August 29, 2016
The Arkansas Office of the Treasurer (the “Office”) is responsible for the deposits, investments, and disbursements of funds into or out of the State Treasury. This Office is managed by the Treasurer of the State of Arkansas (the “Treasurer”). The purpose of this procurement is to select a financial institution to provide custody and safely keep a portfolio of approximately $6 billion; maintain a daily market value in accordance with margin requirements for collateralized investments such as repurchase agreements; and, when required, accept physical delivery, and collateral securing the State’s investments.
NAST Appointed to Congressional Task Force on Intergovernmental Affairs https://goo.gl/do8ZYR