HomeMy WebLinkAbout4.2 Treasurer's Report 02-28-1990 -.,
•
CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: March 12, 1990
SUBJECT :City Treasurer's Investment Report as of
February 28 , 1990
EXHIBITS ATTACHED:City Treasurer's Investment Report prepared by
Phillip S. Molina.
RECOMMENDATIO :Accept the Treasurer's Investment Report.
Attached is the Investment detail list as of February 28 , 1990 .
The report shows that the City's investment portfolio totals
$15,714 ,878.47 . This represents a decrease 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 February 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 timethe deposit remains in the fund during any given
quarter period time ,
the
maturity schedule of the City's investments will permit the
City to meet its expenditure requirement for the following month.
•
City of Dublin
City Treasurer's Investment Report
February 28, 1990
Institution Type, of Amount rate of maturity
Investment invested investment date
State Treasurer LAIF $7,854 ,000 .00 8.553 0 0 0 1
Home Federal of S.D. c-d $100,000.00 10. 200 3 20 90 2
Southwest S&L c-d $100 ,000 . 00 10 . 125 3 20 90 3
Standard Pacific S&L c-d $99 ,000 . 00 10. 125 3 20 90 4.
Far West S&L c-d $98 ,000 . 00 10 . 200. 3 2390 5
Western Federal S&L c-d $100 ,000 .00 8. 000 3 23 90 6
Great Western. Bank c-d $100 ,000 .00 10 .500 3 26 90 7
Brookside S&L .c-d $99 ,000 .00 8. 250 3 29 90 8
First S&L . c-d $95,000.00 8 .650 4 6 90 9
Gold River S&L c-d . $99,000 .00 10 . 250 4 6 90 10
Tracy S&L - c-d $100 ,000 .00 10 .500 4 6 90 11
Unity S&L c-d $99,000.00 10.000 4 . 6 90 12
First Republic Thriftc-d $100,000.00 10.400 4 11 90 13-
United Calif.S. Bank c-d $100 ,000 .00 8 .000 4 14 90 14
Charter Savings Bnk c-d $99 ,000.00 8 .000 418 90 15
First Fed S&L c-d $100,000. 00 8 .000 4 18 90 16
New American S&L c-d $99 ,000.00 8.000 4. 18 90 17
Stockton S&L c-d $100,000 .00 10 .250 4 18 90 18
Santa Barbara S&L(5) c-d - $98,000 . 00 10 .300 4 22 90 19
Paramount S. Bank c-d $100,000. 00 8.000 4 23 90 20
Vista Savings Bank c-d $99,000 .00 10. 250 4 23 90 21
Internaltional S.Bnk c-d $99,000 .00 8 .800 4 27 .90 22
Financial S&L c-d $99,000 . 00 10 . 120 4 27 90 23
Golden Coin S&L c-d . $99 ,000 . 00 10.000 4 27 90 24
Hawthorne S&L c-d $100,000 .00 10.000 4 27 90 25
Heart S&L c-d $100,000.00 10 .150 4 27 90 , 26
American Internatnl Bc-d $100,000 .00 10.000 5 22 90 27
Bank of Livermore cltr c-d $300,000 .00 10. 250 5 26 90 - 28
Rancho Bernardo S&L c-d $99,000. 00 . 10 .000 5 31 - 90 29
Columbus S&L c-d $100,000. 00 9.800 6 1 90 30
Del Amo S&1 , c-d $100,000 . 00 9 .625 6 16 90 -31
San Clemente S&L c-d $99,000.00 8.500 6 27 90 . 32
Imperial Savings (5) c-d $99,000 . 00 9 .500 6 27 90 33
Fidelity FS & LA c-d $100,000 .00 9. 400 6 29 90 34
Republic FS & LA c-d $100 ,000.00 9 .650 6 29 90 - 35
Saratoga Savings c-d $100,000. 00 9.500 6 29 90 36
Palomar Savings c-d $99,000. 00 9 . 250 7 16 90 37
Southern California Sc-d $95,000.00 8 .350 7 24 90 38
Valley Federal S&L(5)c-d $100,000.00 9 .200 7 24 90 39
Bank of California( 2)FHLB Notes $200 ,000 .00 8 .030 7 25 90 ° 40
Bank of Pleasanton c-d $100,000 .00 9. 000 7 31 90 41
•
•
Torrance S&L c-d $99,000.00 8 .400 8 3 90 42
Bank of California(3)U.S. Trea $200,000.00 8.190 8 15 90 43
California Federal S&cltr c-d $1,400,000 .00 8.700 8 18 90 44
California Federal S&c-d $100,000 .00 9. 100 8 18 90 45
First Network S Bank c-d $100,000.00 9 .000 9 10 90 46
County S. Bank c-d $100,000 .00 8. 625 9 18 90 47
Stockdale S&L c-d $99,000.00 8. 650 9 19 90 48
Long Beach S&L c-d $100,000.00 8.750 9 21 90 49
Topa Thrifts & Loan c-d $99,000.00 8 .400 10 9 90 50
Executive S&L c-d $99 ,000.00 8 .750 10 10 90 51
Great Pacific S&L c-d $99 ,000.00 8.750 10 11 90 52
Great Pacific S&L Cltr c-d $200 ,000 .00 8.755 10 12 90 53
Girard S. BAnk c-d $99,000.00 8 .700 10 17 90 54
Allied Savings c-d $99,000.00 8.755 10 18 90 55
Westport Savings Bankc-d $99,000 .00 8.750 10 23 90 56
FNMA(Bank of Cal) (4) debenture $97,878.47 8.600 11 12 90 57
Guardian S&L c-d $99 ,000.00 9.550 1 29 91 58
Countrywide T&L fdic $100,000.00 8.650 2 28 91 59
FNMA(Bank of Cal) (4) debentures $300,000 . 00 8.000 4 10 91 60
CURRENT AMT INVESTED $15,714,878.47
PRIOR PERIOD INVESTED $15,813 ,878 .47
increase(decrease) ($99 ,000.00)
weighted average yield next month 8 .813%
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)