IOWA
Gilbert Community School District
Nov 17, 2025 $7,000,000
General Obligation School Bonds, Series 2025 (book entry).
Dated Dec 18, 2025.
Due Jun 1, 2026 to 2045.
Callable Jun 1, 2034 at par.
Winning bid: Baird, at 100.2321, TIC 4.1623%.
Other managers: CL King & Associates, Edward Jones, Colliers Securities LLC, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Oppenheimer & Co., Inc., Carty, Harding, & Hearn, Inc., Northland Securities, Inc., Cadz Securities Inc,, D.A. Davidson & Co., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, BOK Financial Securities, Midland Securities Ltd, FMSbonds, Inc., Isaak Bond Investments, Inc., Central States Capital Markets, LLC, First Southern LLC, Multi-Bank Securities Inc., Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, 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.
KANSAS
Girard (City)
Nov 17, 2025 $6,305,000
General Obligation Temporary Notes, Series 2025 (bank qualified) (book entry).
Dated Dec 16, 2025.
Due Aug 1, 2028.
Callable Aug 1, 2027 at par.
Winning bid: Baird, at 99.6960, TIC 3.2452%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Central States Capital Markets, LLC, SouthState | DuncanWilliams Securities Corp., Cadz Securities Inc,, Carty, Harding, & Hearn, Inc., A.G.P./Alliance Global Partners, Celadon Financial Group, LLC, Isaak Bond Investments, Inc., FMSbonds, Inc., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, Valdes & Moreno, Inc., Caldwell Sutter Capital, Inc..
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Stifel, Nicolaus & Co., Inc., Wichita, KS.
Other bidders were:
Northland Securities, TIC 3.301%
Loop Capital, TIC 3.3178%
Oppenheimer, TIC 3.6905%
KeyBanc Cap Mkts, TIC 3.8132%
Goodland (City)
Nov 17, 2025 $6,650,000
General Obligation Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 11, 2025.
Due Sep 1, 2026 to 2045.
Callable Sep 1, 2032 at par.
Winning bid: BOK Fin Secs, at 102.1131, TIC 3.7615%.
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Piper Sandler & Co., Leawood, KS.
Other bidders were:
Baird, TIC 3.7825%
Hilltop Securities, TIC 3.7854%
Northland Securities, TIC 3.817%
MINNESOTA
Bloomington (City)
Nov 17, 2025 $11,245,000
General Obligation Capital Improvement Plan Bonds, Series 2025E (book entry).
Dated Dec 17, 2025.
Due Feb 1, 2027 to 2046.
Callable Feb 1, 2035 at par.
Winning bid: UBS Financial Svcs, at 107.1471, TIC 3.6209%.
L.O.: Kutak Rock, Minneapolis, MN.
F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN.
Other bidders were:
Huntington Secs, TIC 3.6457%
Baird, TIC 3.6528%
Piper Sandler, TIC 3.6626%
Hilltop Securities, TIC 3.6658%
Raymond James, TIC 3.6748%
TD Financial, TIC 3.6792%
KeyBanc Cap Mkts, TIC 3.6886%
UMB Bank, TIC 3.7403%
Brownstone Inv Grp, TIC 3.7718%
Mesirow Financial, TIC 3.7879%
Buffalo (City)
Nov 17, 2025 $4,015,000
General Obligation Temporary Tax Abatement Bonds, Series 2025C (book entry).
Dated Dec 4, 2025.
Due Dec 1, 2028.
Callable Dec 1, 2026 at par.
Winning bid: Baird, at 99.4770, TIC 3.1767%.
Other managers: CL King & Associates, Colliers Securities LLC, Northland Securities, Inc., Crews & Associates, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Celadon Financial Group, LLC, Midland Securities Ltd, FMSbonds, Inc., Central States Capital Markets, LLC, First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.
F.A.: Ehlers, Minneapolis, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Piper Sandler, TIC 3.1862%
Oppenheimer, TIC 3.8642%
Buffalo (City)
Nov 17, 2025 $4,125,000
General Obligation Bonds, Series 2025B (book entry).
Dated Dec 4, 2025.
Due Feb 1, 2027 to 2041.
Callable Feb 1, 2035 at par.
Winning bid: Baird, at 109.8464, TIC 3.2702%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Northland Securities, Inc., Bernardi Securities, Inc., Crews & Associates, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Celadon Financial Group, LLC, BOK Financial Securities, Midland Securities Ltd, FMSbonds, Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.
F.A.: Ehlers, Minneapolis, MN; and Ehlers, Waukesha, WI.
Other bidders were:
TD Financial, TIC 3.315%
Brownstone Inv Grp, TIC 3.3345%
Fidelity Capital, TIC 3.3431%
OKLAHOMA
Broken Arrow (City)
Nov 17, 2025 $2,500,000
General Obligation Bonds, Series 2025B (book entry).
Dated Dec 1, 2025.
Due Dec 1, 2027 to 2035.
Non-callable.
Winning bid: TD Financial, at 103.8018, TIC 3.1108%.
L.O.: The Public Finance Law Group PLLC, Oklahoma City, OK; and State Attorney General.
F.A.: Municipal Finance Services, Inc., Edmond, OK.
TEXAS
Kaufman County Municipal Utility District No. 4
Nov 17, 2025 $4,410,000
Unlimited Tax Utility Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Mar 1, 2027 to 2050.
Callable Mar 1, 2031 at par.
Winning bid: Raymond James, at 98.0465, NIC 4.4688%.
L.O.: Coats Rose, P.C, Dallas, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Northland Securities, NIC 4.5201%
TD Financial, NIC 4.5669%
Crews & Associates, NIC 4.5676%
SAMCO Cap Mkts, NIC 4.5758%
Hilltop Securities, NIC 4.593%
Leander Municipal Utility District No. 1
Nov 17, 2025 $4,000,000
Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 18, 2025.
Due Aug 15, 2027 to 2050.
Callable Aug 15, 2031 at par.
Winning bid: Fidelity Capital, at 97.2613, NIC 4.5949%.
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Stifel Nicolaus, NIC 4.6039%
Baird, NIC 4.6194%
SAMCO Cap Mkts, NIC 4.627%
Hilltop Securities, NIC 4.637%
TD Financial, NIC 4.6654%
Raymond James, NIC 4.6701%
Leander Municipal Utility District No. 2
Nov 17, 2025 $5,745,000
Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 18, 2025.
Due Aug 15, 2028 to 2050.
Callable Aug 15, 2031 at par.
Winning bid: Stifel Nicolaus, at 97.0009, NIC 4.5752%.
Other managers: BOK Financial Securities.
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Baird, NIC 4.5757%
Fidelity Capital, NIC 4.5874%
Hilltop Securities, NIC 4.5973%
TD Financial, NIC 4.6145%
SAMCO Cap Mkts, NIC 4.6253%
Raymond James, NIC 4.6567%
North Hays County Municipal Utility District No. 2
Nov 17, 2025 $3,000,000
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: SAMCO Cap Mkts, at 97.0000, NIC 4.762%.
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, Austin, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Crews & Associates, NIC 4.7676%
Fidelity Capital, NIC 4.7756%
Raymond James, NIC 4.778%
Baird, NIC 4.7782%
Hilltop Securities, NIC 4.8413%
Tradition Municipal Utility District No. 2B
Nov 17, 2025 $7,530,000
Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2027 to 2050.
Callable Dec 1, 2031 at par.
Winning bid: TD Financial, at 97.0604, NIC 4.5378%.
L.O.: Allen Boone Humphries Robinson LLP, Dallas, TX; and State Attorney General.
F.A.: Baird, Irving, TX.
Other bidders were:
Northland Securities, NIC 4.5506%
Crews & Associates, NIC 4.5636%
Hilltop Securities, NIC 4.5863%
SAMCO Cap Mkts, NIC 4.6102%
Raymond James, NIC 4.6439%
D.A. Davidson, NIC 4.6449%
WISCONSIN
Palmyra Village
Nov 17, 2025 $5,880,000
General Obligation Promissory Notes, Series 2025A (bank qualified) (book entry).
Dated Dec 11, 2025.
Due Apr 1, 2026 to 2044.
Callable Apr 1, 2033 at par.
Winning bid: BOK Fin Secs, at 102.5465, TIC 3.8625%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Minneapolis, MN.
Other bidders were:
Baird, TIC 3.9073%
Northland Securities, TIC 3.974%
Hilltop Securities, TIC 4.1394%
Wisconsin Dells (City)
Nov 17, 2025 $1,780,000
Sewerage System Revenue Bonds (book entry).
Dated Dec 3, 2025.
Due May 1, 2027 to 2045.
Callable May 1, 2036 at par.
Winning bid: Baird, at 100.8551, TIC 4.3048%.
Other managers: CL King & Associates, Edward Jones, Colliers Securities LLC, Crews & Associates, Inc., Isaak Bond Investments, Inc., Northland Securities, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Midland Securities Ltd, BOK Financial Securities, Celadon Financial Group, LLC, FMSbonds, Inc., A.G.P./Alliance Global Partners, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Griggs Law Office LLC, Milwaukee, WI.
F.A.: Wisconsin Public Finance Professional, LLC, Brookfield, WI.
Other bidders were:
FHN Fin Cap Mkts, TIC 4.5475%
TAXABLE ISSUES
ILLINOIS
Schaumburg Community Consolidated School District No. 54
Nov 17, 2025 $20,100,000
Taxable General Obligation Limited School Bonds, Series 2025A (book entry).
Dated Dec 8, 2025.
Due Dec 15, 2026 to 2028.
Non-callable.
Winning bid: Baird, at 100.1479, TIC 3.9037%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Edward Jones, Middlegate Securities, Oppenheimer & Co., Inc., Cadz Securities Inc,, SouthState | DuncanWilliams Securities Corp., Bernardi Securities, Inc., Isaak Bond Investments, Inc., Celadon Financial Group, LLC, BOK Financial Securities, FMSbonds, Inc., A.G.P./Alliance Global Partners, First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Blaylock Van, LLC, Carty, Harding, & Hearn, Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Wells Fargo Corp, TIC 3.928%
Raymond James, TIC 3.9723%
Piper Sandler, TIC 3.9946%
Northland Securities, TIC 4.0379%
KeyBanc Cap Mkts, TIC 4.3647%
WISCONSIN
East Troy Village
Nov 17, 2025 $2,435,000
Taxable General Obligation Promissory Notes, Series 2025B (book entry).
Dated Dec 10, 2025.
Due May 1, 2028 to 2039.
Callable May 1, 2034 at par.
Winning bid: BOK Fin Secs, at 100.5844, TIC 4.5778%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Minneapolis, MN.
Other bidders were:
Hilltop Securities, TIC 4.6219%
Baird, TIC 4.6346%
Piper Sandler, TIC 4.6654%
Northland Securities, TIC 4.6781%