The Oregon Short Term Fund, known as the OSTF, is managed by the Oregon State Treasury to keep taxpayer dollars safe and to help governments of all sizes to stretch public funds.
The OSTF enables governments to earn a rate of return on money between when revenue is received and when the money is needed to pay bills. The rate is determined by Treasury staff based on market conditions and yield for fixed income securities such as government and corporate bonds.
Because the OSTF is made up of government operating money, it is invested in U.S. dollar–denominated, high-quality, short-term fixed income securities. It is not invested in the stock market. The primary objectives of the OSTF investment activities, in priority order, are preservation of principal, liquidity, and yield.
All state agencies and certain public universities participate in the fund. Local governments, such as school districts and counties, and tribal governments have the option to access the fund by participating in the Local Government Investment Pool. Roughly 1,000 local governments participate.
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.
Rate Changes:
March 1, 2021
| 0.60% |
October 21, 2020
| 0.75% |
July 23, 2020
| 1.00% |
May 14, 2020
| 1.30% |
April 2, 2020
| 1.75% |
March 11, 2020
| 2.00% |
November 15, 2019 | 2.25% |
September 24, 2019 | 2.45% |
August 9, 2019 | 2.60% |
December 24, 2018 | 2.75% |
October 1, 2018 | 2.50% |
June 18, 2018 | 2.25% |
March 23, 2018 | 2.10% |
January 24, 2018 | 1.85% |
December 18, 2017 | 1.70% |
November 1, 2017 | 1.55% |
June 30, 2017 | 1.45% |
March, 20, 2017 | 1.30% |
January 1, 2017 | 1.15%
|
Average Daily Rates:
January 2021
| 0.7500%
|
December 2020
| 0.7500%
|
November 2020
| 0.7500%
|
October 2020
| 0.9113%
|
September 2020
| 1.0000%
|
August 2020
| 1.0000%
|
July 2020
| 1.2129%
|
June 2020
| 1.3000%
|
May 2020
| 1.4887%
|
April 2020
| 1.7583%
|
March 2020
| 2.0806% |
February 2020 |
2.2500% |
Disclosures
OSTF Monthly Holdings
OSTF Fund Facts
OSTF Annual Financial Statements
OSTF Compliance Reporting
|
OSTF Month End October 31, 2020 OSTF Month End September 30, 2020 OSTF Month End August 31, 2020 OSTF Month End July 31, 2020 OSTF Month End June 30, 2020 OSTF Month End May 31, 2020 OSTF Month End Apr. 30, 2020 OSTF Month End Mar. 31, 2020 OSTF Month End Feb. 29, 2020 OSTF Month End Jan. 28, 2020 OSTF Month End Dec. 31, 2019 |