County Weighs $1.5M Bond Ladder with Moreton Capital
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Description
Fillmore County’s Finance Director requested Board approval to invest up to $1.5 million with Moreton Capital Markets in a 3–5 year bond ladder using treasuries, agencies, brokered CDs, and municipal bonds. Moreton currently supplies the county with quarterly investment analytics and training support.
Contract Details
Contract Amount
Up to $1.5M to be invested
Vendor
MORETON CAPITAL MARKETS
Agency
Fillmore County, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Proposed 3–5 year bond ladder
Renewal Info
Proposal would expand the existing advisory relationship by authorizing new investments to create a longer-term bond ladder, with specific securities to be selected at prevailing rates on the trade date.
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