Pooled Pooled Money Investment Board Board Report as of September 30, 2015 Prepared by the PMIB Staff Scott Miller, Director of Investments Kevin Hornung, MIP Administrator Karen Stattelman, Accounting Manager Rebecca McManness, Investment Acct. Janette Boucher, Investment Analyst
Pooled Money Investment Board Balance Sheet September 30, 2015 ASSETS Health Care Special Elimination Consolidated Prior PMIP KDOT Stab. Fund Funds Entry TOTAL Month Change Cash $5,793,302 $0 $0 $0 $0 $5,793,302 $1,484,033 $4,309,269 Deposits in Transit 9,412,341 0 0 0 0 9,412,341 9,510,290 (97,949) Investments (Amortized Cost) 3,217,135,966 40,010,707 264,644,040 202,449,520 (840,988) 3,723,399,245 4,118,822,802 (395,423,557) PMIB Loans 8,825,098 0 0 0 0 8,825,098 7,325,098 1,500,000 Linked Deposits 12,693,873 0 0 0 0 12,693,873 13,141,697 (447,824) Interest Receivable 2,414,653 125 2,581,216 698,511 0 5,694,505 5,637,818 56,687 Total Assets $3,256,275,233 $40,010,832 $267,225,256 $203,148,031 ($840,988) $3,765,818,364 $4,155,921,738 ($390,103,374) Total Assets - September 30, 2014 $3,869,162,826 $209,688,995 $258,901,725 $41,091,225 $1,386,872 $4,380,231,643 Change From Prior Year ($612,887,593) ($169,678,163) $8,323,531 $162,056,806 ($2,227,860) ($614,413,279) LIABILITIES Due to Agencies and Others $2,516,048,185 $40,010,832 $267,203,254 $203,148,031 ($840,988) $3,025,569,314 $3,327,018,168 ($301,448,854) Reverse Repo Agreements 0 0 0 0 0 0 0 0 Due to PMIP Fee Fund 251,250 0 22,002 0 0 273,252 316,538 (43,286) Payable to MIP Participants 739,949,848 0 0 0 0 739,949,848 828,562,747 (88,612,899) Int Earned Not Posted MIP (FX) 25,950 0 0 0 0 25,950 24,285 1,665 Total Liabilities $3,256,275,233 $40,010,832 $267,225,256 $203,148,031 ($840,988) $3,765,818,364 $4,155,921,738 ($390,103,374) Composition of Assets As of September 30, 2014 Composition of Assets As of September 30, 2015 Millions 4500 4000 3500 3000 2500 2000 1500 1000 500 0 88.4% 4.8% 5.9% PMIP KDOT HCS Special 0.9% Millions 4500 4000 3500 3000 2500 2000 1500 1000 500 0 86.4% 1.1% 7.1% PMIP KDOT HCS Special 5.4% Total $4,380,231,643 Total $3,765,818,364 September 30, 2015 Pooled Money Investment Board Page 1
Pooled Money Investment Board Statement of Net Investment Income For the Month Ended September 30, 2015 Health Care Special Elimination Consolidated Prior PMIP KDOT Stab. Fund Funds Entry TOTAL Month Change Investment Income Interest Income $812,349 $121 $846,141 $136,771 ($6) $1,795,376 $1,791,773 $3,603 Amortization of (Premium)/Discount (140,401) 16,601 (154,556) (16,859) 0 (295,215) (210,308) (84,907) Interest Expense on Reverse Repos 0 0 0 0 0 0 0 0 Gain on Sale of Securities 0 0 0 0 0 0 0 0 (Loss) on Sale of Securities 0 0 0 0 0 0 0 0 Less PMIP Fees Retained (251,250) 0 (22,002) 0 0 (273,252) (316,538) 43,286 Early Withdrawal Penalty 0 0 0 0 0 0 0 0 Net Investment Income $420,698 $16,722 $669,583 $119,912 ($6) $1,226,909 $1,264,927 ($38,018) Interest Income to MIP Participants $12,988 $12,988 $27,724 ($14,736) Interest Earned Not Posted MIP (FX) 8,367 8,367 6,490 1,877 $21,355 $21,355 $34,214 ($12,859) Pooled Money Investment Board Statement of Net Investment Income Fiscal Year to Date September 30, 2015 Health Care Special Elimination Consolidated Prior FYTD PMIP KDOT Stab. Fund Funds Entry TOTAL September 30, 2014 Change Investment Income Interest Income $2,395,450 $384 $2,548,493 $419,472 ($35) $5,363,764 $2,967,481 $2,396,283 Amortization of (Premium)/Discount (253,217) 54,824 (461,532) (51,490) 0 (711,415) 709,832 (1,421,247) Interest Expense on Reverse Repos 0 0 0 0 0 0 0 0 Gain on Sale of Securities 0 0 0 0 0 0 0 0 (Loss) on Sale of Securities 0 0 0 0 0 0 0 0 Less PMIP Fees Retained (866,175) 0 (67,795) 0 0 (933,970) (645,913) (288,057) Early Withdrawal Penalty 0 0 0 0 0 0 0 0 Net Investment Income $1,276,058 $55,208 $2,019,166 $367,982 ($35) $3,718,379 $3,031,399 $686,980 Interest Income to MIP Participants $61,538 $61,538 $48,540 $12,998 Interest Earned Not Posted MIP (FX) 20,872 20,872 17,125 3,747 $82,410 $82,410 $65,664 $16,746 September 30, 2015 Pooled Money Investment Board Page 2
Pooled Money Investment Portfolio Investments as of September 30, 2015 Unrealized % Of Yield at Month End (%) Par Value Amortized Cost Market Value Gain/Loss WAM (Days) Portfolio Sep-15 Aug-15 Jul-15 Jun-15 Investments US Govt Agency Discount Notes $344,300,000 $344,228,842 $344,211,998 ($16,844) 66 10.7% 11.48 0.00 0.00 0.00 US Govt Agency Debentures 717,977,000 723,510,168 724,844,303 1,334,134 533 22.5% 0.72 0.71 0.70 0.69 Kansas Bank CDs 99,013,000 99,013,000 99,013,000 0 48 3.1% 0.26 0.23 0.22 0.21 Commercial Paper 1,220,000,000 1,219,883,956 1,219,892,950 8,994 17 37.9% 0.17 0.17 0.17 0.16 Open Commercial Paper 150,000,000 150,000,000 149,973,000 (27,000) 30 4.7% 0.15 0.15 0.15 0.15 Corporate Bonds 0 0 0 0 0 0.0% 0.00 0.00 0.00 0.00 Repurchase Agreements 680,500,000 680,500,000 680,500,000 0 1 21.2% 0.11 0.15 0.20 0.07 TOTAL $3,211,790,000 $3,217,135,966 $3,218,435,251 $1,299,284 136 100.0% 0.28 0.28 0.29 0.23 Prior Month's Totals $3,564,640,000 $3,570,369,679 $3,570,372,374 $2,694 119 Total Return 0.07 0.01 0.02 0.03 Change from Prior Month ($352,850,000) ($353,233,713) ($351,937,123) $1,296,590 17 Benchmark (Yield) 0.24 0.23 0.21 0.20 PORTFOLIO PERFORMANCE FYTD Portfolio Average Yield (%) 0.28 Portfolio Return Comparison Benchmark Yield (%) 0.22 Total Return (%) 0.10 MIP Rate Paid (%) 0.02 0.40% 0.35% 0.30% 0.25% 160 140 120 100 PMIP ADB Rate (%) 0.24 0.20% 80 MIP Average Balance $966,513,738 KDOT Cash Average Balance (ADB) $316,056,131 PMIP Average Balance $2,986,255,605 Net Investment Income $1,276,058 0.15% 0.10% 0.05% 0.00% 60 40 20 0 Benchmark = Standard & Poor's LGIP Index WAM @ EOM Portfolio Yield @ EOM Benchmark September 30, 2015 Pooled Money Investment Board Page 3
Pooled Money Investment Portfolio Investments with Kansas Banks as of September 30, 2015 Amount on Deposit Average Rate Number of Banks Kansas Bank CDs $99,013,000 0.26% 30 Fund Placement Funds Offered Funds Placed Amount Average Rate $125,000,000 3 Months $40,017,000 0.30% FY 16 Offerings to Banks September 2015 YTD FY 16 Offered to Banks $125,000,000 $350,000,000 Amount placed with Banks $40,017,000 $107,012,000 Redeemed Accounts $38,267,000 $102,039,000 NET CHANGE $1,750,000 $4,973,000 September 30, 2015 Pooled Money Investment Board Page 4
PMIP Cash Flow Analysis September 30, 2015 2015 2016 2017 Oct - Dec Jan - Mar Apr - June July - Sept Oct - Dec Jan - Mar Apr - June July - Sept 1-3 mo 4-6 mo 7-9 mo 10-12 mo 13-15 mo 16-18 mo 19-21 mo 22-24 mo Cash In Maturities 2,493,813,000 77,190,000 75,000,000 69,275,000 75,000,000 76,012,000 75,000,000 70,500,000 Revenue*** 5,555,300,000 6,256,900,000 7,227,100,000 6,452,400,000 5,555,300,000 6,256,900,000 7,227,000,000 4,295,800,000 Total 8,049,113,000 6,334,090,000 7,302,100,000 6,521,675,000 5,630,300,000 6,332,912,000 7,302,000,000 4,366,300,000 Cash Out MIP 689,287,036 35,441,776 7,042,207 8,178,829 0 0 0 0 Expenditures*** 6,512,400,000 6,164,200,000 6,556,800,000 6,467,600,000 6,512,400,000 6,164,200,000 6,617,200,000 4,055,200,000 Total 7,201,687,036 6,199,641,776 6,563,842,207 6,475,778,829 6,512,400,000 6,164,200,000 6,617,200,000 4,055,200,000 Net Cash Available 847,425,964 134,448,224 738,257,793 45,896,171 (882,100,000) 168,712,000 684,800,000 311,100,000 ***Projections 4000 3500 3000 2500 Millions 2000 1500 1000 500 0 O-15 N D J-16 F M A M J J A S O N D J-17 F M A M J J A Assets Liabilities (Includes MIP) September 30, 2015 Pooled Money Investment Board Page 5
Municipal Investment Pool Deposits as of September 30, 2015 Deposits OMIP FX 30 FX 90 FX 180 FX 365 TOTAL Prior Month Change State Agencies $840,988 $0 $0 $0 $0 $840,988 $829,965 $11,023 Cities 141,257,002 $0 $12,324,783 $16,598,294 16,684,136 186,864,214 213,240,229 (26,376,015) Counties 115,257,909 $0 $2,456,625 $6,418,279 3,164,932 127,297,745 135,566,476 (8,268,731) Schools 306,230,987 $200,280 $201,246 $1,000,000 10,000,000 317,632,514 370,546,477 (52,913,963) Other 94,406,847 $0 $3,200,000 $4,950,882 4,756,659 107,314,388 108,379,600 (1,065,212) Total $657,993,733 $200,280 $18,182,654 $28,967,454 $34,605,726 $739,949,848 $828,562,747 ($88,612,899) Prior Month $743,495,298 $200,275 $17,864,004 $31,147,443 $35,855,726 $828,562,747 Change ($85,501,565) $5 $318,650 ($2,179,989) ($1,250,000) ($88,612,899) September 30, 2014 Change From Prior Year $726,487,559 $1,450,863 $33,451,246 $52,700,672 $31,745,175 $845,835,516 ($68,493,826) ($1,250,583) ($15,268,592) ($23,733,218) $2,860,551 ($105,885,668) Weighted Annual Annual Average Days to Month End Percentage Monthly Percentage Potential Open MIP # Active Maturity Rate Yield Average Rate Yield Entity Participants Accounts Participants OMIP 1 0.010 0.010 0.009 0.009 FX 30 13 0.070 0.070 0.057 0.057 State Agencies N/A 12 2 FX 90 50 0.105 0.105 0.101 0.101 Cities 627 86 38 FX 180 113 0.159 0.159 0.138 0.138 Counties 105 51 26 FX 365 195 0.136 0.136 0.132 0.132 Schools 286 99 38 MIP 16 0.024 0.024 0.021 0.021 Other N/A 60 18 Total 1,018 308 122 Prior Month 14 0.030 0.030 0.026 0.026 Change 2 (0.006) (0.006) (0.005) (0.005) MIP Participant Activity Prior Month Principal Principal Interest Interest Statement Interest Earned Total Balance Ending Balance Deposits Withdrawals Posted Withdrawn Balance Not Posted Due Participants Variable Pools $743,495,298 231,702,448 (317,209,762) 5,749 0 657,993,733 0 $657,993,733 Fixed Rate Pools 85,067,449 9,071,431 (12,182,765) 7,239 (7,239) 81,956,115 25,950 81,982,065 Total $828,562,747 240,773,880 (329,392,527) 12,988 (7,239) 739,949,848 25,950 $739,975,799 September 30, 2015 Pooled Money Investment Board Page 6
Kansas Department of Transportation Investments as of September 30, 2015 Unrealized % Of Yield at Month End (%) Investments Par Value Amortized Cost Market Value Gain/Loss WAM (Days) Portfolio Sep-15 Aug-15 Jul-15 Jun-15 US Treasury Securities $0 $0 $0 $0 0 0.0% 0.00 0.00 0.00 0.00 US Govt Agency Securities 0 0 0 0 0 0.0% 0.00 0.00 0.00 0.00 US Mtg. Backed Securities 18,113 18,113 18,113 (1) 555 0.1% 8.51 8.52 8.52 8.52 Municipal Securities 0 0 0 0 0 0.0% 0.00 0.00 0.00 0.00 Commercial Paper 40,000,000 39,992,594 39,996,200 3,606 23 100.0% 0.31 0.28 0.28 0.28 Corporate Bonds 0 0 0 0 0 0.0% 0.00 0.00 0.00 0.00 Repurchase Agreements 0 0 0 0 0 0.0% 0.00 0.00 0.00 0.00 TOTAL $40,018,113 $40,010,707 $40,014,313 $3,605 23 100.0% 0.32 0.28 0.28 0.28 Prior Month's Totals $80,019,144 $79,995,137 $80,003,144 $8,007 38 Total Return (19.09) 0.02 0.01 (5.46) Change from Prior Month ($40,001,031) ($39,984,430) ($39,988,831) ($4,401) (16) Benchmark (Yield) 0.24 0.23 0.21 0.20 KDOT ADB Balance as of 9/30/2015 $203,600,000 Portfolio Return Comparison 70.0% 400 60.0% 360 PORTFOLIO PERFORMANCE FYTD 50.0% 320 Portfolio Average Yield (%) 0.28 Benchmark Yield (%) 0.22 Total Return (%) -19.06 Portfolio Average Balance $76,942,485 Cash Average Balance (ADB) $316,056,131 Net Investment Income $55,208 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0% 280 240 200 160 120 80 40 0 Benchmark = Standard & Poor's LGIP Index WAM @ EOM Total Return Benchmark September 30, 2015 Pooled Money Investment Board Page 7
Health Care Stabilization Fund Investments as of September 30, 2015 Unrealized % Of Yield at Month End (%) Par Value Amortized Cost Market Value Gain/Loss WAM (Days) Portfolio Sep-15 Aug-15 Jul-15 Jun-15 Investments US Treasury Securities $0 $0 $0 $0 0 0.0% 0.00 0.00 0.00 0.00 US Govt Agency Debentures 120,677,000 123,193,612 127,295,162 4,101,551 1,229 46.6% 3.08 3.10 3.10 3.12 Corporate Bonds 135,975,000 138,350,428 141,914,482 3,564,054 1,935 52.3% 3.19 3.20 3.24 3.26 Commercial Paper 0 0 0 0 0 0.0% 0.00 0.00 0.00 0.00 Repurchase Agreements 3,100,000 3,100,000 3,100,000 0 1 1.2% 0.11 0.15 0.20 0.10 TOTAL $259,752,000 $264,644,040 $272,309,644 $7,665,604 1,584 100.0% 3.10 3.12 3.16 3.16 Prior Month's Total $261,452,000 $266,498,595 $273,178,246 $6,679,651 1,604 Total Return 0.61 0.17 0.24 (0.59) Change from Prior Month ($1,700,000) ($1,854,556) ($868,602) $985,954 (19) Benchmark (Yield) 0.92 (0.06) 0.46 (0.79) Portfolio Return Comparison 2.5% 1670 2.0% 1640 1.5% 1610 1.0% 1580 PORTFOLIO PERFORMANCE FYTD 0.5% 1550 Portfolio Average Yield (%) 3.13 0.0% 1520 Total Return (%) 1.02-0.5% 1490 Benchmark Yield (%) 1.32 Portfolio Average Balance $266,470,093 Net Investment Income $2,019,166-1.0% -1.5% -2.0% 1460 1430 1400 Benchmark = Combination of ten M/Lynch Indices WAM @EOM Total Return Benchmark September 30, 2015 Pooled Money Investment Board Page 8
FY 2015 FY 2016 FY 2016 FY 2016 YTD YTD Actual YTD Annual Budget Actual Variance Percent REVENUES Budget YTD YTD From Budget Variance MIP Fees $172,523 $1,275,000 $318,750 $360,563 $41,813 13.1% State Idle Fund Fees $407,497 $1,900,000 $474,999 $505,611 $30,612 6.4% Health Care Stabilization Fund Fees $65,893 $250,000 $62,499 $67,796 $5,297 8.5% KDOT Support Fee $0 $30,000 $0 $0 $0 0.0% Other Revenue $0 $0 $0 $0 $0 0.0% Total Revenues $645,913 $3,455,000 $856,248 $933,970 $77,722 9.1% EXPENDITURES Pooled Money Investment Board Operating Statement Fiscal Year to Date Through September 30, 2015 SGF Transfer (vs Previous FY) $595,000 $875,000 $280,000 32.0% Salaries $76,556 $327,490 $88,812 $87,018 $1,794 2.0% Employee Benefits $25,266 $102,791 $27,921 $28,512 ($591) -2.1% Communication $610 $10,991 $2,031 $1,133 $898 44.2% Printing and Advertising $0 $500 $0 $0 $0 0.0% Rents - Software/Equipment $13,371 $58,100 $21,000 $19,330 $1,670 8.0% Rents - State Building Costs $7,063 $35,820 $8,955 $8,936 $19 0.2% Repairs & Service $0 $350 $0 $0 $0 0.0% Travel $491 $5,850 $670 $324 $346 51.7% Fees - Other Services $14,692 $69,897 $17,004 $16,860 $144 0.8% Fees - Professional Services $8,883 $19,000 $0 $0 $0 0.0% Dues, Memberships, and Subscriptions $0 $250 $0 $0 $0 0.0% Office Supplies $1,301 $8,680 $2,160 $1,225 $935 43.3% Capital Outlay/Software Fees $2,551 $6,500 $2,300 $2,148 $152 6.6% Total Expenditures on Operations $150,783 $646,219 $170,853 $165,486 $5,367 3.1% Revenues Greater (Less) Than Expenditures $495,130 $2,808,781 $685,395 $768,484 $83,089 12.1% Hospitality $25 $800 $100 $26 $74 74.0% September 30, 2015 Pooled Money Investment Board Page 9
Pooled Money Investment Board Purchases/Maturities - Pooled Money Investment Portfolio For the Month of September 30, 2015 TRADE DATE SETTLEMENT PAR RATING SECURITY MATURITY PRINCIPAL COST A.I. PURCHASED TOTAL YTM WAM (DAYS) 8/28/2015 9/1/2015 50,000,000.00 A-1/P-1 Bank of Montreal CP 10/1/2015 49,994,583.33 0.00 49,994,583.33 0.132 30 8/28/2015 9/1/2015 50,000,000.00 A-1/P-1 Bank of Montreal CP 10/1/2015 49,994,583.33 0.00 49,994,583.33 0.132 30 8/28/2015 9/1/2015 50,000,000.00 A-1/P-1 BNP Paribas NY CP 10/1/2015 49,992,916.67 0.00 49,992,916.67 0.172 30 8/28/2015 9/1/2015 50,000,000.00 A-1/P-1 BNP Paribas NY CP 10/1/2015 49,992,916.67 0.00 49,992,916.67 0.172 30 9/18/2015 9/21/2015 15,000,000.00 A-1/P-1 ING Funding CP 12/4/2015 14,990,750.00 0.00 14,990,750.00 0.304 74 9/18/2015 9/21/2015 50,000,000.00 FHLB Disc. Note 12/1/2015 49,988,166.67 0.00 49,988,166.67 0.122 71 9/18/2015 9/21/2015 15,700,000.00 FHLB Disc. Note 12/1/2015 15,696,284.33 0.00 15,696,284.33 0.122 71 9/18/2015 9/21/2015 35,000,000.00 FHLB Disc. Note 12/4/2015 34,992,086.11 0.00 34,992,086.11 0.112 74 9/18/2015 9/21/2015 50,000,000.00 FNMA Disc. Note 12/1/2015 49,991,125.00 0.00 49,991,125.00 0.091 71 9/18/2015 9/21/2015 48,900,000.00 FNMA Disc. Note 12/1/2015 48,891,320.25 0.00 48,891,320.25 0.091 71 9/21/2015 9/22/2015 50,000,000.00 A-1/P-1 Caterpillar CP 12/17/2015 49,979,694.44 0.00 49,979,694.44 0.172 86 9/21/2015 9/22/2015 44,700,000.00 FMCDN Disc. Note 12/15/2015 44,686,962.50 0.00 44,686,962.50 0.127 84 9/22/2015 9/23/2015 50,000,000.00 FHLB Disc. Note 12/1/2015 49,988,500.00 0.00 49,988,500.00 0.122 69 9/22/2015 9/23/2015 50,000,000.00 FHLB Disc. Note 12/15/2015 49,984,437.50 0.00 49,984,437.50 0.137 83 9/23/2015 9/25/2015 50,000,000.00 A-1+/P-1 Microsoft CP 12/1/2015 49,984,180.56 0.00 49,984,180.56 0.172 67 9/23/2015 9/25/2015 50,000,000.00 A-1+/P-1 Microsoft CP 12/1/2015 49,984,180.56 0.00 49,984,180.56 0.172 67 9/25/2015 9/28/2015 25,000,000.00 FNMA, 0.875% 5/21/2018 24,924,000.00 77,170.14 25,001,170.14 0.992 966 9/29/2015 9/30/2015 150,000,000.00 A-1+/P-1 US Bank NA, 0.150% OCP 10/30/2015 150,000,000.00 0.00 150,000,000.00 0.150 30 884,300,000.00 884,056,687.92 77,170.14 884,133,858.06 0.167 82 MATURITIES PAR SECURITY YTM 09/01/2015 50,000,000.00 Bank of Montreal CP 0.200 09/01/2015 50,000,000.00 Bank of Montreal CP 0.200 09/01/2015 25,000,000.00 Nestle Finance Intl CP 0.110 09/01/2015 25,000,000.00 Coca-Cola Co CP 0.120 09/01/2015 50,000,000.00 ING Funding LLC CP 0.274 09/01/2015 50,000,000.00 General Electric CC CP 0.122 09/01/2015 50,000,000.00 General Electric CC CP 0.122 09/01/2015 50,000,000.00 BNP Paribas NY CP 0.243 09/01/2015 50,000,000.00 BNP Paribas NY CP 0.243 09/01/2015 50,000,000.00 Credit Suisse NY CP 0.254 09/01/2015 50,000,000.00 Credit Suisse NY CP 0.254 09/01/2015 50,000,000.00 Toronto Dominion CP 0.150 09/01/2015 50,000,000.00 Toronto Dominion CP 0.150 09/01/2015 50,000,000.00 Bank of Nova Scotia CP 0.132 09/01/2015 50,000,000.00 Bank of Nova Scotia CP 0.132 09/01/2015 50,000,000.00 Bank of Nova Scotia CP 0.132 09/01/2015 50,000,000.00 General Electric CC CP 0.090 09/11/2015 50,000,000.00 Prudential Funding CP 0.112 09/30/2015 150,000,000.00 US Bank NA, 0.150% OCP 0.150 1,000,000,000.00 0.169 September 30, 2015 Pooled Money Investment Board Page 10
Pooled Money Investment Board Purchases/Sales/Maturities - KDOT & Health Care Stabilization Fund For the Month of September 2015 KDOT TRADE DATE SETTLEMENT PAR RATING SECURITY MATURITY PRINCIPAL COST A.I. PURCHASES TOTAL YTM WAM (DAYS) No purchases for September 2015 0.00 0.00 0.00 0.00 0.000 0 MATURITIES YTM 09/24/2015 20,000,000.00 BNP Paribas NY CP 0.254 09/24/2015 20,000,000.00 Bank of Nova Scotia CP 0.244 40,000,000.00 0.249 HEALTH CARE STABILIZATION FUND TRADE DATE SETTLEMENT PAR RATING SECURITY MATURITY PRINCIPAL COST A.I. PURCHASES TOTAL YTM WAM (DAYS) No purchases for September 2015 0.00 0.00 0.00 0.00 0.000 0 MATURITIES YTM 09/11/2015 1,000,000.00 FHLB, 5.250% 4.963 09/30/2015 1,000,000.00 Merrill Lynch, 5.300% 5.411 2,000,000.00 5.187 ^^^ Sale September 30, 2015 Pooled Money Investment Board Page 11
Pooled Money Investment Board Broker / Dealer Trading Activity & Repurchase Agreements September 2015 TRADING ACTIVITY Includes PMIP, KDOT & HCSF Purchases July 2015 August 2015 September 2015 Total FYTD FYTD Broker / Dealer Par Value Par Value Par Value Par Value Percentage U.S. Bank 150,000,000 150,000,000 150,000,000 450,000,000 20.07 JP Morgan Chase & Co. 100,000,000 0 160,400,000 260,400,000 11.62 Wells Fargo Securities, LLC 28,500,000 0 200,000,000 228,500,000 10.19 Bank of Montreal 0 75,000,000 125,000,000 200,000,000 8.92 Bank of Nova Scotia (New York) 150,000,000 0 0 150,000,000 6.69 BNP Paribas (New York) 50,000,000 0 100,000,000 150,000,000 6.69 Exxon Mobil Corp. 25,000,000 125,000,000 0 150,000,000 6.69 Toyota Motor Credit Corp. 150,000,000 0 0 150,000,000 6.69 UBS Securities, LLC 0 0 133,900,000 133,900,000 5.97 Banc of America Securities 1,950,000 100,000,000 15,000,000 116,950,000 5.22 Prudential Funding 100,000,000 0 0 100,000,000 4.46 Credit Suisse 0 50,000,000 0 50,000,000 2.23 GE 0 50,000,000 0 50,000,000 2.23 TD Securities (USA), LLC 0 50,000,000 0 50,000,000 2.23 Goldman Sachs & Co. 1,900,000 0 0 1,900,000 0.08 Chevron Corp. 0 0 0 0 0.00 CitiGroup Global Markets, Inc. 0 0 0 0 0.00 Deutsche Bank Securities 0 0 0 0 0.00 HSBC Finance Corp. 0 0 0 0 0.00 Rabobank USA Finance Corp. 0 0 0 0 0.00 757,350,000 600,000,000 884,300,000 2,241,650,000 100.00 REPURCHASE AGREEMENTS - For the Month of September 2015 PMIP Only Bloomberg Broker / Dealer Total Amount Average Rate Average Rate Percentage UBS Securities 10,986,900,000 0.10 97.3 Bank of Nova Scotia 247,900,000 0.08 2.2 Bank of Montreal 32,000,000 0.07 0.3 Deutsche Bank Securities 24,000,000 0.05 0.2 11,290,800,000 0.10 0.16 100.0 September 30, 2015 Pooled Money Investment Board Page 12