In praise of the Liability Benchmark
Jackie Shute responds to recent criticisms of the framework used to plan the future borrowing requirements of a local authority. I’m not suggesting that this debate will have the same[…]
Author: Jackie Shute
Jackie Shute: Is your borrowing strategy a “no-brainer”?
Borrowing short-term and waiting for the PWLB consultation to finish may not be much of a borrowing strategy for local authorities. Jackie Shute looks at the risks involved. Has there[…]
CIPFA’s risk study registration: Losing interest in treasury management?
The following communication is written by Jackie Shute of PS Live. Jackie will be analysing the results of CIPFA’s treasury management risk survey here on Room151. Losing interest in treasury[…]
Walking the talk: do members understand your risk budget?
Gone are the days in local government of having a nice rest between closing the accounts and thinking about the following year’s budget. And no doubt in many authorities the[…]
To boldly go…
Don’t get me wrong, I am not a Trekkie, so as much as some of you may like the idea of this blog being about Spock and co., you may[…]
Anyone in need of redemption?
OK, so perhaps I don’t mean that question quite as broadly as it sounds – I am of course not referring to the theological use of the term – perhaps[…]
The rise and rise of Prudential Borrowing?
It’s that time of year when treasury practitioners are busy finalising their strategies and going through the seemingly endless cycle of cabinet/scrutiny/council meetings in the bid to put together a[…]
Carry on carrying…
Ok, so I know you treasury professionals out there may not be overly fond of commenting on articles that you have read (and perhaps even found interesting?) but I kick[…]
The credit conundrum: a matter of opinion
What was one of the main criticisms arising from the post Icelandic fallout? Over-reliance on credit ratings. Looking a bit deeper into that, was it a criticism about ratings per[…]
Security, liquidity & yield – in that order?
Without question, security should be the prime consideration of any treasury management investments strategy – perhaps how we ascertain that remains something of a debate but nonetheless it should be[…]
