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San Leandro Investment Policy Statement Page 9 of 15 <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 <br /> <br />5 Years <br /> <br />30 % of Portfolio <br /> <br />CDs require Market <br />Value of Collateral at <br />Least 110% of <br />Deposit if not FDIC <br />insured; CDARs are <br />FDIC insured <br /> <br />None <br /> <br /> <br /> <br />None <br /> <br /> <br /> <br />None <br /> <br /> <br /> <br /> <br />Minimum Rating of <br />“A” from Moody’s or <br />S&P <br /> <br />Prime Quality Rating <br />of “A-1” and “P-1” <br />from S&P and <br />Moody’s Respectively <br /> <br />Minimum Rating of <br />“A” from Moody’s or <br />S&P <br />Certificates of <br />Deposit (CDs) and <br />CDARs <br /> <br />U.S. Government <br /> <br />5 Years, Longer <br /> <br />None <br />Agency Securities Maturities if <br /> Approved by <br /> Council <br />U.S. Treasury 5 Years, Longer None <br />Securities Maturities if <br /> Approved by <br /> Council <br />State Local N/A Maximum Program <br />Agency Limits <br />Investment Fund <br />(LAIF) <br /> <br />Bankers <br /> <br />180 Days <br /> <br />30 % per Issuer <br />Acceptances 40% of Portfolio <br /> <br />Commercial Paper <br /> <br />270 Days <br /> <br />10% of Issuer’s <br /> Paper <br /> 25% of Portfolio <br /> <br />Medium Term <br /> <br />5 Years <br /> <br />30% of Portfolio <br />Corporate Notes <br /> <br /> <br /> <br /> <br /> <br /> 32