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Home My WebLink About4.2 Treasurer's Report 05-31-1991 CITY OF DUBLIN AGENDA STATEMENT MEETING DATE: June 10,1991 SUBJECT :City Treasurer's Investment Report as of May 31, 1991 EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by . i�ip S. Molina. RECOMMENDATION\ :Accept the Treasurer's Investment Report. Attached is the Investment detail list as of May 31, 1991 . The report shows that the City's investment portfolio totals $17,305,000. This is an increase of $101,000 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 May 31, 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. ---------------------------------------------------------------------- ITE M NO. 4# 2 COPIES TO: � z 20 -30 i. City of Dublin City Treasurer's Investment Report April 30 , 1991 interest Institution Type of Amount rate of maturity Investment invested investment date State Treasurer LAIF $10 ,000 , 000 . 00 7 . 516 0 0 0 1 Del Amo S&l c-d $100 ,000 .00 8 . 500 6 14 91 2 Sequoia Nation Bank c-d $100 , 000 . 00 8 . 500 6 27 91 3 Fidelity FS & LA c-d $100 , 000 .00 8 .450 6 28 91 4 Foothill T&L (FDIC) c-d $100 , 000 . 00 8 . 400 6 28 91 5 Republic FS & LA c-d $100 , 000 .00 8 . 700 6 29 91 6 Palomar Savings c-d $99 , 000. 00 8 . 500 7 16 91 7 Southern California Sc-d $95 , 000 .00 7. 500 7 23 91 8 Valley Federal S&L(5)c-d $99 , 000 . 00 8 .750 7 24 91 9 Pacific First Bank c-d $99 , 000 .00 8 . 500 7 25 91 10 Conerstone Bank c-d $99 , 000. 00 8 . 300 7 26 91 11 Bank of Pleasanton c-d $100 , 000 .00 8 . 450 7 31 91 12 Torrance S&L c-d $99 , 000 . 00 8 . 400 8 6 91 13 Bank of Beverly Hillsc-d $99 , 000 .00 7 . 100 8 19 91 14 Plaza S&LA c-d $99 ,000 . 00 8. 450 6 21 91 15 U.S .Community S Bank c-d $99 , 000 .00 8 .250 8 21 91 16 Summitt S&LA c-d $99 ,000 . 00 8 .400 8 21 91 17 American Commerce Banc-d $99 ,000 . 00 8 . 350 8 22 91 18 Mission Viejo N.B. c-d $99 , 000. 00 8. 300 8 22 91 19 Downey S&L c-d $99 ,000.00 8 . 250 8 22 91 20 Calif Fed S&L Collr c-d $250 , 000. 00 8 . 300 8 22 91 21 1st Credit BAnk c-d $100 ,000 . 00 6 . 600 9 18 91 22 County S. Bank c-d $100 ,000 .00 8 . 350 9 18 91 23 Western Federal S&L c-d $100 ,000 .00 6 . 600 9 19 91 24 Commerce Savings Bnk c-d $99 , 000 . 00 8. 350 9 19 91 25 Community T&L(FDIC) c-d $99 ,000 . 00 6 . 800 9 20 91 26 Fireside Thrift c-d $99 , 000 . 00 8. 300 9 20 91 27 Commercial Bank of SFc-d $99 , 000 . 00 6 . 650 9 21 91 28 Pacific Inland c-d $99 , 000 . 00 6 . 400 9 23 91 29 Long Beach S&L c-d $99 , 000 .00 6 . 450 9 23 91 30 Century Fed S&L c-d $99 , 000 . 00 6.500 9 23 91 31 ITT Federal Bank c-d $99 , 000 .00 6 . 650 9 25 91 32 First Bank Beverly Hic-d $95 , 000 . 00 6 . 500 10 2 91 33 Gold River S&L c-d $99, 000 .00 6 . 850 10 7 91 34 1st Republic Thrift c-d $100 ,000. 00 6 . 250 10 8 91 35 San Fran. S&L c-d $99 , 000 .00 6 . 250 10 8 91 36 1st Rep Thrift San D c-d $99, 000 . 00 6 . 250 10 8 91 37 Topa Thrifts & Loan c-d $99 , 000 . 00 8 . 350 10 9 91 38 Executive S&L c-d $99 , 000 . 00 8 . 300 10 10 91 39 Great Pacific S&L c-d $99 , 000 . 00 8 . 375 10 11 91 40 Great Pacific S&L Cltr c-d $200 , 000 . 00 8 . 375 10 12 91 41 Stockton S&L c-d $100 , 000 .00 6 .725 10 15 91 42 Security Pacific Statc-d $99 , 000 .00 6. 250 10 15 91 43 Stockton S&L coil c-d $300 , 000 .00 6 . 775 10 15 91 44 Western Financial S&Lc-d $100 ,000. 00 8 .500 10 15 91 45 Girard S . BAnk c-d $99 ,000 .00 8 . 300 10 17 91 46 Allied Savings c-d $99 , 000.00 8. 250 10 18 91 47 Paramount S. Bank c-d $100 ,000 .00 6 .400 10 21 91 48 Beverly Hills FSB c-d $99 , 000.00 8. 200 10 23 91 49 Continental Savings c-d $99 ,000 .00 8 . 250 10 23 91 50 Hawthorne S&L c-d $100 , 000. 00 6 . 300 10 28 91 51 Glendale Fed Bank c-d $99 ,000 .00 6 .550 10 28 91 52 American Internatnl Bc-d $100 , 000 . 00 * 6 . 250 11 20 91 53 Standard Pacific c-d $99 ,000 .00 * 6 . 350 11 25 91 54 Guardian S&L c-d $99 , 000. 00 7 .750 1 29 92 55 Countrywide T&L fdic c-d $100 ,000 .00 7 . 300 2 28 92 56 First Fed Bank c-d $99 , 000. 00 6. 850 3 19 92 57 Bank of Calif FNMAY(4) $500 ,000 .00 * 8 .000 4 10 96 58 Bank of Calif .FNMAY Debent. ( 4) $500 ,000. 00 8 . 000 4 10 96 59 City Natn'l BK FNMAY Debent. (4) $300 ,000 .00 8 .000 4 10 96 60 CURRENT AMT INVESTED $17 , 305 ,000. 00 PRIOR PERIOD INVESTED $17 , 204 , 000 - 00 increase(decrease) $101 , 000. 00 weighted average yield next month 7 . 576% 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.