Issue - meetings

To consider the Treasury Management mid-year review 2021/22 report.

RESOLVED to note the Treasury Management mid-year review report.

The Chair presented the Treasury Management mid-year review 2021/22 report to Cabinet, which provided an update on current Treasury Activities and other factors that could influence or affect the financial market. He referred to the paper attached at Appendix A which had been compiled with the support of the council’s external treasury advisors Arlingclose Ltd. Specifically, he highlighted the Investment Limits (table 7) and noted non-compliance with the Strategy regarding the ‘banks (unsecured) limit’.  This was due to large payments being received after the external investment deadlines had closed.

The report was noted.