CONTRACTONGOING

Royal Bank of Canada awarded $150M interest rate swap contract

Riverhead Housing Development Corproration logoRiverhead Housing Development Corproration
Disclosed value
$150,000,000
From report
Document date
May 27, 2025
Term
December 1, 2022 – November 1, 2042

The 30-second brief

What it covers

Royal Bank of Canada holds an interest rate swap contract valued at $150,000,000 effective from December 1, 2022 to November 1, 2042, managing interest rate risk exposure.

Who holds it

Royal Bank Canada holds this interest rate swap contract with Riverhead Housing Development Corproration. Its other public contracts on record include work for Resort Village of Thode and Michigan State Housing Development Authority.

What happens next

Term as filed: December 1, 2022 – November 1, 2042.

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Contract details

Contract type
Interest Rate Swap
Amount
$150,000,000
Document date
May 27, 2025
Term
December 1, 2022 – November 1, 2042
Source document
riverhead-housing-debt-report-issuances-redemptions-may-27-2025_7a2.pdf (Report)

Royal Bank Canada's other public contracts

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Questions about this contract

Who was awarded the interest rate swap contract by Riverhead Housing Development Corproration?

Royal Bank Canada was awarded this interest rate swap contract by Riverhead Housing Development Corproration, as recorded on May 27, 2025. The contract value is $150,000,000.

How much is the Royal Bank Canada contract with Riverhead Housing Development Corproration worth?

The Royal Bank Canada contract with Riverhead Housing Development Corproration is valued at $150,000,000, covering interest rate swap work.

What type of contract is this?

This is a Interest Rate Swap contract, documented as a report record.

Where was this contract approved?

This contract appears in riverhead-housing-debt-report-issuances-redemptions-may-27-2025_7a2.pdf (Report), dated May 27, 2025 from Riverhead Housing Development Corproration. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Royal Bank Canada hold?

Royal Bank Canada may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Riverhead Housing Development Corproration currently buying?

Explore Riverhead Housing Development Corproration's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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