Training Program

Officials from debt management offices, central banks, and regulators who deal with topics related to the securities markets in middle and lower-income countries from DMF eligible countries.

Participants are expected to have a degree in economics or finance, or equivalent experience.

This workshop will train officials in the building blocks for local debt market development and the sequencing of policies for developing local debt markets. The building blocks will include primary and secondary markets, money market and associated market infrastructure. The workshop will also cover the primary issuance mechanism and strategies, and regulations governing the debt market and will discuss the challenges faced by these countries in developing their local debt markets.

The Guidance Note on Local Currency Bond Market Development based on which this course will be held has recently been published: https://www.imf.org/en/Publications/analytical-notes/Issues/2021/03/12/guidance-note-for-developing-government-local-currency-bond-markets