What are the Stakeholder Benefits of the BidNH Online Auction Process?
The BidNH process provides a transparent, efficient and equitable means for investing in New Hampshire state funds and provides broader access to State funds. The results of each auction are published on the BidNH website and be viewed utilizing the following link https://www.bidnh.com/cd/results. Furthermore, the BidNH is available to all eligible New Hampshire banks that elect to participate in these auctions. The competition fostered by the BidNH auction will enhance our efforts to obtain the highest rates of return available on public money which directly benefits New Hampshire taxpayers. The financial institutions that offer the best rates will be awarded the funds. The Treasury will have a more efficient and accurate process to invest State funds and will no longer need to rely on phone calls, faxes, mailings or paper storage.
