Technical Assistance for Government Debt and Infrastructure Finance - Ecuador

The Debt Resident Advisor is providing technical assistance to Ministry of Economy and Finance (MEF) officials who have responsibility for capital market development, and public debt issuance and management; and to coordinate these efforts with other public and private sector capital market stakeholders.

OTA intends to provide assistance to achieve the following objectives: Reforms to the legal and regulatory framework and regime for government securities and capital market conduct; Sufficient funding of deficits and investment through the predictable, transparent, issuance of standardized government securities in the domestic capital market; Increased secondary market liquidity through introduction of benchmark government debt securities, extension of the yield curve, use of repurchase agreements, and organization of market intermediaries; Safe, efficient securities auction, trading, settlement and registry functions and infrastructure; and a strong capacity for debt strategy development, risk analysis and management, approval and management of guarantees, liability management operations, market communications, and debt recording and reporting.