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Reso 2007-098
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Reso 2007-098
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Last modified
7/23/2007 5:05:57 PM
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7/23/2007 5:05:55 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
7/16/2007
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8F Consent 2007 0716
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2007\Packet 2007 0716
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<br />San Leandro Investment Policy Statement <br /> <br />Page 8 of 12 <br /> <br />Appendix A. <br />City of San Leandro <br />Summary of Eligible Investments <br /> <br />Investment Type Maximum Maximum Other Requirements <br /> Maturity Amount <br />Certificates of 5 Years 30 % of Portfolio Market Value of <br />Deposit Collateral at Least <br /> 110% of Deposit <br />U.S. Government 5 Years, Longer <br />Agency Securities Maturities if None None <br /> Approved by <br /> Council <br />U.S. Treasury 5 Years, Longer <br />Securities Maturities if None None <br /> Approved by <br /> Council <br />State Local Agency <br />Investment Fund N/A $40 Million per <br />(LAIF) Account None <br /> 30 % per Issuer Minimum Rating of <br />Bankers Acceptances 180 Days 40% of Portfolio "A" from Moody's or <br /> S&P <br /> 10% of Issuer's Paper Prime Quality Rating of <br /> 25% ~ of Portfolio "A-I" and "P-l" from <br />Commercial Paper 270 Days 30% of Portfolio if S&P and Moody's <br /> Maturity of Holdings Respectively <br /> is Less Than 31 Days <br />Medium Term 5 Years 30% -l-4% of Portfolio Minimum Rating of <br />Corporate Notes "AA" from Moody's <br /> and S& P <br />Repurchase 1 Year 20 % of Portfolio Master Agreement & <br />Agreements Fully Collateralized <br />
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