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Waukee awards $10.46 million Series 2026A general-obligation bonds to Raymond James
Summary
PFM told the council Raymond James submitted the low bid at 3.60% for $10,460,000 of GO bonds, producing about $827,000 in additional proceeds; council approved the resolution directing the sale.
PFM municipal adviser Matt Stuffle told the Waukee City Council the city received 10 bids, with Raymond James submitting the low bid at 3.60 percent for $10,460,000 of general-obligation bonds (Series 2026A). "The low bid was from Raymond James, out of New York, New York. They bid at 3.6 o percent," Stuffle said, and he added the cover bid came from Hilltop Securities at 3.63 percent. Stuffle said the results were "very…
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