Government debt management: objectives and techniques
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Increasing the recourse to nonfinanclal enterprises 12
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announcement applied auction technique Australia Belgium bidders bids bond issues bond market bond prices borrowing needs Canada cash management central bank Chapter coupon rate debt management policy debt manager's Denmark different maturities distribution of government early redemption final maturity financial institutions financial markets fixed-yield basis flexible funds Germany government bonds government debt instruments government debt management government debt operations government paper government savings bonds government securities government's index-linked institutional investors interest rates introduction issue amount issue terms issue yield issues of government Japan liquidity long-term marketable government Luxembourg market conditions market situation marketable government debt markets for government medium-term and long-term minimising Netherlands non-marketable instruments objective OECD Member countries offered particular payments question rate of interest relatively short subscription sales agents secondary market selling government debt selling techniques short subscription period short-term standard maturities Stock Sweden Switzerland Table tap issue tap sale Treasury bills uniform price auction United Kingdom Zealand