MASSACHUSETTS

Melrose (City)

Dec 15, 2025 $26,000,000

General Obligation Bond Anticipation Notes (book entry).

Dated Dec 23, 2025.

Due Dec 18, 2026.

Purchased $26,000,000.00 by Truist Secs, Inc., at 3.5%, plus $248,820.00, effective rate 2.5295%.

L.O.: Hinckley, Allen & Snyder, Boston, MA.

F.A.: Hilltop Securities Inc., Boston, MA.

Other bidders were:

TD Financial, Effective Rate 2.5488%

Janney Montgomery, Effective Rate 2.5498%

BofA Securities, Effective Rate 2.5519%

Jefferies, Effective Rate 2.5529%

Fidelity Capital, Effective Rate 2.557%

TD Financial, Effective Rate 2.5975%

BNY Mellon Cap Mkts, Effective Rate 2.6496%

Oppenheimer, Effective Rate 2.8389%

Melrose (City)

Dec 15, 2025 $30,655,000

General Obligation Municipal Purpose Loan of 2025 Bonds (book entry).

Dated Dec 23, 2025.

Due Dec 15, 2026 to 2050.

Callable Dec 15, 2034 at par.

Winning bid: Baird, at 104.7949, TIC 3.7947%.

Other managers: CL King & Associates, Edward Jones, Oppenheimer & Co., Inc., Blaylock Van, LLC, Davenport & Company LLC, Northland Securities, Inc., Crews & Associates, Inc., Carty, Harding, & Hearn, Inc., Midland Securities Ltd, Cadz Securities Inc,, Middlegate Securities, A.G.P./Alliance Global Partners, PNC Capital Markets, FMSbonds, Inc., Celadon Financial Group, LLC, First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., InspereX LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.

L.O.: Hinckley, Allen & Snyder, Boston, MA.

F.A.: Hilltop Securities Inc., Boston, MA.

Other bidders were:

Morgan Stanley, TIC 3.8135%

JPMorgan, TIC 3.8176%

Mesirow Financial, TIC 3.822%

Huntington Secs, TIC 3.8264%

UMB Bank, TIC 3.8305%

FHN Fin Cap Mkts, TIC 3.831%

Piper Sandler, TIC 3.8368%

Janney Montgomery, TIC 3.8525%

KeyBanc Cap Mkts, TIC 3.8688%

Wells Fargo Corp, TIC 3.878%

UBS Financial Svcs, TIC 3.9693%

MINNESOTA

Little Falls (City)

Dec 15, 2025 $2,205,000

General Obligation Permanent Improvement Revolving Fund Bonds, Series 2025A (bank qualified) (book entry).

Dated Dec 29, 2025.

Due Feb 1, 2027 to 2041.

Callable Feb 1, 2033 at par.

Winning bid: United Banker's Bk, at n/a, NIC 3.6277%.

L.O.: Taft, Stettinius & Hollister LLP, Minneapolis, MN.

F.A.: David Drown Associates, Minneapolis, MN.

Other bidders were:

Northland Securities, NIC 3.6825%

Baird, NIC 3.6863%

TEXAS

Brazos County Municipal Utility District No. 1

Dec 15, 2025 $7,375,000

Unlimited Tax Road Bonds, Series 2026 (book entry).

Dated Jan 1, 2026.

Due Sep 1, 2027 to 2051.

Callable Sep 1, 2031 at par.

Winning bid: SAMCO Cap Mkts, at 97.0021, NIC 4.6179%.

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:

Baird, NIC 4.6328%

Hilltop Securities, NIC 4.6554%

Bridge City Independent School District

Dec 15, 2025 $9,425,000

Unlimited Tax School Building Bonds, Series 2026 (The Permanent School Fund Guarantee Program) (bank qualified) (book entry).

Dated Jan 1, 2026.

Due Feb 15, 2029 to 2056.

Callable Feb 15, 2035 at par.

Winning bid: BOK Fin Secs, at n/a, TIC 4.101%.

Other managers: Stifel, Nicolaus & Co., Inc..

L.O.: Norton Rose Fulbright US LLP, Houston, TX; and State Attorney General.

F.A.: U.S. Capital Advisors LLC, Houston, TX.

Other bidders were:

Baird, TIC 4.1393%

Hilltop Securities, TIC 4.1966%

Raymond James, TIC 4.2214%

Piper Sandler, TIC 4.242%

FHN Fin Cap Mkts, TIC 4.2832%

SAMCO Cap Mkts, TIC 4.3858%

Fidelity Capital, TIC 4.4457%

Pilot Knob Municipal Utility District No. 2

Dec 15, 2025 $8,100,000

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

Dated Dec 23, 2025.

Due Aug 15, 2027 to 2050.

Callable Aug 15, 2031 at par.

Winning bid: SAMCO Cap Mkts, at 97.0037, NIC 4.5442%.

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, Carty, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,, TRB Capital Markets, LLC.

L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.

F.A.: Specialized Public Finance Inc., Austin, TX.

Other bidders were:

Raymond James, NIC 4.5634%

Baird, NIC 4.5661%

Hilltop Securities, NIC 4.5896%

SWBC Investment Svcs, NIC 4.6032%

Fidelity Capital, NIC 4.6076%

Stifel Nicolaus, NIC 4.6156%

Pilot Knob Municipal Utility District No. 3

Dec 15, 2025 $15,360,000

Unlimited Tax Road Bonds, Series 2025 (book entry).

Dated Dec 23, 2025.

Due Feb 15, 2027 to 2050.

Callable Feb 15, 2031 at par.

Winning bid: Baird, at 97.0000, NIC 4.3912%.

Other managers: CL King & Associates, Edward Jones, Northland Securities, Inc., Stifel, Nicolaus & Co., Inc., Oppenheimer & Co., Inc., Midland Securities Ltd, Celadon Financial Group, LLC, First Southern LLC, Multi-Bank Securities Inc., Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, The Baker Group, A.G.P./Alliance Global Partners, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC, BOK Financial Securities, InspereX LLC.

L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.

F.A.: Specialized Public Finance Inc., Austin, TX.

Other bidders were:

Raymond James, NIC 4.4354%

SAMCO Cap Mkts, NIC 4.4444%

TD Financial, NIC 4.4642%

Hilltop Securities, NIC 4.4727%

UMB Bank, NIC 4.5057%

WISCONSIN

Juneau County

Dec 15, 2025 $4,500,000

General Obligation Promissory Notes (bank qualified) (book entry).

Dated Dec 30, 2025.

Due Mar 1, 2026.

Purchased $4,500,000.00 by BOK Fin Secs, at 4.5%, plus $5,445.00, effective rate 3.805%.

L.O.: Quarles & Brady, Milwaukee, WI.

F.A.: Wisconsin Public Finance Professional, LLC, Brookfield, WI.

Other bidders were:

Bernardi Securities, Effective Rate 4.4617%

Piper Sandler, Effective Rate 4.4913%

Oppenheimer, Effective Rate 4.5215%

Northland Securities, Effective Rate 4.5702%

Wisconsin Dells (City)

Dec 15, 2025 $4,485,000

Electric System Revenue Bonds (book entry).

Dated Dec 30, 2025.

Due May 1, 2027 to 2045.

Callable May 1, 2036 at par.

Winning bid: Baird, at 102.8235, TIC 4.1062%.

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., First Kentucky Securities Corp., A.G.P./Alliance Global Partners, Multi-Bank Securities Inc., Central States Capital Markets, LLC, 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.: Griggs Law Office LLC, Milwaukee, WI.

F.A.: Wisconsin Public Finance Professional, LLC, Brookfield, WI.

Other bidders were:

KeyBanc Cap Mkts, TIC 4.1602%

Fidelity Capital, TIC 4.1984%

UMB Bank, TIC 4.225%