## Medium-Term Debt Management Strategy (MTDSx)

## Source details

**Canonical URL:** [Medium-Term Debt Management Strategy (MTDSx)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2023/mtdsxol23-205)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2023/mtdsxol23-205/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2023/mtdsxol23-205/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2023/mtdsxol23-205/bundle-manifest.json)

## 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

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### 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

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## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Executive Training 2 on Fiscal Policy Considerations (FPA)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fpcce26-16)
- [Tax Regional Workshop on Strategic Management](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/taxce26-43)
- [Institutional Sector Accounts-Advanced - Blended (ISA-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2027/isa-ahq27-02)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2023/mtdsxol23-205_