Council Investments
Huntingdonshire District Council has reserves invested across 11 banks and building societies mostly held in time deposits maturing from November 2008 until September 2010. These investments have been chosen to safeguard the value of our investments and ensure that cash is available to fund our capital and revenue programme during this period.
Whilst in these uncertain times it is impossible to tell which banks and building societies might experience difficulties we are confident that our investment approach continues to provide as much security as can be expected.
We have no investments in any Icelandic bank.