Ethiopia's Medium Term Debt Management Strategy (2013-2017)
This medium term debt management strategy (MTDS) for Ethiopia provides a framework for developing an effective public sector debt management strategy that aims to achieve a desired composition of the public sector debt portfolio that reflects a cos...
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
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Addis Ababa
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2012/10/18792762/ethiopia-medium-term-debt-management-strategy-2013-2017 http://hdl.handle.net/10986/17637 |
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okr-10986-17637 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
ACCESS TO FINANCING ACCOUNTING ANNUAL BORROWING PLAN ARREARS AUCTION AUCTIONS BALANCE OF PAYMENTS BOND BORROWER BORROWING STRATEGY BUDGET DEFICIT CASH MANAGEMENT CENTRAL GOVERNMENT DEBT CENTRAL GOVERNMENT FINANCING COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL TERMS COMPOSITION OF DEBT CONTINGENT LIABILITIES CREDITOR CREDITORS CREDITWORTHINESS CURRENCY CURRENCY COMPOSITION CURRENCY MISMATCH CURRENCY RISK CURRENT ACCOUNT DEFICIT DATED INSTRUMENTS DEBT DEBT BURDEN DEBT BURDENS DEBT COMPOSITION DEBT COMPOSITIONS DEBT FORGIVENESS DEBT INSTRUMENT DEBT LEVELS DEBT MANAGEMENT DEBT MANAGEMENT OPERATIONS DEBT MANAGEMENT STRATEGIES DEBT MANAGEMENT STRATEGY DEBT MARKET DEVELOPMENT DEBT MATURITIES DEBT OBLIGATIONS DEBT OUTSTANDING DEBT OVERHANG DEBT PORTFOLIO DEBT PROBLEMS DEBT REDEMPTION DEBT REDUCTION DEBT RELIEF DEBT SERVICE DEBT SERVICE PAYMENTS DEBT SERVICING DEBT SERVICING COSTS DEBT STOCK DEBT STRATEGIES DEBT STRATEGY DEBT SUSTAINABILITY DEBT SUSTAINABILITY ANALYSIS DEFICIT FINANCING DEFICITS DEGREE OF RISK DEVALUATION DEVELOPMENT BANK DEVELOPMENT FINANCE DISBURSEMENT DISBURSEMENTS DISCOUNT RATE DOMESTIC BOND DOMESTIC BONDS DOMESTIC BORROWING DOMESTIC CURRENCY DOMESTIC DEBT DOMESTIC DEBT MANAGEMENT DOMESTIC DEBT MARKET DOMESTIC DEBT MARKET DEVELOPMENT DOMESTIC DEBT MARKETS DOMESTIC FINANCIAL MARKET DOMESTIC FINANCING DOMESTIC INTEREST RATE DOMESTIC INTEREST RATES DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXTERNAL BORROWING EXTERNAL BORROWINGS EXTERNAL DEBT EXTERNAL DEBT MANAGEMENT EXTERNAL FINANCES EXTERNAL FINANCING FINANCIAL CRISIS FINANCIAL MARKETS FINANCING REQUIREMENT FISCAL DEFICIT FIXED INTEREST FIXED INTEREST RATE FIXED INTEREST RATES FLOATING RATE FLOATING RATE DEBT FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN DEBT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCING FUTURE LOANS GLOBALIZATION GOVERNMENT BONDS GOVERNMENT BORROWING GOVERNMENT BUDGET GOVERNMENT GUARANTEE GOVERNMENT PAPER GOVERNMENT REVENUE GOVERNMENT SECURITIES GRACE PERIOD GROSS DOMESTIC PRODUCT INFLATION INFLATION RATE INFLATIONARY PRESSURE INSURANCE INSURANCE COMPANIES INTEREST COST INTEREST EXPENDITURE INTEREST PAYMENT INTEREST RATE INTEREST RATE CHANGES INTEREST RATE RISK INTERNATIONAL BOND INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL SECURITIES INTERNATIONAL STANDARD INVESTING INVESTMENT BANK INVESTOR BASE ISSUANCE ISSUANCE OF TREASURY BILLS LEGAL FRAMEWORK LEVEL OF DEBT LIQUIDITY LIQUIDITY RISK LOAN LOCAL CURRENCY LONG TERM BONDS MACROECONOMIC CONDITIONS MACROECONOMIC ENVIRONMENT MACROECONOMIC INSTABILITY MACROECONOMIC RISKS MACROECONOMIC STABILITY MARKET CONDITIONS MARKET ENVIRONMENT MARKET INTEREST RATES MARKET REFORM MARKET RISK MATURITIES MATURITY MATURITY DATE MATURITY STRUCTURE MONETARY FUND MONETARY POLICIES MONETARY POLICY NATIONAL BANK OPTIMAL DEBT STRUCTURE OUTSTANDING DOMESTIC DEBT OVERALL DEBT PORTFOLIO PAYMENT OBLIGATIONS POLITICAL RISK PORTFOLIO POTENTIAL INVESTORS PRIMARY MARKET PRIVATE BANKS PRIVATE CREDITORS PRIVATE INVESTORS PUBLIC BORROWING PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC SECTOR BORROWING PUBLIC SECTOR DEBT RATES OF RETURN REAL INTEREST REAL INTEREST RATES REPAYMENT REPAYMENTS RISK EXPOSURE RISK MANAGEMENT RISK MANAGEMENT TOOLS SECONDARY DEBT SECONDARY DEBT MARKETS SECONDARY MARKETS SECURITIES MARKETS SECURITY MARKET SECURITY MARKETS SHORT TERM INTEREST RATES T-BILL T-BOND TAX TOTAL DEBT TRADE BALANCE TRANSPARENCY TREASURY TREASURY BILL TREASURY BILLS TREASURY BONDS VARIABLE INTEREST RATE VARIABLE INTEREST RATES YIELD CURVE |
| spellingShingle |
ACCESS TO FINANCING ACCOUNTING ANNUAL BORROWING PLAN ARREARS AUCTION AUCTIONS BALANCE OF PAYMENTS BOND BORROWER BORROWING STRATEGY BUDGET DEFICIT CASH MANAGEMENT CENTRAL GOVERNMENT DEBT CENTRAL GOVERNMENT FINANCING COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL TERMS COMPOSITION OF DEBT CONTINGENT LIABILITIES CREDITOR CREDITORS CREDITWORTHINESS CURRENCY CURRENCY COMPOSITION CURRENCY MISMATCH CURRENCY RISK CURRENT ACCOUNT DEFICIT DATED INSTRUMENTS DEBT DEBT BURDEN DEBT BURDENS DEBT COMPOSITION DEBT COMPOSITIONS DEBT FORGIVENESS DEBT INSTRUMENT DEBT LEVELS DEBT MANAGEMENT DEBT MANAGEMENT OPERATIONS DEBT MANAGEMENT STRATEGIES DEBT MANAGEMENT STRATEGY DEBT MARKET DEVELOPMENT DEBT MATURITIES DEBT OBLIGATIONS DEBT OUTSTANDING DEBT OVERHANG DEBT PORTFOLIO DEBT PROBLEMS DEBT REDEMPTION DEBT REDUCTION DEBT RELIEF DEBT SERVICE DEBT SERVICE PAYMENTS DEBT SERVICING DEBT SERVICING COSTS DEBT STOCK DEBT STRATEGIES DEBT STRATEGY DEBT SUSTAINABILITY DEBT SUSTAINABILITY ANALYSIS DEFICIT FINANCING DEFICITS DEGREE OF RISK DEVALUATION DEVELOPMENT BANK DEVELOPMENT FINANCE DISBURSEMENT DISBURSEMENTS DISCOUNT RATE DOMESTIC BOND DOMESTIC BONDS DOMESTIC BORROWING DOMESTIC CURRENCY DOMESTIC DEBT DOMESTIC DEBT MANAGEMENT DOMESTIC DEBT MARKET DOMESTIC DEBT MARKET DEVELOPMENT DOMESTIC DEBT MARKETS DOMESTIC FINANCIAL MARKET DOMESTIC FINANCING DOMESTIC INTEREST RATE DOMESTIC INTEREST RATES DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXTERNAL BORROWING EXTERNAL BORROWINGS EXTERNAL DEBT EXTERNAL DEBT MANAGEMENT EXTERNAL FINANCES EXTERNAL FINANCING FINANCIAL CRISIS FINANCIAL MARKETS FINANCING REQUIREMENT FISCAL DEFICIT FIXED INTEREST FIXED INTEREST RATE FIXED INTEREST RATES FLOATING RATE FLOATING RATE DEBT FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN DEBT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCING FUTURE LOANS GLOBALIZATION GOVERNMENT BONDS GOVERNMENT BORROWING GOVERNMENT BUDGET GOVERNMENT GUARANTEE GOVERNMENT PAPER GOVERNMENT REVENUE GOVERNMENT SECURITIES GRACE PERIOD GROSS DOMESTIC PRODUCT INFLATION INFLATION RATE INFLATIONARY PRESSURE INSURANCE INSURANCE COMPANIES INTEREST COST INTEREST EXPENDITURE INTEREST PAYMENT INTEREST RATE INTEREST RATE CHANGES INTEREST RATE RISK INTERNATIONAL BOND INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL SECURITIES INTERNATIONAL STANDARD INVESTING INVESTMENT BANK INVESTOR BASE ISSUANCE ISSUANCE OF TREASURY BILLS LEGAL FRAMEWORK LEVEL OF DEBT LIQUIDITY LIQUIDITY RISK LOAN LOCAL CURRENCY LONG TERM BONDS MACROECONOMIC CONDITIONS MACROECONOMIC ENVIRONMENT MACROECONOMIC INSTABILITY MACROECONOMIC RISKS MACROECONOMIC STABILITY MARKET CONDITIONS MARKET ENVIRONMENT MARKET INTEREST RATES MARKET REFORM MARKET RISK MATURITIES MATURITY MATURITY DATE MATURITY STRUCTURE MONETARY FUND MONETARY POLICIES MONETARY POLICY NATIONAL BANK OPTIMAL DEBT STRUCTURE OUTSTANDING DOMESTIC DEBT OVERALL DEBT PORTFOLIO PAYMENT OBLIGATIONS POLITICAL RISK PORTFOLIO POTENTIAL INVESTORS PRIMARY MARKET PRIVATE BANKS PRIVATE CREDITORS PRIVATE INVESTORS PUBLIC BORROWING PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC SECTOR BORROWING PUBLIC SECTOR DEBT RATES OF RETURN REAL INTEREST REAL INTEREST RATES REPAYMENT REPAYMENTS RISK EXPOSURE RISK MANAGEMENT RISK MANAGEMENT TOOLS SECONDARY DEBT SECONDARY DEBT MARKETS SECONDARY MARKETS SECURITIES MARKETS SECURITY MARKET SECURITY MARKETS SHORT TERM INTEREST RATES T-BILL T-BOND TAX TOTAL DEBT TRADE BALANCE TRANSPARENCY TREASURY TREASURY BILL TREASURY BILLS TREASURY BONDS VARIABLE INTEREST RATE VARIABLE INTEREST RATES YIELD CURVE Ministry of Finance and Economic Development Ethiopia's Medium Term Debt Management Strategy (2013-2017) |
| geographic_facet |
Africa Ethiopia |
| description |
This medium term debt management
strategy (MTDS) for Ethiopia provides a framework for
developing an effective public sector debt management
strategy that aims to achieve a desired composition of the
public sector debt portfolio that reflects a cost-risk
analysis and captures the government's preferences with
regard to the cost-risk trade-off. This MTDS is considered a
tool for evaluating and managing the risk involved with
different debt compositions; facilitating coordination with
fiscal and monetary management; and enhancing transparency.
It ensures that the government's financing needs and
payment obligations are met at the lowest possible cost
consistent with a prudent degree of risk. |
| format |
Economic & Sector Work :: Other Financial Sector Study |
| author |
Ministry of Finance and Economic Development |
| author_facet |
Ministry of Finance and Economic Development |
| author_sort |
Ministry of Finance and Economic Development |
| title |
Ethiopia's Medium Term Debt Management Strategy (2013-2017) |
| title_short |
Ethiopia's Medium Term Debt Management Strategy (2013-2017) |
| title_full |
Ethiopia's Medium Term Debt Management Strategy (2013-2017) |
| title_fullStr |
Ethiopia's Medium Term Debt Management Strategy (2013-2017) |
| title_full_unstemmed |
Ethiopia's Medium Term Debt Management Strategy (2013-2017) |
| title_sort |
ethiopia's medium term debt management strategy (2013-2017) |
| publisher |
Addis Ababa |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2012/10/18792762/ethiopia-medium-term-debt-management-strategy-2013-2017 http://hdl.handle.net/10986/17637 |
| _version_ |
1764437851729035264 |
| spelling |
okr-10986-176372021-04-23T14:03:39Z Ethiopia's Medium Term Debt Management Strategy (2013-2017) Ministry of Finance and Economic Development ACCESS TO FINANCING ACCOUNTING ANNUAL BORROWING PLAN ARREARS AUCTION AUCTIONS BALANCE OF PAYMENTS BOND BORROWER BORROWING STRATEGY BUDGET DEFICIT CASH MANAGEMENT CENTRAL GOVERNMENT DEBT CENTRAL GOVERNMENT FINANCING COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL TERMS COMPOSITION OF DEBT CONTINGENT LIABILITIES CREDITOR CREDITORS CREDITWORTHINESS CURRENCY CURRENCY COMPOSITION CURRENCY MISMATCH CURRENCY RISK CURRENT ACCOUNT DEFICIT DATED INSTRUMENTS DEBT DEBT BURDEN DEBT BURDENS DEBT COMPOSITION DEBT COMPOSITIONS DEBT FORGIVENESS DEBT INSTRUMENT DEBT LEVELS DEBT MANAGEMENT DEBT MANAGEMENT OPERATIONS DEBT MANAGEMENT STRATEGIES DEBT MANAGEMENT STRATEGY DEBT MARKET DEVELOPMENT DEBT MATURITIES DEBT OBLIGATIONS DEBT OUTSTANDING DEBT OVERHANG DEBT PORTFOLIO DEBT PROBLEMS DEBT REDEMPTION DEBT REDUCTION DEBT RELIEF DEBT SERVICE DEBT SERVICE PAYMENTS DEBT SERVICING DEBT SERVICING COSTS DEBT STOCK DEBT STRATEGIES DEBT STRATEGY DEBT SUSTAINABILITY DEBT SUSTAINABILITY ANALYSIS DEFICIT FINANCING DEFICITS DEGREE OF RISK DEVALUATION DEVELOPMENT BANK DEVELOPMENT FINANCE DISBURSEMENT DISBURSEMENTS DISCOUNT RATE DOMESTIC BOND DOMESTIC BONDS DOMESTIC BORROWING DOMESTIC CURRENCY DOMESTIC DEBT DOMESTIC DEBT MANAGEMENT DOMESTIC DEBT MARKET DOMESTIC DEBT MARKET DEVELOPMENT DOMESTIC DEBT MARKETS DOMESTIC FINANCIAL MARKET DOMESTIC FINANCING DOMESTIC INTEREST RATE DOMESTIC INTEREST RATES DOMESTIC MARKET ECONOMIC DEVELOPMENT ECONOMIC DEVELOPMENTS EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXTERNAL BORROWING EXTERNAL BORROWINGS EXTERNAL DEBT EXTERNAL DEBT MANAGEMENT EXTERNAL FINANCES EXTERNAL FINANCING FINANCIAL CRISIS FINANCIAL MARKETS FINANCING REQUIREMENT FISCAL DEFICIT FIXED INTEREST FIXED INTEREST RATE FIXED INTEREST RATES FLOATING RATE FLOATING RATE DEBT FOREIGN CURRENCIES FOREIGN CURRENCY FOREIGN DEBT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVES FOREIGN FINANCING FUTURE LOANS GLOBALIZATION GOVERNMENT BONDS GOVERNMENT BORROWING GOVERNMENT BUDGET GOVERNMENT GUARANTEE GOVERNMENT PAPER GOVERNMENT REVENUE GOVERNMENT SECURITIES GRACE PERIOD GROSS DOMESTIC PRODUCT INFLATION INFLATION RATE INFLATIONARY PRESSURE INSURANCE INSURANCE COMPANIES INTEREST COST INTEREST EXPENDITURE INTEREST PAYMENT INTEREST RATE INTEREST RATE CHANGES INTEREST RATE RISK INTERNATIONAL BOND INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL SECURITIES INTERNATIONAL STANDARD INVESTING INVESTMENT BANK INVESTOR BASE ISSUANCE ISSUANCE OF TREASURY BILLS LEGAL FRAMEWORK LEVEL OF DEBT LIQUIDITY LIQUIDITY RISK LOAN LOCAL CURRENCY LONG TERM BONDS MACROECONOMIC CONDITIONS MACROECONOMIC ENVIRONMENT MACROECONOMIC INSTABILITY MACROECONOMIC RISKS MACROECONOMIC STABILITY MARKET CONDITIONS MARKET ENVIRONMENT MARKET INTEREST RATES MARKET REFORM MARKET RISK MATURITIES MATURITY MATURITY DATE MATURITY STRUCTURE MONETARY FUND MONETARY POLICIES MONETARY POLICY NATIONAL BANK OPTIMAL DEBT STRUCTURE OUTSTANDING DOMESTIC DEBT OVERALL DEBT PORTFOLIO PAYMENT OBLIGATIONS POLITICAL RISK PORTFOLIO POTENTIAL INVESTORS PRIMARY MARKET PRIVATE BANKS PRIVATE CREDITORS PRIVATE INVESTORS PUBLIC BORROWING PUBLIC DEBT PUBLIC DEBT MANAGEMENT PUBLIC SECTOR BORROWING PUBLIC SECTOR DEBT RATES OF RETURN REAL INTEREST REAL INTEREST RATES REPAYMENT REPAYMENTS RISK EXPOSURE RISK MANAGEMENT RISK MANAGEMENT TOOLS SECONDARY DEBT SECONDARY DEBT MARKETS SECONDARY MARKETS SECURITIES MARKETS SECURITY MARKET SECURITY MARKETS SHORT TERM INTEREST RATES T-BILL T-BOND TAX TOTAL DEBT TRADE BALANCE TRANSPARENCY TREASURY TREASURY BILL TREASURY BILLS TREASURY BONDS VARIABLE INTEREST RATE VARIABLE INTEREST RATES YIELD CURVE This medium term debt management strategy (MTDS) for Ethiopia provides a framework for developing an effective public sector debt management strategy that aims to achieve a desired composition of the public sector debt portfolio that reflects a cost-risk analysis and captures the government's preferences with regard to the cost-risk trade-off. This MTDS is considered a tool for evaluating and managing the risk involved with different debt compositions; facilitating coordination with fiscal and monetary management; and enhancing transparency. It ensures that the government's financing needs and payment obligations are met at the lowest possible cost consistent with a prudent degree of risk. 2014-04-07T19:18:10Z 2014-04-07T19:18:10Z 2012-10 http://documents.worldbank.org/curated/en/2012/10/18792762/ethiopia-medium-term-debt-management-strategy-2013-2017 http://hdl.handle.net/10986/17637 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Addis Ababa Economic & Sector Work :: Other Financial Sector Study Africa Ethiopia |