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.