Market Data
Results of competitive sales: 11/10/2025

KENTUCKY

Louisville/Jefferson County Metro Government

Nov 6, 2025 $90,300,000

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

Dated Nov 25, 2025.

Due May 1, 2026 to Nov 1, 2040.

Callable Nov 1, 2035 at par.

Winning bid: Truist Secs, Inc., at 113.3024, TIC 2.913%.

L.O.: Rubin & Hays, Louisville, KY.

F.A.: Baird, Louisville, KY.

Other bidders were:

UBS Financial Svcs, TIC 2.921%

BofA Securities, TIC 2.9262%

Janney Montgomery, TIC 2.9287%

Huntington Secs, TIC 2.9292%

Wells Fargo Corp, TIC 2.9317%

TD Financial, TIC 2.9331%

JPMorgan, TIC 2.9335%

Jefferies, TIC 2.9416%

Mesirow Financial, TIC 2.9499%

Morgan Stanley, TIC 3.0523%


NEW YORK

Babylon (Town)

Nov 6, 2025 $12,045,000

Public Improvement Serial Bonds - 2025 (book entry).

Dated Nov 20, 2025.

Due Nov 1, 2026 to 2038.

Callable Nov 1, 2032 at par.

Winning bid: Janney Montgomery, at 108.5589, TIC 2.9689%.

L.O.: Katten Muchin Rosenman LLP, New York, NY.

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

Other bidders were:

StoneX Fin Inc., TIC 2.9845%

SWBC Investment Svcs, TIC 2.9885%

FHN Fin Cap Mkts, TIC 2.9947%

Huntington Secs, TIC 2.9957%

Baird, TIC 3.0095%

BNY Mellon Cap Mkts, TIC 3.0108%

UBS Financial Svcs, TIC 3.0128%

Raymond James, TIC 3.042%

TD Financial, TIC 3.0803%

Loop Capital, TIC 3.0925%


Geneva City School District

Nov 6, 2025 $1,095,000

General Obligations School District (Serial) Bonds, 2025 (bank qualified).

Dated Nov 19, 2025.

Due Nov 15, 2026 to 2030.

Non-callable.

Winning bid: Roosevelt & Cross, at n/a, NIC 3.3278%.

L.O.: Timothy R. McGill, Esq., Fairport, NY.

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

Other bidders were:

Oppenheimer, NIC 3.6005%

Bank of Greene Co, NIC 3.8955%

Five Star Bnk, NIC 4.6%


PENNSYLVANIA

Baldwin-Whitehall School District

Nov 6, 2025 $9,745,000

General Obligation Bonds, Series of 2025 (bank qualified) (book entry).

Dated Dec 11, 2025.

Due Nov 15, 2027 to 2040.

Callable Nov 15, 2030 at par.

Winning bid: Janney Montgomery, at n/a, TIC 3.8888%.

L.O.: Dinsmore & Shohl LLP, Pittsburgh, PA.

F.A.: PFM Financial Advisors LLC, Harrisburg, PA.

Other bidders were:

Baird, TIC 3.9101%

Hilltop Securities, TIC 3.9701%

FHN Fin Cap Mkts, TIC 3.9862%


WASHINGTON

King County

Nov 6, 2025 $263,975,000

Sewer Revenue and Refunding Bonds, 2025, Series A (book entry).

Dated Nov 25, 2025.

Due Jul 1, 2026 to Jan 1, 2056.

Callable Jul 1, 2035 at par.

Winning bid: Morgan Stanley, at 109.0209, TIC 4.1317%.

Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, FHN Financial Capital Markets, Advisors Asset Management Inc, American Veterans Group, R. Seelaus & Co., Inc., SumRidge Partners, LLC, Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, Cabrera Capital Markets, LLC.

L.O.: Pacifica Law Group, Seattle, WA.

F.A.: Piper Sandler & Co, Seattle, WA.

Other bidders were:

BofA Securities, TIC 4.132%

Wells Fargo Corp, TIC 4.1369%

JPMorgan, TIC 4.139%

Truist Secs, Inc., TIC 4.1402%

TD Financial, TIC 4.1533%

RBC Capital Mkts, TIC 4.1542%

Barclays Capital, TIC 4.159%

Jefferies, TIC 4.1636%