In this context, NCBs have been fully involved in the development of the Eurosystem’s infrastructure and in the implementation of monetary policy, thereby contributing their valuable expertise and experience in running the daily tasks and operations of a central bank. In particular, NCBs play an important role in Eurosystem tasks that require a high degree of specialised expertise.
iv)  The BOU is working closely with Ministry of Finance, Planning and Economic Development to improve the predictability of government debt issuance through the introduction of a bond calendar and to further improve market liquidity by issuing benchmark bonds. v)  The consultative process on debt market reforms is still ongoing.