HomeMy WebLinkAboutItem 4.3 Treasurer's Report 08-31-1991 (2) CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: September 9, 1991
SUBJECT :City Treasurer's Investment Report as of
August 31, 1991
EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by
Phillip S. Molina.
RECOMMENDATION 7mccept the Treasurer's Investment Report.
Attached is the Investment detail list as of August 31, 1991. The report shows
that the City's investment portfolio totals $15,867,311.26. This is a decrease
of $446,668.74 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 August 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.
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COPIES TO: CITY CLERK
ITEM N0. 0 + FILE O
City of Dublin
City Treasurer's Investment Report
August 31 , 1991
interest
Institution Type of Amount rate of maturity
Investment invested investment date
State Treasurer LAIF $10 ,000 , 000 . 00 7 . 080 0 0 0 1
1st Credit BAnk c-d $100, 000 . 00 6 . 600 9 18 91 2
County S. Bank c-d $100 ,000 . 00 8 . 350 9 18 91 3
Western Federal S&L c-d $100 ,000 .00 6 . 600 9 19 91 4
Commerce Savings Bnk c-d $99 ,000 .00 8 . 350 9 19 91 5
Community T&L(FDIC) c-d $99 ,000 . 00 6. 800 9 20 91 6
Fireside Thrift c-d $99 ,000 . 00 8 . 300 9 20 91 7
Commercial Bank of SFc-d $99 , 000. 00 6 . 650 9 21 91 8
Pacific Inland c-d $99 ,000 .00 6 . 400 9 23 91 9
Long Beach S&L c-d $99 , 000 . 00 6 . 450 9 23 91 10
Century Fed S&L c-d $99 , 000 . 00 6 .500 9 23 91 11
ITT Federal Bank c-d $99 , 000. 00 6 . 650 9 25 91 12
First Bank Beverly Hic-d $95 ,000 . 00 6 . 500 10 2 91 13
Gold River S&L c-d $99 ,000 .00 6 . 850 10 7 91 14
1st Republic Thrift c-d $100 ,000 . 00 6 . 250 10 8 91 15
San Fran. S&L c-d $99 ,000 . 00 6 . 250 10 8 91 16
1st Rep Thrift San D c-d $99 ,000 . 00 6 . 250 10 8 91 17
Topa Thrifts & Loan c-d $99 , 000 . 00 8 . 350 10 9 91 18
Executive S&L c-d $99 ,000 . 00 8 . 300 10 10 91 19
Great Pacific S&L c-d $99 , 000 . 00 8 . 375 10 11 91 20
Great Pacific S&L Cltr c-d $200 ,000 . 00 8 . 375 10 12 91 21
Stockton S&L c-d $100 ,000 . 00 6 . 725 10 15 91 22
Security Pacific Statc-d $99 ,000. 00 6 . 250 10 15 91 23
Stockton S&L coil c-d $300, 000. 00 6 .775 10 15 91 24
Western Financial S&Lc-d $100 ,000.00 8 .500 10 15 91 25
Girard S. BAnk c-d $99 ,000 . 00 8 . 300 10 17 91 26
Allied Savings c-d $99 ,000 . 00 8 . 250 10 18 91 27
Paramount S. Bank c-d $100 , 000 . 00 6 . 400 10 21 91 28
Beverly Hills FSB c-d $99 , 000 . 00 8 . 200 10 23 91 29
Continental Savings c-d $99 ,000 . 00 8 . 250 10 23 91 30
Hawthorne S&L c-d $100 ,000 . 00 6 . 300 10 28 91 31
Glendale Fed Bank c-d $99 , 000 . 00 6 . 550 10 28 91 32
American Internatnl Bc-d $100 , 000 . 00 6 . 250 11 20 91 33
Standard Pacific c-d $99 , 000 . 00 6 . 350 11 25 91 34
Sequoia Nation Bank c-d $100 ,000 .00 6 . 500 12 24 91 35
Guardian S&L c-d $99 , 000 . 00 7 . 750 1 29 92 36
Plaza S&LA c-d $99 ,000 . 00 * 6 . 500 2 18 92 37
Countrywide T&L fdic c-d $100 ,000 . 00 7 . 300 2 28 92 38
First Fed Bank c-d $99 ,000 . 00 6 . 850 3 19 92 39
Bank of Calif FNMAY( 4) $500 , 000 . 00 8 . 000 4 10 96 40
Bank of Calif.FNMAY Debent. ( 4) $500 ,000 . 00 8 . 000 4 10 96 41
City Natn'l BK FNMAY Debent. (4) $300 ,000. 00 8 . 000 4 10 96 42
Bank of Ca(FHLB Debentures) $496 , 311. 26 * 7 .700 8 26 96 43
CURRENT AMT INVESTED $15,867, 311 . 26
PRIOR PERIOD INVESTED $16 , 314 ,000 .00
increase(decrease) ($446,688 .74)
weighted average yield next month 7 . 192%
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 . 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 (1/26/90)
6 . * = current transactions, but does not show terminated accounts.