Old and New Instruments for Public Financing

This module will focus on the choice of instruments to minimize costs and risks within debt management strategies. It will cover the market and operational aspects of both traditional tools for liability management and new purpose-built securities. The latter will put special emphasis on the ESG space (green, blue, social, sustainable, sukuk, gender and other types of bonds). As investor demand for instruments with social and environmental impact continues its rapid expansion, this topic is particularly relevant for debt managers and issuers aiming to better understand the opportunities (and challenges) in this dynamic trend.