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Indian River County, Florida Notes To Financial Statements Year Ended September 30, 2015 NOTE 4 - CASH AND CASH EQUIVALENTS - Continued C. Investments - Continued As of September 30, 2015, the County had the following investments: Weighted Average Maturity Portfolio Credit Investment Type Fair Value In Years Percentage Risks* Fixed Rate Debt Instruments: U.S. Treasuries $ 100,045,921 0.89 34.62% N/A U.S. Agencies:*** Federal Farm Credit Bureau 19,999,962 0.81 6.92 AA+ Federal Home Loan Bank 20,521,606 1.41 7.10 AA+ Federal Home Loan Mortgage 40,960,658 1.02 14.17 AA+ Federal National Mortgage Assoc. 5,995,309 0.39 2.07 AA+ Other Fixed Rate Instruments: Certificate of Deposit-Oculina Bank 1,003,428 1.61 0.35 N/A Certificate of Deposit-TD Bank 6,021,585 1.60 2.08 N/A Certificate of Deposit-National Bank of Commerce 6,014,005 0.61 2.08 N/A Certificate of Deposit-Harbor Community 253,287 0.80 0.09 N/A Certificate of Deposit-Harbor Community 258,040 0.32 0.09 N/A Certificate of Deposit-Harbor Community 3,042,693 0.35 1.05 N/A Other Market Rate Investments: Florida PRIME (Formerly Fund A) 1,018 0.08 - AAAm Florida Local Government AAAf and Investment Trust Fund 11,984,722 0.08 4.15 S-1** Florida Trust Day to Day Fund 25,326 0.08 0.01 AAAm Regions Bank Money Market 21,1.44,688 0.08 7.32 N/A TD Bank Money Market 20,079,162 0.08 6.95 N/A Harbor Community Bank Money Market 1,658,055 0.08 0.57 N/A Florida Community Bank Money Market 1,508,521 0.08 0.52 N/A BankUnited Money Market 24,376,193 0.08 8.43 N/A W&S Sinking Fund Reserve:----- U.S. eserve:U.S. Treasuries 4,1.04,192 1.24 1.43 N/A Total Fair Value $ 288,998,371 100% Weighted Average Maturity of Investments 0.71 * Ratings based upon Standard and Poor's ** AAAf credit quality, S-] .Market Volatility *** The weighted calculation considers the investments are carried until full maturity (i.e. call dates are not considered). 68