The primary objective of Treasury Services is to utilize cash as efficiently as possible in a manner consistent with the University’s overall strategic objectives.
- Maintaining Liquidity –this refers to the ability to meet upcoming obligations in a timely and cost-effective manner.
- Optimizing Cash Resources –establish systems that reduce holdings of non-earning cash balances to minimum levels while still providing adequate liquidity. Any excess cash balances are either invested to generate additional income or used to reduce interest expense through the repayment of debt.
- Financing –Assist in obtaining both short-and long-term borrowed funds in a timely manner and at an acceptable cost.
- Managing Risk –Assist in monitoring and controlling of the University’s exposure to interest rate, foreign exchange, and other risks.