HomeMy WebLinkAbout4.09 Treasurer's Report 10-31-1989 i
CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: November 13 , 1989
SUBJECT :City Treasurer's Investment Report as of
October 31, 1989
EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by
Ph' llip S. Molina.
RECOMMENDATION \ :Accept the Treasurer's Investment Report.
Attached is the Investment detail list as of October 31, 1989.
The report shows that the City's investment portfolio totals
$15,007,878.47. This represents a decrease of $298 ,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 and others made in October.
Note that the rate of interest on investments in the Local Agency
Investment Fund (LAIF) is calculated on a monthly rolling
average. The rate identified for that investment was effective
for October 31, 1989. The Fund pays interest once a quarter. 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.
ITEM NO: 4, / COPIES TO :
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City of Dublin
City Treasurer's Investment Report
October 31, 1989
Institution Type of Amount rate of maturity
Investment invested investment date
State Treasurer LAIF $5,954 ,000.00 8.768 0 0 0 1
First S&L c-d $95,000.00 8.900 11 10 89 2
Gibraltor S & L c-d $100 ,000.00 8 .900 11 28 89 3
La Cumbre S. BAnk c-d $99 ,000 .00 8 .875 12 27 89 4
American Interstate Sc-d $99,000.00 9.500 12 29 89 5
Associates Fed S&L c-d $99,000.00 9 .400 12 29 89 6
San Clemente S&L c-d $99,000.00 9. 250 12 29 89 7
San Francisco Fed c-d $100,000.00 9 .150 1 10 90 8
La Jolla Savings Bankc-d $99 ,000 . 00 9.200 1 20 90 9
US Community S. Bank c-d $99,000.00 9 .250 1 20 90 10
Empire of America c-d $100,000.00 9 .800 1 22 90 11
Highland Fed S&L c-d $99 ,000.00 9. 250 1 22 90 12
Peninsula S&L c-d $100,000.00 9.250 1 22 90 13
Century City S&L c-d $99,000.00 9.260 1 23 90 14
Mother Lode S&L c-d $100 ,000 .00 9. 250 1 23 90 15
Southern California Sc-d $95,000. 00 9.150 1 23 90 16
First National Bank oc-d $99 , 000.00 9.150 1 27 90 17
Guardian S&L c-d $99 ,000.00 9.550 1 29 90 18
Shermon Oaks S. Bk. c-d $99,000.00 9.500 2 5 90 19
Foothill Thrift& Loanc-d $100,000.00 9. 800 2 28 90 20
Home Federal of S.D. c-d $100,000.00 10. 200 3 20 90 21
Southwest S&L c-d $100,000.00 10.125 3 20 90 22
Standard Pacific S&L c-d $99,000.00 10.125 3 20 90 23
Far West S&L c-d $98,000.00 10.200 3 23 90 24
Western Federal S&L c-d $100,000.00 8.000 3 23 90 25
Great Western Bank c-d $100 ,000.00 10.500 3 26 90 26
Brookside S&L c-d $99 ,000.00 8.250 3 29 90 27
Gold River S&L c-d $99 ,000.00 10 . 250 4 6 90 28
Tracy S&L c-d $100,000.00 10.500 4 6 90 29
Unity S&L c-d $99,000.00 10 .000 4 6 90 30
First Republic Thriftc-d $100,000 .00 10.400 4 11 90 31
United Calif.S. Bank c-d $100,000.00 8.000 4 14 90 32
Charter Savings Bnk c-d $99 ,000.00 8.000 4 18 90 33
First Fed S&L c-d $100,000 .00 8 .000 4 18 90 34
New American S&L c-d $99,000.00 8 .000 4 18 90 35
Stockton S&L c-d $100,000 .00 10. 250 4 18 90 36
Santa Barbara S&L c-d $98,000.00 10.300 4 22 90 37
Paramount S. Bank c-d $100,000.00 8 .000 4 23 90 38
Vista Savings Bank c-d $99,000.00 10. 250 4 23 90 39
Internaltional S.Bnk c-d $99,000.00 8 . 800 4 27 90 40
Financial S&L c-d $99,000.00 10.120 4 27 90 41
Golden Coin S&L c-d $99,000.00 10. 000 4 27 90 42
Hawthorne S&L c-d $100,000.00 10 .000 4 27 90 43
Heart S&L c-d $100,000.00 10.150 4 27 90 44
American Internatnl Bc-d $100, 000.00 10.000 5 22 90 45
Bank of Livermore cltr c-d $300 ,000.00 10.250 5 26 90 46
Rancho Bernardo S&L c-d $99,000 .00 10 . 000 5 31 90 47
e
Columbus S&L c-d $100,000.00 9. 800 6 1 90 48
Del Amo S&1 c-d $100,000.00 9.625 6 16 90 49
Imperial Savings Assoc-d $99,000.00 9.500 6 27 90 50
Fidelity FS & LA c-d $100,000.00 9.400 6 29 90 51
Republic FS & LA c-d $100 ,000.00 9. 650 6 29 90 52
Saratoga Savings c-d $100,000.00 9 .500 6 29 90 53
Palomar Savings c-d $99,000.00 9. 250 7 16 90 54
Valley Federal S&L c-d $100,000.00 9.200 7 24 90 55
Bank of California(2)FHLB Notes $200,000.00 8.030 7 25 90 56
Bank of Pleasanton c-d $100,000.00 9.000 7 31 90 57
Bank of California(3)U.S. Trea $200,000.00 8. 190 8 15 90 58
California Federal S&cltr c-d $1,400,000.00 8.700 8 18 90 59
California Federal S&c-d $100 ,000.00 9. 100 8 18 90 60
First Network S Bank c-d $100 ,000.00 9.000 9 10 90 61
County S. Bank c-d $100,000.00 8.625 9 18 90 62
Stockdale S&L c-d $99 ,000.00 8.650 9 19 90 63
Long Beach S&L c-d $100,000.00 8 .750 9 21 90 64
Executive S&L c-d $99,000.00 8.750 10 10 90 65
Great Pacific S&L c-d $99,000.00 8 .750 10 11 90 66
Great Pacific S&L Cltr c-d $200,000.00 8.755 10 12 90 67
Girard S. BAnk c-d $99 ,000.00 8.700 10 17 90 68
Allied Savings c-d $99,000.00 8.755 10 18 90 69
Westport Savings Bankc-d $99,000.00 8.750 10 23 90 70
FNMA(Bank of Cal) (4) debenture $97,878.47 8 .600 11 12 90 71
FNMA(Bank Of Cal) (4) debentures $300,000.00 8.000 4 10 91 72
CURRENT AMT INVESTED $15,007,878.47
PRIOR .PERIOD INVESTED $15 .305,878 .47
increase(decrease) ($298,000.00)
weighted average yield next month 9.04781%
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."