Repository: UIHistories Project: Board of Trustees Minutes - 1988 [PAGE 50]

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40

BOARD OF TRUSTEES

[July 10

Transactions under Comptroller's Authority Date 1 dumber Description Cost/Yield Amount Sales: 5/16 $ 9 000 Eli Lilly demand notes $ 9 000 00 $ 9 000 00 5/16 3 000 000 U.S. Treasury bills due 10/2/86 2 899 176 67 2 928 250 00 5/19 125 000 Federated Trust for U.S. Treasury Obligations 125 000 00 125 000 00 5/20 105 000 General Motors Acceptance demand notes 105 000 00 105 000 00 5/20 70 000 General Motors Acceptance demand notes 70 000 00 70 000 00 3 000 00 3 000 00 5/20 3 000 Phibro-Salomon demand notes 5/20 61 000 U.S. Treasury 8.91 percent notes due 2/15/93 68 034 06 69 006 25 5/20 60 000 U.S. Treasury 8.88 percent notes due 5/15/92 74 456 25 74 925 00 350 000 00 350 000 00 350 000 Phibro-Salomon demand notes 5/21 9 000 00 9 000 00 9 000 Quaker Oats demand notes . . 5/22 3 000 000 U.S. Treasury bills due 5/27 11/28/86 2 865 341 07 2 904 436 67 Treasury bills due 800 000 U.S. 5/28 11/28/86 764 090 95 774 526 22 7 000 General Motors Acceptance 5/30 demand notes 7 000 00 7 000 00 12 000 General Motors Acceptance 6/2 demand notes 12 000 00 12 000 00 10 000 000 U.S. Treasury bills due 6/2 11/28/86 9 551 136 91 9 678 734 44 6/3 2 000 000 U.S. Treasury bills due 10/30/86 1 916 476 62 1 946 691 11 1 000 000 U.S. Treasury bills due 6/5 7/10/86 964 713 59 993 787 50 6/6 100 000 General Motors Acceptance demand notes 100 000 00 100 000 00 5 000 00 5 000 00 5 000 Quaker Oats demand notes . . 6/11 6/11 2 000 000 U.S. Treasury 11 '/s percent notes due 9/30/87 2 029 375 00 2 091 875 00

Purchases

4/3 $ 4/14 4/28 5/7

59 1 389 546 1 931

5/8

5/14 5/15 5/16 5/16 5/19 5/19 5/19 5/19 5/20 5/20

516 2 000 000

560 000

1 877 000

2 590 000 30 000 1 877 000 1 500 500 120 1 877 000 000 000 000

Champaign National Bank liquid cash Champaign National Bank liquid cash Champaign National Bank liquid cash Federated Trust for U.S. Treasury Obligations Federated Trust for U.S. Treasury Obligations U.S. Treasury bills due 1/22/87 General Motors Acceptance 6.90 percent commercial paper due 5/16/86 . . Ford Motor Credit 6.70 percent commercial paper due 5/19/86 U.S. Treasury bills due 11/28/86 Phibro-Salomon demand notes General Motors Acceptance 6% percent commercial paper due 5/20/86 . U.S. Treasury bills due 9/25/86 U.S. Treasury bills due 11/20/86 . . . U.S. Treasury bills due 5/14/87 General Motors Acceptance 6.70 percent commercial paper due 5 / 2 1 / 8 6 . .

7.29% $ 7.29 7.29 6.31 6.31 6.38 6.90 6.70 6.36 6.78 6.75 6.30 6.13 6.77 6.70

58 54 1 388 89 546 23 1 930 88 515 87 1 914 180 00 560 000 00 1 877 000 00 2 503 260 90 30 000 00 1 877 000 1 466 890 484 732 112 413 00 00 41 13

1 877 000 00