Metropolitan Water Reclamation District of Greater Chicago - File #: 12-0084

• File #: 12-0084
• Version: 1
• Type: Report
• Status: Filed
• File created: 1/11/2012
• In control: Finance Committee
• On agenda: 1/19/2012
• Final action: 1/19/2012
• Title: Report on investment inventory statistics at December 31, 2011

Date	Ver.	Action By	Action	Result
1/19/2012	1	Committee of the Whole	Recommended	Pass
1/19/2012	1	Board of Commissioners	Published and Filed	Pass

TRANSMITTAL LETTER FOR BOARD MEETING OF JANUARY 19, 2012

COMMITTEE ON FINANCE

Mr. David St. Pierre, Executive Director

Title

Report on investment inventory statistics at December 31, 2011

Body

Dear Sir:

Attached are a report of Investment Inventory Statistics at December 31, 2011, and a summary of Financial Market Statistics for the fourth quarter of 2011.

The average interest rate of the investment inventory at the end of December was 1.05%, up from 0.90% at September 30, 2011. The total par value of the inventory was $992,629,402.51 at month-end.

The Federal Funds rate, a daily borrowing rate between banks, was 0.08% at month-end, up from 0.06% at September 30, 2011. The average yield on the benchmark 90-day Treasury Bill at December 31^st was 0.030%, while the District ending investment portfolio average interest rate was 1.05%, significantly greater than the benchmark for the portfolio. The average level of investment for the quarter was 100% of available funds, exclusive of required compensating cash balances.

Respectfully Submitted, Mary Ann Boyle, Treasurer, MAB:wns

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