Skip Header

Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Chief Financial Officer's (CFO) Report to the Board

Deposit Insurance Fund Portfolio Summary - First Quarter 2016

Deposit Insurance Fund Portfolio Summary
($ values in Millions)
 
3/31/16
12/31/15
Change
Par Value $66,541 $62,973 $3,568
Amortized Cost $66,939 $63,368 $3,571
Total Market Value (including accrued interest) $67,774 $63,737 $4,037
Primary Reserve 1 $67,774 $63,737 $4,037
Primary Reserve % of Total Portfolio 100.0% 100.0% 0.0%
Yield-to-Maturity 2 0.94% 0.94% 0.00%
Weighted Average Maturity (in years) 1.44 1.65 -0.21
Effective Duration (in years)
Total Portfolio 1.41 1.62 -0.21
Available-for-Sale Securities 1.49 1.64 -0.15
Held-to-Maturity Securities 3 not applicable not applicable not applicable

1Primary Reserve is the total market value (including accrued interest) of overnight investments, all available-for-sale (AFS) securities, and held-to-maturity (HTM) securities maturing within three months.
2The Yield-to-Maturity includes the potential yield of Treasury Inflation-Protected Securities (TIPS), which assumes an average 1.8% annual increase in the CPI over the remaining life of each TIPS.
3In early August 2008, management reclassified all of the DIF portfolio's HTM securities as AFS securities effective as of June 30, 2008, because the FDIC could no longer assert it had the positive intent and ability to hold its HTM securities until their maturity dates.

Summary of Other Corporate Investment Portfolios ($ values in Millions)
 
3/31/16
12/31/15
Change
FRF-FSLIC
Book Value4 $828 $828 $0
Yield-to-Maturity 0.14% 0.08% 0.06%
Weighted Average Maturity overnight overnight no change

4 Due to the current short-term nature of this portfolio, its respective Par, Book, and Market Values are identical for reporting purposes.

National Liquidation Fund (NLF) Investment Portfolio Summary
($ values in Millions)
 
3/31/16
12/31/15
Change
Book Value 5 $8,969 $10,508 ($1,539)
Effective Annual Yield 0.42% 0.30% 0.12%
Weighted Average Maturity (in days) 105 90 15

5 Due to the short-term nature of NLF portfolio, it's Book and Market Values are identical for reporting purposes.

 

Skip Footer back to content