How to Participate
Currently serving over 200 municipalities and government agencies, IMET provides participants with two investment options: a liquidity option and an intermediate-term option with a fluctuating net asset value and an average maturity of 1 to 3 years.
3 Steps to Invest with IMET
Opening your account is simple!
- Pass an ordinance, resolution or adopt an investment policy authorizing participation in IMET.
- Complete an IMET Account Application.
- Return the Application along with your redemption instructions and fund your account with your initial investment. There are no restrictions to the number of accounts you can have.
The GFOA Executive Board adopted two best practices pertaining to investing at its September 20, 2019 meeting, Collateralizing Public Deposits and Using Cash Flow Forecasts for Treasury and Operations Liquidity.Read more