CONNECTICUT
Norwalk Second Taxing District
Nov 25, 2025 $5,985,000
General Obligation Bonds, Issue of 2025, Series A (bank qualified) (book entry).
Dated Dec 10, 2025.
Due Dec 1, 2026 to 2045.
Callable Dec 1, 2033 at par.
Winning bid: Brownstone Inv Grp, at 106.6359, TIC 3.4125%.
L.O.: Robinson & Cole, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
StoneX Fin Inc., TIC 3.4152%
Raymond James, TIC 3.4285%
Baird, TIC 3.4337%
Huntington Secs, TIC 3.4457%
Loop Capital, TIC 3.448%
Piper Sandler, TIC 3.451%
Roosevelt & Cross, TIC 3.455%
Bancroft Capital, TIC 3.477%
ILLINOIS
Bloomingdale Village
Nov 24, 2025 $49,725,000
General Obligation Bonds, Series 2025 (book entry).
Dated Dec 15, 2025.
Due Oct 30, 2033 to 2049.
Callable Oct 30, 2034 at par.
Winning bid: TD Financial, at 104.2335, TIC 4.2756%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Morgan Stanley, TIC 4.2914%
Baird, TIC 4.3144%
JPMorgan, TIC 4.3381%
Wells Fargo Corp, TIC 4.34%
KANSAS
Leon (City)
Nov 24, 2025 $560,000
General Obligation Bonds, Series 2025 (bank qualified) (book entry).
Dated Dec 17, 2025.
Due Oct 1, 2027 to 2046.
Callable Oct 1, 2032 at par.
Winning bid: Central States Cap, at n/a, TIC 4.3645%.
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Ranson Financial Group LLC, Wichita, KS.
Other bidders were:
Commerce Bank, TIC 4.4589%
Northland Securities, TIC 5.6976%
KENTUCKY
Board of Education of Edmonson County
Nov 25, 2025 $24,705,000
General Obligation Bonds, Series of 2025 (Kentucky School District Enhancement Program) (book entry).
Dated Dec 16, 2025.
Due Dec 1, 2026 to 2050.
Callable Dec 1, 2034 at par.
Winning bid: Northland Securities, at 101.6398, TIC 4.1673%.
Other managers: Celadon Financial Group, LLC, Edward Jones, Bernardi Securities, Inc..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Baird, Louisville, KY.
Other bidders were:
StoneX Fin Inc., TIC 4.2128%
Raymond James, TIC 4.3796%
Huntington Secs, TIC 4.3801%
Kenton County School District
Nov 25, 2025 $16,360,000
General Obligation Bonds, Series 2025B (Kentucky School District Credit Enhancement Program) (book entry).
Dated Dec 16, 2025.
Due Dec 1, 2026 to 2045.
Callable Dec 1, 2033 at par.
Winning bid: Baird, at 100.3697, NIC 3.9716%.
Other managers: SouthState | DuncanWilliams Securities Corp., CL King & Associates, Edward Jones, FHN Financial Capital Markets, Stifel, Nicolaus & Co., Inc., UBS Financial Services, Inc., Crews & Associates, Inc., Davenport & Company LLC, Colliers Securities LLC, Isaak Bond Investments, Inc., Northland Securities, Inc., Oppenheimer & Co., Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, First Kentucky Securities Corp., PNC Capital Markets, Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, BOK Financial Securities, Midland Securities Ltd, Bernardi Securities, Inc., FMSbonds, Inc., Multi-Bank Securities 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.: Dinsmore & Shohl LLP, Covington, KY.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
Janney Montgomery, NIC 3.9753%
Fidelity Capital, NIC 3.9869%
Huntington Secs, NIC 3.987%
UMB Bank, NIC 3.9973%
Mesirow Financial, NIC 4.0798%
MASSACHUSETTS
Marion (Town)
Nov 25, 2025 $4,776,722
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Dec 9, 2025.
Due Nov 4, 2026.
Purchased $4,776,722.00 by Truist Secs, Inc., at 3.5%, plus $33,198.56, effective rate 2.7302%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Boston, MA.
Other bidders were:
TD Financial, Effective Rate 2.8425%
Piper Sandler, Effective Rate 2.8553%
Oppenheimer, Effective Rate 2.8653%
Fidelity Capital, Effective Rate 2.8978%
MINNESOTA
Farmington Independent School District No. 192
Nov 24, 2025 $40,325,000
General Obligation School Building Refunding Bonds, Series 2025A (Minnesota School District Credit Enhancement Program) (book entry).
Dated Dec 18, 2025.
Due Feb 1, 2028 to 2031.
Non-callable.
Winning bid: Jefferies, at 108.3841, TIC 2.5833%.
L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Minneapolis, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Wells Fargo Corp, TIC 2.61%
TD Financial, TIC 2.6421%
UBS Financial Svcs, TIC 2.6847%
Baird, TIC 2.8053%
Richfield (City)
Nov 25, 2025 $6,160,000
General Obligation Sales Tax Bonds, Series 2025A (bank qualified) (book entry).
Dated Dec 18, 2025.
Due Feb 1, 2027 to 2031.
Callable Feb 1, 2029 at par.
Winning bid: Baird, at 101.0770, TIC 3.0656%.
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, FMSbonds, Inc., First Kentucky Securities Corp., Central States Capital Markets, LLC, First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Commerce Brokerage Services Inc, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Ehlers, Minneapolis, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Northland Securities, TIC 3.09%
TD Financial, TIC 3.1278%
BOK Fin Secs, TIC 3.1309%
Raymond James, TIC 3.2323%
Brownstone Inv Grp, TIC 3.2692%
Huntington Secs, TIC 3.3967%
NEW JERSEY
Newark (City)
Nov 25, 2025 $35,940,000
Bond Anticipation Notes, Series 2025 Consisting of $31,730,000 General Capital Improvement Bond Anticipation Notes 2025F and $4,210,000 Bond Anticipation Notes, 2025G (Resilient Hope Project) (book entry).
Dated Dec 12, 2025.
Due Dec 11, 2026.
Purchased $35,940,000.00 by TD Financial, at 4.0%, plus $373,776.00, effective rate 2.9571%.
L.O.: Decotiis FitzPatrick, Cole & Giblin, LLP, Paramus, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
Other bidders were:
Oppenheimer, Effective Rate 2.9862%
Jefferies, Effective Rate 2.9982%
JPMorgan, Effective Rate 3.1737%
South River Borough
Nov 25, 2025 $12,981,000
Bond Anticipation Notes, Series 2025A Consisting of $6,389,000 General Improvement Bond Anticipation Notes $6,592,000 Water Utility Bond Anticipation Notes (book entry).
Dated Dec 9, 2025.
Due Dec 8, 2026.
Purchased $12,981,000.00 by BNY Mellon Cap Mkts, at 4.0%, plus $161,174.69, effective rate 2.7549%.
L.O.: Dilworth Paxson, Freehold, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
TD Financial, Effective Rate 2.7846%
Piper Sandler, Effective Rate 2.8185%
Oppenheimer, Effective Rate 2.8703%
Fidelity Capital, Effective Rate 3.2299%
NEW YORK
Bolivar-Richburg Central School District
Nov 25, 2025 $496,015
School District Serial Bonds, 2025 (bank qualified).
Dated Dec 9, 2025.
Due Dec 1, 2026 to 2030.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, NIC 3.6814%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: R.G. Timbs, Inc, New Hartford, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.7331%
Oppenheimer, NIC 3.7468%
Champlain Fire District
Nov 25, 2025 $6,640,000
General Obligation Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Dec 11, 2025.
Due Dec 11, 2026.
Purchased $6,640,000.00 by Arrow Bank, at 3.58%, effective rate 3.58%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.79%
Bank of Greene Co, Effective Rate 3.95%
TD Financial, Effective Rate 3.998%
Irondequoit (Town)
Nov 25, 2025 $4,350,000
General Obligations Bond Anticipation Notes, 2025 Series C.
Dated Dec 18, 2025.
Due Dec 11, 2026.
Purchased $4,350,000.00 by Jefferies, at 3.25%, plus $16,925.00, effective rate 2.8532%.
L.O.: Harris Beach PLLC, Pittsford, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Piper Sandler, Effective Rate 2.9228%
Oppenheimer, Effective Rate 2.9789%
TD Financial, Effective Rate 2.9873%
Irondequoit (Town)
Nov 25, 2025 $14,547,000
General Obligations Bond Anticipation Notes, 2025 Series B (Renewals).
Dated Dec 11, 2025.
Due Dec 11, 2026.
Purchased $14,547,000.00 by BNY Mellon Cap Mkts, at 4.0%, plus $173,839.56, effective rate 2.805%.
L.O.: Harris Beach PLLC, Pittsford, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 2.813%
Oppenheimer, Effective Rate 2.8457%
TD Financial, Effective Rate 2.894%
Livingston County
Nov 25, 2025 $18,361,560
General Obligation Bond Anticipation Notes, 2025.
Dated Dec 11, 2025.
Due Dec 11, 2026.
Purchased $18,361,560.00 by Truist Secs, Inc., at 3.5%, plus $150,197.56, effective rate 2.682%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Financial, Effective Rate 2.867%
Jefferies, Effective Rate 3.231%
Oppenheimer, Effective Rate 3.3295%
BNY Mellon Cap Mkts, Effective Rate 3.4369%
Mechanicville City School District
Nov 25, 2025 $375,000
School District (Serial) Bonds, 2025 (bank qualified).
Dated Dec 10, 2025.
Due Nov 15, 2026 to 2030.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.6704%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, NIC 3.6817%
Arrow Bank, NIC 3.95%
Menands Union Free School District
Nov 25, 2025 $2,200,000
General Obligation School District (Serial) Bonds, 2025 (bank qualified) (book entry).
Dated Dec 16, 2025.
Due Jun 15, 2026 to 2035.
Callable Jun 15, 2033 at par.
Winning bid: Huntington Secs, at 105.9942, NIC 2.8384%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
StoneX Fin Inc., NIC 2.848%
Raymond James, NIC 2.9151%
Brownstone Inv Grp, NIC 2.9208%
Baird, NIC 3.0051%
Roosevelt & Cross, NIC 3.04%
Bank of Greene Co, NIC 3.67%
New Rochelle (City)
Nov 25, 2025 $40,874,003
Bond Anticipation Notes, 2025.
Dated Dec 9, 2025.
Due Dec 9, 2026.
Purchased $40,874,003.00 by JPMorgan, at 4.0%, plus $566,513.68, effective rate 2.614%.
L.O.: Norton Rose Fulbright US LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY; and Capital Markets Advisors, LLC, New York, NY.
Other bidders were:
Truist Secs, Inc., Effective Rate 2.617%
Jefferies, Effective Rate 2.629%
TD Financial, Effective Rate 2.666%
Oppenheimer, Effective Rate 2.72%
St. Regis Falls Central School District
Nov 25, 2025 $134,165
Statutory Installment Bond, 2025 (bank qualified).
Dated Dec 9, 2025.
Due Nov 15, 2026 to 2030.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, NIC 3.86%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: R.G. Timbs, Inc, New Hartford, NY.
WISCONSIN
Milwaukee Area Technical College District
Nov 24, 2025 $1,500,000
General Obligation Promissory Notes, Series 2025-26F (book entry).
Dated Dec 15, 2025.
Due Jun 1, 2027 to 2030.
Non-callable.
Winning bid: TD Financial, at 103.9268, TIC 2.9291%.
L.O.: Michael, Best & Friedrich, Milwaukee, WI.
F.A.: Baird, Milwaukee, WI.
Other bidders were:
Fidelity Capital, TIC 2.9458%
Northland Securities, TIC 3.0916%
Loop Capital, TIC 3.1836%
Huntington Secs, TIC 3.198%
TAXABLE ISSUES
CONNECTICUT
Norwalk Second Taxing District
Nov 25, 2025 $1,680,000
General Obligation Bonds, Issue of 2025, Series B (Federally Taxable) (book entry).
Dated Dec 10, 2025.
Due Dec 1, 2026 to 2035.
Non-callable.
Winning bid: Piper Sandler, at 100.2716, TIC 4.1843%.
L.O.: Robinson & Cole, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
Baird, TIC 4.2459%
SWBC Investment Svcs, TIC 4.2595%