Freedom of information response

Borrowing/Lending

Publication date: 
Friday 28 February 2020
Request: 

1.  a list of all existing and outstanding borrowing, identifying for each:

·    the source (PWLB, LOBO, other Local Authority etc),

·    the type (annuity, maturity, EIP etc),

·    the maturity date,

·    the interest rate and

·    whether the rate is fixed or variable.

2.   the extent (if any) to which the Authority has lent to any wholly owned companies, identifying:

·    the name of the beneficiary,

·    the loan type (annuity, maturity, EIP etc),

·    the maturity date,

·    the interest rate and again

·    whether the rate is fixed or variable of each.

3   the name of the officer responsible for Treasury Management borrowing decisions.

Response: 

1. Please see attached document Appendix A

2. Please see attached document Appendix A

3. Sean Clark

The attached details our PWLB and LOBO borrowings as these are non-competitive markets now. The LOBO are 15-20 years old and rates have moved considerably whereas the PWLB loans are from the Government and all Authorities will pay the same rate.

You are free to use any information supplied to you for your own use, including non-commercial research purposes.  However, any other type of re-use, for example, by publishing the information or issuing copies to the public will require the permission of the copyright owner.

Request reference:
FOI 9764