Finnegan’s Take: Co-op alarm bells sound all too familiar
Most of my blogs in the last year have touched upon credit risk in one way or another. Much of that credit risk had a ‘far away’ feel, concerning the[…]
Mark Finnegan
Treasurer’s reflections – Q1: Cyprus & PWLB rates
Another quarter and another Eurozone sovereign/banking calamity. Perhaps the greatest shock would be a quarter without one! This time we all check our exposures to Cyprus – probably very unlikely[…]
Treasurer’s reflections – Q4: Revenue strikes again!
My first reflection this year concentrated on the HRA self-financing debt settlement – treasury staff at many local authorities had spent considerable time in 2011 investigating the myriad financing opportunities[…]
Treasurer’s reflections – Q3: Catch 22
Looking over my Q2 commentary there was little bright news to console local authority investment managers in the macro economy – plus ca change. Whilst the Eurozone rollercoster seemed to[…]
Treasurer’s reflections – Q2: Yields & Risk
Greek elections, Spanish bank bailouts, UK bank downgrades, ECTRF, LIBOR fixing – the treasury arena attracted more than its fair share of headlines in Q2. The news was rarely positive. […]
Treasurer’s reflections – Q1: HRA & Counterparties
Q1 was a busy and turbulent time for local authority treasurers as they took on HRA debt, digested the budget and the PWLB rate change and continued to look for[…]
