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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 12 of 14 <br />Investment Type <br />Maximum <br />Maturity <br />Maximum <br />Amount <br />Other Requirements <br />Asset -Backed, <br />5 Years <br />20% of portfolio <br />Securities rated "AA" <br />Mortgage -Backed, <br />or higher by one <br />Mortgage Pass- <br />Nationally Recognized <br />Through <br />Statistical -rating <br />Securities, <br />Organization (NRSO) <br />Collateralized <br />Issuer rating of "A" or <br />Mortgage <br />higher by one NRSO <br />Obligations <br />No limitation on <br />mortgage securities <br />when issuer is US <br />Treasury or Agency <br />Supranational <br />5 Years <br />30% of portfolio <br />Permitted issuers are <br />Securities <br />10% per issuer <br />International Bank for <br />Reconstruction and <br />Development (IBRD), <br />International Finance <br />Corporation (IFC), and <br />Inter -American <br />Development Bank <br />
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