Course Overview

Public Debt Management is the process of establishing and executing a strategy for managing a governments’ debt in order to raise the required amount of funding, achieve its risk and cost objectives and to meet any other debt management goals that a government may have set, such as developing and maintaining an efficient market for government securities.

The AICD Public Debt Management course provides an overview of public debt management by explaining concepts, avoiding mathematics and using simple illustrations and country examples.

Course Objectives

• Recognize the risks of high debt.
• Identify the key drivers of public and external debt.
• Evaluate safe debt levels in a world full of uncertainties.
• Assess the costs and benefits of higher public investment from the perspective of debt sustainability, in a country with development needs.
• Use the MAC DSA tool to produce a debt sustainability assessment in a country with access to financial markets.
• Use the LIC DSF tool to determine the risk of public and external debt distress in a country with concessional debt.
• Describe strategies for managing debt within the MTDS framework.

Course Content

• Overview of Municipal Debt Market
• Capital Financing Methods
• The Bond Sale
• General Debt Management

Training Format:

• All materials are made available through our Online Learning Platform
• Students should commit approximately 5-6 hours of their time per week

Materials Provided:

Online delivery of curriculum materials, exercises and templates.

Assignments:

In order to demonstrate their understanding of the course content, students will be required to submit assignments at the end of every month.

Course duration: 6 months

Regions Targeted: Global

Courses Fees: €1000