HomeMy WebLinkAbout1989-12-19; City Council; 10436; Report on City Investments,
CIT\ 3F CARLSBAD - AGEND/-')ILL 3T
REPORT ON CITY INVESTMENTS
RECOMMENDED ACTION:
No action is required.
ITEM EXPLANATION:
State law requires the City Treasurer to report to the City Council on a monthly basis the status of the City's investment portfolio. This report is presented to Council each month reporting on investments held on the first day of the month.
In summary, the City's investment portfolio as of December 1, 1989, is as foll ows:
Average Principal Interest Average
Certificates of Deposit
Federal Gov't Notes or Bonds'
Federal Agency Notes or Bonds'
Corporate Notes3
Local Agency Investment Funds
Bankers Acceptances4
Commerci a1 paper5
Other Investments
Total Portfolio
Amount Rate Term-
$ 22,200,000 9.01% 285
2 , 918 , 254
13,651,024
10,524,698
10,000,000
2 , 879 , 767
979 , 336
458,502
$63,611,581
8.63 733
8.40 1802
10.14 1029
8.74 -
8.81 170
8.73 87
7.66 -
8.77% 684
These investments have been made in accordance with the City's investment policy adopted January 2, 1985, and last revised November 7, 1989.
FISCAL IMPACT:
When held to maturity, the above investments will yield $11,976,066.44 in interest revenue.
EXHIBITS :
The average life of the portfolio is 1.88 years.
Detail listing of investments as of December 1, 1989.
1. Current market value = $ 3,150,888
2. Current market value = $13,671,942
3. Current market value = $10,659 , 870
4. Current Market Value = $ 2,915,630
5. Current Market Value = $ 994,660
Interest is current on all applicable securities.
I I' I
E ,,
L 2
.I
+ 'J
4
1
I- J ir
_1 + I
2
+ I, 3
2
C
c U
i
'?
>
n c L1
IJ
>
b
c
2
a
c
b
I- rJ
'
!! '
I "
I
n
I. ?
L
J r
J
c L
3
t
1
J
c
J
L
.. .I
oaaooc '_I u 'J u 'J i
nun-m *I* 0 mlm
Z a 23 zzz z z z z zzzz J xxa a x a a xxax 039 n 3 0 0 0000 3 JJJ J J J J JJJJ z
U
c a
r p.
LI
<
0
r
c
c CI
r I\
U C <
C 0 v
r
)r
U C
C
0
r
C
C
C C
C C n
c P
3 + C
I 9 B
d
L
c1 n
3 ?
'0 4 *,
0
a
N
.@ 3
N
n 0
0 3.
I I 11'1
0 3. N!3 r\ 81 n! a . . .I.
+ 1"
i
I /:,I I I
n m
E) .3
a 3 o
.3 3 n
-4
3. P
n 9 9
a N
X -4
n n
m
d -4
9 c, CI
0. n 0.
J
c 0 c I m 3 m
a
.............. 9 31nnLPIF(E.ln-4-4* @In N \=annnaanun~n~~ 3. ._;..S.._j..I..I 3. n 0. -4 m -4 LE, u D or u a '3.
or
cy o
4
-4 CI
0. N
n c!
P -4
N -4
m 3
-4 c, m
N m
N
c!
X 9 n -4
n -4
a N
m m 9
U N 4 n 4
J 5 c P
m 1 m
3 9 4
3 3
3 3 9 U
x)
3 -i
3 3
2 3 9 U
x)
X
U
XI
a a
3 3 3
3
3
3 4
a
3r D
3. 4
\ -l
-I
L
n
3
3
Z
1) *
Z
1)
-I
J 3 _I
L
3