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07
City of Pleasanton
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CITY CLERK
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2009
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050509
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07
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5/1/2009 11:30:07 AM
Creation date
5/1/2009 11:30:06 AM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
5/5/2009
DESTRUCT DATE
15 Y
DOCUMENT NO
07
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CURRF,NT INVESTMENT STRATEGY: <br />As interest rates have declined signiYicantly, Pleasanton has currently shortened the investment <br />term on new investment purchases. "This strategy will allow the City to reinvest more cash when <br />interest rates start to rise again. The City continues to invest in a mix of government agency and <br />treasury securities as excess cash is available. <br />
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