OTM's Debt/Asset Management Office (D/AM) is responsible for managing the University’s Central Bank. The Bank consolidates the cash flows of the University and holds short-term funds of the schools and units as deposits. In addition, it is the vehicle for raising debt in the external capital markets and allocating it for capital projects and working capital needs. D/AM works closely with Harvard Planning and Project Management, and develops the University's debt strategy to help finance capital projects.
The Debt/Asset Management Office and the University's Central Bank can:
- Provide debt financing interest rates to internal borrowers for
capital projects throughout Harvard
- Provide guidance on the CAPS loan application
- Provide amortization forecasting tools