Innovative Capital Market Instruments Key to Managing Public Finances Amid Global Uncertainties, Find International Experts

Stocks and Financial Services Press Releases Friday June 8, 2018 08:58
Mexico City--8 Jun--World Bank

Mexico City, June 6, 2018—Debt managers and other public finance officials can effectively leverage capital market innovations to build resilience against economic volatility and other external risks, international experts said at a capital markets conference in Mexico City today.

Participants of the Government Borrowers Forum (GBF), held from June 4-6 in Mexico City, discussed how innovations in technology, fixed income markets, and other areas can be used to build resilience against risks and channel funding toward important sectors such as climate finance and infrastructure.

Now in its 37th year, the GBF is a forum for senior officials of countries issuing in international capital markets and treasurers of multilateral development banks to share debt management experiences, and exchange views on capital markets topics of common interest. Each year, about 80 to 100 senior debt managers from around the world attend. This year's GBF was hosted by Mexico's Ministry of Finance and Public Credit and organized in partnership with the World Bank Treasury, which hosts the GBF Secretariat. It marks the first time that the Forum returns to Latin America since it was last hosted by Colombia in 2014. Participants from 31 countries attended, spanning the globe from England and the United States to the Philippines and South Africa.

World Bank Vice President and Treasurer Arunma Oteh said: "This long-standing forum brings together debt managers and other public finance managers for a very candid discussion on shared challenges and opportunities. This year's GBF was particularly timely, given the rapidly changing environment in which we all operate. From harnessing new technologies for financial management to developing new ways to mobilize finances for sustainable investments, public debt managers face a uniquely challenging global context—and one that also offers important opportunities to change the way we operate to build more resilient economies."

Speakers at the 2018 GBF also included Mexico's Minister of Finance, Jose Antonio Gonzalez Anaya; Mexico's Deputy Finance Minister, Miguel Messmacher; the Head of Mexico's Debt Management Office, Juan Pablo Newman; World Bank Vice President for Latin America and the Caribbean, Jorge Familiar; and senior officials and private sector representatives from around the world.


Latest Press Release

Fitch Rates EXIM#s USD300 Million Senior Notes Final #BBB+#

Fitch Ratings has assigned Export-Import Bank of Thailand's (EXIM, BBB+/Stable) USD300 million five-year senior unsecured notes a final rating of 'BBB+'. The notes were issued under the bank's USD1.5 billion medium-term note (MTN) programme. The...

คอร์สเทรดหุ้นด้วยกราฟแท่งเทียนแบบพื้นฐาน Candlestick basic trading class

ใช้พื้นฐานแท่งเทียนเทรดหุ้น ประกอบกับเทคนิคอื่นๆ Basic candlestick trade with other technical แบบฝึกหัด Workshop...

MBAex Partnership Amplifies Global Access to Kinesis Money

MBAex, the largest blockchain assets trading platform in Southeast Asia with over 1.3 million users, has announced a Memorandum of Understanding (MOU) with Kinesis Money. The partnership is in line with MBAex's vision to promote the use of blockchain...

Beacon VC invests in InstaReM ASEANs leading cross-border payments fintech startup

Beacon VC has joined hands with a number of international investors in a THB1.5-billion investment inInstaReM – a leading fintech startup that provides cross-border payment service to individuals and enterprises in more than 40 countries. This...

KTC launches Shop with Worthwhile Deals campaign with up to 16% cash back.

Mr. Nattasit Soontranu, Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited, reveals promotions for the Supermarket category for the year end that KTC has partnered with leading supermarkets including Big C (Big C...

Related Topics