My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
02-20-08 Special Called Regular Meeting of Fiscal Affairs Committee minutes
LaPorte
>
City Secretary
>
Minutes
>
Fiscal Affairs Committee
>
2000's
>
2008
>
02-20-08 Special Called Regular Meeting of Fiscal Affairs Committee minutes
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/24/2017 1:39:35 PM
Creation date
3/21/2025 2:34:53 PM
Metadata
Fields
Template:
City Meetings
Meeting Body
Fiscal Affairs Committee
Meeting Doc Type
Minutes
Date
2/20/2008
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
156
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
<br />The overnight rate set by the Fed has decreased. The most current overnight rate was set on March 18,2008 <br />at 2.25%. At the end of the second quarter, the City's portfolio consisted of 87% of the portfolio maturing <br />overnight (see graph below). 13% of the City's portfolio matures in 12-24 months. <br /> <br />By Investment Maturity <br /> <br />13% <br /> <br /> <br />87% <br /> <br />. Overnight <br /> <br />. 12-24 Months <br /> <br />Currently, the 3-month T-Bill is at 1.70%; 2-year, at 1.61%; 5-year, at 2.48%; and, the 20-year is at 4.37% <br />(see yield curve below). <br /> <br /> Yield Curve <br />5.00% <br />4.00% <br />3.00% <br />2.00% <br />1.00% <br />0.00% <br />3mon 6mon 1 yr 2 yr 5 yr 10 yr 20 yr <br /> <br /> <br />Treasury Bills <br /> <br />- 3 months ago - current <br /> <br />The overnight rate is currently at 2.25%. We will continue to focus on laddering the portfolio to maintain a <br />constant cash flow and a liquid position. <br /> <br />2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.