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Annual Report - 2003 Table of Contents (85kb) Introduction (100kb) Part A: Debt Management Unit, Debt Management Policy Goals, and Tools for Implementation (160kb) Part B: Developments in the Domestic Government Bonds Market and in the Global Bonds Markets in 2003 (885kb) Part C: Debt Management and Deficit Financing (820kb) Part D: The Reform in the Government Bonds Market (110kb) Part E: The State's Credit Rating and the Improvements in the Government's Domestic Bonds Auctions (130kb) Part F: Reforms in Pensions and in the Taxation of the Capital Market (265kb) Appendices (335kb) Full version (2.25mb)

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