FINANCIAL_SERVICESONGOING

Carlsbad Purchases Federal Agency Security

Carlsbad purchased a $10 million Federal National Mortgage Assoc security for its pooled investment portfolio. The security settled February 27, 2026, matures August 27, 2030, and carries a 3.75% yield.

Document date · May 12, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$10,000,000.00 par value; $10,000,000.00 book value
Contract type
FINANCIAL_SERVICES
Contract term
February 27, 2026 – August 27, 2030
Renewal date
2030-08-27
Document type
StaffReport
Source document
City of Carlsbad Staff Report Report on City Investments as of March 31, 2026 2026-05-12

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Federal National Mortgage Association was awarded this financial services contract by City of Carlsbad, as recorded on May 12, 2026. The contract value is $10,000,000.00 par value; $10,000,000.00 book value.

How much is the Federal National Mortgage Association contract with City of Carlsbad worth?

The Federal National Mortgage Association contract with City of Carlsbad is valued at $10,000,000.00 par value; $10,000,000.00 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.

What other contracts does Federal National Mortgage Association hold?

Federal National Mortgage Association may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Federal National Mortgage Association's 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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