Issue - meetings

Treasury Management Q3 2020-21

Meeting: 04/02/2021 - Executive (Item 69)

69 Treasury Management Quarterly Update Q3 2020/21 PDF 531 KB

Report E/20/34 reviews the Council’s borrowing and investment activity (Treasury Management) for the period 1^st April to 31^st December 2020 (Q3) and presents performance against the Prudential Indicators.

Additional documents:

Appendix A Q3 - PI's, item 69 PDF 190 KB

Minutes:

The Lead Executive Member for Finance and Resources presented the report which reviewed the Council’s borrowing and investment activity (Treasury Management) for the period 1^st April to 31^st December 2020 (Q3) and presents performance against the Prudential Indicators.

The Lead Executive Member for Finance and Resources explained that the Bank of England interest rates remained low and that in relation to borrowing, the Council’s Prudential Indicators had not been breached during this period.

RESOLVED:

To endorse the actions of officers on the Council’s treasury activities for Q3 2020/21 and approve the report.

REASON FOR DECISION:

To comply with the Treasury Management Code of Practice, the Executive is required to receive and review regular treasury management monitoring reports.