Rich countries’ central banks less likely to manage sovereign debt

Practice is more common among middle and lower income countries, and in Africa and the Americas

Central banks that replied to the Governance Benchmarks 2022 were more likely to manage government debt issuance if they were located outside high income countries.

Of the 30 institutions that responded to this question, 43% said they managed their country’s issuance of sovereign debt. This was roughly in line with the proportion in the Governance Benchmarks 2021, where 47% of respondents said they did so. Among countries where the central bank manages government debt issuance, high income

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