HomeMy WebLinkAbout4.05 Treasurer's Report 02-28-1989 _ =a
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CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: March 13 ,1989
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SUBJECT :City Treasurer' s Investment Report as of
February 28, 1989
EXHIBITS ATTACHED:City Treasurer' s Investment Report prepared by
Phillip S. Molina.
RECOMMENDATION :Accept the Treasurer' s Investment Report.
Attached is the Investment detail list as of February 28, 1989.
The report shows that the City' s investment portfolio totals
$15,766 , 878 . 47 . This represents an increase of $99,000
compared to the City' s investments of last month.
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 February 28, 1989. The Fund
pays interest on a quarterly basis. It is managed by the State
Treasurer' s Office. The advantage in using this investment
mechanism is that there is no minimum investment period, and the
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.
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City of Dublin
City Treasurer's Investment Report
February 28,1989 .
Institution Type of Amount rate of maturity
Invstmnt
State Treasurer LAIF $6-,222,000.00 8.730 0 0 0 1
Malaga S&L c-d $99,000.00 7.625 3 20 89 2
Southwest S&L c-d $100,000.00 7.750 3 20 89 3
Standard Pacific S&L c-d $99,000.00 7.500 3 20 89 4
Far West S&L c-d $98,000.00 7.700 3 23 89 5
Stockton S&L c-d $100,000.00 7.750 4 18- 89 6
Santa Barbara S&L c-d $98,000.00 7.600 4 21 89 7
Bank of Livermore cltr c-d $400,000.00 8.000- 4 28 81 8
Columbia S&L c-d $99,000.00 8.260 5 22 89 9
Bank of Livermore cltr c-d $300,000.00 8.000 5 26 89 10
Bank of Calif(1) I.S. Trea $200,000.00 8.000 5 31 89 11
Del Amo S&1 c-d $100,000.00 8.000 6 16 89 12
Century FS & LA c-d $99,000-.00 7.950 6 30 89 13 ,
Fidelity FS & LA c-d $100,000.00 7.950 6 30 89 14
Republic FS & LA c-d $100,000.00 8.000 6 30 89 15
Saratoga Savings c-d $100,000:00 8.000 6 30 89 16
Palomar Savings c-d $99,000.00 8.000 7 14 89 17
First Federal S Bank c-d $100,000.00 8.250 7 24 89 18
Westside S&L c-d $100,000.00 8.250 7 31 89 19
Imperial Savings -SD cltr c-d $1,500,000=.00 8.400 8 18 89 20 -
Bel Air S&L c-d $99,000.00 7.000 8 29 89 21
Internaltional S.Bnk c-d $99,000.00 7.950 8 31 89 22
First Network S Bank c-d $100,000.00 9.000 9 8 89 23
Torrence Savings & L c-d $95,000.00 9.000 9 8 89 24
County S. Bank c-d $100,000.00 8.750 9 16 89 25
Household Bank c-d $98,000.00 8.650 9 16 89 26
Brentwood Square S&L c-d $100,000.00 8.600 9 19 89 27
Stockdale S&L c-d $99,000.00 8.750 9 19 89 28
Long Beach S&L c-d $100,000.00 8.750 9 22 89 29
Sterling S&L c-d $99,000.00 8.750 9 27 89 30
Continental S&L c-d $99,000.00 8.700 9 29 89 31'
Great Pacific S&L c-d $99,000.00 8.750 10 11 89 32
Newport Balboa S&L c-d $99,000.00 8.600 10 11 89 33
Pacific Coast S&L c-d $99,000.00 8.950 10 12 89 34
Western Fin S&L c-d $100,000.00 8.700 . 10 14 89 35
Executive S&L c-d . $99,000.00 8.875 10 17 89 36
Girard S. BAnk c-d $99,000.00 8.950 10 17 89 37
Westport Savings Bankc-d $99,000.00 8.750 10 23 89 38
Irvine City S&L c-d $99,000.00 8.625 10 25 89 39
Cornerstone S & L c-d $100,000.00 8.800 10 27 89 40
Security Fed S&L c-d $100,000.00 8.800 10 27 89 41
First S&L c-d $95,000.00 8.900 11 10 89 42
Gibraltor S & L c-d $100,000.00 8.900 11 28 89 43
La Cumbre S. BAnk c-d $99,000.00 8.875 12 27 89 44
American Interstate Sc-d $99,000.00 9.500 12 29 89 45
Associates Fed S&L c-d $99,000.00 9.400 12 29 89 46
San Clemente S&L c-d $99,000.00 9.250 12 29 89 47
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San Francisco Fed, c-d $100,000.00 9.150 1 10 90 48
La Jolla Savings Bankc-d $99,000.00 9.200 1 20 90 . 49
US Community S. Bank c-d $99,000.00 9.250 1 20 90 50
Empire of America c-d $100,000.00 9.250 1 22 90 51
Highland Fed S&L c-d $99,000.00 9.250 1 22 90 52
Peninsula S&L c-d $100,000.00 9.250 1 22 90 53
Century City S&L c-d $99,000.00 9.260 1 23 90 54
Mother Lode S&L c-d $100,000.00 9.250 1 23 90 55 -
Southern California Sc-d $95,000.00 9.150 - 1 23 90 56
First National Bank oc-d $99,000.00 9.150 1 27 90 57
Guardian S&L c-d $99,000.00 9.550- 1 29 90 58
Shermon Oaks S. Bk. c-d ' $99,000.00 9.500- 2 5 90 59
Foothill Thrift& Loanc-d $100,000:00 9.800= - 2 28 90 60
Western Federal S&L c-d $100-,000.00 8.000 3 23 90 61
New West Federal S&L c-d $100,000.00 7.850 3 27 90 62
Brookside S&L c-d $99,000.00 8.250 3 29- 90 63
United Calif.S. Bank c-d $100,000.00 8.000 4 14 90 64
Charter Savings Bnk c-d $99,000.00 8.000 4 18 90- 65
First Fed S&L c-d $100,000.00 8.000 4 18 90 66
New American S&L c-d $99,000.00 8.000 4 18 90 67
Paramount S. Bank c-d $100,000.00 8.000 4 23 90 68
Imperial Savings Assoc-d $99,000.00 9.500- 6 27 90- 69
Bank of California(2)FHLB Note $200,000.00 8.030 7 25 90 70
Bank of California(3)U.S. Trea $200,000.00 8.190 8 15 90- 71
FNMA(Bank of Cal)(4) debenture $97,878.47 8.600 11 12 90 72
. FNMA(Bank of Cal)(4.) debenture $300,000.00 8.000 4 10 91 73
CURRENT AMT INVESTED $15,766,878.47
PRIOR PERIOD INVESTED $15,667,878.47
increase(decrease) $99,000.00
weighted average yield next month 8.57% -
footnotes
Land 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.
4. FNMA stands for the Federal National Mortgage Association. Obligations
issued by FNMA debentures are "lawful investments and may be accepted as security
for fiduciaries, trusts, and public funds."
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