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Bank of NY awarded $80M interest rate swap contract

Riverhead Housing Development Corproration logoRiverhead Housing Development Corproration
Disclosed value
$80,000,000
From report
Document date
May 27, 2025
Term
June 9, 2023 – November 1, 2053

The 30-second brief

What it covers

Bank of NY holds an interest rate swap contract valued at $80,000,000 effective from June 9, 2023 to November 1, 2053, managing interest rate risk exposure.

Who holds it

Bank of Ny holds this interest rate swap contract with Riverhead Housing Development Corproration. Its other public contracts on record include work for Highland Mud and Louisiana Deferred Compensation Commission | State of Louisiana.

What happens next

Term as filed: June 9, 2023 – November 1, 2053.

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Contract details

Contract type
Interest Rate Swap
Amount
$80,000,000
Document date
May 27, 2025
Term
June 9, 2023 – November 1, 2053
Vendor
Bank of Ny
Agency
Riverhead Housing Development Corproration
Source document
riverhead-housing-debt-report-issuances-redemptions-may-27-2025_7a2.pdf (Report)

Bank of Ny's other public contracts

Highland Mud, TexasBank of NY Continues District Bond Paying Agent Role · Jul 7, 2026Louisiana Deferred Compensation Commission | State of Louisiana, LouisianaBank of NY Standby Letter Of Credit Set For Discontinuation · Jun 16, 2026UndisclosedHighland Mud, TexasBank of NY Listed as District Bond Paying Agent · Jun 2, 2026NYC Housing Development Corporation (HDC), New YorkBank of NY Swap Provides Stability to HDC Debt · May 28, 2026City of Biddeford, MaineCity continues payments on 2013 CSO bond with Bank of NY · Apr 28, 2026All Bank of Ny contractsVendor profile

More Riverhead Housing Development Corproration contracts

Bofa SecuritiesBofA Securities, Inc. to underwrite $2025 Housing Impact Bonds · Aug 1, 2025UndisclosedRaymond James & Associates IncRaymond James & Associates Co-Senior Managing Underwriter for 2025 Bonds · Aug 1, 2025UndisclosedBofa SecuritiesBofA Securities, Inc. bond purchase agreement for 2025 Housing Impact Bonds · Jul 1, 2025UndisclosedNyc Housing DevelopmentHDC supports REMIC mortgage insurance portfolio worth $475 million · May 27, 2025UndisclosedGoldman Sachs MmdpGoldman Sachs awarded $45M interest rate cap contract · May 27, 2025$45MAll Riverhead Housing Development Corproration activityAgency profile

Questions about this contract

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

Bank of Ny was awarded this interest rate swap contract by Riverhead Housing Development Corproration, as recorded on May 27, 2025. The contract value is $80,000,000.

How much is the Bank of Ny contract with Riverhead Housing Development Corproration worth?

The Bank of Ny contract with Riverhead Housing Development Corproration is valued at $80,000,000, 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 Bank of Ny hold?

Bank of Ny 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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