Issue - meetings

Treasury Management Q3 Performance Report 2011/12

 

 

Meeting: 06/02/2012 - Executive (Item 8)

8 Treasury Management Q3 Performance Report 2011/12 (Non-Key) pdf icon PDF 98 KB

To consider a report of the Executive Councillor (Finance)

 

The report informs the Executive on quarter three performance and activity of the Council's Treasury Management function for 2011/2012.

 

Investment performance has been sustained throughout the third quarter of the financial year and the Council continues to make a respectable investment return despite prevailing low interest rates.

 

The Executive is recommended to receive this report in line with best practice guidelines.

 

Officer contact: Lorna Salvage, 0161 474 4026, lorna.salvage@stockport.gov.uk

Minutes:

The Executive Councillor (Finance) submitted a report (copies of which had been circulated) inviting the Executive Meeting to consider third quarter performance and activity of the Council's Treasury Management function for 2011/12. Investment performance had been sustained throughout the third quarter of the financial year and the Council continued to make a respectable investment return despite prevailing low interest rates.

 

RESOLVED – That the reported be noted and received in line with best practice guidelines.