 Investment Program
|
 |
Investment Policy Compliance as of 12/31/07
| U.S. Treasuries |
$342,172,281 |
32.5% |
100% |
| Federal Agencies & U.S. Government Sponsored |
$289,752,877 |
27.5% |
100% |
| State of California & Local Agencies |
$0 |
0.0% |
25% |
| Money Market Funds & Mutual Funds |
$72,871,401 |
6.9% |
20% |
| Bankers Acceptances |
$0 |
0.0% |
30% |
| Negotiable Certificates of Deposit |
$18,391,724 |
1.7% |
30% |
Commercial Paper
If weighted average maturity of all CP is > 31 days
|
$13,000,000 |
1.2% |
25% |
| Medium Term Maturity Corporate Securities |
$123,285,913 |
11.7% |
30% |
| Mortgage and Asset-Backed Securities |
$87,276,227 |
8.3% |
20% |
| Repurchase Agreements |
$11,338,030 |
2.1% |
75% |
| Investment Agreements Pursuant to Indenture |
$0 |
0.0% |
100% |
| Local Agency Investment Fund (LAIF) |
$11,830,860 |
1.1% |
$40 Million |
| Orange County Investment Pool (OCIP) |
$12,137,778 |
1.2% |
$40 Million |
| CAMP |
$0 |
0.0% |
10% |
| Variable & Floating Rate Securities |
$6,262,656 |
0.6% |
30% |
| Debt Service Reserve Funds - Investment Agreements |
$64,430,920 |
6.1% |
Not Applicable |
| Derivatives (hedging transactions only) |
0 |
0.0% |
5% |
Please call Kirk Avila at 714.560.5674 for a copy of the 2007 Investment Policy.