ARKANSAS
Bryant School District No. 25 of Saline County
Jan 7, 2025 $10,250,000
Construction Bonds (Arkansas School District Intercept Program (book entry).
Dated Jan 30, 2025.
Due Feb 1, 2026 to 2047.
Callable Feb 1, 2030 at par.
Winning bid: Baird, at 98.8419, TIC 3.995%.
Other managers: CL King & Associates, Edward Jones, Stifel, Nicolaus & Co., Inc., UBS Financial Services, Inc., SouthState | DuncanWilliams Securities Corp., Davenport & Company LLC, FHN Financial Capital Markets, Stephens Inc., Oppenheimer & Co., Inc., Northland Securities, Inc., Cadz Securities Inc,, Middlegate Securities, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Country Club Bank, Celadon Financial Group, LLC, Midland Securities Ltd, FMSbonds, Inc., Bank of New York Mellon Capital Markets, LLC, First Kentucky Securities Corp., Multi-Bank Securities Inc., First Bankers' Banc Securities Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., Bernardi Securities, Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: Friday Eldredge & Clark, Little Rock, AR.
F.A.: First Security Beardsley, Little Rock, AR.
Other bidders were:
BofA Securities, TIC 4.0451%
Raymond James, TIC 4.0472%
Carty & Co, TIC 4.0793%
Bancroft Capital, TIC 4.1024%
KeyBanc Cap Mkts, TIC 4.2161%
KENTUCKY
Cumberland County School District Finance Corporation
Jan 7, 2025 $7,100,000
School Building Revenue Bonds, Series of 2025 (Kentucky School District Enhancement Program) (bank qualified) (book entry).
Dated Jan 28, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2033 at par.
Winning bid: Baird, at 100.2057, NIC 3.9827%.
Other managers: SouthState | DuncanWilliams Securities Corp., CL King & Associates, Crews & Associates, Inc., Edward Jones, PNC Capital Markets, First Kentucky Securities Corp., Northland Securities, Inc., Celadon Financial Group, LLC, The Baker Group, Middlegate Securities, Cadz Securities Inc,, A.G.P./Alliance Global Partners, Isaak Bond Investments, Inc., Bernardi Securities, Inc., Carty & Company, Inc., Oppenheimer & Co., Inc., FMSbonds, Inc., Midland Securities Ltd, First Southern LLC, Blaylock Van, LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Caldwell Sutter Capital, Inc..
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
KeyBanc Cap Mkts, NIC 4.0342%
CINCap Invest Grp, NIC 4.0415%
TD Securities, NIC 4.0495%
Raymond James, NIC 4.1823%
Stifel Nicolaus, NIC 4.2063%
MASSACHUSETTS
Tri-County Regional Vocational Technical School District
Jan 7, 2025 $136,975,000
General Obligations School Project Loan, Chapter 70B Bonds (book entry).
Dated Jan 22, 2025.
Due Jun 1, 2026 to 2054.
Callable Jun 1, 2033 at par.
Winning bid: Jefferies, at 102.4788, TIC 3.9899%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Morgan Stanley, TIC 4.0479%
JPMorgan, TIC 4.073%
BofA Securities, TIC 4.0945%
Wells Fargo Corp, TIC 4.098%
Baird, TIC 4.1592%
MICHIGAN
Grass Lake Community Schools
Jan 7, 2025 $5,480,000
2025 Refunding Bonds (General Obligation -Unlimited Tax) (Michigan School Bond Qualification and Loan Program) (bank qualified) (book entry).
Dated Feb 4, 2025.
Due May 1, 2026 to 2031.
Non-callable.
Winning bid: Piper Sandler, at 105.9804, TIC 3.1488%.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Baird, TIC 3.1794%
Stifel Nicolaus, TIC 3.2035%
KeyBanc Cap Mkts, TIC 3.253%
TD Securities, TIC 3.2995%
Brownstone Inv Grp, TIC 3.4274%
Raymond James, TIC 3.5827%
Lake Orion Village
Jan 7, 2025 $3,650,000
Water Supply and Sewage Disposal System Revenue Bonds, Series 2025 (book entry).
Dated Jan 28, 2025.
Due Apr 1, 2026 to 2045.
Callable Apr 1, 2035 at par.
Winning bid: FHN Fin Cap Mkts, at 104.7506, TIC 3.964%.
Other managers: Morgan Stanley & Co., Inc., Raymond James & Associates, Inc., Fidelity Capital Markets, Ramirez & Co., Inc., Advisors Asset Management Inc, SumRidge Partners, LLC, Intercoastal Capital Markets, Inc..
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Grosse Pointe, MI.
Other bidders were:
Baird, TIC 3.9659%
StoneX Fin Inc., TIC 3.9855%
Hilltop Securities, TIC 4.0987%
MINNESOTA
International Falls Independent School District No. 361
Jan 7, 2025 $20,795,000
General Obligation School Building and Facilities Maintenance Bonds Series 2025A (Minnesota School District Credit Enhancement Program) (book entry).
Dated Jan 30, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2033 at par.
Winning bid: Northland Securities, at 103.5478, TIC 3.8354%.
L.O.: Kennedy & Graven, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.
Other bidders were:
Jefferies, TIC 3.86%
Raymond James, TIC 3.8672%
TD Securities, TIC 3.9035%
Baird, TIC 3.9084%
KeyBanc Cap Mkts, TIC 3.9117%
UBS Financial Svcs, TIC 3.9124%
Hilltop Securities, TIC 3.9169%
BOK Fin Secs, TIC 3.9297%
Piper Sandler, TIC 3.9481%
NEW JERSEY
Asbury Park (City)
Jan 7, 2025 $22,600,000
Bond Anticipation Notes Consisting of :$14,100,000 General Improvement Bond Anticipation Notes, Series 2025A, $8,500,000 Transportation
Utility Bond Anticipation Notes, Series 2025B (book entry).
Dated Jan 14, 2025.
Due Jan 14, 2026.
Purchased $22,600,000.00 by Jefferies, at 4.0%, plus $185,546.00, effective rate 3.179%.
L.O.: Dilworth Paxson, Freehold, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
TD Securities, Effective Rate 3.188%
Oppenheimer, Effective Rate 3.283%
Galloway Township
Jan 7, 2025 $8,705,000
Bond Anticipation Notes (bank qualified).
Dated Jan 14, 2025.
Due Sep 9, 2025.
Purchased $8,705,000.00 by Piper Sandler, at 3.75%, plus $12,796.35, effective rate 3.5248%.
L.O.: Archer & Greiner P.C., Red Bank, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 3.7215%
Little Egg Harbor Township
Jan 7, 2025 $5,933,000
Bond Anticipation Notes, Series 2025A (bank qualified) (book entry).
Dated Jan 21, 2025.
Due Jan 20, 2026.
Purchased $5,933,000.00 by BNY Mellon Cap Mkts, at 4.25%, plus $44,070.91, effective rate 3.5051%.
L.O.: Dilworth Paxson, Freehold, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Jefferies, Effective Rate 3.5558%
TD Securities, Effective Rate 3.5999%
Oppenheimer, Effective Rate 3.6754%
Manasquan Bk, Effective Rate 4.15%
Scotch Plains Township
Jan 7, 2025 $9,660,000
General Obligation Bond Anticipation Note (bank qualified).
Dated Jan 16, 2025.
Due Jan 16, 2026.
Purchased $9,660,000.00 by BNY Mellon Cap Mkts, at 4.0%, plus $57,448.02, effective rate 3.4053%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Piper Sandler, Effective Rate 3.648%
Janney Montgomery, Effective Rate 3.659%
Union Township (Union County)
Jan 7, 2025 $89,241,000
General Improvement Bonds, Series 2025 (book entry).
Dated Jan 16, 2025.
Due Jan 15, 2026 to 2048.
Callable Jan 15, 2032 at par.
Winning bid: Wells Fargo Corp, at 104.2002, TIC 3.723%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
Other bidders were:
Raymond James, TIC 3.7485%
Barclays Capital, TIC 3.7509%
UBS Financial Svcs, TIC 3.7556%
RBC Capital Mkts, TIC 3.7575%
Jefferies, TIC 3.7699%
Hilltop Securities, TIC 3.7793%
Mesirow Financial, TIC 3.7794%
TD Securities, TIC 3.7993%
Janney Montgomery, TIC 3.7998%
Baird, TIC 3.831%
BofA Securities, TIC 3.8391%
JPMorgan, TIC 3.9759%
NEW YORK
Brutus (Town)
Jan 7, 2025 $5,750,000
General Obligations Bond Anticipation Notes, 2025 (bank qualified).
Dated Jan 21, 2025.
Due Jan 21, 2026.
Purchased $5,750,000.00 by Oppenheimer, at 4.375%, plus $33,926.00, effective rate 3.785%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 3.99%
Philipstown (Town)
Jan 7, 2025 $1,279,469
Bond Anticipation Notes, 2025 (Renewals) Series A (bank qualified).
Dated Jan 16, 2025.
Due Jan 16, 2026.
Purchased $1,279,469.00 by M & T Bank, at 3.86%, effective rate 3.86%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.8686%
Roosevelt & Cross, Effective Rate 5.5%
Sag Harbor Village
Jan 7, 2025 $3,000,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Jan 16, 2025.
Due Jan 16, 2026.
Purchased $3,000,000.00 by Fidelity Capital, at 4.0%, plus $28,290.00, effective rate 3.057%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.3558%
BNY Mellon Cap Mkts, Effective Rate 3.4219%
Piper Sandler, Effective Rate 3.449%
M & T Bank, Effective Rate 3.86%
Bank of Greene Co, Effective Rate 3.99%
Sylvan Beach Village
Jan 7, 2025 $15,000,000
General Obligations Bond Anticipation Notes, 2025.
Dated Jan 21, 2025.
Due Jan 15, 2026.
Purchased $15,000,000.00 by TD Securities, at 5.75%, plus $14,700.00, effective rate 5.6503%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 5.8648%
Town of Dryden
Jan 7, 2025 $9,460,000
Bond Anticipation Notes, 2025 (bank qualified) (book entry).
Dated Jan 22, 2025.
Due Jan 21, 2026.
Purchased $9,460,000.00 by BNY Mellon Cap Mkts, at 4.0%, plus $64,876.68, effective rate 3.3122%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.7339%
Bank of Greene Co, Effective Rate 3.99%
Waverly Village
Jan 7, 2025 $3,292,545
Bond Anticipation Notes, 2025 (bank qualified).
Dated Jan 21, 2025.
Due Oct 16, 2025.
Purchased $3,292,545.00 by Piper Sandler, at 4.0%, plus $9,252.05, effective rate 3.6182%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.7472%
Bank of Greene Co, Effective Rate 3.99%
West Haverstraw Village
Jan 7, 2025 $576,250
Bond Anticipation Notes, 2025 (bank qualified).
Dated Jan 16, 2025.
Due Jan 16, 2026.
Purchased $576,250.00 by Roosevelt & Cross, at 4.0%, plus $1,486.00, effective rate 3.7421%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.9487%
Bank of Greene Co, Effective Rate 3.99%
TEXAS
Dallas (City)
Jan 7, 2025 $36,120,000
Combination Tax and Revenue Certificates of Obligation, Series 2025A (book entry).
Dated Jan 30, 2025.
Due Feb 15, 2026 to 2034.
Non-callable.
Winning bid: BofA Securities, at 108.7747, TIC 3.0715%.
L.O.: Bracewell LLP, Dallas, TX; West & Associates, L.L.P., Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX; and Estrada Hinojosa & Company, Inc., Dallas, TX.
Other bidders were:
BOK Fin Secs, TIC 3.0907%
JPMorgan, TIC 3.1052%
Jefferies, TIC 3.1169%
Morgan Stanley, TIC 3.1285%
KeyBanc Cap Mkts, TIC 3.1344%
PNC Capital Markets, TIC 3.1427%
Stifel Nicolaus, TIC 3.1447%
TD Securities, TIC 3.1485%
Wells Fargo Corp, TIC 3.1583%
FHN Fin Cap Mkts, TIC 3.1606%
Piper Sandler, TIC 3.1757%
Raymond James, TIC 3.2033%
Mesirow Financial, TIC 3.2042%
StoneX Fin Inc., TIC 3.2052%
Cabrera Cap Mkts, TIC 3.2135%
Bancroft Capital, TIC 3.2295%
Baird, TIC 3.2366%
Montgomery County Municipal Utility District No. 127
Jan 7, 2025 $4,985,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Feb 1, 2025.
Due Sep 1, 2026 to 2050.
Callable Sep 1, 2031 at par.
Winning bid: Raymond James, at 97.1461, NIC 4.3517%.
L.O.: Smith, Murdaugh, Little & Bonham, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.3706%
Baird, NIC 4.3749%
Fidelity Capital, NIC 4.3866%
UMB Bank, NIC 4.4396%
Hilltop Securities, NIC 4.4669%
RBC Capital Mkts, NIC 4.475%
BofA Securities, NIC 4.5312%
Crews & Associates, NIC 4.5486%
WISCONSIN
Saukville Village
Jan 7, 2025 $2,540,000
General Obligation Promissory Notes, Series 2025A (bank qualified) (book entry).
Dated Jan 23, 2025.
Due Mar 1, 2026 to 2035.
Callable Mar 1, 2032 at par.
Winning bid: BOK Fin Secs, at 105.9770, TIC 3.4199%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
TD Securities, TIC 3.4292%
Baird, TIC 3.4751%
Northland Securities, TIC 3.5447%
Bernardi Securities, TIC 3.5468%
Raymond James, TIC 3.5495%
Hilltop Securities, TIC 3.5568%
Bankers' Bank, TIC 3.5895%
TAXABLE ISSUES
OKLAHOMA
Pawnee County Elementary School District No. 2
Jan 7, 2025 $150,000
Building Bonds of 2025 (Federally Taxable) (book entry).
Dated Feb 1, 2025.
Due Feb 1, 2027 to 2028.
Non-callable.
Winning bid: Exchange Bank, at n/a, NIC 5.4578%.
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Baker Group, NIC 6.1333%