schedule db - part f - section 1 - TIAA-CREF

QUARTERLY STATEMENT
OF THE
TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
LIFE AND ACCIDENT AND HEALTH
TO THE
Insurance Department
OF THE
STATE OF
FOR THE QUARTER ENDED
SEPTEMBER 30, 2009
2009

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
1. Bonds
2. Stocks:
2.1 Preferred stocks
2.2 Common stocks
3. Mortgage loans on real estate:
3.1 First liens
3.2 Other than first liens
4. Real estate:
4.1 Properties occupied by the company (less $
encumbrances)
4.2 Properties held for the production of income (less
$ encumbrances)
4.3 Properties held for sale (less $
encumbrances)
5. Cash ($ ), cash equivalents
($ ) and short-term
investments ($ )
6. Contract loans, (including $ premium notes)
7. Other invested assets
8. Receivables for securities
9. Aggregate write-ins for invested assets
10. Subtotals, cash and invested assets (Lines 1 to 9)
11. Title plants less $ charged off (for Title insurers
only)
12. Investment income due and accrued
13. Premiums and considerations:
13.1 Uncollected premiums and agents' balances in the course of collection
13.2 Deferred premiums, agents' balances and installments booked but
deferred and not yet due (including $
earned but unbilled premiums)
13.3 Accrued retrospective premiums
14. Reinsurance:
14.1 Amounts recoverable from reinsurers
14.2 Funds held by or deposited with reinsured companies
14.3 Other amounts receivable under reinsurance contracts
15. Amounts receivable relating to uninsured plans
16.1 Current federal and foreign income tax recoverable and interest thereon
16.2 Net deferred tax asset
17. Guaranty funds receivable or on deposit
18. Electronic data processing equipment and software
19. Furniture and equipment, including health care delivery assets
($ )
20. Net adjustment in assets and liabilities due to foreign exchange rates
21. Receivables from parent, subsidiaries and affiliates
22. Health care ($ ) and other amounts receivable
23. Aggregate write-ins for other than invested assets
24. Total assets excluding Separate Accounts, Segregated Accounts and
Protected Cell Accounts (Lines 10 to 23)
25. From Separate Accounts, Segregated Accounts and Protected Cell
Accounts
26. Total (Lines 24 and 25)
0901.
0902.
0903.
DETAILS OF WRITE-INS
0998. Summary of remaining write-ins for Line 9 from overflow page
0999. Totals (Lines 0901 through 0903 plus 0998)(Line 9 above)
2301.
2302. ! "
2303. # $
2398. Summary of remaining write-ins for Line 23 from overflow page
2399. Totals (Lines 2301 through 2303 plus 2398)(Line 23 above)
ASSETS
1
Assets
The failure of items to add to the totals shown throughout the statement is due to the rounding of figures to the nearest dollar.
2
Current Statement Date 4
2
3
December 31
Net Admitted Assets Prior Year Net
Nonadmitted Assets (Cols. 1 - 2) Admitted Assets

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
LIABILITIES, SURPLUS AND OTHER FUNDS 1
Current
1. Aggregate reserve for life contracts $ less $ included in Line 6.3
(including $ Modco Reserve)
2. Aggregate reserve for accident and health contracts (including $ Modco Reserve)
3. Liability for deposit-type contracts (including $ Modco Reserve)
4. Contract claims:
4.1 Life
4.2 Accident and health
5. Policyholders’ dividends $ and coupons $ due and unpaid
6. Provision for policyholders’ dividends and coupons payable in following calendar year - estimated amounts:
6.1 Dividends apportioned for payment (including $ Modco)
6.2 Dividends not yet apportioned (including $ Modco)
6.3 Coupons and similar benefits (including $ Modco)
7. Amount provisionally held for deferred dividend policies not included in Line 6
8. Premiums and annuity considerations for life and accident and health contracts received in advance less
$ discount; including $ accident and health premiums
9. Contract liabilities not included elsewhere:
9.1 Surrender values on canceled contracts
9.2 Provision for experience rating refunds, including $ accident and health experience rating
refunds
9.3 Other amounts payable on reinsurance, including $ assumed and $
ceded
9.4 Interest Maintenance Reserve
10. Commissions to agents due or accrued-life and annuity contracts $ , accident and health
$ and deposit-type contract funds $
11. Commissions and expense allowances payable on reinsurance assumed
12. General expenses due or accrued
13. Transfers to Separate Accounts due or accrued (net) (including $ accrued for expense
allowances recognized in reserves, net of reinsured allowances)
14. Taxes, licenses and fees due or accrued, excluding federal income taxes
15.1 Current federal and foreign income taxes, including $ on realized capital gains (losses)
15.2 Net deferred tax liability
16. Unearned investment income
17. Amounts withheld or retained by company as agent or trustee
18. Amounts held for agents' account, including $ agents' credit balances
19. Remittances and items not allocated
20. Net adjustment in assets and liabilities due to foreign exchange rates
21. Liability for benefits for employees and agents if not included above
22. Borrowed money $ and interest thereon $
23. Dividends to stockholders declared and unpaid
24. Miscellaneous liabilities:
24.1 Asset valuation reserve
24.2 Reinsurance in unauthorized companies
24.3 Funds held under reinsurance treaties with unauthorized reinsurers
24.4 Payable to parent, subsidiaries and affiliates
24.5 Drafts outstanding
24.6 Liability for amounts held under uninsured plans
24.7 Funds held under coinsurance
24.8 Payable for securities
24.9 Capital notes $ and interest thereon $
25. Aggregate write-ins for liabilities
26. Total liabilities excluding Separate Accounts business (Lines 1 to 25)
27. From Separate Accounts Statement
28. Total liabilities (Lines 26 and 27)
29. Common capital stock
30. Preferred capital stock
31. Aggregate write-ins for other than special surplus funds
32. Surplus notes
33. Gross paid in and contributed surplus
34. Aggregate write-ins for special surplus funds
35. Unassigned funds (surplus)
36. Less treasury stock, at cost:
36.1 shares common (value included in Line 29 $ )
36.2 shares preferred (value included in Line 30 $ )
37. Surplus (Total Lines 31+32+33+34+35-36) (including $ in Separate Accounts Statement)
38. Totals of Lines 29, 30 and 37
39. Totals of Lines 28 and 38
DETAILS OF WRITE-INS
2501.
2502. ! " # $
2503. %
2598. Summary of remaining write-ins for Line 25 from overflow page
2599. Totals (Lines 2501 through 2503 plus 2598)(Line 25 above)
3101.
3102.
3103.
3198. Summary of remaining write-ins for Line 31 from overflow page
3199. Totals (Lines 3101 through 3103 plus 3198)(Line 31 above)
3401. "& & & ' & $ ( ))
3402.
3403.
3498. Summary of remaining write-ins for Line 34 from overflow page
3499. Totals (Lines 3401 through 3403 plus 3498)(Line 34 above)
** The amount of the annuitant mortality fluctuation fund for the Real Estate Account is $49,358,933.28.
Statement Date
Note for line 6.1: Because TIAA operates without profit to the corporation or its stockholders, excess earnings which exceeded the amount contained on line
6.1 of prior year's statements were credited to policyholders as Additional Amounts during the year. Additional Amounts are referred to as policyholder's
dividends throughout this statement.
3
2
December 31
Prior Year

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
SUMMARY OF OPERATIONS
1
Current Year
1. Premiums and annuity considerations for life and accident and health contracts
2. Considerations for supplementary contracts with life contingencies
3. Net investment income
4. Amortization of Interest Maintenance Reserve (IMR)
5. Separate Accounts net gain from operations excluding unrealized gains or losses
6. Commissions and expense allowances on reinsurance ceded
7. Reserve adjustments on reinsurance ceded
8. Miscellaneous Income:
8.1 Income from fees associated with investment management, administration and contract
guarantees from Separate Accounts
8.2 Charges and fees for deposit-type contracts
8.3 Aggregate write-ins for miscellaneous income
9. Totals (Lines 1 to 8.3)
10. Death benefits
11. Matured endowments (excluding guaranteed annual pure endowments)
12. Annuity benefits
13. Disability benefits and benefits under accident and health contracts
14. Coupons, guaranteed annual pure endowments and similar benefits
15. Surrender benefits and withdrawals for life contracts
16. Group conversions
17. Interest and adjustments on contract or deposit-type contract funds
18. Payments on supplementary contracts with life contingencies
19. Increase in aggregate reserves for life and accident and health contracts
20. Totals (Lines 10 to 19)
21. Commissions on premiums, annuity considerations, and deposit-type contract funds (direct
business only)
22. Commissions and expense allowances on reinsurance assumed
23. General insurance expenses
24. Insurance taxes, licenses and fees, excluding federal income taxes
25. Increase in loading on deferred and uncollected premiums
26. Net transfers to or (from) Separate Accounts net of reinsurance
27. Aggregate write-ins for deductions
28. Totals (Lines 20 to 27)
29. Net gain from operations before dividends to policyholders and federal income taxes (Line 9 minus
Line 28)
30. Dividends to policyholders
31. Net gain from operations after dividends to policyholders and before federal income taxes (Line 29
minus Line 30)
32. Federal and foreign income taxes incurred (excluding tax on capital gains)
33. Net gain from operations after dividends to policyholders and federal income taxes and before
realized capital gains or (losses) (Line 31 minus Line 32)
34. Net realized capital gains (losses) (excluding gains (losses) transferred to the IMR) less capital
gains tax of $ (excluding taxes of $
transferred to the IMR)
35. Net income (Line 33 plus Line 34)
CAPITAL AND SURPLUS ACCOUNT
36. Capital and surplus, December 31, prior year
37. Net income (Line 35)
38. Change in net unrealized capital gains (losses) less capital gains tax of $
39. Change in net unrealized foreign exchange capital gain (loss)
40. Change in net deferred income tax
41. Change in non-admitted assets
42. Change in liability for reinsurance in unauthorized companies
43. Change in reserve on account of change in valuation basis, (increase) or decrease
44. Change in asset valuation reserve
45. Change in treasury stock
46. Surplus (contributed to) withdrawn from Separate Accounts during period
47. Other changes in surplus in Separate Accounts Statement
48. Change in surplus notes
49. Cumulative effect of changes in accounting principles
50. Capital changes:
50.1 Paid in
50.2 Transferred from surplus (Stock Dividend)
50.3 Transferred to surplus
51. Surplus adjustment:
51.1 Paid in
51.2 Transferred to capital (Stock Dividend)
51.3 Transferred from capital
51.4 Change in surplus as a result of reinsurance
52. Dividends to stockholders
53. Aggregate write-ins for gains and losses in surplus
54. Net change in capital and surplus for the year (Lines 37 through 53)
55. Capital and surplus, as of statement date (Lines 36 + 54)
DETAILS OF WRITE-INS
08.301.
08.302.
08.303. ! " # $ #
08.398. Summary of remaining write-ins for Line 8.3 from overflow page
08.399. Totals (Lines 08.301 through 08.303 plus 08.398) (Line 8.3 above)
2701. %
2702. &' () $ * + ' $ #
* +
2703. " , "
2798. Summary of remaining write-ins for Line 27 from overflow page
2799. Totals (Lines 2701 through 2703 plus 2798)(Line 27 above)
5301. ! # '
5302. ! - .
5303.
5398. Summary of remaining write-ins for Line 53 from overflow page
5399. Totals (Lines 5301 through 5303 plus 5398)(Line 53 above)
4
To Date
2
Prior Year
To Date
3
Prior Year Ended
December 31

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
1. Premiums collected net of reinsurance
2. Net investment income
3. Miscellaneous income
4. Total (Lines 1 to 3)
5. Benefit and loss related payments
Cash from Operations
CASH FLOW
6. Net transfers to Separate Accounts, Segregated Accounts and Protected Cell Accounts
7. Commissions, expenses paid and aggregate write-ins for deductions
8. Dividends paid to policyholders
9. Federal and foreign income taxes paid (recovered) net of $ tax on capital gains (losses)
10. Total (Lines 5 through 9)
11. Net cash from operations (Line 4 minus Line 10)
12. Proceeds from investments sold, matured or repaid:
12.1 Bonds
12.2 Stocks
12.3 Mortgage loans
12.4 Real estate
12.5 Other invested assets
Cash from Investments
12.6 Net gains or (losses) on cash, cash equivalents and short-term investments
12.7 Miscellaneous proceeds
12.8 Total investment proceeds (Lines 12.1 to 12.7)
13. Cost of investments acquired (long-term only):
13.1 Bonds
13.2 Stocks
13.3 Mortgage loans
13.4 Real estate
13.5 Other invested assets
13.6 Miscellaneous applications
13.7 Total investments acquired (Lines 13.1 to 13.6)
14. Net increase (or decrease) in contract loans and premium notes
15. Net cash from investments (Line 12.8 minus Line 13.7 and Line 14)
16. Cash provided (applied):
16.1 Surplus notes, capital notes
16.2 Capital and paid in surplus, less treasury stock
16.3 Borrowed funds
Cash from Financing and Miscellaneous Sources
16.4 Net deposits on deposit-type contracts and other insurance liabilities
16.5 Dividends to stockholders
16.6 Other cash provided (applied)
17. Net cash from financing and miscellaneous sources (Line 16.1 through Line 16.4 minus Line 16.5 plus Line 16.6)
RECONCILIATION OF CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
18. Net change in cash, cash equivalents and short-term investments (Line 11, plus Lines 15 and 17)
19. Cash, cash equivalents and short-term investments:
19.1 Beginning of year
19.2 End of period (Line 18 plus Line 19.1)
Note: Supplemental disclosures of cash flow information for non-cash transactions:
20.0001.
20.0002. ! ! ! " ! # # $ " %&' $ " '
5
1
Current Year
To Date
2
Prior Year Ended
December 31

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
1. Industrial life
2. Ordinary life insurance
3. Ordinary individual annuities
4. Credit life (group and individual)
5. Group life insurance
6. Group annuities
7. A & H - group
8. A & H - credit (group and individual)
9. A & H - other
10. Aggregate of all other lines of business
11. Subtotal
12. Deposit-type contracts
13. Total
1001.
1002.
1003.
DETAILS OF WRITE-INS
1098. Summary of remaining write-ins for Line 10 from overflow page
1099. Totals (Lines 1001 through 1003 plus 1098)(Line 10 above)
EXHIBIT 1
DIRECT PREMIUMS AND DEPOSIT-TYPE CONTRACTS
1
Current Year
To Date
6
2
Prior Year
To Date
3
Prior Year Ended
December 31

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
1. Summary of Significant Accounting Policies
A. Accounting Principles
NOTES TO FINANCIAL STATEMENTS
The financial statements of Teachers Insurance and Annuity Association of America are presented on the basis of statutory
accounting principles prescribed or permitted by the New York State Insurance Department (the “Department”). The State of
New York requires insurance companies domiciled in the State of New York to prepare their statutory basis financial
statements in accordance with the National Association of Insurance Commissioners’ (“NAIC”) Accounting Practices and
Procedures Manual (“NAIC SAP”), subject to any deviation prescribed or permitted by the Department (“NY SAP”).
A reconciliation of the Company’s net income and capital and contingency reserves between NAIC SAP and practices
prescribed and permitted by the State of New York is shown below:
9/30/2009 12/31/2008
Net Loss, NY SAP $ (644,641,487 ) $ (3,283,390,785 )
NY SAP Prescribed or Permitted Practices:
Additional Reserves for:
Term Conversions 1,296,043 1,747,842
Deferred and Payout Annuities issued after 2000 318,171,126 424,228,167
Net Loss, NAIC SAP $ (325,174,318 ) $ (2,857,414,776 )
Capital and Contingency Reserves, NY SAP $ 17,694,734,335 $ 17,754,167,343
NY SAP Prescribed or Permitted Practices:
Deferred Premium Asset Limitation 153,800 303,418
Goodwill/Intangible Asset Limitation 18,899,100 20,090,100
Additional Reserves for:
Term Conversions 12,430,716 11,134,673
Deferred and Payout Annuities issued after 2000 4,127,549,077 3,809,377,951
Capital and Contingency Reserves, NAIC SAP $ 21,853,767,028 $ 21,595,073,485
2. Accounting Changes and Corrections of Errors
(6) For the reporting periods beginning on or after September 30, 2009, SSAP No. 43R, Loan-backed and Structured Securities,
was adopted. This statement establishes statutory accounting principles for investments in loan-backed securities and structured
securities.
Loan-backed securities and structured securities not in default, are stated at amortized cost. Estimated future cash flows and
expected repayment periods are used in calculating amortization for loan-backed and structured securities on the prospective
method. Loan-backed securities and structured securities held for sale are stated at the lower of amortized cost or fair value.
Loan-backed securities and structured securities in default are valued at the lower of amortized cost of fair value.
3. Business Combinations and Goodwill
Not Applicable.
4. Discontinued Operations
Not Applicable.
5. Investments
A. Mortgage Loans:
9/30/2009 12/31/2008
5. Taxes, assessments and any amounts advanced and not included in the
mortgage loan total $ --- $ 3,730
6. Current period impaired loans with a related allowance for credit losses $ 244,205,222 $ --a)
Related allowance for credit losses $ 13,600,000 $ ---
7. Impaired mortgage loans without an allowance for credit losses $ 147,589,496 $ 258,524,317
8. Average recorded investment in impaired loans $ 329,836,170 $ 185,086,064
9. Interest income recognized during the period the loans were impaired
10. Amount of interest income recognized on a cash basis during the period
$ 22,642,001 $ 14,094,900
the loans were impaired
11. Allowance for credit losses:
$ 26,463,466 $ 14,277,346
b) Additions charged to operations $ 318,760,938 $ --c)
Direct write-downs charges against the allowances $ (29,739,788 ) $ --d)
Recoveries of amounts previously charged off $ (275,421,150 ) $ --e)
Balance at the end of the period $ 13,600,000 $ ---
7

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
B. Debt Restructuring:
NOTES TO FINANCIAL STATEMENTS
7.1
9/30/2009 12/31/2008
1. The total recorded investment in restructured investments $ 28,612,224 $ 19,393,575
2. The realized capital losses related to these investments $ --- $ 4,602,620
D. Loan-Backed Securities
(1) The Company primarily uses third party pricing vendors and to a lesser extent broker quotes in
determining the market value of its loan backed and structured securities. Generally, each bond in
the portfolio was priced individually utilizing the most recent price available. Effective September
30, 2009, the Company adopted SSAP No. 43R resulting in an increase of approximately $210
million in surplus.
(2) Prepayment assumptions for loan-backed and structured securities are based on historical averages
drawing from the 3, 6 or 12 month experience for a particular transaction and may vary by security
type and vintage. The prepayment assumptions may also employ a vector approach with the first
1-2 years based on recent security prepay experience (3 or 6 month average) and the back-end of
the vector, which is typically the longest component, based upon the 12-month prepayment rate.
(3) The top ten concentration of credit risk exposure of loan-backed and structured securities as of
September 30, 2009 are as follows:
Description
Amortized Cost
Before Other-
Than-Temporary
Impairment *
Other-Than-
Temporary
Impairment
Fair Value
DCENT 2009-A1 $ 200,000,000 $ --- $ 200,807,800
CSMC 2007-C2 157,800,532 20,705,482 78,915,913
CHAIT 2005-A6 150,000,000 --- 147,447,075
CNHMT 2009-1A 150,000,000 --- 149,795,775
MSC 2003-IQ6 139,999,778 --- 104,703,367
CSFB 2003-C4 130,837,157 --- 121,821,498
JPMCC 2005-LDP5 129,472,644 --- 47,643,658
JPMCC 2004-CB8 127,899,128 --- 86,744,974
LBUBS 2003-C5 120,600,104 --- 110,758,681
AMXCA 2009-1 120,000,000 --- 121,416,396
Total $ 1,426,609,343 $ 20,705,482 $ 1,170,055,137
*Cash flows analysis supports the recovery of the amortized cost as of September 30, 2009.
(4) a. Security Intent to Sell
Aggregate Intent to Sell
Amortized Cost Basis Before
Other-Than-Temporary
Impairment
C1
$ 26,640,801
Other-Than-Temporary
Impairment Recognized in
Loss
C2
$ 8,096,939
Fair Value
(C1 - C2)
$ 18,543,862
(5) Securities with a recognized Other-than-temporary Impairment (“OTTI”) – See Note 5 D (5) – security
with a recognized Other-than-temporary Impairment disclosure attachment
(6) b. As of September 30, 2009, the Company held loan-backed and structured securities totaling
$30,567,369,057 in amortized cost which have not been impaired and exceeded fair value. The fair value
on these securities totaled $20,821,477,859, resulting in unrealized losses of $9,745,891,198. Where the
estimated fair value declined and remained below cost for less than twelve months totaled $171,868,848 in
unrealized losses with amortized cost of $3,148,524,634 and fair value of $2,976,655,785. Where the
estimated fair value declined and remained below cost for twelve months or more totaled $9,574,022,350
in unrealized losses with amortized cost of $27,418,844,423 and fair value of $17,844,822,073.
(7) Periodic reviews of investment portfolios are performed to identify investments which may have
deteriorated in credit quality to identify, if any are candidates for impairments. The Company develops
cash flows as part of its impairment review process. Where the cash flows support the recovery of the
principal balance, the Company concludes that the impairment is not other-than-temporary.
(8) The Company has been able to estimate fair values using third party pricing vendors and to a lesser extent
broker quotes.

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
G. Low Income Housing Tax Credits (“LIHTC”)
NOTES TO FINANCIAL STATEMENTS
(1) Number of remaining years for unexpired tax credits: 2 years. Required holding period: 15 years (2024).
(2) The Company has no LIHTC property that is currently subject to any regulatory reviews.
(3) The Company has no investment in low income housing tax credit properties that exceed 10% of admitted assets.
(4) As of September 30, 2009, the Company recognized $12,176,106 of other-than-temporary impairment loss.
(5) The Company had no write downs or reclassifications due to the forfeiture or ineligibility of tax credits during the 3rd
quarter 2009.
6. Joint Ventures, Partnerships and Limited Liability Companies
B. As of September 30, 2009, the Company recognized $890,478,324 of other-than-temporary impairments on its investments in
joint ventures, partnerships and limited liability companies.
7. Investment Income
No Material Change.
8. Derivative Instruments
Foreign Currency Swaps
C. Foreign currency swaps for which hedge accounting is applied have a carrying value of $(181,172,251) at September 30, 2009,
and represent the notional amount at the spot exchange rate. Foreign currency swaps that no longer qualify as effective hedges
are carried at fair value from the date they ceased to be effective according the accounting guidance. Foreign currency swaps
for which hedge accounting is not applied are carried at fair value. The changes in the carrying value of foreign currency swap
contracts are recognized at the end of the period as unrealized gains or losses.
D. At September 30, 2009 and December 31, 2008, the net unrealized gains (losses) from derivative instruments that do not qualify
for hedge accounting were as follows:
7.2
9/30/2009 12/31/2008
Net unrealized (losses) / gains from interest rate swap contracts $ (29,299,183 ) $ 32,505,568
Net unrealized (losses) / gains from foreign currency swaps $ (291,020,634 ) $ 537,080,820
Net unrealized (losses) / gains from foreign currency forward
contracts $ (16,234,752 ) $ 30,225,501
Net unrealized (losses) / gains from credit default swap contracts $ (67,153,352 ) $ 21,551,908
Credit Default Swaps
E. TIAA will record impairment on a derivative position if an existing condition or set of circumstances indicates there is limited
ability to recover an unrealized loss. At September 30, 2009, a realized loss impairment and contingent liability of $1,691,953
was recorded on derivative positions. Life to date impairments on derivative positions totaled $98,072,827, based on an
impaired notional amount of $382,521,580, from a total notional amount of $12,166,938,924 in derivative transactions held by
the Company.
F. The Company currently has International Swaps and Derivatives Association (“ISDA”) agreements in place with each
counterpart to a derivative transaction. In addition to the ISDA agreement, Credit Support Annexes (“CSA’s”), which are
bilateral collateral agreements, have been put in place with six derivative counterparts. The CSA’s allow TIAA exposure to a
counterpart to be capped at a defined threshold of $ 0, with any ongoing mark to market movements above that threshold to be
collateralized by the posting of cash or other highly liquid U.S. government securities. As of September 30, 2009, the
Company held cash collateral of $12,000,000 from its counterparts. TIAA must also post collateral to the extent its net mark to
market position with a given counterpart is out of the money in favor of the counterpart above the threshold of $ 0. As of
September 30, 2009, the Company pledged cash collateral of $95,630,000 to its counterparts.
9. Federal Income Tax
No Material Change.
10. Information Concerning Parent, Subsidiaries and Affiliates
B. On March 17, 2009, the Company made a $70 million capital contribution to its subsidiary TIAA-CREF Life Insurance
Company (“TIAA-CREF Life”).

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
NOTES TO FINANCIAL STATEMENTS
D. As of September 30, 2009 and December 31, 2008, the net amount due to subsidiaries and affiliates was $81,356,925 and
$13,140,520 respectively. The net amounts due are generally settled on a daily basis except for TIAA Realty, Inc. and ND
Properties, Inc., Teachers Advisors, Inc., TIAA-CREF Tuition Financing, Inc., Teachers Personal Investors Services, Inc.,
TIAA-CREF Individual and Institutional Services, and TIAA-CREF Enterprises, Inc. which are settled quarterly.
J. During 3 rd quarter 2009, the Company recognized $156,951,240 in other-than-temporary impairments for investments in
subsidiaries, controlled and affiliated companies.
11. Debt
See Note 20 C.
12. Retirement Plans, Deferred Compensation, Post Employment Benefits and Compensated Absences and other Post Retirement
Benefit Plans
No Material Change.
13. Capital and Surplus, Shareholders’ Dividend Restrictions and Quasi-Reorganization
No Material Change.
14. Contingencies
A. Contingent Commitments
15. Leases
At September 30, 2009, outstanding forward commitments for future long-term bond investments were $1,208,772,095. Of this,
$550,278,539 is scheduled for disbursement in 2009 and $658,493,556 in later years. The funding of bond commitments is
contingent upon the continued favorable financial performance of the potential borrowers.
At September 30, 2009, outstanding forward commitments for future mortgage loan investments were $234,554,561. Of this,
$230,054,561 is scheduled for disbursement in 2009 and $4,500,000 in later years. The funding of mortgage loan commitments
is contingent upon the underlying properties meeting specified requirements, including construction, leasing and occupancy.
At September 30, 2009, outstanding obligations for future real estate investments were $4,013,207. Of which all are scheduled
for disbursement in 2009. The funding of real estate investment obligations is contingent upon the properties meeting specified
requirements, including construction, leasing and occupancy.
At September 30, 2009, outstanding forward commitments for equity investments were $5,598,133,427. Of this, $515,442,323
is scheduled for disbursement in 2009 and $5,082,691,104 in later years.
Included in the forward commitments for equity investments is the Company’s limited partnership in the two Hines European
Development Fund Limited Partnerships (“HEDF Fund I & II”) whose primary focus is the development and redevelopment of
real estate projects in Western Europe. Each of the limited partners made a specified commitment to the fund; the Company
committed 130.0 million Euros which is approximately $189.8 million (in U.S. dollars) to Development Fund I and 100.0
million Euros which is approximately $146.0 million (in U.S. dollars) to Development Fund II as of December 31, 2008. The
limited partners' commitments are pledged as collateral to facilitate the financing of the activities of the fund by third parties
through equity lines of credit. The limited partners do not anticipate actually funding their commitments but remain committed
to do so should it become necessary for the Fund to make cash capital calls.
No Material Change.
16. Information about Financial Instruments with Off-Balance Sheet Risk and Financial Instruments with Concentrations of Credit Risk
(1) The table below summarizes the face amount of the Company’s financial instruments with off balance sheet risk:
Assets Liabilities
09/30/2009 12/31/2008 09/30/2009 12/31/2008
Swaps $ 6,607,422,894 $ 8,057,413,422 $ 5,462,505,169 $ 3,473,478,406
Forwards --- 90,331,161 97,010,861 149,637,017
Total $ 6,607,422,894 $ 8,147,744,583 $ 5,559,516,030 $ 3,623,115,423
(3) The Company is exposed to credit-related losses in the event of non-performance by counterparties to financial instruments. As
of September 30, 2009, the amount of the Company’s exposure, determined by the positive mark-to-market counterparty
valuations, was $189,850,174.
(5) As of September 30, 2009, the average fair value of derivatives used for other than hedging purposes, which are the credit
default swaps used in replication synthetic asset transactions, was $35,205,109 in liabilities.
7.3

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
NOTES TO FINANCIAL STATEMENTS
17. Sale, Transfer and Servicing of Financial Assets and Extinguishments of Liabilities
C. Wash Sales
(1) TIAA does not engage in the practice of wash sales, however, in isolated cases in the course of asset management
activities, a security may be sold and repurchased in whole or in part within thirty days of the sale when an opportunity to
significantly enhance the return on the investment is present.
(2) During the period ended September 30, 2009, wash sales for securities with a NAIC designation 3 or below
were:
Number of
Transactions
Book Value of
Sales
7.4
Cost of
Repurchases Gains (Losses)
NAIC 4 2 $ 2,884,020 $ 2,884,020 $ 10,980
NAIC 5 3 $ 5,012,383 $ 4,987,500 $ 37,617
NAIC 6 2 $ 1,309,197 $ 1,306,813 $ (2,385)
18. Gain or Loss to the Reporting Entity from Uninsured Plans and the Uninsured Portion of Partially Insured Plans
Not Applicable.
19. Direct Premium Written/Produced by Managing General Agents/Third Party Administrators
Not Applicable.
20. Other Items
C. Other Disclosures - Effective March 2009, TIAA has been authorized to execute investment transactions under the Term Asset-
Backed Securities Loan Facility (“TALF”) program. Under the TALF program, the Federal Reserve Bank of New York
(“FRBNY”) will lend up to $200 billion on a non-recourse basis to holders of certain AAA-rated Asset Backed Securities
(“ABS”) backed by newly and recently originated consumer and small business loans. The FRBNY will lend an amount equal
to the market value of the ABS less a haircut and will be secured at all times by the ABS. Loan proceeds will be disbursed to
the borrower, contingent on receipt by the FRBNY custodian bank of the eligible collateral. TIAA’s investments in the TALF
program shall not exceed $500 million in the aggregate, net of financing provided by the FRBNY.
As of September 30, 2009, TIAA has purchased $1,024,491,326 of eligible asset-backed securities under the TALF program
which have been pledged as collateral and recorded as a loan liability outstanding to the FRBNY in the amount of
$939,810,222.
G. Subprime Mortgage Exposure - The Company’s exposure to subprime lending is limited to investments within its investment
portfolio which are primarily in the form of ABS supported by subprime mortgage. Additionally the Company does not
underwrite nor does it hold any direct sub-prime mortgages. The Company manages its subprime risk exposure by limiting the
Company’s holdings in these types of instruments; maintaining high credit quality investments; and performing ongoing
analysis of cash flows, prepayment speeds, default rates and other stress variables. Loan-backed and structured securities not in
default are valued at amortized cost. Securities held for sale or rated NAIC 6 are valued at the lower of amortized cost or fair
value. All securities are subjected to the Company’s process for identifying other-than-temporary impairments. The
impairment identification process utilizes but is not limited to, a screening process based on declines in fair value and prospects
for recovery. The Company writes down securities that it deems to have an other-than-temporary impairment in value in the
period the securities are deemed to be impaired.
Furthermore, the Company does not have any underwriting exposure to subprime mortgage risk through Mortgage Guaranty or
Financial Guaranty insurance coverage.
The following table presents the Company’s exposure to ABS securities supported by subprime residential mortgage loans:
Credit
Quality Actual Cost
Book Adjusted
Carrying Value Fair Value
Inception to
Date OTTI
NAIC 1 $ 1,936,052,874 $ 1,941,280,409 $ 1,361,967,612 $ ---
NAIC 2 317,641,633 310,031,199 183,772,007 8,164,304
NAIC 3 211,747,044 210,868,137 106,146,137 1,352,262
NAIC 4 335,537,318 296,959,788 154,886,983 40,362,994
NAIC 5 625,506,091 498,315,528 308,941,932 128,844,786
NAIC 6 106,416,186 7,646,054 7,630,447 96,487,076
Total $ 3,532,901,146 $ 3,265,101,115 $ 2,123,345,118 $ 275,211,422

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
21. Events Subsequent:
Not Applicable.
22. Reinsurance
No Material Change.
23. Retrospectively Rated Contracts
Not Applicable.
24. Changes in Incurred Losses and Loss Adjustment Expenses
No Material Change.
25. Intercompany Pooling Arrangements
Not Applicable.
26. Structured Settlements
Not Applicable.
27. Health Care Receivables
Not Applicable.
28. Participating Policies
Not Applicable.
29. Premium Deficiency Reserves
No Material Change.
30. Reserves for Life Contracts and Deposit-Type Contracts
No Material Change.
NOTES TO FINANCIAL STATEMENTS
31. Analysis of Annuity Actuarial Reserves and Deposit Liabilities by Withdrawal Characteristics
No Material Change.
32. Premiums and Annuity Considerations Deferred and Uncollected
No Material Change.
33. Separate Accounts
A. The Company provides mortality, expense and liquidity guarantees to TIAA Real Estate Separate Account (“REA”) and is
compensated for these guarantees. The Company guarantees that once REA participants begin receiving lifetime annuity
income benefits, monthly payments will never be reduced as a result of adverse mortality experience. The Company also
guarantees that expense charges to REA participants will never rise above the maximum amount stipulated in the contract. The
Company provides REA with a liquidity guarantee to ensure it has funds available to meet participant transfer or cash
withdrawal requests. If REA cannot fund participant requests, the Company’s general account will fund them by purchasing
Accumulation Units in REA. The Company guarantees that participants will be able to redeem their Accumulation Units at the
then current daily Accumulation Unit Value.
Pursuant to the liquidity guarantee obligation, TIAA General Account owned 4,715,633 accumulation units issued by the TIAA
Real Estate Separate Account with a fair value of $960,801,317 as of September 30, 2009.
34. Loss/Claims Adjustment Expense
No Material Change.
7.5

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
NOTES TO FINANCIAL STATEMENTS
Note 5 D (5) – Securities with a recognized other-than-temporary impairment disclosure
The following table represents loan-backed and structured securities with a recognized other-than-temporary impairment in the current
period where the present value of cash flows expected to be collected is less than the amortized cost.
Book/Adj Carrying
Value Amortized Cost
Before Current Period
OTTI
Recognized Other-
Than-Temporary
Impairment
7.6
Amortized Cost
After Other-Than-
Temporary
Impairment Fair Value
CUSIP
Projected Cash
Flows *
00253CHZ3 $ 2,893,261 $ 1,404,258 $ (1,489,003) $ 1,404,258 $ 694,423
02147QAE2 49,228,610 45,152,500 (4,076,110) 45,152,500 36,433,950
02151CBD7 30,078,496 28,536,105 (1,542,391) 28,536,105 22,051,302
036510AB1 4,581,160 3,134,629 (1,446,531) 3,134,629 471,803
05947UMN5 1,743,036 423,878 (1,319,158) 423,878 280,466
05947UWA2 1,738,023 767,441 (970,582) 767,441 212,822
05947UWB0 791,256 131,202 (660,054) 131,202 100,361
05950EAN8 3,960,726 3,647,958 (312,768) 3,647,958 615,536
05950EAP3 4,884,794 1,370,873 (3,513,921) 1,370,873 715,945
059511AM7 5,904,407 3,154,584 (2,749,823) 3,154,584 750,192
059511AS4 6,726,167 1,707,661 (5,018,506) 1,707,661 855,021
059511AU9 9,752,428 2,073,166 (7,679,262) 2,073,166 1,137,750
07387BEQ2 7,985,888 6,510,227 (1,475,661) 6,510,227 1,649,017
07388RAN7 10,040,541 9,125,638 (914,903) 9,125,638 1,940,070
07388RAP2 6,515,045 1,971,040 (4,544,005) 1,971,041 1,059,461
07388VAL2 18,797,504 11,722,177 (7,075,327) 11,722,177 2,502,987
07388YBA9 10,701,132 3,390,726 (7,310,407) 3,390,726 770,000
07401DAN1 9,459,397 2,892,020 (6,567,377) 2,892,020 861,453
12513YAP5 5,018,081 1,266,628 (3,751,454) 1,266,628 400,000
12544RAL2 9,625,351 8,883,000 (742,351) 8,883,000 5,950,703
12566XAE8 36,726,158 34,342,512 (2,383,646) 34,342,512 23,452,904
12566XAG3 17,348,888 15,725,340 (1,623,548) 15,725,340 6,953,865
126670QT8 4,999,957 3,628,334 (1,371,622) 3,628,334 1,948,947
126670QU5 19,998,914 12,696,540 (7,302,374) 12,696,540 7,020,652
12670BAC3 4,339,615 2,216,711 (2,122,905) 2,216,711 1,555,649
12670BAC3 398,740 202,612 (196,127) 202,612 145,609
161551FG6 447,876 335,165 (112,711) 335,165 122,131
16165TBJ1 11,550,415 10,448,900 (1,101,515) 10,448,900 6,535,688
20047EAP7 10,886,649 3,667,140 (7,219,509) 3,667,140 720,850
20173QAN1 11,305,071 8,930,131 (2,374,940) 8,930,131 1,359,588
20173VAM2 9,537,950 7,613,342 (1,924,608) 7,613,342 2,640,870
225383AF5 17,423,389 - (17,423,389) (0) 722,200
22544QAM1 25,959,195 19,198,558 (6,760,637) 19,198,558 2,598,478
22544QAN9 13,672,024 3,673,347 (9,998,678) 3,673,347 1,221,097
22544QAP4 4,970,573 1,387,116 (3,583,458) 1,387,116 715,966
225470H22 3,888,986 970,504 (2,918,481) 970,504 240,000
23243NAG3 10,669,451 4,937,169 (5,732,282) 4,937,169 3,141,673
251511AC5 18,175,550 14,861,707 (3,313,843) 14,861,707 8,959,648
33848JAC9 4,999,895 3,183,306 (1,816,589) 3,183,306 2,894,035
33848JAC9 929,668 556,843 (372,825) 556,843 578,807
3622ECAK2 20,941,477 18,788,252 (2,153,225) 18,788,252 11,474,209
3622ELAD8 50,223,381 44,199,500 (6,023,881) 44,199,500 26,566,545
362332AT5 15,051,925 8,451,782 (6,600,144) 8,451,782 2,285,175
362334NC4 17,932,324 14,708,014 (3,224,310) 14,708,014 8,351,942
362375AD9 19,344,302 15,288,031 (4,056,270) 15,288,031 10,719,528
36246LAK7 34,001,514 20,209,700 (13,791,814) 20,209,700 4,404,435
36246LAL5 28,970,952 6,796,200 (22,174,752) 6,796,200 3,239,070
36828QSL1 2,972,198 1,764,915 (1,207,283) 1,764,915 611,917
395386AP0 16,986,719 14,017,799 (2,968,920) 14,017,799 11,738,682
396789KF5 5,378,625 4,506,020 (872,604) 4,506,020 1,194,307
42332QAN3 5,754,119 3,428,230 (2,325,889) 3,428,230 412,061
46614KAB2 9,657,805 2,800,420 (6,857,385) 2,800,420 500,000
46625YQ89 3,430,992 1,513,711 (1,917,281) 1,513,711 581,182
46627MAC1 11,998,763 11,109,835 (888,928) 11,109,835 5,856,448
46629YAM1 20,070,948 16,337,536 (3,733,412) 16,337,536 3,476,200
46630JAS8 10,035,389 2,912,412 (7,122,977) 2,912,412 1,108,700

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
Book/Adj Carrying
Value Amortized Cost
Before Current Period
OTTI
NOTES TO FINANCIAL STATEMENTS
Recognized Other-
Than-Temporary
Impairment
7.7
Amortized Cost
After Other-Than-
Temporary
Impairment Fair Value
CUSIP
Projected Cash
Flows *
46632HAR2 4,028,186 2,987,063 (1,041,123) 2,987,063 657,928
50180CAM2 11,464,618 2,607,049 (8,857,569) 2,607,049 1,573,335
525221CM7 28,026,636 24,254,757 (3,771,879) 24,254,757 7,226,630
525221JW8 44,542,371 42,492,282 (2,050,089) 42,492,282 25,949,093
52523KAH7 14,909,635 11,956,832 (2,952,803) 11,956,832 8,970,537
55312VAR9 22,585,862 20,572,173 (2,013,689) 20,572,173 2,925,000
59023BAL8 4,930,792 4,713,154 (217,638) 4,713,154 604,725
60687VAM7 5,018,438 1,011,356 (4,007,082) 1,011,356 581,350
60688BAM0 8,279,911 5,814,544 (2,465,367) 5,814,544 2,036,952
60688BAS7 9,910,681 2,980,912 (6,929,769) 2,980,912 2,100,637
606935AQ7 4,916,561 1,051,034 (3,865,527) 1,051,034 812,775
61745MU68 3,909,052 2,521,714 (1,387,338) 2,521,714 949,776
61746WE63 5,393,259 4,810,580 (582,679) 4,810,580 1,369,482
61749MAE9 3,953,068 649,935 (3,303,133) 649,935 783,732
61750CAS6 9,000,000 5,734,363 (3,265,637) 5,734,363 1,779,777
61750YAF6 39,999,988 33,373,686 (6,626,302) 33,373,686 18,338,272
61751NAQ5 4,014,486 2,487,197 (1,527,289) 2,487,197 496,676
61751XAK6 5,019,637 1,104,081 (3,915,556) 1,104,081 698,545
61752JAF7 14,943,281 12,681,357 (2,261,924) 12,681,357 7,800,000
61753JAK5 10,039,176 6,315,957 (3,723,219) 6,315,957 1,924,670
61753JAL3 10,039,489 1,923,248 (8,116,241) 1,923,248 1,497,480
61754KAP0 16,333,731 13,409,091 (2,924,640) 13,409,091 1,823,465
74438WAN6 2,435,634 1,816,058 (619,576) 1,816,058 483,756
87222PAE3 39,983,008 36,209,916 (3,773,092) 36,209,916 16,649,220
87246AAQ1 6,507,642 5,424,135 (1,083,506) 5,424,135 600,539
92978YAN0 14,349,202 8,560,596 (5,788,606) 8,560,596 1,692,555
92978YAT7 11,921,571 3,155,532 (8,766,039) 3,155,533 1,410,463
92978QAR8 33,913,365 25,081,843 (31,484,742) 2,428,623 2,703,520
19075CAS2 30,351,166 22,313,573 (26,616,156) 3,735,011 2,419,440
92978TAM3 30,106,380 26,997,354 (23,014,899) 7,091,481 4,660,680
55312TAJ2 9,036,266 7,653,856 (4,626,591) 4,409,675 1,432,692
92978QAT4 2,207,457 1,000,000 (2,514,648) (307,191) 1,400,000
55312YAT9 2,141,339 1,042,676 (906,926) 1,234,413 1,800,000
55312TAK9 24,178,235 5,855,255 (18,322,980) 5,855,255 2,631,250
55312YAJ1 15,059,262 3,720,261 (11,339,001) 3,720,261 3,310,965
19075CAL7 14,220,451 4,095,130 (10,125,321) 4,095,130 1,907,778
55312YAS1 10,039,851 682,106 (9,357,745) 682,106 1,273,890
92978QAP2 10,035,429 1,006,808 (9,028,621) 1,006,808 1,227,540
55312YAL6 10,039,591 1,036,649 (9,002,942) 1,036,649 1,268,330
92978QAN7 10,035,031 1,054,619 (8,980,412) 1,054,619 1,308,000
55312YAK8 8,031,811 1,238,429 (6,793,382) 1,238,429 1,521,368
92978TAL5 30,104,828 23,644,656 (6,460,172) 23,644,656 5,013,420
19075CAN3 5,017,830 842,000 (4,175,830) 842,000 400,000
19075CAK9 15,052,911 10,989,000 (4,063,911) 10,989,000 2,273,985
19075CAM5 5,017,824 1,088,000 (3,929,824) 1,088,000 450,000
92978QAJ6 44,853,705 41,898,577 (2,955,129) 41,898,577 23,143,606
55312YAH5 10,039,874 9,890,092 (149,782) 9,890,092 6,055,360
55312TAR4 701,768 692,323 (9,444) 692,323 849,940
301965CE7 15,711,099 -*** (5,570,069) 10,141,030 10,141,030
12613YAB5 18,577,048 -** (7,081,749) 11,495,299 11,495,299
74040KAC6 4,810,269 -** (515,386) 4,294,883 4,294,883
03702YAC4 2,162,800 -** (432,560) 1,730,240 1,730,240
059500AK4 850,693 -** (50,693) 800,000 800,000
059500AM0 239,991 -** (16,551) 223,440 223,440
Total $ 1,420,397,884 $ 925,115,154 $ (532,095,131) $ 888,302,753 $ 452,976,340
*Projected cash flows are provided for securities impaired under SSAP 43R. If a cash flow was not obtainable and the security is held to
maturity, the fair value was used.
**These securities are deemed held for sale at September 30, 2009 and were marked to fair value.
***This security did not have readily available cash flows at September 30, 2009 and was marked to fair value.

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
NOTES TO FINANCIAL STATEMENTS
The following table lists loan-backed and structured securities held as of September 30, 2009 with other-than-temporary impairments
recognized in periods prior to the third quarter of 2009.
Book/Adj Carrying
Value Amortized Cost
Before Current Period
OTTI
Recognized Other-
Than-Temporary
Impairment
7.8
Amortized Cost
After Other-Than-
Temporary
Impairment Fair Value
CUSIP
Projected Cash
Flows *
00086YAU6 $ - $ - $ - $ - $ 6,745,491
004313AP7 - - - - 1,813,949
004421RV7 4,521,384 - - 4,521,384 2,460,834
004421VF7 - - - - 221,601
00764*AB2 - - - - 2,123,956
015386AA3 1,600,000 - - 1,600,000 2,550,000
015386AB1 4,105,149 - - 4,105,149 6,502,500
015386AD7 1,152,184 - - 1,152,184 1,674,469
015386AD7 1,390,250 - - 1,390,250 1,395,391
02148FAW5 18,373,905 - - 18,373,905 18,958,421
02148YAD6 13,611,388 - - 13,611,388 16,995,628
02149HAK6 16,415,706 - - 16,415,706 18,984,783
028909AC3 759,510 - - 759,510 981,842
02928#AV3 - - - - 9,759
02928#AW1 - - - - 58,710
02928#AX9 - - - - 33,272
02928#AY7 - - - - 13,978
02928#AZ4 - - - - 4,098
03762BAE7 2,080,170 - - 2,080,170 2,998,890
03762BAF4 573,120 - - 573,120 804,960
047445AE1 - - - - 4,064,733
05539KAF1 - - - - 2,063,080
058521AD7 - - - - 1,250,000
05947UJT6 278,914 - - 278,914 282,022
05947UJV1 221,935 - - 221,935 238,411
05947UMP0 259,633 - - 259,633 288,109
05947UMQ8 68,035 - - 68,035 75,863
05947UMR6 248,833 - - 248,833 248,833
05947UWC8 90,271 - - 90,271 98,499
05947UWD6 79,549 - - 79,549 75,409
059497AD9 374,628 - - 374,628 520,130
059497AE7 392,757 - - 392,757 533,070
05949AA67 3,103,822 - - 3,103,822 3,079,072
05949AA75 496,946 - - 496,946 431,514
05949AM23 1,960,904 - - 1,960,904 1,900,739
05949AM31 332,866 - - 332,866 326,405
05950VAT7 408,690 - - 408,690 570,000
065910AJ0 - - - - 7,303,171
06606BAM2 - - - - 6,108,770
07387BBS1 9,000,000 - - 9,000,000 13,605,400
07388PAQ4 669,599 - - 669,599 350,000
07388YBC5 607,596 - - 607,596 420,000
07388YBE1 578,112 - - 578,112 350,000
073945AS6 266,112 - - 266,112 220,230
10084PAD4 - - - - 6,408,000
12513YAR1 2,928,036 - - 2,928,036 3,219,930
12558MBP6 1,844,480 - - 1,844,480 1,844,486
12613KAJ8 944,400 - - 944,400 1,133,280
126378AG3 8,620,571 - - 8,620,571 9,185,848
126378AH1 9,886,001 - - 9,886,001 8,673,454
12667FR98 5,653,188 - - 5,653,188 1,443,241
12667G8B2 175,683 - - 175,683 171,740
12669DN87 1,265,031 - - 1,265,031 1,426,573
12669EWZ5 2,239,482 - - 2,239,482 1,667,892
152314DT4 320,882 - - 320,882 258,593
161546CL8 70,954 - - 70,954 298,531
161551FH4 408,331 - - 408,331 123,585
17310MAS9 553,034 - - 553,034 335,298

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
Book/Adj Carrying
Value Amortized Cost
Before Current Period
OTTI
NOTES TO FINANCIAL STATEMENTS
Recognized Other-
Than-Temporary
Impairment
7.9
Amortized Cost
After Other-Than-
Temporary
Impairment Fair Value
CUSIP
Projected Cash
Flows *
190749AN1 505,005 - - 505,005 283,085
20173MAQ3 675,373 - - 675,373 225,000
20173QAQ4 704,163 - - 704,163 755,848
20173QAR2 886,659 - - 886,659 615,430
20846QHR2 39,850 - - 39,850 39,850
21075WCJ2 831,840 - - 831,840 944,621
22540VHN5 1,478,994 - - 1,478,994 1,599,540
22544QAQ2 954,675 - - 954,675 1,181,571
22545DAL1 1,560,518 - - 1,560,518 3,745,500
22545LAR0 2,220,076 - - 2,220,076 1,957,486
22545LAT6 502,450 - - 502,450 565,941
22545LAV1 531,760 - - 531,760 318,300
22545MAL1 1,872,573 - - 1,872,573 1,521,968
22545MAM9 1,719,297 - - 1,719,297 1,245,760
22545MAP2 387,290 - - 387,290 180,000
22545XAP8 4,692,366 - - 4,692,366 2,474,576
22545XAQ6 3,497,335 - - 3,497,335 1,117,160
22545YAS0 1,924,391 - - 1,924,391 1,960,831
251510CY7 2,225,855 - - 2,225,855 2,307,147
251510ET6 1,603,970 - - 1,603,970 1,781,266
294751CV2 514,609 - - 514,609 351,872
294751DY5 717,480 - - 717,480 236,897
294751FC1 447,560 - - 447,560 341,242
30243QAD8 - - - - 5,041,950
30244TAC3 - - - - 925,114
30245AAJ8 - - - - 5,628,585
304727AF7 845,000 - - 845,000 975,000
312906VW7 - - - - 53,332
312906ZJ2 - - - - 6,728
312907AS7 - - - - 41,157
312907FW3 - - - - 161,511
312912AR9 - - - - 171,652
312915YZ8 - - - - 421,136
31358KEM6 - - - - 2,688
31358UT89 - - - - 94,877
31359BSU2 - - - - 55,752
35181*AJ6 - - - - 4,709,042
36157NBV5 - - - - 1,927,589
36228CDP5 218,135 - - 218,135 265,511
36228CDQ3 38,652 - - 38,652 81,123
3622ECAH9 3,022,136 - - 3,022,136 3,022,136
3622MSAC6 1,857,582 - - 1,857,582 450,000
362332AV0 1,883,485 - - 1,883,485 820,000
362334ME1 18,628,347 - - 18,628,347 17,700,853
363259AA0 9,919,569 - - 9,919,569 4,477,500
38500XAM4 409,354 - - 409,354 178,724
393505T77 - - - - 9,780,320
42332QAP8 173,019 - - 173,019 183,556
42332QAQ6 - - - - 26,339
46412QAD9 1,539,192 - - 1,539,192 1,213,316
46625M2W8 159,885 - - 159,885 169,649
46625M2Y4 154,667 - - 154,667 163,695
46625MR27 247,084 - - 247,084 164,156
46625MR35 97,045 - - 97,045 62,173
46625MR43 63,477 - - 63,477 59,043
46625MR50 92,059 - - 92,059 92,059
46625MZL6 220,331 - - 220,331 249,441
46625MZM4 132,042 - - 132,042 85,172
46625MZN2 55,072 - - 55,072 55,525
46625MZP7 150,130 - - 150,130 150,130
46625YQ97 822,082 - - 822,082 641,540

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
Book/Adj Carrying
Value Amortized Cost
Before Current Period
OTTI
NOTES TO FINANCIAL STATEMENTS
Recognized Other-
Than-Temporary
Impairment
7.10
Amortized Cost
After Other-Than-
Temporary
Impairment Fair Value
CUSIP
Projected Cash
Flows *
46628SAG8 13,704,630 - - 13,704,630 10,017,962
46629YAQ2 332,401 - - 332,401 740,160
46630AAC2 559,102 - - 559,102 332,500
46630AAG3 417,294 - - 417,294 255,000
46630JAU3 2,190,670 - - 2,190,670 2,090,020
46630JAW9 1,339,787 - - 1,339,787 1,931,638
48202RAG0 - - - - 6,923,700
50179AAM9 731,200 - - 731,200 240,000
50179AAN7 860,832 - - 860,832 274,500
50179AAS6 999,300 - - 999,300 299,640
50179MBT7 580,513 - - 580,513 580,513
50180CAV2 852,573 - - 852,573 420,000
50180CAW0 918,267 - - 918,267 431,760
50180JAL9 1,145,900 - - 1,145,900 577,500
50180JAM7 2,456,500 - - 2,456,500 1,232,500
50180JAR6 1,410,864 - - 1,410,864 750,000
52108MDU4 1,484,434 - - 1,484,434 560,000
52108RCK6 932,425 - - 932,425 950,356
52204PAW9 - - - - 5,051,946
52518RBE5 502,487 - - 502,487 709,871
52521RAS0 1,404,238 - - 1,404,238 1,447,707
53944MAC3 1,295,956 - - 1,295,956 210,000
55312TAQ6 627,674 - - 627,674 800,000
57643SAA9 - - - - 398
58550PAD8 - - - - 272,518
58550PAE6 - - - - 37
58959#AA3 - - - - 867,109
589929JS8 2,149,138 - - 2,149,138 2,149,138
59022HEC2 1,328,785 - - 1,328,785 1,730,855
59022HED0 296,534 - - 296,534 308,974
59022HEE8 203,585 - - 203,585 224,641
59022HEF5 151,812 - - 151,812 165,150
59022HEG3 99,327 - - 99,327 107,934
59022HEH1 42,760 - - 42,760 42,760
59022HEJ7 77,930 - - 77,930 77,930
59023BAM6 1,075,374 - - 1,075,374 360,000
59023BAN4 952,326 - - 952,326 350,000
60687VAN5 435,708 - - 435,708 455,986
617453AC9 663,731 - - 663,731 889,600
617453AD7 862,758 - - 862,758 1,151,927
61746WE71 513,177 - - 513,177 521,477
61746WE89 236,817 - - 236,817 250,600
61746WE97 448,822 - - 448,822 491,619
61746WF21 110,442 - - 110,442 87,923
61746WF39 115,666 - - 115,666 110,965
61749EAE7 9,222,414 - - 9,222,414 13,459,454
61749MAF6 380,111 - - 380,111 431,463
61749MAG4 296,163 - - 296,163 264,330
61749WAH0 4,053,122 - - 4,053,122 4,652,296
61749WAJ6 3,008,535 - - 3,008,535 2,416,605
61751NAR3 344,894 - - 344,894 412,596
61751XAL4 160,802 - - 160,802 247,776
61753JAM1 1,367,000 - - 1,367,000 981,400
61753JAN9 1,089,412 - - 1,089,412 587,680
61754JAN8 359,411 - - 359,411 286,340
627914AA2 - - - - 9,027,286
62827EAA8 - - - - 5,396,630
62827FAA5 - - - - 7,603,041
643529AD2 6,976,000 - - 6,976,000 9,068,384
652454BB4 8,018,989 - - 8,018,989 3,269,600
652454BC2 3,898,084 - - 3,898,084 1,607,550

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
Book/Adj Carrying
Value Amortized Cost
Before Current Period
OTTI
NOTES TO FINANCIAL STATEMENTS
Recognized Other-
Than-Temporary
Impairment
7.11
Amortized Cost
After Other-Than-
Temporary
Impairment Fair Value
CUSIP
Projected Cash
Flows *
674092AA9 - - - - 28,826
674135AX6 - - - - 557,905
674135EC8 - - - - 36,180
68400XBL3 149,722 - - 149,722 162,580
700696AC1 - - - - 481,756
70556JAE9 - - - - 5,316,150
70556MAC6 - - - - 17,711,908
70556MAD4 - - - - 35,394,208
70556MAE2 - - - - 17,419,348
70556RAD3 25,998,162 - - 25,998,162 23,346,315
723332AB8 - - - - 2,001,000
74438WAP1 183,871 - - 183,871 201,021
74438WAQ9 127,077 - - 127,077 127,189
74681@AK5 10,060 - - 10,060 208,811
74681@AL3 - - - - 8,971,900
74924PAJ1 390,535 - - 390,535 422,631
74924PAP7 - - - - 1,434
75115CAG2 4,664,556 - - 4,664,556 4,804,653
759950AV0 74,954 - - 74,954 257,748
760985U58 315,011 - - 315,011 223,311
760985U66 113,596 - - 113,596 34,397
760985U74 100,172 - - 100,172 5,347
76110H5M7 84,156 - - 84,156 125,372
76110HQT9 961,097 - - 961,097 565,745
76110VLD8 1,668,258 - - 1,668,258 1,305,165
76110VPJ1 1,411,574 - - 1,411,574 1,020,056
76110VPU6 603,353 - - 603,353 630,291
76110VTQ1 590,450 - - 590,450 590,450
76110WRG3 - - - - 199
76110WRX6 2,391,654 - - 2,391,654 565,205
76110WVT0 450,613 - - 450,613 417,666
76113GAC2 657,910 - - 657,910 310,730
76114DAE4 6,306,129 - - 6,306,129 12,921,303
79548KJH2 26,985 - - 26,985 21,878
79548KJJ8 25,361 - - 25,361 25,361
79548KJK5 12,468 - - 12,468 12,468
80104LBB5 - - - - 3,250,000
80104LBC3 - - - - 166,500
80104LBD1 - - - - 25,000
80382SCX4 - - - - 7,661
825703AH4 - - - - 16,608,405
84604CAE7 1,474,350 - - 1,474,350 1,046,147
85430LBX1 - - - - 16,715,200
87245AAD1 - - - - 28,546,350
87245WAE1 - - - - 2,901,314
92977QAQ1 1,061,828 - - 1,061,828 1,217,802
92978MAT3 612,285 - - 612,285 748,188
939344AN7 5,793,000 - - 5,793,000 5,964,964
93934DAQ0 35,528 - - 35,528 16,323
94980KAQ5 396,988 - - 396,988 623,533
Total $ 330,532,853 $ - $ - $ 330,532,853 $ 573,206,549
* Projected cash flows are provided for securities impaired under SSAP 43R adoption. Any other-than-temporary-impairment of loanbacked
and structured securities prior to this adoption do not reflect projected cash flow in the above table.

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
GENERAL INTERROGATORIES
(Responses to these interrogatories should be based on changes that have occurred since the prior year end unless otherwise noted)
PART 1 - COMMON INTERROGATORIES
GENERAL
1.1 Did the reporting entity experience any material transactions requiring the filing of Disclosure of Material Transactions with the State of
Domicile, as required by the Model Act?
1.2 If yes, has the report been filed with the domiciliary state?
2.1 Has any change been made during the year of this statement in the charter, by-laws, articles of incorporation, or deed of settlement of the
reporting entity?
2.2 If yes, date of change:
3. Have there been any substantial changes in the organizational chart since the prior quarter end?
If yes, complete the Schedule Y - Part 1 - organizational chart.
4.1 Has the reporting entity been a party to a merger or consolidation during the period covered by this statement?
4.2 If yes, provide the name of the entity, NAIC Company Code, and state of domicile (use two letter state abbreviation) for any entity that has
ceased to exist as a result of the merger or consolidation.
1
Name of Entity
2
NAIC Company Code
3
State of Domicile
5. If the reporting entity is subject to a management agreement, including third-party administrator(s), managing general agent(s), attorneyin-fact,
or similar agreement, have there been any significant changes regarding the terms of the agreement or principals involved?
If yes, attach an explanation.
6.1 State as of what date the latest financial examination of the reporting entity was made or is being made.
6.2 State the as of date that the latest financial examination report became available from either the state of domicile or the reporting entity. This
date should be the date of the examined balance sheet and not the date the report was completed or released.
6.3 State as of what date the latest financial examination report became available to other states or the public from either the state of domicile or
the reporting entity. This is the release date or completion date of the examination report and not the date of the examination (balance sheet
date).
6.4 By what department or departments?
The State of New York Insurance Department
6.5 Have all financial statement adjustments within the latest financial examination report been accounted for in a subsequent financial
statement filed with Departments?
6.6 Have all of the recommendations within the latest financial examination report been complied with?
7.1 Has this reporting entity had any Certificates of Authority, licenses or registrations (including corporate registration, if applicable) suspended or
revoked by any governmental entity during the reporting period?
7.2 If yes, give full information:
8.1 Is the company a subsidiary of a bank holding company regulated by the Federal Reserve Board?
8.2 If response to 8.1 is yes, please identify the name of the bank holding company.
8.3 Is the company affiliated with one or more banks, thrifts or securities firms?
8.4 If response to 8.3 is yes, please provide below the names and location (city and state of the main office) of any affiliates regulated by a federal
regulatory services agency [i.e. the Federal Reserve Board (FRB), the Office of the Comptroller of the Currency (OCC), the Office of Thrift
Supervision (OTS), the Federal Deposit Insurance Corporation (FDIC) and the Securities Exchange Commission (SEC)] and identify the
affiliate's primary federal regulator.
1
2
3 4 5 6 7
Affiliate Name
Location (City, State)
FRB OCC OTS FDIC SEC
!"#$ %& % ' ( ) $ *) ) %
"+),)+ !- . " ) ) "!- % ,)/ $ (( 0 1$ 0 1 %
!/2 3 !"- ", % ,)/ $ "/' 0 1$ 0 1 %
8

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
GENERAL INTERROGATORIES
9.1 Are the senior officers (principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing
similar functions) of the reporting entity subject to a code of ethics, which includes the following standards?
(a) Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional
relationships;
(b) Full, fair, accurate, timely and understandable disclosure in the periodic reports required to be filed by the reporting entity;
(c) Compliance with applicable governmental laws, rules and regulations;
(d) The prompt internal reporting of violations to an appropriate person or persons identified in the code; and
(e) Accountability for adherence to the code.
9.11 If the response to 9.1 is No, please explain:
9.2 Has the code of ethics for senior managers been amended?
9.21 If the response to 9.2 is Yes, provide information related to amendment(s).
9.3 Have any provisions of the code of ethics been waived for any of the specified officers?
9.31 If the response to 9.3 is Yes, provide the nature of any waiver(s).
FINANCIAL
10.1 Does the reporting entity report any amounts due from parent, subsidiaries or affiliates on Page 2 of this statement?
10.2 If yes, indicate any amounts receivable from parent included in the Page 2 amount: $
INVESTMENT
11.1 Were any of the stocks, bonds, or other assets of the reporting entity loaned, placed under option agreement, or otherwise made available for
use by another person? (Exclude securities under securities lending agreements.)
11.2 If yes, give full and complete information relating thereto:
12. Amount of real estate and mortgages held in other invested assets in Schedule BA: $
13. Amount of real estate and mortgages held in short-term investments: $
14.1 Does the reporting entity have any investments in parent, subsidiaries and affiliates?
14.2 If yes, please complete the following:
1
Prior Year-End
Book/Adjusted
Carrying Value
14.21 Bonds $ $
14.22 Preferred Stock $ $
14.23 Common Stock $ $
14.24 Short-Term Investments $ $
14.25 Mortgage Loans on Real Estate $ $
14.26 All Other $ $
14.27 Total Investment in Parent, Subsidiaries and Affiliates (Subtotal Lines 14.21 to 14.26) $ $
14.28 Total Investment in Parent included in Lines 14.21 to 14.26 above $ $
15.1 Has the reporting entity entered into any hedging transactions reported on Schedule DB?
15.2 If yes, has a comprehensive description of the hedging program been made available to the domiciliary state?
If no, attach a description with this statement.
8.1
2
Current Quarter
Book/Adjusted
Carrying Value

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
GENERAL INTERROGATORIES
16. Excluding items in Schedule E - Part 3 – Special Deposits, real estate, mortgage loans and investments held physically in the reporting
entity’s offices, vaults or safety deposit boxes, were all stocks, bonds and other securities, owned throughout the current year held pursuant
to a custodial agreement with a qualified bank or trust company in accordance with Section 3, III Conducting Examinations, E - Custodial or
Safekeeping Agreements of the NAIC Financial Condition Examiners Handbook?
16.1 For all agreements that comply with the requirements of the NAIC Financial Condition Examiners Handbook, complete the following:
1
Name of Custodian(s)
2
Custodian Address
! " # $ ! % & $
16.2 For all agreements that do not comply with the requirements of the NAIC Financial Condition Examiners Handbook, provide the name,
location and a complete explanation:
1
Name(s)
2
Location(s)
3
Complete Explanation(s)
16.3 Have there been any changes, including name changes, in the custodian(s) identified in 16.1 during the current quarter?
16.4 If yes, give full information relating thereto:
1
Old Custodian
2
New Custodian
3
Date of Change
4
Reason
16.5 Identify all investment advisors, brokers/dealers or individuals acting on behalf of broker/dealers that have access to the investment accounts,
handle securities and have authority to make investments on behalf of the reporting entity:
1
Central Registration Depository
2
Name(s)
3
Address
17.1 Have all the filing requirements of the Purposes and Procedures Manual of the NAIC Securities Valuation Office been followed?
17.2 If no, list exceptions:
At September 30, 2009, 35 issues for 30 issuers did not meet the filing requirements of the Purposes and Procedures
Manual. These issues currently lack one or more of the following: Valid CUSIP/PPN, audited financials and/or
executed legal documentation.
Exceptions totaled $658,211,985 or 0.445% of all long-term bonds and equity.
8.2

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
GENERAL INTERROGATORIES
PART 2 - LIFE & HEALTH
1. Report the statement value of mortgage loans at the end of this reporting period for the following categories: 1
Amount
1.1 Long-Term Mortgages In Good Standing
1.11 Farm Mortgages $
1.12 Residential Mortgages $
1.13 Commercial Mortgages $
1.14 Total Mortgages in Good Standing $
1.2 Long-Term Mortgages In Good Standing with Restructured Terms
1.21 Total Mortgages in Good Standing with Restructured Terms $
1.3 Long-Term Mortgage Loans Upon which Interest is Overdue more than Three Months
1.31 Farm Mortgages $
1.32 Residential Mortgages $
1.33 Commercial Mortgages $
1.34 Total Mortgages with Interest Overdue more than Three Months $
1.4 Long-Term Mortgage Loans in Process of Foreclosure
1.41 Farm Mortgages $
1.42 Residential Mortgages $
1.43 Commercial Mortgages $
1.44 Total Mortgages in Process of Foreclosure $
1.5 Total Mortgage Loans (Lines 1.14 + 1.21 + 1.34 + 1.44) (Page 2, Column 3, Lines 3.1 + 3.2) $
1.6 Long-Term Mortgages Foreclosed, Properties Transferred to Real Estate in Current Quarter
1.61 Farm Mortgages $
1.62 Residential Mortgages $
1.63 Commercial Mortgages $
1.64 Total Mortgages Foreclosed and Transferred to Real Estate $
9

10
1
NAIC
Company
Code
2
Federal
ID Number
3
Effective
Date
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE S - CEDED REINSURANCE
4
Name of Reinsurer
Showing All New Reinsurance Treaties - Current Year to Date
NONE
5
Location
6
Type of
Reinsurance
Ceded
7
Is Insurer
Authorized?
(Yes or No)

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
SCHEDULE T - PREMIUMS AND ANNUITY CONSIDERATIONS
Current Year To Date - Allocated by States and Territories
Direct Business Only
States, Etc.
Active
Status
1. Alabama AL
2. Alaska AK
3. Arizona AZ
4. Arkansas AR
5. California CA
6. Colorado CO
7. Connecticut CT
8. Delaware DE
9. District of Columbia DC
10. Florida FL
11. Georgia GA
12. Hawaii HI
13. Idaho ID
14. Illinois IL
15. Indiana IN
16. Iowa IA
17. Kansas KS
18. Kentucky KY
19. Louisiana LA
20. Maine ME
21. Maryland MD
22. Massachusetts MA
23. Michigan MI
24. Minnesota MN
25. Mississippi MS
26. Missouri MO
27. Montana MT
28. Nebraska NE
29. Nevada NV
30. New Hampshire NH
31. New Jersey NJ
32. New Mexico NM
33. New York NY
34. North Carolina NC
35. North Dakota ND
36. Ohio OH
37. Oklahoma OK
38. Oregon OR
39. Pennsylvania PA
40. Rhode Island RI
41. South Carolina SC
42. South Dakota SD
43. Tennessee TN
44. Texas TX
45. Utah UT
46. Vermont VT
47. Virginia VA
48. Washington WA
49. West Virginia WV
50. Wisconsin WI
51. Wyoming WY
52. American Samoa AS
53. Guam GU
54. Puerto Rico PR
55. U.S. Virgin Islands VI
56. Northern Mariana Islands MP
57. Canada CN
58. Aggregate Other Aliens OT XXX
59. Subtotal (a)
90. Reporting entity contributions for employee
benefits plans XXX
91. Dividends or refunds applied to purchase paidup
additions and annuities XXX
92. Dividends or refunds applied to shorten
endowment or premium paying period XXX
93. Premium or annuity considerations waived
under disability or other contract provisions XXX
94. Aggregate or other amounts not allocable by
State XXX
95. Totals (Direct Business) XXX
96. Plus Reinsurance Assumed XXX
97 Totals (All Business) XXX
98. Less Reinsurance Ceded XXX
99. Totals (All Business) less Reinsurance Ceded
DETAILS OF WRITE-INS
XXX
5801. XXX
5802. XXX
5803. XXX
5898. Summary of remaining write-ins for Line 58
from overflow page XXX
5899. Totals (Lines 5801 through 5803 plus
5898)(Line 58 above) XXX
9401. XXX
9402. XXX
9403. XXX
9498. Summary of remaining write-ins for Line 94
from overflow page XXX
9499. Totals (Lines 9401 through 9403 plus
9498)(Line 94 above) XXX
1 Life Contracts 4 5 6 7
2
3 Accident and
Health Insurance
Premiums,
Life Insurance
Premiums
Annuity
Considerations
Including Policy,
Membership
and Other Fees
Other
Considerations
Total
Columns
2 Through 5
Deposit-Type
Contracts
11

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
(a) Insert the number of L responses except for Canada and Other Alien.
Ordinary life insurance, individual accident and health, and individual annuity premiums allocated by current residence. Group life insurance, group annuity and group accidental
and health premiums allocated according to location of group contract holder.
11.1

12
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE Y - INFORMATION CONCERNING ACTIVITIES OF INSURER MEMBERS OF A HOLDING COMPANY GROUP
PART 1 - ORGANIZATIONAL CHART
NONE

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
SUPPLEMENTAL EXHIBITS AND SCHEDULES INTERROGATORIES
The following supplemental reports are required to be filed as part of your statement filing. However, in the event that your company does not transact the type of
business for which the special report must be filed, your response of NO to the specific interrogatory will be accepted in lieu of filing a “NONE” report and a bar code will
be printed below. If the supplement is required of your company but is not being filed for whatever reason enter SEE EXPLANATION and provide an explanation following
the interrogatory questions.
1. Will the Trusteed Surplus Statement be filed with the state of domicile and the NAIC with this statement?
2. Will the Medicare Part D Coverage Supplement be filed with the state of domicile and the NAIC with this statement?
3. Will the Reasonableness of Assumptions Certification required by Actuarial Guideline XXXV be filed with the state of domicile and
electronically with the NAIC?
4. Will the Reasonableness and Consistency of Assumptions Certification required by Actuarial Guideline XXXV be filed with the state of
domicile and electronically with the NAIC?
5. Will the Reasonableness of Assumptions Certification for Implied Guaranteed Rate Method required by Actuarial Guideline XXXVI be
filed with the state of domicile and electronically with the NAIC?
6. Will the Reasonableness and Consistency of Assumptions Certification required by Actuarial Guideline XXXVI (Updated Average
Market Value) be filed with the state of domicile and electronically with the NAIC?
7. Will the Reasonableness and Consistency of Assumptions Certification required by Actuarial Guideline XXXVI (Updated Market Value)
be filed with the state of domicile and electronically with the NAIC?
Explanation:
1. The Company is not a U.S. branch of a Non-U.S. Insurer.
2.
3.
4.
5.
6.
7.
Bar Code:
2. Medicare Part D Coverage Supplement [Document Identifier 365]
3. Reasonableness of Assumptions Certification required by Actuarial Guideline
XXXV [Document Identifier 445]
4. Reasonableness and Consistency of Assumptions Certification required by
Actuarial Guideline XXXV [Document Identifier 446]
5. Reasonableness of Assumptions Certification for Implied Guaranteed Rate
Method required by Actuarial Guideline XXXVI [Document Identifier 447]
6. Reasonableness and Consistency of Assumptions Certification required by
Actuarial Guideline XXXVI [Document Identifier 448]
7. Reasonableness and Consistency of Assumptions Certification required by
Actuarial Guideline XXXVI (Updated Market Value) [Document Identifier 449]
13
Response

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
OVERFLOW PAGE FOR WRITE-INS
Additional Write-ins for Liabilities Line 25
2504.
2505.
2597. Summary of remaining write-ins for Line 25 from overflow page
Additional Write-ins for Summary of Operations Line 8.3
08.304. ! " !
08.397. Summary of remaining write-ins for Line 5 from overflow page ! " !
14

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
SCHEDULE A - VERIFICATION
1. Book/adjusted carrying value, December 31 of prior year
2. Cost of acquired:
2.1 Actual cost at time of acquisition
2.2 Additional investment made after acquisition
3. Current year change in encumbrances
4. Total gain (loss) on disposals
5. Deduct amounts received on disposals
6. Total foreign exchange change in book/adjusted carrying value
7. Deduct current year’s other than temporary impairment recognized
Real Estate
8. Deduct current year’s depreciation
9. Book/adjusted carrying value at the end of current period (Lines 1+2+3+4-5+6-7-8)
10. Deduct total nonadmitted amounts
11. Statement value at end of current period (Line 9 minus Line 10)
SCHEDULE B - VERIFICATION
Mortgage Loans
1. Book value/recorded investment excluding accrued interest, December 31 of prior year
2. Cost of acquired:
2.1 Actual cost at time of acquisition
2.2 Additional investment made after acquisition
3. Capitalized deferred interest and other
4. Accrual of discount
5. Unrealized valuation increase (decrease)
6. Total gain (loss) on disposals
7. Deduct amounts received on disposals
8. Deduct amortization of premium and mortgage interest points and commitment fees
9. Total foreign exchange change in book value/recorded investment excluding accrued interest
10. Deduct current year’s other than temporary impairment recognized
11. Book value/recorded investment excluding accrued interest at end of current period (Lines 1+2+3+4+5+6-7-8+9-10)
12. Total valuation allowance
13. Subtotal (Line 11 plus Line 12)
14. Deduct total nonadmitted amounts
15. Statement value at end of current period (Line 13 minus Line 14)
1. Book/adjusted carrying value, December 31 of prior year
2. Cost of acquired:
2.1 Actual cost at time of acquisition
2.2 Additional investment made after acquisition
3. Capitalized deferred interest and other
SCHEDULE BA - VERIFICATION
Other Long-Term Invested Assets
4. Accrual of discount
5. Unrealized valuation increase (decrease)
6. Total gain (loss) on disposals
7. Deduct amounts received on disposals
8. Deduct amortization of premium and depreciation
9. Total foreign exchange change in book/adjusted carrying value
10. Deduct current year’s other than temporary impairment recognized
11. Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5+6-7-8+9-10)
12. Deduct total nonadmitted amounts
13. Statement value at end of current period (Line 11 minus Line 12)
SCHEDULE D - VERIFICATION
Bonds and Stocks
1. Book/adjusted carrying value of bonds and stocks, December 31 of prior year
2. Cost of bonds and stocks acquired
3. Accrual of discount
4. Unrealized valuation increase (decrease)
5. Total gain (loss) on disposals
6. Deduct consideration for bonds and stocks disposed of
7. Deduct amortization of premium
8. Total foreign exchange change in book/adjusted carrying value
9. Deduct current year’s other than temporary impairment recognized
10. Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9)
11. Deduct total nonadmitted amounts
12. Statement value at end of current period (Line 10 minus Line 11)
SI01
1
Year to Date
1
Year to Date
1
Year to Date
1
Year to Date
2
Prior Year Ended
December 31
2
Prior Year Ended
December 31
2
Prior Year Ended
December 31
2
Prior Year Ended
December 31

SI02
BONDS
1. Class 1 (a)
2. Class 2 (a)
3. Class 3 (a)
4. Class 4 (a)
5. Class 5 (a)
6. Class 6 (a)
7. Total Bonds
PREFERRED STOCK
8. Class 1
9. Class 2
10. Class 3
11. Class 4
12. Class 5
13. Class 6
14. Total Preferred Stock
15. Total Bonds and Preferred Stock
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 1B
Showing the Acquisitions, Dispositions and Non-Trading Activity
During the Current Quarter for all Bonds and Preferred Stock by Rating Class
1
Book/Adjusted
2
3
4
Carrying Value Acquisitions Dispositions Non-Trading Activity
Beginning
During
During
During
of Current Quarter Current Quarter Current Quarter Current Quarter
5
Book/Adjusted
Carrying Value
End of
First Quarter
6
Book/Adjusted
Carrying Value
End of
Second Quarter
7
Book/Adjusted
Carrying Value
End of
Third Quarter
(a) Book/Adjusted Carrying Value column for the end of the current reporting period includes the following amount of non-rated short-term and cash equivalent bonds by NAIC designation: NAIC 1 $ ; NAIC 2 $ ; NAIC 3 $ ;
NAIC 4 $ ; NAIC 5 $ ; NAIC 6 $
8
Book/Adjusted
Carrying Value
December 31
Prior Year

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
SCHEDULE DA - PART 1
Short-Term Investments
1
2
Book/Adjusted
Carrying Value
Par Value
9199999 Totals XXX
1. Book/adjusted carrying value, December 31 of prior year
2. Cost of short-term investments acquired
3. Accrual of discount
4. Unrealized valuation increase (decrease)
5. Total gain (loss) on disposals
6. Deduct consideration received on disposals
7. Deduct amortization of premium
8. Total foreign exchange change in book/adjusted carrying value
9. Deduct current year’s other than temporary impairment recognized
3
Actual Cost
SCHEDULE DA - VERIFICATION
Short-Term Investments
10. Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9)
11. Deduct total nonadmitted amounts
12. Statement value at end of current period (Line 10 minus Line 11)
SI03
4
Interest Collected
Year-to-Date
1
Year To Date
5
Paid for
Accrued Interest
Year-to-Date
2
Prior Year Ended
December 31

SI04
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
!
Fair Value CUSIP
Description
Value Fair Value
" ! # $ $
% ! ! &
( ) * & +,-
' % ' ( ( $ $
. $* & +,-
( ( $ $
" !
!
# $ $
% ! ! &
. $* & +,-
/
' % ' ( ( $ $
" !
!
# $ $
% ! ! &
. $* & +,-
' % ' ( ( $ $
" ( * & +,-
( ( $ $
" !
!
# $ $
% ! ! &
. $* & +,-
0
' % ' ( ( $ $
"* ( * &
( )( +,- $ $
!" ( * &
+,- $ $
)
0
0
/
/
(*.(
" !
!
# $ $
% ! ! &
' % ' ( (
( (
" !
!
# $ $
% ! ! &
' % ' ( (
( (
" !
!
# $ $
% ! ! &
' % ' ( (
!
" ! # $ $
% ! ! &
.(1)(
' % ' (2 (
!
" ! # $ $
% ! ! &
' % ' ( 3(
( (
" !
!
# $ $
% ! ! &
' % ' )( (
!" ( ! *
" . & +,- $ $
* ( & +,-
$ $
* ( 1 *
& +,- $ $
* " ( ) .
& +,- $ $
( * &
+,- $ $
" ( )
. & +,- $ $
" " ( * 1 *
& +,- $ $
* " ( * 1 *
& +,- $ $
. $* & +,-
$ $
" ( 1 *
& +,- $ $
12
NAIC Designation or
Other Description

SI04.1
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
/ $ $
$ $
$ ( $ $
0 1 0
/ 20 $
/ 20
$ 0 $ $ $
$ 3 ) $
! " "
# $ %
& # & ' '
' '
' '
$ ' '
! " "
#$ $ %
& #$ & $ ' '
! " "
# $ %
& # & ' '$
' '$
' '$
! " "
#$ $ %
& #$ & ' '$
' '$
( ") % *+,
" " $
( ") % *+,
" "
( ") % *+,
" "
' - . )
% *+, " " $
) ' ) . )
% *+, " " $ $ $
0 ' ) %
*+, " " $
0 ' ) %
*+, " " $
0 ' ) %
*+, " " $
0 ' ) %
*+, " " $ $ $
0 ' ) %
*+, " " $
( !
" " #
% & #$ & ' ' ( ") % *+, " " $
0 1 0
! " "
# %
& # & ' ' ( ") % *+, " " $ $
!
20
" "
# $ %
& ' ' ( ") % *+, " " $ $
!
20
" "
# $ %
& $$ ' ' ( ") % *+, " "
0
! " "
# %
1 ( )
& # & $ $ ' '
% *+, " " $ $ $
)
! " "
# $ %
& ' ' ( ") % *+, " " $
12
NAIC Designation or
Other Description

SI04.2
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
+
+
+ / . / "
/+ ' "
0/
'+ / -
1 / . / "
/ ' "
1 0 /
, ' "
/ "
2+ $" " -" ,
!
" # $ % & &
!
" # $ % ! % &, &
!
" # $ % &' &
/ . /
"
! " # $
% ! % &, &
' "
! " # $
% &, &
0/
' " # ()*
- . '
" # ()*
&
" # ()*
- . '
" # ()*
- . '
" # ()*
! " # $
% & & ' # ()*
/
-
!
' " # ()*
" # $ % & &
/ . /
"
! " # $
% ! % & & ' # ()*
' "
! " # $
% & & ' # ()*
0
/
!
0 ' & 0
" # $ % & & " # ()*
' "
! " # $
% & &
/ "
& &
! " # $
% ! % &, &
$" " -"
,
! " # $
% ! % &'3&
3&3 &
' " # ()*
' " # ()*
- . '
" # ()*
&/3
" # ()*
- & '
" # ()*
12
NAIC Designation or
Other Description

SI04.3
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
!
Fair Value CUSIP
Description
Value Fair Value
" ! # $ $
% ! ! &
( *
' % ' (")(
& +,- $ $
( *
(")(
& +,- $ $
* " ( * / & +,-
( .( $ $
" !
!
# $ $
% ! ! &
" ( * / &
0
' % ' (* ( +,- $ $
" !
!
# $ $
% ! ! &
" " ( . !
10
' % ' 2( (
& +,- $ $
" !
!
# $ $
% ! ! &
" ( * /
0
' % ' 1( (
& +,- $ $
" ( * *
1( (
& +,- $ $
" " ( * !
*( )(
& +,- $ $
" !
!
# $ $
% ! ! &
" ( !
0*
' % ' ( (
& +,- $ $
* * ( / 1
2( (
& +,- $ $
* * ( / 1
2( (
& +,- $ $
* " ( &
+,- $ $
0
0
/
3 2
( 2(
" !
!
# $ $
% ! ! &
' % ' ( 2(
*( 2(
" !
!
# $ $
% ! ! &
' % ' ( (
!
" ! # $ $
% ! ! &
"( (
' % ' ( (
!
" ! # $ $
% ! ! &
' % ' (* (
( 2(
!"" ( *
& +,- $ $
" " ( !
& +,- $ $
* " ( * / 1
& +,- $ $
" ( !
& +,- $ $
* " ( " /
& +,- $ $
" (2/ / 1
& +,- $ $
* " ( *
& +,- $ $
12
NAIC Designation or
Other Description

SI04.4
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
, !(
/ -
/ -
! " # #
$ %
& $ & ' '
!
!(
"
# # $
% & $ & ' '
- ! "
# # $
% & ' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
' '
- ! "
# # $
% & ' '
' '
' '
' '
( ! ' !
% )*+ # #
- . - %
)*+ # #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
# #
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
0 #( % )*+
12
NAIC Designation or
Other Description

SI04.5
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
! " #"# # " "
! " + " # " " +
$ % & '
! " ( ' )
" * # " + " # ' ' $"
+ , "+- "-#
!(
$ % & '
! " ( ' )
" * # " + " # ' ' $"
+ , "- " -- . +
. +
. +
. +
. +
. +
. +
. +
. +
- +
+ " #"# # " "
- +
+
- +
+
- +
+
- +
+
- +
+
- +
+
-
- -
+ " + " # " +"+
- -
+
- -
+
- -
+
- -
+
- -
+
- -
+
- -
+
- -
+
12
NAIC Designation or
Other Description

SI04.6
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
!" # $ $ $ $%
" !" # $ $ $ $
#% !" # $ % $ $ %%$
#% !" # %$ $ $ %$
% . ( &! ) " ( $ $ % $ $
/ ( &! ) )& * ! %$ $ $ $
! & ' ( ) !"
# $ *! !) +
$ , % $ $ % ) !) &$
! - $ $ % $ $ $ $
! & ' ( ) !"
# $ *! !) +
$ , %$% $ % ) !) &$
! - $ $ $ $ $ % $
#*
! & ' ( ) !"
# $ *! !) +
$ , $ $% ) !) &$
! - $ $ (
(
! & ' ( ) !"
# $ *! !) +
$ , $ $% ) !) &$
! - $ % $ (
! & ' ( ) ( &!
) " ( $ *! !) +
$ , $ $ ) !) &$
! - $ % (
! & ' ( ) ( &! )
)& * ! $ *! !) +
$ , $ $ ) !) &$
% ! - $ (
#*
(
(
%
%
%
%
%
%
%
$ % $ $% $
%$ $ $% $
$ $ % $ $
%$ $ $ $
12
NAIC Designation or
Other Description

SI04.7
!
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
, !
( ! ! !!
- ! !
-
! , . !
- !! !
! , /
! , .(
! "
# $ % & ! ! ' '
! "
# $ % & !! ! ! ! ' '
! "
!# $ % & " & ! ! ' '
(
"!
!
# $ %
& ! ! ! ' '
! " !# $
% & "! & ! ! ' '
!
" !#! $ %
& " & ! ! ' '
! "
!# $ % & "! & ! ! ' '
.
! "
# $ % & " & ! ! ' '
!
"! !# $ %
& ! ! ! ' '
/
! "
# $ % & ! ! ! ' '
.(
! "
# $ % & ! ! ! ' '
%
! "
% ! !# $ % & " !& ! ! ' '
#
!
" !# $ %
- # ! & ! !! ! ! ' '
! - /
/
! "
# $ % & ! ! ! ' '
( # $ )*+
! !
( # $ )*+
! !
( # $ )*+
! !
( # $ )*+
! ! !! ! ! !
( # $ )*+
! !
( # $ )*+
! !
( # $ )*+
! !
( # $ )*+
! !
( # $ )*+
! ! !! ! ! !
( # $ )*+
! !
( # $ )*+
! !
( # $ )*+
! !
( # $ )*+
! !
( # $ )*+
! !
12
NAIC Designation or
Other Description

SI04.8
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
##''#'&+# & , - % '
' . - ! - , ' ''#
' . ' ! - , # # #
' . ! ! - , # # '
' . / ! - , # ' ' #
! " # " $ $
&
, - %
' ! " ' ' " $ $
! -
,
#'
! " ## $ $
! -
,
#'
! " ## $ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
! -
,
# #' #
# ! " ' $ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
! -
,
#'
' ! " ' $ $
% & # ' ()*
' '
% & # ' ()*
' '
% & ' ' ()*
' ' ' ' '
% & ' ()*
' # #
% & ' ()*
'
% & ' ()*
'
% & ' ()*
'
% & ' ()*
'
% & ' ()*
'
% & ' ()*
'
% & ' ()*
'
'
'
'
'
'
'
'
'
'
'
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
% & ' ' ()*
' # ' ' ' ' '
12
NAIC Designation or
Other Description

SI04.9
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
!" # $% %$$ $% $%
!" # ,% $% , $ % , %
. !" # $% % % ,,%
$ !" # %, % $ % %
! & ' ( !"
# % )! !( *
% + $%$ ,% $ ( !( &%
$ ! - % % , $% %$$ % %
! & ' ( !"
# % )! !( *
% + % %$ ( !( &%
$ ! - % %, ,% $% , $ % % ,
! & ' ( !"
# % )! !( *
% + % %$ ( !( &%
$ ! - % % $% % % % ,
"
! & ' ( !"
# % )! !( *
% + % %$ ( !( &%
! - %,$ % %, % $ %, % $
"
/
, ,
! .% $
12
NAIC Designation or
Other Description

SI04.10
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
! !" # $ % $ & & ' &$ &
!) !" # $ % $ &$$$& $ & &
! ! ( ) !" # $
% & ! *
& + $ & &$ &
" ! , & & $ & & ' '& '&
' -
' -
' '
' #
$ ' ) '
$ !
$ !0
$ $
! ! ( ) !" # $
% & ! *
& + $ & &$ &
' " ! , & & '
' /
' /
' /
'
' !
' #
' #
$
$
$ %
'$ 0
'$ (
- % . - % ! $
$ $
- % . - % ! $
$ $
- % . - % ! $
/ )
) ' / )
#% . )(
$
#% . )(
#% . )(
$
! ) ( . #% # #
! ) ( . #% # #
! ) ( . #% # #
! ) ( . #% # #
! ) ( . #% # #
$
% # # #
'
% # # #
% # # #
! # # . # #
! # # . # #
! # # . # #
% )( (
# # '
% )( (
# # $ '
$ &$$$& $ & &$$
12
NAIC Designation or
Other Description

SI04.11
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
! "
# # $
% & ' ('
' ('
' -'
' '
' '
'. '
'. '
'. '
' '
'./'
'.-'
'.-'
'. '
'. '
'. '
'./'
'./'
'.0'
'.0'
' .'
'.('
' '
' '
' .'
' ('
! "
# # $
% & ' '
) !
% *+, # #
) !
% *+, # #
!
% *+, # #
) !
% *+, # #
) !
% *+, # #
) !
% *+, # #
) !
% *+, # #
) !
% *+, # #
! %
*+, # #
!
% *+, # #
) !
% *+, # #
) !
% *+, # #
! %
'!
*+,
'!
# #
! % *+,
'!
# #
! % *+,
'!
# #
! % *+, # #
'!
! % *+, # #
) !
% *+, # #
) !
% *+, # #
! %
*+, # #
) !
% *+, # #
'!
! % *+, # #
'!
! % *+, # #
'!
! % *+, # #
'
! % *+, # #
# #
! % *+,
12
NAIC Designation or
Other Description

SI04.12
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
!"#$ #% & ' ' ' '
!"#0 #% & !' ' ! ' '
!
# # $ ( #%
& ' # )
' * ' ' '
% # + ' ! ' # ' ' ' ! '
# & (
!
!
-. !
! !
#$ , #
! !
! ! !
- !
0 ,
! /
!
& 1
! -.
!
# # $ ( #%
& ' # )
' * ' ' '
# & (
% # + ' !'! !
! !' ' ! ' '!
# & (
! !
!!
# & (
! !
!!
# & (
! 2
!
# & ( !
!
!
& $ #
-#
& $ #
-#
& $ #
-#
#$ , #
!
! !
#$ , #
!
! !
-. !
#2
#2
-. !
-. !
$- 0 #
!
$- 0 #
!
12
NAIC Designation or
Other Description

SI04.13
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
* % ) " ) & " +" + ! + +
* 1 % ) " ) & " + + ! ! + +
!!
(
!! $
!!
$ , ) % ) "
) & + ) ) -
# !# ! + ." + + ) ) +
! " $ % / +! + " !!
""
""
""
%
%
!
" ! & !
!!
!!
!!
!!
!! $
!! $
!! $
!! $$
$ , ) % ) "
) & + ) ) -
# !# ! + ." + + ) ) +
! $ % / + !"+ " 2
! !
!"#! # ! $
!"#! # ! $
! #! # ! $
& '
!"#! # ! $
& '
!"#! # ! $
) )
! #! # ! $
& ) ) $
! #! # ! $
& ) ) $
! # # ! $
$ ) ) )
! #! # ! $
& ) ) $
! #! # ! $
& ) ) $
! #! # ! " +" + ! + + $
( ) 0 ) $
!#! # ! $
( ) 0 ) $
!#! # ! $
( ) 0 ) $
!#! # ! $
( ) 0 ) $
! # # ! $
) 0 $ "
!#! # ! $
& ) ) $
! #! # ! $
& ) ) $
! # # ! $
& ) ) $
! # # ! $
& ) ) $
! # # ! $
& ) ) $
! # # ! $
& ) ) $
! # # ! $
& ) ) $
! # # ! $
& ) ) $
! # # ! $
'
! #! # !
)
" + + ! ! + ! +" $
! # # ! $
12
NAIC Designation or
Other Description

SI04.14
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
, % " $ ! % ! -! - ! -! - !
, " $ ! % ! - - - ! -
! "
! %
# ' " $ !
% - .
- /! - - #-
" 0 - - !! !
# ' " $ !
% - .
- /! - - #-
" 0 -! - !
!
)
(
*
*
+
! *%
!!
1
"
*
*
!
!
# $% & '
# $% & '
!
*# + # & $
$ !
# ' $ $
% '
$ $
% #
% #
% # # &$ $ $
# ' & # $% $ $
# ' & # $% $ $
$ $ & $ $
#
!
' & # $% $ $
# ' $ $
1 $ # $ $
1 $ # $ $
% #
% #
% #
# ' & # $% $ $
%
$ $
'
1 $ #
1 $ #
! -! - ! !- -
! - - - ! - !
12
NAIC Designation or
Other Description

SI04.15
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
( )# # $ # " $ * * $* * !
( )# # $ # " $ * %*! * $*%
' & )# # $
# " * +
* ,$%* !* % *
! "
!
$$
$$
!
"
#$ !
"
# %
& ' &
# !
& ' & #
!
#$ ) - * * % # ! $ * * %* * $
%%
" &'
# %
!
"
! . % # ! !
" /
! % ) % #
& ' / "
0 ! #%
& ' &
$$
# !
"
! !
$ %
&&
%#
& & #%
$ !
%
& 0 / #!
% 1 %
%
& 0
% !
#! ! !
& 0 / #
% 1
!
& & #
$ . % !
' & )# # $
# " * +
* ,$%* !* % *
#$ ) - * ! *!$ $ # $ * %*! $!* %*! $
$ #
$ #
$ #%
$ " #
$ " #
!
12
NAIC Designation or
Other Description

SI04.16
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
$ % # & " # ' ' ' '
$ % # & " # ' ' ! '! '
#" # # " "
! "
" # " (#) % # &
" # ' " * #" #" +
' , ' '! " # '
% #" - ' ' ' ' ' '
#
*
.(
.(
.(
.(
* ## !
#
" # " (#) % # &
" # ' " * #" #" +
' , ' '! " # '
% #" - ' ' ! #
#
! #
! #*
! ##
/ #
#"
/ # !
! !
! #
"# "
( " ) (
( " ) (
( " ) (
( " ) (
( &#
# #.#*# ) (
* #* # &
* #* # &
#" # "# &# & "
! ' ' ! ' '
#" # "# &# & "
!
#" # "# &# & "
!
" # *# ) (
*.
!
" ) (
" " #" # &#
" " #" # &#
!
& # #
!
" "#" )0 !
12
NAIC Designation or
Other Description

SI04.17
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
'( )' * & + +' '+! +
'( * & + ''+ ' !+ +!
'( * & / + + !+ +
#
" $ *
& + ,
+ - + +! +
" * . + +! ' !
#
' !
' !
' )
' '''! "/
' '''! "/
" $ *
& + ,
+ - + +! +
" * . + + ' '''!
! ! #$
! ! #0 !
! "
$ $ % &
' ' "
$ $ % &
' ' "
# $
' '' + +' +' + "
# $
' '' "
# $
' '' "
# $
"
$ 0
! ' "
$ 0
! ' "
0
' "
" $
" $
$ 0
' ' + ''+ ' + + "
' "
' !' ' ' "
) & %
#
'! "
) & %
#"
' "
) & %
#"
' "
) & %
#
"
$ $ % &
#
'
&
' "
! & ) '
! "
" $ *
& + ,
+ - + +! +
!
" * . + + ! /
' + + + + ' "
!
! /
' "
!
! /
' "
# 1 %
!!
! "
0
! ' ' '
'! "
"
12
NAIC Designation or
Other Description

SI04.18
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 1
Replicated (Synthetic) Assets Open
Replicated (Synthetic) Asset Components of the Replicated (Synthetic) Asset
1 2 3 4 5 Derivative Instruments Open Cash Instrument(s) Held
6
7
8
9
10
11
Replication
NAIC Designation or Statement
Statement
RSAT Number Description
Other Description
Value Fair Value
Description
Fair Value CUSIP
Description
Value Fair Value
$$
'
'
!
!
!
!
!
"#$ % & # '
"#$ % & # '
"#$ % & # '
"#$ % & # '
"#$ % & # '
"#$ % &
"& # # '
"& # # '
"& # # '
"& # # '
) " * & # # '
$(
"" #
! # (
' ' # * " ', !
( . ' /
. 0! . . .
" & # # '
+ ', ! ( - ! . . !.! . ! , ' 1 . . !
! . . . . !
" & # # '
!
" & # # '
!
" & # # '
!
" & # # '
!
" & # # '
!
'#) # # '
!! '
9999999 - Totals .! . . . . . ! XXX . . XXX XXX . . . . . . ! XXX
12
NAIC Designation or
Other Description

SI05
1. Beginning Inventory
2. Add: Opened or Acquired Transactions
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART F - SECTION 2
Reconciliation of Replicated (Synthetic) Assets Open
First Quarter Second Quarter Third Quarter Fourth Quarter Year-to-Date
1
2
3
4
5
6
7
8
9
10
Total Replicated
Total Replicated
Total Replicated
Total Replicated
Total Replicated
(Synthetic) Assets
(Synthetic) Assets
(Synthetic) Assets
(Synthetic) Assets
(Synthetic) Assets
Number of Positions Statement Value Number of Positions Statement Value Number of Positions Statement Value Number of Positions Statement Value Number of Positions Statement Value
3. Add: Increases in Replicated Asset Statement Value XXX XXX XXX XXX XXX
4. Less: Closed or Disposed of Transactions
5. Less: Positions Disposed of For Failing Effectiveness
Criteria
6. Less: Decreases in Replicated (Synthetic) Asset
Statement Value XXX XXX XXX XXX XXX
7. Ending Inventory

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
SCHEDULE E - VERIFICATION
1. Book/adjusted carrying value, December 31 of prior year
2. Cost of cash equivalents acquired
3. Accrual of discount
4. Unrealized valuation increase (decrease)
5. Total gain (loss) on disposals
6. Deduct consideration received on disposals
7. Deduct amortization of premium
8. Total foreign exchange change in book/adjusted carrying value
9. Deduct current year’s other than temporary impairment recognized
Cash Equivalents
10. Book/adjusted carrying value at end of current period (Lines 1+2+3+4+5-6-7+8-9)
11. Deduct total nonadmitted amounts
12. Statement value at end of current period (Line 10 minus Line 11)
SI06
1
Year To Date
2
Prior Year Ended
December 31

E01
1
Description of Property
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE A - PART 2
2
City
Location
Showing All Real Estate ACQUIRED and Additions Made During the Current Quarter
4 5 6 7 8 9
3
State
Date
Acquired Name of Vendor
Actual Cost at
Time of Acquisition
Amount of
Encumbrances
Book/Adjusted
Carrying Value
Less Encumbrances
! "# $
! # ! !
" % # & # !
& # ' ' " !
& # ' ' !!
" & # ' ' "
""! & # ' ' "
" % ' # # # ' ' ! ! " "
" ( ' ' ! "
!! # # # # ! ! !
""! # & ! "
' ' # '
" "" # # ## "
" #& & # ##
" # & % %
# & % #% % !
" )# # # !
" # )# # # # * " ! +
# ) # # # # !
# # & # # # # " !"
! # ' # '' !
" # # ' # '' "
# # # ! * !" +
" " & ( &
" % # & !
" % # * + # & !
& # % ' # & * +
" " % # # # & !!
' & ! " " !!
& # & & ! !
0199999. Acquired by Purchase "" !
0399999 - Totals "" !
SCHEDULE A - PART 3
Showing All Real Estate DISPOSED During the Quarter, Including Payments During the Final Year on “Sales Under Contract”
1 Location 4 5 6 7 8 Change in Book/Adjusted Carrying Value Less Encumbrances 14 15 16 17 18 19 20
2
3
Expended
9 10 11 12 13
for Book/
Total Book/
Gross
Additions, Adjusted
Total Foreign Adjusted
Income
Permanent Carrying
Current
Change in Exchange Carrying
Foreign
Earned
Improve- Value Less
Year’s Current Book/ Change in Value Less
Exchange Realized Total Less Taxes,
ments and Encum- Current Other Than Year's Adjusted Book/ Encum- Amounts Gain Gain Gain Interest Repairs
Changes brances Year’s Temporary Change in Carrying Adjusted brances Received (Loss) (Loss) (Loss) Incurred on and
Disposal
Actual in Encum- Prior Depre- Impairment Encum- Value Carrying on During on on on Encum- Expenses
Description of Property City
State Date Name of Purchaser Cost brances Year ciation Recognized brances (11-9-10) Value Disposal Year Disposal Disposal Disposal brances Incurred
! # ! ,-./01/23 !
4/24 %564 78.019531
Additional
Investment
Made After
Acquisition

E01.1
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE A - PART 3
Showing All Real Estate DISPOSED During the Quarter, Including Payments During the Final Year on “Sales Under Contract”
1 Location 4 5 6 7 8 Change in Book/Adjusted Carrying Value Less Encumbrances 14 15 16 17 18 19 20
2
3
Expended
9 10 11 12 13
for Book/
Total Book/
Gross
Additions, Adjusted
Total Foreign Adjusted
Income
Permanent Carrying
Current
Change in Exchange Carrying
Foreign
Earned
Improve- Value Less
Year’s Current Book/ Change in Value Less
Exchange Realized Total Less Taxes,
ments and Encum- Current Other Than Year's Adjusted Book/ Encum- Amounts Gain Gain Gain Interest Repairs
Changes brances Year’s Temporary Change in Carrying Adjusted brances Received (Loss) (Loss) (Loss) Incurred on and
Disposal
Actual in Encum- Prior Depre- Impairment Encum- Value Carrying on During on on on Encum- Expenses
Description of Property
0199999. Property Disposed
City
State Date Name of Purchaser Cost brances Year ciation Recognized brances (11-9-10) Value Disposal Year Disposal Disposal Disposal brances Incurred
0399999 - Totals

E02
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 2
Showing All Mortgage Loans ACQUIRED During the Current Quarter
1 Location 4 5 6 7 8 9
2
3
Additional
Loan
Actual Cost at
Investment Made
Value of Land
Loan Number
City
State
Type Date Acquired Rate of Interest Time of Acquisition
After Acquisition
and Buildings
!
" # #
!
$
% !
0599999. Mortgages in good standing - Commercial mortgages-all other
0899999. Total Mortgages in good standing
1699999. Total - Restructured Mortgages
2499999. Total - Mortgages with overdue interest over 90 days
3299999. Total - Mortgages in the process of foreclosure
3399999 - Totals
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
%
& %
&
' '
" # # ( )
!
!
"
0199999. Mortgages closed by repayment ( )
%
*
*
*
% *
% *
% *
*
*
*

E02.1
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
"
"
!
!
!
!
"
"
!
"
"
"
"
"
"
"
! !
!
! #
! #
!
!
!
!
"
"
"
"
"
"
"
! "
! "
! "
! "
! "

E02.2
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
!
!
"
" !
" !
!
!
!
!
!
!
"
" !
" !
" !
" !

E02.3
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
! " #
! " #
"
$ $
$ $
$
$ "
$
$
$
$
$
$
$
$
$
$
#
#
$
%
#
$
$
"
"
"
"

E02.4
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
!"
!
##
#
$ %
$ %
"
"
"
"
"
"
" # "
" # "
" # "
" ! "
" "
" "#
# "#
# "#
# "#
% "#
"#
% "#
! "#
! "#
! "#
"#
"#
"#
" "#
# "
"
"
% "
% "
"
# "
# "
# "
" "
" "
" "
" "
" "

E02.5
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
!
" # ! $
" # ! $
$
$
$ $
$ $
$ $
$ $
$ $
$ $
" ! $
" $
" $
" $
$
$
$
$
$
$
" % %
"
"
#
#
#
#
#
#
#
#
#

E02.6
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
"
!
!
#"
#"
#"
#"
#"
#"
#"
#"
#"
!
!
!
!
!
!
!
#
! !
"
"
!
! !$
! !$
! !$
!$
!$
!$
!$
!$
!$
!$
!$
!$
!$
!$
!$
# !$
! ! !$
! ! !$
! ! !$

E02.7
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
!"
!"
!"
#
#
#
#
#
! # #
#
! $ #
! $ #
! $ #
! $ #
! #
! #
! #
! #
" #
" #
$ #
# #
" "
$
$
! "
! "
!
!
!

E02.8
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE B - PART 3
Showing All Mortgage Loans DISPOSED, Transferred or Repaid During the Current Quarter
1 Location 4 5 6 7 Change in Book Value/Recorded Investment 14 15 16 17 18
2
3
Book Value/ 8
9
10 11 12 13 Book Value/
Recorded
Current
Recorded
Investment
Year’s Other
Total
Investment
Foreign
Excluding Unrealized Current Than Capitalized Change Total Foreign Excluding
Exchange Realized Total
Accrued Valuation Year’s Temporary Deferred in Exchange Accrued
Gain Gain Gain
Loan Date Disposal Interest Increase (Amortization) Impairment Interest and Book Value Change in Interest on Consid- (Loss) on (Loss) on (Loss) on
Loan Number
City
State Type Acquired Date Prior Year (Decrease) /Accretion Recognized Other (8+9-10+11) Book Value Disposal eration Disposal Disposal Disposal
!! !!
"
"
"
0299999. Mortgages with partial repayments
#
"
" $ % $ % $ %
" $ %
0399999. Mortgages disposed $ %
0599999 - Totals $ %

E03
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE BA - PART 2
Showing Other Long-Term Invested Assets ACQUIRED During the Current Quarter
1 2 Location 5 6 7 8 9 10 11 12 13
3
4
Commitment
Date Type Actual Cost Additional
for
CUSIP
Name of Vendor
NAIC Originally and at Time of Investment Made Amount of Additional Percentage of
Identification Name or Description
City
State
or General Partner
Designation Acquired Strategy Acquisition After Acquisition Encumbrances Investment Ownership
1099999. Fixed or Variable Rate - Mortgage Loans - Affiliated XXX
! " #$%&'()*+ +$# '($(+ '')%,$(+ ! -
. ! " )#)*/ $0,($#
! !! . " .
.3
! +')12%+' *% -
3 . 3 !
3 ! 3 3 3 -
3 ! ! . ! ! " 2++4)*( +$#(/ $0,($# *5+'()2' ! -
! " ! ! - -
" 3 ! ! - - - -
3! 33 . ! 40$%( )441*,(/ $0,($# -
3! ! ! " 40$%( ! ! -
6 ! . " 6 ! . 3
! 6
!! . ! 3 $ $##+ *5+'(4+*( 374( 8 ',$9!(+ (: - - -
3 . " 6 -
3 ! " " . 3 ! "
3 . " 3)27$* ($*#+/ 1*:' !
6 $2,)1'
" - -
- 6 - . -
3 ! . . " ,';4$* 0+/+2 2$5+#+2' '')
;)4$' 2++* 1*: " " ! (: -
" ! ! " "+'(

E03.1
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE BA - PART 2
Showing Other Long-Term Invested Assets ACQUIRED During the Current Quarter
1 2 Location 5 6 7 8 9 10 11 12 13
3
4
Commitment
Date Type Actual Cost Additional
for
CUSIP
Name of Vendor
NAIC Originally and at Time of Investment Made Amount of Additional Percentage of
Identification Name or Description
City
State
or General Partner
Designation Acquired Strategy Acquisition After Acquisition Encumbrances Investment Ownership
! " #$%&
' (' )* + & , -!" %" ! " -$ %
' ' . (' " + + / ) (+ 0" , & , " , % "&! " !& #$ !
12
' ' (' 12 3 0
3 0 + 4 )4 3 4 + 4 (+ 0 ! & # %" , "- ,-"# " ! $-
' 4 0
5 ' ' 4 0 64 /0 2
64 /0 2 5 % , "#-#" & "%,#"&#, $#%
5 7 ' 8 (' 53 )9 4 2 0 4 3 7 / 2 # "# " % &"!%-" %$ -
5 6 53 )9 . + , # , ,# "%- ,%" &"! ! $,!
' ' 0+) + 4 % # # ",! " #"-% " ,$
" $ $ ! , , , % " #- " !&"!%! #$ !
! % # , %" " # &"- " , #$
5 ' ' :+ 4 3 7 / 2 - # -"! " #" ! " $&&
' ( 3 + + . $ $ % , # -# " %" % " %$
12
8 " '5 ; (' " 12 3 0
3 0 3 1 " +:434 ; 4) % , ",! "-!- #&" ! "-,# $
77 < ' $ $ 22 = 3 * 4 3 + # - " #!" " !" $
12
' >' 8 12 3 0
3 0 4 3 + 424 0 # ! , "-# "# ," ,&",%! $ &
' 4 0
' >' 8 7 (' " ' 4 0 64 /0 2
64 /0 2 4 3 + 424 0 # , ,"! &" # , " ,!"- $
12
' >' 8 " 12 3 0
3 0 4 3 + 424 0 % , "&% "#% - " % " , $#
' 8 (' + 2: + / + 2: + / 3 4 / < 30 7 9 , & %" ,#"! # %#$
< 5' . ' >' 8 " $7$ < :+ / 4 )+ ; $ % % , " " &"! " $,,
3 4 7 / 2 , % , " " , %" ",%# $
+ * ? 4)
(' + * ? 4)
* 4 @+4 1 & ! # , & -"%&% ," "! #$#
+ * ? 4)
>' 8 (' + * ? 4)
* 4 @+4 1 # # # , " ," "! #$#
( < 8 (' " $ $ ( = 1 " ) , && , % "% -" $
( 75 . < " ( 42: . = * (+ 0 , & & " &&"-#! ,-" -%", # !$
12
( (' 12 3 0
3 0 (4 4 % " -,", !" #!" ,- $ !
( (' (4 4 # # %"& ! "&, " !- $ !
.. .. 4 3 ! # !-!" !"-! " $
. (' " . , #!%" % % " , "# , $%
. (' " . 404 4 3 - , "# &" -% "%& " % ,$,,
$ $.$ 5 8 ' 8 (' $ $.$ 0 4 # % " " #" !%",, %$
5 ' A (' " : + " # % , " & " $%
" " ) & - , "-,&"%%! %," -&"% #$-!
7 ; ( 7 " 332 ; ( 4 02 , # , %# "-! %#",#,"%! $
' . < (' " . 0+ 4 ! # , ",& ",! " && $ !
' . < " $ $ . 0+ 4 # % , -!" -"## " #% %$
. ' 4/* + ! & ! ,! " -&#" ! ,$
. ' " 4/* + % - , ,"!! " -" ! " %$ -
. ' 7 (' 4/* + % ! %,-"! -&#" ! ,$
B (( B ?? 4 4 3 - ! , "% &"-%& "%% "%,# %$%
(' 7 C $ $ B ?? 4 4 3 & &&- , ," -% " " !! -$!#
B (' B )$ & & # , "#%- #", &",& ,$
B 7 . >' 8 " B 7 / # ! &" ! ," ! " &, ,$
6 (' " 6 3 0 2 1 , - , " % "# &",%#" &# $ !
< ; 6 . " $ $ =4 ; 3 9 / - & ,"&!%" # "!%!"- % % $!,
< ; 6 . < =4 ; 3 9 / - & #" " $
. 4 / 4 3 ! " "- ! !" % " &! $&&
. " $ $ 4 / 4 3 # " ,& && " %# $ !
12
7 6 12 3 0
3 0 42 )9 # # " % " - &"- &", !$-,
12
7 6 " 12 3 0
3 0 42 )9 % , -"!&&" & ! "# %"&# #$ -
7 6 42 )9 % , !"! - "%-,"- #$&#
B (' 4 3 B * 0 - ! ," -"-!!"# # $
6 6 , # , " ! "# ," &# $-!
< 8 7 " = 4 2 7 / 2 , ! , &!" "&!-"-% $!#

E03.2
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE BA - PART 2
Showing Other Long-Term Invested Assets ACQUIRED During the Current Quarter
1 2 Location 5 6 7 8 9 10 11 12 13
3
4
Commitment
Date Type Actual Cost Additional
for
CUSIP
Name of Vendor
NAIC Originally and at Time of Investment Made Amount of Additional Percentage of
Identification Name or Description
City
State
or General Partner
Designation Acquired Strategy Acquisition After Acquisition Encumbrances Investment Ownership
!" #"# $ % &% !% '&# ($$) **
("#+"# , % % $&+ ,!& ,! *!, (## # ,!
" " #"$&"# & % # #%! ++% ## %* (%! $ *#
- .- /0 1 /0 1 0 2 +"#+"# + % + !$ &&* !& (%% ,,# % &+
3 - 4 0 2 5 %"$,"# , % (,$ #&! (& !%, +(! $ !&
3 - 4 0 !" %"# & $ $ !# %%, $! *(( &(% * &#
6 7 5 !"$,"# $ % #+ *,* '&!* &%$) $! $*
- .- - 8 2 5 9 : &" %"# , ! $# % ,!
- 0 9 : &"#,"# + % # &** (&, $! !!* $## & &!
; 8 2 5 ,"$,"# , $ &% , $ %+ %+( % *+
6 - 5 0 +" #"# , $ $ #( ! #+( $
/ - .- 5 0 2 5 %" $"# ! $ $ +( & &( $$ &%
/ - .- 5 0 2 5 +"$%"# + $ $ #( $& %+( , %%
- : 0 ," %"# $ $ # $ ! ! &&
0 1 !" !"# ( % ,*, $*& * %&% ,& #
0 1 #"$("# + % !*( * !* ,!, ,#$ ,%
0 1 $#" %"$**, % **% $ #% & $ % +#
0 1 $ " #"# $++ $ % # %$+ ,*, $ !(
.- ? .0 $ "$*"# ! $ ! $ ! % %%
/- /-.. 6 - 905 /0@@ 7 0 / &"$,"# ! % $ % ,+( ,## ** **
1:
1: 5
5 2 5 $#" %"# % % $#$ &## '+!* $*&) ! &,
/ - - .- 9 50 $#" ("# , $ # %$$ %,# & # &+
/ 1:27 1 7 5 91 / 02 &" +"# + % !( # *$# *!$ (
. 8 4 .0 $ " *"# + ! , (% !% %% (%% % $%
/ 0 ? A @ / 02 !"$+"# , % + ,#* ((* $(+ ((, $%, *$
1:
/ 1: 5
5 A @ / 02 &"$("# + % % ,+& $! $$% (# !$+ % &&
/ A @ / 02 &"#+"# & % # %+$ $!* !$ $+ (%* *,
.- 7 :2 55 / 02 #"#&"# + ** ,$, $# *&
- .- 7 B :2 1 +"% "# + % &(( !*% !, #,$ % $ $ ,#
# % .- 7 :2 1 %"#*"# ! % $## !!! % !*( +*+ ( %%
# .- 7 :2 1 ("% "# $ % !, & % #,# !( & &
- -2 +"$%"# + ! $, $ $$ $$
2 5 *"#%"$*** % (# +,* * , +*( $ $
2 5 ,"#*"# ( % ,%, +,$ %$ #, %&, ! $+
1:
3 / 1: 5
5 3 (" ("# , ! % ,,! # (%% !& ! %&
3 =C - .- 3 1D : +"$("# , # $ $# ! # %$
= . ' ) 51 ,"#,"# , %*, **$ + %, & * ,
#&+!(E $ $ 9 # 5 . # 8 +" +"# & $ % & *,& #&!
1999999. Joint Venture Interests - Other - Unaffiliated %$ ( + !% $&* (,% $%# # %&& !$ &!& XXX
&"% "# $ (& %$% $
22 0 $"#,"# * ( $! !(& '( $! !(&) (
0 2 .0 9 0 $$"% "# $+ !,& '$+ !,&) $
>0 1 527 5 1 = $$"% "# + ( % %&( $&# +&$ +(+ $
0 0 . $#"%$"# # %$(
0 / 4 /F $#"%$"# ! %$(
4 5 : 0 4 5 : 0 %"#,"# & %+#
2099999. Joint Venture Interests - Other - Affiliated ( +$, &## $(+ & % ,$( XXX
6-
? ??
2 5 $#"##"# ( $( %!( $# #,
- . = - .- ??? 3 - . = $$"% "# ( ,&, &*! $% %
3 - ? ?? . 3 %"% "# & %& #&, $# #$
3199999. Non-Guaranteed Federal Low Income Housing Tax Credit - Unaffiliated $ #!! % + XXX
3999999. Total - Unaffiliated %$ ( + !% #$+ &*+ **! # %&& !$ &!& XXX
4099999. Total - Affiliated (, ( & (($ +(, ($% ( ( XXX
4199999 - Totals %$ ( + !% #+& # ! (!( % $#! *#! $($ XXX

E03.3
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE BA - PART 3
Showing Other Long-Term Invested Assets DISPOSED, Transferred or Repaid During the Current Quarter
1 2 Location 5 6 7 8 Change in Book/Adjusted Carrying Value 15 16 17 18 19 20
3
4
9 10 11 12 13 14
Book/
Current
Book/
Adjusted
Year’s
Total Total Adjusted
Carrying
Current Other
Change in Foreign Carrying
Value
Year’s Than Capital- Book/ Exchange Value
Foreign
Less Unrealized (Depre- Temporary ized Adjusted Change in Less
Exchange
Encum- Valuation ciation) or Impair- Deferred Carrying Book/ Encum-
Gain Realized Total
Date
brances, Increase (Amortiment Interest Value Adjusted brances
(Loss) Gain Gain Invest-
CUSIP
Name of Purchaser or Originally Disposal Prior (Dezation)/Recog- and (9+10- Carrying on Consid- on (Loss) on (Loss) on ment
Identification Name or Description
City
State Nature of Disposal Acquired Date Year crease) Accretion nized Other 11+12) Value Disposal eration Disposal Disposal Disposal Income
! "
##$%#$%&&' (') *+% (') *+% (') *+%
0999999. Fixed or Variable Rate - Mortgage Loans - Unaffiliated (') *+% (') *+% (') *+%
, - , , ,- , " " , , , ! . ,! #%$%%$%&&) &+$)&$%&&+ **/ +() **/ +()
, - , , ,- , " " ,01, - , - , , , ! ! 2, ,3 #&$#%$%&&/ &+$)&$%&&+ # ((* (/) # ((* (/)
, 1 - 1 1, 4 - , , ,. ! , ! ! &+$#+$%&&' &+$)&$%&&+ 2)*) #%+3 2)*) #%+3
, , - , - 1 , , ,. ! , ! ! #&$#+$#+++ &+$)&$%&&+ *5) 5)+ *5) 5)+
- - , , - , , -
2 1 0 4 ,- , 4, - ,
, -3 , , , 4, - , , - " " &/$&($%&&* &+$)&$%&&+ () &#* () &#*
67! ! ,!! 6 "
, 4- , - , , - , ,
&#$&*$%&&) &+$)&$%&&+ 2# '&( +*/3 2# '&( +*/3
- - , 8, , , ! . ! 9 !: . ##$&#$%&&* &+$)&$%&&+ 2#) &++ /'53 2#) &++ /'53
, 0 , - , , - , , ; . ! ! #%$%)$%&&% &+$)&$%&&+ 2# '/5 5#'3 2# '/5 5#'3 '*/ ))'
< 4 " , - , , : 7 , ! ! " #%$%'$%&&5 &+$)&$%&&+ 2)+% */)3 2)+% */)3
0 - - , , ; . &5$#&$%&&* &+$)&$%&&+ # #'' 5*+ % 55& #*# 2# *(# *+%3
0 - - , , ; . &)$%'$%&&5 &+$)&$%&&+ 2( %/)3 2( %/)3
0 - - , , 0 - - &+$#'$%&&( &+$)&$%&&+ # */) )+( # */) )+(
11 0 - 1 , -
11 0 - 1 , - , ,
&+$#+$%&&( &+$)&$%&&+ 5% /&& 5% /&& 5% /&&
0 4 8 ,, - , " &)$)#$%&&( &+$)&$%&&+ 2# #'* #(%3 2# #'* #(%3
, 0 1 ==, - 1 , , ; 1 >> ! 9 . #%$#+$%&&% &+$)&$%&&+ #%% +&) #%% +&)
-- ,01, - , - !! ! 9 . &($#&$%&&5 &+$)&$%&&+ + &+* (*+ + &+* (*+
-- - 1 , , !! " " ##$&#$%&&* &+$)&$%&&+ 5 *'# **5 5 *'# **5
-- - 1 ,01, - , - -- - 1 &($&#$%&&( &+$)&$%&&+ / (/& &)5 / (/& &)5
-- - 1 , , !! ! 9 . #%$%5$%&&% &+$)&$%&&+ / &%% 5'& / &%% 5'&
-- - 1 , , , !! ! 9 . &/$#5$%&&& &+$)&$%&&+ % #)/ %(* % #)/ %(*
1 , - - 1 1, , 1
1 ,- , , 0 1 ,01, - , -
&5$#)$%&&( &+$)&$%&&+ # %/# '%/ # %/# '%/
1 ,- , , 0 1 ,01, - , - 9 ,! ; 6 9 9 ##$%5$%&&* &+$)&$%&&+ # (+/ /)) # (+/ /))
1 , , 0 1 $ , - ,01, - , - ; ,!! 6 ! &5$)&$%&&) &+$)&$%&&+ / '&/ /&' / '&/ /&'
1 , , 0 1 ,01, - , - 9 . ; 6 9 &5$%*$%&&/ &+$)&$%&&+ # )+( '#5 # )+( '#5 % &*' )+'
1 - , 0 , -
, , 9 ; . ! ! " &+$#*$%&&& &+$)&$%&&+ 2# 5&# '%53 2# 5&# '%53
1 - , 0 , - , , 9 ; . ! ! " " &+$#*$%&&& &+$)&$%&&+ )(5 (+& 5) +)' 5) +)' )(5 (+& )(5 (+&
1 , 0 , , 9 ; 1 ! " &'$##$%&&/ &+$)&$%&&+ %5% )'# 25) /'+3 25) /'+3 %5% )'# %5% )'#

E03.4
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE BA - PART 3
Showing Other Long-Term Invested Assets DISPOSED, Transferred or Repaid During the Current Quarter
1 2 Location 5 6 7 8 Change in Book/Adjusted Carrying Value 15 16 17 18 19 20
3
4
9 10 11 12 13 14
Book/
Current
Book/
Adjusted
Year’s
Total Total Adjusted
Carrying
Current Other
Change in Foreign Carrying
Value
Year’s Than Capital- Book/ Exchange Value
Foreign
Less Unrealized (Depre- Temporary ized Adjusted Change in Less
Exchange
Encum- Valuation ciation) or Impair- Deferred Carrying Book/ Encum-
Gain Realized Total
Date
brances, Increase (Amortiment Interest Value Adjusted brances
(Loss) Gain Gain Invest-
CUSIP
Name of Purchaser or Originally Disposal Prior (Dezation)/Recog- and (9+10- Carrying on Consid- on (Loss) on (Loss) on ment
Identification Name or Description
City
State Nature of Disposal Acquired Date Year crease) Accretion nized Other 11+12) Value Disposal eration Disposal Disposal Disposal Income
! " #
$%&%'&%(() ('&)(&%((' $ *+, )(* * +$$ (-% .) (+% -/,0
! " #
(%&%,&%((/ ('&)(&%((' .% /(+ '(-0 .% /(+ '(-0
1 2 32 2 4 (/&)(&$''+ ('&)(&%((' % )(, *+, % )(, *+, % )(, *+, ) -/+ *,)
2 2 2 7 2 52 4 6
2 2 2 2 52 4 6 12 7
$%&%$&%((- ('&)(&%((' .-+, /,$0 .-+, /,$0
2 6 4 1 4 ! 4 # 8 4 $(&$(&%((/ ('&)(&%((' $, +-) $** %( -(( ((( .% $%/ ,+-0
2 524 1 2 524 1 (,&)$&%((- ('&)(&%((' * %-/ -,) * +$) (+/ .%)/ %-)0
29:! ! 8 ! ; !! "< ! "! 5!8"< < # @ 8 8 !@ > !> " 8 ! " (*&(+&$'', ('&)(&%((' )-- )--
4 $%&$*&%((/ ('&)(&%((' %) /,) .%+ $$'0 .%+ $$'0 %) /,) %) /,)
4 $%&$*&%((/ ('&)(&%((' .$'% /*%0 .$'% /*%0
5 4 2 2 4 6 2 6 (-&$-&%(($ ('&)(&%((' /-* /+% *$( (+' *$( (+' /-* /+% /-* /+%
5 4 1 2 (/&$(&%((+ ('&)(&%((' .$ %(, ,*+0 + *($ $,) ./ /$( (%,0
5 4 4 (+&(+&$''' ('&)(&%((' ./ (')0 ./ (')0
7 2 (*&%*&%((, ('&)(&%((' .+%' ))%0 .,+ '/-0 .,+ '/-0 .+%' ))%0 .+%' ))%0
2 4 2 4 C
9 6 @ 8 ! 8 : (/&%-&%(($ ('&)(&%((' .)/$0 .)/$0
7 4D $%&$'&%(($ ('&)(&%((' % )%% '+% % )%% '+% % )%% '+% % ,+, %$-
7 2 2 5 2 (-&%,&%((( ('&)(&%((' )+ ,%$ )+ ,%$
5 4 $$&($&%((% ('&)(&%((' .$ **+ ',$0 ., '/$0 ., '/$0 .$ **+ ',$0 .$ **+ ',$0
4 2 (/&$%&%((- ('&)(&%((' .), /,+0 )/% )/% .), /,+0 .), /,+0

E03.5
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE BA - PART 3
Showing Other Long-Term Invested Assets DISPOSED, Transferred or Repaid During the Current Quarter
1 2 Location 5 6 7 8 Change in Book/Adjusted Carrying Value 15 16 17 18 19 20
3
4
9 10 11 12 13 14
Book/
Current
Book/
Adjusted
Year’s
Total Total Adjusted
Carrying
Current Other
Change in Foreign Carrying
Value
Year’s Than Capital- Book/ Exchange Value
Foreign
Less Unrealized (Depre- Temporary ized Adjusted Change in Less
Exchange
Encum- Valuation ciation) or Impair- Deferred Carrying Book/ Encum-
Gain Realized Total
Date
brances, Increase (Amortiment Interest Value Adjusted brances
(Loss) Gain Gain Invest-
CUSIP
Name of Purchaser or Originally Disposal Prior (Dezation)/Recog- and (9+10- Carrying on Consid- on (Loss) on (Loss) on ment
Identification Name or Description
City
State Nature of Disposal Acquired Date Year crease) Accretion nized Other 11+12) Value Disposal eration Disposal Disposal Disposal Income
1899999. Joint Venture Interests - Real Estate - Affiliated
! "#$#! % & !'&( )*#+, - -
. . +&/ ( 0&+1( ) 2! 3* - -
4 2 5 +&/ ( 0&+1( ) 2! 3* - -
%#++ " '"#+('
2 5 6 6 6
2! 3* - -
2 2 7 8 2 2 8 0 ! "#$#! 2 #*&/#" #!/+ !' +9. - -
7 6 8 ! "#$#! "/# #!/+ !' - -
. . ! "#$#! "/# #!/+ !' - -
. . ! "#$#! "/# #!/+ !' - -
8
! "#$#! ) !&9#+ +(3'/!&#" #!/+ !' #*&/#" - -
: +&/ ( 0&+1( ) *#; #!/+ !' - -
4 . #,)#+ '"#+(' +&/#' #*&/#" 8 '&# - -
2 ! "#$#! 3! !# '3!1 +9 3+( - -
#,)#+ '"#+(' '&# * 9&#" &/3#/& +' 3+( - -
7 +&/ ( 0&+1( ) 7 #!/+ !' - -
7 6 8 . . ! "#$#! 7 %!)#+ #*&/#" - -
7 0 6 7 '/ + 8#''#9%3' //' 7 ! 4 8
+&/ ( 0&+1( ) #*&/#" #!/+ !' 3! * - -
> 4 #,)#+ '"#+(' #*&/#" #!/+ !' 3! * - -
: ! "#$#! &!'/ ' ! !* !#/& + - -
&'/!&9/ @
8 ? . - - &'/!&9/ @ "3)=&#
"3)=&# ( !#" #/& +#" 8 !/1#1 '' 9&#/& + - -
8 A . . ! "#$#! B @@!& ' #*&/#" #!/+ !' - -
22 ! "#$#! 2!#+&/ 2" =#" +/3! ' - -
6 7 . > 4 ! "#$#! 6#!= 3! '/ #!/+ !' - -
6 8 C 8 ! "#$#! 6 "")#+ C !& ()#+ - -
6 8 C 8 ! "#$#! 6 "")#+ C !& ()#+ - -
2 5 6 . . ! "#$#! 2 +(3'/!& ' - -
B 5 #,)#+ '"#+(' B " $ !' C . - -
B ! "#$#! B @@!& ' #*&/#" #!/+ !' - -
B ! "#$#! B #!/+ !' +9 - -
B 8 2 2 7 . . ! "#$#! B. 8 !1#+ #!/+ !' - -
0 ! "#$#! 0 "' #+( )*#+, - -
: 2 . . ! "#$#! ;&+1/ + #*&/#" #!/+ !' - -
: 2 ! "#$#! ;&+1/ + #*&/#" #!/+ !' - -
26 6 . . ! "#$#! &1%/% 3' 8#+#1 ) +/ #!/+ !' - -
8 0 . . #,)#+ '"#+(' &) 9< #!/+ !' - -
B 6 . . ! "#$#! &//" B %+ #+( - -
B 6 ! "#$#! &//" B %+ #+( - -
5 > 4 ! "#$#! $ ! 2! 3* - -
8 7 . . . . ! "#$#! 8#(&' + #!= !+ #!/+ !' +9. - -
8 7 . . . . ! "#$#! 8#(&' + #!= !+ #!/+ !' +9 - -

E03.6
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE BA - PART 3
Showing Other Long-Term Invested Assets DISPOSED, Transferred or Repaid During the Current Quarter
1 2 Location 5 6 7 8 Change in Book/Adjusted Carrying Value 15 16 17 18 19 20
3
4
9 10 11 12 13 14
Book/
Current
Book/
Adjusted
Year’s
Total Total Adjusted
Carrying
Current Other
Change in Foreign Carrying
Value
Year’s Than Capital- Book/ Exchange Value
Foreign
Less Unrealized (Depre- Temporary ized Adjusted Change in Less
Exchange
Encum- Valuation ciation) or Impair- Deferred Carrying Book/ Encum-
Gain Realized Total
Date
brances, Increase (Amortiment Interest Value Adjusted brances
(Loss) Gain Gain Invest-
CUSIP
Name of Purchaser or Originally Disposal Prior (Dezation)/Recog- and (9+10- Carrying on Consid- on (Loss) on (Loss) on ment
Identification Name or Description
City
State Nature of Disposal Acquired Date Year crease) Accretion nized Other 11+12) Value Disposal eration Disposal Disposal Disposal Income
!" !" #"$"%&'&( #"$"%&'&( #"$"%&'&(
) * + ))
) , ) , * - ..! $!" $ .% '&%"/ .% '&%"/ .% '&%"/
0 ) % ) 1, , 2 $!.3!" 3 '$ % $ '$ % $ '$ % $
0+ * % 4)4 56 , , - 7 2 * 12 "!"/!" " .%/3"% $ .%/3"% $ .%/3"% $
0+ * ) 56 , , - 7 2 * 12 . !" !" 8 .%.8"%&.$ .%.8"%&.$ .%.8"%&.$
)) 2 , 7 6 , . !$ !" . #$%"8"( #$%"8"( #$%"8"(
)) 2 , 7 6 , . !" !" 8 #.%$ .%8&.( #.%$ .%8&.( #.%$ .%8&.(
) 9 : ) ) ) ) ,16 ;1 5 . ! .!" ' 8 $%'.8 8 $%'.8 8 $%'.8
) 9 : ) 4)4 ) ,< ;1 5 ) , .!""!.&&& #"% 83%&3"( #"% 83%&3"( #"% 83%&3"(
) 9 : ) ) ) ,< ;1 5 ) , '! '!" 8 #.%.&'%/&.( #.%.&'%/&.( #.%.&'%/&.(
) 9 : ) 4)4 ) ,< ;1 5 ) , "!.8!" ' 3$ %$"& 3$ %$"& 3$ %$"&
) * 0 = % 4)4 ) ,< ;1 5 ) , .!.$!" . $%''8 . $%''8 . $%''8
4 ) 0 56 , , , $!"&!" . #$38%88&( #$38%88&( #$38%88&(
0 = % ) 0 ."! 8!" / .%"$/%. .%"$/%. .%"$/%.
0 : % ) 0 ."! 8!" / .%"'/% & .%"'/% & .%"'/% &
1999999. Joint Venture Interests - Other - Unaffiliated %& 8%/"& #"'"%333( % '"%&./ %& 8%/"& "8"%38 #&%& "( "'"%333
3/". E . / + % '! $!" . /%3/&%&$ /%3/&%&$ /%3/&%&$
) * F ?? , 5 1 ..!$ !" .%./3% & .%./3% & .%./3% &
2099999. Joint Venture Interests - Other - Affiliated &% 83% " &% 83% " &% 83% "
+ )4 ) B BB % )G )
) H) = + , 2 % ."!""!" 8 &!$ !" & %/83%$ /3%/." #/3%/."( %/83%$ %/83%$ #/8%"/ ( #/8%"/ (
= ) ) BBB % ) 4
) H) 0 @ 6 < 2 !.&!" &!$ !" & .$%$"8%8 " .83%" 3 #.83%" 3( .$%$"8%8 " .$%$"8%8 " #.'8%'8 ( #.'8%'8 (
B BB G
) 4 ) H) = , ,< ."!" !" " &!$ !" & $%8$.%88' '.%&"& #'.%&"&( $%8$.%88' $%8$.%88' #$3%88"( #$3%88"(
B BB %
) 4 ) H) * : , ,< 4 4 ."!"$!" ' &!$ !" & 8%/ &%.8& /%/3" # /%/3"( 8%/ &%.8& 8%/ &%.8& # "%$.&( # "%$.&(
) : )4 BBB G )
) H) 0 ) 1 ? 6 5 2 8!" !" &!$ !" & ."%3.3%88$ .$$%&8. #.$$%&8.( ."%3.3%88$ ."%3.3%88$ #.8/%/'8( #.8/%/'8(
) : )4 G )
) H) = ) : ) ..!$ !" 8 &!$ !" & ."%8//%"&" .$'%.. #.$'%.. ( ."%8//%"&" ."%8//%"&" #.8"%83/( #.8"%83/(
)4 ) 4 BBB G )
) H) 0 @ 6 < 2 .! $!" &!$ !" & % &"%3'& /&%' . #/&%' .( % &"%3'& % &"%3'& #/$% 8/( #/$% 8/(
H B B % 4)4G )
) H) 0 :

E03.7
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE BA - PART 3
Showing Other Long-Term Invested Assets DISPOSED, Transferred or Repaid During the Current Quarter
1 2 Location 5 6 7 8 Change in Book/Adjusted Carrying Value 15 16 17 18 19 20
3
4
9 10 11 12 13 14
Book/
Current
Book/
Adjusted
Year’s
Total Total Adjusted
Carrying
Current Other
Change in Foreign Carrying
Value
Year’s Than Capital- Book/ Exchange Value
Foreign
Less Unrealized (Depre- Temporary ized Adjusted Change in Less
Exchange
Encum- Valuation ciation) or Impair- Deferred Carrying Book/ Encum-
Gain Realized Total
Date
brances, Increase (Amortiment Interest Value Adjusted brances
(Loss) Gain Gain Invest-
CUSIP
Name of Purchaser or Originally Disposal Prior (Dezation)/Recog- and (9+10- Carrying on Consid- on (Loss) on (Loss) on ment
Identification Name or Description
City
State Nature of Disposal Acquired Date Year crease) Accretion nized Other 11+12) Value Disposal eration Disposal Disposal Disposal Income
!"#!"# "" $%&' $%&' $%&' ' &! '
"$$ % ()) (* ( + , "'#'!# ""' - &" - &" - &" ! %&!!
'%$ '. $ ( ) " #'"# ""' ' &' ' ' &' ' ' &' ' &$
!. " / 0 ( / 0 ( " #" # ""' !%&!'' !%&!'' !%&!'' % &
$'"! - ! "! 1 ,, / 0 ( "%#! # ""' %!& " %!& " %!& " ''$& %
%" ! . '$ 1 ,, / 2( 1 2 !"# '# ""' % & % & % & - &$ "
'-". ( 1 3 / 2( 1 2 "$#" # ""- $"& '!
-"- '. - (/ , 3 0 0 !!# # ""- !- & " !- & " !- & " -- & "$
%. % !! ( ) / 2( 1 2 !"# # "" !%&%$% !%&%$% !%&%$% !&"--& %"
%. $ ) ( ( 2 ( / 2( 1 2 ! #! # "" -& ! -& ! -& ! ! -&-
0 ) (1 "$#"$# "" '&!$"&'$$ 4 !& ' 5 4 !& ' 5 &!$ & '- &!$ & '- 4$' &!"$5 4$' &!"$5
3799999. Any Other Class of Assets - Unaffiliated '&%%%& % 4 !& ' 5 4 !& ' 5 '&"" &% '&"" &% 4$' &!"$5 4$' &!"$5 -&$$%&''!
"""""" "" " ( 0 & 3 ( 3 ( 6 78 "-# # ""% --&-'"&!%
"""""" "" " ( 3 0 + 99 7 0 7 : 7: " # %#!% % !!#!-# "" % -& ' % -& ' % -& '
3899999. Any Other Class of Assets - Affiliated - &' -&-'- % -& ' % -& '
3999999. Total - Unaffiliated !- &- "&''- !-&'! &$ %&- $& ! 4- &!'%&"%"5 &-$ & -$ !--&! '&$$% !--&- & %! & " 4!& !& !5 4!&' & $!5 %& -& !
4099999. Total - Affiliated 4-!&! &!$ 5 -& !-&% - %&$! &!"- 4 & "'&! "5 4-!&! &!$ 5 -&! & &! !&"- &! !&"- & & !$
4199999 - Totals !"-& -&! ! ! & ''& " %&!$ &% " 4 "& - & -"5 &-$ & -$ !" &%%$& "$ !- & !-& ' & " $%& - ' &'$- ! &' '&"'

E04
1
CUSIP
Identification
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
!
" ! #
$ " % # # !
$ $ % # # !
$ % # # !
#
% !
&
!
!
#
#
' # $ #
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
#
!
!
!
!
! ( ( !
( $ %
# $ %
' $ # ! $
$ %
' $ %
' $ !
' $ ! $
" $ $
$ # ! $
& $ %
# $ %
# $ %
& ! # ) # # *
0399999. Bonds - U.S. Governments
'
XXX
# & # !
# & # # $ # &
! #
#
#
%
# # %
# # ! # !
# ! # $ #
' ( %
' % (
' " ( %
' ( ( !
1099999. Bonds - All Other Governments XXX
! % " $ $ # $ + $ #
) % * %
1799999. Bonds - U.S. States, Territories and Possessions XXX
, # ) %* # # ## &
2499999. Bonds - U.S. Political Subdivisions of States, Territories and Possessions XXX
' " ! & & ' # &
( % & & ' # &
! & & # &
& & ' # &
! &! & ' # &
( ! & & ) * # &
! ! & & ) * # &
# ! ! & & ) * # &
10
NAIC Designation
or
Market
Indicator
(a)
&

E04.1
1
CUSIP
Identification
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
Name of Vendor
! " # $ $
# ! " # $ $ $ $
$ $ ! " $ $
! "
%& ! "
' ! "
& ( %
$ $
$ ) $ $
# ' ! "
& ! " $ $
! "
' $
$ $ ! "
% $ #
% $ ! "
% $ $ $ $
% $
% $ ! "
% $ $ $
& $
& ) $
& ' $ ! "
& & $
$ ( ! "
' &
$ ( $ $
' $
$ $ $
( &
' $ $ $ $
$
)
(
' #
$
$ % $ $
# $
# ( $ $ '
$$ $ $
$$ )
' $$
) ' $ $ $
$ $ $
( ' $ & $ $
( )' $ $ $
$ $ $
$
$ ! "
$
! " $ $ $ $
'( ! "
$ $
% $ $ $
& $
$
% $ '
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
10
NAIC Designation
or
Market
Indicator
(a)

E04.2
1
CUSIP
Identification
! "
# #
$ #
% # ! " &
% # ' ! "
# (
$ # $
& #
#
) #
# ) #
( $
( (
% ) # ! "
' #
#
&
# #
) #
#
#
#
#
$ #
# (
%
& )
#
#
# # $ (
# ( #
# #
# #
$ #
$ # %
$ ( #
% #
% ( # %
! "
# (
$ #
$ # &
%
% #
% #
% ! "
% '$ ) #
% )
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
#
) #
) #
( #
) ) # & * ( *
& ( * (
& ! " ( * * *
&
&
&
! " ( * * *
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
10
NAIC Designation
or
Market
Indicator
(a)

E04.3
1
CUSIP
Identification
!
!!
"
"#
"
$
$
%
(
#
#
( !)
# (
!#
( ) (
& '
& '
& '
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
"
" $ ) ( * + * *
" ) ) ( & ' * + * *
" ( ) ( & ' $ ( # * #
" # ) ( & ' *
" $ & ' % + * * #
" ) & ' * ! *
" ) ( & ' ! * * *
& ' *
& ' *
% #
% #
& ' ! * * *
) ) ( & ' *
) ( & ' ! ( # *
) ( & ' * ! *
% & ' * (
% $ & ' * ( *
! ! * ( *
) ) ( ! * ( *
( )
( (
) " ! * * ( *
( ) ( *
* ( *
! * * *
* ( *
3199999. Bonds - U.S. Special Revenues XXX
" ( *! ( ! ( ! ) ( * !
" * *$ + ( * * * *
# %
*$ + ( ! ! $ (*" * *
(* ! * ! * + * * *
! *! ! % * ! * *
*! ( * + * $ (*" * *
( % ) ! ! ! ( # * *
* ! * ! * *
* ! ! *! * *
10
NAIC Designation
or
Market
Indicator
(a)

E04.4
1
CUSIP
Identification
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
! "" "
# $ # "
% " ! "
$ " % & $ # "
" $ '
" " & & % % % $ $ ( % " " )
$ $ # "
" * ! "
" % % ! % $ " ' " "
" % ' " ! % $ " "
" % % "
"" % (
" " % % "
" * " % " $ ' # +
" " #
"" & % $ " " " "
" % $ " "
"
" % &
* % & '
% % & "
" $ % ! "
& #
&
" ' " "
& ' "
" ) " ) % " " "
" " & " "
% $ " " "
! % & " "
! " % ! "
! $
! $
"% & ( "
% & % "
* % & $ $ # "
%
* % & % & "
$ ' "
" " $ " " "
' % $ $ # "
$ "
$ $ "
! ! $ "
" + " " "
$ ! "
% ! " " " "
"" % " # % + " "
$ "
" & $ # $ % % $ "
$ " " )
"
* $ " "
* & % % $ " "
+ + ! " "
( % )
( * $ )
& $ ( %
10
NAIC Designation
or
Market
Indicator
(a)

E04.5
1
CUSIP
Identification
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
! " "
" # " !
$
%
! # " "
% & " "
!
! "
" ' " "
"( ) )
" ) ) "" ""
% ) )
" ) $ ) " "
% "
"" * " * # " ( )
" + # * # , ! - )
" . ,# ! - )
*
"
"+ ,# - " " )
! "
" * "
"
" " " )
" # !
" + " , - )
"" ! ( "
"" $( # " " "
"" % # ) )
"" $ # ) ) " "
"" # " ) )
"" # " ) ) "" ""
"" $$ # ) )
"" % # ) ) " "
"" # ) )
"" #" # " ) , - ) " "
"" # ) " "
"" # $ ) " "
"" $ # % ) $ ) " "
" " ( !
% & " "
$ " "
" " ) )
" " " ) ) " "
" " ) $ )
" " # ( $ ) " "
" " # ) ) " "
$ ! " " "
* ) ) " "
) )
#( ) )
( ) ) " "
) )
) " ) ) " " " "
" % !
# ! ""
" + # )
" + # ) "" ""
" !
!
" ) ) " "
! ) )
10
NAIC Designation
or
Market
Indicator
(a)

E04.6
1
CUSIP
Identification
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
! ! " # !
$ ! ! % " %
" & ! ! # ! %
% # $ ! # ! " "
% ' # $ ! " ' # ' ' $ % " " "
" ( " ! " ! % % " %
" ) " # !
" ) " # !
%! ! $ ! $ ! ' # ' ' $
' # ' $ ! " # ! " " " "
' " # ' $ ! # ! % " " %
' # ' $ ! ! % % "
% " ! ! $ " # ! % "
% " $
% % !
" * % ' ! ' ' ' $ " "% %
" ! ' ! ! ! $ & %
% ' ' ! ! $ & % " %
! $ ! $ ! " $
" " ' $ ! " # ! " % %
% ! $ ! " ! ' ' ' $ % %
% " ! ' ' $ %
% # ' % % %% " %% "
% # ' % ( % " % "
% $ % ' %
% % ' % % %
% $ '
% " ! $ ! & ' ' $ % % % %
% * (! $ %
% ' * ! % % " % %
% " !
% % % % %
%
% % % % % %
% % %"% %"%
% % % %
% % ( "
% $ % ! # ! " " "%
%"% " ! ! " # ! " " " "
%"% # ! ! # ! " % %
% * " *
% + " # $
% ) # $
' ! # ! %
% ' ! " ! ' ' $ " % %
% " ' ' ,'- -. $ ! " ! ' % % % %
% + ' ' & $ " # !
% % ' ' # ! % %
+ - - - - % "" ""
$ $ $ ! # ! %" %
" % ! ! " # ! % % %
" % ! ! " * ' ! ""
! ! % !
# ! ! ! ! # ! % " % %
! ! ! ! # ! %
" & ' ! ! " " ' # % "
% ! " # ! % " " %
! $ ! # ! "
! ! $ ' ' $ " %
( (! $
% " ' ( % "
" ! " * ' ! "
10
NAIC Designation
or
Market
Indicator
(a)

E04.7
1
CUSIP
Identification
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
! " !# !# ! !#
# " $ # % ! "!" # ! " ! !#"
# " & # "! "! " ! # !
#" # % ! ! !# ! " !
#" # % & ! ! !# !
# " " '' ' " ! # " ! #
# % # % ! ! # ! # ! ! ##
## # % " '! (! ! " ' "! " "! " "
## # % (! ! " ' "! " "! " "
## # # '! (! ! " ' !## !## "
# "" !'! ! " ' ! ## ! ## "
# " # !'! ! " ' " ! " ! "
# " ! ! !# !
# " " % ""! ##! " ! ! ! #
# " $ " & ! " !" ! !
" % ! !" ! ! !
## " % !# ! ! ! !
! " ! ! ! "
# % " " % # !## !# # ! ! ! "
# % ! " !" ! ! "
# ( " % " ! # ! # " ! ! " "! #
# ( & "! ! " "! #! #
% !" ! ! ! !
"#! "!" "#!# !
" & " ! ! # "#! !
" # & " "# ' #!"
## $ ! " !# #! ! !
# " " & ! " !#" ! ! "
"# " " ! " ! ! !
" ) * + * " ! ! ! ! "'
) " & " ! ! " ! !
) # " & ! ! ! ! !
$ " % "! ! # "! "#! !
( !'! " ' !# !# "
# " $ , ! !# #! ! !
# " " ! # ! ! # !
% % % ! !# " ! ! '
# # & , $ " ! "!" " !## !
# & ! ! ! ! ! # "
$ " ! ' "
# " & ! ! " ' "
# " % ! ! # !# ! ! # "
" (% % "! ! ! !
" % % ! ! ! #! #!
"" ( "" # '! " ' " ! # " ! # "
"" ( " # '! " ' ! # ! # "
"" ( " # '! " ' ! ! "
"""& " '! ! " ' " ! " ! "
"""& $ # " " '! " ' ! ! "
"""& '! ! " ' " ! " ! #
"""& ' '! ! " ' ! ! "
" # " ! !" !""#!
" " ! "#!" ! #!
) $ " & #! ! #! ! '
) # " & #! !# #! ! '
) " & ! ! " ! ! '
#" - " " #! ! #! ! '
## "! ! # "!# ! " !
#" " ! ! ! ! " !
$ " ! ! # "#! ! "
$ ! #! " ! ! !
" % ! ! ! ! !#
" # ! ! ! ! "
10
NAIC Designation
or
Market
Indicator
(a)

E04.8
1
CUSIP
Identification
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
!
" # $ $ % "
& % % ! " %
$ % ! ! ' % ! !
% $ % ! ' !
" % $$' % $
& # ( % ! % "
! % !
! % ! )% !
%
%
% $ & !
# % )% %
% % !
% $ & %
% % %
$ " % "
$ ( %
( % % ! % % %
"& % % "
$ % % "
( $ % ) ' $ &
( $ " ( % "
* $ ' % $ "
$ % ' $ %
$ $ ! % $
$
$ $
$ $ ' +
! $ %
! $ %
% % & $ %
) & #
( & #
$ % $ %
% % $ % $ %
, % %
$- % %
$* % %
$, % %
$ % ! )% %
$ % ! % $ %
$ % ! % $ %
$ $ % ! % $ %
$ % ! $ !
$ ! % ! )% !
) $ ! % !
& $ ! % !
% % % ! % $ &
$ & #
) % ! ! ' %
$ ! % ! $ %
% ! % . / %
% % ! )% !
* " $ $ % " "
* $ $ ! % "
* $ $ ! % "
- $ % $ "
- % $ $
- & % #
- ( % #
- % ( % " *
10
NAIC Designation
or
Market
Indicator
(a)

E04.9
1
CUSIP
Identification
2
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
6
Number of
Shares of
Stock
7
8
9
Paid for Accrued
Interest and
Dividends
Description
Foreign
Name of Vendor
Actual Cost
Par Value
! "
# $ % & ! ' #
# $ % & ! ' #
! # & '( & ' # & %
$ ' &
&
'
! $ & % & ! ' # &
! $
$
& % ' & ! ' # &
) # #% &
3899999. Bonds - Industrial and Miscellaneous (Unaffiliated) XXX
( % & & !
! % ( &
! ' % ( &
( % & & !
! ' ' % % & & &
! & & ' # & ) & ! &
4899999. Bonds - Hybrid Securities ! ! XXX
! ! !
! & ' ( ( &
5599999. Bonds - Parent, Subsidiaries and Affiliates XXX
8399997. Total - Bonds - Part 3 ! ! ! XXX
8399998. Total - Bonds - Part 5 XXX XXX XXX XXX
8399999. Total - Bonds ! ! ! XXX
* % * ( + + &
! !( " & , ' # + + !(
8499999. Preferred Stocks - Industrial and Miscellaneous (Unaffiliated) XXX XXX
8999997. Total - Preferred Stocks - Part 3 XXX XXX
8999998. Total - Preferred Stocks - Part 5 XXX XXX XXX XXX
8999999. Total - Preferred Stocks XXX XXX
! ) & !!+
! ' # ' & + !
! ( # ' & +
! # % ) & ! !+ ! !!
! ) ' & ! +
! ) & + ! !
! !( & , +
! ! ' & + ! !
! $ ( & !+ !
9099999. Common Stocks - Industrial and Miscellaneous (Unaffiliated) XXX XXX
!! $ ,( + - . #
$ + + + + - . #
( + -! . #
! " + - ! . #
" # ( + - ! . #
" + #
" ' + #
!! + - . #
" % + + - ! . #
" * + !+ #
9199999. Common Stocks - Parent, Subsidiaries and Affiliates - . XXX XXX
'/01 &201 +
'/01 0134 &201 +
'/01 0134 &201 ! + !
! ! '/01 0134 &201 ! + !
'/01 0134 &201 ! +
'/01 526 &201 ! +
! ! '/01 526 ! + ! ! !
7289: 0134 &201 ! +!
;/ 0?/@3 &201 +
10
NAIC Designation
or
Market
Indicator
(a)

E04.10
1
CUSIP
Identification
2
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Foreign
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
Date
Acquired
Name of Vendor
6
Number of
Shares of
Stock
7
Actual Cost
8
Par Value
9
Paid for Accrued
Interest and
Dividends
! " # $
% &' ( $ $
$ % &' ( ) $
! % * + ,% -
! % * + . $
! /(/ $
! /(/ $ $
$ ! /(/ $
! /(/
! /(/ $ $
! /(/
! /(/ $
! /(/ $ $
! /(/ $
! /(/ ) $
! /(/ ) $
! /(/ ) $
! /(/ ) $
$ ! /(/ ) $
$ ! /(/ ) $
$ ! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
$ ! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
! /(/ )
$ ! /(/ )
! /(/ )
$ ! /(/ ) 0 % 1 / 1
! /(/ ) 0 % 1 / 1
! /(/ ) 0 % 1 / 1
! /(/ 0 % 1 / 1
$ ! /(/ 0 % 1 / 1 $ $ $
$ ! /(/ 0 % 1 / 1 $ $$ $
$ ! /(/ 0 % 1 / 1 $ $ $ $
* + ,% - $ $
$ * + . $
0 &2 3 / % 2
3 % 4 %1 #
$ 3 % 4 %1 # $ $ $ $$
31 * + &' (
$ 3 / * / &' (
$ 4 ) &) 1+ # $ $ $ $
9299999. Common Stocks - Mutual Funds $ XXX XXX
( %"
9399999. Common Stocks - Money Market Mutual Funds XXX XXX
9799997. Total - Common Stocks - Part 3 5 6 XXX XXX
9799998. Total - Common Stocks - Part 5 XXX XXX XXX XXX
10
NAIC Designation
or
Market
Indicator
(a)

E04.11
1
2
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 3
3
Show All Long-Term Bonds and Stock Acquired During the Current Quarter
4
5
6
Number of
Shares of
Stock
7
8
9
Paid for Accrued
Interest and
Dividends
CUSIP
Date
Identification
Description
Foreign Acquired
Name of Vendor
Actual Cost
Par Value
9799999. Total - Common Stocks XXX XXX
9899999. Total - Preferred and Common Stocks XXX XXX
9999999 - Totals
(a) For all common stock bearing the NAIC market indicator "U" provide: the number of such issues
XXX XXX
10
NAIC Designation
or
Market
Indicator
(a)

E05
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " #
! # ! " $# $# $# $#% $#
% # ! ! " % #
# ! " % % % %
& % " ! " % $ % $ % $% # % $ # % % % $ $
# ! " $ $ $ $ % $
# ' & ! " $# $# $ % $% $# $ %
# ( ) ! " $ $ $ $ $ $
# ! " $ # $%% $ # $%% $ $ $ $ % $% $% $ # $%% $ %
# # ! " $# $ $# $ $ % $ # $ %%$# # $# % $# % $# $ $%
# ' # ! " %$# $ % %$# $ % %$ %$ % %$# $ # $ $ %$# $ % $
# ! " $## $ # $## $ # $# $ $## $## $ $ $## $ # $% # %
# # ! " $# %$# $# %$# $ # $ $ %$ $ $ $# %$# $ %
# ) ! " $# $#%# $# $#%# $ #$ $# $ $ % $ % $# $#%# $ %#
# ) ! " $#% $#% $ $% # # $#% %
# #) # ) ! " $% # $% # $ % $% % $% # # %
# % # ) ! " ##$ ##$ # $ # ##$ ##$ $
# !( # % ! " $ % $ % $ # $ #% $ %
# ( % % ! " $ $ $# % $
# % % % ! " $ $ # $ $ $
# % ! " $ % $ % $ $ % $
# ! %% ! " $ % $ % $ #% ## ## $ % $
# ' %%# ! " $ $ $ % % $ $
# ! % ) ! " $ $ $# $ # $ #%
# % ! " % %
# # ! " # $ # $ # $ # $ % # $ $
# % % ! " $% %$ # $% %$ # $% $# $% %$ # $% %$ # #$# #
# ! " $ $% $ $% $ # $ % %$ %$ $ $% $ # %
# ! " $ %$ $ %$ $ $ % $ $ # $ # $ $ %$ $
# % ! " $ $# $ $# $ $ $ $ %$##% %$##% $ $# % $%%#
# ! " $% $ $% $ $% $ $% $ #$ #$ $% $ $
# # ! " $%# $## $%# $## $% $# $% $ % $ $ $%# $## $%
# % ! " $ # $ % $ # $ % $ #%$ $ ##$% %$ # %$ # $ # $ % % $ #
# ! " #$ $ #$ $ #$ % $ % #$ $ $ $ #$ $ $% %
# ) ! " $ #$ $ #$ $ $# $ $## $ $ $ #$ # $
# # ! " $ $ $ $ $ $ % $# $# $ $ $
# * " % % ! " $ $ $# $ $ $ $ %
# * ! % ! " $#% $#% %$ $#% $
# * % % # % ! " $ # $ # $# $ # $ %#
# * %* % # ! " $ # $ # $# % % $ # #
# * % ! " $ %% $ %% $ $# # # $ %% $%
# * % % ! " $# $ $# $ $ % $% $#% $% $ $ $# $ %$
# * ! % #% ! " $ $ $ $ $ % $ $ $ $% $% $ $ #$ #
# * " % # ! " $ # $ $ # $ $ $ $ $ $ # $ # $ # $ $ %
# * " % ! " %$ %% %$ %% $ $ $ $ %$ %% #$
# * !% % % ! " $ $ $ $ $ $ $ $ $ $ # $%%
# " # # ! " %$ % %$ % $# %$ # # %$ % $
# ! # % ! " #$ % #$ % $ #$ # # #$ % #$ #
# #%# ! " $ % $ % $ $ $ % $ %
# " # # %# ! " # $ # $ # #$# # $ $% % $% % # $ $
# # # # % ! " $ $ $ %% $ # $ $ #
# # ( # # ! " $ # $ $ $ # #
# # #* # % % ! " $ $ $ $ $ $ $ $ $# $# $ $ $
# #( * # %# ! " $ $ $ $ $ $% $ #$%% $% $% $ $ # $ # #
# #( # % ! " $ # $ # $ $ # $#
# # # # % ! " #$ #$ #$ #$ # #$ %
# # ( % % %# ! " $ $# $ $# $ $ % $ $% # $ $ $ $# %$ %
# # # % ! " $ %%$ # $ %%$ # $ $ $ $ $ $ $ %%$ # %#$
# # " % % ! " $ $ $ $ $ $ $ $ # $ # $ # $ $ # $ #

E05.1
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! ! ! ! !
" # ! $ ! ! ! ! # $ # $ ! !
% & # $ ' ( ! ! ! ! ! !
( % ' ! ! ! ! ! !
& % & # $ ' ( ! ! ! ! !
) % & # $ ' ( ! ! ! ! ! ! ! ! ! ! ! ! !
) % & # $ ' ( ! ! ! ! # $ # $ !
) % & # $ ' ( ! ! ! ! ! !
) % & # $ ' ( ! ! ! ! # $ # $ ! !
) % & # $ ' ( ! ! ! ! # $ # $ !
) % & # $ ' ( ! ! ! ! # $ # $ ! !
) % & ' ( ! ! ! ! ! !
) % & # $ ' ( ! ! ! ! # $ # $ ! !
) % & # $ ' ( ! ! ! ! !
) % & # $ ' ( ! ! ! ! !
) % & ' ( ! ! ! ! ! !
) % & # $ ' ( ! ! ! ! # $ # $ !
) % & # $ ' ( ! ! ! ! ! !
) % & # $ ' ( ! ! ! ! # $ # $ ! !
) % & # $ ' ( ! ! ! ! ! !
) % & # $ ' ( ! ! ! ! !
) % & # $ ' ( ! ! ! ! !
) % & # $ ' ( ! ! ! ! ! !
) % & # $ * ! ! ! ! ! ! # $ # $ ! ! # ! $ # ! $ !
)) % & # $ + ' ( ! ! ! ! !
)) % & # $ ' ( ! ! ! ! ! !
)) % & # $ ' ( ! ! ! ! ! !
)) % & # $ ' ( ! ! ! ! # $ # $ !
)) % & # $ ' ( ! ! ! ! !
)) % & # $ ' ( ! ! ! ! !
)) % & # $ ' ( ! ! ! ! ! !
)) % & # $ ' ( ! ! ! ! ! !
)) % & # $ ' ( ! ! ! ! ! !
)) % & # $ ' ( ! ! ! ! !
)) % & # $ ' ( ! ! ! ! !
)) % & # $ ' ( ! ! ! ! !
)) % & # $ ' ( ! ! ! ! ! !
)) % & # $ ' ( ! ! ! ! !
)) % & # $ ' ( ! ! ! ! !
)) % ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
0399999. Bonds - U.S. Governments ! ! ! ! ! ! ! ! ! ! ! ! # ! $ # ! $ ! ! XXX XXX
" , * ! ! ! ! ! ! ! ! # ! $ ! ! ! ! !
- ' ! ! ! ! ! ! ! ! ! ! # ! ! $ ! ! ! ! ! ! !
! ! ! ! ! ! ! ! ! ! ! ! ! ! !
% % ' ! ! ! ! ! ! ! ! ! ! # ! ! $ ! ! ! ! ! ! !
&
( &
! ! ! ! ! ! ! ! ! ! ! ! ! ! !
( % ,
( '
! ! ! ! # ! $ # ! $ ! # ! $ # ! $ !
! ! ! ! ! ! ! ! # ! $ # ! $ ! ! ! ! !
( ! ! ! ! ! ! ! ! # ! $ # ! $ ! ! # ! $ # ! $ !
% ! ! ! ! ! ! ! ! ! ! ! ! # ! $ # ! $ !
( ' ! ! ! ! ! ! ! ! ! ! ! ! !

E05.2
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! !
%
! ! " # $ #
! ! ! ! & ' & ' !
("
" " # # #
& ' & ' !
" " # $ # ! ! ! ! ! !
" " # $ # ! ! ! !
"
" $ # " #
! !
" # % & ' & ' & ' & '
) ! ! ! ! ! ! ! ! ! ! !
) !
"
* # " !
! ! ! ! ! ! ! ! ! ! !
1099999. Bonds - All Other Governments ! ! ! ! & ! ! ' ! !! ! ! ! XXX XXX
! $ % $ " # " ! ! ! !
% " & ' "
% ! " " & ' " ! ! ! !
% # " & ' "
" # " & ' " !
# " & ' " ! ! ! ! ! !
(# % ! # # * " ! ! ! ! ! !
! # # " ! !+
! # " & ' " !! !
" % * " & ' & ' !
" % " # " " !
## -.
! $ % , % #
/
## -.
# % % #
/ ! ! ! ! !
## -.
! " ) % ,
/
% ! " & ' " ! !! ! !! ! ! !!
"
% # %* %
& ' & ' !
" " !
0 " " " " ! ! ! ! !
0 " " " "
# ## "
) ! * # " " !
) ! " & ' & '
( % ! & ' & ' !
( ) ! % & ' & ' ! !
( " % ! & ' & ' !
! " ! ! ! !
" ! ! & ' & ' ! !
# ! ! " ! & ' & '
#) ! "
% "
" " & ' & ' !
" ! & ' & ' !
) ! " ! & ' & ' !! !
! " & ' & '
! " ! ! ! ! !

E05.3
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
!"
# $ !"
#% ! !"
#% % !"
&! # !"
$ ! ' !"
! ( ' !"
! !( !"
& ! ( ' !"
$ ! ''! % !"
$( ! &# & (" % &!
$ ! ) ( '
! '
! '
! % ) '
' ! '
&' ! '
) ! & ) ' !(%
# ! '
! " ' *
) ! % " ' *
' ! '
! " '
! " ' *
! " '
! " " ' *
( ! % '
' ! ") ) '
! ) ) '
! " '
& ! " '
#& ! '
% ! $ ) '
! '
( ! " '
' ! '
+ ! $ ) '
! '
! " '
# ! " '
! ) ) '
! " (% " (&!& ( % & (
! '
& ! ) ) '
! ) ) '
+# ! % ) '
! ! % " ' *
! '
# ! " '
! $ '
! $ '
! '
'
! ) ) '
! ! % '
! ) ) '
! '
# ! ) ) '

E05.4
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
!
"# # $
#
% !
$ ! &" '% ! &' ' & " ' & (
!
" "
" "
"
%)
" $ $ '%
$ $ '%
' $ $ '%
" $ $ '%
*$ $ $ '%
$' $ '%
"# $ ' $ '%
+ &$ $ '%
) $ $ '%
$" $ $
+ '
$# $ '%
) $ $ '%
) *$ $
$ $
' $ $ '%
#$ $ '%
+ $ $
" $ ' $
' '
+ $ $
'
" '
" '%+' &! " '
'
+ '%+' &! " '
%) &'
&
$
$ $ '%
% '
" '
& +
& *)
& #
& + #
& ' !
& ) $ $ '%
& !
& !
& & "
& " #
& "
&
& ' #
& $ $

E05.5
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " #$ ! ! ! ! !
% ! !
! ! ! ! !
# !
& ! ! ! ! ! !
% ! !
# & ! ! ! ! ! !
! % ! ! ! ! ! ! !
! & ! ! ! ! ! !
& ! " ' ! ! !! !!
& ! ! ! ! !
" ( ! ! ! ! ! ! ! !
(( % ! !! ! ! ! ! !
! &
! " #$ # % ( #
) ! #$ # % ( #
" ! # #$ # % ( # ! !
#$ # % ( # ! !
#* ! % ! ! ! ! !
! # #$ # % ( # ! !
(& !! % #$ # % ( # ! ! ! ! !
! #$ !
! ! # #$ # % ( # ! !
! ! #$ # % ( # ! ! ! !
! * ! ! !
! & ' #$ # % ( # !
! * #$ ! !
! *' # #$ # % ( # ! ! ! !
! #$ !
#$ # % ( #
& #$ ! ! ! !!!
$ ! (
#$ ! ! ! ! ! ! !
#$ ! ! ! ! !
" #$ ! ! ! ! !
#$ !
( #$ ! ! ! ! ! !
" & #$ ! ! ! ! ! !! ! !
) #$
#$ !
& # #$ # % ( # ! !
** ! # #$ # % ( # ! ! ! ! ! !
! # #$ # % ( # ! ! !
" #$ # % ( # ! ! !
# !! " #$ # % ( # ! ! ! ! ! ! !
" # #$ # % ( # ! !
(# ! ! #$ # % ( # ! ! !
! #$ # % ( # !
#$ # % ( # ! ! ! !
# ! # #$ # % ( # ! !
* ) #$ # % ( # ! ! !!
! ! ! ! ! ! ! ! ! !
( # #$ # % ( # ! ! ! ! ! ! ! ! ! !
#$ # % ( # ! ! ! !
#$ ! ! ! ! ! ! !
' % ) ( #$ !
'$ % ) ( #$ ! ! ! !
' #$ ! ! ! ! !

E05.6
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " " " "" "
# $ % " " "" & ' & ' " "
" " " " " "
( # " " "
( "
" " " " " " " " " " " "
( " "" "
( " "
# " " " " " " " "
) % " "
) " % " " " " " "
* " " "
* )( ! "" "" " "" "
% * " " " " "
%
% !# " " " " " "
" " " " " " "
"
" " " "
) " "
& '
" " "" " "
" " " " " "
"
"
& ' "
""
"
" " "
"
" ""
& ' " " " " " "
" & ' & ' & '
" " " " " " "
% "
" " " " " "
* "
& ' " " &" ' &" ' "
" " " " " " " " "
" " "" "
% ( " "
* " " " " " " " "
" " " " "
#
# $ % "
# * " " " " "
# # %
# * " " " "
# % " "
# # & ' " "
# ! ( # $ % " " " " " " " " "
) ( & ' " " "
) " " " " " " " " "
) & ' "
) * & ' " " " " "
) & ' " " & ' & ' "
) ) " " " " "
) #

E05.7
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! "
# " $ % ! ! ! ! ! !
& ! $ % ! " !
' " $ % "
( % ' $ % " " ! ! " !" !
" ) $ % !
) ( % ' $ % !"" !
$ % !" "
" ) $ % ! ! !
% $ % ! ! ! !
( $ % ! ! " " " " !
" $ % ! ! ! "" ! "
$ % ! ! " ! " "
# " ! $ % ! "
* $ % ! ! " !
' ! &% $ ' $ % ! ! " !
$ % " " " ! " " !!
" $ % ! !
$ % " " " " " " !" " " " "
" ( % ' $ % " ! "
( $ % ! ! ! !
! % ' $ % " " ! " ! !
! $ % "
" " ! ( % ' ! ! " !
" ! &% $ ' " "" " "" " " " "" ! ! ! "
" # ) " " " ! !
" " ! ( " " ! " "
" " )
" # "
" ( ( & "
") * ! $ ( " !! ! ! " "
") & ! " !
") ! ) ! " ! " " ! "! ! " "
" ) &% $ ' " " " " " "
" ! ! * ""! ""! " ""! ""!
" & ! ) $ " " " ! " ! ! " !
" " ( ( ! ! "" " "
" " "! $ ( ! ! " " !
" # " ) " " ! ""
" " " " " " " " " !
"# # # $ ( "! "! " " "!
"# ' ) &% $ ' " " ! " "! " "
"# # ( % ' " " ! " " " ! ! "
"# * $ ( " " ! " " "
"# '& " * $ " " " " " "
"# ' " " # " " " "
"# & ! ! " !! " !! ! " ! ! ! " !! !"
"# ) $ !
"* !" ( ! ! ! ! ! " ! !
"* ! ( ! " !
"* ! ' ! ! ! ! !
"* " ( % ' ! ! ! " " ! !
"* ' " ) " " " ! "
"* ! ) # $ !+
"* " ) $ ! !
"' # $ ( ! " !
"' # ) * &% $ ' " " " " " " "
"' ! * !! !! " " !!
"' ' $ ! ! " " " !

E05.8
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! ! ! ! ! ! ! !
! " ! ! ! !
! ! ! !
# ! $ # ! ! ! !
% & ! ! !
! ! !
' " ! !
"
! ! ! ! ! ! ! !
( ! ! !
! ! ! ! ! ! ! ! !
! !! !
$ ( ! !
! ! ! !
) ! ! !
' ! ! !
' $" ! ! ! ! ! !
' ( ) ( )$ $ ) $ ) !
' ! ! ! !
' ! ( ) ( )$ $ ) $ )
' '! !
' ' ( ! !
' % ! !
' % ( ! !
* ! ! ! ! ! ! ! ! ! !
! ! !
! ) !
! ) ! ! ! !
) " ! ! ! ! ! ! !
) ' !
) ) ! ! ! !
) *% ! & ! ! ! ! ! !
) ! ! ! ! ! ! ! ! !
" * & !
" ! ! ! ! !
" ! ! ! ! ! !
" #% ! ! !
" ) " ( ! !+
! ! ! !
% ! ! ! ! !
" ! !
!
&' ! !
& ! ! ! ! ! !
%* ! ! !! ! ! !
& !
! ! !
!
%
$ ! ! ! !
$ !
$ % ! ! ! !
$' ! ! ! !
' ! !
! ! ! !
* &
$ ! !

E05.9
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
!
"
" ##
"
" $
" %
!
# #&'# !( #
) ) #&
) ) #&
"
) '
" !
$ !
) '
) ) #&
) ) #&
' ) ) #&
) ! ) !
!$ # #&'# !( #
' ) ) #&
) ) " #&
# ) ) #&
#&'# !( #
! ! !
) ) #&
) ) #&
# ) ) #&
) ) #&
) ) #&
% ) ) #&
) ) #&
& ) ) #&
& # "
& &) #&'# !( #
& $ #&'# !( #
& #&
& ) ) ) #&
& #&'# !( #
" #&'# !( #
* #&'# !( #
% #&'# !( #
) ) #&
&
& ) ) #&
! " ) ) #&
* ) ) #&
* )# ) #&
#&'# !( #
#&'# !( #
% ) ) #&
& ) '
#
"
$ #&'# !( #
# "
& # #&'# !( #
& #&'# !( #

E05.10
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! "# $ % % % %
&' ( & % % &
" & ! "# $
& ' & & % %& %& & &
)" ' $ % % % % % % %&& % %
( % % % %
' & ( & %
' % &&
( " % & & & & & %
! % % % % % % % %
% %
% %& %& %& %& %& %
% $ & & & & & & & & & & %
*
% $ & & & % % & & &
% $ )$ & % & & &% &
% $ & % % & % & % &
% *! & %
%&" & %%&
%& () & & %
& % & & & & && % & & & & &
* % % % % % % &
*
! %% & & && & &
& ' ' ! %& &&% %& &&% % %&& %& &&% % &
% & '$ ' ! & & % && && & %
$ ' ' ! % & % & % % %& %& % &
% % ! "# $ % % & % &
" % % % % & % % % %
& ( %% & & % %
$ ' ' ! % % % % && & & % %
* %% %% % & %% & & %% % %
% % ' ' & &% & &% & & & & &% & % %
' ' ! % % % & & %
&! ! * %& %& % %& & %
! ' $ % & & % %
& ' ' ! % %
* & ! * & % % & &
' ' & & & &% & & & & & & %
%& ! * % % % & % % % % &
' ' %% %% & %% %
% % $ * % % % % % %% % % % % & & &
& % * ! & & & % & & %
*% & % ' ' ! % % % % % &
% ! %
&% &% & &% &%
! ') ' ! & % & % % & & & % &
) * ! % % % & % %
% % % % % % % % % % % % % & %
' * ! & && & % % &
( & % % & & % %
( ( & ' ' ! & & &% & % % % & %
( ( & '$ ' ! % & % & % % % % % & & & %
( && ' ' ! & & &&& % % %& &
( &&& * %& %& & % % % %& & %
( &&& ' ' ! %% %& % % &
&* % && ! * & & & & & %% & &
&& ' ' ! % %& % %

E05.11
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
$
! ! " # " # " #
% ! ! " # " # " #
&
$ & !
' ( ') &
% *
&
%'
'* ! " #
'
" # " #
' ! !
' * !" #
' !
( $! ( ') &
% * !" # " # " #
% !" # " # " #
% * ! !" #
% % ! !" # " # " #
( ') &
$
& ( ') &
! & % !" #
(( ( ') &
$ ! !" # " # " #
' ! !" # " # " #
! ! " # " # " #
$ ! ! " # " # " #
! ! ! " # " # " #
! (
% (
! &% ! ( " # " #
! &
! (
! %
*
$ " # " #
" # " #
$
" # " #
!
(
" # " #
* &
" # " #
' " # " #
*$ " # " #
(' " # " #
" # " #

E05.12
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
!
"
#
$
%
# &'
(
$
#"
#
$
$ #
)
#
% $
% $
#
&
) '$
!
"
" "
#
"
'$
$ !
' &
)
&
&
&
'
'
' #
'
' !
'
' $
'
' (
('
" "
* ' $ +$ % + "+ ++ ) ", ,
% $ ' $ $ ' '
+ + % ) ' +

E05.13
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
$
! " ! "
#
%
! " ! "
&' ! " ! "
! " ' (
& & ) ' (
& & ) ' (
& & ) ' (
*( & & ) ' (
& & ) ' (
! " ' (
& & ) ' (
) $ ! " ' (
# $ ! " ' ( ! " ! "
( & & ) ' (
( ! " ' (
( ! " ' (
( & & ) ' (
$ &( & ) ' (
$ $ ! " ' (
$ ! " ' ( ! " ! " &
# $ ! " ' ( ! " ! "
' $ ! " ' ( ! " ! " &
$ ! " ' ( ! " ! "
! " ' ( ! " ! "
% $ ! " ' (
# * ! " ' ( ! " ! "
# $ ! " ' ( ! " ! "
' ! " ' (
) ' (
$ ! " ' (
$ ) ' (
) $ ! " ' (
) * $ ! " ' (
' % ( $ ! " ' (
' # $ ! " ' (
' # $ ! " ' (
& & ) ' (
& ' (
* & ' (
) ' ' (
) ' ' (
() ) ' ' (
$ & & ) ' (
$$ & & ) ' (
& & ) ' (
& & ) ' (
) ' ' (
& & ) ' (
%* & & ) ' (
% ) ' ' ( ! " ! "
& & ) ' (

E05.14
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
!" " # $
% &' (
% " "# $
%
!
"
" &
"# $
" "% '&' % ' "
" ) " )' " " % "%
" & )
"% '& " (( *+
' & " (
, )
( " " " & ' % )
"% '& " (( *+
" % && & )'
, )
! & " ' % )
( ' ' ' " # $ )
" ' - " # $ )
) " ' % )
() ' " .
( ) % &' ( ' %
' ' )% &'
& (("
' ' )% &'
" / ) & " '" ' (' #" $ (&
" ')%( " &' % "% ) ' % )
3199999. Bonds - U.S. Special Revenues XXX XXX
- "% '&' ' "
)" " '& ( & % & ' " % &
" & # $ )
' ' )% &'
/ " & (("
' ' )% &'
( " ! & & &' ' " " % &
)
) " & % & % & & % " & ' % )
' ' )% &'
" & % & % & & % " &
)
) & ' %"& " % & ' % # $ # $ # $ # $ )
"'&' %
) '" " ' &
" & )
' ' )% &'
) ! ) ! " & & & % " &
)
' ' )% &'
. %" " '(( & % &
' ' )% &'
. % " '(( & % &
' ' )% &'
- & ' & &
)

E05.15
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! "
!
"
! # # #
! $ !% $ !%
! # & & ' " ( " ! ! ! ! ! ! ! ! ! !
* "
!! ) ## $ *%
* "
! ! ) " ## * " ## !
!
* "
! ' # !
! !! ! !! ! !! ! !! ! !!
* "
! ) ( '
+ # #&#& ! , ! ! ! ! ! !
+ ' # & ' ! $ % $ % !
) ! ## # , !!
! " - # ' ! ! ! ! !
* "
!! # ##
! ! ! $ % $ % !
, # '
(" ' ! ! ! ! !
" (" ' !
! ( # #' ' $ % $ % !
! " ( # #' ' ! $ ! % $ ! % !
! ## ' ! $ !% $ !%
* ' ' " ( "
! ' !
" ! ' ! !
! ( '
. ! # # ! ' !!! !!! !!! !!! !!! ! !
! ! # ' ! ! ! ! !
. # ,
! # ! . ' ! ! ! !
. ' ! ! ! ! ! !
# * ' ! ! ! ! ! ! ! ! ! ! ! ! !
"' ' " " ' ! $ % $ %
# ,
' ## /0
+ " - # " &
&
! 1 # # &
'
! ( " # ! #' ' ! $ % $ %
' ' " ( # #' ' ! ! $! % $! % !
" # , . # ' ' !! !
" "" ( # #' ' ! $ % $ % ! !
* "
" , "' " " !
! ! ! ! ! ! ! !
! #
'
# . ' ! ! $ % $ %
! * ' $ % $ %
" ! # ( # ! #' ' ! $ % $ % !
# ! # ' !
, #( . ' !! !! !! !! !!
#( '
' & ! ! ' ! $ % $ % ! !

E05.16
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
!
" ! #
$ # #
# %
# )# % #
& # ' # (
* # # ' ( ' (
! ! #
" # # # # # ' ( ' (
! #
* +
% % ' ( ' (
# # # % # ' ( ' (
# "# # ' ( ' (
#
# " #
) # +
% #
)# * # # % #
% $ # #
% # %
# )# % #
, # % ) # %
" ! #
*+ !
* " *
% *
*
# )# % #
) # %
- # $ . #
/ $ .
# # %
' ( ' (
! !
# %
#
+% * # # ' ( ' (
# %
" #
# # ) # % % # ' ( ' (
% #! % #
) % / # # # ' (
% # #
#
)
" # ' ( ' (
' ( ' (
& . . " #
# )# % #
, + .
# )# % #
, + .
# )# % #
- + . .
# )# % #
& + .
' ( ' (

E05.17
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " #
$ ! " # ! !
$ ! " # !
! % & # # ' ( ' ( !
! " % & " # ! ! !
) %
% # %
' !! ( ! ! !
%
* % # + + + + ' % (
! ! ! ! ! !
* " $ !
* ! $ ! !
* $
* $ ! !
* $ " $
! # % $ ! ' ! ( ' ! ( ! !
! " & " # ! ! ! !
! ! !
" ! ! " , $ ! ! ! ! ! !
" ! " , !
! & # " # ! ! ! !
! ) $ " " # ! ! ! ! ! ! !
$ ! ! ! ! !
* " " " #
* & " # !
* " #
* " " # ! ! ! !
* " " #
* $ " " #
! ) & " # ! ! ! ! ! ! ! ! !
! ! & " # !
! &$ ! " # ! ! ! ! !
# " ! ! , ! # # !
* " " ! # ! !
* ! , %
" , & # $ ! !
! # % ! , %
%
!
!!
' ( ' (
! & #
! % # $ ! ! ! ! ! ! ! !
" " & # " #
%
! ! ! ! !
% % # "
! ! ' ( ' ( !
" ! # # ! ! !! ' !!( ' !!( ! !
"
" ! ! ! ' ( ' ( ! ! ! !
) # # ' ( ' (
# ! " # ! ' ( ' ( !
%% ! ! " # " #
%
!
- %
! ! ! ! !
* % + $ ! ! ! ! !
%
* $ +
! ! ! ! !
% $ " # ! $
) .
$ " #
! ! ' ( ' (

E05.18
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! "
# $ ! !! ! !! ! ! ! !! ! ! "
' ( " #
% # &&
' ( " #
) $ # * && $
+( # $ ! "
' +( , & $ ! ! ! ! ! ! "
# +( ! ! ! ! "
+( ! "
+( ! "
+( ! ! "
+( ! ! ! ! ! ! ! "
+( ! "
, +( ! !! "
' ( " #
% &&
! ! ! ! !
+ * " # $ ! ! "
* && "# + & &$ $# ! !! !! !! "
* # # - ! ( & # # ! ! ! "
( # # - " ! ( & # # ! ! ! ! ! ! ! ! ! ! ! ! "
* "" # ( (
# # - "
' ! ! ! ! "
( #
& # , & $ !
! ! ! ! ! ! ! ! ! ! ! ! "
( #
# ! # " , & $ !
!! ! ! ! ! ! ! ! ! ! ! "
# ( & $ # $
# " , & $ !
# ! ! ! ! "
&
# (
# ! "
'- # ' # $ ! ! ! !! ! "
& # ' # $ "
& ! # ' # $ ! ! ! ! ! ! ! ! "
&" # ' # $ "
& # + & &$ $# ! "
# # ! ! ! ! ! ! ! ! ! "
( # ' # $ ! ! "
# ' # $ "
* # ' # $ "
' # ' # $ ! "
& # ' # $ ! ! ! "
# # " ' # $ "
! # ( ' # $ "
" # + & &$ $# "
!' " ! , # $ ! ! ! ! ! ! ! ! ! "
!' '- # $ ! ! "
!' & # $ ! ! ! ! "
! ( # # $ ! ! "
!+ " # # $ ! ! ! ! ! ! ! ! ! ! "
# $ ! "
# $ ! "
" # # $ ! ! ! "
# # $ ! "
# # $ "
# # $ "
# # $ ! "
# # , # $ ! ! ! "

E05.19
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " ! " ! "
#
#
$ % & ! " ! "
$ ' & $ & $ ! " ! "
( ' & $ & $ ! " ! "
&
( %
% & & ! " ! " ! " ! "
) ' & $ & $ ! " ! "
& +& # % &
* & $$ ! $& "
( + & & #% ' # % & &
& +& # % &
* $$ # + , , %
& +& # % &
- $$ # + , , ! #
& +& # % &
- $$ # +
! " ! "
& +& # % &
. $$ # + , , ! #
& +& # % &
. $$ # + , ,
& +& # % &
- $$ # + , ,
& +& # % &
. $$ # + & $
& +& # % &
- $$ # + , ,
& +& # % &
. $$ # + ! )&$$ "
& +& # % &
* # $ % % ! # )&$$ "
& +& # % &
$ & &
$&
& $ % %
& +& # % &
- & # $ !& & "
& +& # % &
% & $ % & %
$ ' & $ & $ ! " ! "
&
% & &
% # $ & #%
% $& # % % ) & %
& +& # % &
% $& # %
& +& # % &
$$ ! # "
+
#
& +& # % &
- &# & $$ ! "
& +& # % &
. $ $$ ! "
( $ '
$ $ $ % & % & $

E05.20
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! "#
$ ! $ " ! "#
" ! $ " ! "#
% $ " ! "#
& & ! ! "#
% # #
' ( ) ) )
!
& & " #
& # #
!
& & " #
& # #
#" & ! "#
% # #
* + ,
$ ! "#
! & # ! "#
% # #
' ! % & + ( ,
% # #
$ ( & & &
+ , + ,
! ( & & & (
% # #
! ( & & &
% # #
* ( ! % # !
% # #
- ( ! % # & &
! "#
! "#
! "#
! !
! "#
" ! "#
! "#
& ! "#
! "#
" ! "#
! "#
& ! # ! "#
& ! "#
. ! ! ! "#
! ! ! "#
( ! $ ! "#
! $ ! "#
" ! ! ! "#
! # ! "#
% # #
* ( ! % # & &
! $ ! "#
$ .
.
(
& # ! "#
$ ! "#
& ! "# + , + ,

E05.21
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
# $ %
$
! " ! "
$
$
# # ! " ! "
& # ! " ! "
! " ! "
& # ! " ! "
# &
$ # ' ! "
() #
' # ' & ! " ! "
$
*)
#
#
# '
' # ' ! " ! "
#
#
$
# $ %
* # ! "
# # ' & $ %
( # ' $ % $ %
&
( $ %
# % # # % $ $
% # # % $ $
$ %
$ %
& % # # % $ $
$ %
$ $ &$ %
$ %
% )% * $ %
+ , ) %
% )% * $ %
- , ) % !
$ % ! " ! "
! " ! "
*
% )% * $ %
+ % * * $
% )% * $ %
+ % *
' ( $ $ $ %
(# $ %
(# $ %
# $ %
* # $ %
( % % ! " ! "

E05.22
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " " # $ # $
&' "
% &
&' "
% &
&' "
% &
"
&
"
% &
( )
&
' &
& )
! )
%" &
' & )
*
( *
&
'
" # $ # $
"
'% "
" ' "!
% "! " "
( '
+ "" ( ""
, (
" " -
( '
* ' ) # $ # $
* # $ # $
'"
(! *
"
* * # $ # $
' "
"
% # $ # $
'
' ' * "
' "
' )% "
' "
" ! "
" *
' " " * )
' " " * )
( '
. " ) ' " ""

E05.23
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
# $
! " ! " ! " ! "
! " ! "
% ! " ! "
# &
% #
% ' ! " ! "
( ' ! " ! "
% ) #
' # ) # ! " ! "
' # # ! " ! "
* ' ! " ! "
) #
#
( ' ! " ! "
) #
% ' ! " ! "
( ( #
+ #
+ #
+ ( #
+ $ #
+ % #
+ #
+ #
+ #
+ #
+ ) #
+ #
+ $ #
+ # # &
+ # &
*
* (
, * *
* # # &
) $ & # ! " ! "
* (
,
! " ! "
# $ )
# % $ ) #
* (
,
,
# $ (
# $ ( ! " ! "
'
' ! " ! "
( $ ! " ! "
' ! " ! "
' ! " ! "
# $
* &&
! " ! "
#
# ! " ! "

E05.24
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " ! "
# $ %% & ' &
# $ %% & ' &
# $ # & & ! " ! "
& &
' ( $ &
! " ! " ! " ! "
) &
' $
$ ! " ! " ! " ! "
& &
' ( $ *
! " ! " ! " ! "
+ $
&
! " ! " ! " ! "
) (
# & & ! " ! "
* ( ! " ! "
* (
* # & & ! " ! "
* $ ( ! " ! "
* * (
# ( ! " ! "
# & & ! " ! "
'+ (
# (
# & & ! " ! "
& (
$ (
$ (
$ (
( ( ! " ! "
& $& &
, #
$% # + (
& $& &
, + $ ( $ ! ( + "
* (
( (
) & &
) & & ! " ! "
+ ) * (
+ * (
(
% (
* &
$ & % (
& * (
& % (
& (
& (
& (
(& + &
$ # &
$ $
+ & ' + & & & ! " ! "
, & ' & & & - &
( + '& &
$
( + '& &
# &
! " ! "

E05.25
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! !
! ! !! !! ! !
"
!!! !!! ! !! !!! !
! " " " # " $# " " # ! % & % & % & % &
' ( " #"
( ( ! ! ! ! ! !
" # "
! ) " " # #"
" " ! ! ! !
! (# " !
! (# " ! ! ! ! ! ! ! ! ! !
! $ (# " % !& % !& !
$ # "
* " $
! ! ! ! ! ! ! % & % & ! ! !
$ " "
"
$" #
" !
# $ # " ! ! ! ! ! !
# ' # " !
# + # " ! ! ! !
! ! !
! " ! ! !
$ # "
! , " , % " &
! ! ! ! !
$ # "
! , "$ " ' " "
!! !! !! !!
$ # "
! , ! "$ " ' - - % "
#" /0
!. ) " " - ! - !
#" /0
!. " " - ! - ! !
" " "
!. " " -
#"
' ( ! !
' " #" ! !!
' # " ! ! ! ! ! !
' # " ! ! ! ! ! ! ! ! ! !
( ' " #" % & % & !
" ' " #" ! % ! & % ! &
" ' ( ! ! ! !
' " #" !
) ' # " !
) ' # " !
) ' # " !
) ' " #" ! ! !
' # " ! ! !
' " ! ! !
$ ' ' ! " !
$ ' ( ! ! ! ! !
$ ' ' # " ! % !& % !&
$ # "
! . $" -
$ # "
! . # "$ "#
! ! ! ! !
$ # "
! . # "$ "#
! . #' " )) " " ' % & " # ! ! ! ! ! ! ! ! ! !

E05.26
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
# $ % ! & & % ' ( "
! ! ! ! ! ! "
!" " !" " !" " !" " !" " ! " "
# & % ( #
! ! ) ! ! ) ! ! ) ! ! ) ! ! ) !) )
# ) % % * $ % $ ! ) ! ) !" ) ) ! ) !")
# " % # ! ! $ $ ! ! " ! "( ! "( #!" #
# ' % %! ) % )! # ! )) )! ! )! ! )! ! )! ! # ! )) # ! )) " "!##
+
# ' % %!
% ! ! ! ) ! ! ! # ! ) ! ! ) ! ! ) ( ! ) ( ! #
# ' % ! ! $ $ ! # !# !# ( !# ( ! )
# ' % %! % ! "! "! ! "! "! ) "! ! ) ! ) ( ! ) ( "! ! #"! ( #"! ( !
# ' % %! % !)#"! "! ! "! "! "! ! ! ( ! ( "! ! "! ( "! ( !) #
+
# ' # % %! )
% !# ! ! ! ! ! ! ! )!"# )!"# ! ! ! ( ! ( ! "#
$ , $
# ' " % % % ) # % ! )! ) ! ! #! # !# !") ! )!) # )!) # !# ! ) ! ) ( ) ! ) ( ! "
# " % " # -- ) % $ ! ! ! ! ! ! ## )
# " %- # ) * $ # $ ! (
# " # # -- % $ #! #! #! #! # #! !"
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# " - ) -! % $ )! #) )! #) #! ) )! # )! #) ! #
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# " ) -! ) % $ ! ! ! " ! " ! #
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# # ) % %! % $ ! ) ! ) ! # ! )" ! ) !## #
" # - $ + ! ) !") !" ! #! )!) #! )!) #! )!) "! !# "! !# ! ! ) " "
"" ) % $ )! # )! # ! #!"# # # )! # "!
" " % # ) + ! ! ) ! )!" ! !# ! !# " ! ! ! !# ! #( ! #( ! "
" ) ' ! ! $ $ ! ! " ! "( ! "( ! " # #
" # * ) , ) + !" ! !" ! !" ! !" ! ) ! ) ( ! ) ( !" ! ! ) ! #
" )' * $ + ! ! " ! ! ! ! ! ! ! ! " ! )( " ! )( ! # "
" ' #
! ) ! ) ! ) ! ) ! ) !# #
"# # " " % $ "! "! !#) "! " # # "! !
"# # " " , + ) ( " % $ ! ! !) " ! ! ""#
")$ % ) ' ! ! $ $ )! ! ) ! ) ( ! ) ( ! )
")$ ' ' ! ! $ $ ! ! ! ( ! ( ! "
")$ $ ' ! ! ) $ $ ! !# #) ! #) ! ( #) ! ( # !)"" )
% $
")$ " %!
% ! ! !# ! ! )#! # !# ! " ! ! !# !) ) ") ! )( ") ! )( ! )
+ % % $ # !)# # !)# # #! # ! ) ( ( # !)# #! #
) * % $ ! # ! # ! ! ) #( #( ! # ! ##
) " ! * % $ !) # !) # )!" " ! # !) # ! #
) ! * % $ #! #! "!# #! #! !)#
) # # * % $ )! )! !# #! # # )! ! #
+
) ) % %! # % ! # ! !# ! !# ! !# "! !) #( !) #( !# ! !") ! # ( !") ! # ( !
) % # ' ! ! $ $ ! !) !) ( !) ( #! ") # #
) ' ! ! $ $ )! ) ! " ! "( ! "( ! ) "
) # %! ! % $ ! !" ! !" ! ! ! ! " ! ! ! !" " !
) ' " %! % $ )! )" )! )" # ! )! )" )! )" !##
) % %! % $ ! ! ! ! ! ! # ! ! # )!") )!") ! ! " ! )"
% %
) -! )
!# "! ! ! ! !# ! ! ! ! ! ! " ! " #
) * ' ! ! # $ $ ! ! #! " #! "( #! "( ! "

E05.27
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " # " # $ % $
# '" %"
&
#( # (
$$ #
# $ ) % $
& #
! # % % $ '
* " % $ # % $ '
+ # #" % $ '
+ & % $ '
+ & % $ '
+ # % $ '
+ & % $ '
+ & % $ '
+ + & % $ '
+ + & % $ '
+ % $ '
! + # #" % $ '
+ # #" % $ '
' + & % $ '
' + & % $ '
'& + & * % $ '
! + & % $ '
! + & % $ '
! + & % $ '
$( + * % $ '
" (" # % "
, ' # ( # ' - - ' #
" (" # % "
. " % #( #" ' #
" (" # % "
, " % % ' #
! " # " # $ % $
( # " % $ '
* + % $ ' &
+ " ! " # " # $ % $
( # ( ! " # " # $ % $
#"
(( # ( && "
#" "
! " # " # $ % $
! " # " # $ % $
*( ! " # " # $ % $
* ! " # " # $ % $
$* # % $ '
% % % $ '
# % $ '
# # #" % $ '
! # # #" $ % $ '
# # #" $ % $ '
# # % $ '
# # % $ '
( # % # # %"
% # # %"
## # #"% " # #"
## # #"
## # #"
## #"

E05.28
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! "# $
#
# "# $
# "# $
% "# $
%
! & #
' ( ) ( ) ( ) ( )
! % & " " ( ) ( )
! * & " " ( ) ( )
# #
+ " ( % )
+
,
* #
"
#
( ) ( )
&* #
"" #
- "# $
# #
. '
# #
/ $
# $ + #
# #
/ $ + + ( +
+
# +
'
"
# + #
+ "
%
+ + " #
# #
- " "
! # "# $
( ) ( )
( ) ( )
#" # ! "
( ) ( ) ( ) ( )
# + ( ) ( ) ( ) ( )
& " " ( ) ( )
"# $
"# $
( ) ( )
% ! "
! ( ) ( )
/ + ' #
# #
. + ' ' ' (+
# #
- +
$ +
$ ! + #
( ) ( )
# #
- + " ( )
# #
- + # # $ # '

E05.29
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " # " $ % $ #
" ' " $
& " " "
"
& " "
" "
( % )*)+ " " " #
, " " - " $ $# # % + % +
, , " " & - & #
, # " " ( " ' % + % +
* ( , $ # & #
$ - " $ $# # % + % +
& , $ # & #
* " $ " & #
& " "
" "
$ # "
% + % + % + % +
& $ & & #
" " & #
" ( " & #
! " ") )$) $$") & & #
" " # " $ , & # % + % +
" " # " $ "$ " $
$ " " -" "
" $ & " " # ' % + % +
. $ ")
. $ ")
" % + % +
"& $ " " " #
&" &$ " " " " #
" # " $$ /0
" " #
) % + % +
& * & , $ # " $
* * " & #
* "" "& - " $ $# # % + % +
* "" $ & " ' % + % + % + % +
" & & "
* "" " &" ( "
$ # 1 " #
* "" " &" ( "
& " % + % +
* * "" " &" - " $ $# # % + % +
" * "" $ & " & #
" * "" $ & " & #
* "" $ & " & #
* "" $ & " & #
* "" $ & " & #
* "" $ & " & #
* "" $ & " & #
* 1 "
* "" " & ( "
& " % + % + % + % +
" ' " $
& * "" " & ( "
& " % + % +

E05.30
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! "
# ! "
" # $ % & % & "
' (
" " !
% & % & % & % & "
' " ! ( ! ! % ! & % ! & ! "
'
#
! % & % & ! ! ! "
$ ! !! % & % & !! "
) *
!! ! ! ! ! ! % & % & ! % !& % !& "
$ ! % ! & % ! & "
! " ! % & +
! " # "
! ! " # "
! " # ! "
! " # "
"
" !
! % !& % !& % & % & "
$ ! % & % & "
$ ! "
$ ! ! ! "
$ ! "
$ # ! ! ! ! ! ! ! "
$ # ! "
$ # ! ! ! ! ! ! ! ! "
, $ ! % ! & % ! & ! "
! " ! ! ! ! "
" " "
! ,
+ * % & % ' & * ! !! ! !! ! !! ! !! ! !!
"" "
! $ ! '
! ! ! "
! - ) * . ! ! ! !
) * ! ! ! !! "
) * ! ! ! ! "
) " * ! ! "
! "
# ' "
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# ' "
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!
# ' "
- #
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# ' "
# * " ' '
! ! ! ! ! %!& %!& ! "
# ' "
/ # ' %# ' & !
! ! ! ! !
# ' "
/ # ' %# ' & !
! # ! !! !! !! !! !! "
# ! ! ! ! ! "
! # ,, ! "
" #
# ' * ! ! ! ! ! %! & %! & ! ! ! !! "
' (
# '
! ! ! "
!! % & % & "

E05.31
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " ! " #
$ $ % & ' # $ $ ! " ! " #
& #
& ( % $ $ ! " ! " #
& ($ $
& )) $
#
& ($ $
& ) #
! " ! " #
' *
& # )
! " ! " ! " ! " #
& #& % $ $ ! " ! " #
* '
& #) # #
! " ! " ! " ! " #
& % $ $ ! " ! " #
$ $
& + $
! " ! " #
& % $ $ ! " ! " #
& % $ $ ! " ! " #
& % $ $ ! " ! " #
& %(# $ $ ! " ! " #
& % $ $ ! " ! " #
# $
& '
$ $ ! " ! " #
& % $ $ ! " ! " #
& % $ $ ! " ! " #
$ $
& ' #
! " ! " ! " ! " #
& % $ $ ! " ! " #
$ ( $ ! " ! " #
$ # $ #
$ # $ #
$ # $ #
# $ # $ #
# $ # $ #
# $ # $ #
#' $ # $ #
# $ # $ #
# $ # $ ,
'+ # & #
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& #
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$ $ ' # $
- ! #'"
$ $ ' # $
- ' &
$ $ ' # $
- ' '' & '& ! ' "
$ $ ' # $
- ! # "
$ $ ' # $
- ) $ !# "
! " ! "
$ $ ' # $
- '' ' ! "
! " ! "
$ $ ' # $
. $ ! #
$ $ ' # $
. $

E05.32
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " ! "
# ! # $ " % % % % % %
%% %% %% %% %% % %
& ' #
(# % ) &
* ) # % % % %
+ # , ' % % % % % %
-
- * - '
% % % % % % % %
-
, - * - '
% % % % % % %
# * -
( %
%% %%
' # ! " ! "
' # %
% ' # % % %
' # % % % % ! " ! " % %
# & ' # % % % % % %
% ' # % % % % ! %" ! %"
& ' # % ! " ! "
# ' # %
# & ' # % % % % % %
# * -
% ( *
% *
% *
% 1 #
' ./
0
' ./
0 %
' ./
0 %
*& ! " %% %
% ' # %
* ) , ! " ! "
+ 0 - !# " % % % % % % %%
+ * * ! % % % % % % %
*+ % - ! , " %
*1 - ! , " % %% % %% % %% % %% % %% %
* - ! , " % % % % %
+ * , * ! %
+ * * * ! *"
% , ' # % % %%
& , & ' ' # %
# , & ' ' # %
, & ' ' # % %
%

E05.33
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! ! ! ! ! ! ! ! ! ! ! "
! # $ "
! " ! ! ! ! ! !! "
! " ! ! ! ! ! ! ! ! !! "
! % ! !! "
! % ! ! !! "
! & ! ! ! ! ! ! !! ! ! !! "
! & ! ! !! "
! ! ! ! "
! ! ' ( ' ( !! "
! ! ! "
! " " ! ! ! ! ! "
! ) ! "
% #
% #
! ! ! ! ! ! ! "
) % "
* &
) % "
* &
! ! ! ! !
) % "
* &
!
! ! ! ! "
! ! ! "
! ! ! ! ! "
! ! ! ! "
" + "
* ! ! ! ! ! ! "
) % "
, # % %#
! "
* ! ! ! ! ! ! ! ,
! ' ( ' ( "
& % ! ! +
+ ! + ! "
+ # ! ' ( ' ( "
# # $ "
! ! ! ! ! ! ! ! ! "
# # % % ! ) - ! ! ! "
# " # % % ! ) ! ! ! ! ! "
# ) - ' ( ' ( ! "
# " - ' ( ' ( "
% - # % " ! ! ! ! ! ! "
% #
! % %
) ! ! ! ! ! ! ! ! "
./
* " % !
0 ! ! ! ! ! !
) % "
" ) !
! ! ! "
! - # " ! "
) ! & - ! ! ' ! ( ' ! ( "
& - ! ' ( ' ( "
#
& & " +
! ! '! ( '! ( ! "
% % 0 ! ! ! ' ( ' ( ! !
! # ! ! ! ! ! ! "
! " - ! ' ( ' ( ! "
" " ! ! "
+ " - ! '! ( '! ( ! ! "
%) ! - - ! "
& #" + "

E05.34
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " ! ! # $ # $
% !% !
!% % ! # $ # $
& !% " ! ! # $ # $
! " ! ! # $ # $
' ! & !
&% % !
' # $ # $
&% " ! ! # $ # $
& " ! ! # $ # $
" ! ! # $ # $
' )
(
# $ # $ # $ # $
' " ! ! # $ # $
! !
&& (( !
# $ # $ # $ # $
&* " ! ! # $ # $
&% " ! ! # $ # $
!
!
! ! # $ # $ # $ # $
" !% " ! ! # $ # $
& %
* " !
! ! ' !
+ ! )
! ! ' !
, ! # '$
! (
* &
& " ! '
! ! ' !
- !
! !
% !
!
% !
! ! ' !
, # ! '$
'
! ! ! !
# $ # $
. ! ! ! ! !
" ! ! # $ # $
! ! ' !
+ '! ! !
! ! ' !
! #
! !
% ! ! '
&!'& ! # $ # $
% ! !
(
! " & ' ! !
* ! !
' # $ # $
% & ! ! & . !
& ! ! !
& ' ' " & ' ! !
! ! ' !
+ # ' $

E05.35
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! ! ! " #
$ ! ! ! ! " %
! ## ! " %
## ! " %
& % $ &
& ! ! " %
' ( ) ( * ) ( ( ) ( )
+ ( ) ( " ) , ( ) ( )
& " ! " %
- " ,
! % $ " " ( ) ( )
! ( )
- " ! " %
! ! ! ! ,
! ! ! " %
+ $ &
! $ & ( ) ( )
% ! ! ! " %
+ "
&& ! " %
&& ! " %
., - " ! " %
& ! ,
& ! & !
& !- $ " " ( ) ( )
! " % ( ) ( )
& " " ( ) ( )
( )
- ! ! " %
. /
' * ! (
! $ . " ,
! & "
- ! " %
$ ! " %
& ! ! " %
! " %
* * " $ &
+ ! % &
' , !*,* "
% !!
!' *( " )
!+ * ( " )
* ! " %
( ) ( )

E05.36
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " # " # $ % $ %
&
&
" " #
& '
( (
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&
( (
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( ) " # $ % $ %
# *
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$ % $ %
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# # ' $ % $ %
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(
"
"
) "
! "

E05.37
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! "
#
$#
$
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% " & ' & '
% " "
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( ( "
( ( " # !
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# ) (
# (
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# # ( # !
# ( !
# ( ( "!
"
" *
"" *
"! *
*

E05.38
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
!
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" " #
#
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$
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% & % #
$ % # ' ( ' (
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$ ' ( ' (
# %% *+
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$ #
$. #
$) #
$$ #

E05.39
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
!! "
"
#
$% # #
" & '
(
#
( ( & ' & '
( ( * (
) ( * "" ( * ""
( ( * (
) ( * "" ( *
" (
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*
"+
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( + (
( ( * (
) " ( " (" " "" & "" '
( ( * (
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( ( * (
" " % *%
( ( * (
, % (
( ( * (
, % (
" #
& ' & '
& ' & '
& ' & '

E05.40
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " ! # "! $
& # "
% " "
& # "
% ' $ " (
) ' ! !
#
" & " # ! &
& # "
* ) #
& # "
*+ ) #
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$ " " $ # ( , ( ,
- $ " " $ # ( , ( ,
- " #
$ "
# $
& # "
% # # ' (
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# # ' ( ,
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% # " # " (
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# " & ' + $
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" ! " " # # ! ! "! $ ( , ( ,
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" " " # # ! ! "! $ ( , ( ,
& # "
# # $ " " $
" $ ( , ( ,
" &
' ! & #
& # "
" $

E05.41
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! "
# # # # # # $ #
!
% & ! !
&
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$ $ $ $ $ $ # $ # $ # % $ #
#% & # # ' # & " # # % # $ % # # ## % % $ #$
! ! "
$( ) $ * " %
% % % % % %
* " $ $ $ $ $$
! ! "
( " *
# $ # $ # $ # $ # $ $ % % $
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# ) + & !
$ $ $ $ $ $ %
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* + + " " % $ $ % % %$ # # # % %% % %$ #$ %$ #$ %$ % % $ % #
# " " / "& ! ) $ % $ % $ $ % % $ % %
% & " " " / "& ! ) # # # # # % # # $
% + " ! " " / "& ! ) % % % % % # # $
% , % " & " " / "& ! ) $ $ $ $ #$ # %
% " " " / "& ! ) % % #% % % # $
% " ! # ' "& ! ) # # # # # $ $%
% ' " ! " " / "& ! ) $% $ $% $ $% $ $% $ $% $ $% #
% " " " / "& ! ) $ % $ % $ % $ % % $ % %
% % " & # ' "& ! ) # $$ # $$ # $ # $# # $$ %
% " & " " / "& ! ) % $ % $ % $ % $ % $ $ $ $ %
% + " & & & "& ! ) $
% " $ " & # ' "& ! ) $ $ % $ #% $ $ #
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# # # # # # # # # %
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% % # $ $ # # $ % # $ $ $ $ $ $ $ # #
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%. !
# $ $ $ $
) " ' "& ! ) $ # # $ # # $ % % % # $ % # $ $ # # #
) " # "& ! ) $ $ $$ $ # $ $ #$

E05.42
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " " # $% &#
# "
& % $ "%
% % $
$ ' & $ &
## % $ "%
% $
'( % $ ) & &$
" & % $ $ $% &#
+ ' " # # $
* ! # % + # ' ,
+ ' " # # $
+ $ ! " ! "
+ ' " # # $
- ' % + ! , '
+ ' " # # $
. ' % + ! , , #
+ ' " # # $
. % $ # ' "
! $$ $ # " $% &#
" $$ $ $% &#
$$ $ $% &#
( $$ $ $% &#
/ $$ $ $% &#
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# $ $ # "% # # % # ' #$ ! % $
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# $% # $% &#
$% $% &#
! $% $% &#
+ $% # $% &#
$% # $% &#

E05.43
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! ! ! !
" ! ! ! ! !
% &% ' %
! # ! $ %% $$
% &% ' %
! # $ %% $$
% &% ' %
! # $ %% $$
!
% &% ' %
! # $ %% $$
% &% ' %
! # $ %% $$
% &% ' %
! # $ %% $$
% &% ' %
! ( $$ ' & % $
% &% ' %
! ( $$ ' & ) )
! ! ! !
% &% ' %
! ( $$ ' & % $
! ! ! !
% &% ' %
! ( %$$% $ % * %
"
% &% ' %
# %$ % '
! ! ! ! ! ! ! ! ! !
% &% ' %
# % ) + $$ $
!
% &% ' %
( " $$% ,%$$ + -
! ! ! ! !
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$ "% % , % ! ! ! + - + - !
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% &% ' %
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& $% % ' % % ! ! ! ! ! !
$$ ' % $
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% &% ' %
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!
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! $ $ % ' , % !
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! % ,%$ , ' , % ! !
% ,
! % ,%$ , '
% % ! ! ! !
% ,
! ' $ ,
% % ! + - + - + - + - !

E05.44
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! "
# $ % $ % $ %
&
' ! "
( &! ) ! ) ! $ % $ %
! ) # ! ! "
* ' ! "
* ' ! "
' ! "
& )
'
$ % $ %
& ! ) $ % $ %
!
# ( ! )
+
)
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) ) & $ % $ %
' !
' ! " $ % $ %
& )
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!
+
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$ % $ %
( " ! $ % $ %
) * $ % $ %
) ! $) * %
& )
, ) * $) * % ! )
) $ % $ %
+ ) ' ' $ % $ %
+ , ) ' ' $ % $ %
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&
&
$ % $ %
! ( ) ! ) , ( )
+ ! "
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+ (
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+ (
(
+ & " " !
) ) &
) ! )
" ) ) )
& ! )
& $ % $ %
+ ( ( ) ! ) &
) ! ) $ % $ %

E05.45
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " # " $ ! $ !
! ! !
%! ! " $ !
! & ' & '
!$ " $ $
" " # %(! " ! ! " $ !
( ! & ' & '
" )"! ! ! ! ! ( " # & ' & '
" ) ! " #
" ) ! ! ! & ' & '
( " ) * " #
" * " #
( $ "!
+ ! # &# '
$ ! $ ! ! & ' & '
" ( ! & ' & ' & ' & '
$ # % " !
" !
( ! " !
! ! ( $ ! ) % $ ! & ' & '
! " " ! ( $ ! ) % $ ! & ' & '
+ $ ! $ " " " ! "
( % (
!$ ! ! ! " $ ! & ' & '
! ! ! ! & ' & '
$ ! " ! $ ! " #
$ ! " ! $ ! " #
! " ! " $ !
( $ "
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" !
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! )
!
$ % $ $
! " ! &! !'
( ! & ' & '
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, # " ! * *#* " " %
# ( ! & ' & '
, $ ( % % ( " # & '
! ./
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*
! ./
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$ " % ! & '
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$ , % " ! " $! ! "
$ , 0 # !% " " ! !
$ , !%$ ! "
$ " * " #
$ " )"! ! ! ! ! ( " # & ' & '
) & (' & ' & ' & ' & '
! $ ! !
" , $ * * " ! " ! ! !
" , $ * ! !
( $ "!
+ ! " " ! "! $

E05.46
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
#
! " "
" %
" # $ $
#
#
& ' & '
" ( ) ) * + +
$ "
" * $ %
#
3899999. Bonds - Industrial and Miscellaneous (Unaffiliated) & ' & ' XXX XXX
$$ " " , % & ' & '
$ !
#$ $ # " ! & ' & ' & '
# " ! $ # , %
- ! * $ " & ' & '
$ $$! $ * $ !
*
& ' & '
$ $
# & ' & '
# ! # # $ !
# ! # # $ !
, % $ # "
4899999. Bonds - Hybrid Securities & ' XXX XXX
#
( "
(
#
( $ "
(
. - " & '
#
" ,
& '
$ !
5599999. Bonds - Parent, Subsidiaries and Affiliates & ' XXX XXX
8399997. Total - Bonds - Part 4 & ' & ' & ' XXX XXX
8399998. Total - Bonds - Part 5 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX
8399999. Total - Bonds & ' & ' & ' XXX XXX
,,, % " ) )
+ % !
$ " + "
) ) & ' & '
+ % !
$ " + "
) ) & ' & '
! ! " + ! ) )
! ! " + ! ) )
+ % !
# " + "
) ) & ' & '
$ $ " ) )
+ % !
+ % + "
) ) & ' & '
+ " ! ) )
+ % !
+ "
) )
+ " ! ) )
+ % !
+ "
) )
# " + " ) )

E05.47
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
! " # !
!
#!
$$$ " # ! ! #
$$$ #% # ! ! # #!
8499999. Preferred Stocks - Industrial and Miscellaneous (Unaffiliated) XXX XXX XXX
8999997. Total - Preferred Stocks - Part 4 XXX XXX XXX
8999998. Total - Preferred Stocks - Part 5 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX
8999999. Total - Preferred Stocks XXX XXX XXX
# #
& %
%
# # !
% ' (
!
) " % " "
" %#
!
* " " ! # " "
" %# #
!
* " " ! # " "
" %#
' ( + , + ,
' #
# $ #
# #
! #
$
! #
" # (
) # " ! # !
% % # % " - + , + , + , #
" % " %
." " "
! . #
9099999. Common Stocks - Industrial and Miscellaneous (Unaffiliated) XXX + , + , + , XXX XXX
) ( # '
) # '
* # '
& " # + , + , + , '
& ' # '
& # '
& % # + , + , + , + , + , '
* # + , + , + , '
& # + , + , + , + , + , + , '
& # '
& $ ! " # + ,
9199999. Common Stocks - Parent, Subsidiaries and Affiliates + , XXX + , + , XXX XXX
$$$$$$ $$ $ %/01 0123 !401
%/01 546 + ,
$$$$$$ $$ $ 7489: 0123 + ,
8;2@55 @A %5201 0123+ , + , + ,
@3 32>A9 %/01
8;2

E05.48
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE D - PART 4
Show All Long-Term Bonds and Stock Sold, Redeemed or Otherwise Disposed of During the Current Quarter
1 2 3 4 5 6 7 8 9 10 Change In Book/Adjusted Carrying Value 16 17 18 19 20 21 22
11 12 13 14 15
Total Total
NAIC
Current Change in Foreign
Desig-
Year's Book/ Exchange Book/
Bond
nation
Prior Year
Current Other Than Adjusted Change in Adjusted Foreign
Interest/
or
Book/ Unrealized Year's Temporary Carrying Book Carrying Exchange Realized
Stock
Market
CUSIP
Number of
Adjusted Valuation (Amor- Impairment Value /Adjusted Value at Gain Gain Total Gain Dividends
InIdentFor-
Disposal Name Shares of Consid-
Actual Carrying Increase/ tization)/Recog- (11 + 12 - Carrying Disposal (Loss) on (Loss) on (Loss) on Received Maturity dicatorification
Description
eign Date of Purchaser Stock eration Par Value Cost Value (Decrease) Accretion nized 13) Value Date Disposal Disposal Disposal DuringYear Date (a)
9299999. Common Stocks - Mutual Funds XXX XXX XXX
9799997. Total - Common Stocks - Part 4 XXX XXX XXX
9799998. Total - Common Stocks - Part 5 XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX XXX
9799999. Total - Common Stocks XXX XXX XXX
9899999. Total - Preferred and Common Stocks XXX XXX XXX
9999999 - Totals XXX XXX XXX
(a) For all common stock bearing the NAIC market indicator "U" provide: the number of such issues

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
Schedule DB - Part A - Section 1 - Options, Caps, Floors and Insurance Futures Options Owned
N O N E
Schedule DB - Part B - Section 1 - Options, Caps, Floors and Insurance Futures Options Written and
In Force
N O N E
E06

E07
1
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
2
3
Date of
Maturity,
Expiry or
Settlement
4
Strike
Price,
Rate or
Index
Rec (Pay)
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
Date of
Opening
Position or
Agreement
Cost or
(Consideration
Received)
Description
Notional
Amount
Exchange or Counterparty
Book Value *
0499999. Subtotal - Collars
!
XXX
" # $! % &
! !# $
" # !# $
$ # ! % !
& # $! % &
& " #
% ' " $ ( # !
&
&
) %
" * # ! % ! * $! % )
$' " # !
$ " # ) ! !# !
!$ " # ) ! !# !
) " # * $! % )
) " # !
) " # * $! % )
!$ " # !
!$ " # )
!$ " # !
$' " # !
$' " # !
) " # !
$ " # $! % &
) " # $! % &
) " # $! % &
% ' " ' # !
) " $ ( # !
" # ! % ! )
!$ " # !
" # !
" # !
) " # !
) " # !
!$ " # !
!$ " # !
!$ " # !
# !$ + ,-. ! !
) ! !# !
) $ # ' !$ % + ,-.
! ! ) ! !# !
$" $$ ! ! ! + ,-. )
! ) ! !# !
$ /0 $! % % + ,-.
! !# $!
!## + ,-. !
!# $!
) ! + ,-.
! !# $!
%) ! ) ! + ,-. !
!# $!
# )! % + ,-.
! !# $!
) + ,-. ) !
! " ! + ,-. ) !
! % + ,-.
) !
%% % !$ % + ,-.
) !
10
Statement
Value
11
Fair Value
12
Year to Date
Increase/
(Decrease) by
Adjustment
13
Used to
Adjust Basis
of Hedged
Item
14
Other
Investment/
Miscellaneous
Income
15
Potential
Exposure

E07.1
1
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
2
Notional
Amount
3
Date of
Maturity,
Expiry or
Settlement
4
Strike
Price,
Rate or
Index
Rec (Pay)
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
Date of
Opening
Position or
Agreement
Exchange or Counterparty
Cost or
(Consideration
Received)
Book Value
*
10
Statement
Value
11
Fair Value
12
Year to Date
Increase/
(Decrease) by
Adjustment
13
Used to
Adjust Basis
of Hedged
Item
14
Other
Investment/
Miscellaneous
Income
! ! "
# $ ! %! % ! ! " ! ! & ' % %!(") ' % %!(") ' % %!(") ' %( "% ) ' !% ) ( % (!
"! "! ! "
# $ !(% % "! "! ! " (( ! ! & ' %* % ) ' %* % ) ' %* % ) ' % " %* ) '"!*% !) ( "% !
& & " ! ! "
# $ ( %* % " ! ! " ! ! " "( ! & % *"% % *"% % *"% ' %!"!% ) " %!" * %!
+ , '- ) ! "" !" ! ""
- $ " % % "" !" ! "" "!" ! "" !" ! " & ' % * % ) ' % * % ) ' % * % ) ' ! % ) ( % ! " *% *
# % ( ! ! "(
# $ % **% ! ! "( * (! "" ! ! ( & %( !%("" %( !%("" %( !%("" '*% %( ) '( (% *) % (*
# ( ! ! " #
$ %" % * ( ! ! "( ( !( ! & ' %( % !() ' %( % !() ' %( % !() ' % % ! ) ((*%! !!%! "
# ( ! ! " #
$ %" % ( ! ! "( ( !( ! & ' %( % !() ' %( % !() ' %( % !() ' % % ! ) ((*%! !!%! "
# ! " ! "(
# $ "*%" % " ! "( ( " ! '(% *% *) '(% *% *) '(% *% *) '"%*! % ) '! %"( ) " !% "
& + - # # * ! ! ""
# $ ! % !% * ! ! "" !!! ! ( ' %*" % ! ) ' %*" % ! ) ' %*" % ! ) ' % ) ' *% () ! !%""
+ & $ + ( !! ! "
# $ !(% % !! ! " ( * " ! ' % (% *) ' % (% *) ' % (% *) ' % ""%"( ) ' %" ) ( % !
# ! "
# $ ! %! % ! " ! ! ( ( ! & $ & '(%* (% ) '(%* (% ) '(%* (% ) '(% ( % ) " % ( *% *
# ! " ! ! "( #
$ " % % " ! ! "( *(* ( ! ! ( & $ & ' % % ) ' % % ) ' % % ) '"%" *%" ) '" *% () * %"
# ! " #
$ ! % % ! " " !* * ""! ( ! & $ & ' % ") ' % ") ' % ") ' % %! () " %( ( *% "
# ! " ! "(
# $ "!% ( % " ! "( ** " * ! '!% ! % !) '!% ! % !) '!% ! % !) '"%! % *!) '! %! ") "!!%!
. # ! ""
# $ " % !% ! "" "(((* ( (" ! '(% %* ) '(% %* ) '(% %* ) '"% % ) ' % ! ) ""(%
- # ( ! "
# $ " %( % ! " " (! !! ! # & '(%** % ") '(%** % ") '(%** % ") '!% * % * ) '*!%* () ! % *
& # * "! ! ""
# $ " % * % "! ! "" *! ( ! !" ! ( # & '(% ( % ) '(% ( % ) ' %! % ( ) ' ((% ! ) '" % ( )
# # * " ( ! *
# $ "*% % " ( ! * " ! " " !( ! ! # & '*% " % ") '*% " % ") '*% " % ") '"%! *% !) ' % ) ! %* !
" " ! ! " # #
$ ! % % " ! ! " " ! " " ! # & ' % ( %* ) ' % ( %* ) ' % ( %* ) '(%" % !) '!* %*( ) (" % !
# # / (" ! * "
# $ ! % % ! * ! " !!" " ! ! # & '!% ( % ! ) '!% ( % ! ) '!% ( % ! ) ' %!" %( ") " %*( ( *%**
# 0 # * "! "( ! "!
# $ !(%" % "! " ! * **! "! "" ! ! # & '" % **%" () '" % **%" () '" % **%" () '"%!("% ) ' ""% ! ) !% (
# 0 1 * "! "( ! "!
# $ !*% %! "! " ! * **! "! "" ! ! # & '"(% "% (() '"(% "% (() '"(% "% (() '"% !% " ) '* % ) % (*
# % # ( " " ! "(
# $ " %(! % * " " ! "( ** * " ! ( # & '! % ! %! !) '! % ! %! !) '! % ! %! !) '" % (% () '" %" ) "% % !
# + ( ! ! " #
$ %( % ( ! ! " *!(" ( !( ! # & ' %"* % *!) ' %"* % *!) ' %"* % *!) '*%" % !() % ( ( %
# +# "! "* ! "
# $ % *%( ! "! "* ! " * * "! "* ! # & ' %" % ) ' %" % ) ' %" % ) '""% ! %*!") ( % "% (% !
1 ! " " #
# $ !%" %! ( " ! " " ""! " ! & ' %* *) ' %* *) ' %* *) ' % %** ) ( % (% !*
# ! "! ! " #
$ (!% !% "! ! " *! " ! & '(% * % * ) '(% * % * ) '(% * % * ) ' % % ) !(*% " % (
# ' ) " "! " ! "
# $ *% % "! " ! * ((((( "! " ! & '!% (%" ) '!% (%" ) '!% (%" ) ' * %( ) % * !"% "
$ # ! ! ! "
# $ ((%*" % ! ! " " !*"** * "** - & ' % ) ' % ) ' % ) ' % % ") '! "%( *) ( %
. # # ( ( ! ! " -
$ % " % ! ! " " ( ! ! - & ' % *) ' % *) ' % *) '" *% ( ) ! % !"%"(
# ( " " ! " #
$ " % !% *( " " ! " " " " ! - & "% % (* "% % (* "% % (* '!% % !) '(% ) "* % (
15
Potential
Exposure

E07.2
1
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
2
Notional
Amount
3
Date of
Maturity,
Expiry or
Settlement
4
Strike
Price,
Rate or
Index
Rec (Pay)
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
Date of
Opening
Position or
Agreement
Exchange or Counterparty
Cost or
(Consideration
Received)
Book Value
*
10
Statement
Value
11
Fair Value
12
Year to Date
Increase/
(Decrease) by
Adjustment
13
Used to
Adjust Basis
of Hedged
Item
14
Other
Investment/
Miscellaneous
Income
! " # $ % & ' ( " " ) ! #* ) ! #* ) ! #* )# # * !
& "
! !! # # " ! # ! $ % & ' ( " " ) ! ! * ) ! ! * ) ! ! * ) ! * ! ! !! !
! + " # #
# # # " # $ % & ' ( " " )# !#* )# !#* )# !#* ) ! * ! #
& "
' # " # $ % & ' ( " " ) * #
% , % & " !
! " ! % ' ( % ) # ! * ) # ! * ) # ! * ) ! * ) * #
" ! !
! "# ! # % ' ( % )! * )! * ) !* ) * ) #! *
( & "#
"# !# % ' ( % ) * ) * ) ## * ) * ) # !*
' ( % , % & " !
! "# % ' ( % )# # !* )# # !* )# # !* ) #* ) *
( & "#
! " % ' ( % ) * ) * ) * ) * ) ! *
% "
" ! % ' ( % ) ## # * ) ## # * ) ## # * )! # * ) * ! #
% , % & " !
# ! " # # % & ) # * ) # * ) # * ) # * ) !!* #
% ( " #
" ( , )! # * )! # * )! # * ) * # # # !
% ( & "
# " % & )# * )# * ) !* ) ! * ) ! !*
) "("* ! '
! ! " ! !# % & ) * ) * ) * ) ! #* ) *
, % "
"# % & ) ! #* ) ! #* ) ! #* ) #* ) # !*
' ( % , % & "
"# ! % & ) !! ! * ) !! ! * ) !! ! * ) ! * ) !* #
( & "#
! "#! % & ) * ) * )# * ) ! * ) # !#*
% , % & " !
! "# % & ) * ) * ) * ) ! * ) ! * #
- " ! '
! " % & ) * ) * !
" " !"
! "# % & ) # * ) # * ) # * ) #* ) * ! !
% "
" # ! % & ) # ! * ) # ! * ) # ! * ) ! !* ) # ! * #
% " '
" ! ! ' ( & ! ! ! ! ! ! ) # * ) * #
' "! #
!#! ! # "! ### ( , ) * ) * ) * ) * ) # *
"!! !# ! !! " ! ( , ) ! #* ) ! #* ) #* )# ! ! * ) ##!*
% & "##
# ! " # ( , ) ## ! * ) ## ! * ) ## ! * )! ! * ) # *
, - . %
! ! # " ! ( , ) ! * ) ! * ) ! * )! # * ) #! *
, - . %
" # ( , )# ! # * )# ! # * )# ! # * ) # * ! !#
# ' ,, & " !
# ! " # ( , ) # #* ) # #* ) # #* ) !* #
%% "!
# # "! ### ( , ) #! * ) #! * ) # * ) # * ) # # *
& , & "
# # " ! ! ( , ) ! * ) ! * ) !* ) # # * ) # !*
& ( % "
# # ! " # ( , ) !# * ) !# * ) * ) # * ) ## # *
, & " "
# " # ( , ) # * ) # * ) * ) * ! !
15
Potential
Exposure

E07.3
1
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
2
Notional
Amount
3
Date of
Maturity,
Expiry or
Settlement
4
Strike
Price,
Rate or
Index
Rec (Pay)
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
Date of
Opening
Position or
Agreement
Exchange or Counterparty
Cost or
(Consideration
Received)
Book Value
*
10
Statement
Value
11
Fair Value
12
Year to Date
Increase/
(Decrease) by
Adjustment
13
Used to
Adjust Basis
of Hedged
Item
14
Other
Investment/
Miscellaneous
Income
!"! " # # $ % & ' ( ) " $$" * ) " $$" * ) " $" * )!" $ "$ * )! " *
+ # & %
" " # ! % & ' )# " $* )# " $* )# " $* ) " " * "$ # "
& !
" ! " # % & ' ) " " # * ) " " # * ) " " # * ) " " $ * "# # " #
! $
" "# $ # % & ' ) " ! " ! * ) " ! " ! * ) " ! " ! * )#"$ "$$ * ! " # #"$#
! # ! ! !
$"$ " ! ! ! $# % & ' ) " " * ) " " * ) " " * ) " "## * $"! #"$ #
& ! !$ ! !
$"$ " ! ! $# % & ' )$ " # * )$ " # * )$ " # * ) "#! "# !* $" "
' , # #
" " # $ % & ' )!"!! " * )!"!! " * )!"!! " * ) " " #* ) # " # * $ "
## ( ( ## $
" #" ! # % + & )!" " * )!" " * )!"$ $"! * ) " $#" !$* ) " # *
' - #$
"!# " $!# % + & ) !"$ $" $ * ) !"$ $" $ * ) " # " * ) !" $!" ! * ) "# " *
( ( !
$"#! " ! # ! % + & ) " "$ * ) " "$ * ) " "$ * )!" ! " * )!# " * ! !"
, % # #
& % $" #"! # !$ % & "! "! "! "! "! "! ) "# "! $* # "!$ " ##"!
% ! & %
" "# # ! $ !" " ! !" " ! !" " ! )#" " ! * ) "$ * ! "$
& ! # ! #" #" ! #! $ % & ) " "$ * ) " "$ * ) " "$ * ) " "$ * " # !"
# $## $
# " !" $ #$ ! $ . % & ) "# " * ) "# " * ) "# " * ) "# " * "! $ " #
& # $#!
& % "! "!# $# $ % & "# " "# " "# " "# " # " " ##"$$$
& ! # ! " $ " ! # # $ $ $ % & $" ! $" ! $" ! $" ! ) "! * #"#$
& ! # ! "! " ! ! $ $ ) "! $* ) "! $* ) "! $* ) "! $* ) " * $"
0599999. Subtotal - Swaps - Hedging "$ !" # )!! " ##" * XXX )!! " ##" * )! " " # * ) " $" #$* " " # " $ "
% ' + " " ! "# "# "# ) " $" * )! " * "
- ' + " " # $ % & #!" #!" #!" ) #" * ) " #* !"#$#
' + " " ! # ( " " " ) !!"$ * ) " * !"
' + #" " % & " !$" # " !$" # " !$" # )!#!" * ) "# * #"##
% )% & ' +
" " $ $ ! & & ) " * ) " * ) " * ) " ! * ) "! * " #
% )% & ' +
" " $ $ ! % & ) " $* ) " $* ) " $* )# " !* ) " # * "##!
, " ) % & % ' +
" " # $ % & " " " ) " $ * ) " * #"#
) + * ' + " " $ ! $ ! % & ) " $ * ) " $ * ) " $ * ) " $* )!!" * " $
) + * ' + " " $# & ) " ! * ) " ! * ) " ! * ) ! "# * ) " # * "
) + * ' + " " $# $ & ) "# * ) "# * ) "# * ) " # * )# " * "
, - ' ' + " " # !# & & ) " # * ) " # * ) " # * )! " * )! " #* !" !!
' + " " # & & ) " $ * ) " $ * ) " $ * ) " #!* ) " # * "##
' + " ! ! & & ) " !* ) " !* ) " !* )#" * ) "$ #* "$ #
, - ' ' + #"$$ "# ! # & & #" #" #" ) "! " * ) "# * #"! !
" ' + " " ! # # % & ) "# * ) "# * ) "# * ) " $* ) " * #"#
' + " " ! % & ) "#! * ) "#! * ) "#! * )$" ! * ) " * "##
' + "$$ "# $ # # ( $" $" $" ) " * ) #" ! * "
" ' + " " ! # ( ) "# * ) "# * ) "# * ) " * ) " * #"#
" ' + " " !# $ ( )!#$* )!#$* )!#$* ) " # * ) "# * "##
% ' + #" " $ # % & "# "# "# ) " $ "$$ * ) " #* #" #
% ' + " " $ ! & $ " $ " $ " ) " * )! " * " !
' + "! " # # $ & ) " * " $ " $ " $ )! " * ) " # * "##
% +& % ' + " " $ # # ( ) "! !* ) "! !* ) "! !* ) $" * ) " # * $$" $
% ' +
#" " # # # & & )! !" $* )! !" $* )! !" $* ) $ "! #* ) " * # " #
% ' +
#" " # # # % & )! !" $* )! !" $* )! !" $* ) ! " # * ) " * # " #
15
Potential
Exposure

E07.4
1
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
2
Notional
Amount
3
Date of
Maturity,
Expiry or
Settlement
4
Strike
Price,
Rate or
Index
Rec (Pay)
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
Date of
Opening
Position or
Agreement
Exchange or Counterparty
Cost or
(Consideration
Received)
Book Value
*
10
Statement
Value
11
Fair Value
12
Year to Date
Increase/
(Decrease) by
Adjustment
13
Used to
Adjust Basis
of Hedged
Item
14
Other
Investment/
Miscellaneous
Income
! " " # $ # $ # $ #% & %$ # % $
15
Potential
Exposure
!" # & $ # & $ # & $ #%& % $ # $
! ! " # & $ # & $ # & $ # &&$ # $ %%
!" # & $ # & $ # & $ #& % $ # $
& ! " # & $ # & $ # & $ #& % %$ # $
& !" # %$ # %$ # %$ # $ # & % $
& # % % $ # % % $ # % % $ # % $ # &$ %%
% & ! " " # % $ # % $ # % $ # $ # $ %%
& ! " # & $ # & $ # & $ # & $ # & $ %%
& !" # & $ # & $ # & $ # % $ # & $ %%
% ! " " # & $ # & $ # & $ # & $ # & $ %%
& !" #&& %$ #&& %$ #&& %$ #%% $ # $
' % ! # $ # $ # $ # && &$ # % $
' ( ! " # $ # $ # $ # & $ # $ & &
& & ! # $ # $ # $ # % & $ # & $ %
! " # $ # $ # $ # &% $ # & $ %%
! ! " # $ # $ # $ # $ # & &&%$ %%
! ( ! " # & $ # & $ # & $ # % $ # $ %
% ! ! " # $ # $ # $ # & % $ # $ %%
% ! " # & %$ # & %$ # & %$ # $ # % &$ %
% ! " # & %$ # & %$ # & %$ # && $ # % &$ %
!
! " # $ # $ # $ # & $ # && $ %
" ( ! " # & & $ # & & $ # & & $ # $ # % %% $
" ! " # & $ # & $ # & $ # $ #&& $ &
) " % ! " " # % & $ # % & $ # % & $ # $ # & $ &&
) " ! " # $ # $ # $ # $ # $
' # ( $ % ! " # % &$ # % &$ # % &$ # & $ # &$ % &
! " #%& $ #%& $ #%& $ # & &%$ # $
! " # & % $ # & % $ # & % $ # & $ # & $
! # % $ # % $ # % $ # % $ # $
! ! " # $ # $ # $ # % $ # $ %%
! " # $ # $ # $ # & $ # $ %
) !" # & $ # & $ # & $ # $ # $ %%
) ! " # $ # $ # $ #& &&$ # % $
! "
& ! ! # $ # $ # $ & #& $
" & & ! ! # $ # $ # $ # $ # & $ &% &
! ! " !" # $ &
! " ! !" % % % # % $ & &
% !" % % % % # & $ & &
! % ! ! & & & & # & $ & &
* ! % !" #% $ #% $ #% $ #% $ # % $ % %
! " ! " % !" # $ # $ # $ # $ # $ %
* ! ( ! " #& % $ #& % $ #& % $ #& % $ # &%$ & &
! % ! " % % % % # & $ &
! & ! ! " & & & & # & % $ &
! % !" # $ % &
& & & ! ! " #& $ #& $ #& $ #& $ # % $ & &
! ! ! # $ # $ # $ # $ # % %$ %&
! ! " ! ! " # % % $ # % % $ # % % $ # % % $ # $ % &
! ! ! # & $ # & $ # & $ # & $ # $ % &
! " ! ! " # % % $ # % % $ # % % $ # % % $ # $ % &
! ! # $ # $ # $ # $ # & $ & &
* ! # % $ # % $ # % $ # % $ # & $
* ! # % $ # % $ # % $ # % $ #%& % $ &
! ! & ! ! # & $ # & $ # & $ # & $ # $
! & ! " # & $ # & $ # & $ # & $ # $ % &
* & ! # % %&$ # % %&$ # % %&$ # % %&$ # $ % &
* & !" # % %&$ # % %&$ # % %&$ # % %&$ # $ % &

E07.5
1
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
2
3
Date of
Maturity,
Expiry or
Settlement
4
Strike
Price,
Rate or
Index
Rec (Pay)
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
Date of
Opening
Position or
Agreement
Cost or
(Consideration
Received)
10
11
12
Year to Date
Increase/
(Decrease) by
13
Used to
Adjust Basis
of Hedged
14
Other
Investment/
Miscellaneous
Income
Notional
Statement
Potential
Description
Amount
Exchange or Counterparty
Book Value * Value Fair Value Adjustment Item
Exposure
! " # $ % " # $ % " # $ % " # $ % " & % & #
& ! " #$ & &% " #$ & &% " #$ & &% " #$ & &% " & ##$% & #
' ' & ! ' " $ % " $ % " $ % " $ % " $ % & #$
& & ! ' "# $% "# $% "# $% "# $% " & % & $
& & ! ' "& % "& % "& % "& % " # % & $
& "$#$ &&#% "$#$ &&#% "$#$ &&#% "$#$ &&#% " $% & #
! ' & ( ' ! "$ # % "$ # % "$ # % "$ # % " % & #
& & # ! ' " $ % " $ % " $ % " $ % " & % & $
'
& & & " && % " && % " && % " && % "& % #
' & & ! ' " # % " # % " # % " # % " & #% &
' # " % " % " % " % " #% &#
'
$ # " $ # % " $ # % " $ # % " $ # % "# $ % #&
'
& # "# &#&% "# &#&% "# &#&% "# &#&% " % # &
'
& # "$ # % "$ # % "$ # % "$ # % " % # &
) & ! " % " % " % " % " % # $
) $ ! " $ ##% " $ ##% " $ ##% " $ ##% " & &$#% & #
) ' ' & " #% " #% " #% " #% " %
' & " # $ % " # $ % " # $ % " # $ % " % &
& & ! ' " #% " #% " #% " #% "& % #
& & ! ' " $ # % " $ # % " $ # % " $ # % " # % &
& " $#% " $#% " $#% " $#% " & % #
* & ! " & $% " $% " $% " $% "# % " $ % & & #
* & ! " & % " # % " # % " # % " & % " & %
* & ! " % " & # % " & # % " & # % " % " # % $
* & ! " # % " % " % " % " $ % "& $&% &&
' '
"$ # % "&$ # % " % $
' '
& ' " & % $ $ $ " # % " $ % &
# $ & && ( ' ! " # % " # % " # % " # % "$ & % $ &
' ! " # $% & & & & & & " $ $% " $ % #
& ' " # &$% $ $ $ " $ % " $ #$% $
# & & & ' " & # % " & # % " & # % " & # % "$# & #% &
& & # ' " # % " $$ $ % "& #% &
' & # " $ &&% & ## & ## & ## " #% " & # % $
' $ & & # " ##$% " ##$% " ##$% " ##$% "& && % $ &
' & " # $$ % $ $ $ " % " # ## % &
& ! $ " % " % " % " % " % &&
& ! ## " # & #% " # & #% " # & #% "$ % "# $ %
& ! & & " $ &% " $ &% " $ &% " & #% "$ $ #% $
) & $ ! ' # &$ "$ % "$ % "$ % "# #% " & $ %
'
& "&& % "&& % "&& % " # & % "$ & % #
'
& ' &# & " $ && % " $ && % " $ && % " $$ % " % #
& & "$ &% # # # "# # & % " #$% #
& ! " $ $$ % $ $ $ " ## #% " ## &&% $
& ( ' ! " # $ $ % # &$ # &$ # &$ "# & &&% " & # % $
'
& # "& & &% "& & &% "& & &% " & % " % & &
' & # ' " & % # & # & # & " & % " % &&
' $ # # & "$ $ % "$ $ % "$ $ % "$$ & % #& $
' & $ # " % " % " % " %
' & $ & # # " % " % " % # " & %
' & $ " % " % " % & " &$ %
' & $ " % " % " % & " &$ %
'
' ! # " &$ % " &$ % " &$ % " $ % " #&% # # &
15

E07.6
1
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
2
Notional
Amount
3
Date of
Maturity,
Expiry or
Settlement
4
Strike
Price,
Rate or
Index
Rec (Pay)
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
Date of
Opening
Position or
Agreement
Exchange or Counterparty
Cost or
(Consideration
Received)
Book Value
*
10
Statement
Value
11
Fair Value
12
Year to Date
Increase/
(Decrease) by
Adjustment
13
Used to
Adjust Basis
of Hedged
Item
14
Other
Investment/
Miscellaneous
Income
!" # ! #
$ % $ # ! " # # !
$ # $ & ! ! !
$ & $ ! # # !
& % $
! & $ #" # #
& $ ! ! ! #
& $ # ! # !
& %
& $ !" # ! #
'
& $ ! # # ! #
& % $ %
$ ( & $ " !
& %
( & $ # ! #
$ #! ( & $ # ! ! #
$ & ( & $ ! # ! #
$ % $ $ # " !
$ # ! #
'
$ $ # ! # !
& ) # !
& % $
! ! $ " # ##
( $ % ( $
! # & ) " " ! #" #
& # & ) # ! #
$ & # #
) & ) !# # #
) $ & ! !
) & ! #" #
& ) ! #!
) ! & # #" #
( & $ "
$ # " ! #
& # & ) ! " # !
! #" ! #" # ! #! ! #!
$ !! # !
& # # & ) # # !
* # ( & $ " # !
) ! # $ & # !
$ ! # # !
! ! & ) ! #" # # !! !
$ & ! ! $ " !! !
' + * & ( # ! $ # " " !#" ! ! #
* & ( # ! & ) # ! ! # " ! # " ! " #
* & ( # & $ # # " # # " ! #" ! #
* & ( # # ! ! ! " ! " ! "
' # #
* & ( # $ & ! " ! " ! "
' ( )
* & ( # !" !" ! #" # # #
$ ' * & ( # ! ! # " ! ! " ! ! " ! # " # !
' )
* & ( ! & $ ! # # " ! # # " ! "
' )
* & ( # ! $ & # # ! " ! " ! # " !
& ' )
* & ( & $ ! !" ! !" ! " #
15
Potential
Exposure

E07.7
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
1
2
3
4
Strike
10
11
12 13
14
15
Date of Price, Date of
Year to Date Used to Other
Maturity, Rate or Opening
Cost or
Increase/ Adjust Basis Investment/
Notional Expiry or Index Position or
(Consideration
Statement
(Decrease) by of Hedged Miscellaneous Potential
Description
Amount Settlement Rec (Pay) Agreement Exchange or Counterparty Received) Book Value * Value Fair Value Adjustment Item Income Exposure
! " # $ % $ % $"& # % " &&
' !
& " ( " $ " " % $ " " % $ & % & && "& " #
) ' " " & ) ( " $ % $ % $"& # % & & #
) ' " " & " & ) ( & & $ % $ % $ & % " & "& " #
')* #
" & " # " ) ( # " # $ & % $ & % $ " & % " # # "
' !
" # " # # " ) ( & $ & ## % $ & ## % $ " #% # &
"'
' (
# * " # " " ) ( #& " $ & # % $ & # % $ " #% " &
" & " # " ) ( #" # $ & "% $ & "% $ " & % & # "
' # # * "
# " " " ( # " $ &# % $ &# % $ " #% # "" &
"'
" # " # " ) ( $ && % $ &" """% $ &" """% $ " #% #" &
' !
" & " # " ( $ & % $ & % $ & % $ " & % "# # "
"' # *
& " " ) ( & $ " % $ " % $ % #" &
"'# * &
& & " # " ( # "" $ # % $ # % $ # % # & " &
')* # *
&
'#
# " # ) ( $ # # % $ # # % $ & "% "& " # &
& & & " # ) ( ## " # $ # % $ # % $ # % " &
) &" &" & ! &# & #"
) # # & ! # & " &
) # # # & ) ( # "& " ## & &
) # # # & ) ( # " # "" # & &
) # # # # " & ( ( # "& " ## & &
) " # " & ! # # & # # & "
) & & # & ) ( " & " " "& &" & &
) & & # & ) ( # " ""# & &
) & & ( " # & &
) & & ) ( " # & &
) " & ) ( # #&" & # "
) & & " " " & &
) " & ) ( # #&" & # "
) & & ) ( # " # # " & &
) & & ) ( & && & &
) & & " # " # & &
'
) " & ) ( # # #" # " "
+ )
) " & & ) ( # & & " "
+ )
) " &" & ) ( # & &" "# #& "
) & & & ) ( " " #& & &
) & & & ) ( # "# & &
)
) " & ) ( # # ##" "
)
) & & ( & & # " & " & &
! +
) & &# & ) ( & # " # & &
(
) & & & ) ( & " " # & &
) & &" & ( # "# " & &

E07.8
#
1
Description
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART C - SECTION 1
2
Notional
Amount
3
Date of
Maturity,
Expiry or
Settlement
4
Strike
Price,
Rate or
Index
Rec (Pay)
Showing all Collar, Swap and Forwards Open at Current Statement Date
5
6
7
8 9
Date of
Opening
Position or
Agreement
Exchange or Counterparty
Cost or
(Consideration
Received)
Book Value
*
10
Statement
Value
11
Fair Value
12
Year to Date
Increase/
(Decrease) by
Adjustment
13
Used to
Adjust Basis
of Hedged
Item
14
Other
Investment/
Miscellaneous
Income
! ! ! !" !! # ! $$
! ! ! ! !! # ! " $ $
! ! ! ! !! # # ! " $ $
! ! ! ! !! # " $
! ! ! ! !! # ! $$
! ! ! ! !! # ! $$! $$ !!
! ! ! $ !" ! !! # $! "
%
! ! ! !" ! !! # $ $ $ !
0799999. Subtotal - Swaps - Other & ' & ! $ ' XXX & ! $ ' ! " &$" ! ' " ! " "" "
0899999. Subtotal - Swaps !$ ! $ & ! ! ! ' XXX & ! ! ! ' & $ " ' & ! $! $' !$ !$ !" $"
# # $ ( )*+ ! !!
, ! $ " ! !! ! " ! ! !" !! - # &$" ' &$" ' &$" ' &$" "' $$ $
# # $ ( )*+ ! !!
, ! ! !! ! $ ! !! # & " " ' & " " ' & " " ' & " ' ! !
.
, !! ! "! ! ! ! $ ! !!" # # & !' & !' & !' & ! !!$' $
.
, $ ! ! ! ! ! !$$ ! !!" # & $ ' & $ ' & $ ' &" ' " !"
.
, $ ! ! ! ! ! !" ! !!" - # & "" $"' & "" $"' & "" $"' & " "' !"
.
, ! ! ! ! ! $ ! !! # & ' & ' & ' & ' $
.
, $ " ! ! ! ! $!$"! !$ ! !! # # & !' & !' & !' & !' $ "
.
, $ ! ! ! ! !!$ "! !! - # & $ ' & $ ' & $ ' & ! ' ! ! ! !
.
, " ! ! !" ! " ! " $ ! !! - # &" !' &" !' &" !' & $ " ' " $ "! !!
.
, " ! " ! " ! " " ! !!$ - # & $ ' & $ ' & $ ' & ' !
.
, !$ !$! " ! " ! $ ! !!$ # & ! ! ' & ! ! ' & ! ! ' & '
$ ( )*+ " !
, ! !! !! ! !! # # & $!$ " ' & $!$ " ' & $!$ " ' & !! ! ' & ' $ "$
" ( )*+ !" ! ! !
, $ !" ! ! ! ! $ !" ! !! # & "" ' & "" ' & "" ' & ! ' " " $
" ( )*+ !" ! ! !
, $$ ! !" ! ! ! ! $ ! ! !! # # &" !' &" !' &" !' & " $' !"
" ( )*+ !" ! ! !
, " !" ! ! ! ! " !$ !!$ - # & " ' & " ' & " ' & $ ' "! !
# # ( )*+ ! !!
, ! ! !! ! " ! ! !!$ # # & ' & ' & ' & $! '
# # $ ( )*+ ! !!
, " ! !! ! $ $ ! " !! - # & !! " ' & !! " ' & !! " ' &" $ !' ! $
# # $ ( )*+ ! !!
, !$ ""! ! !! ! " " !" ! !! # # & " ""!' & " ""!' & " ""!' &"! $' ! ! "
# # ( )*+ ! !!
, $ !!! ! !! ! $ " " !! # # & ! !$$' & ! !$$' & ! !$$' & " " ' !
. "$( )*+ !" "! !
, $ $ !" "! ! ! $ ! ! !! - # & $' & $' & $' & ! ' $ " !
0999999. Subtotal - Forwards - Hedging & $" !" ' XXX & $" !" ' & $" !" ' & ! $ ' " $ " !
1299999. Subtotal - Forwards & $" !" ' XXX & $" !" ' & $" !" ' & ! $ ' " $ " !
2599999. Subtotal - Hedging !! & ! "$ ' XXX & ! "$ ' & !! " ' &" ! ' " " ! $
2799999. Subtotal - Other & ' & ! $ ' XXX & ! $ ' ! " &$" ! ' " ! " "" "
9999999 - Totals !$ ! $ & $ $ ! ' XXX & $ $ ! ' & ! " ' & $ " ' " ! !$ ! "
15
Potential
Exposure

E07.9
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE DB - PART D - SECTION 1
Showing all Futures Contracts and Insurance Futures Open at Current Statement Date
1 2 3 4 5 6 7 8 9 Variation Margin Information 13
10
11
12
Date of
Used to Adjust
Number of Maturity
Variation Opening
Basis of
Potential
Description
Contracts Date Original Value Current Value Margin Position Exchange or Counterparty Cash Deposit Recognized Hedged Item Deferred Exposure
NONE
9999999 - Totals XXX XXX

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
SCHEDULE E - PART 1 - CASH
Month End Depository Balances
1 2 3 4 5 Book Balance at End of Each Month
Depository Code
Rate of
Interest
Amount of
Interest Received
During Current
Quarter
Amount of
Interest Accrued
at Current
Statement Date
6
First Month
During Current Quarter
7
Second Month
8
9
Third Month *
XXX
XXX
XXX
! ! XXX
"#$ ! XXX
% & '() * ! ! ! XXX
* ! XXX
+&, -&& . ! ! ! XXX
+&,
-&& .' ! XXX
" ! XXX
" /0& , , ! ! ! XXX
"
& 1 -1 " ! XXX
#0
)2 & , ! ! ! ! ! XXX
XXX
0 & 0 !! XXX
"#
" & &3 XXX
. 4 5 6 ! ! XXX
&
* -& . XXX
78 XXX
78 *- 3 &. ! XXX
* 7 -& ! ! XXX
( && #
5&- ' 0 XXX
( && # 5& 4* 9 : ! ! ! XXX
; / )2 & * " XXX
; / )2 & * XXX
; / & 1 -1 ! ! XXX
; / ' 5 ! ! ! ! XXX
; / & , 5 XXX
; / &3

STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of
AMERICA
SCHEDULE E - PART 1 - CASH
Month End Depository Balances
1 2 3 4 5 Book Balance at End of Each Month
Depository Code
Rate of
Interest
Amount of
Interest Received
During Current
Quarter
Amount of
Interest Accrued
at Current
Statement Date
6
First Month
During Current Quarter
7
Second Month
8
9
Third Month *
0399999. Total Cash on Deposit XXX XXX XXX
0499999. Cash in Company's Office XXX XXX XXX XXX XXX
0599999. Total - Cash XXX XXX XXX
E08.1

E09
STATEMENT AS OF SEPTEMBER 30, 2009 OF THE TEACHERS INSURANCE and ANNUITY ASSOCIATION of AMERICA
SCHEDULE E - PART 2 - CASH EQUIVALENTS
1
Description
0199999. U.S. Governments - Issuer Obligations
0399999. Total - U.S. Government Bonds
1099999. Total - All Other Government Bonds
1799999. Total - U.S. States, Territories and Possessions Bonds
2499999. Total - U.S. Political Subdivisions of States, Territories and Possessions Bonds
3199999. Total - U.S. Special Revenues Bonds
3299999. Industrial and Miscellaneous (Unaffiliated) - Issuer Obligations
3899999. Total - Industrial and Miscellaneous Bonds (Unaffiliated)
4199999. Total - Credit Tenant Loans
4899999. Total - Hybrid Securities
5599999. Total - Parent, Subsidiaries and Affiliates Bonds
7799999. Total - Issuer Obligations
7899999. Total - Single Class Mortgage-Backed/Asset-Backed Securities
7999999. Total - Defined Multi-Class Residential Mortgage-Backed Securities
8099999. Total - Other Multi-Class Residential Mortgage-Backed Securities
8199999. Total - Defined Multi-Class Commercial Mortgage-Backed Securities
8299999. Total - Other Multi-Class Commercial Mortgage-Backed/Asset-Backed Securities
8399999. Total Bonds
8699999 - Total Cash Equivalents
Show Investments Owned End of Current Quarter
2
3
4
Code
Date Acquired
Rate of Interest
5
Maturity Date
6
Book/Adjusted
Carrying Value
7
Amount of Interest
Due and Accrued
8
Amount Received
During Year