Market Data
Results of competitive sales: 04/14/2026



ILLINOIS

Villa Park Village

Apr 13, 2026 $8,825,000

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

Dated Apr 28, 2026.

Due Dec 15, 2026 to 2034.

Non-callable.

Winning bid: Huntington Secs, at n/a, TIC 2.9834%.

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

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

Other bidders were:

Hilltop Securities, TIC 3.0066%

TD Financial, TIC 3.0741%

R. Seelaus, TIC 3.0801%

Baird, TIC 3.0843%

Oppenheimer, TIC 3.1697%




MICHIGAN

Kenowa Hills Public Schools

Apr 13, 2026 $26,560,000

2026 School Bulding And Site (Series III) And Refunding Bonds (General Obligation - Unlimited Tax) (Michigan School Bond Qualification and Loan Program).

Dated May 7, 2026.

Due Nov 1, 2026 to 2045.

Callable May 1, 2036 at par.

Winning bid: UBS Financial Svcs, at 105.8865, TIC 3.8245%.

L.O.: Thrun Law Firm, P.C., East Lansing, MI.

F.A.: Baker Tilly Municipal Advisors, LLC, Southfield, MI; and Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.

Other bidders were:

Fifth Third Secs, TIC 3.8273%

TD Financial, TIC 3.8388%

Hilltop Securities, TIC 3.8646%

FHN Fin Cap Mkts, TIC 3.8752%

Mesirow Financial, TIC 3.8855%

Huntington Secs, TIC 3.8886%

Oppenheimer, TIC 3.889%

TRB Cap Mkts, TIC 3.8948%

Baird, TIC 3.9111%

R. Seelaus, TIC 3.9135%

BofA Securities, TIC 3.949%




MINNESOTA

Crosslake (City)

Apr 13, 2026 $1,145,000

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

Dated Apr 27, 2026.

Due Feb 1, 2027 to 2036.

Callable Feb 1, 2033 at par.

Winning bid: Baird, at 104.2492, NIC 3.2188%.

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

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

F.A.: David Drown Associates, Minneapolis, MN.

Other bidders were:

UMB Bank, NIC 3.2348%

Raymond James, NIC 3.2857%

BOK Fin Secs, NIC 3.2968%

TD Financial, NIC 3.3082%

Northland Securities, NIC 3.3626%




TEXAS

Anderson-Shiro Consolidated Independent School District

Apr 13, 2026 $14,490,000

Unlimited Tax School Building Bonds, Series 2026 (The Permanent School Fund Guarantee Program) (book entry).

Dated May 1, 2026.

Due Feb 15, 2027 to 2051.

Callable Feb 15, 2034 at par.

Winning bid: Fidelity Capital, at 101.0422, TIC 4.299%.

Other managers: Raymond James & Associates, Inc., Ramirez & Co., Inc., Zeus Financial, LLC.

L.O.: Walsh Gallegos Kyle Robinson & Roalson P.C.,, San Antonio, TX; Cantu Harden Montoya LLP, San Antonio, TX; and State Attorney General.

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

Other bidders were:

Baird, TIC 4.3049%

Oppenheimer, TIC 4.3487%

Hilltop Securities, TIC 4.3568%

JPMorgan, TIC 4.3646%

Frost Natl Bk, TIC 4.3837%

TRB Cap Mkts, TIC 4.3873%

TD Financial, TIC 4.4061%

FHN Fin Cap Mkts, TIC 4.5187%

Huntington Secs, TIC 4.5368%

Morgan Stanley, TIC 4.5558%

Mesirow Financial, TIC 4.5999%


Harris County Municipal Utility District No. 552

Apr 13, 2026 $3,000,000

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

Dated May 1, 2026.

Due Sep 1, 2027 to 2050.

Callable Sep 1, 2030 at par.

Winning bid: Fidelity Capital, at 97.0090, NIC 4.3779%.

L.O.: Sanford Kuhl Hagen Kugle Parker Kahn LLP, Houston, TX; and State Attorney General.

F.A.: Baird, Houston, TX.

Other bidders were:

Raymond James, NIC 4.3841%

SAMCO Cap Mkts, NIC 4.3858%

Hilltop Securities, NIC 4.4197%

Crews & Associates, NIC 4.4532%

RBC Capital Mkts, NIC 4.5214%

Northland Securities, NIC 4.528%

Stifel Nicolaus, NIC 4.6716%




WISCONSIN

Rochester Village

Apr 13, 2026 $2,600,000

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

Dated May 7, 2026.

Due Apr 1, 2027 to 2046.

Callable Apr 1, 2034 at par.

Winning bid: Baird, at 102.7887, TIC 3.9011%.

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, Midland Securities Ltd, FMSbonds, Inc., StoneX Financial Inc., First Southern LLC, Dinosaur Securities, Blaylock Van, LLC, Mountainside Securities LLC, United Banker's Bank, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.

L.O.: Husch Blackwell LLP, Milwaukee, WI.

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

Other bidders were:

BOK Fin Secs, TIC 3.948%

Hilltop Securities, TIC 4.0555%