The URL can be used to link to this page

Home My WebLink About4.2 Treasurer's Report 09-30-1987 CITY OF DUBLIN AGENDA STATEMENT _ _ .. MEETING DATE: OCTOBER 12, 1987 SUBJECT :City Treasurer 's Report for September EXHIBITS ATTACTED:City Treasurer 's Investment detail list RECOMMENDATION :Accept the Treasurer 's Report. Attached is the Investment detail list as of September 30, 1987 . The report shows that the City's investment portfolio totals $17, 228, 999 . 00 . This represents a decrease of $204, 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 September 30, 1987 . 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. 1 City of Dublin City Treasurer ' s Investment Report For September 30, 1987 Type of rate of Institution InUstmnt Amount interest maturity State Treasurer LAIF $9,661, 000.00 7.560 0 0 0 1 Great Pacific S&L c-d $99, 000.00 6.500 10 13 87 2 Executive S&L c-d $100, 000.00 6.875 10 15 87 3 Girard S. BAnk c-d $99, 000. 00 6. 750 ltd 15 87 4 Western Fin S&L c-d $100, 000.00 8.500 10 15 87 5 Hawthorne S&L c-d $100,000. 00 6.800 10 21 87 6 Capitol Fed S&L c-d $100,000.00 7.000 10 28 87 7 Security Fed S&L c-d $100,000.00 6.600 10 28 87 8 First S&L c-d $95, 000.00 6.870 11 12 87 9 Cal America S&L c-d $99,000.00 7.350 11 25 87 10 Fireside Thrift c-d $100, 000. 00 7.250 12 20 87 11 La Cumbre S. BAnk c-d $99, 0oo.00 7.000 12 28 87 12 First Republic T&L c-d $100, 000.00 7.000 12 30 87 13 Foothill T&L c-d $100, 000.00 7.250 12 30 87 14 First Ca. S. Bank c-d $100,000.00 7.250 1 8 88 15 Financial S&L c-d $99,000.00 6.850 1 21 88 16 Highland Fed S&L c-d $100, 000. 00 6.750 1 21 88 17 Point West BAnk c-d $100,000.00 6.500 1 21 88 18 Provident Fed S&L c-d $100,000.00 6.500 1 21 88 19 US Community S. Bank c-d $99,000.00 6. 750 1 21 88 20 Century City S&L c-d $100,000.00 7. 000 1 22 88 21 Commercial Center Bnkc-d $100, 000. 00 6.850 1 22 88 22 Malibu S&L c-d $100, 000. 00 6.750 1 22 88 23 Imperial Th r i f t Co c-d $100,000.00 7. 375 1 30 88 24 Delta Savings Bank c-d $100,000.00 7.000 3 18 88 25 Malaga S&L c-d $99,000.00 6.875 3 18 88 26 Peninsula S&L c-d $100, 000. 00 7.000 3 18 88 27 Southwest S&L c-d $100, 000.00 6.800 3 18 88 28 Standard Pacific S&L c-d $991000. 00 6. 875 3 18 88 29 Western Empire S&L -d $99,00().00 7.000 3 18 88 3t� Pacific Coast S&L c-d $99,000. 00 6. 875 3 21 88 31 Far West S&L c-d $100,000.00 6.850 3 22 88 32 Brookside S&L c-d $99, 000. 00 7. 125 3 29 88 33 Westco S. Bank c-d $100, 000.00 00.00 7. 125 3 29 88 34 Wilshire S&L c-d $100,000.00 7. 000 4 1 88 35 Newport Balboa S&L c-d $100, 000. 00 6.950 4 12 88 36 First Fed S84L c-d $99, 999. 00 6. 850 4 14 68 37 Irvine City S&L c-d $99, 000. 00 6.875 4 18 88 38 Los Padres S&L c-d $100, 000. 00 6. 875 4 18 88 39 New American S&L c-d $9'3, 0()().00 6. 875 4 18 88 40 Stockton S&L c-d $100, 000. 00 7. 000 4 18 88 41 United Calif. S. Bank c-d $100, 000.00 6. 900 4 18 88 42 Pacific S. Bank c-d $100,000. 00 7. 250 4 21 88 43 Paramount S. Bank c-d $100,000. 00 7. 125 4 21 88 44 Del Amo S&L c-d $100, 000.00 7. 125 4 22 88 45 Guardian S&L c-d $99, 000.00 7. 000 4 25 88 46 Hamilton S. Bank c-d $100,000. 00 7.300 4 26 88 47 ^ ' � ` ^ Bank of Livermore cltr c-d $400,000.00 7. 000 4 28 88 48 Investment S&L c-d $100,000. 00 7.500 5 15 88 49 Columbia S&L c-d $99, 000. 00 8.260 5 22 88 50 Palomar Savings c-d $100,000. 00 8.000 7 14 88 51 First Federal S&L c-d $100, 000.00 7.400 7 21 88 52 Westside S&L c-d $100, 000. 00 8. 000 7 29 88 53 Deauville Saving & L c-d $1001000. 00 8.000 9 8 Be 54 Torrence Savings & L c-d $95, 000. 00 7. 850 9 8 Be 55 County S. Bank c-d $100, 000. 00 8. 125 9 16 88 56 Household Bank c-d $98, 000. 00 8. 100 9 16 88 57 Carver S&L c-d $100, 000.00 7.875 9 17 Be 58 Brentwood Square S&L c-d $100, 000.00 7. 750 9 19 Be 59 Flagship Fed S&L c-d $99, 000. 00 8.300 9 23 88 60 Long Beach S&L c-d $100, 000. 00 8. 125 9 23 88 61 Sterling S&L c-d $99,000. 00 8. 125 9 27 88 62 Continental S&L c-d $99,000. 00 8.250 9 29 88 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, 228, 999.00 PRIOR PERIOD INVESTED ($204, 000.00) 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 .