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Board bars certificate‑deposit placements, directs treasurer to purchase warrants
Arkansas State Board of Finance · November 6, 2024
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Summary
The State Board of Finance voted that no funds be placed in the certificate deposit program for Q3 FY25 and directed the treasurer to purchase warrants and maintain reasonable balances in demand deposits and money‑market accounts for daily operations.
The Arkansas State Board of Finance voted to keep the State Board of Finance certificate deposit program inactive for the third quarter of fiscal 2025 and directed the state treasurer to purchase warrants and…
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