Debt Management Office: Difference between revisions

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imported>Doug Williamson
(Amend link.)
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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''UK''.
(DMO).


(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.


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


*Minimising financing costs over the long term.
*Minimising financing costs over the long term, taking account of risk.
*Taking account of risk.
*Minimising the cost of offsetting the UK government's net cash flows over time.
*Managing the aggregate cash needs of the Exchequer in the most cost-effective way.
*Operating within a risk appetite approved by UK government ministers.




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* [[Gilts]]
* [[Gilts]]
* [[HM Treasury]]
* [[HM Treasury]]
* [[Risk]]
* [[Risk appetite]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Financial_products_and_markets]]

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.


See also