Technical Assistance for Government Debt & Infrastructure Finance - Maldives

$327.2K USD

Funder	Department of the Treasury
Recipient Organization	U.S. Government - Department of Treasury
Country	Maldives
Start Date	Aug 09, 2019
End Date	Jan 19, 2021
Duration	529 days
Number of Grantees	99
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`142555-75`

Grant Description

To provide assistance to MMA and MOF to achieve the following objectives: Development and implementation of a plan for transition to market-based government debt issuance and trading in the domestic market; which might include regular government securities auctions, issuance of longer-dated T-Bonds to build a full yield curve, Primary Dealer rules and conventions, and market regulations; Introduction of an appropriate organizational structure and well-defined functionalities for debt issuance and management within the MOF; Improved government debt recording, monitoring, and reporting by the MOF; Improved liability management procedures and operations in the MOF; Enhanced project loan negotiation skills in the MOF; Recommendations for Central Securities Depository User Requirements.