SLY

The key short-term investment principles and prioritisation of:

Security

Liquidity and

Yield

This ordering of the principles and considerations is fundamentally important.

The safety and security of the funds invested are always the first priority.

Yield is the least important of the three considerations.

See also

• Cash
• Investment
• Liquidity
• Security
• Short-term
• Yield

Other resources

• The Icelandic banking saga and English local authorities, UK Audit Commission, 2009
• Safety first, The Treasurer, 2015