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Reso 2006-063
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Reso 2006-063
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12/13/2006 9:48:49 AM
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12/13/2006 9:48:47 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
6/19/2006
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<br />San Leandro Investment Policy Statement <br /> <br /> <br />Investment Type <br /> <br />Reverse Repurchase <br />Agreements <br /> <br />Passbook Accounts <br /> <br />Mutual Funds <br /> <br />Other Investment <br />Pools <br /> <br />City Issued Securities <br /> <br />Appendix A. <br />City of San Leandro <br />Summary of Eligible Investments <br /> <br />Maximum <br />MatHrity <br /> <br />Maximum <br />AmOunt <br /> <br />92 Days <br /> <br />20% of Portfolio <br /> <br />5 Years <br /> <br />None <br /> <br />N/A <br /> <br />20% of Portfolio <br /> <br />N/A <br /> <br />N/A <br /> <br />N/A <br /> <br />N/A <br /> <br />Page 9 of 12 <br /> <br />Other Req uirelUents <br /> <br /> <br />Proceeds Must be <br />IDvested in Securities <br />Having Maturities Shorter <br />Than or Equal to Tenn of <br />Underlying Agreement <br /> <br />Minimum of 110% <br />Collateral if Secured by <br />U.S. Government <br />Securities, 150% if <br />Secured by Mortgage or <br />Trust Deed <br /> <br />Highest Rating from at <br />Least Two Rating <br />Agencies and/or Advisor <br />with 5 Years of <br />Experience Managing <br />Assets in Excess of $500 <br />Million <br /> <br />Must Provide <br />Comprehensive <br />Infonnation Prior to City <br />IDvestment <br /> <br />Usually Purchased When <br />Originally Issued <br />
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