Stephen F. Austin State University
Inventory of Fixed Securites
Bonds
February 28, 2009
								Beginning Period				Ending Period
		Maturity		Coupon/		Face		12/1/2009		12/1/2009		2/28/2009		2/28/2009		Market Value		Current		Accrued
Security		Date		Yield to Maturity		Amount		Book Value		Market Value		Book Value		Market Value		Change		Yield		Interest
ECRC
FHLB		3/13/2009		4.75%		1,320,000		1,336,782		1,334,441		1,336,782		1,321,650		(12,791)		0.38%		28,738
FHLMC  DN		12/31/2008		2.08%		1,373,000		1,349,811		1,372,863						(1,372,863)
FHLMC  DN		2/2/2009		2.16%		1,373,000		1,346,377		1,371,902						(1,371,902)
FHLMC  DN		3/2/2009		2.11%		1,373,000		1,344,697		1,370,254		1,344,697		1,373,000		2,746		0.15%
						$  5,439,000		$   5,377,667		$    5,449,459		$       2,681,479		$       2,694,650		$    (2,754,809)				$        28,738
Weighted average years to Maturity				0.02
Weighted average yield on face amount				0.20%
								Beginning Period				Ending Period
		Maturity		Coupon/		Face		12/1/2009		12/1/2009		2/28/2009		2/28/2009		Market Value		Current		Accrued
Security		Date		Yield to Maturity		Amount		Book Value		Market Value		Book Value		Market Value		Change		Yield		Interest
Nursing
US T-Bill		4/30/2009				1,042,000						1,041,337		1,041,667		1,041,667		0.28%
Federal Farm Cr Bank		10/23/2009		5.00%		1,122,000						1,157,074		1,151,105		1,151,105		4.87%		19,479
Federal Home Loan Mtg Corp Disc  Note		9/30/2009		Zero Coupon		1,072,000						1,067,924		1,068,248		1,068,248
Federal National Mtg Assn		4/1/2009		Zero Coupon		792,000						791,673		791,842		791,842
Federal National Mtg Assn		6/30/2009		Zero Coupon		1,052,000						1,050,305		1,050,843		1,050,843
Federal National Mtg Assn		12/31/2009		Zero Coupon		582,000						577,652		578,042		578,042
Federal National Mtg Assn		7/13/2009		5.125%		1,080,000						1,101,125		1,097,885		1,097,885		5.04%		6,919
US Treasury		5/31/2009		4.875%		1,262,000						1,279,944		1,276,198		1,276,198		4.82%		15,212
US Treasury		8/31/2009		4.000%		1,072,000						1,093,021		1,090,095		1,090,095		3.93%
US Treasury		11/30/2009		3.125%		1,722,000						1,758,323		1,752,875		1,752,875		3.07%		13,305
Berkshire Hathaway Corp Bonds		1/15/2010		4.13%		372,000						381,482		378,633		378,633		4.05%		1,833
						$11,170,000		$                -		$                 -		$     11,299,860		$     11,277,432		$    11,277,432				$        56,748
Weighted average years to maturity				0.48
Weighted average yield on face amount				3.69%
								Beginning Period				Ending Period
		Maturity		Coupon/		Face		12/1/2009		12/1/2009		2/28/2009		2/28/2009		Market Value		Current		Accrued
Security		Date		Yield to Maturity		Amount		Book Value		Market Value		Book Value		Market Value		Change		Yield		Interest
Deferred Maintenance																-
US T-Bill		4/30/2009				500,000						499,682		499,840		499,840		0.28%
Federal Home Loan Mtg Corp		3/1/2010		4.375%		100,000						103,740		102,993		102,993		4.25%		2,151
Federal Farm Cr Bank		10/23/2009		5.00%		790,000						814,695		810,493		810,493		4.87%		13,715
Federal Home Loan Mtg Corp Disc  Note		9/30/2009		Zero Coupon		340,000						338,707		338,810		338,810
Federal Home Loan BK		3/17/2010		4.375%		50,000						51,862		51,625		51,625		4.24%		978
Federal Home Loan BK		4/30/2010		2.375%		325,000						330,509		328,962		328,962		2.35%		2,530
Federal National Mtg Assn		4/1/2009		Zero Coupon		225,000						224,907		224,955		224,955
Federal National Mtg Assn		6/30/2009		Zero Coupon		2,340,000						2,336,230		2,337,426		2,337,426
Federal National Mtg Assn		12/31/2009		Zero Coupon		500,000						496,264		496,600		496,600
Federal National Mtg Assn		7/13/2009		5.125%		1,620,000						1,651,687		1,646,827		1,646,827		5.04%		10,378
Federal National Mtg Assn		5/20/2010		2.375%		25,000						25,411		25,305		25,305		2.35%		162
US Treasury		5/31/2009		4.875%		1,275,000						1,293,129		1,289,344		1,289,344		4.82%		15,368
US Treasury		8/31/2009		4.000%		790,000						805,491		803,335		803,335		3.93%
US Treasury		11/30/2009		3.125%		380,000						388,016		386,813		386,813		3.07%		2,936
Berkshire Hathaway Corp Bonds		1/15/2010		4.13%		418,000						428,654		425,453		425,453		4.05%		2,060
																-
						$  9,678,000		$                -		$                 -		$       9,788,986		$       9,768,781		$     9,768,781				$        50,278
Weighted average years to maturity				0.44
Weighted average yield on face amount				4.18%