Strategy
for the 1st Quarter 2015
Purchase up to $8 billion (par value) of Treasury securities with maturity dates between June 30, 2015, and June 30, 2020, subject to the following additional provisions: all newly purchased securities will be designated as available-for-sale (AFS); and no more than $2 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities (TIPS).
Strategy
Changes for 2nd Quarter 2015
Purchase up to $10 billion (par value) of Treasury securities with maturity dates between September 30, 2015, and September 30, 2020, subject to the following additional provisions: all newly purchased securities will be designated as available-for-sale (AFS); and no more than $2 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities (TIPS).
Strategy for 1st Quarter 2015
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 2nd Quarter 2015
No strategy changes for the second quarter of 2015.
