HomeMy WebLinkAbout1996-11-05; City Council; 13880; REPORT ON CITY INVESTMENTS AS OF SEPTEMBER 30, 1996I v/
.
MTG. 1 I /05/96 REPORT ON CITY INVESTMENTS
RECOMMENDED ACTION:
Accept and file report.
ITEM EXPLANATION:
The City’s Investment Policy requires the City Treasurer to report to the City Council a
monthly basis the status of the City’s investment portfolio. This report is presentec
Council each month on the investments held.
In summary, the City’s investment portfolio as of September 30, 1996 is as follows:
Investment Portfolio (Cash and Securities)
Current Month Prior Month
Par Value
151,032,63: 153,632,717 Market Value (2)
153,020,20I 154,990,192 Book Value of Investments (1)
151,837,42( 153,788,659 Cost of Investments
152,856,60: 154,821,714
It I I I ~~~ ~
1
6% w a
z 9L 2
(1) Book value is cost adjusted for amortized premiums and discounts.
(2) Source of market values is First Interstate’s custodial report as of 9/30/96.
Month FWD Month FYTD
Of The Investment If
Held To Maturity
~~~
1
0 0
PAGE TWO OF AGENDA BILL NO. /3,8SV
Investment Performance
I
Average Life
[Years) Average Yield
July 1996
5.7; 1.55 September 1996
5.71 1.61 August 1996
5.71 1.62
I I
All investments have been made in accordance with the City’s Investment Policy adopted Jal
2, 1985 and last revised September 10, 1996. All investments were initially made in accorc
with the City’s Investment Policy. Events subsequent to the purchase might have resulted in
investments not being in compliance with the current policy. These events are typically a char
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 s
months.
EXHIBITS:
1. Investment Portfolio Breakdown By Book Value, Market Value, Cash Income, and Avc
Yield
2. Investment Portfolio Breakdown Of Maturities
3. Investment Report
4. Reconciliation of Fund Source to investment Portfolio
5. Corporate Note Ratings
6. Percentage Weightings By Corporate Note Issuer
7. Investments Held Separately - Quarterly Report
0 0 Exhibit
Ql 3 d
2
b4 nq
w k 8 *
0
0 I&
ow
H(r(
3
z
zis
$E$ G3 ej
&%
&4
EH
iE
44 u
4 8
2
k! 8 G
3 E3 3
T
T
%
R 3
L 2 3 * w c7 c
+ c
G
5
E s/ .$I k
5 I2 s
6
U g L L
i$
3;
26
uu
u*
.f: t 3
$& 91 .E
b w i jl
Y t Q) L L 6
2 4
3 z
0
0
0
Fr Y 0 *
u z 8 3
0 4
0 nq b7 nq E i e
W
c > * 0
2
8
5 G 5
L 0 .I k
5
3 C
Y $
2 L
u
0
0
d 8
31 8 G
0
0 9
0 8
0 9 0
0 8
00 09 vr
00 2
P
vr T
P 2
3 -
\o
3
3 G
00
4-l
'?
00 x
c'l Y d-
m
d ":
81 0
P :I
s
r:
m d
rn
s m c'l 2
oo~knggqol 00- *" B a- 0. 2 d
33 Pm 2' 0 mi vi'
VI -, *! c0 -3
3 00 0, M its:
00000w~O mmmmw CY m N zz$zz- \o, 3 4 w_ c'l
3 g_ En m 00- Fm 2- 0, Nmmm 3 m
@ 3
00zgz;z 84 P 3
'0, m :_ a! 3 ;! x * :- d d \o rl 2- =;I \a_ ici :- 3 m -!! a- mi Eizzc'l 3 m
69
0 0 0 In 00,
2 00-
3
c'l
m w N 3
3 R m
m m
m P
?
2- m
3 m 2
7 00
c'l
0 d
m t- w_
"1, -!
oc, ? 00 t-
00 0 3 c'l
m m
0,
3 69
0 0 $
13; 00,
3 00" m
m t-
t-* z 3 m
m 00
\o 00, "_ In
Q\ m
3 m
00 m
m_
3 c'l
!2 *-
",
0 c'l
3
4 b, d
c'l Q\ 3
0-
9 m
d m
3 69
k b bas 3
4 8 2ee2,sgz z 2
a
0 0 Exh ib i
9 z
F;r, 0 E
0
0 3
2 2
kg
E&
0-
Clc- E$
$g a b+ a %g ELI
3
E;
4?a
44 u
* b
g
q 2 2
8 'r
0 z
8 % a
8 z 2 e 3
T
k cq
F;r, 0 a k 0 Q & 3 8
SSSSSSSS 31 888:?% - SI -mm5 30 El SI
c;l 2 g
0 0 0 r- m
a 0'-
Ifl r-" N
3 2 r-" m x m
- m 9 2 9 m m
3 m 3 m
o\ c\1
d,
2 x N
", 3
7 2 d
~oooomroooo1
dl z2 $1 In
~.
2" $
5 z" "
0 w m
mooom~ooool cc "00 -mo\ 2 m-3 * Z" g 2-
rr) n
3 .. 5. 4'
w 4 -I
cc *
z
2
i
4
F-
0 0 0 m m 2
% 2
m m *" -" 3 co
r\l 3
10 r-
d I?
rn
urn
'",
3 m
00 m
*,
-?" Ki
P i
",
*L
0 c\1
3
7 3 d
k !pdmL75~ Lq< z
u L4 *5 c4
g
8 z
m m 3 00
m m
69
t
3
3 00
m P
c',
2
b3 r\l
s
2 ro"
x
69 d
10 hl 2 m
m
w
m,
r\
Y
s c r?
S 2 3
s 8 VI
S \9 - m
CA +I 2 g s
a, E
2
1 i
I
I
h
I
h
3
*I+
b s
G
m I
m 0 2 U % 0
G
0 Td A4 c6 0
s
a
\o m m rn
On
Cr)
k 6) s
6) a 6) v2
k 0
E
c,
2
0 0
IL 1 ca
+am am!! v** aa
c I@ E ii
mmn
s
(D
v)
1 -
............ ................
.................... .................
.......... ..........
s 0
0 c')
0 0
s: 0
ccf c)
04 I
tr! *H m 3 - u
h a
G
m I
0 E I m 0 5 H
(1 0 s:
0 Td
3
w m m +
On m
k $ E d)
Q d) rn
k 0
-c,
2
s
0;
F
F
2 3
v) a Q) c Is
v) Q)
0 S
Q)
.I
2 - a
Q) 'Ez a, L
L
v) Q)
0 2
Q) a
0 U
-w
.cI
L
'0 0
> S
)r O S
Q)
-
3 - mu OS 03 JL
Y S m" \ Q
Q)
Q) 3 cn Im Ea mI t I
s
G b
F
s
cb r
cy)
A4 ccf 0 8
I s
cd 0
cv
0 0 Exhibit
h - r v r v
rv)wmmv)v)mmmw-v)wwb~~m~mwwowv)~v)hhbbhhtv)m m v)mmwwb mmm~mwwh-otmw~~~~-m~-~~v)v)bmt~~m-~~o~- * rnbrv)mb 0- w- 0- m m m m m b w h- r-- 7- m- m- m- m- m. 0- m- m- m- m- w- T-~ r- co. b- m- m- I'. m- m- m- m- m- m- w- m m h- m m m Lq "7 c """""""""""""r r r
c EZ ZkI F 51
gw
I- 2 'I I- z
roowmoov)mwomooo~~wombooobm~moo~~oombm ooov)mooomoomooo~-wv)m~ooowv)~moo~~oomwo ~ooddoo~mwd~~dorj~wo~oooo~mrj~oommoom~~ woo-moor-mm~mth~~mwmmmooo-momoommoommm ~om~m~m~v)~w~w~v)~m~-~o~q~~o~-~qm~-~y~~o~o~t.m~m~o~v)~o~o~m~m~v)~~~~~~~o~ r-~v)~-mmw-v)~brv)ottw~mbmbwwv)wmm~mmv)m~~mtw mbtm~~rmmhv)-mw~v)v)v)v)mmmmw~~mo~-omo~~om 7- m- 7- 0- T- -- -- v). N- 0- N- UJ- m- w- v). N- N- N- 7- v) ~n N- N. v. -r. N. N- m. w- w- m- N. m. w- N. m- m- rrrNNNNrmrrNttNrrrr rrNNrrrNNrrrNrrr
~~~~~ooom~~mooo~~~~m~ooo~m~~oo~moom~m
mo~ommow~rb~tbotw~mv)mmmomo~v)oo-mooomo ~~~~~"~9~~~~~~"~"~~~f~~~"~~~4-"~~~~~~~~"~~"~~~~~~"~~~~~~~-.~~~~ ~v)rwwm-t~~b-~ttwmv)hv)moov)mocobmmmm~~m~~ bbtm~~rm~~~~mw~v)v)wv)mmoow~bwm~-mmo~mo~ -cor .-.-.- mr~v)tm~~~~---mmmt~~~ww~~rnw~mm
9~8~~~8~~~~k%~XX~~~~~~~~~~~~~8~~8X~~~
m 2 w
N N
b (0
b.
9
: m
d
v) '4
m t
ooomw-
omobmm L".m-?"m-*!
cut.moom n? 7 -- N. N. "
-?28w:p
N?v)row
mN*mmN
5EE2ZZ rjC5C5iujmo ~mbw~o 9 m- ". -. 9 0- owwmwo rn"twbcu rrrrrr
r r .?
z s.s.S3s.s.s.s.s.s.33s.s.s.s.s.s.Ss.s.s.s.SSs.Ss.~s.s.s.SSSSs. s. SSs.s.s.s.
D5u 4888~95589~68~9688R~~R~5~888~5888~~~~ g ZZR8$8
~~ thtv)~v)v)wv)wv)v)mv)v)v)v)v)v)~wwwmwwv)v)wwcowwwv)ww 221 "9"999"9"'""SNN'Nt"m~999"'4'4m9'999'm'm 2 ?'49h'4C9
w v)v)wv)v)v)
oomoooov)ooooo~ooooov)~ov)oooooooooooooo (I) mooomw "0""999"999"9999"99'm"h90909m99999999 9 ?00"?"
u)oN.-~~ o ~9~P8=89gzg~88~8~48~~P~~z~2R$~2888~8~ r 00wNmv)
NN r%."N"rN r x :z:3zz
gg ~~~ZKZX~XE~~XX8X~~gX~-~~~~~~~~XEXX~-~XX : zzy?$. B 81
gz e:l
mmommmoobbmmoooommov)~mmo~bw-mooooomom N m~mm~ m m 0- m- m- m- 0- v). m. m m m- f b- 0- 0- m m 0- -? w m m I-- 0- m 0- 0. me 0- om 0- 0- 0- m 0- m "rrNrN rgmNr r zu In
(D
Q) OOOOOOOOOOOOOOOOOOO~~OOOOOOOOOOOOOOOO m oooooo
0000000000000000000NN0000000000000000 * 000000 I-Q) 9999999999999999999h"9999999999990909
9999999999~.9999~.999Yy9999999999999999 0. 9~~~~~-~~~~ owoooooooooooooooooQQoooooooooooooooo m oowooo
0000000000000000000rr0000000000000000 2 888888
w m ns o~~~o~o~o~9o~~~o~o~o~o~f~~o~o~9o~o~~~~~~~~~~~~~~~~~~~~~.~~.~~~ e SSqSSS wz nu aJ obooooooooooooooooommoooooooooooooooo
rrrNNNNrmrrN1mNrrrr rrNNr-rNN-r-N-rr v) ONWmmN SF
wi r 0
9; is: w $ 2 . 3 cn
v)
E2 * s g 4 t
U e m
0 c s. z
m m .
C/ 0
W fn
Z* m 0e
w m~bm... .- wkFwggg $ mm S m v) YY 3
-la a z>wA::: z,,, E$ zqzh e m 44 .X e f 5 2 <zi $ -lqn-ly... s gJwv$ ~~zm+~~~gJ~q~ ~;,g~=~ sm S
5 og<~mzog'~y~<$$$joo~~~moo~--o:-l-I~~o
W
-I wm<< .&I$
h ~<~g+d= ?? $-l04WJJ-l ;<~JJ<<<~;~zz -~JJJ~ bszm2 -m
mr.
z -lO??ZQ<-l a;ys:o< gyoy4 ~<myyy5a~~g s++dgg? ozo~o<g~;-lz< mwswJ
r~om~m~w.o~~~$mm.. eGz8-00 <<XJ-
a 2 0 $m wr-oz??~$z~~~1m~~~~$$~~~~so??j88doo~$? pl~y~~~~~w[Hy20as.~~~~~~wy8~~~??~~~~-~ ..NO.
ha~hga~cwaw~Pa~~~rdww33~~~~-o-~~~Nh2s. 20~~S-o~~sm
okh"~~~~S'4N~~NNk~~q~~~~~~v)~~~~~s.~r(o-:~ wcn+*+dv)qm" uv)v)zzzNbb ..m<(Jww-&wwwwv)wo
~~i4iii~~~~4ii44~~~YY~~~~~~~~~~~~~44~
.-qSN3~m=q=~~~~~v)v)v)$~~a~~s.~~~~~,:s.~~~~ s.[H~rnqv)~qa~~~<~~zzzso~s.~~v):~~??~~N
+<m<mmmv)<m .~mm<~<<<dd~~<m~m<<m<<mm<<~
uuuuuuEuu~uuuuuuuuuuuu~uuuuu~uuuuuuu
6 . ln .- (owz $$W&
..ammm zz3:I.l.
S?Ezz~~ 228yGs aaoayy s.s.Es.aa 22Ngs.S
wwkcoww mmcnO?mu!
>>E>>> EEWK[H[H 330333 cnv)wcncncn $55444 KElY
H-~H-t cncnEmcnm 33F333 El d~dddd~ddd~~dd~~ddddddddddddddd~ddd~~
5 :I
KKIIIKKK ++++fi+
wwwhbbhbmmm~mmmmmmmmmmmmmoooooo~~~~~~
v)omtmmw~v)mv)mmmv)~~~m~~mm~~~~m~o~~ow~mm
~~~~~mmm~mmv)w~~rrr~mmmmo~mmor-~r-~~~m
c e~$e$eeg$e$eeggeee$$$$$~$????????????
ZW =N~~~~~2???=~??~222~~~~~????=~????=?=??~
(D(Dr.bbh
rrLnr0m
OONO" "0000
e$$$$$
mmrmmr
"rOOOOOOOOOOOOOOOOOooorooor"roooooo
......
E
5 F$$$$$$$$g$$$$e$e$$$$$~$$?$$$$$$$$$$e mNmwwwww(owmmv)mOtttwf~~~v)wv)wwv)~Wwwwwww v)lON(D(DU)
~~mmwmwma~rnh-mv)-w~wm~mmrrv)~mhom~oww~o mmmmmm ~mmmmm
t~m~m~mrnhwwfbbrr~~mmmm~v)mrrrrrrr~mmm .-0-0000000000000000000000000"0000000
...... gk ~~~~?=??????=??=cB?~P~~~~~2~~~??~==???~ orooro
00W"Ln "0000
...... 5 SI
z
0 0
- r v
Irg-gzz 8 t-ootu)m~P-mu)hmmtmou)NNmmmmmm m rrrrr -u)-(DN t m~u)~u)~b~tmmommmr~rmwu)-~omo q g ~~~~~~~~~~~~~~w.o~~-o-v~~.~~~-~~r.r.r.w~~~ "- 2-
rcr rrr rl-rrrrrrr7r"rr r
20
rrfa~a N ~~m~a~~~~~~~a~~ooa~orfmrfo~o a mm~ma K k".eq-?9 9 99".999~N"~"~N-f99~~9tmmO-" 9 t".O9N 9 gZ$p%~- 3 6~~88P~~zE8~88~~8g~8~Z~~~8 R4 GZ%SE % E5gmmC.t 2- ~~~.P-~9t~~*~"~"~N"~t-~-~P-~*~9-~~"~~~~~~~~~~. u)u)mmomoto~mtrP-mm~N~No~P-o-m Z Z2Z2Z 2 r~mm r u)rn~u)~-rm~-~tmwu)--~m~om~mtmm~ o r~omw b Wk-----O-N- 0- O-O-"N-m-----N-"N--~N-N-nN.t~N-N-m~N.----t-m-N-m. - tm-b-0-u)- -- WWN--Nrr 0 rrrrrNrrr-rr-N-N-u)--NN-N-- m z!Z m t 'ZN2 F; L
-tu)ou)
L--- I N
kcdrjcicdd ~mmmt
V)tN.-trn w a- -. a- N m g s z % 2-s-
%I
u) 2 m m-
c9
m t
N
N~~o~ocN~~o.-~~~ooco~o~~~oP-o
f~-b~~~mmt~m~-mo~mom-m~-~omm 9~~w~9~~m~~~-~~m~N-~-~-~~~P-~*.P-~m~N~m~-.o~P--o~~~ tcmu)u)u)mmbmtt-~-rm~-mu)o--~~-o~- ~mmtt-whwm~u)--r~-m~wmmu)oo~m DNmr NNNrNmmNmN"-NNtmmu)mm
~8~x~.?~~E~x~~~~88~98~~~~~x
"
u)
u) o!
m s
m
me
u)
r
mNNNu) =?:.?zz
LnlcNr.4.-
N- N-
r-m-
m E m k d
z ggggs 2 g~~ggggg~g~2~~~~~gg~~ggg~g g gg$$$ 5
t;$ddddd 2 4N9"'49v!9~'59NNv!qo!S49mq~om - 9kv!v!v! v! SEggssg P- o~-m~~-b-~~~-trmomo-~rnm~m-o- .- P-L~CO~CO t
z -u)u)-bmu)--u)-~b-u)wu)mu)----u)P-u) w Intmlnm Lo
v!999Y OOONO
nk6E88$! E z 9 rn m- (9 -. o=zz$ljj; ~Qmmmmo
z $
: m- m
00000000000000000000000000
000000m00000000000u)0000000 99999999999999999999999999
mmm~~-~~~mmm~~-~t~~o--to-~mm ~~"9~.P-~~~9mm~.~~~~~~~~~.~~~~m~~P-.*~~~~~~~~.~~ -mu)u)m~--mm-tomo-mom--tu)~~~- ro~~~mmm~rroboo~oo~m~~~~~m ooooomem~ooomoooo-oooo~mmm
0 9
0"
m
T- m
b r
0u)ou)o
NbO.-O RI-omo
9-7999
'x -. 0. rn 9 toomo rN0rnln .fCr)LOcD
N 2
t
P-
m '4
g $1" 7 7 r; " .-- " " " " " " " " " " " " *- " " " m- m- " " "
N ai 7- " m- 0- i m rrm
(D
Q) 00000 0 00000000000000000000000000 0 0u)Ou)O N
00000 0 0000000000000000000000~~~~ 0 N-Omo b c-a 888x8 2 xx8xxx8x8xx8xxxxxxx88x8xxx x ?7=.px 2
kz eJggggg 2 OOOOOOOOOOOooooooooooooooo o toomo m
>~r~rr m ---~-N----~~-N-oI~~ -NCU-N-~ m -m~m .-
WP
g z w~99999
?E
gz g
5: L 3 mu) mm 22 zz v) .. mm j v) (0
. 8j & de mo-l comg_lo ?$ -
~.~~~~~~~~~~~~~~~~~~~~~.~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 0- m-t-o-m.0. Q-
~~~~~~~~~~~-~o~~o~o~o~oo~o~o~o~o~mo~o~o.o~o~o~o~ % tm.b.0-u)- ; p~o~o~o~o~o~ E- OOOOOOOOOOOOOOOOOObOOOOOOO P- -Nom-
N m "m
zc-
-1 2 0 5 0 a3 L 3
Ss a-1 9 a w3 " 9<3 g I- Wb 3q-1 qq z 3 404 ,,o:z'g~g .
P-P-b ZZ&2 6-1 55 qg g.g.WZ&<lOlj s mmm i@y omo% OO"l8ZO';,j$ 0 < + b::: "WS)?$ OOzooOz gszzp€& Za I :;$ m~n~~~~$ pp~~~gg~~t
o,:zzzz ."GP-2f~$<pg$$&""" -4-~w~L3a$~b~N~u)~~~~~~~$!~P-~ w"~c~o=~~~~,q~q,NN~,~~w~~~
Szb+$x:y;%w nngwaz~~s~ozq
I-++N ~B~~)c~~s~~6~~ss~22uzi~-om~
$$$a5 Z~~~~~~~~~~~~~~~~~~~~s~~~~ PQ<,t I-+a>
$Eq "'"-l'Z~r~OeF~titi~==~~~~~~~~
z> wosZzGmm ~~3g~qOz,o w4 3cwww- &sw -
WZ$$$'
sw
%?~~nwm o .;$ oy2mm~sS -.to- FEzsZ
ooow sqq"3 "mmo ~~,~,smG-D-,~G,,&&<m 033xLh gmmlns hwwwm >.ooo-
au
~mm ;SF;;
sso,gr
+-aqa& p;
5zzz- v)v)v)v)>. 0bI-0w"v)30w hEILox~v!I--Eg.$s~~[L~~~~-~~~~~ $$w%%Ew5a [L -z[L SwSDO
zgzrr0
~~D=60-13-[LI-3Ev)v)Y00v)~zv)z[L0v)
3333+ ti~3~~~~~~aasa%%aaa%~~%~~~~ +c.LUUIl. v)lY--- EO444 ii0-1-IJ O-J~~~IY
W :I= [L [L [L E +I-+++ zzzzzzzzzzzzzzzzzzzzzzzzzz 00000000000000000000000000
g $e$$$ -wgF;F;;;F;
b~cbt-m u)~~-~~-~-~~-~-~-mmmmmmmmooooo~~~ mmmmmmmmmmmmmmmmmmoooooooo r----r---rr----rmmm~-m-m--
oo--mu)mm-~~-u)~~mtrnmm~u)rn~~mb
..........................
E&S;=;=i=S OrOrOO"rOO"OrONNrrrrOOrr
--000000--00r000000000r000
5"'oooo-
..........................
I- 8888Z B 2GL3SG E~u~~~~ .......................... --NNNu)u)NmtWOtu)mu)m-mu)u)mu)u)u)u) $$$$$$$P$$F$$$$$$$$$$$$$$$ t~~hotmu)~~to~u)~-t--~-m-o-mwo NNNNNONrrNrrNOrOOONOONOrNm o~rm~u)rnmt~~mt~ou)t~mm~~~mbm g,l000- -0000000000000-00-000~0000
> z
00000
0 0 Exhibit 1
Reconciliation of Fund Source to Investment Portfolio
As of September 30,1996
Cash Balance by Fund:
General
Special Revenue
Debt Service
Capital Projects
Enterprise:
Carlsbad Municipal Water District
Sewer Fund
Solid Waste
Golf Course Total
Internal Service
Redevelopment Funds
Trust Funds
Misc. Special Funds
13,338,939
7,945,762
2,788,615
58,817,406
23,474,926
24,035,132
64,912
1,027,957
48,602,926
9,790,766
5,538,279
6,785,160
0
Total General Ledger Balance 153,607,874
Amortization of discounts and premiums
Deposits in transit
Outstanding checks
Wire in/(out) not recorded
Other
Net adjustments per bank statement
(I ,554,138)
1,734,923
Total adjustments 180,785
Total Treasurer's Investment Portfolio 153,788,659
** Figures based on best estimate at the time report run on 10/7/96.
101231E
0 Exhibit
CITY OF CAFUSBAD INVESTMENT PORTFOLIO
AS OF SEPTEMBER 30,1996
CORPORA TE NOTE RATINGS
Investments Meeting the Current Investment Policy:
(Ratings must be AA or better by both Moody'sand S&P)
ASSOC COW OF N A
CHEVRON TRUST
DETROIT SEWER
DUKE POWER
FCC NATIONAL BANK
GENERAL ELECTRIC CREDIT
KENTUCKY UTILITIES
NORWEST
PFIZER INC
SHELL OIL co
TOYOTA MTR CR
WAL-MART STORES
Moody's
AA3
AA2
AAA
AA2
AA3
AAA
AA2
AA3
AAA
AA2
AAA
AM
- S&P
AA-
AA
AAA
AA-
AA-
AAA
AA-
AA-
AAA
AAA
AAA
AA
Investments Made Under a Previous Investment Policy (Ratings must be A or better) Prior to 2/13/96
Moody's - S&P
AMERICAN EXPRESS CREDIT AA3 A+
FORD MOTORS CREDIT A1 A+
SOUTHERN CALIF ED A2 A+
UNITED TECHNOLOGIES A1 A+
Investments with Subsequent Changes in Credit Rating *
Maturity Carrying Market
Moody's S&P Date - - Purchased Value - Value
DIGITAL EQUIP BA 1 BB+ 11/15/97 A2/A- 1,014,931 1,001,410
DONNELLY
UNION PACIFIC
A1 A+ 12/01/00 AA3/AA- 1,126,346 1,078,870
AA3 A 03/15/01 AA2/AA- 1,998,196 1,998,940
* 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 PORTFOLIO 0 Exhibit
AS OF SEPTEMBER 30,1996
PERCENTAGE WEIGHTINGS BY CORPOR4TE NOTE ISSUER
Investments Meeting the Current Investment Policv (Percentage Less Than 5%)
AMERICAN EXPRESS CREDIT
ASSOCIATES COW NA
CHEVRON TRUST
DETROIT SEWER
DIGITAL EQUIP
DONNELLY
DUKEPOWER
FCC NATIONAL BANK
FORD MOTORS CREDIT
KENTUCKY UTILITIES
NORWEST
PFIZER INC
SHELL OIL CO NOTES
SOUTHERN CALIF ED
TOYOTA MTR CR
UNION PACIFIC
WAL-MART STORES
Investment Cost Percent of Portfc
1,023,770.00
7,041,136.00
1,026,080.00
1,014,980.00
1,053,390.00
1,145,610.00
2,048,020.00
975,690.00
1,957,160.00
2,024,340.00
2,974,630.00
1,011,850.00
1,016,050.00
1,000,000.00
1,008,280.00
1,997,320.00
2,491,325.00
Investments Made Under a Previous Investment Policy (Percentage Limited to 10%) Prior to 2/13/96
GENERAL ELECTRIC CREDIT
Investment Cost Percent of Portf
9,108,300.00
Total Portfolio $1
0 e
a, 2
v) z
U aa, 52 g3
.- Q E 0 LC
0 Q
0
v)
-
b
CI
a c
.c,
L v)
ii
9 z
* 0
I- 2
E ii
c
I
* 0
I- 3,
ii
+
L ffl
a 0
UJ 0-
rc, v) S L I- n S m
Y c G
2
3j
G
.c, a
Q) m CI
.. c, C a 2 - 0 0 u) iE
Y k m
5
65
+ a, a, L
c a, m
0 :
T
0- hl m a
Y t m
5
tj
4- a, a, L
+ a, m
0 8 a a
Y c m
5
tj
c a, a, L
c. a, m
0 2 m
T-
Y C
m
tj
5
m
+ a, a, L
a, m +"
0 0
.- 0
S
0 !=
L - 8
b 0
v) =I
c,
c
CI
L v)
ii
.E .E .E fEf
335 000
k .k c 000
.E .E .E Eff
333 000
kkLc 000
ccc 000
.E .E .E .E .E fffff
3333% 00000
kkkkk ooooc
cccc'c ooooc
~~ e" 000 *** 000 222 +Fk
GLLU
++e E .g .gJ
000
ooco mmm
coco.? aam Ti"
999
0- N k
000 000
*" 0ffl0 +++ 222
iilLLL
+++ E .g .g
000 88&
NO0
aaa amhl
n! *- 0-
rr
+.'***c 0000cf 22222 I-++++ e++++- ._ E .g .gJ .g .g
u-ULLLLLL
00000 :8=?::
oawam
cobaac oarmr\ hl 7-
co_ a- "- b- r
m UJ 9 L"-
2:
7
t 0 P d
.. c, C a -2 8
0;
ii
0 v)
a, 3 - 3 L m n
2 L9! zm mn H
-0; a, 03
ms 322 UL
- C
u)
E U tl > C -
0 0
a 0-
%
0 0
a a co
0-
b Q
5 7
s b 2
0 0 != a,
1
S 2 0'
4 z
9 z
-0 C
c 3
2
I=
N,
2 a,
S 0
0
.-
I
E 0
0 nJ n
a 0
m 0-
a 0
UJ 0-
s z
5
U K 3 c 2 2 8 F
S 0 N
I 0
E 0
0 m
.- L
a
0 : 7
0- hl m a
0 2 r
0- hl m a
s z
4 Z
3 v)
._ 0 - a,
LL 0
0 8 a a
0 8 a a
4 z
4 z
3 v) 0 -
0 a,
LL
0 z m 7
0 : m
7
s z
4 z
3 0
.- 0 - a,
LL 0
00 00 CI ..
S a 2 - Q 0 to
L .-
000
hlaco mro
mma aaN
999
0- 7- 0-
ooooc Z8-??5
oamhln bcoa7r
ou5
I" 0-
mm
cor 0- "
c5lici
m- b- b-
~~~
barn
bb-
-4-b cocom a- b.- co- co- (c oarmn hl 7- -7 .. ..
7
zg x g y
0s: sg E ggs 0ug
n em
=Q)m
v) v)o 'E: Q)W a>L
00 22
mm bm
000 22:
oom
00- oom UJm
0- 0- b-
000 88&
000
ooa oohl hlhl
0- 0- 0-
ooooc y88g g z- E- g c ooooc -0hl-n NY"r
co- 7- Or rr
r
aa ee w-s ggz
"
am ma 2:s
QQZ 00
77
aaaa pW?s4
QQQQ?
"" 0000
T TT &4&&
UJ ?ZZZ
-4- 5s
$2 v S 0 a T
7Z R9
b
$$
m'd
00 m-
$$
m' d
00 mr
"8 K i
L $ 2
>, >, >
03 L
vu3
Z %% i2c c gE
0 .;
00: 25%
.E 0
21 m LLLLa
03 L
w %3 z *l= SS 00 0 2 .2 0 nu: 33%
21 m LLLL~
ma k 2s G
=g ;E 80 $5.; Eg5=$ 0
2s f
.+I c cu
<urn22 mz0 I 11.c zBr~ c LLLLLLLL~
c. Sr g5
zg am
a, '30 QLL
uc
3u.
-0
K3
LLY u+ti 55 a m U c 3a) u K U LL 5: U -0
3 a,
=os$; 28EErr. utcffl a, ffl 82
CLazz; c $2 3 c 3 S on:-LL LL LL ;% c>a,LLa, .- .*,ma, a, a, a,g v2$.+ ._ 3a,.g$ fflo 5 $ g-0 E+ ffl a, LLaE1E a, E f0 fflm
v) 7 LL E w 0 P
.
a 2 z v,
U
xa aa gz
U v)
0 0
.- Q
S
0 k
L - 8
y. 0
v) -w
a c
E c,
II LL
c, ..
E b a - Q 0 v) ii
a S - B L m n
._ m f 0 k m -
0
LC 0
v) C
2 I- r C ._ U
0 9
7
0 9
I-
O
7
9
._ m
0
m 0
E
._ L -
'c
+ 0
ffl 2 I-
ii ?? +
0 2
0 9 N
0 2
3 s
+ E
(I) a, > S - ._ 0 -
'0 a,
LL
00 gz
x
ow
0- - 0 b- 0-
00 99
0- r-
L"-
522
ow Ob
N
Q 0 .- L E a
2 m
E 999 g) or-r\l
aks 8
rc 0
Y
c, .. 000
(Dad
q- m I" - Ob
v) ii
00 gz
ow
Ob Ob
N
9 "
"?
$$$ .o .o .o 555 v)v)v) wwu KKK 333 LLLLLL - m5-z .z .g .s ssc
.c- .= .e 333
O(I)ffl ccc === zzz aa<
000
(DW" ObN
b- ma,
999
9 Ln b-
;- b
a-
Q 0 .- L E a
s
y. 0
Y
m .. c, E a 2 - Q 0 v) ii
000 %&$
ObN
b- ma, Ob
9 m b-
m-
c. v) z I- 2 m
0 .-
3 0 LL 9- ZEi .- + - c
0
3
ffl s
c
3 c m
.-
- ._
c
Ln 2
$ Ln-
2%
0
r
om 9nr
"- "- 22
Z% Ln-
om
bo a0
mw -b Ln-
9nr
"- "-
ga
P 9 c! $9 999 t. ga 2%
m
z z zz a, zzz 32
73% a a8 UL $ 3s $$$ %$
mnf
2
$$2 z zz zzz 22
A v + Q v) 2 *c 2+
mm z 2 f5 v)v)n 2 a2 0s = 992 3 uu CJg ._ c1 u 3 Q I-++ L E IO os 8 2 54-k m gs
u) EQ Cl a .- 3 Q mmm 0 3% E $E
a 2 a kz s v) a 2 4ir a aa< 2 EE
3 fflF
222 0 ._ 0 3 333
mmm s>
u)
S U
4-
> 2 zzz -
m c 0
S 0
Y Y
r I F rn 00 (D
*zc L 2; 5 I= g=s to v12; ,4 7JLL e g 2 z n G== oa, n SZ
xggs s g On@ $$$ c G
;csg.a 8X Q E gz ILc*)s[ra g rrE5 g EZ
r 3 3
00 00
0 .c, -w .- C .- 0 -0
c,
II
3
b= :aZ.k -w u;-E -w LE
a3 Q)
v) v)
0