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Caption: Board of Trustees Minutes - 1988
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228 Date 2/3 BOARD OF TRUSTEES Number Description Cost/Yield Amount $ 6 000000 General Motors Acceptance 6.10 percent commercial paper due 2/17/87 . . 6.10% $6 000 O O 00 O 2/4 2 810 000 General Motors Acceptance 5.90 percent commercial paper due 2/5/87 . . 5.90 2 810 000 00 2/5 850 000 General Motors Acceptance demand notes 6.04 850 000 00 2/5 1 810 000 Merrill Lynch demand notes 5.89 1 810 000 00 2/5 1 885 000 Salomon demand notes 5.96 1 885 000 00 2/5 5 000 000 General Motors Acceptance 5.80 percent commercial paper due 2/6/87 . . 5.80 5 000 000 00 2/6 5 000 000 Common Fund for Short Term Investments 5.76 5 000 000 00 2/6 12 000 Merrill Lynch demand notes 5.89 12 000 00 2/6 1 890 000 Westinghouse 5.88 percent commercial paper due 2/9/87 5.88 1 890 000 00 2/9 3 000 000 U.S. Treasury 6.37 percent notes due 9/30/88 6.40 2 999 062 50 2/9 5 000 000 Common Fund for Short Term Investments 5.76 5 000 000 00 2/9 3 000 000 General Motors Acceptance 6.05 percent commercial paper due 2/10/87 . . 6.05 3 000 000 00 2/9 1 900 000 U.S. Treasury bills due 10/29/87 5.97 1 820 905 11 2/10 7 067 000 General Motors Acceptance 6.20 percent commercial paper due 2/11/87 . . 6.20 7 067 000 00 2/11 42 000 Ford Motor Credit demand notes 6.19 42 000 00 2/11 25 000 Merrill Lynch demand notes 6.04 25 000 00 2/11 7 000 000 General Motors Acceptance 6.45 percent commercial paper due 2/12/87 . . 6.45 7 000 000 00 2/12 1 000 000 General Motors Acceptance 6V4 percent commercial paper due 2/19/87 . . 6.26 1 000 000 00 2/12 5 500 000 General Motors Acceptance 6.10 percent commercial paper due 2/13/87 . . 6.10 5 500 000 00 2/13 6 000 000 Westinghouse 6.13 percent commercial paper due 2/19/87 6.13 6 000 000 00 O n motion of Mrs. Gravenhorst, this report was approved as presented. SECRETARY'S REPORT T h e secretary presented for record appointments to the faculty and changes of status made by the president, resignations, terminations, leaves of absence, and retirements. A copy of the report is filed with the secretary. ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD President Howard called attention to the schedule of meetings for the next three months: April 9, Urbana-Champaign; May 14, Chicago; June 11, Urbana-Champaign. T h e r e being no further business, the board adjourned. EARL W. PORTER GEORGE W. HOWARD III Secretary President
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