Results of negotiated sales: 09/29/2025

ARIZONA

Osborn Elementary School District No. 8

Sep 25, 2025 $37,880,000

School Improvement Bonds, Project of 2023, Series B (2025) (G) (book entry)

Dated Oct 16, 2025.

Due Jul 1, 2026 to 2045.

First coupon Jan 1, 2026.

2036-2045 Callable Jul 1, 2035 at par.

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

L.O.: Gust Rosenfeld, Phoenix, AZ.

CALIFORNIA

California

Sep 25, 2025 $2,422,765,000

Various Purpose General Obligation Bonds (O) (book entry) $963,960,000.

Dated Oct 2, 2025.

Due Aug 1, 2026 to 2055.

First coupon Feb 1, 2026.

2036-2055 Callable Aug 1, 2035 at par.

Purchased through negotiation by Wells Fargo Corporate & Investment Banking, Siebert Williams Shank & Co., L.L.C, Blaylock Van, LLC, Academy Securities Inc., Alamo Capital, Backstrom McCarley Berry & Co., LLC, Bancroft Capital, LLC, Barclays Capital, Bank of New York Mellon Capital Markets, LLC, BofA Securities, Cabrera Capital Markets, LLC, Fidelity Capital Markets, Goldman, Sachs & Co., Great Pacific Securities, J.P. Morgan Securities LLC, Jefferies LLC, Loop Capital Markets, LLC, Mesirow Financial, Inc., Mischler Financial Group, Inc., Morgan Stanley & Co., Inc., Piper Sandler & Co, PNC Capital Markets, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Capital Markets, Baird, R. Seelaus & Co., Inc., Stifel, Nicolaus & Co., Inc., TD Securities, Truist Securities, Inc., as follows:

Various Purpose General Obligation Refunding Bonds (O) (book entry) $1,458,805,000.

Dated Oct 2, 2025.

Due Feb 1, 2026 to Aug 1, 2045.

First coupon Feb 1, 2026.

2045-2045 Callable Aug 1, 2035 at par.

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

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

Kerman Public Financing Authority

Sep 25, 2025 $19,405,000

2025 Lease Revenue Bonds (R) (book entry)

Dated Oct 9, 2025.

Due Oct 1, 2026 to 2055.

First coupon Apr 1, 2026.

2036-2055 Callable Oct 1, 2035 at par.

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

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

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

CONNECTICUT

Connecticut

Sep 25, 2025 $1,515,855,000

General Obligation Bonds (2025 Series C) (G) (book entry) $800,000,000.

Dated Oct 15, 2025.

Due Aug 15, 2026 to 2045.

First coupon Feb 15, 2026.

2036-2045 Callable Aug 15, 2035 at par.

Purchased through negotiation by Morgan Stanley & Co., Inc., Jefferies LLC, J.P. Morgan Securities LLC, Rice Financial Products Company, Stern Brothers & Co., Amerivet Securities, Inc., Bancroft Capital, LLC, Cabrera Capital Markets, LLC, FHN Financial Capital Markets, Goldman, Sachs & Co., Loop Capital Markets, LLC, Multi-Bank Securities Inc., Oppenheimer & Co., Inc., Ramirez & Co., Inc., Raymond James & Associates, Inc., Roberts & Ryan Investments Inc., Roosevelt & Cross, Inc., Stifel, Nicolaus & Co., Inc., TD Securities, UMB Bank, N.A.., as follows:

General Obligation Bonds, Refunding (2025 Series D) (G) (book entry) $715,855,000.

Dated Oct 15, 2025.

Due Aug 15, 2026 to 2035.

First coupon Feb 15, 2026.

Non-callable.

L.O.: Day Pitney LLP, Hartford, CT.

F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ; and Knight Ridder, New York, NY.

FLORIDA

Manatee County

Sep 25, 2025 $26,140,000

Public Utilities Revenue Refunding Bonds, Series 2025A (R) (book entry)

Dated Oct 9, 2025.

Due Oct 1, 2026 to 2035.

First coupon Apr 1, 2026.

2033-2035 Callable Apr 1, 2033 at par.

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

L.O.: Greenberg Traurig, P.A., West Palm Beach, FL.

F.A.: Public Resources Advisory Group, Tampa, FL.

Avenir Community Development District

Sep 26, 2025 $27,445,000

Special Assessment Bonds, (Parcel A-11 Project) Series 2025A (N) (book entry) $5,670,000.

Dated Oct 22, 2025.

Due May 1, 2027 to 2056.

First coupon May 1, 2026.

2037-2056 Callable May 1, 2036 at par.

Privately placed by FMSbonds, Inc., as follows:

Special Assessment Bonds, (Parcel A-11 Project) Series 2025B (N) (book entry) $17,625,000.

Dated Oct 22, 2025.

Due May 1, 2041 to 2056.

First coupon May 1, 2026.

Non-callable.

L.O.: Greenberg Traurig, P.A., West Palm Beach, FL.

Mirada II Community Development District

Sep 26, 2025 $3,310,000

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

Dated Oct 9, 2025.

Due May 1, 2026 to 2055.

First coupon May 1, 2026.

2036-2055 Callable Nov 1, 2035 at par.

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

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

GEORGIA

Braselton (Town)

Sep 25, 2025 $47,940,000

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

Dated Oct 23, 2025. Interest accrues Oct 23, 2025.

Due Jul 1, 2027 to 2055.

First coupon Jan 1, 2026.

2036-2055 Callable Jul 1, 2035 at par.

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

L.O.: Holland & Knight LLP, Atlanta, GA.

IOWA

Iowa Finance Authority

Sep 26, 2025 $55,555,000

Senior Living Facility Revenue Bonds, Series 2025 (Presbyterian Homes Mill Pond Project) (R) (book entry)

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

Due Oct 1, 2028 to 2065.

First coupon Apr 1, 2026.

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

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

L.O.: Dorsey & Whitney, Des Moines, IA.

ILLINOIS

Dunlap Community Unit School District No. 323

Sep 25, 2025 $44,000,000

Debt Certificates, Series 2025 (G) (book entry)

Dated Oct 9, 2025.

Due Apr 1, 2027 to 2031.

First coupon Apr 1, 2026.

Callable any time at par.

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

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

INDIANA

Tri-Creek 2002 High School Building Corporation

Sep 25, 2025 $37,215,000

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

Dated Oct 21, 2025.

Due Jan 15, 2026 to 2035.

First coupon Jan 15, 2026.

Non-callable.

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

L.O.: TWPeterson Law Office LLP, Indianapolis, IN.

Hamilton Southeastern Consolidated School Building Corporation

Sep 25, 2025 $12,895,000

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

Dated Oct 23, 2025.

Due Jul 15, 2026 to Jan 15, 2045.

First coupon Jul 15, 2026.

2036-2045 Callable Jul 15, 2035 at par.

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

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

MICHIGAN

Michigan Housing Development Authority

Sep 25, 2025 $396,645,000

Single-Family Mortgage Revenue Bonds, 2025 Series C (Social Bonds) (R) (book entry)

Dated Oct 2, 2025.

Due Dec 1, 2026 to Jun 1, 2056.

First coupon Dec 1, 2025.

2034-2056 Callable Dec 1, 2033 at par.

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

L.O.: Dickinson Wright PLLC, Grand Rapids, MI; and Miller, Canfield, Paddock & Stone, P.L.C., Lansing, MI.

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

Diehl Consolidated Drainage District

Sep 23, 2025 $600,000

Drainage District Drain Note, DN25-9 (L) (bank qualified) (book entry)

Dated Oct 1, 2025.

Due Apr 1, 2027.

First coupon Apr 1, 2027.

2027-2027 Callable Apr 1, 2026 at par.

Privately placed by Baird, as follows:

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

MINNESOTA

East Gull Lake Economic Development Authority

Sep 25, 2025 $2,655,000

City Hall Lease Revenue Bonds, Series 2025A (R) (bank qualified) (book entry)

Dated Oct 8, 2025. Interest accrues Oct 8, 2025.

Due Feb 1, 2028 to 2055.

First coupon Aug 1, 2026.

2034-2055 Callable Feb 1, 2033 at par.

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

L.O.: Fryberger, Buchanan, Smith & Frederick, Duluth, MN.

F.A.: David Drown Associates, Minneapolis, MN.

NORTH CAROLINA

Chatham County

Sep 25, 2025 $25,335,000

Limited Obligation Refunding Bonds, Series 2025 (R) (book entry)

Dated Oct 9, 2025.

Due Nov 1, 2026 to 2035.

First coupon May 1, 2026.

Non-callable.

Purchased through negotiation by BofA Securities, as follows:

L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Raleigh, NC.

F.A.: DEC Associates, Charlotte, NC.

NEBRASKA

York Public School District No. 12

Sep 26, 2025 $9,980,000

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

Dated Oct 22, 2025. Interest accrues Oct 22, 2025.

Due Dec 15, 2031 to 2050.

First coupon Jun 15, 2026.

2031-2050 Callable Oct 22, 2030 at par.

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

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

OHIO

Portsmouth City School District

Sep 23, 2025 $4,537,000

Base Lease and Lease-Purchase Agreement, Series 2025 (A) (book entry)

Dated Oct 16, 2025.

Due Dec 1, 2040.

First coupon Jun 1, 2026.

2040-2040 Callable Dec 1, 2031 at par.

Privately placed by Baird, as follows:

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

RHODE ISLAND

Rhode Island Health and Educational Building Corporation

Sep 25, 2025 $47,990,000

Revenue Bonds, Series 2025 F (Public Schools Revenue Bond Financing Program) (City of East Providence Issue) (R) (book entry)

Dated Oct 8, 2025.

Due May 15, 2028 to 2050.

First coupon May 15, 2026.

2036-2050 Callable May 15, 2035 at par.

Purchased through negotiation by Oppenheimer & Co., Inc., Stern Brothers & Co., Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Hinckley, Allen & Snyder, Providence, RI.

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

SOUTH CAROLINA

South Carolina Housing Finance and Development Authority

Sep 26, 2025 $14,500,000

Multifamily Housing Revenue Bonds, Series 2025 (Pinehaven Villas) (R) (book entry)

Dated Oct 7, 2025.

Due Apr 1, 2029.

First coupon Apr 1, 2026.

2029-2029 Callable Nov 1, 2026 at par.

Purchased through negotiation by Colliers Securities LLC, as follows:

TENNESSEE

Knoxville Industrial Development Board

Sep 25, 2025 $45,360,000

Revenue Bonds (Maplehurst Park Apartments Project) Series 2025 (R) (book entry)

Dated Oct 8, 2025.

Due Nov 1, 2030.

First coupon May 1, 2026.

2030-2030 Callable Nov 1, 2027 at par.

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

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

Industrial Development Board of McMinnville-Warren County

Sep 25, 2025 $15,000,000

Collateralized Multifamily Housing Bonds, Series 2025

(Beersheba Heights Tower Project) (Mandatory Tender Date: 09/01/2027) (R) (book entry)

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

Due Sep 1, 2029.

First coupon Mar 1, 2026.

Non-callable.

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

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

TEXAS

Texas

Sep 25, 2025 $379,170,000

General Obligation Bonds, Water Financial Assistance Bonds Series 2025E (State Water Plan) (G) (book entry)

Dated Oct 10, 2025.

Due Aug 1, 2026 to Feb 1, 2056.

First coupon Aug 1, 2026.

2036-2056 Callable Aug 1, 2035 at par.

Purchased through negotiation by BofA Securities, Jefferies LLC, BOK Financial Securities, J.P. Morgan Securities LLC, Loop Capital Markets, LLC, Mesirow Financial, Inc., Morgan Stanley & Co., Inc., Piper Sandler & Co, PNC Capital Markets, Ramirez & Co., Inc., Raymond James & Associates, Inc., Baird, Stifel, Nicolaus & Co., Inc., Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Orrick, Herrington & Sutcliffe, Austin, TX; and State Attorney General.

F.A.: Hilltop Securities Inc., Austin, TX; Hilltop Securities Inc., Dallas, TX; and Hilltop Securities Inc., San Francisco, CA.

Graford Independent School District

Sep 26, 2025 $19,370,000

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

Dated Oct 15, 2025. Interest accrues Oct 23, 2025.

Due Feb 15, 2028 to 2055.

First coupon Feb 15, 2026.

2035-2055 Callable Feb 15, 2034 at par.

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

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

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

WASHINGTON

Washington Housing Finance Commission

Sep 25, 2025 $77,115,000

Nonprofit Housing Revenue and Refunding Revenue Bonds, Series 2025A (Josephine Caring Community Project) (Fixed Rate Bonds) (R) (book entry) $50,555,000.

Dated Oct 8, 2025. Interest accrues Oct 8, 2025.

Due Jul 1, 2026 to 2060.

First coupon Jan 1, 2026.

2033-2060 Callable Jul 1, 2032 at 103.000%, declining to par Jul 1, 2032.

Purchased through negotiation by Ziegler Capital Markets Group, as follows:

Nonprofit Housing Revenue and Refunding Revenue Bonds, (TEMPS-75) Series 2025B-1 (Josephine Caring Community Project) (R) (book entry) $9,800,000.

Dated Oct 8, 2025. Interest accrues Oct 8, 2025.

Due Jul 1, 2031.

First coupon Jan 1, 2026.

2031-2031 Callable Jan 1, 2027 at par.

Nonprofit Housing Revenue and Refunding Revenue Bonds, (TEMPS-50) Series 2025B-2 (Josephine Caring Community Project) (R) (book entry) $15,155,000.

Dated Oct 8, 2025. Interest accrues Oct 8, 2025.

Due Jul 1, 2030.

First coupon Jan 1, 2026.

2030-2030 Callable Jan 1, 2027 at par.

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

WISCONSIN

Public Finance Authority

Sep 25, 2025 $31,475,000

Educational Facility Revenue Bonds, Series 2025A (Explore Academy Rio Rancho Project) (R) (book entry) $29,690,000.

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

Due Jul 1, 2033 to 2055.

First coupon Jan 1, 2026.

2033-2055 Callable Jul 1, 2032 at 102.000%, declining to par Jul 1, 2032.

Purchased through negotiation by HJ Sims & Co., as follows:

L.O.: Kutak Rock, Los Angeles, CA.

F.A.: Campanile Group, Inc., Laguna Beach, CA.

Racine Unified School District

Sep 25, 2025 $53,565,000

Note Anticipation Notes, Series 2025B (R) (book entry)

Dated Oct 16, 2025. Interest accrues Oct 16, 2025.

Due Apr 1, 2030.

First coupon Apr 1, 2026.

2030-2030 Callable Apr 1, 2028 at par.

Purchased through negotiation by Baird, Siebert Williams Shank & Co., L.L.C, as follows:

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

F.A.: PMA Securities, Inc., Milwaukee, WI.

TAXABLE ISSUES

FLORIDA

Avenir Community Development District

Sep 26, 2025 $27,445,000

Special Assessment Bonds, (Parcel A-11 Project) Series 2025B (N) (book entry) (Taxable) $4,150,000.

Dated Oct 22, 2025.

Due May 1, 2030 to 2040.

First coupon May 1, 2026.

Non-callable.

Privately placed by FMSbonds, Inc., as follows:

L.O.: Greenberg Traurig, P.A., West Palm Beach, FL.

MICHIGAN

Michigan Housing Development Authority

Sep 25, 2025 $150,855,000

Single-Family Mortgage Revenue Bonds, 2025 Series D (Social Bonds) (R) (book entry) (Taxable)

Dated Oct 2, 2025.

Due Dec 1, 2026 to Jun 1, 2056.

First coupon Dec 1, 2025.

2034-2056 Callable Dec 1, 2033 at par.

L.O.: Dickinson Wright PLLC, Grand Rapids, MI; and Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.

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

TEXAS

North Texas Higher Education Authority, Inc.

Sep 23, 2025 $256,350,000

Weekly Adjustable Rate Student Loan-Backed Notes, Series 2025-2 (Letter of Credit Issued by: Bank of America, N.A.) (R) (book entry) (Taxable)

Dated Sep 24, 2025.

Due Jul 1, 2055.

First coupon Nov 3, 2025.

Callable any time at par.

Purchased through negotiation by BofA Securities, as follows:

L.O.: Norton Rose Fulbright US LLP, Houston, TX.

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

Texas

Sep 25, 2025 $274,580,000

General Obligation Bonds, Water Financial Assistance Bonds, Series 2025F (State Water Plan) (G) (book entry) (Taxable)

Dated Oct 10, 2025.

Due Aug 1, 2026 to Feb 1, 2056.

First coupon Aug 1, 2026.

2035-2056 Callable Feb 1, 2035 at par.

L.O.: Orrick, Herrington & Sutcliffe, Austin, TX; and State Attorney General.

F.A.: Hilltop Securities Inc., Austin, TX; Hilltop Securities Inc., Dallas, TX; and Hilltop Securities Inc., San Antonio, TX.

WASHINGTON

Washington Housing Finance Commission

Sep 25, 2025 $77,115,000

Nonprofit Housing Revenue and Refunding Revenue Bonds, (TMPS) Series 2025C (Josephine Caring Community Project) (R) (book entry) (Taxable) $1,605,000.

Dated Oct 8, 2025. Interest accrues Oct 8, 2025.

Due Jul 1, 2029.

First coupon Jan 1, 2026.

2029-2029 Callable Jan 1, 2027 at par.

Purchased through negotiation by Ziegler Capital Markets Group, as follows:

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

WISCONSIN

Public Finance Authority

Sep 25, 2025 $31,475,000

Educational Facility Revenue Bonds, Series 2025B (Explore Academy Rio Rancho Project) (R) (book entry) (Taxable) $1,785,000.

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

Due Jul 1, 2029 to 2033.

First coupon Jan 1, 2026.

Non-callable.

Purchased through negotiation by HJ Sims & Co., as follows:

L.O.: Kutak Rock, Los Angeles, CA.

F.A.: Campanile Group, Inc., Laguna Beach, CA.