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Oregon Short Term Fund

Oregon Short Term Fund



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, 20192.25%
September 24, 20192.45%
August 9, 20192.60%
December 24, 20182.75%

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:

May 2021

0.6000%

April 2021

0.6000%

March 2021

0.6000%

February 2021

0.7500%

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%


Disclosures

OSTF Monthly Holdings

Click here to add new content Click here to add new content Click here to add new content Click here to add new content Time Certificates of Deposit Program One way that Treasury helps to invest in Oregon communities is through voluntary Time Certificate of Deposits, also known as TCDs. Through the OSTF, Treasury will buy short term TCDs from qualified institutions that make orders. The funds can then be used by the requesting institutions to make more loans within their communities. Treasury has a goal of making at least $200 million available through the program. The program is authorized under ORS 295.081. The transaction occurs each month on the “order date.” On that order date, Treasury will identify the rates and durations for CDs, which can be for 3-, 6- or 12-month maturities. For more information including the calendar of TCD sales dates, please contact Jeremy Knowles at (503) 551-9623. State of Oregon SealOregon State Treasury Logo Oregon State Treasury 900 Court Street, Room 159 Salem, OR 97301 Treasury Services (503) 378-4000 Office of Treasurer Read (503) 378-4329 Social Media Facebook LinkedIn Twitter Home About Treasurer Read About Treasury Contact Oregon Bonds News and Data Invested for Oregon Public Financial Services Financial Empowerment Your Money Hidden Submit
2021
April
March
February
January

2020
December
November
October
September
August
July
June
May
April
March
February
January
2019
December
November
October
September
August
July
June
May
April
March
February
January
2018
December
November
October
September
August
July
June

OSTF Fund Facts

2021
First Quarter
2020
Fourth Quarter
Third Quarter
Second Quarter
First Quarter
2019
Fourth Quarter
Third Quarter
Second Quarter
First Quarter
2018
Fourth Quarter
Third Quarter
Second Quarter
First Quarter

OSTF Annual Financial Statements

2020
2019
2018
2017

OSTF Compliance Reporting

OSTF Month End May 31, 2021
OSTF Month End April 30, 2021
OSTF Month End March 31, 2021
OSTF Month End February 28, 2021
OSTF Month End January 31, 2021
OSTF Month End December 31, 2020
OSTF Month End November 30, 2020
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

Time Certificates of Deposit Program

One way that Treasury helps to invest in Oregon communities is through voluntary Time Certificate of Deposits, also known as TCDs. Through the OSTF, Treasury will buy short term TCDs from qualified institutions that make orders. The funds can then be used by the requesting institutions to make more loans within their communities. Treasury has a goal of making at least $200 million available through the program. 

The program is authorized under ORS 295.081. The transaction occurs each month on the “order date.” On that order date, Treasury will identify the rates and durations for CDs, which can be for 3-, 6- or 12-month maturities.

For more information including the calendar of TCD sales dates, please contact Jeremy Knowles at (503) 551-9623.  

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