Debt and Debt Management Office: Difference between pages

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1.  
''UK''.


That which is owed to another, usually money.
(DMO).  


For the borrower, debt is a liability.
An executive agency of HM Treasury.


The DMO is responsible for carrying out the UK Government's debt management policy by:


2.  
*Minimising financing costs over the long term.
*Taking account of risk.
*Managing the aggregate cash needs of the Exchequer in the most cost-effective way.


From the perspective of the borrower, finance from borrowing, rather than from investment by equity shareholders.


 
In all cases this is to be conducted consistently with the objectives of monetary and wider policy considerations.  
3.
 
From the perspective of a lender or investor in debt, an investment in the obligations of the borrower.
 
For the lender or investor, debt is an asset.




== See also ==
== See also ==
* [[Advance]]
* [[Debt]]
* [[Assets]]
* [[Gilts]]
* [[Building a Debt IR function]]
* [[Treasury]]
* [[Capital]]
* [[Capital employed]]
* [[Convertible debt]]
* [[Debenture]]
* [[Debt capacity]]
* [[Debt ceiling]]
* [[Debt for equity swap]]
* [[Debt service ratio]]
* [[Default]]
* [[Entity]]
* [[Equity]]
* [[Hybrid capital]]
* [[Interest]]
* [[Investor]]
* [[Junior debt]]
* [[Lead]]
* [[Leverage]]
* [[Leveraged takeover]]
* [[Liabilities]]
* [[Loan]]
* [[Loan relationship]]
* [[Long-term debt]]
* [[Moratorium]]
* [[Non-current liabilities]]
* [[Obligation]]
* [[Pay down]]
* [[Rescheduling]]
* [[Return on capital employed]]
* [[Senior debt]]
* [[Service]]
* [[Subordinated debt]]
* [[Unsecured debt]]
 
 
===Other links===
[http://www.treasurers.org/node/8377 Masterclass: The basics of borrowing, Will Spinney, The Treasurer]
 
[[Category:Corporate_finance]]
[[Category:Long_term_funding]]

Revision as of 19:49, 10 August 2016

UK.

(DMO).

An executive agency of HM Treasury.

The DMO is responsible for carrying out the UK Government's debt management policy by:

  • Minimising financing costs over the long term.
  • Taking account of risk.
  • Managing the aggregate cash needs of the Exchequer in the most cost-effective way.


In all cases this is to be conducted consistently with the objectives of monetary and wider policy considerations.


See also

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