The objective of the Queen鈥檚 Sinking Fund is to accumulate sufficient funds to repay the principal amounts of the University鈥檚 external debt at maturity, while abiding by the guidelines specified in the University鈥檚 Debt Management Policy.
The Queen鈥檚 Sinking Fund is a voluntary, internally administered investment fund established to accumulate sufficient funds over time in order to fully repay the principal amount outstanding on the University鈥檚 external debt at maturity. Cash inflows for the Queen鈥檚 Sinking Fund are generated from capital projects, operating funds, and proceeds from the repayment of internal loans provided to University departments and units.