Advances in Risk Management of Government Debt
Publisher: Organization for Economic Cooperation & Devel
Published: June 24, 2005
Language: eng
Format: Paperback
Number of pages: 281
ISBN-13: 9789264104419
Subjects: Risk And Insurance Administration; Public Debt Management; Business & Economics; Business / Economics / Finance; Business/Economics; Reference - General; Management - General; Public Finance
Description: Advances in Risk Management of Government Debt is a landmark study about risk management practices of OECD debt managers. Risk management has become an increasingly important tool for achieving strategic debt targets, and is now an integral part of a wider strategic debt management framework based on benchmarks in most jurisdictions. However, this study shows that the extent and sophistication of risk management vary widely across countries.  This study brings together a number of recent reports on best practices for managing market risk, credit risk, operational risk and contingent liability risk. It was prepared by a group of authors from the OECD Working Party on Public Debt Management, and includes case-studies of risk management practices in selected OECD debt markets.