Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Carlsbad reports $14 million net portfolio gain, 3.03% yield in second‑quarter review
Summary
City staff told the Investment Review Committee the city saw $39 million in maturities, roughly $9.63 million in calls, and a net portfolio increase of $14 million in the quarter ending Dec. 31, 2024, with a weighted yield of 3.03%.
Carlsbad staff reported that the city’s investment portfolio posted a net increase of $14 million and ended the quarter with a weighted yield of 3.03% during the Investment Review Committee meeting on Jan. 15.
Staff presented a quarter‑by‑quarter summary showing $39,000,000 in maturities, roughly $9,630,000 in calls, a decrease of about $1,400,000 in overnight cash and about 108 investment…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
