Deposit Insurance Fund Portfolio Summary - Third Quarter 2019
09/30/19 | 12/31/18 | Change | |
|---|---|---|---|
| Par Value | $104,015 | $99,339 | $4,676 |
| Amortized Cost | $104,552 | $99,063 | $5,489 |
| Total Market Value (including accrued interest) | $105,676 | $98,954 | $6,722 |
| Primary Reserve1 | $105,676 | $98,954 | $6,722 |
| Primary Reserve % of Total Portfolio | 100.0% | 100.0% | 0.0% |
| Yield-to-Maturity2 | 1.80% | 2.05% | -0.25% |
| Weighted Average Maturity (in years) | 1.31 | 1.75 | -0.44 |
| Total Portfolio | |||
| Total Portfolio | 1.27 | 1.69 | -0.42 |
| Available-for-Sale Securities | 1.33 | 1.79 | -0.46 |
| Held-to-Maturity Securities3 | not applicable | not applicable | not applicable |
09/30/19 | 12/31/18 | Change | |
|---|---|---|---|
| FRF-FSLIC | |||
| Book Value4 | $872 | $857 | $15 |
| Yield-to-Maturity | 1.90% | 2.42% | -0.52% |
| Weighted Average Maturity | overnight | overnight | no change |
| 09/30/19 | 12/31/18 | Change |
|---|---|---|---|
| Book Value5 | $2,635 | $2,988 | ($353) |
| Effective Annual Yield | 2.13% | 2.46% | -0.33% |
| Weighted Average Maturity (in days) | 36 | 51 | (15) |
- 1
Primary Reserve is the total market value (including accrued interest) of overnight investments, all available-for-sale securities (AFS), and held-to-maturity (HTM) securities maturing within three months.
- 2
The Yield-to-Maturity includes the potential yield of Treasury Inflation-Protected Securities (TIPS), which assumes an average 2.0% annual increase in the CPI over the remaining life of each TIPS.
- 3
In 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.
- 4
Due to the current short-term nature of this portfolio, its respective Par, Book, and Market Values are identical for reporting purposes.
- 5
Due to the short-term nature of NLF portfolio, its Book and Market Values are identical for reporting purposes.