State Earns One Billion In Interest

The state reached a billion-dollar benchmark today…state treasurer Bob Holden says the state has earned one billion dollars in interest from its investments since he took office in 1993. Holden says the state is receiving more interest from its investments because it’s investing more money. Holden credits the strong economy for the success of the state’s investments during his term in office, though he also points to changes in investment policies that his office has made over the years.