OSTF Rate Changes
Oregon Short Term Fund and Portfolio Rules
OSTF Financial Statements
Other OSTF Reports
TCD Program
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:
| 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:
| February 2013 |
0.5464% |
|---|
| January 2013 |
0.6000% |
| December 2012 |
0.6000% |
| November 2012 |
0.6000% |
| October 2012 |
0.6000% |
| September 2012 |
0.6000% |
| August 2012 |
0.6000% |
| July 2012 |
0.6000% |
| June 2012 |
0.6000% |
| May 2012 |
0.6000% |
| April 2012 |
0.6000% |
OSTF Annual 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
OSTF Compliance Summary for July 31, 2012
OSTF Analysis/Monthly Summaries
2013
2012
2011
2010
2009
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.
TCD Schedule for 2013
Following is the schedule for the Treasury Set-Rate TCD Program for 2013. If you have any questions concerning the program, you may reach Norma Harvey at (503) 378-4155.
| January 7, 2013 |
January 9, 2013 |
| February 11, 2013 |
February 13, 2013 |
| March 11, 2013 |
March 13, 2013 |
| April 8, 2013 |
April 10, 2013 |
| May 6, 2013 |
May 8, 2013 |
| June 10, 2013 |
June 12, 2013 |
| July 8, 2013 |
July 10, 2013 |
| August 5, 2013 |
August 7, 2013 |
| September 9, 2013 |
September 11, 2013 |
| October 7, 2013 |
October 9, 2013 |
| November 8, 2013 |
November 13, 2013 |
| December 9, 2013 |
December 11, 2013 |
This material available in alternate format and media upon request.