CALIFORNIA
Moulton Niguel Water District
Feb 25, 2025 $71,260,000
2025 Certificates of Participation (book entry).
Dated Mar 11, 2025.
Due Sep 1, 2025 to 2054.
Callable Mar 1, 2035 at par.
Winning bid: Fifth Third Secs, at 112.6926, TIC 3.9781%.
L.O.: Norton Rose Fulbright US LLP, Los Angeles, CA.
F.A.: PFM Financial Advisors LLC, Los Angeles, CA; and PFM Financial Advisors LLC, Charlotte, NC.
Other bidders were:
Morgan Stanley, TIC 3.9787%
BofA Securities, TIC 3.9867%
UBS Financial Svcs, TIC 3.9869%
Mesirow Financial, TIC 4.0038%
Hilltop Securities, TIC 4.0192%
Fidelity Capital, TIC 4.028%
KeyBanc Cap Mkts, TIC 4.0332%
Wells Fargo Corp, TIC 4.04%
RBC Capital Mkts, TIC 4.0428%
TD Securities, TIC 4.0475%
Truist Secs, Inc., TIC 4.0511%
JPMorgan, TIC 4.0575%
Baird, TIC 4.0628%
FLORIDA
Florida Department of Transportation
Feb 27, 2025 $205,650,000
Turnpike Revenue Refunding Bonds Series 2025A (book entry).
Dated Apr 2, 2025.
Due Jul 1, 2026 to 2038.
Callable Jul 1, 2035 at par.
Winning bid: Jefferies, at 113.2716, TIC 2.9482%.
L.O.: Greenberg Traurig, P.A., Miami, FL.
F.A.: Division of Bond Finance, Tallahassee, FL.
Other bidders were:
JPMorgan, TIC 2.9715%
Wells Fargo Corp, TIC 2.99%
RBC Capital Mkts, TIC 2.9923%
BofA Securities, TIC 2.9995%
Morgan Stanley, TIC 3.0113%
Fifth Third Secs, TIC 3.0118%
BNY Mellon Cap Mkts, TIC 3.0256%
KANSAS
Wyandotte County/Kansas City Unified Government
Feb 27, 2025 $81,020,000
General Obligation Improvement Bonds, Series 2025A (General Obligations Payable from Unlimited Ad Valorem Taxes) (book entry).
Dated Mar 27, 2025.
Due Aug 1, 2026 to 2045.
Callable Aug 1, 2034 at par.
Winning bid: UBS Financial Svcs, at 108.6451, TIC 3.8121%.
L.O.: Gilmore & Bell, Kansas City, MO.
F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN.
Other bidders were:
Morgan Stanley, TIC 3.8295%
Jefferies, TIC 3.83%
JPMorgan, TIC 3.8317%
Mesirow Financial, TIC 3.8395%
Baird, TIC 3.8475%
TD Securities, TIC 3.8532%
Piper Sandler, TIC 3.8715%
Wells Fargo Corp, TIC 3.8839%
Truist Secs, Inc., TIC 3.9247%
MASSACHUSETTS
Marion (Town)
Feb 27, 2025 $11,700,000
General Obligation Municipal Purpose Loan of 2025 Bonds (book entry).
Dated Mar 13, 2025.
Due Mar 1, 2026 to 2045.
Callable Mar 1, 2033 at par.
Winning bid: Hilltop Securities, at 107.1493, TIC 3.3361%.
L.O.: Troutman Pepper Locke LLP (as successor to Locke Lord LLP), Boston, MA.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Loop Capital, TIC 3.357%
Baird, TIC 3.3648%
BNY Mellon Cap Mkts, TIC 3.3815%
Roosevelt & Cross, TIC 3.3901%
StoneX Fin Inc., TIC 3.3995%
TD Securities, TIC 3.4003%
Fidelity Capital, TIC 3.4097%
UMB Bank, TIC 3.4105%
UBS Financial Svcs, TIC 3.4117%
FHN Fin Cap Mkts, TIC 3.4156%
Janney Montgomery, TIC 3.4172%
Mesirow Financial, TIC 3.4378%
Huntington Secs, TIC 3.4413%
KeyBanc Cap Mkts, TIC 3.5062%
MICHIGAN
Montcalm Community College
Feb 26, 2025 $5,185,000
Community College Facilities Bonds, Series 2025 (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Mar 20, 2025.
Due May 1, 2029 to 2055.
Callable May 1, 2035 at par.
Winning bid: TD Securities, at 107.8732, TIC 4.3793%.
L.O.: Dykema Gossett PLLC, Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.
Other bidders were:
Baird, TIC 4.436%
Raymond James, TIC 4.4414%
Hilltop Securities, TIC 4.4456%
Stifel Nicolaus, TIC 4.4982%
Ottawa County
Feb 27, 2025 $1,840,000
Ottawa County Water Supply Bonds (Crockery Township Improvements) (General Obligation Limited Tax) (book entry).
Dated Mar 19, 2025.
Due Nov 1, 2025 to 2044.
Callable Nov 1, 2034 at par.
Winning bid: TD Securities, at 105.4510, TIC 3.6523%.
L.O.: Dickinson Wright PLLC, Troy, MI.
F.A.: MFCI, LLC, Milford, MI.
Other bidders were:
StoneX Fin Inc., TIC 3.718%
Baird, TIC 3.725%
BOK Fin Secs, TIC 3.9188%
NEW JERSEY
Fairfield Township
Feb 27, 2025 $5,874,000
Bond Anticipation Notes (bank qualified).
Dated Mar 6, 2025.
Due Mar 5, 2026.
Purchased $5,874,000.00 by Piper Sandler, at 4.0%, plus $3,583.14, effective rate 3.9388%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Columbia Bank, Effective Rate 4.0%
NEW MEXICO
Albuquerque Metropolitan Arroyo Flood Control Authority
Feb 27, 2025 $12,500,000
General Obligation Bonds, Series 2025A (book entry).
Dated Mar 20, 2025.
Due Aug 1, 2025 to 2034.
Callable Aug 1, 2032 at par.
Winning bid: Huntington Secs, at 106.7767, TIC 2.8597%.
L.O.: Modrall, Sperling, Roehl, Harris & Sisk, Albuquerque, NM.
F.A.: RBC Capital Markets, Albuquerque, NM.
Other bidders were:
FHN Fin Cap Mkts, TIC 2.9091%
Hilltop Securities, TIC 2.9172%
Jefferies, TIC 2.9495%
Stifel Nicolaus, TIC 2.9598%
UMB Bank, TIC 2.9766%
TD Securities, TIC 2.9983%
Truist Secs, Inc., TIC 2.9988%
Mesirow Financial, TIC 3.0073%
StoneX Fin Inc., TIC 3.0135%
Piper Sandler, TIC 3.0188%
Baird, TIC 3.0522%
NEW YORK
Camillus (Town)
Feb 27, 2025 $6,245,946
General Obligations Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Mar 13, 2025.
Due Mar 13, 2026.
Purchased $6,245,946.00 by Jefferies, at 4.0%, plus $52,157.00, effective rate 3.1649%.
L.O.: Bond, Schoeneck & King, PLLC, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Piper Sandler, Effective Rate 3.178%
TD Securities, Effective Rate 3.193%
Oppenheimer, Effective Rate 3.2482%
BNY Mellon Cap Mkts, Effective Rate 3.2831%
Fayette (Town)
Feb 27, 2025 $1,747,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Mar 19, 2025.
Due Mar 18, 2026.
Purchased $1,747,000.00 by Lyons National Bk, at 3.47%, effective rate 3.47%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.09%
Oppenheimer, Effective Rate 4.2249%
Glenville (Town)
Feb 27, 2025 $3,181,000
Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Mar 13, 2025.
Due Mar 13, 2026.
Purchased $3,181,000.00 by BNY Mellon Cap Mkts, at 4.25%, plus $32,271.24, effective rate 3.2355%.
L.O.: Roemer, Wallens & Mineaux, LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 3.291%
Oppenheimer, Effective Rate 3.7311%
Pioneer Bank, Effective Rate 3.75%
Bank of Greene Co, Effective Rate 3.89%
Gorham-Middlesex Central School District
Feb 27, 2025 $5,500,000
Bond Anticipation Notes, 2025.
Dated Mar 20, 2025.
Due Jul 16, 2025.
Purchased $5,500,000.00 by Piper Sandler, at 3.75%, plus $2,585.00, effective rate 3.6041%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.7068%
Highland Falls Village
Feb 27, 2025 $4,375,000
Bond Anticipation Notes, 2025 Series A.
Dated Mar 11, 2025.
Due Mar 11, 2026.
Purchased $4,375,000.00 by BNY Mellon Cap Mkts, at 4.0%, plus $39,669.43, effective rate 3.0933%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 3.185%
Oppenheimer, Effective Rate 3.197%
Piper Sandler, Effective Rate 3.211%
TD Securities, Effective Rate 3.228%
Holland Central School District
Feb 27, 2025 $385,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Mar 13, 2025.
Due Mar 13, 2026.
Purchased $385,000.00 by Roosevelt & Cross, at 4.0%, plus $1,213.00, effective rate 3.6849%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Capital Markets Advisors, LLC, Orchard Park, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 4.09%
Oppenheimer, Effective Rate 4.1786%
Patchogue Village
Feb 26, 2025 $3,340,000
Public Improvement (Serial) Bonds, 2025 (bank qualified).
Dated Mar 19, 2025.
Due Mar 15, 2026 to 2045.
Callable Mar 15, 2033 at par.
Winning bid: Loop Capital, at 101.3077, NIC 3.6563%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Roosevelt & Cross, NIC 3.66%
Baird, NIC 3.6777%
BNY Mellon Cap Mkts, NIC 3.6882%
TD Securities, NIC 3.7196%
Raymond James, NIC 3.7514%
Bank of Greene Co, NIC 4.9%
Voorheesville Central School District
Feb 27, 2025 $350,000
School District Serial Bonds - 2025.
Dated Mar 13, 2025.
Due Jun 15, 2026 to 2029.
Non-callable.
Winning bid: Roosevelt & Cross, at n/a, NIC 3.9863%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Bernard P. Donegan, Inc., Fairport, NY.
Other bidders were:
Bank of Greene Co, NIC 4.6475%
OKLAHOMA
Tulsa Public Facilities Authority
Feb 27, 2025 $10,075,000
Capital Improvements Revenue Bonds, Series 2025 (book entry).
Dated Mar 12, 2025.
Due Mar 1, 2026 to 2045.
Callable Mar 1, 2033 at par.
Winning bid: BOK Fin Secs, at 102.0790, TIC 3.7666%.
L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.
F.A.: Municipal Official(s).
Other bidders were:
UBS Financial Svcs, TIC 3.7989%
Baird, TIC 3.8372%
TD Securities, TIC 3.849%
StoneX Fin Inc., TIC 3.8546%
KeyBanc Cap Mkts, TIC 3.8836%
Mesirow Financial, TIC 3.9201%
PENNSYLVANIA
Chambersburg Borough
Feb 26, 2025 $9,995,000
General Obligation Bonds, Series of 2025 (bank qualified) (book entry).
Dated Apr 3, 2025.
Due Aug 1, 2026 to 2050.
Callable Feb 1, 2030 at par.
Winning bid: Janney Montgomery, at n/a, TIC 3.9892%.
L.O.: Eckert, Seamans, Cherin & Mellott, Harrisburg, PA.
F.A.: PFM Financial Advisors LLC, Harrisburg, PA.
Other bidders were:
BNY Mellon Cap Mkts, TIC 3.993%
Baird, TIC 4.0079%
Bancroft Capital, TIC 4.1415%
TEXAS
Block House Municipal Utility District
Feb 26, 2025 $3,150,000
Unlimited Tax Park Bonds, Series 2025 (bank qualified) (book entry).
Dated Mar 27, 2025.
Due Apr 1, 2026 to 2035.
Callable Apr 1, 2032 at par.
Winning bid: TD Securities, at 103.2770, NIC 3.5157%.
L.O.: McCall Parkhurst & Horton, Austin, TX; and State Attorney General.
F.A.: Public Finance Group LLC, Austin, TX.
Other bidders were:
Raymond James, NIC 3.579%
Baird, NIC 3.6007%
Hilltop Securities, NIC 3.6485%
SAMCO Cap Mkts, NIC 3.6619%
BOK Fin Secs, NIC 3.6924%
Fidelity Capital, NIC 3.6956%
Baker Group, NIC 3.7282%
UMB Bank, NIC 3.7754%
Springtown (City)
Feb 27, 2025 $4,820,000
Combination Tax and Revenue Certificates of Obligation, Series 2025 (bank qualified) (book entry).
Dated Feb 15, 2025.
Due Aug 15, 2027 to 2050.
Callable Aug 15, 2035 at par.
Winning bid: Baird, at 98.8599, TIC 4.2172%.
Other managers: CL King & Associates, Edward Jones, SouthState | DuncanWilliams Securities Corp., Northland Securities, Inc., Isaak Bond Investments, Inc., Country Club Bank, Carty, Harding, & Hearn, Inc., A.G.P./Alliance Global Partners, Cadz Securities Inc,, Celadon Financial Group, LLC, Bernardi Securities, Inc., FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd, First Southern LLC, Dinosaur Securities, Mountainside Securities LLC, Blaylock Van, LLC, Caldwell Sutter Capital, Inc..
L.O.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Baker Group, TIC 4.2289%
Bancroft Capital, TIC 4.2718%
SAMCO Cap Mkts, TIC 4.2937%
BOK Fin Secs, TIC 4.3116%
Raymond James, TIC 4.3543%
WISCONSIN
Chippewa Valley Technical College District
Feb 27, 2025 $1,500,000
General Obligation Promissory Notes, Series 2025B (book entry).
Dated Mar 20, 2025.
Due Apr 1, 2029 to 2032.
Non-callable.
Winning bid: BNY Mellon Cap Mkts, at 104.3026, TIC 2.9828%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Baird, Milwaukee, WI.
Other bidders were:
FHN Fin Cap Mkts, TIC 3.0215%
TD Securities, TIC 3.0249%
TAXABLE ISSUES
OKLAHOMA
Okmulgee County Independent School District No. 3 (Morris)
Feb 26, 2025 $650,000
Taxable Building Bonds of 2025 (book entry).
Dated Apr 1, 2025.
Due Apr 1, 2027 to 2028.
Non-callable.
Winning bid: Baker Group, at n/a, NIC 4.636%.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Country Club Bank, NIC 4.6618%
BOK Fin Secs, NIC 4.7418%
UMB Bank, NIC 4.9092%
Exchange Bank, NIC 5.05%
VIRGINIA
Virginia Public Building Authority
Feb 26, 2025 $30,070,000
Public Facilities Revenue Bonds, Series 2025B (Federally Taxable) (book entry).
Dated Mar 19, 2025.
Due Aug 1, 2026 to 2030.
Non-callable.
Winning bid: Wells Fargo Corp, at 99.8699, TIC 4.3294%.
L.O.: Kaufman & Canoles, P.C., Richmond, VA.
F.A.: Frasca & Associates, L.L.C., New York, NY.
Other bidders were:
Truist Secs, Inc., TIC 4.3721%
BNY Mellon Cap Mkts, TIC 4.3868%
Baird, TIC 4.3987%
Raymond James, TIC 4.4226%
JPMorgan, TIC 4.4574%
StoneX Fin Inc., TIC 4.4606%
Piper Sandler, TIC 4.4616%
UBS Financial Svcs, TIC 4.486%
Hilltop Securities, TIC 4.4925%
FHN Fin Cap Mkts, TIC 4.4965%
BofA Securities, TIC 4.5653%
Northland Securities, TIC 4.7296%