HomeMy WebLinkAbout1996-05-21; City Council; 13656; REPORT ON CITY INVESTMENTS AS OF APRIL 30, 199637 8 9 -I
CI OF CARLSBAD - AGEN A BILL
AB# /3,6s 6
MTG. 05/21/96
TITLE: Y DEPT. H -
REPORT ON CITY INVESTMENTS clwAmt$j
DEPT. TRS AS OF APRIL 30, 1996 CITY MGR: &
I RECOMMENDED ACTION:
Accept and file report.
ITEM EXPLANATION:
The City’s Investment Policy requires the City Treasurer to report to the City Council 01
monthly basis the status of the City’s investment portfolio. This report is presented
Council each month on the investments held.
In summary, the City’s investment portfolio as of April 30, 1996 is as follows:
- I Investment Portfolio (Cash and Securities)
Current Month Prior Month
Par Value
142,058,47C 145,760,635 Market Value (2)
143,270,074 147,437,047 Book Value of Investments (I)
141,411,284 145,611,309 Cost of Investments
I43,284,20E 147,359,417
(1) Book value is cost adjusted for amortized premiums and discounts.
(2) Source of market values is First Interstate’s custodial report as of 4/30/96.
l a u 5
CL fz
2
f&
83
uo ZH DH
- [ Interest Income
Current
Current
Month FYTD Month FYTD
Month Prior
Income
Cash Income Fiscal 347 , 84t 5,948,737 6,296,584 Year-to-Date
Total Income Over The Life 23,830,023 24,107,247 Of The Investment If
Held To Maturity
I
0 0
PAGE TWO OF AGENDA BILL NO. E; 656
Investment Performance
Average Life
(Years) Average Yield
February 1996
5.75’ 1.78 March 1996
5.80’ 1.68
April 1996 5.74 1.71
I I I
All .investments have been made in accordance with the City’s Investment Policy adopted Jar
2, 1985 and last revised February. 13, 1996. All investments were initially made in accordance
investments not being in compliance with the current policy. These events are typically a chan
the City’s Investment Policy or a change in the credit rating subsequent to a purchase. See E:
5 and 6 for details.
Investment portfolio has the ability to meet the City’s cash flow demands for the next si
months.
EXHIBITS:
I. Investment Portfolio Breakdown By Book Value, Market Value, Cash Income, and Avc
the City’s Investment Policy. Events subsequent to the purchase might have resulted in :
Yield
2. Investment Portfolio Breakdown Of Maturities
3. Investment Report
4. Corporate Note Ratings
5. Percentage Weightings By Corporate Note Issuer
0
2 2 c, k cq Q i;: &
kl c3
-Y 3 E 3 2 2 c
5 f 3 L. 0 .I 2
f
8
rs
e
c, 5 L L
$ z
". d z
0 8
0 8
Q c;-
0
0 9
a q m
00
m 09
0 z
0
m -?
m
W ".
m c? W
0 Exhibit
m
m \9
d x
In
d r:
m 2
81 0
O1 8
s b, 2
s M d s
8 E 22
000vlP-0~01 2
N* 2 %* g 2 0 SQ i?L3dW00 m W 3 00 :e :* 3
m v)
t-"m d d " '",
T fO m o\
H(.c,
0 El 1; 64
u* k cc ? a 0 PI
c3 s z ?
n 4 8 2
B
E
z H
4 u
h c3 u"
v, a7 a7 rl 0" (cr k2 3 8 2
g 8 G
3 8
h 4
3
9 h
s g
3 3
4
0 aq k 2 8 *
2
E
c >
2
g 2
8
M 0
Q s
9 8
L 0 .I 2
9 E ;
c,
W e
L L 5
f
5 f
h 0 .- 2
5 e 8
6
c, 5 L. L
0
0
0
0
0
0
0
0
0 d
N m
00,
9
3
0
00 m
m m mi.
0'- e
0
W 00
0 N
t-*
3 i
e
3
m
e
0, m N
W r- E-
2 t-
e
m 2
0,
$
m N
r- m 3 m"
'", 0
d m
0 I? 00, 5 *!. zf
N N
d m
",
3 m
m to
W W
m m
mi
-,
00 nl
d d
m m
mi
'0,
b r-
Nn
m* 2
m m
W 3
3
0- m 2 m
nl W
0 m
m m
N,
t-,
2 r-
0,
e m
d N
m 00
0, : R N
N m r 3 m z N
m to
W m
t- N
0,
",
m 00 *,
0'-
3 N
N
m 0 fin 0
\p
.-4
3
m 00
", - N 2
m 0
N*
a* z
3
81 b
21
1 r- m
q 13
o\
rl r-
N
I?
m r- 3
3 m
69 s
m m an 0,
:* 2 €e
d t- 8 r- *,
b, m
64
r- d
b m
0,
P 5 63
Ll b v m q8S?Hm$ q< c;l c
B & 2
b mz g
0 0
Exhib i
s 8 p1
ssssssss s
E:
22~ "??Z. 3 SI 8 8 3mm- 30
k N
0
0 R B & 0 a
3
;g
Pi
2s
w5 2 a" Brcr
za z: 20
4 u 8 *
u E
8
8 5
6
@
& 2 8 2
e 3 % 3
3
Q
4
P
*
0 H
m! v,
u R cq
8 ;s 3
E 8
k
3 8
2 2
g
;r m
r(
EL * 2
rl
6 x ?
I4 2 g
0
0
0
0
0
0
m d 2 N 9 3 N
0
3 m 2 3
3 vi- vi
Wm mu,
-% os
2O 6 co me
rli
3 \o
d d
",
2 m
a W z- m
N F a
0
v 0
N-
w* 5
3
0
cn %I 3 r-
01
m 0 *- 3
3 2 z 6-3
3 00 Nm
*., d m
3 N
69
s ": m CY
7
0
0
0
0
0
0
00 W 3 o\ 9
3
u, m 8 6 5
3
3 R
3 m
N
m m s s* 2
0 2 v-
0-
W
3
3
v W 2- s 2
0
Q\ 00 z- a b c1
0
vi 0 :- 3 ? 3
01
q 3
F
m b
N 0
"i s m 63
Q\ e :-
w 00
m
69 P
s r-: d N
s \4 3 vi
+ u m rn rn btiq 3 4 4 828gszz 2 2 u $n 8 E 2 s
0 0
G 0
c6 0
CA
04 I
tr!
04
3 1 0
23 g
G
m I
I i!i
m 0 2 H
% 0
G
0 Td
9
Q o\ m +
On m
d *A P
% 0 2 s
06
00
r
-
2 3 to tu f
v) 3
u) a,
0 C a,
.I
2 - !!
Q) = Q) LL
v) a,
0 z
a,
.cI
.c1 !! 0 e
0 0
L
> S - s Y
2 2 \
S a, C
Q - tu- a, oc 0 03 3 ALL v)
€I I3 El 01
I ~~ ~ ~___
s
~~~~ ~ ~~~~
s
u5 F
r
‘L.
s
r; Q)
e9
24 c6 0 h F9
s
F r; cv
0 0
0
cd I n
& *+ h
I a 3 c
Srn bE
m I
I on dm 0-
m4 0% *a
H4 d*
(I 0
G
I E a&
3 0 Td 24 a
2 0
s
>am art!
F>>
500
nNm 8
aa
S .- c3 v)
SF(., WW
co
v)
rn r
.............
b
cy Ti
0 0 Exhil
d I+
o\ W
m 0 I
0 m
E2
BE!
em
mmrlmwmmmmmwrlmwwo~p.mmdlwwomdlmp.p.p.p.p.p.dlm m dlwmmm~mwwrl1mw~~rl~~mrl~~~mp.md~~mrl~~o~ m mmowommmmt-p.t-rlmmmmmommmmwp.wp.mmp.mmmmm dl rlrlrl rlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrl rl
rlmrlmmmww~ mp.mmp.rlmm~
rl rl mmmmmp.mml
~bbb~~m~bmbmo~ow~~m~mooom~moo~moomw
mm~oommoom~nmmm~wrl~o~p.ooom~moommoomrl rl ~mw~~rlm~~m~m~p.~wmdlmmmooomomoommoomm rl ~mmo0101mmw~'rlomp.om~~'rlrlp.moo~momoommmp.p.~ w
mrlp.mrlmmwrldlrlmm~dlmmwp.p.mwwmmmdlmmmm~~mdl ri mp.mp.dlmoorlmmrlmw~mmmmmmmmwdlmodlrlomorlp.o p. rlrlrlmrlorlrlrl~~mmwm~~~rlmm~~dl~~mwwm~mw~m m
QQ~QQ~~QQ~Q~QQQ~NNQ~~QQ~W~~QQ~~Q~~~ f? ....................................
....................................
................... ............... NmdrlrlNNNNmrlNddlNrlrlrlrl rlrlNrlrlrlNNrlrlrlNrlrl Ul W
mwrlo~wmoom~mooow~~~~~moom~moodlmoomp. w rlomowom~~momoooww~mmp.~mom~m~odlmoomw w
QbbQQOOJIO' OLO~~~L-ON~
op.mmmom~ omc-omop.m
.,*.I.,*
ob-~mmorlm ........
&
5: !?IC
2&
mu mal
H
00\LONrlKlrlO
ONONrlrlNN odlw~dlmoo
rl-~rlm~vmm ........
op.p.p.oomrl 0m"p.t-t-rl
0PIPINmmV)OI mmrldlrn~ww mrldlomp.mo
rlmrlowwmw ~mwmrldlwp.
........
........
NN rlrlrlrlrl
5 w a 2 H
.................................... ~~mmommmo~mmmmorlm~om~rlp.omp.moodlmoomrl o ~mmo~omm~~p.~~p.o~w~mrnmmmoo~moorlmooom m mdlp.p.~rldlww~mwmp.op.mrlrlwrlmwdl~rl~oo~m~np.rl~ w
mmomrlwwmrl~p.rlmdl~mmwL-mmoomowp.m~m~~~mdl o rlw~p.~mo~rl~~n~mw~wmm~nmmoowp.wm~rlmmo~mo w rlrlrlmrl rlrlrlm~mdlmm~~~rlrlrlmmm~~~ww~~mw~m p.
....................................
0 4 rl
ZW 3 &
dpBdedpdededededpdedpdedp***de***dedededp**~dpdpdpdedede*dp dp ~mm~o~~oo~moomooooomrlwoooooooooot-00 N rlm~oom~~mom~mrl~oo~mp.m~mmmmmmmmom~p.o o owp.op.~odlmmmmdl~~dl~rl~rlmoo~~wyy~~~~~~~ y
wmdl~dlmmmmmmmmmmmm~nmwmwwmwmmwwwwwwmw m .......................
rl~oomoooooooooooooommmooooooooooooo w amtnomnoaoootnoooonoo~~rtnooooaooooooo o
dpdededededp~de 00mm00dl0 OLnNrlrlrnOW mp.p.mwmp.w ........ wmmmmwmm
OOOmOOOm ootnmomtn~* ........ OONOOIONm mowwoNrldl OWOTJON~OD
mdldl~mmnlw mrlom~mm~
........
p.0000000
dlrlmrummm .......
!2E v1
E3 H
.................................... NON~~NOrlOOOPOOO~N00rl~CONOO~O~O~OOO~O ri mwwmmrl~rl~~mm~~~~w~~mmwrlo~p.mmop.ooo~o m p.~~~mm~mom~~~ooo'rl~ooom~mo~~m~mmoaooowo a .
~~wmot-p.p.~~mmooomwoommmmomwp.mowooooo o p.ommommmop.mmooommoo~mmmot-~rlmooooomo rl oomrnommmommmdlp.ommoo~dlmmrlmoomooooomo rl
N rlrlrlNrlrlrlN rl m m
..."....."""..."". ...""" .. .......... . .. ..".." Nm .. rlrlrlrl~~ rlvm~ rlrl
dl - 0
W
Hm 6
&rl 0 &PC wcu E4
a
m \ U
m \o m\ m2
w 9
rl E&
\ mm\p. mp.wwrl
zrlW\\Nm omDrlrl \p. alnmmwrlm
uumrlrl mm
0 ~rlwwawdl a\ z \
NN OD
Ed*222?2
&de DDUE,
SwgODaDmrnY
wmwnn
I .wmmwm rlmdpdpaden
Wi-lp.PNp.de
g5*wwhww 2&*%EH*
E!!!$PW
2mmmmamm
i-l D!X&W&& mmm33uPD D44rnvrWrnrn
HHLxLxmpia hh$HH
UDDDDhDD
&lx&&~&a& HHHhHHHH
WWWWW~p.p. mmmmmmmm mmmmmmmm rlrlrlrlrlrlrlrl
H14dHhm&!X $RR882$2
mrlrlrlrlmrlo rlmmmmrlmm
dl m \ m wrl
\N mrl \ Ng
m\
\ www Ol ww - 0
w m mmm mad de OD a
dl W m-\.?\\\ mmm y mp.p. m
m a d\*bOINNN \44 w\
\ \Wdmm I NNN rlail w m\\p. \rl \am UIN
m awm4rl wm\\\ m\aa \ rlrlrlm Nil aN\U\8ilrlrlrldPmm44 - \rlrl\ \Nb w\
\aw4\mlmomt m4muwNz ~4p.daa\rlmYY 2 Zaa\ m\ dl ma
rlu\~ \oa-a aaam\a22 -a dam b~am a\
asNoarl,q~$~UuU' 422 y4auu \wu\ 1m2drlZil aw444rlmm00 dpaa44rl mZ4w
l=lo\z4 ~Z~~CJ;~;>;$I I I
mad u4 a f-m N aia~ I wluorlam U \2 0 4madod p.amp.~mm~mammm~uummm~odpoou~~~od 1ma\mu\mwm4mmm48 1mmma2mruo 444~4
w1urlwmrlmdprn NNN mmmmp.Uomp.~oa \dm\ m\ \u\\\urnm\\\4 P\OO uu\u
mrl \wm\rlm\rn~~~dp\\rlrl\ o-\\oarlrlrlrl NI
\\p.m\\m\dlp.m\\\mrlrl\\OOOWrlrlN400\0 mmm mm m. ~rlrlrl~\\mmrlO~ rlrl\U\\N\ 2w2$w2gwm$2deadem wwwmrloww\rlrl\wN .mm \\o dl ow m
NDN~DN~DU~INNN WMDDD \ODDNO\N~\ p.rlrlrlm~~nnndpm~nnrl\rl n~ rln>denwmnEdp\. .ynnBQde,demdepdp,pp.pde m\ Nde
~mmde~mn m4rldl m~deNc-amrl~rlmmNrlm~mo r101010101~ m\*'rlN orlw'rl IOO,dp,,,I ~~~A~~mwdwwwwwwLnw
rl
. &dede ~deDNcPi-lmdemKlUl
p;l-I-cnmm k I,, I *A:qBg
ul***mLnm dm""" mm 8~8~~~8"~~88888~~~~~~~~8~88~~~~ U
aaa~aaa4aaaaaaaaaaaa~aaaaaa~aaaa
2 s E!
I: ma i2: H4 28 $2 I
GI
\ wmw
\m I m\m
$$?
wrl nN
D*\ nmde l-0 :A? $I t-l H !X
v1 w e
E F
ma dl Egg
%%%%%%%%%bbb%%%%%%bb%%%%%%b%%b%%%%% ii m
wwwww~~p.p.mmmmmmmmmrnmmmmmoooooorlrlrlrlrl mmmmmmmmmmmmmmmmmmmmmmmmooooooooooo mmmmmmmmmmmmrnrnmmmmmmrnmmmooooooooooo
oauuumm&ama* ail m!Zd&&i-lUah>>U mUlPm
rlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlNNNNNNNNNNN
2BEEEEE$%E$$ERg,,,a =~~$$$asSssgnEmEE
mmm~mdlmmwmmmmmm~~~mrlrlmmp.~rlmp.odl~ow~m 00rlNNrlNrlNNrlrlOOrlNNNrlOOrlrlOOOrlONOOrlOrlN
W 12
rlc rl
E# !E i y
m~nm~mwwwwwmmmmm~~~w~~~~mmwwmmww~~~w mmmmmmmmmmmmmmmmmmmmmmmmmmmrnmmmmmmm mmmmmmmmmmmmmmmmmmmmmmmmmmmmmrnmmmmm rlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrl~rlrlrlrlrlrlrlrlrlrlrlrlrlrlrlrl
wau&u&m&&:p: &dam 2BE%E$E$$$EE2RRa,,a w22qz~ppgg~~~~gi~
mmoommwmwmmp.rlmmp.wrlw~mmmrlm~mp.om~owwrl NON~NNOrlNOOrlOO~ONNrlrlOrlrlONrlOONOrlrlOOO
CYLDVIYIYINW\D mmmmmmmm mmmmmmmm rlrlrlrlrlrlrlrl
AilHh &!X 5SS8XE%%
WdlWNmmmm rlNOOrl00~
e 0
W
I m 0 I m 0
m
4
~~-4m~w~wm-4mm0mmm0mmdmwwd~o m ET, -4No-4rloo-4NbmrlF.wmmw-4owNNmmmm o dddrlrl rl
kg rlrlrl 4rlrlrl4rlrlrl rlFI4rlrld4rl4rlrl4 4 ad ~~~M~~~~I~N~~~~~~N~~~VI~~~~ VI
obo~~m0w~mm~dowrlrlvowbo-4mvo rl 0woa0~oo~m~.awm~rlm-4ov)wo-4mmo m owbmw N om~mm w m
owo~.mm0m~.mm~.m~ww-4-4oo~.o-4mrlm m m00mmm0m-4m~-4~.woo~a0m~om~m~ o amwmm m m
'0 F.mowobo-4mwN-4rlN1dorlwomoNoww m t-ovm~ m In o.rm.ro b m 3' mu odowwmmo-4ov)N-4mdF.mmPNF.NoNF.o rl QB mmowmmw~.~.~-4mwmwdmrlmmorn~m-4m m rlmoom o m gffi F.mmOOmNmNmNNNdNmmNNNmNmv)1m 0 p.dbwo m d WrlON rl F.
H NNddrlrlddddrldd4dNddmwrlrlNNdN 0 dmw~ m m
v) ddN W d
m ........................... ...... 4J
........................... ......
........................... .....
o~.o~~m0w~mm~rlowdrl-4ow~o-4m-4o d owomomoo~m~mwm~dm-4omwo-4mao m owmmm N a
~0~~~~m~m-4~0p.mmo0~0mrlmm~~o -4 mmwm~wm~.r~mo~~m~w~w~m~mmo~ o ~omm -4
ovorlw rl m ........................... ...... B m 0wm~mm0m~.mm~m~ww-4~oodo~mdm N -4InWb m W ONdb N -4 N B ........................... I ~dmvbmwwmbmwv-4mb~dbmwomm~~. F. ~mm1nmm-4-4~.wmmw~rlrl-4rlm~mmmwoo m H BCOV ~N~NNNNN~~~~~NN~NNV~~~) u)
"I .. . 0 rl
... Nrl-4 b 0 rl . 9. N
zw mooo~doooooomoowoooooooooo m oommm o mwmommmmrlwmm-4~rlmwoom~mm~md m E3 rlNomNwmrlmwbw-4doNoNwm-4mw~wm m
BBBBBBBBBBBBBBBBBBBBBBBBBB dp BBBBB OF B d ommmm b 0Inmmm -4 -4 l-
ffi mmmmwwm~mmwInInm~In~wwmwmInmInw w -4mmm m m ........................... ......
00000000000000000000000000 0 00000000000000000000000000 0 ONbNO rl m
n ........................... ...... om-4arl -4 m
ii Q b
W m Bo? ffirl 0 affi 22 I: E: H4
c
g
9
H
U
00v)00000000000000000w00000 mo~mmmm~mam-4om~o~-4oorldvod~ momm~oo~mm~-4ommo-4-4om~~m~wm
~0-4rlmwwmmmdw0-4m0~d0mdd-4wm~ ~o~~oN~N~~~No~~-~o~~oooN~NN-~-~ aooooooomooooomoooodoooodm
..........................
........................ dNdrlrlddrl ddddd Nrlrl-4mrldNNdd - W clam a wacla A
wpl ad F. 2: i uay m 0 z wa 444 \ 0 882
w\ mu \ IJdaaaouz mu 14 m a\wda 4 0 !&8
dwwzoo\m\~daulmo mw\rlauozu mZ a'ZmZl>&z>jZo I
~amw~\m\z~uozmmmrl \ IONOO 002 $n~~g~d":n&z~z~~>~rn~~~~~z n8~\ mwbwt-bo~ammm ~d~nz~rl\rl w odp\~ ~mmr; \d\rldevlrl \\do
l-&awmrl~adp~. ~'PYIB .mwmo\d~rl\ OD ,WD 4 wmox~de * N~~P\D\ *(vwrl N
bwu mrnu rlhb v) *b4\Z Nv1 *DM
uuum H de NW u) ~mnmimmzw 4q~wna
HoH\~-s~m~~&wina-awHZ,*,, ffiaffirl U n
N ~~~uz&~z:5~~98?&8~~~>amz~9
mw wdz~8dow4zo\
~~~~~~n~n~~,~~B~~~~~~~~~~~
Old
\N
.mffinwde ffiyrl mm~w~m mub\ wow
~~~bUmO&OH ffiBz8~a8m~ffi~~mg~EE8~g~~ HA UUHU UOVlHUr!N DUXHDrOffi4g ffi 8W bh W
clB+2H'~~~~4sxaBs%'H C1ght44dB
i;ig&ffi wrnaffiffiuwffimffima~~;~mm. woo rnowow a~ass~,~$s.a~~'an~8aumuaam *EaV,
n~nn~w~ffi~~~asE~8a8~~8~~8~~ BBB~R~~~~~~E88~~E~~~s~~~~8
d W N
-4 -4 -4
m m
a
0 d
?
m-4oNw
o~mrld
rlmmot-
b0NN.r .....
brlWW0 WrlON
rlmNN dd
"..
6 0
E1 aA
ssax
EW!i%:
u u 48
gpj
W HO mau ~~nar~
~UHCIB
HZ,,,
ma BOHHH
fig444 ,uclaa
m b m
W N d
a N
a d ?
m 0 m
d d W
-4 m
rl
4
0 h
d
8 ri a w a * h BBBBBBBBBBBBBBBBBBBBBB~B~B E 00000 i? $? Ft m m
A
wwwww~~.~.~~.~mmmmmmmamooooorl mmammaammmmmmmmmmmmmoooooo w mmmmmmammaamamammaamoooooo apl dddrlddrlrlrlrldrlrlddrlrlrlddNNNNNN EH $8 ~$~ffff~~~~~~~~~~~a%~~$$$~8a aummaaaffi* Plum
rlmorlmrlmdmmdmmdmmmmmmmNmmrlm OOrlOdOrlOrlrlOd~OrlOddNNddrlrlOO
u FI
u g
g L-l P+
4
dff drldmmNNNNW-4mmW-4W-4mmmmW~InWW mmm~m~mmmmmmmmm~mmmmmmmmmm d !4w aammammmmmmmm~amama~ammamm -~""~""---~~~-~~~~~~~~ E p ~~~~~~~~~~~~~E~E~~~~~~E~~~
r, c( H ~~N~NNF.owwNoo-~NwN~~~~~~~o~~ NOONNNNNdrlNdrlrlNONd00NOONOd
6 Exhib: ' CITY OF CARLSBAD INVESTM T PORTFOLIO
AS OF APRIL 30,1996
CORPORATE NOTE RA TINGS
Investments Meeting the Current Investment Policy:
(Ratings must be AA or better bv both Moodv'sand S&P) Modified 2/13/96
ASSOC COW OF N A
Moody's - S&P
AA3 AA-
CHEVRON TRUST
DETROIT SEWER
GENERAL ELECTRIC CREDIT
KENTUCKYUTILITIES
NORWEST
PFIZER INC
SHELL OIL co
TOYOTA MTR CR
WAL-MART STORES
AA2
AAA
AAA
AA2
AA3
AAA
AA2
AAA
AA2
AA
AAA
AAA
AA-
AA-
AAA
AAA
AAA
AA
Investments Made Under a Previous Investment Policy (Ratings must be A or better)
Moody's - S&P
AMERICAN EXPRESS CREDIT AA3 A+
FORD MOTORS CREDIT A1 A+
PHILIP MORRIS A2 A
SOUTHERN CALIF ED A2 A+
UNITED TECHNOLOGIES A1 A+
Investments with Subsequent Chanees in Credit Rating *
Maturity Carrying Market
Moody's - S&P - Date Purchased Value Value
DIGITAL EQUIP BA1 BB+ 1 1 f 15/97 A2/A- 1,020,029 1,001,490
DONNELLY A1 A+ 12/01/00 AA3/AA- 1,137,151 1,086,810
* The City's Investment Policy allows the City Treasurer to determine the course of action that would correct exceptions
to the policy. All investments are paying interest at the required times. The principal of all investments are considered
secure. It is the intent of the City Treasurer to hold these assets in the portfolio until maturity unless the opportunity arises
to sell them at a gain.
CITY OF CARLSBAD INVESTMENT P db FOLIO
Exhib:
AS OF APRIL 30,1996
PERCENTAGE WEIGHTINGS BY CORPORATE NOTE ISSUER
Investments Meeting the Current Investment Policy (Percentage Less Than 5%) Modified 2/13/96
AMERICAN EXPRESS CREDIT
Investment Cost Percent of Portfo
1,023,770.00
ASSOCIATES COW NA
CHEVRON TRUST
DETROIT SEWER
DIGITAL EQUIP
DONNELLY
FORD MOTORS CREDIT
KENTUCKY UTILITIES
NORWEST
PFIZER INC
PHILIP MORRIS
SHELL OIL CO NOTES
SOUTHERN CALIF ED
TOYOTA MTR CR
UNITED TECHNOLOGIES
WAL-MART STORES
6,049,356.00
1,026,080.00
1,014,980.00
1,053,390.00
1,145,610.00
1,957,160.00
2,024,340.00
2,974,630.00
1,011,850.00
2,038,860.00
1,016,050.00
1,000,000.00
1,008,280.00
2,000,000.00
999,350.00
Investments Made Under a Previous Investment Policy (Percentage Limited to loo/,)
GENERAL ELECTRIC CREDIT
Investment Cost Percent of Portfc
12,100,555.00
Total Portfolio $14