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Treasury report: trust portfolio yield near 3.5%; trustees weigh bond timing
Summary
LaSalle County's quarterly investment report showed a portfolio yield-to-maturity around 3.48% and a one-year fiscal return of about 4.06%; trustees discussed cash flows, maturities concentrated in 2026'2028 and the trade-offs of issuing bonds now versus shorter financing or using reserve balances.
Phil presented the quarterly investment update for the LaSalle County Insurance Trust, showing the portfolio had cash-flow maturities concentrated in 2026 through 2028, a yield-to-maturity near 3.48% and a duration of about 1.59 years. He told trustees the fiscal-year return reported was approximately 4.06% and that short-term market moves driven by geopolitical and…
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