Market Data
Results of negotiated sales: 09/15/2025

ALABAMA

Industrial Development Authority of Baldwin County

Sep 11, 2025 $100,000,000

Solid Waste Disposal Revenue Bonds, Series 2025B (Novelis Corporation Project) (Mandatory Tender Date: 06/01/2032) (R) (book entry) (AMT)

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

Due Jun 1, 2055.

First coupon Jan 15, 2026.

2055-2055 Callable Mar 3, 2032 at par.

Purchased through negotiation by BofA Securities, as follows:

L.O.: Maynard Nexsen PC, Birmingham, AL.


Southeast Energy Authority, a Cooperative District

Sep 12, 2025 $783,360,000

Energy Supply Revenue Bonds, Series 2025D (R) (book entry)

Dated Sep 23, 2025.

Due Sep 1, 2028 to 2035.

First coupon Mar 1, 2026.

2035-2035 Callable Jun 1, 2035 at 100.275% plus accrued interest.

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

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

F.A.: Municipal Capital Markets Group, Inc., Greenwood Village, CO.


Black Belt Energy Gas District

Sep 11, 2025 $672,185,000

Gas Project Revenue Refunding Bonds, 2025 Series D (Mandatory Tender Date: 08/01/2035) (R) (book entry)

Dated Oct 6, 2025.

Due Feb 1, 2026 to Dec 1, 2055.

First coupon Feb 1, 2026.

2035-2035 Callable May 1, 2035 at 100.243% plus accrued interest, 2055-2055 Callable May 1, 2035 at 100.239% plus accrued interest.

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

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

F.A.: Municipal Capital Markets Group, Inc., Greenwood Village, CO.


Black Belt Energy Gas District

Sep 11, 2025 $672,185,000

Gas Project Revenue Refunding Bonds, 2025 Series D (Mandatory Tender Date: 08/01/2035) (R) (book entry)

Dated Oct 6, 2025.

Due Feb 1, 2026 to Dec 1, 2055.

First coupon Feb 1, 2026.

2035-2035 Callable May 1, 2035 at 100.243% plus accrued interest, 2055-2055 Callable May 1, 2035 at 100.239% plus accrued interest.

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

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

F.A.: Municipal Capital Markets Group, Inc., Greenwood Village, CO.


CALIFORNIA

California Health Facilities Financing Authority

Sep 11, 2025 $302,115,000

Revenue Bonds, Series 2025A (Fixed Mode) (Adventist Health System/West) (R) (book entry)

Dated Sep 18, 2025.

Due Dec 1, 2031 to 2035.

First coupon Jun 1, 2026.

2035-2035 Callable Sep 1, 2035 at par, 2031-2031 Callable Sep 1, 2031 at par, 2032-2032 Callable Sep 1, 2032 at par.

Purchased through negotiation by RBC Capital Markets, Barclays Capital, BofA Securities, PNC Capital Markets, U.S. Bancorp Investments, Inc., J.P. Morgan Securities LLC, as follows:

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


California Health Facilities Financing Authority

Sep 11, 2025 $302,115,000

Revenue Bonds, Series 2025A (Fixed Mode) (Adventist Health System/West) (R) (book entry)

Dated Sep 18, 2025.

Due Dec 1, 2031 to 2035.

First coupon Jun 1, 2026.

2035-2035 Callable Sep 1, 2035 at par, 2031-2031 Callable Sep 1, 2031 at par, 2032-2032 Callable Sep 1, 2032 at par.

Purchased through negotiation by RBC Capital Markets, Barclays Capital, BofA Securities, PNC Capital Markets, U.S. Bancorp Investments, Inc., J.P. Morgan Securities LLC, as follows:

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


California Health Facilities Financing Authority

Sep 11, 2025 $302,115,000

Revenue Bonds, Series 2025A (Fixed Mode) (Adventist Health System/West) (R) (book entry)

Dated Sep 18, 2025.

Due Dec 1, 2031 to 2035.

First coupon Jun 1, 2026.

2035-2035 Callable Sep 1, 2035 at par, 2031-2031 Callable Sep 1, 2031 at par, 2032-2032 Callable Sep 1, 2032 at par.

Purchased through negotiation by RBC Capital Markets, Barclays Capital, BofA Securities, PNC Capital Markets, U.S. Bancorp Investments, Inc., J.P. Morgan Securities LLC, as follows:

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


Elsinore Valley Municipal Water District

Sep 11, 2025 $29,935,000

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

Dated Oct 6, 2025.

Due Jul 1, 2026 to 2034.

First coupon Jan 1, 2026.

Non-callable.

Purchased through negotiation by BofA Securities, as follows:

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

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


Paramount Public Financing Authority

Sep 11, 2025 $9,555,000

Local Measure M Transportation Sales Tax Revenue Bonds, Series 2025 (R) (book entry)

Dated Sep 25, 2025.

Due May 1, 2026 to 2055.

First coupon May 1, 2026.

2036-2055 Callable May 1, 2035 at par.

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

L.O.: Anzel Galvan LLP, San Francisco, CA.

F.A.: Kosmont Transactions Services, Inc., dba Kosmont Financial S, Manhattan Beach, CA.


CONNECTICUT

Connecticut Housing Finance Authority

Sep 11, 2025 $37,587,000

Housing Revenue Bonds, Series 2025 A (Kimberly Place Apartments) (Fannie Mae MBS-Secured) (R) (book entry) $24,667,000.

Dated Sep 25, 2025.

Due Nov 1, 2028 to May 1, 2043.

First coupon May 1, 2026.

Non-callable.

Purchased through negotiation by Jefferies LLC, Janney Montgomery Scott LLC, Roosevelt & Cross, Inc., as follows:


Housing Revenue Bonds, Series 2025 B (Leonard Street Apartments) (Fannie Mae MBS-Secured) (R) (book entry) $12,920,000.

Dated Sep 25, 2025.

Due Nov 1, 2028 to May 1, 2043.

First coupon May 1, 2026.

Non-callable.

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


ILLINOIS

Chicago Board of Education

Sep 11, 2025 $650,000,000

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

Dated Sep 25, 2025.

Due Dec 1, 2047 to 2050.

First coupon Jun 1, 2026.

2047-2050 Callable Dec 1, 2035 at par.

Purchased through negotiation by Loop Capital Markets, LLC, PNC Capital Markets, BofA Securities, J.P. Morgan Securities LLC, Cabrera Capital Markets, LLC, Mesirow Financial, Inc., Goldman, Sachs & Co., Rice Financial Products Company, Ramirez & Co., Inc., RBC Capital Markets, Morgan Stanley & Co., Inc., as follows:

L.O.: Katten Muchin Rosenman LLP, Chicago, IL.

F.A.: Columbia Capital Management, LLC, Chicago, IL.


INDIANA

Franklin (City)

Sep 11, 2025 $43,860,000

Sewage Works Revenue Bonds, Series 2025 (R) (book entry)

Dated Oct 1, 2025.

Due Mar 1, 2026 to 2045.

First coupon Mar 1, 2026.

2036-2045 Callable Mar 1, 2035 at par.

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

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

F.A.: Peters Franklin, LTD, Greenwood, IN.


MISSOURI

Hickory County

Sep 11, 2025 $905,000

Lease Certificates of Participation, Series 2025 (C) (bank qualified) (book entry)

Dated Sep 19, 2025.

Due Oct 15, 2026 to 2035.

First coupon Apr 15, 2026.

2029-2035 Callable Oct 15, 2028 at par.

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

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


St. Charles County Public Water Supply District No. 2

Sep 12, 2025 $47,045,000

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

Dated Sep 25, 2025.

Due Dec 1, 2046 to 2048.

First coupon Dec 1, 2025.

2046-2048 Callable Dec 1, 2033 at par.

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

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

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


NEW JERSEY

Nutley Township Board of Education

Sep 11, 2025 $16,595,000

Refunding School Bonds, Series 2025 (New Jersey School Bond Reserve Act, 1980 N.J. Laws c. 72, as amended) (G) (book entry)

Dated Sep 25, 2025.

Due Jul 15, 2026 to 2032.

First coupon Jan 15, 2026.

Non-callable.

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

L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.

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


OHIO

Violet Township

Sep 11, 2025 $9,000,000

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

Dated Sep 22, 2025.

Due Dec 1, 2026 to 2045.

First coupon Jun 1, 2026.

2034-2045 Callable Dec 1, 2033 at par.

Purchased through negotiation by PNC Capital Markets, as follows:

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

F.A.: Rockmill Financial Consulting, LLC, Lancaster, OH.


Green (City)

Sep 12, 2025 $1,350,000

Street Improvement Bond Anticipation Notes, Series 2025 (Ohio Market Access Program) (General Obligation Limited Tax) (L) (bank qualified) (book entry)

Dated Sep 18, 2025.

Due Sep 17, 2026.

First coupon Sep 17, 2026.

Non-callable.

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

L.O.: Calfee, Halter & Griswold, Cleveland, OH.

F.A.: Sudsina & Associates, Aurora, OH.


Mahoning County

Sep 9, 2025 $9,870,000

General Obligation (Limited Tax) Various Purpose Notes, Series 2025 (L) (bank qualified) (book entry)

Dated Oct 14, 2025.

Due Oct 12, 2026.

First coupon Oct 12, 2026.

Non-callable.

Purchased through negotiation by Central States Capital Markets, LLC, as follows:

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


PENNSYLVANIA

Wilson School District

Sep 11, 2025 $81,145,000

General Obligation Bonds, Series C of 2025 (L) (book entry) $3,915,000.

Dated Oct 15, 2025.

Due May 15, 2036 to 2038.

First coupon Nov 15, 2025.

2036-2038 Callable May 15, 2033 at par.


General Obligation Notes, Series D of 2025 (L) (book entry) $58,170,000.

Dated Oct 15, 2025.

Due May 15, 2037 to 2044.

First coupon Nov 15, 2025.

2037-2044 Callable May 15, 2033 at par.

L.O.: Fox Rothschild LLP, Blue Bell, PA.

F.A.: FSL Public Finance, LLC, Reading, PA.


Montgomery County Industrial Development Authority

Sep 11, 2025 $51,925,000

Bryn Mawr College Revenue Bonds, Series 2025 (R) (book entry)

Dated Sep 30, 2025.

Due Dec 1, 2025 to 2044.

First coupon Dec 1, 2025.

2035-2044 Callable Jun 1, 2035 at par.

Purchased through negotiation by BofA Securities, as follows:

L.O.: Ballard Spahr LLP, Philadelphia, PA.

F.A.: Blue Rose Capital Advisors, Minneapolis, MN.


SOUTH CAROLINA

Goose Creek (City)

Sep 11, 2025 $25,270,000

Carnes Crossroads Improvement District Assessment Revenue Bonds, Series 2025 (R) (book entry)

Dated Oct 1, 2025.

Due Oct 1, 2030 to 2055.

First coupon Apr 1, 2026.

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

Purchased through negotiation by Wells Fargo Securities, MBS Capital Market, as follows:

L.O.: Pope Flynn LLC, Columbia, SC.

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


UTAH

Gateway Public Infrastructure District No.1

Aug 25, 2025 $8,600,000

Tax Increment Revenue Bonds, Series 2025 (R) (book entry)

Dated Aug 26, 2025.

Due Mar 1, 2041.

First coupon Mar 1, 2026.

2041-2041 Callable Mar 1, 2026 at par.

Privately placed by Piper Sandler & Co, as follows:


WASHINGTON

Bainbridge Island (City)

Sep 12, 2025 $11,825,000

Limited Tax General Obligation Bonds, 2025 (L) (book entry)

Dated Sep 25, 2025.

Due Dec 1, 2026 to 2050.

First coupon Jun 1, 2026.

2035-2050 Callable Jun 1, 2035 at par.

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

L.O.: Foster Garvey, Seattle, WA.

F.A.: D.A. Davidson & Co., Seattle, WA.


Washington Housing Finance Commission

Sep 11, 2025 $14,974,000

Multifamily Housing Revenue Bonds, Series 2025 (Creekside Village on Vashon Apartments Project) (Mandatory Tender Date: 10/01/2027) (R) (book entry)

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

Due Apr 1, 2044.

First coupon Jan 1, 2026.

2044-2044 Callable Oct 1, 2027 at par.

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

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


TAXABLE ISSUES


PENNSYLVANIA

Wilson School District

Sep 11, 2025 $81,145,000

General Obligation Bonds, Series A of 2025 (L) (book entry) (Taxable) $3,165,000.

Dated Oct 15, 2025.

Due May 15, 2027 to 2033.

First coupon Nov 15, 2025.

Non-callable.

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


General Obligation Notes, Series B of 2025 (L) (book entry) (Taxable) $15,895,000.

Dated Oct 15, 2025.

Due May 15, 2033 to 2037.

First coupon Nov 15, 2025.

2034-2037 Callable May 15, 2033 at par.

L.O.: Fox Rothschild LLP, Blue Bell, PA.

F.A.: FSL Public Finance, LLC, Reading, PA.


WISCONSIN

Waterford Village

Sep 11, 2025 $7,500,000

General Obligation Refunding Bonds (G) (book entry) (Taxable)

Dated Oct 1, 2025. Interest accrues Oct 1, 2025.

Due Apr 1, 2028 to 2045.

First coupon Apr 1, 2026.

2034-2045 Callable Apr 1, 2033 at par.

Purchased through negotiation by Baird, as follows:

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