HomeMy WebLinkAboutItem 4.06 Treasurer's Report 01-31-1990 (2) CITY OF DUBLIN
AGENDA STATEMENT.
MEETING DATE: February 12, 1990
SUBJECT :City Treasurer's Investment Report as of
January 31, 1990
EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by
P illip S. Molina.
RECOMMENDATION \ :Accept the Treasurer's Investment Report.
Attached is the Investment detail list as of January 31, 1990.
The report shows that the City's investment portfolio totals
$15,813 ,878.47. This represents an increase of $204,000 in
amounts invested when compared to the City's investments of last
month. The Treasurer also chose to make strategic moves, which
included moving some investments from savings and loans to LAIF.
The reason for the moves was that the roll-over rates offered by
some of the savings and loans were less than the LAIF monthly
average rate by a difference of more than 15 basis points.
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 January 31, 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.
COPIES TO:
ITEM NO.
a
, ', , 1 z City -- Dublin
° �, - City .Treasurer's Investment Report
" �T January 31;1990
.-
1
f :� 5 � Institution Type of Amount rate of maturity
f
z a i Investment invested investment date
xi r 3,` '4 State Treasurer LAIF $7,854,000.00 8.541 0 0 0 1
a ; Shermon Oaks S. Bk. c-d $99,000.00 9.500 2 5 90 3
Foothill Thrift& Loanc-d $100,000.00 9.800 2 28 90 4
?j ' �r , Home Federal of S.D. c-d $100,000.00 10.200 3 20 90 5
r Arm , a Southwest S&L c-d $100,000.00 10.125 3 20 90 6
r .3 ,- - P� , ' ; Standard Pacific S&L c-d $99,000.00 10.125 3 20 90 7
�+ d
Fv L 3'' }%;z ,� `' 4 ' 4 4� Far West S&L c-d $98,000.00 10.200 3 23 90 8
r =a 1 Western Federal S&L c-d $100,000.00 8.000 3 23 90 9
�, Great Western Bank c-d $100,000.00 10.500 3 26 90 10
{ r',,N� t Brookside S&L c-d $99,000.00 8.250 3 29 90 11
,, y` ; First S&L c-d
is )' � 4 ft $95,000.00 8.650 4 6 90 12
r , Gold River S&L c-d $99,000.00 10.250 4 6 90 13
`� c ,x ? Tracy S&L c-d $100,000.00 10.500 4 6 90 14
`�` V1 t` Unity S&L c-d $99,000.00 10.000 4 6 90 15
� ,'t J� First Republic Thriftc-d $100,000.00 10.400 4 it 90 16
,.:.::: :, :, ,:47): 21'fl United Calif.S. Bank c-d $100,000.00 8.000 4 14 90 17
Charter Savings Bnk c-d $99,000.00 8.000 4 18 90 18
- 2 First Fed S&L c-d $100,000.00 8.000 4 18 90 19
- :; 1 ".i New American S&L c-d $99,000.00 8.000 4 18 90 20
f Stockton S&L c-d $100,000.00 10.250 4 18 90 21
ry Santa Barbara S&L c-d $98,000.00 10.300 4 22 90 22
e.,=-,:` .,..:-.-_::,,,1 Paramount S. Bank c-d $100,000.00 8.000 4 23 90 23
; Vista Savings Bank c-d $99,000.00 10.250 4 23 90 24
Internaltional S.Bnk c-d $99,000.00 8.800 4 27 90 25
j Financial S&L c-d $99,000.00 10.120 4 27 90 26
1 Golden Coin S&L c-d $9.9,000.00 10.000 4 27 90 27
Hawthorne S&L c-d $100,000.00 10.000 4 27 90 28
Heart S&L c-d $100,000.00 10.150 4 27 90 29
American Internatnl Bc-d $100,000.00 10.000 5 22 90 30
Bank of Livermore cltr c-d . $300,000.00 10.250 5 26 90 31
Rancho Bernardo S&L c-d $99,000.00 10.000 5 31 90 32
Columbus S&L c-d $100,000.00 9.800 6 1 90 33
• Del Amo S&1 c-d $100,000.00 9.625 6 16 90 34
San Clemente S&L c-d $99,000.00 8.500 6 27 90 35
Imperial Savings Assoc-d $99,000.00 9.500 6 27 90 36
Fidelity FS & LA c-d $100,000.00 9.400 6 29 90 37
Republic FS & LA c-d $100,000.00 9.650 6 29 90 38
Saratoga Savings c-d $100,000.00 9.500 6 29 90 39
.j Palomar Savings c-d $99,000.00 9.250 7 16 90 40
. Southern California Sc-d $95,000.00 8.350 7 24 90 41
Valley Federal S&L c-d $100,000.00 9.200 7 24 90 42
Bank of California(2)FHLB Notes $200,000.00 8.030 7 25 90 43
Bank of Pleasanton c-d $100,000.00 9.000 7 31 90 44
Torrance S&L c-d $99,000.00 8.400 8 3 90 45
Bank of California(3)U.S. Trea $200,000.00 8.190 8 15 90 46
ti California Federal S&cltr c-d $1,400,000.00 8.700 8 18 90 47
California Federal S&c-d $100,000.00 9.100 8 18 90 48
li First Network S Bank c-d $100,000.00 9.000 9 10 90 49
,.:..---;:;-.:4-:;,,„:.: .::::,....;,.,i.,,..::,:-::',-.: 1 County S. Bank c-d $100,000.00 8.625 9 18 90 50
Stockdale S&L c-d $99,000.00 8.650 9 19 90 51
Long Beach S&L c-d $100,000.00 8.750 9 21 90 52
r , ; Topa Thrifts & Loan c-d $99,000.00 8.400 10 9 90 53
Executive S&L c-d $99,000.00 8.750 10 10 90 54
Great Pacific S&L c-d $99,000.00 8.750 10 11 90 55
Great Pacific S&L Cltr c-d $200,000.00 8.755 10 12 90 56
Girard S. BAnk c-d $99,000.00 8.700 10 17 90 57
Allied Savings c-d $99,000.00 8.755 10 18 90 58
Westport Savings Bankc-d $99,000.00 8.750 10 23 90 59
FNMA(Bank of Cal) (4) debenture $97,878.47 8.600 11 12 90 60
Guardian S&L c-d $99,000.00 9.550 1 29 91 2
FNMA(Bank of Cal) (4) debentures $300,000.00 8.000 4 10 91 61
CURRENT AMT INVESTED. $15,813,878.47
PRIOR PERIOD INVESTED - $15,609,878.47 .
increase(decrease) $204,000.00
weighted average yield next month 8.819%
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. Obligations
issued by FNMA debentures are "lawful investments and may be accepted
as securities for fiduciaries, trusts, and public funds."