Update on investments and borrowings and progress against treasury indicators

A report by the Interim Director of Finance presented a review of Treasury Management policies, practices and activities during the third quarter of 2012/13.  It confirmed compliance with treasury limits and prudential indicators being prepared in accordance with the revised CIPFA Treasury Management Code and the revised Prudential Code for Capital Finance in Local Authorities.

RESOLVED:

That the Treasury Management Performance Monitoring Report be accepted in meeting the Council’s obligations under the Treasury Management Code.