CONTRACTRECOMMENDED

Barings Guideline Waiver Recommended Through 2027

North Dakota Retirement and Investment Office
Disclosed value
$1.3 million par position; estimated benefit of approximately $14,000 from holding to maturity
From agendapacket
Document date
Oct 26, 2026
Renews
Free account

The 30-second brief

What it covers

The Investment Committee recommended a temporary waiver for Barings to retain a downgraded $1.3 million bond position. The waiver would remain in effect through the bond's May 15, 2027, maturity unless the bond is sold or repaid earlier.

Who holds it

BARINGS holds this financial services contract with North Dakota Retirement and Investment Office. Its other public contracts on record include work for Maryland State Retirement Agency | State of Maryland and Town of Waterford charter.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every North Dakota Retirement and Investment Office contract.

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Contract details

Contract type
Financial Services
Amount
$1.3 million par position; estimated benefit of approximately $14,000 from holding to maturity
Document date
October 26, 2026
Term
Through May 15, 2027, or earlier sale or repayment
Renews
Free account
Vendor
BARINGS
Source document
North Dakota State Investment Board AgendaPacket 2026-10-28 (AgendaPacket)

BARINGS's other public contracts

More North Dakota Retirement and Investment Office contracts

Questions about this contract

Who was awarded the financial services contract by North Dakota Retirement and Investment Office?

BARINGS was awarded this financial services contract by North Dakota Retirement and Investment Office, as recorded on October 26, 2026. The contract value is $1.3 million par position; estimated benefit of approximately $14,000 from holding to maturity.

How much is the BARINGS contract with North Dakota Retirement and Investment Office worth?

The BARINGS contract with North Dakota Retirement and Investment Office is valued at $1.3 million par position; estimated benefit of approximately $14,000 from holding to maturity, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in North Dakota State Investment Board AgendaPacket 2026-10-28 (AgendaPacket), dated October 26, 2026 from North Dakota Retirement and Investment Office. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does BARINGS hold?

BARINGS 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 North Dakota Retirement and Investment Office currently buying?

Explore North Dakota Retirement and Investment Office's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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