Fixed Income Investment Oversight Group Meeting Minutes
The meeting included a review of the stress test results for the second quarter, analyzing hypothetical scenarios such as interest rate fluctuations, credit events, and sector spread widening. The agenda covered a compliance recap for the second quarter, noting no new or open exceptions. Furthermore, the group performed an annual review of the Florida PRIME risk rankings relative to the Investment Policy Statement, resulting in the approval of current risk rankings and the confirmation of ongoing independent daily compliance testing.