC, Des Moines, IA.

Other bidders were:

KeyBanc Cap Mkts, TIC 3.2814%

Fifth Third Secs, TIC 3.2824%

Baird, TIC 3.2986%

TD Financial, TIC 3.3014%

Piper Sandler, TIC 3.3072%

Truist Secs, Inc., TIC 3.3109%

Morgan Stanley, TIC 3.3207%

Jefferies, TIC 3.3334%

Mesirow Financial, TIC 3.3572%

JPMorgan, TIC 3.3845%

Hilltop Securities, TIC 3.4186%

MAINE

Kennebunk Sewer District

Nov 4, 2025 $11,500,000

Sewer System Revenue Bond Anticipation Notes (book entry).

Dated Nov 18, 2025.

Due Nov 18, 2026.

Purchased $11,500,000.00 by Academy Secs, at 4.0%, plus $147,200.00, effective rate 2.72%.

L.O.: Pierce Atwood LLP, Portland, ME.

F.A.: Moors & Cabot, Inc., Boston, MA.

Other bidders were:

TD Financial, Effective Rate 2.733%

BNY Mellon Cap Mkts, Effective Rate 2.741%

Oppenheimer, Effective Rate 2.785%

Jefferies, Effective Rate 2.885%

KeyBanc Cap Mkts, Effective Rate 3.499%

Saco (City)

Nov 4, 2025 $13,500,000

2025 General Obligation Bond Anticipation Notes (book entry).

Dated Nov 12, 2025.

Due Dec 30, 2025.

Purchased $13,500,000.00 by Oppenheimer, at 5.25%, plus $19,305.00, effective rate 4.1775%.

L.O.: Drummond Woodsum & McMahon, Portland, ME.

F.A.: Moors & Cabot, Inc., Boston, MA.

Other bidders were:

Katahdin Trust, Effective Rate 5.93%

MARYLAND

Bowie (City)

Nov 4, 2025 $8,760,000

Public Improvement Bonds, Series 2025A (Tax-Exempt) (book entry).

Dated Nov 19, 2025.

Due Jul 1, 2026 to 2045.

Callable Jul 1, 2035 at par.

Winning bid: Fidelity Capital, at 109.1784, TIC 3.51%.

Other managers: Raymond James & Associates, Inc., Advisors Asset Management Inc, SumRidge Partners, LLC, American Veterans Group, Ramirez & Co., Inc., SAMCO Capital Markets, Morgan Stanley & Co., Inc., Zeus Financial, LLC.

L.O.: Funk & Bolton, Baltimore, MD.

F.A.: Davenport & Company LLC, Towson, MD.

Other bidders were:

Janney Montgomery, TIC 3.5359%

KeyBanc Cap Mkts, TIC 3.5365%

UBS Financial Svcs, TIC 3.5368%

Baker Group, TIC 3.5379%

Huntington Secs, TIC 3.5492%

Piper Sandler, TIC 3.5549%

Baird, TIC 3.5576%

Hilltop Securities, TIC 3.5651%

TD Financial, TIC 3.5678%

StoneX Fin Inc., TIC 3.593%

FHN Fin Cap Mkts, TIC 3.5955%

UMB Bank, TIC 3.6857%

MINNESOTA

Hennepin County

Nov 4, 2025 $2,735,000

General Obligation Bonds, Series 2025B (book entry).

Dated Nov 18, 2025.

Due Dec 1, 2026 to 2040.

Callable Dec 1, 2035 at par.

Winning bid: TD Financial, at 109.0032, TIC 3.2103%.

L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.

F.A.: PFM Financial Advisors LLC, Minneapolis, MN.

Other bidders were:

Hilltop Securities, TIC 3.2746%

Baird, TIC 3.2755%

Hennepin County

Nov 4, 2025 $100,000,000

General Obligation Bonds, Series 2025A (book entry).

Dated Nov 18, 2025.

Due Dec 1, 2027 to 2045.

Callable Dec 1, 2035 at par.

Winning bid: BofA Securities, at 113.5317, TIC 3.6359%.

L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.

F.A.: PFM Financial Advisors LLC, Minneapolis, MN.

Other bidders were:

Truist Secs, Inc., TIC 3.6395%

JPMorgan, TIC 3.6399%

Hilltop Securities, TIC 3.6444%

TD Financial, TIC 3.6631%

Jefferies, TIC 3.6632%

Wells Fargo Corp, TIC 3.666%

Morgan Stanley, TIC 3.6698%

Mesirow Financial, TIC 3.6763%

KeyBanc Cap Mkts, TIC 3.68%

Baird, TIC 3.7156%

NEW YORK

Greenport Union Free School District

Nov 4, 2025 $3,500,000

Tax Anticipation Notes For 2025 - 2026 Taxes.

Dated Nov 13, 2025.

Due May 13, 2026.

Purchased $3,500,000.00 by TD Financial, at 3.5%, plus $9,765.00, effective rate 2.942%.

L.O.: Hawkins, Delafield & Wood, New York, NY.

F.A.: Munistat Services, Inc., Port Jefferson, NY.

Other bidders were:

Hilltop Securities, Effective Rate 3.0341%

Oppenheimer, Effective Rate 3.0797%

Piper Sandler, Effective Rate 3.112%

Groveland (Town)

Nov 4, 2025 $4,402,800

Bond Anticipation Notes, 2025A (bank qualified).

Dated Nov 20, 2025.

Due Nov 19, 2026.

Purchased $4,402,800.00 by Bank of Greene Co, at 3.58%, effective rate 3.58%.

L.O.: Hodgson, Russ LLP, Buffalo, NY.

F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.

Other bidders were:

Oppenheimer, Effective Rate 4.3408%

Peru (Town)

Nov 4, 2025 $5,445,000

General Obligation Bond Anticipation Notes, 2025 (bank qualified).

Dated Nov 18, 2025.

Due Nov 18, 2026.

Purchased $5,445,000.00 by Bank of Greene Co, at 3.58%, effective rate 3.58%.

L.O.: Trespasz Law Offices LLP, Syracuse, NY.

F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.

Other bidders were:

Oppenheimer, Effective Rate 4.2267%

Pulaski Academy and Central School District

Nov 4, 2025 $100,000

Bond Anticipation Notes, 2025 (bank qualified).

Dated Nov 18, 2025.

Due Jun 18, 2026.

Purchased $100,000.00 by Bank of Greene Co, at 4.15%, effective rate 4.15%.

L.O.: Barclay Damon LLP, Albany, NY.

F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.

Other bidders were:

Roosevelt & Cross, Effective Rate 4.736%

Rotterdam-Mohonasen Central School District

Nov 4, 2025 $754,373

School District (Serial) Bonds, 2025.

Dated Nov 13, 2025.

Due Jun 15, 2026 to 2030.

Non-callable.

Winning bid: Oppenheimer, at n/a, NIC 3.7045%.

L.O.: Barclay Damon LLP, Albany, NY.

F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.

Other bidders were:

Bank of Greene Co, NIC 3.7114%

Roosevelt & Cross, NIC 3.8309%

OHIO

Marysville Exempted Village School District

Nov 4, 2025 $20,470,000

School Improvement Refunding Bonds, Series 2025 (General Obligation Unlimited Tax) (book entry).

Dated Dec 3, 2025.

Due Dec 1, 2026 to 2029.

Non-callable.

Winning bid: Piper Sandler, at 104.9941, TIC 2.688%.

L.O.: Dinsmore & Shohl LLP, Columbus, OH.

F.A.: Baker Tilly Municipal Advisors, LLC, Columbus, OH.

Other bidders were:

PNC Capital Markets, TIC 2.7199%

UMB Bank, TIC 2.7454%

Huntington Secs, TIC 2.7479%

Baird, TIC 2.8255%

TRB Cap Mkts, TIC 2.9339%

BNY Mellon Cap Mkts, TIC 3.3317%

SOUTH CAROLINA

Charleston County School District

Nov 4, 2025 $60,000,000

Tax Anticipation Notes of 2025 (book entry).

Dated Nov 13, 2025.

Due Apr 1, 2026.

Purchased $60,000,000.00 by JPMorgan, at 4.0%, plus $315,000.00, effective rate 2.6304%.

L.O.: Haynsworth Sinkler Boyd, P.A., Charleston, SC.

F.A.: PFM Financial Advisors LLC, Orlando, FL.

Other bidders were:

BofA Securities, Effective Rate 2.633%

Wells Fargo Corp, Effective Rate 2.6383%

Jefferies, Effective Rate 2.6652%

Janney Montgomery, Effective Rate 2.6713%

Academy Secs, Effective Rate 2.6774%

TD Financial, Effective Rate 2.6883%

Truist Secs, Inc., Effective Rate 2.6965%

Oppenheimer, Effective Rate 3.0713%

KeyBanc Cap Mkts, Effective Rate 3.9139%

Charleston County School District

Nov 4, 2025 $134,525,000

General Obligtaion Bonds, Series 2025B (South Carolina School District Enhancement Program) (book entry).

Dated Nov 13, 2025.

Due Mar 1, 2026 to 2028.

Non-callable.

Winning bid: Wells Fargo Corp, at 100.6673, TIC 2.6184%.

L.O.: Haynsworth Sinkler Boyd, P.A., Charleston, SC.

F.A.: PFM Financial Advisors LLC, Orlando, FL.

Other bidders were:

JPMorgan, TIC 2.6712%

Jefferies, TIC 2.7204%

BofA Securities, TIC 2.7476%

Morgan Stanley, TIC 2.756%

Truist Secs, Inc., TIC 2.7629%

Huntington Secs, TIC 2.793%

KeyBanc Cap Mkts, TIC 2.8349%

TD Financial, TIC 2.8885%

TENNESSEE

Greenbrier (City)

Nov 4, 2025 $4,725,000

General Obligation Public Improvement Bonds, Series 2025 (ULT) (BQ) (bank qualified) (book entry).

Dated Nov 18, 2025.

Due May 1, 2027 to 2041.

Callable May 1, 2035 at par.

Winning bid: Stifel Nicolaus, at 107.3999, TIC 3.3746%.

Other managers: BOK Financial Securities.

L.O.: Bass, Berry & Sims PLC, Nashville, TN.

F.A.: Stephens Inc., Nashville, TN.

Other bidders were:

Baird, TIC 3.3982%

Hilltop Securities, TIC 3.4444%

FHN Fin Cap Mkts, TIC 3.4669%

Raymond James, TIC 3.5069%

Crews & Associates, TIC 3.5535%

TEXAS

Gainesville (City)

Nov 4, 2025 $9,255,000

Combination Tax and Revenue Certificates of Obligation, Series 2025 (bank qualified) (book entry).

Dated Dec 4, 2025.

Due Feb 15, 2026 to 2045.

Callable Feb 15, 2034 at par.

Winning bid: Baird, at 107.1207, TIC 3.7904%.

Other managers: CL King & Associates, Edward Jones, Oppenheimer & Co., Inc., Northland Securities, Inc., Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, The Baker Group, Middlegate Securities, Celadon Financial Group, LLC, FMSbonds, Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., 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:

BOK Fin Secs, TIC 3.8016%

Raymond James, TIC 3.917%

SouthState | Duncan, TIC 4.0311%

Galveston County Municipal Utility District No. 68

Nov 4, 2025 $8,400,000

Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).

Dated Nov 1, 2025.

Due Sep 1, 2027 to 2050.

Callable Sep 1, 2031 at par.

Winning bid: Baird, at 97.0000, NIC 4.5821%.

Other managers: CL King & Associates, Midland Securities Ltd, Oppenheimer & Co., Inc., 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, Falcon Square Capital, Caldwell Sutter Capital, Inc..

L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX.

Other bidders were:

SWBC Investment Svcs, NIC 4.5915%

SAMCO Cap Mkts, NIC 4.6058%

Hilltop Securities, NIC 4.6366%

Stifel Nicolaus, NIC 4.6464%

UMB Bank, NIC 4.6521%

Crews & Associates, NIC 4.6645%

Raymond James, NIC 4.7627%

Harris County Municipal Utility District No. 525

Nov 4, 2025 $2,895,000

Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).

Dated Dec 1, 2025.

Due Sep 1, 2027 to 2051.

Callable Sep 1, 2031 at par.

Winning bid: SAMCO Cap Mkts, at 97.0019, NIC 4.6327%.

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, TRB Capital Markets, LLC, Carty, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.

L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX.

Other bidders were:

Baird, NIC 4.6621%

SWBC Investment Svcs, NIC 4.6691%

Hilltop Securities, NIC 4.7081%

Harris County Municipal Utility District No. 525

Nov 4, 2025 $5,190,000

Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).

Dated Dec 1, 2025.

Due Sep 1, 2027 to 2051.

Callable Sep 1, 2031 at par.

Winning bid: SAMCO Cap Mkts, at 97.0017, NIC 4.617%.

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, TRB Capital Markets, LLC, Carty, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.

L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX.

Other bidders were:

Baird, NIC 4.6364%

Hilltop Securities, NIC 4.6879%

Waller County Municipal Utility District No. 33

Nov 4, 2025 $2,500,000

Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).

Dated Dec 1, 2025.

Due Sep 1, 2027 to 2053.

Callable Sep 1, 2032 at par.

Winning bid: SAMCO Cap Mkts, at 97.0048, NIC 4.8151%.

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, TRB Capital Markets, LLC, Carty, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.

L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX.

Other bidders were:

RBC Capital Mkts, NIC 4.8214%

SWBC Investment Svcs, NIC 4.8379%

Baird, NIC 4.8389%

Fidelity Capital, NIC 4.867%

Crews & Associates, NIC 4.8682%

Hilltop Securities, NIC 4.8845%

Raymond James, NIC 4.9663%

TAXABLE ISSUES

IOWA

West Des Moines (City)

Nov 3, 2025 $1,035,000

Taxable General Obligation Urban Renewal Bonds, Series 2025D (book entry).

Dated Dec 10, 2025.

Due Jun 1, 2026 to 2027.

Non-callable.

Winning bid: Piper Sandler, at 99.9633, TIC 4.0037%.

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.

F.A.: PFM Financial Advisors LLC, Des Moines, IA.

Other bidders were:

Baird, TIC 4.2771%

Northland Securities, TIC 4.2996%

SWBC Investment Svcs, TIC 4.3154%

Wells Fargo Corp, TIC 5.0592%

MARYLAND

Bowie (City)

Nov 4, 2025 $22,905,000

Public Improvement Bonds, Series 2025B (Federally Taxable) (book entry).

Dated Nov 19, 2025.

Due Jul 1, 2026 to 2055.

Callable Jul 1, 2035 at par.

Winning bid: Baird, at 100.8575, TIC 5.0019%.

Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Edward Jones, Northland Securities, Inc., Middlegate Securities, Oppenheimer & Co., Inc., Cadz Securities Inc,, First Bankers' Banc Securities Inc., SouthState | DuncanWilliams Securities Corp., Bernardi Securities, Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, First Southern LLC, Midland Securities Ltd, Multi-Bank Securities Inc., Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., PNC Capital Markets, Blaylock Van, LLC, Carty, Harding, & Hearn, Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..

L.O.: Funk & Bolton, Baltimore, MD.

F.A.: Davenport & Company LLC, Towson, MD.

Other bidders were:

Raymond James, TIC 5.0565%

Hilltop Securities, TIC 5.0831%

Piper Sandler, TIC 5.1057%

Janney Montgomery, TIC 5.1759%

UBS Financial Svcs, TIC 5.1902%

Wells Fargo Corp, TIC 5.1905%