II. Investments Results - First Quarter 2020
DIF Investment Portfolio
- On March 31, 2020, the total liquidity (also total market value) of the DIF investment portfolio stood at $109.9 billion, up $2.9 billion from its December 31, 2019, balance of $107.0 billion. During the quarter, interest revenue, receivership dividends, and deposit insurance assessment collections far exceeded resolution-related outlays and operating expenses.
- On March 31, 2020, the DIF investment portfolio’s yield was 1.74 percent, down 24 basis points from its 1.98 percent yield on December 31, 2019. The new Treasury securities purchased during the first quarter of the year had significantly lower yields than the maturing securities’ yields.
- In accordance with the approved first quarter 2020 DIF portfolio investment strategy, staff purchased a total of 12 conventional Treasury securities. The 12 securities had a total par value of $13.03 billion, a weighted average yield of 1.25 percent, and a weighted average maturity of 1.00 year.