HomeMy WebLinkAboutStaff Report 2412-3915CITY OF PALO ALTO
CITY COUNCIL
Special Meeting
Monday, January 12, 2026
Council Chambers & Hybrid
5:30 PM
Agenda Item
A.Monthly Investment Report - November 2025 (Unaudited)
City Council
Staff Report
Report Type: INFORMATION REPORTS
Lead Department: Administrative Services
Meeting Date: January 12, 2026
Report #:2412-3915
TITLE
Monthly Investment Report - November 2025 (Unaudited)
RECOMMENDATION
This is an Information Report. No Council action is required.
ANALYSIS
The City’s Investment Policy (Policy)1 and California Government Code Section 53607 requires
that a report of transactions (investments, reinvestment, sold, and exchanged securities) be
made available to the Council on a monthly basis. This reporting requirement is separate and
distinct from the quarterly investment report submitted under California Government Code
Section 53646 that includes portfolio composition, a detailed list of all securities, performance
compared to the Policy, overall compliance with the Policy, and the City’s ability to meet
expenditure requirements over the next six months.
ATTACHMENTS
Attachment A: Investment Portfolio Transaction Ledger – November 2025
APPROVED BY:
Lauren Lai, Administrative Services Director
1 Investment Policy Fiscal Year 2025-2026 (Adopted June 16, 2025);
https://www.paloalto.gov/files/assets/public/v/2/administrative-services/investment-policies/investment-
policyfy-2025-2026.pdf
ATTACHMENT A
Palo Alto Monthly Transactions
11/01/2025 - 11/30/2025
Buy
CUSIP Security Description Security Type Transaction Settlement Date Quantity Price Acq/Disp Yield Amount Purchased/Sold Interest Total Amount
91282CNU1 UNITED STATES US GOV Buy 11/17/2025 5,000,000.00 100.059 3.601 -5,002,929.69 46,297.55 -5,049,227.24
912797RL3 UNITED STATES T-BILL Buy 11/07/2025 10,000,000.00 99.056 3.865 -9,905,590.00 0.00 -9,905,590.00
TREASURY 02/05/2026
INTER-AMERICAN SUPRANATIONAL 100.757 63,888.89
---------Buy 11/10/2025 20,000,000.00 ---3.741 -19,946,369.69 110,186.44 -20,056,556.13
Call Redemption
CUSIP Security Description Security Type Transaction Settlement Date
11/03/2025
Quantity
-250,000.00
-249,000.00
Price
100.000
100.000
Acq/Disp Yield
0.000
Amount
250,000.00
249,000.00
Purchased/Sold Interest Total Amount
250,000.00
249,000.00
46657VNZ9 JPMorgan Chase Bank, N.A. CD Call 0.00
CIBM Bank 5.0 05/17/2028 CD Call 11/17/2025 5.000
------CD Call 11/10/2025 -499,000.00 100.000 2.495 499,000.00 0.00 499,000.00
Maturity
CUSIP Security Description Security Type Transaction Settlement Date
11/28/2025
Quantity
-249,000.00
-248,000.00
-3,025,000.00
Price
100.000
100.000
100.000
Acq/Disp Yield
0.030
Amount
249,000.00
248,000.00
3,025,000.00
Purchased/Sold Interest Total Amount
249,000.00
248,000.00
3,025,000.00
98321PAJ9 First Wyoming Bank & Trust CD Maturity 0.00
Western State Bank 1.05 CD 11/13/2025 0.000
TENNESSEE VALLEY AGCY BOND 11/01/2025 2.518
82436LAA3 Sherwin Williams CD Maturity 11/06/2025 -250,000.00 100.000 4.299 250,000.00 0.00 250,000.00
77535MAC7 Rogue Credit Union 5.0 CD Maturity 11/10/2025 -249,000.00
-250,000.00
-150,000.00
-3,100,000.00
-1,500,000.00
-249,000.00
-249,000.00
100.000 0.033 249,000.00
250,000.00
150,000.00
3,100,000.00
1,500,000.00
249,000.00
249,000.00
0.00 249,000.00
250,000.00
150,000.00
3,100,000.00
1,500,000.00
249,000.00
249,000.00
MISSISSIPPI ST 3.646 MUNI
MISSISSIPPI ST 4.681
MICROSOFT CORP 3.125
INTERNATIONAL FINANCE SUPRANATIONAL
Banner Capital Bank 0.45 CD
BMW Bank of North America CD
---------Maturity 11/06/2025 -9,519,000.00 100.000 1.300 9,519,000.00 0.00 9,519,000.00
Principal Paydown
1
ATTACHMENT A
Palo Alto Monthly Transactions )
11/01/2025 - 11/30/2025
CUSIP Security Description Security Type Transaction Settlement Date Quantity Price Acq/Disp Yield Amount Purchased/Sold Interest Total Amount
3130B2RP2 FEDERAL HOME LOAN AGCY BOND Principal 11/20/2025 0.00 ---5.250 828,571.43 0.00 828,571.43
3130B2RP2 FEDERAL HOME LOAN AGCY BOND Principal 11/20/2025 0.00 ---5.250 828,571.43 0.00 828,571.43
Summary
CUSIP Security Description Security Type Transaction Settlement Date Quantity Price Acq/Disp Yield Amount Purchased/Sold Interest Total Amount
------------11/09/2025 9,982,000.00 ---3.007 -9,099,798.26 110,186.44 -9,209,984.70
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