IMF Working Papers

The Coordination of Domestic Public Debt and Monetary Management in Economies in Transition: Issues and Lessons From Experience

December 1, 1994

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Format: Chicago

The Coordination of Domestic Public Debt and Monetary Management in Economies in Transition: Issues and Lessons From Experience, (USA: International Monetary Fund, 1994) accessed November 24, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

In economies in transition, the development of financial markets is a common objective linking the monetary and fiscal authorities, while monetary and public debt management cannot be strictly separated. This calls for close coordination of objectives and instruments of monetary and debt management, and the development of supporting institutional and operational arrangements. Key aspects of these arrangements are surveyed.

Subject: Banking, Financial institutions, Financial markets, Government debt management, Government securities, Public financial management (PFM), Securities, Securities markets, Treasury bills and bonds

Keywords: Adjustable rate, Agency network, Bank reserves, Cash loss, Central bank credit, Central bank financing, Central bank profit, Credit auction, Debt management office, Government debt management, Government securities, Market development, Monetary management, Monetary management committee, Primary market, Securities, Securities markets, Treasury bill market, Treasury bills and bonds, WP

Publication Details

  • Pages:

    60

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1994/148

  • Stock No:

    WPIEA1481994

  • ISBN:

    9781451856774

  • ISSN:

    1018-5941

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