HomeMy WebLinkAboutItem 4.02 Treasurer's Report 09-30-1990 z
CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: October 8, 1990
SUBJECT :City Treasurer's Investment Report as of
September 30, 1990
EXHIBITS ATTA . D:City Treasurer's Investment Report prepared by
hill S. Molina.
RECOMMENDATION :Accept the Treasurer's Investment Report.
Attached is the Investment detail list as of September 30, 1990. The report
shows that the City's investment portfolio totals $15,968,878.47. This
represents a decrease of $635,000 in amounts invested when 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 on a monthly rolling average. The rate identified for
that investment was effective for the quarter on September 27, 1990. 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.
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COPIES TO:
ITEM N0. ♦ �
4,
City of Dublin
City Treasurer's Investment Report
September 30, 1990
Institution Type of Amount rate of maturity
Investment invested investment date
State Treasurer LAIF S9,465,000.00 * 8.419 0 0 0 1
County S. Bank c-d S100,000.00 8.625 9 18 90 2
Topa Thrifts & Loan c-d S99,000.00 8.400 10 9 90 3
Executive S&L c-d S99,000.00 8.750 10 10 90 4
Great Pacific S&L c-d 599,000.00 8.750 10 11 90 5
Great Pacific S&L C7tr c-d 5200,000.00 8.755 10 12 90 6
Girard S. BAnk c-d 599,000.00 8.700 10 17 90 7
Allied Savings c-d 599,000.00 8.755 10 18 90 8
FNMA(Bank of Ca7 )(4) debenture 597,878.47 8.600 11 12 90 9
San Clemente S&L c-d 599,000.00 8.500 1 11 91 10
Southern California Sc-d 595,000.00 8.450 1 22 91 lI
Guardian S&L c-d 599,000.00 9.550 1 29 91 12
New American S&L c-d S99,000.00 8.450 2 12 91 13
Countrywide T&L fdic c-d 5100,000.00 8.650 2 28 91 14
Home Federal of S.D. c-d $100,000.00 8.450 3 20 91 15
S.F. Federal S&L c-d 5100,000.00 8.600 3 20 91 16
Western Federal S&L c-d 5100,000.00 8.500 3 23 91 17
Far West S&L c-d S98,000.00 8.600 3 26 91 18
Great Western Bank c-d 5100,000.00 8.600 3 26 91 19
ITT Federal Bank c-d 599,000.00 8.450 3 29 91 : 20
Community T&L(FDIC) c-d $99,000.00 8.550 3 30 91 21
First S&L c-d $95,000.00 8.500 4 6 91 22
Gold River S&L c-d 599,000.00 8.500 4 6 91 23
Tracy S&L c-d 5100,000.00 8.550 4 6 91 24
Unity S&L c-d 599,000.00 8.550 4 6 91 25
FNMA(Bank of Ca7 )(4) debentures 5300,000.00 8.000 4 10 91 26
First Republic Thriftc-d S100,000.00 8.500 4 11 91 27
Stockton S&L c-d 5100,000.00 8.425 4 18 91 28
Security Pacific Statc-d S99,000.00 8.450 4 18 91 29
Internaltional S.B,nk c-d 599,000.00 8.550 4 20 91 30
Paramount S. Bank c-d 5100,000.00 8.450 4 23 91 31
Santa Barbara S&L(5) c-d $98,000.00 8.425 4 24 91 32
Vista Savings Bark c-d S99,000.00 8.500 4 24 91 33
Heart S&L c-d 5100,000.00 8.450 4 29 91 34
Hawthorne S&L c-d 5100,000.00 8.500 4 29 91 35
American Internatnl Bc-d 5100,000.00 8.500 5 22 91 36
Bank of Livermore cltr c-d $300,000.00 10.250 5 26 91 37
Standard Pacific c-d 599,000.00 8.500 5 28 91 38
Rancho Bernardo S&L c-d 599,000.00 8.750 5 31 91 39
Del Amo S&7 c-d S100,000.00 8.500 6 14 91 40
Sequoia Nation Bank c-d 5100,000.00 8.500 6 27 91 41
Fidelity FS & LA c-d 5100,000.00 8.450 6 28 91 42
Foothill T&L (FDIC) c-d SI00,000.00 8.400 6 28 91 43
Republic FS & LA c-d 5100,000.00 8.700 6 29 91 44
Palomar Savings c-d 599,000.00 8.500 7 16 91 45
Valley Federal S&L(5)c-d 599,000.00 8.750 7 24 91 46
Pacific First Bank c-d 599,000.00 8.500 7 25 91 47
Conerstone Bank c-d 599,000.00 8.300 7 26 91 48
Bank of Pleasanton c-d 5100,000.00 8.450 7 31 91 49
Torrance S&L c-d 599,000.00 8.400 8 6 91 50
Plaza S&LA c-d 599,000.00 8.450 8 21 91 51
U.S.Community S Bank c-d 599,000.00 8.250 8 21 91 52
Summitt S&LA c-d $99,000.00 8.400 8 21 91 53
American Commerce Banc-d 599,000.00 8.350 8 22 91 54
Fission Viejo N.B. c-d 599,000.00 8.300 8 22 91 55
Downey S&L c-d 599,000.00 8.250 8 22 91 56
Calif Fed S&L Co77r c-d 5250,000.00 8.300 8 22 91 57
Commerce Savings Bnk c-d 599,000.00 * 8.350 9 19 91 58
Fireside Thrift c-d 599,000.00 * 8.300 9 20 91 59
Western Financial S&Lc-d 5100,000.00 8.500 10 15 91 60
CURRENT AmT INVESTED 515,968,878.47
PRIOR PERIOD INVESTED S16,603,878.47
increase(decrease) (S635,000-00) 8.483%
weighted average yield next month
footnotes
]-and 3. United States Treasury Securities are fully guaranteed
by the U.S. Government.
2. The Federal Nome 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. "
5. Have been asked by the Federal Government to stop lending and
investing activities to improve equity position (1126190)
6. * = current transactions, but does not show terminated accounts.