riverhead-housing-debt-report-issuances-redemptions-may-27-2025_7a2.pdf
Bank of NY awarded $80M interest rate swap contract
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Description
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.
Contract Details
Contract Amount
$80,000,000
Vendor
BANK OF NY
Agency
Riverhead Housing Development Corproration, NY
Contract Type
Interest Rate Swap
Document Date
May 27, 2025
Contract Term
June 9, 2023 – November 1, 2053
Renewal Date
NA
Renewal Info
NA
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AMENDEDIssuing Agency
Riverhead Housing Development Corproration
Local Housing Authority
Riverhead, NY
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