Public debt management agency to centralize securities issuance and trading, accept government directions and enjoy tax exemption. Establishes a Public Debt Management Agency under the general superintendence of the Central Government, governed by a Board chaired by a CEO, empowered ... Summary
Public debt management agency to centralize securities issuance and trading, accept government directions and enjoy tax exemption.
Establishes a Public Debt Management Agency under the general superintendence of the Central Government, governed by a Board chaired by a CEO, empowered to collect and publish public debt information, purchase, re issue and trade Government securities, undertake other debt management transactions, be entrusted with issuance of Government securities, make payments to security holders per their terms, accept Central Government directions, and be exempt from payment of taxes.
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