## Medium-Term Debt Management Strategy

## Source details

**Canonical URL:** [Medium-Term Debt Management Strategy](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ol/2026/mtdsxol26-184)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ol/2026/mtdsxol26-184/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ol/2026/mtdsxol26-184/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ol/2026/mtdsxol26-184/bundle-manifest.json)

## Bibliographic details
- Session: OL 26.184
- Location: Course conducted online
- Dates: May 1, 2026 - April 15, 2027 (50 weeks)
- Delivery method: Online Training
- Primary language: French
- Status: Apply online by April 1, 2027

---

### Overview
- Title: Medium-Term Debt Management Strategy (MTDSx)
- Session No.: OL 26.184
- Location: Course conducted online
- Date: May 1, 2026 - April 15, 2027 (50 weeks)
- Delivery Method: Online Training
- Primary Language: French
- 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.

### Course Description
- The course is designed to build capacity in developing and implementing a sound Medium-Term Debt Management Strategy (MTDS).
- Delivery format: 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).
- Emphasis on assessing and managing cost-risk trade-offs of various debt management strategies using the MTDS Analytical Tool (MTDS AT).
- Practical application focus: enables learners to analyze their own debt portfolios in the context of macroeconomic indicators, market conditions, and financing options.

### Course Objectives
- 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.

---


## References

- [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Apply Now](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.184F)
- [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/ol/2026/mtdsxol26-184_