HomeMy WebLinkAbout4.06 Treasurer's Report 03-31-1989 M1
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CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: April 10, 1989
SUBJECT :City Treasurer' s, Investment Report as of
March 31, 1989
EXHIBITS ATTACHED:City Treasurer ' s Investment Report prepared by
Phillip S. Molina.
RECOMMENDATION \" :Accept the Treasurer ' s Investment Report. •
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-Attached is the Investment detail list as of March 31 , 1989. The
report shows that the City' s investment portfolio totals
$15,767,.878 . 47 . This 'represents an increase of $1 , 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 March 31, 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
March 31, 1989
Institution Type of Amount rate of maturity
Invstmnt
State Treasurer LAIF $6,222,000.00 8.776 0 0 0 1
Stockton S&L c-d $100,000.00 7.750 4 18 89 2
Santa Barbara S&L c-d $98,000.00 7.600 4 21 89 3
Bank of Livermore cltr c-d $400,000.00 8.000 4 28 89 4
Columbia S&L c-d $99,000.00 8.260 5 22 89 5
Bank of Livermore .cltr c-d $300,000.00 8.000 5 26 89 6
Bank of Calif(1) U.S. Tree $200,000.00 8.000 5 31 89 7
Del Amo S&1 c--d $100,000.00 8.000 6 16 89 8
Century FS & LA c-d $99,000.00 7.950 6 30 89 9
Fidelity FS & LA c-d $100,000.00 7.950 6 30 89 10
Republic FS & LA c-d $100,000.00 8.000 6 30 89 11
Saratoga Savings c-d $100,000.00 8.000 6 30 89 12
Palomar Savings c-d $99,000.00 8.000 7 14 89 13
First Federal S Bank c-d $100,000.00 8.250 7 24 89 14
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Westside S&L c-d $100,000.00 8.250 7 31 89 15
Imperial Savings SD cltr c-d $1,500,000.00 8.400 8 18 89 16
Bel Air S&L c-d $99,000.00 7.000 8 29 89 17
Interna.ltional S.Bnk c-d $99,000.00 7.950 8 31 89 18
First Network S Bank c-d $100,000.00 9.000 9 8 89 15
Torrence Savings & L c-d $95,000.00 9.000 9 8 89 20
County S. Bank c-d $100,000.00 8.750 9 16 89 21
Household Bank c-d $98,000.00 5.650 9 16 89 22
Brentwood Square S&L c-d $100,000..00 8.600 9 19 89. 23
Stockdale S&L c-d $99,000.00 8.750 9 19 89 24
Long Beach S&L c-d $100,000.00 8.750 9 22 89 25
Sterling S&L c-d $99,000.00 8.750 9 27 89 26
Continental S&L c-d $99,000.00 8.700 9 29 89 27
Great Pacific S&L c-d $99,000.00 8.750 .10 11 89 28
Newport Balboa S&L c-d $99,000.00 8.600 ' 10 11 89 29
Pacific Coast S&L c-d $99,000.00 8.950 10 12 89 30
Western Fin S&L c-d _ 4100,000.00 8.700 10 14 89 31
Executive S&L c-d $99,000.00 8.875 10 17 89 32
Girard S. BAnk c-d $99,000.00 8.950 10 17 89 33
Westport Savings Bankc-d $99,000.00 8.750 10 .23 89 34
Irvine City S&L c-d $99,000.00 8.625 10 25 89 35
Cornerstone S & L c-d $100,000.00 8.800 10 27 89 36
Security Fed S&L c-d $100,000.00 8.800 10 27 89 37
First S&L c-d $95,000.00 8.900 11 10 89 38
Gibraltor S & L c-d $100,000.00 8.900 11 28 89 39
La Cumbre S. BAnk c-d $99,000.00 8.875 12 27 89 40
American Interstate Sc-d $99,000.00 9.500 12 29 89 41
Associates Fed S&L c-d $99,000.00 9.400 12 29 89 ` 42
San Clemente S&L c--d $99,000.00 9.250 12 29 89 43
San Francisco Fed c-d $:100,000.00 9.150 1 10 90 44
La Jolla Savings Bankc--d $99,000.00 9.200 1 20 90 45
11S Community S. Bank c-d $99,000.00 9.250 1 20 90 46
Empire of America c-d $100,000.00 9.800 1 22 90 47
Highland Fed S&L c-d $99,000.00 9.250 1 22 90 48
Peninsula S&L c-d $100,000.00 9.250 1 22 90 49
Century City S&L c-d $99,000.00 9.260 1 23 90 50
Mother Lode S&L c-d $100,000.00 9.250 1 23 90 51
Southern California Sc-d $95,000.00 9.150 1 23 90 52
First National Bank oc-d $99,000.00 9.150 1 27 90 53
Guardian S&L c-d $99,000.00 9.550 1 29 90 54 •
Shermon Oaks S. Bk. c-d $99,000.00 9.500 2 5 90 55
Foothill Thrift& Loanc-d $100,000.00 9.800 2 28 90 56
Home Federal of S.D. c-d $100,000.00 10.200 3 20 90 57
Southwest S&L c-d $100,000.00 10.125 3 20 90 58
Standard Pacific S&L c-d $99,000.00 10.125 3 20 90 59
Far West S&L c-d $98,000.00 10.200 3 23 90 60
Western Federal S&L c-d $100,000.00 8.000 3 23 90 . 61
Great Western Bank c-d $100,000.00 10.500 3 26 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
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FNMA(Bank of Cal)(4) debenture - $300,000:00 8.000--- 4--1-0 91 - 73
CURRENT AMT INVESTED $15,767,878.47
PRIOR PERIOD INVESTED $15,766,878.47
increase(decrease) $1,000.00
weighted average yield next month 8.67%
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.
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."