Emergency notice Emergency notice Emergency notice Emergency notification
The Ministry of Finance invites you to adhere to health and precautionary measures, and in order to preserve your safety, you can use all of our services through the website and the smart application.
The Ministry is not responsible for the translation output by Google
If you find that your search produced too many results, and you want to improve it, you can add other keywords to your search or use a keyword filter that filters the results, in a way to reflect more accurately the information you are searching for.
Federal debt management is a crucial component in maintaining the stability of the UAE’s financial environment and securing the financing requirements of the federal government. The UAE’s Federal Debt Management Office (FDMO) oversees the overall debt management for the UAE Ministry of Finance with the goals of minimising cost and effectively managing risks.
The FDMO was formally established as a directorate within the UAE Ministry of Finance through Decretal Federal Law No (9) of 2018 regarding Public Debt. It is tasked to maintain sovereign debt at sustainable level and raise sovereign funds at the lowest risk and cost. It is the focal point of the federal government for sovereign credit ratings.
The legal framework clearly defines the functions of the FDMO, in accordance with the UAE financial laws and regulations, to ensure prudent and efficient federal debt management, as well as to promote transparency and accountability in all operations undertaken on behalf of the UAE federal government.
Support and develop a highly efficient financial market in the UAE
Provide a federal mechanism for financing infrastructure projects, government financial guarantees, and emergency financial obligations
Provide another level of funding for the federal government to achieve a diversified financing strategy
Provide support to the Central Bank of the UAE to enhance liquidity management within the banking sector
This Decree-Law regulates the general rules governing the issuance and management of Public Debt in accordance with a prudent and safe policy, to manage its risks and minimise its cost.
The duties of the FDMO are implemented through its activities and procedures which focus on achieving sustained funding within acceptable risks and costs, promoting the UAE as a strong credit rating borrower, maintaining communications and relationships with key entities, and promoting the development of the local debt market.
The FDMO is structured across Front, Middle and Back Office functions. This type of structure facilitates both specialisation and effective risk management within the organisation.
The FDMO is taking a hands-on approach on managing the risks in the debt and investment portfolios. It will prepare a medium-term debt strategy (MTDS) covering the next 3 fiscal years, which will address the annual borrowing plan and debt operations. The FDMO risk management policy addresses all key risk types.
Mitigate refinancing risk by managing the maturity profile of debt and asset portfolios so that there is sufficient cash on hand to meet future maturities.
Managing credit risk by ensuring that counterparts are rated at acceptable approved levels, and mitigate exposure through netting and collateralisation.
Mitigate market risk for changes in interest rate, currency and commodity prices by employing asset-liability matching strategies where it is both feasible and cost effective.
Formulate an operational risk management framework that includes a business continuity plan and disaster recovery plan.
Please fill out the application below if you request additional data not available on the site and your application will be followed up by the concerned department
