The Government Development Bank for Puerto Rico released its most recent liquidity statement late last week, showing a balance of $1.02 billion net as of April 30, representing a drop from the $1.11 billion the agency reported for the prior month.
According to the most recent numbers, the GDB had $191.9 million in cash and bank deposits on the books at the end of April, which sharply contrasts the $347.6 million it reported at the end of March.
Meanwhile, the agency had $270.4 million in the books related to federal funds sold and money market instruments in April, a slightly higher result than the $210 million reported for the prior month.
Regarding investment securities, as of April 30, the GDB had $946.3 million in U.S. Treasury and other agencies, down from the $1.2 billion on record as of March 31. Other unspecified securities remained steady at about $60 million in March and April, according to the agency’s numbers.