Stephen F. Austin State University
Inventory of Fixed Securites
Bonds
May 31, 2008
Beginning Period* Ending Period
Maturity Coupon/ Face 3/4/2008 3/4/2008 5/31/2008 5/31/2008 Market Value Current Accrued
Security Date Yield to Maturity Amount Book Value Market Value Book Value Market Value Change Yield Interest
U.S. Treasury Bill 4/3/2008 21.01% $1,400,000 $1,397,855 $1,397,855 $0 $0 ($1,397,855)
US Treasury Bill 4/24/2008 1.81% 1,400,000 1,396,612 1,396,612 0 0 (1,396,612)
U.S. Treasury Bill 6/5/2008 1.60% 1,373,000 1,367,551 1,367,551 1,367,551 1,372,794 5,243 0.80%
US Treasury Bill 8/7/2008 1.53% 1,373,000 1,364,419 1,364,419 1,364,419 1,368,249 3,831 1.30%
FNMA Disc Note 10/2/2008 2.00% 1,373,000 1,357,680 1,357,680 1,357,680 1,362,703 5,023 2.00%
Treasury Obligation Funds 47,276 31,350 31,350 47,276 47,276 15,926 1.90%             75
Treasury Obligation Funds 600,129 2,244,746 2,244,746 600,129 600,129 (1,644,617) 1.90%        1,185
FHLB 3/13/2009 4.75% 1,320,000 1,353,198 1,353,198 1,353,198 1,341,450 (11,748) 4.70%      13,585
FHLB Disc Nt 9/3/2008 2.05% 1,373,000 1,359,499 1,359,499 1,359,499 1,365,311 5,812 1.00%
FHLMC  DN 12/31/2008 2.08% 1,373,000 1,349,811 1,349,811 1,349,811 1,354,602 4,791 1.70%
FHLMC  DN 2/2/2009 2.16% 1,373,000 1,346,377 1,346,377 1,346,377 1,351,169 4,793 2.00%
FHLMC  DN 3/2/2009 2.11% 1,373,000 1,344,697 1,344,697 1,344,697 1,348,286 3,589 2.10%
FBNA Disc Nt  11/28/2008 2.10% 1,473,000 1,451,214 1,451,214 1,451,214 1,456,650 5,435 1.50%
$15,851,405 $17,365,008 $17,365,008 $12,941,850 $12,968,619 ($4,396,390)  $ 14,845
* Bond Proceeds transferred to Bancorp South on March 4, 2008
Weighted Average years to Maturity              0.45
Weighted average yield 1.89%