01-26-1983 Council Agenda - Laserfiche WebLink

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111101111•a J Convenience —A call to your Merrill Lynch Account Executive is all that is needed to obtain prompt service with a minimum of paper work. ❑ Liquidity — Although not obligated to do so, Merrill Lynch fully intends to maintain a secondary market. Should you ever need to convert your CDP to cash, you can liquidate all or part of it in $1,000 increments in the secondary market. ❑ Freedom of Choice —In addition to fixed or variable rates, investors have a choice of several depository institutions in selecting the CDPs. saw How Merrill Lynch Can Help Each of our offices is prepared to provide informa- tion on the insured six -month fixed and floating rate CD Participation Program. Our offices across the country are connected by a private wire system —the most extensive of its kind —for the rapid dis- semination of information and the efficient execu- tion of orders. Merrill Lynch will receive a fee from the depository institutions in connection with purchases of their $100.000 CDs. There is no commission charge to the investor. We believe the yields on the six - month CDP's are attractive compared to other similar investments. However, higher yields may be available for some investments of $100.000 or more Of course. you should compare the terms. yields and required minimum denominations of the six -month CDPs to related investments before making your decision. To obtain current yield information or to Like advantage of the insred six -month 00 Part i,.,pa- Non Program, call your Merrill I yncn Account Executive. UZ Merrill Lynch '.'errii Lynch P. e';e Renner & Sawn Inc �d ai(' n 101$7 Megan Peterson Merrill Lynch 39th Floor, IDS Tower 80 S. Eighth Street Minneapolis, MN 55402 612 371 -7378 74