Laserfiche WebLink
EXHIBIT A <br /> Summary of Investment Requirements <br /> City Code <br /> Investment Type Minimum Minimum City Code City Code <br /> Quality Quality Maximum% Maximum% Maximum Maximum <br /> Parameters Parameters of Portfolio of Portfolio Maturity Maturity <br /> U.S.Treasury None None None None 5 Years 5 Years <br /> Obligations <br /> Federal Agency None None None None 5 Years 5 Years <br /> Obligations <br /> Bankers A1/P1 None 30%/5% 40%/30% 180 Days 180 Days <br /> Acceptances issuer issuer <br /> State and Local "A" Rated None 30%/5% None 5 Years 5 Years <br /> Obligations obligation issuer <br /> Commercial A1/P1/F1 A1/P1/F1 25%/5% 25%/10% 270 Days 270 Days <br /> Paper issuer issuer <br /> Negotiable "A" Rated None 30%/5% 30% 5 Years 5 Years <br /> Certificates of Financial issuer <br /> Deposit institutions <br /> Certificates of "A" Rated None 30%/5% None 5 Years None <br /> Deposit Financial issuer <br /> institutions <br /> ' Repurchase "A" Rated None 15%/5% None 90 Days 1 year <br /> Agreements primary issuer <br /> dealers <br /> Medium-Term "A" Rated "A" Rated 30%/ 30% 5 Years 5 Years <br /> Notes obligation obligation <br /> Money Market "A" "A" 20% 20% N/A N/A <br /> and Mutual <br /> Funds <br /> Local Agency None None $65 Million $65 Million N/A N/A <br /> Investment Fund <br /> California Asset "A" Rated "A" Rated 30% 30% N/A N/A <br /> Management obligation obligation <br /> Program <br /> Section 115 By Council Investment By Council By Council N/A N/A <br /> , Pension Trust approval policy for approval approval <br /> Fund Trust Fund <br /> MAXIMUM MATURITIES <br /> To the extent possible, the City will attempt to match its investments with anticipated <br /> cash flow requirements. Because of inherent difficulties in accurately forecasting cash <br /> flow requirements, a portion of the portfolio should be continuously invested in readily <br /> available funds. Where this Policy does not specify a maximum remaining maturity at <br /> 8 <br />