Market Data
Results of competitive sales: 01/29/2026

IOWA

University Heights

Jan 27, 2026 $1,500,000

General Obligation Corporate Purpose Bonds, Series 2026 (bank qualified) (book entry).

Dated Feb 25, 2026.

Due Jun 1, 2027 to 2036.

Callable Jun 1, 2033 at par.

Winning bid: D.A. Davidson, at n/a, TIC 3.4685%.

L.O.: Dorsey & Whitney, Des Moines, IA.

F.A.: Speer Financial, Inc., Waterloo, IA; and Speer Financial, Inc., Chicago, IL.

Other bidders were:

Northland Securities, TIC 3.6284%

UMB Bank, TIC 3.7228%

Hilltop Securities, TIC 3.891%

Bernardi Securities, TIC 3.9679%



MASSACHUSETTS

Groton (Town)

Jan 27, 2026 $26,525,000

Genaeral Obligation Municipal Purpose Loan of 2026 Bonds (book entry).

Dated Feb 11, 2026.

Due Feb 1, 2027 to 2046.

Callable Feb 1, 2034 at par.

Winning bid: Bancroft Capital, at 108.2710, TIC 3.315%.

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:

TD Financial, TIC 3.3212%

Huntington Secs, TIC 3.3286%

Piper Sandler, TIC 3.3332%

RBC Capital Mkts, TIC 3.3345%

UBS Financial Svcs, TIC 3.335%

JPMorgan, TIC 3.3397%

Loop Capital, TIC 3.3438%

Cabrera Cap Mkts, TIC 3.3439%

KeyBanc Cap Mkts, TIC 3.3443%

Raymond James, TIC 3.3505%

FHN Fin Cap Mkts, TIC 3.3529%

Hilltop Securities, TIC 3.3588%

Wells Fargo Corp, TIC 3.3596%

Brownstone Inv Grp, TIC 3.3599%

BofA Securities, TIC 3.3692%

UMB Bank, TIC 3.3704%

Baird, TIC 3.394%

Jefferies, TIC 3.4203%

Mesirow Financial, TIC 3.44%


Hingham (Town)

Jan 28, 2026 $8,600,000

General Obligation Municipal Purpose Loan of 2026 Bonds, Series A (book entry).

Dated Feb 12, 2026.

Due Feb 1, 2027 to 2054.

Callable Feb 1, 2034 at par.

Winning bid: Fidelity Capital, at 105.4180, TIC 3.6599%.

Other managers: Raymond James & Associates, Inc., Advisors Asset Management Inc, American Veterans Group, Ramirez & Co., Inc., SAMCO Capital Markets, Morgan Stanley & Co., Inc., Zeus Financial, LLC.

L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.

F.A.: Capital Markets Advisors, LLC, Great Neck, NY.

Other bidders were:

Hilltop Securities, TIC 3.6792%

Piper Sandler, TIC 3.681%

Brownstone Inv Grp, TIC 3.7091%

Huntington Secs, TIC 3.7142%

TD Financial, TIC 3.7162%

Baird, TIC 3.731%

FHN Fin Cap Mkts, TIC 3.7455%

UBS Financial Svcs, TIC 3.8565%


Hingham (Town)

Jan 28, 2026 $14,910,000

General Obligation Refunding Bonds, Series B (book entry).

Dated Feb 12, 2026.

Due May 15, 2027 to 2037.

Non-callable.

Winning bid: Loop Capital, at n/a, TIC 2.2038%.

L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.

F.A.: Capital Markets Advisors, LLC, Great Neck, NY.

Other bidders were:

Huntington Secs, TIC 2.2343%

Piper Sandler, TIC 2.2472%

Hilltop Securities, TIC 2.2846%

Brownstone Inv Grp, TIC 2.2857%

RBC Capital Mkts, TIC 2.2878%

Cabrera Cap Mkts, TIC 2.2886%

Mesirow Financial, TIC 2.2898%

Fidelity Capital, TIC 2.3097%

TD Financial, TIC 2.3124%

Fifth Third Secs, TIC 2.3135%

FHN Fin Cap Mkts, TIC 2.3151%

UBS Financial Svcs, TIC 2.3584%

Baird, TIC 2.3689%

BNY Mellon Cap Mkts, TIC 2.3786%

UMB Bank, TIC 2.4324%

Bancroft Capital, TIC 2.4591%



MINNESOTA

Edina Independent School District No 273

Jan 28, 2026 $12,895,000

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

Dated Feb 19, 2026.

Due Feb 1, 2027 to 2031.

Non-callable.

Winning bid: JPMorgan, at 107.8528, TIC 2.2453%.

In association with: Academy Securities Inc..

In association with: Rice Financial Products Company, Stern Brothers & Co..

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

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

Other bidders were:

UBS Financial Svcs, TIC 2.2613%

Loop Capital, TIC 2.2638%

Hilltop Securities, TIC 2.2683%

FHN Fin Cap Mkts, TIC 2.2695%

TD Financial, TIC 2.2728%

Huntington Secs, TIC 2.2747%

Mesirow Financial, TIC 2.2812%

Piper Sandler, TIC 2.2894%

StoneX Fin Inc., TIC 2.2973%

UMB Bank, TIC 2.3027%

Brownstone Inv Grp, TIC 2.318%

Baird, TIC 2.3263%

Jefferies, TIC 2.3308%

Bancroft Capital, TIC 2.3955%



NEW JERSEY

Edgewater Park Township

Jan 28, 2026 $7,000,000

Bond Anticipation Notes, Series 2026 (bank qualified).

Dated Feb 11, 2026.

Due Nov 5, 2026.

Purchased $7,000,000.00 by Piper Sandler, at 3.0%, plus $3,290.00, effective rate 2.9359%.

L.O.: Raymond Coleman, Moorestown, NJ.

F.A.: Phoenix Advisors, Hamilton, NJ.

Other bidders were:

Oppenheimer, Effective Rate 2.9759%



NEW YORK

Phoenix Village

Jan 28, 2026 $250,000

Tax Anticipation Notes, 2026 (bank qualified).

Dated Feb 4, 2026.

Due Apr 30, 2026.

Purchased $250,000.00 by Bank of Greene Co, at 3.59%, effective rate 3.59%.

L.O.: WJ Marquardt PLLC, Skaneateles, NY.

F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.

Tompkins County

Jan 28, 2026 $13,900,000

General Obligation Bond Anticipation Notes, 2026.

Dated Feb 12, 2026.

Due Feb 12, 2027.

Purchased $13,900,000.00 by TD Financial, at 3.5%, plus $150,676.00, effective rate 2.416%.

L.O.: WJ Marquardt PLLC, Skaneateles, NY.

F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.

Other bidders were:

Jefferies, Effective Rate 2.425%

Oppenheimer, Effective Rate 2.5448%



TEXAS

Spring Creek Utility District

Jan 28, 2026 $17,200,000

Unlimited Tax Bonds, Series 2026 (book entry).

Dated Feb 1, 2026.

Due Oct 1, 2027 to 2050.

Callable Oct 1, 2031 at par.

Winning bid: Raymond James, at 98.9710, NIC 4.2273%.

Other managers: Fidelity Capital Markets.

L.O.: Roach & Associates, PLLC, The Woodlands, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX.

Other bidders were:

SWBC Investment Svcs, NIC 4.2343%

Baird, NIC 4.2352%

SAMCO Cap Mkts, NIC 4.2705%

Baker Group, NIC 4.2768%

Hilltop Securities, NIC 4.2998%

UMB Bank, NIC 4.3127%

TD Financial, NIC 4.3876%



WISCONSIN

Milwaukee Area Technical College District

Jan 27, 2026 $1,500,000

General Obligation Promissory Notes, Series 2025-26H (book entry).

Dated Feb 12, 2026.

Due Jun 1, 2027 to 2030.

Non-callable.

Winning bid: Loop Capital, at 103.7473, TIC 2.4991%.

L.O.: Michael, Best & Friedrich, Milwaukee, WI.

F.A.: Baird, Milwaukee, WI.

Other bidders were:

TD Financial, TIC 2.5206%

FHN Fin Cap Mkts, TIC 2.5248%

Brownstone Inv Grp, TIC 2.5523%

Huntington Secs, TIC 2.576%