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LGIP

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AcronymDefinition
LGIPLocal Government Investment Pool
LGIPLocal Government Improvement Programme (peer review; UK)
LGIPLarge Generator Interconnection Procedure
LGIPLocal Government Integration Practice (various locations)


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The Florida Government Investment Pool was the country's largest LGIP ($31 billion), and also one of the highest yielding.
37) At the time of submission of this article, the governor, the attorney general, and the chief financial officer have been dealing with their responsibilities as trustees of the State Board of Administration (SBA) and the troubled Local Government Investment Pool or LGIP.
Both the current and maximum WAM of the pool are significantly longer than what Fitch traditionally deems consistent with 'V1+' volatility ratings assigned to LGIPs managed within parameters of money market funds governed by Rule 2a-7 under the Investment Company Act of 1940, as amended.
 
 
 
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