MICHIGAN
Northwest Community Schools
Jul 1, 2026 $6,695,000
2026 School Building and Site Bonds, Series II (General Obligation - Unlimited Tax) (Michigan School Bond Qualification and Loan Program) (bank qualified).
Dated Jul 28, 2026.
Due May 1, 2028 to 2046.
Callable May 1, 2036 at par.
Winning bid: Oppenheimer, at 100.7227, TIC 4.042%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
BOK Fin Secs, TIC 4.07%
Stifel Nicolaus, TIC 4.0709%
TD Financial, TIC 4.0941%
Baird, TIC 4.1263%
Hilltop Securities, TIC 4.1909%
Huntington Secs, TIC 4.25%
NEW JERSEY
Merchantville Borough
Jul 1, 2026 $4,700,000
General Obligation Bonds, Series 2026 consisiting of $4,680,000 General Capital Improvement Bonds $133,000 Sewer Utility Bonds (bank qualified) (book entry).
Dated Jul 20, 2026.
Due May 15, 2027 to 2039.
Callable May 15, 2033 at par.
Winning bid: Roosevelt & Cross, at 103.9837, TIC 3.5702%.
Other managers: Edward Jones, CINCaP Investment Group.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Baird, TIC 3.6655%
Fidelity Capital, TIC 3.683%
TEXAS
Dallas County Municipal Utility District No. 4
Jul 2, 2026 $3,265,000
Unlimited Tax Road Bonds, Series 2026 (bank qualified) (book entry).
Dated Aug 1, 2026.
Due Mar 1, 2028 to 2051.
Callable Mar 1, 2031 at par.
Winning bid: Baird, at 98.0000, NIC 4.6643%.
Other managers: CL King & Associates, Oppenheimer & Co., Inc., Multi-Bank Securities Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Northland Securities, Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc., Institutional Bond Network, LLC, BOK Financial Securities, Crews & Associates, Inc..
L.O.: Coats Rose, P.C, Dallas, TX; and State Attorney General.
F.A.: Tierra Financial Advisors, LLC, Arlington, TX.
Other bidders were:
UMB Bank, NIC 4.6673%
SAMCO Cap Mkts, NIC 4.6842%
Raymond James, NIC 4.7532%
Dallas County Municipal Utility District No. 4
Jul 2, 2026 $5,870,000
Unlimited Tax Utility Bonds, Series 2026 (bank qualified) (book entry).
Dated Aug 1, 2026.
Due Mar 1, 2028 to 2051.
Callable Mar 1, 2031 at par.
Winning bid: Baird, at 98.0000, NIC 4.6447%.
Other managers: CL King & Associates, Oppenheimer & Co., Inc., Multi-Bank Securities Inc., Celadon Financial Group, LLC, Northland Securities, Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc., Institutional Bond Network, LLC, BOK Financial Securities, Crews & Associates, Inc..
L.O.: Coats Rose, P.C, Dallas, TX; and State Attorney General.
F.A.: Tierra Financial Advisors, LLC, Arlington, TX.
Other bidders were:
UMB Bank, NIC 4.6553%
SAMCO Cap Mkts, NIC 4.6774%
Raymond James, NIC 4.8194%
TAXABLE ISSUES
NEW JERSEY
Summit (City)
Jul 1, 2026 $1,400,000
Bond Anticipation Notes (Federally Taxable) (book entry).
Dated Jul 15, 2026.
Due Jul 15, 2027.
Purchased $1,400,000.00 by East Brunswick Twp, at 3.6763%, effective rate 3.6763%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Piper Sandler, Effective Rate 4.534%
Roosevelt & Cross, Effective Rate 4.633%
Oppenheimer, Effective Rate 5.221%