Market Data
Results of negotiated sales: 01/20/2026

ARIZONA

Queen Creek (Town)

Jan 15, 2026 $230,520,000

Certificates of Participation, Series 2026 (C) (book entry)

Dated Feb 11, 2026.

Due Oct 1, 2033 to 2065.

First coupon Oct 1, 2026.

2036-2065 Callable Oct 1, 2035 at par.

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

L.O.: Greenberg Traurig, LLP, Phoenix, AZ.

F.A.: Columbia Capital Management, LLC, Phoenix, AZ.



CALIFORNIA

Placentia-Yorba Linda Unified School District

Jan 16, 2026 $52,910,000

2026 Refunding Certificates of Participation (C) (book entry)

Dated Feb 5, 2026.

Due Oct 1, 2026 to 2033.

First coupon Apr 1, 2026.

Non-callable.

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

L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.

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


Benicia Unified School District

Jan 15, 2026 $59,500,000

General Obligation Bonds, Election of 2024, Series B (G) (book entry)

Dated Jan 28, 2026.

Due Aug 1, 2027 to 2058.

First coupon Aug 1, 2026.

2040-2058 Callable Aug 1, 2035 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

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

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


Oak Grove School District

Jan 16, 2026 $71,500,000

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

Dated Jan 29, 2026. Interest accrues Jan 29, 2026.

Due Aug 1, 2027 to 2054.

First coupon Aug 1, 2026.

2036-2054 Callable Aug 1, 2035 at par.

Purchased through negotiation by Baird, as follows:

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

F.A.: CFW Advisory Services, LLC, Alameda, CA.


California Community Choice Financing Authority

Jan 16, 2026 $895,685,000

Clean Energy Project Revenue Bonds, Series 2026A-1 (Green Bonds) (Term Rate) (Mandatory Tender Date: 02/01/2036) (R) (book entry)

Dated Jan 27, 2026.

Due Apr 1, 2056.

First coupon Aug 1, 2026.

2056-2056 Callable Nov 1, 2035 at 100.236% plus accrued interest.

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

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

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


California Community Choice Financing Authority

Jan 16, 2026 $350,000,000

Clean Energy Project Revenue Bonds, Series 2026A-2 (Green Bonds) (SOFR Index Rate) (Mandatory Tender Date: 02/01/2036) (R) (book entry)

Dated Jan 27, 2026.

Due Apr 1, 2056.

First coupon Mar 2, 2026.

2056-2056 Callable Nov 1, 2035 at par.

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

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

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



FLORIDA

Groves at Lake Marion Community Development District

Jan 15, 2026 $10,815,000

Special Assessment Bonds, Series 2026 (N) (book entry)

Dated Jan 29, 2026.

Due Dec 15, 2026 to 2055.

First coupon Jun 15, 2026.

2036-2055 Callable Jun 15, 2036 at par.

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

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



LOUISIANA

Terrebonne Parish Hospital Service District No. 1

Jan 15, 2026 $80,000,000

Hospital Revenue Refunding Bonds, Series 2026 (Terrebone General Medical Center Project) (R) (book entry)

Dated Jan 29, 2026.

Due Apr 1, 2027 to 2055.

First coupon Oct 1, 2026.

2037-2055 Callable Apr 1, 2036 at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: Raymond James & Associates, Inc., New Orleans, LA.



MARYLAND

Anne Arundel County

Jan 15, 2026 $10,825,000

Special Taxing District Refunding Bonds, Series 2026 (Watershed at Laurel Project) (R) (book entry)

Dated Feb 3, 2026.

Due Jul 1, 2026 to 2044.

First coupon Jul 1, 2026.

2035-2044 Callable Jul 1, 2034 at par.

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

L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.

F.A.: Public Resources Advisory Group, New York, NY.



MAINE

Maine Municipal Bond Bank

Jan 15, 2026 $190,000,000

Transportation Infrastructure Revenue Bonds, (Transcap Program) Highway and Bridge Bonds, Series 2026A (R) (book entry)

Dated Jan 29, 2026.

Due Sep 1, 2026 to 2040.

First coupon Mar 1, 2026.

2037-2040 Callable Sep 1, 2036 at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: Hilltop Securities Inc., Lincoln, RI.



MICHIGAN

Muskegon County

Jan 16, 2026 $9,585,000

Refunding Bonds, Series 2026 (Limited Tax - General Obligation) (Wastewater Management System #1) (L) (book entry)

Dated Feb 12, 2026.

Due Nov 1, 2026 to 2036.

First coupon May 1, 2026.

2036-2036 Callable Nov 1, 2035 at par.

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

L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.

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


Harper Woods City School District

Jan 16, 2026 $7,570,000

2026 Refunding Bonds (General Obligation) (Michigan School Bond Qualification and Loan Program) (G) (bank qualified) (book entry)

Dated Feb 11, 2026. Interest accrues Feb 11, 2026.

Due May 1, 2029 to 2034.

First coupon Nov 1, 2026.

Non-callable.

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

L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.

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


Kalamazoo Economic Development Corporation

Jan 15, 2026 $103,585,000

Limited Obligation Revenue Bonds, Series 2026A, (Friendship Village of Kalamazoo Project) (R) (book entry) $71,960,000.

Dated Jan 29, 2026. Interest accrues Jan 29, 2026.

Due Aug 15, 2030 to 2061.

First coupon Aug 15, 2026.

2033-2061 Callable Feb 15, 2033 at 103.000%, declining to par Feb 15, 2033.

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


Limited Obligation Revenue Bonds, Series 2026B-1 (Friendship Village of Kalamazoo Project) (R) (book entry) $3,725,000.

Dated Jan 29, 2026. Interest accrues Jan 29, 2026.

Due Aug 15, 2031.

First coupon Aug 15, 2026.

2031-2031 Callable Aug 15, 2027 at par.


Limited Obligation Revenue Bonds, Series 2026B-2 (Friendship Village of Kalamazoo Project) (R) (book entry) $9,325,000.

Dated Jan 29, 2026. Interest accrues Jan 29, 2026.

Due Aug 15, 2031.

First coupon Aug 15, 2026.

2031-2031 Callable Aug 15, 2027 at par.


Limited Obligation Revenue Bonds, Series 2026B-3 (Friendship Village of Kalamazoo Project) (R) (book entry) $18,575,000.

Dated Jan 29, 2026. Interest accrues Jan 29, 2026.

Due Aug 15, 2031.

First coupon Aug 15, 2026.

2031-2031 Callable Aug 15, 2027 at par.

L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.



MONTANA

Bigfork Rural Fire District

Jan 15, 2026 $15,000,000

General Obligation Bonds, Series 2026 (O) (book entry)

Dated Feb 5, 2026. Interest accrues Feb 5, 2026.

Due Jul 1, 2027 to 2046.

First coupon Jan 1, 2027.

2036-2046 Callable Jul 1, 2035 at par.

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



NORTH CAROLINA

Henderson County

Jan 15, 2026 $33,620,000

Limited Obligation Bonds, Series 2026A (R) (book entry) $25,000,000.

Dated Jan 29, 2026.

Due Jun 1, 2027 to 2046.

First coupon Jun 1, 2026.

2037-2046 Callable Jun 1, 2036 at par.

Purchased through negotiation by PNC Capital Markets, as follows:

L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Raleigh, NC.

F.A.: DEC Associates, Charlotte, NC.



NEBRASKA

Boys Town (Village)

Jan 15, 2026 $312,320,000

Revenue Bonds, (Boys Town Projects) Series 2026 (R) (book entry)

Dated Jan 29, 2026.

Due Jul 1, 2046 to 2055.

First coupon Jul 1, 2026.

2046-2055 Callable Jul 1, 2035 at par.

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

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


Bennington Public School District No. 59

Jan 16, 2026 $43,820,000

General Obligation School Building Bonds, Series 2026 (G) (book entry)

Dated Jan 29, 2026. Interest accrues Jan 29, 2026.

Due Jun 15, 2031 to 2046.

First coupon Jun 15, 2026.

2036-2046 Callable Dec 15, 2035 at par.

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

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


Dwight Rural Fire District No. 6

Jan 16, 2026 $615,000

Limited Tax Bonds, Series 2026 (L) (bank qualified) (book entry)

Dated Jan 28, 2026. Interest accrues Jan 28, 2026.

Due Jan 15, 2027 to 2041.

First coupon Jul 15, 2026.

2032-2041 Callable Jan 28, 2031 at par.

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


York Public School District No. 12

Jan 16, 2026 $1,835,000

Limited Tax Obligation School Bonds, Series 2026 (L) (book entry)

Dated Feb 4, 2026. Interest accrues Feb 4, 2026.

Due Dec 15, 2028 to 2035.

First coupon Jun 15, 2026.

2031-2035 Callable Feb 4, 2031 at par.

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

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



OHIO

Macedonia (City)

Jan 14, 2026 $16,000,000

Various Purpose Improvement (General Obligation Limited Tax) Bond Anticipation Notes, Series 2026 (L) (book entry)

Dated Jan 26, 2026.

Due Jan 26, 2027.

First coupon Jan 27, 2027.

Non-callable.

Privately placed by KeyBanc Capital Markets, as follows:

L.O.: Calfee, Halter & Griswold, Cleveland, OH.


Ohio Air Quality Development Authority

Jan 15, 2026 $100,000,000

Revenue Refunding Bonds, Series 2026A (Ohio Valley Electric Corporation Project) (R) (book entry) $50,000,000.

Dated Feb 2, 2026. Interest accrues Feb 2, 2026.

Due Jan 1, 2031 to 2036.

First coupon Jul 1, 2026.

2036-2036 Callable Jul 1, 2035 at par.

Purchased through negotiation by KeyBanc Capital Markets, PNC Capital Markets, Huntington Securities, Inc., as follows:


Revenue Refunding Bonds, Series 2026B (Ohio Valley Electric Corporation Project) (R) (book entry) $50,000,000.

Dated Feb 2, 2026. Interest accrues Feb 2, 2026.

Due Jan 1, 2037 to Jun 30, 2040.

First coupon Jul 1, 2026.

2037-2040 Callable Jul 1, 2035 at par.

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



PENNSYLVANIA

Haverford Township School District

Jan 16, 2026 $18,585,000

General Oblibation Bonds, Series of 2026 (L) (book entry)

Dated Feb 12, 2026.

Due Mar 15, 2027 to 2044.

First coupon Sep 15, 2026.

2034-2044 Callable Mar 15, 2033 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Saul Ewing LLP, Philadelphia, PA.

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



TEXAS

Tarrant County Cultural Education Facilities Finance Corporation

Jan 15, 2026 $313,070,000

Hospital Revenue Bonds, Series 2026E (Baylor Scott and White Health Project) (R) (book entry)

Dated Feb 19, 2026.

Due Nov 15, 2027 to 2045.

First coupon May 15, 2026.

2036-2045 Callable May 15, 2036 at par.

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

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

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


El Paso Independent School District

Jan 15, 2026 $28,600,000

Refunding Bonds, Series 2026B (Permanent School Fund Guarantee Program) (G) (book entry)

Dated Jan 15, 2026. Interest accrues Feb 12, 2026.

Due Aug 15, 2026 to 2029.

First coupon Aug 15, 2026.

Non-callable.

Purchased through negotiation by RBC Capital Markets, Cabrera Capital Markets, LLC, Jefferies LLC, Stifel, Nicolaus & Co., Inc., as follows:

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

F.A.: Hilltop Securities Inc., El Paso, TX.



WISCONSIN

Horicon School District

Jan 15, 2026 $11,315,000

General Obligation Refunding Bonds (G) (book entry)

Dated Feb 2, 2026. Interest accrues Feb 2, 2026.

Due Apr 1, 2028 to 2038.

First coupon Apr 1, 2026.

2035-2038 Callable Apr 1, 2034 at par.

Purchased through negotiation by Baird, as follows:

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


Wisconsin Housing and Economic Development Authority

Jan 16, 2026 $100,000,000

Home Ownership Revenue Bonds, 2026 Series A (Social Bonds) (R) (book entry)

Dated Feb 12, 2026.

Due Sep 1, 2026 to 2056.

First coupon Mar 1, 2026.

2035-2056 Callable Sep 1, 2034 at par.

Purchased through negotiation by RBC Capital Markets, Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, Amerivet Securities, Inc., Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Kutak Rock, Omaha, NE; and MWH Law Group LLP, Milwaukee, WI.



WEST VIRGINIA

West Virginia Housing Development Fund

Jan 15, 2026 $16,600,000

Multifamily Housing Revenue Bonds, Series 2026 (Highlawn Place) (Mandatory Tender Date: 02/01/2028) (R) (book entry)

Dated Jan 29, 2026. Interest accrues Jan 29, 2026.

Due Nov 1, 2028.

First coupon Aug 1, 2026.

2028-2028 Callable Feb 1, 2028 at par.

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

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



FORWARDS



TEXAS

El Paso Independent School District

Jan 15, 2026 $153,895,000

Refunding Bonds, Series 2026A (Permanent School Fund Guarantee Program) (G) (book entry)

Dated Jan 15, 2026. Interest accrues May 19, 2026.

Due Aug 15, 2026 to 2042.

First coupon Aug 15, 2026.

2035-2042 Callable Aug 15, 2034 at par.

Purchased through negotiation by RBC Capital Markets, Cabrera Capital Markets, LLC, Jefferies LLC, Stifel, Nicolaus & Co., Inc., as follows:

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

F.A.: Hilltop Securities Inc., El Paso, TX.



TAXABLE ISSUES



MAINE

Maine Municipal Bond Bank

Jan 15, 2026 $60,000,000

Transportation Infrastructure Revenue Bonds, (TransCap Program) General Transportation Project Bonds, Series 2026A (R) (book entry) (Taxable)

Dated Jan 29, 2026.

Due Sep 1, 2026 to 2040.

First coupon Mar 1, 2026.

2037-2040 Callable Sep 1, 2036 at par.

Purchased through negotiation by BofA Securities, as follows:

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

F.A.: Hilltop Securities Inc., Lincoln, RI.



NORTH CAROLINA

Henderson County

Jan 15, 2026 $33,620,000

Limited Obligation Bonds, Series 2026B (R) (book entry) (Taxable) $8,620,000.

Dated Jan 29, 2026.

Due Jun 1, 2027 to 2036.

First coupon Jun 1, 2026.

Non-callable.

Purchased through negotiation by PNC Capital Markets, as follows:

L.O.: Parker, Poe, Adams & Bernstein, L.L.P., Raleigh, NC.

F.A.: DEC Associates, Charlotte, NC.



WISCONSIN

Wisconsin Housing and Economic Development Authority

Jan 16, 2026 $60,000,000

Home Ownership Revenue Bonds, 2026 Series B (Social Bonds) (R) (book entry) (Taxable)

Dated Feb 12, 2026.

Due Sep 1, 2026 to 2056.

First coupon Mar 1, 2026.

2035-2056 Callable Sep 1, 2034 at par.

Purchased through negotiation by RBC Capital Markets, Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, Amerivet Securities, Inc., Wells Fargo Corporate & Investment Banking, as follows:

L.O.: Kutak Rock, Omaha, NE; and MWH Law Group LLP, Milwaukee, WI.