SiteTitle | • | Office of the Illinois State Treasurer Request for Proposals . . . Securities Lending Services (Custodial and Non-Custodial) | [X] |
| | 1: | | Title: | | | | | Volume/Number: | 2004 January 21 | | | | Issuing Agency: | | | | | Description: | The Office of the Illinois State Treasurer (Treasurer) is contemplating the implementation of an agency securities lending program for various asset pools under its control. The Treasurer is authorized to lend securities pursuant to 15 ILCS 520/22.5. The Treasurer does not currently engage in securities lending. The purpose of the RFP is to evaluate the range of vendor capabilities, including custodial and non-custodial (thirdparty) securities lending providers. The Treasurer may contract with one or more vendors. The winning bidder(s) will be expected to operate a pilot program for a period of one year, after which time the Treasurer will evaluate whether to expand the size and scope of the program. Upon expiration of this term, the Treasurer, in its discretion, may elect to extend the relationship for a period of time with terms agreed upon by the parties, consistent with Procurement Regulations. The pilot program will involve the portfolio attached hereto and designated as Attachment 1. | | | | Date Created: | 01 21 2004 | | | | Agency ID: | | | | | ISL ID: | 000000002842 Original UID: 2739 FIRST WORD: Office | |
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