Master Proposed Book FY2023

FY 2023 Estimate

Rolling Average Return on the Six Month U.S. Treasury Bill (prior 365 days)

FY 2019

FY 2020

FY 2021 FY 2022 Projected

First Quarter

1.87% 2.15% 2.33% 2.39%

2.32% 2.11% 1.76% 1.21%

0.74% 0.62% 0.12% 0.08%

0.05% 0.08% 0.10% 0.10%

0.15% 0.15% 0.20% 0.25%

Second Quarter Third Quarter Fourth Quarter

FY 2022 Projected

FY 2023 Estimate

Amount Quarterly Return is higher (lower) than U.S. Treasury Bill

FY 2019 -0.01% 0.05% 0.05% -0.04%

FY 2020 -0.12% -0.08% 0.13% 0.12%

FY 2021 0.16% -0.03% 0.35% 0.31%

First Quarter

0.25% 0.22% 0.25% 0.25%

0.25% 0.25% 0.25% 0.25%

Second Quarter Third Quarter Fourth Quarter

Amount Quaterly Return is higher (lower) than U.S Treasury Bill

0.40%

0.30%

0.20%

0.10%

0.00%

FY 2019

FY 2020

FY 2021

FY 2022 Projected

FY 2023 Estimate

-0.10%

-0.20%

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

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