Safety & Liquidity
The primary features of the NHPDIP are safety and liquidity. All funds are invested according to what is permissible under state statute and the investment criteria for the NHPDIP. The securities are held in the name of the legal entity, the New Hampshire Public Deposit Investment Pool, in third-party safekeeping. Funds are available to Participants on a daily basis without penalties or restrictions.
Besides investing NHPDIP funds only in securities legally permitted under state statute, NHPDIP offers the additional strength of its 'AAAm' rating by Standard and Poor's Ratings Services.
Competitive Yield
The NHPDIP is professionally managed to achieve the best possible return under prevailing market conditions. Interest is calculated and paid daily for an enhanced return on investment.
Convenience
Deposits, withdrawals, and transfers can be done in one of three ways: by calling Client Services toll-free any business day between 8:00 A.M. and 5:30 P.M.; by faxing a completed transaction form to Client Services toll-free; or through Client Connection, which provides secure internet access via a PIN number assigned to Participants. NHPDIP Participants may also have their monthly statement and transaction confirmations sent via email. Emailed monthly statements arrive within two business days following the end of the previous month.