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Reso 2017-087
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Reso 2017-087
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Last modified
4/16/2018 6:28:38 PM
Creation date
8/3/2017 5:17:10 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
6/19/2017
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PERM
Document Relationships
_CC Agenda 2017 0619 CS + RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2017\Packet 2017 0619
8G Consent Calendar 2017 0619
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2017\Packet 2017 0619
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San Leandro Investment Policy Statement <br />Appendix A (continued)City <br />of San Leandro Summary of <br />Eligible Investments <br />Page 11 of 14 <br />Investment Type <br />Maximum <br />Maximum <br />Other Requirements <br />Maturity <br />Amount <br />Repurchase <br />1 Year <br />20 % of Portfolio <br />Master Agreement & <br />Agreements <br />Fully Collateralized <br />Reverse <br />92 Days <br />20% of Portfolio <br />Proceeds Must be <br />Repurchase <br />Invested in Securities <br />Agreements <br />Having Maturities <br />Shorter Than or Equal <br />to Term of Underlying <br />Agreement <br />Passbook <br />5 Years <br />None <br />Minimum of 110% <br />Accounts <br />Collateral if Secured by <br />U.S. Government <br />Securities, 150% if <br />Secured by Mortgage <br />or Trust Deed <br />Mutual Funds <br />N/A <br />20% per Money <br />Highest Rating from at <br />& Money <br />Market Mutual <br />Least Two Rating <br />Market <br />Fund, 10% per <br />Agencies and/or <br />Mutual Funds <br />Mutual Fund; <br />Advisor with 5 Years of <br />20% of Portfolio <br />Experience Managing <br />in aggregate <br />Assets in Excess of <br />$500 Million <br />Other Investment <br />N/A <br />N/A <br />Must Provide <br />Pools <br />Comprehensive <br />Information Prior to <br />City Investment <br />City Issued <br />N/A <br />N/A <br />Usually Purchased <br />Securities <br />When Originally Issued <br />
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