Advance Funding Program
2008 Program Highlights
- Totaling $518,585,000 at just 2.39%
(119 total participants including 12 libraries, 94 schools, 5 cities and towns, 2 counties, 6 townships and others)
Principal Amounts of Notes - $518,585,000
Pooled Financing Benefits Received by Each Participant - Interim funds available first business day of January
- Low all inclusive borrowing rates
- Highest Standard & Poor's Short-Term credit ratings
- Easy application Process
- No hidden fees or charges
- Flexible draw down option available
- Pre-payment option available
- Eliminates the need to bid financing
- Cash flow projection assistance at no charge
- Arbitrage rebate assistance
2008 ALL-IN RATE 2.39%
Interest Rate History
2009 Advance Funding Program - NEW APPLICATION (in MSWord)
Instructions for Application - EXCEL CASH FLOW TEMPLATE
TIME LINE - Participant Schedule
Questions ? Call us at 317-233-0888, or 800-535-6774 or send us an email.
