The Public Debt Management Newtwork

This policy area explains why good or best practices for government cash management are for sound debt management. Government cash management may be defined as the strategy and associated processes for managing cost-effectively the government's short-term cash flows and cash balances, both within government, and between government and other sectors.

More specifically, this policy area addresses the main objectives of efficient government cash management:

• keeping to a minimum the volume of idle balances held in the banking system, and the extra costs associated with that;
• reducing risk - operational, credit and market risk;
• adding flexibility to the ways in which the timing of government cash inflows and outflows can be matched;
• supporting other financial policies;
• the necessity for an effective collaboration between the sovereign debt manager and the central bank.

Sample Documents

The following are sample documents published up to and including the year 2003, and extracted from a wider group available on the reserved area of this website. Access to the reserved area is free, but reserved for partners only. Please find more information at the Join us section.