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HomeMy WebLinkAboutAgenda Report #2 6-15-87 Inv. SDATE: TO: FROM: SUBJECT: MAY 31, 1987 ~HONORABLE MAY AND MEMBERS OF THE CITY COUNCIL FINANCE DEP~i INVESTMENT SCHEI)ULE AS OF May 31, 1087 AGENDA CITY INVESTMENT SCHEDULE WITH MATURITIES 12 MONTHS OR LESS TYPE BANK/AGENCY INT. RATE TCD Cal.Fed. S & L 6.90 TCD Delta Savings & Loan 8.30 TCD Long Beach S & L 7.00 TCD Household Bank 7.10 TCD City Thrift & Loan 8.25 TCD First Federal Savings 6.65 TCD Pacific Savings Bank 7.65 TCD Centennial S & L 8.00 TCD Gateway S & L 8.00 TCD So. California S & L 7.80 TCD Del AmD Savings & Loan 7.75 TCD American S & L 7.70 TCD Flagship S & L 8.00 TCD Butterfield 7.75 TCD County Savings Bank 7.75 TCD American Diversified 7.50 TCD Beverly Hills S & L 7.15 TCD Imperial S & L 7.12 TCD Sterling S & L 7.00 TCD Home Thrift & Loan 7.50 TCD City Federal S & L 6.63 TCD Founders S & L 7.25 TCD Bell S & L 7.50 TCD Farmers S & L 7.50 TCD MT. Whitney S & L 9.00 TCD Ramona S'& L 7.88' PUR. DATE 05-29-87 03-17-87 04-20-87 04-27-87 04-30-87 05-07-87 06-03-86 06-09-86 07-01-86 07-03-86 07-07-86 07-08-87 07-09-86 07-29-86 07-31-86 12-12-86 12-16-86 01-05-87 03-17-87 02-23-87 04-01-87 04-06-87 04-10-87 04-15-87 05-15-87 05-20-87 MATURITY DATE 06-05-87 03-16-88 10-19-88 04- 30- 88 04-30-88 11-03-87 06-05-87 06-09-87 07-01-87 07-03-87 07-07-87 07-08-87 07-09-87 07-29-87 07-31-87 12-12-87 12-16-87 02-09-88 03-17-88 08-22-88 10-01-87 04-05-88 04-11-87 10-11-87 05-16-88 06-13-88 AMOUNT 1,500,000 100,000 100,000 98,000 100,000 100,000 100,000 100,000 99,000 100,000 100,000 200,000 99,000 100,000 100,000 99,000 99,000 100,000 100,000 100,000 99,000 99,000 95,000 99,000 95,000 98,000 m opl Investment Schedule May 31, 17 Page 2 CITY INVESTMENT SCHEDULE WITH MATURITIES 12 MONTHS OR LESS TYPE BANK/AGENCY INT. RATE PUR. DATE TCD Cal America S & L 8.00 04-29-87 TCD Eureka S & L 7.50 04-30-87 TOTAL MATURITY DATE 04-28-88 04- 30-88 AMOUN' 98,000 .98~000 $ 4'"275,000 Savings: Bank of America 4.70 Local Agency Investment Fund: 7.04 City AD 85-1 TOTAL CITY INVESTMENT WITH MATURITIES 12 MONTHS OR LESS Legend: TCD - Time Certificate of Deposit REPO - Repurchase Agreement BA - Banker Acceptance CP - Commercial Paper 12,446 5,000,000 28 ~ 000 ~ 000 $37,287,446 Investment Schedule May 31, 1987 Page 3 CITY INVESTMENTS WITH MATURITIES IN EXCESS OF 12 MONTHS Pool/ Purchase Original Coupon Agency Group Date Amt. Invested Rate Maturity Price Current Yield Lincoln S&L Neg. CD 12-14-84 $ lO0,O00 11.85 12-19-89 Crocker Bank Neg. CD 06-21-85 105,875 12.75 09-08-87. Valley Fed. Neg. CD 06-27-85 lO1,500 10.50 03-22-88 Sears Bank Neg. CD 06-19-85 lO0,O00 9.60 06-19-89 Columbia S&L Neg. CD 10-23-85 lO0,O00 8.29 04-20-89 Farmers S&L Neg. CD 11-08-85 100,000 9.75 11-17-89 Fed. Farm Credit Bank Notes 09-02-86 200,000 ll.50 01-20-92 Fed. Home Loan Notes 09-02-86 250,000 ll.20 01-25-90 Fed. Farm Credit Bank Notes 09-04-86 600,000 7.55 04-22-91 FNMA Capital Debentures 09-10-86 300,000 9.10 12-10-90 100.50% 105.88 102.00 100.50 100.00 100.00 117.38 113.63 102.13 107.63 11.85% 9.72 9.85 9.60 8.29 9.75 7.51 6.65 7.00 6.99 TOTAL CITY INVESTMENTS WITH MATURITIES IN EXCESS OF 12 MONTHS TOTAL ALL CITY INVESTMENTS Legend: FHLMC - Federal Home Loan Mortgage Corporation GNMA - Government National Mortgage Association FNMA - Federal National Mortgage Association SBA - Small Business Administration Neg. CD - Negotiable Certificate of Deposit Investment Balance 100,000 105,875 101,500 100,000 100,000 100,000 234,750 · 284,063 600,000 322,875 $ 2,049,063 $39,336,509 Current Market 103.25% 105. O0 102.50 101.00 102.00 1 O3.OO 109.80 106.26 9.6.20 lO1.40 Investment Schedule May 31, ~ Page 4 TYPE BANK/AGENCY REDEVELOPMENT AGENCY INVESTMENTS WITH MATURITIES 12 MONTHS OR LESS INT. RATE PUR. DATE MATURITY DATE AMOUNT TCD TCD TCD TCD TCD TCD TCD TCD TCD TCD TCD TCD TCD TCD TCD TCD Delta Savings & Loan County Savings Bank Southern Calif. S&L City Thrift & Loan First Federal Savings Golden Coin Fed. S&L Hawthorne S&L Butterfield S&L American S&L Farmers Savings Bank 1st Republic Thrift Gateway Savings Bank Beverly Hills S&L City Federal S & L Cal America S & L Ramona S & L 6.80% 03-18-87 03-16-88 6.88 03-31-87 03-30-88 6.50 04-02-87 10-O1-87 8.25 04- 30-87 04- 30-88 7.65 05-06-86 05-06-87 7.50 06-17-86 06-17-87 8.13 07,08-86 07-08-87 8.00 07-08-86 07-08-87 7. O0 10-02-86 10-02-87 7.60 04-20-87 11-06-87 7.00 12-01-86 12-01-87 7.25 12-04-86 12-04-87 7.15 12-16-86 12-16-87 6.63 04-01-87 10-01-87 8. O0 04- 29-87 04- 28-88 7.88 05-20-87 06-13-88 Total TCD' s Local Agency Investment Fund: 7.04 TOTAL RDA INVESTMENTS WITH MATURITIES 12 MONTHS OR LESS Legend: TCD - Time Certificate of Deposit CP - Commercial Paper $ 100,000 100,000 98,000 100,000 100,000 100,000 100,000 lO0,O00 lO0,O00 99,000 lO0,O00 99,000 99,000 99,000 98,000 98~000 $ 1,590,000. 2~,657~000 $ 4,247,000 Investment Schedule May 31, 1987 Page 5 REDEVELOPHENT AGENCY INVESTMENTS WITH MATURITIES IN EXCESS OF 12 HONTHS Pool/ Purchase Original Agency Group Date Amt. Invested CoUpon Rate Maturity Price FNMA 3844 12-31-85 409,203 12.75 09-13-13 106.50 Columbia S&L Variable Rate CD 10-20-86 100,000 Varies 08-31-89 lO0.O0 TOTAL RDA INVESTMENTS WITH MATURITIES IN EXCESS OF 12 MONTHS TOTAL ALL RDA INVESTMENTS Current Yield 10.43 6.76 Investment Balance $ 83,442 1 O0,000 $ 183,442 $ 4,430,442 Current Market 115.10 100. O0 TOTAL INVESTMENTS FROM ALL SOURCES $ 43,766,951 Legend: FHLMC GNMA FNMA SBA Neg. CD - Federal Home Loan Mortgage Corporation - Government National Mortgage Association -Federal National Mortgage. Association - Small Business Administration - Negotiable Certificate of Deposit Investmer May 31, .l_ Page 6 lhedule MAY LONG BOND SALES ACTIVITY _CITY ..... - Agency Group Pool Purchase Date Sale Date Buy Price Principal Principal Sell Balance Return Price At Sale Frm Sale Gain (Loss) Yield While Held No Activity in May May LONG BOND SALES ACTIVITY _ CITy i iii i ii _ I II I~ No Activity in May