big_lake_public_schools_isd_727_investment_transac.pdf
District holds CD investment with State Bank of India
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Description
Big Lake Public Schools maintains a $249,000 certificate of deposit with State Bank of India as part of its PMA operating investments, yielding 0.250% and maturing September 29, 2023. The CD supports secure short-term investment of district operating funds.
Contract Details
Contract Amount
$249,000.00
Vendor
STATE BANK OF INDIA
Agency
Big Lake Public School District, MN
Contract Type
FINANCIAL_SERVICES
Document Date
September 30, 2025
Contract Term
09/29/2021 – 09/29/2023
Renewal Date
2023-09-29
Renewal Info
CD matures on 2023-09-29; reinvestment or renewal would require a separate transaction or instruction.
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