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Called Bonds: <br /> Issuer Par Value Call Date Coupon Yield <br /> Federal Home Loan Mort. Corp. 1,000,000 03/28/16 1.55% 1.56% <br /> Federal Home Loan Bank 2,000,000 03/29/16 1.10% 1.10% <br /> Federal Home Loan Mort. Corp. 1,000,000 03/29/16 1.45% 1.45% <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 began 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 FY2015/16. <br />