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Modelling the Sovereign Debt Strategy: A Practical Primer
This paper provides a primer on the role of debt modelling in developing a sovereign debt issuance strategy, and how the policy objectives of a sovereign debt manager influence design decisions within their models. The insights provided here are supported by current and past uses of the Canadian Debt Strategy Model, which is a key component of Canada’s process to set its annual Debt Management Strategy and Medium-Term Debt Strategy. […]