Debt Management Office: Difference between revisions

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imported>Doug Williamson
m (Slight rewording of last line and added 1 line space before see also 12/3/14)
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).  
(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.


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.


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




== See also ==
== See also ==
* [[Treasury]]
* [[Debt]]
* [[Gilts]]
* [[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