Yakima City Council Meeting Agenda April 21, 2026
Yakima purchases $1M FFCB agency bond
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Description
Yakima added a $1,000,000 FFCB security maturing February 28, 2029 to its investment portfolio during the first quarter of 2026. The agency bond yields 3.50% and supports the City’s long-term cash management strategy.
Contract Details
Contract Amount
$1,000,000 (face value of investment)
Vendor
FFCB
Agency
City of Yakima, WA
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
To mature 02/28/2029
Renewal Date
2029-02-28
Renewal Info
Agency security intended to be held to maturity; no renewal provisions.
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