CALIFORNIA
Sierra Sands Unified School District
Jan 8, 2025 $17,175,000
2025 Certificates of Participation (book entry).
Dated Jan 29, 2025.
Due Feb 1, 2027 to 2055.
Callable Feb 1, 2028 at par.
Winning bid: Fidelity Capital, at 97.8772, TIC 4.0659%.
Other managers: Raymond James & Associates, Inc., Wedbush Securities Inc., SumRidge Partners, LLC, Advisors Asset Management Inc, FHN Financial Capital Markets.
L.O.: Parker & Covert LLP, Sacramento, CA.
F.A.: Government Financial Services Joint Power Authority, Sacramento, CA.
Other bidders were:
Baird, TIC 4.224%
UBS Securities, TIC 4.3486%
Morgan Stanley, TIC 4.4382%
Southern California Public Power Authority
Jan 8, 2025 $69,625,000
Transmission Project Revenue Bonds, 2025 Subordinate Refunding Series A (Southern Transmission Project) (book entry).
Dated Jan 23, 2025.
Due Jul 1, 2025 to 2027.
Non-callable.
Winning bid: PNC Capital Markets, at 104.3217, TIC 2.3985%.
L.O.: Norton Rose Fulbright US LLP, Los Angeles, CA.
F.A.: PFM Financial Advisors LLC, Los Angeles, CA.
Other bidders were:
Goldman Sachs, TIC 2.4036%
BofA Securities, TIC 2.4797%
Wells Fargo Corp, TIC 2.48%
JPMorgan, TIC 2.545%
KeyBanc Cap Mkts, TIC 2.5472%
UBS Financial Svcs, TIC 2.5489%
RBC Capital Mkts, TIC 2.5502%
Barclays Capital, TIC 2.5517%
TD Securities, TIC 2.5648%
Raymond James, TIC 2.5651%
Jefferies, TIC 2.5706%
Stifel Nicolaus, TIC 2.5752%
Mesirow Financial, TIC 2.5756%
Truist Secs, Inc., TIC 2.6008%
Baird, TIC 2.6038%
Morgan Stanley, TIC 2.6188%
COLORADO
Colorado
Jan 8, 2025 $475,000,000
Education Loan Program Tax and Revenue Anticipation Notes, Series 2024B (book entry).
Dated Jan 15, 2025.
Due Jun 30, 2025.
Purchased $475,000,000.00 by JPMorgan, at 5.0%, plus $4,522,000.00, effective rate 2.8971%.
L.O.: Kutak Rock, Denver, CO.
F.A.: RBC Capital Markets, Denver, CO.
Other bidders were:
BofA Securities, Effective Rate 2.9475%
TD Securities, Effective Rate 3.0264%
Wells Fargo Corp, Effective Rate 3.0529%
BNY Mellon Cap Mkts, Effective Rate 3.1031%
Stifel Nicolaus, Effective Rate 3.1232%
Stifel Nicolaus, Effective Rate 3.1385%
BNY Mellon Cap Mkts, Effective Rate 3.211%
FLORIDA
Florida Department of Transportation
Jan 8, 2025 $138,695,000
Right-of-Way Acquisition and Bridge Construction Bonds, Series 2025A (book entry).
Dated Jan 30, 2025.
Due Jul 1, 2025 to 2054.
Callable Jul 1, 2034 at par.
Winning bid: Baird, at 101.0588, TIC 4.1201%.
Other managers: Davenport & Company LLC, CL King & Associates, Edward Jones, Crews & Associates, Inc., Bank of New York Mellon Capital Markets, LLC, Stifel, Nicolaus & Co., Inc., Oppenheimer & Co., Inc., Northland Securities, Inc., Carty & Company, Inc., SouthState | DuncanWilliams Securities Corp., Cadz Securities Inc,, Midland Securities Ltd, Celadon Financial Group, LLC, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC.
L.O.: Greenberg Traurig, P.A., Miami, FL.
F.A.: Division of Bond Finance, Tallahassee, FL.
Other bidders were:
BofA Securities, TIC 4.1224%
Wells Fargo Corp, TIC 4.132%
Jefferies, TIC 4.1668%
JPMorgan, TIC 4.1778%
Morgan Stanley, TIC 4.2016%
RBC Capital Mkts, TIC 4.2024%
Truist Secs, Inc., TIC 4.2588%
MASSACHUSETTS
Eastham (Town)
Jan 8, 2025 $2,320,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Jan 24, 2025.
Due Jan 23, 2026.
Purchased $2,320,000.00 by Fidelity Capital, at 4.0%, plus $18,977.60, effective rate 3.1797%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Truist Secs, Inc., Effective Rate 3.2756%
Piper Sandler, Effective Rate 3.4224%
Oppenheimer, Effective Rate 3.4859%
BNY Mellon Cap Mkts, Effective Rate 3.5977%
North Middlesex Regional School District
Jan 8, 2025 $17,910,984
General Obligation Bond Anticipation Note.
Dated Jan 30, 2025.
Due Oct 30, 2025.
Purchased $17,910,984.00 by Truist Secs, Inc., at 4.0%, plus $146,332.73, effective rate 2.9107%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
TD Securities, Effective Rate 3.0893%
BNY Mellon Cap Mkts, Effective Rate 3.1975%
Oppenheimer, Effective Rate 3.206%
Jefferies, Effective Rate 3.216%
Orleans (Town)
Jan 8, 2025 $19,413,584
General Obligation Bond Anticipation Notes (book entry).
Dated Jan 24, 2025.
Due Jan 23, 2026.
Purchased $19,413,584.00 by Truist Secs, Inc., at 4.0%, plus $200,154.05, effective rate 2.9661%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
TD Securities, Effective Rate 3.0591%
Jefferies, Effective Rate 3.0975%
Fidelity Capital, Effective Rate 3.1557%
Oppenheimer, Effective Rate 3.172%
MICHIGAN
Northfield Township
Jan 8, 2025 $7,000,000
2025 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Jan 29, 2025.
Due Apr 1, 2026 to 2045.
Callable Apr 1, 2035 at par.
Winning bid: Baird, at 103.6663, TIC 3.9283%.
Other managers: CL King & Associates, Fidelity Capital Markets, Edward Jones, Crews & Associates, Inc., Northland Securities, Inc., Oppenheimer & Co., Inc., The Baker Group, A.G.P./Alliance Global Partners, Cadz Securities Inc,, Carty & Company, Inc., Celadon Financial Group, LLC, First Kentucky Securities Corp., Midland Securities Ltd, Bank of New York Mellon Capital Markets, LLC, First Southern LLC, Dinosaur Securities, Blaylock Van, LLC, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Valdes & Moreno, Inc., Falcon Square Capital, Caldwell Sutter Capital, Inc..
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Grosse Pointe, MI.
Other bidders were:
StoneX Fin Inc., TIC 4.0003%
KeyBanc Cap Mkts, TIC 4.026%
Hilltop Securities, TIC 4.1276%
NEW JERSEY
Dunellen Borough
Jan 8, 2025 $4,001,800
$4,001,800 Bond Anticipation Notes, Consisting of $3,306,000 General Improvement Bond Anticipation Note and $695,800 Sewer Utility Bond Anticipation Note (bank qualified).
Dated Jan 16, 2025.
Due Jan 15, 2026.
Purchased $4,001,800.00 by Piper Sandler, at 4.0%, plus $7,643.44, effective rate 3.808%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Ridgewood Village
Jan 8, 2025 $25,960,000
General Obligation Bonds, Series 2025 Consisting of: $15,222,000* General Improvement Bonds $11,572,000* Water Utility Bonds and $418,000* Parking Utility Bonds (book entry).
Dated Jan 22, 2025.
Due Jan 15, 2026 to 2043.
Callable Jan 15, 2035 at par.
Winning bid: Baird, at 104.8892, TIC 3.1411%.
Other managers: CL King & Associates, Midland Securities Ltd, Blaylock Van, LLC, Northland Securities, Inc., Crews & Associates, Inc., Carty & Company, Inc., Cadz Securities Inc,, FMSbonds, Inc., Celadon Financial Group, LLC, First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., InspereX LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc., Oppenheimer & Co., Inc..
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Hilltop Securities, TIC 3.1486%
UBS Financial Svcs, TIC 3.15%
Fidelity Capital, TIC 3.1542%
JPMorgan, TIC 3.1564%
BofA Securities, TIC 3.1598%
Roosevelt & Cross, TIC 3.1608%
TD Securities, TIC 3.1669%
Mesirow Financial, TIC 3.178%
Jefferies, TIC 3.2049%
FHN Fin Cap Mkts, TIC 3.2132%
NEW YORK
Bethany (Town)
Jan 8, 2025 $995,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Jan 29, 2025.
Due Jan 28, 2026.
Purchased $995,000.00 by Bank of Greene Co, at 3.73%, effective rate 3.73%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 3.8114%
Oppenheimer, Effective Rate 4.195%
Eastchester Union Free School District
Jan 8, 2025 $50,034,000
General Obligations Bond Anticipation Notes - 2025.
Dated Jan 23, 2025.
Due Jan 23, 2026.
Purchased $50,034,000.00 by Jefferies, at 4.0%, plus $492,839.00, effective rate 3.015%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 3.067%
Wells Fargo Corp, Effective Rate 3.129%
BofA Securities, Effective Rate 3.227%
Oppenheimer, Effective Rate 3.2348%
BNY Mellon Cap Mkts, Effective Rate 3.3629%
Hauppauge Union Free School District
Jan 8, 2025 $5,300,000
Bond Anticipation Notes, 2025.
Dated Jan 21, 2025.
Due Jan 21, 2026.
Purchased $5,300,000.00 by TD Securities, at 4.0%, plus $39,432.00, effective rate 3.256%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 3.311%
BNY Mellon Cap Mkts, Effective Rate 3.3937%
Piper Sandler, Effective Rate 3.399%
Oppenheimer, Effective Rate 3.4571%
Fidelity Capital, Effective Rate 3.476%
Island Park Village
Jan 8, 2025 $200,000
Bond Anticipation Notes, 2025 Series A (bank qualified).
Dated Jan 15, 2025.
Due Jan 15, 2026.
Purchased $200,000.00 by Bank of Greene Co, at 4.29%, effective rate 4.29%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Liberty Capital Services LLC, Garden City, NY; and Liberty Capital Services LLC, East Williston, NY.
Lansing Central School District
Jan 8, 2025 $725,000
School District (Serial) Bonds,2025 (bank qualified).
Dated Jan 23, 2025.
Due Jun 15, 2025 to 2029.
Non-callable.
Winning bid: Bank of Greene Co, at n/a, NIC 3.8738%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.9156%
Oppenheimer, NIC 3.9788%
Richfield Springs Village
Jan 8, 2025 $500,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Jan 22, 2025.
Due Dec 19, 2025.
Purchased $500,000.00 by NBT Bank, at 4.1%, effective rate 4.1%.
L.O.: Whiteman Osterman & Hanna, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.29%
Roosevelt & Cross, Effective Rate 4.75%
Oppenheimer, Effective Rate 5.7388%
Salmon River Central School District
Jan 8, 2025 $1,000,000
General Obligations Bond Anticipation Notes, 2025.
Dated Jan 23, 2025.
Due Jun 27, 2025.
Purchased $1,000,000.00 by Oppenheimer, at 4.5%, plus $101.00, effective rate 4.4764%.
L.O.: WJ Marquardt PLLC, Skaneateles, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 5.5%
Utica (City)
Jan 8, 2025 $24,578,012
General Obligations Bond Anticipation Notes, 2025.
Dated Jan 23, 2025.
Due Jan 23, 2026.
Purchased $24,578,012.00 by TD Securities, at 4.5%, plus $274,044.83, effective rate 3.385%.
L.O.: Bond, Schoeneck & King, PLLC, Utica, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.7133%
Jefferies, Effective Rate 3.73%
Piper Sandler, Effective Rate 4.349%
Village of New Berlin
Jan 8, 2025 $600,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Jan 22, 2025.
Due Jan 22, 2026.
Purchased $600,000.00 by NBT Bank, at 3.9%, effective rate 3.9%.
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.29%
Roosevelt & Cross, Effective Rate 4.75%
Oppenheimer, Effective Rate 5.7398%
PENNSYLVANIA
Northampton Area School District
Jan 8, 2025 $32,675,000
General Obligation Bonds, Series of 2025 (book entry).
Dated Feb 12, 2025.
Due Feb 1, 2026 to 2046.
Callable Feb 1, 2033 at par.
Winning bid: Janney Montgomery, at n/a, TIC 4.3246%.
L.O.: King, Spry, Herman, Freund & Faul, Bethlehem, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
Baird, TIC 4.3468%
KeyBanc Cap Mkts, TIC 4.3866%
Souderton Area School District
Jan 7, 2025 $43,935,000
General Obligation Bonds, Series of 2025 (book entry).
Dated Feb 11, 2025.
Due Sep 1, 2026 to 2045.
Callable Sep 1, 2032 at par.
Winning bid: Janney Montgomery, at n/a, TIC 4.1861%.
L.O.: Fox Rothschild LLP, Blue Bell, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
Baird, TIC 4.2178%
RBC Capital Mkts, TIC 4.253%
Fidelity Capital, TIC 4.3637%
Jefferies, TIC 4.3981%
Wissahickon School District
Jan 7, 2025 $9,995,000
General Obligation Bonds, Series of 2025 (bank qualified) (book entry).
Dated Feb 11, 2025.
Due Nov 15, 2025 to 2049.
Callable May 15, 2030 at par.
Winning bid: Janney Montgomery, at n/a, TIC 4.1555%.
L.O.: Fox Rothschild LLP, Blue Bell, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
Fidelity Capital, TIC 4.18%
TD Securities, TIC 4.2017%
BNY Mellon Cap Mkts, TIC 4.2125%
Baird, TIC 4.2175%
KeyBanc Cap Mkts, TIC 4.2897%
TENNESSEE
Cleveland Utilities Authority
Jan 8, 2025 $4,960,000
Water and Wastewater System Revenue Bonds, Series 2025 (bank qualified) (book entry).
Dated Jan 23, 2025.
Due Jun 1, 2025 to 2044.
Callable Jun 1, 2033 at par.
Winning bid: FHN Fin Cap Mkts, at 102.1593, TIC 3.948%.
L.O.: Bass, Berry & Sims PLC, Nashville, TN.
F.A.: Raymond James & Associates, Inc., Nashville, TN.
Other bidders were:
TD Securities, TIC 3.9793%
Baird, TIC 4.041%
Stifel Nicolaus, TIC 4.0645%
Hilltop Securities, TIC 4.0662%
Carty & Co, TIC 4.09%
Milan Public Utilities Authority
Jan 8, 2025 $9,750,000
Electric System Revenue Bonds, Series 2025 (bank qualified) (book entry).
Dated Jan 31, 2025.
Due Jun 1, 2025 to 2054.
Callable Jun 1, 2031 at par.
Winning bid: Baird, at 101.1387, TIC 4.2865%.
Other managers: CL King & Associates, SouthState | DuncanWilliams Securities Corp., Crews & Associates, Inc., Northland Securities, Inc., Oppenheimer & Co., Inc., Cadz Securities Inc,, A.G.P./Alliance Global Partners, Celadon Financial Group, LLC, Bernardi Securities, Inc., FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd, Bank of New York Mellon Capital Markets, LLC, Isaak Bond Investments, Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: Bass, Berry & Sims PLC, Nashville, TN.
F.A.: Cumberland Securities Co., Inc., Knoxville, TN.
Other bidders were:
Carty & Co, TIC 4.3835%
FHN Fin Cap Mkts, TIC 4.384%
KeyBanc Cap Mkts, TIC 4.4351%
Raymond James, TIC 4.4584%
TD Securities, TIC 4.4796%
Hilltop Securities, TIC 4.5825%
TAXABLE ISSUES
NEW JERSEY
Mount Ephraim Borough
Jan 8, 2025 $779,487
Taxable Bond Anticipation Notes of 2025, Series A.
Dated Jan 17, 2025.
Due Sep 17, 2025.
Purchased $779,487.00 by First Colonial, at 4.72%, effective rate 4.72%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Roosevelt & Cross, Effective Rate 5.326%
Pennsville Natl Bk, Effective Rate 5.49%
Oppenheimer, Effective Rate 5.908%
NEW YORK
Deer Park Union Free School District
Jan 8, 2025 $2,250,000
School District Serial Bonds, 2025 (Federally Taxable) (New York State Aid Intercept Program) (book entry).
Dated Jan 22, 2025.
Due Jan 15, 2026 to 2032.
Non-callable.
Winning bid: Piper Sandler, at 100.0007, NIC 4.8655%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Baird, NIC 4.8696%
Bernardi Securities, NIC 4.9819%
SAMCO Cap Mkts, NIC 4.9902%
Roosevelt & Cross, NIC 5.1403%
OKLAHOMA
Latimer County Independent School District No. 1 (Wilburton)
Jan 8, 2025 $900,000
Building Bonds of 2025 (Federally Taxable) (book entry).
Dated Feb 1, 2025.
Due Feb 1, 2027 to 2028.
Non-callable.
Winning bid: UMB Bank, at n/a, NIC 4.7803%.
In association with: First National Bank & Trust Company.
L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
Country Club Bank, NIC 4.9992%
BOK Fin Secs, NIC 5.1074%
Exchange Bank, NIC 5.7724%
Sequoyah County Independent School District No. 1 (Sallisaw)
Jan 8, 2025 $1,760,000
Building Bonds of 2025 (Federally Taxable) (book entry).
Dated Feb 1, 2025.
Due Feb 1, 2027 to 2028.
Non-callable.
Winning bid: Baker Group, at n/a, NIC 4.7914%.
In association with: First National Bank of Sallisaw.
L.O.: State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
UMB Bank, NIC 4.888%
Country Club Bank, NIC 4.9925%
BOK Fin Secs, NIC 4.9984%
Exchange Bank, NIC 5.7361%