Issue - meetings

Treasury Management Update Quarter 2 - 2020

Meeting: 23/11/2020 - Finance & Performance Scrutiny (Item 559)

559 Treasury Management Update Quarter 2 - 2020/21 pdf icon PDF 406 KB

To report on the Council’s Treasury Management activity in the second quarter of 2020/21.

Minutes:

Members were presented with the report on the Council’s Treasury Management activity in the second quarter of 2020/21 and it was highlighted that the return on short term investments had dropped as interest rates had fallen in the economic downturn. It was predicated that this would get worse in the short term.

 

Members noted the report.