Medium-Term Debt Management Strategy (MTDSx)
Source details
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- Medium-Term Debt Management Strategy (MTDSx)
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Bibliographic details
- Session: OL 23.205
- Location: Course conducted online
- Dates: May 1, 2023 - April 15, 2024 (50 weeks)
- Delivery method: Online Training
- Primary language: French
- Status: Deadline passed
Program overview and logistics
- Session No.: OL 23.205
- Delivery Method: Online Training
- Location: Course conducted online
- Date: May 1, 2023 - April 15, 2024 (50 weeks)
- Primary Language: French
- Registration status: Deadline passed
- Qualifications: Some knowledge of economics is helpful; Basic Microsoft Excel skills and access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.
Target audience
- Government officials (all are welcome to register), with particular relevance for:
- officials from debt management offices
- treasury departments
- ministries of finance
- ministries of economy
- central banks
- other government officials responsible for providing advice or implementing debt management policies
Course description
- The course is aimed at building capacity to develop a medium-term debt management strategy (MTDS), contributing to improved public debt management.
- It explains the joint International Monetary Fund-World Bank (IMF-WB) MTDS framework.
- It provides comprehensive training on the accompanying analytical tool, MTDS AT.
- The MTDS AT is useful for:
- analyzing quantitatively the cost-risk characteristics of an existing debt portfolio
- assessing the cost-risk trade-offs of alternative financing strategies
- Participants are taught how to develop financing strategies by taking account of:
- the composition of the existing debt portfolio
- developments in key macroeconomic and market conditions
- potential sources of financing
- linkages with the broader medium-term macroeconomic framework, including debt sustainability
Course objectives
Upon completion of the course, participants should be able to:
- Describe the steps in developing an MTDS
- Use the MTDS analytical tool to:
- analyze and identify the costs and risks inherent in the government's existing debt portfolio.
- formulate different market risk scenarios, adapting them to the country's specific situation.
- identify and assess various debt financing strategies under these scenarios by comparing the cost/risk trade-offs.
- Formulate a debt management strategy that is in line with the country's debt management objectives