Solomon Islands - Day One Recap

Where in a Debt Management Unit would an Investor Relations Team typically sit?

• Back Office

• Front Office

• Central Bank

• Middle Office

Are debt investors the only key stakeholder group in Debt Management Transparency?

• True

• False

• Depends on the weather.

Are regular face-to-face exchanges a key part of a consultation function?

• Yes

• No

What should the publication frequency be for the Debt Management Strategy, Issuance Plan, and Debt Management Report?

• Monthly

• Quartely

• Annually

• Periodically

Can IR be a first line of defense in times of financial crisis?

• Yes - A sovereign’s creditors to undertake an effective assessment of the risks.

• No - A sovereign’s creditors do not consider the risks involved in lending as important during a crisis.

A Debt Management Strategy usually covers a time horizon of?

• One year and updated every 3-5 years.

• One year and updated annually.

• 3-5 years and updated every 3-5 years.

• 3-5 years and updated annually.

Should an Annual Borrowing Plan be made public?

• No!

• Yes

A Primary Market is where...?

• A. where already-issued securities are traded

  between investors.

• B. financial instruments are sold by issuers to investors.

Average Time to Maturity measures...?

• A. the

  weighted average time to maturity of all the principal payments in the portfolio.

• B. the weighted average time until all the principal payments in the debt portfolio become subject to a new interest rate.

• C. the aggregate

  rate of interest paid on all borrowings.

Who is best suited to take the lead on

developing and implementing the Issuance Plan

• Back Office

• Prime Ministers Office

• Front Office

• Middle Office