QuarterlyInvestmentReport
Alisa Backstrom, MBA, CCMT, CPFIM
Elected City Treasurer
Quarter Ended: June 30, 2024
ECONOMIC UPDATE - June
Federal Reserve continued to hold interest rates unchanged:
Inflation eased to 2.7% but remained elevated
Modest further progress towards 2% objective
Nonfarm payroll rose by 206K in June
Unemployment rate 4.1%
INVESTMENT PORTFOLIO – SUMMARYQUARTER END 6/30/24
INVESTMENT PORTFOLIO – INVESTMENTS BY TYPEQUARTER END 6/30/24
INVESTMENT PORTFOLIO – BY MATURITYQUARTER END 6/30/24
INVESTMENT PORTFOLIO – SELECTED ACTIVITYQUARTER END 6/30/24 Total Purchases: $10 million Total Maturities: $27 million
INVESTMENT PORTFOLIO – EARNINGSQUARTER END 6/30/24
INVESTMENT PORTFOLIO – SELECTED COMPLIANCEQUARTER END 6/30/24
ADDITIONAL INFORMATION
City of Huntington Beach Website:
City Treasurer
Investments
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https://www.huntingtonbeachca.gov/government/city_treasurer/investments.php
Questions?