Such contracts, which are generally for a period of less than one year, are used to purchase and sell foreign currency at a guaranteed future price. ... New York State Statutes and the Systema#39;s investment policies require that corporate fixed income obligations must be investment grade at ... The Custodian is authorized to lend securities within the borrower limits and guidelines established by the System.
|Title||:||Comprehensive Annual Financial Report of the Comptroller for the Fiscal Year Ending March 31 ...|
|Author||:||New York (State). Comptroller's Office|