Who manages the public debt?

Over the last decade, central banks have been the losers as dozens of countries have created powerful standalone financial supervisors. Is debt management going the same way? CentralBankNet reports on another speciality that may be slipping from the grasp of the world's monetary authorities.

Since 1998, a clutch of OECD countries have created standalone debt management offices. The establishment of the UK Debt Management Office (1998) the Australian Office of Financial Management (1999) an