Training Program Course

Medium-Term Debt Management Strategy (MTDSx)

This course is designed to build capacity in developing and implementing a sound Medium-Term Debt Management Strategy (MTDS). Delivered through a blend of video lectures, guided exercises, and hands-on simulations, the course introduces participants to the joint IMF-World Bank MTDS framework and the analytical tool (MTDS AT). Participants explore how to assess and manage the cost-risk trade-offs of various debt management strategies using the MTDS Analytical Tool (MTDS AT). The course emphasizes practical application, enabling learners to analyze their own debt portfolios in the context of macroeconomic indicators, market conditions, and financing options.
Target Audience
Officials from debt management offices, ministries of finance, or central banks who deal with public debt management.
Qualifications
Participants are expected to have a degree in economics or finance, or equivalent experience.
Course Objectives
Upon completion of this course, participants should be able to:
- Describe the steps in developing an MTDS (the IMF-WB MTDS framework).
- Analyze the central government debt portfolio to identify the costs and risks inherent in the existing debt.
- Formulate different market risk scenarios (baseline and shock scenarios), adapting them to the country's specific situation.
- Identify and assess various financing strategies under these scenarios and compare the cost/risk trade-offs involved.
- Use the quantitative MTDS analytical tool that accompanies the MTDS framework.
- Present the results of the analysis in a manner that enhances its value for policy purposes.
- Formulate a strategy that is in line with debt management objectives.
Upcoming Offering
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| May 1, 2025 | April 15, 2026 | Course conducted online | Online Training | OL 25.190 | French | Apply online by April 1, 2026 |
| May 1, 2025 | April 15, 2026 | Course conducted online | Online Training | OL 25.191 | Spanish | Apply online by April 1, 2026 |
| May 1, 2025 | April 15, 2026 | Course conducted online | Online Training | OL 25.189 | English | Apply online by April 1, 2026 |
| September 1, 2025 | December 31, 2025 | Course conducted online | Online Training | OL 25.233 | Russian | Apply online by December 15, 2025 |


