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Reso 2021-158 City Council Investment Report
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Reso 2021-158 City Council Investment Report
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Last modified
12/21/2023 1:49:13 PM
Creation date
11/30/2021 2:58:11 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
11/15/2021
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8F Consent 2021 1115
(Approved)
Path:
\City Clerk\City Council\Agenda Packets\2021\Packet 2021 1115
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It CHANDLER <br />ASSET <br />�® IL MANAGEMENT <br />Portfolio Characteristics <br />9/30/2021 6/30/2021 <br />LAIF - City Pool $57,082,186 $74,523,467 <br />LAIF - Successor Agency 28,227 28,204 <br />Passbook/Checking Accounts 10,098,033 14,153,126 <br />Total LAIF and Bank Accounts $67,208,446 $88,704,797 <br />Investment Portfolio Market Value $111,323,149 $111,272,997 <br />Total Market Value $178,531,594 $199,977,794 <br />LAIF Quarterly Apportionment Rate <br />0.24% <br />0.33% <br />2 year US Treasury Yield to Maturity <br />0.28% <br />0.25% <br />5 year US Treasury Yield to Maturity <br />0.98% <br />0.87% <br />Investment Portfolio: <br />Average Maturity (yrs) <br />1.87 <br />1.94 <br />Modified Duration <br />1.80 <br />1.87 <br />Average Book Yield <br />1.21% <br />1.35% <br />Average Yield to Maturity at Market <br />0.35% <br />0.33% <br />Average Quality S&P/Moody <br />AA+/Aa1 <br />AA/Aa1 <br />Portfolio Activity <br />Several securities were added to the portfolio allocation during the quarter, all at the longer end of the <br />maturity distribution. The purchased securities ranged in maturity from July 2024 to November 2025. One <br />security was sold, one was called, and multiple securities matured to facilitate the new holdings in the <br />portfolio. <br />
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