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- Treasury Bills & Bonds
- Who it's for
- Public sector treasuries
Public sector treasuries
Cities, agencies and public bodies often hold reserves in treasury bills and notes. Investment policy limits who may act and with which counterparties, and auditors expect a clear record of every decision and settlement. Coupons and maturities feed the budget cash plan.
How Treasury Bills & Bonds is set up for you
Approved counterparties
Keep the banks and custodians approved by policy with eligibility notes the approver can read.
Documented decisions
Each approval records the version, reason and approver.
Mandates on file
Attach the board or council mandate to the instructions it authorizes.
Evidence for audit
Provider statements, confirmations and receipts stay with each instruction.
Cities, agencies and public bodies often hold reserves in treasury bills and notes. Investment policy limits who may act and with which counterparties, and auditors expect a clear record of every decision and settlement. Coupons and maturities feed the budget cash plan.
Start with the reserve fund and its custodian. Load approved counterparties, accounts and current holdings. Run new purchases and maturities through approval and settlement for one quarter, and walk the auditors through the evidence trail before adding other funds.
[Plan the rollout](/treasury-bills-bonds/implementation), [review the modules](/treasury-bills-bonds#modules), and [compare the source data](/treasury-bills-bonds/data-model).
Features to start with
Bank Instructions
Draft each banking instruction with its counterparty, amount, value date and balanced debit and credit accounts.
Review Queue
Record an independent approver's decision on the exact version of each instruction and cash flow.
Security Cash Flows
Schedule coupon and maturity cash flows for held bills and bonds and reconcile them to custodian receipt.
Roles on the team
- Treasury Preparer
- Drafts banking instructions with their balanced account scope and schedules coupon and maturity cash flows for held securities.
- Treasury Approver
- Independently approves, rejects or returns each submitted instruction version and each scheduled coupon or maturity reconciliation.
- Settlement Analyst
- Submits authorized instructions to the provider, verifies bank evidence and resolves operation exceptions.
- Reconciliation Accountant
- Imports balance snapshots and provider movements and matches them to instructions.
- Admin
- Maintains legal entities, counterparties, accounts, team members and access without approving treasury activity.
Set up Treasury Bills & Bonds your way.
Start free, then use Proto to change fields, steps and approvals before your team goes live.