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MONTHLY INVESTMENT DECISIONS (excluding LAIF and money market funds) <br /> Purchases: <br /> Issuer Par Value Maturity Coupon Yield <br /> Date <br /> Federal Farm Credit Bank 2,000,000 12/03/18 1 30% 1 30% <br /> Federal Farm Credit Bank 1,000,000 06/14/18 1 17% 1 26% <br /> Federal Home Loan Bank 2,000,000 09/28/18 1 35% 1 37% <br /> Federal Home Loan Mort Corp 2,000,000 09/29/17 1 00% 1 10% <br /> Maturities: Maturity <br /> Issuer Par Value 1 ate Coupon Yield <br /> None <br /> Called Bonds: <br /> Issuer Par Value Call Date Coupon Yield <br /> Federal Farm Credit Bank 2,000,000 12/17/15 1 62% 1 64% <br /> Federal Home Loan Bank 970,000 12/29/15 1 15% 1 15% <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 <br /> to 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's investment policy's mandate of safety, <br /> liquidity, and yield This strategy is expected to continue throughout FY2015-16 <br />