Debt Management
Central banks still value diversification, say reserve managers
Rise in US yields does not outweigh the benefits of forex diversification, say Nalm delegates
Mersch: no political appetite for ‘European safe bonds’
Proposal for pooled, tranched bonds “interesting”, but public likely to be suspicious
Post-Brexit gilt auctions met with strong demand
Trends in gilt yields show UK debt still seen as ‘safe haven’ asset, says analyst
Ugandan deputy calls for caution in forecasting deficits
Louis Kasekende warns of potential for governments to lose access to markets
Debt deal struck but ‘heated’ discussions await Argentine president in congress
Analysts ultimately expect it to be approved though it may be an ‘uphill battle’
Snapshot: IMF reveals staff views on Argentina
IMF releases informal briefings compiled in absence of Article IV
Eurozone sovereign debt crisis has increased financial fragmentation, paper argues
Risk premia for corporate bonds differ according to country of origin, researchers say
Denmark focuses on long-dated issuance amid low rates
Central bank accepts higher costs to lower interest rate risks
Argentina inches towards repaying debt
Montreux Partners and EM settle; four creditors yet to agree on removing injunction
Debt repayment problems have ‘severe consequences’ on consumption, paper finds
Quarterly consumption 30% lower when debt repayment problems arise
Jamaican officials point to management plans as debt falls
Jamaica set to reduce debt-to-GDP ratio to 125% in pursuit of 90% target
RBI sheds new light on debt management strategy
Central bank hopes to give investors greater certainty
Mass walkout at RBI disrupts clearing and settlement
The majority of the RBI’s 17,000 staff took ‘mass casual leave’ today
IMF paper challenges idea of debt threshold effect
Debt trajectory is important, researchers find
Argentine reserves spared as US court overturns ruling
Central bank will not have to pay back money owed by government
RBI paper explores challenges in public debt management
Research identifies a ‘narrow investor base’ as one hurdle
Central banks cannot avoid fiscal impact, Bundesbank panellists warn
Panellists raise question of how much power central banks should wield
IMF senior counsel explores legal frameworks for public debt management
Senior counsel in IMF’s legal department explores trade-offs
ECB’s Constâncio calls for eurozone to cut back on debt
Primary surpluses are key, ECB vice-president says
Chinese finance minister Lou Jiwei on local government debt and tax reform
Minister of finance explains how the government plans to tackle China's fiscal problems
IMF researchers highlight high cost of unnecessary fiscal consolidation
Fiscal consolidation carries costs that governments ought to make clear
Second Hong Kong sukuk oversubscribed by 100%
Five-year Islamic bond hits home with investors, pushing coupon below 2%
IMF researchers explore central bank security issuance
Low-income countries may struggle to issue central bank securities
Vanoli says Argentina seeking alternatives on bonds
Judge Griesa ruled against Citibank Argentina paying bondholders