Issue - decisions

Treasury Management Annual Report 2016/17 and mid year report 2017/18

01/04/2021 - Treasury Management - Stewardship Report 2016/17

39.1     The Cabinet considered a report by the Chief Operating Officer

39.2     It was RESOLVED to note the Treasury Management performance in 2016/17 incorporating the mid year review for the first half of 2017/18


39.3     This report fulfils the requirement to submit an annual/half yearly report in the form prescribed in the Treasury Management Code of Practice. Short term lending throughout the period covered achieved returns between 0.46% and 0.76%. The key principles of security, liquidity and yield are still relevant in the current financial climate, the authority will be looking at future options to improve return within an acceptable level of risk. Exposure to future risk continues to be minimised through proactive and constant review of the treasury management policy.  The emphasis must continue to be able to pre-empt/react quickly if market conditions worsen.