Countercyclical and Debt Management Office: Difference between pages

Revision as of 10:41, 31 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.

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-An economic or financial policy that works against the cyclical tendencies in the economy.
+''UK''.
-Countercyclical policies cool down the economy when it is in an upswing, and stimulate the economy when it is in a downturn.
+(DMO).
-Opposite to Procyclical.
+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 ==
-* [[Procyclical]]
+* [[Debt]]
-* [[Total Loss Absorbing Capacity]]
+* [[Gilts]]
+* [[HM Treasury]]