{
  "title": "Local Currency Bond Market Development (LCBMx)",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2025/lcbmxol25-02",
  "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2025/lcbmxol25-02",
  "overlayPath": "/en/capacity-development/training/icdtc/schedule/ol/2025/lcbmxol25-02/index.md",
  "summary": "Local Currency Bond Market Development Training Program Qualifications Knowledge of economics and finance is helpful.",
  "publishDate": "2025-10-08",
  "sections": [
    {
      "heading": "Program details",
      "content": "- Session No.: OL 25.02\n- Deadline passed\n- Location: Course conducted online\n- Date: October 7, 2025 - December 2, 2025 (8 weeks) New dates\n- Delivery Method: Online Training\n- Primary Language: English\n- Qualifications: Knowledge of economics and finance is helpful.\n- Technical requirements: Access to a computer with a reliable internet connection and a Google Chrome web browser are essential."
    },
    {
      "heading": "Target audience",
      "content": "- Officials from debt management offices\n- Officials from ministries of finance\n- Officials from central banks\n- Financial market regulators\n- Participants in the financial markets of countries in lower stages of development"
    },
    {
      "heading": "Course description and structure",
      "content": "- The course draws on the IMF/WB Guidance Note on Local Currency Bond Markets.\n- It explains the benefits of developing local currency bond markets and discusses the preconditions that should be in place before implementing policies.\n- The course is organized in six different modules, each covering one of the six building blocks of the domestic debt market:\n  - the money markets\n  - the primary markets\n  - the secondary markets\n  - the investor base\n  - the financial market infrastructure\n  - the legal and regulatory framework\n- Participants will have a very good understanding of the functioning and main elements of both the primary and secondary markets."
    },
    {
      "heading": "Course objectives",
      "content": "- Explain the benefits of promoting policies to develop a local currency bond market and the main preconditions that should be in place before implementing these policies.\n- Describe all the relevant components of a domestic debt market, their functioning, and the interlinkages among them.\n- Enable course takers to discuss policies that countries can use to develop their local currency bond markets."
    },
    {
      "heading": "Institutional note",
      "content": "- IMF offers online training to government officials and the public."
    }
  ],
  "bullets": [
    "Session No.: OL 25.02",
    "Deadline passed",
    "Location: Course conducted online",
    "Date: October 7, 2025 - December 2, 2025 (8 weeks) New dates",
    "Delivery Method: Online Training",
    "Primary Language: English",
    "Qualifications: Knowledge of economics and finance is helpful.",
    "Technical requirements: Access to a computer with a reliable internet connection and a Google Chrome web browser are essential.",
    "Officials from debt management offices",
    "Officials from ministries of finance",
    "Officials from central banks",
    "Financial market regulators",
    "Participants in the financial markets of countries in lower stages of development",
    "The course draws on the IMF/WB Guidance Note on Local Currency Bond Markets.",
    "It explains the benefits of developing local currency bond markets and discusses the preconditions that should be in place before implementing policies.",
    "The course is organized in six different modules, each covering one of the six building blocks of the domestic debt market:",
    "Participants will have a very good understanding of the functioning and main elements of both the primary and secondary markets.",
    "Explain the benefits of promoting policies to develop a local currency bond market and the main preconditions that should be in place before implementing these policies.",
    "Describe all the relevant components of a domestic debt market, their functioning, and the interlinkages among them.",
    "Enable course takers to discuss policies that countries can use to develop their local currency bond markets.",
    "IMF offers online training to government officials and the public."
  ],
  "alternates": {
    "markdown": "/en/capacity-development/training/icdtc/schedule/ol/2025/lcbmxol25-02/index.md",
    "json": "/en/capacity-development/training/icdtc/schedule/ol/2025/lcbmxol25-02/index.json",
    "bundleManifest": "/en/capacity-development/training/icdtc/schedule/ol/2025/lcbmxol25-02/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-29T18:41:20.820Z"
}
