CALIFORNIA
Marina Coast Water District
Feb 6, 2025 $17,850,000
2025 Enterprise Revenue Refunding Bonds (book entry).
Dated Mar 4, 2025.
Due Jun 1, 2026 to 2037.
Callable Jun 1, 2034 at par.
Winning bid: Hilltop Securities, at 113.8643, TIC 2.7027%.
L.O.: Jones Hall, San Francisco, CA.
F.A.: Fieldman, Rolapp & Associates, Irvine, CA.
Other bidders were:
Mesirow Financial, TIC 2.7189%
TD Securities, TIC 2.7309%
RBC Capital Mkts, TIC 2.7483%
KeyBanc Cap Mkts, TIC 2.7683%
Jefferies, TIC 2.7897%
Baird, TIC 2.7907%
Bancroft Capital, TIC 2.8036%
Brownstone Inv Grp, TIC 2.8072%
Raymond James, TIC 2.8073%
BofA Securities, TIC 2.8094%
Morgan Stanley, TIC 2.8471%
Fifth Third Secs, TIC 2.862%
CONNECTICUT
South Windsor (Town)
Feb 6, 2025 $14,000,000
General Obligation Bonds, Issue of 2025 (book entry).
Dated Feb 18, 2025.
Due Feb 15, 2026 to 2043.
Callable Feb 15, 2032 at par.
Winning bid: Janney Montgomery, at 106.8200, TIC 3.3053%.
L.O.: Robinson & Cole, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
FHN Fin Cap Mkts, TIC 3.3082%
Raymond James, TIC 3.313%
UBS Financial Svcs, TIC 3.3154%
KeyBanc Cap Mkts, TIC 3.3193%
Huntington Secs, TIC 3.325%
Bancroft Capital, TIC 3.327%
Mesirow Financial, TIC 3.3339%
TD Securities, TIC 3.3383%
Roosevelt & Cross, TIC 3.3401%
Loop Capital, TIC 3.3429%
Baird, TIC 3.3432%
BofA Securities, TIC 3.3842%
ILLINOIS
Arlington Heights School District No. 25
Feb 5, 2025 $14,955,000
General Obligation School Bonds, Series 2025 (book entry).
Dated Mar 5, 2025.
Due Dec 15, 2026 to 2044.
Callable Dec 15, 2033 at par.
Winning bid: Janney Montgomery, at 101.8285, TIC 4.0758%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Raymond James & Associates, Inc., Chicago, IL; and Raymond James & Associates, Inc., New York, NY.
Other bidders were:
Hilltop Securities, TIC 4.0789%
FHN Fin Cap Mkts, TIC 4.079%
KeyBanc Cap Mkts, TIC 4.0971%
Baird, TIC 4.143%
Aurora (City)
Feb 6, 2025 $20,845,000
General Obligation Bonds, Series 2025A (book entry).
Dated Feb 20, 2025.
Due Dec 30, 2025 to 2044.
Callable Dec 30, 2034 at par.
Winning bid: Baird, at n/a, TIC 3.8961%.
Other managers: CL King & Associates, Edward Jones, Stifel, Nicolaus & Co., Inc., Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Isaak Bond Investments, Inc., Northland Securities, Inc., Carty, Harding, & Hearn, Inc., Bank of New York Mellon Capital Markets, LLC, Cadz Securities Inc,, A.G.P./Alliance Global Partners, Midland Securities Ltd, Celadon Financial Group, LLC, FMSbonds, Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Country Club Bank, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Hilltop Securities, TIC 3.8998%
KeyBanc Cap Mkts, TIC 3.9378%
Baker Group, TIC 4.0008%
Mesirow Financial, TIC 4.036%
JPMorgan, TIC 4.0619%
Janney Montgomery, TIC 4.0681%
Darien Park District
Feb 6, 2025 $458,825
General Obligation Limited Tax Park Bonds, Series 2025A (bank qualified).
Dated Feb 25, 2025.
Due Dec 15, 2025.
Non-callable.
Winning bid: Time Bank, at n/a, NIC 3.49%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Republic Bk- Chicago, NIC 3.49%
Wintrust Bank, NIC 3.57%
First Secure Comm Bk, NIC 3.87%
Peoples Natl Bk, NIC 4.18%
Darien Park District
Feb 6, 2025 $458,825
General Obligation Limited Tax Park Bonds, Series 2025B (bank qualified).
Dated Feb 25, 2025.
Due Dec 15, 2025.
Non-callable.
Winning bid: Republic Bk- Chicago, at n/a, NIC 3.49%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Time Bank, NIC 3.49%
Wintrust Bank, NIC 3.57%
First Secure Comm Bk, NIC 3.87%
Peoples Natl Bk, NIC 4.18%
St. Charles Park District
Feb 6, 2025 $2,220,355
General Obligation Limited Tax Park Bonds, Series 2025 (bank qualified).
Dated Feb 25, 2025.
Due Nov 1, 2025.
Non-callable.
Winning bid: Time Bank, at n/a, NIC 3.46%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Republic Bk- Chicago, NIC 3.58%
Wintrust Bank, NIC 3.69%
BMO Harris Bank, NIC 3.85%
First Secure Comm Bk, NIC 3.87%
Peoples Natl Bk, NIC 4.13%
KENTUCKY
Daviess County Board of Education
Feb 6, 2025 $12,690,000
General Obligation Bonds, Series 2025 (Kentucky State Intercept Program) (book entry).
Dated Feb 27, 2025.
Due Feb 1, 2026 to 2041.
Callable Feb 1, 2033 at par.
Winning bid: PNC Capital Markets, at 103.0514, TIC 3.7605%.
L.O.: Rubin & Hays, Louisville, KY.
F.A.: Baird, Louisville, KY.
Other bidders were:
Bernardi Securities, TIC 3.831%
Mesirow Financial, TIC 3.8359%
BOK Fin Secs, TIC 3.854%
KeyBanc Cap Mkts, TIC 3.867%
UBS Financial Svcs, TIC 3.8795%
StoneX Fin Inc., TIC 3.8899%
Janney Montgomery, TIC 3.9105%
Northland Securities, TIC 3.9305%
Walton-Verona Independent School District Finance Corporation
Feb 6, 2025 $1,785,000
School Building Revenue Bonds, Series of 2025 (Kentucky School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Feb 27, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2033 at par.
Winning bid: Raymond James, at 101.3779, NIC 3.8824%.
L.O.: Keating, Muething & Klekamp, P.L.L., Cincinnati, OH.
F.A.: RSA Advisors, LLC, Lexington, KY.
Other bidders were:
Bernardi Securities, NIC 3.9667%
CINCap Invest Grp, NIC 3.9689%
Baird, NIC 3.9771%
TD Securities, NIC 4.0245%
Stifel Nicolaus, NIC 4.0515%
MARYLAND
Washington Suburban Sanitary District
Feb 6, 2025 $311,460,000
Consolidated Public Improvement Bonds of 2025 (Green Bonds) (book entry). $283,145,000
Dated Feb 20, 2025.
Due Jun 1, 2025 to 2054.
Callable Jun 1, 2035 at par.
Winning bid: BofA Securities, at n/a, TIC 3.9123%.
Consolidated Public Improvement Bonds of 2025 (Second Series) (Green Bonds) (book entry). $28,315,000
Dated Feb 20, 2025.
Due Jun 1, 2025 to 2054.
Callable Jun 1, 2035 at par.
Winning bid: BofA Securities, at n/a, TIC 3.9123%.
L.O.: McKennon Shelton & Henn LLP, Baltimore, MD.
F.A.: Davenport & Company LLC, Towson, MD.
Other bidders were:
JPMorgan, TIC 3.9341%
Wells Fargo Corp, TIC 3.9995%
Morgan Stanley, TIC 4.0331%
Jefferies, TIC 4.0393%
TD Securities, TIC 4.1108%
MICHIGAN
Howell (City)
Feb 6, 2025 $7,400,000
2025 Capital Improvement Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Feb 27, 2025.
Due Feb 1, 2030 to 2045.
Callable Feb 1, 2035 at par.
Winning bid: KeyBanc Cap Mkts, at 106.3817, TIC 3.8033%.
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: Bendzinski & Company, Grosse Pointe, MI.
Other bidders were:
Hilltop Securities, TIC 3.8495%
Raymond James, TIC 3.87%
Brownstone Inv Grp, TIC 3.8749%
Bernardi Securities, TIC 3.889%
Stifel Nicolaus, TIC 3.9869%
NEW JERSEY
Upper Freehold Regional School District Board of Education
Feb 6, 2025 $20,795,000
Refunding School Bonds, Series 2025 (book entry).
Dated Feb 20, 2025.
Due Jul 15, 2025 to 2032.
Non-callable.
Winning bid: BofA Securities, at 103.6271, NIC 2.6942%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
JPMorgan, NIC 2.739%
KeyBanc Cap Mkts, NIC 2.7398%
Mesirow Financial, NIC 2.7494%
UBS Financial Svcs, NIC 2.7747%
Roosevelt & Cross, NIC 2.7903%
Loop Capital, NIC 2.7989%
Raymond James, NIC 2.801%
Baird, NIC 2.8019%
Janney Montgomery, NIC 2.8083%
Jefferies, NIC 2.8096%
TD Securities, NIC 2.8185%
FHN Fin Cap Mkts, NIC 2.8214%
Brownstone Inv Grp, NIC 2.8312%
NEW YORK
Franklinville Central School District
Feb 6, 2025 $1,000,000
General Obligation School District Serial Bonds, 2025 (bank qualified).
Dated Feb 20, 2025.
Due Feb 15, 2026 to 2030.
Non-callable.
Winning bid: Baird, at n/a, NIC 3.4401%.
Other managers: CL King & Associates, Crews & Associates, Inc., A.G.P./Alliance Global Partners, Dinosaur Securities, Blaylock Van, LLC, Northland Securities, Inc., Cadz Securities Inc,, Carty, Harding, & Hearn, Inc., Celadon Financial Group, LLC, First Southern LLC, Mountainside Securities LLC, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bernardi Securities, NIC 3.7062%
Roosevelt & Cross, NIC 3.7809%
Oppenheimer, NIC 3.9559%
Bank of Greene Co, NIC 4.1923%
Niskayuna (Town)
Feb 6, 2025 $1,632,512
Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Feb 20, 2025.
Due Feb 20, 2026.
Purchased $1,632,512.00 by Oppenheimer, at 4.0%, plus $12,505.00, effective rate 3.234%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.24%
Piper Sandler, Effective Rate 3.322%
Roosevelt & Cross, Effective Rate 3.528%
Arrow Bank, Effective Rate 3.99%
Bank of Greene Co, Effective Rate 4.09%
JPMorgan Chase, Effective Rate 4.19%
Riverhead (Town)
Feb 6, 2025 $19,250,000
Bond Anticipation Notes, 2025 (Renewals) Series A.
Dated Feb 20, 2025.
Due Feb 20, 2026.
Purchased $19,250,000.00 by Truist Secs, Inc., at 3.5%, plus $128,205.00, effective rate 2.834%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 2.865%
Oppenheimer, Effective Rate 2.9019%
TD Securities, Effective Rate 2.987%
Piper Sandler, Effective Rate 3.044%
BNY Mellon Cap Mkts, Effective Rate 3.078%
Union (Town)
Feb 6, 2025 $3,941,600
General Obligation Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Feb 20, 2025.
Due Feb 20, 2026.
Purchased $3,941,600.00 by Piper Sandler, at 3.75%, plus $23,925.51, effective rate 3.143%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.1467%
BNY Mellon Cap Mkts, Effective Rate 3.2079%
TD Securities, Effective Rate 3.299%
Bank of Greene Co, Effective Rate 4.09%
OKLAHOMA
Tulsa County Independent School District No. 11 (Owasso)
Feb 6, 2025 $33,660,000
Combined Purpose Bonds of 2025 (book entry).
Dated Mar 1, 2025.
Due Mar 1, 2028 to 2030.
Non-callable.
Winning bid: Huntington Secs, at 104.4707, NIC 2.98%.
L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.
F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.
Other bidders were:
BOK Fin Secs, NIC 2.9979%
Jefferies, NIC 3.1032%
Wells Fargo Corp, NIC 3.12%
Baird, NIC 3.1383%
JPMorgan, NIC 3.1765%
Janney Montgomery, NIC 3.1974%
UBS Financial Svcs, NIC 3.2406%
Baker Group, NIC 3.362%
SOUTH CAROLINA
Florence County
Feb 6, 2025 $6,000,000
General Obligation Bonds (Florence County Fire Protection District) Series 2025B (book entry).
Dated Feb 20, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2035 at par.
Winning bid: SWBC Investment Svcs, at 109.0706, TIC 3.6213%.
L.O.: Haynsworth Sinkler Boyd, P.A., Florence, SC.
F.A.: First Tryon Advisors, Charlotte, NC.
Other bidders were:
Hilltop Securities, TIC 3.6259%
Brownstone Inv Grp, TIC 3.6468%
UBS Financial Svcs, TIC 3.6482%
KeyBanc Cap Mkts, TIC 3.6582%
Baird, TIC 3.6639%
FHN Fin Cap Mkts, TIC 3.6654%
StoneX Fin Inc., TIC 3.6938%
TD Securities, TIC 3.6957%
BofA Securities, TIC 3.6966%
Raymond James, TIC 3.6978%
Wells Fargo Corp, TIC 3.7537%
Florence County
Feb 6, 2025 $14,000,000
General Obligation Bonds, Series 2025A (book entry).
Dated Feb 20, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2035 at par.
Winning bid: UBS Financial Svcs, at 108.3789, TIC 3.6148%.
L.O.: Haynsworth Sinkler Boyd, P.A., Florence, SC.
F.A.: First Tryon Advisors, Charlotte, NC.
Other bidders were:
Hilltop Securities, TIC 3.6215%
Bancroft Capital, TIC 3.6362%
Baird, TIC 3.6384%
KeyBanc Cap Mkts, TIC 3.6463%
FHN Fin Cap Mkts, TIC 3.655%
Raymond James, TIC 3.6615%
StoneX Fin Inc., TIC 3.6621%
BofA Securities, TIC 3.666%
Truist Secs, Inc., TIC 3.6903%
TD Securities, TIC 3.6975%
Wells Fargo Corp, TIC 3.7091%
TEXAS
Harris County Municipal Utility District No. 165
Feb 6, 2025 $58,400,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Mar 1, 2025.
Due Mar 1, 2027 to 2051.
Callable Sep 1, 2031 at par.
Winning bid: Raymond James, at 98.0000, NIC 4.3341%.
Other managers: Fidelity Capital Markets.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Hilltop Securities, NIC 4.3428%
Northland Securities, NIC 4.3697%
SAMCO Cap Mkts, NIC 4.3743%
Jefferies, NIC 4.4787%
Harris County Municipal Utility District No. 504
Feb 6, 2025 $7,500,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Mar 1, 2025.
Due Sep 1, 2027 to 2053.
Callable Sep 1, 2030 at par.
Winning bid: Baird, at 97.0000, NIC 4.263%.
Other managers: CL King & Associates, Edward Jones, Northland Securities, Inc., Crews & Associates, Inc., Oppenheimer & Co., Inc., Bernardi Securities, Inc., Midland Securities Ltd, Celadon Financial Group, LLC, First Southern LLC, Multi-Bank Securities Inc., Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Rathmann & Associates, L.P., Houston, TX.
Other bidders were:
Raymond James, NIC 4.2709%
Hilltop Securities, NIC 4.2719%
SAMCO Cap Mkts, NIC 4.286%
UMB Bank, NIC 4.29%
RBC Capital Mkts, NIC 4.3542%
WISCONSIN
Menomonee Falls Village
Feb 6, 2025 $17,120,000
General Obligation Promissory Notes, Series 2025A (book entry).
Dated Feb 26, 2025.
Due Feb 1, 2026 to 2045.
Callable Feb 1, 2033 at par.
Winning bid: FHN Fin Cap Mkts, at 109.3083, TIC 3.4151%.
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., Zeus Financial, LLC.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
Hilltop Securities, TIC 3.4409%
KeyBanc Cap Mkts, TIC 3.4606%
Baird, TIC 3.5155%
Fifth Third Secs, TIC 3.5203%
BOK Fin Secs, TIC 3.5333%
Janney Montgomery, TIC 3.5812%
Mesirow Financial, TIC 3.6%
TAXABLE ISSUES
WISCONSIN
Menomonee Falls Village
Feb 6, 2025 $2,015,000
Taxable General Obligation Refunding Promissory Notes, Series 2025B (book entry).
Dated Feb 26, 2025.
Due Feb 1, 2028 to 2031.
Non-callable.
Winning bid: Piper Sandler, at 102.0043, TIC 4.501%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Ehlers, Waukesha, WI; and Ehlers, Roseville, MN.
Other bidders were:
Hilltop Securities, TIC 4.5649%
BOK Fin Secs, TIC 4.5659%
Baird, TIC 4.599%
Northland Securities, TIC 4.6261%
Bernardi Securities, TIC 4.6638%
United Banker's Bk, TIC 4.7097%