Truist Securities Loses Competition for GO Bonds
Office of the Washington State TreasurerState · Olympia, WA- Disclosed value
- Bid to purchase $123,935,000 principal for $129,738,363.05 plus accrued interest
- From resolution
- Document date
- May 5, 2026
- Renews
- Free account
The 30-second brief
Truist Securities, Inc. sought to underwrite $123.935 million of Washington’s Series R-2026C Bid Group 1 refunding bonds but was not chosen. Competing bids offered more advantageous interest cost to the State.
Truist Securities Inc holds this financial services contract with Office of the Washington State Treasurer. Its other public contracts on record include work for Town of Needham and City of Forney.
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Contract details
- Contract type
- Financial Services
- Amount
- Bid to purchase $123,935,000 principal for $129,738,363.05 plus accrued interest
- Document date
- May 5, 2026
- Term
- Proposed bonds maturing August 1, 2026–August 1, 2029
- Renews
- On record
- Vendor
- Truist Securities Inc
- Source document
- State Finance Committee Resolution No. 1309 2026-05-05 (Resolution)
Truist Securities Inc's other public contracts
More Office of the Washington State Treasurer contracts
Questions about this contract
Who was awarded the financial services contract by Office of the Washington State Treasurer?
Truist Securities Inc was awarded this financial services contract by Office of the Washington State Treasurer, as recorded on May 5, 2026. The contract value is Bid to purchase $123,935,000 principal for $129,738,363.05 plus accrued interest.
How much is the Truist Securities Inc contract with Office of the Washington State Treasurer worth?
The Truist Securities Inc contract with Office of the Washington State Treasurer is valued at Bid to purchase $123,935,000 principal for $129,738,363.05 plus accrued interest, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in State Finance Committee Resolution No. 1309 2026-05-05 (Resolution), dated May 5, 2026 from Office of the Washington State Treasurer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Truist Securities Inc hold?
Truist Securities 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 Office of the Washington State Treasurer currently buying?
Explore Office of the Washington State Treasurer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
