The Public Debt Management Newtwork
You are in:

Areas of Interest

Information Corner

Monetary Policy

There may be a need to address concerns about potential conflicts of public debt management with monetary policy, in particular when the government issues short-term bills (e.g. for cash management purposes). In fact, a vital element in conducting effective monetary policy is detailed knowledge about and predictability of government cash flows, that affect bank's reserve balances (similarly: as open market operations). Moreover, government debt and cash management should be coordinated with monetary policy by moderating the effect of government expenditures and receipts on the bank's cash balances and by keeping the central bank informed of government cash flows.

This policy area focuses on the question how best to develop markets at the short end and how to secure a proper co-ordination among the different authorities. It will also be explained how these issues are linked to the overall issuance strategy of the government.

The following are documents published up to and including the year 2003. From 2004 to 2010 all documents can be found only in the archive available in the website’s Reserved area. Instead, since January 2011, all documents will be found in both areas of the website. Access to the Reserved area is free, but limited to Partners only. Please find more information at the Join us section.

Documents

Event and Course Calendar

MMonday Ttuesday Wwednesday Tthursday Ffriday Ssaturday Ssunday
    1 February 2 February 3 February 4 February 5 February
6 February 7 February 8 February 9 February 10 February 11 February 12 February
13 February 14 February 15 February 16 February 17 February 18 February 19 February
20 February 21 February 22 February 23 February - Found events 24 February 25 February 26 February
27 February 28 February 29 February        

Free Search

Login Reserved Area



Becoming a Partner

Discussion forum

The aim of our Discussion Forum is to promote dialogue on specific topics proposed by the Secretariat and by Partners.