Market Data
Results of negotiated sales: 07/17/2025

ARKANSAS

Arkansas Development Finance Authority

Jul 16, 2025 $65,000,000

Single Family Mortgage Revenue Bonds, 2025 Series B (Mortgage-Backed Securities /Mortgage Loans Program) (R) (book entry)

Dated Aug 7, 2025.

Due Jul 1, 2026 to Jan 1, 2056.

First coupon Jan 1, 2026.

2034-2055 Callable Jul 1, 2033 at par, 2034-2056 Callable Jul 1, 2033 at 101.546%, declining to par Jul 1, 2033.

Purchased through negotiation by Raymond James & Associates, Inc., Stephens Inc., Carty, Harding, & Hearn, Inc., Crews & Associates, Inc., as follows:

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


Arkansas Development Finance Authority

Jul 16, 2025 $65,000,000

Single Family Mortgage Revenue Bonds, 2025 Series B (Mortgage-Backed Securities /Mortgage Loans Program) (R) (book entry)

Dated Aug 7, 2025.

Due Jul 1, 2026 to Jan 1, 2056.

First coupon Jan 1, 2026.

2034-2055 Callable Jul 1, 2033 at par, 2034-2056 Callable Jul 1, 2033 at 101.546%, declining to par Jul 1, 2033.

Purchased through negotiation by Raymond James & Associates, Inc., Stephens Inc., Carty, Harding, & Hearn, Inc., Crews & Associates, Inc., as follows:

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


CALIFORNIA

California Community Choice Financing Authority

Jul 15, 2025 $1,005,685,000

Clean Energy Project Revenue Bonds, Series 2025D (Green Bonds) (Term Rate) (Mandatory Tender Date: 07/01/2034) (R) (book entry)

Dated Jul 25, 2025.

Due Jul 1, 2030 to Oct 1, 2055.

First coupon Jan 1, 2026.

2034-2034 Callable Apr 1, 2034 at 100.088% plus accrued interest, 2034-2055 Callable Apr 1, 2034 at 100.076% plus accrued interest.

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

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

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


California Community Choice Financing Authority

Jul 15, 2025 $1,005,685,000

Clean Energy Project Revenue Bonds, Series 2025D (Green Bonds) (Term Rate) (Mandatory Tender Date: 07/01/2034) (R) (book entry)

Dated Jul 25, 2025.

Due Jul 1, 2030 to Oct 1, 2055.

First coupon Jan 1, 2026.

2034-2034 Callable Apr 1, 2034 at 100.088% plus accrued interest, 2034-2055 Callable Apr 1, 2034 at 100.076% plus accrued interest.

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

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

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


Eastvale Public Financing Authority

Jul 16, 2025 $57,715,000

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

Dated Jul 31, 2025.

Due May 1, 2029 to 2055.

First coupon Nov 1, 2025.

2034-2055 Callable May 1, 2033 at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: Urban Futures, Inc., Walnut Creek, CA.


Firebaugh-Las Deltas Unified School District

Jul 15, 2025 $15,000,000

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

Dated Jul 31, 2025.

Due Aug 1, 2027 to 2053.

First coupon Feb 1, 2026.

2036-2053 Callable Aug 1, 2035 at par.

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

L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.

F.A.: Keygent LLC, El Segundo, CA.


FLORIDA

Volusia County Educational Facilities Authority

Jul 15, 2025 $184,420,000

Educational Facilities Revenue Bonds, Series 2025 (Embry-Riddle Aeronautical University, Inc. Project) (R) (book entry)

Dated Jul 31, 2025.

Due Oct 15, 2028 to 2040.

First coupon Oct 15, 2025.

2035-2040 Callable Oct 15, 2034 at par.

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

L.O.: Bryant, Miller & Olive, Orlando, FL.

F.A.: Callowhill Capital Advisors, Philadelphia, PA.


ILLINOIS

Iroquois West Community Unit School District No. 10

Jul 16, 2025 $3,300,000

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

Dated Aug 5, 2025.

Due Dec 1, 2027 to 2040.

First coupon Dec 1, 2026.

2035-2040 Callable Dec 1, 2034 at par.

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

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


LOUISIANA

Louisiana Housing Corporation

Jul 15, 2025 $21,000,000

Multifamily Housing Revenue Bonds, Series 2025 (Imperial Terrace Project) (Mandatory Tender Date: 05/01/2028) (R) (book entry)

Dated Jul 25, 2025. Interest accrues Jul 25, 2025.

Due May 1, 2029.

First coupon Nov 1, 2025.

2029-2029 Callable May 1, 2028 at par.

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

L.O.: Butler Snow, LLP, Baton Rouge, LA.


MARYLAND

Anne Arundel County

Jul 16, 2025 $107,310,000

General Obligation Bonds Consolidated General Improvement Series, 2025B Refunding Series (G) (book entry) $62,585,000.

Dated Jul 30, 2025.

Due Oct 1, 2025 to 2045.

First coupon Oct 1, 2025.

2035-2045 Callable Apr 1, 2035 at par.

Purchased through negotiation by BofA Securities, Mesirow Financial, Inc., as follows:


General Obligation Bonds Consolidated Water and Sewer Series, 2025B Refunding Series (G) (book entry) $44,725,000.

Dated Jul 30, 2025.

Due Oct 1, 2025 to 2045.

First coupon Oct 1, 2025.

2035-2045 Callable Apr 1, 2035 at par.

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

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


MICHIGAN

Clarkston Community Schools

Jul 16, 2025 $119,600,000

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

Dated Aug 14, 2025. Interest accrues Aug 14, 2025.

Due May 1, 2028 to 2050.

First coupon May 1, 2026.

2036-2050 Callable May 1, 2035 at par.

Purchased through negotiation by Huntington Securities, Inc., 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.


MISSOURI

Warrenton Fire Protection District

Jul 15, 2025 $10,000,000

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

Dated Jul 29, 2025.

Due Mar 1, 2027 to 2041.

First coupon Mar 1, 2026.

2035-2041 Callable Mar 1, 2034 at par.

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

L.O.: Gilmore & Bell, P.C., St. Louis, MO.


NEW HAMPSHIRE

New Hampshire Municipal Bond Bank

Jul 16, 2025 $231,360,000

2025 Series B Bonds (G) (book entry)

Dated Aug 14, 2025.

Due Aug 15, 2026 to 2054.

First coupon Feb 15, 2026.

2035-2054 Callable Aug 15, 2034 at par.

Purchased through negotiation by Raymond James & Associates, Inc., Fidelity Capital Markets, Janney Montgomery Scott LLC, TD Securities, as follows:

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

F.A.: Hilltop Securities Inc., Boston, MA.


NEW JERSEY

Burlington County Bridge Commission

Jul 15, 2025 $26,990,000

Lease Revenue Notes, Series 2025 (Govermental Leasing Program) (R) (book entry)

Dated Aug 1, 2025.

Due Jul 31, 2026.

First coupon Jul 31, 2026.

Non-callable.

Purchased through negotiation by NW Capital a division of Windsor Financial Group, as follows:

L.O.: Malamut & Associates, LLC, Cherry Hill, NJ.

F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.


NEW YORK

New York State Dormitory Authority

Jul 16, 2025 $7,470,000

Revenue Bonds, Series 2025A Subseries 2025A-1 (Interagency Council Pooled Loan Program) (R) (book entry) $6,730,000.

Dated Jul 30, 2025.

Due Jul 1, 2026 to 2050.

First coupon Jan 1, 2026.

2036-2050 Callable Jul 1, 2035 at par.

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

L.O.: Barclay Damon LLP, Albany, NY; and Lewis & Munday, New York, NY.

F.A.: Municipal Capital Advisors LLC, Omaha, NE.


New York State Environmental Facilities Corporation

Jul 16, 2025 $368,750,000

State Clean Water and Drinking Water Revolving Funds Revenue Refunding Bonds, Series 2025 C (New York City Municipal Water Finance Authority Projects - Second Resolution Bonds) (R) (book entry)

Dated Aug 5, 2025.

Due Jun 15, 2026 to 2055.

First coupon Dec 15, 2025.

2036-2055 Callable Jun 15, 2035 at par.

Purchased through negotiation by BofA Securities, Jefferies LLC, Academy Securities Inc., Loop Capital Markets, LLC, Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, as follows:

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

F.A.: Frasca & Associates, L.L.C., Washington, DC; NW Financial Group, Hoboken, NJ; and Omnicap Group LLC, El Segundo, CA.


OHIO

Hamilton Township

Jul 15, 2025 $5,000,000

Public Works Facility Bonds, Series 2025 (General Obligation - Limited Tax) (L) (bank qualified) (book entry)

Dated Jul 29, 2025.

Due Dec 1, 2025 to 2049.

First coupon Dec 1, 2025.

2033-2049 Callable Dec 1, 2032 at par.

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

L.O.: Bricker Graydon LLP, Cleveland, OH.

F.A.: Bradley Payne Advisors, Cincinnati, OH.


OKLAHOMA

Tulsa County Home Finance Authority

Jul 15, 2025 $25,000,000

Single Family Mortgage Revenue Bonds, Series 2025A (R) (book entry)

Dated Aug 5, 2025.

Due Jan 1, 2027 to Jul 1, 2056.

First coupon Jan 1, 2026.

2036-2056 Callable Jul 1, 2035 at par.

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

L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.


PENNSYLVANIA

Butler County General Authority

Jul 16, 2025 $16,695,000

Lease Revenue Bonds, Series of 2025 (Forbes Road Career and Technology Center) (Pennsylvania State Aid Intercept Program) (R) (book entry)

Dated Aug 13, 2025.

Due Oct 1, 2026 to 2045.

First coupon Apr 1, 2026.

2036-2045 Callable Oct 1, 2035 at par.

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

L.O.: Bruce E. Dice & Associates PC, Pittsburgh, PA.


Brentwood Borough School District

Jul 15, 2025 $10,585,000

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

Dated Aug 13, 2025.

Due May 15, 2026 to 2052.

First coupon Nov 15, 2025.

2034-2052 Callable May 15, 2033 at par.

Purchased through negotiation by Janney Montgomery Scott LLC, as follows:

L.O.: Clark Hill P.L.C., Pittsburgh, PA.

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


TENNESSEE

Williamson County Industrial Development Board

Jul 15, 2025 $12,800,000

Education Revenue Bonds, (Franklin Classical School Project) (R) (book entry)

Dated Jul 22, 2025. Interest accrues Jul 22, 2025.

Due Jul 1, 2029 to 2055.

First coupon Jan 1, 2026.

2034-2055 Callable Jul 1, 2033 at 102.000%, declining to par Jul 1, 2033.

Privately placed by Ziegler Capital Markets Group, as follows:

L.O.: Bass, Berry & Sims PLC, Nashville, TN.


TEXAS

Lavon (City)

Jul 15, 2025 $29,099,000

Special Assessment Revenue Bonds, Series 2025 (Trails of Lavon Public Improvement District Projects) (N) (book entry)

Dated Aug 13, 2025.

Due Sep 15, 2025 to 2054.

First coupon Sep 15, 2025.

2034-2054 Callable Sep 15, 2033 at par.

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

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

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


Westlake (Town)

Jul 15, 2025 $9,380,000

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

Dated Jul 1, 2025. Interest accrues Aug 5, 2025.

Due Feb 15, 2047 to 2055.

First coupon Feb 15, 2026.

2047-2055 Callable Feb 15, 2035 at par.

Purchased through negotiation by Raymond James & Associates, Inc., Estrada Hinojosa & Company, Inc., Frost Bank, as follows:

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

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


Frost Independent School District

Jul 15, 2025 $21,680,000

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

Dated Jul 15, 2025. Interest accrues Jul 31, 2025.

Due Feb 15, 2026 to 2055.

First coupon Aug 15, 2025.

2036-2055 Callable Feb 15, 2035 at par.

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

L.O.: Leon Alcala, PLLC, Austin, TX; and State Attorney General.

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


Irving Independent School District

Jul 15, 2025 $222,115,000

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

Dated Jul 15, 2025. Interest accrues Aug 7, 2025.

Due Feb 15, 2028 to 2045.

First coupon Aug 15, 2025.

2036-2045 Callable Feb 15, 2035 at par.

Purchased through negotiation by BOK Financial Securities, Frost Bank, Hilltop Securities Inc., Piper Sandler & Co, Raymond James & Associates, Inc., as follows:

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

F.A.: RBC Capital Markets, Dallas, TX.


Schertz (City)

Jul 15, 2025 $53,675,000

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

Dated Jul 1, 2025. Interest accrues Jul 1, 2025.

Due Feb 1, 2026 to 2045.

First coupon Feb 1, 2026.

2035-2045 Callable Feb 1, 2034 at par.

Purchased through negotiation by UMB Bank, N.A.., Frost Bank, Baird, as follows:

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

F.A.: SAMCO Capital Markets, San Antonio, TX.


Red Oak Independent School District

Jul 15, 2025 $171,060,000

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

Dated Aug 1, 2025. Interest accrues Aug 1, 2025.

Due Feb 15, 2027 to 2055.

First coupon Aug 15, 2025.

2036-2055 Callable Feb 15, 2035 at par.

Purchased through negotiation by Baird, BOK Financial Securities, Piper Sandler & Co, Stephens Inc., as follows:

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

F.A.: SAMCO Capital Markets, Plano, TX.


Dripping Springs Independent School District

Jul 15, 2025 $325,955,000

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

Dated Jul 30, 2025. Interest accrues Jul 30, 2025.

Due Feb 15, 2026 to 2055.

First coupon Aug 15, 2025.

2036-2055 Callable Feb 15, 2035 at par.

Purchased through negotiation by Raymond James & Associates, Inc., Jefferies LLC, BOK Financial Securities, J.P. Morgan Securities LLC, RBC Capital Markets, as follows:

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

F.A.: Specialized Public Finance Inc., Austin, TX.


Lockhart Independent School District

Jul 16, 2025 $90,820,000

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

Dated Aug 7, 2025. Interest accrues Aug 7, 2025.

Due Aug 1, 2028 to 2055.

First coupon Aug 15, 2025.

2035-2055 Callable Aug 1, 2034 at par.

Purchased through negotiation by SAMCO Capital Markets, Siebert Williams Shank & Co., L.L.C, Frost Bank, Hilltop Securities Inc., as follows:

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

F.A.: Specialized Public Finance Inc., Austin, TX.


TAXABLE ISSUES


NEBRASKA

Sarpy County Sanitary and Improvement District No. 318

Jul 16, 2025 $360,000

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

Dated Aug 21, 2025. Interest accrues Aug 21, 2025.

Due Aug 15, 2030 to 2045.

First coupon Feb 15, 2026.

2032-2045 Callable Aug 15, 2030 at par.

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

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

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


NEW HAMPSHIRE

New Hampshire Municipal Bond Bank

Jul 16, 2025 $2,470,000

Bonds, 2025 Series C (G) (book entry) (Taxable)

Dated Aug 14, 2025.

Due Aug 15, 2026 to 2035.

First coupon Feb 15, 2026.

Non-callable.

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

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

F.A.: Hilltop Securities Inc., Boston, MA.


NEW YORK

New York State Dormitory Authority

Jul 16, 2025 $7,470,000

Revenue Bonds, Series 2025A Subseries 2025A-2 (Interagency Council Pooled Loan Program) (R) (book entry) (Taxable) $740,000.

Dated Jul 30, 2025.

Due Jul 1, 2026 to 2029.

First coupon Jan 1, 2026.

Non-callable.

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

L.O.: Barclay Damon LLP, Albany, NY; and Lewis & Munday, New York, NY.

F.A.: Municipal Capital Advisors LLC, Omaha, NE.