Gregory Smith, emerging markets fund manager at M&G Investments, speaks to Burhan Khadbai, head of content at OMFIF’s Sovereign Debt Institute, about the refinancing risks that African sovereigns are facing with a wall of bonds set to mature over the next few years. Smith talks about where the risks are most concentrated and the difficulty
Africa: refinancing risks and debt distress Read More »
With strains on the public purse and the need to keep the UK’s risk premium down after September 2022’s reckless mini-budget, Chancellor of the Exchequer Jeremy Hunt had limited room for largesse in his 15 March budget. There were some welcome pro-growth measures to help the supply-side of the economy. But while he patched a
UK budget: the hardest debt decisions await Read More »
As our reliance on digital infrastructure grows, the dangers posed by more frequent and sophisticated cyberattacks grow too. Nataraj Nagaratnam, chief technology officer at IBM, joined Lewis McLellan, editor of OMFIF’s Digital Monetary Institute, to discuss the growing risks to our financial ecosystem and the tools that cloud providers can offer to help mitigate them.
Cybersecurity and cloud migration Read More »
Pedro Duarte Neves, adviser for the board of directors of Banco de Portugal, joins Katerina Atkins, programme coordinator at OMFIF’s Sustainable Policy Institute, to discuss the critical topic of dealing with climate risks for financial stability. They share insights into the complexities surrounding the shift towards a low-carbon economy and the role played by central
Climate change risks for financial stability Read More »
Public finance management systems are a means of delivering development outcomes through a governance system, so assuring that fund disbursements are impactful is crucial. The inability of current systems to accurately measure and track key indicators creates operational challenges and overcoming them is critical in facilitating effectual public good. Representatives from USAID and EY join
Ensuring impactful fund disbursements for efficient public good Read More »
Margarita Delgado, deputy governor of Banco de España, speaks to Emma McGarthy, head of OMFIF’s Sustainable Policy Institute, on the role of central banks in efforts to bring women into leadership positions in the financial sector. They discuss the policies and frameworks required, the initiatives and strategies implemented by Banca de España to close leadership
How central banks can drive gender equality Read More »
Markus Stix, managing director at the Austrian Treasury, speaks to Burhan Khadbai, head of content at OMFIF’s Sovereign Debt Institute, about the launch of the world’s first short-term sovereign green bond programme. Stix talks about the reception of Austria’s first rollover of green Treasury bills, plans to issue green commercial paper and how the Treasury
How Austria is breaking ground with green T-bills Read More »
Though the battle to rein in inflation continues in most major economies, monetary authorities are now beginning the much more uncertain process of quantitative tightening. As central banks drain liquidity from the financial system and unwind their balance sheets, what impact will this have on markets and government financing? Which markets will be particularly sensitive
Even as its liquidity provision passes its 25th year, the Bank of Japan looks unlikely to tighten monetary policy in step with other central banks until deflation is beaten and the Ministry of Finance can end its reliance on ultra-low yields to control government debt costs. Neither of these looks likely to happen in the
The Bank of Japan’s yield target tensions Read More »
There are myriad digital currency payment projects that offer efficient settlement within their networks, often improving speed and lowering costs relative to incumbent systems. One such project, the Universal Digital Payments Network, which was launched last month in co-operation with GFT, goes further and promises to deliver interoperability between digital currencies and their respective systems.
A solution for stablecoin and CBDC interoperability Read More »
