CALIFORNIA

Etiwanda School District Community Facilities District No. 9

Nov 12, 2025 $4,475,000

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

Dated Dec 3, 2025.

Due Sep 1, 2026 to 2035.

First coupon Mar 1, 2026.

Non-callable.

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

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

San Francisco (City and County)

Nov 12, 2025 $18,390,000

Refunding Certificates of Participation, Series 2025-R2 (Port Facilities Project) (C) (book entry) $2,710,000.

Dated Nov 25, 2025.

Due Apr 1, 2035 to 2038.

First coupon Apr 1, 2026.

2036-2038 Callable Apr 1, 2035 at par.

Purchased through negotiation by BofA Securities, as follows:

Refunding Certificates of Participation, Series 2025-R3 (Port Facilities Project) (AMT) (C) (book entry) (AMT) $15,680,000.

Dated Nov 25, 2025.

Due Apr 1, 2026 to 2043.

First coupon Apr 1, 2026.

2036-2043 Callable Apr 1, 2035 at par.

L.O.: Norton Rose Fulbright US LLP, San Francisco, CA.

F.A.: Backstrom McCarley Berry & Co., LLC, San Francisco, CA.

Palmdale School District

Nov 12, 2025 $40,000,000

General Obligation Bonds, Election of 2022, Series 2025 (G) (book entry)

Dated Nov 19, 2025.

Due Aug 1, 2026 to 2055.

First coupon Feb 1, 2026.

2036-2055 Callable Aug 1, 2035 at par.

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

L.O.: Orrick, Herrington & Sutcliffe, Irvine, CA.

F.A.: Mission Trail Advisors, LLC, Long Beach, CA.

Beaumont Public Improvement Authority

Nov 12, 2025 $9,065,000

Local Agency Revenue Bonds, Series 2025B (R) (book entry)

Dated Dec 3, 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.: Urban Futures, Inc., Walnut Creek, CA.

COLORADO

Colorado Springs (City)

Nov 12, 2025 $72,500,000

Multifamily Housing Revenue Bonds, Series 2025 (Bradley Ridge Apartments Project) (Mandatory Tender Date: 12/01/2029) (R) (book entry)

Dated Nov 14, 2025. Interest accrues Nov 14, 2025.

Due Dec 1, 2045.

First coupon Jun 1, 2026.

2045-2045 Callable Oct 1, 2028 at par.

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

L.O.: Kutak Rock, Denver, CO.

FLORIDA

Mckendree Pointe Community Development

Nov 12, 2025 $13,000,000

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

Dated Nov 20, 2025.

Due May 1, 2027 to 2056.

First coupon May 1, 2026.

2037-2056 Callable May 1, 2036 at par.

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

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

EA McKinnon Groves Community Development District

Nov 13, 2025 $6,680,000

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

Dated Dec 4, 2025.

Due May 1, 2027 to 2056.

First coupon May 1, 2026.

2037-2056 Callable May 1, 2036 at par.

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

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

ILLINOIS

Joliet (City)

Nov 12, 2025 $109,835,000

Waterworks and Sewerage Senior Lien Revenue Bonds, Series 2025 (R) (book entry)

Dated Dec 4, 2025.

Due Jan 1, 2034 to 2050.

First coupon Jul 1, 2026.

2036-2050 Callable Jan 1, 2035 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, Bernardi Securities, Inc., as follows:

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

F.A.: Speer Financial, Inc., Chicago, IL.

Morris School District No. 54

Nov 13, 2025 $8,565,000

General Obligation School Bonds, Series 2025B (G) (bank qualified) (book entry) $1,575,000.

Dated Dec 2, 2025.

Due Dec 1, 2027 to 2028.

First coupon Dec 1, 2026.

Non-callable.

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

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

INDIANA

Brownsburg 1999 School Building Corporation

Nov 12, 2025 $55,000,000

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

Dated Dec 10, 2025.

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

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

Bartholomew Consolidated School Corporation

Nov 12, 2025 $2,500,000

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

Dated Dec 10, 2025.

Due Jul 15, 2026 to Jan 15, 2031.

First coupon Jul 15, 2026.

Non-callable.

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

L.O.: Ice Miller, Indianapolis, IN.

Dekalb County Central United School District

Nov 12, 2025 $6,060,000

General Obligation Bonds, of 2025 (Indiana State Aid Intercept Program) (L) (bank qualified) (book entry)

Dated Dec 11, 2025.

Due Jul 15, 2026 to Jan 15, 2036.

First coupon Jul 15, 2026.

Non-callable.

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

L.O.: Ice Miller, Indianapolis, IN.

MAINE

ECO Maine

Nov 12, 2025 $39,445,000

Solid Waste Resource Recovery System Revenue Bonds, Series 2025 (AMT) (Green Bonds) (R) (book entry) (AMT)

Dated Dec 10, 2025.

Due Oct 15, 2026 to 2045.

First coupon Apr 15, 2026.

2036-2045 Callable Oct 15, 2035 at par.

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

L.O.: Updike, Kelly & Spellacy, P.C., Hartford, CT.

F.A.: Moors & Cabot, Inc., Boston, MA.

MICHIGAN

New Haven Community Schools

Nov 13, 2025 $11,490,000

2025 Refunding Bonds, (General Obligation) (Michigan School Bond Qualification and Loan Program) (G) (book entry)

Dated Dec 10, 2025. Interest accrues Dec 10, 2025.

Due May 1, 2027 to 2030.

First coupon May 1, 2026.

Non-callable.

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

L.O.: Thrun Law Firm, P.C., East Lansing, MI.

F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.

MISSOURI

Eureka Fire Protection District

Nov 12, 2025 $3,245,000

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

Dated Dec 3, 2025.

Due Mar 1, 2026 to 2032.

First coupon Mar 1, 2026.

Non-callable.

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

L.O.: Thompson Coburn, St. Louis, MO.

Logan-Rogersville R-VIII School District

Nov 13, 2025 $5,300,000

General Obligation Refunding Bonds, Series 2025 (Missouri Direct Deposit Program) (G) (bank qualified) (book entry)

Dated Dec 8, 2025.

Due Mar 1, 2027 to 2037.

First coupon Sep 1, 2026.

2034-2037 Callable Mar 1, 2033 at par.

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

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

NEBRASKA

Omaha Public Power District

Nov 12, 2025 $407,310,000

Electric System Revenue Bonds, 2025 Series B (R) (book entry) $308,125,000.

Dated Dec 10, 2025.

Due Feb 1, 2029 to 2055.

First coupon Feb 1, 2026.

2036-2055 Callable Aug 1, 2035 at par.

Purchased through negotiation by BofA Securities, Goldman, Sachs & Co., D.A. Davidson & Co., Hilltop Securities Inc., J.P. Morgan Securities LLC, Piper Sandler & Co, Stifel, Nicolaus & Co., Inc., Wells Fargo Corporate & Investment Banking, as follows:

Electric System Revenue Bonds 2025 Series C (R) (book entry) $99,185,000.

Dated Dec 10, 2025.

Due Feb 1, 2027 to 2039.

First coupon Feb 1, 2026.

2036-2039 Callable Aug 1, 2035 at par.

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

F.A.: Barclays Capital, New York, NY.

Hall County Airport Authority

Nov 13, 2025 $5,420,000

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

Dated Dec 15, 2025. Interest accrues Dec 15, 2025.

Due Dec 15, 2026 to 2045.

First coupon Jun 15, 2026.

2031-2045 Callable Dec 15, 2030 at par.

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

L.O.: Gilmore & Bell, Omaha, NE.

NEW HAMPSHIRE

National Finance Authority

Nov 12, 2025 $359,841,434

Municipal Certificates, Series 2025-3 Class A 1 (Social Certificates) (R) (book entry) $307,215,000.

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

Due Feb 20, 2041.

First coupon Dec 20, 2025.

Non-callable.

Purchased through negotiation by Jefferies LLC, BofA Securities, J.P. Morgan Securities LLC, Raymond James & Associates, Inc., Wells Fargo Corporate & Investment Banking, as follows:

Municipal Certificates, Series 2025-3 Class A 2 (Social Certificates) (R) (book entry) $45,430,000.

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

Due Feb 20, 2041.

First coupon Dec 20, 2025.

Non-callable.

Municipal Certificates Series 2025-3 Class B (Subordinate) (Social Certificates) (R) (book entry) $7,196,434.

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

Due Oct 20, 2042.

First coupon Dec 20, 2025.

Non-callable.

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

OHIO

Ohio Housing Finance Agency

Nov 13, 2025 $130,000,000

Residential Mortgage Revenue Bonds, 2025 Series D (Mortgage-Backed Securities Program) (Social Bonds) (R) (book entry)

Dated Dec 10, 2025.

Due Sep 1, 2026 to Mar 1, 2056.

First coupon Mar 1, 2026.

2035-2056 Callable Sep 1, 2034 at par.

Purchased through negotiation by Raymond James & Associates, Inc., BofA Securities, J.P. Morgan Securities LLC, Fifth Third Securities, Inc., Huntington Securities, Inc., Jefferies LLC, KeyBanc Capital Markets, Morgan Stanley & Co., Inc., PNC Capital Markets, Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Dinsmore & Shohl LLP, Columbus, OH.

F.A.: RBC Capital Markets, New York, NY.

Franklin County

Nov 12, 2025 $232,975,000

Hospital Refunding and Improvement Revenue Bonds, Series 2025A (Nationwide Children's Hospital) (R) (book entry)

Dated Dec 4, 2025.

Due Nov 1, 2026 to 2055.

First coupon May 1, 2026.

2051-2055 Callable Nov 1, 2035 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, Loop Capital Markets, LLC, as follows:

L.O.: Dinsmore & Shohl LLP, Columbus, OH.

F.A.: Echo Financial Products, LLC, Wayne, PA.

Otsego Local School District

Nov 13, 2025 $6,350,000

General Obligation School Facilities Refunding Bonds, Series 2025A (Ohio School District Credit Enhancement Program) (G) (bank qualified) (book entry) $3,840,000.

Dated Dec 3, 2025. Interest accrues Dec 3, 2025.

Due Dec 1, 2029 to 2032.

First coupon Jun 1, 2026.

Non-callable.

Purchased through negotiation by Baird, as follows:

General Obligation School Facilities Refunding Bonds, Series 2025B (Ohio School District Credit Enhancement Program) (G) (bank qualified) (book entry) $2,510,000.

Dated Dec 3, 2025. Interest accrues Dec 3, 2025.

Due Dec 1, 2026 to 2028.

First coupon Jun 1, 2026.

Non-callable.

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

OREGON

Oregon Housing and Community Services Department

Nov 12, 2025 $23,737,000

Housing Development Revenue Bonds, Series 2025 O (Verde Pines Project) (Mandatory Tender Date: 02/01/2028) (R) (book entry)

Dated Nov 21, 2025. Interest accrues Nov 21, 2025.

Due Dec 1, 2059.

First coupon Aug 1, 2026.

2059-2059 Callable Aug 1, 2027 at par.

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

L.O.: Orrick, Herrington & Sutcliffe, Portland, OR.

F.A.: Caine, Mitter & Associates, New York, NY.

PENNSYLVANIA

Derry Area School District

Nov 12, 2025 $9,360,000

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

Dated Dec 10, 2025.

Due Oct 1, 2026 to 2044.

First coupon Apr 1, 2026.

2031-2044 Callable Apr 1, 2031 at par.

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

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

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

Central Valley School District

Nov 12, 2025 $9,995,000

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

Dated Dec 17, 2025.

Due Dec 1, 2027 to 2054.

First coupon Jun 1, 2026.

2031-2054 Callable Jun 1, 2031 at par.

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

L.O.: John F. Salopek, Esq., Aliquippa, PA.

UTAH

Utah Housing Corporation

Nov 13, 2025 $40,000,000

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

Dated Dec 22, 2025.

Due Jan 1, 2027 to Jul 1, 2055.

First coupon Jul 1, 2026.

2034-2055 Callable Jan 1, 2034 at par.

Purchased through negotiation by Jefferies LLC, BofA Securities, RBC Capital Markets, Fidelity Capital Markets, Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., as follows:

L.O.: Gilmore & Bell, Salt Lake City, UT.

F.A.: Caine, Mitter & Associates, New York, NY.

WASHINGTON

Washington Housing Finance Commission

Nov 12, 2025 $600,000,000

Nonprofit Housing Revenue and Refunding Revenue Bonds, Series 2025A (Horizon House Project) (Fixed Rate Bonds) (R) (book entry) $407,450,000.

Dated Dec 4, 2025. Interest accrues Dec 4, 2025.

Due Jan 1, 2027 to 2061.

First coupon Jul 1, 2026.

2037-2061 Callable Jan 1, 2036 at par.

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

Nonprofit Housing Revenue and Refunding Revenue Bonds, Series 2025B-1 (Horizon House Project) (Mandatory Paydown Securities) (TEMPS-80) (R) (book entry) $36,175,000.

Dated Dec 4, 2025. Interest accrues Dec 4, 2025.

Due Jan 1, 2035.

First coupon Jul 1, 2026.

2035-2035 Callable Jan 1, 2029 at par.

Nonprofit Housing Revenue and Refunding Revenue Bonds, Series 2025B-2 (Horizon House Project) (Mandatory Paydown Securities) (TEMPS-65) (R) (book entry) $36,150,000.

Dated Dec 4, 2025. Interest accrues Dec 4, 2025.

Due Jan 1, 2034.

First coupon Jul 1, 2026.

2034-2034 Callable Jan 1, 2029 at par.

Nonprofit Housing Revenue and Refunding Revenue Bonds, Series 2025B-3 (Horizon House Project) (Mandatory Paydown Securities) (TEMPS-50) (R) (book entry) $120,225,000.

Dated Dec 4, 2025. Interest accrues Dec 4, 2025.

Due Jan 1, 2033.

First coupon Jul 1, 2026.

2033-2033 Callable Jan 1, 2029 at par.

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

WISCONSIN

St. Croix Falls (City)

Nov 12, 2025 $4,300,000

General Obligation Promissory Notes, Series 2025A (G) (bank qualified) (book entry)

Dated Dec 3, 2025. Interest accrues Dec 3, 2025.

Due Oct 1, 2026 to 2045.

First coupon Apr 1, 2026.

2034-2045 Callable Oct 1, 2033 at par.

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

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

F.A.: Ehlers, Minneapolis, MN; and Ehlers, Waukesha, WI.

TAXABLE ISSUES

ILLINOIS

Morris School District No. 54

Nov 13, 2025 $8,565,000

General Obligation School Bonds, Series 2025A (G) (book entry) (Taxable) $6,990,000.

Dated Dec 2, 2025.

Due Dec 1, 2026 to 2027.

First coupon Dec 1, 2026.

Non-callable.

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

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

OHIO

Ohio Housing Finance Agency

Nov 13, 2025 $70,000,000

Residential Mortgage Revenue Bonds, 2025 Series E (Social Bonds) (Mortgage-Backed Securities Program) (R) (book entry) (Taxable)

Dated Dec 10, 2025.

Due Sep 1, 2026 to Mar 1, 2056.

First coupon Mar 1, 2026.

2035-2056 Callable Sep 1, 2034 at par.

Purchased through negotiation by Raymond James & Associates, Inc., BofA Securities, J.P. Morgan Securities LLC, Fifth Third Securities, Inc., Huntington Securities, Inc., Jefferies LLC, KeyBanc Capital Markets, Morgan Stanley & Co., Inc., PNC Capital Markets, Ramirez & Co., Inc., Stifel, Nicolaus & Co., Inc., Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Dinsmore & Shohl LLP, Columbus, OH.

F.A.: RBC Capital Markets, Cincinnati, OH.

UTAH

Utah Housing Corporation

Nov 13, 2025 $120,000,000

Single Family Mortgage Bonds, 2025 Series K (R) (book entry) (Taxable)

Dated Dec 22, 2025.

Due Jan 1, 2027 to Jul 1, 2055.

First coupon Jul 1, 2026.

2034-2055 Callable Jan 1, 2034 at par.

Purchased through negotiation by Jefferies LLC, BofA Securities, RBC Capital Markets, Fidelity Capital Markets, Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., as follows:

L.O.: Gilmore & Bell, Salt Lake City, UT.

F.A.: Caine, Mitter & Associates, New York, NY.