Metropolitan Water Reclamation District of Greater Chicago - File #: 10-0044

• File #: 10-0044
• Version: 1
• Type: Report
• Status: Filed
• File created: 1/14/2010
• In control: Finance Committee
• On agenda: 1/21/2010
• Final action: 1/21/2010
• Title: Report on investment inventory statistics at December 31, 2009

Date	Ver.	Action By	Action	Result
1/21/2010	1	Committee of the Whole	Recommended	Pass
1/21/2010	1	Board of Commissioners	Published and Filed	Pass

TRANSMITTAL LETTER FOR BOARD MEETING OF JANUARY 21, 2010

COMMITTEE ON FINANCE

Mr. Richard Lanyon, Executive Director

Title

Report on investment inventory statistics at December 31, 2009

Body

Dear Sir:

Attached is the report of Investment Inventory Statistics at December 31, 2009.

The average interest rate of the investment inventory at the end of December was 0.74%, down from 0.86% at September 30, 2009. The total par value of the inventory was $991,742,428.08 at month-end.

The Federal Funds rate, a daily borrowing rate between banks, was 0.11% at month-end, up from 0.09% at September 30, 2009. The average yield on the benchmark 90-day Treasury Bill at December 31^st was 0.11%, while the District ending investment portfolio average interest rate was 0.74%, significantly greater than the benchmark for the portfolio. The average level of investment for the quarter was 100% of available funds.

Respectfully Submitted, Harold G. Downs, Treasurer, HGD:wns

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