City of Durham Capital Improvement Plan Stoplight Report 2025-2026 Q2
Durham Purchases $20M FFCB Security via Wells Fargo
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Description
On December 23, 2025, Durham purchased a $20 million 3.50% FFCB security maturing September 16, 2027 through Wells Fargo as part of its investment strategy.
Contract Details
Contract Amount
$20,000,000
Vendor
FFCB
Agency
City of Durham, NC
Contract Type
FINANCIAL_SERVICES
Document Date
December 31, 2025
Contract Term
Matures 09/16/2027
Renewal Date
2027-09-16
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