Ordinance 1994-1170 - Laserfiche WebLink

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-Senior debt obligations -Mortgage-backed securities (excluded are stripped mortgage secuntIes which are purchased at prices exceeding their principal amounts) -Student Loan Marketing Association (SLMA) -Senior debt obligations (excluded are securities that do not have a fixed par value and/or whose terms do not promise a fixed dollar amount at maturity or call date) -Financing Corporation (FICO) -Debt obligations -Resolution Funding Corporation (REF CORP) -Debt obligations 4. Unsecured certificates of deposit, time deposits, and bankers' acceptances (having maturities of not more than 30 days) of any bank the short-term obligations of which are rated "A-I" or better by S&P. 5. Deposits the aggregate amount of which are fully insured by the Federal Deposit Insurance Corporation (FDIC), in banks which have capital and surplus of at least $5 million. 6. Commercial paper (having original maturities of not more than 270 days) rated "A-l +" by S&P and "Prime-I" by Moody's. 7. Money market funds rated "AAm" or "AAm-G" by S&P, or better. 8. "State Obligations," which means: A. Direct general obligations of any state ofthe United States of America or any subdivision or agency thereof to which is pledged the full faith and credit of a state the unsecured general obligation debt of which is rated "A3" by Moody's and "A" by S&P, or better, or any obligation fully and unconditionally guaranteed by any state, subdivision or agency whose unsecured general obligation debt is so rated. B. Direct general short-term obligations of any state agency or subdivision or agency thereof described in (A) above and rated "A-l +" by S&P and "Prime-I" by Moody's. C. Special Revenue Bonds (as defined in the United States Bankruptcy Code) of any state, state agency or subdivision described in (A) above and rated "AA" or better by S&P and "Aa" or better by Moody's. -5-