Market Data
Results of negotiated sales: 09/08/2025

CALIFORNIA

Los Angeles County Sanitation Districts Financing Authority

Sep 4, 2025 $85,565,000

Capital Projects Revenue Refunding Bonds, 2025 Series A (District No. 14 Revenue Refunding Bonds) (R) (book entry)

Dated Sep 18, 2025.

Due Oct 1, 2026 to 2035.

First coupon Apr 1, 2026.

Non-callable.

Purchased through negotiation by J.P. Morgan Securities LLC, Mischler Financial Group, Inc., Stern Brothers & Co., as follows:

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

F.A.: Montague DeRose & Associates, Westlake Village, CA.


Eastern Municipal Water District Community Facilities District No. 2021-93 (McLaughlin Village)

Sep 4, 2025 $2,445,000

Special Tax Bonds, 2025 (R) (book entry)

Dated Sep 24, 2025.

Due Sep 1, 2026 to 2055.

First coupon Mar 1, 2026.

2033-2055 Callable Sep 1, 2032 at 103.000%, declining to par Sep 1, 2032.

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

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

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


Los Angeles Department of Water and Power

Sep 4, 2025 $163,415,000

Water System Revenue Bonds, 2025 Series B (R) (book entry)

Dated Sep 23, 2025.

Due Jul 1, 2031 to 2035.

First coupon Jan 1, 2026.

Non-callable.

Purchased through negotiation by BofA Securities, Goldman, Sachs & Co., Barclays Capital, Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, Stern Brothers & Co., Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Kutak Rock LLP, Irvine, CA.

F.A.: Public Resources Advisory Group, Los Angeles, CA.


Riverside Unified School District

Sep 5, 2025 $105,670,000

Election of 2016 General Obligation Bonds, Series D (G) (book entry) $40,000,000.

Dated Sep 18, 2025.

Due Aug 1, 2026 to 2042.

First coupon Feb 1, 2026.

2036-2042 Callable Aug 1, 2035 at par.

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


2025 General Obligation Refunding Bonds (G) (book entry) $65,670,000.

Dated Sep 18, 2025.

Due Aug 1, 2026 to 2038.

First coupon Feb 1, 2026.

2036-2038 Callable Aug 1, 2035 at par.

L.O.: Jones Hall LLP, San Mateo, CA.

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


COLORADO

Colorado Health Facilities Authority

Sep 5, 2025 $21,020,000

Revenue Bonds, Series 2025A (Aberdeen Ridge) (R) (book entry)

Dated Sep 10, 2025. Interest accrues Sep 10, 2025.

Due May 15, 2029 to 2058.

First coupon Nov 15, 2025.

2031-2058 Callable Nov 15, 2030 at 104.000%, declining to par Nov 15, 2030.

Privately placed by Ziegler Capital Markets Group, as follows:

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

F.A.: PFM Financial Advisors LLC, Denver, CO.


University of Colorado Regents

Sep 4, 2025 $140,470,000

University Enterprise Revenue Bonds, Series Series 2025C-1 (R) (book entry) $76,540,000.

Dated Oct 14, 2025.

Due Jun 1, 2027 to 2055.

First coupon Dec 1, 2025.

2036-2055 Callable Jun 1, 2035 at par.

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


University Enterprise Refunding Revenue Bonds, Series 2025C-2 (R) (book entry) $63,930,000.

Dated Oct 14, 2025.

Due Jun 1, 2026 to 2051.

First coupon Dec 1, 2025.

2036-2051 Callable Jun 1, 2035 at par.

L.O.: Hogan Lovells US LLP, Denver, CO.

F.A.: North Slope Capital Advisors, Denver, CO.


Colorado Housing and Finance Authority

Sep 4, 2025 $50,000,000

Single Family Mortgage Bonds, Class I Bonds, 2025 Series M (Social Bonds) (R) (book entry)

Dated Oct 1, 2025.

Due May 1, 2026 to Nov 1, 2055.

First coupon May 1, 2026.

2033-2055 Callable May 1, 2033 at par.

Purchased through negotiation by Jefferies LLC, BofA Securities, RBC Capital Markets, 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., Atlanta, GA.


CONNECTICUT

Connecticut Health and Educational Facilities Authority

Sep 4, 2025 $129,125,000

Revenue Bonds, Series O (Quinnipiac University Issue) (R) (book entry)

Dated Sep 18, 2025.

Due Jul 1, 2026 to 2036.

First coupon Jan 1, 2026.

2036-2036 Callable Jul 1, 2035 at par.

Purchased through negotiation by Barclays Capital, BofA Securities, KeyBanc Capital Markets, Morgan Stanley & Co., Inc., Ramirez & Co., Inc., as follows:

L.O.: Hinckley, Allen & Snyder, Hartford, CT.

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


FLORIDA

Miami-Dade County Industrial Development Authority

Sep 5, 2025 $18,460,000

Educational Facilities Revenue Bonds, Series 2025 (Miami Community Charter Schools, Inc. Project) (R) (book entry)

Dated Sep 17, 2025. Interest accrues Sep 17, 2025.

Due Jun 1, 2027 to 2065.

First coupon Dec 1, 2025.

2033-2065 Callable Jun 1, 2032 at 102.000%, declining to par Jun 1, 2032.

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

L.O.: Foley & Lardner, Miami, FL; and Law Offices of Richard Kuper, P.A.,, Miami, FL.

F.A.: Building Hope Services, LLC, Fort Lauderdale, FL.


Poitras East Community Development District

Sep 4, 2025 $9,010,000

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

Dated Sep 18, 2025.

Due May 1, 2026 to 2055.

First coupon May 1, 2026.

2036-2055 Callable May 1, 2035 at par.

Purchased through negotiation by Jefferies LLC, as follows:

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

F.A.: PFM Financial Advisors LLC, Orlando, FL.


ILLINOIS

Joliet Regional Port District

Sep 5, 2025 $14,305,000

General Obligation Bonds (Alternate Revenue Source), Series 2025 (L) (book entry) $9,540,000.

Dated Sep 17, 2025.

Due Dec 30, 2040 to 2048.

First coupon Jun 30, 2026.

2040-2048 Callable Dec 30, 2035 at par.

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


General Obligation Debt Certificates, Series 2025 (O) (book entry) $4,765,000.

Dated Sep 17, 2025.

Due Dec 30, 2029 to 2039.

First coupon Jun 30, 2026.

2036-2039 Callable Dec 30, 2035 at par.

L.O.: Burke, Warren, MacKay & Serritella, Chicago, IL.


INDIANA

Borden-Henryville Multi-School Building Corporation

Sep 4, 2025 $18,230,000

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

Dated Sep 25, 2025.

Due Jan 15, 2027 to Jul 15, 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.: Ice Miller, Indianapolis, IN.


LOUISIANA

Louisiana Local Government Environmental Facilities and Community Development Authority

Sep 4, 2025 $18,000,000

Revenue Bonds, Series 2025 (City of Gretna-Public Improvement Bonds) (R) (book entry)

Dated Sep 18, 2025. Interest accrues Sep 18, 2025.

Due Feb 1, 2030 to 2050.

First coupon Feb 1, 2026.

2037-2050 Callable Feb 1, 2036 at par.

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

L.O.: The Becknell Law Firm, Metairie, LA.

F.A.: Sisung Securities Corporation, New Orleans, LA.


Jefferson Parish Finance Authority

Sep 4, 2025 $15,000,000

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

Dated Sep 24, 2025.

Due Jan 1, 2027 to Jul 1, 2056.

First coupon Jan 1, 2026.

2036-2056 Callable Jan 1, 2036 at par.

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

L.O.: The Becknell Law Firm, Metairie, LA.

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


MICHIGAN

Michigan Housing Development Authority

Sep 5, 2025 $360,170,000

Rental Housing Revenue Bonds 2025 Series A-1 (R) (book entry)

Dated Sep 24, 2025.

Due Apr 1, 2028 to Oct 1, 2068.

First coupon Apr 1, 2026.

2034-2068 Callable Oct 1, 2033 at par, 2030-2030 Callable Apr 1, 2026 at par, 2031-2031 Callable Oct 1, 2026 at par.

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

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

F.A.: CSG Advisors Inc., Atlanta, GA.


Michigan Housing Development Authority

Sep 5, 2025 $360,170,000

Rental Housing Revenue Bonds 2025 Series A-1 (R) (book entry)

Dated Sep 24, 2025.

Due Apr 1, 2028 to Oct 1, 2068.

First coupon Apr 1, 2026.

2034-2068 Callable Oct 1, 2033 at par, 2030-2030 Callable Apr 1, 2026 at par, 2031-2031 Callable Oct 1, 2026 at par.

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

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

F.A.: CSG Advisors Inc., Atlanta, GA.


Michigan Housing Development Authority

Sep 5, 2025 $360,170,000

Rental Housing Revenue Bonds 2025 Series A-1 (R) (book entry)

Dated Sep 24, 2025.

Due Apr 1, 2028 to Oct 1, 2068.

First coupon Apr 1, 2026.

2034-2068 Callable Oct 1, 2033 at par, 2030-2030 Callable Apr 1, 2026 at par, 2031-2031 Callable Oct 1, 2026 at par.

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

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

F.A.: CSG Advisors Inc., Atlanta, GA.


NEW YORK

New York State Dormitory Authority

Sep 5, 2025 $2,037,145,000

State Personal Income Tax Revenue Bonds, Series 2025 C (General Purpose) (R) (book entry)

Dated Sep 11, 2025.

Due Mar 15, 2027 to 2055.

First coupon Mar 15, 2026.

2036-2055 Callable Sep 15, 2035 at par.

Purchased through negotiation by BofA Securities, Siebert Williams Shank & Co., L.L.C, Wells Fargo Corporate & Investment Banking, Academy Securities Inc., Bancroft Capital, LLC, Barclays Capital, Blaylock Van, LLC, Cabrera Capital Markets, LLC, Goldman, Sachs & Co., Great Pacific Securities, Jefferies LLC, J.P. Morgan Securities LLC, Loop Capital Markets, LLC, Mischler Financial Group, Inc., Morgan Stanley & Co., Inc., Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Capital Markets, Rice Financial Products Company, San Blas Securities LLC, Stern Brothers & Co., as follows:

L.O.: Nixon Peabody LLP, New York, NY; and Bryant, Miller & Olive, Jacksonville, FL.


OHIO

Twinsburg (City)

Sep 3, 2025 $2,075,000

Building Improvement General Obligation Limited Tax Bond Anticipation Notes, Series 2025 (L) (bank qualified) (book entry)

Dated Sep 16, 2025.

Due Sep 16, 2026.

First coupon Sep 15, 2026.

Non-callable.

Privately placed by KeyBanc Capital Markets, as follows:

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

F.A.: MAS Financial Advisory Services, Strongsville, OH.


OREGON

Clackamas River Water

Sep 5, 2025 $15,960,000

Water Revenue Refunding Bonds, Series 2025 (R) (book entry)

Dated Sep 18, 2025.

Due Nov 1, 2025 to 2046.

First coupon Nov 1, 2025.

2036-2046 Callable Nov 1, 2035 at par.

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

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

F.A.: SDAO Advisory Services LLC, Salem, OR.


PENNSYLVANIA

Interboro School District

Sep 5, 2025 $27,535,000

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

Dated Sep 23, 2025.

Due Aug 15, 2026 to 2063.

First coupon Feb 15, 2026.

2036-2063 Callable Aug 15, 2035 at par.

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

L.O.: Raffaele & Puppio LLP, Media, PA.


Trinity Area School District

Sep 4, 2025 $17,745,000

General Obligation Bonds, Series A of 2025 (Limited Tax) (L) (book entry) $16,330,000.

Dated Sep 30, 2025. Interest accrues Sep 30, 2025.

Due Nov 1, 2025 to 2032.

First coupon Nov 1, 2025.

Non-callable.

Purchased through negotiation by PNC Capital Markets, as follows:


Consolidated Fund Revenue Bonds, Series 2025 (R) (book entry) $15,555,000.

Dated Sep 1, 2025. Interest accrues Sep 30, 2025.

Due Jul 1, 2026 to 2045.

First coupon Jan 1, 2026.

Non-callable.

Purchased through negotiation by PNC Capital Markets, as follows:

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


TEXAS

North Texas Higher Education Authority, Inc.

Sep 4, 2025 $50,000,000

Education Loan Revenue Bonds, Senior Series 2025A (R) (book entry) (AMT)

Dated Oct 1, 2025.

Due Jun 1, 2030 to 2046.

First coupon Dec 1, 2025.

2046-2046 Callable Jun 1, 2034 at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: SL Capital Strategies, Washington, DC.


UTAH

Utah Charter School Finance Authority

Sep 5, 2025 $35,810,000

Charter School Revenue Bonds, Series 2025A (Salt Lake Academy) (R) (book entry) $35,400,000.

Dated Sep 11, 2025. Interest accrues Sep 11, 2025.

Due Dec 15, 2028 to 2055.

First coupon Dec 15, 2025.

2029-2055 Callable Dec 15, 2028 at 103.000% plus accrued interest.

Purchased through negotiation by Carty, Harding, & Hearn, Inc., as follows:

L.O.: Chapman and Cutler LLP, Salt Lake City, UT.

F.A.: Zions Public Finance, Salt Lake City, UT.


WISCONSIN

Wood County

Sep 4, 2025 $4,500,000

General Obligation Promissory Notes (G) (bank qualified) (book entry)

Dated Oct 2, 2025. Interest accrues Oct 2, 2025.

Due Oct 1, 2026 to 2035.

First coupon Apr 1, 2026.

2033-2035 Callable Oct 1, 2032 at par.

Purchased through negotiation by Baird, as follows:

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


Western Technical College District

Sep 5, 2025 $1,500,000

General Obligation Promissory Notes, Series 2025F (G) (book entry)

Dated Sep 25, 2025. Interest accrues Sep 25, 2025.

Due Apr 1, 2034 to 2035.

First coupon Apr 1, 2026.

2034-2035 Callable Apr 1, 2032 at par.

Purchased through negotiation by Baird, as follows:

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


TAXABLE ISSUES


COLORADO

Colorado Housing and Finance Authority

Sep 4, 2025 $99,245,000

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

Dated Oct 1, 2025.

Due Nov 1, 2026 to 2055.

First coupon May 1, 2026.

2033-2055 Callable May 1, 2033 at par.

Purchased through negotiation by Jefferies LLC, BofA Securities, RBC Capital Markets, 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., Atlanta, GA.


MASSACHUSETTS

Massachusetts Housing Finance Agency

Sep 4, 2025 $40,960,000

Housing Bonds, 2025 Series B (R) (book entry) (Taxable)

Dated Sep 11, 2025.

Due Dec 1, 2029.

First coupon Dec 1, 2025.

Non-callable.

Purchased through negotiation by Jefferies LLC, Blaylock Van, LLC, as follows:

L.O.: Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Boston, MA.

F.A.: CFX Incorporated, New York, NY.


UTAH

Utah Charter School Finance Authority

Sep 5, 2025 $35,810,000

Charter School Revenue Bonds, Series 2025B (Salt Lake Academy) (R) (book entry) (Taxable) $410,000.

Dated Sep 11, 2025. Interest accrues Sep 11, 2025.

Due Dec 15, 2027 to 2029.

First coupon Dec 15, 2025.

Non-callable.

Purchased through negotiation by Carty, Harding, & Hearn, Inc., as follows:

L.O.: Chapman and Cutler LLP, Salt Lake City, UT.

F.A.: Zions Public Finance, Salt Lake City, UT.