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Certificates of Deposit


Location
Arizona
Publication Date
07/11/2019 12:56 PM EDT
Closing Date
07/31/2019 01:00 PM EDT
Issuing Organization
City of Surprise
Solicitation Number
Description

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. Banks may propose various types of CDs that return the largest interest percentage, but the maximum term for any of the investment CDs shall not exceed a maximum period of one year to fully mature.

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