The purpose of the TrustINdiana program is to provide all Indiana local units of government the opportunity to invest in a common pool of investment assets that preserves the principal of the public's funds, remains highly-liquid, and maximizes the return on the investment of public funds. TrustINdiana only invests public sector funds in securities and other investments, which are legally permitted pursuant to Indiana law and in manner further defined by the program investment policy. There is no minimum for investing in TrustINdiana, nor are there transaction fees.
Daily Rate (%): 0.04
Annual Yield (%): 0.04
Average Month to Date (%): 0.04
Weighted Average Maturity (To Reset): 40 days
Weighted Average Maturity (To Final): 52 days
Daily Dividend: 0.000001002
Daily Balance: $462,284,833.00
Daily rate email updates are offered exclusively to Indiana local units of government.