Welcome to IMET

Our Story

Created in 1996, under the Intergovernmental Cooperation Act and the Illinois Municipal Code, IMET was formed to provide Illinois government agencies with safe, liquid, attractive alternatives for investing. IMET offers participants two separate vehicles to meet their investment needs.

The IMET Core Fund (fka the 1-3 Year Fund) is designed for public funds that may be invested for longer than one year. The Core Fund carries the highest rating available (AAAf/bf) from Moody's. The IMET Core Fund performance is listed on IMET's home page.

The IMET Convenience Fund (CVF) is designed to accommodate funds requiring high liquidity, including short term cash management programs and temporary investment of bond proceeds. It is comprised of collateralized bank deposits, FDIC inusred certificates of deposit and US government securities. The current Convenience Fund rate is listed on IMET's home page.

IMET Annual Comprehensive Financial Report

Click here to download IMET's Annual Comprehensive Financial Report.

Recent News

Market Outlook - September 2025
September 09, 2025

The September 2025 Market Outlook provides updated economic data and Federal Reserve developments since the August 2025 Monthly Newsletter, highlighting stronger GDP growth, persistent inflation, stable bond spreads, and revised expectations for interest rate cuts.

Market Outlook - September 2025

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IMET Participant Spotlight: Massac County
August 25, 2025

In our first ever addition of the IMET Participant Spotlight, we explore Massac County, where Treasurer Sarah Bremer and her hardworking team share insights on serving their community in southern Illinois. The IMET Participant Spotlight is our way of highlighting the communities and finance professionals we proudly serve across Illinois.

IMET Participant Spotlight: Massac County

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IMET AUGUST 2025 Monthly Newsletter
August 19, 2025

Click on the link below to read the latest IMET Monthly Newsletter:

IMET August 2025 Monthly Newsletter

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Get involved with IMET! Serve on the IMET Board of Trustees!
August 12, 2025

The IMET Board of Trustees is soliciting interest from eligible IMET participants who would like to serve as a trustee of the IMET Board. One board position is now open as of August 11th, 2025. For more information click on the link below:  

Get involved with IMET! Serve on the IMET Board of Trustees!

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