Arkansas State Treasury

CD

Fixed Rate Auction

Treasury General Tier 2

START DATE

2024-03-12, 10:14:00 AM

END DATE

2024-03-12, 10:20:00 AM

Duration

0 Hours, 6 Minutes

SETTLEMENT DATE

2024-03-14

DAYS IN TERM

MATURITY DATE

2024-06-12

Partial offers accepted?

Yes

DESCRIPTION

(This auction represents a financial product which the Treasury wishes to buy.)

Amount: $7,500,000.00

Fixed Rate: 5.39%

Minimum Offer Amount: $500,000.00

Institution Groups

Tier Two

THIS AUCTION IS

CLOSED

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Fixed Rate Auction

Auction Amount: $7,500,000.00
Fixed Rate: 5.39%

Offer Total: $12,500,000.00
Amount Over: $5,000,000
Allocation Percentage: 60.0000%

Issues Detected: Your list of bids are not current. Please contact an administrator.

Rate

Amount

Offer Time

Institution

Name

Winning Bid 5.39 Adjusted Amount: $4,500,000.00
Original Amount: $7,500,000.00 10:14:14 03-12-2024 Encore Bank Spencer Peek
Winning Bid 5.39 Adjusted Amount: $3,000,000.00
Original Amount: $5,000,000.00 10:16:02 03-12-2024 First Service Bank Heather O'Bannion

	Rate	Amount	Offer Time	Institution	Name
Winning Bid	5.39	Adjusted Amount: $4,500,000.00 Original Amount: $7,500,000.00	10:14:14 03-12-2024	Encore Bank	Spencer Peek
Winning Bid	5.39	Adjusted Amount: $3,000,000.00 Original Amount: $5,000,000.00	10:16:02 03-12-2024	First Service Bank	Heather O'Bannion