Public Debt Management Agency to centralise government debt issuance and management, streamlining securities issuance and payment obligations. Establishes a Public Debt Management Agency under Central Government superintendence to minimise long-term cost and risk of public borrowing, vesting management in a Board of executive and nominee members with a Chief Executive Officer. The Agency's functions include collecting and publishing public debt information, purchasing, re-issuing and trading Government securities, undertaking necessary debt-management transactions, issuing Government securities on behalf of the Central Government, maintaining a register of holders, making payments to security holders per terms, and benefiting from a tax exemption, with the Central Government empowered to prescribe rules and issue directions.