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February 2002
 Borrowing requirements by governments to finance their budget deficits are met, in large part by funds raised on financial markets. Debt management techniques and policies can influence substantially the functioning of capital markets and the development of new financial instruments. As a consequence of globalisation, cross-border government borrowings have become more significant. Government debt instruments attract both institutional and retail investors and have an important share in the portfolios of fund managers.
The focus of the present publication is to provide comprehensive quantitative information on marketable central government debt instruments in twenty-nine OECD countries, the Slovak Republic not currently being included in the statistics. The coverage of the data is limited to central government debt issuance and excludes therefore state and local government debt and social security funds.
Statistics are derived from national sources based on a questionnaire prepared under the auspices of the OECD Working Party on Government Debt Management. Concepts and definitions are based, where possible, on the System of National Accounts. Individual country data are presented in a comprehensive standard framework to facilitate cross-country comparison. Accompanying country notes describe the details of debt instruments in each country, provide information on the institutional and regulatory framework as well as on selling techniques of debt instrument.
This publication benefited from the work of the Financial Statistics Unit but could not have been accomplished without the contribution of OECD Member countries. It is published on the responsibility of the Secretary General of the OECD.
For further information, download the table of contents and introduction in pdf format.
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