Agenda item

Treasury Management Annual Report

Minutes:

Jonathan Gratte, Strategic Finance Manager, introduce the report which set out the LGA’s Treasury Management investment performance for the year to 31 December 2018. Members noted that there had been more opportunities to optimise the yield within the LGA’s investment portfolio policy due to interest rate rises in November 2017 and August 2018. Following receipt of the Westminster loan in October 2018 there was a further increase in investment yield.

 

Decision

The LGA Leadership Board noted the LGA’s annual Treasury Management performance for the year to 31 December 2018.

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