## Developing Domestic Debt Markets

## Source details

**Canonical URL:** [Developing Domestic Debt Markets](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/ddmce24-24)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ce/2024/ddmce24-24/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ce/2024/ddmce24-24/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ce/2024/ddmce24-24/bundle-manifest.json)

## Bibliographic details
- Session: CE 24.24
- Location: Kuwait City, Kuwait
- Dates: October 27-31, 2024 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed

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### Target audience and qualifications
- Target Audience:
  - Officials from debt management offices, central banks, and regulators who deal with topics related to the securities markets in middle and lower-income countries.
- Qualifications:
  - Participants are expected to have a degree in economics or finance, or equivalent experience.

### Course description
- The course covers an array of issues related to the development of local government bond markets.
- The revamped course is structured based on the new diagnostic on Guidance Note for Developing Government Local Currency Bond Markets jointly prepared by the IMF and World Bank.
- Training focuses on the relevant macro-financial environment and key building blocks that support market development.
- Participants are trained to develop a deeper understanding of the interlinkages between each building block and the associated challenges around their development.
- Based on a set of metrics on outcome and policy indicators, participants are trained to undertake a self-assessment on the stage of market development for the building blocks to identify the gaps and key constraints.

### Key components and market building blocks covered
- Money Market
- Primary Market
- Secondary Market
- Investor Base
- Legal and Regulatory Framework
- Market Infrastructure

### Course objectives
- Describe the importance of connected markets for the development of the government bond market.
- Assess the main challenges to deepening a local debt market.
- Formulate effective policies and practices for the money and government bond markets that support market development.
- Explain the need for stakeholder coordination with a range of government agencies and market participants.
- Develop effective investor relations practices and diversification of the investor base.
- Undertake a self-assessment on the stage of market development to identify gaps and key constraints.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2024/ddmce24-24_