Illinois State Treasurer’s Office News Releases

SPRINGFIELD — Collectible coins, paper money, watches and camera equipment are among the nearly 500 items worth approximately $32,000 to be auctioned online March 27-31. “For most people, it is difficult to believe that they might have overlooked an investment account or forgot an item in a safe deposit box. However, the thousands of names in our database shows that it happens too often,” Frerichs said. “While we cannot store the items forever, we can secure the proceeds and return the value to the proper owner.” Items include a 1926…

SPRINGFIELD — S&P Global Ratings has issued The Illinois Funds investment pool a AAAm credit rating, the highest available, Illinois State Treasurer Michael Frerichs said. The strong, positive rating of the treasurer’s office investment fund counters the string of downgrades and negative outlooks issued to instruments issued by Gov. Bruce Rauner. “This top-notch rating reflects our approach to investing taxpayer money,” Frerichs said. “The rating shows our success at balancing the access and availability of funds while receiving a strong return on investment for this type of product.” The Illinois…