The Ministry of Economy and Finance – Treasury Department, the Organization for Economic Cooperation and Development and the World Bank announce the launch of the new release of the “Public Debt Management Network” website (PDM Network), available at the address www.publicdebtnet.org.
This initiative aims to foster an organised and regular circulation - in both advanced and less advanced countries - of information on all topics regarding sovereign debt management. The Italian Ministry of Economy and Finance is the sole working together with the two prestigious multilateral Institutions to implement this unique initiative, this representing an international recognition about its experience in managing public debt and in processes innovation applied in this field by Italy.
The PDM Network promotes also the international dialogue among sovereign debt managers and other Institutions, as well as academics, experts and the general public. The PDM Network website aims to become a useful source for the most important aspects relating to sovereign bonds markets trends and sovereign debt management strategies, with a particular attention to the internationally agreed best practices.
Since its start in 2004, the PDM Network remains an original and unique initiative in the field of international cooperation between governments and super-national institutions.
When accessing the website, users have at their disposal a rich documentation area on issues relating to public debt management policies. Topics are structured according to the main tasks a debt manager may be involved in: the definition of the goals of the debt strategy, the relationship with financial markets, the compliance with the domestic and international legal context, the need to assure transparency in order to develop and maintain credibility towards investors, the coherence with the macroeconomic policy framework and, finally, the adherence to the international best practices in this field.
The What's new section of the website contains a daily selection of News on public debt markets from authoritative online newspapers and info providers, as well as the most recent research papers, reports, events and courses, selected from most important academic and financial internet sources.
Website subscribers receive by email the weekly newsletter “Emerging Sovereign Debt Markets News” with news selected by the PDM Secretariat from the Thomson Reuters EIKON © information services, and the bimonthly “PDM NETWORK Newsletter”, which collects papers, reports, courses and other events concerning public debt management, regularly uploaded by the PDM Network Secretariat in the website www.publicdebtnet.org.
Here following some data on website performance.
More than 600 experts are currently subscribing the weekly and bimonthly newsletters. Subscribers come from more than 110 countries belonging to all geographical areas.
Charts below show the current subscriber distribution according to their affiliation and geographical origin
The website is open also to internet users: in 2016, the website registered about 100,000 visits and 1.3 millions of visited pages.
The website offers to all those interested in sovereign debt management topics a significant amount of papers and news (up to now, more than 3,300 publications and reports and about 25,000 news), continuously updated, also thanks to information coming from experts subscribing the PDM Network.