Approved Debt Securities Issuers
The Office of the Illinois Treasurer maintains an approved list of debt securities issuers that are authorized and suitable for investment. These entities are reviewed regularly to assess their continuing creditworthiness and eligibility in accordance with state statutes and agency policies. The list includes a variety of securities issuers, dealers, and funds, including:
- Commercial Paper Issuers
- Corporate Bond Issuers
- Repurchase Agreement Dealers
- Agencies and Treasuries
- Supranational Bond Issuers
- Money Market Funds
- Taxable Municipal Bonds
In line with the Treasurer’s commitment to community development and accountability, it is important to note that all securities issuers listed below that have a Community Reinvestment Act (CRA) rating (i.e., banks and financial institutions) maintain a rating of “outstanding” or “satisfactory” (as of May 1, 2021).
Attention Broker/Dealers: For a detailed list of approved counterparty programs, including ratings, restrictions, tickers, and CUSIPs, Commercial Paper – Approved List of Issuers as of September 26, 2025.
Commercial Paper Issuers
Corporate Bond Issuers
| Corporate Bond Issuers |
|---|
| Abbott Laboratories |
| Adobe Inc |
| Advanced Micro Devices Inc |
| Alphabet Inc |
| Amazon.com Inc |
| American Express Co |
| Apple Inc |
| Archer-Daniels-Midland Co |
| Automatic Data Processing Inc |
| Bank of America Corp |
| Bank of New York Mellon Corp |
| BMO Harris Bank NA |
| Bristol-Myers Squibb Co |
| Capital One Financial Corp |
| Cargill Inc |
| Caterpillar Inc |
| CenterPoint Energy Inc |
| Chevron Corp |
| Cisco Systems Inc |
| Citigroup Inc |
| Coca-Cola Co |
| Colgate-Palmolive Co |
| Comcast Corp |
| Corteva Inc |
| Deere & Co |
| Depository Trust & Clearing Corp |
| Eli Lilly & Co |
| Exxon Mobil Corp |
| Fifth Third Bancorp |
| Goldman Sachs Group Inc |
| Home Depot Inc |
| Honeywell International Inc |
| IBM Corp |
| Intel Corp |
| Johnson & Johnson |
| JPMorgan Chase & Co |
| Mastercard Inc |
| Merck & Co. Inc |
| Microsoft Corp |
| Morgan Stanley |
| Nestle SA |
| NIKE Inc |
| Northern Trust Corp |
| Nvidia |
| PACCAR Inc |
| PepsiCo Inc |
| Pfizer Inc |
| PNC Financial Services Group Inc |
| Procter & Gamble Co |
| Prudential Financial Inc |
| Roche Group |
| Rockwell Automation Inc |
| State Street Corporation |
| TD Bank Group |
| Truist Financial Corp |
| Union Pacific Corp |
| United Parcel Service Inc |
| UnitedHealth Group Inc |
| US Bancorp |
| Visa Inc |
| Walt Disney Co |
| Waste Management Inc |
| Wells Fargo & Co |
Repo Dealers
| Repo Dealers |
|---|
| ASL Capital Markets Inc. |
| Bank of Montreal, Chicago Branch |
| BMO Capital Markets Corp. |
| Clear Street LLC |
| Curvature Securities LLC |
| Daiwa Capital Markets America Inc. |
| DV Securities, LLC |
| HSBC Securities (USA) Inc. |
| Mizuho Securities USA LLC |
| The Northern Trust Company |
| Scotia Capital (USA) Inc. |
| Truist Securities, Inc. |
Agencies and Treasuries
| Agencies and Treasuries |
|---|
| Federal Agricultural Mortgage Corp |
| Federal Farm Credit Banks Funding Corp |
| Federal Home Loan Banks |
| Federal Home Loan Mortgage Corp |
| Federal National Mortgage Association |
| Tennessee Valley Authority |
Supranational Issuers
| Supranational Issuers |
|---|
| African Development Bank Group |
| Asian Development Bank |
| European Bank for Reconstruction and Development |
| European Investment Bank |
| International Bank for Reconstruction and Development |
| International Finance Corporation |
| Inter-American Development Bank |
Money Market Funds
| Money Market Funds |
|---|
| Allspring Government Money Market Fund – Select Class (WFFXX) |
| BLF FedFund – Mischler Financial Group Shares (HUAXX) |
| BLF TempCash – Institutional Shares (TMCXX) |
| BlackRock Cash Funds: Institutional – SL Agency Shares (BISXX) |
| BLF FedFund – Great Pacific Shares (GPAXX) |
| BlackRock Liquid Environmentally Aware Fund – Mischler Financial Group Shares (MFGXX) |
| BlackRock Select Treasury Based Liquidity Fund (EDUXX) |
| BlackRock Liquidity Funds: TempFund – Cabrera Capital Markets Shares (CCPXX) |
| BlackRock Liquidity Funds: TempFund – Institutional Shares (TMPXX) |
| BLF TempCash – Great Pacific Shares (GPCXX) |
| DWS ESG Liquidity Fund – Institutional Shares (ESGXX) |
| DWS Government Money Market Series – Institutional Shares (ICAXX) |
| Federated Hermes Institutional Prime Obligations Fund – IS Class (POIXX) |
| Federated Hermes U.S. Treasury Cash Reserves Fund – Institutional Shares (UTIXX) |
| Fidelity Investments Money Market Government Portfolio – Institutional Class (FRGXX) |
| First American Institutional Prime Obligations Fund – Class Z (FPZXX) |
| Goldman Sachs Financial Square Prime Obligations Fund – Drexel Hamilton Class (VTNXX) |
| Goldman Sachs Financial Square Government Fund – Institutional Shares or FST Shares (FGTXX) |
| Goldman Sachs Financial Square Government Fund – Loop Class (LDIXX) |
| Goldman Sachs Financial Square Government Fund – Drexel Hamilton Class (VETXX) |
| Goldman Sachs Financial Square Treasury Instruments Fund – Loop Class (LEIXX) |
| HSBC U.S. Government Money Market Fund – Class I Shares (HGIXX) |
| Invesco Government & Agency Portfolio – Institutional Class (AGPXX) |
| Invesco Government & Agency Portfolio – CAVU Securities Class (CVGXX) |
| Invesco Treasury Portfolio – CAVU Securities Class (CVTXX) |
| JPMorgan Prime Money Market Fund – Academy Class (JPAXX) |
| Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (MVRXX) |
| Morgan Stanley Institutional Liquidity Funds Prime Portfolio – Institutional Class (MPFXX) |
| Morgan Stanley Institutional Liquidity Funds Prime Portfolio – CastleOak Shares (CASXX) |
| Morgan Stanley Institutional Fund Trust Ultra-Short Income Portfolio – Class IR (MULSX) |
| Northern U.S. Government Select Portfolio – Siebert Williams Shank Shares (WCGXX) |
| Ramirez Government Money Market Fund – Institutional Class (RAMXX) |
| State Street Institutional U.S. Government Money Market Fund – Cabrera Capital Markets Class (CAHXX) |
| State Street Institutional Liquid Reserves Government Money Market Fund – Premier Class (SSIXX) |
| State Street Institutional U.S. Government Money Market Fund – Premier Class (GVMXX) |
| Western Asset Institutional Government Reserves – Institutional Shares (INGXX) |
| Western Asset Premier Institutional Government Reserves – Premium Shares (WACXX) |
Taxable Municipal Bonds
| Taxable Municipal Bonds |
|---|
| Arbor Park School District 145 |
| Athens Community Unit School District 213 |
| Belleville Public School District 118 |
| Calumet City School District 155 |
| Chicago Housing Authority |
| Chicago Park District |
| Chicago Transit Authority |
| City of Aurora |
| City of Burbank |
| City of Chicago, Illinois Water Fund |
| City of Collinsville |
| City of Dixon |
| City of Evanston |
| City of Flora |
| City of Freeport |
| City of Herrin |
| City of Moline |
| City of Rock Island |
| City of Rockford |
| City of Springfield – Water Fund |
| City of St Charles |
| City of Sterling |
| City of Waukegan |
| Coal City Community Unit School District 1 |
| County of Cook |
| County of St. Clair |
| County of Will |
| County of Winnebago |
| Danville Community Consolidated School District 118 |
| DuPage County (West Chicago) School District 33 |
| Edwardsville Community Unit School District 7 |
| Evanston Township High School District 202 |
| Fieldcrest Community Unit District 6 |
| Fulton Community Unit School District 3 |
| Greater Rockford Airport Authority |
| Heartland Community College District 540 |
| Homer Community Consolidated School District 33C |
| Huntley CSD158 |
| Illinois Housing Development Authority |
| Joliet Junior College Community College District 525 |
| Kane & Kendall Counties Community College District 516 |
| Kane County FPD |
| Kendall County (Plano) Community Unit School District 88 |
| Komarek School District 94 |
| Lake County Community College District 532 |
| Lewis and Clark Community College District 536 |
| Maercker School District 60 |
| Mascoutah Community Unit School District 19 |
| McLean County Unit School District 5 |
| Minooka CCSD201 |
| Moline-Coal Valley School District 40 |
| Oakton/Cook County College District 535 |
| Park Ridge-Niles School District 64 |
| Peotone Community Unit School District 207U |
| Reavis High School District 220 |
| Regional Transportation Authority |
| Rock Island Metro Airport |
| Sales Tax Securitization Corporation |
| Roselle School District 12 |
| Southern Illinois University |
| Sparta Community Unit School District 140 |
| St George Community Consolidated School District 258 |
| State of Illinois (Sales Tax Revenue Bonds) |
| Sycamore Community Unit School District 427 |
| Thornton Township High School District 205 |
| Tuscola CUSD301 |
| Urbana School District 116 |
| Village of Addison |
| Village of Bartlett |
| Village of Bedford Park |
| Village of Bensenville |
| Village of Bradley |
| Village of Buffalo Grove |
| Village of Downer’s Grove |
| Village of Elk Grove |
| Village of Harwood Heights |
| Village of Libertyville |
| Village of Northbrook |
| Village of Oak Park |
| Village of Rosemont |
| Village of Skokie |
| Village of South Holland |
| Village of Tinley Park |
| Village of Vernon Hills |
| Warren Township High School District 121 |
| Wauconda Community Unit School District 118 |
| West Aurora School District 129 |
| Western Springs School District 101 |
| Woodland Community Consolidated School District 50 |
| Woodridge Park District |
Disclaimer: The Office of the Illinois Treasurer does not endorse or recommend any companies, products, or services. Therefore, this list does not constitute or imply an endorsement or recommendation. This list is being provided solely for informational purposes. This list is subject to change without notice, and the companies on it are not guaranteed to remain as approved counterparties. Being an approved debt securities issuer does not imply or promise that a company will receive work from the Office of the Illinois Treasurer.