Hawaii State Treasury and Economic Update

14 Treasury Portfolio The State has liquidity to ensure financial flexibility ■ The State's treasury portfolio had a total market value of approximately $5.9 billion (1) as of June 30, 2020 Portfolio is low risk, primarily comprised of Bank CDs, U.S. Treasuries and Agency Securities with AAA ratings ■The effective duration of the portfolio is 0.38 years ■ Estimated portfolio-weighted yield (based on estimated annualized income) is 0.34% ■The State is able to borrow from various funds within the Treasury Portfolio Breakdown by Security Type Bank CD's 1,596,674,967 27% AAA Rated Agency Securities 2,734,489,029 46% (1) Does not include monies in the State's checking account. AAA Rated US Treasuries 1,597,208,667 27% STATE 1959

View entire presentation