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Carlsbad Reports Alphabet Medium-Term Note Investment

City of Carlsbad logoCity of Carlsbad
Disclosed value
$5,000,000.00 par value; $4,988,900.00 book value
From staffreport
Document date
Oct 6, 2026
Term
August 17, 2026 – August 15, 2031
Renews
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The 30-second brief

What it covers

The City of Carlsbad reported a $5 million investment in an Alphabet medium-term note. The note was settled August 17, 2026, matures August 15, 2031, and carries a 4.88% yield.

Who holds it

Alphabet Inc holds this financial services contract with City of Carlsbad. Its other public contracts on record include work for Town of Danville and City of Pismo Beach.

What happens next

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Contract details

Contract type
Financial Services
Amount
$5,000,000.00 par value; $4,988,900.00 book value
Document date
October 6, 2026
Term
August 17, 2026 – August 15, 2031
Renews
On record
Vendor
Alphabet Inc
Agency
City of Carlsbad
Source document
City of Carlsbad Staff Report Report on City Investments as of Aug. 31, 2026 2026-10-06 (StaffReport)

Alphabet Inc's other public contracts

Town of Danville, CaliforniaDanville Purchases Alphabet Corporate Security · Oct 20, 2026$500KCity of Pismo Beach, CaliforniaPismo Beach Reports Alphabet Investment Purchase · Oct 4, 2026$74.8KOregon HA | Health Care Workforce Committee, OregonGoogle Maps Used for Address Resolution · Sep 14, 2026UndisclosedPitkin County, ColoradoCounty Adds Alphabet Bond to Investment Portfolio · Aug 18, 2026Klamath County Sheriff's Office, OregonCounty Investment Account Purchases Alphabet Security · Jul 31, 2026$1.5MAll Alphabet Inc contractsVendor profile

More City of Carlsbad contracts

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Questions about this contract

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

Alphabet Inc was awarded this financial services contract by City of Carlsbad, as recorded on October 6, 2026. The contract value is $5,000,000.00 par value; $4,988,900.00 book value.

How much is the Alphabet Inc contract with City of Carlsbad worth?

The Alphabet Inc contract with City of Carlsbad is valued at $5,000,000.00 par value; $4,988,900.00 book value, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Carlsbad Staff Report Report on City Investments as of Aug. 31, 2026 2026-10-06 (StaffReport), dated October 6, 2026 from City of Carlsbad. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Alphabet Inc hold?

Alphabet Inc 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 Carlsbad currently buying?

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

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