Loading...
HomeMy WebLinkAbout4.6 Treasurer's Report 12-28-1990 tdtIVID JAN 9 1991 CITY, OF, OUB.L IN SaO--3 v CITY OF DUBLIN AGENDA STATEMENT MEETING DATE: January 14, 1991 SUBJECT :City Treasurer's Investment Report as of December 28, 1990 EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by Phillip S. Molina. 0l,C-,\ RECOMMENDATj-qN� Accept the Treasurer's Investment Report. Attached is the Investment detail list as of December 28, 1990. The report shows that the City's investment portfolio totals $16,604,000. This represents an increase of $535,000 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 ending December 28, 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. oz -1350 City of Dublin City Treasurer's Investment Report December 28, 1990 Institution Type of Amount rate of maturity Investment invested investment date State Treasurer LAIF $10,000,000.00 * 8.287 0 0 0 . 1 San Clemente S&L c-d $99,000.00 8.500 1 11 91 2 Southern California Sc-d $95,000.00 8.450 1 22 91 3 Guardian S&L c-d $99,000.00 9.550 1 29 91 4 New American S&L c-d $99,000.00 8.450 2 12 91 5 Countrywide T&L fdic c-d $100,000.00 8.650 2 28 91 6 Home Federal of S.D. c-d $100,000.00 8.450 3 20 91 7 S.F. Federal S&L c-d $100,000.00 8.600 3 20 91 8 Western Federal S&L c-d $100,000.00 8.500 3 23 91 9 Far West S&L c-d $98,000.00 8.600 3 26 91 10 Great Western Bank c-d $100,000.00 8.600 3 26 91 11 ITT Federal Bank c-d $99,000.00 8.450 3 29 91 12 Community T&L(FDIC) c-d $99,000.00 8.550 3 30 91 13 First S&L c-d $95,000.00 8.500 4 6 91 14 Gold River S&L c-d $99,000.00 8.500 4 6 91 15 Tracy S&L c-d $100,000.00 8.550 4 6 91 16 Unity S&L c-d $99,000.00 . 8.550 4 6 91 17 FNMA(Bank of Cal )(4) debentures $300,000.00 8.000 4 10 91 18 First Republic Thriftc-d $100,000.00 8.500 4 11 91 19 Stockton S&L c-d $100,000.00 8.425 4 18 91 20 Security Pacific Statc-d $99,000.00 8.450 4 18 91 21 Internaltional S.Bnk c-d $99,000.00 8.550 4 20 91 22 Paramount S. Bank c-d $100,000.00 8.450 4 23 91 23 Santa Barbara S&L(5) c-d $98,000.00 8.425 4 24 91 24 Vista Savings Bank c-d $99,000.00 8.500 4 24 91 25 Heart S&L c-d $100,000.00 8.450 4 29 91 26 Hawthorne S&L c-d $100,000.00 8.500 4 29 91 27 American Internatnl Bc-d $100,000.00 8.500 5 22 91 28 Bank of Livermore cltr c-d $300,000.00 10.250 5 26 91 29 Standard Pacific c-d $99,000.00 8.500 5 28 91 30 Rancho Bernardo S&L c-d $99,000.00 8.750 5 31 91 31 Del Amo S&1 c-d $100,000.00 8.500 6 14 91 32 Sequoia Nation Bank c-d $100,000.00 8.500 6 27 91 33 Fidelity FS & LA c-d $100,000.00 8.450 6 28 91 34 Foothill T&L (FDIC) c-d $100,000.00 8.400 6 28 91 35 Republic FS & LA c-d $100,000.00 8.700 6 29 91 36 Palomar Savings c-d $99,000.00 8.500 7 16 91 37 Valley Federal S&L(5)c-d $99,000.00 8.750 7 24 91 38 Pacific First Bank c-d $99,000.00 8.500 7 25 91 39 Conerstone Bank c-d $99,000.00 8.300 7 26 91 40 Bank of Pleasanton c-d $100,000.00 8.450 7 31 91 41 Y Torrance S&L c-d $99,000.00 8.400 8 6 91 42 Plaza S&LA c-d $99,000.00 8.450 8 21 91 43 U.S.Community S Bank c-d $99,000.00 8.250 8 21 91 44 Summitt S&LA c-d $99,000.00 8.400 8 21 91 45 American Commerce Banc-d $99,000.00 8.350 8 22 91 46 Mission Viejo N.B. c-d $99,000.00 8.300 8 22 91 47 Downey S&L c-d $99,000.00 8.250 8 22 91 48 Calif Fed S&L Collr c-d $250,000.00 8.300 8 22 91 49 County S. Bank c-d $100,000.00 8.350 9 18 91 50 Commerce Savings Bnk c-d $99,000.00 8.350 9 19 91 51 Fireside Thrift c-d $99,000.00 8.300 9 20 91 52 Topa Thrifts & Loan c-d $99,000.00 8.350 10 9 91 53 Executive S&L c-d $99,000.00 8.300 10 10 91 54 Great Pacific S&L c-d $99,000.00 8.375 10 11 91 55 Great Pacific S&L Cltr c-d $200,000.00 8.375 10 12 91 56 Western Financial S&Lc-d $100,000.00 8.500 10 15 91 57 Girard S. BAnk c-d $99,000.00 8.300 10 17 91 58 Allied Savings c-d $99,000.00 8.250 10 18 91 59 Beverly Hills FSB c-d $99,000.00 8.200 10 23 91 60 Continental Savings c-d $99,000.00 8.250 10 23 91 61 CURRENT AMT INVESTED $16,604,000.00 PRIOR PERIOD INVESTED $16,069,000.00 increase(decrease) $535,000.00 weighted average yield next month 8.380% footnotes L 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. " 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.