Oklahoma investments grow

OKLAHOMA CITY – The market value of the state’s investment portfolio in January totaled $16.2 billion, a growth of $1.7 billion since January 2023.

The portfolio contained 68% in U.S. Treasury bonds/notes, 7% in U.S. government agencies, 16% in mortgage- backed securities, 8% in money market mutual funds, and 0.3% in certificates of deposit, State Treasurer Todd Russ reported.

The January portfolio yielded 3.12% with a weighted average maturity of 1,002 days, he said.

Funds available for investment at market value included the State Treasurer’s investments at $12.58 billion and State Agency balances in OK Invest at $3.65 billion, for a total of $16.2 billion.