Hürcan, Yasemin; Koç, Fatoş; Balıbek, Emre - 2020
Maintaining a cash buffer has emerged as a risk management tool for government cash and debt management. During budget …, debt inflows, and debt service. Cash balance management aims to address these mismatches and to ensure availability of … liquidity in government bank accounts. From a debt management perspective, holding an appropriate level of cash balance serves …