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CERTIFICATES OF DEPOSIT


Location
Arizona
Publication Date
09/06/2019 09:20 AM EDT
Closing Date
09/23/2019 01:00 PM EDT
Issuing Organization
City of Surprise
Solicitation Number
Description

Specifications include, but are not limited to: The City of Surprise is seeking to purchase certificates of deposit directly from commercial banks that are insured by the Federal Deposit Insurance Company. The City is looking to invest $30M in various types of short‐term large CDs as defined below. The City of Surprise requires the following investment breakdown: Tier 1 Investment Amount: $10,000,000 Investment Term: 3 months Tier 2 Investment Amount: $10,000,000 Investment Term: 6 months Tier 3 Investment Amount: $10,000,000 Investment Term: 9 months

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