{
  "title": "Local Currency Bond Market Development (LCBM)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2026/lcbmct26-15",
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  "summary": "Local Currency Bond Market Development Training Program Target Audience Officials from debt management offices, central banks, and regulators that deal with topics related to the securities markets in middle and lower-income countries.",
  "publishDate": "2026-04-01",
  "sections": [
    {
      "heading": "Program overview and logistics",
      "content": "- Event: Session No.: CT 26.15\n- Location: Shenzhen, China\n- Date: August 31, 2026 - September 4, 2026 (1 week)\n- Delivery Method: In-person Training\n- Primary Language: English\n- Registration status: Deadline passed"
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- Target Audience:\n  - Officials from debt management offices, central banks, and regulators that deal with topics related to the securities markets in middle and lower-income countries.\n- Qualifications:\n  - Participants are expected to have a degree in economics or finance, or equivalent experience."
    },
    {
      "heading": "Course description — scope and structure",
      "content": "- The course covers an array of issues related to the development of local government bond markets.\n- The revamped course is structured based on the new diagnostic Guidance Note for Developing Government Local Currency Bond Markets jointly prepared by the IMF and World Bank.\n- Training topics include:\n  - Money Market\n  - Primary Market\n  - Secondary Market\n  - Investor Base\n  - Legal and Regulatory Framework\n  - Market Infrastructure\n- The course emphasizes:\n  - The relevant macro-financial environment for market development.\n  - Interlinkages between each building block and associated development challenges.\n  - Use of a set of metrics on outcome and policy indicators to undertake a self-assessment on the stage of market development for the building blocks to identify gaps and key constraints."
    },
    {
      "heading": "Learning objectives",
      "content": "Upon completion of this course, participants should be able to:\n- Describe the importance of connected markets for the development of the government bond market.\n- Assess the main challenges to deepening a local debt market.\n- Explain the need for stakeholder coordination with a range of government agencies and market participants.\n- Develop effective investor relations practices and diversification of the investor base.\n- Undertake a self-assessment on the stage of market development to identify gaps and key constraints."
    }
  ],
  "bullets": [
    "Event: Session No.: CT 26.15",
    "Location: Shenzhen, China",
    "Date: August 31, 2026 - September 4, 2026 (1 week)",
    "Delivery Method: In-person Training",
    "Primary Language: English",
    "Registration status: Deadline passed",
    "Target Audience:",
    "Qualifications:",
    "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 Guidance Note for Developing Government Local Currency Bond Markets jointly prepared by the IMF and World Bank.",
    "Training topics include:",
    "The course emphasizes:",
    "Describe the importance of connected markets for the development of the government bond market.",
    "Assess the main challenges to deepening a local debt market.",
    "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."
  ],
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  },
  "generatedAtUtc": "2026-09-29T17:06:22.020Z"
}