Combined Investment Funds

Short-Term Investment Fund

The Short-Term Investments unit invests STIF assets, monitors custodian activity, and prepares quarterly and annual performance reports on the Fund. The unit makes longer-term investments for balances that are expected to be available on a more stable basis in the STIF Plus and Extended Investment Portfolio programs, and, pursuant to CGS 3-24k, the Community Bank and Credit Union Initiative, in which the Office of the Treasurer supports Connecticut-based banks and credit unions with assets not exceeding $1.0 billion through the investment of State funds in certificates of deposit at the qualifying institutions.