Investment
Strategies - Fourth Quarter 2012
Deposit
Insurance Fund
4th Quarter 2012 Strategy
Purchase up to $10 billion (par value) of available-for-sale (AFS) securities with maturity dates between March 31, 2013, and March 31, 2016, subject to the following additional restrictions: no more than $7 billion (par value) of such securities shall have maturity dates beyond March 31, 2014; no more than $4 billion (par value) of such securities shall have maturity dates beyond March 31, 2015; and no more than $4 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities.
Strategy
Changes for 1st Quarter 2013
Purchase up to $4 billion (par value) of available-for-sale (AFS) securities with maturity dates between June 30, 2013, and June 30, 2016, subject to the following additional restrictions: no more than $3 billion (par value) of such securities shall have maturity dates beyond June 30, 2014; no more than $2 billion (par value) of such securities shall have maturity dates beyond June 30, 2015; and no more than $2 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities.
Debt
Guarantee Program
4th Quarter 2012 Strategy
Invest all available funds in overnight investments and/or in short-maturity AFS Treasury bills with maturities not exceeding December 27, 2012.
Strategy
1st Quarter 2013
No investment strategy for the first quarter of 2013, as the portfolio was terminated at year-end 2012.
National
Liquidation Fund
4th Quarter 2012 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 2013
No strategy changes for the first quarter of 2013.
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