Investment Strategies - Third Quarter 2009
Deposit
Insurance Fund
Strategy
as of 3rd Quarter 2009
Invest all proceeds from deposit insurance assessments, Temporary
Liquidity Guarantee Program surcharges, maturing securities,
coupon and other interest payments, and receivership dividends
in overnight investments and/or in short-term Treasury bills
in anticipation of using such funds for resolution activities.
Strategy
Changes for 4th Quarter 2009
No
changes in strategy.
Debt
Guarantee Program
Other Systemic Risk Reserves
Strategy
as of 3rd Quarter 2009
Strategically invest all available funds in overnight investments and/or
in conventional or callable Treasury securities with effective maturity
dates not to exceed December 31, 2012.
Strategy
Changes for 4th Quarter
2009
For the Debt Guarantee Program, in anticipation of potentially using
these funds on an as-needed basis to fund DIF resolutions, all funds
will be invested in overnight investments and/or short-term Treasury
bills. For the Other Systemic Risk Reserves, there are no changes in
strategy.
National
Liquidation Fund
Strategy
as of 3rd Quarter 2009
Maintain a target overnight investment balance between $15 million and $25
million.
Strategically
invest the remaining funds in the zero- to 12-month maturity
sector.
Strategy Changes for 4th Quarter 2009
No changes in strategy.
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