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San Leandro Investment Policy Statement Page 9 of 13 <br /> <br />Appendix A <br />City of San Leandro <br />Summary of Eligible Investments <br /> <br /> <br />Investment Type <br /> <br />Maximum <br />Maturity <br /> <br />Maximum <br />Amount <br /> <br /> <br />Other Requirements <br /> <br />Negotiated <br />Certificates of <br />Deposit (CDs) and <br />CDARs <br /> <br />5 Years <br /> <br />30 % of Portfolio <br /> <br />CDs require Market <br />Value of Collateral at <br />Least <br />110% of Deposit if <br />not FDIC insured; <br />CDARs are FDIC <br />insured <br /> <br />U.S. Government <br />Agency Securities <br /> <br /> <br />5 Years, Longer <br />Maturities if <br />Approved by <br />Council <br /> <br /> <br />None <br /> <br /> <br /> <br />None <br /> <br />U.S. Treasury <br />Securities <br /> <br />5 Years, Longer <br />Maturities if <br />Approved by <br />Council <br /> <br /> <br />None <br /> <br /> <br />None <br /> <br />State Local <br />Agency <br />Investment Fund <br />(LAIF) <br /> <br /> <br />N/A <br /> <br /> <br />Maximum Program <br />Limits <br /> <br /> <br /> <br />None <br /> <br /> <br />Bankers <br />Acceptances <br /> <br /> <br />180 Days <br /> <br />30 % per Issuer <br />40% of Portfolio <br /> <br />Minimum Rating of <br />“A” from Moody’s or <br />S&P <br /> <br /> <br /> <br />Commercial Paper <br /> <br /> <br /> <br />270 Days <br /> <br />10% of Issuer’s <br />Paper <br />25% of Portfolio <br /> <br /> <br />Prime Quality Rating <br />of “A-1” and “P-1” <br />from S&P and <br />Moody’s Respectively <br /> <br />Medium Term <br />Corporate Notes <br /> <br />5 Years <br /> <br />30% of Portfolio <br /> <br />Minimum Rating of <br />“A” from Moody’s or <br />S& P <br /> <br />