Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2000
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In our eReader you can find the full English version of the book. Read Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2000 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2000
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To quickly assess the difficulty of the text, read a short excerpt:
State Street Bank and Trust, or various brokerage services. As of June 30, 2000, the BOI was unaware of any legal risks regarding the other investments.
Securities Lending, governed imder the provisions of state statutes, authorizes the custodial bank. State Street Bank and Trust, to lend the BOI's securities to broker-dealers and other entities with a simultaneous agreement to return the collateral for the same securities in the fiiture. This is accomplished by the BOI via a Securities Lending... Authorization Agreement. During the period the securities are on loan, the BOI receives a fee and the custodial bank must initially receive collateral equal to 102 percent of the fair value of the loaned security and maintain collateral equal to not less than 100 percent of the fair value of the loaned security. The BOI retains all rights and risks of ownership during the loan period.
During fiscal year 2000, State Street Bank and Trust lent, on behalf of the BOI. certain securities held by State Street Bank and Trust, as custodian, and received U.S.
What to read after Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2000?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Legislative Audit Division to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
State Street Bank and Trust, or various brokerage services. As of June 30, 2000, the BOI was unaware of any legal risks regarding the other investments.
Securities Lending, governed imder the provisions of state statutes, authorizes the custodial bank. State Street Bank and Trust, to lend the BOI's securities to broker-dealers and other entities with a simultaneous agreement to return the collateral for the same securities in the fiiture. This is accomplished by the BOI via a Securities Lending... Authorization Agreement. During the period the securities are on loan, the BOI receives a fee and the custodial bank must initially receive collateral equal to 102 percent of the fair value of the loaned security and maintain collateral equal to not less than 100 percent of the fair value of the loaned security. The BOI retains all rights and risks of ownership during the loan period.
During fiscal year 2000, State Street Bank and Trust lent, on behalf of the BOI. certain securities held by State Street Bank and Trust, as custodian, and received U.S.
What to read after Public Employees' Retirement Board, Department of Administration, a Component Unit of the State of Montana : Financial-Compliance Audit for the Fiscal Years Ended June 30, 1998- 2000?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Legislative Audit Division to read onlineMoreLess
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