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HomeMy WebLinkAbout05/19/2026 07.B. April 2026 Investment Transaction Report !, • r‘ , F 1 s BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 7.B. For Meeting of: May 19, 2026 ITEM TITLE: April 2026 Investment Transaction Report SUBMITTED BY: Craig Warner, Director of Finance and Budget Kimberly Domine, Financial Services Manager SUMMARY EXPLANATION: This monthly report is provided consistent with RCW 35.39.032 which requires "The responsible official or committee shall make a monthly report of all investment transactions to the city legislative authority". A complete Treasury report is provided to City Council quarterly which provides a complete position listing with further analysis, economic outlook and strategy updates. ITEM BUDGETED: N/A STRATEGIC PRIORITY 24-25: A Resilient Yakima RECOMMENDATION: Submitted for review. No action necessary. ATTACHMENTS: 2026-4 Investment Transactions Summary memo.pdf 9 t;00) ; "',_ FINANCE DATE: May 1, 2026 TO: Mayor and City Council FROM: Kimberly Domino Financial Services Manager RE: April 2026 Investment Transactions The investment transactions for April 2026 were: Matured: • $2,000,000 FNMA, matured 04/24/26, Yield is 4.04% Called: • none Purchased: • $1,000,000 Home Depot Corp, matures 06/25/29, Yield is 3.96% • $1,000,000 IBM Inc., matures 5/15/29, Yield is 4.12% The focus of investments now is to fill maturity gaps in a shortened (3-4-year maturity horizon, instead of 5-year pre-COVID) ladder to minimize reinvestment risk subject to rates at any one point in time and hedging against further decreasing rate exposure. This monthly memorandum of all investment transactions complies with RCW 35.39.032 ("The responsible official or committee shall make a monthly report of all investment transactions to the city legislative authority"). 10 t;00 ; FINANCE City of Yakima Investment Portfolio Maturity Distribution -April 30, 2026 $3,000,000 - - - - $2,500,000 :::::'::: i i i i • 11111111111 111111111 I I • i i i i 1 IIIIIIIIIIIIIIIIIIIIIIIIII ® IM $1,000,000 $500,000 I I I I I I I I I I I I I I I I I I I I I I I I I I $0 �,ti0 J\,1Co ,15o a CP �1, ;0 \tip nY ,tip , `ti, ,y, \1, ti, ,1� ? `1, ti� �,a ' fie. -° N,a 40 4,aJ N• C -° \a 4< �a� VJ `, +° \ 4< 4,4k City of Yakima Diversification by Issuer April 30, 2026 FFCB FHLB $11,000,000 $11,000,000 FAMCA 8% I 8% $6,000,000 Illc' IF / 5% FNMA $2,000,000 2% King Treas $275,000 $31000000 0°� 24% CORP $14,000,000 11% LGIP $54,703,174 42% 11