Oregon State Treasury

Ted Wheeler OREGON STATE TREASURER

Oregon Short Term Fund

Skip Navigation LinksInvestment Division > Oregon Short Term Fund

OSTF Rate Changes

Oregon Short Term Fund Portfolio Rules   

OSTF Financial Statements

Other OSTF Reports

TCD Program


Oregon Short Term Fund Rate Changes

Interest Rates Paid on Account Balances in the OSTF
Interest is accrued on interest bearing accounts based on the end of day balance of the account times the rate for that day, divided by the number of days in the year. Accrued interest is distributed on the last day of the month and includes interest accrued for the last day of the month
 

The following table reflects the changes in the interest rate paid:  

​November 20, 2014 ​ 0.50%
February 4, 2013​ ​ 0.54%
March 22, 2012​  0.60%​
October 28, 2010 to March 21, 2012​  0.50%​
January 29, 2010 to October 27, 2010​  0.55%​

 

The following are the average daily rates paid during the month:    

​October 2014 ​0.5400%
​September 2014 ​0.5400%
​August 2014 ​0.5400%
​July 2014 ​0.5400%
June 2014 ​0.5400%
​May 2014 ​0.5400%
April 2014​ 0.5400%​
March 2014​ 0.5400%​
​February 2014 ​0.5400%
January 2014​ ​0.5400%
December 2013​ 0.5400%​
November 2013​ ​0.5400%
 

OSTF Financial Statements


 


 

OSTF Annual Financial Statement (GASB31) -  June 30, 2014 

OSTF Annual Financial Statement (GASB 31) - June 30, 2013
OSTF An​nual Financial Statement (GASB 31) - June 30, 2012
OSTF Annual Financial Statement (GASB 31) - June 30, 2011  
OSTF Annual Financial Statement (GASB 31) - June 30, 2010  
OSTF Annual Financial Statement (GASB 31) - June 30, 2009      
OSTF Annual Financial Statement (GASB 31) - June 30, 2008     
OSTF Annual Financial Statement (GASB 31) - June 30, 2007     
OSTF Annual Financial Statement (GASB 31) - June 30, 2006    
OSTF Annual Financial Statement (GASB 31) - June 30, 2005     
OSTF Annual Financial Statement (GASB 31) - June 30, 2004     
OSTF Annual Financial Statement (GASB 31) - June 30, 2003    
OSTF Annual Financial Statement (GASB 31) - June 30, 2002    
OSTF Annual Financial Statement (GASB 31) - June 30, 2001    
OSTF Annual Financial Statement (GASB 31) - June 30, 2000    
OSTF Annual Financial Statement (GASB 31) - June 30, 1999


Other OSTF Reports



 

OSTF Analysis/Monthly Summaries 

2013
 
2012
May 31, 2012    
2011
May 31, 2011    
2010
2009
May 31, 2009    
2008
June 30, 2008    
2007
2006
2005
2004
2003
 
2002
2001
 
2000

As part of the Oregon Short Term Fund’s investment process, the Treasury purchases Time Certificates of Deposit (TCD’s) from qualified institutions. The process is a formal monthly program that purchases local bank TCD’s under authority of ORS 295.081.

Each month, on order date, the OSTF investment officer will determine the maturity dates and the rate for each maturity date for that month’s TCD’s. Maturity date and rate information will be available by 9:00 a.m. Orders may be submitted at any time before 1:00 p.m. on order date.

TCD rates will be set by the Treasury as of 8:00 am on the order date and will be equal to the rate posted for Time Certificates of Deposit as provided by the Federal reserve Bank (available from the Federal Reserve Statistical Release, Selected Interest Rates H.15 Report via Bloomberg), unless order date falls on a day when the Fed is closed, i.e. Columbus day in October. In which case, the data used will be for the working day prior to that order date.

Please note: Effective 4/9/07, The Federal Reserve Statistical Release, Selected Interest Rates H.15 Report is now posting rates with a one-day lag. In addition, the prior day end of business rates are not available until 4:30 p.m. EST (1:30 p.m. PST), therefore the rates quoted on Monday morning at 8:00 a.m. will be the close of business from the prior Thursday. Rate and maturity date information may be obtained by calling the Treasury, 503-378-4155, between 8:00 a.m. and 1:00 p.m. on order date.

Maturity dates will vary depending on Treasury needs but will always fall on a subsequent TCD settlement date; i.e., all CD’s will be for 1, 2 or 3 months. Please refer to TCD schedule for actual dates.

The Treasury will attempt to keep a minimum of $200 million available for Oregon TCD’s. If orders received are for less than the total available for TCD’s, the balance will be invested to the next maturity date and will again be made available to banks.

 
Following is the schedule for the Treasury Set-Rate TCD Program for 2014.  If you have any questions concerning the program, you may reach Norma Harvey at (503) 378-4155.

TCD Schedule for 2014  

 

This material available in alternate format and media upon request.
​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​