Thursday, March 24, 2010 – 10:45 a.m.

San Bernardino County’s investment pool continues to maintain high ratings and stability in its investment choices.

As of February 28, 2011 the pool, valued at $4,626,267,533.57, was actually reflecting an unrealized gain in the market value of securities held of $4.6 million.

The county policy is to hold investment instruments until maturity.

The downside of investing in high quality investments is yield and duration.

The current yield earned by the pool was just 0.96%, with the average investment maturity at just 413 days or 1.01 years.

To view the February 28, 2011 summary, click here: Investment Pool Summary 02/28/2011

The most recent pool ratings are as follows:

The San Bernardino County Treasury Pool is rated annually by each of the three major rating agencies. Currently, the pool is assigned the following ratings:

Fitch IBCA: AAA / V1
Moody’s Investor Service: Aaa / MR1
Standard & Poor’s: AAAf / S1+