Decision details

MID YEAR REVIEW OF 2020/21 TREASURY MANAGEMENT STRATEGY

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

In response to a question regarding investments within the EU, Officers advised that although one fund in Luxembourg had closed the Council’s Treasury Management Advisors did not anticipate any further problems but that the situation would continue to be monitored.

 

It was RESOLVED:

 

1.         That Council be recommended to approve the 2020/21 Treasury Management Mid Year review.

2.         That Council be recommended to approve the latest approved Countries for Investments list (Appendix D to the report).

3.         That the updated authorised and operational borrowing limits be approved (Paragraph 4.4.7 in the report).

Publication date: 19/11/2020

Date of decision: 17/11/2020

Decided at meeting: 17/11/2020 - Audit Committee

Accompanying Documents: