Appendix II – Summary of the Treasury Position and Transactions from 1 January to 31 March 2023
Perth and Kinross Council · 26 April 2023
Back to Finance and Resources Committee — 26 April 2023 and its agenda
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SUMMARY OF THE TREASURY POSITION AND TRANSACTIONS 1 JANUARY TO 31 MARCH 2023 APPENDIX II 1 LONG TERM BORROWING (a) Long Term Borrowing 1st January to 31st March 2023 Average Average Amount No. Rate (%) Life (years) (£) None 0 0.00% 0.00 0 0 0.00% 0.0 0 (b) Long Term Debt Repayments 1st January to 31st March 2023 Average Amount No. Rate (%) (£) PWLB - Maturity Loan - Scheduled Repayments 1 4.22% 3,000,000 1 4.22% 3,000,000 (c) Long Term Debt Outstanding Outstanding Average Outstanding Average 31-Dec-22 Rate 31-Mar-23 Rate £ £ Public Works Loan Board 563,000,000 2.41% 560,000,000 2.40% Money Market Loans (LOBO's) 43,200,000 4.59% 43,200,000 4.59% Other Long Term Debt 140,000 0.00% 140,000 0.00% TOTAL 606,340,000 2.56% 603,340,000 2.56% 2 SHORT TERM BORROWING (a) Short Term Market Borrowing - 1st January to 31st March 2023 Average Average Average Interest No. Amount (£) Rate (%) Term (Days) (£) Temporary borrowing 1 3,000,000 4.00% 17 5,589.04 1 3,000,000 4.00% 17 5,589.04 (b) Short Term Borrowing Outstanding Outstanding Average Outstanding Average 31-Dec-22 Rate 31-Mar-23 Rate £ £ Market Borrowing 0 0.00% 0 0.00% Common Good and Charitable Funds 2,131,508 1.14% 2,293,508 3.93% Local Trusts & Investors 4,129,401 2.86% 3,117,401 3.63% TOTAL 6,260,908 2.27% 5,410,908 3.76%
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SUMMARY OF THE TREASURY POSITION AND TRANSACTIONS 1 JANUARY TO 31 MARCH 2023 APPENDIX II 3 INVESTMENTS (a) Investment Transactions - 1st January to 31st March 2023 Average Average Average Total Fixed Deposits & Investments No. Amount (£) Rate (%) Term (Days) Interest (£) Banks 3 8,333,333 4.50% 254 800,561.64 Foreign Banks and Institutions 5 5,000,000 3.87% 98 299,611.78 Other Local Authorities 6 7,000,000 4.47% 233 1,214,471.23 14 3,571,429 4.19% 176 2,314,644.66 Average Average Total Instant/Notice Accounts & Money Market Funds Amount (£) Rate (%) Interest (£) Instant Access/Notice accounts 425,895 1.38% 1,093.38 Money Market Funds 6,529,455 3.72% 89,379.33 4,377,559 3.64% 90,472.71 (b) Investments Outstanding Outstanding Average Outstanding Average 31-Dec-22 Rate 31-Mar-23 Rate £ £ UK Banks 98,023,256 2.81% 99,650,000 3.42% Foreign Banks and Institutions 88,000,000 2.95% 32,000,000 3.89% Money Market Funds 1,650,000 3.28% 0 0.00% Other Local Authorities 20,000,000 0.75% 42,000,000 4.47% TOTAL 207,673,256 2.67% 173,650,000 3.76%