My WebLink
|
Help
|
About
|
Sign Out
10
City of Pleasanton
>
CITY CLERK
>
AGENDA PACKETS
>
2022
>
111522
>
10
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/9/2022 12:42:04 PM
Creation date
11/9/2022 12:27:28 PM
Metadata
Fields
Template:
CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
11/15/2022
DESTRUCT DATE
15Y
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
23
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Sector Allocation* <br /> • 0.4% ■ 0.3% <br /> ■ 7.4% <br /> •Certificates of Deposit- Bank <br /> a 18.5% •LAIF <br /> ■Medium Term Notes <br /> •Federal Agency Issues-Coupon <br /> 2.4% ■Federal Agency Issues-Callable <br /> 71 i <br /> ■Supranationals <br /> *Based on Market Value <br /> RETURNS ON ASSETS <br /> As of September 30, 2022 <br /> Effective rate of return: 1.24% <br /> COMPARATIVE MARKET RATES HISTORICAL RATES OF RETURN: <br /> (September 30, 2022) City of Pleasanton Pool <br /> Three Month Treasury Bill 3.33% September 30, 2018 1.63% <br /> Six Month Treasury Bill 3.92% September 30, 2019 2.18% <br /> One Year Treasury Bill 4.05% September 30, 2020 1.74% <br /> Two Year Treasury Note 4.22% September 30, 2021 1.32% <br /> The Federal Reserve had raised interest rates over the last several months and resulted <br /> in higher comparative market rates. Most of the securities in the City's investment <br /> portfolio were purchased before the rate hikes, and the overall investment return is <br /> expected to be lower than the market rates in the near term. As securities mature and <br /> funds are reinvested, the City will be able to achieve higher investment returns. <br /> SAFEKEEPING OF SECURITIES: <br /> As of September 30, 2022, the entire portfolio, exclusive of money market accounts <br /> and LAIF was held in third party safekeeping for the benefit of the City of <br /> Pleasanton at Bank of New York Mellon. Bank of New York Mellon is a contractual <br /> agent for the City of Pleasanton. <br /> COMPLIANCE WITH STATE LAW AND INVESTMENT POLICY: <br />
The URL can be used to link to this page
Your browser does not support the video tag.