Chief Financial Officer's (CFO) Report to the Board
Investment Strategies - Third Quarter 2020
Deposit Insurance Fund
Strategy 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.
Strategy Changes for the 4th Quarter 2020
Invest up to $17 billion (par value) in AFS securities with maturities between March 31, 2021 and October 1, 2025.
National Liquidation Fund
Strategy for the 3rd Quarter 2020
Maintain an overnight deposit target floor balance within a range of $50 million to $200 million.
Strategically invest the remaining funds in the zero- to 12-month maturity sector.
Strategy Changes for the 4th Quarter of 2020
No strategy changes for the fourth quarter of 2020.