Investment Strategies - Second Quarter 2019
Deposit Insurance Fund
Strategy for the 2nd Quarter 2019
Purchase up to $15 billion (par value) of Treasury securities with maturity dates between September 30, 2019, and December 31, 2023, subject to the following additional provisions: all newly purchased securities will be designated as available-for-sale (AFS); no more than $2 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities (TIPS); and no "soft target" minimum investment for newly purchased Treasury securiteis in the 3- to 5- year maturity sectors.
Strategy Changes for 3rd Quarter 2019
Purchase up to $22 billion (par value) of Treasury securities with maturity dates between December 31, 2019, and December 31, 2023, subject to the following additional provisions: all newly purchased securities will be designated as available-for-sale (AFS); no more than $2 billion (adjusted par value) of such securities shall consist of Treasury Inflation-Protected Securities (TIPS); and no "soft target" minimum investment for newly purchased Treasury securiteis in the 3- to 5- year maturity sectors.
National Liquidation Fund
Strategy for 2nd 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 3rd Quarter 2019
No strategy changes for the third quarter of 2019.