Chief Financial Officer's (CFO) Report to the Board
Investment Strategies - Second Quarter 2020
Deposit Insurance Fund
Strategy for the 2nd Quarter 2020
Invest up to $18 billion (par value) in AFS securities with maturities between September 30, 2020 and December 31, 2024.
Strategy Changes for the 3rd Quarter 2020
Invest up to $32 billion (par value) in AFS securities with maturities between December 31, 2020 and July 1, 2025.
National Liquidation Fund
Strategy for the 2nd Quarter 2020
Maintain an overnight deposit target floor balance within a range of $100 million to $300 million.
Strategically invest the remaining funds in the zero- to 12-month maturity sector.
Strategy Changes for the 3rd Quarter of 2020
Maintain an overnight deposit target floor balance within a range of $50 million to $200 million.