Trustees Approve $700K Bond Investment via Bank of NH
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Description
The Town of Lincoln Trustees of Trust Funds approved investing $700,000 of capital reserve funds in fixed income bonds through Bank of NH. The decision follows a review of investment performance and targets a roughly 4.5% return on high quality bond instruments.
Contract Details
Contract Amount
$700,000
Vendor
BANK OF NH
Agency
Town of Lincoln, NH
Contract Type
FINANCIAL_SERVICES
Document Date
January 15, 2026
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