HomeMy WebLinkAboutStaff Report 2501-4035CITY OF PALO ALTO
CITY COUNCIL
Special Meeting
Monday, February 02, 2026
Council Chambers & Hybrid
5:30 PM
Agenda Item
A.Monthly Investment Report - December 2025 (Unaudited)
City Council
Staff Report
Report Type: INFORMATION REPORTS
Lead Department: Administrative Services
Meeting Date: February 2, 2026
Report #:2501-4035
TITLE
Monthly Investment Report - December 2025 (Unaudited)
RECOMMENDATION
This is an Information Report. No Council action is required.
ANALYSIS
The City’s Investment Policy (Policy) 1and 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 – December 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-policy-
fy-2025-2026.pdf
ATTACHMENT A
Palo Alto Monthly Transactions
12/01/2025 - 12/31/2025
Buy
CUSIP Security Description Security Type
US GOV
Transaction Settlement Date
12/15/2025
Quantity
5,000,000.00
10,000,000.00
Price
99.621
98.785
Acq/Disp Yield
3.634
Amount
-4,981,054.69
-9,878,515.63
Purchased/Sold Interest Total Amount
-4,981,054.69
-9,888,131.01
91282CPP0 UNITED STATES Buy 0.00
UNITED STATES US GOV Buy 12/10/2025 3.770 9,615.38
------US GOV Buy 12/12/2025 15,000,000.00 ---3.725 -14,859,570.32 9,615.38 -14,869,185.70
Call Redemption
CUSIP Security Description Security Type Transaction Settlement Date Quantity Price Acq/Disp Yield Amount Purchased/Sold Interest Total Amount
3133ERVD0 FEDERAL FARM CREDIT AGCY BOND Call 12/09/2025 -1,000,000.00 100.000 5.100 1,000,000.00 0.00 1,000,000.00
3133ERVD0 FEDERAL FARM CREDIT AGCY BOND Call 12/09/2025 -1,000,000.00 100.000 5.100 1,000,000.00 0.00 1,000,000.00
Maturity
CUSIP Security Description Security Type Transaction Settlement Date Quantity Price Acq/Disp Yield Amount Purchased/Sold Interest Total Amount
91282CBC4 UNITED STATES US GOV Maturity 12/31/2025 -1,500,000.00 100.000 0.742 1,500,000.00 0.00 1,500,000.00
882214AA7 Texas Bank 0.45 12/23/2025 CD Maturity 12/23/2025 -249,000.00 100.000 0.040 249,000.00 0.00 249,000.00
Rockland Federal Credit CD
672319CF5 OAKLAND CALIF PENSION MUNI Maturity 12/15/2025 -230,000.00 100.000 1.583 230,000.00 0.00 230,000.00
FEDERAL NATIONAL AGCY BOND -1,000,000.00 1,000,000.00 1,000,000.00
ASSOCIATION 0.64
13067WRC8 CALIFORNIA ST DEPT MUNI Maturity 12/01/2025 -180,000.00 100.000 1.320 180,000.00 0.00 180,000.00
06251A2Q2 Bank Hapoalim B.M. - New CD Maturity 12/15/2025 -249,000.00 100.000 0.551 249,000.00 0.00 249,000.00
---------Maturity 12/26/2025 -3,648,000.00 100.000 0.930 3,648,000.00 0.00 3,648,000.00
Summary
CUSIP Security Description Security Type Transaction Settlement Date Quantity Price Acq/Disp Yield Amount Purchased/Sold Interest Total Amount
------------12/14/2025 10,352,000.00 ---3.272 -10,211,570.32 9,615.38 -10,221,185.70
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