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SHORT-TERM INVESTMENTS: (Tables)
6 Months Ended
Jun. 30, 2024
SHORT-TERM INVESTMENTS:  
Schedule of short-term investments

Short-term investments were as follows (in millions):

At June 30, 

At December 31, 

    

2024

    

2023

Trading securities

$

328.9

$

599.1

Weighted average interest rate

 

5.5

%  

 

5.7

%

Available-for-sale

$

0.2

$

0.2

Weighted average interest rate

 

0.8

%  

 

0.8

%

Total

$

329.1

$

599.3

Summary of activity investments

The following table summarizes the activity of these investments by category (in millions):

Three months ended

Six months ended

 

June 30, 

June 30, 

    

2024

    

2023

    

2024

    

2023

 

Trading:

Interest earned

$

7.6

$

3.5

$

13.7

$

6.9

Unrealized gain (loss) at the end of the period

$

(*)  

$

(*)  

$

(*)  

$

(*)  

Available-for-sale:

Interest earned

$

(*)

$

(*)  

$

(*)  

$

(*)  

Investment redeemed

$

$

$

$

(*) Less than $0.1 million.