Market Data
Results of negotiated sales: 05/15/2025

ARKANSAS

Bentonville (City)

May 13, 2025 $65,895,000

Sales and Use Tax Bonds, Series 2025 (R) (book entry)

Dated Jun 24, 2025.

Due Nov 1, 2025 to 2045.

First coupon Nov 1, 2025.

2031-2045 Callable Nov 1, 2030 at par.

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

L.O.: Friday Eldredge & Clark, Little Rock, AR.

F.A.: Stephens Inc., Little Rock, AR.


CALIFORNIA

West Contra Costa Unified School District

May 13, 2025 $71,350,000

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

Dated May 28, 2025.

Due Aug 1, 2025 to 2045.

First coupon Aug 1, 2025.

2036-2045 Callable Aug 1, 2035 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, Raymond James & Associates, Inc., as follows:

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

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


Stanislaus Union School District

May 13, 2025 $24,875,000

General Obligation Bonds, 2024 Election, 2025 Series A (G) (book entry) $24,510,000.

Dated May 28, 2025. Interest accrues May 28, 2025.

Due Aug 1, 2026 to 2054.

First coupon Aug 1, 2025.

2036-2054 Callable Aug 1, 2035 at par.

Purchased through negotiation by Baird, as follows:

L.O.: Dannis Woliver Kelley, Long Beach, CA.

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


California Statewide Communities Development Authority

May 13, 2025 $50,650,000

Revenue Bonds, Series 2025A (Statewide Community Infrastructure Program) (R) (book entry) $44,945,000.

Dated May 29, 2025.

Due Sep 2, 2026 to 2055.

First coupon Sep 2, 2025.

2036-2055 Callable Sep 2, 2035 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Orrick, Herrington & Sutcliffe, Sacramento, CA.


New Haven Unified School District

May 13, 2025 $95,000,000

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

Dated Jun 4, 2025.

Due Aug 1, 2026 to 2054.

First coupon Aug 1, 2025.

2036-2054 Callable Aug 1, 2035 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

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

F.A.: Isom Advisors Inc., Walnut Creek, CA.


California Infrastructure and Economic Development Bank

May 13, 2025 $489,725,000

Revenue Bonds, Series 2025 (UCSF Clinical and Life Sciences Building) (R) (book entry)

Dated May 28, 2025.

Due May 15, 2031 to 2059.

First coupon Nov 15, 2025.

2036-2059 Callable May 15, 2035 at par.

Purchased through negotiation by Goldman, Sachs & Co., Jefferies LLC, J.P. Morgan Securities LLC, Raymond James & Associates, Inc., Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.

F.A.: PFM Financial Advisors LLC, San Francisco, CA.


California Municipal Finance Authority

May 14, 2025 $14,025,000

Special Tax Revenue Bonds, Series 2025B (Bond Opportunities for Land Development Program) (R) (book entry)

Dated May 29, 2025.

Due Sep 1, 2026 to 2055.

First coupon Sep 1, 2025.

2033-2055 Callable Sep 1, 2031 at 103.000%, declining to par Sep 1, 2031.

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

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


Burbank Unified School District

May 13, 2025 $133,135,000

General Obligation Bonds, Election of 2024, Series 2025 (G) (book entry) $80,000,000.

Dated May 28, 2025.

Due Aug 1, 2026 to 2054.

First coupon Aug 1, 2025.

2036-2054 Callable Aug 1, 2035 at par.

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


2025 Refunding General Obligation Bonds (G) (book entry) $53,135,000.

Dated May 28, 2025.

Due Aug 1, 2025 to 2034.

First coupon Aug 1, 2025.

Non-callable.

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

F.A.: Isom Advisors Inc., Walnut Creek, CA.


Elk Grove Finance Authority

May 13, 2025 $65,915,000

Special Tax Revenue Refunding Bonds, Series 2025 (R) (book entry)

Dated Jun 4, 2025.

Due Sep 1, 2025 to 2038.

First coupon Sep 1, 2025.

Non-callable.

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

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

F.A.: Fieldman, Rolapp & Associates, Irvine, CA.


COLORADO

Weems Neighborhood Metropolitan District

May 13, 2025 $12,298,000

Limited Tax General Obligation Bonds, Series 2025A (Convertible to Unlimited Tax) (L) (book entry) $10,000,000.

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

Due Dec 1, 2030 to 2055.

First coupon Dec 1, 2025.

2030-2055 Callable Jun 1, 2030 at 103.000%, declining to par Jun 1, 2030.

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


Subordinate Limited Tax General Obligation Bonds, Series 2025B (L) (book entry) $2,298,000.

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

Due Dec 15, 2055.

First coupon Dec 15, 2025.

2055-2055 Callable Jun 1, 2030 at 103.000%, declining to par Jun 1, 2030.

L.O.: Casey Parrot LLC, Broomfield, CO.

F.A.: MuniCap, Inc, Columbia, MD.


GEORGIA

Cobb County Development Authority

May 14, 2025 $50,000,000

Educational Facilities Revenue Bonds, Series 2025 (Mt. Bethel Christian Academy Project) (R) (book entry)

Dated May 22, 2025. Interest accrues May 22, 2025.

Due Jun 1, 2026 to 2064.

First coupon Dec 1, 2025.

2033-2064 Callable Jun 1, 2032 at 102.000%, declining to par Jun 1, 2032.

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

L.O.: Kutak Rock, Atlanta, GA.


INDIANA

Penn-Harris-Madison School Corporation

May 13, 2025 $14,430,000

General Obligation Bonds of 2025 (Indiana State Aid Intercept Program) (L) (book entry)

Dated Jun 4, 2025.

Due Jul 15, 2027 to Jan 15, 2036.

First coupon Jul 15, 2026.

Non-callable.

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

L.O.: Ice Miller, Indianapolis, IN.

F.A.: Cender | Dalton Municipal Advisors, Valparaiso, IN.


Crothersville 2000 School Building Corporation

May 13, 2025 $13,750,000

Ad Valorem Property Tax First Mortgage Bonds, Series 2025 (Indiana State Aid Intercept Program) (L) (book entry)

Dated Jun 3, 2025.

Due Jan 15, 2030 to 2045.

First coupon Jul 15, 2026.

2035-2045 Callable Jul 15, 2034 at par.

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

L.O.: Bose McKinney & Evans LLP, Indianapolis, IN.


Indiana Finance Authority

May 13, 2025 $154,905,000

Lease Appropriation Refunding Bonds, Series 2025A (Stadium Project) (R) (book entry)

Dated Jun 3, 2025.

Due Feb 1, 2026 to 2033.

First coupon Aug 1, 2025.

Non-callable.

Purchased through negotiation by BofA Securities, RBC Capital Markets, Wells Fargo Corporate & Investment Banking, Ramirez & Co., Inc., as follows:

L.O.: Barnes & Thornburg LLP, Indianapolis, IN.

F.A.: PFM Financial Advisors LLC, New York, NY.


LOUISIANA

Shreveport (City)

May 13, 2025 $28,900,000

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

Dated May 22, 2025. Interest accrues May 22, 2025.

Due Mar 1, 2026 to 2045.

First coupon Sep 1, 2025.

2036-2045 Callable Mar 1, 2035 at par.

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

L.O.: Butler Snow, LLP, Baton Rouge, LA; and Blanchard, Walker, O'Quin & Roberts, Shreveport, LA.

F.A.: Government Consultants of Louisiana, Inc, Baton Rouge, LA.


MARYLAND

Maryland Community Development Administration Department of Housing and Community Development

May 14, 2025 $11,740,000

Local Government Infrastructure Bonds (Senior Obligations), 2025 Series A-1 (R) (book entry) $8,085,000.

Dated May 29, 2025.

Due Jun 1, 2026 to 2045.

First coupon Dec 1, 2025.

2036-2045 Callable Jun 1, 2035 at par.

Purchased through negotiation by BofA Securities, Jefferies LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co., Inc., RBC Capital Markets, Wells Fargo Corporate & Investment Banking, Academy Securities Inc., Loop Capital Markets, LLC, as follows:


Local Government Infrastructure Bonds (Subordinate Obligations), 2025 Series A-2 (R) (book entry) $3,655,000.

Dated May 29, 2025.

Due Jun 1, 2026 to 2045.

First coupon Dec 1, 2025.

2036-2045 Callable Jun 1, 2035 at par.

L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.

F.A.: Caine, Mitter & Associates, New York, NY.


MICHIGAN

Airport Community School District

May 14, 2025 $14,340,000

2025 School Building and Site Bonds, Series I (General Obligation) (Michigan School Bond Qualification and Loan Program) (G) (book entry)

Dated Jun 10, 2025. Interest accrues Jun 10, 2025.

Due May 1, 2030 to 2049.

First coupon Nov 1, 2025.

2036-2049 Callable May 1, 2035 at par.

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

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

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


Lake Orion Community School District

May 14, 2025 $18,595,000

2025 School Building and Site Bonds (General Obligation) (Michigan School Bond Qualification and Loan Program) (G) (book entry)

Dated Jun 17, 2025.

Due May 1, 2026 to 2040.

First coupon Nov 1, 2025.

2036-2040 Callable May 1, 2035 at par.

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

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

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


Okemos Consolidated Drain Drainage District

May 13, 2025 $4,864,200

Drainage District Drain Note, DN25-5 (L) (bank qualified) (book entry)

Dated May 29, 2025.

Due Nov 27, 2026.

2026-2026 Callable Nov 28, 2025 at par.

Privately placed by Baird, as follows:

L.O.: Dickinson Wright PLLC, Lansing, MI.


MINNESOTA

Minnesota Agricultural and Economic Development Board

May 13, 2025 $8,675,000

Weekly Variable Rate Solid Waste Disposal Revenue Bonds, Series 2025 (Spectro Alloys Project) (Letter of Credit: Natixis S.A.) (R) (book entry)

Dated May 14, 2025.

Due May 1, 2055.

First coupon Aug 1, 2025.

Non-callable.

Purchased through negotiation by Frazer Lanier Co., Inc., as follows:

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


NEBRASKA

Cass County School District No. 0056

May 14, 2025 $10,000,000

General Obligation School Building Bonds, Series 2025A (G) (book entry)

Dated Jun 10, 2025. Interest accrues Jun 10, 2025.

Due Dec 15, 2025 to 2049.

First coupon Dec 15, 2025.

2030-2049 Callable Jun 10, 2030 at par.

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

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


NEW YORK

New York City Municipal Water Finance Authority

May 12, 2025 $100,000,000

Daily Adjustable Rate Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2025 Subseries EE-1 (Letter of Credit: TD Bank, N.A.) (Termination Date: 05/10/2030) (R) (book entry)

Dated May 13, 2025.

Due Jun 15, 2055.

First coupon Jun 15, 2025.

Callable any time at par.

Purchased through negotiation by TD Securities, as follows:

L.O.: Nixon Peabody LLP, New York, NY; and Hardwick Law Firm, New York, NY.

F.A.: NW Financial Group, New York, NY.


OHIO

Ohio

May 13, 2025 $60,000,000

Higher Educational Facility Revenue Bonds, (John Carroll University 2025 Project) (R) (book entry)

Dated Jun 3, 2025. Interest accrues Jun 3, 2025.

Due Oct 1, 2027 to 2057.

First coupon Oct 1, 2025.

2036-2057 Callable Oct 1, 2035 at par.

Purchased through negotiation by KeyBanc Capital Markets, as follows:

L.O.: Squire Patton Boggs (US) LLP, Cleveland, OH.


OREGON

Oregon Facilities Authority

May 14, 2025 $23,605,000

Charter School Revenue Bonds, 2025 Series A (Redmond Proficiency Academy Project) (R) (book entry) $23,295,000.

Dated May 29, 2025. Interest accrues May 29, 2025.

Due Jun 15, 2029 to 2065.

First coupon Dec 15, 2025.

2033-2065 Callable Jun 15, 2032 at 102.000%, declining to par Jun 15, 2032.

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

L.O.: Orrick, Herrington & Sutcliffe, Portland, OR.

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


Beaverton School District No. 48J

May 14, 2025 $403,584,067

General Obligation Bonds, Series 2025A (Deferred Interest Bonds) (Oregon School Bond Guaranty Act) (L) (book entry) $161,364,067.

Dated May 28, 2025.

Due Jun 15, 2031 to 2047.

2037-2047 Callable Jun 15, 2035 at par.

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


General Obligation Bonds, Series 2025 (Current Interest Bonds) (Oregon School Bond Guaranty Act) (L) (book entry) $242,220,000.

Dated May 28, 2025.

Due Jun 15, 2026 to 2053.

First coupon Dec 15, 2025.

2036-2053 Callable Jun 15, 2035 at par.

L.O.: Hawkins, Delafield & Wood, Portland, OR.


PENNSYLVANIA

State Public School Building Authority

May 13, 2025 $5,330,000

School Lease Revenue Bonds, Series 2025 (Cumberland Perry Area Career and Technical Center Project) (R) (book entry)

Dated Jun 18, 2025.

Due Nov 15, 2025 to 2044.

First coupon Nov 15, 2025.

2031-2044 Callable Nov 15, 2030 at par.

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

L.O.: Eckert, Seamans, Cherin & Mellott, Harrisburg, PA; and Turner Law, P.C.,, Philadelphia, PA.

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


Monroe County Industrial Development Authority

May 13, 2025 $13,180,000

Special Obligation Revenue Refunding Bonds, Series of 2025 (Tobyhanna Township Project) (R) (book entry)

Dated Jun 5, 2025.

Due Jul 1, 2026 to 2031.

First coupon Jan 1, 2026.

Non-callable.

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

L.O.: Eckert, Seamans, Cherin & Mellott, Harrisburg, PA.


SOUTH CAROLINA

South Carolina Housing Finance and Development Authority

May 14, 2025 $178,000,000

Mortgage Revenue Bonds, Series 2025 B (R) (book entry)

Dated Jun 12, 2025.

Due Jul 1, 2026 to 2055.

First coupon Jan 1, 2026.

2034-2055 Callable Jul 1, 2033 at par, 2055-2055 Callable Jul 1, 2033 at 103.989% plus accrued interest.

Purchased through negotiation by BofA Securities, RBC Capital Markets, Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Burr Forman McNair, Charleston, SC.

F.A.: Raymond James & Associates, Inc., St. Petersburg, FL.


South Carolina Housing Finance and Development Authority

May 14, 2025 $178,000,000

Mortgage Revenue Bonds, Series 2025 B (R) (book entry)

Dated Jun 12, 2025.

Due Jul 1, 2026 to 2055.

First coupon Jan 1, 2026.

2034-2055 Callable Jul 1, 2033 at par, 2055-2055 Callable Jul 1, 2033 at 103.989% plus accrued interest.

Purchased through negotiation by BofA Securities, RBC Capital Markets, Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Burr Forman McNair, Charleston, SC.

F.A.: Raymond James & Associates, Inc., St. Petersburg, FL.


TEXAS

Harris County Hospital District

May 13, 2025 $808,505,000

Limited Tax Bonds, Series 2025 (L) (book entry)

Dated May 29, 2025. Interest accrues May 29, 2025.

Due Feb 15, 2028 to 2055.

First coupon Aug 15, 2025.

2036-2055 Callable Feb 15, 2035 at par.

Purchased through negotiation by Jefferies LLC, Siebert Williams Shank & Co., L.L.C, Stern Brothers & Co., D.A. Davidson & Co., Estrada Hinojosa & Company, Inc., Piper Sandler & Co, SWBC Investment Services, LLC, Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Bracewell LLP, Houston, TX; Bratton and Associates, Houston, TX; and State Attorney General.

F.A.: Hilltop Securities Inc., Dallas, TX; and Masterson Advisors LLC, Houston, TX.


Sulphur Springs Independent School District

May 14, 2025 $48,775,000

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

Dated Jun 1, 2025. Interest accrues Jun 12, 2025.

Due Feb 15, 2026 to 2055.

First coupon Aug 15, 2025.

2035-2055 Callable Feb 15, 2034 at par.

Purchased through negotiation by FHN Financial Capital Markets, Huntington Securities, Inc., as follows:

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

F.A.: Frost Bank, San Antonio, TX.


Hubbard (City)

May 13, 2025 $4,475,000

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

Dated Jun 1, 2025. Interest accrues Jun 17, 2025.

Due Feb 15, 2039 to 2055.

First coupon Aug 15, 2025.

2039-2055 Callable Feb 15, 2034 at par.

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

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

F.A.: Government Capital Securities Corporation, Southlake, TX.


Blue Ridge (City)

May 13, 2025 $5,808,000

Special Assessment Revenue Bonds, Series 2025 (Blue Ridge Crossing Public Improvement District Project) (N) (book entry)

Dated Jun 5, 2025.

Due Sep 15, 2026 to 2055.

First coupon Sep 15, 2025.

2034-2055 Callable Sep 15, 2033 at par.

Purchased through negotiation by FMSbonds, Inc., as follows:

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

F.A.: Hilltop Securities Inc., Fort Worth, TX.


WASHINGTON

Snoqualmie Valley School District No. 410

May 13, 2025 $80,900,000

General Obligation Refunding Bonds, 2025 (Washington School Bond Guarantee Program) (G) (book entry)

Dated May 22, 2025. Interest accrues May 22, 2025.

Due Dec 1, 2025 to 2034.

First coupon Dec 1, 2025.

Non-callable.

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


WISCONSIN

Green Lake County

May 13, 2025 $29,000,000

General Obligation Promissory Notes (G) (book entry)

Dated Jun 2, 2025. Interest accrues Jun 2, 2025.

Due Mar 1, 2026 to 2045.

First coupon Mar 1, 2026.

2035-2045 Callable Mar 1, 2034 at par.

Purchased through negotiation by Baird, as follows:

L.O.: Quarles & Brady, Milwaukee, WI.


TAXABLE ISSUES


CALIFORNIA

Stanislaus Union School District

May 13, 2025 $24,875,000

General Obligation Bonds, 2024 Election, 2025 Series A (G) (book entry) (Taxable) $365,000.

Dated May 28, 2025. Interest accrues May 28, 2025.

Due Jul 1, 2025.

First coupon Jul 1, 2025.

Non-callable.

Purchased through negotiation by Baird, as follows:

L.O.: Dannis Woliver Kelley, Long Beach, CA.

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


California Statewide Communities Development Authority

May 13, 2025 $50,650,000

Revenue Bonds, Series 2025A-T (Statewide Community Infrastructure Program) (R) (book entry) (Taxable) $5,705,000.

Dated May 29, 2025.

Due Sep 2, 2026 to 2055.

First coupon Sep 2, 2025.

2036-2055 Callable Sep 2, 2035 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Orrick, Herrington & Sutcliffe, Sacramento, CA.


IDAHO

Idaho Housing and Finance Association

May 13, 2025 $175,000,000

Single Family Mortgage Bonds, 2025 Series B (R) (book entry) (Taxable)

Dated Jun 3, 2025.

Due Jan 1, 2026 to Jul 1, 2065.

First coupon Jul 1, 2025.

2034-2065 Callable Jul 1, 2033 at par.

Purchased through negotiation by BofA Securities, Barclays Capital, RBC Capital Markets, ZIONS BANK division of ZB, N.A., D.A. Davidson & Co., Raymond James & Associates, Inc., Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Skinner Fawcett LLP, Boise, ID.


ILLINOIS

East Alton-Wood River Community High School District No. 14

May 13, 2025 $4,025,000

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

Dated Jun 5, 2025.

Due Dec 1, 2026 to 2030.

First coupon Dec 1, 2025.

Non-callable.

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

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


OREGON

Oregon Facilities Authority

May 14, 2025 $23,605,000

Charter School Revenue Bonds, 2025 Series B (Redmond Proficiency Academy Project) (R) (book entry) (Taxable) $310,000.

Dated May 29, 2025. Interest accrues May 29, 2025.

Due Jun 15, 2028 to 2029.

First coupon Dec 15, 2025.

Non-callable.

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

L.O.: Orrick, Herrington & Sutcliffe, Portland, OR.

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