Freedom of information response

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.

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