GEORGIA
Decatur (City)
Nov 17, 2025 $18,395,000
General Obligation Refunding Bonds,Series 2025 (book entry).
Dated Dec 18, 2025.
Due Aug 1, 2026 to 2032.
Non-callable.
Winning bid: FHN Fin Cap Mkts, at 107.4846, TIC 2.5087%.
L.O.: Murray Barnes Finister LLP, Atlanta, GA.
F.A.: Davenport & Company LLC, Atlanta, GA.
Other bidders were:
Huntington Secs, TIC 2.5098%
Truist Secs, Inc., TIC 2.5127%
Janney Montgomery, TIC 2.5135%
BofA Securities, TIC 2.514%
KeyBanc Cap Mkts, TIC 2.5166%
TD Financial, TIC 2.5174%
UBS Financial Svcs, TIC 2.52%
Loop Capital, TIC 2.5205%
TRB Cap Mkts, TIC 2.5221%
Fidelity Capital, TIC 2.5241%
Hilltop Securities, TIC 2.5274%
Baker Group, TIC 2.5289%
Wells Fargo Corp, TIC 2.5304%
UMB Bank, TIC 2.5306%
Jefferies, TIC 2.5308%
Mesirow Financial, TIC 2.5328%
Baird, TIC 2.5529%
BNY Mellon Cap Mkts, TIC 2.5612%
StoneX Fin Inc., TIC 2.5655%
ILLINOIS
Cary Park District
Nov 18, 2025 $880,395
General Obligation Limited Tax Park Bonds, Series 2025 (bank qualified).
Dated Dec 4, 2025.
Due Nov 1, 2026.
Purchased $880,395.00 by Time Bank, at 3.11%, effective rate 3.11%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Wintrust Bank, Effective Rate 3.12%
First Secure Comm Bk, Effective Rate 3.47%
Peoples Natl Bk, Effective Rate 3.73%
Foss Park District
Nov 18, 2025 $447,835
General Obligation Limited Tax Park Bonds, Series 2025 (bank qualified).
Dated Dec 3, 2025.
Due Nov 15, 2026.
Non-callable.
Winning bid: Republic Bk- Chicago, at n/a, NIC 3.03%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Wintrust Bank, NIC 3.08%
Time Bank, NIC 3.15%
First Secure Comm Bk, NIC 3.47%
Peoples Natl Bk, NIC 3.73%
Illinois
Nov 18, 2025 $150,000,000
Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series B of December 2025 (book entry).
Dated Dec 11, 2025.
Due Jun 15, 2036 to 2040.
Callable Jun 15, 2035 at par.
Winning bid: RBC Capital Mkts, at 111.1266, TIC 3.8671%.
L.O.: Katten Muchin Rosenman LLP, Chicago, IL; and Charity & Associates, Chicago, IL.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Morgan Stanley, TIC 3.8907%
PNC Capital Markets, TIC 3.9014%
BofA Securities, TIC 3.9041%
Wells Fargo Corp, TIC 3.922%
Jefferies, TIC 3.9256%
JPMorgan, TIC 3.9266%
Barclays Capital, TIC 3.9462%
Goldman Sachs, TIC 3.9517%
Huntington Secs, TIC 3.9793%
Oppenheimer, TIC 3.9998%
Schaumburg Community Consolidated School District No. 54
Nov 17, 2025 $27,730,000
General Obligation Limited School Bonds, Series 2025B (book entry).
Dated Dec 8, 2025.
Due Dec 15, 2028 to 2030.
Non-callable.
Winning bid: Jefferies, at 108.9663, TIC 2.6986%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Wells Fargo Corp, TIC 2.766%
TD Financial, TIC 2.7664%
Hilltop Securities, TIC 2.8887%
KeyBanc Cap Mkts, TIC 2.9189%
Baird, TIC 2.973%
Wheaton Park District
Nov 18, 2025 $2,235,117
General Obligation Limited Tax Park Bonds, Series 2025 (bank qualified).
Dated Dec 4, 2025.
Due Nov 1, 2026.
Purchased $2,235,117.00 by Time Bank, at 3.0%, effective rate 3.0%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Republic Bk- Chicago, Effective Rate 3.03%
Wintrust Bank, Effective Rate 3.09%
BMO Harris Bank, Effective Rate 3.43%
First Secure Comm Bk, Effective Rate 3.47%
Peoples Natl Bk, Effective Rate 3.68%
INDIANA
Warrick County School Corporation
Nov 18, 2025 $17,000,000
General Obligation Bonds of 2025 (Indiana State Aid Intercept Program) (book entry).
Dated Dec 10, 2025.
Due Jul 15, 2027 to Jan 15, 2031.
Non-callable.
Winning bid: Hilltop Securities, at 107.2315, NIC 2.9346%.
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
TD Financial, NIC 2.9921%
KeyBanc Cap Mkts, NIC 3.0236%
Baird, NIC 3.0722%
Huntington Secs, NIC 3.1248%
IOWA
Lansing (City)
Nov 17, 2025 $805,000
General Obligation Corporate Purpose Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 16, 2025.
Due Jun 1, 2027 to 2036.
Callable Jun 1, 2033 at par.
Winning bid: Bankers' Bank, at n/a, TIC 3.4737%.
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Speer Financial, Inc., Waterloo, IA; and Speer Financial, Inc., Chicago, IL.
Other bidders were:
UMB Bank, TIC 3.8956%
Northland Securities, TIC 4.006%
Bernardi Securities, TIC 4.1527%
KANSAS
Hutchinson (City)
Nov 18, 2025 $10,960,000
General Obligation Temporary Notes, Series 2025-D (book entry).
Dated Dec 11, 2025.
Due Oct 1, 2028.
Callable Oct 1, 2026 at par.
Winning bid: Baird, at 100.0000, TIC 3.3763%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Davenport & Company LLC, Northland Securities, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Central States Capital Markets, LLC, Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Blaylock Van, LLC.
L.O.: Kutak Rock, Kansas City, MO.
F.A.: Piper Sandler & Co., Leawood, KS.
Other bidders were:
Oppenheimer, TIC 3.4297%
KeyBanc Cap Mkts, TIC 3.4987%
Overland Park (City)
Nov 17, 2025 $28,015,000
Internal Improvement Bonds, Series 2025A (General Obligations Payable from Unlimited Ad Valorem Taxes) (book entry).
Dated Dec 17, 2025.
Due Sep 1, 2026 to 2045.
Callable Sep 1, 2035 at par.
Winning bid: Janney Montgomery, at 109.9276, TIC 3.1758%.
L.O.: Kutak Rock, Kansas City, MO.
F.A.: PFM Financial Advisors LLC, Minneapolis, MN.
Other bidders were:
Huntington Secs, TIC 3.1789%
Piper Sandler, TIC 3.1906%
UBS Financial Svcs, TIC 3.196%
JPMorgan, TIC 3.198%
Wells Fargo Corp, TIC 3.198%
KeyBanc Cap Mkts, TIC 3.2016%
Hilltop Securities, TIC 3.2025%
Baird, TIC 3.204%
TD Financial, TIC 3.2114%
Fidelity Capital, TIC 3.2145%
Baker Group, TIC 3.2157%
Mesirow Financial, TIC 3.2499%
Truist Secs, Inc., TIC 3.2896%
KENTUCKY
Georgetown (City)
Nov 18, 2025 $69,325,000
Water and Sewer Revenue and Revenue Refunding Bonds, 2025 Series A (book entry).
Dated Dec 9, 2025.
Due Dec 1, 2026 to 2055.
Callable Dec 1, 2035 at par.
Winning bid: BofA Securities, at 103.7039, TIC 4.2368%.
L.O.: Dinsmore Shohl LLP, Lousville, KY.
F.A.: Baird, Louisville, KY.
Other bidders were:
Mesirow Financial, TIC 4.2592%
Wells Fargo Corp, TIC 4.2623%
TD Financial, TIC 4.2766%
Jefferies, TIC 4.289%
UBS Financial Svcs, TIC 4.2907%
Huntington Secs, TIC 4.3265%
Morgan Stanley, TIC 4.3282%
Hilltop Securities, TIC 4.3488%
KeyBanc Cap Mkts, TIC 4.3804%
Nicholasville (City)
Nov 18, 2025 $14,685,000
General Obligation Bonds, Series 2025A (book entry).
Dated Dec 11, 2025.
Due Apr 1, 2026 to 2045.
Callable Oct 1, 2033 at par.
Winning bid: Baker Group, at 104.6911, TIC 3.7751%.
L.O.: Dinsmore & Shohl LLP, Lexington, KY.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
Baird, TIC 3.8062%
KeyBanc Cap Mkts, TIC 3.8325%
Carty, Harding, TIC 3.9447%
MARYLAND
Charles County Commissioners
Nov 18, 2025 $68,825,000
General Obligation Consolidated Public Improvement Bonds of 2025 (book entry).
Dated Dec 3, 2025.
Due Oct 1, 2026 to 2055.
Callable Oct 1, 2035 at par.
Winning bid: Piper Sandler, at 109.3562, TIC 3.4989%.
L.O.: McGuireWoods LLP, Baltimore, MD.
F.A.: Davenport & Company LLC, Towson, MD.
Other bidders were:
UBS Financial Svcs, TIC 3.5125%
Baird, TIC 3.5138%
Raymond James, TIC 3.5277%
Wells Fargo Corp, TIC 3.53%
Mesirow Financial, TIC 3.53%
RBC Capital Mkts, TIC 3.5302%
JPMorgan, TIC 3.5379%
Hilltop Securities, TIC 3.5396%
KeyBanc Cap Mkts, TIC 3.5408%
BofA Securities, TIC 3.541%
MASSACHUSETTS
Carlisle (Town)
Nov 18, 2025 $5,000,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Dec 19, 2025.
Due Dec 18, 2026.
Purchased $5,000,000.00 by Truist Secs, Inc., at 3.5%, plus $39,800.00, effective rate 2.7018%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Jefferies, Effective Rate 2.7856%
Fidelity Capital, Effective Rate 2.8358%
Oppenheimer, Effective Rate 2.8749%
TD Financial, Effective Rate 2.8749%
Hilltop Securities, Effective Rate 2.8992%
Cotuit Fire District
Nov 18, 2025 $12,100,000
General Obligation Bond Anticipation Notes (book entry).
Dated Dec 4, 2025.
Due Dec 4, 2026.
Purchased $12,100,000.00 by BNY Mellon Cap Mkts, at 4.0%, plus $154,883.63, effective rate 2.72%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Jefferies, Effective Rate 2.766%
Oppenheimer, Effective Rate 2.826%
TD Financial, Effective Rate 2.852%
Fidelity Capital, Effective Rate 2.935%
Scituate (Town)
Nov 18, 2025 $33,055,000
General Obligation Municipal Purpose Loan of 2025 Bonds (book entry).
Dated Dec 18, 2025.
Due Dec 15, 2026 to 2045.
Callable Dec 15, 2034 at par.
Winning bid: Huntington Secs, at 109.0976, TIC 3.2345%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Janney Montgomery, TIC 3.2646%
UBS Financial Svcs, TIC 3.278%
Baird, TIC 3.2815%
Raymond James, TIC 3.284%
FHN Fin Cap Mkts, TIC 3.3014%
Mesirow Financial, TIC 3.3048%
KeyBanc Cap Mkts, TIC 3.3052%
BofA Securities, TIC 3.317%
Piper Sandler, TIC 3.3179%
Wells Fargo Corp, TIC 3.3462%
MINNESOTA
Nowthen (City)
Nov 18, 2025 $1,250,000
General Obligation Bonds, Series 2025A (bank qualified) (book entry).
Dated Dec 10, 2025.
Due Feb 1, 2027 to 2036.
Callable Feb 1, 2034 at par.
Winning bid: Baird, at 109.7623, TIC 2.9603%.
Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, Celadon Financial Group, LLC, Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., United Banker's Bank, Midland Securities Ltd, First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Valdes & Moreno, 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:
Brownstone Inv Grp, TIC 3.0281%
TD Financial, TIC 3.0698%
Northland Securities, TIC 3.0829%
Raymond James, TIC 3.0913%
Stifel Nicolaus, TIC 3.145%
MISSOURI
Missouri Highways and Transportation Commission
Nov 18, 2025 $481,780,000
State Appropriations Mega Projects State Road Bonds, Series A 2025 (book entry).
Dated Dec 16, 2025.
Due May 1, 2027 to 2031.
Non-callable.
Winning bid: Wells Fargo Corp, at 107.4948, TIC 2.568%.
L.O.: Gilmore & Bell, P.C., Kansas City, MO.
F.A.: PFM Financial Advisors LLC, Des Moines, IA.
Other bidders were:
BofA Securities, TIC 2.5821%
Morgan Stanley, TIC 2.6022%
Truist Secs, Inc., TIC 2.6223%
JPMorgan, TIC 2.6445%
NEW JERSEY
Glen Rock Borough Board of Education
Nov 18, 2025 $18,935,000
Refunding School Bonds, Series 2025 (New Jersey School Bond Reserve Act, 1980 N,J. Laws c. 72, as amended) (book entry).
Dated Dec 9, 2025.
Due Sep 1, 2026 to 2033.
Non-callable.
Winning bid: UMB Bank, at 106.5634, TIC 2.4037%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
TD Financial, TIC 2.4045%
Raymond James, TIC 2.4233%
Loop Capital, TIC 2.4298%
RBC Capital Mkts, TIC 2.4305%
Brownstone Inv Grp, TIC 2.4352%
UBS Financial Svcs, TIC 2.4354%
PNC Capital Markets, TIC 2.4363%
Huntington Secs, TIC 2.4496%
Piper Sandler, TIC 2.4525%
Janney Montgomery, TIC 2.4531%
StoneX Fin Inc., TIC 2.4656%
BNY Mellon Cap Mkts, TIC 2.5051%
Mesirow Financial, TIC 2.5207%
Baird, TIC 2.5272%
Roosevelt & Cross, TIC 2.5338%
Jefferies, TIC 2.606%
NEW YORK
Boght Community Fire District
Nov 17, 2025 $996,409
Fire District (Serial) Bonds, 2025 (bank qualified).
Dated Nov 25, 2025.
Due Nov 15, 2026 to 2034.
Callable Nov 15, 2033 at par.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.7458%.
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, NIC 3.95%
Hastings (Town)
Nov 18, 2025 $330,000
Public Improvement (Serial) Bonds, 2025 (bank qualified).
Dated Dec 4, 2025.
Due Dec 1, 2026 to 2030.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, NIC 3.6801%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.7027%
Middletown City School District
Nov 18, 2025 $36,937,489
Bond Anticipation Notes, 2025.
Dated Dec 3, 2025.
Due Dec 2, 2026.
Purchased $36,937,489.00 by TD Financial, at 3.25%, plus $243,418.05, effective rate 2.5891%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Jefferies, Effective Rate 2.6767%
BNY Mellon Cap Mkts, Effective Rate 2.745%
Oppenheimer, Effective Rate 2.8216%
Montgomery County
Nov 18, 2025 $64,000
Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Dec 4, 2025.
Due Dec 4, 2026.
Purchased $64,000.00 by NBT Bank, at 3.6%, effective rate 3.6%.
L.O.: Roemer, Wallens & Mineaux, LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.75%
Romulus (Town)
Nov 18, 2025 $945,000
Bond Anticipation Notes, 2025 (Renewal) (bank qualified).
Dated Dec 3, 2025.
Due Dec 3, 2026.
Purchased $945,000.00 by Bank of Greene Co, at 3.79%, effective rate 3.79%.
L.O.: Timothy R. McGill, Esq., Fairport, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
Janney Montgomery, Effective Rate 4.153%
Roosevelt & Cross, Effective Rate 4.375%
Five Star Bnk, Effective Rate 4.55%
NORTH CAROLINA
Winston-Salem (City)
Nov 18, 2025 $65,025,000
Water and Sewer System Revenue Bonds Series 2025 (book entry).
Dated Dec 3, 2025.
Due Jun 1, 2026 to 2045.
Callable Jun 1, 2035 at par.
Winning bid: Baird, at 108.0656, TIC 3.5446%.
Other managers: Davenport & Company LLC, CL King & Associates, Crews & Associates, Inc., Edward Jones, Bernardi Securities, Inc., BOK Financial Securities, Stifel, Nicolaus & Co., Inc., SouthState | DuncanWilliams Securities Corp., Northland Securities, Inc., Oppenheimer & Co., Inc., Bank of New York Mellon Capital Markets, LLC, Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Celadon Financial Group, LLC, Midland Securities Ltd, FMSbonds, Inc., First Southern LLC, Middlegate Securities, A.G.P./Alliance Global Partners, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., InspereX LLC, First Bankers' Banc Securities Inc., Commerce Brokerage Services Inc, Blaylock Van, LLC, Falcon Square Capital, ZIONS BANK division of ZB, N.A..
L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Raleigh, NC.
F.A.: First Tryon Advisors, LLC, Annapolis, MD; Local Government Commission, Raleigh, NC; and First Tryon Advisors, Charlotte, NC.
Other bidders were:
Wells Fargo Corp, TIC 3.567%
Hilltop Securities, TIC 3.5685%
Morgan Stanley, TIC 3.5883%
TD Financial, TIC 3.5913%
KeyBanc Cap Mkts, TIC 3.5981%
Jefferies, TIC 3.5985%
BofA Securities, TIC 3.5987%
Truist Secs, Inc., TIC 3.6039%
JPMorgan, TIC 3.6156%
Huntington Secs, TIC 3.6192%
PNC Capital Markets, TIC 3.6286%
FHN Fin Cap Mkts, TIC 3.6345%
NORTH DAKOTA
Fargo (City)
Nov 17, 2025 $54,765,000
Refunding Improvement Bonds, Series 2025D (book entry).
Dated Dec 11, 2025.
Due May 1, 2027 to 2051.
Callable May 1, 2035 at par.
Winning bid: TRB Cap Mkts, at 103.3240, TIC 4.0629%.
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN.
Other bidders were:
Baird, TIC 4.0738%
KeyBanc Cap Mkts, TIC 4.0898%
BofA Securities, TIC 4.0992%
Piper Sandler, TIC 4.109%
Truist Secs, Inc., TIC 4.1353%
TD Financial, TIC 4.1367%
JPMorgan, TIC 4.1923%
Jefferies, TIC 4.2062%
Wells Fargo Corp, TIC 4.219%
Mesirow Financial, TIC 4.2524%
Morgan Stanley, TIC 4.2647%
OKLAHOMA
Broken Arrow (City)
Nov 17, 2025 $14,500,000
General Obligation Bonds, Series 2025A (book entry).
Dated Dec 1, 2025.
Due Dec 1, 2027 to 2045.
Callable Dec 1, 2035 at par.
Winning bid: TD Financial, at 103.5814, TIC 3.6697%.
L.O.: The Public Finance Law Group PLLC, Oklahoma City, OK; and State Attorney General.
F.A.: Municipal Finance Services, Inc., Edmond, OK.
Other bidders were:
KeyBanc Cap Mkts, TIC 3.6829%
PNC Capital Markets, TIC 3.7277%
Northland Securities, TIC 3.7952%
TENNESSEE
Maury County
Nov 18, 2025 $27,645,000
General Obligation Public Improvement Bonds, Series 2025A (ULT) (book entry).
Dated Dec 4, 2025.
Due Apr 1, 2026 to 2046.
Callable Apr 1, 2034 at par.
Winning bid: Huntington Secs, at 105.6983, TIC 3.6787%.
L.O.: Bass, Berry & Sims PLC, Nashville, TN.
F.A.: Stephens Inc., Nashville, TN.
Other bidders were:
Piper Sandler, TIC 3.681%
Baird, TIC 3.6874%
Hilltop Securities, TIC 3.6938%
BofA Securities, TIC 3.6969%
Morgan Stanley, TIC 3.7153%
UBS Financial Svcs, TIC 3.7263%
Mesirow Financial, TIC 3.7513%
KeyBanc Cap Mkts, TIC 3.7547%
StoneX Fin Inc., TIC 3.7699%
Truist Secs, Inc., TIC 3.7757%
TD Financial, TIC 3.794%
TEXAS
LaSalle Municipal Utility District No. 1
Nov 18, 2025 $9,200,000
Unlimited Tax Utility Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Apr 1, 2028 to 2055.
Callable Apr 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0017, NIC 4.7632%.
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.: Winstead PC, Austin, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
Baird, NIC 4.7725%
RBC Capital Mkts, NIC 4.836%
Hilltop Securities, NIC 4.8642%
Raymond James, NIC 4.8729%
Denton County Municipal Utility District No. 16
Nov 18, 2025 $8,350,000
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: SAMCO Cap Mkts, at 97.0103, NIC 4.8084%.
L.O.: Coats Rose, P.C, Dallas, TX; and State Attorney General.
F.A.: Baird, Irving, TX.
Other bidders were:
Hilltop Securities, NIC 4.8927%
Fort Bend County Municipal Utility District No. 199
Nov 18, 2025 $2,365,000
Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 18, 2025.
Due Sep 1, 2027 to 2051.
Callable Sep 1, 2031 at par.
Winning bid: Hilltop Securities, at 97.3709, NIC 4.9728%.
Other managers: FMSbonds, Inc..
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: RBC Capital Markets, Houston, TX.
Other bidders were:
Crews & Associates, NIC 4.9885%
SAMCO Cap Mkts, NIC 5.0127%
GMS Group, NIC 5.0425%
Harris County Improvement District No. 14
Nov 18, 2025 $10,000,000
Unlimited Tax Bonds, Series 2025A (book entry).
Dated Dec 1, 2025.
Due May 1, 2029 to 2053.
Callable May 1, 2032 at par.
Winning bid: SAMCO Cap Mkts, at 97.0030, NIC 4.7626%.
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:
Crews & Associates, NIC 4.7693%
Baird, NIC 4.7897%
Hilltop Securities, NIC 4.8492%
Montgomery County Municipal Utility District No. 170
Nov 18, 2025 $15,675,000
Contract Revenue Bonds (Water, Sewer and Drainage Facilities), Series 2025 (book entry).
Dated Dec 1, 2025.
Due Dec 1, 2027 to 2052.
Callable Dec 1, 2031 at par.
Winning bid: Baird, at 97.0000, NIC 4.6797%.
Other managers: CL King & Associates, Northland Securities, Inc., Celadon Financial Group, LLC, First Southern LLC, Multi-Bank Securities Inc., Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc., BOK Financial Securities.
L.O.: The Muller Law Group, Sugar Land, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.6843%
D.A. Davidson, NIC 4.7324%
Crews & Associates, NIC 4.7508%
Montgomery County Municipal Utility District No. 224
Nov 18, 2025 $3,400,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Apr 1, 2028 to 2052.
Callable Apr 1, 2031 at par.
Winning bid: Hilltop Securities, at 97.0000, NIC 4.9473%.
Other managers: FMSbonds, Inc..
L.O.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 4.9639%
SAMCO Cap Mkts, NIC 4.9859%
Porter Municipal Utility District
Nov 18, 2025 $3,300,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Mar 1, 2027 to 2054.
Callable Sep 1, 2031 at par.
Winning bid: Fidelity Capital, at 97.0578, NIC 4.8987%.
L.O.: Young & Brooks, Houston, TX; and State Attorney General.
F.A.: Blitch Associates, Inc., Houston, TX.
Other bidders were:
Baird, NIC 4.9153%
SAMCO Cap Mkts, NIC 4.9473%
Seabrook (City)
Nov 18, 2025 $3,965,000
General Obligation Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2027 to 2050.
Callable Sep 1, 2035 at par.
Winning bid: Baird, at 102.5252, TIC 3.9131%.
Other managers: CL King & Associates, Edward Jones, Northland Securities, Inc., Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, Celadon Financial Group, LLC, FMSbonds, Inc., First Kentucky Securities Corp., Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Orrick, Herrignton & Sutcliffe, Houston, TX; and State Attorney General.
F.A.: BOK Financial Securities, Houston, TX.
Other bidders were:
Baker Group, TIC 3.9452%
Hilltop Securities, TIC 3.9527%
Raymond James, TIC 4.0605%
Stifel Nicolaus, TIC 4.0774%
Crews & Associates, TIC 4.1058%
Tradition Municipal Utilit District No. 1
Nov 18, 2025 $6,755,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2027 to 2050.
Callable Dec 1, 2031 at par.
Winning bid: Northland Securities, at 97.0000, NIC 4.6299%.
Other managers: Celadon Financial Group, LLC, CL King & Associates.
L.O.: Allen Boone Humphries Robinson LLP, Dallas, TX; and State Attorney General.
F.A.: Baird, Irving, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.6434%
Crews & Associates, NIC 4.644%
D.A. Davidson, NIC 4.6518%
Hilltop Securities, NIC 4.7312%
Tradition Municipal Utilit District No. 1
Nov 18, 2025 $6,990,000
Unlimited Tax Road Bonds, Series 2025 (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2027 to 2050.
Callable Dec 1, 2031 at par.
Winning bid: Northland Securities, at 97.0000, NIC 4.6298%.
Other managers: Celadon Financial Group, LLC, CL King & Associates.
L.O.: Allen Boone Humphries Robinson LLP, Dallas, TX; and State Attorney General.
F.A.: Baird, Irving, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.6437%
D.A. Davidson, NIC 4.653%
Crews & Associates, NIC 4.6761%
Hilltop Securities, NIC 4.7252%
Williamson County Municipal Utility District No. 19F
Nov 18, 2025 $3,260,000
Unlimited Tax Bonds, Series 2025A (book entry).
Dated Dec 11, 2025.
Due Aug 15, 2027 to 2055.
Callable Aug 15, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.0021, NIC 4.7932%.
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.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Baird, NIC 4.8108%
Hilltop Securities, NIC 4.9226%
Williamson County Municipal Utility District No. 25
Nov 18, 2025 $10,500,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Dec 18, 2025.
Due Aug 15, 2027 to 2050.
Callable Aug 15, 2031 at par.
Winning bid: Raymond James, at 97.7714, NIC 4.5097%.
Other managers: Fidelity Capital Markets.
L.O.: Allen Boone Humphries Robinson LLP, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Baird, NIC 4.5204%
SAMCO Cap Mkts, NIC 4.5899%
Hilltop Securities, NIC 4.6036%
TD Financial, NIC 4.633%
VIRGINIA
Farmville (Town)
Nov 18, 2025 $14,675,000
General Obligation Bonds,Series 2025 (Virginia State Aid Intercept Program) (book entry).
Dated Dec 9, 2025.
Due Oct 1, 2027 to 2050.
Callable Oct 1, 2035 at par.
Winning bid: Baird, at 104.6592, TIC 3.91%.
Other managers: CL King & Associates, Edward Jones, Stifel, Nicolaus & Co., Inc., Crews & Associates, Inc., Southwest Securities, Inc., Oppenheimer & Co., Inc., Northland Securities, Inc., Bank of New York Mellon Capital Markets, LLC, Celadon Financial Group, LLC, Cadz Securities Inc,, Bernardi Securities, Inc., Carty, Harding, & Hearn, Inc., BOK Financial Securities, Midland Securities Ltd, A.G.P./Alliance Global Partners, FMSbonds, Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., First Bankers' Banc Securities Inc., Blaylock Van, LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Haneberg Hurlbert PLC, Richmond, VA.
F.A.: Davenport & Company LLC, Richmond, VA.
Other bidders were:
Wells Fargo Corp, TIC 3.9434%
KeyBanc Cap Mkts, TIC 3.9801%
Fidelity Capital, TIC 4.0991%
WISCONSIN
Greendale Village
Nov 18, 2025 $3,445,000
General Obligation Promissory Notes, Series 2025A (bank qualified) (book entry).
Dated Dec 10, 2025.
Due May 1, 2026 to 2040.
Callable May 1, 2034 at par.
Winning bid: Northland Securities, at 107.0000, TIC 3.281%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Minneapolis, MN.
Other bidders were:
BOK Fin Secs, TIC 3.3344%
Baird, TIC 3.3684%
Raymond James, TIC 3.3777%
TAXABLE ISSUES
MINNESOTA
Eagan (City)
Nov 18, 2025 $1,315,000
Taxable General Obligation Housing Improvement Area Bonds, Series 2025B (book entry).
Dated Dec 16, 2025.
Due Feb 1, 2027 to 2046.
Callable Feb 1, 2033 at par.
Winning bid: Baird, at 98.7340, TIC 4.8233%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Edward Jones, Cadz Securities Inc,, Isaak Bond Investments, Inc., Celadon Financial Group, LLC, BOK Financial Securities, A.G.P./Alliance Global Partners, 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.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Northland Securities, Inc., Minneapolis, MN.
Other bidders were:
Piper Sandler, TIC 4.8582%
Bernardi Securities, TIC 5.0224%
Hilltop Securities, TIC 5.1222%
NEW YORK
Ellenville Central School District
Nov 18, 2025 $560,000
Bond Anticipation Notes – 2025 (Federally Taxable).
Dated Dec 2, 2025.
Due Dec 2, 2026.
Purchased $560,000.00 by Bank of Greene Co, at 4.25%, effective rate 4.25%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: R.G. Timbs, Inc, New Hartford, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 4.5461%
M & T Bank, Effective Rate 4.66%
Oppenheimer, Effective Rate 4.7188%
Piper Sandler, Effective Rate 4.842%
OKLAHOMA
Independent School District No. 48 of Bryan County (Calera)
Nov 17, 2025 $875,000
Combined Purpose Bonds of 2026 (Federally Taxable) (book entry).
Dated Jan 1, 2026.
Due Jan 1, 2028 to 2029.
Non-callable.
Winning bid: Northland Securities, at n/a, NIC 3.9595%.
In association with: First United Bank.
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Baker Group, NIC 4.0696%
BOK Fin Secs, NIC 4.2912%
Exchange Bank, NIC 4.3687%