Chief Financial Officer's (CFO) Report to the Board
II. Investments Results - Third Quarter 2018
DIF Investment Portfolio
- On September 30, 2018, the total liquidity (also total market value) of the DIF investment portfolio stood at $95.5 billion, up $9.9 billion from its December 31, 2017, balance of $85.6 billion. During the year-to-date period, interest revenue, receivership dividends, and deposit insurance assessment collections far exceeded resolution-related outlays and operating expenses.
- On September 30, 2018, the DIF investment portfolio’s yield was 1.92 percent, up 40 basis points from its 1.52 percent yield on December 31, 2017. The new Treasury securities purchased during the year-to-date period had higher yields than the maturing securities’ yields.
- In accordance with the third quarter 2018 DIF portfolio investment strategy, staff purchased 21 short- to intermediate-maturity conventional Treasury securities, all designated as available-for-sale. The 21 securities had a total par value of $10.2 billion, a weighted average yield of 2.62 percent, and a weighted average maturity of 1.91 years.