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Home My WebLink About0423.0001 • . , ~ . .<. . ~ ',-- " ~) o o .' Jul, 19, 1990 THE HONaRABlE CITY COUNC!L Palo Alto, Callforll. INVESTMENT ACTIV!TY REPORT FOB JUNE 1990 ftembers of the CDuncll: T~is is an i.formation report and no Council acticD is necessary. INTEREST INCOIIf !ntere.! fncome (c.s~ basis) for the Moth of June was $55S,642 and for the entire 1989-90 flsc.l year totalled $9.2 million, 103 ~.rcent of the annu.l target of 5S.9 .'11ion. CURRENT PORTFOLIO The par .. I" of the CH,'S portfolio Is approxlmatel, 1114 mi1lion, wIllch consists of $86.m 11111 fon, or 75 perc.ent, maturing "ithiJ two years. Most gf the hlvestll1ents .. $82.6 ... illion, or 72 percent, are 11 United States Government Securities. The current lIarket yittle Clf tf)e portfolio fs 100.3 percent Clf cost. CCMJ>lIIoHCE W!TH IH'lEST!!ENT PotlCY As of June )0. 1990" the 1DvestVlent portfolio was in campHanee with ill elements of the City's fr:rvestment polfcy. II Jul, 19SO projections indicate receipts and ;gyest~ent5 wtfc~ mature will eKceed ex~enditure$. On the basis of t~e above pnjectfon. there Will be s~fficieJlt funds h meet Pale Alto"s expenditure reqUirements for the IWnU. Clf JulY. Staff is ill the process Gf completing a [lew <as~ forecist based DO the 1~~O-199l Two Tear Budget. Respeclf.ll, submitted, ({d' /~tNfi7'b ;fo~-.lfaJJ.A.~ GOROOII B. fOR!) ~rll HARRISON , "~,."~ Treisurl Manager finance Di rector ss;stant C;t, "anager CMR:4l3:0 • '. .~* \ ! I ~ • 1 1 , , ~ - o 11 MIllIn: IIlthll I ""nth 1-3 IIOnth. 3-6 ""nth. 6-' ""nth. !·lZ ""nth. 1-2 Y'u, IUtU. Z y .. rs l-S year. 5-10 y .... 10-20 yun 20-30 y .... Over Z years TOTAL 111m: liE INYUI!!OO local Ag.ncy r ••• st.e.t fund ".hll Fund C.rtfflt.te. Df DeposIt: C.lht ... lfzod Ci ty • f PiT 0 A It. Sonds C.rtlfft.te of 'irtftfpatf.n U.S. Tru5ury 11.5. Agency REPORT OF INVESTMENTS .JUNE 30, IUD Plr Amount 06/30/90 fl. S MjIl Ions) (Sl $ 21.00 IS .• 13.00 Il .• IS.SO U.6 10.00 8.S 6.00 S.2 ~ ll.l SS.95 75.3 22.S7 U.S 3.30 I.' 1.4S 1.3 -----ll ~ 28.20 24.1 114.15 100.OS 10.00 B.8 1.00 J.8 19.00 16.6 .07 .1 .45 .f 26.00 22.8 ~ !i..} TOTAL 114.15 100.OS Market ,.J •• /Cost $114.2/113.9 100.3% 0IR,423:G Pag. I of 5 1989-90 05/31/90 !aroot III > $6 17.4 11.3 12.1 10.0 &.1 ...l.8...i > $35 15.S 19.6 I.' 1.3 ......1 24.5 laOS 100.OS S.7 l.5 16.5 .1 •• 22.5 .M..l JOOI 100.OS > 95l!; 100.1\ t t \ , I 1'·,', I I r I I, • ·"'c .. y ,---~. ... Pago 2 of 5 PeriOd Earnings o 25,755 14,000 14,488 28,298 17 ,472 1,125 ~~ 90 , O;'c) ----, " ~ ,I; 'F '< 't~, \," " ' A \' " , ' "" ,·h ' ~if1f~'1>' t.~\ ' \ "¥-1r,\~·! ' ,\' ' oj '. '''WI~. ,11:1,',)"" '. ," -"W:~"""" '';'' ..~" ."p. v~""r" ~rl{;\"'''i::/' ~ : ,~ .\-.~ " , , "",\-,' " ,~ ~ I. /\ I I " , i , , . { ~ • , I , , I I ~ , • ~ I I '-,' • . \~ . ,~ , "' .. ,-,~ L -. -=--- , , I , L REPORT OF INVESTMENTS ~UNE 30, 1990 Intoro.t Maturity Par M.r~et mvm Rote p,%e hIJLt XI.lJIL U,~, It.IJYtX '22,Z~1 Tre.sury Notos* B.oo 06.30·90 3,000,000 2,950,313 Treuury Notes 9.00 01·31.91 3,000,000 2,970,703 T.o •• ury Notes 9.38 02·28·91 1,000,000 997,950 Treasury Not •• 9.75 03·31·91 2,000,000 1,997,813 Trusury Note. B.13 01·31·92 5,000,000 5,9B9,OOO Treasury Notes 8.50 02-29-92 2,000,000 2,005,000 Treasu.y Note. 8,50 03·31.92 4,000,000 4,013,000 Trenury Notes 8,25 08·15·92 3,000,000 2,996,000 Treasury Not .. 8.75 01·1S·93 2.22Q.2!!Q 2.21~,222 26,000,000 25,938,719 • Tho T.e.5u.y Note. mltured on a Saturd.y, June 30, 1990 funds wore ."ceived on Honday, July 2, 1990, The tran.action ~nd intere.t income will be reflect~d In the July 1990 .eport. V.S, AGE!!C'{ (49.6~1 FHl8 7,BO 07·25,90 1,000,000 1,000,000 FHl8 8,50 07·25·90 2,000.000 2,000,000 FHLB B.95 08'27·90 3,000,000 3,OOO,OCO FNHA 10,00 09-10.90 1,000,000 1,000,000 FHLB 7,05 10·25.90 1,000,000 999,688 FHl8 8.40 11.26.90 1,000,000 1,000,000 FHL8 B.90 11-26'90 3,000,000 3,000.000 FNHA II,BO 12.10-90 500,000 500,000 FHlB 9.35 12·25·90 3,000,000 2,998,125 FHLB 9.30 01'25-91 2,000,000 2,000,000 FNHA 7,65 02-11.91 2,000,000 2,000,000 FNHA 7.20 04·10·91 1,000,000 1,000,000 FHLB 7.875 05·27·91 4,000,000 4,012,500 FNMA 8,55 06.10.gl 1,000,000 1,000,000 FNHA 8,40 08·12·91 1,000,000 1,001,000 CMR:423:0 '~,"""''''-~ '\"", , Purch.so Unr .. l1zl!d C.in Clossl 41,266 2,187 24,094 18,969 J....2!!Q 95,516 1,000 \~'~. ' . '. ';-.' Price B.lance 2,950,313 2,970,703 997,950 1,997,813 5,947,734 2,002,813 3,988,906 2,977,031 2.212.222 25,843,263 1,000,000 2,000,000 3,000,000 1,000,000 999,688 I,OOO,OOC 3,000,000 500,000 2,998,125 2,000,000 2,000,000 1,000,000 4,012,500 1,000,000 1,000,000 #$ ..... I" .' ." P.ve 3 of 5 Period Elrn1ngs o o 29,500 140,250 42,750 - : " ~ ~ ~ , ~ ~ ~ ~ ~ • ) " ~ I~ ,~ ~ • ',' '-, .: " -i· > :,,',' '''q-." "'" 1.:,-.. ,~'. :~)~~ 1, -I. .... / '.' J, " -~, ", • '"' :..,., ... .---'-' .---- ~ .. ---r-' ..... I L ~ il~ 1 r I .~ r! I .,. __ ~~ _~ ___ •• "'_·L •• ~_J.iw ... "u "",....".... ... , ........ """'",. .-"", ........ . r"----:\\~1"}: .'. . ..... . . . ~.-- ~ U,S. AiEMCX (Contlnuod) FHLB FHLB FHLB FNMI\ FNMA FHLB FHLB FNMA SLMA FNMA FHLB FHLB FHLB FHLB FHLB FNMA HB FNMA TVA FNMA FHLMC (PU) FHLHC (PII Somi.Annually) FHLHC (PI!) GNMA (m) Matured and Sold Inyestments Fidelity Fedoral (Collatoral) Cal1fornl. redor.l (Coll.teral) RtPORT OF INVESTMENTS JUNE 30, U90 Intore.t Maturity l!A.t&.-Oate 7.20 7.40 B.B5 8.45 8.45 8.60 9.05 7.95 10.50 10.75 10.75 7.75 7.45 7.95 12.15 7.60 7.35 7.40 7.35 B.20 10.00 12.45 13.50 9.00 08·26·91 09·25·91 03·25.92 '05·"·92 07·10.92 08·25.92 12·28·92 02·10.93 04'22·93 05·10·93 05'25·93 07·26.93 08·25·93 09'27·93 12·27·93 01·10·97 01·20·97 10·01·97 04·01·98 07·10·02 OZ.01·09 09·15.09 02·01·10 11·15·16 Par Y.A.l.lI1 2,000,000 1,000,000 2,000,000 2,000,000 2,000,000 1,000,000 3,000,000 2,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2,000,000 1,000,000 2,500,000 2,000,000 500,000 400,000 400,000 500,000 524,683 288,000 170,403 ~ Market XI.I.Ilr... 1,974,000 988,000 2,014,000 2,001,000 2,002,000 1,004,000 3,038,000 1.973,000 1,046,000 1,053,000 1,054,000 978,000 1,937,000 983,000 2,760,000 1,876,000 464,000 371,000 371,000 48~,OOO 534,000 316,000 191,000 ru.&O.Q 56,633,724 56,747,313 8.25 06·01·90 8.35 06·19·90 Purchase Unrealized Gain (loss) (44,7501 (12,000 14,000 1,000 2,000 4,000 23,000 (27,OOO) 46,000 122,063 55,875 (ZO,75°l {63,OOO (8,875 322,500 (126,813) (36,000) 9,125 (29,000) (18,000) 25,723 9,375 24,694 ill...ill) 218,610 Price ~ 2,018,750 1,000,000 2,000,000 2,000,000 2,000,000 1,000,000 3,015,000 2,000,000 1,000,000 930,937 998,125 99B,750 2,000,000 991,875 2,437,500 Z,OOZ,Bll 500,000 361,875 400,000 500,000 508,277 306,625 166,306 &.ill 5~,5ZB,703 TOTAL INV~STMENTS (100%) $114,153,724 $114,206,092 $314,126 S113,891,966 (P&I) Principal and Interest payments monthly. Investmonts with maturitios of less than one year are valuod at cost. Purcha,e •• ince last report are shown in bold typo, Pago 4 Of 5 Period Earn1nos 135,75 b 151,875 4,400 1,945 ~) 512,857 14,208 ..lZ..Zll $665,642 .j' • ''i!f'f¥,' (. , . ''' .. ,., j";;.fi~" :(f'tAi~ • ,:~ ," I l: .. ., ~. ,~ " ) , \ , ,t , ~ I 1 " \ ". -./ • . ",'_n_."...,~·""·"v·,,,· CMR:4Z3.0 --'-""~,"'"'7" . "J.._~ ___ "-:-:-~ or,' ',~'''_l'''''' '"'\","iIII"""-"[ , ·"c·,.-'. , L , .J,'-' P\', i . ,. ';,' I. \ ;"'< if.: ,~.~ ;." ... .,iI_ • ..",.'1 ••. ,,' .>J",. ~ , • , ., " ,',,< """ . .' ' . , . :,.-,;."'-~".-. .' ; ,'\t..,.:~ ,1f;".J~\~' bC ... U lllc:~ fffetthf Ann.'1 Ratt Of lie/v,. /:\0) It~'$t_nts ! o • . , i ) , , ,~'~f-' . ~~,;.o. ;t,' ,,:::; ~f"" ".:" "--; , ... ,;,: i. '. • . 1 , 1;; "T P , " , .