What is public debt management?
GUIDELINES FOR PUBLIC DEBT MANAGEMENT I. WHAT IS PUBLIC DEBT MANAGEMENT AND WHY IS IT IMPORTANT? 1. Sovereign 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 finding, achieve its
What is public debt according to modern monetary theory?
According to the Modern Monetary Theory, public debt is such private wealth and the interest payment on a debt which is considered as private income within a state (Aybarc, 2019). This outstanding...
How to manage debt in the primary market?
And, debt managers should maintain an ongoing dialogue with market Debt management operations in the primary market should be transparent and 35 instruments, such as majority voting rules. Some countries are considering attaching renegotiation or collective action clauses to their debt
Should debt management operations be publicly disclosed?
Materially important aspects of debt management operations should be publicly disclosed. The Code of Good Practices on Fiscal Transparency-Declaration on Principles highlights the importance and need for a clear legal and administrative framework for debt