Debt Management Office: Difference between revisions
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imported>Doug Williamson (Update - source - DMO - https://www.dmo.gov.uk/about/who-we-are/) |
imported>Doug Williamson (Add definition - source - World Bank - p3 - https://thedocs.worldbank.org/en/doc/4de3839b85c57eb958dd207fad132f8e-0340012022/original/WB-GSS-Bonds-Survey-Report.pdf) |
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(DMO). | |||
1. ''Public debt - sovereign issuance.'' | |||
An agency with responsibilities for managing the debt of a sovereign issuer, usually a country. | |||
2. ''UK''. | |||
An executive agency of HM Treasury. | An executive agency of HM Treasury. | ||
Latest revision as of 21:14, 30 December 2022
(DMO).
1. Public debt - sovereign issuance.
An agency with responsibilities for managing the debt of a sovereign issuer, usually a country.
2. UK.
An executive agency of HM Treasury.
The DMO is responsible for carrying out the UK government's debt management policy of:
- Minimising financing costs over the long term, taking account of risk.
- Minimising the cost of offsetting the UK government's net cash flows over time.
- Operating within a risk appetite approved by UK government ministers.
In all cases this is to be conducted consistently with the objectives of monetary and wider policy considerations.
