Training Program

Mid to senior-level officials, including lawyers and legal advisors, from finance ministry, treasury department, debt management offices, cash management units, and central banks.

Participants are expected to have a degree in law, economics or finance, or equivalent experience, as well as at least five years of working experience in public debt.

Recognizing the challenges imposed upon sovereign borrowers by the evolving complexity of debt portfolio and the diversification in the landscape of creditors, this course, presented jointly by the Legal Department (Fund Law and Financial and Fiscal Law Divisions) and the Monetary and Capital Markets Department (Debt Capital Markets Division), aims to familiarize participants with (i) complex forms of debt contracts; (ii) primary and secondary legislation affecting debt contracts; (iii) institutional arrangements and disclosure requirements for proper debt data recording, monitoring, and reporting; and (iv) key financial and non-financial clauses that any sovereign needs to monitor closely across their debt contracts, including collateralization and confidentiality policies and clauses.