Chief Financial Officer's (CFO) Report to the Board
|Fund Financial Results||($ in millions)|
U.S. Treasury Securities during the First Half of 2018 (dollars in millions)
|Matured||Purchased||Weighted Average Yield|
During the first half of 2018, 25 securities matured totaling $12.6 billion (par value) with a weighted average yield of 1.18%. In this same period, 52 securities were purchased totaling $19.6 billion (par value) with a weighted average yield of 2.39%. The FDIC was able to benefit from the rising rate environment by purchasing higher yielding securities than those that had matured.