Office of Technical Assistance

Government Debt Issuance and Management

Government Debt Issuance and Management Program Mission Statement and Program Summary

In support of U.S. Treasury's Office of Technical Assistance, the mission of the Government Debt Issuance and Management Technical Assistance Program ("GDIM") is to assist foreign governments in the development of debt policies, procedures, programs and markets through advisory engagements based on the highest level of ethical and professional standards.

PROGRAM SCOPE

GDIM fulfills this mission by helping its counterparts to:

• Implement a comprehensive legal and regulatory environment for the issuance, management and trading of government securities.
• Develop comprehensive debt management strategies for both internal and external debt based on sound risk management principles, which include an analysis of sustainability.
• Implement market-based issuance and trading practices that support transparency, efficiency and liquidity in financial markets.
• Utilize appropriate financial instruments and create and maintain a benchmark yield curve.
• Broaden the demand for government securities across the investor spectrum.
• Recognize the importance of local currency government securities in monetary policy implementation and capital markets development.
• Coordinate ministry of finance and central bank debt market policies.
• Properly recognize and manage contingent liabilities.
• Apply effective recording, reporting, control, analysis and management information systems.
• Establish internal operational policies and procedures in accordance with the highest standards.
• Develop the staff capacity and systems of counterpart institutions.

Last Updated: April 29, 2009