Market Data
Results of competitive sales: 04/15/2025

KANSAS

Haysville (City)

Apr 14, 2025 $2,705,000

General Obligation Temporary Notes Series A, 2025 (bank qualified) (book entry).

Dated May 1, 2025.

Due Oct 1, 2027.

Callable Apr 1, 2027 at par.

Winning bid: Country Club Bank, at 99.5200, TIC 3.7105%.

L.O.: Gilmore & Bell, Wichita, KS.

F.A.: Stifel, Nicolaus & Co., Inc., Wichita, KS.

Other bidders were:

Huntington Secs, TIC 3.9999%

Baird, TIC 4.0639%

CINCap Invest Grp, TIC 4.1992%

Oppenheimer, TIC 4.4198%


MINNESOTA

Jordan (City)

Apr 14, 2025 $6,815,000

General Obligation Bonds, Series 2025A (bank qualified) (book entry).

Dated May 8, 2025.

Due Feb 1, 2027 to 2041.

Callable Feb 1, 2035 at par.

Winning bid: Baird, at 103.6088, TIC 3.8993%.

Other managers: CL King & Associates, Colliers Securities LLC, Edward Jones, Fidelity Capital Markets, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Bernardi Securities, Inc., Country Club Bank, Oppenheimer & Co., Inc., The Baker Group, A.G.P./Alliance Global Partners, Cadz Securities Inc,, Celadon Financial Group, LLC, Isaak Bond Investments, Inc., Carty, Harding, & Hearn, Inc., UMB Bank, N.A., United Banker's Bank, FMSbonds, Inc., Bank of New York Mellon Capital Markets, LLC, Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, StoneX Financial Inc., Valdes & Moreno, Inc., Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..

L.O.: Kutak Rock, Minneapolis, MN.

F.A.: Baker Tilly Municipal Advisors, LLC, St. Paul, MN.

Other bidders were:

BOK Fin Secs, TIC 3.9378%

Piper Sandler, TIC 4.0013%

Raymond James, TIC 4.0107%

Northland Securities, TIC 4.065%

Hilltop Securities, TIC 4.1916%

Brownstone Inv Grp, TIC 4.2333%


OKLAHOMA

Lincoln County Independent School District No. 134

Apr 14, 2025 $595,000

Building Bonds of 2025 (bank qualified) (book entry).

Dated Jun 1, 2025.

Due Jun 1, 2027 to 2028.

Non-callable.

Winning bid: Country Club Bank, at n/a, NIC 3.849%.

In association with: Payne County Bank.

L.O.: Hilborne & Weidman, Tulsa, OK; and State Attorney General.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Exchange Bank, NIC 3.9505%

BOK Fin Secs, NIC 3.9577%

Legacy Bank, NIC 5.2%


TENNESSEE

Tennessee State School Bond Authority

Apr 14, 2025 $164,290,000

Higher Educational Facilities Second Program Bonds 2025 Series A (book entry).

Dated May 6, 2025.

Due Nov 1, 2025 to 2055.

Callable Nov 1, 2034 at par.

Winning bid: BofA Securities, at 106.2005, TIC 4.3772%.

L.O.: Hawkins, Delafield & Wood, New York, NY.

F.A.: PFM Financial Advisors LLC, Memphis, TN.

Other bidders were:

JPMorgan, TIC 4.3785%

Morgan Stanley, TIC 4.3834%

Wells Fargo Corp, TIC 4.4023%

Jefferies, TIC 4.406%

Baird, TIC 4.7602%


TEXAS

Fort Bend County Municipal Utility District No.188

Apr 14, 2025 $15,000,000

Unlimited Tax Utility Bonds, Series 2025 (book entry).

Dated May 1, 2025.

Due Jul 1, 2027 to 2050.

Callable Jul 1, 2031 at par.

Winning bid: Baird, at 98.0000, NIC 5.0505%.

Other managers: CL King & Associates, Northland Securities, Inc., Midland Securities Ltd, 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.: Coats Rose, P.C, Houston, TX; and State Attorney General.

F.A.: Tierra Financial Advisors, LLC, Arlington, TX.

Other bidders were:

Hilltop Securities, NIC 5.1333%

SAMCO Cap Mkts, NIC 5.2096%


Harris County Municipal Utility District No. 419

Apr 14, 2025 $2,955,000

Unlimited Tax Road Bonds, Series 2025 (bank qualified) (book entry).

Dated May 1, 2025.

Due Mar 1, 2027 to 2045.

Callable Mar 1, 2031 at par.

Winning bid: Baker Group, at 97.9541, NIC 4.2832%.

L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.

F.A.: Masterson Advisors LLC, Houston, TX.

Other bidders were:

BOK Fin Secs, NIC 4.4441%

Raymond James, NIC 4.5206%

Crews & Associates, NIC 4.5954%

SAMCO Cap Mkts, NIC 4.6345%

Baird, NIC 4.6353%

Hilltop Securities, NIC 4.8381%


WISCONSIN

Barron County

Apr 14, 2025 $4,820,000

General Obligation Corporate Purpose Bonds, Series 2025A (bank qualified) (book entry).

Dated May 6, 2025.

Due Oct 1, 2026 to Apr 1, 2045.

Callable Oct 1, 2033 at par.

Winning bid: BOK Fin Secs, at 101.2853, TIC 4.1443%.

Other managers: Stifel, Nicolaus & Co., Inc..

L.O.: Quarles & Brady, Milwaukee, WI.

F.A.: Ehlers, Roseville, MN; and Ehlers, Waukesha, WI.

Other bidders were:

Baker Group, TIC 4.1661%

Raymond James, TIC 4.1963%

Baird, TIC 4.1973%

Northland Securities, TIC 4.2384%

Piper Sandler, TIC 4.2548%


Pewaukee School District

Apr 14, 2025 $19,500,000

General Obligation Promissory Notes (book entry).

Dated May 7, 2025.

Due Mar 1, 2027 to 2033.

Callable Mar 1, 2032 at par.

Winning bid: BOK Fin Secs, at 104.0204, TIC 3.9996%.

L.O.: Quarles & Brady, Milwaukee, WI.

F.A.: Baird, Milwaukee, WI.

Other bidders were:

Northland Securities, TIC 4.0349%

Huntington Secs, TIC 4.2881%


TAXABLE ISSUES


TENNESSEE

Tennessee State School Bond Authority

Apr 14, 2025 $53,645,000

Higher Educational Facilities Second Program Bonds 2025 Series B (Federally Taxable)

(book entry).

Dated May 6, 2025.

Due Nov 1, 2025 to 2045.

Callable Nov 1, 2034 at par.

Winning bid: JPMorgan, at 99.8374, TIC 5.5617%.

In association with: Academy Securities Inc..

In association with: Estrada Hinojosa & Company, Inc., Rice Financial Products Company, Stern Brothers & Co..

L.O.: Hawkins, Delafield & Wood, New York, NY.

F.A.: PFM Financial Advisors LLC, Memphis, TN.

Other bidders were:

Morgan Stanley, TIC 5.5728%

BofA Securities, TIC 5.576%

Wells Fargo Corp, TIC 5.5772%

Raymond James, TIC 5.5832%

Baird, TIC 5.6031%

FHN Fin Cap Mkts, TIC 5.6461%