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Home My WebLink About2008 11 24 Document Provided by Mike Stewart during Awards and Presentations 300Date: November 24, 2008 The attached document was provided to the City Commission during Awards and Presentations "300" by Mr. Mike Stewart at the November 24, 2008 City Commission Regular Meeting. CITY OF WINTER SPRINGS INVESTMENT RATES (11/24/08) Maturities* Treasury Securities CDARS** CDARSX* (Bills, Notes, Bonds} (Citizens) (CNL) 3Month 0.01 % 1.50 % 2.50 6 Month 0.54% 2.30% 3.00% 12 Month 0.93% 3.05% 3.55% Maturities are approximate 3, 6 and 12 months. *X Citizens Bank quoted 13 weeks, 26 weeks and S2 weeks maturities. CNL Bank quoted 3, 6 and 12 month maturities. The CDAR rates vary by bank and maturity. 33:4 U~ T12EA~UR1 E~ ...,...^.^.r,^~ ^` ~~ GENEPlG ~ ~~~~ %~i~x,~P~T,~~;i~E~~--I55t~E 3I~L~ .:~.~ ~i~';~'I~ U~2~r~t5~0~ 1. . ~yfFfli_i . it) -t--t~ !?~-~a i2':-1a its-1c". i 2~ . OCR - -- i''~~~ ~~; 7~J~l~~ ~: :54,.5, 1~ ,~~J 19 C~_! 23`00 '°Oii 7:00 11~~~0 1°5:00 ~ ~;~ u5~`21 0~ y .4~, ',~ ~.~ +. ~~ ~7)E;~ ~~~ 13:42 `~ 125_Og -1-01+ }~ 11,f'19~r~5~? 'j~ ~2~,fg1 ~y~ 7 ~ - F . ~ ~ tiil~rµtt-,----------- ~+. ~ i , S-f ----13:42 -T- ----9'5.55-- _ ----i-b.75 . 4: `. c ~ , ,,r ~U _, t` ~ ~: x ~~~~1~~ 1?:42 ~' 1, 2~;9r f , liu3 '' ;7,.:~IT %. ~ 1C; j. 1.2t;+~Z~ ~9.2t~ -_.~.~ ~,~=1L3 ?~>;4~ ~ ~1c~~.~%~;, ,-,;~;() '~11 1 ~ 1i::i';;! (;rte -~.; ,~~.?+ 1. ~'~ - ist9 ~~)T " =~~ 31`3.3 j.ltlr-?~} ;"'?'~-t ~.~" - 1?+ f'itIf'C~L~ ;T ~ a~ 1t~t1~ ~.~~~~~-~~ ;~~-,- ~.~~-~-~~t ~~c~r s3fT 3 ~. 11'i3 7if??-11-~.~1f - :x,35.. 1-1~ znli ~ a z ~~:_~~ ~~?TII ~? b ~ 3 ~ ~1--``}t~+',~'2~-i L.t~~i- - ~1 ?~~ii-~~ .w~T~I .~'~ ~ ~~ t .`„.r~l-td~h,r`~,1`fi- 3.{~4 -- ~~ zt~~~~,'` ?~}TII ~ ~4 ~~ I r ~-~~< ~~22 . ; ~+--2-?9 ~~)7`'r`~ .sy}-III -z ~ _~ j.1~+~'-»~+,~'~~+ ~,~C?-_>-1.a Australia 612 9777 Bb00 Brazil 5511 3048 4500 Europe 44 20 7 30 75 0 Ger Japan 81 3 3201 8900 Singapore 65 6212 1000 U. S. 1 212 316 2000 13:.42 J, 8309.0 +262.6$ 1.3:42 ~ 817.70 +25:.90 13:42 ~ 229.8 +17.04 3..3:42 T 96.85 +.91 Copyright 2008 Bloomberg Finance L.P. 6455-207-2 24-hlot+-2008 13 4^c~24 Michael Stewart r ~~~ From: Tim Slattery [tslattery@mycbfl.comJ Sent: Monday, fVovember 24, 2008 11:22 AM To: Michael Stewart Subject: CDARS rates Mr. Stewart, Below are the APY and rate for the terms you requested for the City of Winter Springs. We would be able to handle all or any part of the full 17 million you spoke of. These rates are only good for one week at a time and are subject to change every Wednesday. Term Rate APY 13 week 1.5% 1.511 26 week 2.3% 2.326% 52 week 3.05% 3.096% We like all other participants clear our CDARS purchases every Wednesday. We require that the funds be deposited into a money market account here by the Tuesday prior to settlement if the funds are wired to our bank. If a check is cut and deposited we require at least 3 days to clear before the Wednesday settlement day. Thank you for allowing us to help you with this investment option. Please do not hesitate to contact me for any other information. Tim Slattery Sr. Vice President Citizens Bank of Florida 407-365-6611 Information contained in this e-mail transmission is privileged and confidential. If you are not the intended recipient, do not read, distribute or reproduce this transmission including any attachments. If you have received this e-mail in error, please notify the sender by a-mail immediately and then delete this transmission. E-mail sent tlu-ough the Internet is not secure. Do not e-mail confidential, or questionable information or time sensitive instructions, your e-mail message is not private, it is subject to review by this institution, it's officers, or agents. Michael Stewart From: Hartman, Chris [chartman@cnlbank.com) Sent: Monday, November 24, 2008 11:41 AM To: mstewart@gmcbonds.com Cc: Kelly, Tom Subject: CDARS rates Attachments: cnlb_logo1.gif Mike- Thanks for you call today. The rates you requested are shown below: 3 Month-2.5%APY 6 Month-3.0%APY 12 Month-3.55% APY Let me know if you need additional information. Chris Christine M. Hartman, CCM Executive Vice President Director of Deposit Strategy Services and Treasury Management CNLBancshares, Inc. P.O. Box 4968 Orlando, FL 32802-4968 Phone: 407.992.1733 Fax: 407.992.4275 Mobile: 407.616.3106 This communication is the property of CNLBancshares, Inc. and may contain confidential or privileged information. Unauthorized use of this communication is strictly prohibited and may be unlawful. If you have received this r_ommunication in error, please immediately notify the sender via e-mail and destroy all copies of the communication and any attachments.