Arkansas State Treasury

CD

Fixed Rate Auction

Treasury General Tier 2

START DATE

2023-10-11, 10:14:00 AM

END DATE

2023-10-11, 10:20:00 AM

Duration

0 Hours, 6 Minutes

SETTLEMENT DATE

2023-10-13

DAYS IN TERM

MATURITY DATE

2024-01-11

Partial offers accepted?

Yes

DESCRIPTION

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

Amount: $10,000,000.00

Fixed Rate: 5.5%

Minimum Offer Amount: $500,000.00

THIS AUCTION IS

CLOSED

Please Sign-In to place a bid.

Fixed Rate Auction

Auction Amount: $10,000,000.00
Fixed Rate: 5.50%

Offer Total: $14,000,000.00
Amount Over: $4,000,000
Allocation Percentage: 71.4286%

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

Rate

Amount

Offer Time

Institution

Name

Winning Bid 5.50 Adjusted Amount: $2,857,142.86
Original Amount: $4,000,000.00 10:16:09 10-11-2023 First Service Bank Tanya Kennon
Winning Bid 5.50 Adjusted Amount: $7,142,857.14
Original Amount: $10,000,000.00 10:16:41 10-11-2023 Bank OZK Drew Harper

	Rate	Amount	Offer Time	Institution	Name
Winning Bid	5.50	Adjusted Amount: $2,857,142.86 Original Amount: $4,000,000.00	10:16:09 10-11-2023	First Service Bank	Tanya Kennon
Winning Bid	5.50	Adjusted Amount: $7,142,857.14 Original Amount: $10,000,000.00	10:16:41 10-11-2023	Bank OZK	Drew Harper