Medium-Term Debt Management Strategy (MTDSx)

Source details

Session No.: OL 26.183
Location: Course conducted online
Date: May 1, 2026 - April 15, 2027 (50 weeks)
Delivery Method: Online Training
Primary Language: Spanish
Target Audience: Officials from debt management offices, ministries of finance, or central banks who deal with public debt management.
Qualifications: Participants are expected to have a degree in economics or finance, or equivalent experience.

Designed to build capacity in developing and implementing a sound Medium-Term Debt Management Strategy (MTDS).
Delivered through a blend of video lectures, guided exercises, and hands-on simulations.
Introduces participants to the joint IMF-World Bank MTDS framework and the analytical tool (MTDS AT).
Enables assessment and management of the cost-risk trade-offs of various debt management strategies using the MTDS Analytical Tool (MTDS AT).
Emphasizes practical application, enabling learners to analyze their own debt portfolios in the context of macroeconomic indicators, market conditions, and financing options.

Describe the steps in developing an MTDS (the IMF-WB MTDS framework).
Analyze the central government debt portfolio to identify the costs and risks inherent in the existing debt.
Formulate different market risk scenarios (baseline and shock scenarios), adapting them to the country¿s specific situation.
Identify and assess various financing strategies under these scenarios and compare the cost/risk trade-offs involved.
Use the quantitative MTDS analytical tool that accompanies the MTDS framework.
Present the results of the analysis in a manner that enhances its value for policy purposes.
Formulate a strategy that is in line with debt management objectives.

Hands-on simulations and guided exercises centered on the MTDS Analytical Tool (MTDS AT).
Analysis of participant-specific central government debt portfolios within macroeconomic and market contexts.
Development and comparison of financing strategies under baseline and shock market scenarios to evaluate cost/risk trade-offs.