Trustee Services

The New Jersey Transportation Trust Fund Authority contracts with financial institutions to act as trustee for financial transactions related to bond sales. This includes the deposit and investment of bond sale proceeds, paying vendors for costs of issuance, and paying bondholders for interest and principal due. If and when a trustee’s services are needed for a specific transaction, a competitive RFP process is initiated and the trustee is selected by the Issuer in consultation with the State Treasurer

Financial institutions interested in becoming eligible for trustee services should contact the Office of Public Finance as follows:

Director, Office of Public Finance
New Jersey Department of Treasury
PO Box 005
Trenton, NJ 08625-0005
609.984. 8229