Embed Size (px)
Citation preview
1
C a l i f o r n i a A s s o c i a t i o n o f J o i n t P o w e r s A u t h o r i t i e s A c c r e d i t e d w i t h E x c e l l e n c e s i n c e 1 9 9 2
P.O. Box 706 W i l lows , CA 95988 Phone (530) 934-5633 Fax (530-934-8133 www.gs rm a.org
M E M O R A N D U M
DATE: July 22, 2016
TO: Golden State Risk Management Authority Member Agencies
FROM: Scott Schimke, ARM
RE: Quarterly Pooled Investment Fund Report as prescribed by
California Government Code Section 53646 for the Quarter ending
June 30, 2016
COPY: Golden State RMA Board of Directors
Included in this report are the Portfolio Summary and the Portfolio
Details reports prepared by our investment advisor at CSAC Excess
Insurance Authority as well as Portfolio Cash statements.
The report titled “Portfolio Details” show the issuer, date of maturity,
par value, cost or dollar amount invested, market value and yields for
each security. The market values were obtained from the IDC’s pricing
system. We believe that market values have been obtained from
reliable sources, but we cannot guarantee these values.
A comprehensive Investment report is presented at each meeting of
the Board of Directors. The Board reports include an evaluation of the
portfolio’s performance, a comparison of the performance compared to
selected benchmarks, an update of current market changes and
trends, and the current investment strategy.
Based on the Portfolio Summary Report, there were no items out of
compliance with the GSRMA Investment Policy. During the past quarter
we continued to provide adequate liquidity to meet the cash flow needs
of the Pool. We believe that the balances in our LAIF and insured liquid
investment accounts together with cash flows generated from the
other reported investments are sufficient to meet the Authority’s
expense requirements for the next six months.
2
C a l i f o r n i a A s s o c i a t i o n o f J o i n t P o w e r s A u t h o r i t i e s A c c r e d i t e d w i t h E x c e l l e n c e s i n c e 1 9 9 2
P.O. Box 706 W i l lows , CA 95988 Phone (530) 934-5633 Fax (530-934-8133 www.gs rm a.org
3
C a l i f o r n i a A s s o c i a t i o n o f J o i n t P o w e r s A u t h o r i t i e s A c c r e d i t e d w i t h E x c e l l e n c e s i n c e 1 9 9 2
P.O. Box 706 W i l lows , CA 95988 Phone (530) 934-5633 Fax (530-934-8133 www.gs rm a.org
GOLDEN STATE RISK MANAGEMENT AUTHORITY
Treasury Report
June 30, 2016
Table of Contents
I. Portfolio Summary
The portfolio summary provides summary totals by class of
investment. The Par Value equals the amount paid for each
investment. The market values were obtained from the IDC’s pricing
system, a widely accepted pricing service. The Fiscal Year To Date –
Current Year equals the fiscal year to date income for the portfolio.
II. Portfolio Details
The portfolio details report shows the current securities in the portfolio.
The Par Value is the value at maturity. The Market Value is the
estimated value of the securities if they were to be liquidated as of the
date of the report. The market value for each class of investment
includes accrued interest or the income earned for each security since
the last coupon date. Within the description column for each security is
the stated yield rate, yield to maturity and the maturity date.
III. Portfolio Cash
These include summary reports from the State Treasurer, Local
Agency Investment Fund (LAIF) and any financial institutions holding
FDIC insured funds.
AC
CO
UN
T S
UM
MA
RY
Beg
. V
alu
es
as o
f 5/3
1/1
6E
nd
Valu
es
as o
f 6/3
0/1
6
Mark
et
Valu
e11,8
04,5
11
11,8
70,4
49
Accru
ed
In
tere
st
41,0
79
34,8
03
To
tal
Mark
et
Valu
e11,8
45,5
90
11,9
05,2
52
Inco
me E
arn
ed
10,1
53
10,2
28
Co
nt/
WD
0
Par
11,7
54,5
86
11,7
68,9
53
Bo
ok V
alu
e11,7
84,7
56
11,8
02,6
30
Co
st
Valu
e11,8
63,0
44
11,8
85,2
43
TO
P I
SS
UE
RS
Issu
er
% P
ort
foli
o
Govern
ment
of
United S
tate
s22.8
%
Federa
l H
om
e L
oan B
ank
16.9
%
Federa
l N
ational M
ort
gage A
ssoc
13.0
%
Federa
l H
om
e L
oan M
ort
gage C
orp
12.8
%
Federa
l F
arm
Cre
dit B
ank
5.1
%
Wells
Farg
o C
orp
4.4
%
Genera
l E
lectr
ic C
o4.3
%
IBM
Corp
4.2
%
83.5
%
PO
RT
FO
LIO
CH
AR
AC
TE
RIS
TIC
S
Avera
ge D
ura
tion
1.7
2
Avera
ge C
oupon
1.4
3 %
Avera
ge P
urc
hase Y
TM
1.0
4 %
Avera
ge M
ark
et
YT
M0.7
9 %
Avera
ge S
&P
/Moody R
ating
AA
/Aa1
Avera
ge F
inal M
atu
rity
1.8
1 y
rs
Avera
ge L
ife
1.7
5 y
rs
CR
ED
IT Q
UA
LIT
Y (
S&
P)
MA
TU
RIT
Y D
IST
RIB
UT
ION
SE
CT
OR
AL
LO
CA
TIO
N
PE
RF
OR
MA
NC
E R
EV
IEW
To
tal
Rate
of
Retu
rnC
urr
en
tL
ate
st
Year
An
nu
ali
zed
Sin
ce
As o
f 6/3
0/2
016
Mo
nth
3 M
on
ths
To
Date
1 Y
r3 Y
rs5 Y
rs10 Y
rs1/3
1/2
015
1/3
1/2
015
Gold
en S
tate
Ris
k M
anagem
ent
0.5
0 %
0.4
7 %
1.4
6 %
1.5
7 %
N/A
N/A
N/A
1.2
1 %
1.7
2 %
BA
ML 1
-3 Y
r U
S T
reasury
/Agency I
ndex
0.5
9 %
0.5
2 %
1.4
2 %
1.3
1 %
N/A
N/A
N/A
1.0
4 %
1.4
8 %
Po
rtfo
lio
Su
mm
ary
As o
f 6/3
0/2
016
Go
lden
Sta
te R
isk M
an
ag
em
en
tA
cco
un
t#10266
Execution T
ime:
7/3
/2016 1
2:4
7:3
1 P
MC
handle
r A
sset
Managem
ent
- C
ON
FID
EN
TIA
LP
age 1
Ho
ldin
gs R
ep
ort
As o
f 6/3
0/1
6
Go
lden
Sta
te R
isk M
an
ag
em
en
tA
cco
un
t#10266
CU
SIP
Secu
rity
Descri
pti
on
Par
Valu
e/U
nit
sP
urc
hase D
ate
Bo
ok Y
ield
Co
st
Valu
eB
oo
k V
alu
eM
kt
Pri
ce
Mkt
YT
MM
ark
et
Valu
eA
ccru
ed
In
t.%
of
Po
rt.
Gain
/Lo
ss
Mo
od
y/S
&P
Fit
ch
Matu
rity
Du
rati
on
AB
S
43814N
AB
1H
onda A
uto
Receiv
able
s 2
016-1
A2
1.0
1%
Due 6
/18/2
018
90,0
00.0
002/1
6/2
016
1.0
2 %
89,9
91.0
189,9
92.3
6100.0
60.9
2 %
90,0
57.9
632.8
30.7
6 %
65.6
0N
R /
AA
AA
AA
1.9
70.7
1
47788M
AB
6John D
eere
Ow
ner
Tru
st 2016-A
A2
1.1
5%
Due 1
0/1
5/2
018
130,0
00.0
002/2
3/2
016
1.1
5 %
129,9
99.6
1129,9
99.6
6100.0
91.0
4 %
130,1
21.0
366.4
41.0
9 %
121.3
7A
aa /
NR
AA
A2.2
90.7
9
89231U
AD
9T
oyota
Auto
Receiv
able
s 2
016-B
1.3
% D
ue 4
/15/2
020
120,0
00.0
005/0
2/2
016
1.3
1 %
119,9
93.8
7119,9
94.1
6100.4
61.0
7 %
120,5
48.6
469.3
31.0
1 %
554.4
8A
aa /
AA
AN
R3.7
91.9
6
43814Q
AC
2H
onda A
uto
Receiv
able
s 2
016-2
A3
1.3
9%
Due 4
/15/2
020
65,0
00.0
005/2
4/2
016
1.4
0 %
64,9
98.7
464,9
98.7
7100.7
31.0
4 %
65,4
74.8
340.1
60.5
5 %
476.0
6A
aa /
NR
AA
A3.7
92.0
3
To
tal
AB
S405,0
00.0
01.2
1 %
404,9
83.2
3404,9
84.9
51.0
2 %
406,2
02.4
6208.7
63.4
1 %
1,2
17.5
1A
aa /
AA
AA
aa
2.9
11.3
2
AG
EN
CY
3130A
3J70
FH
LB
Note
0.6
25%
Due 1
1/2
3/2
016
195,0
00.0
006/2
9/2
015
0.5
3 %
195,2
58.9
6195,0
73.3
4100.0
50.4
9 %
195,1
04.7
2128.6
51.6
4 %
31.3
8A
aa /
AA
+A
AA
0.4
00.4
0
3137E
AD
U0
FH
LM
C N
ote
0.5
% D
ue 1
/27/2
017
200,0
00.0
006/1
9/2
015
0.5
7 %
199,7
84.2
0199,9
22.5
399.9
90.5
1 %
199,9
89.6
0427.7
81.6
8 %
67.0
7A
aa /
AA
+A
AA
0.5
80.5
7
3137E
AD
T3
FH
LM
C N
ote
0.8
75%
Due 2
/22/2
017
195,0
00.0
008/2
8/2
015
0.6
4 %
195,6
83.6
7195,2
98.2
4100.2
40.5
0 %
195,4
65.8
6611.4
11.6
5 %
167.6
2A
aa /
AA
+A
AA
0.6
50.6
4
3133E
EC
73
FF
CB
Note
0.5
5%
Due 3
/27/2
017
200,0
00.0
006/1
9/2
015
0.6
4 %
199,6
82.0
0199,8
67.1
799.9
80.5
7 %
199,9
69.2
0287.2
21.6
8 %
102.0
3A
aa /
AA
+A
AA
0.7
40.7
4
3135G
0Z
B2
FN
MA
Note
0.7
5%
Due 4
/20/2
017
235,0
00.0
010/2
3/2
015
0.5
6 %
235,6
52.3
6235,3
52.6
6100.2
00.5
0 %
235,4
74.7
0347.6
01.9
8 %
122.0
4A
aa /
AA
+A
AA
0.8
10.8
0
3130A
5E
P0
FH
LB
Note
0.6
25%
Due 5
/30/2
017
190,0
00.0
005/2
1/2
015
0.6
8 %
189,7
86.4
4189,9
03.2
4100.0
50.5
7 %
190,0
87.7
8102.2
61.6
0 %
184.5
4A
aa /
AA
+A
AA
0.9
20.9
1
3137E
AD
V8
FH
LM
C N
ote
0.7
5%
Due 7
/14/2
017
195,0
00.0
006/2
9/2
015
0.7
7 %
194,9
18.8
8194,9
58.8
4100.1
50.6
1 %
195,2
89.9
7678.4
41.6
5 %
331.1
3A
aa /
AA
+A
AA
1.0
41.0
3
3130A
6LZ
8F
HLB
Note
0.6
25%
Due 1
0/2
6/2
017
235,0
00.0
010/2
3/2
015
0.7
2 %
234,5
37.7
6234,6
95.2
1100.0
40.6
0 %
235,0
83.6
6265.1
91.9
8 %
388.4
5A
aa /
AA
+A
AA
1.3
21.3
1
3135G
0R
T2
FN
MA
Note
0.8
75%
Due 1
2/2
0/2
017
195,0
00.0
008/2
8/2
015
0.8
9 %
194,9
26.1
0194,9
52.8
7100.3
50.6
3 %
195,6
88.9
452.1
41.6
4 %
736.0
7A
aa /
AA
+A
AA
1.4
71.4
6
3133E
EQ
M5
FF
CB
Note
1.1
1%
Due 2
/20/2
018
225,0
00.0
003/2
3/2
015
0.9
8 %
225,8
48.2
5225,4
77.5
4100.7
30.6
6 %
226,6
47.2
3908.8
11.9
1 %
1,1
69.6
9A
aa /
AA
+A
AA
1.6
41.6
2
3137E
AD
P1
FH
LM
C N
ote
0.8
75%
Due 3
/7/2
018
195,0
00.0
006/3
0/2
015
0.9
8 %
194,4
43.8
6194,6
51.9
2100.1
80.7
6 %
195,3
59.3
9540.3
11.6
5 %
707.4
7A
aa /
AA
+A
AA
1.6
81.6
7
3130A
4G
J5
FH
LB
Note
1.1
25%
Due 4
/25/2
018
200,0
00.0
006/2
2/2
015
1.0
5 %
200,4
16.8
0200,2
66.4
8100.8
20.6
7 %
201,6
30.2
0412.5
01.7
0 %
1,3
63.7
2A
aa /
AA
+A
AA
1.8
21.8
0
3135G
0E
33
FN
MA
Note
1.1
25%
Due 7
/20/2
018
195,0
00.0
006/2
9/2
015
1.1
4 %
194,8
94.7
0194,9
29.3
3100.8
80.6
9 %
196,7
15.8
1981.0
91.6
6 %
1,7
86.4
8A
aa /
AA
+A
AA
2.0
52.0
2
3130A
6A
E7
FH
LB
Note
1.1
25%
Due 9
/14/2
018
230,0
00.0
010/2
3/2
015
0.9
9 %
230,9
01.6
0230,6
88.6
0100.8
90.7
2 %
232,0
53.9
0769.0
61.9
6 %
1,3
65.3
0A
aa /
AA
+A
AA
2.2
12.1
7
Execution T
ime:
7/3
/2016 1
2:4
7:3
1 P
MC
handle
r A
sset
Managem
ent
- C
ON
FID
EN
TIA
LP
age 4
Ho
ldin
gs R
ep
ort
As o
f 6/3
0/1
6
Go
lden
Sta
te R
isk M
an
ag
em
en
tA
cco
un
t#10266
CU
SIP
Secu
rity
Descri
pti
on
Par
Valu
e/U
nit
sP
urc
hase D
ate
Bo
ok Y
ield
Co
st
Valu
eB
oo
k V
alu
eM
kt
Pri
ce
Mkt
YT
MM
ark
et
Valu
eA
ccru
ed
In
t.%
of
Po
rt.
Gain
/Lo
ss
Mo
od
y/S
&P
Fit
ch
Matu
rity
Du
rati
on
AG
EN
CY
3135G
0E
58
FN
MA
Note
1.1
25%
Due 1
0/1
9/2
018
235,0
00.0
010/2
3/2
015
1.0
0 %
235,8
57.7
5235,6
61.6
3100.9
20.7
2 %
237,1
59.1
8528.7
52.0
0 %
1,4
97.5
5A
aa /
AA
+A
AA
2.3
02.2
7
3135G
0G
72
FN
MA
Note
1.1
25%
Due 1
2/1
4/2
018
205,0
00.0
010/3
0/2
015
1.1
7 %
204,6
94.5
5204,7
59.2
9100.9
10.7
5 %
206,8
63.6
6108.9
11.7
4 %
2,1
04.3
7A
aa /
AA
+A
AA
2.4
62.4
2
3136F
TZ
Z5
FN
MA
Calla
ble
Note
1X
1/3
0/2
014
1.7
5%
Due 1
/30/2
019
235,0
00.0
003/0
7/2
016
1.1
7 %
238,8
86.9
0238,4
64.4
1102.0
30.9
5 %
239,7
72.3
81,7
24.9
72.0
3 %
1,3
07.9
7A
aa /
AA
+A
AA
2.5
92.5
1
3135G
0J53
FN
MA
Note
1%
Due 2
/26/2
019
225,0
00.0
004/2
6/2
016
1.1
1 %
224,3
34.0
0224,3
75.8
3100.4
90.8
1 %
226,1
07.0
0781.2
51.9
1 %
1,7
31.1
7A
aa /
AA
+A
AA
2.6
62.6
1
3133782M
2F
HLB
Note
1.5
% D
ue 3
/8/2
019
250,0
00.0
002/2
4/2
016
1.0
7 %
253,2
22.5
0252,8
52.8
0101.8
20.8
2 %
254,5
41.0
01,1
77.0
82.1
5 %
1,6
88.2
0A
aa /
AA
+A
AA
2.6
92.6
2
3137E
AD
Z9
FH
LM
C N
ote
1.1
25%
Due 4
/15/2
019
235,0
00.0
003/1
8/2
016
1.1
4 %
234,9
22.4
5234,9
29.5
1100.8
50.8
2 %
236,9
96.8
0734.3
82.0
0 %
2,0
67.2
9A
aa /
AA
+A
AA
2.7
92.7
4
313379E
E5
FH
LB
Note
1.6
25%
Due 6
/14/2
019
225,0
00.0
006/2
3/2
016
1.0
1 %
229,0
45.5
0229,0
19.4
0102.2
60.8
5 %
230,0
92.4
3172.6
61.9
3 %
1,0
73.0
3A
aa /
AA
+A
AA
2.9
62.8
8
3133E
FW
52
FF
CB
Note
1.1
5%
Due 7
/1/2
019
180,0
00.0
004/0
4/2
016
1.0
2 %
180,7
30.8
0180,6
78.1
6100.8
70.8
6 %
181,5
66.3
6517.5
01.5
3 %
888.2
0A
aa /
AA
+A
AA
3.0
02.9
4
3137E
AD
K2
FH
LM
C N
ote
1.2
5%
Due 8
/1/2
019
250,0
00.0
0V
arious
1.2
2 %
250,2
24.7
5250,2
11.5
9101.2
30.8
5 %
253,0
67.0
01,3
02.0
92.1
4 %
2,8
55.4
1A
aa /
AA
+A
AA
3.0
93.0
1
3137E
AD
M8
FH
LM
C N
ote
1.2
5%
Due 1
0/2
/2019
235,0
00.0
010/2
3/2
015
1.3
4 %
234,1
84.3
2234,3
25.6
6101.1
90.8
8 %
237,7
90.6
3726.2
22.0
0 %
3,4
64.9
7A
aa /
AA
+A
AA
3.2
63.1
8
313378J77
FH
LB
Note
1.8
75%
Due 3
/13/2
020
235,0
00.0
011/0
9/2
015
1.6
9 %
236,8
35.3
5236,5
66.3
7103.1
21.0
1 %
242,3
33.4
11,3
21.8
82.0
5 %
5,7
67.0
4A
aa /
AA
+N
R3.7
03.5
6
3133834H
1F
HLB
Note
1.3
75%
Due 6
/12/2
020
225,0
00.0
006/2
3/2
016
1.2
0 %
226,5
41.2
5226,5
33.8
0101.2
01.0
7 %
227,6
89.6
5163.2
81.9
1 %
1,1
55.8
5A
aa /
AA
+A
AA
3.9
53.8
4
To
tal
Ag
en
cy
5,6
20,0
00.0
00.9
8 %
5,6
36,2
15.7
05,6
34,4
16.4
20.7
3 %
5,6
68,5
40.4
615,7
71.4
347.7
5 %
34,1
24.0
4A
aa /
AA
+A
aa
2.0
92.0
4
MO
NE
Y M
AR
KE
T F
UN
D F
I
4812C
0688
JP
Morg
an U
S G
overn
ment
MM
KT
18,9
53.0
0V
arious
0.0
3 %
18,9
53.0
018,9
53.0
01.0
00.0
3 %
18,9
53.0
00.0
00.1
6 %
0.0
0A
aa /
NR
AA
A0.0
00.0
0
To
tal
Mo
ney M
ark
et
Fu
nd
FI
18,9
53.0
00.0
3 %
18,9
53.0
018,9
53.0
00.0
3 %
18,9
53.0
00.0
00.1
6 %
0.0
0A
aa /
NR
Aaa
0.0
00.0
0
US
CO
RP
OR
AT
E
459200G
X3
IBM
Corp
Note
1.9
5%
Due 7
/22/2
016
500,0
00.0
012/2
2/2
014
0.7
0 %
509,7
80.0
0500,3
55.9
4100.0
60.9
8 %
500,2
93.5
04,3
06.2
54.2
4 %
(62.4
4)
Aa
3 /
AA
-A
+0.0
60.0
6
89233P
5E
2T
oyota
Moto
r C
redit C
orp
Note
2%
Due 9
/15/2
016
500,0
00.0
012/2
4/2
012
1.0
1 %
518,0
00.0
0501,0
05.1
4100.2
40.8
3 %
501,2
12.5
02,9
44.4
44.2
3 %
207.3
6A
a3
/ A
A-
A0.2
10.2
1
458140A
H3
Inte
l C
orp
Note
1.9
5%
Due 1
0/1
/2016
500,0
00.0
012/2
6/2
012
0.9
5 %
518,3
65.0
0501,2
28.7
9100.3
10.7
3 %
501,5
32.0
02,4
37.5
04.2
3 %
303.2
1A
1 /
A+
A+
0.2
50.2
5
Execution T
ime:
7/3
/2016 1
2:4
7:3
1 P
MC
handle
r A
sset
Managem
ent
- C
ON
FID
EN
TIA
LP
age 5
Ho
ldin
gs R
ep
ort
As o
f 6/3
0/1
6
Go
lden
Sta
te R
isk M
an
ag
em
en
tA
cco
un
t#10266
CU
SIP
Secu
rity
Descri
pti
on
Par
Valu
e/U
nit
sP
urc
hase D
ate
Bo
ok Y
ield
Co
st
Valu
eB
oo
k V
alu
eM
kt
Pri
ce
Mkt
YT
MM
ark
et
Valu
eA
ccru
ed
In
t.%
of
Po
rt.
Gain
/Lo
ss
Mo
od
y/S
&P
Fit
ch
Matu
rity
Du
rati
on
US
CO
RP
OR
AT
E
36962G
5W
0G
enera
l E
lectr
ic C
apital C
orp
Note
2.3
% D
ue 4
/27/2
017
500,0
00.0
012/2
2/2
014
1.2
8 %
511,6
90.0
0504,0
96.9
6101.0
01.0
8 %
504,9
88.0
02,0
44.4
44.2
6 %
891.0
4A
1 /
AA
+N
R0.8
20.8
1
929903D
T6
Wachovia
Corp
ora
tion N
ote
5.7
5%
Due 6
/15/2
017
500,0
00.0
012/2
2/2
014
1.3
8 %
553,1
00.0
0520,4
54.6
4104.3
01.2
2 %
521,5
10.5
01,2
77.7
84.3
9 %
1,0
55.8
6A
2 /
AA
A-
0.9
60.9
4
58933Y
AG
0M
erc
k &
Co N
ote
1.3
% D
ue 5
/18/2
018
400,0
00.0
012/2
2/2
014
1.4
6 %
397,9
12.0
0398,8
47.6
5100.9
50.7
9 %
403,7
97.2
0621.1
13.4
0 %
4,9
49.5
5A
1 /
AA
A1.8
81.8
6
06406H
CW
7B
ank o
f N
ew
York
Calla
ble
Note
Cont
8/1
1/2
019
2.3
% D
ue 9
/11/2
019
125,0
00.0
003/0
7/2
016
2.1
0 %
125,8
01.2
5125,7
28.7
6102.0
41.6
3 %
127,5
48.8
8878.4
71.0
8 %
1,8
20.1
2A
1 /
AA
A-
3.2
02.9
8
To
tal
US
Co
rpo
rate
3,0
25,0
00.0
01.1
6 %
3,1
34,6
48.2
53,0
51,7
17.8
80.9
7 %
3,0
60,8
82.5
814,5
09.9
925.8
3 %
9,1
64.7
0A
1 /
AA
-A
+0.7
70.7
5
US
TR
EA
SU
RY
912828A
59
US
Tre
asury
Note
0.6
25%
Due 1
2/1
5/2
016
195,0
00.0
005/2
1/2
015
0.4
9 %
195,4
11.9
8195,1
20.9
2100.1
00.4
0 %
195,1
99.6
853.2
81.6
4 %
78.7
6A
aa /
AA
+A
AA
0.4
60.4
6
912828T
S9
US
Tre
asury
Note
0.6
25%
Due 9
/30/2
017
200,0
00.0
006/1
9/2
015
0.7
7 %
199,3
67.8
6199,6
53.1
2100.0
90.5
5 %
200,1
87.6
0314.2
11.6
8 %
534.4
8A
aa /
AA
+A
AA
1.2
51.2
4
912828U
A6
US
Tre
asury
Note
0.6
25%
Due 1
1/3
0/2
017
195,0
00.0
005/2
1/2
015
0.8
3 %
194,0
02.8
0194,4
39.0
1100.0
80.5
7 %
195,1
59.9
0103.2
31.6
4 %
720.8
9A
aa /
AA
+A
AA
1.4
21.4
1
912828U
E8
US
Tre
asury
Note
0.7
5%
Due 1
2/3
1/2
017
195,0
00.0
008/2
8/2
015
0.8
7 %
194,4
44.6
0194,6
43.1
9100.2
60.5
7 %
195,5
10.3
23.9
71.6
4 %
867.1
3A
aa /
AA
+A
AA
1.5
01.4
9
912828H
37
US
Tre
asury
Note
0.8
75%
Due 1
/15/2
018
195,0
00.0
006/2
9/2
015
0.8
8 %
194,9
77.8
0194,9
86.5
6100.4
50.5
8 %
195,8
75.9
4787.5
01.6
5 %
889.3
8A
aa /
AA
+A
AA
1.5
51.5
2
912828K
25
US
Tre
asury
Note
0.7
5%
Due 4
/15/2
018
185,0
00.0
009/2
9/2
015
0.8
4 %
184,5
74.2
5184,7
00.4
2100.2
70.6
0 %
185,4
98.5
8291.9
11.5
6 %
798.1
6A
aa /
AA
+A
AA
1.7
91.7
8
912828X
K1
US
Tre
asury
Note
0.8
75%
Due 7
/15/2
018
200,0
00.0
007/3
1/2
015
0.9
8 %
199,3
67.8
6199,5
64.5
3100.5
40.6
1 %
201,0
78.2
0807.6
91.7
0 %
1,5
13.6
7A
aa /
AA
+A
AA
2.0
42.0
1
912828A
34
US
Tre
asury
Note
1.2
5%
Due 1
1/3
0/2
018
235,0
00.0
011/0
9/2
015
1.2
8 %
234,7
89.6
5234,8
33.7
6101.4
30.6
5 %
238,3
50.6
3248.8
02.0
0 %
3,5
16.8
7A
aa /
AA
+A
AA
2.4
22.3
8
912828S
X9
US
Tre
asury
Note
1.1
25%
Due 5
/31/2
019
195,0
00.0
008/3
1/2
015
1.2
5 %
194,0
78.9
7194,2
83.6
4101.2
30.7
0 %
197,3
91.8
7185.8
11.6
6 %
3,1
08.2
3A
aa /
AA
+A
AA
2.9
22.8
7
912828T
H3
US
Tre
asury
Note
0.8
75%
Due 7
/31/2
019
190,0
00.0
009/2
9/2
015
1.1
9 %
187,7
88.9
2188,2
23.2
4100.4
10.7
4 %
190,7
79.3
8694.2
31.6
1 %
2,5
56.1
4A
aa /
AA
+A
AA
3.0
83.0
3
912828T
R1
US
Tre
asury
Note
1%
Due 9
/30/2
019
240,0
00.0
010/2
3/2
015
1.2
5 %
237,7
41.4
3238,1
33.3
4100.7
50.7
7 %
241,7
90.6
4603.2
82.0
4 %
3,6
57.3
0A
aa /
AA
+A
AA
3.2
53.1
9
912828U
B4
US
Tre
asury
Note
1%
Due 1
1/3
0/2
019
250,0
00.0
002/2
4/2
016
1.0
6 %
249,4
14.9
0249,4
68.9
8100.6
50.8
1 %
251,6
30.7
5211.7
52.1
2 %
2,1
61.7
7A
aa /
AA
+A
AA
3.4
23.3
5
Execution T
ime:
7/3
/2016 1
2:4
7:3
1 P
MC
handle
r A
sset
Managem
ent
- C
ON
FID
EN
TIA
LP
age 6
Ho
ldin
gs R
ep
ort
As o
f 6/3
0/1
6
Go
lden
Sta
te R
isk M
an
ag
em
en
tA
cco
un
t#10266
CU
SIP
Secu
rity
Descri
pti
on
Par
Valu
e/U
nit
sP
urc
hase D
ate
Bo
ok Y
ield
Co
st
Valu
eB
oo
k V
alu
eM
kt
Pri
ce
Mkt
YT
MM
ark
et
Valu
eA
ccru
ed
In
t.%
of
Po
rt.
Gain
/Lo
ss
Mo
od
y/S
&P
Fit
ch
Matu
rity
Du
rati
on
US
TR
EA
SU
RY
912828U
F5
US
Tre
asury
Note
1.1
25%
Due 1
2/3
1/2
019
225,0
00.0
004/2
6/2
016
1.1
9 %
224,4
82.2
0224,5
07.2
6101.0
70.8
1 %
227,4
16.9
56.8
81.9
1 %
2,9
09.6
9A
aa /
AA
+A
AA
3.5
03.4
3
To
tal
US
Tre
asu
ry2,7
00,0
00.0
01.0
0 %
2,6
90,4
43.2
22,6
92,5
57.9
70.6
5 %
2,7
15,8
70.4
44,3
12.5
422.8
5 %
23,3
12.4
7A
aa /
AA
+A
aa
2.2
62.2
2
TO
TA
L P
OR
TF
OL
IO11,7
68,9
53.0
01.0
4 %
11,8
85,2
43.4
011,8
02,6
30.2
20.7
9 %
11,8
70,4
48.9
434,8
02.7
2100.0
0 %
67,8
18.7
2A
a1
/ A
AA
aa
1.8
11.7
2
TO
TA
L M
AR
KE
T V
AL
UE
PL
US
AC
CR
UE
D11,9
05,2
51.6
6
Execution T
ime:
7/3
/2016 1
2:4
7:3
1 P
MC
handle
r A
sset
Managem
ent
- C
ON
FID
EN
TIA
LP
age 7
June 30, 2016 Page: 1 of 2
GOLDEN STATE RISK MANAGEMENT AUTHORITYPO BOX 706WILLOWS CA 95988-0706
Customer Service:1-866-486-7782
Other Deposits/ AdditionsDate Description Additions
Total Other Deposits/ Additions
Interest InformationAnnual percentage yield earnedInterest-bearing daysAverage balance for APYInterest earnedInterest paid year to dateStatement period
Last statement: May 31, 2016This statement: June 30, 2016
SEE HOW UMPQUA ASSOCIATES GIVE BACK AT UMPQUABANK.COM/CONNECT
PUBLIC FUNDS MONEY MARKET
Account number 0990406118Low balance $4,534,794.19Average balance $4,534,794.19Interest paid year to date $8,745.96Interest earned $1,304.52
Beginning balance $4,534,794.19Additions/Deposits $1,304.52Withdrawals/Subtractions $0.00Ending balance $4,536,098.71
06-30 Interest Credit 1,304.52$1,304.52
Daily BalancesDate Balance05-31 4,534,794.19
Date Balance06-30 4,536,098.71
.35%30
$4,534,794.19$1,304.52$8,745.96
06/01 to 06/30
GOLDEN STATE RISK MANAGEMENT AUTHORITY June 30, 2016 Page: 2 of 2
Overdraft Fee Summary
Total ForThis Period
TotalYear-to-Date
Total Overdraft Fees
Total Returned Item Fees
$0.00 $0.00
$0.00 $0.00
Checks
(* Skip in check sequence, R-Check has been returned, + Electronified check))Total Checks paid: 0 for -$0.00
![[XLS]people.highline.edu · Web viewEffective Annual Yield = (1+YTM/n)^n -1 = Words: Bond Value = Bond Price = check FV: 15 a 15 b The Price of a Bond and the YTM are inversely related](https://img.pdfslide.us/doc/110x75/5b3314e37f8b9a2c0b8d13af/xls-web-vieweffective-annual-yield-1ytmnn-1-words-bond-value-.jpg)
