Agenda item

Treasury Management - Mid-year Update 2020-21

Minutes:

The recommendations were put to the vote and declared Carried.

 

RESOLVED:

 

1.  That council assembly noted the 2020-21 mid-year treasury management update report and that:

 

·  all treasury management activity was undertaken in compliance with the approved treasury management strategy and within the council’s prudential indicators, as Appendix A

 

·  the balance outstanding on all external debt as at 30 September 2020 was £809m.

 

·  in the six months to 30 September 2020 the average investment balance was £180m and the balance of investments at 30 September 2020 stood at £188m. 

Supporting documents: