Market Data
Results of competitive sales: 08/18/2026



IOWA

West Fork Community School District

Aug 17, 2026 $6,870,000

General Obligation School Bonds Series 2026 (bank qualified) (book entry).

Dated Oct 7, 2026.

Due Jun 1, 2027 to 2044.

Callable Jun 1, 2033 at par.

Winning bid: BOK Fin Secs, at 100.3236, TIC 4.1463%.

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

F.A.: Piper Sandler & Co, Des Moines, IA.

Other bidders were:

Northland Securities, TIC 4.1581%

Bernardi Securities, TIC 4.1937%

Baird, TIC 4.1968%

Stifel Nicolaus, TIC 4.2879%




MASSACHUSETTS

Swampscott (Town)

Aug 10, 2026 $2,527,823

Bond Anticipation Notes (bank qualified).

Dated Sep 1, 2026.

Due Mar 4, 2027.

Purchased $2,527,823.00 by Oppenheimer, at 3.5%, plus $260.00, effective rate 3.4798%.

F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.

Other bidders were:

UniBank Fiscal Adv, Effective Rate 4.95%




MINNESOTA

International Falls Independent School District No. 361

Aug 17, 2026 $2,525,000

General Obligation Facilities Maintenance Bonds, Series 2026A (Minnesota School District Credit Enhancement Program) (bank qualified) (book entry).

Dated Sep 10, 2026.

Due Feb 1, 2029 to 2043.

Callable Feb 1, 2034 at par.

Winning bid: BOK Fin Secs, at 102.8941, TIC 3.8182%.

L.O.: Kennedy & Graven, Minneapolis, MN.

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

Other bidders were:

Raymond James, TIC 3.8527%

Stifel Nicolaus, TIC 3.8575%

Baird, TIC 3.8699%

Northland Securities, TIC 3.8916%

TD Financial, TIC 3.9919%


Watonwan County

Aug 17, 2026 $2,275,000

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

Dated Sep 16, 2026.

Due Feb 1, 2028 to 2042.

Callable Feb 1, 2031 at par.

Winning bid: Baird, at 101.5101, TIC 3.8715%.

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

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

F.A.: Northland Securities, Inc., Minneapolis, MN.

Other bidders were:

Stifel Nicolaus, TIC 3.9375%

BOK Fin Secs, TIC 3.9558%

Raymond James, TIC 3.9875%

TD Financial, TIC 4.0071%


Wheaton (City)

Aug 17, 2026 $1,215,000

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

Dated Sep 3, 2026.

Due Feb 1, 2028 to 2047.

Callable Feb 1, 2036 at par.

Winning bid: Northland Securities, at 98.7000, TIC 4.342%.

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

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




NORTH DAKOTA

West Fargo (City)

Aug 17, 2026 $8,710,000

Refunding Improvement Bonds, Series 2026 (book entry).

Dated Aug 31, 2026.

Due May 1, 2027 to 2051.

Callable May 1, 2034 at par.

Winning bid: Baird, at 100.2025, TIC 4.4388%.

Other managers: CL King & Associates, Edward Jones, Crews & Associates, Inc., Isaak Bond Investments, Inc., Northland Securities, Inc., Carty, Harding, & Hearn, Inc., Cadz Securities Inc,, BOK Financial Securities, FMSbonds, Inc., First Kentucky Securities Corp., Middlegate Securities, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, A.G.P./Alliance Global Partners, Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC, First Bankers' Banc Securities Inc..

L.O.: Ohnstad Twichell, West Fargo, ND.

F.A.: Colliers Securities LLC, Bismarck, ND; and Colliers Securities LLC, Sioux Falls, SD.

Other bidders were:

TD Financial, TIC 4.443%

Raymond James, TIC 4.4871%

Bernardi Securities, TIC 4.5048%

Huntington Secs, TIC 4.5259%

Hilltop Securities, TIC 4.5424%




TEXAS

Conroe Municipal Management District No. 1

Aug 17, 2026 $4,950,000

Unlimited Tax Bonds, Series 2026 (book entry).

Dated Sep 1, 2026.

Due Sep 1, 2027 to 2051.

Callable Sep 1, 2031 at par.

Winning bid: SAMCO Cap Mkts, at 98.0051, NIC 4.7715%.

Other managers: FHN Financial Capital Markets, M. E. Allison & Co., Inc., R. Seelaus & Co., LLC, Ramirez & Co., Inc., CINCaP Investment Group, Carty, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,, TRB Capital Markets, LLC.

L.O.: The Muller Law Group, Sugar Land, TX; and State Attorney General.

F.A.: Cedar Creek Municipal Advisors, Houston, TX.

Other bidders were:

Raymond James, NIC 4.8253%

Crews & Associates, NIC 4.8403%

Hilltop Securities, NIC 4.8601%


Crandall (City)

Aug 17, 2026 $17,155,000

Combination Tax and Revenue Certificates of Obligation, Series 2026 (book entry).

Dated Aug 15, 2026.

Due Feb 15, 2029 to 2051.

Callable Feb 15, 2036 at par.

Winning bid: Baird, at 101.7500, TIC 4.6807%.

Other managers: CL King & Associates, Edward Jones, Davenport & Company LLC, Crews & Associates, Inc., Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., Bernardi Securities, Inc., Northland Securities, Inc., Cadz Securities Inc,, Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC, UMB Bank, N.A..

L.O.: Kelly Hart & Hallman, Fort Worth, TX; and State Attorney General.

F.A.: Hilltop Securities Inc., Dallas, TX.

Other bidders were:

Piper Sandler, TIC 4.699%

Mesirow Financial, TIC 4.7371%

TD Financial, TIC 4.7471%

BOK Fin Secs, TIC 4.7502%


Crawford Independent School District

Aug 17, 2026 $1,965,000

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

Dated Aug 1, 2026.

Due Feb 15, 2027 to 2051.

Callable Feb 15, 2036 at par.

Winning bid: Baird, at 106.1294, TIC 4.2659%.

Other managers: CL King & Associates, Edward Jones, Northland Securities, Inc., Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, The Baker Group, Bernardi Securities, Inc., FMSbonds, Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A., Institutional Bond Network, LLC.

L.O.: Bracewell LLP, Dallas, TX; and State Attorney General.

F.A.: RBC Capital Markets, San Antonio, TX; and RBC Capital Markets, San Antonio, TX.

Other bidders were:

Stifel Nicolaus, TIC 4.304%

Raymond James, TIC 4.3791%

BOK Fin Secs, TIC 4.5462%

Hilltop Securities, TIC 4.7384%


Las Lomas Municipal Utility District No. 4A

Aug 17, 2026 $7,270,000

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

Dated Sep 1, 2026.

Due Sep 1, 2028 to 2051.

Callable Sep 1, 2031 at par.

Winning bid: Raymond James, at 97.0709, NIC 4.8813%.

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

F.A.: Cedar Creek Municipal Advisors, Irving, TX; and Cedar Creek Municipal Advisors, Houston, TX.

Other bidders were:

SAMCO Cap Mkts, NIC 4.8869%

Northland Securities, NIC 4.9276%

Hilltop Securities, NIC 4.9805%