CALIFORNIA
Kentfield School District
Mar 18, 2025 $35,000,000
General Obligation Bonds, 2024 Election, 2025 Series A (book entry).
Dated Apr 1, 2025.
Due Aug 1, 2026 to 2051.
Callable Aug 1, 2034 at par.
Winning bid: Stifel Nicolaus, at 103.0343, TIC 4.123%.
L.O.: Dannis Woliver Kelley, Long Beach, CA.
F.A.: Keygent LLC, El Segundo, CA.
Other bidders were:
RBC Capital Mkts, TIC 4.1283%
Hilltop Securities, TIC 4.1378%
Mesirow Financial, TIC 4.1606%
Morgan Stanley, TIC 4.1995%
UBS Financial Svcs, TIC 4.2127%
FHN Fin Cap Mkts, TIC 4.2704%
Baird, TIC 4.425%
CONNECTICUT
Washington (Town)
Mar 19, 2025 $4,740,000
General Obligation Bond Anticipation Notes (bank qualified) (book entry).
Dated Apr 2, 2025.
Due Dec 2, 2025.
Purchased $4,740,000.00 by Oppenheimer, at 4.0%, plus $14,409.60, effective rate 3.544%.
L.O.: Shipman & Goodwin, Hartford, CT.
F.A.: Phoenix Advisors, LLC, Milford, CT.
Other bidders were:
M & T Bank, Effective Rate 3.84%
Piper Sandler, Effective Rate 3.931%
ILLINOIS
Highland Park and Deerfield Township High School District No. 113
Mar 19, 2025 $24,015,000
General Obligation School Bonds, Series 2025 (book entry).
Dated Apr 9, 2025.
Due Jan 1, 2027 to 2035.
Non-callable.
Winning bid: JPMorgan, at 108.5956, TIC 3.1674%.
In association with: Academy Securities Inc..
In association with: Estrada Hinojosa & Company, Inc., Rice Financial Products Company, Stern Brothers & Co..
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Loop Capital, TIC 3.168%
UBS Financial Svcs, TIC 3.169%
KeyBanc Cap Mkts, TIC 3.1754%
Hilltop Securities, TIC 3.1898%
Mesirow Financial, TIC 3.191%
Jefferies, TIC 3.1924%
StoneX Fin Inc., TIC 3.1949%
Cabrera Cap Mkts, TIC 3.2069%
Raymond James, TIC 3.2137%
Huntington Secs, TIC 3.2243%
TD Securities, TIC 3.2411%
Baird, TIC 3.2512%
Lake Forest School District No. 67
Mar 18, 2025 $4,720,000
General Obligation Limited Tax School Bonds, Series 2025B (book entry).
Dated Apr 2, 2025.
Due Jan 1, 2028 to 2036.
Callable Jan 1, 2034 at par.
Winning bid: Huntington Secs, at 110.2380, TIC 3.37%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Raymond James & Associates, Inc., Chicago, IL; Raymond James & Associates, Inc., New York, NY; and Raymond James & Associates, Inc., St. Petersburg, FL.
Other bidders were:
Hilltop Securities, TIC 3.3791%
FHN Fin Cap Mkts, TIC 3.3862%
Bancroft Capital, TIC 3.3947%
Baird, TIC 3.4044%
Brownstone Inv Grp, TIC 3.5326%
KENTUCKY
Mar 19, 2025 $3,805,000
General Obligation Bonds, Series 2025 (Kentucky School District Enhancement Program) (bank qualified) (book entry).
Dated Apr 9, 2025.
Due Mar 1, 2026 to 2045.
Callable Mar 1, 2034 at par.
Winning bid: Raymond James, at 98.4942, TIC 4.2799%.
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Compass Municipal Advisors, Lexington, KY.
Other bidders were:
Baird, TIC 4.3609%
StoneX Fin Inc., TIC 4.385%
TD Securities, TIC 4.4874%
Stifel Nicolaus, TIC 4.5919%
Huntington Secs, TIC 4.7699%
NEW YORK
Brighton (Town)
Mar 19, 2025 $10,750,000
Bond Anticipation Notes,2025.
Dated Apr 9, 2025.
Due Apr 8, 2026.
Purchased $10,750,000.00 by Jefferies, at 4.0%, plus $101,701.00, effective rate 3.0513%.
L.O.: Harris Beach PLLC, Pittsford, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.0824%
BNY Mellon Cap Mkts, Effective Rate 3.125%
TD Securities, Effective Rate 3.1997%
Dewitt (Town)
Mar 19, 2025 $16,000,000
Bond Anticipation Notes, 2025.
Dated Apr 2, 2025.
Due Oct 13, 2025.
Purchased $16,000,000.00 by Piper Sandler, at 3.75%, plus $57,440.00, effective rate 3.0734%.
L.O.: Hancock Estabrook, LLP, Syracuse, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Jefferies, Effective Rate 3.0801%
Oppenheimer, Effective Rate 3.1659%
BNY Mellon Cap Mkts, Effective Rate 3.2105%
TD Securities, Effective Rate 3.28%
Horseheads Central School District
Mar 18, 2025 $1,600,000
General Obligations School District (Serial) Bonds, 2025 (book entry).
Dated Apr 1, 2025.
Due Apr 1, 2026 to 2030.
Non-callable.
Winning bid: BNY Mellon Cap Mkts, at n/a, NIC 3.048%.
L.O.: Barclay Damon LLP, Albany, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Brownstone Inv Grp, NIC 3.1338%
Baird, NIC 3.3505%
Oppenheimer, NIC 3.377%
Roosevelt & Cross, NIC 3.4007%
Bank of Greene Co, NIC 4.4942%
Naples Village
Mar 19, 2025 $182,125
Bond Anticipation Notes,2025 (bank qualified).
Dated Apr 2, 2025.
Due Apr 1, 2026.
Purchased $182,125.00 by Bank of Greene Co, at 4.99%, effective rate 4.99%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 5.0%
Five Star Bnk, Effective Rate 5.0%
Oppenheimer, Effective Rate 9.375%
New York State
Mar 18, 2025 $165,845,000
General Obligation Bonds, Series 2025C Tax-Exempt Refunding Bonds (book entry).
Dated Mar 26, 2025.
Due Mar 15, 2026 to 2035.
Non-callable.
Winning bid: Jefferies, at n/a, TIC 2.7299%.
L.O.: State Attorney General.
F.A.: Public Resources Advisory Group, New York, NY; and MohantyGargiulo LLC, New York, NY.
Other bidders were:
BofA Securities, TIC 2.7604%
Wells Fargo Corp, TIC 2.7621%
Barclays Capital, TIC 2.7646%
JPMorgan, TIC 2.7677%
Morgan Stanley, TIC 2.7682%
Truist Secs, Inc., TIC 2.7821%
TD Securities, TIC 2.868%
Goldman Sachs, TIC 2.9334%
New York State
Mar 18, 2025 $365,255,000
General Obligation Bonds, Series 2025A Tax-Exempt Bonds (book entry).
Dated Mar 26, 2025.
Due Mar 15, 2026 to 2044.
Callable Mar 15, 2035 at par.
Winning bid: Jefferies, at 112.2910, TIC 3.6498%.
L.O.: State Attorney General.
F.A.: Public Resources Advisory Group, New York, NY; and MohantyGargiulo LLC, New York, NY.
Other bidders were:
BofA Securities, TIC 3.6516%
Barclays Capital, TIC 3.6753%
Wells Fargo Corp, TIC 3.6763%
JPMorgan, TIC 3.6776%
Morgan Stanley, TIC 3.6919%
Goldman Sachs, TIC 3.7923%
NORTH CAROLINA
Wake County
Mar 18, 2025 $275,020,000
General Obligation Public Improvement Bonds, Series 2025A (book entry).
Dated Apr 8, 2025.
Due Apr 1, 2026 to 2044.
Callable Apr 1, 2035 at par.
Winning bid: BofA Securities, at 107.7448, TIC 3.6081%.
L.O.: Womble Bond Dickinson LLP, Raleigh, NC.
F.A.: First Tryon Advisors, Charlotte, NC; and Local Government Commission, Raleigh, NC.
Other bidders were:
JPMorgan, TIC 3.6144%
Morgan Stanley, TIC 3.6204%
Wells Fargo Corp, TIC 3.6254%
Truist Secs, Inc., TIC 3.6457%
Jefferies, TIC 3.6623%
Baird, TIC 3.8377%
PENNSYLVANIA
Pittsburgh (City)
Mar 18, 2025 $61,095,000
General Obligation Capital Improvement Bonds, Series of 2025 (book entry).
Dated Apr 15, 2025.
Due Sep 1, 2026 to 2045.
Callable Sep 1, 2033 at par.
Winning bid: PNC Capital Markets, at 102.9975, TIC 4.0401%.
L.O.: Clark Hill P.L.C., Pittsburgh, PA; and Dinsmore & Shohl LLP, Cincinnati, OH.
F.A.: MAS Financial Advisory Services, Strongsville, OH; and Davenport & Company LLC, Richmond, VA.
Other bidders were:
Janney Montgomery, TIC 4.05%
Baird, TIC 4.0706%
TD Securities, TIC 4.0719%
Jefferies, TIC 4.0942%
Wells Fargo Corp, TIC 4.1023%
BofA Securities, TIC 4.1065%
Mesirow Financial, TIC 4.1081%
BNY Mellon Cap Mkts, TIC 4.1121%
Morgan Stanley, TIC 4.1173%
TEXAS
Waller County Road Improvement District No. 1
Mar 19, 2025 $11,270,000
Unlimited Tax Bonds, Series 2025 (book entry).
Dated Apr 1, 2025.
Due Mar 1, 2028 to 2054.
Callable Mar 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0021, NIC 4.5354%.
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.: Bacon, Wallace & Philbin LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 4.5953%
UMB Bank, NIC 4.6079%
Baird, NIC 4.611%
Hilltop Securities, NIC 4.6355%
WISCONSIN
Deerfield Community School District
Mar 17, 2025 $15,000,000
Bond Anticipation Notes, Series 2025 (book entry).
Dated Apr 7, 2025.
Due Mar 1, 2026 to 2030.
Callable Mar 1, 2027 at par.
Winning bid: Loop Capital, at 100.5355, TIC 3.8761%.
L.O.: Griggs Law Office LLC, Milwaukee, WI.
F.A.: PMA Securities, Inc., Milwaukee, WI.
Other bidders were:
KeyBanc Cap Mkts, TIC 3.8811%
Piper Sandler, TIC 3.887%
UBS Financial Svcs, TIC 3.892%
Baird, TIC 3.9093%
CINCap Invest Grp, TIC 3.9299%