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HomeMy WebLinkAbout4.03 Treasurer's Report 01-31-1989 CITY OF DUBLIN AGENDA STATEMENT MEETING DATE: February 13,1989 SUBJECT. :City Treasurer's Investment'Report as of January 31, 1989 EXHIBITS ATTA HED: City Treasurer' s Investment Report RECOMMENDATIO :Accept the Treasurer's Investment Report. Attached is the Investment detail list as of January 31, 1988. The report shows that the City' s investment portfolio totals $15,667,878. 47. This . represents an increase of $101,000 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 Januaery 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. k I No* City .of Dublin City Treasurer's Investment Report - January 31,1989 Institution Type of Amount rate of maturity Invstmnt State Treasurer LAIF $6,222,000 . 00 8. 690 0 0 0 1 Shermon Oaks S. Bk. c-d $99,000. 00 8.000 2 3 89 2 Malaga S&L c-d $99,000.00 7. 625 3 20 89 3 Southwest S&L c-d $100,000. 00 7.750 3 20 89 4 Standard Pacific S&L c-d $99,000. 00 7.500 3 20 89 5 Far West S&L c-d $98,000. 00 7.700 3 23 89 6 Stockton S&L c-d $100,000. 00 7.750 4 18 89 7 Santa Barbara S&L c-d $98,000. 00 7.600 4 21 89 8 Bank of Livermore cltr c-d $400,000. 00 8. 000 4 28 89 9 Columbia S&L c-d $99,000. 00 8.260 5 22 89 10 Bank of Livermore cltr c-d $300,000 . 00 8.000 5 26 89 11 Central Bank( 1) U.S. Trea $200,000 . 00 8. 000 5 31 89 12 Del Amo S&l c-d $100,000 . 00 8.000 6 16 89 13 Century FS & LA c-d $99,000 .00 7. 950 6 30 89 14 Saratoga Savings c-d $100, 000. 00 8. 000 6 30 89 15 Fidelity FS & LA c-d $100,000 . 00 7.950 6 30 89 16 Republic FS & LA c-d $100,000 . 00 8.000 6 30 89 17 Palomar Savings c-d $99,000. 00 8. 000 7 14 89 18 First Federal S Bank c-d $100,000. 00 8. 250 7 24 89 19 Westside S&L c-d $100,000 . 00 8. 250 7 31 89 20 Imperial Savings SD cltr c-d $1, 500,000. 00 8 . 400 8 18 89 21 Bel Air S&L c-d $99,000 . 00 7.000 8 29 89 22 Internaltional S .Bnk c-d $99-,000. 00 7. 950 8 31 89 23 First Network S Bank c-d $100, 000. 00 9. 000 9 8 89 24 Torrence Savings & L c-d $95,000. 00 9.000 9 8 89 25 County S. Bank c-d $100,000 . 00 8.750 9 16 89 26 Household Bank c-d $98,000. 00 8. 650 9 16 89 27 Stockdale S&L c-d $99,000. 00 8.750 9 19 89 28 Brentwood Square S&L c-d $100,000 . 00 8. 600 9 19 89 29 Long Beach S&L c-d $100,000 . 00 8.750 9 2289 30 Sterling S&L c-d $99,000 . 00 8.750 9 27 89 31 Continental S&L c-d $99,000. 00 8.700 9 29 89 32 Great Pacific S&L c-d $99,000. 00 8.750 10 11 89 33 Newport Balboa S&L c-d $99,000. 00 8. 600 10 11 89 34 Pacific Coast S&L c-d $99, 000. 00 8.950 10 12 89 35 Western Fin S&L c-d $100,000. 00 8.700 10 14 89 36 Executive S&L c-d $99,000 . 00 8. 875 10 17 89 37 Girard S. BAnk c-d $99,000 . 00 8.950 10 17 89 38 Westport Savings Bankc-d $99,000 . 00 8.750 10 23 89 39 Irvine City S&L c-d $99,000 . 00 8 . 625 10 25 89 40 Security Fed S&L c-d $100,000 . 00 8 . 800 10 27 89 41 Cornerstone S & L c-d $100,000 . 00 8.800 10 27 89 42 First S&L c-d $95,000 . 00 8 . 900 11 10 89 43 Gibraltor S & L c-d $100,000 . 00 8 . 900 11 28 89 44 _ La Cumbre S. BAnk' c-d .$99,000. 00 8. 875 12 27 89 45 San Clemente S&L c-d $99,000. 00 9. 250 12 29 89 46 American Interstate Sc-d $99, 000. 00 9. 500 12 29 89 47 1 Associates Fed S&L c-d $,99,000.00 9.400 12 29 89 48 San Francisco Fed c=d $100,000.00 9. 150 1 10 90 49 US Community S. Bank c-d $99,000. 00 9.250 1 20 90 50 La Jolla Savings Bankc-d $99,000. 00 9.200 1 20 90 51 Highland Fed S&L c-d $99,000. 00 9. 250 1 22 90 52 Empire of America c-d $100,000. 00 9. 250 1 22 90 53 Peninsula S&L c-d $100,000. 00 9. 250 1 22 90 54 Century City S&L c-d $99,000.00 9.260 1 23 90 55 Southern California Sc-d $95,000. 00 9.150 1 23 90 56 Mother Lode S&L c-d $100,000. 00 9.250 1 23 90 57 First National Bank oc-d $99,000. 00 9. 150 1 27 90 58 Guardian S&L c-d $100,000. 00 9. 550 1 29 90 59 Western Federal S&L c-d $100,000. 00 8.000 3 23 90 60 New West Federal S&L c-d $100,000. 00 7.850 3 27 90 61 Brookside S&L c-d $99,000. 00 8 .250 3 29 90 62 United Calif.S. Bank c-d $100,000. 00 8 . 000 4 14 90 63 First Fed S&L c-d $100,000. 00 8. 000 4 18 90 64 New American S&L c-d $99,000.00 8.000 4 18 90 65 Charter Savings Bnk c-d $99,000. 00 8. 000 4 18 90 66 Paramount S. Bank c-d $100,000 . 00 8.000 4 23 90 67 Imperial Savings Assoc-d $99,000. 00 9.500 6 27 90 68 Bank of California( 2)FHLB Note $200,000 . 00 8. 030 7 25 90 69 Bank of California( 3 )U.S. Trea $200,000 . 00 8 .190 8 15 90 70 FNMA(Bank of Cal) ( 4) debenture $97,878. 47 8. 600 11 12 90 71 FNMA(Bank of Cal) ( 4) debenture $300,000 . 00 8. 000 4 10 91 72 CURRENT AMT INVESTED $15, 667, 878. 47 PRIOR PERIOD INVESTED $15 ,566 ,878 . 47 increase(decrease) $101,000. 00 weighted average yield next month 8. 540 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. Obligati issued by FNMA debentures are "lawful investments and may be accepted a for fiduciaries, trusts, and public funds. " 2 City. of Dublin City Treasurer' s Investment Report January 31, 1989 Institution Type of Amount rate of maturity Invstmnt American Interstate Sc-d $99,000. 00 9 . 500 12 29 89 1 Associates Fed S&L c-d $99 ,000 . 00 9 . 400 12 29 89 2 Bank of California( 2)FHLB Note • $200 ,000. 00 8. 030 7 25 90 3 Bank of California( 3 )U.S. Trea $200,000.00 8. 190 8 15 90 4 Bank of Livermore cltr c-d $400,000. 00 8 .000 4 28 89 5 Bank of Livermore cltr c-d $300,000.00 8. 000 5 26 89 6 Bel Air S&L c-d $99,000 .00 7 . 000 8 29 89 7 Brentwood Square S&L c-d $100, 000. 00 8 . 600 9 19 89 8 Brookside S&L c-d $99,000 . 00 8. 250 3 29 90 9 Central Bank( 1) U.S. Trea $200,000 .00 8 . 000 5 31 89 10 Century City S&L c-d $99 ,Ob0 . 00 9 . 260 1 23 90 11 Century FS & LA c-d $99,000. 00 7. 950 6 30 89 12 Charter Savings Bnk c-d $99, 000 . 00 8 . 000 4 18 90 13 Columbia S&L c-d $99 ,000. 00 8. 260 5 22 89 14 Continental S&L c-d $99 ,000. 00 8 .700 9 29 89 15 Cornerstone S & L c-d $100, 000 : 00 8 . 800 10 27 89 16 County S. Bank c-d $100,000. 00 8 .750 9 16 89 17 Del Arno S&l c-d $100,000. 00 8 . 000 6 16 89 18 Empire of America c-d $100,000 . 00 9 . 250 1 22 90 19 Executive S&L c-d $99 , 000 . 00 8 . 875 10 17 89 20 Far West S&L c-d $98, 000 . 00 7 . 700 3 23 89 21 Fidelity FS & LA c-d $100,000 . 00 7 . 950 6 30 89 22 First Fed S&L * c-d $10.0 , 000 . 00 8 . 000 4 18 90 23 First Federal S Bank c-d $100, 000 . 00 8. 250 7 24 89 24 First National Bank oc-d $99,000. 00 8 . 150 1 27 90 25 First Network S Bank c-d $100, 000. 00 9. 000 9 8 89 26 First S&L c-d $95, 000 . 00 8 . 900 11 10 89 27 FNMA(Bank of Cal) ( 4 ) debenture $97 ,878 . 47 8 . 600 11 12 90 28 FNMA(Bank of Cal) ( 4 ) debenture $300.,000. 00 8. 000 4 10 91 29 Gibraltor S & L c-d $100, 000 . 00 8 . 900 11 28 89 30 Girard S. BAnk c-d $99, 000 . 00 8 . 950 10 17 89 31 Great Pacific S&L c-d $99 ,000 . 00 8 .750 10 11 89 32 Guardian S&L c-d $100,000 . 00 9. 550 1 29 90 33 Highland Fed S&L c-d $99,000 . 00 9. 250 1 22 90 34 Household Bank c-d $98 ,000. 00 8. 650 9 16 89 35 Imperial Savings Assoc-d $99,000. 00 9 . 500 6 27 90 36 Imperial Savings SD cltr c-d $1, 500, 000 . 00 8. 400 8 18 89 37 Internaltional S .Bnk c-d $99,000. 00 7 . 950 8 31 89 38 Irvine City S&L c-d $99,000 . 00 8. 625 10 25 89 39 La Cumbre S. BAnk c-d $99, 000. 00 8. 875 12 27 89 40 La Jolla Savings Bankc-d $99,000 . 00 9 . 200 1 20 90 41 Long Beach S&L c-d $100, 000 . 00 8 .750 9 22 89 42 Malaga S&L c-d $99,000. 00 7 . 625 3 20 89 43 Mother Lode S&L c-d $100, 000 . 00 9. 250 1 23 90 44 New American S&L c-d $99,000 .00 8 . 000 4 18 90 45 New West Federal S&L c-d $100,000. 00 7 . 850 3 27 90 46 Newport Balboa S&L c-d $99, 000 . 00 8 . 600 10 11 89 47 1 Pacific Coast S&L c-d $99,000. 00 8.950 10 12 89 48 Palomar Savings c-d $99,000.00 8.000- 7 14 89 49 Paramount S. Bank c-d $100,000. 00 8.000 4 23 90 50 Peninsula S&L c-d $100,000. 00 9. 250 1 22 90 51 Republic FS & LA c-d $100,000 . 00 8. 000 6 30 89 52 San Clemente S&L c-d $99, 000. 00 9.250 12 29 89 53 San Francisco Fed c-d $100,000.00 9.150 1 10 90 54 Santa Barbara S&L c-d $98,000 . 00 7.600 4 21 89 55 Saratoga Savings c-d $100, 000. 00 8.000 6 30 89 56 Security Fed S&L c-d $100,000.00 8.800 10 27 89 57 Shermon Oaks S. Bk. c-d $99,000.00 8. 000 2 3 89 58 Southern California Sc-d $95,000 . 00 9.150 1 23 90 59 Southwest S&L c=d $100,000. 00 7 .750 3 20 89 60 Standard Pacific S&L c-d $99,000. 00 7.500 3 20 89 61 State Treasurer LAIF $6,222,000. 00 8. 690 0 0 0 1 Sterling S&L c-d $99 ,000. 00 8.750 9 27 89 2 Stockdale S&L c-d $99,000 . 00 8.750 9 19 89 3 Stockton S&L c-d $100, 000.00 7.750 4 18 89 4 Torrence Savings & L c-d $95,000. 00 9.000 9 8 89 5 United Calif.S. Bank c-d $100,000. 00 8. 000 4 14 90 6 US Community S. Bank c-d $99,000 . 00 9.250 1 20 90 7 Western Federal S&L c-d $100,000. 00 8.000 3 23 90 8 Western Fin S&L c-d $100 ,000. 00 8.700 10 14 89 9 Westport Savings Bankc-d $99,000. 00 8.750 10 23 89 10 Westside S&L c-d $100,000 . 00 8.250 7 31 89 11 CURRENT AMT INVESTED $15,667,878. 47 PRIOR PERIOD INVESTED $15 ,566 , 878 . 47 increase(decrease) $101, 000 . 00 weighted average yield next month 8. 530 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. Obligati issued by FNMA debentures are "lawful investments and may be accepted a for fiduciaries; trusts, and public funds. " 2