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E. The financing strategy is designed to ensure that government can meet its borrowing requirement at reasonable costand without compromising efficient functioning in the domestic

E. “The financing strategy is designed to ensure that government can meet its borrowing requirement at reasonable cost…and without compromising efficient functioning in the domestic bond market.”

F. “Government will consider issuing bonds across a range of maturities over the yield curve.”

In the Budget Review 2021 it is stated that “…the National Treasury’s prudent debt management strategy has enabled government…”

2.4 In (E) above you find two other objectives of a prudent debt management strategy. What are those two? Explain how the first objective can be achieved. A clue can be found in (F) above. Continue by explaining the second objective recognized in (E).

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