HomeMy WebLinkAbout4.2 Treasurer's Report 09-30-1989 CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: October 9, 1989
SUBJECT :City Treasurer's Investment Report as of
September 30, 1989
EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by
Phillip S. Molina.
NO(
RECOMMENDATION :Accept the Treasurer's Investment Report.
Attached is the Investment detail list as of September 30, 1989.
The report shows that the City's investment portfolio totals
$15,305,878.47. This represents a decrease of $858,000 in
amounts invested when compared to the City's investments of last
month. The main reason for this decrease was the cash
disbursements in favor of invoices for the Civic Center to
Dickman Norse, George Miers, Consolidated Labs, Communication
Sales Dynamics Inc. and Viacom Cablevision made. in September.
Note that the rate of interest on investments in the Local Agency
Investment Fund (LAIF) is calculated on a quarterly rolling
average. The rate identified for that investment was effective
for September 29, 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.
6).
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City of Dublin
City Treasurer's Investment Report
September 30, 1989
Institution Type of Amount rate of maturity
Investment invested investment date
State Treasurer LAIF $5,954,000.00 8.893 0 0 0 1
First Network S Bank c-d $100,000.00 9.000 9 10 90 2
County S. Bank c-d $100,000.00 8.625 9 18 90 3
Stockdale S&L c-d $99,000.00 8.650 9 19 90 4
Long Beach S&L c-d $100,000.00 8.750 9 21 90 5
Great Pacific S&L c-d $99,000.00 8.750 10 11 89 6
Newport Balboa S&L c-d $99,000.00 8.600 - 10 11 89 7
Pacific Coast S&L c-d $99,000.00 8.950 10 12 89 8
Western Fin S&L c-d $100,000.00 8.700 10 14 89 9
Executive S&L c-d $99,000.00 . 8.875, 10 17. 89 10
Girard S. BAnk c-d $99,000.00 8.950 10 17 89 11
Westport Savings Bankc-d $99,000.00 8.750 10 23 89 12
Irvine City S&L c-d $99,000.00 8.625 10 25 89 13
Cornerstone S & L c-d $100,000.00 8.800 1.0 27 89 14
Security Fed S&L c-d $100,000.00 8.800 10, 27 89 15
First S&L c-d $95,000.00 8.900 11 10 89 . 16
Gibraltor S & L c-d $100,000.00 8.900 11 28 89 17
La Cumbre S. BAnk c-d $99,000.00 8 .875 1227 89 18
American Interstate Sc-d $99,000.00 9.500 12 29 89 19
Associates Fed S&L c-d $99,000.00 9.400 12 29 89 20
San Clemente S&L c-d $99,000.00 9.250 12 29 89 21
San Francisco Fed c-d $100,000.00 9.150 1 1090 22
La Jolla Savings Bankc-d $99,000.00 9 . 200 1 20 90 23
US Community S. Bank c-d ' $99,000.00 . 9.250 1 20 90 24
Empire of America c-d $100,000.00 9.800 1 22 90 25
Highland Fed S&L c-d $99,000.00 9.250 1 22 90 26
Peninsula S&L c-d $100,000.00 9. 250 1 22 90 27
Century City S&L c-d $99,000.00 9.260 1 23 90 28
Mother Lode S&L c-d $100,000 .00 9.250 1 23 90 29
Southern California Sc-d $95,000.00 9.150 1 23 90 30
First National Bank oc-d $99,000.00 9.150 1 27 90 31
Guardian S&L c-d $99,000.00 9.550 1 29 90 32
Shermon Oaks S. Bk. c-d $99,000.00 9.500 2 5 90 . 33
Foothill Thrift& Loanc-d $100,000.00 9.800 2 28 90 34
Home Federal of S.D. c-d $100,000.00 10.200 3 20 90 35
Southwest S&L c-d $100,000.00 10.125 3 20 90 36
Standard Pacific S&L c-d $99,000.00 10.125 3 20 90 37
Far West S&L c-d $98,000.00 10.200 3 23 90 38
Western Federal S&L c-d $100,000.00 8.000 3 23 90 39
Great Western Bank c-d $100,000.00 10.500 3 26 90 . 40
Brookside S&L c-d $99,000.00 8. 250. 3 29 90 ' 41
Gold River S&L c-d $99,000.00 10.250 4 6 90 42
Tracy S&L c-d $100,000.00 10.500 4 6 90 43
Unity S&L c-d $99,000.00 10.000 4 6 90 , 44
First Republic Thriftc-d $100 ,000.00 10. 400 4 11 90 ' 45
United Calif.S. Bank c-d $100,000.00 8 .000 4 14 90 46
Charter Savings Bnk c-d $99,000.00 8.000 4 18 90 47
I
First Fed S&L c-d $100,000.00 8.000 4 18 90 48
New American S&L c-d $99,000.00 8.000 4 18 90 49
Stockton S&L c-d $100,000.00 10.250 4 18 90 50
Santa Barbara S&L c-d $98,000.00 10.300 4 22 90 51
Paramount S. Bank c-d $100,000.00 8.000 4 23 90 52
Vista Savings Bank c-d $99,000.00 10.250 4 23 90 53
Internaltional S.Bnk c-d $99,000.00 8.800 4 27 90 54
Financial S&L c-d $99,000.00 10.120 4 ,27 90 55
Golden Coin S&L c-d $99,000.00 10.000 4 27 90 56
Hawthorne S&L c-d $100,000.00 10.000 4 27 90 57
Heart S&L c-d $100,000.00 10.150 4 27 90 58
American Internatnl Bc-d $100,000.00 10.000 5 22 90 59
Bank of Livermore cltr c-d $300,000.00 10.250 5 26 90 60
Rancho Bernardo S&L c-d $99,000.00 10.000 5 31 90 61 .
Columbus S&L c-d $100,000.00 9.800 6 1 90 62
Del Amo S&1 c-d $100,000.00 9.625 6 16 90 63
Imperial Savings Assoc-d $99,000.00 9.500 6 27 90 64
Fidelity FS & LA c-d $100,000.00 . 9.400 6 29 90 65
Republic FS & LA c-d $100,000.00 9. 650 6 29 90 66
Saratoga Savings c-d $100,000.00 9.500 6 29 90 67
Palomar Savings c-d $99,000.00 9.250 7 16 90 68
Valley Federal S&L c-d $100,000.00 9.200 7 24 90 69
Bank of California(2)FHLB Notes $200,000.00 8.030 7 25 90 70
Bank of Pleasanton c-d $100,000.00 9.000 7 31 90 71
Bank of California(3)U.S. Trea $200,000.00 8.190 8 15 90 72
California Federal S&cltr c-d $1,400,000.00 8.700 8 18 90 . 73
California Federal S&c-d $100,000.00 9.100 8 18 90 74
FNMA(Bank of Cal) (4) debenture $97,878.47 8.600 11 12 90 75
FNMA(Bank of Cal) (4) debentures $300,000.00 8.000 4 10 91 76
CURRENT AMT INVESTED $15,305,878.47
PRIOR PERIOD INVESTED $16 .163 ,878.47
increase(decrease) ($858,000.00) .
weighted average yield next month 9.04418%
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 securities for fiduciaries, trusts, and public funds. "