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CITY OF LINO LAKES, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2008 <br />Note 2 DEPOSITS AND INVESTMENTS (CONTINUED) <br />Concentration of Credit Risk <br />The City places no limit on the amount that it may invest in any one issuer. The following is a list of <br />investments which individually comprise more than 5% of the City's total investments: <br />Type Amount Percentage <br />Federal Home Loan Bank $ 630,478 9.03% <br />Federal Home Loan Mortgage Corporation 1,226,170 17.56% <br />Federal National Mortgage Association 606,621 8.69% <br />American General Financial Commercial Paper 1,232,527 17.65% <br />American Express Funding Commercial Paper 982,218 14.07% <br />Commoloco Commercial Paper 1,399,914 20.05% <br />45 <br />