ILLINOIS
Wood Dale (City)
Jan 8, 2025 $9,385,000
General Obligation Bonds (Alternate Revenue Source), Series 2025 (book entry).
Dated Jan 22, 2025.
Due Dec 30, 2027 to 2044.
Callable Dec 30, 2034 at par.
Winning bid: FHN Fin Cap Mkts, at n/a, TIC 3.9754%.
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., Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Mesirow Financial, TIC 3.9779%
KeyBanc Cap Mkts, TIC 3.9852%
Baird, TIC 3.9858%
Baker Group, TIC 4.0201%
Hilltop Securities, TIC 4.0466%
UBS Financial Svcs, TIC 4.1513%
Bernardi Securities, TIC 4.1864%
MASSACHUSETTS
Orleans (Town)
Jan 8, 2025 $11,980,000
General Obligation Municipal Purpose Loan of 2025 Bonds (book entry).
Dated Jan 23, 2025.
Due Jan 15, 2026 to 2050.
Callable Jan 15, 2034 at par.
Winning bid: TD Securities, at 105.6071, TIC 3.5797%.
L.O.: Locke Lord LLP, Boston, MA.
F.A.: Hilltop Securities Inc., Boston, MA.
Other bidders were:
Fidelity Capital, TIC 3.5982%
BofA Securities, TIC 3.6127%
Mesirow Financial, TIC 3.6137%
Baird, TIC 3.6458%
FHN Fin Cap Mkts, TIC 3.6656%
Roosevelt & Cross, TIC 3.6701%
Janney Montgomery, TIC 3.6813%
Bancroft Capital, TIC 3.6976%
KeyBanc Cap Mkts, TIC 3.7947%
MICHIGAN
Branch County
Jan 9, 2025 $3,760,000
Capital Improvement Bond, Series 2025 (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Jan 30, 2025.
Due Nov 1, 2025 to 2044.
Callable Nov 1, 2034 at par.
Winning bid: Brownstone Inv Grp, at 105.4062, TIC 3.8403%.
L.O.: Kirk, Huth, Lange & Badalamenti, PLC, John R. Axe, Macomb, MI.
F.A.: MFCI, LLC, Milford, MI.
Other bidders were:
Baird, TIC 3.9126%
BOK Fin Secs, TIC 3.9417%
Hilltop Securities, TIC 3.9655%
KeyBanc Cap Mkts, TIC 4.0437%
TD Securities, TIC 4.0456%
StoneX Fin Inc., TIC 4.0511%
Bernardi Securities, TIC 4.0641%
Charter Township of Madison
Jan 9, 2025 $4,500,000
2025 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Jan 30, 2025.
Due Apr 1, 2026 to 2045.
Callable Apr 1, 2035 at par.
Winning bid: Baird, at 102.8931, TIC 4.0122%.
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, FMSbonds, Inc., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Blaylock Van, LLC, First Bankers' Banc Securities Inc., Mountainside Securities LLC, 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 4.0865%
BOK Fin Secs, TIC 4.1195%
Livingston County
Jan 8, 2025 $4,650,000
Sewage Disposal Bonds, Series 2025 (Septage Receiving Station) (book entry).
Dated Jan 28, 2025.
Due May 1, 2029 to 2050.
Callable May 1, 2034 at par.
Winning bid: TD Securities, at 100.0245, TIC 4.0439%.
L.O.: Dickinson Wright PLLC, Troy, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Fidelity Capital, TIC 4.1427%
Baird, TIC 4.2413%
BOK Fin Secs, TIC 4.248%
StoneX Fin Inc., TIC 4.2483%
Hilltop Securities, TIC 4.378%
Oakland-Macomb Interceptor Drain Drainage District
Jan 9, 2025 $3,155,000
Drain Bonds, Series 2025 (General Obligation Limited Tax) (bank qualified).
Dated Jan 30, 2025.
Due Jul 1, 2025 to 2044.
Callable Jul 1, 2034 at par.
Winning bid: Baird, at 104.3475, TIC 3.8758%.
Other managers: CL King & Associates, Fidelity Capital Markets, Edward Jones, Crews & Associates, Inc., Northland Securities, Inc., Oppenheimer & Co., Inc., The Baker Group, Middlegate Securities, A.G.P./Alliance Global Partners, Cadz Securities Inc,, Carty & Company, Inc., Celadon Financial Group, LLC, FMSbonds, Inc., Midland Securities Ltd, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, Blaylock Van, LLC, Mountainside Securities LLC, Caldwell Sutter Capital, Inc..
L.O.: Clark Hill P.L.C., Detroit, MI.
F.A.: MFCI, LLC, Milford, MI.
Other bidders were:
StoneX Fin Inc., TIC 3.9467%
Hilltop Securities, TIC 3.9662%
Brownstone Inv Grp, TIC 3.9707%
Bernardi Securities, TIC 4.0083%
Stifel Nicolaus, TIC 4.0318%
NEW JERSEY
Dover (Town)
Jan 9, 2025 $28,739,000
$28,739,000 Bond Anticipation Notes, Series 2025 Consisting of $18,203,580 General Improvement Bond Anticipation Notes, Series 2025 and $10,535,420 Water Utility Bond Anticipation Notes, Series 2025 (book entry).
Dated Jan 22, 2025.
Due Jan 21, 2026.
Purchased $28,739,000.00 by BNY Mellon Cap Mkts, at 4.5%, plus $401,285.53, effective rate 3.0998%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
Other bidders were:
TD Securities, Effective Rate 3.1597%
Jefferies, Effective Rate 3.1687%
Oppenheimer, Effective Rate 3.1777%
Plumsted Township
Jan 9, 2025 $3,893,223
Bond Anticipation Note (bank qualified).
Dated Jan 21, 2025.
Due Aug 27, 2025.
Purchased $3,893,223.00 by Piper Sandler, at 4.0%, plus $5,022.26, effective rate 3.78%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Oppenheimer, Effective Rate 4.3616%
South Amboy (City)
Jan 9, 2025 $5,000,000
Bond Anticipation Notes, Series 2025 (bank qualified) (book entry).
Dated Jan 23, 2025.
Due Jan 22, 2026.
Purchased $5,000,000.00 by TD Securities, at 4.0%, plus $33,200.00, effective rate 3.3342%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.3378%
Piper Sandler, Effective Rate 3.4592%
Manasquan Bk, Effective Rate 3.47%
Oppenheimer, Effective Rate 3.4819%
Jefferies, Effective Rate 3.4966%
Amboy Bank, Effective Rate 3.85%
NEW YORK
Port Jefferson Union Free School District
Jan 9, 2025 $11,400,000
Bond Anticipation Notes - 2025.
Dated Jan 23, 2025.
Due Jan 23, 2026.
Purchased $11,400,000.00 by Oppenheimer, at 4.0%, plus $85,555.00, effective rate 3.2495%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.2859%
Jefferies, Effective Rate 3.305%
TEXAS
Brazoria County Municipal Utility District No. 55
Jan 9, 2025 $17,965,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Feb 1, 2025.
Due Sep 1, 2026 to 2049.
Callable Feb 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0000, NIC 4.3572%.
Other managers: FHN Financial Capital Markets, Intercoastal Capital Markets, Inc., M. E. Allison & Co., Inc., R. Seelaus & Co., Inc., Ramirez & Co., Inc., CINCaP Investment Group, Estrada Hinojosa & Company, Inc., Carty & Company, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
UMB Bank, NIC 4.3695%
Raymond James, NIC 4.3793%
Northland Securities, NIC 4.3843%
Hilltop Securities, NIC 4.4047%
Jefferies, NIC 4.6423%
Jonah Water Special Utility District
Jan 9, 2025 $14,690,000
Revenue Bonds, Series 2025 (book entry).
Dated Jan 1, 2025.
Due Jul 1, 2027 to 2055.
Callable Jul 1, 2032 at par.
Winning bid: Baird, at 97.0000, NIC 4.3061%.
Other managers: CL King & Associates, Edward Jones, Davenport & Company LLC, Northland Securities, Inc., Stifel, Nicolaus & Co., Inc., Colliers Securities LLC, Bernardi Securities, Inc., Celadon Financial Group, LLC, First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc..
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX; and Specialized Public Finance Inc., Austin, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.3669%
TD Securities, NIC 4.428%
Raymond James, NIC 4.4417%
Hilltop Securities, NIC 4.5117%
Crews & Associates, NIC 4.578%
Montgomery County Municipal Utility District No. 88
Jan 9, 2025 $9,760,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Feb 1, 2025.
Due Sep 1, 2029 to 2052.
Callable Sep 1, 2031 at par.
Winning bid: Baird, at 97.0000, NIC 4.5196%.
Other managers: CL King & Associates, Edward Jones, Bernardi Securities, Inc., Celadon Financial Group, LLC, A.G.P./Alliance Global Partners, Northland Securities, Inc., First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: Mitchell & Zientek, LLP, Woodlands, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.5356%
Fidelity Capital, NIC 4.5597%
Raymond James, NIC 4.5608%
Hilltop Securities, NIC 4.6147%
Crews & Associates, NIC 4.6833%
Montgomery County Municipal Utility District No. 92
Jan 9, 2025 $8,000,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Feb 1, 2025.
Due Apr 1, 2026 to 2048.
Callable Apr 1, 2030 at par.
Winning bid: Raymond James, at 97.4368, NIC 4.293%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
Baird, NIC 4.308%
SAMCO Cap Mkts, NIC 4.342%
Fidelity Capital, NIC 4.3985%
Hilltop Securities, NIC 4.4132%
UTAH
Provo City
Jan 8, 2025 $29,000,000
Wastewater Revenue Bonds, Series 2025A (book entry).
Dated Jan 16, 2025.
Due Sep 1, 2025 to 2044.
Callable Mar 1, 2034 at par.
Winning bid: BofA Securities, at 106.7962, TIC 3.7587%.
L.O.: Chapman and Cutler LLP, Salt Lake City, UT.
F.A.: Zions Public Finance, Salt Lake City, UT.
Other bidders were:
Fidelity Capital, TIC 3.7785%
Baird, TIC 3.7855%
JPMorgan, TIC 3.7951%
BNY Mellon Cap Mkts, TIC 3.7997%
KeyBanc Cap Mkts, TIC 3.8095%
Morgan Stanley, TIC 3.8228%
Jefferies, TIC 3.8296%
Mesirow Financial, TIC 3.8299%
Piper Sandler, TIC 3.831%
Wells Fargo Corp, TIC 3.837%
TD Securities, TIC 3.8499%
Hilltop Securities, TIC 3.8597%
StoneX Fin Inc., TIC 3.8681%