Appendix 2 - Summary of the Treasury Position and Transactions from 1 April to 30 June 2023
Perth and Kinross Council · 13 September 2023
Back to Finance and Resources Committee — 13 September 2023 and its agenda
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SUMMARY OF THE TREASURY POSITION AND TRANSACTIONS 1 APRIL TO 30 JUNE 2023 APPENDIX II 1 LONG TERM BORROWING (a) Long Term Borrowing 1st April to 30th June 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 April to 30th June 2023 Average Amount No. Rate (%) (£) PWLB - Maturity Loan - Scheduled Repayments 1 3.30% 5,000,000 1 3.30% 5,000,000 (c) Long Term Debt Outstanding Outstanding Average Outstanding Average 31-Mar-23 Rate 30-Jun-23 Rate £ £ Public Works Loan Board 560,000,000 2.40% 555,000,000 2.39% 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 603,340,000 2.56% 598,340,000 2.55% 2 SHORT TERM BORROWING (a) Short Term Market Borrowing - 1st April to 30th June 2023 Average Average Average Interest No. Amount (£) Rate (%) Term (Days) (£) Temporary borrowing 2 4,500,000 4.13% 23 23,103.56 2 4,500,000 4.13% 23 23,103.56 (b) Short Term Borrowing Outstanding Outstanding Average Outstanding Average 31-Mar-23 Rate 30-Jun-23 Rate £ £ Market Borrowing 0 0.00% 0 0.00% Common Good and Charitable Funds 2,293,508 3.93% 2,293,508 3.95% Local Trusts & Investors 3,117,401 3.63% 4,298,550 4.46% TOTAL 5,410,909 3.76% 6,592,058 4.28%
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SUMMARY OF THE TREASURY POSITION AND TRANSACTIONS 1 APRIL TO 30 JUNE 2023 APPENDIX II 3 INVESTMENTS (a) Investment Transactions - 1st April to 30th June 2023 Average Average Average Total Fixed Deposits & Investments No. Amount (£) Rate (%) Term (Days) Interest (£) Banks 2 7,500,000 5.69% 338 784,349.32 Foreign Banks and Institutions 5 5,600,000 5.53% 249 1,078,586.58 Other Local Authorities 2 5,000,000 4.48% 30 36,780.82 9 4,777,778 5.58% 280 1,899,716.71 Average Average Total Instant/Notice Accounts & Money Market Funds Amount (£) Rate (%) Interest (£) Instant Access/Notice accounts 2,212,215 4.24% 34,003.90 Money Market Funds 8,075,298 4.32% 110,777.83 6,120,937 4.31% 144,781.73 (b) Investments Outstanding Outstanding Average Outstanding Average 31-Mar-23 Rate 30-Jun-23 Rate £ £ UK Banks 99,650,000 3.42% 71,050,000 4.33% Foreign Banks and Institutions 32,000,000 3.89% 53,000,000 4.69% Money Market Funds 0 0.00% 0 0.00% Other Local Authorities 42,000,000 4.47% 30,000,000 4.58% TOTAL 173,650,000 3.76% 154,050,000 4.50%