Finance staff, new chief financial officers, and those who are responsible for their entity’s debt management.
It is essential for members of a government’s finance office to be aware of the credit rating process and have a clear understanding of the criteria used when an agency produces a rating for your entity. This course will discuss the relationship between issuers and rating agencies, an overview of the criteria used to determine a credit rating, and tips on making the best rating agency presentations. The course will also discuss the use of credit enhancements, including letters of credit and bond insurance.
Provide a general overview of the debt market and the components that should comprise your debt management program.
- Help governments understand best practices in various segments of debt management.
- Review the roles and responsibilities of internal and external staffs
- Understand issuer disclosure responsibilities
- Recognize the criteria used by rating agencies and how to develop appropriate presentations
GFOA Best Practices, Governmental Debt Management