Chief Financial Officer's (CFO) Report to the Board
Investment Strategies - Third Quarter 2019
Deposit Insurance Fund
Strategy for the 3rd Quarter 2019
Invest up to $22 billion (par value) in AFS securities with maturities between December 31, 2019 and December 31, 2023. Purchase no more than $2 billion (adjusted par value) of TIPS. No "soft target" minimum investment for newly purchased Treasury securities in the 3- to 5-year maturity sector.
Strategy Changes for 4th Quarter 2019
Invest up to $19 billion (par value) in AFS securities with maturities between March 31, 2020 and December 31, 2024.
National Liquidation Fund
Strategy for 3rd Quarter 2019
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 4th Quarter 2019
No strategy changes for the fourth quarter of 2019.