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....r of the Agency; (4) "executive member" means a member of the Board, not being a nominee member, who is responsible for the day-to-day management and functioning of the Agency; (5) "Government security" means a security that is created and issued by the Central Government; (6) "nominee member" means a member of the Board, nominated under sub-section (3) of section 123; (7) "notificatio....

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....mpower the Central Government to establish an Agency called Public Debt Management Agency with a view to minimising the cost of raising and servicing public debt over the long-term within an acceptable level of risk at all times under the general superintendence of the Central Government; (b) to provide that the general superintendence, direction and management of the affairs and business of th....