Market Data
Results of competitive sales: 03/24/2026



IOWA

Hull (City)

Mar 23, 2026 $3,855,000

General Obligation Urban Renewal Capital Loan Notes, Series 2026 (bank qualified) (book entry).

Dated Apr 29, 2026.

Due Jun 1, 2028 to 2040.

Callable Jun 1, 2033 at par.

Winning bid: Baird, at 107.6074, TIC 3.8311%.

Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, UMB Bank, N.A., Crews & Associates, Inc., Cadz Securities Inc,, Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, Central States Capital Markets, LLC, FMSbonds, Inc., Isaak Bond Investments, Inc., Midland Securities Ltd, First Southern LLC, Blaylock Van, LLC, Multi-Bank Securities Inc., Dinosaur Securities, First Bankers' Banc Securities Inc., United Banker's Bank, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.

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

Other bidders were:

BOK Fin Secs, TIC 3.9119%

TD Financial, TIC 3.918%

Stifel Nicolaus, TIC 3.9394%

Northland Securities, TIC 3.9775%




OKLAHOMA

Washington County Independent School District No. 18 (Caney Valley)

Mar 23, 2026 $3,035,000

Combined Purpose Bonds of 2026 (bank qualified) (book entry).

Dated May 1, 2026.

Due May 1, 2028 to 2033.

Non-callable.

Winning bid: Baker Group, at n/a, NIC 3.6858%.

In association with: The American Heritage Bank.

L.O.: State Attorney General.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Baird, NIC 3.7502%

Northland Securities, NIC 3.9684%

BOK Fin Secs, NIC 4.466%




TENNESSEE

Henry County

Mar 23, 2026 $8,755,000

General Obligation Public Improvement Bonds, Series 2026 (bank qualified) (book entry).

Dated Apr 9, 2026.

Due May 1, 2027 to 2046.

Callable May 1, 2035 at par.

Winning bid: BOK Fin Secs, at 103.8057, TIC 3.7604%.

L.O.: Bass, Berry & Sims PLC, Nashville, TN.

F.A.: Raymond James & Associates, Inc., Nashville, TN; and Raymond James & Associates, Inc., St. Petersburg, FL.

Other bidders were:

Baird, TIC 3.7711%

Stifel Nicolaus, TIC 3.7784%

FHN Fin Cap Mkts, TIC 3.7825%

Hilltop Securities, TIC 3.8625%

Crews & Associates, TIC 3.9706%




WISCONSIN

Ladysmith (City)

Mar 23, 2026 $3,235,000

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

Dated Apr 13, 2026.

Due Sep 1, 2027 to Mar 1, 2046.

Callable Sep 1, 2034 at par.

Winning bid: BOK Fin Secs, at 101.7544, TIC 3.9601%.

L.O.: Fryberger, Buchanan, Smith & Frederick, Duluth, MN.

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

Other bidders were:

Northland Securities, TIC 4.0698%

Baird, TIC 4.2325%




Union Grove Village

Mar 23, 2026 $3,210,000

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

Dated Apr 15, 2026.

Due Apr 1, 2027 to 2046.

Callable Apr 1, 2034 at par.

Winning bid: Baird, at 101.7045, TIC 4.0152%.

Other managers: CL King & Associates, Fidelity Capital Markets, Crews & Associates, Inc., Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, Bernardi Securities, Inc., Cadz Securities Inc,, A.G.P./Alliance Global Partners, UMB Bank, N.A., Midland Securities Ltd, FMSbonds, Inc., StoneX Financial Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Blaylock Van, LLC, United Banker's Bank, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.

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

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

Other bidders were:

Northland Securities, TIC 4.0156%

Hilltop Securities, TIC 4.0656%

BOK Fin Secs, TIC 4.0761%




Wauwatosa School District

Mar 23, 2026 $45,000,000

General Obligation Promissory Notes (book entry).

Dated Apr 9, 2026.

Due Apr 1, 2028 to 2046.

Callable Apr 1, 2034 at par.

Winning bid: Northland Securities, at 100.2954, TIC 4.2806%.

Other managers: Celadon Financial Group, LLC, Edward Jones, CL King & Associates, Falcon Square Capital, Carty, Harding, & Hearn, Inc..

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

F.A.: Baird, Milwaukee, WI.

Other bidders were:

Mesirow Financial, TIC 4.3027%

Oppenheimer, TIC 4.3032%

Jefferies, TIC 4.3399%

R. Seelaus, TIC 4.3688%

Hilltop Securities, TIC 4.3712%

JPMorgan, TIC 4.372%




TAXABLE ISSUES




IOWA

West Des Moines (City)

Mar 23, 2026 $44,700,000

Taxable General Obligation Local Option Sales Tax Bonds, Series 2026A (book entry).

Dated Apr 29, 2026.

Due Jun 1, 2027 to 2045.

Callable Jun 1, 2034 at par.

Winning bid: Piper Sandler, at 100.6445, TIC 4.9802%.

L.O.: Ahlers & Cooney, P.C., Des Moines, IA.

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

Other bidders were:

Hilltop Securities, TIC 4.9811%

JPMorgan, TIC 4.9816%

Wells Fargo Corp, TIC 4.99%

Raymond James, TIC 4.998%

FHN Fin Cap Mkts, TIC 5.0825%

Baird, TIC 5.0938%

Oppenheimer, TIC 5.148%

UBS Financial Svcs, TIC 5.1499%