Stephen F. Austin State University
Inventory of Fixed Securites
Quasi Endowment
February 28, 2003
Beginning Period Ending Period
Maturity Face 12/1/2002 12/1/2002 2/28/2003 2/28/2003 Current Accrued
Security Date Coupon Amount Book Value Market Value Book Value Market Value Change Yield Interest
U.S. Treasury Note 2/15/2003 6.25% 200,000 201,672 202,000   (202,000) 5.70%
U.S. Treasury Note 4/30/2003 5.75% 131,000 203,476 203,688 131,932   131,941 (71,747) 5.70% 2,497
U.S. Treasury Note 8/15/2003 5.75% 254,000 258,975 261,698 257,209 259,240 (2,458) 5.63% 524
U.S. Treasury Note 2/15/2004 5.88% 250,000 257,212 262,735 255,702 261,095 (1,640) 5.62% 527
Fed. Natl Mortgage 3/15/2004 4.75% 125,000 128,461 129,726 128,461 129,453 (273) 4.58% 2,688
Fed. Natl Mortgage 5/14/2004 5.63% 375,000 393,196 394,571 393,197 393,866 (705) 5.35% 6,035
U.S. Treasury Note 5/31/2004 3.25% 1,000,000 1,009,334 1,021,250 1,007,783 1,024,380 3,130 3.17% 8,036
U.S. Treasury Note 8/15/2004 6.00% 200,000 207,275 213,688 206,193 213,500 (188) 5.62% 431
Fed. Natl Mortgage 3/15/2005 3.88% 600,000 620,736 620,064 620,736 627,186 7,122 3.70% 10,527
Fed. Natl Mortgage 3/15/2005 3.88% 360,000 374,849 376,311 376,311 3.70% 6,316
U.S. Treasury Note 5/15/2007 4.38% 100,000 105,188 105,095 104,889 107,783 2,688 4.05% 1,269
3,385,525 3,414,515 3,480,951 3,524,755 110,240 38,850
Weighted Average Years to Maturity 1.34
Weighted Average Yield 5.02%