ALABAMA
Mobile (City)
Mar 5, 2025 $222,510,000
General Obligation Warrants, Series 2025A (book entry).
Dated Mar 13, 2025.
Due Feb 15, 2031 to 2045.
Callable Feb 15, 2035 at par.
Winning bid: JPMorgan, at 112.6243, TIC 3.7966%.
L.O.: Maynard Nexsen PC, Mobile, AL.
F.A.: PFM Financial Advisors LLC, Huntsville, AL; and PFM Financial Advisors LLC, Atlanta, GA.
Other bidders were:
Wells Fargo Corp, TIC 3.81%
Morgan Stanley, TIC 3.8247%
Hilltop Securities, TIC 3.829%
BofA Securities, TIC 3.8308%
Mesirow Financial, TIC 3.8594%
Jefferies, TIC 3.8606%
TD Securities, TIC 3.8868%
CALIFORNIA
Tustin Unified School District
Mar 6, 2025 $87,000,000
General Obligation Bonds, Election of 2024, Series 2025 (book entry).
Dated Mar 20, 2025.
Due Aug 1, 2026 to 2055.
Callable Aug 1, 2034 at par.
Winning bid: FHN Fin Cap Mkts, at 101.6701, TIC 3.9641%.
Other managers: Raymond James & Associates, Inc., Fidelity Capital Markets, SAMCO Capital Markets, Wedbush Securities Inc., Advisors Asset Management Inc, SumRidge Partners, LLC, Intercoastal Capital Markets, Inc..
L.O.: Jones Hall, San Francisco, CA.
F.A.: Government Financial Services Joint Power Authority, Sacramento, CA.
Other bidders were:
Mesirow Financial, TIC 3.9964%
Baird, TIC 4.0161%
BofA Securities, TIC 4.021%
UBS Financial Svcs, TIC 4.0386%
Wells Fargo Corp, TIC 4.0529%
TD Securities, TIC 4.0682%
Morgan Stanley, TIC 4.0837%
Jefferies, TIC 4.1025%
JPMorgan, TIC 4.1145%
RBC Capital Mkts, TIC 4.1166%
CONNECTICUT
New London (City)
Mar 6, 2025 $5,673,000
General Obligation Bonds, Issue of 2025 (book entry).
Dated Mar 13, 2025.
Due Mar 15, 2028 to 2045.
Callable Mar 15, 2032 at par.
Winning bid: Roosevelt & Cross, at 105.9845, TIC 3.4809%.
Other managers: Intercoastal Capital Markets, Inc., Oppenheimer & Co., Inc., R. Seelaus & Co., Inc., Edward Jones, CINCaP Investment Group.
L.O.: Tobin Carberry O'Malley Riley & Selinger, P.C., New London, CT.
F.A.: Munistat Services, Inc., Madison, CT.
Other bidders were:
StoneX Fin Inc., TIC 3.5074%
Fidelity Capital, TIC 3.5259%
FHN Fin Cap Mkts, TIC 3.5438%
Bancroft Capital, TIC 3.5588%
Baird, TIC 3.5663%
Huntington Secs, TIC 3.6198%
UMB Bank, TIC 3.6318%
TD Securities, TIC 3.6323%
Hilltop Securities, TIC 3.742%
New London (City)
Mar 6, 2025 $12,500,000
General Obligation Bond Anticipation Notes Series B (book entry).
Dated Mar 21, 2025.
Due Mar 12, 2026.
Purchased $12,500,000.00 by Jefferies, at 4.0%, plus $145,500.00, effective rate 2.8062%.
L.O.: Tobin Carberry O'Malley Riley & Selinger, P.C., New London, CT.
F.A.: Munistat Services, Inc., Madison, CT.
Other bidders were:
Janney Montgomery, Effective Rate 2.8256%
Oppenheimer, Effective Rate 2.8338%
Fidelity Capital, Effective Rate 2.8636%
Piper Sandler, Effective Rate 2.9354%
New London (City)
Mar 6, 2025 $27,774,000
General Obligations Bond Anticipation Notes, Series A (book entry).
Dated Mar 13, 2025.
Due Mar 12, 2026.
Purchased $27,774,000.00 by Janney Montgomery, at 4.0%, plus $334,676.70, effective rate 2.7916%.
L.O.: Tobin Carberry O'Malley Riley & Selinger, P.C., New London, CT.
F.A.: Munistat Services, Inc., Madison, CT.
Other bidders were:
Oppenheimer, Effective Rate 2.8338%
Jefferies, Effective Rate 2.8348%
Fidelity Capital, Effective Rate 2.9842%
ILLINOIS
Riverside Village
Mar 6, 2025 $6,065,000
General Obligation Bonds (Waterworks and Sewerage System Alternate Revenue Source), Series 2025 (bank qualified) (book entry).
Dated Mar 20, 2025.
Due May 1, 2026 to 2045.
Callable May 1, 2034 at par.
Winning bid: Baird, at n/a, TIC 3.979%.
Other managers: CL King & Associates, Edward Jones, Fidelity Capital Markets, UMB Bank, N.A., Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Carty, Harding, & Hearn, Inc., The Baker Group, Cadz Securities Inc,, Oppenheimer & Co., Inc., Celadon Financial Group, LLC, FMSbonds, Inc., First Kentucky Securities Corp., Midland Securities Ltd, First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Bank of New York Mellon Capital Markets, LLC, Valdes & Moreno, Inc., A.G.P./Alliance Global Partners, 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:
Stifel Nicolaus, TIC 4.0077%
Raymond James, TIC 4.0675%
Hilltop Securities, TIC 4.1618%
Northland Securities, TIC 4.1861%
MASSACHUSETTS
Hatfield (Town)
Mar 6, 2025 $7,023,000
General Obligation Bond Anticipation Notes (book entry).
Dated Mar 18, 2025.
Due Oct 31, 2025.
Purchased $7,023,000.00 by Jefferies, at 4.0%, plus $51,057.21, effective rate 2.8264%.
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:
Piper Sandler, Effective Rate 2.8799%
Oppenheimer, Effective Rate 2.899%
TD Securities, Effective Rate 3.0814%
Fidelity Capital, Effective Rate 3.0847%
BNY Mellon Cap Mkts, Effective Rate 3.0964%
Wellfleet (Town)
Mar 6, 2025 $800,000
Bond Anticipation Notes (bank qualified).
Dated Mar 21, 2025.
Due Sep 4, 2025.
Purchased $800,000.00 by UniBank Fiscal Adv, at 4.3%, effective rate 4.3%.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
Cape Cod 5 Cents Svg, Effective Rate 4.6%
Piper Sandler, Effective Rate 4.69%
NEW JERSEY
Palisades Park Borough
Mar 5, 2025 $8,631,872
$8,631,872 Bond Anticipation Notes, Consisting of: $7,966,812 General Bond Anticipation Note and $665,060 Swimming Pool Utility Bond Anticipation Note (bank qualified).
Dated Mar 12, 2025.
Due Mar 11, 2026.
Purchased $8,631,872.00 by BNY Mellon Cap Mkts, at 4.25%, plus $73,305.31, effective rate 3.398%.
L.O.: McManimon Scotland & Baumann, Roseland, NJ.
F.A.: Municipal Official(s).
Other bidders were:
Piper Sandler, Effective Rate 3.86%
West Orange Township
Mar 6, 2025 $11,439,928
Bond Anticipation Notes, Series 2025.
Dated Mar 20, 2025.
Due Mar 19, 2026.
Purchased $11,439,928.00 by TD Securities, at 4.0%, plus $136,821.53, effective rate 2.8007%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: Phoenix Advisors, Hamilton, NJ.
Other bidders were:
Jefferies, Effective Rate 2.8448%
Oppenheimer, Effective Rate 2.8829%
BNY Mellon Cap Mkts, Effective Rate 3.0434%
NEW YORK
Bay Shore Union Free School District
Mar 6, 2025 $35,000,000
Bond Anticipation Notes, 2025.
Dated Mar 13, 2025.
Due Jul 15, 2025.
Purchased $35,000,000.00 by Jefferies, at 4.0%, plus $120,400.00, effective rate 2.9849%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Capital Markets Advisors, LLC, Great Neck, NY.
Other bidders were:
TD Securities, Effective Rate 3.0844%
Oppenheimer, Effective Rate 3.3479%
Delaware Academy Central School District at Delhi
Mar 6, 2025 $5,000,000
General Obligations Bond Anticipation Notes, 2025.
Dated Mar 18, 2025.
Due Jul 23, 2025.
Purchased $5,000,000.00 by Piper Sandler, at 3.75%, plus $7,600.00, effective rate 3.3122%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.4404%
BNY Mellon Cap Mkts, Effective Rate 3.8765%
North Hempstead (Town)
Mar 6, 2025 $16,205,000
General Obligations Public Improvement (Serial) Bonds - 2025 Series A.
Dated Mar 20, 2025.
Due Mar 15, 2026 to 2040.
Callable Mar 15, 2033 at par.
Winning bid: Mesirow Financial, at n/a, NIC 3.0658%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
UBS Financial Svcs, NIC 3.0689%
Janney Montgomery, NIC 3.0743%
BofA Securities, NIC 3.0747%
RBC Capital Mkts, NIC 3.0768%
FHN Fin Cap Mkts, NIC 3.0818%
Cabrera Cap Mkts, NIC 3.0895%
TD Securities, NIC 3.0902%
Piper Sandler, NIC 3.091%
Loop Capital, NIC 3.094%
StoneX Fin Inc., NIC 3.0982%
Baird, NIC 3.1008%
Huntington Secs, NIC 3.1146%
Roosevelt & Cross, NIC 3.1152%
Raymond James, NIC 3.116%
Jefferies, NIC 3.1232%
Bancroft Capital, NIC 3.1341%
North Hempstead (Town)
Mar 6, 2025 $85,016,115
General Obligations Bond Anticipation Notes - 2025 Series A.
Dated Mar 20, 2025.
Due Mar 20, 2026.
Purchased $85,016,115.00 by Jefferies, at 4.0%, plus $1,058,458.00, effective rate 2.755%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Wells Fargo Corp, Effective Rate 2.8199%
TD Securities, Effective Rate 2.89%
Oppenheimer, Effective Rate 2.9267%
BofA Securities, Effective Rate 2.957%
Pembroke (Town)
Mar 6, 2025 $4,000,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Mar 27, 2025.
Due Mar 26, 2026.
Purchased $4,000,000.00 by Piper Sandler, at 4.0%, plus $36,360.00, effective rate 3.0884%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.1477%
Oppenheimer, Effective Rate 3.2438%
Bank of Greene Co, Effective Rate 4.19%
Seneca Falls Central School District
Mar 6, 2025 $500,000
Bond Anticipation Notes, 2025
Dated Mar 20, 2025.
Due Jun 27, 2025.
Purchased $500,000.00 by Oppenheimer, at 5.375%, plus $50.00, effective rate 5.3379%.
L.O.: Harris Beach PLLC, Pittsford, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Bank of Greene Co, Effective Rate 5.39%
Washington County
Mar 6, 2025 $11,140,846
General Obligations Bond Anticipation Notes, 2025.
Dated Mar 20, 2025.
Due Mar 20, 2026.
Purchased $11,140,846.00 by Jefferies, at 4.0%, plus $116,538.00, effective rate 2.954%.
L.O.: Bartlett, Pontiff, Stewart & Rhodes, P.C., Glens Falls, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
BNY Mellon Cap Mkts, Effective Rate 3.0365%
Oppenheimer, Effective Rate 3.0786%
Arrow Bank, Effective Rate 3.89%
OKLAHOMA
Sequoyah County Independent School District No. 2 (Vian)
Mar 6, 2025 $730,000
Building Bonds of 2025 (bank qualified) (book entry).
Dated May 1, 2025.
Due May 1, 2027.
Non-callable.
Winning bid: BOK Fin Secs, at n/a, NIC 3.4205%.
In association with: National Bank of Sallisaw.
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 3.4975%
Baker Group, NIC 3.7955%
Exchange Bank, NIC 4.0%
TEXAS
Brenham (City)
Mar 6, 2025 $28,165,000
Combination Tax and Revenue Certificates of Obligation, Series 2025 (book entry).
Dated Apr 1, 2025.
Due Aug 15, 2026 to 2045.
Callable Aug 15, 2034 at par.
Winning bid: BOK Fin Secs, at 106.5243, TIC 3.7822%.
L.O.: Bracewell LLP, Austin, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Austin, TX.
Other bidders were:
SWBC Investment Svcs, TIC 3.832%
Jefferies, TIC 3.8496%
Fidelity Capital, TIC 3.8687%
Baird, TIC 3.8721%
Wells Fargo Corp, TIC 3.9482%
Hilltop Securities, TIC 3.9806%
Cameron County
Mar 5, 2025 $7,970,000
Tax Notes, Series 2025 (book entry).
Dated Mar 1, 2025.
Due Feb 15, 2026 to 2032.
Non-callable.
Winning bid: Hilltop Securities, at 108.7148, TIC 2.8948%.
L.O.: Winstead PC, San Antonio, TX; and State Attorney General.
F.A.: Estrada Hinojosa & Company, Inc., Dallas, TX.
Other bidders were:
SAMCO Cap Mkts, TIC 2.911%
TD Securities, TIC 2.9509%
SWBC Investment Svcs, TIC 2.9712%
BOK Fin Secs, TIC 3.0115%
Baird, TIC 3.0277%
Academy Secs, TIC 3.1334%
Bancroft Capital, TIC 3.1871%
Fidelity Capital, TIC 3.219%
Duncan-Williams, TIC 3.2347%
Fort Bend County Municipal Utility District No. 175
Mar 6, 2025 $4,000,000
Unlimited Tax Road Bonds, Series 2025 (book entry).
Dated Mar 1, 2025.
Due Sep 1, 2026 to 2051.
Callable Sep 1, 2031 at par.
Winning bid: Crews & Associates, at 97.0009, NIC 4.3695%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.3832%
Fidelity Capital, NIC 4.3835%
RBC Capital Mkts, NIC 4.4165%
Baird, NIC 4.4762%
Hilltop Securities, NIC 4.6245%
Northwest Harris County Municipal Utility District No. 10
Mar 6, 2025 $13,500,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Mar 1, 2025.
Due Apr 1, 2032 to 2050.
Callable Apr 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0043, NIC 4.2189%.
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, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.
L.O.: Smith, Murdaugh, Little & Bonham, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
Baird, NIC 4.2393%
Raymond James, NIC 4.303%
TD Securities, NIC 4.3324%
Hilltop Securities, NIC 4.3427%
Sienna Municipal Utility District No. 10
Mar 6, 2025 $5,440,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Apr 1, 2025.
Due Apr 1, 2026 to 2045.
Callable Apr 1, 2030 at par.
Winning bid: Baker Group, at 98.0309, NIC 3.9173%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Baird, Houston, TX.
Other bidders were:
Crews & Associates, NIC 3.9777%
SAMCO Cap Mkts, NIC 4.0357%
TD Securities, NIC 4.0691%
Fidelity Capital, NIC 4.0719%
Northland Securities, NIC 4.0728%
Raymond James, NIC 4.1375%
Hilltop Securities, NIC 4.2797%
The Colony (City)
Mar 5, 2025 $45,910,000
Combination Tax and Limited Surplus Revenue Certificates of Obligation, Series 2025 (book entry).
Dated Mar 1, 2025.
Due Aug 15, 2026 to 2045.
Callable Aug 15, 2034 at par.
Winning bid: Wells Fargo Corp, at 106.2664, TIC 3.79%.
L.O.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
Piper Sandler, TIC 3.8251%
BOK Fin Secs, TIC 3.8291%
Baird, TIC 3.8312%
SAMCO Cap Mkts, TIC 3.8408%
Jefferies, TIC 3.8452%
KeyBanc Cap Mkts, TIC 3.847%
JPMorgan, TIC 3.8571%
Fidelity Capital, TIC 3.8975%
TAXABLE ISSUES
CALIFORNIA
San Francisco (City and County)
Mar 5, 2025 $38,220,000
Taxable General Obligation Bonds (Affordable Housing, 2016 - Preservation and Seismic Safety) Series 2025E (book entry).
Dated Mar 20, 2025.
Due Jun 15, 2025 to 2064.
Callable Jun 15, 2035 at par.
Winning bid: BofA Securities, at 100.0000, TIC 5.4848%.
L.O.: Squire Patton Boggs (US) LLP, San Francisco, CA; and Husch Blackwell LLP, Oakland, CA.
F.A.: Public Resources Advisory Group, Oakland, CA; and Public Resources Advisory Group, Los Angeles, CA.
Other bidders were:
RBC Capital Mkts, TIC 5.5352%
Wells Fargo Corp, TIC 5.5423%
Raymond James, TIC 5.6098%
Baird, TIC 5.6453%
JPMorgan, TIC 5.7863%