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Home Loan Mortgage Corporation participation certificates <br />Portfolio Composition <br />A maximum of 100% of available funds may be invested in United States <br />Government agencies. <br />Limits on Individual Issuers <br />A maximum of 100% of available funds may be invested in individual United <br />States Government agencies. <br />Maturity Limitations <br />The maximum length to maturity for an investment in any United States Government <br />agency security is ten (10) years from the date of purchase. <br />C. Interest Bearing Time Deposit or Savings Account <br />Non-negotiable interest-bearing time certificates of deposit or savings accounts <br />in banks organized under the laws of Florida or the United States provided that <br />such deposits are secured by collateral as prescribed by the Florida Security for <br />Public Deposits Act, Chapter 280, Florida Statutes. <br />Portfolio Composition <br />A maximum of 100% of available funds may be invested in non-negotiable <br />interestpbearing time certificates of deposit. <br />Limits on Individual Issuers <br />A maximum of 50% of available funds may be deposited with any one (1) issuer. <br />Limits on Maturities <br />The maximum maturity on any certificate shall be no greater than ten (10) years <br />from the date of purchase. <br />D. The Florida Local Government Surplus Funds Trust <br />Fund (State Board of Administration - SBA) <br />Portfolio Composition <br />A maximum of 50% of available funds may be invested in the SBA. <br />E. Intergovernmental Investment Pools <br />Investment Authorization <br />Intergovernmental investment pools that are authorized pursuant to the Florida <br />Interlocal Cooperation Act, as provided in Section 163.01, Florida Statutes and <br />provided that said funds contain no derivatives. <br />Portfolio Composition <br />A maximum of 50% of available funds may be invested in intergovernmental <br />investment pools. <br />455 <br />