CONNECTICUT
Norfolk (Town)
Nov 19, 2025 $4,000,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Dec 3, 2025.
Due Sep 2, 2026.
Purchased $4,000,000.00 by Piper Sandler, at 3.5%, plus $15,400.00, effective rate 2.9848%.
L.O.: Shipman & Goodwin, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
Oppenheimer, Effective Rate 3.0431%
M & T Bank, Effective Rate 3.57%
GEORGIA
Columbia County School District
Nov 18, 2025 $180,000,000
General Obligation Bonds, Series 2025 (book entry).
Dated Dec 9, 2025.
Due Oct 1, 2027 to 2045.
Callable Oct 1, 2035 at par.
Winning bid: BofA Securities, at 107.9495, TIC 3.791%.
L.O.: Butler Snow, LLP, Atlanta, GA.
F.A.: K-12 Capital Advisors LLC, Atlanta, GA.
Other bidders were:
JPMorgan, TIC 3.7985%
Morgan Stanley, TIC 3.803%
Wells Fargo Corp, TIC 3.807%
Jefferies, TIC 3.8126%
Baird, TIC 3.9009%
Fulton County
Nov 19, 2025 $192,050,000
Water and Sewerage Revenue Refunding Bonds, Series 2025 (book entry).
Dated Dec 11, 2025.
Due Jan 1, 2027 to 2035.
Non-callable.
Winning bid: BofA Securities, at 113.2800, TIC 2.6311%.
L.O.: McGuireWoods LLP, Atlanta, GA.
F.A.: Raymond James & Associates, Inc., Atlanta, GA.
Other bidders were:
Morgan Stanley, TIC 2.6622%
Truist Secs, Inc., TIC 2.6631%
Barclays Capital, TIC 2.6724%
JPMorgan, TIC 2.6738%
TD Financial, TIC 2.6776%
Jefferies, TIC 2.6916%
Mesirow Financial, TIC 2.7283%
Huntington Secs, TIC 2.7636%
ILLINOIS
Illinois
Nov 18, 2025 $150,000,000
Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series C of December 2025 (book entry).
Dated Dec 11, 2025.
Due Jun 15, 2041 to 2045.
Callable Jun 15, 2035 at par.
Winning bid: JPMorgan, at 106.0843, TIC 4.4935%.
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:
BofA Securities, TIC 4.5057%
Jefferies, TIC 4.5165%
Wells Fargo Corp, TIC 4.522%
Morgan Stanley, TIC 4.5331%
Hilltop Securities, TIC 4.5342%
Barclays Capital, TIC 4.5454%
Goldman Sachs, TIC 4.5481%
Truist Secs, Inc., TIC 4.5514%
PNC Capital Markets, TIC 4.5528%
Huntington Secs, TIC 4.6738%
Illinois
Nov 18, 2025 $300,000,000
Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series A of December 2025 (book entry).
Dated Dec 11, 2025.
Due Jun 15, 2026 to 2035.
Non-callable.
Winning bid: JPMorgan, at 108.9162, TIC 3.0237%.
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 3.0276%
RBC Capital Mkts, TIC 3.0338%
TD Financial, TIC 3.0338%
BofA Securities, TIC 3.034%
Jefferies, TIC 3.0372%
Wells Fargo Corp, TIC 3.063%
Barclays Capital, TIC 3.0671%
Goldman Sachs, TIC 3.0764%
Huntington Secs, TIC 3.1189%
Truist Secs, Inc., TIC 3.1225%
Vernon Hills Park District
Nov 19, 2025 $1,274,375
General Obligation Limited Tax Park Bonds, Series 2025 (bank qualified).
Dated Dec 4, 2025.
Due Dec 1, 2026.
Non-callable.
Winning bid: Republic Bk- Chicago, at n/a, NIC 2.99%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Time Bank, NIC 3.03%
Wintrust Bank, NIC 3.15%
BMO Harris Bank, NIC 3.38%
First Secure Comm Bk, NIC 3.47%
Peoples Natl Bk, NIC 3.88%
INDIANA
Connersville Middle School Building Corporation
Nov 19, 2025 $11,040,000
Ad Valorem Property Tax First Mortgage Bonds, Series 2025 (Indiana State Aid Intercept Program) (book entry).
Dated Dec 11, 2025.
Due Jul 15, 2026 to Jan 15, 2045.
Callable Jul 15, 2035 at par.
Winning bid: Baird, at 104.4895, TIC 3.8646%.
Other managers: CL King & Associates, Edward Jones, Bernardi Securities, Inc., Colliers Securities LLC, Crews & Associates, Inc., Northland Securities, Inc., Davenport & Company LLC, Oppenheimer & Co., Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, A.G.P./Alliance Global Partners, Midland Securities Ltd, FMSbonds, Inc., First Kentucky Securities Corp., Celadon Financial Group, LLC, BOK Financial Securities, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
TD Financial, TIC 3.898%
KeyBanc Cap Mkts, TIC 3.9211%
Fidelity Capital, TIC 3.9698%
Delphi Community School Corporation
Nov 19, 2025 $3,250,000
General Obligation Bonds of 2025 (Indiana State Aid Intercept Program) (bank qualified) (book entry).
Dated Dec 10, 2025.
Due Jul 15, 2026 to Jan 15, 2028.
Non-callable.
Winning bid: Bernardi Securities, at 101.1965, NIC 3.8764%.
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
Baird, NIC 4.0696%
Indianapolis-Marion County Public Library
Nov 18, 2025 $15,000,000
General Obligation Bonds, Series 2025 (book entry).
Dated Dec 18, 2025.
Due Jul 1, 2026 to Jan 1, 2029.
Non-callable.
Winning bid: Huntington Secs, at 103.9278, NIC 2.8146%.
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
TD Financial, NIC 2.8717%
KeyBanc Cap Mkts, NIC 2.9922%
Baird, NIC 3.051%
North Knox Building Corporation
Nov 19, 2025 $8,900,000
First Mortgage Bonds, Series 2025 (Indiana State Aid Intercept Program) (bank qualified) (book entry).
Dated Dec 18, 2025.
Due Jul 15, 2026 to Jan 15, 2039.
Callable Jan 15, 2034 at par.
Winning bid: Baird, at 106.8319, TIC 3.5133%.
Other managers: CL King & Associates, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., Oppenheimer & Co., Inc., Northland Securities, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Celadon Financial Group, LLC, FMSbonds, Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Blaylock Van, LLC, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., A.G.P./Alliance Global Partners, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
BOK Fin Secs, TIC 3.5461%
KANSAS
Clearwater (City)
Nov 18, 2025 $250,000
General Obligation Temporary Notes, Series 2025B (bank qualified) (book entry).
Dated Dec 11, 2025.
Due Oct 1, 2028.
Callable Oct 1, 2026 at par.
Winning bid: Northland Securities, at 97.5650, TIC 3.9264%.
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Ranson Financial Group LLC, Wichita, KS.
Other bidders were:
Central States Cap, TIC 4.8508%
Hutchinson (City)
Nov 18, 2025 $1,820,000
General Obligation Bonds, Series 2025-C (book entry).
Dated Dec 11, 2025.
Due Oct 1, 2026 to 2045.
Callable Oct 1, 2033 at par.
Winning bid: Brownstone Inv Grp, at 103.5752, TIC 3.8505%.
L.O.: Kutak Rock, Kansas City, MO.
F.A.: Piper Sandler & Co., Leawood, KS.
Other bidders were:
Bernardi Securities, TIC 3.9183%
Hilltop Securities, TIC 3.9582%
MASSACHUSETTS
Newton (City)
Nov 19, 2025 $64,375,000
General Obligation Municipal Purpose Loan of 2025 Bonds (book entry).
Dated Dec 4, 2025.
Due Aug 15, 2026 to 2045.
Callable Aug 15, 2034 at par.
Winning bid: Mesirow Financial, at 107.2155, TIC 3.43%.
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 3.4318%
FHN Fin Cap Mkts, TIC 3.4355%
Baird, TIC 3.4559%
TD Financial, TIC 3.4615%
Morgan Stanley, TIC 3.4668%
Wells Fargo Corp, TIC 3.47%
JPMorgan, TIC 3.5612%
KeyBanc Cap Mkts, TIC 3.5832%
Truist Secs, Inc., TIC 3.6578%
MICHIGAN
Saginaw County
Nov 19, 2025 $3,700,000
Saginaw County Sewage Disposal System Bonds (Richland Sewage Disposal System Improvements, Series 2025) (bank qualified) (book entry).
Dated Dec 10, 2025.
Due Nov 1, 2026 to 2055.
Callable Nov 1, 2035 at par.
Winning bid: Baker Group, at 100.2030, TIC 4.0871%.
L.O.: Dickinson Wright PLLC, Troy, MI.
F.A.: Bendzinski & Company, Grosse Pointe, MI.
Other bidders were:
Raymond James, TIC 4.2053%
Northland Securities, TIC 4.2226%
BOK Fin Secs, TIC 4.2556%
TD Financial, TIC 4.2811%
Brownstone Inv Grp, TIC 4.3106%
Bernardi Securities, TIC 4.406%
StoneX Fin Inc., TIC 4.425%
NEW JERSEY
Middletown Township
Nov 18, 2025 $11,278,287
Bond Anticipation Notes, Series 2025A.
Dated Dec 9, 2025.
Due Dec 8, 2026.
Purchased $11,278,287.00 by Truist Secs, Inc., at 3.5%, plus $104,098.58, effective rate 2.5744%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 2.67%
Hilltop Securities, Effective Rate 2.6995%
TD Financial, Effective Rate 2.7305%
Oppenheimer, Effective Rate 2.7766%
Jefferies, Effective Rate 2.8097%
Scotch Plains-Fanwood Board of Education
Nov 19, 2025 $24,770,000
School Bonds, Series 2025B (New Jersey School Bond Reserve Act, 1980 N.J. Laws c. 72, as amended) (book entry).
Dated Dec 3, 2025.
Due Oct 15, 2026 to 2045.
Callable Oct 15, 2032 at par.
Winning bid: Roosevelt & Cross, at 100.0000, NIC 3.747%.
Other managers: FHN Financial Capital Markets, Stifel, Nicolaus & Co., Inc., Intercoastal Capital Markets, Inc., R. Seelaus & Co., Inc., Edward Jones, CINCaP Investment Group, TRB Capital Markets, LLC.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
TD Financial, NIC 3.756%
Baird, NIC 3.776%
KeyBanc Cap Mkts, NIC 3.8126%
UBS Financial Svcs, NIC 3.8135%
Fidelity Capital, NIC 3.816%
Janney Montgomery, NIC 3.8888%
Baker Group, NIC 3.9106%
NEW YORK
Ardsley Union Free School District
Nov 19, 2025 $21,633,844
Bond Anticipation Notes - 2025B.
Dated Dec 3, 2025.
Due Jun 3, 2026.
Purchased $21,633,844.00 by Truist Secs, Inc., at 3.25%, plus $71,391.68, effective rate 2.59%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY; and Capital Markets Advisors, LLC, New York, NY.
Other bidders were:
TD Financial, Effective Rate 2.63%
Jefferies, Effective Rate 2.672%
BNY Mellon Cap Mkts, Effective Rate 2.705%
Oppenheimer, Effective Rate 2.814%
Island Park Village
Nov 19, 2025 $750,000
Bond Anticipation Notes, 2025 Series D (bank qualified).
Dated Dec 2, 2025.
Due Jun 11, 2026.
Purchased $750,000.00 by Oppenheimer, at 5.0%, plus $210.00, effective rate 4.9467%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Liberty Capital Services LLC, Garden City, NY.
New Hartford Central School District
Nov 19, 2025 $8,200,000
Bond Anticipation Notes, 2025.
Dated Dec 3, 2025.
Due Jun 25, 2026.
Purchased $8,200,000.00 by Jefferies, at 4.0%, plus $53,714.00, effective rate 2.8326%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: R.G. Timbs, Inc, New Hartford, NY.
Other bidders were:
Piper Sandler, Effective Rate 2.8442%
BNY Mellon Cap Mkts, Effective Rate 2.8642%
TD Securities, Effective Rate 2.8946%
Hilltop Securities, Effective Rate 2.9036%
Oppenheimer, Effective Rate 3.0898%
Piermont Village
Nov 19, 2025 $447,153
Various Purpose Serial Bonds, 2025 (bank qualified).
Dated Dec 4, 2025.
Due Dec 1, 2026 to 2038.
Callable Dec 1, 2033 at par.
Winning bid: Roosevelt & Cross, at n/a, NIC 4.2166%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, NIC 4.26%
Piermont Village
Nov 19, 2025 $833,099
Bond Anticipation Notes, 2025 (bank qualified).
Dated Dec 4, 2025.
Due Dec 4, 2026.
Purchased $833,099.00 by Roosevelt & Cross, at 4.0%, plus $5,148.00, effective rate 3.3821%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.6232%
Bank of Greene Co, Effective Rate 3.79%
OKLAHOMA
Caddo County Independent School District No. 33 (Carnegie)
Nov 18, 2025 $275,000
Building Bonds of 2026 (bank qualified) (book entry).
Dated Jan 1, 2026.
Due Jan 1, 2028.
Non-callable.
Winning bid: Exchange Bank, at n/a, NIC 3.8818%.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
PENNSYLVANIA
Dover Township Sewer Authority
Nov 19, 2025 $9,995,000
Guaranteed Sewer Revenue Bonds, Series of 2025 (bank qualified) (book entry).
Dated Dec 16, 2025.
Due May 1, 2026 to 2040.
Callable May 1, 2031 at par.
Winning bid: Baird, at n/a, TIC 3.8304%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Edward Jones, Isaak Bond Investments, Inc., Bernardi Securities, Inc., Northland Securities, Inc., Oppenheimer & Co., Inc., A.G.P./Alliance Global Partners, Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Celadon Financial Group, LLC, SouthState | DuncanWilliams Securities Corp., FMSbonds, Inc., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Blaylock Van, LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., First Bankers' Banc Securities Inc., Falcon Square Capital, ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC, BOK Financial Securities.
L.O.: Barley Snyder LLP, Lancaster, PA.
F.A.: PFM Financial Advisors LLC, Malvern, PA.
Other bidders were:
Janney Montgomery, TIC 3.841%
TENNESSEE
Alcoa (City)
Nov 19, 2025 $9,820,000
General Obligation Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 12, 2025.
Due Jun 1, 2027 to 2055.
Callable Jun 1, 2032 at par.
Winning bid: Raymond James, at 100.8916, TIC 4.0749%.
L.O.: Owings Wilson & Coleman, Knoxville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Stifel Nicolaus, TIC 4.0769%
FHN Fin Cap Mkts, TIC 4.0868%
Baird, TIC 4.1718%
Hilltop Securities, TIC 4.1745%
Crews & Associates, TIC 4.3192%
TEXAS
Big Sky Municipal Utility District of Denton County
Nov 19, 2025 $2,500,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Apr 1, 2028 to 2053.
Callable Apr 1, 2031 at par.
Winning bid: Fidelity Capital, at 97.0038, NIC 4.7543%.
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:
SAMCO Cap Mkts, NIC 4.7544%
Baird, NIC 4.7545%
Raymond James, NIC 4.8368%
Brazoria County Municipal Utility District No. 83
Nov 19, 2025 $8,535,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Dec 1, 2025.
Due Nov 1, 2027 to 2054.
Callable Nov 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0099, NIC 4.7227%.
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.: The Muller Law Group, Sugar Land, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Northland Securities, NIC 4.7559%
Crews & Associates, NIC 4.7667%
Brazoria County Municipal Utility District No. 83
Nov 19, 2025 $8,790,000
Unlimited Tax Road Bonds, Series 2025 (book entry).
Dated Dec 1, 2025.
Due Nov 1, 2027 to 2054.
Callable Nov 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0035, NIC 4.7222%.
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.: The Muller Law Group, Sugar Land, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Northland Securities, NIC 4.7562%
Crews & Associates, NIC 4.7669%
City of El Paso Municipal Management District No. 1
Nov 19, 2025 $3,865,000
Unlimited Tax and Tax Increment Revenue Road Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Nov 1, 2027 to 2050.
Callable Dec 1, 2031 at par.
Winning bid: Fidelity Capital, at 97.0673, NIC 4.7024%.
L.O.: Coats Rose, P.C, Houston, TX; and State Attorney General.
F.A.: Baird, Irving, TX.
Other bidders were:
Northland Securities, NIC 4.7145%
SAMCO Cap Mkts, NIC 4.7262%
Colton Municipal Utility District No. 2
Nov 18, 2025 $6,000,000
Unlimited Tax Road 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: Hilltop Securities, at 97.0951, NIC 4.9557%.
Other managers: FMSbonds, 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 4.9786%
GMS Group, NIC 4.9958%
Fort Worth (City)
Nov 19, 2025 $60,205,000
General Purpose Refunding Bonds, Series 2025 (book entry).
Dated Dec 10, 2025.
Due Mar 1, 2026 to 2035.
Non-callable.
Winning bid: BOK Fin Secs, at 110.0562, TIC 2.7507%.
L.O.: McCall Parkhurst & Horton, Dallas, TX; Kelly Hart & Hallman, Fort Worth, TX; and State Attorney General.
F.A.: PFM Financial Advisors LLC, Dallas, TX; Tijerina Financial Consulting LLC, Dallas, TX; and PFM Financial Advisors LLC, Austin, TX.
Other bidders were:
Wells Fargo Corp, TIC 2.799%
TD Financial, TIC 2.8056%
Truist Secs, Inc., TIC 2.8086%
KeyBanc Cap Mkts, TIC 2.8095%
Cabrera Cap Mkts, TIC 2.8135%
JPMorgan, TIC 2.8304%
Mesirow Financial, TIC 2.8493%
Jefferies, TIC 2.8606%
Hilltop Securities, TIC 2.8855%
PNC Capital Markets, TIC 2.9115%
D.A. Davidson, TIC 2.923%
Piper Sandler, TIC 2.9264%
Raymond James, TIC 2.9348%
Baird, TIC 2.9531%
Galveston County Municipal Utility District No. 56
Nov 19, 2025 $10,000,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Dec 1, 2025.
Due Jun 1, 2028 to 2050.
Callable Jun 1, 2031 at par.
Winning bid: Baird, at 97.0000, NIC 4.363%.
Other managers: CL King & Associates, Edward Jones, Northland Securities, Inc., Oppenheimer & Co., Inc., Bernardi Securities, Inc., Midland Securities Ltd, Celadon Financial Group, LLC, First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, A.G.P./Alliance Global Partners, Falcon Square Capital, Caldwell Sutter Capital, Inc., Institutional Bond Network, LLC, BOK Financial Securities.
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 4.4175%
Raymond James, NIC 4.4601%
Crews & Associates, NIC 4.6357%
Harris County Improvement District No. 14
Nov 18, 2025 $8,000,000
Unlimited Tax Park Bonds, Series 2025B (book entry).
Dated Dec 1, 2025.
Due May 1, 2029 to 2052.
Callable May 1, 2032 at par.
Winning bid: Crews & Associates, at 97.0010, NIC 4.6871%.
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 4.6926%
Baird, NIC 4.6978%
Hilltop Securities, NIC 4.7798%
Harris County Municipal Utility District No. 477
Nov 19, 2025 $3,000,000
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: GMS Group, at n/a, NIC 5.029%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Post Oak Municipal Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 5.1804%
Harris County Municipal Utility District No. 478
Nov 19, 2025 $3,000,000
Contract Revenue Road Bonds, Series 2025B (book entry).
Dated Dec 1, 2025.
Due Dec 1, 2027 to 2051.
Callable Dec 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.0126, NIC 5.0004%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Post Oak Municipal Advisors LLC, Houston, TX.
Other bidders were:
GMS Group, NIC 5.0283%
Crews & Associates, NIC 5.0621%
Killeen (City)
Nov 18, 2025 $3,300,000
Limited Tax Notes, Series 2025 (book entry).
Dated Dec 11, 2025.
Due Aug 1, 2026 to 2032.
Non-callable.
Winning bid: Mesirow Financial, at 108.0953, TIC 2.6997%.
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
BOK Fin Secs, TIC 2.7374%
PNC Capital Markets, TIC 2.8451%
Hilltop Securities, TIC 2.8712%
TD Financial, TIC 2.8862%
Huntington Secs, TIC 2.9%
Raymond James, TIC 2.904%
Baird, TIC 2.9045%
Piper Sandler, TIC 2.9127%
Lazy Nine Municipal Utility District No. 1A
Nov 19, 2025 $6,000,000
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: Baird, at 97.0000, NIC 4.6412%.
Other managers: CL King & Associates, Midland Securities Ltd, 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., Institutional Bond Network, LLC, BOK Financial Securities.
L.O.: Allen Boone Humphries Robinson LLP, Austin, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.6781%
Raymond James, NIC 4.7601%
Lower Kirby Pearland Management District
Nov 19, 2025 $3,340,000
Unlimited Tax Park Bonds Series 2025A (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2027 to 2048.
Callable Sep 1, 2031 at par.
Winning bid: TD Financial, at 98.3337, NIC 4.3747%.
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 4.4057%
SAMCO Cap Mkts, NIC 4.4279%
Lower Kirby Pearland Management District
Nov 19, 2025 $3,820,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2027 to 2048.
Callable Sep 1, 2031 at par.
Winning bid: TD Financial, at 98.2057, NIC 4.3833%.
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 4.4164%
SAMCO Cap Mkts, NIC 4.4361%
RBC Capital Mkts, NIC 4.5435%
Montgomery County Municipal Utility District No. 100
Nov 19, 2025 $9,155,000
Unlimited Tax Road 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: Baird, at 97.0000, NIC 4.6482%.
Other managers: CL King & Associates, Midland Securities Ltd, Oppenheimer & Co., Inc., Multi-Bank Securities Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Northland Securities, Inc., Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc., Institutional Bond Network, LLC, BOK Financial Securities, Crews & Associates, Inc., First Southern LLC.
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 4.665%
D.A. Davidson, NIC 4.6984%
Montgomery County Municipal Utility District No. 158
Nov 19, 2025 $3,000,000
Unlimited Tax Road Bonds, Series 2025 (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2027 to 2052.
Callable Sep 1, 2031 at par.
Winning bid: Baird, at 97.0000, NIC 4.6997%.
Other managers: CL King & Associates, Northland Securities, Inc., Midland Securities Ltd, 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., Institutional Bond Network, LLC, BOK Financial Securities.
L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.7013%
Montgomery County Municipal Utility District No. 158
Nov 19, 2025 $11,000,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2027 to 2052.
Callable Sep 1, 2031 at par.
Winning bid: Baird, at 97.0000, NIC 4.694%.
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., Institutional Bond Network, LLC, BOK Financial Securities.
L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.7158%
Montgomery County Municipal Utility District No. 180
Nov 19, 2025 $5,775,000
Unlimited Tax Road 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 4.6631%.
Other managers: CL King & Associates, Multi-Bank 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., Institutional Bond Network, LLC, BOK Financial Securities.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Post Oak Municipal Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.6854%
Crews & Associates, NIC 4.6967%
Verandah Municipal Utility District of Hunt County
Nov 19, 2025 $11,775,000
Unlimited Tax Utility Bonds, Series 2025 (book entry).
Dated Dec 1, 2025.
Due Sep 1, 2028 to 2050.
Callable Sep 1, 2031 at par.
Winning bid: Baird, at 97.0000, NIC 4.6437%.
Other managers: CL King & Associates, Edward Jones, Northland Securities, Inc., Oppenheimer & Co., Inc., Bernardi 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, Falcon Square Capital, Caldwell Sutter Capital, Inc., Institutional Bond Network, LLC, BOK Financial Securities.
L.O.: Winstead PC, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
UMB Bank, NIC 4.6449%
Raymond James, NIC 4.6705%
SAMCO Cap Mkts, NIC 4.6898%
TD Financial, NIC 4.7363%
Waller County Road Improvement District No. 1
Nov 19, 2025 $11,145,000
Unlimited Tax Bonds, Series 2025B (book entry).
Dated Dec 1, 2025.
Due Mar 1, 2028 to 2054.
Callable Mar 1, 2030 at par.
Winning bid: Raymond James, at 97.0000, NIC 4.6291%.
Other managers: Fidelity Capital Markets.
L.O.: Wallace & Philbin LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
Baird, NIC 4.6543%
SAMCO Cap Mkts, NIC 4.7147%
Windfern Forest Utility District
Nov 18, 2025 $8,210,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 1, 2025.
Due Aug 1, 2027 to 2040.
Callable Aug 1, 2031 at par.
Winning bid: Baker Group, at 97.0333, NIC 3.7685%.
L.O.: Bracewell LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Baird, NIC 3.8345%
Stifel Nicolaus, NIC 3.8797%
Raymond James, NIC 3.9503%
TD Financial, NIC 3.9838%
Hilltop Securities, NIC 3.9933%
SAMCO Cap Mkts, NIC 4.004%
WISCONSIN
Evansville (City)
Nov 19, 2025 $3,205,000
General Obligation Promissory Notes, Series 2025A (bank qualified) (book entry).
Dated Dec 4, 2025.
Due Apr 1, 2026 to 2035.
Callable Apr 1, 2033 at par.
Winning bid: BOK Fin Secs, at 104.7653, TIC 3.0922%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Minneapolis, MN.
Other bidders were:
Northland Securities, TIC 3.1%
Baird, TIC 3.1157%
StoneX Fin Inc., TIC 3.2139%
TAXABLE ISSUES
ILLINOIS
East Dundee and Countryside Fire Protection District
Nov 17, 2025 $1,017,500
Taxable General Obligation Bonds (Alternate Revenue Source), Series 2025.
Dated Dec 4, 2025.
Due Jul 1, 2026 to 2035.
Callable Jul 1, 2033 at par.
Winning bid: Bank of Alma, at n/a, NIC 4.25%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Peoples Natl Bk, NIC 5.47%
Wintrust Bank, NIC 7.0%
KANSAS
Caney (City)
Nov 17, 2025 $745,000
Taxable General Obligation Refunding Bonds, Series 2025 (book entry).
Dated Dec 3, 2025.
Due Oct 1, 2026 to 2044.
Callable Oct 1, 2032 at par.
Winning bid: Baird, at 97.1965, TIC 5.3647%.
Other managers: CL King & Associates, Colliers Securities LLC, Crews & Associates, Inc., Cadz Securities Inc,, First Bankers' Banc Securities Inc., D.A. Davidson & Co., Isaak Bond Investments, Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Valdes & Moreno, Inc., Central States Capital Markets, LLC, Blaylock Van, LLC, Carty, Harding, & Hearn, Inc., Caldwell Sutter Capital, Inc..
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Ranson Financial Group LLC, Wichita, KS.
Other bidders were:
Northland Securities, TIC 5.7462%
OKLAHOMA
Garvin County Independent School District No. 38 (Wynnewood)
Nov 18, 2025 $2,375,000
Combined Purpose Bonds of 2026 (Federally Taxable) (book entry).
Dated Jan 1, 2026.
Due Jan 1, 2029.
Non-callable.
Winning bid: Northland Securities, at n/a, NIC 3.974%.
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 4.1426%
Rogers County Independent School District No 4 (Oologah-Talala)
Nov 19, 2025 $3,700,000
Combined Purpose Bonds of 2026 (Federally Taxable) (book entry).
Dated Jan 1, 2026.
Due Jan 1, 2028 to 2029.
Non-callable.
Winning bid: Baker Group, at n/a, NIC 4.1495%.
In association with: RCB Bank.
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Northland Securities, NIC 4.173%
WASHINGTON
SeaTac (City)
Nov 19, 2025 $39,750,000
Limited Tax General Obligation Bonds, 2025 (Taxable) (book entry).
Dated Dec 4, 2025.
Due Dec 1, 2026 to 2045.
Callable Dec 1, 2027 at par.
Winning bid: Baird, at 98.0862, TIC 4.9219%.
Other managers: CL King & Associates, Crews & Associates, Inc., Edward Jones, Northland Securities, Inc., Cadz Securities Inc,, First Bankers' Banc Securities Inc., SouthState | DuncanWilliams Securities Corp., Bernardi Securities, Inc., D.A. Davidson & Co., 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., Blaylock Van, LLC, Carty, Harding, & Hearn, Inc., Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.
L.O.: Pacifica Law Group, Seattle, WA.
F.A.: Piper Sandler & Co, Seattle, WA.
Other bidders were:
KeyBanc Cap Mkts, TIC 5.0359%
Wells Fargo Corp, TIC 5.117%