Council Minutes - Town of Cambridge
Council Minutes - Town of Cambridge
Council Minutes - Town of Cambridge
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COUNCIL MINUTES<br />
TUESDAY 28 AUGUST 2012<br />
The investment performance as at the end <strong>of</strong> July 2012 is as follows:<br />
Term<br />
(Days) Rating<br />
Current<br />
Interest<br />
Rate<br />
July 2012<br />
Income<br />
Total Amount<br />
Invested<br />
% <strong>of</strong><br />
Funds<br />
Invested<br />
Floating Rate Notes .<br />
Emerald Reverse Mortgage "A" 3.95% $3,114 $933,546 4.99%<br />
Sub-total $3,114 $933,546 4.99%<br />
Term Deposits and Bank Bills<br />
ING - Term Deposit 181 "A1" 5.97% $2,799 $570,008 3.05%<br />
ING - Term Deposit 183 "A1" 5.98% $5,079 $1,034,078 5.53%<br />
ING - Term Deposit matured $825 0.00%<br />
ING - Term Deposit matured $825 0.00%<br />
ING - Term Deposit 210 "A1" 6.05% $8,735 $1,729,869 9.25%<br />
BANKWEST - Term Deposit matured $749 0.00%<br />
BANKWEST - Term Deposit 92 "A1+" 5.10% $2,513 $584,805 3.13%<br />
BANKWEST - Term Deposit matured $66 0.00%<br />
BANKWEST - Term Deposit 181 "A1+" 5.85% $411 $84,925 0.45%<br />
BANKWEST - Term Deposit 91 "A1+" 5.20% $2,250 $513,091 2.74%<br />
NAB - Term Deposit 180 "A1+" 5.19% $10,285 $2,356,142 12.60%<br />
NAB - Term Deposit 180 "A1+" 5.02% $3,618 $853,592 4.57%<br />
NAB - Term Deposit 183 "A1+" 5.04% $1,926 $453,045 2.42%<br />
NAB - Term Deposit 91 "A1+" 5.18% $4,483 $1,028,164 5.50%<br />
NAB - Term Deposit 182 "A1+" 5.02% $4,264 $1,005,914 5.38%<br />
NAB - Term Deposit 98 "A1+" 5.00% $1,027 $501,027 2.68%<br />
WESTPAC - Term Deposit 153 "A1+" 5.00% $4,371 $1,037,226 5.55%<br />
WESTPAC - Term Deposit matured $2,595 0.00%<br />
WESTPAC - Term Deposit 184 "A1+" 6.10% $6,010 $1,193,732 6.38%<br />
WESTPAC - Term Deposit 153 "A1+" 5.08% $2,714 $752,714 4.03%<br />
WESTPAC - Term Deposit 132 "A1+" 5.20% $1,496 $501,496 2.68%<br />
WESTPAC - Term Deposit 184 "A1+" 5.20% $748 $250,748 1.34%<br />
WESTPAC - Term Deposit 154 "A1+" 5.11% $1,050 $501,050 2.68%<br />
StGeorge - Term Deposit matured $591 0.00%<br />
Suncorp - Term Deposit matured $3,378 0.00%<br />
Suncorp - Term Deposit 120 "A1" 5.77% $3,765 $780,357 4.17%<br />
Suncorp - Term Deposit 183 "A1" 5.85% $9,937 $2,032,055 10.87%<br />
Sub-total $86,510 $17,764,040 95.01%<br />
79.97%<br />
Total Investments $89,624 $18,697,585 100.00%<br />
Weighted Average 142 5.38%<br />
POLICY/STATUTORY IMPLICATIONS:<br />
The general, reserves and Endowment Lands funds are invested in accordance with the<br />
guidelines set down in the <strong>Town</strong>’s Policy No. 3.2.5 – Investment.<br />
H:\CEO\GOV\COUNCIL MINUTES\12 MINUTES\AUGUST 2012\C CR.DOCX 187
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