New Whitepaper: Understanding Repurchase Agreements
Local government investment pools (LGIPs) are one of the most common investment products utilized by state and local governments nationwide.
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Whitepaper: Commercial Paper Overview
Commercial paper (CP) is a high-quality, short-term credit instrument used in money market funds and local government investment pools (LGIP)
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June 2026 Monthly Bond Market Review
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Commercial paper (CP) is a high-quality, short-term credit instrument used in money market funds and local government investment pools (LGIP) to enhance portfolio yield, maintain liquidity and diversify holdings. This paper provides an overview of the commercial paper market, examines the different types of commercial paper and describes the role it plays in the portfolio structure of an LGIP.