Intersections: A Monthly Go-To for Reliable Facts and Analysis About California's Debt, Investments and Economy

Vol. 1, No. 4, Published August 6, 2015

Debt issuance was $36.7 billion from January through June 2015. The Pooled Money Investment Account balance was $69.6 billion as of June 30. During June, Centralized State Treasury System deposits totaled $112.7 billion, while disbursements totaled $112.9 billion.
A total of $1.8 billion in taxpayer money was saved from six refinancings orchestrated by Treasurer Chiang. The Pooled Money Investment Account average effective yield was 0.299 percent as of June 30. A total of 6.1 million transactions were processed in June.

Intersections is prepared by staff of the State Treasurer's Office. This newsletter should not be used for making investment decisions about State of California bonds or notes. Potential investors always should obtain and read the Official Statement published by the State for each issue of bonds or notes. Send us suggestions and feedback.