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 1-3 Year Fund is designed for public funds that may be invested for longer than one year. The 1-3 Year Funds carries the highest rating available (AAAf/bf) from Moody's. The 1-3 Year 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 Comprehensive Annual Financial Report

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Recent News

IMET NOVEMBER 2022 Monthly Newsletter
November 10, 2022

In this month's monthly newsletter, you will learn about IMET's Annual Participant Meeting coming March 2023, read about IMET Funds Performance, see all the upcoming events IMET will be participating in the remainder of the year, review the latest economic update, learn about some of IMET's additional services, and view the performance report for October 2022. 

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IMET OCTOBER 2022 Monthly Newsletter
October 17, 2022

In this month's monthly newsletter, you will be able to read about IMET Funds Performance, see all the upcoming events IMET will be participating in this fall, review the latest economic update, and view the performance report for September 2022. 

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IMET SEPTEMBER 2022 Monthly Newsletter
September 12, 2022

In this month's monthly newsletter, you will be able to see all the upcoming events IMET will be participating in, review the latest economic update, and view the performance report for August 2022. 

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IMET AUGUST 2022 Monthly Newsletter
August 25, 2022

In this month's monthly newsletter, you will be able to read about the ICTA Annual Summer Conference that took place in Carbondale, see all the upcoming events IMET will be participating in, review the latest economic update, and view the performance report for July 2022. 

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