The Group's financial reputation was reaffirmed this year with an Aa2 rating from Moody's Investor Services for the second year running and a top financial viability rating from the Tenant's Service Authority (TSA) for the fourth year. There is no one in our sector with a stronger credit rating than this, which makes us an attractive proposition for future investors. Confirmation of financial strength ensures we are well placed to continue with our corporate plan and vision. We are also in a good position to meet demands and pursue opportunities presented by the challenging economic outlook.

Thanks to our strong financial situation, The Hyde Group raised bond finance of £200m during the 2010, with the option to draw down a further £50m. A lending rate of 5.125% was secured - the most favourable achieved by any social housing provider since 2008. The Group was specially commended for 'innovative features and flexible treasury management' at the Treasury 'Deals of the Year Awards 2011' and in addition was praised by Housing Minister, Grant Shapps MP. This bond will enable us to continually improve services to our residents and look for new opportunities to provide affordable homes.

• To know more about our accomplishments visit our Award page.
• To know more about our financial reports visit our Performance & Reports pages.