Developing a Medium-Term Debt Management Strategy (MTDS

3 Mar 2009 Figures. 1a. Examples of Impact of Exchange Rate Depreciation on the Ratio of Public Debt to GDP 4. 1b. REER and Debt in Sub-Saharan African ...

Principles and Practices of Debt Management: Employing a Debt

22 Oct 2014 EMPLOYING A DEBT POLICY. MODERATOR: DAVID BRODSLY MANAGING DIRECTOR

Audit of Public debt MAnAgeMent

2.3 Representative Audit Questions on the Legal Framework for Public Debt Management . 35. 2.4 Audit Criteria for Auditing Legal Framework .

unctad

not only for the effective management of public liabilities but also for the identification of the risks of occurrence of a debt crisis and the limitation 

Institutional Aspects of Public Debt Management in Poland

of Public Debt Management in Poland. Marek Szczerbak. Republic of Poland. Ministry of Finance. Financial Assets and Liabilities Department.

Strengthening Debt Management Practices—Lessons from Country

27 Mar 2007 Organization for Economic Cooperation and Development. PDM. Public Debt Management. PEFA. Public Expenditure and Financial Accountability.

World Bank Document

Policy Research Working Paper. 8544. Study on Public Debt Management Systems and Results of a Survey on Solutions. Used by Debt Management Offices.

Debt Sustainability Assessments: the state of the art

5 Nov 2018 of explicit but also public contingent liabilities (due to bank fragility) makes risk rebalancing and fiscal consolidation/public debt ...

Fiscal policy public debt management and government bond

Fiscal policy public debt management and government bond markets: the case for the Philippines. Diwa C Guinigundo1. Abstract. The fiscal health of the 

Chapter 1 Introduction to Public Debt Management and the Related

participants in public debt management (PDM) and their roles the importance of PDM and auditing

Managing Public Debt: Formulating Strategies and

public debt management (PDM) work program that was particularly focused on strengthening frameworks and capacity in low-income countries (LICs) This comprised three main elements: (i) develop a toolkit to help LICs formulate an effective Medium-Term Debt Management Strategy (MTDS) and apply it in 4–6 countries a year; (ii) undertake debt

Government Debt Management: Designing Debt Management Strategies

After the introduction of the Guidelines for Public Debt Management and the Accompanying Document with country case studies in 2001 and the identification of key challenges in developing sound debt management through a 12-country pilot program the Treasury identified a need for training in core

Managing Public Debt - The World Bank

Good debt management encompasses sound risk and cash management effective coordination with ?scal and monetary policygood governanceand ade- quate institutional and staff capacity With these in place governments can develop and implement effective medium-term debt management strategies

Managing public debt - UNCTAD

software: the Debt Management Financial and Analysis System (DMFAS) The software can be used to manage external and domestic public debt as well as private debt and grants It enables debt officers to establish a complete and up-to-date debt database and to access timely and accurate statistics for reporting and analysis DMFAS can also be

Principles and Practices of Debt Management: Employing a Debt

Oct 22 2014 · Debt Management Policy First Approved in 1990s to Help Governments Develop an All Encompassing Layout for their Debt Management Program Revised (most recently in 2012) to Reflect Changing Market and Practices Other GFOA DEBT Best Practices Stem from This Practice http://gfoa org/sites/default/files/DEBT_DEBT_ MANAGEMENT_POLICY pdf 4

What is public debt management?

Public debt management is the process of establishing and executing a strategy for managing the government’s debt in order to raise the required amount of funding at the lowest possible cost over the medium to long run, consistent with a prudent degree of risk.

What are some examples of government debt management objectives?

Box 1. Examples of government debt management objectives Brazil: To minimize long-term financing costs, while maintaining risks at prudent levels and contributing to the well-functioning of the public bond market.

Should government debt managers have a publicly available strategy?

From an issuance and market development point of view, a publicly available strategy makes the government debt manager more transparent and predictable, and it increases the certainty for investors, with the likely side-effect of lowering the borrowing cost to the Government in the long-run.

What is a debt management strategy?

The debt management strategy is a short and concise document that explains the strategy in as clear and precise a language as possible. When drafting the document, the audience should be kept in mind, i.e. the legislature, the public, the market participants, etc. Objectives and scope Cost and risk of the existing portfolio