HomeMy WebLinkAbout4.4 Treasurer's Report 02-28-1991 CITY OF DUBLIN
AGENDA STATEMENT
MEETING DATE: February 11, 1991
SUBJECT :City Treasurer's Investment Report as of
February 28, 1991
EXHIBITS ATTACHED:City.Treasurer's Investment Report prepared by
Ph ' ip S. Molina.
v
RECOMMENDATION :Accept the Treasurer's Investment Report.
Attached is the Investment detail list as of February 28, 1991. The report
shows that the City's investment portfolio totals $16,505,000. There is no
change 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 February 28, 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. '
--------------------------------------------------------------------------
COPIES TO•
ITEM N0. ���✓�-�J �,3D ���
City of Dublin
City Treasurer's Investment Report
February 28, 1991
Institution Type of Amount rate of maturity
Investment invested investment date
State Treasurer LAIF $10,000,000.00 8.002 0 0 0 1
Countrywide T&L fdic c-d $100,000.00 8.650 2 28 91 2
Home Federal of S.D. c-d $100,000.00 8.450 3 20 91 3
S.F. Federal S&L c-d $100,000.00 8.600 3 20 91 4
Western Federal S&L c-d $100,000.00 8.500 3 23 91 5
Far West S&L c-d $98,000.00 8.600 3 26 91 6
Great Western Bank c-d $100,000.00 8.600 3 26 91 7
ITT Federal Bank c-d $99,000.00 8.450 3 29 91 8
Community T&L(FDIC) c-d $99,000.00 8.550, 3 30 91 9
First S&L c-d $95,000.00 8.500 4 6 91 10
Gold River S&L c-d $99,000.00 8.500 4 6 91 11
Tracy S&L c-d $100,000.00 8.550 4 6 91 12
Unity S&L c-d $99,000.00 8.550 4 6 91 13
FNMA(Bank of Cal )(4) debentures $300,000.00 8.000 4 10 91 14
First Republic Thriftc-d $100,000.00 8.500 4 11 91 15
Stockton S&L c-d $100,000.00 8.425 4 18 91 16
Security Pacific Statc-d $99,000.00 8.450 4 18 91 17
Internaltional S.Bnk c-d $99,000.00 8.550 4 20 91 18
Paramount S. Bank c-d $100,000.00 8.450 4 23 91 19
Santa Barbara S&L(5) c-d $98,000.00 8.425 4 24 91 20
Vista Savings Bank c-d $99,000.00 8.500 4 24 91 21
Heart S&L c-d $100,000.00 8.450 4 29 91 22
Hawthorne S&L c-d $100,000.00 8.500 4 29 91 23
American Internatnl Bc-d $100,000.00 8.500 5 22 91 24
Bank of Livermore cltr c-d $300,000.00 10.250 5 26 91 25
Standard Pacific c-d $99,000.00 8.500 5 28 91 26
Rancho Bernardo S&L c-d $99,000.00 8.750 5 31 91 27
Del Amo S&1 c-d $100,000:00 8.500 6 14 91 28
Sequoia Nation Bank c-d $100,000.00 8.500 6 27 91 29
Fidelity FS & LA c-d $100,000.00 8.450 6 28 91 30
Foothill T&L (FDIC) c-d 5100,000.00 8.400 6 28 91 31
Republic FS & LA c-d $100,000.00 8.700 6 29 91 32
Palomar Savings c-d $99,000.00 8.500 7.16 91 33
Southern California Sc-d $95,000.00 7.500 7 23 91 34
Valley Federal S&L(5)c-d $99,000.00 8.750 7 24 91 35
Pacific First Bank c-d $99,000.00 8.500 7 25 91 36
Conerstone Bank c-d $99,000.00 8.300 7 26 91 37
Bank of Pleasanton c-d 5100,000.00 8.450 7 31 91 38
Torrance S&L c-d $99,000.00 8.400 8 6 91 39
Bank of Beverly Hi11sc-d $99,000.00 * 7.100 8 19 91 40
Plaza S&LA c-d $99,000.00 8.450 8 21 91 41
U.S.Community S Bank c-d $99,000.00 8.250 8 21 91 42
Summitt S&LA c-d $99,000.00 8.400 8 21 91 43
American Commerce Banc-d $99,000.00 8.350 8 22 91 44
Mission Viejo N.B. c-d $99,000.00 8.300 8 22 91 45
Downey S&L c-d $99,000.00 8.250 8 22 91 46
Calif Fed S&L Co11r c-d $250,000.00 8.300 8 22 91 47
County S. Bank c-d $100,000.00 8.350 9 18 91 48
Commerce Savings Bnk c-d $99,000.00 8.350 9 19 91 49
Fireside Thrift c-d $99,000.00 8.300 9 20 91 50
Topa Thrifts & Loan c-d $99,000.00 8.350 10 9 91 51
Executive S&L c-d $99,000.00 8.300 10 10 91 52
Great Pacific S&L c-d $99,000.00 8.375 10 11 91 53
Great Pacific S&L C1tr c-d $200,000.00 8.375 10 12 91 54
Western Financial S&Lc-d $100,000.00 8.500 10 15 91 55
Girard S. BAnk c-d $99,000.00 8.300 10 17 91 56
Allied Savings c-d $99,000.00 8.250 10 18 91 57
Beverly Hills FSB c-d $99,000.00 8.200 10 23 91 58
Continental Savings c-d $99,000.00 8.250 10 23 91 59
Guardian S&L c-d $99,000.00 7.750 1 29 92 60
CURRENT AMT INVESTED $16,505,000.00
PRIOR PERIOD INVESTED $16,505,000.00
Pncrease(decrease) $.00
weighted average yield next month 8.183%
footnotes
I.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.