Cap. 575 Art. 32Portfolio management and other operations. 12 [CAP.

(1) The Government may engage into portfolio management operations including buybacks, switches, pre-payments and pre-financing operations. The Government may engage into repurchase (repos) and reverse repurchase (reverse repos) based on a AND MANAGEMENT OF PUBLIC DEBT 575.

Master Repurchase (Repo) Agreement with financial institutions as part of cash management operations. The Government may further engage in a securities lending facility to support debt market development and other forms of collateralised lending.

(2) The Minister shall have the power to authorise any portfolio management and other operations as referred to in sub-article (1), which may be delegated to the Treasury Department to undertake specialised debt management operations.