HomeNews and AnnouncementsRequest for Proposal: Payroll-Deduction IRA Program Administrator Services

Request for Proposal: Payroll-Deduction IRA Program Administrator Services

November 28, 2022November 28, 2022nmstogovNews and Announcements

The New Mexico State Treasurer’s Office and the New Mexico Work and $ave Board are seeking proposals from qualified firms: Payroll-Deduction IRA Program Administrator Services—Request for Proposal: RFP# 21-394-000000111. The RFP can be downloaded at https://nmsto.gov/wp-content/uploads/2022/11/RFP-W-and-S-Program-Administrator-Services-Issued-2022-11-28.pdf. Proposals are due on Tuesday, December 27, 2022, at 4:00 pm Mountain Standard Time.

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U.S. Treasury Rates: November 04, 2024, as of 8:37am MT RATES

Indicative rates only. Past performance is no guarantee for future results. Your actual return is dependent on the amount and time that you are invested in the LGIP. This does not constitute an offer to buy or sell securities. Participation is subject to qualification requirements.

30-Day U.S. Treasury Bill	4.627%
60-Day U.S. Treasury Bill	4.618%
90-Day U.S. Treasury Bill	4.496%
120-Day U.S. Treasury Bill	4.503%
150-Day U.S. Treasury Bill	4.436%
182-Day U.S. Treasury Bill	4.422%
272-Day U.S. Treasury Bill	4.108%
1-Year U.S. Treasury Bill	4.222%
2-Year U.S. Treasury Note	4.131%

LGIP Participant Rates: November 04, 2024, as of 8:38am MT RATES

LGIP Current Daily Net	4.838
LGIP Current Daily Gross	4.888
30-Day Net	4.853
30-Day Gross	4.903

Overnight Repurchase Agreement Rate: November 04, 2024, as of 8:38 am MT

Overnight Repo

4.803%

New Mexico State Treasurer @nm_treasurer ·

30 Oct

We want to welcome Nathan Sedillo to the STO team! Nathan brings a wealth of experience, having previously worked for PERA, NM State Land Office, & the NM Human Services Dept. We’re proud that Nathan’s extensive service to NM will continue as an Administrative Operations Manager.

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New Mexico State Treasurer @nm_treasurer ·

29 Oct

Kristen Dorland has nearly 20 years of experience working for the state in various positions in education, defense, & transportation. We’re thrilled to have Kristen serve as our new CFO & bring her fresh outlook, positive attitude, well-rounded skillset, & expertise to STO.

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New Mexico State Treasurer @nm_treasurer ·

28 Oct

Access to ✨💰capital💰✨ is a critical factor for accumulating wealth. Economist Dr. Darrick Hamilton & Connecticut State Treasurer Erick Russell explain how Baby Bonds can stop the cycle of generational poverty. WATCH: #BabyBonds #Economy #Finance

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