The OECD Sovereign Borrowing Outlook is one of the activities of the OECD Working Party on Debt Management, incorporated in the programme of work of the Bond Markets and Public Debt Management Unit within the OECD Directorate for Financial and Enterprise Affairs. This Outlook was prepared by the OECD Bond Markets and Public Debt Management Unit; Fatos Koc (Head of the Unit), Gary Mills (Statistician), and Shai Somek (Project assistant). Emanuele Properzi (intern) and Gulgun Arikan (intern and consultant) co authored and provided technical support on the global sovereign bond data in Chapters 2 and 3. Pamela Duffin (Communications Manager) and Liv Gudmundson (Publications and Editorial Lead) supported the team with publishing guidance and editorial support.
A number of OECD colleagues provided feedback: Robert Patalano (Head of the Financial Markets Division) on Chapters 1 and 3; Catriona Marshall (Economist) on Chapter 2; Nigel Pain (Head of the Macroeconomic Policy Division) on Chapter 3; Alvaro Pina (Senior Economist) on Chapter 1; Enes Sunel (Economist) on Chapters 1 and 3, and; Arthur Minsat (Head of Unit) on Chapter 3. The following members of the Working Party on Debt Management provided valuable feedback: Grahame Johnson (Chair, Advisor to the Governor, Central Bank, Canada); Rob Nicholl (Chief Executive Officer, Office of Financial Management, Australia); Sir Robert Stheeman (Chief Executive; UK Debt Management Office), and; Teppo Koivisto (Director of Finance, Treasury, Finland) on Chapters 1 and 2; Cristina Casalinho (Vice‑Chair, CEO, Treasury and Government Debt Agency, Portugal); Davide Iacovoni (Director General; Ministry of Economy and Finance, Italy); Frederick Pietrangeli (Director, Office of Debt Management, US Treasury); and, Tomoya Yamashita (Director for Debt Management and JGB Investor Relations; Ministry of Finance, Japan) on Chapter 1; Patricio Sepulveda Carmona (Head of the Debt Office; Ministry of Finance, Chile) and Victor Gonzalez (Senior Advisor of the Public Debt Office, Ministry of Finance, Chile) on Chapters 2 and 3; Maria Del Carmen Bonilla Rodriguez (Head of the Public Credit Unit; Ministry of Finance and Public Credit, Mexico) on Chapter 3; Eldridge Katzenbach (Senior Debt Manager, Office of Debt Management, US Treasury) on Chapter 1; and, Philippe Garrau (Financial Officer, European Commission) on Chapter 1. TCX Fund supported the survey study on ‘Approaches to incorporating Environmental, Social and Governance (ESG) factors into public debt management’ among non-OECD countries, Harald Hirschhofer (Senior Advisor, TCX Fund) and Axel Racowski (Vice President, Rothschild & Co) provided comments on the draft survey.