The URL can be used to link to this page

Home My WebLink About4.02 Treasurer's Report 02-26-1988 _».�2 �_�� ^�w CITY OF DUBLIN { AGENDA �-TATEMENT MEETING DATE: MARCH 14, 19B8 SUBJECT : City Treasurer ' s Investment Report as of February 26, 1988 EXHIBITS ATTACHED: City Treasurer ' s Investment Repor RECOMMENDATION : Accept the Treasurer ' s Investment Report . ' Attached is the Investment detail list as of February 26, 1988. The report shows that the City' s investment portfolio totals $17, 516, 999. 00, This represents a decrease of $1 , 000. 00 compared to the City' s investments of last month. Note that the rate of interest on investments in the LocaI Agency Investment Fund (LAIF) is calculated daily. The rate identified for that investment was effective for February 26, 1988. 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. - ' ` - ^. 061�0' ~ - `` { City of Dublin City Treasurer ' s Investment Report February 26, 1988 Type of rate of Institution Invstmnt Amount interest maturity State Treasurer LAIF $9, 961 , 000. 00 8. 050 0 0 0 1 Delta Savings Bank c-d $100, 000. 00 7. 000 3 18 88 2 Malaga S&L c-d $99, 000. 00 6. 875 3 18 88 3 Peninsula S&L c-d $100, 000. 00 7. 000 3 18 88 4 Southwest S&L c-d $100, 000. 00 6. 800 3 18 88 5 Standard Pacific S&L c-d $99, 000. 00 6. 875 3 18 88 6 Western Empire S&L c-d $99, 000. 00 7. 000 3 18 88 7 Pacific Coast S&L c-d $99, 000. 00 -- 6. 875 3 21 89 8 Far West S&L c-d $100, 000. 00 6. 850 3 22 88 9 Brookside S&L c-d $99, 000.00 7. 125 3 29 88 10 Westco S. Bank c-d $100, 000. 00 7. 125 3 29 88 11 Wilshire S&L c-d $100, 000. 00 7. 000 4 1 88 12 Great Pacific S&L c-d $997000. 00 8. 125 4 11 88 13 Newport Balboa S&L c-d $100, 000. 00 6. 950 4 12 88 14 First Fed S&L c-d $99, 999. 00 6. 850 4 14 88 15 Irvine City S&L c-d $99, 000. 00 6. 875 4 18 88 16 Los Padres S&L c-d $100, 000. 00 7. 375 4 18 88 17 New American S&L c-d $99, 000. 00 6. 875 4 18 BB 18 Stockton S&L c-d $100, 000. 00 7. 000 4 18 88 19 United Calif. S. Bank c-d $100, 000. 00 6. 900 4 18 88 20 Pacific S. Bank c-d $100, 000. 00 7. 250 4 21 88 21 Paramount S. Bank c-d $100, 000. 00 7. 125 4 21 88 22 Del Amo S&L c-d $100, 000. 00 7. 125 4 22 88 23 Guardian S&L c-d $99, 000. 00 7. 000 4 25 88 24 Hamilton S. Bank c-d $10 , 000. 00 7. 300 4 26 88 25 Bank of Livermore cltr c-d $400, 000. 00 7. 000 4 28 88 26 Investment S&L c-d $99, 000. 00 ' 8. 000 5 15 88 27 Columbia S&L c-d $99, 000. 00 8. 260 5 22 88 28 Palomar Savings c-d $100, 000. 00 8. 000 7 14 88 29 First Federal S Bank c-d $100, 000. 00 7. 400 7 21 88 30 Westside S&L c-d $100, 000. 00 8. 000 7 29 88 31 First Network S Bank c-d $100, 000. 00 8. 000 9 8 88 32 Torrence Savings & L c-d $95, 000. 00 7. 850 9 8 88 33 County S. Bank c-d $100, 000. 00 8. 125 9 16 88 34 Household Bank c-d $98, 000. 00 8. 100 9 16 88 35 Carver S&L c-d $100, 000. 00 7. 875 9 17 88 36 Brentwood Square S&L c-d $100, 000. 00 7. 750 9 19 88 37 Flagship Fed S&L c-d $99, 000. 00 8. 300 9 23 88 38 Long Beach S&L c-d $100, 000. 00 8. 125 9 23 8B 39 Sterling S&L c-d $99, 000. 00 8. 125 9 27 88 40 Continental S&L c-d $99, 000. 00 8. 250 9 29 88 41 Executive S&L c-d $99, 000. 00 8. 500 10 14 88 42 Girard S. BAnk c-d $99, 000. 00 8. 750 10 14 83 43 Western Fin S&L c-d $100, 000. 00 8. 375 10 14 88 44 Hawthorne S&L c-d $100, 000. 00 8. 600 10 21 88 45 Security Fed S&L c-d $100, 000. 00 9. 000 10 27 88 46 Cornerstone S & L c-d $100, 000. 00 8. 250 10 27 88 47 " ' First S&L c-d $95, 000. 00 8. 500 11 10 88 48 6ibraltor S & L c-d $100, 000. 00 8. 400 11 29 88 49 La Cumbre S. BAnk c-d $997000. 00 8. 250 12 27 88 50 San Clemente S&L c-d $99, 000. 00 8. 375 12 29 88 51 American Interstate Sc-d $99, 000. 00 8. 500 12 29 88 52 Imperial Savings Assoc-d $99, 000. 00 8. 375 12 29 88 53 Capital Federal S&L c-d $100, 000. 00 8. 100 1 10 89 54 Financial S&L c-d $99, 000. 00 8. 150 1 20 89 55 Highland Fed S&L c-d $99' 000. 00 8. 250 1 20 89 56 Pr'ovident Fed S&L c-d $100, 000. 00 8. 150 1 20 89 57 US Community S. Bank c-d $99, 000. 00 8. 125 1 20 89 58 La Jolla Savings Bankc-d $99, 000. 00 8. 250 1 20 89 59 Empire of America c-d $100, 000. 00 8' 350 1 20 89 60 Century City S&L c-d $100, 000. 00 8. 500 1 23 89 61 Southern California Sc-d $95, 000. 00 -- 8. 100 1 23 89 62 Shermon Oaks S. Bk. c-d $997000. 00 8. 000 2 3 89 63 Bank of Livermore cltr c-d $300, 000.00 8' 000 5 26 89 64 Central Bank ( 1 ) U. S. Trea $200, 000. 00 8. 000 5 31 89 65 Bel Air S&L c-d $99, 000. 00 7. 000 8 29 89 66 Internaltional S. Bnk c-d $99, 000. 00 7. 950 8 31 89 67 Central Bank (2) FHLB Note $200, 000. 00 8. 030 7 25 90 68 Central Bank (3) U. S. Trea $200, 000. 00 8. 190 8 15 90 69 CURRENT AMT INVESTED $17, 516, 999.00 PRIOR PERIOD INVESTED increase(decrease) ($1 , 000. 00) footnotes _ 1 ' and 3' United States Treasury Securities are fully guaranteed by the U4S. 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 .