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Carlsbad Purchases Visa Corporate Note

City of Carlsbad logoCity of Carlsbad
Disclosed value
Par value $5,000,000.00; book value $4,999,650.00
From staffreport
Document date
Apr 14, 2026
Term
February 12, 2026 – February 12, 2031
Renews
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The 30-second brief

What it covers

Carlsbad purchased a $5 million corporate note from Visa Inc in February 2026. The investment matures February 12, 2031 and carries a 4.10% yield.

Who holds it

Visa Inc holds this financial services contract with City of Carlsbad. Its other public contracts on record include work for North Whidbey Park And Recreation District.

What happens next

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
Par value $5,000,000.00; book value $4,999,650.00
Document date
April 14, 2026
Term
February 12, 2026 – February 12, 2031
Renews
Free account
Vendor
Visa Inc
Agency
City of Carlsbad
Source document
City of Carlsbad StaffReport Report on City Investments as of Feb. 28, 2026 2026-04-14 (StaffReport)

Visa Inc's other public contracts

North Whidbey Park And Recreation District, WashingtonDistrict Credit Card Charges Paid to Visa Inc. · Aug 27, 2026$5.5KNorth Whidbey Park And Recreation District, WashingtonBoard Certifies Additional VISA Card Charges · Jul 23, 2026$1.1KNorth Whidbey Park And Recreation District, WashingtonDistrict Approves $3,399.59 VISA Card Expenditure · Jul 23, 2026$3.4KNorth Whidbey Park And Recreation District, WashingtonVISA Card Operational Purchase of $415.52 Approved · Jul 23, 2026$415.5North Whidbey Park And Recreation District, WashingtonAdditional Visa Inc Credit Card Charge Paid · Jun 25, 2026$829.5All Visa Inc contractsVendor profile

More City of Carlsbad contracts

Mehta Mechanical Company IncMehta Mechanical Awarded Chinquapin Lift Station Project · Oct 20, 2026Sitka Construction Group LLCCarlsbad Recommends $285,000 Park Stair Contract · Oct 20, 2026City Soccer Club-carlsbadCity Recommends Accepting AED Donation from Soccer Club · Oct 20, 2026North County Transit DistrictCarlsbad Expands Authority for Transit Right-of-Way Agreements · Oct 20, 2026UndisclosedNorth County Transit DistrictCarlsbad Expands Authority for Transit Right-of-Way Agreements · Oct 20, 2026UndisclosedAll City of Carlsbad activityAgency profile

Questions about this contract

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

Visa Inc was awarded this financial services contract by City of Carlsbad, as recorded on April 14, 2026. The contract value is Par value $5,000,000.00; book value $4,999,650.00.

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

The Visa Inc contract with City of Carlsbad is valued at Par value $5,000,000.00; book value $4,999,650.00, 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 StaffReport Report on City Investments as of Feb. 28, 2026 2026-04-14 (StaffReport), dated April 14, 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 Visa Inc hold?

Visa 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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