Chief Financial Officer's (CFO) Report to the Board
| Fund Financial Results | ($ in millions) |
| FSLIC Resolution Fund | |||||
Mar-20 |
Dec -19 |
Quarterly Change |
Mar -19 |
Year-Over-Year Change |
|
|---|---|---|---|---|---|
| Cash and cash equivalents | $926 | $923 | $3 | $907 | $19 |
| Accumulated deficit | (124,563) | (124,566) | 3 | (124,582) | 19 |
| Total resolution equity | 926 | 923 | 3 | 908 | 18 |
| Total revenue | 3 | 20 | 5 | (2) | |
| Operating expenses | 0 | 1 | 0 | 0 | |
| Recovery of tax benefits | 0 | (1) | 0 | 0 | |
| Losses related to thrift resolutions | 0 | 0 | 0 | 0 | |
| Net Income (Loss) | $3 | $21 | $5 | ($2) |
| Receivership Selected Statistics December 2019 vs. December 2018 |
| $ in millions | DIF |
FRF |
ALL FUNDS |
||||||
|---|---|---|---|---|---|---|---|---|---|
| Mar-20 | Mar-19 | Change | Mar-20 | Mar-19 | Change | Mar-20 | Mar-19 | Change | |
| Total Receiverships | 245 | 271 | (26) | 0 | 0 | 0 | 245 | 271 | (26) |
| Assets in Liquidation | $546 | $1,035 | ($489) | $1 | $2 | ($1) | $547 | $1,037 | ($490) |
| YTD Collections | $87 | $400 | ($313) | $0 | $0 | $0 | $87 | $400 | ($313) |
| YTD Dividend/Other Pmts - Cash | $189 | $255 | ($66) | $0 | $0 | $0 | $189 | $255 | ($66) |
Treasury Yields: Current and Historical |
|||
| 3/31/2020 | 12/31/2019 | 3/29/2019 | |
|---|---|---|---|
| 1M | 0.02 | 1.45 | 2.43 |
| 3M | 0.09 | 1.55 | 2.39 |
| 6M | 0.15 | 1.59 | 2.43 |
| 1Y | 0.16 | 1.58 | 2.39 |
| 2Y | 0.25 | 1.57 | 2.26 |
| 3Y | 0.30 | 1.61 | 2.21 |
| 4Y | 0.34 | 1.66 | 2.23 |
| 5Y | 0.38 | 1.69 | 2.23 |
| 6Y | 0.48 | 1.77 | 2.29 |
| 7Y | 0.54 | 1.83 | 2.31 |
| 8Y | 0.58 | 1.87 | 2.35 |
| 9Y | 0.64 | 1.90 | 2.38 |
| 10Y | 0.67 | 1.92 | 2.41 |