In order to minimise cost and risk over the medium to long run, debt managers should ensure that their policies and operations are consistent with the development of an efficient government securities market. Developing a government securities market is a complex undertaking that depends on the financial and market system development of each country. The essential pillar in developing a government securities market is a market oriented funding strategy, including adherence to basic market principles like: broad market access, transparency, effective regulatory frameworks.
The above policy issues are classified by the following sub-categories:

• Primary Market
• Secondary Market
• Post Trading
• Repo Market
• Issuing in Foreign Currency
• Multilateral Debt
• Developing Domestic Bond Markets
• Cash Management
• Retail Debt
• Legal Issues and Conventions

Sample Documents

The following are sample documents, extracted from a wider group available on the private page of this website. Access to the private page is free, but reserved for partners only. Please find more information at the " Join us" section.

• Hans Blommestein - Javier Santiso
  New strategies for emerging domestic government bond market (2007)
  - Download PDF 1.243 Kb
  
  
• Maria Cannata - Davide Iacovoni - Stefano Scalera - Manuel Turco
  Broadening the Appproach for Italian Debt Management
  - Download PDF 305 Kb
  
  
• Hans J. Blommestein
  What are the factors for a successful market in LIBs (2006)
  - Download PDF 192 Kb
  
  
• Eduardo Levy Yeyati
  Dollars, Debt and the IFIs - Dedollarizing Multilateral Lending (2004)
  - Download PDF 467 Kb
  
  
• Hans Blommestein - Greg Horman
  Government Debt Management and Bond Markets in Africa (2007)
  - Download PDF 274 Kb