I am pleased to welcome you to BidWVauction, the Board of Treasury Investments electronic bidding auction for certificates of deposit. BidWVauction is the first system of its kind in the state's history, and it begins our initiative to invest the state's money back in the West Virginia economy. BidWVauction will ensure fairness, improve competitiveness in the placement of funds and assist in our efforts to obtain the highest rates of return on public money. Thank you for your interest and your participation in BidWVauction. We are entering a new day in the world of public finance. We hope you will join us. Sincerely, John D. Perdue State Treasurer and Chairman of the Board