Market Data
Results of negotiated sales: 11/26/2025

CALIFORNIA

Golden State Connect Authority

Nov 25, 2025 $110,930,000

Telecommunications Revenue Bonds, Series 2025 (Broadband Project) (R) (book entry)

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

Due Dec 1, 2030 to 2060.

First coupon Jun 1, 2026.

2036-2060 Callable Dec 1, 2035 at par.

Purchased through negotiation by KeyBanc Capital Markets, as follows:

L.O.: Kutak Rock, Kansas City, MO.

F.A.: LRB Public Finance Advisors, Inc., Salt Lake, UT.


FLORIDA

Firethorn Community Development District

Nov 20, 2025 $17,430,000

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

Dated Nov 25, 2025.

Due May 1, 2026 to 2055.

First coupon May 1, 2026.

2036-2055 Callable May 1, 2035 at par.

Purchased through negotiation by MBS Capital Market, as follows:

L.O.: Holland & Knight LLP, West Palm Beach, FL.


West Villages Improvement District

Nov 25, 2025 $2,145,000

Capital Improvement Revenue Bonds, Series 2025 (Unit of Development No. 13) (Assessment Area One) (R) (book entry)

Dated Dec 18, 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.: Nabors, Giblin & Nickerson, Tampa, FL.


Magnolia Island Community Development District

Nov 25, 2025 $7,210,000

Capital Improvement Revenue Bonds, Series 2025A (Assessment Area Two) (R) (book entry)

Dated Dec 11, 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

New Lenox School District No. 122

Nov 24, 2025 $7,175,000

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

Dated Dec 11, 2025.

Due Oct 1, 2026 to 2035.

First coupon Oct 1, 2026.

Non-callable.

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

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


INDIANA

Knightstown High School Building Corporation

Nov 24, 2025 $15,000,000

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

Dated Dec 23, 2025.

Due Jul 10, 2026 to Jan 10, 2045.

First coupon Jul 10, 2026.

2036-2045 Callable Jan 10, 2036 at par.

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

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


NEBRASKA

Minden (City)

Nov 25, 2025 $600,000

Bond Anticipation Notes, Series 2025 (G) (bank qualified) (book entry)

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

Due Nov 15, 2026.

First coupon May 15, 2026.

2026-2026 Callable Feb 15, 2026 at par.

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

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


Alda Village

Nov 25, 2025 $440,000

Sewer Utility Bond Anticipation Notes, Series 2025 (O) (bank qualified) (book entry)

Dated Dec 15, 2025.

Due Dec 15, 2026.

First coupon Jun 15, 2026.

2026-2026 Callable Jun 15, 2026 at par.

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

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


Sarpy County Sanitary and Improvement District No. 190 (Hickory Ridge)

Nov 12, 2025 $580,000

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

Dated Dec 18, 2025.

Due Dec 15, 2029 to 2043.

First coupon Jun 15, 2026.

2031-2043 Callable Dec 15, 2030 at par.

Purchased through negotiation by Ameritas Investment Corp., as follows:

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

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


NEW YORK

New York State Mortgage Agency

Nov 25, 2025 $107,635,000

Homeowner Mortgage Revenue Bonds, Series 273 (Social Bonds) (R) (book entry)

Dated Dec 11, 2025.

Due Oct 1, 2026 to 2055.

First coupon Apr 1, 2026.

2033-2055 Callable Apr 1, 2033 at par.

Purchased through negotiation by Jefferies LLC, Ramirez & Co., Inc., RBC Capital Markets, Siebert Williams Shank & Co., L.L.C, Wells Fargo Corporate & Investment Banking, Academy Securities Inc., Blaylock Van, LLC, BofA Securities, FHN Financial Capital Markets, Morgan Stanley & Co., Inc., as follows:

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

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


OHIO

Dayton-Montgomery County Port Authority

Nov 24, 2025 $35,000,000

Multifamily Housing Revenue Bonds, Series 2025 (HoM Flats at Forest Project) (Mandatory Tender Date: 07/01/2029) (R) (book entry)

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

Due Jan 1, 2044.

First coupon Jul 1, 2026.

2044-2044 Callable Jul 1, 2028 at par.

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

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


Warren County Port Authority

Nov 25, 2025 $2,735,000

Special Obligation Development Revenue Bonds, Series 2025D (Ohio Communities Accelerator Fund) (Shaker Farms Development Infrastructure Project - Phase I) (R) (book entry)

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

Due Dec 1, 2030 to 2058.

First coupon Jun 1, 2026.

2036-2058 Callable Dec 1, 2035 at par.

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

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

F.A.: Bradley Payne LLC, Circleville, OH.


RHODE ISLAND

Rhode Island Housing and Mortgage Finance Corporation

Nov 25, 2025 $29,600,000

Multi-Family Development Bonds, 2025 Series 2-A (Sustainability Bonds) (Mandatory Tender Date: 10/01/2027) (R) (book entry) $18,120,000.

Dated Dec 9, 2025.

Due Oct 1, 2027 to 2055.

First coupon Apr 1, 2026.

2027-2055 Callable Apr 1, 2027 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, Morgan Stanley & Co., Inc., Barclays Capital, BofA Securities, Fidelity Capital Markets, RBC Capital Markets, Stifel, Nicolaus & Co., Inc., as follows:


Multi-Family Development Bonds, 2025 Series 2-B (Sustainability Bonds) (R) (book entry) $11,480,000.

Dated Dec 9, 2025.

Due Apr 1, 2027 to Oct 1, 2065.

First coupon Apr 1, 2026.

2034-2065 Callable Oct 1, 2033 at par.

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

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


SOUTH DAKOTA

Rapid City (City)

Nov 20, 2025 $26,115,000

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

Dated Dec 23, 2025.

Due Nov 1, 2026 to 2037.

First coupon May 1, 2026.

Non-callable.

Purchased through negotiation by Colliers Securities LLC, as follows:

L.O.: Dorsey & Whitney, Minneapolis, MN.


TEXAS

Cedar Park (City)

Nov 24, 2025 $45,310,000

Combination Tax and Revenue Certificaties of Obligation Series 2025 (L) (book entry) $29,860,000.

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

Due Feb 15, 2026 to 2045.

First coupon Feb 15, 2026.

2036-2045 Callable Feb 15, 2035 at par.

Purchased through negotiation by FHN Financial Capital Markets, Piper Sandler & Co, Cabrera Capital Markets, LLC, as follows:


General Obligation Refunding Bonds, Series 2025 (L) (book entry) $15,450,000.

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

Due Feb 15, 2026 to 2035.

First coupon Feb 15, 2026.

Non-callable.

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

F.A.: Specialized Public Finance Inc., Austin, TX.


Cedar Park (City)

Nov 24, 2025 $42,665,000

Utility System Revenue and Refunding Bonds, Series 2025 (R) (book entry)

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

Due Aug 15, 2026 to 2045.

First coupon Feb 15, 2026.

2036-2045 Callable Aug 15, 2035 at par.

Purchased through negotiation by FHN Financial Capital Markets, Piper Sandler & Co, Cabrera Capital Markets, LLC, as follows:

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

F.A.: Specialized Public Finance Inc., Austin, TX.


Keller Independent School District

Nov 24, 2025 $96,305,000

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

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

Due Feb 15, 2026 to 2037.

First coupon Feb 15, 2026.

2036-2037 Callable Feb 15, 2035 at par.

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

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

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


WISCONSIN

Pewaukee Village

Nov 24, 2025 $2,780,000

General Obligation Promissory Notes (G) (bank qualified) (book entry)

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

Due Mar 1, 2026 to 2035.

First coupon Mar 1, 2026.

2034-2035 Callable Mar 1, 2033 at par.

Purchased through negotiation by Baird, as follows:

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