FINANCIAL_SERVICESDISCUSSSED

NISA Bond Overlay Deactivation to Cut Credit Exposure

Investment staff outlined a plan to turn off the NISA bond overlay, trimming $166 million in public credit exposure. This change supports reallocating capital into private infrastructure investments over the coming year.

Status
DISCUSSSED
Document date
May 28, 2026
Contract type
FINANCIAL_SERVICES
Vendor
NISA
Agency
North Dakota Department of Trust Lands · ND

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Scope & details

The full contract record, as filed.

Contract amount
Reduction of $166,000,000 in bond overlay exposure
Contract type
FINANCIAL_SERVICES
Renewal
Existing bond overlay mandate to be deactivated; no renewal or extension described.
Document type
Minutes
Source document
Board of University and School Lands Minutes 2026-05-28

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by North Dakota Department of Trust Lands?

NISA was awarded this financial services contract by North Dakota Department of Trust Lands, as recorded on May 28, 2026. The contract value is Reduction of $166,000,000 in bond overlay exposure.

How much is the NISA contract with North Dakota Department of Trust Lands worth?

The NISA contract with North Dakota Department of Trust Lands is valued at Reduction of $166,000,000 in bond overlay exposure, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Board of University and School Lands Minutes 2026-05-28 (Minutes), dated May 28, 2026 from North Dakota Department of Trust Lands. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does NISA hold?

NISA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is North Dakota Department of Trust Lands currently buying?

Explore North Dakota Department of Trust Lands's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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