CALIFORNIA

Jefferson Union High School District

Apr 23, 2025 $78,630,000

General Obligation Bonds 2020 Election (Measure Z), Series C (G) (book entry) $60,250,000.

Dated May 13, 2025.

Due Aug 1, 2026 to 2045.

First coupon Aug 1, 2025.

2036-2045 Callable Aug 1, 2035 at par.

Purchased through negotiation by Loop Capital Markets, LLC, as follows:

2025 Refunding General Obligation Bonds (G) (book entry) $18,380,000.

Dated May 13, 2025.

Due Aug 1, 2025 to 2031.

First coupon Aug 1, 2025.

Non-callable.

L.O.: Jones Hall, San Francisco, CA.

F.A.: Dale Scott Co., San Francisco, CA.

Southern Kern Unified School District

Apr 23, 2025 $28,000,000

2024 Election General Obligation Bonds, 2025 Series A (G) (book entry)

Dated May 8, 2025. Interest accrues May 8, 2025.

Due Nov 1, 2026 to 2054.

First coupon Nov 1, 2025.

2036-2054 Callable Nov 1, 2035 at par.

Purchased through negotiation by Baird, as follows:

L.O.: Nixon Peabody LLP, San Francisco, CA.

F.A.: CFW Advisory Services, LLC, Alameda, CA.

Los Angeles Unified School District

Apr 23, 2025 $679,125,000

Election of 2024, General Obligation Bonds, US Series A-1 (2025) (Dedicated Unlimited Ad Valorem Property Tax Bonds) (G) (book entry) $430,780,000.

Dated May 13, 2025.

Due Jul 1, 2028 to 2049.

First coupon Jan 1, 2026.

2036-2049 Callable Jul 1, 2035 at par.

Purchased through negotiation by Raymond James & Associates, Inc., RBC Capital Markets, Loop Capital Markets, LLC, Siebert Williams Shank & Co., L.L.C, Stifel, Nicolaus & Co., Inc., Amerivet Securities, Inc., Cabrera Capital Markets, LLC, Drexel Hamilton, LLC., Mischler Financial Group, Inc., as follows:

2025 General Obligation Refunding Bonds, Series A (Dedicated Unlimited Ad Valorem Property Tax Bonds (G) (book entry) $248,345,000.

Dated May 13, 2025.

Due Jul 1, 2027 to 2040.

First coupon Jan 1, 2026.

2037-2040 Callable Jul 1, 2035 at par.

L.O.: Best, Best & Krieger LLP, Riverside, CA.

F.A.: KNN Public Finance, Berkeley, CA.

Alum Rock Union Elementary School District

Apr 23, 2025 $40,695,000

2025 Refunding General Obligation Bonds, Series A (G) (book entry) $15,070,000.

Dated May 7, 2025.

Due Aug 1, 2025 to 2040.

First coupon Aug 1, 2025.

2036-2040 Callable Aug 1, 2035 at par.

Purchased through negotiation by Cabrera Capital Markets, LLC, as follows:

2025 Refunding General Obligation Bonds, Series B (G) (book entry) $25,625,000.

Dated May 7, 2025.

Due Aug 1, 2025 to 2033.

First coupon Aug 1, 2025.

Non-callable.

L.O.: Jones Hall, San Francisco, CA.

F.A.: Dale Scott Co., San Francisco, CA.

Los Angeles (City)

Apr 24, 2025 $565,890,000

Wastewater System Subordinate Revenue Bonds, Series 2025-A (R) (book entry) $192,950,000.

Dated May 8, 2025.

Due Jun 1, 2044 to 2055.

First coupon Dec 1, 2025.

2044-2055 Callable Jun 1, 2035 at par.

Purchased through negotiation by Goldman, Sachs & Co., Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, Morgan Stanley & Co., Inc., TD Securities, Stifel, Nicolaus & Co., Inc., as follows:

Wastewater System Subordinate Revenue Bonds, Refunding Series 2025C (R) (book entry) $372,940,000.

Dated May 8, 2025.

Due Jun 1, 2026 to 2043.

First coupon Dec 1, 2025.

2040-2043 Callable Jun 1, 2035 at par.

L.O.: Nixon Peabody LLP, Los Angeles, CA.

F.A.: Public Resources Advisory Group, Los Angeles, CA; and Omnicap Group LLC, El Segundo, CA.

Riverside Public Financing Authority

Apr 23, 2025 $42,520,000

Lease Revenue Bonds, Series 2025A (Museum Project) (R) (book entry)

Dated May 8, 2025.

Due Nov 1, 2026 to 2055.

First coupon Nov 1, 2025.

2036-2055 Callable Nov 1, 2035 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Stradling, Yocca, Carlson & Rauth, Newport Beach, CA.

F.A.: CSG Advisors Inc., San Francisco, CA.

CONNECTICUT

Connecticut

Apr 23, 2025 $1,098,565,000

General Obligation Bonds, (2025 Series A) (G) (book entry) $500,000,000.

Dated May 7, 2025.

Due Mar 15, 2026 to 2045.

First coupon Sep 15, 2025.

2036-2045 Callable Mar 15, 2035 at par.

Purchased through negotiation by Barclays Capital, Ramirez & Co., Inc., Blaylock Van, LLC, Janney Montgomery Scott LLC, Morgan Stanley & Co., Inc., Academy Securities Inc., American Veterans Group, Baird, BofA Securities, Drexel Hamilton, LLC, Fidelity Capital Markets, Jefferies LLC, Mesirow Financial, Inc., Mischler Financial Group, Inc., Piper Sandler & Co, PNC Capital Markets, RBC Capital Markets, Siebert Williams Shank & Co., L.L.C, Stern Brothers & Co., Stifel, Nicolaus & Co., Inc., Wells Fargo Corporate & Investment Banking, as follows:

General Obligation Refunding Bonds, (2025 Series B) (G) (book entry) $598,565,000.

Dated May 7, 2025.

Due Dec 1, 2025 to 2035.

First coupon Dec 1, 2025.

Non-callable.

L.O.: Day Pitney LLP, Hartford, CT.

F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ; and Knight Ridder, New York, NY.

ILLINOIS

Hillsboro (City)

Apr 23, 2025 $8,290,000

General Obligation Bonds, (Alternate Revenue Source), Series 2025 (L) (bank qualified) (book entry)

Dated May 8, 2025.

Due Dec 1, 2025 to 2054.

First coupon Dec 1, 2025.

2035-2054 Callable Dec 1, 2034 at par.

Purchased through negotiation by Bernardi Securities, Inc., as follows:

L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Chicago, IL.

Kendall and Lasalle Counties Community Consolidated School District No. 66

Apr 23, 2025 $1,750,000

General Obligation School Bonds, Series 2025 (G) (bank qualified) (book entry)

Dated May 13, 2025.

Due Jan 15, 2027 to 2045.

First coupon Jan 15, 2026.

2036-2045 Callable Jan 15, 2035 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

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

F.A.: PMA Securities, Inc, Naperville, IL.

Oak Grove School District No. 68 (Peoria County)

Apr 23, 2025 $3,545,000

General Obligation School Bonds, Series 2025A (G) (bank qualified) (book entry) $2,575,000.

Dated May 13, 2025.

Due Dec 1, 2027 to 2034.

First coupon Dec 1, 2025.

Non-callable.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

General Obligation School Bonds, Series 2025B (Alternate Revenue Source) (L) (bank qualified) (book entry) $970,000.

Dated May 13, 2025.

Due Dec 1, 2025 to 2039.

First coupon Dec 1, 2025.

2035-2039 Callable Dec 1, 2034 at par.

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

MASSACHUSETTS

Massachusetts

Apr 23, 2025 $1,095,355,000

General Obligation Bonds Consolidated Loan of 2025, Series A (G) (book entry) $700,000,000.

Dated May 7, 2025. Interest accrues May 7, 2025.

Due Apr 1, 2038 to 2055.

First coupon Oct 1, 2025.

2038-2055 Callable Apr 1, 2035 at par.

Purchased through negotiation by Jefferies LLC, Loop Capital Markets, LLC, Morgan Stanley & Co., Inc., American Veterans Group, Barclays Capital, Fidelity Capital Markets, Huntington Securities, Inc., Oppenheimer & Co., Inc., as follows:

General Obligation Refunding Bonds, 2025 Series A (G) (book entry) $395,355,000.

Dated May 7, 2025. Interest accrues May 7, 2025.

Due Jul 1, 2028 to 2037.

First coupon Jan 1, 2026.

2036-2037 Callable Jul 1, 2035 at par.

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

F.A.: PFM Financial Advisors LLC, Boston, MA.

MAINE

Maine Municipal Bond Bank

Apr 23, 2025 $68,185,000

2025 Series A Bonds (R) (book entry)

Dated May 22, 2025.

Due Nov 1, 2026 to 2055.

First coupon Nov 1, 2025.

2036-2055 Callable Nov 1, 2035 at par.

Purchased through negotiation by BofA Securities, Morgan Stanley & Co., Inc., as follows:

L.O.: Hawkins, Delafield & Wood, New York, NY.

F.A.: Hilltop Securities Inc., Lincoln, RI.

MICHIGAN

Western Michigan University Board of Trustees

Apr 23, 2025 $162,625,000

General Revenue Bonds, Series 2025A (R) (book entry)

Dated May 15, 2025.

Due Nov 15, 2025 to 2054.

First coupon Nov 15, 2025.

2035-2054 Callable May 15, 2035 at par.

Purchased through negotiation by Barclays Capital, BofA Securities, as follows:

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

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

Glen Lake Community Schools

Apr 24, 2025 $7,800,000

2025 School Building and Site Bonds (General Obligation) (G) (bank qualified) (book entry)

Dated May 21, 2025.

Due May 1, 2026 to 2044.

First coupon Nov 1, 2025.

2036-2044 Callable May 1, 2035 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

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

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

Michigan Finance Authority

Apr 23, 2025 $380,330,000

Hospital Revenue Bonds

, Series 2025A (Corewell Health) (R) (book entry) $191,795,000.

Dated May 7, 2025.

Due Aug 15, 2033 to 2046.

First coupon Aug 15, 2025.

2035-2046 Callable Jun 1, 2035 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, Morgan Stanley & Co., Inc., Siebert Williams Shank & Co., L.L.C, as follows:

Hospital Revenue and Revenue Refunding Bonds

, Subseries 2025B-1 (Put Date: 06/01/2032) (Corewell Health) (R) (book entry) $94,030,000.

Dated May 7, 2025.

Due Aug 15, 2047 to 2055.

First coupon Aug 15, 2025.

Non-callable.

Hospital Revenue and Revenue Refunding Bonds, Subseries 2025B-2 (Put Date: 06/01/2035) (Corewell Health) (R) (book entry) $94,505,000.

Dated May 7, 2025.

Due Aug 15, 2047 to 2055.

First coupon Aug 15, 2025.

Non-callable.

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

F.A.: Kaufman, Hall & Associates, LLC, Chicago, IL.

MINNESOTA

Lewiston (City)

Apr 23, 2025 $690,000

General Obligation Water Revenue Bonds, Series 2025A (Minnesota Credit Enhancement Program) (G) (bank qualified) (book entry)

Dated May 7, 2025. Interest accrues May 7, 2025.

Due Feb 1, 2026 to 2050.

First coupon Feb 1, 2026.

2033-2050 Callable Feb 1, 2032 at par.

Purchased through negotiation by D.A. Davidson & Co., as follows:

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

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

MISSOURI

Kennett School District No. 39

Apr 21, 2025 $3,250,000

General Obligation Bonds, Series 2025 (Missouri Direct Deposit Program) (G) (bank qualified) (book entry)

Dated May 13, 2025. Interest accrues May 13, 2025.

Due Mar 1, 2039 to 2045.

First coupon Mar 1, 2026.

2039-2045 Callable Mar 1, 2030 at par.

Purchased through negotiation by L.J. Hart & Company, as follows:

L.O.: Lathrop GPM, Clayton, MO.

Franklin County Public Water Supply District No. 3

Apr 24, 2025 $11,695,000

Certificates of Participation, Series 2025 (C) (book entry)

Dated May 13, 2025.

Due Dec 1, 2033 to 2043.

First coupon Dec 1, 2025.

2033-2043 Callable Dec 1, 2032 at par.

Purchased through negotiation by Piper Sandler & Co, Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Gilmore & Bell, Kansas City, MO.

F.A.: Ranson Financial Group LLC, Wichita, KS.

MISSISSIPPI

Mississippi Development Bank

Apr 23, 2025 $3,345,000

Special Obligation Bonds, Series 2025 (Meridian Community College District Project) (R) (book entry)

Dated May 15, 2025.

Due Jun 1, 2028 to 2050.

First coupon Dec 1, 2025.

2033-2050 Callable Jun 1, 2032 at par.

Purchased through negotiation by Crews & Associates, Inc., as follows:

L.O.: Young Law Group, PLLC, Jackson, MS.

F.A.: MuniGroup LLC, Jackson, MS.

NORTH CAROLINA

North Carolina

Apr 23, 2025 $441,515,000

Grant Anticipation Revenue Vehicle Bonds and Refunding Bonds, Series 2025 (R) (book entry)

Dated May 22, 2025.

Due Mar 1, 2026 to 2040.

First coupon Sep 1, 2025.

2036-2040 Callable Mar 1, 2035 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, BofA Securities, Truist Securities, Inc., Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Maynard Nexson PC, Charlotte, NC; and The Francis Law Firm, PLLC, Raleigh, NC.

F.A.: Davenport & Company LLC, Charlotte, NC.

NEBRASKA

Douglas County Sanitary and Improvement District No. 609 (Calarosa II)

Apr 22, 2025 $4,000,000

General Obligation Bonds, Series 2025 (G) (bank qualified) (book entry)

Dated May 29, 2025.

Due Nov 15, 2029 to 2045.

First coupon Nov 15, 2025.

2030-2045 Callable May 15, 2030 at par.

Purchased through negotiation by Ameritas Investment Corp., as follows:

L.O.: Kutak Rock, Omaha, NE.

F.A.: Bluestem Capital Partners, Omaha, NE.

NEW MEXICO

New Mexico Finance Authority

Apr 23, 2025 $42,685,000

Subordinate Lien Public Project Revolving Fund Revenue Bonds, Series 2025B (R) (book entry)

Dated May 19, 2025.

Due Jun 15, 2026 to 2047.

First coupon Dec 15, 2025.

2036-2047 Callable Jun 15, 2035 at par.

Purchased through negotiation by Morgan Stanley & Co., Inc., J.P. Morgan Securities LLC, Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Gilmore & Bell, Salt Lake City, UT.

F.A.: PFM Financial Advisors LLC, Seattle, WA.

OREGON

West Linn-Wilsonville School District No. 3JT

Apr 24, 2025 $58,245,000

General Obligation Refunding Bonds, Series 2025 (Oregon School Bond Guaranty Act) (G) (book entry)

Dated May 6, 2025.

Due Jun 15, 2025 to 2031.

First coupon Jun 15, 2025.

Non-callable.

Purchased through negotiation by Piper Sandler & Co, as follows:

L.O.: Foster Garvey, Portland, OR.

PENNSYLVANIA

Oxford Area School District

Apr 23, 2025 $12,575,000

General Obligation Bonds, Series of 2025 (L) (book entry) $8,790,000.

Dated May 13, 2025.

Due Sep 1, 2026 to 2044.

First coupon Sep 1, 2025.

2033-2044 Callable Mar 1, 2033 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

General Obligation Notes, Series A of 2025 (L) (book entry) $3,785,000.

Dated May 13, 2025.

Due Sep 1, 2028 to 2029.

First coupon Sep 1, 2025.

Non-callable.

L.O.: Saul Ewing LLP, Philadelphia, PA.

F.A.: PFM Financial Advisors LLC, Harrisburg, PA.

South Western School District

Apr 23, 2025 $13,830,000

General Obligation Bonds, Series of 2025 (L) (book entry)

Dated May 21, 2025.

Due Feb 15, 2027 to 2050.

First coupon Feb 15, 2026.

2034-2050 Callable Feb 15, 2033 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Saxton & Stump, LLC, Lancaster, PA.

F.A.: PFM Financial Advisors LLC, Harrisburg, PA.

Lampeter-Strasburg School District

Apr 23, 2025 $18,835,000

General Obligation Bonds, Series of 2025 (Pennsylvania State Aid Intercept Program) (L) (book entry)

Dated May 28, 2025.

Due Mar 1, 2027 to 2047.

First coupon Sep 1, 2025.

2033-2047 Callable Sep 1, 2032 at par.

Purchased through negotiation by Raymond James & Associates, Inc., as follows:

L.O.: Saxton & Stump, LLC, Lancaster, PA.

TEXAS

Waco (City)

Apr 23, 2025 $128,650,000

Combination Tax and Revenue Certificates of Obligation Series 2025 (L) (book entry)

Dated May 1, 2025. Interest accrues May 15, 2025.

Due Feb 1, 2026 to 2055.

First coupon Feb 1, 2026.

2036-2055 Callable Feb 1, 2035 at par.

Purchased through negotiation by RBC Capital Markets, Cabrera Capital Markets Inc., Estrada Hinojosa & Company, Inc., Jefferies LLC, as follows:

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

F.A.: PFM Financial Advisors LLC, Austin, TX; and Tijerina Financial Consulting LLC, Dallas, TX.

Arlington Higher Education Finance Corporation

Apr 23, 2025 $22,025,000

Education Revenue Bonds, Series 2025A (Uplift Education) (Permanent School Fund Guarantee Program) (R) (book entry) $21,725,000.

Dated May 13, 2025. Interest accrues May 13, 2025.

Due Dec 1, 2028 to 2060.

First coupon Dec 1, 2025.

2035-2060 Callable Dec 1, 2034 at par.

Purchased through negotiation by Baird, as follows:

L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.

F.A.: Buck Financial Advisors, Englewood, CO.

Seguin Independent School District

Apr 23, 2025 $44,270,000

School Building Bonds, Series 2025A (Permanent School Fund Guarantee Program) (G) (book entry)

Dated May 20, 2025. Interest accrues May 20, 2025.

Due Feb 15, 2026 to 2050.

First coupon Feb 15, 2026.

2036-2050 Callable Feb 15, 2035 at par.

Purchased through negotiation by Jefferies LLC, BOK Financial Securities, SAMCO Capital Markets, as follows:

L.O.: McCall Parkhurst & Horton, San Antonio, TX; and State Attorney General.

F.A.: Specialized Public Finance Inc., San Antonio, TX.

TAXABLE ISSUES

CALIFORNIA

Los Angeles Unified School District

Apr 23, 2025 $269,220,000

Election of 2024, General Obligation Bonds, US Series A-2 (2025) (Dedicated Unlimited Ad Valorem Property Tax Bonds) (G) (book entry) (Taxable) $29,645,000.

Dated May 13, 2025.

Due Jul 1, 2025.

First coupon Jul 1, 2025.

Non-callable.

Purchased through negotiation by Raymond James & Associates, Inc., RBC Capital Markets, Loop Capital Markets, LLC, Siebert Williams Shank & Co., L.L.C, Stifel, Nicolaus & Co., Inc., Amerivet Securities, Inc., Cabrera Capital Markets, LLC, Drexel Hamilton, LLC., Mischler Financial Group, Inc., as follows:

Election of 2024, General Obligation Bonds, US Series B (2025) (Dedicated Unlimited Ad Valorem Property Tax Bonds) (G) (book entry) (Taxable) $239,575,000.

Dated May 13, 2025.

Due Jul 1, 2026 to 2028.

First coupon Jan 1, 2026.

Non-callable.

L.O.: Best, Best & Krieger LLP, Riverside, CA.

F.A.: KNN Public Finance, Berkeley, CA.

Los Angeles (City)

Apr 24, 2025 $145,405,000

Wastewater System Subordinate Revenue Bonds, Series 2025-B (R) (book entry) (Taxable)

Dated May 8, 2025.

Due Jun 1, 2026 to 2044.

First coupon Dec 1, 2025.

2036-2044 Callable Jun 1, 2035 at par.

Purchased through negotiation by Goldman, Sachs & Co., Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, Morgan Stanley & Co., Inc., TD Securities, Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Nixon Peabody LLP, Los Angeles, CA.

F.A.: Public Resources Advisory Group, Los Angeles, CA; and Omnicap Group LLC, El Segundo, CA.

COLORADO

Colorado Housing and Finance Authority

Apr 23, 2025 $158,240,000

Single Family Mortgage Bonds, Class I Bonds 2025 Series H-1 (R) (book entry) (Taxable)

Dated May 28, 2025.

Due May 1, 2026 to Nov 1, 2055.

First coupon Nov 1, 2025.

2033-2055 Callable May 1, 2033 at par.

Purchased through negotiation by RBC Capital Markets, BofA Securities, Jefferies LLC, Barclays Capital, Morgan Stanley & Co., Inc., Piper Sandler & Co, Raymond James & Associates, Inc., Stifel, Nicolaus & Co., Inc., Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Kutak Rock, Denver, CO.

F.A.: CSG Advisors Inc., Bronxville, NY.

TEXAS

Arlington Higher Education Finance Corporation

Apr 23, 2025 $22,025,000

Education Revenue Bonds, Series 2025B (Permanent School Fund Guarantee Program) (R) (book entry) (Taxable) $300,000.

Dated May 13, 2025. Interest accrues May 13, 2025.

Due Dec 1, 2027 to 2028.

First coupon Dec 1, 2025.

Non-callable.

Purchased through negotiation by Baird, as follows:

L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.

F.A.: Buck Financial Advisors, Englewood, CO.