Market Data
Results of competitive sales: 03/02/2026

CALIFORNIA

Santa Clara County Financing Authority

Feb 26, 2026 $411,925,000

Lease Revenue Bonds, (Capital Facilities) 2026 Series A (book entry).

Dated Mar 12, 2026.

Due Nov 1, 2026 to 2055.

Callable Nov 1, 2035 at par.

Winning bid: Morgan Stanley, at 102.9011, TIC 3.8016%.

Other managers: Ramirez & Co., Inc., R. Seelaus & Co., Inc., American Veterans Group, Siebert Williams Shank & Co., L.L.C, Cabrera Capital Markets, LLC, Raymond James & Associates, Inc., Fidelity Capital Markets, FHN Financial Capital Markets.

L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.

F.A.: KNN Public Finance, Berkeley, CA.

Other bidders were:

BofA Securities, TIC 3.8019%

Jefferies, TIC 3.8728%

Wells Fargo Corp, TIC 3.884%

JPMorgan, TIC 3.973%



CONNECTICUT

New London (City)

Feb 26, 2026 $12,500,000

General Obligation Bonds, Issue of 2026 (book entry).

Dated Mar 12, 2026.

Due Mar 15, 2029 to 2046.

Callable Mar 15, 2033 at par.

Winning bid: Cabrera Cap Mkts, at 108.7995, TIC 3.1916%.

L.O.: Tobin Carberry O'Malley Riley & Selinger, P.C., New London, CT.

F.A.: Munistat Services, Inc., Madison, CT.

Other bidders were:

BNY Mellon Cap Mkts, TIC 3.1918%

Roosevelt & Cross, TIC 3.2185%

Huntington Secs, TIC 3.2197%

Brownstone Inv Grp, TIC 3.2239%

Raymond James, TIC 3.2261%

Baker Group, TIC 3.2375%

Baird, TIC 3.2427%

Hilltop Securities, TIC 3.2591%

UBS Financial Svcs, TIC 3.2593%

Loop Capital, TIC 3.2811%

Bancroft Capital, TIC 3.322%

Mesirow Financial, TIC 3.4397%



NEVADA

Clark County School District

Feb 26, 2026 $41,095,000

General Obligation (Limited Tax) Various Purpose Medium-Term Bonds Series 2026B (book entry).

Dated Mar 12, 2026.

Due Mar 1, 2027 to 2036.

Non-callable.

Winning bid: Fifth Third Secs, at 109.8516, TIC 2.4091%.

L.O.: Taft, Stettinius & Hollister LLP, Las Vegas, NV.

F.A.: AAA Municipal Services LLC, Las Vegas, NV.

Other bidders were:

JPMorgan, TIC 2.4191%

Wells Fargo Corp, TIC 2.4403%

TD Financial, TIC 2.5101%

Truist Secs, Inc., TIC 2.5766%

UBS Financial Svcs, TIC 2.659%



NEW JERSEY

Nutley Township

Feb 26, 2026 $7,750,000

Bond Anticipation Notes (bank qualified).

Dated Mar 12, 2026.

Due Mar 12, 2027.

Purchased $7,750,000.00 by Oppenheimer, at 3.5%, plus $74,325.00, effective rate 2.541%.

L.O.: Hawkins, Delafield & Wood, Newark, NJ.

F.A.: Municipal Official(s).

Other bidders were:

TD Financial, Effective Rate 2.602%



TEXAS

Eagle Mountain-Saginaw Independent School District

Feb 26, 2026 $19,270,000

Maintenance Tax Notes, Series 2026 (book entry).

Dated Feb 15, 2026.

Due Aug 15, 2027 to 2034.

Callable Aug 15, 2029 at par.

Winning bid: Mesirow Financial, at 104.3525, TIC 2.8092%.

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

F.A.: BOK Financial Securities, Plano, TX; and BOK Financial Securities, Richardson, TX.

Other bidders were:

Baird, TIC 2.9684%

PNC Capital Markets, TIC 2.9799%

Hilltop Securities, TIC 2.9898%

Fidelity Capital, TIC 2.9978%

TD Financial, TIC 2.9991%

Piper Sandler, TIC 3.0104%

TRB Cap Mkts, TIC 3.0682%

Huntington Secs, TIC 3.0927%

FHN Fin Cap Mkts, TIC 3.106%

RBC Capital Mkts, TIC 3.1225%

Bancroft Capital, TIC 3.1604%

Jefferies, TIC 3.1609%

KeyBanc Cap Mkts, TIC 3.2041%

Baker Group, TIC 3.2108%

Frost Natl Bk, TIC 3.2938%


Liberty County Municipal Utility District No. 9

Feb 26, 2026 $3,225,000

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

Dated Mar 1, 2026.

Due Sep 1, 2027 to 2051.

Callable Sep 1, 2031 at par.

Winning bid: GMS Group, at 97.0000, NIC 4.8599%.

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:

Hilltop Securities, NIC 4.8821%

Crews & Associates, NIC 5.019%