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Wednesday, May 7, 2025
 

MANAGING DIRECTOR:
Scott Carrithers
 
PORTFOLIO SALES AND SERVICE:
Chris Thompson • Sean Doherty • Mark Tranckino • Brian Schaff
Natalie Regan • Aaron Stoffer • David Farris • Jeff Macy 
Josh Kiefer • Todd Czinege • Trey Valentine • Cody Kreutziger

US Treasury Market
Date 1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr
04/30/25 4.30 4.29 4.18 3.86 3.61 3.60 3.73 3.94 4.16 4.70 4.68
05/01/25 4.30 4.30 4.19 3.92 3.70 3.69 3.81 4.01 4.22 4.74 4.73
05/02/25 4.29 4.32 4.25 4.01 3.83 3.81 3.92 4.11 4.31 4.81 4.79
05/05/25 4.31 4.32 4.24 4.03 3.83 3.82 3.94 4.13 4.35 4.85 4.80
05/06/25 4.30 4.31 4.22 3.99 3.77 3.75 3.90 4.09 4.30 4.81 4.84

The data in the table above is static as of the time it was pulled, so rates may have changed. Treat all data in this table and PMR as indications only and availability is always subject to change. This information was pulled manually from sources we believe to be reliable. New source, as of 12/12/2022, Bloomberg, L.L.P.  As of: close of business 5/6/2025.

                                                                                                                                                                                        

Oklahoma New Issue Taxable
 

Country Club Bank is an active participant in the Oklahoma new issue bond market. Traditionally speaking, these are non-rated bonds of school districts backed by ad valorem taxes through an unlimited general obligation pledge of the district. Although they mostly do not have a rating from the national agencies, Oklahoma has its own numbered system with #1 being the best quality. Typically shorter in nature, the Oklahoma new issue market can offer considerable spread over Treasuries compared to nationally rated bonds without taking on additional risk.

Yesterday, we bought an OK #1 rated school district bond, Texas County ISD #8 Guymon Public Schools. The bonds are Federally taxable with non-callable maturities due in 2 and 3 years. Another quirk of the Oklahoma new issue market is the forward settlement, and for this deal the bonds will settle on June 20th, 2025.

Please let us know if you have any questions, thank you.
 


 



This information is intended for institutional investors only. The material provided in this document/presentation is for informational purposes only and is intended solely for private use. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instruments.

•Not FDIC Insured •No Bank Guarantee •May Lose Value