Banking & Bond Investment Positions
Tom Keirl made this Freedom of Information request to Leicester City Council
This request has been closed to new correspondence. Contact us if you think it should be reopened.
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
"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.
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
to release the information to you. You will be informed if this is the
A fee maybe payable for this information. You will be informed if a fee
is payable and, in this event, the fee must be paid before the
information is processed and released. The 20 working day time limit for
responses will be suspended until receipt of the payment. Please be
aware that if payment is not received within 3 calendar months of the
date of this letter, your request will be closed and you will have to
re-apply for the information should you still want it.
If you have any queries or concerns then please contact:
Mrs Rhona Kingett
Leicester City Council
New Walk Centre
e-mail: [email address]
Further information is also available from the Information Commissioner
Information Commissioner's Office
Telephone: 01625 545 700
Mrs Rhona Kingett
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.
Head of Information Governance
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