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HomeMy WebLinkAbout4.02 Treasurer's Investment Report TO: City Council 3 1 rn _ FROM: y Treasure SUBJECT: City Treasurer' s Investment Report for the period ending August 31, 1987. DATE: September 14, 1987 Attached is the Investment Report for -August 31, 1987. The report !' shows that the City' s investment portfolio totals $17, 432, 999. 00. This represents an decrease of $1, 306, 000.00 compared to the City' s investments of last month. The two main reasons for this Esubstantial decrease were the debt service on the C. O. P for the Civic Center and the purchase of the land from the School for 1 the Civic Center. The total of both checks exceeded $1, 300, 000. 1 Note that the rate of interest on investments in the Local Agency Investment Fund (LAIF) is calculated daily. The rate identified for that investment was effective for August .31, 1987. The Fund /, pays interest on a quarterly basis. ' It - is managed by .the State Treasurer' s Office. The advantage in using this investment 1 mechanism is that there is no minimum investment period,. and the 1 interest earned is determined by the length of time the deposit remains in the fund during any given quarter period. The maturity schedule of the City' s investments will permit the City to meet its expenditure requirement for the following month. 1 I . j i 1 I i 1 I • • ITEM NO. e.Z City of Dublin City Treasurer' s Investment Report For August 31, 1987 • TYee_of rate of - Institution Invstrant Amount interest 'maturity State Treasurer LAIF $9, 661, 000. 00 7. 450 - 0 0 ' 0 Central S&L c-d $100, 000. 00 7. 100 9 8 87 Farmer' s Bank c-d $100, 000. 00 7.050 9 8 87 American D i vers i Bankc-d $99, 000. 00 7. 350 _. 9 10 ,87 County S. Bank c-d $100, 000. 00 7. 000 9 17 87 Brentwood Square S&L c-d $100, 000. 00 6. 750 9 18 87 Carver S&L c-d $100, 000. 00 6. 625 9 18 87 • Household Bank c-d $98, 000. 00 7. 000 9 18 87 Columbus S&L c-d $99, 000. 00 7.250 9 24 87 Flagship Fed S&L c-d $99, 000. 00 7. 000 . 9 24- 87 Sterling S&L c-d $99, 000. 00 • `:6. 825 9 28 87 Long Beach S&L c-d $100, 000. 00 6.750 9 29 87 Continental S&L c-d $99, 000. 00 6.875 ' 9 30- 87 Great Pacific S&L c-d $99, 000. 00 6. 500 10 -13 87 Executive S&L c-d $100, 000. 00 6.875 10 15 87 Girard S. BAnk c-d $99, 000. 00 - 6.750. 10'15 87 Western Fin S&L c-d $100, 000. 00 ._ 8.500;;-10 15 .87 Hawthorne S&L c-d $100, 000.00 6. 800-;10 21 87 Capitol Fed S&L c-d $100, 000. 00 7.000=10_=28-87 - • Security Fed S&L c-d $100, 000. 00 6. 600.: 10 28' 87 First S&L c-d $95, 000. 00 6. 870 11= 12: 87 Cal America S&L c-d $99, 000.00 =7. 350;;11-25:;87•- Fireside Thrift c-d • $100, 000. 00 .7.2501 12 20.87:' - La Cumbre S. BAnk c-d $99, 000. 00 :-7.'000.. 12'_28'87 First Republic T&L c-d " $100, 000. 00 `- ;7.000`:12-30 '87 • Foothill T&L c-d • $100, 000. 00 7.250'1.2-30 87 First Ca. S. Bank c-d $100, 000. 00: "• 7.250 r 1 8 „88 Financial S&L • c-d _. . . _. _._.,._ $99, 000 04 6: 8501 21 88 " - Hi ghland Fed S&L c-d + $100, 000. 00 • 6:750i21=88 Point West BAnk c-d $100, 000. 00. 6.500A1-;2/.488 ,4,-' ° US Community S. Bank c-d • _..- $99, 000. 00 • " 6 7507-1-21488 Provident Fed S&L c-d $100, 000. 00 6. 500:;; 1; 21?. 88. Century City S&L c-d $100, 000. 00 7.000;. 1; 22-.88 Commercial Center Bnkc-d - $100, 000.00 6. 850-~-1 -222 -88 - Ma l i bu S&L c-d $100, 000. 00 7. 375 x 1' 22 88 Imperial Thrift Co c-d $100, 000. 00 ';'7.375$'1:.30.41.88 Delta Savings Bank • c-d $100, 000. 00 . - 7. 000. 3;;18'88 Malaga S&L c-d $99, 000.00 _6. 875 3-- 18` 88 • Peninsula S&L c-d $100, 000. 00 7.000-' 3 18 88 Southwest S&L -...c-d $/00, 000. 00 �,"-6-.800-X3.:18`88, - _-.._ Standard Pacific S&L c-d $99, 000. 00 .;-q, 6. 875 g3-,,18" 88 Western Empire S&L c-d $99, 000. 00 ...•,;4 7:000 ;:3 18 88 Pacific Coast S&L . c-d "$99, 000. 00 6.875` :'3`21-88 Far West S&L c-d $100, 000. 00 ,E 850 ,• 3 22 88 Brookside S&L c-d $99, 000. 00 7. 125,`, -;'r•3 29..88 West co S. Bank_ c-d $100, 000.00--- =,«7:125'x,3,:29 88`y • Wilshire S&L c-d • $100, 000. 00 ' 7. 000 4 $ ; • w. tif t ' -}.•t I.P.: 4 v ..^ta aP +j T,. .7—x7.. ,,1. ♦. y,. 0 s I Newport Balboa S&L c-d $100, 000. 00 6. 950 4 12 88 First Fed S&L c-d - $99, 999. 00 6. 850 4 14 88 Irvine City S&L c-d $99, 000. 00 6. 875 4 18 88 Los Padres S&L c-d $100, 000. 00 6. 875 4 18 88 New American S&L c-d $99,000. 00 6. 875 4 18 88 Stockton S&L c-d $100,-000. 00 7. 000 4 18 88 United Calif. S. Bank c-d $100, 000. 00 6. 900 4 18 88 Pacific S. Bank c-d $100, 000. 00 7. 250 4 21 88 Paramount S. Bank c-d $100, 000. 00 7. 125 4 21 88 Del Arm S&L c-d $100, 000. 00 7. 125 4 22 88 Guardian S&L c-d $100, 000. 00 7. 000 4 25 88 Hamilton S. Bank c-d $100, 000. 00 7. 300 4 26 88 Bank of Livermore cltr c-d $400, 000. 00 7. 000 4 28 88 Investment S&L c-d $100, 000. 00 7. 500 5 15 88 Columbia S&L c-d $99, 000. 00 8. 260 5 22 88 Palomar Savings c-d $120, 000. 00 8. 000 7 14 88 First Federal S&L c-d $100, 000. 00 7. 400 7 21 88 • West s i de S&L c-d $100, 000. 00 8. 000 7 29 88 Bank of Livermore cltr c-d $300, 000. 00 8. 000 5 26 89 Central Bank(1) U. S. Trea $200, 000. 00 8. 000 5 31 89 Bel Air S&L c-d $99, 000. 00 7. 000 8 29 89 internalt ional S. Bnk c-d $99, 000. 00 7. 950 8 31 89 Central Bank(2) FHLB Note $200, 000. 00 8. 030 7 25 90 Central Bank(3) U. S. Trea $200, 000. 00 8. 190 8 15 90 CURRENT AMT INVESTED $17, 432, 999. 00 PRIOR PERIOD INVESTED $18738,_,999. 00 ($1, 306, 000. 00) • footnotes 1. and 3. United States Treasury Securities are fully guaranteed by the U. S. Government. 2. The Federal Home Loan bank consolidated bonds are lawful investments for all fiduciary, trust, and public funds including those under the control of the U. S. Government. • •