Decision of October 11, 2024 Delegating Signature Authority for the Public Debt Fund
Summary
The decision of October 11, 2024 delegates signature authority for the Public Debt Fund to certain individuals. This delegation is made for the purpose of carrying out operations related to the management of the public debt.
Details
Scope of Delegation
The delegation of signature authority covers operations related to:
- Issuance and redemption of treasury bills and government bonds
- Management of cash inflows and outflows
- Payment of interest and principal on the public debt
- Negotiation of financial instruments
- Other operations as specified in the decision
Delegated Individuals
The following individuals are delegated signature authority:
- The Director of the Public Debt Fund
- The Deputy Director of the Public Debt Fund
- The Head of the Issuance and Redemption Department
- The Head of the Cash Management Department
- The Head of the Interest and Principal Payment Department
Conditions and Limitations
The delegation of signature authority is subject to the following conditions and limitations:
- The delegated individuals must act in accordance with the laws and regulations governing the management of the public debt.
- The delegated individuals must obtain the prior approval of the Minister of Finance for certain specified operations.
- The delegated individuals are responsible for the proper execution of their duties.
Purpose of Delegation
The delegation of signature authority is intended to streamline the operations of the Public Debt Fund by empowering certain individuals to sign documents on behalf of the Fund. This will enhance efficiency and expedite decision-making.
Effective Date
The delegation of signature authority becomes effective on October 12, 2024.
Décision du 11 octobre 2024 portant délégation de signature pour la Caisse de la dette publique
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