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Approved
Investment Strategy -
Fourth Quarter 2007
Deposit Insurance
Fund
Current
Strategy as of 4th Quarter 2007
Maintain a $150 million target floor overnight investment balance.
Strategically invest all available funds in excess of the target overnight
investment balance, which
may include purchasing conventional Treasury securities within the zero- to
six-year maturity
sector, purchasing Treasury Inflation-Protected Securities (TIPS) within the
two- to ten-year maturity
sector, and/or purchasing callable Treasury securities with final maturities
not to exceed eight years,
subject to the following limitations:
- All newly purchased Treasury securities shall be designated available-for-sale
(AFS).
- Newly purchased AFS conventional Treasury securities should have maturities
of six years or less.
Increase the portfolio's primary reserve balance, with a goal of reaching
a $15 billion target floor balance over the near term.
Strategy
Changes for 1st Quarter 2008
No changes in strategy
National
Liquidation Fund
Current
Strategy as of 4th Quarter 2007
Maintain a target overnight investment balance between $20 million and
$25 million.
Strategically invest the remaining funds in the zero- to 12-month maturity sector.
Strategy
Changes for 1st Quarter 2008
No changes in strategy
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