The objective of the Queen’s Sinking Fund is to accumulate sufficient funds to repay the principal amounts of the University’s external debt at maturity, while abiding by the guidelines specified in the University’s Debt Management Policy.
The Queen’s 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’s external debt at maturity. Cash inflows for the Queen’s Sinking Fund are generated from capital projects, operating funds, and proceeds from the repayment of internal loans provided to University departments and units.