N-Q 1 rq150_35597nq.txt RQ150_35597NQ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-02945 CENTENNIAL MONEY MARKET TRUST (Exact name of registrant as specified in charter) 6803 SOUTH TUCSON WAY, CENTENNIAL, COLORADO 80112-3924 (Address of principal executive offices) (Zip code) ROBERT G. ZACK, ESQ. OPPENHEIMERFUNDS, INC. TWO WORLD FINANCIAL CENTER, NEW YORK, NEW YORK 10281-1008 (Name and address of agent for service) Registrant's telephone number, including area code: (303) 768-3200 Date of fiscal year end: JUNE Date of reporting period: 09/30/2006 ITEM 1. SCHEDULE OF INVESTMENTS. Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- PRINCIPAL AMOUNT VALUE -------------------------------------------------------------------------------- CERTIFICATES OF DEPOSIT--21.0% -------------------------------------------------------------------------------- DOMESTIC CERTIFICATES OF DEPOSIT--6.4% Bank of America NA: 5.33%, 12/13/06 $ 246,000,000 $ 246,000,000 5.335%, 12/11/06 250,000,000 250,000,000 5.345%, 11/24/06 50,000,000 50,000,000 -------------------------------------------------------------------------------- Bank of the West, 5.365%, 11/9/06 193,000,000 193,000,000 -------------------------------------------------------------------------------- Citibank NA, 5.33%, 12/20/06 45,000,000 45,000,000 -------------------------------------------------------------------------------- LaSalle Bank Midwest NA, 5.279%, 10/20/06 300,000,000 300,000,000 -------------------------------------------------------------------------------- Washington Mutual Bank FA: 5.40%, 11/2/06 100,000,000 100,000,000 5.47%, 10/18/06 178,000,000 178,000,000 -------------------------------------------------------------------------------- Wells Fargo Bank NA, 5.27%, 10/25/06 150,000,000 150,000,000 ---------------- 1,512,000,000 -------------------------------------------------------------------------------- YANKEE CERTIFICATES OF DEPOSIT--14.6% Abbey National Treasury Services: 5.28%, 10/2/06 100,000,000 100,000,000 5.28%, 10/25/06 100,000,000 100,000,000 -------------------------------------------------------------------------------- Bank of Montreal Chicago: 5.28%, 10/12/06 115,000,000 115,000,000 5.28%, 10/13/06 100,000,000 100,000,000 -------------------------------------------------------------------------------- Barclays Bank plc, New York: 5.34%, 12/1/06 60,000,000 60,000,000 5.35%, 11/22/06 45,000,000 45,000,000 5.37%, 11/15/06 71,000,000 71,000,000 5.455%, 10/16/06 150,000,000 150,000,000 5.46%, 10/18/06 138,500,000 138,500,000 -------------------------------------------------------------------------------- BNP Paribas, New York: 5.275%, 7/2/07 1 120,000,000 119,977,002 5.49%, 10/19/06 228,000,000 228,000,000 -------------------------------------------------------------------------------- Calyon, New York: 5.27%, 7/2/07 1 250,000,000 249,922,373 5.275%, 10/2/06 100,000,000 100,000,000 -------------------------------------------------------------------------------- Canadian Imperial Bank of Commerce NY: 5.28%, 10/4/06 200,000,000 200,000,000 5.31%, 11/17/06 98,000,000 98,000,000 -------------------------------------------------------------------------------- Deutsche Bank, New York, 5.29%, 11/3/06 175,000,000 175,000,000 -------------------------------------------------------------------------------- Fortis Bank SA/NV, New York, 5.275%, 10/20/06 243,500,000 243,500,000 -------------------------------------------------------------------------------- Royal Bank of Canada, New York Branch: 5.31%, 10/6/06 142,500,000 142,500,000 5.34%, 11/30/06 143,000,000 143,000,000 -------------------------------------------------------------------------------- Skandinaviska Enskilda Banken, New York: 5.28%, 10/3/06 1 164,000,000 163,999,821 5.29%, 7/5/07 1 50,000,000 49,992,078 5.295%, 5/17/07 1 50,000,000 49,994,584 -------------------------------------------------------------------------------- Societe Generale, New York, 5.28%, 10/5/06 200,000,000 200,000,000 -------------------------------------------------------------------------------- Svenska Handelsbanken NY, 5.335%, 12/8/06 155,500,000 155,500,000 -------------------------------------------------------------------------------- Toronto Dominion Bank, New York, 5.34%, 11/17/06 125,000,000 125,000,000 -------------------------------------------------------------------------------- UBS AG Stamford CT: 5.285%, 11/13/06 86,000,000 86,000,000 1 | CENTENNIAL MONEY MARKET TRUST Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- PRINCIPAL AMOUNT VALUE -------------------------------------------------------------------------------- 5.29%, 10/31/06 $ 20,000,000 $ 20,000,000 ---------------- 3,429,885,858 ---------------- Total Certificates of Deposit (Cost $4,941,885,858) 4,941,885,858 -------------------------------------------------------------------------------- DIRECT BANK OBLIGATIONS--23.5% -------------------------------------------------------------------------------- BNP Paribas Finance, Inc., 5.25%, 10/13/06 200,000,000 199,650,000 -------------------------------------------------------------------------------- Danske Corp., 5.245%, 10/30/06 2 118,936,000 118,433,250 -------------------------------------------------------------------------------- Dexia Delaware LLC, 5.26%, 11/30/06 277,800,000 275,364,620 -------------------------------------------------------------------------------- DnB NOR Bank ASA: 5.24%, 12/19/06 68,988,000 68,194,715 5.25%, 12/6/06 160,000,000 158,460,000 -------------------------------------------------------------------------------- Fortis Funding LLC, 5.26%, 11/29/06 2 110,000,000 109,051,739 -------------------------------------------------------------------------------- Governor & Co. of the Bank of Ireland: 5.245%, 11/27/06 2 79,800,000 79,137,294 5.26%, 12/7/06 2 185,000,000 183,188,953 5.27%, 11/22/06 2 173,000,000 171,696,793 -------------------------------------------------------------------------------- HBOS Treasury Services: 5.265%, 12/12/06 50,000,000 49,473,500 5.27%, 12/19/06 78,450,000 77,542,748 5.33%, 11/10/06 96,500,000 95,928,506 5.375%, 10/25/06 100,000,000 99,641,667 -------------------------------------------------------------------------------- ICICI Bank Ltd., 5.16%, 11/22/06 87,000,000 86,351,560 -------------------------------------------------------------------------------- Lloyds TSB Bank plc: 5.25%, 10/23/06 79,000,000 78,746,542 5.25%, 10/26/06 300,000,000 298,906,250 -------------------------------------------------------------------------------- Nationwide Building Society: 5.27%, 12/13/06 2 40,000,000 39,572,544 5.275%, 10/11/06 2 115,000,000 114,831,493 5.33%, 11/1/06 2 9,249,000 9,206,550 5.33%, 11/7/06 2 43,000,000 42,764,444 5.62%, 7/20/07 1,3 35,660,000 35,700,672 -------------------------------------------------------------------------------- Rabobank USA Financial Corp., 5.14%, 11/20/06 21,600,000 21,445,800 -------------------------------------------------------------------------------- Royal Bank of Scotland plc, 5.26%, 12/1/06 300,000,000 297,326,167 -------------------------------------------------------------------------------- Santander Central Hispano Finance (Delaware), Inc.: 5.27%, 11/3/06 145,000,000 144,299,529 5.27%, 11/13/06 54,500,000 54,156,938 -------------------------------------------------------------------------------- Skandinaviska Enskilda Banken AB: 5.25%, 11/16/06 2 26,400,000 26,222,900 5.294%, 11/27/06 1,2 75,000,000 75,000,000 5.30%, 11/22/06 1,2 80,000,000 79,999,864 -------------------------------------------------------------------------------- Societe Generale North America: 5.25%, 11/17/06 100,000,000 99,313,278 5.26%, 11/27/06 81,000,000 80,325,662 5.26%, 12/14/06 36,670,000 36,273,516 -------------------------------------------------------------------------------- St. George Bank Ltd.: 5.265%, 12/1/06 2 138,000,000 136,768,868 5.265%, 12/11/06 2 81,500,000 80,653,724 5.395%, 10/27/06 2 100,000,000 99,610,361 -------------------------------------------------------------------------------- Stadshypotek Delaware, Inc., 5.27%, 11/15/06 2 138,000,000 137,090,925 2 | CENTENNIAL MONEY MARKET TRUST Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- PRINCIPAL AMOUNT VALUE -------------------------------------------------------------------------------- Svenska Handelsbanken, Inc., Series S, 5.29%, 11/13/06 $ 100,000,000 $ 99,368,139 -------------------------------------------------------------------------------- Swedbank AB: 5.24%, 10/18/06 6,600,000 6,583,669 5.245%, 12/6/06 100,000,000 99,038,417 -------------------------------------------------------------------------------- Swedbank Mortgage AB: 5.27%, 11/20/06 57,350,000 56,930,230 5.29%, 11/9/06 85,000,000 84,512,879 5.29%, 11/10/06 150,500,000 149,615,394 5.37%, 10/18/06 9,800,000 9,775,149 -------------------------------------------------------------------------------- Toronto Dominion Holdings (USA), Inc., 5.26%, 12/15/06 2 114,500,000 113,245,271 -------------------------------------------------------------------------------- UBS Finance (Delaware) LLC: 5.25%, 10/6/06 185,000,000 184,865,104 5.25%, 11/6/06 75,000,000 74,606,250 5.255%, 10/2/06 184,000,000 183,973,141 5.255%, 10/5/06 233,500,000 233,363,662 -------------------------------------------------------------------------------- Westpac Banking Corp.: 5.13%, 11/27/06 2 173,000,000 171,594,808 5.26%, 12/13/06 2 36,400,000 36,011,754 5.33%, 11/8/06 2 93,500,000 92,973,959 -------------------------------------------------------------------------------- Westpac Trust Securities NZ Ltd., 5.375%, 10/24/06 2 170,000,000 169,416,215 ---------------- Total Direct Bank Obligations (Cost $5,526,205,413) 5,526,205,413 -------------------------------------------------------------------------------- LETTERS OF CREDIT--0.7% -------------------------------------------------------------------------------- Suntrust Bank, guaranteeing commercial paper of NATC California LLC: 5.42%, 10/12/06 23,599,000 23,559,917 5.42%, 10/13/06 150,000,000 149,729,000 ---------------- Total Letters of Credit (Cost $173,288,917) 173,288,917 -------------------------------------------------------------------------------- SHORT-TERM NOTES--54.2% -------------------------------------------------------------------------------- ASSET-BACKED SECURITIES--21.9% Amsterdam Funding Corp.: 5.26%, 10/4/06 2 50,000,000 49,978,083 5.27%, 10/19/06 2 32,000,000 31,915,680 -------------------------------------------------------------------------------- Aquinas Funding LLC, 5.27%, 10/25/06 2 125,000,000 124,560,833 -------------------------------------------------------------------------------- Barton Capital Corp.: 5.25%, 10/16/06 2 50,000,000 49,890,625 5.27%, 11/6/06 2 43,822,000 43,591,058 5.27%, 11/10/06 2 119,100,000 118,402,603 5.275%, 10/5/06 2 23,393,000 23,379,289 5.28%, 10/4/06 2 102,898,000 102,852,768 -------------------------------------------------------------------------------- Capital Auto Receivables Asset Trust 2006-SN1A, Series 2006-SN1A, Cl. A1B, 5.33%, 9/20/07 1,4 101,211,356 101,211,356 -------------------------------------------------------------------------------- Chesham Finance LLC: 5.27%, 11/1/06 192,000,000 191,128,693 5.27%, 12/22/06 30,000,000 29,639,883 -------------------------------------------------------------------------------- Concord Minutemen Capital Co. LLC: 5.27%, 10/2/06 2 70,364,000 70,353,700 5.27%, 10/12/06 2 78,445,000 78,318,682 5.27%, 10/26/06 2 109,648,000 109,246,719 3 | CENTENNIAL MONEY MARKET TRUST Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- PRINCIPAL AMOUNT VALUE -------------------------------------------------------------------------------- 5.405%, 10/17/06 2 $ 76,405,000 $ 76,221,458 -------------------------------------------------------------------------------- FCAR Owner Trust I: 5.285%, 12/15/06 147,900,000 146,271,559 5.30%, 11/15/06 50,000,000 49,668,750 5.33%, 10/16/06 100,000,000 99,777,917 5.40%, 10/25/06 115,000,000 114,586,000 -------------------------------------------------------------------------------- FCAR Owner Trust II, 5.33%, 10/4/06 32,000,000 31,985,787 -------------------------------------------------------------------------------- Gemini Securitization Corp.: 5.27%, 10/13/06 2 63,000,000 62,889,397 5.27%, 10/18/06 2 39,000,000 38,902,944 5.27%, 11/2/06 2 125,050,000 124,464,210 5.275%, 10/30/06 2 35,600,000 35,448,725 5.40%, 10/16/06 2 45,000,000 44,898,750 5.40%, 10/26/06 2 75,000,000 74,718,750 -------------------------------------------------------------------------------- Gotham Funding Corp.: 5.27%, 10/10/06 2 50,000,000 49,934,125 5.27%, 10/16/06 2 33,200,000 33,127,098 5.285%, 10/13/06 2 50,000,000 49,911,917 5.29%, 10/17/06 2 28,600,000 28,532,758 5.29%, 10/27/06 2 101,317,000 100,929,913 5.30%, 10/20/06 2 5,900,000 5,883,496 5.40%, 10/2/06 2 5,200,000 5,199,220 -------------------------------------------------------------------------------- GOVCO, Inc.: 5.27%, 12/7/06 2 50,000,000 49,509,597 5.28%, 11/27/06 2 75,000,000 74,373,000 5.35%, 11/6/06 2 50,000,000 49,732,500 5.395%, 10/18/06 2 48,000,000 47,877,713 -------------------------------------------------------------------------------- Grampian Funding LLC, 5.15%, 11/21/06 100,000,000 99,270,417 -------------------------------------------------------------------------------- Legacy Capital LLC: 5.27%, 10/2/06 53,462,000 53,454,174 5.27%, 10/10/06 25,052,000 25,018,994 5.27%, 10/26/06 96,860,000 96,505,519 5.275%, 10/6/06 91,624,000 91,556,873 -------------------------------------------------------------------------------- Lexington Parker Capital Co. LLC: 5.27%, 10/6/06 2 50,000,000 49,963,403 5.285%, 11/2/06 2 135,806,000 135,168,014 5.40%, 10/11/06 2 21,705,000 21,672,443 5.41%, 10/18/06 2 80,388,000 80,182,631 -------------------------------------------------------------------------------- Neptune Funding Corp.: 5.31%, 10/2/06 2 27,000,000 26,996,018 5.31%, 10/4/06 2 127,472,000 127,415,594 5.40%, 10/23/06 2 75,000,000 74,752,500 -------------------------------------------------------------------------------- Old Line Funding Corp., 5.27%, 10/18/06 2 40,462,000 40,361,306 -------------------------------------------------------------------------------- Ormond Quay Funding LLC: 5.28%, 10/5/06 2 84,500,000 84,450,427 5.30%, 10/27/06 2 198,400,000 197,640,569 -------------------------------------------------------------------------------- Perry Global Funding LLC, Series A: 5.28%, 12/4/06 2 130,025,000 128,804,499 4 | CENTENNIAL MONEY MARKET TRUST Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- PRINCIPAL AMOUNT VALUE -------------------------------------------------------------------------------- 5.31%, 11/13/06 2 $ 56,076,000 $ 55,720,338 -------------------------------------------------------------------------------- Regency Markets No. 1 LLC, 5.39%, 10/16/06 2 100,000,000 99,775,417 -------------------------------------------------------------------------------- Sheffield Receivables Corp.: 5.27%, 10/4/06 2 37,000,000 36,983,751 5.28%, 11/9/06 2 91,746,000 91,221,213 -------------------------------------------------------------------------------- Solitaire Funding LLC: 5.27%, 10/6/06 2 117,600,000 117,513,923 5.27%, 10/23/06 2 204,300,000 203,636,541 5.27%, 11/16/06 2 123,859,000 123,024,947 -------------------------------------------------------------------------------- Victory Receivables Corp.: 5.28%, 10/11/06 2 50,000,000 49,926,667 5.40%, 10/24/06 2 77,254,000 76,987,474 -------------------------------------------------------------------------------- Windmill Funding Corp.: 5.26%, 10/6/06 2 60,000,000 59,956,167 5.26%, 10/12/06 2 208,000,000 207,665,698 -------------------------------------------------------------------------------- Yorktown Capital LLC: 5.27%, 10/4/06 2 20,181,000 20,172,137 5.27%, 10/19/06 2 127,904,000 127,566,973 5.27%, 10/30/06 2 31,720,000 31,585,340 ---------------- 5,154,265,523 -------------------------------------------------------------------------------- BEVERAGES--0.0% Better Brands of South Georgia LLP, Series 2003, 5.33%, 10/5/06 1 11,350,000 11,350,000 -------------------------------------------------------------------------------- CAPITAL MARKETS--8.6% Banc of America Securities LLC, 5.35%, 10/2/06 1 180,000,000 180,000,000 -------------------------------------------------------------------------------- Bear Stearns Cos., Inc.: 5.24%, 12/28/06 275,000,000 271,475,844 5.25%, 11/29/06 120,000,000 118,967,500 5.28%, 12/15/06 47,900,000 47,373,100 -------------------------------------------------------------------------------- Citigroup Funding, Inc.: 5.25%, 12/14/06 199,900,000 197,738,637 5.26%, 11/17/06 49,000,000 48,663,506 5.265%, 12/18/06 150,000,000 148,288,875 5.40%, 10/17/06 30,000,000 29,928,000 -------------------------------------------------------------------------------- Goldman Sachs Group, Inc.: 5.373%, 10/30/06 1,4 233,000,000 233,000,000 5.38%, 4/6/07 1,4 180,000,000 180,000,000 -------------------------------------------------------------------------------- Lehman Brothers, Inc., 5.438%, 10/2/06 1 43,000,000 43,000,000 -------------------------------------------------------------------------------- Merrill Lynch & Co., Inc., 5.25%, 10/30/06 119,500,000 118,994,615 -------------------------------------------------------------------------------- Merrill Lynch & Co., Inc., Series C, 5.51%, 8/27/07 1 25,000,000 25,025,427 -------------------------------------------------------------------------------- Morgan Stanley: 5.25%, 10/19/06 201,000,000 200,472,375 5.25%, 10/23/06 150,000,000 149,518,750 5.25%, 10/27/06 33,100,000 32,974,496 ---------------- 2,025,421,125 -------------------------------------------------------------------------------- CHEMICALS--1.2% BASF AG: 5.26%, 11/28/06 2 100,000,000 99,152,556 5 | CENTENNIAL MONEY MARKET TRUST Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- PRINCIPAL AMOUNT VALUE -------------------------------------------------------------------------------- 5.35%, 11/2/06 2 $ 181,100,000 $ 180,238,769 ---------------- 279,391,325 -------------------------------------------------------------------------------- COMMERCIAL BANKS--2.1% Bank of America Corp.: 5.26%, 12/15/06 89,000,000 88,024,708 5.28%, 11/20/06 50,000,000 49,633,333 -------------------------------------------------------------------------------- HSBC USA, Inc.: 5.265%, 11/30/06 125,000,000 123,903,125 5.275%, 11/27/06 20,000,000 19,832,958 5.32%, 10/13/06 42,000,000 41,925,520 -------------------------------------------------------------------------------- Marshall & Ilsley Corp.: 5.26%, 10/31/06 17,000,000 16,925,483 5.26%, 11/3/06 23,000,000 22,889,102 5.26%, 12/14/06 25,000,000 24,729,694 5.27%, 11/16/06 25,000,000 24,831,653 5.33%, 10/4/06 25,000,000 24,988,896 -------------------------------------------------------------------------------- National City Credit Corp., 5.25%, 10/26/06 50,000,000 49,817,708 ---------------- 487,502,180 -------------------------------------------------------------------------------- COMMERCIAL FINANCE--1.6% Countrywide Financial Corp.: 5.30%, 10/27/06 180,000,000 179,311,000 5.40%, 10/2/06 139,500,000 139,479,402 -------------------------------------------------------------------------------- Private Export Funding Corp.: 5.38%, 10/4/06 2 30,000,000 29,986,550 5.38%, 10/11/06 2 25,000,000 24,962,639 ---------------- 373,739,591 -------------------------------------------------------------------------------- CONSUMER FINANCE--2.0% American Express Credit Corp.: 5.25%, 10/5/06 96,000,000 95,944,000 5.25%, 10/10/06 150,000,000 149,803,125 5.25%, 10/12/06 200,000,000 199,679,167 -------------------------------------------------------------------------------- American Express Credit Corp., Series B, 5.42%, 12/15/06 1 25,000,000 25,006,130 ---------------- 470,432,422 -------------------------------------------------------------------------------- DIVERSIFIED FINANCIAL SERVICES--5.9% General Electric Capital Corp.: 5.27%, 11/17/06 200,000,000 198,623,944 5.27%, 11/22/06 95,500,000 94,773,033 -------------------------------------------------------------------------------- General Electric Capital Services: 5.27%, 11/20/06 235,000,000 233,279,931 5.27%, 11/22/06 112,500,000 111,643,625 -------------------------------------------------------------------------------- Greenwich Capital Holdings, Inc.: 5.245%, 12/21/06 221,000,000 218,392,768 5.463%, 2/15/07 1 170,000,000 170,000,000 -------------------------------------------------------------------------------- HSBC Finance Corp.: 5.265%, 12/14/06 91,000,000 90,015,153 5.27%, 11/29/06 90,000,000 89,222,675 5.33%, 11/6/06 92,000,000 91,509,640 6 | CENTENNIAL MONEY MARKET TRUST Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- PRINCIPAL AMOUNT VALUE -------------------------------------------------------------------------------- Prudential Funding LLC, 5.285%, 11/13/06 4 $ 100,000,000 $ 99,368,736 ---------------- 1,396,829,505 -------------------------------------------------------------------------------- ENERGY EQUIPMENT & SERVICES--0.1% Mississippi Business Finance Corp. Revenue Bonds, Signal International LLC Project, Series 2004A, 5.33%, 10/2/06 1 14,600,000 14,600,000 -------------------------------------------------------------------------------- HEALTH CARE EQUIPMENT & SUPPLIES--0.0% Cambridge-Southlake Partners LP, Series 2003, 5.33%, 10/2/06 1 8,675,000 8,675,000 -------------------------------------------------------------------------------- INSURANCE--3.2% ING America Insurance Holdings, Inc.: 5.145%, 10/12/06 30,000,000 29,952,838 5.265%, 12/7/06 20,000,000 19,804,025 5.27%, 11/20/06 40,000,000 39,707,222 5.27%, 11/27/06 14,900,000 14,775,672 5.27%, 12/6/06 48,000,000 47,536,240 5.27%, 12/11/06 28,500,000 28,203,782 5.29%, 10/25/06 50,000,000 49,823,667 5.38%, 10/5/06 23,000,000 22,986,251 5.385%, 10/13/06 50,000,000 49,910,250 5.385%, 10/16/06 80,000,000 79,822,458 5.40%, 10/17/06 50,000,000 49,880,000 -------------------------------------------------------------------------------- Jackson National Life Global Funding, Series 2004-6, 5.40%, 10/16/06 1,4 50,000,000 50,000,000 -------------------------------------------------------------------------------- MetLife Funding, Inc., 5.27%, 11/27/06 40,066,000 39,731,683 -------------------------------------------------------------------------------- Metropolitan Life Global Funding I, Series 2003-5, 5.42%, 10/16/06 1,4 69,400,000 69,400,000 -------------------------------------------------------------------------------- Prudential Insurance Co. of America, 5.36%, 2/1/07 1,4 165,000,000 165,000,000 ---------------- 756,534,088 -------------------------------------------------------------------------------- LEASING & FACTORING--2.1% American Honda Finance Corp.: 5.341%, 9/26/07 1,3 65,000,000 65,000,000 5.349%, 6/25/07 1,3 75,000,000 74,992,629 -------------------------------------------------------------------------------- Toyota Motor Credit Corp.: 5.26%, 12/13/06 72,000,000 71,232,040 5.26%, 12/14/06 99,500,000 98,424,184 5.27%, 11/20/06 85,000,000 84,377,847 5.34%, 11/8/06 100,000,000 99,436,333 ---------------- 493,463,033 -------------------------------------------------------------------------------- LEISURE EQUIPMENT & PRODUCTS--0.1% Prattville, AL Cooperative District Ltd. Economic Development Revenue Bonds, Bass Pro Project, Series 2006, 5.33%, 10/5/06 1 23,370,000 23,370,000 ---------------- 23,370,000 -------------------------------------------------------------------------------- MUNICIPAL--0.0% Private Colleges and Universities Authority Revenue Bonds, Mercer University Project, 5.40%, 10/2/06 1 8,185,000 8,185,000 ---------------- 8,185,000 -------------------------------------------------------------------------------- PHARMACEUTICALS--0.3% Sanofi-Aventis, 5.25%, 10/18/06 2 69,000,000 68,828,938 7 | CENTENNIAL MONEY MARKET TRUST Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- PRINCIPAL AMOUNT VALUE -------------------------------------------------------------------------------- SPECIAL PURPOSE FINANCIAL--5.1% Blue Spice LLC, 5.28%, 10/2/06 2 $ 29,500,000 $ 29,495,673 -------------------------------------------------------------------------------- Cooperative Assn. of Tractor Dealers, Inc., Series B, 5.28%, 12/21/06 3,060,000 3,023,647 -------------------------------------------------------------------------------- K2 (USA) LLC: 5.14%, 11/27/06 50,000,000 49,593,083 5.27%, 10/23/06 120,100,000 119,713,211 -------------------------------------------------------------------------------- LINKS Finance LLC, 5.349%, 9/25/07 1,3 100,000,000 99,985,247 -------------------------------------------------------------------------------- Parkland (USA) LLC: 5.31%, 12/12/06 1,3 16,000,000 15,999,684 5.31%, 2/15/07 1,4 50,000,000 49,998,161 -------------------------------------------------------------------------------- Premier Asset Collateralized Entity LLC: 5.31%, 4/23/07 1,3 75,000,000 74,995,931 5.31%, 9/17/07 1,3 100,000,000 100,000,000 -------------------------------------------------------------------------------- Premier Asset Collateralized Entity LLC 1, 5.27%, 12/22/06 30,000,000 29,639,883 -------------------------------------------------------------------------------- RACERS Trust, Series 2004-6-MM, 5.35%, 10/23/06 1 156,500,000 156,500,000 -------------------------------------------------------------------------------- Sigma Finance, Inc.: 5.27%, 11/3/06 144,100,000 143,394,631 5.28%, 10/17/06 25,000,000 24,941,333 5.38%, 10/20/06 70,955,000 70,753,519 5.40%, 10/16/06 100,000,000 99,775,000 -------------------------------------------------------------------------------- Union Hamilton Special Purpose Funding LLC, 5.364%, 3/28/07 1,3 100,000,000 100,000,000 -------------------------------------------------------------------------------- Wachovia Asset Securitization, Inc., Series 2004-H M1A, Cl. A, 5.32%, 10/25/06 1 29,919,132 29,918,901 ---------------- 1,197,727,904 ---------------- Total Short-Term Notes (Cost $12,770,315,634) 12,770,315,634 -------------------------------------------------------------------------------- U.S. GOVERNMENT AGENCIES--0.6% -------------------------------------------------------------------------------- Federal Home Loan Mortgage Corp., 5.40%, 6/18/07 (Cost $150,000,000) 150,000,000 150,000,000 -------------------------------------------------------------------------------- TOTAL INVESTMENTS, AT VALUE (COST $23,561,695,822) 100.0% 23,561,695,822 -------------------------------------------------------------------------------- LIABILITIES IN EXCESS OF OTHER ASSETS -- (9,635,078) ------------------------------- NET ASSETS 100.0% $23,552,060,744 =============================== FOOTNOTES TO STATEMENT OF INVESTMENTS SHORT-TERM NOTES, DIRECT BANK OBLIGATIONS AND LETTERS OF CREDIT ARE GENERALLY TRADED ON A DISCOUNT BASIS; THE INTEREST RATE SHOWN IS THE DISCOUNT RATE RECEIVED BY THE TRUST AT THE TIME OF PURCHASE. OTHER SECURITIES NORMALLY BEAR INTEREST AT THE RATES SHOWN. 1. Represents the current interest rate for a variable or increasing rate security. 2. Security issued in an exempt transaction without registration under the Securities Act of 1933. Such securities amount to $6,543,326,435, or 27.78% of the Trust's net assets, and have been determined to be liquid pursuant to guidelines adopted by the Board of Trustees. 3. Represents securities sold under Rule 144A, which are exempt from registration under the Securities Act of 1933, as amended. These securities have been determined to be liquid under guidelines established by the Board of Trustees. These securities amount to $566,674,163 or 2.41% of the Trust's net assets as of September 30, 2006. 4. Illiquid security. The aggregate value of illiquid securities as of September 30, 2006 was $947,978,253, which represents 4.03% of the Trust's net assets. See accompanying Notes. 8 | CENTENNIAL MONEY MARKET TRUST Centennial Money Market Trust STATEMENT OF INVESTMENTS SEPTEMBER 30, 2006 / UNAUDITED -------------------------------------------------------------------------------- NOTES TO FINANCIAL STATEMENTS SECURITIES VALUATION. The net asset value of shares of the Trust is normally determined twice each day, at 12:00 Noon Eastern time and at 4:00 P.M. Eastern time on each day the New York Stock Exchange (the "Exchange") is open for trading. Portfolio securities are valued on the basis of amortized cost, which approximates market value. ILLIQUID SECURITIES As of September 30, 2006, investments in securities included issues that are illiquid. A security may be considered illiquid if it lacks a readily available market or if its valuation has not changed for a certain period of time. The Trust will not invest more than 10% of its net assets (determined at the time of purchase and reviewed periodically) in illiquid securities. Securities that are illiquid are marked with the applicable footnote on the Statement of Investments. RECENT ACCOUNTING PRONOUNCEMENT In September 2006, the Financial Accounting Standards Board issued Statement of Financial Accounting Standards ("SFAS") No. 157, FAIR VALUE MEASUREMENTS. This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and expands disclosures about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards. SFAS No. 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. As of September 30, 2006, the Manager does not believe the adoption of SFAS No. 157 will materially impact the financial statement amounts; however, additional disclosures may be required about the inputs used to develop the measurements and the effect of certain of the measurements on changes in net assets for the period. 9 | CENTENNIAL MONEY MARKET TRUST ITEM 2. CONTROLS AND PROCEDURES. (a) Based on their evaluation of the registrant's disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940 (17 CFR 270.30a-3(c)) as of 08/31/2006, the registrant's principal executive officer and principal financial officer found the registrant's disclosure controls and procedures to provide reasonable assurances that information required to be disclosed by the registrant in the reports that it files under the Securities Exchange Act of 1934 (a) is accumulated and communicated to the registrant's management, including its principal executive officer and principal financial officer, to allow timely decisions regarding required disclosure, and (b) is recorded, processed, summarized and reported, within the time periods specified in the rules and forms adopted by the U.S. Securities and Exchange Commission. (b) There have been no significant changes in the registrant's internal controls over financial reporting that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. ITEM 3. EXHIBITS. Exhibits attached hereto. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Centennial Money Market Trust By: /S/ JOHN V. MURPHY ---------------------------- John V. Murphy Principal Executive Officer Date: 11/15/2006 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By: /S/ JOHN V. MURPHY ---------------------------- John V. Murphy Principal Executive Officer Date: 11/15/2006 By: /S/ BRIAN W. WIXTED ---------------------------- Brian W. Wixted Principal Financial Officer Date: 10/16/2006