Appendix II – Summary of Treasury Position and Transactions from 1 April to 30 Sept 24
Perth and Kinross Council · 20 November 2024
Back to Finance and Resources Committee — 20 November 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 APRIL TO 30 SEPTEMBER 2024 APPENDIX II 1 LONG TERM BORROWING (a) Long Term Borrowing 1 April to 30 September 2024 Average Average Amount No. Rate (%) Life (years) (£) Local Authority Bond (3 years) 1 4.35% 3 20,000,000 1 4.35% 3 20,000,000 (b) Long Term Debt Repayments 1 April 2024 to 30 September 2024 Average Amount No. Rate (%) (£) PWLB - Maturity Loan - Scheduled Repayments 2 4.11% 5,500,000 2 4.11% 5,500,000 (c) Long Term Debt Outstanding Outstanding Average Outstanding Average 31-Mar-24 Rate 30-Sep-24 Rate £ £ Public Works Loan Board 585,000,000 2.50% 579,500,000 2.48% Money Market Loans (LOBO's) 43,200,000 4.59% 63,200,000 4.51% Other Long Term Debt 0 0.00% 0 0.00% TOTAL 628,200,000 2.64% 642,700,000 2.68% 2 SHORT TERM BORROWING (a) Short Term Market Borrowing - 1 April to 30 September 2024 Average Average Average Interest No. Amount (£) Rate (%) Term (Days) (£) Temporary borrowing 2 5,000,000 5.23% 16 22,965.75 2 5,000,000 5.23% 16 22,965.75 (b) Short Term Borrowing Outstanding Outstanding Average Outstanding Average 31-Mar-24 Rate 30-Sep-24 Rate £ £ Market Borrowing 0 0.00% 0 0.00% Common Good and Charitable Funds 2,414,508 4.81% 2,414,508 4.80% Local Trusts & Investors 2,247,591 4.58% 3,592,640 4.47% TOTAL 4,662,099 4.69% 6,007,148 4.60%
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SUMMARY OF THE TREASURY POSITION AND TRANSACTIONS 1 APRIL TO 30 SEPTEMBER 2024 APPENDIX II 3 INVESTMENTS (a) Investment Transactions - 1 April to 30 September 2024 Average Average Average Total Fixed Deposits & Investments No. Amount (£) Rate (%) Term (Days) Interest (£) Banks 6 5,833,333 5.29% 59 299,647.95 Foreign Banks and Institutions 6 4,333,333 5.15% 88 325,044.66 Other Local Authorities 8 4,500,000 5.34% 50 265,435.62 20 4,850,000 5.27% 64 890,128.22 Average Average Total Instant/Notice Accounts & Money Market Funds Amount (£) Rate (%) Interest (£) Instant Access/Notice accounts 448,944 5.00% 7,437.41 Money Market Funds 9,736,786 5.16% 419,483.57 6,972,177 5.16% 426,920.98 (b) Investments Outstanding Outstanding Average Outstanding Average 31-Mar-24 Rate 30-Sep-24 Rate £ £ UK Banks 25,008,505 5.91% 1,305,563 4.87% Foreign Banks and Institutions 10,000,000 5.94% 26,000,000 5.15% Other Local Authorities 29,500,000 7.18% 5,000,000 5.00% Money Market Funds 1,025,000 5.29% 9,150,000 5.02% TOTAL 65,533,505 6.48% 41,455,563 5.09%