Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Treasury Investment Board reports $35.98 million portfolio, invests cash into CDs and sweep account
Summary
At its meeting, the Treasury Investment Board reported a cost-basis portfolio of about $35.98 million, described recent CD purchases and an insured cash sweep holding roughly $10 million, and scheduled its next meeting for July 24.
The Treasury Investment Board reported a cost-basis portfolio of about $35,977,000 and described purchases of certificates of deposit and use of an insured cash sweep account during its meeting.
Board members heard that Huntington and Fifth Third accounts together earned about $405,000 in income for the first quarter and that an insured cash sweep account held roughly $10,000,000 and gained about $95,000 in the quarter. "For our the first quarter of 2025, our cost basis portfolio value is just over 35,977,000," the meeting presenter said. The presenter added that "this account gained just over $95,000 in income during the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
