INDIANA
Elkhart Community Schools Building Corporation
Nov 25, 2024 $1,19,40,000
First Mortgage Bonds, Series 2024B (Indiana State Aid Intercept program) (book entry). $5,970,000
Dated Dec 24, 2024.
Due Jul 15, 2025 to Jan 15, 2033.
Non-callable.
Winning bid: Fidelity Capital, at 106.4364, TIC 3.2364%.
First Mortgage Bonds, Series 2024C (Indiana State Aid Intercept program) (book entry). $5,970,000
Dated Dec 24, 2024.
Due Jul 15, 2025 to Jan 15, 2033.
Non-callable.
Winning bid: Fidelity Capital, at 106.4364, TIC 3.2364%.
Other managers: Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., FHN Financial Capital Markets, Advisors Asset Management Inc, Ramirez & Co., Inc., American Veterans Group, SumRidge Partners, LLC, SAMCO Capital Markets.
L.O.: Barnes & Thornburg LLP, Indianapolis, IN.
F.A.: Baker Tilly Municipal Advisors, LLC, Indianapolis, IN.
Other bidders were:
Piper Sandler, TIC 3.2825%
BOK Fin Secs, TIC 3.2848%
Baird, TIC 3.314%
Mesirow Financial, TIC 3.3756%
TD Securities, TIC 3.4278%
KENTUCKY
Glasgow (City)
Nov 26, 2024 $54,00,000
General Obligation Bonds (Parks Project), Series 2024 (bank qualified) (book entry).
Dated Dec 17, 2024.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2032 at par.
Winning bid: FHN Fin Cap Mkts, at 101.0568, TIC 3.8819%.
L.O.: Rubin & Hays, Louisville, KY.
F.A.: Baird, Louisville, KY.
Other bidders were:
Morgan Stanley, TIC 3.9022%
Hilltop Securities, TIC 3.9272%
StoneX Fin Inc., TIC 3.9342%
Bernardi Securities, TIC 3.9491%
PNC Capital Markets, TIC 3.9657%
Northland Securities, TIC 3.9851%
MASSACHUSETTS
Andover (Town)
Nov 26, 2024 $3,69,95,000
General Obligation Municipal Purpose Loan of 2024 Bonds (book entry).
Dated Dec 12, 2024.
Due Dec 1, 2025 to 2049.
Callable Dec 1, 2033 at par.
Winning bid: JPMorgan, at 106.9424, TIC 3.203%.
In association with: Academy Securities Inc..
In association with: Estrada Hinojosa & Company, Inc., Rice Financial Products Company, Stern Brothers & Co..
L.O.: Locke Lord LLP, Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
UBS Financial Svcs, TIC 3.2106%
Janney Montgomery, TIC 3.2129%
Mesirow Financial, TIC 3.2235%
Wells Fargo Corp, TIC 3.2326%
FHN Fin Cap Mkts, TIC 3.2337%
Fidelity Capital, TIC 3.2396%
Baird, TIC 3.2453%
Jefferies, TIC 3.2504%
UMB Bank, TIC 3.2622%
BNY Mellon Cap Mkts, TIC 3.2637%
TD Securities, TIC 3.2714%
Centerville-Osterville-Marstons Mills Fire District
Nov 14, 2024 $3,00,000
Bond Anticipation Notes (bank qualified).
Dated Dec 6, 2024.
Due Dec 3, 2025.
Purchased $300,000.00 by Oppenheimer, at 4.75%, plus $15.00, effective rate 4.745%.
F.A.: UniBank Fiscal Advisory Services, Inc., Boston, MA.
Other bidders were:
Cape Cod 5 Cents Svg, Effective Rate 4.8%
UniBank Fiscal Adv, Effective Rate 4.9%
MINNESOTA
Redwood Area School District Independent School District No. 2897
Nov 25, 2024 $2,00,00,000
General Obligation School Building Bonds, Series 2024A (Minnesota School District Credit Enhancement Program) (book entry).
Dated Dec 19, 2024.
Due Feb 1, 2026 to 2044.
Callable Feb 1, 2033 at par.
Winning bid: KeyBanc Cap Mkts, at 105.9458, TIC 3.6566%.
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
BOK Fin Secs, TIC 3.6715%
Jefferies, TIC 3.677%
Baird, TIC 3.6833%
FHN Fin Cap Mkts, TIC 3.6944%
Piper Sandler, TIC 3.7014%
Baker Group, TIC 3.7048%
Janney Montgomery, TIC 3.7136%
Hilltop Securities, TIC 3.7512%
Mesirow Financial, TIC 3.7558%
NEW JERSEY
Bay Head Borough Board of Education
Nov 26, 2024 $29,88,000
School Bonds, Series 2024 (New Jersey School Bond Reserve Act, 1980 N.J. Laws c. 72, as amended) (bank qualified) (book entry).
Dated Dec 17, 2024.
Due Aug 1, 2025 to 2037.
Callable Aug 1, 2034 at par.
Winning bid: Roosevelt & Cross, at 100.0184, NIC 3.2301%.
Other managers: Stifel, Nicolaus & Co., Inc., Intercoastal Capital Markets, Inc., R. Seelaus & Co., Inc., Edward Jones, CINCaP Investment Group.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Baird, NIC 3.2483%
Fidelity Capital, NIC 3.3188%
BNY Mellon Cap Mkts, NIC 3.496%
Demarest Borough
Nov 26, 2024 $50,00,000
Bond Anticipation Note (bank qualified).
Dated Dec 10, 2024.
Due Mar 12, 2025.
Purchased $5,000,000.00 by Piper Sandler, at 3.75%, plus $850.00, effective rate 3.6835%.
L.O.: Decotiis FitzPatrick, Cole & Giblin, LLP, Paramus, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Oppenheimer, Effective Rate 4.1483%
Livingston Township
Nov 26, 2024 $2,57,70,000
General Obligation Bonds, Series 2024 Consisting of: $14,684,000* General Improvement Bonds, Series 2024 $5,500,000* Water Utility Bonds, Series 2024 $7,340,000* Sewer Utility Bonds, Series 2024 (book entry).
Dated Dec 9, 2024.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2031 at par.
Winning bid: Raymond James, at 106.8321, TIC 3.3193%.
Other managers: Fidelity Capital Markets, Morgan Stanley & Co., Inc., Ramirez & Co., Inc., SumRidge Partners, LLC, Advisors Asset Management Inc, American Veterans Group.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Hilltop Securities, TIC 3.3251%
Janney Montgomery, TIC 3.3305%
RBC Capital Mkts, TIC 3.331%
JPMorgan, TIC 3.3328%
Baird, TIC 3.3351%
FHN Fin Cap Mkts, TIC 3.3357%
Roosevelt & Cross, TIC 3.3401%
Mesirow Financial, TIC 3.353%
BNY Mellon Cap Mkts, TIC 3.3868%
PNC Capital Markets, TIC 3.4229%
TD Securities, TIC 3.4327%
Livingston Township
Nov 26, 2024 $3,31,22,900
Bond Anticipation Notes, Series 2024, consis of $19,562,000 General Imp Notes, $650,000 Open Space Notes, $7,390,000 Wtr Util Notes, $4,850,000 Sewer Util Notes & $670,900 Swimming Pool Utility Notes (book entry).
Dated Dec 9, 2024.
Due Dec 5, 2025.
Purchased $33,122,900.00 by Jefferies, at 4.0%, plus $325,598.10, effective rate 3.006%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
JPMorgan, Effective Rate 3.009%
TD Securities, Effective Rate 3.032%
Oppenheimer, Effective Rate 3.0565%
BNY Mellon Cap Mkts, Effective Rate 3.0612%
Milltown Borough
Nov 26, 2024 $34,04,767
Bond Anticipation Notes, Series 2024A (bank qualified).
Dated Dec 9, 2024.
Due Dec 9, 2025.
Purchased $3,404,767.00 by Piper Sandler, at 4.0%, plus $9,124.78, effective rate 3.73%.
L.O.: Dilworth Paxson, Freehold, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Rockaway Township
Nov 26, 2024 $1,26,61,930
Bond Anticipation Notes.
Dated Dec 12, 2024.
Due Dec 12, 2025.
Purchased $12,661,930.00 by Jefferies, at 4.0%, plus $109,905.55, effective rate 3.132%.
L.O.: Hawkins, Delafield & Wood, Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Securities, Effective Rate 3.168%
Truist Secs, Inc., Effective Rate 3.184%
BNY Mellon Cap Mkts, Effective Rate 3.243%
Piper Sandler, Effective Rate 3.249%
Oppenheimer, Effective Rate 3.293%
South River Borough
Nov 26, 2024 $1,08,43,000
Bond Anticipation Notes, Series 2024A Consisting of: $6,071,000 General Improvement Bond Anticipation Notes $4,772,000 Water Utility Bond Anticipation Notes (book entry).
Dated Dec 11, 2024.
Due Dec 10, 2025.
Purchased $10,843,000.00 by TD Securities, at 4.0%, plus $89,996.90, effective rate 3.1677%.
L.O.: Dilworth Paxson, Freehold, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
Oppenheimer, Effective Rate 3.2008%
BNY Mellon Cap Mkts, Effective Rate 3.2451%
Piper Sandler, Effective Rate 3.3018%
Jefferies, Effective Rate 3.3753%
Wenonah Borough
Nov 26, 2024 $4,90,180
Bond Anticipation Notes (bank qualified).
Dated Dec 10, 2024.
Due Dec 9, 2025.
Purchased $490,180.00 by Roosevelt & Cross, at 4.5%, plus $2,991.00, effective rate 3.8881%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Piper Sandler, Effective Rate 4.4418%
Oppenheimer, Effective Rate 4.4779%
East Brunswick Twp, Effective Rate 4.751%
NEW YORK
Champlain Fire District
Nov 26, 2024 $67,35,000
General Obligations Bond Anticipation Notes, 2024 (Renewals) (bank qualified).
Dated Dec 13, 2024.
Due Dec 12, 2025.
Purchased $6,735,000.00 by Oppenheimer, at 4.125%, plus $16,667.00, effective rate 3.8768%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Glens Falls Natl Bk, Effective Rate 3.9%
Bank of Greene Co, Effective Rate 4.19%
Colton-Pierrepont Central School District
Nov 26, 2024 $68,82,841
General Obligations Bond Anticipation Notes, 2024 (bank qualified).
Dated Dec 12, 2024.
Due Jul 17, 2025.
Purchased $6,882,841.00 by Piper Sandler, at 3.75%, plus $14,041.00, effective rate 3.4084%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 3.4151%
TD Securities, Effective Rate 3.4642%
Oppenheimer, Effective Rate 3.5291%
BNY Mellon Cap Mkts, Effective Rate 3.5644%
Bank of Greene Co, Effective Rate 3.99%
Greene Village
Nov 26, 2024 $13,00,000
Bond Anticipation Notes, 2024B (bank qualified).
Dated Dec 18, 2024.
Due Dec 17, 2025.
Purchased $1,300,000.00 by Piper Sandler, at 3.75%, plus $1,456.00, effective rate 3.6376%.
L.O.: Harris Beach PLLC, Pittsford, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 3.673%
Oppenheimer, Effective Rate 3.7176%
Bank of Greene Co, Effective Rate 3.99%
Groveland (Town)
Nov 26, 2024 $5,14,900
Bond Anticipation Notes, 2024 (bank qualified).
Dated Dec 18, 2024.
Due Dec 17, 2025.
Purchased $514,900.00 by Roosevelt & Cross, at 4.0%, plus $1,190.00, effective rate 3.7682%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.99%
Oppenheimer, Effective Rate 4.1767%
Livingston County
Nov 26, 2024 $1,13,09,651
General Obligations Bond Anticipation Notes, 2024.
Dated Dec 12, 2024.
Due Dec 12, 2025.
Purchased $11,309,651.00 by Jefferies, at 4.0%, plus $100,433.00, effective rate 3.112%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.1352%
TD Securities, Effective Rate 3.148%
BNY Mellon Cap Mkts, Effective Rate 3.2442%
Piermont Village
Nov 26, 2024 $9,06,000
Bond Anticipation Notes - 2024 (bank qualified).
Dated Dec 5, 2024.
Due Dec 5, 2025.
Purchased $906,000.00 by Roosevelt & Cross, at 4.0%, plus $3,534.00, effective rate 3.6099%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Piper Sandler, Effective Rate 3.73%
Oppenheimer, Effective Rate 3.9169%
Bank of Greene Co, Effective Rate 3.99%
South Lewis Central School District
Nov 26, 2024 $7,63,524
School District (Serial) Bonds, 2024 (bank qualified).
Dated Dec 12, 2024.
Due Sep 15, 2025 to 2029.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.7384%.
L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, NIC 3.9934%
Valhalla Union Free School District
Nov 26, 2024 $63,70,000
Bond Anticipation Notes - 2024 Series B (bank qualified).
Dated Dec 10, 2024.
Due Jun 19, 2025.
Purchased $6,370,000.00 by Jefferies, at 3.5%, plus $6,306.30, effective rate 3.3114%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.3483%
TD Securities, Effective Rate 3.3962%
Oppenheimer, Effective Rate 3.4203%
Bank of Greene Co, Effective Rate 3.99%
West Babylon Union Free School District
Nov 26, 2024 $17,50,000
Bond Anticipation Notes - 2024 Series C.
Dated Dec 10, 2024.
Due Jul 2, 2025.
Purchased $1,750,000.00 by Oppenheimer, at 4.0%, plus $5,580.00, effective rate 3.4317%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Piper Sandler, Effective Rate 3.668%
Roosevelt & Cross, Effective Rate 3.9537%
PENNSYLVANIA
Daniel Boone Area School District
Nov 25, 2024 $1,27,05,000
General Obligation Bonds, Series of 2025 (book entry).
Dated Jan 6, 2025.
Due Apr 1, 2025 to 2030.
Non-callable.
Winning bid: KeyBanc Cap Mkts, at n/a, TIC 2.8475%.
L.O.: Fox Rothschild LLP, Blue Bell, PA.
F.A.: Concord Public Financial Advisors, Inc., Lancaster, PA.
Other bidders were:
Janney Montgomery, TIC 2.875%
BNY Mellon Cap Mkts, TIC 2.8809%
Baird, TIC 2.8926%
Jefferies, TIC 2.8988%
UBS Financial Svcs, TIC 2.9054%
Bancroft Capital, TIC 2.9104%
Mesirow Financial, TIC 2.9156%
PNC Capital Markets, TIC 2.9204%
Piper Sandler, TIC 2.9527%
TD Securities, TIC 3.0263%
TEXAS
Montgomery County Municipal Utility District No. 138
Nov 26, 2024 $1,13,85,000
Unlimited Tax Bonds, Series 2024 (book entry).
Dated Dec 1, 2024.
Due Mar 1, 2026 to 2049.
Callable Mar 1, 2031 at par.
Winning bid: Hilltop Securities, at 97.0240, NIC 4.2685%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Baird, NIC 4.2856%
Raymond James, NIC 4.2973%
UMB Bank, NIC 4.2999%
SAMCO Cap Mkts, NIC 4.3058%
Crews & Associates, NIC 4.3062%
BofA Securities, NIC 4.3522%
WISCONSIN
Platteville (City)
Nov 26, 2024 $30,25,000
Water and Sewer System Revenue Bonds, Series 2024C (bank qualified) (book entry).
Dated Dec 18, 2024.
Due May 1, 2025 to 2044.
Callable May 1, 2033 at par.
Winning bid: Baird, at 102.2024, TIC 3.8938%.
Other managers: CL King & Associates, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., Country Club Bank, SouthState | DuncanWilliams Securities Corp., Isaak Bond Investments, Inc., Carty & Company, Inc., Celadon Financial Group, LLC, Cadz Securities Inc,, A.G.P./Alliance Global Partners, Midland Securities Ltd, FMSbonds, Inc., StoneX Financial Inc., First Kentucky Securities Corp., Multi-Bank Securities Inc., First Southern LLC, The Baker Group, Dinosaur Securities, Wintrust Bank, Blaylock Van, LLC, Mountainside Securities LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc..
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
Morgan Stanley, TIC 3.9144%
TD Securities, TIC 3.9358%
Bernardi Securities, TIC 3.9395%
BOK Fin Secs, TIC 3.9417%
Hilltop Securities, TIC 3.9491%
Northland Securities, TIC 4.0049%
TAXABLE ISSUES
MASSACHUSETTS
Brewster (Town)
Nov 14, 2024 $5,00,000
Bond Anticipation Notes.
Dated Dec 10, 2024.
Due Aug 5, 2025.
Purchased $500,000.00 by Oppenheimer, at 4.75%, plus $200.00, effective rate 4.688%.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
UniBank Fiscal Adv, Effective Rate 6.25%