Treasury Earnings – March 2014

 

The March Trust Fund and Special Purpose Investment Account Statements will be available

April 8, 2014

 

The gross effective interest rate (annualized) for March 2014 is 1.0988%

 

The breakdown of earnings is as follows:

 

Liquidity Portfolio

 

     Income Earned

1,215,715.39

     Securities Lending

87,279.69

     Realized Gains/Losses

0.00

 

 

Short Duration Portfolio

 

     Income Earned

1,048,998.40

     Securities Lending

5,502.84

     Realized Gains/Losses

0.00

 

 

Intermediate Duration Portfolio

 

     Income Earned

2,682,740.05

     Securities Lending

11,305.26

     Realized Gains/Losses

(24,936.85)

 

 

Long Duration Portfolio

 

     Income Earned

18,037,041.78

     Securities Lending

52,310.80

     Realized Gains/Losses

(3,686,157.09)

 

 

Certificate of Deposit Program

 

     Income Earned

265,035.07

 

 

TOTAL EARNINGS

19,694,835.34

 

Fiscal year fund ledgers (2012-2013) are now available from the Treasury website.  Use the “Interest Apportionment Ledger” function on the Investment Transaction page.

 

Please note:  Market conditions do affect investment portfolio earnings, which in turn directly affect the participant rate.

 

For more information, please call Melisa Hevey at 850-413-2761.