A presentation was made to the committee by Mike Jensen, chief investment officer, on a review of the county council's treasury management activities during the current financial year to the end of July 2015 and included:
- A review of the economic conditions during 2015/16,
- Borrowing activity,
- Investment activity,
- Actual results measured against 2015/16 Prudential indicators and Treasury Management Indicators.
Officers responded to questions raised by the Members in relation to investment and borrowing activities. It was agreed that further information about the £137m increase in bonds would be circulated to members of the Committee.
Details of the treasury management activities were presented at Appendix 'A'.
Resolved: That the review of treasury management activities for the period 1 April to 31 July 2015 shown at appendix A to the report now presented, be noted.