Hawaii Visitor Industry and Public Health Update

Treasury Portfolio The State has liquidity to ensure financial flexibility ■The State's treasury portfolio had a total market value of approximately $6.9 billion as of September 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% ■Internal borrowable resources provide an additional source of liquidity Portfolio Breakdown by Security Type U.S. Government Agency 2,498,089,369 36% U.S. Treasury 3,969,705,707 58% 15 (1) Does not include monies in the State's checking account. Bank CD's 392,188,904 6% STATE OF 1959 HAWAI

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