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 Internal Revenue Service and the Treasury Department have issued final rules blocking certain states’ attempts to work around the new $10,000 cap for state and local tax deductions.Read more
"Fade the futures.” That’s market jargon for going against the financial futures market, in this case the contracts on what the federal-funds rate will be in months hence. The market is betting on multiple reductions in the Federal Reserve’s main interest-rate target later this year. The trouble is, the futures market was just as certain late last year that multiple rate increases were ahead.Read more