CONTRACTAWARDED

City of Hoboken Awards Financial Services Contract to Jp Morgan Securities (March 2026)

City of Hoboken logoCity of Hoboken
Disclosed value
Par Amount: $193,441,000
From minutes
Awarded
Mar 18, 2026
Renews
Free account

The 30-second brief

What it covers

The City of Hoboken reported the sale of its 2026 Bond Anticipation Notes Series A to JP Morgan Securities in the par amount of $193,441,000, maturing March 8, 2027. The notes carry a 4.0% coupon and a net interest cost of 2.21404%.

Who holds it

Jp Morgan Securities holds this financial services contract with City of Hoboken. Its other public contracts on record include work for Decatur Independent School District and Palo Alto College.

What happens next

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Contract details

Contract type
Financial Services
Amount
Par Amount: $193,441,000
Document date
March 18, 2026
Term
Date of Note: March 09, 2026; Maturity Date: March 08, 2027
Renews
On record
Source document
City of Hoboken Council Meeting Minutes March 18, 2026 (Minutes)

Jp Morgan Securities's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Hoboken?

Jp Morgan Securities was awarded this financial services contract by City of Hoboken, as recorded on March 18, 2026. The contract value is Par Amount: $193,441,000.

How much is the Jp Morgan Securities contract with City of Hoboken worth?

The Jp Morgan Securities contract with City of Hoboken is valued at Par Amount: $193,441,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Hoboken Council Meeting Minutes March 18, 2026 (Minutes), dated March 18, 2026 from City of Hoboken. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Jp Morgan Securities hold?

Jp Morgan Securities 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 City of Hoboken currently buying?

Explore City of Hoboken's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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