The DMFAS Programme offers a full range of capacity-building services, from technical and functional training on the system to more specialized training on debt management related issues:
- Training on DMFAS software
- Debt data validation workshop
- Debt statistics workshop
- Debt portfolio analysis workshop
- Course on mastering the basics of Government securities market and financial calculations
- Procedures workshop
- Self-learning material
DMFAS software technical training
Intended for the database administrator and local IT staff, this training covers all the technical aspects of the software including installation, configuration and setting of parameters. Click for more information. The technical training catalogue is also available here.
The DMFAS Programme also offers debt managers additional workshops in other areas of debt management such as on debt data validation, on the production of a statistical bulletins, on debt portfolio analysis and seminars on how to develop a procedures manual.
This DMFAS Programme capacity-building workshop aims at improving the capacity of the national debt office to adopt organizational arrangements, including internal procedures, that would guarantee the quality and reliability of debt data on a long-term basis. This workshop would also ensure that comprehensive, consistent and complete information is available for all levels of decision-making.
The objectives of the Debt Statistics workshop are to introduce the main issues related to production of debt statistical bulletin, to promote the latest standards for international debt statistics and to develop a draft proposal for the establishment and refinement of a debt statistical bulletin.
The Debt Portfolio Analysis (DPA) workshop is aimed at improving the capacity of public debt managers to assess structure, dynamics and risks of sovereign debt portfolios. This training is delivered through theoretical presentations and hands-on exercises, during which participants become familiar with best practices to evaluate the costs of a debt portfolio and its exposure to the main market risks (refinancing, interest rate and exchange rate risks); understand the basics of deterministic and stochastic risk modeling; appreciate the implications of the different debt instruments and monitor the implementation of debt strategies. The final output of a DPA national workshop is draft Debt Portfolio Review (DPR), which is a concise and cost/risk focused description of the debt portfolio evolution.
The DMFAS Programme developed this course as part of the new training services for its client countries. It is mainly intended to developing countries or countries with economies in transition that need to respond to the challenges posed by a government securities market which is still nascent or at an early stage. The course is delivered through a mix of distance learning (on-line course) and face-to-face instruction during a workshop. The on-line course will first equip front/middle office staff with basic knowledge and skills in the field of capital markets and government securities, while the interactive workshop will give learners the opportunity to assess the strengths and weaknesses of their government's current issuance policy and find potential areas for improvement. The course is only available in English.