Your Councillors

Appendix I

 

Maidstone Borough Council Investments as at 31st March 2019

Counterparty

Type of Investment

Principal††††† £

Start Date

Maturity Date

Rate of Return

Arlingclose Credt Limits

 

 

 

 

 

 

Suggested Term

†Maximum Deposit

Thurrock Borough Council

Fixed Term Deposit

2,000,000

15/11/2018

15/04/2019

0.87%

5 Years

£5,000,000

Lancashire County Council

Fixed Term Deposit

1,000,000

17/04/2018

16/04/2019

1.00%

5 Years

£5,000,000

Thurrock Borough Council

Fixed Term Deposit

2,000,000

27/09/2018

26/04/2019

0.92%

5 Years

£5,000,000

Suffolk County Council

Fixed Term Deposit

2,000,000

22/03/2019

28/05/2019

0.85%

5 Years

£5,000,000

Wirral MBC

Fixed Term Deposit

4,000,000

29/03/2019

29/05/2019

0.80%

5 Years

£5,000,000

Cherwell District Council

Fixed Term Deposit

2,000,000

15/10/2018

15/07/2019

1.05%

5 Years

£5,000,000

London Borough of Croydon

Fixed Term Deposit

2,000,000

01/05/2018

01/05/2020

1.05%

5 Years

£5,000,000

Lloyds Bank Plc

Notice Account Deposit

13,997

 

 

0.95%

6 months

£3,000,000

Svenska Handelsbanken

Notice Account Deposit

377

 

 

0.85%

13 months

£3,000,000

15,014,374