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Daily Rate
04/17/2024 Daily Rate 5.09%
Fixed Income 
Investment Program
OLAP Newsletter -
April 2024

In addition to the daily investment pool, OLAP also offers a Fixed Income Investment Program which allows Participants to individually invest monies in certificates of deposit issued by financial institutions and certain securities issued by the US Government or its agencies and instrumentalities.  This is a viable option for reserve funds or bond proceeds that do not require daily liquidity.

The Oklahoma Public School Investment Interlocal was organized in August of 1996 and formed the Oklahoma Liquid Asset Pool (OLAP) to enable Oklahoma public schools to conveniently and effectively invest their operating and reserve funds.  OLAP’s Sponsoring Associations include the Cooperative Council of Oklahoma School Administration (CCOSA), Oklahoma State School Boards Association (OSSBA), Oklahoma Association of School Business Officials (OKASBO), and Organization of Rural Oklahoma Schools (OROS).  The governing Board of Directors develop policies and provide oversight of the investments in the daily OLAP investment pool.  The investment objectives of OLAP, in order of priority, are safety of invested principal, maintenance of adequate liquidity, followed by evaluation of available yield while seeking to maintain a net asset value of $1.00 per share. 

Daily Rate
N E W S 
PMA, a premier full-service provider of financial and advisory services to local governments, is pleased to announce that Nicole Pearce is joining the team as Coordinator, Sales and Relationship Management. She will partner with the Oklahoma Liquid Asset Pool (OLAP) to serve school districts throughout the state of Oklahoma. Nicole’s experience and commitment will allow OLAP to further its relationship as a trusted partner to local Oklahoma school districts.  Continue reading...
03/22/2023     4.40%
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