Capital Markets Development

I can offer policy advice, project management skills, training and mentoring covering:

Government Securities Markets:

  • Money Markets

  • Primary Markets

  • Investor Base Development

  • Secondary Trading

  • Legal & Regulatory Frameworks

  • Financial Markets Infrastructure

  • Investor Relations

Domestic Market Development:

  • Engaging Domestic Intermediaries

  • Attracting Off-shore Participants

  • Developing a Broader Institutional Investment Community

  • Developing Corporate Bond Markets

Domestic & International Borrowing

I offer practical experience, policy advice, project management skills, and training across a range of topics:

  • Benchmark Issuance Strategies

  • Primary Dealerships

  • Auction Frameworks & Managing Syndicated Issuance

  • New Instrument Development

  • Extending Redemption Profiles

  • Seven Pillars of Capital Markets Development

Public Debt Management

I can offer practical experience, policy advice, project management skills, and training around:

Debt Management Strategy 

  • Portfolio Strategy

  • Developing a Medium-term Strategy via the MTDS AT

  • Crafting an Annual Borrowing Program

  • Liability Management Operations

  • Risk Management

  • Presenting a Strategy to Stakeholders

Establishing a Debt Management Office (DMO)

  • Institutional Frameworks & Internal Organization

  • Governance and Decision Making

  • Interaction with Key Partners (e.g., Central Bank, the Legislature and Regulators)

  • Logistics Management

  • On-going Capacity Development

Investor/Stakeholder Relations

In September 2020, I co-authored an IMF Working Paper on investor relations; “Sovereign Investor Relations: From Principles to Practice” .

Further, I offer practical experience, mentoring, project management skills, and training on the following:

  • Relations with Investors in Public and Private Marketable Debt Instruments

  • Relations with Creditors Providing Funding via Non-Marketable Debt (e.g., Loans or RCFs)

  • Working with Other Stakeholders (e.g., Credit Rating Agencies, IFIs or members of the Financial Press or General Media)

These will be achieved via development of various outreach strategies, including:

  • Drafting Investor Presentations and Fact Sheets

  • Designing Investor Relations Websites

  • Ensuring Best Practice on Debt Management Reporting (e.g., Annual Reports, Quarterly Bulletins)

  • Advising on Roadshows to Engage with Stakeholders

  • Developing Social Media Strategies to Broaden Public Profile

  • Undertaking Conference Calls and Attending Industry Conferences

  • Building Contact Lists to Track and Analyze Key Stakeholders

  • Publishing and Distributing Key Data, Information and Updates on Public Debt Management and Annual Borrowing Operations