PROPOSED CREDIT LIMITS

 

 

 

Credit rating colour indicator (and long term rating where applicable)

Current Money Limit

Proposed Money limit

Time Limit

Banks

Yellow

£5m

£8m

5 years

Banks

Purple

£3m

£7m

2 years

Banks

Orange

£3m

£5m

1 year

Banks – part nationalised

Blue

£3m

£5m

1 year

Banks

Red

£3m

£5m

6 months

Banks

Green

£1m

£3m

100 days

Banks

No colour

Not to be used

Not to be
used

 

Other institutions limit

-

£1m

£3m

5 years

Debt Management Account Deposit Facility

UK sovereign rating

Unlimited

Unlimited

6 months

Local authorities

n/a

£5m

£8m

5 years

Housing associations

Colour bands

£5m

£8m

 

As per colour band

Money Market Funds (all)

AAA

£8m

£10m

liquid

Ultra-Short Dated Bond Funds with a credit score of 1.25

 Dark pink / AAA

£8m

£8m

liquid

Ultra-Short Dated Bond Funds with a credit score of 1.50

Light pink / AAA

£8m

£8m

liquid