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HomeMy WebLinkAboutItem 4.02 Treasurer's Report 04-30-1991 w r" CITY OF DUBLIN AGENDA STATEMENT MEETING DATE: May 13, 1991 SUBJECT :City Treasurer's Investment Report as of April 30, 1991 EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by Phillip S. Molina. RECOMMENDATION :Accept the Treasurer's Investment Report. �ANV Attached is. the Investment detail list as of April 30, 1991. The report shows that the City's investment portfolio totals $17,204,000. This is an increase of $502,000 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 moving quarter average ending April 30, 1991. 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#,Z COPIES T0:\1i& OZO--3a k City of Dublin City Treasurer's Investment Report April 30, 1991 Institution Type of Amount rate of maturity Investment invested investment date State Treasurer LAIF $10,000,000.00 7.654 0 0 0 1 American Internatnl Bc-d $100,000.00 8.500 5 22 91 2 Bank of Livermore - cltr c-d $300,000.00 10.250 5 26 91 3 Standard Pacific c-d $99,000.00 8.500 5 28 91 4 Rancho Bernardo S&L c-d $99,000.00 8.750 5 31 91 5 Del Amo S&1 c-d $100,000.00 8.500 6 14 91 6 Sequoia Nation Bank c-d $100,000.00 8.500 6 27 91 7 Fidelity FS & LA c-d $100,000.00 8.450 6 28 91 8 Foothill T&L (FDIC) c-d $100,000.00 8.400 6 28 91 9 Republic FS & LA c-d $100,000.00 8.700 6 29 91 10 Palomar Savings c-d $99,000.00 8.500 7 16 91 11 Southern California Sc-d $95,000.00 7.500 7 23 91 12 Valley Federal S&L(5)c-d $99,000.00 8.750 7 24 91 13 Pacific First Bank c-d $99,000.00 8.500 7 25 91 14 Conerstone Bank c-d $99,000.00 8.300 7 26 91 15 Bank of Pleasanton c-d $100,000.00 8.450 7 31 91 16 Torrance 5&L c-d $99,000.00 8.400 8 6 91 17 Bank of Beverly Hi11sc-d $99,000.00 7.100 8 19 91 18 Plaza S&LA c-d $99,000.00 8.450 8 21 91 19 U.S.Community S Bank c-d $99,000.00 8.250 8 21 91 20 Summitt S&LA c-d $99,000.00 8.400 8 21 91 21 American Commerce Banc-d $99,000.00 8.350 8 22 91 22 Mission Viejo N.B. c-d $99,000.00 8.300 8 22 91 23 Downey S&L c-d $99,000.00 8.250 8 22 91 24 Calif Fed S&L Collr c-d $250,000.00 8.300 8 22 91 25 1st Credit BAnk c-d $100,000.00 6.600 9 18 91 26 County S. Bank c-d $100,000.00 8.350 9 18 91 27 Western Federal S&L c-d $100,000.00 6.600 9 19 91 28 Commerce Savings Bnk c-d $99,000.00 8.350 9 19 91 29 Community T&L(FDIC) c-d $99,000.00 6.800 9 20 91 30 Fireside Thrift c-d $99,000.00 8.300 9 20 91 31 Commercial Bank of SFc-d $99,000.00 6.650 9 21 91 32 Pacific Inland c-d $99,000.00 6.400 9 23 91 33 Long Beach S&L c-d $99,000.00 6.450 9 23 91 34 Century Fed S&L c-d $99,000.00 6.500 9 23 91 35 ITT Federal Bank c-d $99,000.00 6.650 9 25 91 36 First Bank Beverly Hic-d $95,000.00 * 6.500 10 2 91 37 Gold River S&L c-d $99,000.00 * 6.850 10 7 91 38 1st Republic Thrift c-d $100,000.00 * 6.250 10 8 91 39 San Fran. S&L c-d $99,000.00 * 6.250 10 8 91 40 1st Rep Thrift San D c-d $99,000.00 * 6.250 10 8 91 41 J i To pa Thrifts & Loan c-d $99,000.00 8.350 10 9 91 42 Executive S&L c-d $99,000.00 8.300 10 10 91 43 Great Pacific S&L c-d $99,000.00 8.375 10 11 91 44 Great Pacific S&L Cltr c-d $200,000.00 8.375 10 12 91 45 Stockton S&L c-d $100,000.00 * 6.725 10 15 91 46 Security Pacific Statc-d $99,000.00 * 6.250 10 15 91 47 Stockton S&L co11 c-d $300,000.00 * 6.775 10 15 91 48 Western Financial S&Lc-d $100,000.00 8.500 10 15 91 49 Girard S. BAnk_ ._ c-d $99,000.00 8.300 10 17 91 50 Allied Savings c-d $99,000.00 8.250 10 18 91 51 Paramount S. Bank c-d $100,000.00 * 6.400 10 21 91 52 Beverly Hills FSB c-d $99,000.00 8.200 10 23 91 53 Continental Savings c-d $99,000.00 8.250 10 23 91 54 Hawthorne S&L c-d $100,000.00 * 6.300 10 28 91 55 Glendale Fed Bank c-d $99,000.00 * 6.550 10 28 91 56 Guardian S&L c-d $99,000.00 7.750 . 1 29 92 57 Countrywide T&L fdic c-d $100,000.00 7.300 2 28 92 58 First Fed Bank c-d $99,000.00 6.850 3 19 92 59 Bank of Calif.FNMAY Debent. (4) $500,000.00 * 8.000 4 10 96 60 City Natn'l BK FNMAY Debent. (4) $300,000.00 * 8.000 4 10 96 61 CURRENT AMT INVESTED $17,204,000.00 PRIOR PERIOD INVESTED $16,702,000.00 increase(decrease) $502,000.00 weighted average yield next month 7.723% footnotes ].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. FNMAY stands for the Federal National Mortgage Association. Obligations issued by FNMAY 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.