Carlsbad Purchases Visa Corporate Note
City of CarlsbadCity · Carlsbad, CA- Disclosed value
- $5,000,000.00 par value; $4,999,650.00 book value
- From staffreport
- Document date
- May 12, 2026
- Term
- February 12, 2026 – February 12, 2031
- Renews
- Free account
The 30-second brief
Carlsbad purchased a $5 million Visa Inc corporate note for its pooled investment portfolio. The note settled February 12, 2026, matures February 12, 2031, and carries a 4.10% yield.
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.
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; $4,999,650.00 book value
- Document date
- May 12, 2026
- Term
- February 12, 2026 – February 12, 2031
- Renews
- Free account
- Vendor
- Visa Inc
- Agency
- City of Carlsbad
- Source document
- City of Carlsbad Staff Report Report on City Investments as of March 31, 2026 2026-05-12 (StaffReport)
Visa Inc's other public contracts
More City of Carlsbad contracts
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 May 12, 2026. The contract value is $5,000,000.00 par value; $4,999,650.00 book value.
How much is the Visa Inc contract with City of Carlsbad worth?
The Visa Inc contract with City of Carlsbad is valued at $5,000,000.00 par value; $4,999,650.00 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 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.