Rock River Region Luncheon - Investing Public Funds in a Rising Rate Environment
Presented by the Downstate chapter
Thursday, September 27, 2018, 12:00 PM–1:00 PM
Tavern on Clark, 755 Clark Drive, Rockford, IL 61104 Map »
- Members $20.00 Before Sep 26, 2018
- Government staff members $20.00 Before Sep 26, 2018
- Non-members $25.00 Before Sep 26, 2018
The Fed Funds Target Rate has risen seven times from December 2015 through June 2018 causing short-term fixed income yields to rise as well. Local governments are now seeing cash deposits rates at their highest levels in nearly a decade and the investment income line item in their budgets becoming a relevant source of revenue again. Since rates have been low for so long, this luncheon’s focus will be on the important considerations local governments should think about when investing in a rising interest rate environment.
Topics of discussion will include the recent rise in rates, possible changes to your investment strategy, and the forecast for rate movements in the future. This discussion will be relevant to local governments of all types and sizes.
Speaker: Michelle Binns, Senior Managing Consultant, PFM
For more information
Registration and cancellation policy
Registrations are accepted on a first-in, first registered basis. Payments by check should be mailed in advance or made at time of registration by credit card. Payments will not be accepted the day of the event.
IGFOA Members are those Public Sector and Associate individuals specifically listed in the IGFOA Membership Application or Renewal. IGFOA Government non-member rate applies to staff, appointed officials, and elected officials of a government with a current IGFOA membership. The IGFOA reserves the right to apply the non-member fee to any individual or government that has not paid dues for the current year. If you have questions about your membership, contact IGFOA at 630-942-6587.
If you are unable to attend, please contact IGFOA at 630-942-6587 or firstname.lastname@example.org as soon as possible. A $10 cancellation fee will be charged for cancellations up to September 20, 2018. Cancellations after September 20, 2018 and no-shows are responsible for the full fee.
IGFOA reserves the right to modify the agenda, cancel the event due to low enrollment, or to close registration if full. Should IGFOA Downstate Chapter cancel an event, cancellation notice will be sent to the email address provided by each registrant and prominently posted at the IGFOA website page announcing the event. By submitting this registration, the applicant agrees to the registration and cancellation policy above.