TRANSMITTAL LETTER FOR BOARD MEETING OF FEBRUARY 18, 2010
COMMITTEE ON FINANCE
Mr. Richard Lanyon, Executive Director
Title
Report on investments purchased during January 2010
Body
Dear Sir:
Attached are reports indicating the investments which were made for the various District Funds during the month of January 2010.
During the month, 94 individual investments were made with a total par value of $321,766,484.04 at an average annual yield of 1.52%. The interest income to maturity of these investments is approximately $13 million.
Investments made included 55 items for a period of from 30 to 1,447 days with a par value of $136,681,484.04, invested at an average yield of 2.82%, and 39 items for less than 30 days (average 8 days) with a par value of $185,085,000.00 at an average yield of 0.56%.
Respectfully Submitted, Harold G. Downs, Treasurer, HGD:wns
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