What do we invest in?

North Carolina General Statute 159 authorizes the County to invest in:

  • Obligations of the U.S. Treasury
  • Obligations of any agency of the United States of America, provided the payment of principal and interest of such obligations is fully guaranteed by the United States
  • Obligations of certain quasi-federal agencies
  • Commercial paper bearing the highest credit rating available
  • Bankers' acceptances of accepting banks or holding companies either incorporated in the State of North Carolina, or having the highest available long-term debt rating
  • The North Carolina Capital Management Trust, a Securities and Exchange Commission (SEC) (2A-7) registered mutual fund.

Beaufort County investment model focuses on low risk investments first and then liquidity of funds.

Show All Answers

1. What is the Fiscal Year?
2. What is the Payroll Cycle?
3. What is our Bond Rating?
4. Does the County get audited?
5. What do we invest in?
6. When is the next bond sale?