Sovereign Investor Relations: From Principles to Practice
51 Pages Posted: 30 Oct 2020
Date Written: September 2020
This paper defines sovereign investor relations (IR) and places it in the context of modern debt management theory. It highlights the role that improvements in IR and debt transparency can play in improving the cost-risk tradeoff in debt management, supporting market access and acting as a first line of defense in times of crisis. It sets out a policy framework and institutional arrangements for effective IR, as well as discussing the various practices, publications and strategies that underpin an IR program.
Keywords: Government debt management, Debt management, Public debt, Communications in revenue administration, Debt strategy, WP, IR staff, debt manager, IR strategy, non-resident investor, IR function
JEL Classification: G11, G32, H63, H20, F34
Suggested Citation: Suggested Citation