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Durham Holds $25M High-Yield FHLB Security

City of Durham logoCity of Durham
Disclosed value
$25,000,000
From report
Document date
Dec 31, 2025
Term
Matures 04/09/2027
Renews
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The 30-second brief

What it covers

The City invests $25 million in a Federal Home Loan Bank security yielding 4.75%, with maturity on April 9, 2027.

Who holds it

FHLB holds this financial services contract with City of Durham. Its other public contracts on record include work for Temecula Preparatory and Beaverton School District 48J.

What happens next

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Contract details

Contract type
Financial Services
Amount
$25,000,000
Document date
December 31, 2025
Term
Matures 04/09/2027
Renews
On record
Vendor
FHLB
Agency
City of Durham
Source document
City of Durham Capital Improvement Plan Stoplight Report 2025-2026 Q2 (Report)

FHLB's other public contracts

Temecula Preparatory, CaliforniaSchool Holds $480,000 FHLB Bond Investment · Oct 8, 2026$480KTemecula Preparatory, CaliforniaSchool Holds $570,000 FHLB Bond Investment · Oct 8, 2026$570KTemecula Preparatory, CaliforniaSchool Holds $275,000 FHLB Bond Investment · Oct 8, 2026$275KBeaverton School District 48J, OregonFHLB Bond Listed in Portfolio · Sep 14, 2026Beaverton School District 48J, OregonFHLB Agency Bond Held in Portfolio · Sep 14, 2026All FHLB contractsVendor profile

More City of Durham contracts

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Questions about this contract

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

FHLB was awarded this financial services contract by City of Durham, as recorded on December 31, 2025. The contract value is $25,000,000.

How much is the FHLB contract with City of Durham worth?

The FHLB contract with City of Durham is valued at $25,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Durham Capital Improvement Plan Stoplight Report 2025-2026 Q2 (Report), dated December 31, 2025 from City of Durham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FHLB hold?

FHLB 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 Durham currently buying?

Explore City of Durham's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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