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INFORMATION #2 10-21-2019
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INFORMATION #2 10-21-2019
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10/17/2019 4:09:15 PM
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10/21/2019
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0.00%30 yr20 yr10 yr7 yr5 yr3 yr2 yr1 yr6 mo3 mo1 mo3.00%2.50%2.00%1.50%1.00%0.50% <br />Treasury Yield Curve <br />payments. We also build in a reserve balance maintained in money market accounts in case of <br />unexpected expenditures. <br /> <br />The Treasury Yields have declined from the second quarter of 2019 and is a function of a number of <br />factors including low inflation and slower economic growth. The best investment option continues <br />to be credit quality certificates of deposits (CD’s). Three-month notes are yielding 1.88% and the 10- <br />year notes are 1.68%. <br /> <br /> <br /> <br /> <br /> <br />Cities generally use a short-horizon benchmark such as the two-year Treasury Bill or some similar <br />measure, currently at 1.63% which is a decrease from 1.75% the previous quarter. Our current <br />portfolio yield is roughly 2.48%, which is greater than the treasury yield benchmark. <br /> <br />Our primary reserve account is our 4M Fund which is a money market account where many cities <br />pool their funds. It currently yields 1.67% with daily withdrawal privileges. The city strives to <br />maintain a strong diversification portfolio so liquidity and exposure risk are reduced. <br /> <br />Attachments <br /> Investment summary <br />
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