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State to Put Another 25 Million in Short-Term Securities
Raleigh April 2. North Carolina moves to invest an additional 25 million dollars of uninvested state funds in short-term federal securities. Governor Scott and the council of state authorized State Treasurer Brandon P Hodges to place idle money. The new funds will earn about one and one half percent interest. The state’s total in short-term U S securities stands at about 137 million dollars not counting yesterday’s authorization.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Scott
Council of State
Brandon P. Hodges
U. S