Stephen F. Austin State University
Inventory of Fixed Securites
Bonds
August 31, 2008
								Beginning Period*				Ending Period
		Maturity		Coupon/		Face		6/1/2008		6/1/2008		8/31/2008		8/31/2008		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		6/5/2008		1.60%		1,373,000		1,367,551		1,372,794		-		-		(1,372,794)
US Treasury Bill		8/7/2008		1.53%		1,373,000		1,364,419		1,368,249		-		-		(1,368,249)
FNMA Disc Note		10/2/2008		2.00%		1,373,000		1,357,680		1,362,703		1,357,680		1,370,254		7,552		2.94%
Treasury Obligation Funds						78,163		47,276		47,276		78,163		78,163		30,887		1.86%		120
Treasury Obligation Funds						1,359,060		600,129		600,129		1,359,060		1,359,060		758,931		1.86%		1,956
FHLB		3/13/2009		4.75%		1,320,000		1,353,198		1,341,450		1,353,198		1,333,200		(8,250)		2.79%		29,260
FHLB Disc Nt		9/3/2008		2.05%		1,373,000		1,359,499		1,365,311		1,359,499		1,372,863		7,552		2.03%
FHLMC  DN		12/31/2008		2.08%		1,373,000		1,349,811		1,354,602		1,349,811		1,360,918		6,316		2.64%
FHLMC  DN		2/2/2009		2.16%		1,373,000		1,346,377		1,351,169		1,346,377		1,356,799		5,629		2.89%
FHLMC  DN		3/2/2009		2.11%		1,373,000		1,344,697		1,348,286		1,344,697		1,353,641		5,355		2.90%
FBNA Disc Nt		11/28/2008		2.10%		1,473,000		1,451,214		1,456,650		1,451,214		1,464,162		7,512		2.66%
						$13,841,223		$  12,941,850		$12,968,619		$ 10,999,698		$     11,049,058		$    (1,919,561)				$ 31,336
Weighted Average years to Maturity				0.30
Weighted average yield				2.06%