The New Hampshire Public Deposit Investment Pool (often referred to as the NHPDIP, PDIP, or Pool) was established in New Hampshire in 1993 under RSA 383:22-24.
The mission of the New Hampshire Public Deposit Investment Pool is to offer all New Hampshire public entities, including but not limited to towns, cities, counties, SAUs, school districts, trustee of trust funds, agencies, authorities, commissions, and the State an option for depositing/investing funds in a program that features safety, liquidity, and a competitive return.
The regulatory authority responsible for the oversight of the NHPDIP is the New Hampshire Bank Commissioner along with the Commissioner's Advisory Committee. Cutwater Investor Services Corp. (CISC), a subsidiary of Cutwater Asset Management, serves as the Program Administrator for the NHPDIP.
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*NOTE: As of October 21, 2009 Cutwater Asset Management (formerly MBIA Asset Management) has waived all or part of its management fee.
Daily Rate (%): 0.21
Annual Yield (%): 0.21
Average Month to Date (%): 0.21
Weighted Average Maturity (To Reset): 48 days
Weighted Average Maturity (To Final): 51 days
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