FINANCIAL_SERVICESAPPROVED

University Of North Texas System Awards Financial Services Contract to Payden & Rygel (May 2026)

The UNT System Board of Regents approved amendments to the Short-Term Pool Investment Policy on May 21, 2026, authorizing Treasury and Payden & Rygel to broaden corporate credit exposure and extend weighted average maturity to 365 days. The changes, to be phased in over 3–6 months, aim to enhance yield while capping BBB exposure at 15% and maintaining liquidity safeguards.

Status
APPROVED
Document date
May 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Payden & Rygel
Agency
University Of North Texas System · TX

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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TerraCycle logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Policy amendments effective upon Board approval on May 21, 2026; implementation over approximately 3–6 months
Renewal
This action amends the existing STP investment policy and associated management parameters rather than renewing the advisory contract itself; implementation will proceed gradually within the current SMA structure.
Document type
AgendaPacket
Source document
University of North Texas System Board of Regents AgendaPacket 2026-05-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by University Of North Texas System?

Payden & Rygel was awarded this financial services contract by University Of North Texas System, as recorded on May 21, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in University of North Texas System Board of Regents AgendaPacket 2026-05-21 (AgendaPacket), dated May 21, 2026 from University Of North Texas System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Payden & Rygel hold?

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