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Called Bonds: <br /> Issuer Par Value Call Date Coupon Yield <br /> Federal National Mortgage Assn 2,000,000 03/27/15 0.56% 0.57% <br /> CURRENT INVESTMENT STRATEGY: <br /> Staff continues to invest in a mix of fixed income securities as excess cash is available while <br /> continuing to match maturities with future cash needs. As previously discussed staff has begun to <br /> extend maturities in order to provide additional income and structure to the portfolio. <br /> Additionally, staff is cautiously increasing the portfolio's credit exposure in order to pick up <br /> incremental yields while complying with the City investment policy's mandate of safety, <br /> liquidity and yield. This strategy is expected to continue throughout FY15-16. <br />