The primary objective of the liquidity portfolio is to ensure that the Society can meet its financial obligations as and when they fall due. The Society aims to meet these obligations and manage any maturity mismatches of cash flows, whilst considering the quality, quantity, availability and cost of liquid assets.
To enable the Society to meet these obligations, it uses a number of instruments including:
- Certificates of Deposits (CDs)
- Floating Rate Notes (FRNs)
- Residential Mortgage Backed Securities (RMBS)
The Society’s policy of investments is based on the credit quality of the relevant institutions.
For more information about the Society’s approach to Liquidity, please contact the Dealing team at firstname.lastname@example.org