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QUARTERS INVESTMENT DECISIONS (excluding LAIF and money market funds): <br />Purchases: <br />Issuer <br />Federal Farm Credit Bank <br />Federal Farm Credit Bank <br />Federal National Mortgage Assn. <br />Federal National Mortgage Assn. <br />Federal National Mortgage Assn. <br />Federal National Mortgage Assn. <br />Maturities: <br />Issuer <br />Federal Home Loan Bank <br />Called Bonds: <br />Issuer <br />Par Value Maturity Coupon( %) Yield( %) <br />Date <br />1,000,000 02/03/20 <br />500,000 04/30/19 <br />1,000,000 11/30/20 <br />1,500,000 03/13/19 <br />1,000,000 07/20/20 <br />1,500,000 08/21/20 <br />1.550 1.509 <br />1.220 1.310 <br />1.500 1.688 <br />1.375 1.332 <br />1.850 1.872 <br />1.850 1.828 <br />Maturity <br />Par Value Date Coupon( %) Yield( %) <br />2,000,000 03/10/17 0.875 0.800 <br />Par Value <br />Call Date Coupon( %) Yield( %) <br />Federal Home Loan Bank 2,000,000 01/26/17 1.500 1.500 <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 FY 2016 -17. <br />