Market Data
Results of negotiated sales: 03/20/2025

ALABAMA

Alabama Housing Finance Authority

Mar 19, 2025 $75,000,000

Collateralized Single Family Mortgage Revenue Bonds, 2025 Series A (R) (book entry)

Dated Apr 9, 2025.

Due Oct 1, 2026 to Apr 1, 2056.

First coupon Oct 1, 2025.

2033-2056 Callable Apr 1, 2033 at par.

Purchased through negotiation by Raymond James & Associates, Inc., Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Balch & Bingham LLP, Birmingham, AL.

F.A.: CSG Advisors Inc., Bronxville, NY.


Alabama Federal Aid Highway Finance Authority

Mar 18, 2025 $590,590,000

Special Obligation Revenue Bonds, Series 2025A (R) (book entry) $250,000,000.

Dated Mar 27, 2025.

Due Sep 1, 2026 to Mar 1, 2045.

First coupon Mar 1, 2026.

2035-2045 Callable Mar 1, 2035 at par.

Purchased through negotiation by BofA Securities, Wells Fargo Corporate & Investment Banking, Truist Securities, Inc., Goldman, Sachs & Co., Frazer Lanier Co., Inc., Thornton Farish, Inc., as follows:


Special Obligation Revenue Bonds, Series 2025B (R) (book entry) $340,590,000.

Dated Mar 27, 2025.

Due Sep 1, 2026 to 2036.

First coupon Mar 1, 2026.

2035-2036 Callable Mar 1, 2035 at par.

L.O.: Maynard Nexsen PC, Birmingham, AL.

F.A.: PFM Financial Advisors LLC, Huntsville, AL.


ARKANSAS

Arkansas Development Finance Authority

Mar 19, 2025 $75,000,000

Single Family Mortgage Revenue Bonds, 2025 Series A (Mortgage-Backed Securities/Mortgage Loans Program) (R) (book entry)

Dated Apr 16, 2025.

Due Jul 1, 2026 to Jan 1, 2056.

First coupon Jul 1, 2025.

2034-2056 Callable Jul 1, 2033 at par.

Purchased through negotiation by Raymond James & Associates, Inc., Stephens Inc., Carty, Harding, & Hearn, Inc., Crews & Associates, Inc., as follows:

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


CALIFORNIA

California Educational Facilities Authority

Mar 18, 2025 $52,345,000

Revenue Bonds, Series 2025A (University of the Pacific) (R) (book entry)

Dated Apr 1, 2025.

Due Nov 1, 2037 to 2055.

First coupon Nov 1, 2025.

2037-2055 Callable May 1, 2035 at par.

Purchased through negotiation by Morgan Stanley & Co., Inc., as follows:

L.O.: Squire Patton Boggs (US) LLP, San Francisco, CA.

F.A.: The Yuba Group, LLC, San Franciscco, CA.


San Diego Unified School District

Mar 18, 2025 $339,080,000

2025 General Obligation Refunding Bonds, Election of 1998, Series R-8A (Dedicated Ad Valorem Property Tax Bonds) (G) (book entry) $108,285,000.

Dated Apr 2, 2025.

Due Jul 1, 2025 to 2029.

First coupon Jul 1, 2025.

Non-callable.

Purchased through negotiation by Jefferies LLC, J.P. Morgan Securities LLC, as follows:


2025 General Obligation Refunding Bonds, Election of 1998, Series R-8B (Dedicated Ad Valorem Property Tax Bonds) (G) (book entry) $25,725,000.

Dated Apr 2, 2025.

Due Jul 1, 2029.

First coupon Jul 1, 2025.

Non-callable.


2025 General Obligation Refunding Bonds, Election of 2008, Series SR-5A (Dedicated Ad Valorem Property Tax Bonds) (G) (book entry) $30,880,000.

Dated Apr 2, 2025.

Due Jul 1, 2032 to 2039.

First coupon Jul 1, 2025.

2036-2039 Callable Jul 1, 2035 at par.


2025 General Obligation Refunding Bonds, Election of 2008, Series SR-5B (Dedicated Ad Valorem Property Tax Bonds) (G) (book entry) $57,890,000.

Dated Apr 2, 2025.

Due Jul 1, 2029 to 2038.

First coupon Jul 1, 2025.

2036-2038 Callable Jul 1, 2035 at par.


2025 General Obligation Refunding Bonds, Election of 2012, Series ZR-6A (Dedicated Ad Valorem Property Tax Bonds) (G) (book entry) $106,475,000.

Dated Apr 2, 2025.

Due Jul 1, 2026 to 2045.

First coupon Jul 1, 2025.

Non-callable.


2025 General Obligation Refunding Bonds, Election of 2012, Series ZR-6B (Dedicated Ad Valorem Property Tax Bonds) (G) (book entry) $9,825,000.

Dated Apr 2, 2025.

Due Jul 1, 2032 to 2047.

First coupon Jul 1, 2025.

2037-2047 Callable Jul 1, 2035 at par.

L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.

F.A.: KNN Public Finance, Los Angeles, CA.


Grossmont Healthcare District

Mar 18, 2025 $162,915,000

2025 General Obligation Refunding Bonds, Series F (Ad Valorem Property Tax Bonds) (G) (book entry)

Dated Apr 17, 2025.

Due Jul 15, 2026 to 2040.

First coupon Jul 15, 2025.

2036-2040 Callable Jul 15, 2035 at par.

Purchased through negotiation by Goldman, Sachs & Co., as follows:

L.O.: Orrick, Herrington & Sutcliffe, San Francisco, CA.

F.A.: Fieldman, Rolapp & Associates, Irvine, CA.


COLORADO

Riverdale Ranch Metropolitan District

Mar 19, 2025 $5,175,000

Limited Tax General Obligation Refunding and Improvement Bonds, Series 2025 (L) (bank qualified) (book entry)

Dated Mar 27, 2025.

Due Dec 1, 2025 to 2054.

First coupon Jun 1, 2025.

2030-2054 Callable Mar 1, 2030 at 103.000%, declining to par Mar 1, 2030.

Purchased through negotiation by Piper Sandler & Co, as follows:

L.O.: Kutak Rock, Denver, CO.


FLORIDA

Peace Creek Village Community Development

Mar 19, 2025 $7,905,000

Special Assessment Bonds, Series 2025 (N) (book entry)

Dated Mar 28, 2025.

Due May 1, 2026 to 2055.

First coupon Nov 1, 2025.

2036-2055 Callable May 1, 2035 at par.

Purchased through negotiation by FMSbonds, Inc., as follows:

L.O.: Greenberg Traurig, P.A., Miami, FL.


IOWA

Tiffin (City)

Mar 18, 2025 $5,350,000

General Obligation Corporate Purpose Bonds, Series 2025A (G) (book entry)

Dated Apr 24, 2025. Interest accrues Apr 24, 2025.

Due Jun 1, 2026 to 2040.

First coupon Dec 1, 2025.

2033-2040 Callable Jun 1, 2032 at par.

Purchased through negotiation by Northland Securities, Inc., as follows:

L.O.: Dorsey & Whitney, Des Moines, IA.


ILLINOIS

Illinois Housing Development Authority

Mar 18, 2025 $137,670,000

Revenue Bonds, 2025 Series A (Social Bonds) (R) (book entry)

Dated Apr 10, 2025.

Due Apr 1, 2036 to Oct 1, 2055.

First coupon Oct 1, 2025.

2036-2055 Callable Apr 1, 2033 at par.

Purchased through negotiation by Barclays Capital, Loop Capital Markets, LLC, Jefferies LLC, Ramirez & Co., Inc., Bancroft Capital, LLC, Siebert Williams Shank & Co., L.L.C, Stern Brothers & Co., as follows:

L.O.: Ice Miller, Chicago, IL.

F.A.: Caine, Mitter & Associates, New York, NY.


Downers Grove School District No. 58

Mar 18, 2025 $54,005,000

General Obligation School Bonds, Series 2025 (G) (book entry)

Dated Apr 15, 2025.

Due Dec 15, 2041 to 2044.

First coupon Jun 15, 2026.

2041-2044 Callable Dec 15, 2034 at par.

Purchased through negotiation by Oppenheimer & Co., Inc., as follows:

L.O.: Chapman and Cutler LLP, Chicago, IL.


INDIANA

Porter Township High School Building Corporation

Mar 18, 2025 $10,500,000

Ad Valorem Property Tax First Mortgage Bonds, Series 2025 (Indiana State Aid Intercept Program) (L) (book entry)

Dated Apr 16, 2025.

Due Jul 15, 2028 to Jan 15, 2045.

First coupon Jul 15, 2026.

2035-2045 Callable Jul 15, 2034 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Ice Miller, Indianapolis, IN.


MICHIGAN

Waterford School District

Mar 19, 2025 $42,320,000

School Building and Site Bonds, Series 2025 (General Obligation) (Michigan School Bond Qualification and Loan Program) (G) (book entry)

Dated Apr 10, 2025.

Due May 1, 2025 to 2040.

First coupon May 1, 2025.

2036-2040 Callable May 1, 2035 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., Huntington Securities, Inc., as follows:

L.O.: Dickinson Wright PLLC, Troy, MI.

F.A.: MFCI, LLC, Milford, MI.


MISSOURI

St Clair Fire Protection District

Mar 18, 2025 $5,000,000

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

Dated Apr 1, 2025.

Due Mar 1, 2026 to 2045.

First coupon Mar 1, 2026.

2038-2045 Callable Mar 1, 2034 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Gilmore & Bell, St. Louis, MO.


NEW HAMPSHIRE

National Finance Authority

Mar 18, 2025 $348,539,158

Municipal Certificates, Series 2025-1 Class A-1 (R) (book entry) $293,644,000.

Dated Mar 1, 2025. Interest accrues Mar 1, 2025.

Due Jan 20, 2041.

First coupon Apr 20, 2025.

Non-callable.

Purchased through negotiation by BofA Securities, Wells Fargo Corporate & Investment Banking, Jefferies LLC, Morgan Stanley & Co., Inc., as follows:


Municipal Certificates, Series 2025-1 Class A-2 (R) (book entry) $45,310,000.

Dated Mar 1, 2025. Interest accrues Mar 1, 2025.

Due Jan 20, 2041.

First coupon Apr 20, 2025.

Non-callable.


Municipal Certificates, Series 2025-1 Class B (Subordinate) (R) (book entry) $9,585,158.

Dated Mar 1, 2025. Interest accrues Mar 1, 2025.

Due Jan 20, 2041.

First coupon Apr 20, 2025.

Non-callable.

L.O.: Orrick, Herrington & Sutcliffe, New York, NY.

F.A.: Granite Municipal Advisors, LLC.


NEW YORK

Madison County Capital Resources Corporation

Mar 18, 2025 $76,790,000

Revenue Bonds, (Colgate University Refunding Project) Series 2025 (R) (book entry)

Dated Apr 3, 2025.

Due Jul 1, 2026 to 2043.

First coupon Jul 1, 2025.

2036-2043 Callable Jul 1, 2035 at par.

Purchased through negotiation by Goldman, Sachs & Co., as follows:

L.O.: Hodgson, Russ LLP, Albany, NY.


Metropolitan Transportation Authority

Mar 19, 2025 $847,785,000

Transportation Revenue Refunding Green Bonds, Series 2025A (Climate Bond Certified) (R) (book entry)

Dated Mar 27, 2025.

Due Nov 15, 2027 to 2055.

First coupon May 15, 2025.

2036-2055 Callable May 15, 2035 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, BofA Securities, Goldman, Sachs & Co., Jefferies LLC, Ramirez & Co., Inc., Siebert Williams Shank & Co., L.L.C, Drexel Hamilton, LLC., Rice Financial Products Company, Stern Brothers & Co., Barclays Capital, Blaylock Van, LLC, Mischler Financial Group, Inc., Morgan Stanley & Co., Inc., Oppenheimer & Co., Inc., as follows:

L.O.: Nixon Peabody LLP, New York, NY; and D. Seaton and Associates, New York, NY.

F.A.: Public Resources Advisory Group, New York, NY; and Backstrom McCarley Berry & Co., LLC, San Francisco, CA.


OHIO

Deer Park Community City School District Board of Education

Mar 18, 2025 $11,385,000

School Improvement General Obligation Refunding Bonds, Series 2025 (G) (book entry)

Dated Apr 2, 2025.

Due Dec 1, 2025 to 2053.

First coupon Dec 1, 2025.

2035-2053 Callable Dec 1, 2034 at par.

Purchased through negotiation by RBC Capital Markets, as follows:

L.O.: Dinsmore & Shohl LLP, Cincinnati, OH.


PENNSYLVANIA

Mount Joy Borough

Mar 18, 2025 $10,680,000

General Obligation Bonds, Series of 2025 (G) (book entry)

Dated Apr 1, 2025.

Due May 15, 2026 to 2049.

First coupon Nov 15, 2025.

2033-2049 Callable May 15, 2032 at par.

Purchased through negotiation by Stifel, Nicolaus & Co., Inc., as follows:

L.O.: Barley, Snyder, Senft & Cohen, Lancaster, PA.

F.A.: PFM Financial Advisors LLC, Harrisburg, PA.


Clarion County Industrial Development Authority

Mar 19, 2025 $23,495,000

Lease Revenue Refunding Bonds, Series 2025A (Clarion University Foundation, Inc.) (R) (book entry) $11,975,000.

Dated Apr 10, 2025.

Due Jul 1, 2029 to 2045.

First coupon Jul 1, 2025.

2036-2045 Callable Jul 1, 2035 at par.

Purchased through negotiation by Raymond James & Associates, Inc., as follows:


Lease Revenue Refunding Bonds, Series 2025C (Clarion University Foundation, Inc.) (R) (book entry) $11,245,000.

Dated Apr 10, 2025.

Due Jul 1, 2026 to 2033.

First coupon Jul 1, 2025.

Non-callable.

L.O.: Stevens & Lee, King of Prussia, PA.


North Penn School District

Mar 18, 2025 $9,995,000

General Obligation Bonds, Series of 2025 (L) (bank qualified) (book entry)

Dated Apr 8, 2025.

Due Mar 1, 2026 to 2050.

First coupon Sep 1, 2025.

2031-2050 Callable Mar 1, 2030 at par.

Purchased through negotiation by Raymond James & Associates, Inc., RBC Capital Markets, as follows:

L.O.: Saxton & Stump, LLC, Lancaster, PA.

F.A.: PFM Financial Advisors LLC, Harrisburg, PA.


TEXAS

Arlington Higher Education Finance Corporation

Mar 18, 2025 $141,135,000

Education Revenue Bonds, Series 2025 (Riverwalk Education Foundation, Inc.) (Permanent School Fund Guarantee Program) (R) (book entry)

Dated Mar 1, 2025. Interest accrues Mar 31, 2025.

Due Aug 15, 2026 to 2060.

First coupon Feb 15, 2026.

2034-2060 Callable Aug 15, 2033 at par.

Purchased through negotiation by Baird, RBC Capital Markets, Texas Capital Bank, N.A., as follows:

L.O.: Hunton Andrews Kurth LLP, Houston, TX; and State Attorney General.

F.A.: D.A. Davidson & Co., Plano, TX.


Glasscock County Independent School District

Mar 18, 2025 $39,000,000

School Building Bonds, Series 2025 (Permanent School Fund Guarantee Program) (G) (book entry)

Dated Apr 1, 2025. Interest accrues Apr 8, 2025.

Due Aug 15, 2025 to Feb 15, 2035.

First coupon Aug 15, 2025.

2029-2035 Callable Feb 15, 2028 at par.

Purchased through negotiation by Raymond James & Associates, Inc., Frost Bank, Estrada Hinojosa & Company, Inc., as follows:

L.O.: Jackson Walker L.L.P., Houston, TX; and State Attorney General.

F.A.: Government Capital Securities Corporation, Southlake, TX.


El Paso (City)

Mar 18, 2025 $31,790,000

Municipal Drainage Utility System Revenue Refunding Bonds, Series 2025 (R) (book entry)

Dated Apr 15, 2025. Interest accrues Apr 16, 2025.

Due Mar 1, 2026 to 2050.

First coupon Sep 1, 2025.

2035-2050 Callable Mar 1, 2034 at par.

Purchased through negotiation by Raymond James & Associates, Inc., as follows:

L.O.: Norton Rose Fulbright US LLP, Dallas, TX; and State Attorney General.

F.A.: Hilltop Securities Inc., El Paso, TX.


WASHINGTON

Kennewick School District No. 17

Mar 18, 2025 $34,685,000

General Obligation Refunding Bonds, 2025 (Washington School District Credit Enhancement Program) (G) (book entry)

Dated Apr 3, 2025. Interest accrues Apr 3, 2025.

Due Dec 1, 2025 to 2034.

First coupon Jun 1, 2025.

Non-callable.

Purchased through negotiation by D.A. Davidson & Co., as follows:

L.O.: Foster Garvey, Spokane, WA.

F.A.: Northwest Municipal Advisors, Bellevue, WA.


WISCONSIN

Janesville School District

Mar 18, 2025 $139,300,000

General Obligation Promissory Notes, Series 2025B (G) (book entry)

Dated Apr 9, 2025. Interest accrues Apr 9, 2025.

Due Mar 1, 2026 to 2045.

First coupon Mar 1, 2026.

2034-2045 Callable Mar 1, 2033 at par.

Purchased through negotiation by Baird, as follows:

L.O.: Griggs Law Office LLC, Milwaukee, WI.


TAXABLE ISSUES


ILLINOIS

Illinois Housing Development Authority

Mar 18, 2025 $116,665,000

Revenue Bonds, 2025 Series B (Social Bonds) (R) (book entry) (Taxable)

Dated Apr 10, 2025.

Due Apr 1, 2026 to Oct 1, 2041.

First coupon Oct 1, 2025.

2033-2041 Callable Apr 1, 2033 at par.

Purchased through negotiation by Loop Capital Markets, LLC, Barclays Capital, Jefferies LLC, Ramirez & Co., Inc., Bancroft Capital, LLC, Siebert Williams Shank & Co., L.L.C, Stern Brothers & Co., as follows:

L.O.: Ice Miller, Chicago, IL.

F.A.: Caine, Mitter & Associates, New York, NY.


OHIO

Canton (City)

Mar 18, 2025 $1,960,000

Economic Development Revenue Bond Anticipation Notes, Series 2025A (Hall of Fame Village Project) (R) (book entry) (Taxable) $1,250,000.

Dated Mar 25, 2025.

Due Mar 24, 2026.

Non-callable.

Privately placed by KeyBanc Capital Markets, as follows:


Economic Development Revenue Bond Anticipation Notes, Series 2025B (Hercules) (R) (book entry) (Taxable) $710,000.

Dated Mar 25, 2025.

Due Mar 24, 2026.

2026-2026 Callable Sep 25, 2025 at par.


PENNSYLVANIA

Clarion County Industrial Development Authority

Mar 19, 2025 $23,495,000

Lease Revenue Refunding Bonds, Series 2025B (Clarion University Foundation, Inc.) (R) (book entry) (Taxable) $275,000.

Dated Apr 10, 2025.

Due Jul 1, 2027 to 2028.

First coupon Jul 1, 2025.

Non-callable.

Purchased through negotiation by Raymond James & Associates, Inc., as follows:

L.O.: Stevens & Lee, King of Prussia, PA.