Interest Rate Hedging Instruments for NYC HDC
Riverhead Housing Development CorprorationLocal Housing Authority · Riverhead, NY- Disclosed value
- $166,065,000
- From minutes
- Document date
- Nov 30, 2023
The 30-second brief
Mohanty Gargiulo LLC will provide interest rate hedging instruments for the Corporation, with a combined notional amount not exceeding $166,065,000. This will manage interest rate risk related to the remarketing of bonds into variable rate and/or other bonds issued under the Open Resolution.
Mohanty Gargiulo holds this hedge advisor contract with Riverhead Housing Development Corproration. Its other public contracts on record include work for NYC Housing Development Corporation (HDC).
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Contract details
- Contract type
- Hedge Advisor
- Amount
- $166,065,000
- Document date
- November 30, 2023
- Term
- NA
- Vendor
- Mohanty Gargiulo
- Source document
- riverhead-hdc-board-minutes-affordable-housing-bonds-hotel-conversion-nov-30-2023_744.pdf (Minutes)
Mohanty Gargiulo's other public contracts
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Questions about this contract
Who was awarded the hedge advisor contract by Riverhead Housing Development Corproration?
Mohanty Gargiulo was awarded this hedge advisor contract by Riverhead Housing Development Corproration, as recorded on November 30, 2023. The contract value is $166,065,000.
How much is the Mohanty Gargiulo contract with Riverhead Housing Development Corproration worth?
The Mohanty Gargiulo contract with Riverhead Housing Development Corproration is valued at $166,065,000, covering hedge advisor work.
What type of contract is this?
This is a Hedge Advisor contract, documented as a minutes record.
Where was this contract approved?
This contract appears in riverhead-hdc-board-minutes-affordable-housing-bonds-hotel-conversion-nov-30-2023_744.pdf (Minutes), dated November 30, 2023 from Riverhead Housing Development Corproration. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mohanty Gargiulo hold?
Mohanty Gargiulo 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 Riverhead Housing Development Corproration currently buying?
Explore Riverhead Housing Development Corproration's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.