Market Data
Results of negotiated sales: 10/20/2025

ARKANSAS

North Little Rock

Oct 13, 2025 $10,000,000

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

Dated Nov 19, 2025.

Due Oct 1, 2026 to 2045.

First coupon Apr 1, 2026.

2033-2045 Callable Oct 1, 2032 at par.

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

L.O.: Wright, Lindsey & Jennings, Little Rock, AR.


ARIZONA

Maricopa County Industrial Development Authority

Oct 14, 2025 $17,855,000

Charter School Revenue Bonds, Series 2025A (Desert View Middle School Project) (R) (book entry) $15,400,000.

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

Due Jun 15, 2044 to 2065.

First coupon Dec 15, 2025.

2044-2065 Callable Dec 15, 2033 at 104.000%, declining to par Dec 15, 2033.

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

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


CALIFORNIA

Vacaville Unified School District

Oct 16, 2025 $13,565,000

2025 Refunding Certificates of Participation (C) (book entry)

Dated Oct 30, 2025.

Due Dec 1, 2025 to 2036.

First coupon Dec 1, 2025.

Non-callable.

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

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

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


Atascadero Unified School District

Oct 16, 2025 $13,695,000

2025 Refunding General Obligation Bonds (G) (book entry)

Dated Oct 30, 2025. Interest accrues Oct 30, 2025.

Due Aug 1, 2026 to 2040.

First coupon Feb 1, 2026.

2037-2040 Callable Aug 1, 2036 at par.

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

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

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


Monrovia Unified School District

Oct 16, 2025 $34,230,000

General Obligation Bonds, 2022 Election, 2025 Series B (G) (book entry) $22,000,000.

Dated Oct 27, 2025.

Due Aug 1, 2026 to 2051.

First coupon Feb 1, 2026.

2036-2051 Callable Aug 1, 2035 at par.

Purchased through negotiation by BofA Securities, as follows:


2025 General Obligation Refunding Bonds (G) (book entry) $12,230,000.

Dated Oct 27, 2025.

Due Aug 1, 2026 to 2031.

First coupon Feb 1, 2026.

Non-callable.

L.O.: Dannis Woliver Kelley, Long Beach, CA.

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


California Municipal Finance Authority

Oct 16, 2025 $26,510,000

Multifamily Housing Revenue Bonds, Series 2025A (Maison's Sierra II) (Fannie Mae) (R) (book entry)

Dated Oct 23, 2025.

Due May 1, 2029 to Nov 1, 2043.

First coupon May 1, 2026.

2036-2043 Callable Nov 1, 2035 at par.

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

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


California Municipal Finance Authority

Oct 16, 2025 $5,090,000

Multifamily Housing Revenue Bonds, Series 2025B (Maison's Sierra II) (Mandatory Tender Date: 05/01/2028) (R) (book entry)

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

Due May 1, 2029.

First coupon May 1, 2026.

2029-2029 Callable May 1, 2028 at par.

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

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


COLORADO

Colorado Health Facilities Authority

Oct 16, 2025 $451,470,000

Revenue Bonds, Series 2025A (Commonspirit Health) (R) (book entry)

Dated Oct 23, 2025.

Due Sep 1, 2029 to 2035.

First coupon Mar 1, 2026.

Non-callable.

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

L.O.: Polsinelli LLP, Los Angeles, CA.

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


Foster Farm Business Improvement District

Oct 16, 2025 $19,457,528

Limited Tax General Obligation Covertible Capital Appreciation Bonds, Series 2025A (Conversion Date: 12/01/2030) (L) (book entry)

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

Due Dec 1, 2055.

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

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

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


FLORIDA

Braddock Lakes Community Development District

Oct 16, 2025 $21,710,000

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

Dated Oct 30, 2025.

Due May 1, 2027 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.


INDIANA

Fort Wayne Community Schools

Oct 16, 2025 $27,850,000

General Obligation Bonds, Series 2025 (Indiana State Aid Intercept Program) (L) (book entry)

Dated Nov 18, 2025.

Due Jul 15, 2026 to Jan 15, 2030.

First coupon Jul 15, 2026.

Non-callable.

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

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

F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.


LOUISIANA

Capital Area Finance Authority

Oct 16, 2025 $25,000,000

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

Dated Nov 20, 2025.

Due Apr 1, 2027 to 2056.

First coupon Apr 1, 2026.

2034-2056 Callable Jan 1, 2034 at par.

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

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

F.A.: CSG Advisors Inc., Bronxville, NY.


Louisiana Local Government Environmental Facilities and Community Development Authority

Oct 16, 2025 $9,000,000

Revenue Bonds, Series 2025 (St. Bernard Parish Gomesa Project) (R) (book entry)

Dated Nov 6, 2025.

Due Nov 1, 2050.

First coupon May 1, 2026.

2050-2050 Callable Nov 1, 2035 at par.

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

L.O.: Foley & Judell, New Orleans, LA.

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


NORTH CAROLINA

North Carolina Medical Care Commission

Oct 16, 2025 $34,000,000

Retirement Facilities First Mortgage Revenue Bonds Series 2025 (Carol Woods Project) (R) (book entry)

Dated Nov 6, 2025. Interest accrues Nov 6, 2025.

Due Dec 1, 2034 to 2055.

First coupon Jun 1, 2026.

2034-2055 Callable Dec 1, 2032 at 103.000%, declining to par Dec 1, 2032.

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

L.O.: McGuireWoods LLP, Charlotte, NC.


Wilmington City Housing Authority

Oct 16, 2025 $28,000,000

Multifamily Housing Revenue Bonds, Series 2025 (Avenue Flats) (Manadatory Tender Date: 05/01/2028) (R) (book entry)

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

Due May 1, 2044.

First coupon May 1, 2026.

2044-2044 Callable Nov 1, 2027 at par.

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

L.O.: McGuireWoods LLP, Raleigh, NC.


NEBRASKA

Sarpy County Sanitary and Improvement District No. 333

Oct 15, 2025 $2,000,000

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

Dated Nov 18, 2025.

Due Nov 15, 2030 to 2045.

First coupon May 15, 2026.

2031-2045 Callable Nov 15, 2030 at par.

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

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


SOUTH CAROLINA

South Carolina Jobs-Economic Development Authority

Oct 16, 2025 $64,665,000

Residential Development Revenue Bonds, Series 2025 (Latitude at Wescott) (R) (book entry)

Dated Oct 21, 2025. Interest accrues Oct 21, 2025.

Due Nov 1, 2035.

First coupon May 1, 2026.

2035-2035 Callable Nov 1, 2032 at par.

Purchased through negotiation by KeyBanc Capital Markets, as follows:

L.O.: Cantu Harden Montoya LLP, San Antonio, TX; and Haynsworth Sinkler Boyd, P.A., Charleston, SC.

F.A.: CSG Advisors Inc., San Francisco, CA.


TENNESSEE

Jackson Health Educational and Housing Facility Board

Oct 16, 2025 $1,000,000

Collateralized Multifamily Housing Bonds, Series 2025 (The Cottages of BlueCreek Project) (Mandatory Tender Date: 04/01/2029) (R) (book entry)

Dated Oct 23, 2025.

Due Apr 1, 2030.

First coupon Apr 1, 2026.

Non-callable.

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

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


TEXAS

Plano Independent School District

Oct 16, 2025 $132,250,000

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

Dated Oct 1, 2025. Interest accrues Nov 18, 2025.

Due Feb 15, 2027 to 2034.

First coupon Feb 15, 2026.

Non-callable.

Purchased through negotiation by RBC Capital Markets, BOK Financial Securities, Mesirow Financial, Inc., as follows:

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

F.A.: Hilltop Securities Inc., Fort Worth, TX.


Pearland Independent School District

Oct 17, 2025 $146,355,000

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

Dated Nov 1, 2025. Interest accrues Nov 20, 2025.

Due Feb 15, 2027 to 2050.

First coupon Feb 15, 2026.

2036-2050 Callable Feb 15, 2035 at par.

Purchased through negotiation by Piper Sandler & Co, FHN Financial Capital Markets, Mesirow Financial, Inc., Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Winstead PC, Houston, TX; and State Attorney General.

F.A.: BOK Financial Securities, Houston, TX.


Crandall Independent School District

Oct 16, 2025 $24,320,000

Refunding Bonds, Series 2025A (Permanent School Fund Guarantee Program) (G) (book entry) $14,490,000.

Dated Oct 15, 2025. Interest accrues Nov 18, 2025.

Due Aug 15, 2026 to 2036.

First coupon Feb 15, 2026.

2036-2036 Callable Aug 15, 2035 at par.

Purchased through negotiation by BOK Financial Securities, Frost Bank, as follows:


Refunding Bonds, Series 2025B (G) (book entry) $9,830,000.

Dated Oct 15, 2025. Interest accrues Nov 18, 2025.

Due Aug 15, 2026 to 2033.

First coupon Feb 15, 2026.

Non-callable.

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

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


WASHINGTON

Washington Health Care Facilities Authority

Oct 16, 2025 $479,775,000

Revenue Bonds Series 2025A (Commonspirit Health) (R) (book entry)

Dated Oct 23, 2025.

Due Sep 1, 2026 to 2055.

First coupon Mar 1, 2026.

2036-2055 Callable Sep 1, 2035 at par.

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

L.O.: Hillis Clark Martin & Peterson P.S., Seattle, WA.

F.A.: PFM Financial Advisors LLC, Seattle, WA.


WISCONSIN

Milwaukee Metropolitan Sewerage District

Oct 16, 2025 $75,840,000

General Obligation Sewerage System Refunding Bonds, Series 2025H (G) (book entry)

Dated Nov 12, 2025.

Due Oct 1, 2026 to 2034.

First coupon Apr 1, 2026.

Non-callable.

Purchased through negotiation by BofA Securities, Blaylock Van, LLC, Academy Securities Inc., as follows:

L.O.: Foley & Lardner, Milwaukee, WI; and MWH Law Group LLP, Milwaukee, WI.

F.A.: Baird, Milwaukee, WI.


WEST VIRGINIA

Morgantown Building Commission

Oct 16, 2025 $10,895,000

Lease Revenue Bonds, Series 2025 A (Marilla Park Improvement Project) (R) (book entry)

Dated Oct 30, 2025.

Due Nov 1, 2026 to 2050.

First coupon May 1, 2026.

2033-2050 Callable Nov 1, 2032 at par.

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

L.O.: Steptoe & Johnson PLLC, Bridgeport, WV.


TAXABLE ISSUES


ARIZONA

Maricopa County Industrial Development Authority

Oct 14, 2025 $17,855,000

Charter School Refunding Revenue Bonds, Convertible Series 2025B (Desert View Middle School Project) (R) (book entry) (Taxable) $2,455,000.

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

Due Jun 15, 2030 to 2044.

First coupon Dec 15, 2025.

2034-2044 Callable Dec 15, 2033 at 104.000%, declining to par Dec 15, 2033.

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

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