Carlsbad Purchases Farm Credit Security
City of CarlsbadCity · Carlsbad, CA- Disclosed value
- $5,000,000.00 par value; $4,994,050.00 book value
- From staffreport
- Document date
- May 12, 2026
- Term
- March 16, 2026 – February 16, 2028
- Renews
- Free account
The 30-second brief
Carlsbad purchased a $5 million Federal Farm Credit Bank security for its pooled investment portfolio. The security settled March 16, 2026, matures February 16, 2028, and carries a 3.57% yield.
Federal Farm Credit Bank holds this financial services contract with City of Carlsbad. Its other public contracts on record include work for Lorain County and Sheboygan County.
The renewal date is on record. A free account shows it, with the renewals for every City of Carlsbad contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $5,000,000.00 par value; $4,994,050.00 book value
- Document date
- May 12, 2026
- Term
- March 16, 2026 – February 16, 2028
- Renews
- Free account
- Vendor
- Federal Farm Credit Bank
- Agency
- City of Carlsbad
- Source document
- City of Carlsbad Staff Report Report on City Investments as of March 31, 2026 2026-05-12 (StaffReport)
Federal Farm Credit Bank's other public contracts
More City of Carlsbad contracts
Questions about this contract
Who was awarded the financial services contract by City of Carlsbad?
Federal Farm Credit Bank was awarded this financial services contract by City of Carlsbad, as recorded on May 12, 2026. The contract value is $5,000,000.00 par value; $4,994,050.00 book value.
How much is the Federal Farm Credit Bank contract with City of Carlsbad worth?
The Federal Farm Credit Bank contract with City of Carlsbad is valued at $5,000,000.00 par value; $4,994,050.00 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 March 31, 2026 2026-05-12 (StaffReport), dated May 12, 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 Federal Farm Credit Bank hold?
Federal Farm Credit Bank 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.