My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
06-20-07 FPAC Minutes
ArdenHills
>
Administration
>
Commissions, Committees, and Boards
>
Financial Planning and Analysis Committee (FPAC)
>
FPAC Packets
>
2007
>
06-20-07 FPAC Minutes
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/24/2024 4:07:07 PM
Creation date
11/9/2007 2:19:12 PM
Metadata
Fields
Template:
General
Document
06-20-07 Minutes
General - Type
Minutes
Date
6/20/2007
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
209
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Diversification <br /> • <br /> The City will diversify its investments by security type as shown below: <br /> Maximum <br /> Holdings <br /> United States Treasury obligations (bills, notes and bonds) 100% <br /> United States governmental agency and instrumentality securities 100% <br /> State and local securities 20% <br /> Commercial paper * 40% <br /> Certificates of deposit/repurchase agreements 1 0% <br /> Bankers acceptances 10% <br /> Repurchase agreements 5% <br /> Money market mutual funds investing in State authorized securities 20% <br /> * Maximum holdings for any one issuer of commercial paper are 7%. <br /> Competitive Selection of Investment Purchases <br /> For each investment opportunity, when possible, bids will be solicited from <br /> at least three authorized financial institutions for options with regards to term and <br /> instrument. The City will accept the bid that it determines best complies with the • <br /> investment Objectives and Diversification constraints described in this Policy. <br /> • <br /> 4 <br />
The URL can be used to link to this page
Your browser does not support the video tag.