S T A T E   O F   A R I Z O N A                  

S T A T E   T R E A S U R E R ' S   O F F I C E          

                                                                       

W A T E R M A R K   I N V E N T O R Y                 

                                                                                                                                              

INVESTMENTS OUTSTANDING AS OF 2/29/08  (SETTLEMENT BASIS)                            

*** CARRY-BASIS IS BOOK-VALUE AMORTIZED THROUGH 2/29/08 ***

*** LGIP (5) ***

 

==============================================================================================================================================

 Pos#   Sec-Id     Description      RATE  Maturity  YIELD MOO  S&P  POSITION-SIZE  #   PRICE   $  CARRY-BASIS    MARKET-VALUE  * $-ABOVE/BELOW

------ -------- ------------------ ------ -------- ------ ---- ---- -------------- - --------- - -------------- -------------- - -------------

 

                                                 AGENCY MTN (30/360) 2X    (  21)

                                                 --------------------------------

 60306 3128X1CD FHLMC               3.500  5/21/08  4.330 Aaa  AAA   25,000,000.00   100.15100 2  24,954,583.82  25,037,750.00       83,166.18

 60103 3133XN3J FHLB                4.350  5/19/08  4.350 Aaa  AAA    9,000,000.00   100.31250 2   9,000,000.00   9,028,125.00       28,125.00

                                                   ======           --------------               -------------- --------------   -------------

                                                    4.335            34,000,000.00                33,954,583.82  34,065,875.00      111,291.18

 

    2 ITEMS IN SUBTOTAL FOR:  AGENCY MTN (30/360) 2X           (TYPE   21)

 

 

                                                 AGENCY NOTES (30/360) 2X  (  23)

                                                 --------------------------------

 59838 3128X1JB FHLMC               2.850  6/03/08  4.729 Aaa  AAA    4,500,000.00   100.01500 2   4,478,813.91   4,500,675.00       21,861.09

 61127 3133XBJQ FHLB                4.125  4/18/08  2.935 Aaa  AAA    6,000,000.00   100.15625 2   6,009,174.86   6,009,375.00          200.14

 58017 3133XKP8 FHLB                4.875 11/19/08  5.023 Aaa  AAA   25,000,000.00   101.68750 2  24,974,663.94  25,421,875.00      447,211.06

 58040 31359M5T FNMA                5.125  9/02/08  5.117 Aaa  AAA   15,000,000.00   101.25000 2  15,000,116.35  15,187,500.00      187,383.65

 54996 31359MF3 FNMA                5.000  7/25/08  5.220 Aaa  AAA   15,000,000.00   100.87500 2  14,987,348.09  15,131,250.00      143,901.91

 55022 31359MX4 FNMA                5.000  9/15/08  5.047 Aaa  AAA   10,000,000.00   101.46875 2   9,997,616.42  10,146,875.00      149,258.58

 58067 3136F3CT FNMA                3.250  3/17/08  5.230 Aaa  AAA    2,000,000.00   100.03125 2   1,998,322.87   2,000,625.00        2,302.13

                                                   ======           --------------               -------------- --------------   -------------

                                                    4.909            77,500,000.00                77,446,056.44  78,398,175.00      952,118.56

 

    7 ITEMS IN SUBTOTAL FOR:  AGENCY NOTES (30/360) 2X         (TYPE   23)

 

 

                                                 AGENCY NOTES (30/360) @ M (  28)

                                                 --------------------------------

 60215 3133XNEU FHLB                4.450  3/26/08  4.450 Aaa  AAA   41,000,000.00   100.06250 2  41,000,000.00  41,025,625.00       25,625.00

                                                   ======           --------------               -------------- --------------   -------------

                                                    4.450            41,000,000.00                41,000,000.00  41,025,625.00       25,625.00

 

    1 ITEM IN SUBTOTAL FOR:   AGENCY NOTES (30/360) @ MATURITY (TYPE   28)

 

 

                                                 AGENCY NOTE-VAR (ACT/360) (  30)

                                                 --------------------------------

 59303 3128X5Y6 FHLMC FLOATING QRT  4.670  9/30/08  4.700 Aaa  AAA   10,000,000.00   100.11100 2   9,996,731.19  10,011,100.00       14,368.81

                                                                                                                    

                                                                                                                                             

S T A T E   O F   A R I Z O N A                  

S T A T E   T R E A S U R E R ' S   O F F I C E          

                                                                       

W A T E R M A R K   I N V E N T O R Y                 

                                                                                                                                              

INVESTMENTS OUTSTANDING AS OF 2/29/08  (SETTLEMENT BASIS)                            

*** CARRY-BASIS IS BOOK-VALUE AMORTIZED THROUGH 2/29/08 ***

*** LGIP (5) ***

 

==============================================================================================================================================

 Pos#   Sec-Id     Description      RATE  Maturity  YIELD MOO  S&P  POSITION-SIZE  #   PRICE   $  CARRY-BASIS    MARKET-VALUE  * $-ABOVE/BELOW

------ -------- ------------------ ------ -------- ------ ---- ---- -------------- - --------- - -------------- -------------- - -------------

 59322 3128X5Y6 FHLMC FLOATING QRT  4.670  9/30/08  4.699 Aaa  AAA   10,000,000.00   100.11100 2   9,996,778.38  10,011,100.00       14,321.62

 59471 31331X3P FFCB FLOATING QRTL  4.290  3/17/09  4.280 Aaa  AAA   25,000,000.00    99.98900 2  25,000,000.00  24,997,250.00       -2,750.00

 59298 3133XK7D FHLB FLOATING QRTL  4.841  9/17/08  4.862 Aaa  AAA   20,000,000.00   100.08100 2  19,995,099.75  20,016,200.00       21,100.25

 60140 3133XL6T FHLB FLOATING QRTL  4.831 12/15/08  4.704 Aaa  AAA   20,000,000.00   100.06100 2  20,017,413.73  20,012,200.00       -5,213.73

 59314 3133XLMS FHLB FLOATING QRTL  4.476  1/05/09  4.520 Aaa  AAA   20,000,000.00   100.14000 2  19,988,859.96  20,028,000.00       39,140.04

 59416 3133XLMS FHLB FLOATING QRTL  4.476  1/05/09  4.525 Aaa  AAA   15,000,000.00   100.14000 2  14,992,377.05  15,021,000.00       28,622.95

 59113 3133XLX9 FHLB FLOATING QRTL  2.976  2/11/09  2.976 Aaa  AAA   20,000,000.00   100.00400 2  20,000,000.00  20,000,800.00          800.00

 59658 3133XLX9 FHLB FLOATING QRTL  2.976  2/11/09  2.913 Aaa  AAA   29,000,000.00   100.00400 2  29,017,005.07  29,001,160.00      -15,845.07

 59960 3133XMW3 FHLB FLOATING QRTL  2.890  5/13/09  2.890 Aaa  AAA   20,000,000.00    99.95400 2  20,000,000.00  19,990,800.00       -9,200.00

 60141 3133XNCD FHLB FLOATING QRTL  2.860  5/20/09  2.860 Aaa  AAA   20,000,000.00    99.94100 2  20,000,000.00  19,988,200.00      -11,800.00

 60146 3133XNDG FHLB FLOATING QRTL  2.890 11/20/09  2.890 Aaa  AAA   15,000,000.00    99.90100 2  15,000,000.00  14,985,150.00      -14,850.00

 60481 3133XNFK FHLB FLOATING QRTL  2.850 11/26/08  2.824 Aaa  AAA   25,000,000.00    99.95313 2  25,004,796.06  24,988,282.50      -16,513.56

 60609 3133XNKR FHLB FLOATING QRTL  4.896 12/04/08  4.835 Aaa  AAA   20,000,000.00    99.94410 2  20,006,472.84  19,988,820.00      -17,652.84

 60498 3133XNUM FHLB FLOATIMG QRTL  4.674 12/24/08  4.661 Aaa  AAA   25,000,000.00    99.93300 2  25,000,000.00  24,983,250.00      -16,750.00

 60610 3133XNW4 FHLB FLOATING QRTL  4.511  7/07/09  4.493 Aaa  AAA   25,000,000.00   100.03300 2  25,000,000.00  25,008,250.00        8,250.00

 61298 3133XPAX FHLB FLOATING QRTL  3.161  1/23/09  3.158 Aaa  AAA   15,000,000.00    99.93120 2  14,998,959.52  14,989,680.00       -9,279.52

 61299 3133XPJH FHLB FLOATING QRTL  2.955  8/05/09  2.985 Aaa  AAA   15,000,000.00    99.93200 2  14,993,565.98  14,989,800.00       -3,765.98

                                                   ======           --------------               -------------- --------------   -------------

                                                    3.843           349,000,000.00               349,008,059.53 349,011,042.50        2,982.97

 

   18 ITEMS IN SUBTOTAL FOR:  AGENCY NOTE-VAR (ACT/360) 4X     (TYPE   30)

 

 

                                                 AGENCY DISCOUNT NOTES     (  35)

                                                 --------------------------------

 61333 313312TX FFCB DISCOUNT       2.520  3/05/08  2.521 P-1  A-1+  50,000,000.00    99.97200 2  49,986,000.00  49,986,000.00               

 61282 313384TW FHLB DISCOUNT       2.700  3/04/08  2.701 P-1  A-1+  50,000,000.00    99.97750 2  49,988,750.00  49,988,750.00               

 61285 313384TW FHLB DISCOUNT       2.700  3/04/08  2.701 P-1  A-1+  50,000,000.00    99.97750 2  49,988,750.00  49,988,750.00               

 61067 313384TX FHLB DISCOUNT       2.715  3/05/08  2.721 P-1  A-1+  50,000,000.00    99.96944 2  49,984,916.67  49,984,722.00         -194.67

 61306 313384TX FHLB DISCOUNT       2.550  3/05/08  2.551 P-1  A-1+  18,933,000.00    99.96944 2  18,927,635.65  18,927,214.83         -420.82

 61281 313384TY FHLB DISCOUNT       2.700  3/06/08  2.702 P-1  A-1+  25,000,000.00    99.96667 2  24,990,625.00  24,991,666.75        1,041.75

 61331 313384TY FHLB DISCOUNT       2.550  3/06/08  2.551 P-1  A-1+  50,000,000.00    99.96667 2  49,982,291.66  49,983,333.50        1,041.84

 61069 313384TZ FHLB DISCOUNT       2.700  3/07/08  2.706 P-1  A-1+  19,246,000.00    99.95517 2  19,237,339.30  19,237,371.44           32.14

 61328 313384UC FHLB DISCOUNT       2.780  3/10/08  2.782 P-1  A-1+  10,000,000.00    99.93050 2   9,993,050.00   9,993,050.00               

 61144 313384UD FHLB DISCOUNT       2.740  3/11/08  2.746 P-1  A-1+  32,759,000.00    99.92500 2  32,734,066.76  32,734,430.75          363.99

 61145 313384UD FHLB DISCOUNT       2.740  3/11/08  2.746 P-1  A-1+  50,000,000.00    99.92500 2  49,961,944.44  49,962,500.00          555.56

 61305 313384UD FHLB DISCOUNT       2.700  3/11/08  2.703 P-1  A-1+  50,000,000.00    99.92500 2  49,962,500.00  49,962,500.00                

 61246 313384UE FHLB DISCOUNT       2.875  3/12/08  2.879 P-1  A-1+  50,000,000.00    99.91215 2  49,956,076.39  49,956,076.50               

                                                                                                                     

                                                                                                                                             

S T A T E   O F   A R I Z O N A                  

S T A T E   T R E A S U R E R ' S   O F F I C E          

                                                                      

W A T E R M A R K   I N V E N T O R Y                 

                                                                                                                                              

INVESTMENTS OUTSTANDING AS OF 2/29/08  (SETTLEMENT BASIS)                            

*** CARRY-BASIS IS BOOK-VALUE AMORTIZED THROUGH 2/29/08 ***

*** LGIP (5) ***

 

==============================================================================================================================================

 Pos#   Sec-Id     Description      RATE  Maturity  YIELD MOO  S&P  POSITION-SIZE  #   PRICE   $  CARRY-BASIS    MARKET-VALUE  * $-ABOVE/BELOW

------ -------- ------------------ ------ -------- ------ ---- ---- -------------- - --------- - -------------- -------------- - -------------

 61200 313384UG FHLB DISCOUNT       2.820  3/14/08  2.825 P-1  A-1+  25,000,000.00    99.90431 2  24,974,541.67  24,976,076.50        1,534.83

 61286 313384UG FHLB DISCOUNT       2.750  3/14/08  2.754 P-1  A-1+  40,000,000.00    99.90431 2  39,960,277.78  39,961,722.40        1,444.62

 61253 313384UM FHLB DISCOUNT       2.850  3/19/08  2.856 P-1  A-1+  50,000,000.00    99.86500 2  49,928,750.00  49,932,500.00        3,750.00

 61262 313384UM FHLB DISCOUNT       2.880  3/19/08  2.885 P-1  A-1+  50,000,000.00    99.86500 2  49,928,000.00  49,932,500.00        4,500.00

 61329 313384UM FHLB DISCOUNT       2.700  3/19/08  2.704 P-1  A-1+  21,050,000.00    99.86500 2  21,021,582.50  21,021,582.50               

 61330 313384UM FHLB DISCOUNT       2.700  3/19/08  2.704 P-1  A-1+  50,000,000.00    99.86500 2  49,932,500.00  49,932,500.00               

 60494 313384US FHLB DISCOUNT       4.260  3/24/08  4.308 P-1  A-1+  10,000,000.00    99.81600 2   9,972,783.33   9,981,600.00        8,816.67

 60495 313384US FHLB DISCOUNT       4.250  3/24/08  4.298 P-1  A-1+  50,000,000.00    99.81600 2  49,864,236.11  49,908,000.00       43,763.89

 61252 313384US FHLB DISCOUNT       2.881  3/24/08  2.888 P-1  A-1+  50,000,000.00    99.81600 2  49,907,968.05  49,908,000.00           31.95

 61303 313384UU FHLB DISCOUNT       2.885  3/26/08  2.891 P-1  A-1+  25,000,000.00    99.79965 2  24,949,913.20  24,949,913.25               

 61332 313384VH FHLB DISCOUNT       2.710  4/08/08  2.718 P-1  A-1+  32,830,000.00    99.71394 2  32,736,087.96  32,736,087.82               

 61048 313384WA FHLB DISCOUNT       2.680  4/25/08  2.696 P-1  A-1+  10,000,000.00    99.59056 2   9,959,055.55   9,959,055.60               

 60882 313384WP FHLB DISCOUNT       2.650  5/08/08  2.671 P-1  A-1+   8,251,000.00    99.49944 2   8,209,699.16   8,209,699.12               

 61247 313384WX FHLB DISCOUNT       2.710  5/16/08  2.727 P-1  A-1+  16,000,000.00    99.42789 2  15,908,462.23  15,908,462.24               

 61245 313384XE FHLB DISCOUNT       2.711  5/23/08  2.730 P-1  A-1+  25,000,000.00    99.37496 2  24,843,740.96  24,843,741.00               

 60496 313384YJ FHLB DISCOUNT       4.125  6/20/08  4.213 P-1  A-1+  48,279,000.00    99.26000 2  47,664,951.47  47,921,735.40      256,783.93

 61325 313396TW FHLMC DISCOUNT      2.670  3/04/08  2.671 P-1  A-1+  50,000,000.00    99.97775 2  49,988,875.00  49,988,875.00               

 61326 313396TW FHLMC DISCOUNT      2.670  3/04/08  2.671 P-1  A-1+  39,451,000.00    99.97775 2  39,442,222.16  39,442,222.15               

 60416 313396UC FHLMC DISCOUNT      4.100  3/10/08  4.142 P-1  A-1+  45,000,000.00    99.89750 2  44,953,875.00  44,953,875.00               

 60630 313396UE FHLMC DISCOUNT      4.070  3/12/08  4.102 P-1  A-1+  50,000,000.00    99.87564 2  49,937,819.44  49,937,819.50               

 60578 313396UK FHLMC DISCOUNT      4.120  3/17/08  4.157 P-1  A-1+  30,000,000.00    99.81689 2  29,945,066.67  29,945,066.70               

 61327 313396UU FHLMC DISCOUNT      2.750  3/26/08  2.756 P-1  A-1+  50,000,000.00    99.80903 2  49,904,513.89  49,904,514.00                

 61117 313396VD FHLMC DISCOUNT      2.690  4/04/08  2.701 P-1  A-1+  25,000,000.00    99.74594 2  24,936,486.11  24,936,486.00               

 60861 313396VW FHLMC DISCOUNT      2.900  4/21/08  2.921 P-1  A-1+  25,000,000.00    99.58917 2  24,897,291.67  24,897,291.75               

 61050 313396WD FHLMC DISCOUNT      2.680  4/28/08  2.697 P-1  A-1+  50,000,000.00    99.56822 2  49,784,111.11  49,784,111.00               

 58314 313396WF FHLMC DISCOUNT      5.030  4/30/08  5.274 P-1  A-1+  40,000,000.00    99.16167 2  39,664,666.67  39,664,666.80               

 61033 313396WL FHLMC DISCOUNT      2.690  5/05/08  2.708 P-1  A-1+  10,000,000.00    99.51431 2   9,951,430.56   9,951,430.60               

 61283 313396XJ FHLMC DISCOUNT      2.710  5/27/08  2.729 P-1  A-1+  50,000,000.00    99.34508 2  49,672,541.67  49,672,541.50               

 60375 313588VA FNMA DISCOUNT       4.110  4/01/08  4.166 P-1  A-1+  75,000,000.00    99.64608 2  74,734,562.50  74,734,562.25               

 61047 313588VB FNMA DISCOUNT       2.700  4/02/08  2.712 P-1  A-1+  33,000,000.00    99.76000 2  32,920,800.00  32,920,800.00               

 60987 313588VW FNMA DISCOUNT       2.850  4/21/08  2.869 P-1  A-1+   5,000,000.00    99.59625 2   4,979,812.50   4,979,812.50                

 60875 313588VY FNMA DISCOUNT       2.810  4/23/08  2.830 P-1  A-1+  25,000,000.00    99.58631 2  24,896,576.39  24,896,576.50               

 61280 313588XC FNMA DISCOUNT       2.720  5/21/08  2.738 P-1  A-1+  25,000,000.00    99.38800 2  24,847,000.00  24,847,000.00               

 60311 313588YQ FNMA DISCOUNT       3.990  6/26/08  4.085 P-1  A-1+  25,000,000.00    99.22000 2  24,675,812.50  24,805,000.00      129,187.50

                                                   ======           --------------               -------------- --------------   -------------

                                                    3.083            1669799000.00                1665589959.68  1666042192.85      452,233.18

 

   47 ITEMS IN SUBTOTAL FOR:  AGENCY DISCOUNT NOTES            (TYPE   35)

 

                                                                                                                    

                                                                                                                                             

S T A T E   O F   A R I Z O N A                  

S T A T E   T R E A S U R E R ' S   O F F I C E          

                                                                       

W A T E R M A R K   I N V E N T O R Y                 

                                                                                                                                              

INVESTMENTS OUTSTANDING AS OF 2/29/08  (SETTLEMENT BASIS)                            

*** CARRY-BASIS IS BOOK-VALUE AMORTIZED THROUGH 2/29/08 ***

*** LGIP (5) ***

 

==============================================================================================================================================

 Pos#   Sec-Id     Description      RATE  Maturity  YIELD MOO  S&P  POSITION-SIZE  #   PRICE   $  CARRY-BASIS