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Reso 2019-106
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Reso 2019-106
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Last modified
6/19/2019 3:26:19 PM
Creation date
6/19/2019 1:17:36 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
6/17/2019
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PERM
Document Relationships
8B Consent 2019 0617
(Approved by)
Path:
\City Clerk\City Council\Agenda Packets\2019\Packet 2019 0617
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<br />San Leandro Investment Policy StatementPage 9of 15 <br /> <br />Appendix A <br />City of San Leandro <br />Summary of Eligible Investments <br /> <br /> <br />Investment Type Maximum Maximum Other Requirements <br />Maturity Amount <br /> <br />Negotiated 5 Years 30 % of Portfolio CDs require Market <br /> Value of Collateral at <br />Certificates of <br /> Least 110% of <br />Deposit (CDs) and <br /> Deposit if not FDIC <br />CDARs <br />insured; CDARs are <br />FDIC insured <br /> <br /> <br />None <br />U.S. Government 5 Years, Longer None <br /> <br />Agency Securities Maturities if <br /> <br /> <br />Approved by <br /> <br /> <br />Council <br /> <br />None <br />U.S. Treasury 5 Years, Longer None <br /> <br />Securities Maturities if <br /> <br />Approved by <br /> <br /> <br />Council <br /> <br />None <br />State Local N/A Maximum Program <br /> <br />Agency Limits <br /> <br /> <br />Investment Fund <br /> <br /> <br />(LAIF) <br /> <br /> <br /> <br />Minimum Rating of <br />Bankers 180 Days 30 % per Issuer <br /> <br />Acceptances 40% of Portfolio <br />S&P <br /> <br /> <br />Prime Quality Rating <br />Commercial Paper 270 Days <br />-- <br /> <br />Paper <br />from S&P and <br /> <br />25% of Portfolio <br /> <br /> <br /> <br />Minimum Rating of <br />Medium Term 5 Years 30% of Portfolio <br /> <br />Corporate Notes <br />S&P <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />
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