This report summarises the Council’s investment activity up to 31 December 2013 and provides details of the Council’s money market transactions.
Under the Code of Conduct that governs the operation of the money markets, it is not possible to make public details of specific transactions. For this reason, Appendix A is included in the confidential part of the agenda.
This report gives the Executive the opportunity to review the treasury management activity up to 31 December 2013 along with the Treasury and Prudential Indicators.
The overall position is set out in the following table:
Investments |
Externally Managed £m |
Internally Managed £m |
Call Accounts £m |
Total £m |
At 1 April 2013 |
10.0 |
12.0 |
10.8 |
32.8 |
New |
10.0 |
15.0 |
91.8 |
116.8 |
Repaid |
10.0 |
7.0 |
84.9 |
101.9 |
At 31 Dec 2013 |
10.0 |
20.0 |
17.7 |
47.7 |
The actual fixed term investments are set out in Appendix A with more detailed information set out in the briefing paper.
Performance for the first half of the year for the treasury and prudential indicators are shown in detail in Appendix B. During the financial year to date the Council has operated within the treasury limits and prudential indicators.
Decision type: Non-key
Decision status: Recommendations Approved
Decision due: 10 Feb 2014 by Executive
Lead member: Executive Member for Policy & Resources
Lead director: Director of Finance & Resources
Contact: Caroline Hancock Email: chancock@fareham.gov.uk.