<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
        {font-family:"Cambria Math";
        panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
        {font-family:Calibri;
        panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
        {font-family:Georgia;
        panose-1:2 4 5 2 5 4 5 2 3 3;}
@font-face
        {font-family:"Mark Pro Heavy";
        panose-1:2 11 9 4 2 2 1 1 1 4;}
@font-face
        {font-family:Webdings;
        panose-1:5 3 1 2 1 5 9 6 7 3;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
        {margin:0in;
        font-size:11.0pt;
        font-family:"Calibri",sans-serif;}
a:link, span.MsoHyperlink
        {mso-style-priority:99;
        color:#003C61;
        text-decoration:underline;}
span.EmailStyle17
        {mso-style-type:personal-compose;
        font-family:"Georgia",serif;
        color:windowtext;}
.MsoChpDefault
        {mso-style-type:export-only;
        font-family:"Calibri",sans-serif;}
@page WordSection1
        {size:8.5in 11.0in;
        margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
        {page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#003C61" vlink="#63A3CA" style="word-wrap:break-word">
<div class="WordSection1">
<div style="margin-top:15.0pt">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="721" style="width:541.0pt;border-collapse:collapse">
<tbody>
<tr>
<td width="721" colspan="3" valign="top" style="width:541.0pt;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif"><img width="721" height="193" style="width:7.5104in;height:2.0104in" id="Picture_x0020_2" src="cid:image001.png@01D854DB.054B1F90"></span><span style="font-size:12.0pt;font-family:"Georgia",serif"><o:p></o:p></span></p>
</td>
</tr>
<tr>
<td width="721" colspan="3" valign="top" style="width:541.0pt;padding:.5in 0in 0in .5in">
<p class="MsoNormal"><b><span style="font-size:23.0pt;font-family:"Arial",sans-serif;color:#003C61">Inside the Vault</span></b><b><span style="font-size:23.0pt;font-family:"Arial",sans-serif;color:#003C61">
</span></b><span style="font-size:23.0pt;font-family:Webdings;color:#FFCD4C">8</span><b><span style="font-size:23.0pt;font-family:"Arial",sans-serif;color:#FFCD4C">
</span></b><b><span style="font-size:16.0pt;font-family:"Arial",sans-serif;color:#003C61">State Agency Edition<o:p></o:p></span></b></p>
<p class="MsoNormal"><i><span style="font-size:12.0pt;font-family:"Georgia",serif">Inside the Vault—State Agency Edition</span></i><span style="font-size:12.0pt;font-family:"Georgia",serif"> will be delivered as a joint April/May issue next month.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><i><span style="font-size:12.0pt;font-family:"Georgia",serif">Inside the Vault—State Agency Edition</span></i><span style="font-size:12.0pt;font-family:"Georgia",serif"> is a monthly newsletter providing state agencies with information
 about Treasury products and services, cash management regulations, and industry trends and best practices. Past issues of the newsletter are available online
<a href="https://www.oregon.gov/treasury/news-data/pages/treasury-news-reports.aspx#nfsac">
here</a>.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:16.0pt;font-family:"Arial",sans-serif;color:#003C61">Employment Opportunity<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">Treasury is currently recruiting for a Program Analyst 3 (<a href="https://oregon.wd5.myworkdayjobs.com/SOR_External_Career_Site/job/Salem--Treasury--Winter-Street/Banking-Operations-Analyst_REQ-91621">Banking
 Operations Analyst</a>). The position will analyze and resolve complex banking system issues, recommend system and process changes to improve efficiency and ensure regulatory compliance, and recommend changes to policies, procedures, and internal controls
 governing statewide cash management activities. The recruitment is currently scheduled to close April 24.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">If you have questions about the position, contact Sarah Kingsbury, Banking Operations Manager, at 503.373.1501 or
<a href="mailto:sarah.kingsbury@ost.state.or.us">sarah.kingsbury@ost.state.or.us</a>.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:16.0pt;font-family:"Arial",sans-serif;color:#003C61">Interest Rates<o:p></o:p></span></b></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse">
<tbody>
<tr>
<td width="224" valign="top" style="width:168.2pt;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">Average Annualized Yield<o:p></o:p></span></p>
</td>
<td width="117" valign="top" style="width:87.9pt;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">March<o:p></o:p></span></p>
</td>
<td width="72" valign="top" style="width:.75in;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">0.5016%<o:p></o:p></span></p>
</td>
</tr>
<tr>
<td width="224" valign="top" style="width:168.2pt;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">Interest Rates<o:p></o:p></span></p>
</td>
<td width="117" valign="top" style="width:87.9pt;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">March 1–15<o:p></o:p></span></p>
</td>
<td width="72" valign="top" style="width:.75in;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">0.45%<o:p></o:p></span></p>
</td>
</tr>
<tr>
<td width="224" valign="top" style="width:168.2pt;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif"><o:p> </o:p></span></p>
</td>
<td width="117" valign="top" style="width:87.9pt;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">March 16–31<o:p></o:p></span></p>
</td>
<td width="72" valign="top" style="width:.75in;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif">0.55%<o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif"><o:p></o:p></span></p>
</td>
</tr>
<tr>
<td width="721" colspan="3" valign="top" style="width:541.0pt;padding:0in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Georgia",serif"><img border="0" width="323" height="192" style="width:3.3645in;height:2.0in" id="Picture_x0020_4" src="cid:image002.png@01D854DB.054B1F90"></span><span style="font-size:12.0pt;font-family:"Georgia",serif"><o:p></o:p></span></p>
</td>
</tr>
<tr>
<td width="311" valign="top" style="width:233.6pt;background:#003C61;padding:.25in 0in .25in .5in">
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#FFCD4C">867 Hawthorne Ave SE<br>
Salem, OR 97301-5241<br>
<br>
<a href="http://omls.oregon.gov/mailman/listinfo/treasury-news"><span style="color:#FFCD4C">Manage Your Subscription or Unsubscribe</span></a><o:p></o:p></span></p>
</td>
<td width="162" valign="top" style="width:121.5pt;background:#003C61;padding:.25in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#FFCD4C">503.378.4000<o:p></o:p></span></p>
</td>
<td width="248" valign="top" style="width:185.9pt;background:#003C61;padding:.25in 0in 0in 0in">
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#FFCD4C"><a href="http://www.oregon.gov/treasury"><span style="color:#FFCD4C;text-decoration:none">oregon.gov/treasury</span></a><o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><span style="font-family:"Georgia",serif"><o:p> </o:p></span></p>
</div>
</div>
</body>
</html>