My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Information #1 10-16-2023
ElkRiver
>
City Government
>
City Council
>
Council Agenda Packets
>
2021 - 2030
>
2023
>
10-16-2023
>
Information #1 10-16-2023
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/13/2023 10:13:14 AM
Creation date
10/12/2023 8:10:59 AM
Metadata
Fields
Template:
City Government
type
SR
date
10/16/2023
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
3
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
0.00%1/3/23 Treasury Yield Curve 30 yr20 yr10 yr7 yr5 yr3 yr2 yr1 yr6 mo3 mo1 mo6.00%5.00%4.00%3.00%2.00%1.00% <br /> <br /> <br /> <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, as of 9/30/23 the two-year T-bill was at 5.03%, up from 4.87% at 6/30/23. Our current <br />portfolio yield is roughly 5.42%. <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 5.313% with daily withdrawal privileges. It is important the city <br />maintains a strong diversified portfolio prioritizing safety, liquidity, and flexibility in this market <br />environment. <br /> <br />Attachments <br />Investment summary <br />
The URL can be used to link to this page
Your browser does not support the video tag.