Market Data
Results of competitive sales: 11/12/2025

ILLINOIS

Western Springs Village

Nov 10, 2025 $15,000,000

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

Dated Dec 2, 2025.

Due Dec 1, 2026 to 2045.

Callable Dec 1, 2035 at par.

Winning bid: Baker Group, at n/a, TIC 3.7584%.

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

F.A.: Speer Financial, Inc., Chicago, IL.

Other bidders were:

KeyBanc Cap Mkts, TIC 3.7619%

JPMorgan, TIC 3.77%

Baird, TIC 3.8336%

UMB Bank, TIC 3.8691%

Mesirow Financial, TIC 3.8906%

UBS Financial Svcs, TIC 3.905%


INDIANA

Plainfield (Town)

Nov 10, 2025 $5,930,000

General Obligation Bonds, Series 2025 (book entry).

Dated Dec 2, 2025.

Due Jul 1, 2026 to Jan 1, 2032.

Non-callable.

Winning bid: Huntington Secs, at 102.6430, NIC 3.2473%.

L.O.: Taft, Stettinius & Hollister LLP, Indianapolis, IN.

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

Other bidders were:

Baird, NIC 3.2587%

TD Financial, NIC 3.2923%

StoneX Fin Inc., NIC 3.2938%

KeyBanc Cap Mkts, NIC 3.3904%


IOWA

Rock Valley Community School District

Nov 10, 2025 $10,000,000

General Obligation School Bonds, Series 2026A (bank qualified) (book entry).

Dated Jan 6, 2026.

Due Jun 1, 2028 to 2046.

Callable Jun 1, 2031 at par.

Winning bid: Baird, at 101.0723, TIC 3.9424%.

Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., Davenport & Company LLC, SouthState | DuncanWilliams Securities Corp., The Baker Group, Oppenheimer & Co., Inc., Cadz Securities Inc,, Bernardi Securities, Inc., Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, FMSbonds, Inc., First Kentucky Securities Corp., Isaak Bond Investments, Inc., Midland Securities Ltd, First Southern LLC, Blaylock Van, LLC, Multi-Bank Securities Inc., Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., United Banker's Bank, A.G.P./Alliance Global Partners, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..

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

F.A.: Piper Sandler & Co, Des Moines, IA.

Other bidders were:

SAMCO Cap Mkts, TIC 3.9461%

BOK Fin Secs, TIC 3.9479%

Northland Securities, TIC 3.9484%

Hilltop Securities, TIC 4.0045%

TD Financial, TIC 4.1466%

KeyBanc Cap Mkts, TIC 4.2448%


NEW YORK

Frankfort Village

Nov 10, 2025 $1,005,000

Bond Anticipation Notes, 2025 (Renewals) (bank qualified).

Dated Nov 18, 2025.

Due Nov 18, 2026.

Purchased $1,005,000.00 by Bank of Greene Co, at 4.44%, effective rate 4.44%.

L.O.: Orrick, Herrington & Sutcliffe, New York, NY.

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


TEXAS

Fort Bend County Municipal Utility District No. 146

Nov 10, 2025 $2,000,000

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

Dated Dec 1, 2025.

Due Mar 1, 2026 to 2043.

Callable Mar 1, 2031 at par.

Winning bid: Baker Group, at 97.1671, NIC 3.9774%.

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 4.0186%

TD Financial, NIC 4.0292%

Raymond James, NIC 4.0505%

Fidelity Capital, NIC 4.0993%

Crews & Associates, NIC 4.1063%

SAMCO Cap Mkts, NIC 4.1367%

Hilltop Securities, NIC 4.1369%


Fort Bend County Municipal Utility District No. 146

Nov 10, 2025 $6,205,000

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

Dated Dec 1, 2025.

Due Mar 1, 2032 to 2043.

Callable Mar 1, 2031 at par.

Winning bid: Baker Group, at 97.1209, NIC 3.9413%.

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

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

Other bidders were:

Raymond James, NIC 4.0203%

Stifel Nicolaus, NIC 4.0283%

Baird, NIC 4.0328%

TD Financial, NIC 4.0403%

Hilltop Securities, NIC 4.1053%

Crews & Associates, NIC 4.1141%

SAMCO Cap Mkts, NIC 4.1344%

Fidelity Capital, NIC 4.1352%


Harris County Municipal Utility District No. 481

Nov 10, 2025 $5,000,000

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

Dated Dec 1, 2025.

Due Sep 1, 2027 to 2050.

Callable Sep 1, 2031 at par.

Winning bid: Baird, at 97.0000, NIC 4.4851%.

Other managers: CL King & Associates, Edward Jones, 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, Caldwell Sutter Capital, Inc..

L.O.: The Muller Law Group, Sugar Land, TX; and State Attorney General.

F.A.: Post Oak Municipal Advisors LLC, Houston, TX.

Other bidders were:

Raymond James, NIC 4.486%

SAMCO Cap Mkts, NIC 4.5298%

Stifel Nicolaus, NIC 4.5397%

Crews & Associates, NIC 4.5576%

Hilltop Securities, NIC 4.6012%


Harris County Municipal Utility District No.458

Nov 10, 2025 $3,510,000

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

Dated Dec 1, 2025.

Due Sep 1, 2027 to 2052.

Callable Sep 1, 2031 at par.

Winning bid: Fidelity Capital, at 97.0151, NIC 4.7372%.

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

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

Other bidders were:

SAMCO Cap Mkts, NIC 4.77%

Crews & Associates, NIC 4.791%

Baird, NIC 4.7992%

Hilltop Securities, NIC 4.8929%

Raymond James, NIC 4.9107%


TAXABLE ISSUES


MINNESOTA

Minnetonka (City)

Nov 10, 2025 $7,970,000

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

Dated Dec 2, 2025.

Due Feb 1, 2027 to 2046.

Callable Feb 1, 2035 at par.

Winning bid: Baird, at 99.9429, TIC 4.7437%.

Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Edward Jones, Northland Securities, Inc., Middlegate Securities, UMB Bank, N.A., Oppenheimer & Co., Inc., Cadz Securities Inc,, First Bankers' Banc Securities Inc., SouthState | DuncanWilliams Securities Corp., Bernardi Securities, Inc., Celadon Financial Group, LLC, BOK Financial Securities, A.G.P./Alliance Global Partners, First Kentucky Securities Corp., First Southern LLC, Midland Securities Ltd, 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.: Ehlers, Minneapolis, MN; and Ehlers, Waukesha, WI.

Other bidders were:

Piper Sandler, TIC 4.8079%


OKLAHOMA

Creek County Independent School District No. 31

Nov 10, 2025 $3,740,000

Combined Purpose Bonds of 2026 (Federally Taxable) (book entry).

Dated Jan 1, 2026.

Due Jan 1, 2028 to 2030.

Non-callable.

Winning bid: BOK Fin Secs, at n/a, NIC 4.0435%.

In association with: The American Heritage Bank.

L.O.: State Attorney General.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Northland Securities, NIC 4.0779%

Baker Group, NIC 4.2854%


Grady County Elementary School District No. 96 (Middleberg)

Nov 10, 2025 $675,000

Building Bonds of 2026 (Federally Taxable) (book entry).

Dated Jan 1, 2026.

Due Jan 1, 2028 to 2029.

Non-callable.

Winning bid: First Natl Bk & Tr, at n/a, NIC 4.4207%.

L.O.: State Attorney General.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Northland Securities, NIC 4.4486%

Exchange Bank, NIC 4.5%

Legacy Bank, NIC 4.75%