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Rate Monitor
Money Market Funds
As of 6/30/09
| Fund Name | Current Yield | Effective Yield |
|---|---|---|
| Western Asset California Municipal Money Market Fund | 0.01 | 0.01 |
| Western Asset Connecticut Municipal Money Market Fund | 0.01 | 0.01 |
| Western Asset Government Money Market Fund | 0.13 | 0.13 |
| Western Asset Massachusetts Municipal Money Market Fund | 0.01 | 0.01 |
| Western Asset Money Market Fund | 0.15 | 0.15 |
| Western Asset Municipal Money Market Fund* | 0.01 | 0.01 |
| Western Asset New York Municipal Money Market Fund | 0.01 | 0.01 |
| Citi Institutional Liquid Reserves | 0.53 | 0.53 |
Bank Deposit Program
As of 6/23/09
| Deposit Accounts | Current API |
|---|---|
| Tier 1 | 0.35% |
| Tier 2 | 0.20% |
| Tier 3 | 0.10% |
| Tier 4 | 0.05% |
| Tier 5 | 0.03% |
| Tier 6 | 0.03% |
Find out more about the Bank Deposit Program
Bond Markets
As of 6/23/09
| Treasury Bills, Notes & Bonds | In % Current | In % 1 Year Ago |
|---|---|---|
| 3-Month Bill | 0.16 | 1.76 |
| 6-Month Bill | 0.25 | 2.19 |
| 2-Year Note | 1.06 | 2.70 |
| 5-Year Note | 2.53 | 3.45 |
| 10-Year Note | 3.55 | 4.02 |
| 30-Year Bond | 4.31 | 4.57 |
| Municipal Preferred Stock | 0.53 | 2.57 |
| Corporate Bonds | In % Current | In % 1 Year Ago |
|---|---|---|
| Short-Term | 4.90 | 5.10 |
| Intermediate | 5.25 | 5.85 |
| Long-Term | 6.31 | 6.50 |
| Treasury-Backed Zeros | In % Current | In % 1 Year Ago |
|---|---|---|
| Short-Term | 0.80 | 2.60 |
| Intermediate | 3.93 | 4.35 |
| Long-Term | 4.50 | 4.58 |
Securities Backed Finance
As of 6/29/09
| Description | Current |
|---|---|
| SB Base Rate | 4.7500% |
The Base Rate is Smith Barney's proprietary interest rate. It is determined by Smith Barney and is based on our blended short and long-term funding costs. For Base Rate-based loans, the interest paid will be the Base Rate plus or minus an incremental amount. The amount of the increment varies depending on the loan size. The increment is generally a fixed amount but may be individually negotiated. The Base Rate plus the increment is expressed as an annual rate, but will be charged to your account monthly. Loans based on the Base Rate will be available from Smith Barney only in U.S. Dollars. For more information, please speak to your Smith Barney Financial Advisor.
1 - Seven (7)-Day current SEC yield (annualized) for the 7-day period ended on the date shown. The annualized current 7-day SEC yield reflects the amount of income generated by the investment during a seven-day period and assumes that the same income is generated each week over a 365-day period.
2 - Seven (7)-Day effective SEC yield (annualized) for the 7-day period ended on the date shown. The annualized effective 7-day SEC yield is the current yield with the assumption that income earned by the investment is reinvested at the end of the 7-day period.
The yields (1) & (2) quoted represent past performance, which is not a guarantee of future results. Investment returns and yields will fluctuate, so that investor's shares, when redeemed, may be worth more or less than their original cost. Although each money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds. An investment in these funds is not guaranteed or insured by the FDIC or any other government agency. For more complete information, include fees, expenses and risks, request a prospectus from your Financial Advisor. Read it carefully before you invest.
* Income is subject to state and local taxes, and some portion may be subject to the Federal Alternative Minimum Tax (AMT) for certain investors. Capital gains, if any, are fully taxable.
No guarantees are offered as to accuracy. Not responsible for typographical errors.
For more information, please contact your Financial Advisor.