HomeMy WebLinkAbout4.09 Treasurer's Report 05-31-1990 1i
CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: June 11 ,1990
SUBJECT :City Treasurer's Investment Report as of
May 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 May 31 , 1990. The
report shows that the City's investment portfolio totals
$17,015,878 .47. This represents an increase of $99 ,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 May 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.
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City of Dublin
City Treasurer's Investment Report
May 31, 1990
Institution Type of Amount rate of maturity
Investment invested investment date
State Treasurer LAIF $9 , 354 ,000 .00 8 .450 0 0 0 1
Columbus S&L c-d $100 ,000.00 9 .800 6 1 90 2
Del Amo S&l c-d $100 ,000 .00 9 .625 6 16 90 3
San Clemente S&L c-d $99 ,000. 00 8.500 6 27 90 4
Imperial Savings ( 5) c-d $99 ,000.00 9.500 6 27 90 5
Fidelity FS & LA c-d $100 ,000.00 9.400 6 29 90 6
Republic FS & LA c-d $100 ,000 .00 9.650 6 29 90 7
Saratoga Savings c-d $100,000.00 9.500 6 29 90 8
Palomar Savings c-d $99 ,000 .00 9 . 250 7 16 90 9
Southern California Sc-d $95,000.00 8. 350 7 24 90 10
Valley Federal S&L( 5)c-d $100 ,000 .00 9. 200 7 24 90 11
Bank of California( 2)FHLB Notes $200 ,000. 00 8.030 7 25 90 12
Bank of Pleasanton c-d $100 ,000 .00 9.000 7 31 90 13
Torrance S&L c-d $99,000.00 8.400 8 3 90 14
Bank of California(3 )U.S. Trea $200 ,000 .00 8 .190 8 15 90 15
California Federal S&cltr c-d $1,400,000.00 8.700 8 18 90 16
California Federal S&c-d $100 ,000 .00 9.100 8 18 90 17
First Network S Bank c-d $100, 000. 00 9.000 9 10 90 18
County S. Bank c-d $100 ,000.00 8 .625 9 18 90 19
Stockdale S&L c-d $99,000.00 8.650 9 19 90 20
Long Beach S&L c-d $100 ,000 .00 8 .750 9 21 90 21
Topa Thrifts & Loan c-d $99 ,000. 00 8.400 10 9 90 22
Executive S&L c-d $99 ,000 .00 8 .750 10 10 90 23
Great Pacific S&L c-d $99 ,000. 00 8 .750 10 11 90 24
Great Pacific S&L Cltr c-d $200 ,000 .00 8 .755 10 12 90 25
Girard S. BAnk c-d $99,000.00 8.700 10 17 90 26
Allied Savings c-d $99 ,000 .00 8 .755 10 18 90 27
Westport Savings Bankc-d $99 , 000.00 8.750 10 23 90 28
FNMA(Bank of Cal) (4) debenture $97, 878 .47 8 .600 11 12 90 29
Guardian S&L c-d $99 ,000. 00 9.550 1 29 91 30
New American S&L c-d $99 ,000 .00 8 .450 2 12 91 31
Countrywide T&L fdic c-d $100 ,000.00 8.650 2 28 91 32
Home Federal of S.D. c-d $100 ,000 .00 8 .450 3 20 91 33
S.F. Federal S&L c-d $100,000.00 8 . 600 3 20 91 34
Western Federal S&L c-d $100 ,000.00 8 . 500 3 23 91 35
Far West S&L c-d $98 ,000. 00 8. 600 3 26 91 36
Great Western Bank c-d $100,000.00 8 .600 3 26 91 37
ITT Federal Bank c-d $99, 000.00 8. 450 3 29 91 38
Community T&L(FDIC) c-d $99 ,000.00 8 .550 3 30 91 39
First S&L c-d $95,000.00 8. 500 4 6 91 40
Gold River S&L c-d $99 ,000.00 8 .500 4 6 91 41
Tracy S&L c-d $100,000.00 8 .550 4 6 91 42
Unity S&L c-d $99,000.00 8.550 4 6 91 43
FNMA(Bank of Cal) (4) debentures $300,000.00 8.000 4 10 91 44
First Republic Thriftc-d $100 ,000.00 8.500 4 11 91 45
Stockton S&L c-d $100 ,000.00 8 .425 4 18 91 46
Security Pacific Statc-d $99,000.00 8.450 4 18 91 47
Internaltional S.Bnk c-d $99 ,000.00 8 .550 4 20 91 48
Paramount S. Bank c-d $100,000.00 8.450 4 23 91 49
Santa Barbara S&L(5) c-d $98 ,000.00 8 .425 4 24 91 50
Vista Savings Bank c-d $99,000.00 8.500 4 24 91 51
Heart S&L c-d $100 ,000 .00 10.150 4 29 91 52
Hawthorne S&L c-d $100,000. 00 8.500 4 29 91 53
American Internatnl Bc-d $100 ,000 .00 8 .500 5 22 91 54
Bank of Livermore cltr c-d $300 ,000.00 10. 250 5 26 91 55
Standard Pacific c-d $99 ,000.00 8 .500 5 28 91 56
Rancho Bernardo S&L c-d $99,000.00 8.750 5 31 91 57
Western Financial S&Lc-d $100 ,000.00 8.500 10 15 91 58
CURRENT AMT INVESTED $17,015, 878. 47
PRIOR PERIOD INVESTED $16,916 ,878 .47
increase(decrease) $99,000. 00
weighted average yield next month 8.588%
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 (1/26/90)