Irvine Ranch Water District Finance and Personnel Committee Agenda February 3 2026
District Invests in Toyota Motor Credit Bond
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Description
Irvine Ranch Water District holds a $3 million Toyota Motor Credit Corp bond maturing June 29, 2029. The A+ rated bond yields 3.97% at cost.
Contract Details
Contract Amount
$3,000,000.00
Vendor
TOYOTA MOTOR CREDIT CORP
Agency
Irvine Ranch Water District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 3, 2026
Contract Term
Matures 06/29/2029
Renewal Date
2029-06-29
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