debt management masterclass 2015


As part of CIPFA’s ongoing commitment to enhancing best practice treasury management across the public sector, the Treasury Management Network delivers Masterclass events on key treasury themes.

Why does Debt Management require a Masterclass? Making the right debt management decisions is critical to your medium term financial strategies, with ongoing austerity and an anaemic investment environment the cost of capital financing has risen to the top of many treasury managers agenda especially as many authorities seek to counter the decline of RSG via innovative regeneration schemes.

This year our MasterClass focused on managing key risks and looked at some interesting opportunities. We reviewed issues surrounding refinancing risk as many authorities have managed counterparty risk on their investments by internal financing, this is not a long term strategy. So faced with prospect of a rising interest rate environment, What steps are required to deal with the backlog of internal borrowing and indeed the financing of capital schemes designed to alleviate the decline in RSG.

This was a risk based event looking at the options that exist for current portfolio management and we also covered future debt financing options.