Appendix II – Summary of the Treasury Position and Transactions from 1 October 2023 to 31 March 2024
Perth and Kinross Council · 24 April 2024
Back to Finance and Resources Committee — 24 April 2024 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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SUMMARY OF THE TREASURY POSITION AND TRANSACTIONS 1 OCTOBER 2023 TO 31 MARCH 2024 APPENDIX II 1 LONG TERM BORROWING (a) Long Term Borrowing 1 October 2023 to 31 March 2024 Average Average Amount No. Rate (%) Life (years) (£) PWLB - Maturity Loans 2 4.51% 5.7 30,000,000 2 4.51% 5.7 30,000,000 (b) Long Term Debt Repayments 1 October 2023 to 31 March 2024 Average Amount No. Rate (%) (£) Scottish Government - Empty Homes Loan 1 0.00% 140,000 0 0.00% 140,000 (c) Long Term Debt Outstanding Outstanding Average Outstanding Average 30-Sep-23 Rate 31-Mar-24 Rate £ £ Public Works Loan Board 555,000,000 2.39% 585,000,000 2.50% Money Market Loans (LOBO's) 43,200,000 4.59% 43,200,000 4.59% Other Long Term Debt 140,000 0.00% 0 0.00% TOTAL 598,340,000 2.55% 628,200,000 2.64% 2 SHORT TERM BORROWING (a) Short Term Market Borrowing - 1 October 2023 to 31 March 2024 Average Average Average Interest No. Amount (£) Rate (%) Term (Days) (£) Temporary borrowing 1 10,000,000 5.35% 7 10,260.27 1 10,000,000 5.35% 7 10,260.27 (b) Short Term Borrowing Outstanding Outstanding Average Outstanding Average 30-Sep-23 Rate 31-Mar-24 Rate £ £ Market Borrowing 0 0.00% 0 0.00% Common Good and Charitable Funds 2,293,508 3.95% 2,414,508 4.81% Local Trusts & Investors 3,129,650 4.69% 2,247,591 4.58%
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SUMMARY OF THE TREASURY POSITION AND TRANSACTIONS 1 OCTOBER 2023 TO 31 MARCH 2024 APPENDIX II TOTAL 5,423,158 4.38% 4,662,099 4.69% 3 INVESTMENTS (a) Investment Transactions - 1 October 2023 to 31 March 2024 Average Average Average Total Fixed Deposits & Investments No. Amount (£) Rate (%) Term (Days) Interest (£) Banks 1 5,000,000 5.38% 56 41,271.23 Foreign Banks and Institutions 1 5,000,000 5.44% 85 63,342.47 Other Local Authorities 10 5,250,000 6.74% 18 174,082.19 12 5,208,333 6.53% 27 278,695.89 Average Average Total Instant/Notice Accounts & Money Market Funds Amount (£) Rate (%) Interest (£) Instant Access/Notice accounts 498,335 4.58% 7,426.26 Money Market Funds 9,433,125 5.34% 384,349.84 6,949,447 5.32% 391,776.11 (b) Investments Outstanding Outstanding Average Outstanding Average 30-Sep-23 Rate 31-Mar-24 Rate £ £ UK Banks 60,107,877 5.59% 25,008,505 5.91% Foreign Banks and Institutions 43,000,000 5.45% 10,000,000 5.94% Other Local Authorities 25,000,000 4.54% 29,500,000 7.18% Money Market Funds 5,025,000 5.35% 1,025,000 5.29%