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HomeMy WebLinkAbout4.4 Treasurer's Report 04-29-1988 CITY OF DUBLIN AGENDA STATEMENT MEETING DATE: May .9, 1988 SUBJECT : City Treasurer ' s Investment Report as of April a 9, 1988 1?"6 W EXHIBITS ATTACHED: City Treasurer ' s Investment Repor �1' l'� RECOMMENDATION : Accept the Treasurer ' s Investment Report . Attached is the Investment detail list as of April 29, 1988. The report shows that the City' s investment portfolio totals $18, 842, 486. 74. This represents an increase of $3, 767, 437. 74 compared to the City' s investments of last month. The primary reason for the increase is the investment of the 1988 COP construction fund equal to $3, 869, 436. 74 and an increase in ,the City' s investments of $398, 001 . 00. Note that the rate of interest on investments in the Local Agency Investment Fund (LAIF) is calculated daily. The rate identified for that investment was effective for April 29, 1988. The Fund pays interest can a quarterly basis. 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 fallowing month. • • City of Dublin City Treasurer's Investment Report April 29, 1986 Type of rate of Institution Invstmn t Nmoan t interest maturity State Treasurer LAIF $8, 122,000.00 7.930 0 0 0 1 Investment S&L c-d . $99,000.00 8.000 5 15.88 2 Columbia S&L c-d $99,000.00 ' 8.260' 5 22 88 3 • Universal Saving A. c-d $56,875.72 5.673 . 5 25 88 4 1988 cop First Calif Sa Bnk c-d • $99,304.83 5.323 5 25 88 5 1988 cop North American S&L c-d $99,286.31 5.466 5 25 88 6 1988-cop Killeen Savings & 1 c-d • $99,259.54 - 5.673 5 25 88 7 1988 cop e Continental Savings c-d $99,246.97 5.770 5 25 88 8 1988 cop Onley Savings & L c-d $99,240.14 5.822 5 25 88 9 1988 cop Farmers Savings & L c-d - $99,246.96 5.770. 5 25 88 - 10 1988 cop Security Savings & L c-d $97,257.72 ' 5.804- 5 25 88 11 1988 cop Federated Savings & Lc-d $99,262.02 5.653 5 25 88 . 12 1988 cop . Platte Valley Federalc-d $99,249. 11 - 5.753 5 28 88 13 .1988 cop . • Delta Savings Bank c-d • $100,000.00 7.000 6 16 88 14 Armed Forces Savings c-d $98,548.57 6.477 6 29 88 15 1988 cop Mission Savings. Assocc-d $98,603.72 6.227 6 29 88 16 1988 cop , Collective Federal S- c-d • $98,658.92 5.978 6 29 88 17 1988 cop . • Hallmark Savings Assoc-d $98,576. 14 - 6.352 6 29 88 18 1988 cop First Federal S Austic-d $98,563.93 6.407 6 29 88 19 1988 cop Briercroft Savings A c-d $98,607.93 6.208 6 29 88 20 1988 cop San Jacinto Savings c-d 0$98,649.42 6.021 6 29 88 21 1988 cop Bright Banc Savings c-d' $98,614.75 6.177 6 29 88 - 22 1988 cop Peninsula Savings & Lc-d $98,603.72 • 6.227 6 29 88 23 1988 cop M Bank Dallas , c• d $23,982.69 V 5.818 6 29 88 24 1988 cop Palomar Savings c-d' $100,000.00 ' 8.000- 7 14 88 25 First Federal S Bank c-d $100,000.00 . 7.400 7 21 88 26 Skyline Savings c-d $98,603.72 4.656 7 27 88 27 1988 cop _ Caprick S&L c-d, $98,012.30 6.669 7'27 88 28 1988 cop Valley Federal Savingc-d $98,026.89 6.619 7 27 88 29 1988 cop . First. State Financials-d $98,047. 17 -6.549. 7 27 88 ' 30-1988 cop • Westport Savings Bnk c-d $98,056.88 6.516 7 27 88 31 1988 cop First Deposit National-d $98,012.50 . 6.668 7 27 88 32 1988 cop First Deposit Savingsc-d $98,012.50 6.668 7 27 SS 33 1988 cop Bay City Federal c-d $98,085.27 6.419 7 27 88 34 1988 cop Fortune Financial c-d $98, 114.48' 6.319 7 27 88 35 1988 cop M Bank Dallas c-d $9,326.66 • 6.111 7 27 88 36 1988 cop Westside S&L c-d $100,000.00 8.000 7 29 88 37 Commonwealth S&L c-d $97,293.38 6:955 8 31 88 38 1958 cop Silverado Banking . c-d $97,208.41 7. 179 8 31 88 39 19S6 cop Capitol City S&L c-d $97,255.61 7.055 8 31 88 40 1988 cop V. United Savings Assoc c-d $97,369.04 6.755 .8 31 88 41 1988 cop M Bank Dallas, c-d • . $33,729.32 6.298 8 31. 88 42 1988 cop Bancplus Savings A c-d . $97,350. 12 - 6.805 8 31 88 43 1988 cop Columbia Savings c-d . $97,293.38 6.955 8 31 88 . 44 1988 cop First Network S Bank c-d $100,000.00 8.000 9 8 88 45' Torrence Savings & L c-d $95,000.00 7.650 9 8 88 46 County S. Bank c-d $100,000.00 8.125 9 16 88 47 , - • t • Household Bank c-d $98,000.00 8.100 9 16 88 48 Carver S&L c-d $100,000.00 7.875 9 17 88 49 Brentwood Square S&L c-d $100,000.00 7.750 9 19 88 50 Flagship Fed S&L c-d $55,000.00 8.300 9 23 88 51 Long Beach S&L c-d $100,000.00 8.125 9 23 88 52 Sterling S&L c-d $99,000.00 8.125 9 27 88 53 Continental S&L c-d $99,000.00 8.250 9 29 88 54 Great Pacific S&L c-d $99,000.00 ' 7.625 10 11 88 55 Newport Balboa S&L c-d $99,000.00 7.300 10 11 88 56 Pacific Coast S&L c-d $99,000.00 7.450 10 12 88 57 Executive S&L c-d $99,000.00 8.500 10 14 88 58 Girard S. BAnk c-d $99,000.00 8.750 10 14 88 59 Western Fin S&L c-d $100,000.00 8.375 10 14 88 60 Hawthorne S&L c-d $100,000.00 8.600 10 21 88 61 Irvine City S&L c-d $99,000.00 7.250 10 24 88 62 Security Fed S&L c-d $100,000.00 9.000 10 27 88 63 Cornerstone S & L c-d $100,000.00 8.250 10 27 88 64 . First S&L c-d $95,000.00 8.500 11 10 88 65 Gibraltar S & L c-d $100,000.00 8.400 11 29 88 66 La Cumbre S. BAnk c-d $99,000.00 8.250 12 27 88 67 San Clemente S&L c-d $99,000.00 8.375 12 29 88 63 American Interstate Sc-d $99,000.00 8.500 12 29 88 69 Imperial Savings Assoc-d $99,000.00 8.375 12 29 88 70 Capital Federal S&L c-d $100,000.00 8.100 1 10 89 71 Financial S&L c-d $99,000.00 8.150 1 20 89 72 Highland Fed S&L c-d $99,000.00 8.250 1 20 89 73 Provident Fed S&L c-d $100,000.00 8. 150 1 20 89 74 US Community S. Bank c-d $99,000.00 8.125 1 20 89 75 La Jolla Savings Bankc-d $99,000.00 8.250 1 20 89 76 Empire of America c-d $100,000.00 8.350 1 20 89 77 Century City S&L c-d $99,000.00 8.500 1 23 89 78 Southern California Sc-d $95,000.00 8.100 1 23 89 79 Shermon Oaks S. Bk. c-d $99,000.00 8.000 2 3 89 80 Malaga S&L c-d $99,000.00 7.625 3 20 89 81 Southwest S&L c-d $100,000.00 7.750 3 20 89 82 Standard Pacific S&L c-d $99,000.00 7.500 3 20 89 83 Far West S&L c-d $98,000.00 7.700 3 23 89 84 Stockton S&L c-d $100,000.00 7.750 4 18 89 85 Santa Barbara S&L c-d $98,000.00 7.600 4 21 89 86 Bank of Livermore cltr c-d $400,000.00 8.000 4 28 69 87 Bank of Livermore cltr c-d $300,000.00 8.000 5 26 89 88 Central Bank(1) U.S. Trea $200,000.00 8.000 5 31 S9 89 Bel Air S&L c-d $9,000.00 7.000 8 29 89 90 Internaltional S.Bnk c-d $9q x,000.00 7.950 8 31 89 91 Western Federal S&L c-d $100,000.00 8.000 3 23 90 9'2 American S&L c-d $100,000.00 7.850 3 27 90 93 Brookside S&L c-d $99,000.00 8.250 3 29 90 94 United Calif.S. Bank c-d $100,000.00 8.000 4 14 90 95 First Fed S&L c-d $100,000.00 8.000 4 18 90 96 New American S&L c-d $99,000.00 8.000 4 18 90 97 Charter Savings Bnk c-d $99,000.00 8.000 4 18 90 98 Paramount S. Bank c-d $100,000.00 8.000 4 23 90 o9 Central Bank(2) FHLB Note $200,000.00 6.030 7 25 90 100 Central Bank(3) U.S. Trea $200,000.00 8.190 8 15 90 101 • FNMA(Central Bank) (4)debenture $300,000.00 8.000- '4 10 91 102 CURRENT AMT INVESTED $18,842,436.74 ' PRIOR PERIOD INVESTED $15,074,999.00 • increase(decrease) $3,767,437.74 • 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 security - for fiduciary,trust,and public funds. " 5. 1988 COP Construction funds are the investments made by Rauscher Pierce Refsnes of the new money funds from the Refinancing of the 1985 COP. This money is invested based upon the contraction schedule defined by the project . manager. These investment are by the covenants in the refinancing documents yield restricted and cannot earn at a higher yield than the interest rate on the refinanced COPS. • • • • • • • • • • •