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City of St. Louis Park <br /> Investment Policy <br /> June 5, 2000 <br /> 1110 Resolution #00-074 <br /> EXHIBIT A <br /> MAXIMUM PER MAXIMUM PER MINIMUM CREDIT MAXIMUM <br /> INVESTMENT TYPE ISSUE INVESTMENT QUALITY MATURITY <br /> US Treasuries No more than No limit. N/A Five years. If beyond <br /> 15%of the total five years,should be <br /> portfolio. related to the specific <br /> debt payments. <br /> US Governmental No more than No limit. N/A Five years. If beyond <br /> Agencies and Federally 15%of the total five years,should be <br /> Sponsored Agency portfolio. related to specific <br /> Securities. To include debt payments. <br /> callables and step-ups <br /> Commercial Paper- No more than No limit. Any two of the 270 days. <br /> issued by United States 15%of the total following national <br /> corporations or their portfolio. ratings: Al, P1, F1 <br /> Canadian subsidiaries or D1. <br /> Repurchase Agreements No more than No limit. Provided they are 30 days. <br /> or Reverse Repurchase 15%of the total fully collaterized at <br /> Agreements portfolio. 102%of market <br /> value by US <br /> Treasuries or <br /> Agencies. <br /> Bankers Acceptances- No more than No limit. Any two of the 270 days. <br /> Fed eligible United 15%of the total following ratings: Al, <br /> States banks portfolio. P1, F1 or D1. <br /> Certificates of Deposit No more than No limit. Provided it is Five years. If beyond <br /> 15% of the total guaranteed by the five years,should be <br /> portfolio. FDIC, FSLIC or is related to specific <br /> backed by collateral debt payments. <br /> as required by M.S. <br /> 118A. <br /> Guaranteed Investment No more than The issuer's or <br /> Contracts-issued or 15% of the total guarantor's short- <br /> guaranteed by United portfolio. term and long term <br /> States commercial banks unsecured debt must <br /> domestic branches of be rated in one of <br /> foreign banks, United the two highest <br /> States Insurance categories by a <br /> Companies,or their nationally recognized <br /> Canadian subsidiaries. rating agency. <br /> • Should the issuer's <br /> or guarantor's credit <br /> quality be down- <br /> graded below"A", <br /> 7 <br />