Market Data
Results of negotiated sales: 05/16/2025

ARIZONA

University of Arizona Board of Regents

May 14, 2025 $160,570,000

System Revenue and Revenue Refunding Bonds, Series 2025A (R) (book entry) $118,500,000.

Dated Jun 3, 2025.

Due Jun 1, 2027 to 2055.

First coupon Dec 1, 2025.

2036-2055 Callable Jun 1, 2035 at par.

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


System Revenue Bonds, Series 2025B (R) (book entry) $42,070,000.

Dated Jun 3, 2025.

Due Jun 1, 2027 to 2045.

First coupon Dec 1, 2025.

2036-2045 Callable Jun 1, 2035 at par.

L.O.: Squire Patton Boggs (US) LLP, Phoenix, AZ.

F.A.: RBC Capital Markets, Phoenix, AZ.


Maricopa County Industrial Development Authority

May 14, 2025 $7,965,000

Charter School Revenue Bonds, Series 2025 (Paradise Schools Project) (R) (book entry)

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

Due Jul 1, 2026 to 2060.

First coupon Jan 1, 2026.

2036-2060 Callable Jul 1, 2035 at par.

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

L.O.: Squire Patton Boggs (US) LLP, Phoenix, AZ.


CALIFORNIA

Southern California Public Power Authority

May 14, 2025 $138,130,000

Refunding Revenue Bonds, 2025 Series A (Canyon Power Project) (R) (book entry) $51,100,000.

Dated May 28, 2025.

Due Jul 1, 2028 to 2036.

First coupon Jan 1, 2026.

2031-2036 Callable Jul 1, 2030 at par.

Purchased through negotiation by Wells Fargo Corporate & Investment Banking, as follows:


Refunding Revenue Bonds, 2025 Series B (Canyon Power Project) (Mandatory Tender Date: 07/01/2027) (R) (book entry) $87,030,000.

Dated May 28, 2025.

Due Jul 1, 2036 to 2040.

First coupon Jan 1, 2026.

2036-2040 Callable Jan 1, 2027 at par.

L.O.: Norton Rose Fulbright US LLP, Los Angeles, CA.

F.A.: PFM Financial Advisors LLC, Los Angeles, CA.


Cupertino Union School District

May 14, 2025 $75,000,000

General Obligation Bonds, Election of 2024, Series A

(G) (book entry)

Dated May 29, 2025.

Due Aug 1, 2028 to 2050.

First coupon Aug 1, 2025.

2036-2050 Callable Aug 1, 2035 at par.

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

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

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


Shaffer Elementary School District

May 14, 2025 $2,000,000

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

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

Due Aug 1, 2026 to 2055.

First coupon Aug 1, 2025.

2035-2055 Callable Feb 1, 2035 at par.

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

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

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


Roseland Elementary School District

May 14, 2025 $3,300,000

General Obligation Bonds, Election of 2024, Series 2025 (G) (bank qualified) (book entry)

Dated May 29, 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.: Orrick, Herrington & Sutcliffe, Irvine, CA.

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


COLORADO

Evans (City)

May 14, 2025 $26,820,000

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

Dated May 28, 2025.

Due Dec 1, 2026 to 2055.

First coupon Dec 1, 2025.

2036-2055 Callable Dec 1, 2035 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Butler Snow, LLP, Denver, CO.

F.A.: UMB Financial Services, Inc., Kansas, MO.


Timberleaf Metropolitan District

May 14, 2025 $11,745,000

General Obligation Refunding and Improvement Bonds, Series 2025A (Limited Tax Convertible to Unlimited Tax) (L) (book entry) $9,895,000.

Dated May 28, 2025.

Due Dec 1, 2025 to 2055.

First coupon Dec 1, 2025.

2031-2055 Callable Dec 1, 2030 at 103.000%, declining to par Dec 1, 2030.

Purchased through negotiation by Wells Fargo Corporate & Investment Banking, as follows:


Subordinate General Obligation Limited Tax Bonds, Series 2025B (L) (book entry) $1,850,000.

Dated May 28, 2025.

Due Dec 15, 2055.

First coupon Dec 15, 2025.

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

L.O.: Taft Stettinius & Hollister LLP (formerly Sherman & Howard L.L.C, Denver, CO.

F.A.: Tierra Financial Advisors, LLC, Arlington, TX.


FLORIDA

Lee County Housing Finance Authority

May 14, 2025 $28,500,000

Multifamily Housing Revenue Bonds, Series 2025 (Ekos on Evans) (Mandatory Tender Date: 12/01/2027) (R) (book entry)

Dated May 22, 2025.

Due Dec 1, 2042.

First coupon Dec 1, 2025.

2042-2042 Callable Jun 1, 2027 at par.

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

L.O.: Nabors, Giblin & Nickerson, Tampa, FL.

F.A.: Hilltop Securities Inc., Miami, FL.


Northridge Community Development District

May 15, 2025 $19,000,000

Special Assessment Bonds, Series 2025 (Series 2025 Project) (N) (book entry)

Dated Jun 4, 2025.

Due May 1, 2026 to 2055.

First coupon Nov 1, 2025.

2036-2055 Callable Nov 1, 2035 at par.

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

L.O.: GrayRobinson, P.A., Tampa, FL.


Varrea South Community Development District

May 15, 2025 $6,465,000

Capital Improvement Revenue Bonds, Series 2025 (2025 Assessment Area) (R) (book entry)

Dated Jun 17, 2025.

Due May 1, 2026 to 2055.

First coupon Nov 1, 2025.

2036-2055 Callable Nov 1, 2035 at par.

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

L.O.: Nabors, Giblin & Nickerson, Tampa, FL.


GEORGIA

Henry County Water Authority

May 15, 2025 $24,205,000

Water and Sewer Revenue Bonds, Series 2025 (R) (book entry)

Dated Jun 12, 2025.

Due Feb 1, 2033 to 2045.

First coupon Aug 1, 2025.

2036-2045 Callable Feb 1, 2035 at par.

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

L.O.: Nelson Mullins Riley & Scarborough, L.L.P., Atlanta, GA.


Gwinnett County Development Authority

May 15, 2025 $7,855,000

Refunding Revenue Bonds, Series 2025 (Georgia Gwinnett College Athletic Complex Project) (R) (book entry)

Dated May 28, 2025.

Due Jul 1, 2026 to 2042.

First coupon Jan 1, 2026.

2036-2042 Callable Jul 1, 2035 at par.

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

L.O.: Murray Barnes Finister LLP, Atlanta, GA.


IOWA

Waterloo Community School District

May 14, 2025 $87,220,000

School Infrastructure Sales, Services and Use Tax Revenue Bonds, Series 2025 (R) (book entry)

Dated Jun 23, 2025. Interest accrues Jun 23, 2025.

Due Jul 1, 2032 to 2050.

First coupon Jan 1, 2026.

2034-2050 Callable Jul 1, 2033 at par.

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

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

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


ILLINOIS

Illinois Housing Development Authority

May 15, 2025 $9,320,000

Multifamily Revenue Bonds, 2025 Series A (Sustainability Bonds) (R) (book entry)

Dated May 21, 2025.

Due Jan 1, 2026 to Jul 1, 2065.

First coupon Jan 1, 2026.

2034-2065 Callable Jul 1, 2033 at par.

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

L.O.: Kutak Rock, Chicago, IL.

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


INDIANA

Indiana Finance Authority

May 14, 2025 $51,375,000

Senior Living Revenue Bonds, Series A of 2025 (Indiana Masonic Home Project) (R) (book entry) $9,420,000.

Dated May 29, 2025.

Due May 1, 2029.

First coupon Nov 1, 2025.

Non-callable.

Purchased through negotiation by RBC Capital Markets, as follows:


Senior Living Revenue Bonds, Series B of 2025 (Indiana Masonic Home Project) (R) (book entry) $41,955,000.

Dated May 29, 2025.

Due May 1, 2028 to 2054.

First coupon Nov 1, 2025.

2036-2054 Callable May 1, 2035 at par.

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


Wayne Township Marion County School Building Corporation

May 14, 2025 $28,435,000

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

Dated Jun 4, 2025.

Due Jul 15, 2028 to Jan 15, 2045.

First coupon Jul 15, 2026.

2035-2045 Callable Jul 15, 2034 at par.

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

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


MASSACHUSETTS

Massachusetts Development Finance Agency

May 14, 2025 $134,570,000

Revenue Bonds, Series T-1 (2025) (Brandeis University Issue) (R) (book entry) $21,660,000.

Dated May 29, 2025.

Due Oct 1, 2028 to 2035.

First coupon Oct 1, 2025.

Non-callable.

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


Revenue Bonds, Series T-2 (2025) (Brandeis University Issue) (Mandatory Tender Date: 10/01/2035) (R) (book entry) $112,910,000.

Dated May 29, 2025.

Due Oct 1, 2055.

First coupon Oct 1, 2025.

2055-2055 Callable Apr 1, 2035 at 100.490%, declining to par Apr 1, 2035.

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

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


MAINE

Maine Finance Authority

May 15, 2025 $31,280,000

Student Loan Revenue Bonds, Class A Series 2025A-1 (Supplemental Education Loan Program) (R) (book entry) (AMT)

Dated May 29, 2025.

Due Dec 1, 2031 to 2047.

First coupon Dec 1, 2025.

2034-2047 Callable Jun 1, 2034 at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: S L Capital Strategies.


MICHIGAN

Rockford Public Schools

May 15, 2025 $36,580,000

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

Dated Jun 12, 2025.

Due May 1, 2026 to 2049.

First coupon Nov 1, 2025.

2036-2049 Callable May 1, 2035 at par.

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

L.O.: Thrun Law Firm, P.C., Grand Rapids, MI.

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


Fraser Public School District

May 15, 2025 $45,790,000

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

Dated Jun 12, 2025.

Due May 1, 2026 to 2050.

First coupon Nov 1, 2025.

2036-2050 Callable May 1, 2035 at par.

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

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

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


MISSOURI

East Lynne 40 School District

May 13, 2025 $625,000

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

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

Due Mar 1, 2038 to 2045.

First coupon Mar 1, 2026.

2038-2045 Callable Mar 1, 2030 at par.

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

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


MISSISSIPPI

Mississippi Development Bank

May 14, 2025 $44,000,000

Special Obligation Bonds, Series 2025 (Greenwood Leflore Consolidated School District General Obligation Bond Project) (G) (book entry)

Dated May 27, 2025.

Due Mar 1, 2026 to 2055.

First coupon Mar 1, 2026.

2035-2055 Callable Mar 1, 2034 at par.

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

L.O.: Butler Snow, LLP, Ridgeland, MS.

F.A.: Government Consultants, Inc., Madison, MS.


NORTH CAROLINA

Greenville (City)

May 14, 2025 $63,070,000

Combined Enterprise System Revenue Bonds, Series 2025 Greenville Utilities Commission (R) (book entry)

Dated Jun 5, 2025.

Due Sep 1, 2025 to 2049.

First coupon Sep 1, 2025.

2036-2049 Callable Sep 1, 2035 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, FHN Financial Capital Markets, as follows:

L.O.: Womble Bond Dickinson LLP, Raleigh, NC.

F.A.: First Tryon Advisors, Charlotte, NC.


NORTH DAKOTA

North Dakota Housing Finance Agency

May 14, 2025 $200,000,000

Housing Finance Program Bonds, 2025 Series A Home Mortgage Finance Program (Social Bonds) (R) (book entry)

Dated Jun 12, 2025.

Due Jul 1, 2026 to Jan 1, 2056.

First coupon Jan 1, 2026.

2034-2056 Callable Jul 1, 2033 at par.

Purchased through negotiation by RBC Capital Markets, Fidelity Capital Markets, Raymond James & Associates, Inc., Wells Fargo Corporate & Investment Banking, as follows:

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

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


NEBRASKA

Perkins County

May 14, 2025 $5,500,000

Revenue Bonds, Series 2025A

(Western Sky Community Care Center Project)

(R) (bank qualified) (book entry)

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

Due May 15, 2027.

First coupon Nov 15, 2025.

2027-2027 Callable Dec 15, 2025 at par.

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

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


Mead Village

May 15, 2025 $1,020,000

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

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

Due Nov 15, 2026 to 2039.

First coupon Nov 15, 2025.

2030-2039 Callable May 29, 2030 at par.

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

L.O.: Rembolt Ludtke, Lincoln, NE.


Sarpy County School District #0027

May 14, 2025 $55,000,000

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

Dated May 30, 2025. Interest accrues May 30, 2025.

Due Dec 1, 2033 to 2045.

First coupon Dec 1, 2025.

2036-2045 Callable Dec 1, 2035 at par.

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

L.O.: Baird, Holm, LLP, Omaha, NE.


NEW HAMPSHIRE

National Finance Authority

May 15, 2025 $855,000,000

Revenue Bonds, Series 2025A (Winston-Salem Sustainable Energy Program) (R) (book entry) $769,330,000.

Dated Jun 3, 2025.

Due Jun 1, 2030 to 2055.

First coupon Dec 1, 2025.

2035-2055 Callable Jun 1, 2035 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Robinson, Bradshaw & Hinson, P.A., Charlotte, NC.

F.A.: Kaufman Hall & Associates, Skokie, IL.


NEW YORK

New York State Dormitory Authority

May 15, 2025 $1,028,685,000

School Districts Revenue Bond Financing Program Revenue Bonds, Series 2025A (R) (book entry) $980,420,000.

Dated Jun 17, 2025.

Due Oct 1, 2026 to 2052.

First coupon Apr 1, 2026.

2035-2052 Callable Oct 1, 2034 at par.

Purchased through negotiation by RBC Capital Markets, Raymond James & Associates, Inc., Roosevelt & Cross, Inc., Academy Securities Inc., Bancroft Capital, LLC, Blaylock Van, LLC, BofA Securities, Cabrera Capital Markets Inc., Great Pacific Securities, J.P. Morgan Securities LLC, Mischler Financial Group, Inc., Morgan Stanley & Co., Inc., Oppenheimer & Co., Inc., Rice Financial Products Company, San Blas Securities LLC, Stern Brothers & Co., Wells Fargo Corporate & Investment Banking, as follows:


School Districts Revenue Bond Financing Program Revenue Bonds, Series 2025B (R) (book entry) $27,755,000.

Dated Jun 12, 2025.

Due Oct 1, 2026 to 2040.

First coupon Apr 1, 2026.

2035-2040 Callable Oct 1, 2034 at par.


School Districts Revenue Bond Financing Program Revenue Bonds, Series 2025C (R) (book entry) $20,510,000.

Dated Jul 2, 2025.

Due Oct 1, 2026 to 2044.

First coupon Oct 1, 2026.

2035-2044 Callable Oct 1, 2034 at par.

L.O.: Barclay Damon LLP, Albany, NY; and BurgherGray LLP, New York, NY.


New York City Transitional Finance Authority

May 15, 2025 $1,156,050,000

Future Tax Secured Subordinate Bonds, Fiscial 2025 Series I Subseries I-1 (R) (book entry) $650,000,000.

Dated May 29, 2025.

Due May 1, 2041 to 2055.

First coupon Nov 1, 2025.

2041-2055 Callable May 1, 2035 at par.

Purchased through negotiation by Jefferies LLC, BofA Securities, Ramirez & Co., Inc., RBC Capital Markets, Siebert Williams Shank & Co., L.L.C, Academy Securities Inc., Barclays Capital, Blaylock Van, LLC, Bank of New York Mellon Capital Markets, LLC, Cabrera Capital Markets, LLC, Drexel Hamilton, LLC., Fidelity Capital Markets, Goldman, Sachs & Co., Great Pacific Securities, Janney Montgomery Scott LLC, J.P. Morgan Securities LLC, Loop Capital Markets, LLC, Morgan Stanley & Co., Inc., Oppenheimer & Co., Inc., Raymond James & Associates, Inc., Rice Financial Products Company, Roosevelt & Cross, Inc., Stern Brothers & Co., Stifel, Nicolaus & Co., Inc., TD Securities, Wells Fargo Corporate & Investment Banking, as follows:


Future Tax Secured Subordinate Bonds, Fiscial 2025 Series J Subseries J-I (R) (book entry) $485,060,000.

Dated May 29, 2025.

Due Nov 1, 2027 to 2036.

First coupon Nov 1, 2025.

2035-2036 Callable May 1, 2035 at par.


Future Tax Secured Subordinate Bonds, Fiscial 2025 Series K (R) (book entry) $20,990,000.

Dated May 29, 2025.

Due Nov 1, 2025 to 2036.

First coupon Nov 1, 2025.

2035-2036 Callable May 1, 2035 at par.

L.O.: Norton Rose Fulbright US LLP, New York, NY; and Bryant Rabbino LLP, New York, NY.

F.A.: Public Resources Advisory Group, New York, NY; and Frasca & Associates, L.L.C., New York, NY.


OHIO

Cleveland State University

May 14, 2025 $27,805,000

General Receipts Refunding Bonds, Series 2025A (R) (book entry) $5,870,000.

Dated Jun 9, 2025.

Due Jun 1, 2039.

First coupon Dec 1, 2025.

2039-2039 Callable Jun 1, 2035 at par.

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

L.O.: McDonald Hopkins Co..

F.A.: PFM Financial Advisors LLC, Cleveland, OH.


PENNSYLVANIA

Fort Cherry School District

May 14, 2025 $3,130,000

General Obligation Bonds, Series of 2025 (Limited Tax) (L) (bank qualified) (book entry)

Dated Jun 17, 2025.

Due Dec 1, 2025 to 2049.

First coupon Dec 1, 2025.

2031-2049 Callable Dec 1, 2030 at par.

Purchased through negotiation by PNC Capital Markets, as follows:

L.O.: Dinsmore & Shohl LLP, Pittsburgh, PA.


TEXAS

Waco Education Finance Corporation

May 14, 2025 $132,100,000

Revenue Bonds, Series 2025A (Fixed Rate Bonds) (Baylor University Issue) (R) (book entry) $82,350,000.

Dated May 28, 2025.

Due Mar 1, 2031 to 2055.

First coupon Sep 1, 2025.

2036-2055 Callable Mar 1, 2035 at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: The Yuba Group, LLC, New York, NY.


VERMONT

Vermont Housing Finance Agency

May 15, 2025 $7,250,000

Multifamily Housing Revenue Bonds, Series 2025A (Chelsea Williamstown Apartments) (Fannie Mae MBS-Secured) (R) (book entry) $5,615,000.

Dated May 21, 2025. Interest accrues May 21, 2025.

Due Jan 1, 2043.

First coupon Jan 1, 2026.

Non-callable.

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


Multifamily Housing Revenue Bonds, Series 2025B (Chelsea Williamstown Apartments) (Mandatory Tender Date: 07/01/2027) (R) (book entry) $1,635,000.

Dated May 21, 2025. Interest accrues May 21, 2025.

Due Jul 1, 2028.

First coupon Jan 1, 2026.

2028-2028 Callable Jul 1, 2027 at par.

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


WASHINGTON

North Thurston Public Schools

May 15, 2025 $62,540,000

General Obligation Bonds, 2025 (Washington State School District Credit Enhancement Program) (G) (book entry)

Dated May 28, 2025.

Due Dec 1, 2027 to 2041.

First coupon Dec 1, 2025.

2035-2041 Callable Jun 1, 2035 at par.

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

L.O.: Pacifica Law Group, Seattle, WA.

F.A.: Educational Services District 112, Vancouver, WA.


Seattle (City)

May 14, 2025 $230,810,000

Water System Improvement and Refunding Revenue Bonds, 2025 (R) (book entry)

Dated May 19, 2025.

Due May 1, 2026 to 2055.

First coupon Nov 1, 2025.

2036-2055 Callable May 1, 2035 at par.

Purchased through negotiation by BofA Securities, Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Stradling, Yocca, Carlson & Rauth, P.C., Seattle, WA.

F.A.: Piper Sandler & Co, Seattle, WA.


TAXABLE ISSUES


COLORADO

Colorado Housing and Finance Authority

May 13, 2025 $37,810,000

Adjustable Rate Single Family Mortgage Bonds, Class I Bonds, 2025 Series G-2 (Social Bonds) (Letter of Credit: Bank of America N.A.) (Expiration Date: 05/12/2028) (R) (book entry) (Taxable)

Dated May 14, 2025.

Due May 1, 2044 to 2053.

First coupon Nov 1, 2025.

Callable any time at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: CSG Advisors Inc., Kansas City, MO.


NORTH DAKOTA

North Dakota Housing Finance Agency

May 14, 2025 $60,000,000

Housing Finance Program Bonds, 2025 Series B (Home Mortgage Finance Program) (Social Bonds) (R) (book entry) (Taxable)

Dated Jun 12, 2025.

Due Jul 1, 2026 to Jan 1, 2056.

First coupon Jan 1, 2026.

2034-2056 Callable Jul 1, 2033 at par.

Purchased through negotiation by RBC Capital Markets, Fidelity Capital Markets, Raymond James & Associates, Inc., Wells Fargo Corporate & Investment Banking, as follows:

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

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


NEW HAMPSHIRE

National Finance Authority

May 15, 2025 $855,000,000

Revenue Bonds, Series 2025B (Winston-Salem Sustainable Energy Program) (R) (book entry) (Taxable) $85,670,000.

Dated Jun 3, 2025.

Due Dec 1, 2035.

First coupon Dec 1, 2025.

Non-callable.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Robinson, Bradshaw & Hinson, P.A., Charlotte, NC.

F.A.: Kaufman Hall & Associates, Skokie, IL.


NEW YORK

New York City Transitional Finance Authority

May 15, 2025 $340,655,000

Future Tax Secured Subordinate Bonds Fiscal 2025 Series I, Subseries I-2 (R) (book entry) (Taxable) $300,000,000.

Dated May 29, 2025.

Due May 1, 2027 to 2040.

First coupon Nov 1, 2025.

2036-2040 Callable May 1, 2035 at par.

Purchased through negotiation by Jefferies LLC, BofA Securities, Ramirez & Co., Inc., RBC Capital Markets, Siebert Williams Shank & Co., L.L.C, Academy Securities Inc., Barclays Capital, Blaylock Van, LLC, Bank of New York Mellon Capital Markets, LLC, Cabrera Capital Markets Inc., Drexel Hamilton, LLC., Fidelity Capital Markets, Goldman, Sachs & Co., Great Pacific Securities, Janney Montgomery Scott LLC, J.P. Morgan Securities LLC, Loop Capital Markets, LLC, Morgan Stanley & Co., Inc., Oppenheimer & Co., Inc., Raymond James & Associates, Inc., Rice Financial Products Company, Roosevelt & Cross, Inc., Stern Brothers & Co., Stifel, Nicolaus & Co., Inc., TD Securities, Wells Fargo Corporate & Investment Banking, as follows:


Future Tax Secured Subordinate Bonds Fiscal 2025 Series J, Subseries J-2 (R) (book entry) (Taxable) $40,655,000.

Dated May 29, 2025.

Due Nov 1, 2026.

First coupon Nov 1, 2025.

Non-callable.

L.O.: Norton Rose Fulbright US LLP, New York, NY; and Bryant Rabbino LLP, New York, NY.

F.A.: Public Resources Advisory Group, New York, NY.


OHIO

Cleveland State University

May 14, 2025 $27,805,000

General Receipts Refunding Bonds, Series 2025B (R) (book entry) (Taxable) $21,935,000.

Dated Jun 9, 2025.

Due Jun 1, 2035 to 2039.

First coupon Dec 1, 2025.

Non-callable.

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

L.O.: McDonald Hopkins Co..

F.A.: PFM Financial Advisors LLC, Cleveland, OH.


TEXAS

Waco Education Finance Corporation

May 14, 2025 $132,100,000

Revenue Bonds, Series 2025B Fixed Rate Bonds) (Baylor University Issue) (R) (book entry) (Taxable) $49,750,000.

Dated May 28, 2025.

Due Mar 1, 2030.

First coupon Sep 1, 2025.

2030-2030 Callable Dec 1, 2029 at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: The Yuba Group, LLC, New York, NY.