Results of negotiated sales: 11/19/2025

FLORIDA

South Creek Community Development District

Nov 17, 2025 $1,762,000

Special Assessmen Bonds, Series 2025 (Assessment Area Three) (N) (book entry)

Dated Nov 21, 2025.

Due May 1, 2026 to 2055.

First coupon May 1, 2026.

2037-2055 Callable May 1, 2036 at par.

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

L.O.: GrayRobinson, P.A., Tampa, FL.

GEORGIA

Atlanta Urban Residential Finance Authority

Nov 17, 2025 $30,975,000

Multifamily Housing Revenue Bonds, Series 2025 (City Lights South) (Mandatory Tender Date: 12/01/2028) (R) (book entry)

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

Due Dec 1, 2029.

First coupon Jun 1, 2026.

2029-2029 Callable Jun 1, 2028 at par.

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

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

ILLINOIS

Illinois Housing Development Authority

Nov 5, 2025 $15,610,000

Multifamily Revenue Bonds, 2025 Series C (R) (book entry)

Dated Nov 10, 2025. Interest accrues Nov 10, 2025.

Due Jan 1, 2027 to 2066.

First coupon Jan 1, 2026.

2066-2066 Callable Nov 1, 2035 at par.

Purchased through negotiation by Bank of New York Mellon Capital Markets, LLC, as follows:

L.O.: Hawkins, Delafield & Wood, New York, NY.

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

Herrin Community Unit School District No.4

Nov 17, 2025 $17,185,000

General Obligation Refunding School Bonds, Series 2025 (Alternate Revenue Source) (L) (book entry)

Dated Dec 1, 2025. Interest accrues Dec 1, 2025.

Due Dec 1, 2027 to 2044.

First coupon Jun 1, 2026.

2035-2044 Callable Dec 1, 2034 at par.

Purchased through negotiation by Baird, as follows:

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

F.A.: PMA Securities, Inc, Naperville, IL.

INDIANA

Prairie Heights Multi-School Building Corporation

Nov 17, 2025 $12,105,000

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

Dated Dec 11, 2025.

Due Jul 15, 2027 to Jan 15, 2035.

First coupon Jul 15, 2026.

Non-callable.

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

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

Salem Middle School Building Corporation

Nov 17, 2025 $6,620,000

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

Dated Dec 16, 2025.

Due Jul 15, 2028 to Jan 15, 2041.

First coupon Jul 15, 2026.

2034-2041 Callable Jul 15, 2033 at par.

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

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

Norwell Community Schools

Nov 17, 2025 $1,655,000

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

Dated Dec 15, 2025.

Due Jul 15, 2026 to Jan 15, 2028.

First coupon Jul 15, 2026.

Non-callable.

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

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

Township of Patoka

Nov 7, 2025 $2,755,000

General Obligations Bonds, Series 2025 (O) (book entry)

Dated Nov 18, 2025.

Due Aug 1, 2040.

First coupon Aug 1, 2026.

2040-2040 Callable Feb 1, 2033 at par.

Privately placed by Stifel, Nicolaus & Co., Inc., as follows:

MASSACHUSETTS

Massachusetts Housing Finance Agency

Nov 18, 2025 $25,000,000

Housing Bonds, 2025 Series D (R) (book entry)

Dated Dec 10, 2025.

Due Jun 1, 2026 to 2043.

First coupon Jun 1, 2026.

2034-2043 Callable Jun 1, 2034 at par.

Purchased through negotiation by Barclays Capital, as follows:

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

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

Massachusetts Housing Finance Agency

Nov 18, 2025 $262,935,000

Housing Bonds, 2025 Series C-1 (Sustainability Bonds) (R) (book entry) $88,750,000.

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

Due Dec 1, 2043 to 2068.

First coupon Jun 1, 2026.

2043-2068 Callable Jun 1, 2034 at par.

Purchased through negotiation by Hilltop Securities Inc., Siebert Williams Shank & Co., L.L.C, BofA Securities, RBC Capital Markets, Jefferies LLC, Blaylock Van, LLC, Raymond James & Associates, Inc., Loop Capital Markets, LLC, Morgan Stanley & Co., Inc., Academy Securities Inc., American Veterans Group, Amerivet Securities, Inc., Bancroft Capital, LLC, Barclays Capital, Drexel Hamilton, LLC., Fidelity Capital Markets, J.P. Morgan Securities LLC, Mischler Financial Group, Inc., Ramirez & Co., Inc., Rice Financial Products Company, Stifel, Nicolaus & Co., Inc., TD Financial Products LLC, Wells Fargo Corporate & Investment Banking, as follows:

Housing Bonds, 2025 Series C-3 (Sustainability Bonds) (R) (book entry) $174,185,000.

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

Due Dec 1, 2029 to Jun 1, 2030.

First coupon Jun 1, 2026.

2029-2029 Callable Jun 1, 2028 at par, 2030-2030 Callable Dec 1, 2028 at par.

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

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

Massachusetts Housing Finance Agency

Nov 18, 2025 $262,935,000

Housing Bonds, 2025 Series C-3 (Sustainability Bonds) (R) (book entry) $174,185,000.

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

Due Dec 1, 2029 to Jun 1, 2030.

First coupon Jun 1, 2026.

2029-2029 Callable Jun 1, 2028 at par, 2030-2030 Callable Dec 1, 2028 at par.

Housing Bonds, 2025 Series C 2 (Sustainability Bonds) (R) (book entry) $20,095,000.

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

Due Jun 1, 2028 to Dec 1, 2068.

First coupon Jun 1, 2026.

2043-2068 Callable Jun 1, 2034 at par.

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

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

NORTH CAROLINA

North Carolina Housing Finance Agency

Nov 17, 2025 $99,000,000

Home Ownership Variable Rate Revenue Bonds, Series 59 B (Letter of Credit issued by: Royal Bank of Canada) (R) (book entry)

Dated Nov 18, 2025.

Due Jan 1, 2047 to 2057.

First coupon Jul 1, 2026.

Callable any time at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Womble Bond Dickinson LLP, Raleigh, NC.

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

NEW JERSEY

New Jersey Housing and Mortgage Finance Agency

Nov 17, 2025 $26,600,000

Multifamily Conduit Revenue Bonds, Series 2025 (701 Newark Avenue Project) (Mandatory Tender Date:12/01/2028) (R) (book entry)

Dated Nov 24, 2025. Interest accrues Nov 24, 2025.

Due Dec 1, 2043.

First coupon Jun 1, 2026.

2043-2043 Callable Dec 1, 2027 at par.

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

L.O.: Archer & Greiner P.C., Voorhees, NJ.

OHIO

Cleveland (City)

Nov 18, 2025 $36,045,000

Various Purpose General Obligation Bond Anticipation Notes, Series 2025 (G) (book entry)

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

Due Dec 9, 2026.

First coupon Dec 9, 2026.

Non-callable.

Purchased through negotiation by KeyBanc Capital Markets, as follows:

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

F.A.: Government Capital Management LLC, Tuxedo Pk, NY; and Phoenix Capital Partners, LLP, Philadelphia, PA.

PENNSYLVANIA

Upper Merion Township

Nov 17, 2025 $9,360,000

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

Dated Dec 22, 2025.

Due Dec 1, 2027 to 2045.

First coupon Jun 1, 2026.

2031-2045 Callable Dec 1, 2030 at par.

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

L.O.: Obermayer, Rebmann, Maxwell & Hippel, LLP, Philadelphia, PA.

RHODE ISLAND

Rhode Island Housing and Mortgage Finance Corporation

Nov 18, 2025 $95,780,000

Homeownership Opportunity Bonds, Series 87 A (Social Bonds) (R) (book entry)

Dated Dec 16, 2025.

Due Apr 1, 2037 to Oct 1, 2055.

First coupon Apr 1, 2026.

2037-2055 Callable Oct 1, 2033 at par.

Purchased through negotiation by Morgan Stanley & Co., Inc., BofA Securities, J.P. Morgan Securities LLC, RBC Capital Markets, FHN Financial Capital Markets, Fidelity Capital Markets, Janney Montgomery Scott LLC, Ramirez & Co., Inc., Raymond James & Associates, Inc., as follows:

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

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

TEXAS

Waller (City)

Nov 18, 2025 $14,360,000

Certificates of Obligations, Series 2025 (L) (book entry)

Dated Dec 18, 2025. Interest accrues Dec 18, 2025.

Due Aug 1, 2027 to 2055.

First coupon Aug 1, 2026.

2035-2055 Callable Aug 1, 2034 at par.

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

L.O.: Bracewell LLP, Houston, TX; and State Attorney General.

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

Deer Park Independent School District

Nov 17, 2025 $14,195,000

Limited Tax Refunding Bonds, Series 2025A (L) (book entry)

Dated Nov 4, 2025. Interest accrues Dec 17, 2025.

Due Feb 15, 2027 to 2029.

First coupon Feb 15, 2026.

Non-callable.

Purchased through negotiation by FHN Financial Capital Markets, Estrada Hinojosa & Company, Inc., as follows:

L.O.: Hunton Andrews Kurth LLP, Houston, TX; and State Attorney General.

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

Anna (City)

Nov 17, 2025 $7,639,000

Special Assessment Revenue Bonds, Series 2025 (Crystal Park Public Improvement District No. 2 Improvement Area No. 1 Project) (N) (book entry)

Dated Dec 18, 2025.

Due Sep 15, 2027 to 2055.

First coupon Sep 15, 2026.

2036-2055 Callable Sep 15, 2035 at par.

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

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

F.A.: Hilltop Securities Inc., Dallas, TX.

Mesquite (City)

Nov 17, 2025 $13,581,000

Special Assessment Revenue Bonds, Series 2025 (Solterra Public Improvement District Improvement Area C-4 Projects) (N) (book entry)

Dated Dec 17, 2025.

Due Sep 1, 2026 to 2055.

First coupon Mar 1, 2026.

2034-2055 Callable Sep 1, 2033 at par.

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

L.O.: Bracewell LLP, Dallas, TX; and State Attorney General.

F.A.: Hilltop Securities Inc., Dallas, TX.

Travis County Healthcare District

Nov 17, 2025 $248,855,000

Certificates of Obligation, Series 2025 (Limited Tax) (L) (book entry)

Dated Dec 1, 2025. Interest accrues Dec 16, 2025.

Due Mar 1, 2027 to 2055.

First coupon Mar 1, 2026.

2036-2055 Callable Mar 1, 2035 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, Siebert Williams Shank & Co., L.L.C, Piper Sandler & Co, Ramirez & Co., Inc., as follows:

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

F.A.: PFM Financial Advisors LLC, Austin, TX.

Crandall (City)

Nov 17, 2025 $14,866,000

Special Assessment Revenue Bonds, Series 2025 (Arbors Public Improvement District Improvement Area No 1 Project) (N) (book entry)

Dated Dec 1, 2025. Interest accrues Dec 18, 2025.

Due Sep 15, 2026 to 2055.

First coupon Sep 15, 2026.

2034-2055 Callable Sep 15, 2033 at par.

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

L.O.: Kelly Hart & Hallman, Fort Worth, TX; and State Attorney General.

F.A.: Hilltop Securities Inc., Dallas, TX.

Anna (City)

Nov 17, 2025 $24,566,000

Special Assessment Revenue Bonds, Series 2025 (The Woods at Lindsey Place Public Improvement District Improvement Areas No 2, 3 Projects) (N) (book entry)

Dated Dec 18, 2025.

Due Sep 15, 2026 to 2055.

First coupon Sep 15, 2026.

2034-2055 Callable Sep 15, 2033 at par.

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

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

F.A.: Hilltop Securities Inc., Dallas, TX.

Mesquite (City)

Nov 17, 2025 $31,098,000

Special Assessment Revenue Bonds, Series 2025 (Solterra Public Improvement District Improvement Area A 2, A 4 Projects) (N) (book entry)

Dated Dec 17, 2025.

Due Sep 1, 2026 to 2055.

First coupon Mar 1, 2026.

2036-2055 Callable Sep 1, 2035 at par.

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

L.O.: Bracewell LLP, Dallas, TX.

F.A.: Hilltop Securities Inc., Dallas, TX.

WISCONSIN

Monona (City)

Nov 17, 2025 $4,300,000

Water System and Sewer System Revenue Bonds, Series 2025D (R) (bank qualified) (book entry)

Dated Dec 1, 2025. Interest accrues Dec 1, 2025.

Due Aug 1, 2028 to 2039.

First coupon Aug 1, 2026.

2035-2039 Callable Aug 1, 2034 at par.

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

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

Monona (City)

Nov 17, 2025 $5,195,000

General Obligation Refunding Bonds, Series 2025B (G) (bank qualified) (book entry) $3,640,000.

Dated Dec 1, 2025. Interest accrues Dec 1, 2025.

Due Dec 1, 2026 to 2043.

First coupon Dec 1, 2026.

2035-2043 Callable Dec 1, 2034 at par.

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

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

TAXABLE ISSUES

RHODE ISLAND

Rhode Island Housing and Mortgage Finance Corporation

Nov 18, 2025 $20,705,000

Homeownership Opportunity Bonds, Series 87-T (R) (book entry) (Taxable)

Dated Dec 16, 2025.

Due Oct 1, 2026 to Apr 1, 2037.

First coupon Apr 1, 2026.

2034-2037 Callable Oct 1, 2033 at par.

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

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

WISCONSIN

Monona (City)

Nov 17, 2025 $5,195,000

General Obligation Refunding Bonds, Series 2025C (G) (book entry) (Taxable) $1,555,000.

Dated Dec 1, 2025. Interest accrues Dec 1, 2025.

Due Dec 1, 2030 to 2033.

First coupon Dec 1, 2026.

2032-2033 Callable Dec 1, 2031 at par.

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

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