Issue - meetings
TREASURY MANAGEMENT STRATEGY STATEMENT HALF-YEAR REVIEW REPORT 2021/22
Meeting: 06/01/2022 - Cabinet (Item 99)
99 TREASURY MANAGEMENT STRATEGY STATEMENT HALF-YEAR REVIEW REPORT 2021/22 
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To report the Council’s Treasury Management activities and performance during the first half of the 2021/22 financial year (April-September 2021).
RECOMMENDATIONS
1. That Cabinet agree the recommendation to increase the Barclays Counterparty limit to £10m to accommodate the investment in the Barclays Green Investment fund.
2. That following the acquisition of Centenary House, Cabinet agree the recommendation to increase the Operational Boundary and Authorised Limit as detailed in Paragraph 4.3.
Decision:
DECISION
1. That Cabinet agreed the recommendation to increase the Barclays Counterparty limit to £10m to accommodate the investment in the Barclays Green Investment fund. This would be extended to the end of the current financial year.
2. That following the acquisition of Centenary House, Cabinet agreed the recommendation to increase the Operational Boundary and Authorised Limit as detailed in Paragraph 4.3.
Minutes:
This reported the Council’s Treasury Management activities and performance during the first half of the 2021/22 financial year (April-September 2021).
Members discussed the impact of potential rise interest rates on Hart’s future investment strategy. It was clarified that the extension to the Counterparty limit was intended to last until the end of the financial year.
DECISION
1. That Cabinet agreed the recommendation to increase the Barclays Counterparty limit to £10m to accommodate the investment in the Barclays Green Investment fund. This would be extended to the end of the current financial year.
2. That following the acquisition of Centenary House, Cabinet agreed the recommendation to increase the Operational Boundary and Authorised Limit as detailed in Paragraph 4.3.