SUBJECT: Depository Security Transactions

DESCRIPTION: Following is a list of the depository security transactions that have occurred.

With Kaw Valley State Bank

Released 12-7-98

3134A1Q60

7.10 MCDB 98-07 E

Maturity 12-7-98

$250,000

With Mercantile Bank

Added 11-13-98

31364GFY0

5.30 FNNT A 00-03

Maturity 11-13-03

$2,000,000

FINANCIAL IMPLICATIONS: The Treasurer believes the University deposits are properly secured. See note on 9-15-82 agenda item VI.J.

RECOMMENDATION: President Farley recommends approval by the Board of Regents of the Treasurer's Report that the University funds are properly secured.

________________________ _______________________________________

(date) Jerry B. Farley, President