Market Data
Results of competitive sales: 02/19/2026

CALIFORNIA

Marin Public Financing Authority

Feb 18, 2026 $28,500,000

Wastewater Revenue Bonds, Series 2026A (Las Gallinas Valley Sanitary District) (book entry).

Dated Feb 26, 2026.

Due Apr 1, 2027 to 2056.

Callable Apr 1, 2036 at par.

Winning bid: Fidelity Capital, at 106.1338, TIC 3.7673%.

Other managers: Raymond James & Associates, Inc., Wedbush Securities Inc., Advisors Asset Management Inc, FHN Financial Capital Markets, Zeus Financial, LLC, SAMCO Capital Markets.

L.O.: Stradling, Yocca, Carlson & Rauth, Newport Beach, CA.

F.A.: Ridgeline Municipal Strategies, LLC, Rocklin, CA.

Other bidders were:

Mesirow Financial, TIC 3.7714%

TRB Cap Mkts, TIC 3.7715%

UBS Financial Svcs, TIC 3.7924%

Hilltop Securities, TIC 3.8108%

BofA Securities, TIC 3.8149%

Baird, TIC 3.8169%

Fifth Third Secs, TIC 3.8303%

Morgan Stanley, TIC 3.845%

Huntington Secs, TIC 3.8681%

Cabrera Cap Mkts, TIC 3.8772%

Wells Fargo Corp, TIC 3.881%

Oppenheimer, TIC 3.8829%


Rosemead School District

Feb 17, 2026 $7,055,000

2026 Refunding General Obligation Bonds (book entry).

Dated Mar 3, 2026.

Due Aug 1, 2026 to 2036.

Non-callable.

Winning bid: Fidelity Capital, at 113.5689, TIC 2.0281%.

Other managers: Raymond James & Associates, Inc., Wedbush Securities Inc., Advisors Asset Management Inc, FHN Financial Capital Markets, Zeus Financial, LLC, SAMCO Capital Markets.

L.O.: Jones Hall LLP, San Mateo, CA.

F.A.: Fieldman, Rolapp & Associates, Irvine, CA.

Other bidders were:

Brownstone Inv Grp, TIC 2.0804%

Fifth Third Secs, TIC 2.0995%

SWBC Investment Svcs, TIC 2.104%

Hilltop Securities, TIC 2.1182%

Loop Capital, TIC 2.1277%

Cabrera Cap Mkts, TIC 2.1458%

BofA Securities, TIC 2.1514%

Baird, TIC 2.1564%

Huntington Secs, TIC 2.194%


Southern California Public Power Authority

Feb 18, 2026 $18,205,000

Mead-Adelanto Project, Authority Interest (LADWP), Refunding Revenue Bonds, 2026 Series A (book entry). $10,155,000

Dated Mar 3, 2026.

Due Jul 1, 2026 to 2030.

Non-callable.

Winning bid: TD Financial, at 107.5153, TIC 2.0834%.


Mead-Phoenix Project, Authority Interest (LADWP), Refunding Revenue Bonds, 2026 Series A (book entry). $8,050,000

Dated Mar 3, 2026.

Due Jul 1, 2026 to 2030.

Non-callable.

Winning bid: TD Financial, at 107.5153, TIC 2.0834%.

L.O.: Norton Rose Fulbright US LLP, Los Angeles, CA.

F.A.: PFM Financial Advisors LLC, Los Angeles, CA; and PFM Financial Advisors LLC, Charlotte, NC.

Other bidders were:

PNC Capital Markets, TIC 2.1626%

JPMorgan, TIC 2.2083%

Cabrera Cap Mkts, TIC 2.2506%

BofA Securities, TIC 2.2565%

Wells Fargo Corp, TIC 2.2642%

Loop Capital, TIC 2.2705%

Morgan Stanley, TIC 2.279%

RBC Capital Mkts, TIC 2.2835%

Huntington Secs, TIC 2.2896%

Barclays Capital, TIC 2.291%

FHN Fin Cap Mkts, TIC 2.3038%

Jefferies, TIC 2.3083%

Baird, TIC 2.3968%

Truist Secs, Inc., TIC 26.1249%



COLORADO

Denver (City and County)

Feb 18, 2026 $217,575,000

General Obligation Vibrant Denver Bonds, Series 2026A (book entry).

Dated Mar 5, 2026.

Due Aug 1, 2026 to 2050.

Callable Aug 1, 2036 at par.

Winning bid: Jefferies, at 114.6895, TIC 4.0497%.

L.O.: Kutak Rock, Denver, CO.

F.A.: Hilltop Securities Inc., Denver, CO.

Other bidders were:

BofA Securities, TIC 4.0525%

JPMorgan, TIC 4.0532%

Wells Fargo Corp, TIC 4.0539%

RBC Capital Mkts, TIC 4.0555%

Morgan Stanley, TIC 4.0622%

Fifth Third Secs, TIC 4.0633%

Truist Secs, Inc., TIC 4.064%

Huntington Secs, TIC 4.0711%

Stifel Nicolaus, TIC 4.0717%

TD Financial, TIC 4.078%

BNY Mellon Cap Mkts, TIC 4.2149%



IOWA

Perry (City)

Feb 17, 2026 $6,830,000

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

Dated Mar 4, 2026.

Due Jun 1, 2029 to 2038.

Callable Jun 1, 2034 at par.

Winning bid: BOK Fin Secs, at 108.3711, TIC 3.2126%.

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

F.A.: PFM Financial Advisors LLC, Des Moines, IA.

Other bidders were:

Baird, TIC 3.2634%

Loop Capital, TIC 3.2809%

Northland Securities, TIC 3.3694%

Hilltop Securities, TIC 3.4933%



MARYLAND

Howard County

Feb 18, 2026 $19,685,000

General Obligation Bonds Metropolitan District Project Bonds, 2026 Series B (Tax-Exempt) (book entry).

Dated Mar 4, 2026.

Due Aug 15, 2026 to 2055.

Callable Aug 15, 2035 at par.

Winning bid: Baird, at 103.5579, TIC 3.9696%.

Other managers: CL King & Associates, Edward Jones, Stifel, Nicolaus & Co., Inc., Crews & Associates, Inc., SouthState Securities, Oppenheimer & Co., Inc., Northland Securities, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, Celadon Financial Group, LLC, Middlegate Securities, A.G.P./Alliance Global Partners, Midland Securities Ltd, PNC Capital Markets, FMSbonds, Inc., First Kentucky Securities Corp., Bernardi Securities, Inc., BOK Financial Securities, First Southern LLC, Mountainside Securities LLC, StoneX Financial Inc., Dinosaur Securities, First Bankers' Banc Securities Inc., Blaylock Van, LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.

L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.

F.A.: Davenport & Company LLC, Towson, MD.

Other bidders were:

UBS Financial Svcs, TIC 3.9759%

Huntington Secs, TIC 4.0214%

BofA Securities, TIC 4.0387%

FHN Fin Cap Mkts, TIC 4.0471%

Hilltop Securities, TIC 4.05%

Morgan Stanley, TIC 4.0819%

Wells Fargo Corp, TIC 4.088%

Mesirow Financial, TIC 4.14%



MASSACHUSETTS

Lexington (Town)

Feb 18, 2026 $22,245,000

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

Dated Feb 26, 2026.

Due Feb 1, 2027 to 2036.

Non-callable.

Winning bid: Fidelity Capital, at 114.6812, TIC 2.0262%.

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.: Hilltop Securities Inc., Boston, MA.

Other bidders were:

Cabrera Cap Mkts, TIC 2.0561%

Mesirow Financial, TIC 2.0592%

Huntington Secs, TIC 2.072%

TD Financial, TIC 2.0789%

Fifth Third Secs, TIC 2.0813%

UBS Financial Svcs, TIC 2.0975%

UMB Bank, TIC 2.0983%

BNY Mellon Cap Mkts, TIC 2.114%

Baird, TIC 2.1239%

Loop Capital, TIC 2.1636%

FHN Fin Cap Mkts, TIC 2.1638%

Piper Sandler, TIC 2.2638%

Jefferies, TIC 2.2641%

Bancroft Capital, TIC 2.277%

Swampscott (Town)

Feb 18, 2026 $9,599,331

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

Dated Mar 4, 2026.

Due Mar 4, 2027.

Purchased $5,599,331.00 by Jefferies, at 4.0%, plus $96,756.44, effective rate 2.272%.

Purchased $4,000,000.00 by Truist Secs, Inc., at 4.0%, plus $70,040.00, effective rate 2.249%.

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:

Jefferies, Effective Rate 2.272%

Huntington Secs, Effective Rate 2.2759%

Fidelity Capital, Effective Rate 2.289%

TD Financial, Effective Rate 2.294%

Oppenheimer, Effective Rate 2.333%

Hilltop Securities, Effective Rate 2.35%



MICHIGAN

Lakeview Public Schools

Feb 17, 2026 $11,965,000

2026 School Building and Site Bonds (Unlimited Tax General Obligation (Michigan School Bond Qualification and Loan Program) (book entry).

Dated Mar 12, 2026.

Due Nov 1, 2026 to 2044.

Callable May 1, 2036 at par.

Winning bid: KeyBanc Cap Mkts, at 107.9395, TIC 3.7136%.

L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.

F.A.: Baker Tilly Municipal Advisors, LLC, Southfield, MI; and Baker Tilly Municipal Advisors, LLC, East Lansing, MI.

Other bidders were:

UBS Financial Svcs, TIC 3.7639%

Baird, TIC 3.7752%

Hilltop Securities, TIC 3.7896%

Brownstone Inv Grp, TIC 3.7968%

Huntington Secs, TIC 3.928%

FHN Fin Cap Mkts, TIC 3.9956%



MINNESOTA

East Grand Forks (City)

Feb 17, 2026 $11,725,000

General Obligation Sales Tax Revenue Bonds, Series 2026A (book entry).

Dated Mar 19, 2026.

Due Dec 1, 2026 to 2045.

Callable Dec 1, 2035 at par.

Winning bid: Piper Sandler, at 109.7989, TIC 3.4349%.

L.O.: Kutak Rock, Minneapolis, MN.

F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN.

Other bidders were:

UMB Bank, TIC 3.4634%

Hilltop Securities, TIC 3.4685%

Fidelity Capital, TIC 3.4828%

Baird, TIC 3.4878%

UBS Financial Svcs, TIC 3.5199%

TD Financial, TIC 3.5588%


Luverne (City)

Feb 17, 2026 $2,180,000

General Obligation Utility Revenue Bonds, Series 2026A (Minnesota State Credit Enhancement Program) (bank qualified) (book entry).

Dated Mar 18, 2026.

Due Feb 1, 2027 to 2041.

Callable Feb 1, 2034 at par.

Winning bid: Brownstone Inv Grp, at 109.7333, TIC 3.1528%.

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

F.A.: Northland Securities, Inc., Minneapolis, MN.

Other bidders were:

Baird, TIC 3.1679%

Raymond James, TIC 3.2227%

BOK Fin Secs, TIC 3.2273%

Stifel Nicolaus, TIC 3.2726%


North St Paul-Maplewood-Oakdale Independent School District No 622

Feb 17, 2026 $21,730,000

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

Dated Mar 12, 2026.

Due Feb 1, 2028 to 2041.

Callable Feb 1, 2034 at par.

Winning bid: FHN Fin Cap Mkts, at 112.4432, TIC 3.1279%.

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

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

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

Other bidders were:

Piper Sandler, TIC 3.1292%

Mesirow Financial, TIC 3.1595%

KeyBanc Cap Mkts, TIC 3.1765%

Baird, TIC 3.1921%

Jefferies, TIC 3.1937%

Hilltop Securities, TIC 3.2051%

Huntington Secs, TIC 3.2085%

Fifth Third Secs, TIC 3.2365%

Loop Capital, TIC 3.2485%



NEW JERSEY

Bordentown (City)

Feb 18, 2026 $3,551,500

Bond Anticipation Notes, Series 2026A (bank qualified) (book entry).

Dated Mar 4, 2026.

Due Mar 3, 2027.

Purchased $3,551,500.00 by BNY Mellon Cap Mkts, at 3.0%, plus $14,704.98, effective rate 2.5848%.

L.O.: Malamut & Associates, LLC, Cherry Hill, NJ.

F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.

Other bidders were:

Hilltop Securities, Effective Rate 2.7038%

Oppenheimer, Effective Rate 2.772%

Pennsville Natl Bk, Effective Rate 2.95%

TD Financial, Effective Rate 2.9992%

Brooklawn Borough

Feb 18, 2026 $2,642,940

Bond Anticipation Notes of 2026, Series A Consisting of: $1,263,940 General Improvement Notes $1,379,000 Water Utility Notes (bank qualified) (book entry).

Dated Feb 26, 2026.

Due Feb 25, 2027.

Purchased $2,642,940.00 by Hilltop Securities, at 4.0%, plus $34,924.07, effective rate 2.6749%.

L.O.: Parker, McCay, P.A., Mount Laurel, NJ.

F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.

Other bidders were:

Oppenheimer, Effective Rate 2.7259%

Piper Sandler, Effective Rate 2.9121%

First Colonial, Effective Rate 2.95%

Pennsville Natl Bk, Effective Rate 2.95%

Roosevelt & Cross, Effective Rate 3.0889%


Cumberland Regional High School District Board of Education

Feb 18, 2026 $9,995,000

School Bonds, Series 2026 (New Jersey School Bond Reserve Act, 1980 N.J. Laws c. 72, as amended) (bank qualified) (book entry).

Dated Mar 4, 2026.

Due Sep 1, 2027 to 2040.

Callable Sep 1, 2033 at par.

Winning bid: Roosevelt & Cross, at 100.0100, NIC 3.272%.

Other managers: Stifel, Nicolaus & Co., 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:

Baird, NIC 3.2023%

Brownstone Inv Grp, NIC 3.2766%

Raymond James, NIC 3.3314%

Huntington Secs, NIC 3.3908%

Ramsey Borough

Feb 18, 2026 $23,715,000

General Obligation Notes consisting of (I) $23,615,000 BAN Comprised of $14,880,000 General BAN $8,735,000 Water-Sewer Utility BAN (II) $100,000 Special Emergency Notes (book entry).

Dated Feb 26, 2026.

Due Feb 26, 2027.

Purchased $23,715,000.00 by TD Financial, at 4.0%, plus $411,929.55, effective rate 2.263%.

L.O.: Rogut McCarthy LLC, Cranford, NJ.

F.A.: Municipal Official(s).

Other bidders were:

Truist Secs, Inc., Effective Rate 2.283%

Oppenheimer, Effective Rate 2.327%

Jefferies, Effective Rate 2.337%

BofA Securities, Effective Rate 2.413%

Riverdale Borough

Feb 18, 2026 $5,246,000

Bond Anticipation Notes, Series 2026 Consisting of $4,406,000 General Improvement Bond Anticipation Note $840,000 Water/Sewer Utility Bond Anticipation Note.

Dated Mar 3, 2026.

Due Mar 2, 2027.

Purchased $5,246,000.00 by Oppenheimer, at 3.5%, plus $59,961.78, effective rate 2.3538%.

L.O.: McManimon Scotland & Baumann, Roseland, NJ.

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

Other bidders were:

Jefferies, Effective Rate 2.3815%

Hilltop Securities, Effective Rate 2.3863%

TD Financial, Effective Rate 2.3996%

Fidelity Capital, Effective Rate 2.4888%



NEW YORK

Amsterdam (City)

Feb 18, 2026 $8,950,278

Bond Anticipation Notes, 2026.

Dated Mar 4, 2026.

Due Mar 3, 2027.

Purchased $8,950,278.00 by Oppenheimer, at 4.375%, plus $1,590.00, effective rate 4.3571%.

L.O.: Norton Rose Fulbright US LLP, New York, NY.

F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.

Other bidders were:

Jefferies, Effective Rate 4.3612%

Odessa Village

Feb 18, 2026 $655,000

Bond Anticipation Notes, 2026 (bank qualified).

Dated Mar 5, 2026.

Due Feb 3, 2027.

Purchased $655,000.00 by Bank of Greene Co, at 3.88%, effective rate 3.88%.

L.O.: Orrick, Herrington & Sutcliffe, New York, NY.

F.A.: Municipal Solutions, Inc., Canandaigua, NY.

Other bidders were:

Oppenheimer, Effective Rate 4.1038%

Roosevelt & Cross, Effective Rate 4.25%


Peru Central School District

Feb 17, 2026 $556,925

School District (Serial) Bonds, 2026 (bank qualified).

Dated Mar 10, 2026.

Due Jun 15, 2027 to 2030.

Non-callable.

Winning bid: Roosevelt & Cross, at n/a, NIC 3.4247%.

L.O.: Harris Beach PLLC, Pittsford, NY.

F.A.: Bernard P. Donegan, Inc., Fairport, NY.


Ridge Fire District

Feb 18, 2026 $9,355,000

Fire District Refunding Serial Bonds - 2026.

Dated Mar 11, 2026.

Due Nov 15, 2026 to 2043.

Callable Nov 15, 2040 at par.

Winning bid: FHN Fin Cap Mkts, at 115.9141, TIC 2.8216%.

Other managers: Roosevelt & Cross, Inc., Stifel, Nicolaus & Co., Inc., R. Seelaus & Co., Inc., Edward Jones, CINCaP Investment Group, Oppenheimer & Co., Inc., TRB Capital Markets, LLC.

L.O.: Hawkins, Delafield & Wood, New York, NY.

F.A.: Munistat Services, Inc., Port Jefferson, NY.

Other bidders were:

Baird, TIC 2.8607%

StoneX Fin Inc., TIC 2.8635%

Rockland Central School District

Feb 18, 2026 $6,000,000

General Obligation Bond Anticipation Notes, 2026 Series A.

Dated Mar 4, 2026.

Due Jul 30, 2026.

Purchased $6,000,000.00 by TD Financial, at 3.25%, plus $7,500.00, effective rate 2.9418%.

L.O.: Orrick, Herrington & Sutcliffe, New York, NY.

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

Other bidders were:

Oppenheimer, Effective Rate 3.1397%

Village of Fultonville

Feb 18, 2026 $200,000

Bond Anticipation Notes, 2026 (Renewals) (bank qualified).

Dated Feb 26, 2026.

Due Feb 26, 2027.

Purchased $200,000.00 by Roosevelt & Cross, at 4.0%, plus $632.00, effective rate 3.684%.

L.O.: Harris Beach Murtha Cullina PLLC, New York, NY.

F.A.: Munistat Services, Inc., Port Jefferson, NY.

Other bidders were:

Bank of Greene Co, Effective Rate 3.73%

NBT Bank, Effective Rate 3.75%

Oppenheimer, Effective Rate 4.3475%

Woodridge Village

Feb 18, 2026 $1,605,000

Bond Anticipation Notes, 2026 (bank qualified).

Dated Mar 4, 2026.

Due Mar 3, 2027.

Purchased $1,605,000.00 by Piper Sandler, at 3.5%, plus $11,026.35, effective rate 2.811%.

L.O.: Hawkins, Delafield & Wood, New York, NY.

F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.

Other bidders were:

Roosevelt & Cross, Effective Rate 3.1641%

Hilltop Securities, Effective Rate 3.2951%

Oppenheimer, Effective Rate 3.5263%

Bank of Greene Co, Effective Rate 3.59%



TEXAS

Webster Economic Development Corporation

Feb 17, 2026 $15,110,000

Sales Tax Revenue Bonds, Series 2026 (book entry).

Dated Mar 1, 2026.

Due Sep 15, 2026 to 2045.

Callable Sep 15, 2035 at par.

Winning bid: KeyBanc Cap Mkts, at 107.1731, TIC 3.7114%.

L.O.: Hunton Andrews Kurth LLP, Houston, TX; and State Attorney General.

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

Other bidders were:

Baird, TIC 3.7299%

Hilltop Securities, TIC 3.7416%

Raymond James, TIC 3.7475%


Wellborn Special Utility District

Feb 17, 2026 $60,335,000

Water System Revenue Bonds, Series 2026 (book entry).

Dated Mar 1, 2026.

Due Jul 15, 2027 to 2050.

Callable Jul 15, 2035 at par.

Winning bid: JPMorgan, at 100.0509, NIC 3.9681%.

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

F.A.: Hilltop Securities Inc., Dallas, TX.

Other bidders were:

Baird, NIC 4.0655%

SAMCO Cap Mkts, NIC 4.067%

Jefferies, NIC 4.0999%

Wells Fargo Corp, NIC 4.203%

Raymond James, NIC 4.2897%



WISCONSIN

Kewaunee School District

Feb 17, 2026 $9,300,000

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

Dated Apr 2, 2026.

Due Apr 1, 2027 to 2046.

Callable Apr 1, 2034 at par.

Winning bid: BOK Fin Secs, at 100.1568, TIC 3.9866%.

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

F.A.: Baird, Milwaukee, WI.

Other bidders were:

Northland Securities, TIC 3.9926%

Piper Sandler, TIC 3.9937%

Hilltop Securities, TIC 3.9965%

Stifel Nicolaus, TIC 4.0099%

Bernardi Securities, TIC 4.0489%


Sheboygan (Town)

Feb 17, 2026 $5,120,000

General Obligation Promissory Notes, Series 2026A (bank qualified) (book entry).

Dated Mar 5, 2026.

Due Mar 1, 2027 to 2041.

Callable Mar 1, 2034 at par.

Winning bid: BOK Fin Secs, at 105.0747, TIC 3.5417%.

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

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

Other bidders were:

Northland Securities, TIC 3.6141%

Baird, TIC 3.6193%



TAXABLE ISSUES


ILLINOIS

Marengo Park District

Feb 18, 2026 $166,585

Taxable General Obligation Limited Tax Park Bonds, Series 2026.

Dated Mar 5, 2026.

Due Dec 15, 2026 to 2027.

Non-callable.

Winning bid: Sauk Valley Bk, at n/a, NIC 3.835%.

L.O.: Chapman and Cutler LLP, Chicago, IL.

F.A.: Speer Financial, Inc., Chicago, IL.

Other bidders were:

Peoples Natl Bk, NIC 4.37%



MARYLAND

Howard County

Feb 18, 2026 $17,360,000

General Obligation Bonds Consolidated Public Improvement Project Bonds, 2026 Series D (Taxable) (book entry).

Dated Mar 4, 2026.

Due Aug 15, 2026 to 2045.

Callable Aug 15, 2035 at par.

Winning bid: Huntington Secs, at 100.1363, TIC 4.5943%.

L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.

F.A.: Davenport & Company LLC, Towson, MD.

Other bidders were:

Raymond James, TIC 4.6011%

Hilltop Securities, TIC 4.6179%

Piper Sandler, TIC 4.6242%

Baird, TIC 4.6376%

UMB Bank, TIC 4.6414%

BofA Securities, TIC 4.8744%