13 Treasury Management Strategy and Annual Investment Strategy PDF 745 KB
Report by Section 95 Officer
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Additional documents:
Minutes:
Consideration was given to a
report which outlined the proposed Treasury Management Strategy Statement and
Annual Investment Strategy and set out the policy for the repayment of loans
fund advances for 2024-25.
Decision
The Audit and Scrutiny
Committee:-
1. agreed
to endorse the proposed Treasury Management Strategy Statement and Annual
Investment Strategy and the indicators contained within;
2. noted
the continued use of the asset life method for the repayment of loan fund
advances using a 5.1% annuity interest rate, with the exception of spend to
save schemes where the funding/income profile method could be used;
3. noted
the proposed asset repayment periods as detailed within section 2.7 of the
Treasury Management Strategy Statement; and
4. noted
the ability to continue to use countries with a sovereign rating of AA- and
above, as recommended by the Council’s external treasury management
advisors.
(Reference: Report by Head of Financial Services, dated 15
February 2024, submitted)
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