Banking & Bond Investment Positions
Dear Sir or Madam,
Please can you provide information regarding Leicester City Council's capital investments highlighted in the following news article:
"Just how safe is our £375 million?"
Leicester Mercury - Wednesday, October 15, 2008, 09:30
http://www.thisisleicestershire.co.uk/ne...
"LEICESTER CITY COUNCIL: The city council has £16 million invested with banking institutions and £64 million in Government bonds; £3 million-plus interest received; Overall budget £800 million."
1) Details of the banking institutions referred to concerning investments of £16 million including (a) the identity of the financial entities managing the investments (b) the terms of the investments including the type of investment funds (c) the totals currently invested with each aforementioned financial entity and (d) changes in investment positions 2001 through 2008.
2) Details of the £64 million in Government bonds, including (a) bond face values (b) coupon rates and (c) maturity schedules.
3) Details of the investments relating to the reported revenue of £3 million-plus in interest.
Yours faithfully,
Tom Keirl
Dear Mr Keirl
FREEDOM OF INFORMATION ACT 2000 - INFORMATION REQUEST
I acknowledge your request for further information received on
02/12/08. Your request is being considered and you will receive the
information requested within the statutory timescale of 20 working days
from the first working day following the date of receipt, which is
05/01/09, as defined by the Freedom of Information Act 2000.
Information is usually provided in paper copy form. If you require
alternative formats, e.g. language, audio, large print, etc. then please
let me know. For your information, the Act defines a number of
exemptions that may prevent release of the information you have
requested. There will be an assessment and if any of the exemption
categories apply then the information specifically covered by the
exemption will not be released, but any other information held that is
relevant to your request will be released.
If the information you request contains reference to a third party then
they may be consulted prior to a decision being taken on whether or not
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A fee maybe payable for this information. You will be informed if a fee
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re-apply for the information should you still want it.
If you have any queries or concerns then please contact:
Mrs Rhona Kingett
Resources Department
Leicester City Council
New Walk Centre
Welford Place
LEICESTER
LE1 6ZG
e-mail: [email address]
Further information is also available from the Information Commissioner
at:
Information Commissioner's Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
Telephone: 01625 545 700
www.informationcommissioner.gov.uk
Yours sincerely
Mrs Rhona Kingett
Information Co-ordinator
Dear Mr Kierl
Please find attached as a pdf document the Council's response to your
request for information.
The attachment also details how you may progress your request should you
be dissatisfied with any part or all of the response.
Yours sincerely
Ed Smith
Head of Information Governance
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