Cash Management
The Nebraska Public Agency Investment Trust (NPAIT) is a collective effort of Nebraska public entities to invest funds jointly through a safe, efficient investment program. Designed and governed by public entities, NPAIT is managed with guiding principles focused on public entities and the communities they serve:
Safety of Invested Funds
NPAIT invests in only the highest quality securities authorized for NPAIT participants, including U.S. Government and U.S. Agency securities and investments collateralized by those securities such as Certificates of Deposit from Nebraska financial institutions.
Maximizing Income
Collective investing allows NPAIT to purchase securities in larger denominations in a professionally managed portfolio of securities to provide the highest return available.
Daily Liquidity
Funds invested in NPAIT may be withdrawn on a daily basis and there are no minimum or maximum investment amounts.
Ease of Operation
NPAIT transactions can be made with a simple toll-free call or with our full-service online transaction platform, which offers multiple transaction options, consolidated and downloadable reporting, and a wide range of fund information.consolidated and downloadable reporting, and a wide range of fund information.
Fixed Term Services Program
Extensive institutional relationships and an extensive local bank network enable NPAIT to provide Participants with a wide range of fixed income opportunities, including multiple durations of:
- Statute Allowable Certificates of Deposit (CDs)
- Government Securities
In addition, with NPAIT’s online transaction and reporting program, consolidated reporting of Fixed Rate and liquid investments are available in a single, efficient platform.
Term Series II
ABOUT TERM SERIES II
Term Series II (TS II) is a pooled investment portfolio that is designed to provide a fixed rate of return while prioritizing capital preservation, liquidity at Planned Redemption Date, and competitive yields through investments in Permitted Investments approved by the NPAIT Board of Trustees.
Permitted Investments include highly rated investment vehicles such as obligations of the U.S. government and its agencies and instrumentalities, commercial paper, insured or collateralized certificates of deposits, interest-bearing time deposits, and investments allowed by law and approved by the Board. Investments not authorized by Nebraska law are prohibited in any TS II portfolio.
TS II allows Participants to invest in shares of TS II on certain dates and to select a Planned Redemption Date with a fixed rate of return specific to that investment.
For additional information on TS II, please click here or contact the NPAIT team.
