The Treasury Management Club focuses on a
summary of the previous year’s treasury
management activity for both borrowing and
investment, looking at average balances, types of
investment and borrowing and interest paid and
received. A detailed analysis by type of
investments is also carried out.
Market rates vary significantly during the year,
as can the funds available for investment. The
comparisons therefore need to be made monthly,
and on a very precise basis, measuring each
month’s return on the average daily funds invested
during that month. For this purpose we provide
investment spreadsheets that members use to
calculate their monthly balances and returns on a
consistent basis.
Separate comparisons are provided for fixed rate
deposits < 365 days, callable and structured
products, call accounts, money market funds,
investments > 365 days and externally managed
funds. There is a similar comparison of the cost of
temporary borrowing.
For the last two years we have provided quarterly
investment comparisons, providing quick upto-
date feedback for members. We will offer this
again if there is sufficient interest from club
members.
November 2009 |