CONTRACTONGOING

Carlsbad Reports Federal Farm Credit Investment

City of Carlsbad logoCity of Carlsbad
Disclosed value
$5,000,000.00 par value; $4,972,450.00 invested
From staffreport
Document date
Jul 31, 2026
Term
July 31, 2026 – July 22, 2031
Renews
Free account

The 30-second brief

What it covers

The City of Carlsbad reported a $5 million investment in a Federal Farm Credit Banks security, with $4.97 million invested. The security matures July 22, 2031 and carries a 4.374% yield.

Who holds it

Federal Farm Credit Banks holds this financial services contract with City of Carlsbad. Its other public contracts on record include work for Mansfield Independent School District and GULF COAST WATER AUTHORITY.

What happens next

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Contract details

Contract type
Financial Services
Amount
$5,000,000.00 par value; $4,972,450.00 invested
Document date
July 31, 2026
Term
July 31, 2026 – July 22, 2031
Renews
On record
Source document
City of Carlsbad Staff Report Report on City Investments as of July 31, 2026 2026-07-31 (StaffReport)

Federal Farm Credit Banks'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 Banks was awarded this financial services contract by City of Carlsbad, as recorded on July 31, 2026. The contract value is $5,000,000.00 par value; $4,972,450.00 invested.

How much is the Federal Farm Credit Banks contract with City of Carlsbad worth?

The Federal Farm Credit Banks contract with City of Carlsbad is valued at $5,000,000.00 par value; $4,972,450.00 invested, 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 July 31, 2026 2026-07-31 (StaffReport), dated July 31, 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 Banks hold?

Federal Farm Credit Banks 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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