Medium-Term Debt Management Strategy Framework
Source details
- Canonical URL
- Medium-Term Debt Management Strategy Framework
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Bibliographic details
- Session: OL 24.128
- Location: Course conducted online
- Dates: March 14, 2024 - April 18, 2024 (4 weeks)
- Delivery method: Online Training
- Primary language: Spanish
- Status: Deadline passed
Course overview
- Title: Medium-Term Debt Management Strategy Framework (MTDSx)
- Session No.: OL 24.128
- Date: March 14, 2024 - April 18, 2024 (4 weeks)
- Delivery Method: Online Training
- Location: Course conducted online
- Primary Language: Spanish
- Deadline status: Deadline passed
Qualifications and technical requirements
- Some knowledge of economics is helpful.
- Basic Microsoft Excel skills are required.
- Access to a computer with a reliable Internet connection and a Google Chrome web browser is essential.
Target audience
- All government officials are welcome to register.
- Particularly useful 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 and scope
- Aim: Build capacity to develop a medium-term debt management strategy (MTDS), contributing to improved public debt management.
- Framework covered: Joint International Monetary Fund-World Bank (IMF-WB) MTDS framework.
- Analytical tool: Comprehensive training on the accompanying analytical tool, MTDS AT.
- Uses of MTDS AT:
- Analyze quantitatively the cost-risk characteristics of an existing debt portfolio.
- Analyze cost-risk trade-offs of alternative financing strategies.
- Topics in financing strategy development:
- 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, 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.