Accountability for the Investment of Public Funds Act

Total Page：16

File Type：pdf, Size：1020Kb

Accountability for the Investment of Public Funds Act In conformity with the Accountability for the Investment of Public Funds Act (Public Act 93-0499), the Department of Commerce and Economic Opportunity (DCEO) discloses that all funds appropriated to and expended by DCEO are held in the State Treasury and therefore not held or invested by DCEO, with the exception of the funds held pursuant to 15 ILCS 405/21 (Imprest Accounts), disclosed below: Month ending November 30, 2012 Interest bearing accounts: Foreign Office Holding Ending Exchange Currency Interest Location/ Bank Currency Balance Rate Interest Rate Brussels, Belgium / Fortis Bank (a) Euro 50,561.70 .76867 .25% a) Fortis Bank calculates interest earnings at .25% of any balance over 2,500 Euros at the end of each month. This amount is accumulated at the Bank and paid to the account on an annual basis in January. Non-interest bearing accounts: Office Holding Ending Exchange Location/ Bank Currency Balance Rate____ Hong Kong, China / HSBC Hong Kong $ 443,535.52 7.7501 New Dehli, India / State Bank of India Rupee 1,094,645.71 54.2730 Mexico City, Mexico / Banamex Peso 630,168.97 12.9190 Tokyo, Japan / Citibank Yen 7,524,122.00 82.5600 Toronto, Canada / Bank of Montreal Canadian $ 42,258.49 .99320 Warsaw, Poland / Bank Pekao SA U.S. $ 52,942.14 1.0000 (Ending Balance divided by the Exchange Rate = US dollar value) The above funds are Imprest bank accounts held in the name of the Department of Commerce and Economic Opportunity in bank accounts outside of the United States of America for the purpose of paying local operational expenses of foreign offices. These accounts receive reimbursement from DCEO’s appropriations and funds held by the State Treasury. .

Copy Link

Recommended publications

BMO Selectclass® Growth Portfolio*
BMO Global Tax Advantage Funds BMO SelectClass® Growth Portfolio* IdeAl InveSTOr You are seeking long-term capital appreciation with some element of capital preservation. Growth Aggressive Growth E Q U I T Y F I X E D I N C O Balanced 25% M 100% E F I X turn E D 75% Y Y I T T Re N I I U C U 52.5% 47.5% Q E O Q M Security E E Y I T U Q E 25% F I X E WHY InveST In THIS FUnd? 75% D I N C O M A comprehensive investment E management solution that provides the Risk following benefits: • Diversification by asset class, geography InveSTMenT OBJeCTIve and market capitalization • Professionally constructed and optimized This Portfolio’s objective is to provide long-term growth by investing primarily in portfolios to reduce risk and enhance mutual funds invested in equity securities and, to a lesser extent, in mutual funds return potential invested in fixed income securities. • Manager selection and monitoring to ensure your assets are managed by POrTFOlIO COMPOSITIOn knowledgeable investment specialists • Automatic portfolio rebalancing Fund % Portfolio Advisor Fixed Income A corporate class structure to allow you BMO Bond Fund 15.00 Jones Heward Investment Counsel Inc. to accumulate capital as tax efficiently BMO World Bond Fund 5.00 Insight Investment Management Limited as possible BMO Global High Yield Bond Fund 5.00 PIMCO Canada Corp. • Each BMO SelectClass Portfolio is a series Total Fixed Income 25.00 class of BMO Global Tax Advantage Funds Equity Inc., allowing you to switch among the 4 Portfolios and 10 other classes without BMO U.S.
[Show full text]
BMO Private Equity Trust PLC
BMO Private Equity Trust PLC Annual Report and Accounts 31 December 2019 BMO Private Equity Trust PLC Celebrating1 | BMO Private 20 Equity years Trust PLC– 1999 to 2019 Report and Accounts 2019 | PB 2 | BMO Private Equity Trust PLC Report and Accounts 2019 | 1 Overview Overview Contents Chairman’s statement Strategic Auditor’s Report Overview Independent Auditor’s Report 40 Company Overview 2 Report Financial Highlights 3 Summary of Performance 4 Financial Report Statement of Comprehensive Income 46 5 Balance Sheet 47 Chairman’s Statement Statement of Changes in Equity 48 Governance Statement of Cash Flows 49 Strategic Report Notes to the Financial Statements 50 Strategic Report – Introduction 7 M DisclosuresAIF 63 Principal Policies 9 Report Promoting the Success and Sustainability of the Company 11 Sustainability and ESG 12 Annual General Meeting Key Performance Indicators 13 Notice of Annual General Meeting 64 Investment Manager 14 Investment Manager’s Review 15 Other Information Auditor’s Shareholder Information 69 Portfolio Summary 19 Top Ten Holdings 20 History 70 Report Portfolio Holdings 22 Historical Record 70 Principal Risks 24 Alternative Performance Measures 71 Glossary of Terms 73 Governance Report w Ho to Invest 75 Corporate Information 76 d of BoarDirectors 26 Financial Report of the Directors 27 Report Corporate Governance Statement 31 Report of the Audit Committee 33 Report of the Nomination Committee 35 Directors’ Remuneration Report 36 Report of the Management Engagement Committee 38 Statement of Directors’ Responsibilities 39 AGM Other Information 2 | BMO Private Equity Trust PLC Report and Accounts 2019 | 1 185155 PET AR19 PRINT.indd 1 16/04/2020 13:58 BMO Private Equity Trust PLC Company Overview The Company BMO Private Equity Trust PLC (‘the Company’) is an investment trust and its Ordinary Shares are traded on the Main Market of the London Stock Exchange.
[Show full text]
BMO Growth GIC Reference Portfolio
BMO® Growth GIC December 2011 - Series 56 Term 4 Years 100% Principal Protected Minimum Investment $1000 Maximum Rate of Return for the Term 17.00% (4.25% annually*) This medium term GIC allows you to participate in the growth This GIC may be right for you if you: of Canadian stocks with no risk to your principal investment. It are looking to diversify your portfolio with a medium term offers the potential to generate returns based on the investment peformance of a basket of 15 large Canadian companies. would like principal protection Reference Portfolio are willing to forego a guaranteed return for the potential to earn higher market-linked returns Company can keep your money invested until the end of the term Royal Bank of Canada (RY) Manulife Financial Corp. (MFC) Bank of Nova Scotia (The) (BNS) This GIC is an excellent way for you to gain access to the Toronto-Dominion Bank (The) (TD) returns on a portfolio of 15 large Canadian companies with the Canadian Imperial Bank of Commerce (CM) security of principal protection. Thomson Reuters (TRI) Principal protection - 100% of your original investment is returned to you at maturity Sun Life Financial Inc. (SLF) Manitoba Telecom Inc. (MBT) Higher return potential based on the performance of a portfolio of Canadian stocks Brookfield Asset Management, Class A (BAM.A) ® TransCanada Corp. (TRP) Designed in partnership with BMO Capital Markets , a market leader in creating innovative investment solutions Power Financial Corp. (PWF) Enbridge Inc. (ENB) Guaranteed by Bank of Montreal National Bank of Canada (NA) Eligible for Canada Deposit Insurance Corporation (CDIC) Teck Resources Ltd., Class B (TCK.B) deposit insurance up to applicable limits CI Financial Corp.
[Show full text]
09/26/2018 Bank of Montreal at CIBC Eastern Institutional Investor Conference
09/26/2018 Bank of Montreal at CIBC Eastern Institutional Investor Conference Bank of Montreal at CIBC Eastern Institutional Investor Conference 2018 Caution Regarding Forward-Looking Statements C O R P O R A T E Bank of Montreal’s public communications often include written or oral forward-looking statements. Statements of this type PARTICIPANTS are included in this document, and may be included in other filings with Canadian securities regulators or the U.S. Securities and Exchange Commission, or in other communications. All such statements are made pursuant to the “safe harbor” Ernie Johannson provisions of, and are intended to be forward-looking statements under, the United States Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation. Forward-looking statements may involve, but are not Group Head, U.S. Personal & Business Banking limited to, comments with respect to our objectives and priorities for fiscal 2018 and beyond, our strategies or future actions, our targets, expectations for our financial condition or share price, and the results of or outlook for our operations or for the Bank of Montreal Canadian, U.S. and international economies. Forward-looking statements are typically identified by words such as “will”, “should”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “plan”, “goal”, “target”, “may” and “could”. CONFERENCE CALL By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties, both general and specific in nature. There is significant risk that predictions, forecasts, conclusions or PARTICIPANTS projections will not prove to be accurate, that our assumptions may not be correct, and that actual results may differ materially from such predictions, forecasts, conclusions or projections.
[Show full text]
Some Implications of the Tensions in Ukraine After a Tense Start to the Week, Market Angst Over the Tensions Between Ukraine ECONOMIC RESEARCH and Russia Has Eased
A timely analysis of recent economic events March 4, 2014 Some Implications of the Tensions in Ukraine After a tense start to the week, market angst over the tensions between Ukraine ECONOMIC RESEARCH and Russia has eased. Russia’s stock market retraced half of Monday’s losses, www.bmocm.com/economics the ruble firmed from record lows, and the Ukrainian hryvnia has stabilized. 1-800-613-0205 While Russia’s troops on the border with Ukraine have returned to their bases, Benjamin Reitzes, the risk is clearly that the situation destabilizes further. Indeed, fears remain Senior Economist that Russia could make a push (official or unofficial) into other Russian- [email protected] speaking provinces in Ukraine under the guise of protecting Russian interests. 416-359-5628 And, the standoff over Crimea is not over yet, though a referendum due March 30 in this Russian speaking province points to increasing Russian influence at the expense of Ukraine’s central government. This crisis is not over yet. As such, it’s worthwhile to take account of the potential economic ramifications. Clearly, an intensified conflict would be negative for the region and global economy. The steep deterioration in relations with Russia is broadly a negative. More specifically, the U.S., EU and Western allies have threatened Russia with economic sanctions and potential expulsion from the G8. The consequences could be quite severe for the Russian economy, depending on the extent of the sanctions. However, Russia is a key supplier of oil and natural gas to Europe, which, along with extensive direct business interest in the country, could make the EU reluctant to apply harsh sanctions.
[Show full text]
Joe Wald and Ray Ross, BMO Capital Markets Group
November 12, 2020 Ms. Vanessa Countryman Secretary Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549-1090 Re: Joint Industry Plan; Notice of Filing of a National Market System Plan Regarding Consolidated Equity Market Data (File No. 4-757) Dear Ms. Countryman: BMO Capital Markets1 is writing to provide its views on the SROs’ proposed new single national market system (“NMS”) plan governing the public dissemination of real-time consolidated equity market data for NMS stocks (“CT Plan”). As we discussed in our comment letter on the Commission’s order directing the SROs to act jointly in developing and filing the Plan,2 BMO Capital Markets believes that of all of the market structure and trading issues being examined and debated, concerns relating to the provision of market data, including the current governance model of the NMS plans, are of utmost importance.3 We therefore support the provisions of the proposed CT Plan overall. 1 BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Harris Bank N.A. (member FDIC), Bank of Montreal Europe p.l.c, and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC (Member FINRA and SIPC) in the U.S., and the institutional broker dealer businesses of BMO Nesbitt Burns Inc. (Member Investment Industry Regulatory Organization of Canada and Member Canadian Investor Protection Fund) in Canada and Asia, Bank of Montreal Europe p.l.c.
[Show full text]
Bank of Montreal, Caixabank, Commerzbank, Erste Group, IBM and UBS Collaborate to Advance an Open, Blockchain-Based Trade Finance Platform
Bank of Montreal, CaixaBank, Commerzbank, Erste Group, IBM and UBS Collaborate to Advance an Open, Blockchain-based Trade Finance Platform New platform designed to support trade finance transactions 4 October, 2017 – Bank of Montreal (BMO), CaixaBank, Commerzbank and Erste Group have joined an initiative launched by UBS and IBM in 2016 to build a new global trade platform based on blockchain technology. This new platform, called Batavia, is built to be openly accessed by organisations of all sizes anywhere in the world, and can support trade finance for transactions across all modes of trade, whether goods are being transported by air, land or sea. Batavia advances the work initiated by UBS and IBM to develop a trade finance platform built on the IBM Blockchain Platform powered by the Hyperledger Fabric Blockchain framework. The development work is being done collaboratively by the five banks and IBM in consultation with transportation industry experts as well as the banks’ customers to ensure that the platform is flexible and intuitive for customers and can be commercialized. Batavia is targeting pilot transactions with customers on the network in early 2018 to test and refine the platform. Designed to support more efficient, transparent and cost effective transactions, the new global trade financing platform will help organizations more easily build multi-party, cross-border trading networks worldwide. Batavia will allow transacting parties to view the progress of a shipment as it leaves the warehouse, is loaded onto a plane, truck or boat and arrives at the receiving port, automatically releasing payments incrementally along each step of the process.
[Show full text]
The End of the Beginning
The primary source of global securities finance news and analysis Issue 276 27 April 2021 The end of the beginning Jonathan Lee of Kaizen Reporting explains how his firm is bringing novel solutions to lingering reporting issues and how Brexit creates double jeopardy for regulatory compliance Automating Swaps Work Flow © 2020 EquiLend Holdings LLC. Swaptimization_ad_SLT_final.indd 1 1/10/20 10:29 AM Lower risk. Greater returns. Eurex fixed income brings it all together. Now you can move your success forward – with one-stop-shop efficiency for a truly collaborative approach. Discover your next bold move at eurex.com. Architects of trusted m�rkets Lead Story 3 BMO exits agency lending Mitsubishi UFJ Trust and Banking Corporation for the past year, while MUTB, which has Kunkle declined to comment on the deal (MUTB) has inked a deal with Bank of been building out its third-party lending service other than to confirm he has left BMO and Lower risk. Greater returns. Eurex fixed income brings it all Montreal (BMO) to take on its entire book of since 2019 and is seeking to grow outside of to say he is open to new opportunities in the together. Now you can move your success forward – with clients under its agency securities lending its established Asian foundation, will welcome coming months. programme in a move designed to significantly BMO’s large, North American client base. one-stop-shop efficiency for a truly collaborative approach. enhance its North American footprint. Meanwhile, MUTB has been on a hiring Discover your next bold move at eurex.com.
[Show full text]
UNITED STATES SECURITIES and EXCHANGE COMMISSION FORM 10-Q HSBC USA Inc
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2018 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-07436 HSBC USA Inc. (Exact name of registrant as specified in its charter) Maryland 13-2764867 (State of incorporation) (I.R.S. Employer Identification No.) 452 Fifth Avenue, New York, New York 10018 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (212) 525-5000 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company.
[Show full text]
US Strategy Comment
March 23, 2020 US Strategy Comment Investment Strategy Coronavirus Positioning and the Next Bull Market Brian G. Belski Chief Investment Strategist [email protected] (212) 885-4151 Nicholas Roccanova, CFA Sr. Investment Strategist Three Rational Scenarios to Cope With the Irrational and Unknown [email protected] (212) 885-4179 There is no denying that a cyclical bear market has begun. Only two primary questions Andrew Birstingl remain: duration and depth of the pain. At this point, another 10-20% downside is not [email protected] (212) 885-4172 out of the question, especially considering the growing number of disparaging forecasts and the crisis in confidence of governments. As such, we caution investors against seeking support levels, fiscal or monetary policies let alone symbolic events or gestures Major US Indices Price % Performance (e.g., corporate buyouts) to foretell or solidify a traditional bottom or capitulation. Given Sector 1M YTD 6M 12M the irrational and fear-laden nature of the current stock market, historical precedence DJ Industrial Average -34.4 -32.8 -28.8 -25.5 and traditional bottoming signals carry little to no weight, in our view. Instead, markets DJ Transportation -38.0 -37.3 -34.6 -32.6 and society likely need to see less negative (second derivative) headlines and DJ Utilities -32.2 -26.5 -25.1 -16.2 actualities surrounding coronavirus (COVID-19 virus) to become reality before a NASDAQ 100 -27.4 -19.9 -10.6 -5.2 bottoming process is likely to ensue. NASDAQ Composite -29.4 -23.3 -15.3 -11.0 Again, this too shall pass.
[Show full text]
Holdings As of April 30, 2021
{VA SNAP POOL_2021-04-30} Virginia State Non-Arbitrage Program® SNAP® Fund Portfolio Schedule of Investments For the Month Ending April 30, 2021 Yield to S&P Moody's Maturity (1) (2) Category of Investment / Issuer CUSIP Maturity Ratings Ratings Date Principal Value U.S. Treasury Repurchase Agreement BNP PARIBAS RPEA29016 0.030% A-1 P-1 05/06/2021 150,000,000.00 150,000,000.00 CREDIT AGRICOLE CIB/US RPEA2BRM6 0.005% A-1 P-1 05/03/2021 137,200,000.00 137,200,000.00 Category of Investment Sub-Total 287,200,000.00 287,200,000.00 U.S. Government Agency Repurchase Agreement BNP PARIBAS RPE41XW88 0.100% A-1 P-1 05/03/2021 50,000,000.00 50,000,000.00 BOFA SECURITIES INC RPE92C4P5 0.010% A-1 NR 05/03/2021 186,400,000.00 186,400,000.00 BOFA SECURITIES INC RPE422395 0.070% A-1 NR 05/07/2021 75,000,000.00 75,000,000.00 Category of Investment Sub-Total 311,400,000.00 311,400,000.00 Supra-National Debt INTL BANK OF RECONSTRUCTION AND DEV 459058FH1 0.201% AAA Aaa 05/24/2021 25,935,000.00 25,954,269.81 Category of Investment Sub-Total 25,935,000.00 25,954,269.81 Other Instrument - Corporate Note CHEVRON CORP 166764BG4 0.490% AA- Aa2 05/16/2021 7,527,000.00 7,527,000.00 Category of Investment Sub-Total 7,527,000.00 7,527,000.00 Non-Financial Company Commercial Paper EXXON MOBIL CORP 30229AW70 0.180% A-1+ P-1 09/07/2021 40,000,000.00 39,974,200.00 Category of Investment Sub-Total 40,000,000.00 39,974,200.00 Investment Company BLACKROCK FEDS FUND MMF 09248U700 0.025% AAAm Aaa 05/07/2021 40,000,000.00 40,000,000.00 FIRST AM TREASURY MMF - X 31846V336 0.031%
[Show full text]
NIP Prospectus
PROSPECTUS Dated July 11, 2019 U.S.$20,000,000,000 NOTE ISSUANCE PROGRAMME Under its U.S.$20,000,000,000 Note Issuance Programme (the “Programme”), Bank of Montreal (the “Bank” or the “Issuer”) may from time to time issue Notes (as defined below). This Prospectus supersedes any previous prospectus issued in respect of the Programme. Any Notes (other than Exempt Notes as defined below) issued under the Programme on or after the date of this Prospectus are issued subject to the provisions described herein. This Prospectus does not affect any Notes already in issue. Under its Programme, the Bank may from time to time, subject to compliance with all relevant laws, regulations and directives, issue Notes (the “Notes”) payable in any currency agreed by the Bank and the relevant Purchaser(s) (as defined below). Notes to be issued under the Programme may comprise (i) unsubordinated Notes which constitute deposit liabilities of the Bank pursuant to the Bank Act (Canada) and will rank pari passu with all present or future deposit liabilities of the Bank (except as otherwise prescribed by law and subject to the exercise of bank resolution powers) and without preference amongst themselves (“Senior Notes”) that are principal protected and (ii) Senior Notes that are not principal protected (the “Principal at Risk Notes”). Only Senior Notes will be issued under this Prospectus and all references to “Notes” hereunder, unless the context otherwise requires, shall be deemed to be references to “Senior Notes” that are principal protected. Senior Notes and Principal at Risk Notes that are neither admitted to trading on a regulated market in the European Economic Area nor offered in the European Economic Area in circumstances where a prospectus is so required to be published under the Prospectus Directive (as defined below) (the “Exempt Notes”) may be issued under the Programme pursuant to other offering documents which have not been approved by the FCA (as defined below), but no Exempt Notes will be issued under this Prospectus.
[Show full text]