Issue - meetings

To receive a report on investments.

Meeting: 28/09/2022 - Policy and Finance Committee (Item 66)

66 To receive a report on investments. pdf icon PDF 249 KB

Minutes:

Councillor Foster left the meeting.

Councillor Foster returned to the meeting.

 

The Finance Officer reported that since the report on investments was published the second instalment of the precept has been received and the balances held are as follows:

 

  • £200,000 with Public Sector Deposit Fund (Variable Interest Current Average 0.69%)

 

  • £499,499.90 with Barclays Active Saver. (Interest Rate 0.01% rising to 0.15%)

 

  • £500,650 with Nationwide on a 95 Days’ Notice. (Interest Rate 0.4%)

 

  • £998,935.62  with Cornwall Council instant Access Account. (Interest Rate Variable currently between 0.55% - 0.63%)

 

It was RESOLVED to note.


Meeting: 13/09/2022 - Policy and Finance Committee (Item 9.)

9. To receive a report on investments. pdf icon PDF 249 KB