This performance monitoring report on the Treasury Management Strategy:  Annual Report and Performance 2015/16 is submitted twice a year:

·         Dec 2015– the position at the 30 September 2015 (Half Year)

·         Sept 2016 – the position at 31 March 2016 (Full Year)

Council considered a report to the City Executive Board on 15 September 2016 setting out the Council’s treasury management activity and performance for the financial year 2015/2016. Appendix 1 proposed limits to Money Market Fund investments, AAA rating, of £25m per institution, with a maximum maturity period of ‘liquid’.

Council resolved to approve the amendment to the Specified Investments list attached at Appendix 1 and paragraphs 35 – 37 of the report.