TRANSMITTAL LETTER FOR BOARD MEETING OF JANUARY 21, 2010
COMMITTEE ON FINANCE
Mr. Richard Lanyon, Executive Director
Title
Report on investments purchased during December 2009
Body
Dear Sir:
Attached are reports indicating the investments which were made for the various District Funds during the month of December 2009.
During the month, 176 individual investments were made with a total par value of $440,900,000.00 at an average annual yield of 0.38%. The interest income to maturity of these investments is approximately $643 thousand.
Investments made included 52 items for a period of from 30 to 547 days with a par value of $155,900,000.00, invested at an average yield of 0.38%, and 124 items for less than 30 days (average 10 days) with a par value of $285,000,000.00 at an average yield of 0.38%.
Respectfully Submitted, Harold G. Downs, Treasurer, HGD:wns
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