UPDATED: November 30, 2018
By state law, the Treasurer invests state agency assets exclusively in highly-rated fixed income securities. No assets are invested in equities (stocks). Funds are placed in 10 different fixed-income pools; each with unique statutory investment parameters including risk and duration limits. Investment products may include the following:
The state agency pools include approximately 900 different securities with maturities ranging from overnight to 30 years.