MASSACHUSETTS

Stow (Town)

Jan 5, 2026 $815,000

Bond Anticipation Notes (bank qualified) (book entry).

Dated Jan 16, 2026.

Due Jan 14, 2027.

Purchased $815,000.00 by Piper Sandler, at 3.5%, plus $570.50, effective rate 3.42%.

F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.

Other bidders were:

M & T Bank, Effective Rate 3.58%

Oppenheimer, Effective Rate 3.6188%

UniBank Fiscal Adv, Effective Rate 3.7%

Abington Bk, Effective Rate 3.75%

MINNESOTA

Westonka Independent School District No. 277

Jan 5, 2026 $71,080,000

General Obligation School Building, Facilities Maintenance, Tax Abatement and Refunding Bonds, Series 2026A (Minnesota School District Credit Enhancement Program) (book entry).

Dated Jan 29, 2026.

Due Feb 1, 2027 to 2049.

Callable Feb 1, 2034 at par.

Winning bid: BofA Securities, at 104.4364, TIC 3.9349%.

L.O.: Kennedy & Graven, Minneapolis, MN.

F.A.: Ehlers, Minneapolis, MN; and Ehlers, Waukesha, WI.

Other bidders were:

JPMorgan, TIC 3.9442%

Wells Fargo Corp, TIC 3.945%

Piper Sandler, TIC 3.9466%

Hilltop Securities, TIC 3.9479%

Baird, TIC 3.9489%

RBC Capital Mkts, TIC 3.959%

Morgan Stanley, TIC 3.9609%

Mesirow Financial, TIC 4.0031%

UBS Financial Svcs, TIC 4.0197%

TD Financial, TIC 4.0451%

Jefferies, TIC 4.0689%