ALABAMA

Southeast Energy Authority, a Cooperative District

Nov 18, 2025 $601,000,000

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

Dated Dec 1, 2025.

Due May 1, 2027 to Nov 1, 2035.

First coupon May 1, 2026.

2035-2035 Callable Aug 1, 2035 at 100.216% plus accrued interest.

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

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

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

AMERICAN SAMOA

American Samoa Economic Development Authority

Nov 18, 2025 $59,165,000

General Revenue Refunding Bonds, Series 2025A (R) (book entry) $44,165,000.

Dated Dec 2, 2025.

Due Sep 1, 2026 to 2035.

First coupon Mar 1, 2026.

Non-callable.

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

General Revenue Bonds, Series 2025B (R) (book entry) $15,000,000.

Dated Dec 2, 2025.

Due Sep 1, 2039 to 2045.

First coupon Mar 1, 2026.

2039-2045 Callable Sep 1, 2035 at par.

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

F.A.: EFG-Consulting, Tooele, UT.

ARIZONA

Phoenix Civic Improvement Corporation

Nov 18, 2025 $179,185,000

Transportation Excise Tax Revenue Bonds, Series 2025 (R) (book entry)

Dated Dec 10, 2025.

Due Jul 1, 2026 to 2037.

First coupon Jul 1, 2026.

2036-2037 Callable Jul 1, 2035 at par.

Purchased through negotiation by BofA Securities, Jefferies LLC, Ramirez & Co., Inc., Estrada Hinojosa & Company, Inc., TD Financial Products LLC, Rice Financial Products Company, as follows:

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

F.A.: PFM Financial Advisors LLC, San Francisco, CA.

CALIFORNIA

Inglewood Joint Powers Authority

Nov 18, 2025 $56,360,000

Lease Revenue Bonds, Series 2025 (Inglewood Main Library Renovation and Seismic Retrofit Project) (R) (book entry)

Dated Dec 16, 2025.

Due Aug 1, 2036 to 2055.

First coupon Feb 1, 2026.

2036-2055 Callable Aug 1, 2035 at par.

Purchased through negotiation by Cabrera Capital Markets, LLC, Backstrom McCarley Berry & Co., LLC, Ramirez & Co., Inc., as follows:

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

F.A.: Urban Futures, Inc., Walnut Creek, CA.

Roseville (City)

Nov 19, 2025 $15,340,000

Special Tax Bonds, Series 2025 (Creekview Phase 5 Community Facilities District No. 1) (R) (book entry)

Dated Dec 3, 2025.

Due Sep 1, 2027 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 Piper Sandler & Co, as follows:

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

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

King City Union School District

Nov 18, 2025 $15,000,000

General Obligation Bonds, 2020 Election (Measure A), 2025 Series C (G) (book entry) $7,500,000.

Dated Dec 9, 2025.

Due Aug 1, 2027 to 2051.

First coupon Feb 1, 2026.

2036-2051 Callable Aug 1, 2035 at par.

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

General Obligation Bonds, 2020 Election (Measure B), 2025 Series C (G) (book entry) $7,500,000.

Dated Dec 9, 2025.

Due Aug 1, 2027 to 2051.

First coupon Feb 1, 2026.

2036-2051 Callable Aug 1, 2035 at par.

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

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

Pacific Grove Unified School District

Nov 18, 2025 $11,010,000

General Obligation Bonds, Election of 2020, Series D (G) (book entry) $8,760,000.

Dated Dec 9, 2025. Interest accrues Dec 9, 2025.

Due Aug 1, 2030 to 2051.

First coupon Feb 1, 2026.

2036-2051 Callable Aug 1, 2035 at par.

Purchased through negotiation by Baird, as follows:

General Obligation Bonds, Election of 2014, Series E (Ed-Tech Bonds) (G) (book entry) $2,250,000.

Dated Dec 9, 2025. Interest accrues Dec 9, 2025.

Due Aug 1, 2027 to 2030.

First coupon Feb 1, 2026.

Non-callable.

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

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

COLORADO

Denver City and County SD No. 1 (Denver Public Schools)

Nov 18, 2025 $80,670,000

General Obligation Refunding Bonds, Series 2025D (Colorado State Intercept Program) (G) (book entry)

Dated Dec 2, 2025.

Due Dec 1, 2026 to 2028.

First coupon Jun 1, 2026.

Non-callable.

Purchased through negotiation by RBC Capital Markets, Stifel, Nicolaus & Co., Inc., BofA Securities, as follows:

L.O.: Butler Snow, LLP, Denver, CO.

F.A.: Fiscal Strategies Group, Inc., Boulder, CO; and Public Resources Advisory Group, Los Angeles, CA.

Brickyard Metropolitan District No. 1

Nov 18, 2025 $53,030,000

General Obligation Limited Tax and Special Revenue Bonds, Series 2025 (L) (book entry)

Dated Nov 25, 2025.

Due Dec 1, 2031 to 2057.

First coupon Jun 1, 2026.

2031-2057 Callable Dec 1, 2030 at 103.000%, declining to par Dec 1, 2030.

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

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

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

Grand Junction (City)

Nov 18, 2025 $12,810,000

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

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

Due Dec 1, 2027 to 2045.

First coupon Jun 1, 2026.

2045-2045 Callable Dec 1, 2028 at par, 2036-2043 Callable Dec 1, 2035 at par.

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

L.O.: Butler Snow, LLP, Denver, CO.

Grand Junction (City)

Nov 18, 2025 $12,810,000

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

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

Due Dec 1, 2027 to 2045.

First coupon Jun 1, 2026.

2045-2045 Callable Dec 1, 2028 at par, 2036-2043 Callable Dec 1, 2035 at par.

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

L.O.: Butler Snow, LLP, Denver, CO.

Grand Junction (City)

Nov 18, 2025 $18,940,000

General Fund Revenue Bonds, Series 2025 (R) (book entry)

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

Due Mar 1, 2027 to 2050.

First coupon Mar 1, 2026.

2050-2050 Callable Mar 1, 2030 at par, 2036-2045 Callable Mar 1, 2035 at par.

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

L.O.: Butler Snow, LLP, Denver, CO.

Grand Junction (City)

Nov 18, 2025 $18,940,000

General Fund Revenue Bonds, Series 2025 (R) (book entry)

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

Due Mar 1, 2027 to 2050.

First coupon Mar 1, 2026.

2050-2050 Callable Mar 1, 2030 at par, 2036-2045 Callable Mar 1, 2035 at par.

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

L.O.: Butler Snow, LLP, Denver, CO.

Colorado

Nov 19, 2025 $113,540,000

Certificates of Participation, Series 2025T (Building Excellent Schools Today) (C) (book entry)

Dated Dec 9, 2025.

Due Mar 15, 2026 to 2046.

First coupon Mar 15, 2026.

2036-2046 Callable Mar 15, 2035 at par.

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

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

F.A.: Hilltop Securities Inc., Denver, CO.

Hawkview Metropolitan District

Nov 19, 2025 $8,416,000

Limited Tax General Obligation Bonds, Series 2025A (L) (book entry) $7,080,000.

Dated Nov 25, 2025. Interest accrues Nov 25, 2025.

Due Dec 1, 2031 to 2055.

First coupon Jun 1, 2026.

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

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

Limited Tax General Obligation Subordinated Bonds, Series 2025B (L) (book entry) $1,336,000.

Dated Nov 25, 2025. Interest accrues Nov 25, 2025.

Due Dec 15, 2055.

First coupon Dec 15, 2026.

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

L.O.: Kline Alvarado Veio, P.C., Denver, CO.

FLORIDA

New Port Corners Community Development District

Nov 19, 2025 $15,125,000

Special Assessment Bonds, Series 2025 (N) (book entry)

Dated Nov 25, 2025.

Due Jun 15, 2026 to 2055.

First coupon Jun 15, 2026.

2036-2055 Callable Dec 15, 2035 at par.

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

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

GEORGIA

Springfield (City)

Nov 18, 2025 $41,495,000

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

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

Due Sep 1, 2028 to 2055.

First coupon Mar 1, 2026.

2036-2055 Callable Sep 1, 2035 at par.

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

L.O.: Gray Pannell & Woodward LLP, Savannah, GA.

F.A.: Davenport & Company LLC, Atlanta, GA.

Forsyth County School District

Nov 18, 2025 $49,650,000

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

Dated Dec 18, 2025.

Due Feb 1, 2027 to 2033.

First coupon Aug 1, 2026.

Non-callable.

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

L.O.: Butler Snow, LLP, Atlanta, GA.

Forsyth County Public Facilities Authority

Nov 18, 2025 $10,030,000

Refunding Revenue Bonds, Series 2025 (Forsyth County School District Project) (R) (book entry)

Dated Dec 18, 2025.

Due Feb 1, 2027 to 2031.

First coupon Aug 1, 2026.

Non-callable.

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

L.O.: Butler Snow, LLP, Atlanta, GA.

ILLINOIS

Chicago Park District

Nov 18, 2025 $111,825,000

General Obligation Limited Tax Park Bonds, Series 2025A (L) (book entry) $55,000,000.

Dated Dec 2, 2025.

Due Jan 1, 2037 to 2049.

First coupon Jul 1, 2026.

2037-2049 Callable Jan 1, 2035 at par.

Purchased through negotiation by Loop Capital Markets, LLC, Academy Securities Inc., Hilltop Securities Inc., Stern Brothers & Co., as follows:

General Obligation Limited Tax Refunding Bond Series 2025B (L) (book entry) $56,825,000.

Dated Dec 2, 2025.

Due Jan 1, 2027 to 2039.

First coupon Jul 1, 2026.

2036-2039 Callable Jan 1, 2035 at par.

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

F.A.: RSI Group LLC, Chicago, IL.

Elmhurst Community Unit School District No. 205

Nov 18, 2025 $21,535,000

General Obligation School Bonds, Series 2025A (G) (book entry) $13,615,000.

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

Due Jan 1, 2029 to 2036.

First coupon Jul 1, 2026.

Non-callable.

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

General Obligation Limited Tax School Bonds, Series 2025B (L) (book entry) $7,920,000.

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

Due Jan 1, 2027 to 2032.

First coupon Jul 1, 2026.

Non-callable.

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

Downers Grove Community High School District No. 99

Nov 18, 2025 $4,410,000

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

Dated Dec 16, 2025.

Due Dec 15, 2026 to 2027.

First coupon Jun 15, 2026.

Non-callable.

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

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

Reavis Township High School District No. 220

Nov 18, 2025 $31,045,000

General Obligation School Bonds, Series 2025A (G) (book entry) $14,675,000.

Dated Dec 1, 2025.

Due Dec 1, 2041 to 2047.

First coupon Jun 1, 2026.

2041-2047 Callable Dec 1, 2034 at par.

Purchased through negotiation by Mesirow Financial, Inc., as follows:

General Obligation Limited School Bonds, Series 2025B (G) (book entry) $16,370,000.

Dated Dec 1, 2025.

Due Dec 1, 2030 to 2047.

First coupon Jun 1, 2026.

2035-2047 Callable Dec 1, 2034 at par.

L.O.: Louis F. Cainkar, Ltd., Chicago, IL.

INDIANA

Indiana Secondary Market for Education Loans, Inc

Nov 19, 2025 $42,680,000

Student Loan Program Revenue Bonds, Senior Series 2025-1A (R) (book entry) (AMT)

Dated Dec 10, 2025.

Due Jun 1, 2028 to 2046.

First coupon Jun 1, 2026.

2046-2046 Callable Jun 1, 2034 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Faegre Drinker Biddle & Reath LLP, Indianapolis, IN.

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

Peru Multi School Building Corporation

Nov 18, 2025 $15,255,000

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

Dated Dec 10, 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.: Ice Miller, Indianapolis, IN.

Tri-Township Consolidated School Building Corporation

Nov 18, 2025 $3,590,000

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

Dated Dec 16, 2025.

Due Jul 15, 2026 to Jan 15, 2045.

First coupon Jul 15, 2026.

2035-2045 Callable Jul 15, 2034 at par.

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

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

Indiana Finance Authority

Nov 18, 2025 $701,325,000

Revenue Bonds, Series 2025A 1 (Ascension Senior Credit Group) (R) (book entry)

Dated Dec 4, 2025.

Due Nov 15, 2027 to 2043.

First coupon May 15, 2026.

2036-2043 Callable Nov 15, 2035 at par.

Purchased through negotiation by Morgan Stanley & Co., Inc., Jefferies LLC, J.P. Morgan Securities LLC, BofA Securities, as follows:

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

F.A.: Kaufman, Hall & Associates, LLC, Chicago, IL.

Southwest Dubois County Multi-School Building Corporation

Nov 18, 2025 $9,155,000

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

Dated Dec 17, 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.: Ice Miller, Indianapolis, IN.

MICHIGAN

Grand Rapids (City)

Nov 18, 2025 $41,220,000

Water Supply System Revenue Refunding Bonds, Series 2025 (R) (book entry)

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

Due Jan 1, 2027 to 2046.

First coupon Jul 1, 2026.

2037-2046 Callable Jan 1, 2036 at par.

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

L.O.: Dickinson Wright PLLC, Grand Rapids, MI.

F.A.: MFCI, LLC, Milford, MI.

Grand Rapids (City)

Nov 18, 2025 $48,275,000

Sanitary Sewer System Revenue Refunding Bonds, Series 2025 (R) (book entry)

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

Due Jan 1, 2027 to 2038.

First coupon Jul 1, 2026.

2037-2038 Callable Jan 1, 2036 at par.

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

L.O.: Dickinson Wright PLLC, Grand Rapids, MI.

F.A.: MFCI, LLC, Milford, MI.

MISSOURI

Harrisonville School District R-9

Nov 19, 2025 $9,045,000

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

Dated Dec 8, 2025.

Due Mar 1, 2027 to 2035.

First coupon Sep 1, 2026.

Non-callable.

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

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

Marshfield (City)

Nov 18, 2025 $6,765,000

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

Dated Dec 9, 2025.

Due Mar 1, 2027 to 2038.

First coupon Sep 1, 2026.

2036-2038 Callable Mar 1, 2035 at par.

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

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

Dunklin R-V School District of Jefferson County

Nov 19, 2025 $3,585,000

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

Dated Dec 10, 2025.

Due Mar 1, 2027 to 2035.

First coupon Sep 1, 2026.

Non-callable.

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

L.O.: Gilmore & Bell, P.C., St. Louis, MO.

NEBRASKA

Lincoln Airport Authority

Nov 19, 2025 $9,520,000

Airport Bonds, Series 2025 (G) (bank qualified) (book entry)

Dated Dec 10, 2025.

Due Jul 1, 2026 to 2045.

First coupon Jul 1, 2026.

2032-2045 Callable Jul 1, 2031 at par.

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

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

F.A.: Northland Securities, Inc., Minneapolis, MN.

Grant (City)

Nov 19, 2025 $510,000

Various Purpose Bond Anticipation Notes, Series 2025 (O) (bank qualified) (book entry)

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

Due Dec 15, 2026.

First coupon Jun 15, 2026.

2026-2026 Callable Mar 15, 2026 at par.

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

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

Sarpy County Sanitary and Improvement District No. 337

Nov 18, 2025 $1,450,000

General Obligation Bonds, Series 2025 (Hidden Hollows/Harvest Hills) (G) (bank qualified) (book entry)

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

Due Dec 15, 2030 to 2046.

First coupon Jun 15, 2026.

2045-2046 Callable Dec 15, 2030 at par.

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

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

F.A.: Bluestem Capital Partners, Elkhorn, NE.

OHIO

Port of Greater Cincinnati Development Authority

Nov 18, 2025 $93,075,000

Parking Revenue and Refunding Bonds, Series 2025A (3CDC Obligated Group Parking Facilities) (R) (book entry)

Dated Dec 1, 2025.

Due Dec 1, 2027 to 2060.

First coupon Jun 1, 2026.

2036-2060 Callable Dec 1, 2035 at par.

Purchased through negotiation by BofA Securities, Fifth Third Securities, Inc., Huntington Securities, Inc., Morgan Stanley & Co., Inc., as follows:

L.O.: Roetzel & Andress, Akron, OH.

F.A.: DiPerna and Company, Columbus, OH.

Ohio Water Development Authority

Nov 18, 2025 $500,000,000

Water Pollution Control Loan Fund Revenue Bonds, Series 2025 (R) (book entry)

Dated Dec 9, 2025.

Due Jun 1, 2030 to Dec 1, 2035.

First coupon Jun 1, 2026.

2035-2035 Callable Sep 1, 2035 at par.

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

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

F.A.: PFM Financial Advisors LLC, Cleveland, OH.

Muskingum County

Nov 18, 2025 $34,000,000

General Purpose (Limited Tax) Capital Facilities Improvement Notes, Series 2025A (Ohio Market Access Program) (L) (book entry) $27,000,000.

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

Due Dec 15, 2026.

First coupon Dec 15, 2026.

Non-callable.

Purchased through negotiation by FHN Financial Capital Markets, as follows:

General Purpose (Limited Tax) Capital Facilities Improvement Notes, Series 2025B (Ohio Market Access Program) (L) (book entry) $7,000,000.

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

Due Jun 16, 2026.

First coupon Jun 16, 2026.

Non-callable.

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

OKLAHOMA

University of Oklahoma Board of Regents

Nov 18, 2025 $171,215,000

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

Dated Dec 11, 2025.

Due Jul 1, 2026 to 2044.

First coupon Jan 1, 2026.

2036-2044 Callable Jul 1, 2035 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., Jefferies LLC, Morgan Stanley & Co., Inc., as follows:

L.O.: Floyd & Driver, PLLC, Norman, OK.

F.A.: Hilltop Securities Inc., Charlotte, NC.

PENNSYLVANIA

Greater Johnstown School District

Nov 18, 2025 $7,270,000

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

Dated Dec 18, 2025.

Due Feb 1, 2027 to 2040.

First coupon Aug 1, 2026.

2032-2040 Callable Feb 1, 2031 at par.

Purchased through negotiation by PNC Capital Markets, as follows:

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

Erie City School District

Nov 18, 2025 $9,970,000

General Obligation (Limited Tax) Bonds, Series 2025 (Pennsylvania State Aid Intercept Program) (L) (bank qualified) (book entry)

Dated Dec 22, 2025. Interest accrues Dec 22, 2025.

Due Apr 1, 2027 to 2045.

First coupon Apr 1, 2026.

2032-2045 Callable Apr 1, 2031 at par.

Purchased through negotiation by PNC Capital Markets, as follows:

L.O.: Knox McLauglin Gornall and Sennett, P.C., Erie, PA.

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

TENNESSEE

Rutherford County Health and Educational Facilities Board

Nov 18, 2025 $273,380,000

Revenue Bonds, Series 2025B 1 (Ascension Senior Credit Group) (Mandatory Tender Date: 11/15/2030) (R) (book entry)

Dated Dec 4, 2025.

Due Nov 15, 2044 to 2048.

First coupon May 15, 2026.

2044-2048 Callable Nov 15, 2029 at 101.856%, declining to par Nov 15, 2029.

Purchased through negotiation by Morgan Stanley & Co., Inc., Jefferies LLC, J.P. Morgan Securities LLC, BofA Securities, as follows:

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

F.A.: Kaufman, Hall & Associates, LLC, Chicago, IL.

TEXAS

Crosswinds At South Lake Special Improvement District

Nov 19, 2025 $2,165,000

Limited Ad Valorem Tax and Subordinate Lien Sales and Use Tax Road Bonds, Series 2025 (L) (bank qualified) (book entry)

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

Due Aug 15, 2026 to 2047.

First coupon Aug 15, 2026.

2032-2047 Callable Aug 15, 2031 at par.

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

L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.

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

Houston (City)

Nov 19, 2025 $277,425,000

Airport System Special Facilities Revenue Refunding Bonds, Series 2025B (United Airlines Inc. Terminal Improvement Projects) (R) (book entry) (AMT)

Dated Dec 2, 2025.

Due Jul 15, 2026 to 2038.

First coupon Jul 15, 2026.

2034-2038 Callable Jul 15, 2033 at par.

Purchased through negotiation by BofA Securities, J.P. Morgan Securities LLC, Loop Capital Markets, LLC, Raymond James & Associates, Inc., Morgan Stanley & Co., Inc., RBC Capital Markets, Siebert Williams Shank & Co., L.L.C, Mesirow Financial, Inc., as follows:

L.O.: Bracewell & Giuliani LLP, Houston, TX; West & Associates, L.L.P., Dallas, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX; and Knight & Day Group, LLC,, Houston, TX.

Little Elm (Town)

Nov 18, 2025 $13,722,000

Special Assessment Revenue Bonds, Series 2025 (Spiritas Ranch Public Improvement District Improvement Area No 2 Project) (N) (book entry)

Dated Dec 16, 2025.

Due Sep 1, 2027 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.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.

F.A.: SAMCO Capital Markets, San Antonio, TX.

Tarrant County Cultural Education Facilities Finance Corporation

Nov 18, 2025 $776,995,000

Revenue Bonds, Series 2025C-1 (Long-Term Mode) (Ascension Senior Credit Group) (Mandatory Tender Date: 11/15/2032) (R) (book entry) $392,040,000.

Dated Dec 4, 2025.

Due Nov 15, 2047 to 2051.

First coupon May 15, 2026.

2047-2051 Callable Nov 15, 2031 at 101.698%, declining to par Nov 15, 2031.

Purchased through negotiation by Morgan Stanley & Co., Inc., Jefferies LLC, J.P. Morgan Securities LLC, BofA Securities, as follows:

Revenue Bonds, Series 2025C-2 (Long-Term Mode) (Ascension Senior Credit Group) (Mandatory Tender Date: 11/15/2035) (R) (book entry) $384,955,000.

Dated Dec 4, 2025.

Due Nov 15, 2047 to 2051.

First coupon May 15, 2026.

2047-2051 Callable Nov 15, 2034 at 101.491%, declining to par Nov 15, 2034.

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

F.A.: Kaufman, Hall & Associates, LLC, Chicago, IL.

Boerne Independent School District

Nov 18, 2025 $48,530,000

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

Dated Dec 1, 2025. Interest accrues Dec 11, 2025.

Due Feb 1, 2026 to 2039.

First coupon Feb 1, 2026.

2036-2039 Callable Feb 1, 2035 at par.

Purchased through negotiation by PNC Capital Markets, RBC Capital Markets, as follows:

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

F.A.: Hilltop Securities Inc., San Antonio, TX.

Rio Hondo Independent School District

Nov 18, 2025 $17,190,000

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

Dated Dec 1, 2025. Interest accrues Dec 11, 2025.

Due Feb 15, 2027 to 2037.

First coupon Feb 15, 2026.

2036-2037 Callable Feb 15, 2035 at par.

Purchased through negotiation by Oppenheimer & Co., Inc., Piper Sandler & Co, SWBC Investment Services, LLC, as follows:

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

F.A.: Tijerina Financial Consulting LLC, San Antonio, TX.

Central Texas Regional Mobility Authority

Nov 18, 2025 $202,585,000

Senir Lien Revenue Refund Bonds, Series 2025A (R) (book entry) $105,115,000.

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

Due Jan 1, 2027 to 2042.

First coupon Jan 1, 2026.

2037-2042 Callable Jan 1, 2036 at par.

Purchased through negotiation by Wells Fargo Corporate & Investment Banking, BofA Securities, Piper Sandler & Co, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Capital Markets, as follows:

Revenue Refund Bonds, Subordinate Lien Series 2025B (R) (book entry) $97,470,000.

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

Due Jan 1, 2027 to 2041.

First coupon Jan 1, 2026.

2037-2041 Callable Jan 1, 2036 at par.

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

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

Cameron County

Nov 19, 2025 $4,010,000

Revenue and Tax Refunding Bonds, Series 2025 (State Highway 550 Project) (R) (book entry)

Dated Nov 15, 2025. Interest accrues Dec 11, 2025.

Due Feb 15, 2026 to 2038.

First coupon Feb 15, 2026.

2036-2038 Callable Feb 15, 2035 at par.

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

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

F.A.: Estrada Hinojosa & Company, Inc., Dallas, TX.

Harris County

Nov 18, 2025 $227,440,000

Toll Road First Lien Revenue Refunding Bonds, Series 2025A (R) (book entry)

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

Due Aug 15, 2026 to 2055.

First coupon Feb 15, 2026.

2036-2055 Callable Aug 15, 2035 at par.

Purchased through negotiation by Baird, Academy Securities Inc., SouthState | DuncanWilliams Securities Corp., BofA Securities, Cabrera Capital Markets, LLC, as follows:

L.O.: Greenberg Traurig, LLP, Houston, TX; West & Associates, L.L.P., Dallas, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX; and Knight & Day Group, LLC,, Houston, TX.

Cameron County

Nov 19, 2025 $35,490,000

Tax Notes, Series 2025A (L) (book entry) $7,620,000.

Dated Nov 15, 2025. Interest accrues Dec 11, 2025.

Due Feb 15, 2027 to 2032.

First coupon Feb 15, 2026.

Non-callable.

Purchased through negotiation by Hilltop Securities Inc., Frost Bank, Piper Sandler & Co, SWBC Investment Services, LLC, as follows:

Limited Tax Refunding Bonds, Series 2025 (L) (book entry) $27,870,000.

Dated Nov 15, 2025. Interest accrues Dec 11, 2025.

Due Feb 15, 2026 to 2037.

First coupon Feb 15, 2026.

2036-2037 Callable Feb 15, 2035 at par.

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

F.A.: Estrada Hinojosa & Company, Inc., Dallas, TX.

UTAH

Salt Lake City

Nov 18, 2025 $43,210,000

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

Dated Dec 10, 2025.

Due Feb 1, 2027 to 2037.

First coupon Feb 1, 2026.

2036-2037 Callable Feb 1, 2035 at par.

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

L.O.: Chapman and Cutler LLP, Salt Lake City, UT.

F.A.: Stifel, Nicolaus & Co., Inc., Salt Lake City, UT.

VIRGINIA

Powhatan County Economic Development Authority

Nov 19, 2025 $98,000,000

Grant Revenue Bonds, Senior Series 2025A (Chesterfield Hotel Project) (R) (book entry) $88,000,000.

Dated Nov 25, 2025.

Due Sep 1, 2060.

First coupon Mar 1, 2026.

2060-2060 Callable Sep 1, 2035 at par.

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

Grant Revenue Bonds, Subordinate Series 2025B (Chesterfield Hotel Project) (R) (book entry) $10,000,000.

Dated Nov 25, 2025.

Due Sep 1, 2065.

First coupon Mar 1, 2026.

2065-2065 Callable Sep 1, 2035 at par.

WASHINGTON

Wapato School District No. 207

Nov 18, 2025 $13,890,000

General Obligation Bonds, 2025 (Washington School Bond Guarantee Program) (G) (book entry)

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

Due Dec 1, 2027 to 2045.

First coupon Jun 1, 2026.

2036-2045 Callable Dec 1, 2035 at par.

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

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

Pike Place Market Preservation and Development Authority

Nov 18, 2025 $13,365,000

Special Obligation Refunding Bonds, 2025 (R) (book entry)

Dated Nov 25, 2025.

Due Dec 1, 2028 to 2040.

First coupon Jun 1, 2026.

2036-2040 Callable Dec 1, 2035 at par.

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

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

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

WISCONSIN

Winnebago County

Nov 18, 2025 $28,000,000

General Obligation Promissory Notes (G) (book entry)

Dated Dec 9, 2025. Interest accrues Dec 9, 2025.

Due Apr 1, 2026 to 2035.

First coupon Apr 1, 2026.

2033-2035 Callable Oct 1, 2032 at par.

Purchased through negotiation by Baird, as follows:

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

TAXABLE ISSUES

CALIFORNIA

Henry J. Kaiser Family Foundation

Nov 18, 2025 $65,000,000

Fixed Rate Bonds, Series 2025 (O) (book entry) (Taxable)

Dated Nov 25, 2025.

Due Dec 1, 2030.

First coupon Jun 1, 2026.

2030-2030 Callable Sep 1, 2030 at par.

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

L.O.: Mayer Brown LLP, Chicago, IL.

F.A.: Longhouse Capital Advisors, La Grange Park, IL.