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San Leandro Investment Policy Statement Page 10 of 14 <br /> <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 />Other Requirements <br /> <br />Negotiated Certificates of Deposit (CDs) and <br />CDARs <br /> <br />5 Years <br /> <br />30 % of Portfolio <br /> <br />CDs require Market <br />Value of Collateral at Least 110% of <br />Deposit if not FDIC <br />insured; CDARs are <br />FDIC insured <br />U.S. Government Agency Securities 5 Years, Longer Maturities if <br />Approved by <br />Council <br />None None <br />U.S. Treasury Securities 5 Years, Longer Maturities if <br />Approved by <br />Council <br />None None <br />State Local Agency <br />Investment Fund <br />(LAIF) <br />N/A Maximum Program Limits None <br /> Bankers <br />Acceptances <br /> 180 Days 30 % per Issuer <br />40% of Portfolio <br /> Minimum Rating of <br />“A” from Moody’s or <br />S&P <br />Commercial Paper 270 Days 10% of Issuer’s Paper <br />25% of Portfolio <br />Prime Quality Rating <br />of “A-1” and “P-1” <br />from S&P and <br />Moody’s Respectively <br />Medium Term <br />Corporate Notes <br />5 Years 30% of Portfolio Minimum Rating of <br />“A” from Moody’s or <br />S&P <br /> <br /> <br />175