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The dynamic Canadian debt strategy model / Nicolas Audet, Joe Ning, Adam Epp, Jeffrey Gao.FB3-1/127-2025E-PDF

"We present a dynamic debt strategy model framework designed to assist sovereign debt portfolio managers in choosing an optimal debt issuance strategy. The model consists of two parts: a simulation engine and a debt issuance optimization engine. The main innovation of this framework is the introduction of dynamic issuance strategies, which allow issuance decisions to vary over time based on the model's simulated state variables. We apply this framework to Canada's specific debt management setting and show that these dynamic strategies, when compared with the deterministic issuance strategies of the original Canadian debt strategy model, bring considerable improvements to the costs and risks of available debt portfolios"--Abstract, page ii.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.954342&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleThe dynamic Canadian debt strategy model / Nicolas Audet, Joe Ning, Adam Epp, Jeffrey Gao.
Series title
  • Technical report = Rapport technique, 1919-689X ; 127
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: August 6, 2025."
  • Includes bibliographical references (pages 21-22).
  • Includes abstracts in English and French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2025.
  • ©2025
Author / Contributor
  • Audet, Nicolas, author.
Description1 online resource (ii, 30 pages) : colour illustrations.
Catalogue number
  • FB3-1/127-2025E-PDF
Subject terms
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