Market Data
Results of competitive sales: 05/18/2026



IOWA

Cedar Rapids (City)

May 14, 2026 $3,075,000

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

Dated Jun 18, 2026.

Due Jun 1, 2027 to 2046.

Callable Jun 1, 2034 at par.

Winning bid: Brownstone Inv Grp, at 105.3240, TIC 3.8925%.

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

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

Other bidders were:

Baird, TIC 3.9582%

Raymond James, TIC 3.9717%

TD Financial, TIC 3.9728%




KANSAS

Manhattan (City)

May 14, 2026 $29,370,000

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

Dated Jun 9, 2026.

Due Nov 1, 2027 to 2041.

Callable Nov 1, 2036 at par.

Winning bid: TD Financial, at 108.8298, TIC 3.4847%.

L.O.: Gilmore & Bell, Wichita, KS.

F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN; and Baker Tilly Municipal Advisors, LLC, Overland Park, KS.

Other bidders were:

R. Seelaus & Co., LL, TIC 3.537%

Baird, TIC 3.5609%

Jefferies, TIC 3.5939%

KeyBanc Cap Mkts, TIC 3.6412%


Manhattan (City)

May 14, 2026 $29,985,000

General Obligation Temporary Notes, Series 2026-01 (book entry).

Dated Jun 15, 2026.

Due Jun 15, 2028 to 2030.

Callable Jun 15, 2027 at par.

Winning bid: Piper Sandler, at 100.0019, TIC 3.4493%.

L.O.: Gilmore & Bell, Wichita, KS.

F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN; and Baker Tilly Municipal Advisors, LLC, Overland Park, KS.

Other bidders were:

Loop Capital, TIC 3.5607%

KeyBanc Cap Mkts, TIC 3.5909%

Baird, TIC 3.6851%

Jefferies, TIC 3.7476%

R. Seelaus & Co., LL, TIC 3.8116%




MASSACHUSETTS

Groveland (Town)

May 14, 2026 $3,270,000

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

Dated May 28, 2026.

Due May 15, 2027 to 2046.

Callable May 15, 2035 at par.

Winning bid: Brownstone Inv Grp, at 107.4588, TIC 3.5666%.

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

F.A.: Hilltop Securities Inc., Boston, MA.

Other bidders were:

Fidelity Capital, TIC 3.5954%

Roosevelt & Cross, TIC 3.62%

Baird, TIC 3.6824%




MICHIGAN

Lake Orion Community School District

May 13, 2026 $12,880,000

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

Dated Jun 10, 2026.

Due May 1, 2027 to 2040.

Callable May 1, 2036 at par.

Winning bid: R. Seelaus & Co., LL, at 108.7736, TIC 3.5104%.

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

F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.

Other bidders were:

Huntington Secs, TIC 3.5191%

Baird, TIC 3.5219%

TD Financial, TIC 3.5351%

Stifel Nicolaus, TIC 3.5418%

StoneX Fin Inc., TIC 3.5688%

KeyBanc Cap Mkts, TIC 3.5691%

Oppenheimer, TIC 3.5738%

Hilltop Securities, TIC 3.729%




NEW YORK

East Irondequoit Central School District

May 14, 2026 $1,700,000

General Obligation Bonds School District (Serial) Bonds, 2026 (book entry).

Dated Jun 1, 2026.

Due Jun 15, 2027 to 2041.

Callable Jun 15, 2034 at par.

Winning bid: Brownstone Inv Grp, at 103.7330, NIC 3.5734%.

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

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

Other bidders were:

Roosevelt & Cross, NIC 3.5903%

Fidelity Capital, NIC 3.5961%

TD Financial, NIC 3.5965%

Baird, NIC 3.6661%


BNY Mellon Cap Mkts, NIC 3.7792%

Hoosic Valley Central School District

May 14, 2026 $9,200,000

General Obligation School District (Serial) Bonds, 2026 (bank qualified) (book entry).

Dated Jun 4, 2026.

Due Jun 15, 2027 to 2040.

Callable Jun 15, 2034 at par.

Winning bid: Roosevelt & Cross, at 104.7871, NIC 3.3801%.

Other managers: Intercoastal Capital Markets, Inc., Edward Jones, CINCaP Investment Group.

L.O.: Barclay Damon LLP, Albany, NY.

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

Other bidders were:

Raymond James, NIC 3.466%

Baird, NIC 3.4841%

TD Financial, NIC 3.5517%


Niagara (Town)

May 14, 2026 $698,000

Public Improvement Serial Bonds, 2026 (bank qualified).

Dated May 28, 2026.

Due May 15, 2027 to 2041.

Callable May 15, 2034 at par.

Winning bid: Roosevelt & Cross, at n/a, NIC 3.977%.

L.O.: Hodgson, Russ LLP, Buffalo, NY.

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

Other bidders were:

Bank of Greene Co, NIC 4.1%




OKLAHOMA

Alfalfa County Independent School District No. 93 (Timberlake)

May 12, 2026 $440,000

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

Dated Jul 1, 2026.

Due Jul 1, 2028.

Non-callable.

Winning bid: BOK Fin Secs, at n/a, NIC 3.561%.

L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.

F.A.: Stephen L. Smith Corp., Jenks, OK.

Other bidders were:

Baker Group, NIC 3.6619%

Exchange Bank, NIC 4.1386%


Canadian County Elementary School District (Maple)

May 13, 2026 $230,000

Building Bonds of 2026 (bank qualified) (book entry).

Dated Jul 1, 2026.

Due Jul 1, 2028.

Non-callable.

Winning bid: BOK Fin Secs, at n/a, NIC 3.7965%.

L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.

F.A.: Stephen L. Smith Corp., Jenks, OK.

Other bidders were:

Exchange Bank, NIC 4.05%


Woods County Independent School Distict No. 3 (Waynoka)

May 15, 2026 $315,000

Building Bonds of 2026 (bank qualified) (book entry).

Dated Jul 1, 2026.

Due Jul 1, 2028.

Non-callable.

Winning bid: Wisdom Heritage Bk, at n/a, NIC 3.745%.

L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.

F.A.: Stephen L. Smith Corp., Jenks, OK.

Other bidders were:

BOK Fin Secs, NIC 3.7935%

Baker Group, NIC 3.9737%

Exchange Bank, NIC 4.2%




TEXAS

McKinney (City)

May 13, 2026 $30,875,000

Waterworks and Sewer System Revenue Refunding and Improvement Bonds, Series 2026 (book entry).

Dated Jun 11, 2026.

Due Mar 15, 2027 to 2046.

Callable Mar 15, 2036 at par.

Winning bid: BOK Fin Secs, at 106.5197, TIC 3.7569%.

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

F.A.: Estrada Hinojosa & Company, Inc., Dallas, TX.

Other bidders were:

Baird, TIC 3.7942%

Raymond James, TIC 3.8037%

BofA Securities, TIC 3.8088%

Huntington Secs, TIC 3.8114%

JPMorgan, TIC 3.8117%

TD Financial, TIC 3.8231%

Wells Fargo Corp, TIC 3.857%

Truist Secs, Inc., TIC 3.8606%

PNC Capital Markets, TIC 3.8638%


Oakmont Public Utility District

May 14, 2026 $3,715,000

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

Dated Jun 1, 2026.

Due Mar 1, 2027 to 2051.

Callable Mar 1, 2031 at par.

Winning bid: Baker Group, at 98.0042, NIC 4.2301%.

L.O.: Coats Rose, P.C, Houston, TX; and State Attorney General.

F.A.: Baird, Houston, TX.

Other bidders were:

Raymond James, NIC 4.2384%

Hilltop Securities, NIC 4.2914%

SAMCO Cap Mkts, NIC 4.3029%

Northland Securities, NIC 4.341%




WISCONSIN

Waunakee Village

May 14, 2026 $6,940,000

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

Dated Jun 4, 2026.

Due Jun 1, 2027 to 2046.

Callable Jun 1, 2034 at par.

Winning bid: BOK Fin Secs, at 103.2594, TIC 3.7751%.

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

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

Other bidders were:

Northland Securities, TIC 3.7967%

Baird, TIC 3.8049%

Stifel Nicolaus, TIC 3.9419%

TD Financial, TIC 4.0081%

Brownstone Inv Grp, TIC 4.0496%




TAXABLE ISSUES




OKLAHOMA

Carter County Independent School District No. 77 (Dickson)

May 14, 2026 $1,575,000

Combined Purpose Bonds of 2026 (Federally Taxable) (book entry).

Dated Jul 1, 2026.

Due Jul 1, 2028.

Non-callable.

Winning bid: Baker Group, at n/a, NIC 4.6143%.

L.O.: State Attorney General.

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

Other bidders were:

Northland Securities, NIC 4.734%

BOK Fin Secs, NIC 4.7435%


Osage County Independent School District No. 29 (Barnsdall)

May 15, 2026 $1,265,000

Building Bonds of 2026 (Federally Taxable) (book entry).

Dated Jul 1, 2026.

Due Jul 1, 2028 to 2029.

Non-callable.

Winning bid: BOK Fin Secs, at n/a, NIC 4.6248%.

In association with: The American Heritage Bank.

L.O.: State Attorney General.

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

Other bidders were:

Baker Group, NIC 4.6696%

Exchange Bank, NIC 4.8252%

Northland Securities, NIC 4.9212%


Pontotoc County Independent School District No. 16 (Byng)

May 15, 2026 $1,420,000

Building Bonds of 2026 (Federally Taxable) (book entry).

Dated Jul 1, 2026.

Due Jul 1, 2028.

Non-callable.

Winning bid: BOK Fin Secs, at n/a, NIC 4.54%.

In association with: Citizens Bank of Massachusetts.

L.O.: State Attorney General.

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

Other bidders were:

Northland Securities, NIC 4.5795%

Baker Group, NIC 4.7216%

Exchange Bank, NIC 4.7894%