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HomeMy WebLinkAbout4.02 Treasurer's Report 04-30-1989 CITY Of DUBLIN AGENDA STATEMENT MEETING DATE: May 8 , 1989 • SUBJECT :City Treasurer' s Investment Report as of April 30, 1989 EXHIBITS ATTACHED:City Treasurer' s Investment Report prepared by Phillip S. Molina. " L ` RECOMMENDATION :Accept the Treasurer' s Investment Report. Attached is the Investment detail list as of April 30, 1989 . The report shows that the City' s investment portfolio totals $16, 262, 878 . 47 . This represents an increase of $495, 000. 00 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 April 30 , 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. • • • r • v City of Dublin City Treasurer' s Investment Report April 30, 1989 Institution Type of Amount rate of maturity Invstmnt State Treasurer LAIF $6, 222,000 . 00 8.961 0 0 0 1 - Columbia S&L c-d $99, 000 . 00 _ 8.260 5 22 89 2 Bank of Livermore cltr c-d • $300,000. 00 8. 000 5 26 89 3 Bank of Calif ( 1 ) U.S. Trea $200, 000 . 00 8 . 000 5 31 89 4 Del Amo S&1 c-d $100,000. 00 8. 000 6 16 89 5 Century FS & LA c-d $99,000. 00 7 . 950 6 30 89 6 Fidelity FS & LA c-d $100, 000 . 00 7 .950 6 30 89 7 Republic FS & LA c-d $100, 000. 00 8. 000 6 30 89 8 Saratoga Savings c-d $100, 000 . 00 8 . 000 6 30 89 9 Palomar Savings c-d $99,!000 . 00 8. 000 7 14 89 10 First Federal S Bank c-d $100,000 . 00 8 . 250 7 24 89 11 Westside S&L c-d $100, 000 . 00 8.250 7 31 , 89 12 Imperial Savings SD cltr c-d $1,500, 000 . 00 8.400 8 18 89 13 Bel Air S&L c-d $99 , 000 . 00 7 . 000 8 29 89 14 Internaltional S.Bnk c-d $99, 000 . 00 7 . 950 8 31 89 15 First Network S Bank c-d $100,000 . 00 9 . 000 9 8 89 16 . Torrence Savings & L c-d $95,000 . 00 9.000 9 8 89 17 County S. Bank c-d $100,000 . 00 8.750 9 16 89 18 Household Bank c-d $98,000 . 00 8. 650 9 16 89 19 _ Br.-entwood_ .S_guare,.S&L- c-d - -. _. . .$100 , 000 . 00 - 8 . 600_ - - - 9- 19 -89 - - 20- Stockdale S&L c-d - $99, 000. 00 8.750 9 19 89 21 Long Beach S&L c-d $100,000 . 00 8.750 9 22 89 22 Sterling S&L c-d $99, 000 . 00 8 .750 9 27 89 23 Continental S&L c-d $99 ,000. 00 8.700 9 29 89 24 Great Pacific S&L c-d $99,000. 00 8.750 10 11 89 25 Newport Balboa S&L c-d $99 ,000 . 00 8. 600 10 11 ` 89 26 Pacific Coast S&L c-d $99,000. 00 8. 950 10 12 89 27 Western Fin S&L c-d $100,000 . 00 8.700 10 14 89 28 Executive S&L c-d $99, 000 . 00 8 . 875 10 17 89 29 Girard S. BAnk c-d $99,000 . 00 8. 950 10 17 89 30 Westport Savings Bankc-d $99 ,000. 00 8 .750 10 23 89 31 Irvine City S&L c-d $99, 000 . 00 8.625 10 25 89 32 Cornerstone S & L c-d $100,000 . 00 8. 800 10 27 89 33 Security Fed S&L c-d $100, 000 . 00 8. 800 10 27 89 34 First S&L c-d $95 ,000. 00 8 . 900 11 10 89 35 Gibraltor S & L c-d $100, 000. 00 8. 900 11 28 89 36 La Cumbre S. BAnk c-d $99, 000. 00 8 . 875 12 27 89 37 American Interstate Sc-d $99 , 000 . 00 9.500 12 29 89 38 Associates Fed S&L c-d $99, 000 . 00 9 . 400 12 29 89 39 San Clemente S&L c-d $99, 000 . 0.0 9 . 250 12 29 89 40 San Francisco Fed c-d $100, 000 . 00 9 . 150 1 10 90 41 La Jolla Savings Bankc-d $99, 000. 00 9 . 200 1 20 90 42 US Community S. Bank c-d $99 ,000 . 00 9. 250 1 20 90 43 Empire of America c-d $100 ,000 . 00 9.800 1 22 90 44 --Eighland Fed S&L '---d.-d-- ----- ---- $99.;0.0:0..,0,0,,...9 . 250. -1 '22 90 - 45- Peninsula S&L c-d $100,000 . 00 9 . 250 1 22 90 46 Century City S&L c-d $99 , 000 . 00 9 . 260 1 23 90 47 1 y ,,4 . \"-- li Mother Lode S&L c-d $100, 000 . 00 9. 250 1 23 90 48 Southern California Sc-d $95,000. 00 9.150 1 23 90 49 • First. National Bank oc-d $99 , 000 . 00 9 .150 1 27 90 50 Guardian S&L c-d $99 ;000. 00 9 . 550 1 29 90 51 Sherman Oaks S. Bk. c-d $99,000. 00 9 . 500 2 5 90 52 Foothill Thrift& Loanc-d $100, 000. 00 9. 800 2 28 90 53 Home Federal of S.D. c-d $100, 000 .00 10 . 200 3 20 90 54 Southwest S&L c-d $100 ,000 . 00 10.125 3 20 90 55 Standard Pacific S&L c-d $99 , 000 . 00 10. 125 3 20 90 56 Far West S&L c-d $98, 000. 00 10 . 200 3 23 90 57 Western Federal S&L c-d $100, 000 . 00 8 . 000 3 23 90 58 Great Western Bank - c-d $100,000. 00 10. 500 3 26 90 59 Brookside S&L c-d $99, 000. 00 8. 250 3 29 90 60 Unity S&L c-d $99 ,000 . 00 10.000 4 6 90 61 • Tracy S&L c-d $100, 000. 00 10 . 500 4 6 90 62 Gold River S&L c-d • $99, 000. 00 10. 250 4 6 90 63 First Republic Thriftc-d $100, 000 .00 10.400 4 11 90 64 United Calif .S. Bank c-d $100, 000. 00 8. 000 4 14 90 65 Stockton S&L c-d $100, 000. 00 10. 250 4 18 90 . 66 Charter Savings Bnk c-d • $99 ,000. 00 8 . 0.00 4 .18 90 67 First Fed S&L c-d $100 , 000. 00 8. 000 4 18 90 68 New American S&L c-d $99,000. 00 8. 000 4 18 90 69 Santa Barbara S&L c-d $98 , 000. 00 10 . 300 4 22 90 70 Vista Savings Bank c-d $99, 000. 00 10 . 250 . 4 23 90 71 Paramount S. Bank c-d $100,000. 00 8:000 4 23 90 72 Hamilton S&L c-d $100 , 000 . 00 10 . 000 . 4 27 90 73 Heart S&L .. . .. .. . - -_---..._.�-d . - $100 ,000. 00 10. 150 4 27-90 -- ,-. Financial S&L c-d $99,000 . 00 10. 120 4 27 90 74 Golden Coin S&L c-d $99 , 000.00 10. 000 4 27 90 75 Imperial Savings Assoc-d $99 , 000. 00 9 .500 . 6 27 90 76 Bank of California( 2)FHLB Note $200 , 000 . 00 8 . 030 7 25 90 77 Bank of California( 3 )U.S. Trea $200, 000 . 00 8 . 190 8 15 90 78 FNMA(Bank of Cal) ( 4) debenture $97 , 878. 47 8. 600 11 12 90 79 FNMA(Bank of Cal) ( 4) debenture $300, 000 . 00 8 .000 4 10 91 80 CURRENT AMT INVESTED $16 ,262 , 878 . 47 PRIOR PERIOD INVESTED $15 ,767 , 878 . 47 increase(decrease) $495 , 000 . 00 weighted average yield next month 8. 87% footnotes l . 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 secu for fiduciaries, trusts , and public funds. 2