Training Program

Officials from debt management offices, ministries of finance, central banks, and financial market regulators should benefit from this course. Participants in the financial markets of countries in lower stages of development are also welcome to register. 

Knowledge of economics and finance is helpful. Access to a computer with a reliable internet connection and a Google Chrome web browser are essential.

This course draws on the IMF/WB Guidance Note on Local Currency Bond Markets. It explains the benefits of developing these markets and discuss the preconditions that should be in place before implementing policies in this regard. The course is organized in six different modules, each covering one of the six building blocks of the domestic debt market, namely the money markets, the primary markets, the secondary markets, the investor base, the financial market infrastructure, and the legal and regulatory framework.  Participants will have a very good understanding of the functioning and main elements of both the primary and secondary markets.