WebUnder IPTIP, interest income is computed daily, and there are no minimum deposit or withdrawal levek. Interest earnings may either be automatically reinvested or redistributed monthly. Deposits and withdrawals may be made by either wire transfer or paper draft. WebThe use of U.S. Treasury bills, average Fed Fund rate, Illinois Public Treasurers Investment Pool (IPTIP) “Illinois Fund”, or other stable markets will be used to determine whether market average yield benchmarks are being achieved. Procedures Safekeeping and Custody
IPTIP - Illinois Public Treasurers Investment Pool (Illinois …
WebFeb 27, 2024 · Fitch Ratings - New York - 27 Feb 2024: Fitch Ratings has affirmed the 'AAAmmf' rating of the Illinois Public Treasurer's Investment Pool (the fund) managed by the Office of the Illinois State Treasurer (the Treasurer's Office) following an ongoing bi-weekly surveillance review. KEY RATING DRIVERS. The key rating drivers for the affirmation are: Weba) The investment policy is a written statement describing the investment objectives, permissible investments, pool oversight and due diligence, and risk management practices and should be designed to: 1) describe the Treasurer's investment objectives; 2) state permissible investments; devon country pursuits
Investor Protection Trust – Independent funding for National …
WebStarted in 1975, IPTIP gives any custodian of public funds a safe and convenient means to invest tax dollars with a guaranteed high rate of return and immediate access to invested … WebMichigan Department of Treasury - Bureau of Investments 2501 Coolidge Road, Suite 400 East Lansing, Michigan 48823. Regular Mail. Michigan Department of Treasury/Bureau of … WebThe investment portfolio shall remain sufficiently liquid to enable The Illinois Funds to meet all participant redemption demands that might be reasonably anticipated. 2.3 Return on Investment . The investment portfolio shall be designed to obtain the highest available return. The Treasurer shall churchill mortgage amy phillips