city_of_carlsbad_investment_report_june_2025.pdf
City Acquires $5M Proctor & Gamble Corporate Bond
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Description
On May 1, 2025, the City of Carlsbad invested $5 million in a Proctor & Gamble corporate note at 4.00% yield, with a maturity date of May 1, 2030.
Contract Details
Contract Amount
$5,000,000.00 par (corporate note purchase)
Vendor
PROCTOR & GAMBLE
Agency
City of Carlsbad, CA
Contract Type
FINANCIAL_SERVICES
Document Date
September 9, 2025
Contract Term
05/01/2025 – 05/01/2030
Renewal Date
2030-05-01
Renewal Info
Long-term corporate note maturing in 2030; no renewal terms provided.
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