Investment
Strategies - Fourth Quarter 2011
Deposit
Insurance Fund
4th Quarter 2011 Strategy
Purchase up to $12 billion (par value) of available-for-sale (AFS) securities with maturity dates between March 31, 2012, and September 30, 2014, subject to the following additional restrictions: no more than $8 billion (par value) of such securities shall have maturity dates beyond September 30, 2012; and no more than $4 billion (par value) of such securities shall have maturity dates beyond September 30, 2013; and no more than $6 billion of such securities shall consist of Treasury Inflation-Protected Securities.
Strategy
Changes for 1st Quarter 2012
Purchase up to $6 billion (par value) of available-for-sale (AFS) securities with maturity dates between June 30, 2012, and December 31, 2014, subject to the following additional restrictions: no more than $4 billion (par value) of such securities shall have maturity dates beyond December 31, 2012; and no more than $2 billion (par value) of such securities shall have maturity dates beyond December 31, 2013; and no more than $3 billion of such securities shall consist of Treasury Inflation-Protected Securities.
Debt
Guarantee Program
4th Quarter 2011 Strategy
Purchase up to $3 billion (par value) of AFS securities with maturity dates between March 31, 2012, and September 30, 2014.
Strategy
1st Quarter 2012
Purchase up to $2 billion (par value) of AFS securities with maturity dates between June 30, 2012, and December 31, 2014.
National
Liquidation Fund
4th Quarter 2011 Strategy
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 1st Quarter 2012
No strategy changes for the First Quarter of 2012.
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