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The textbook reveals the main provisions of the theory of public debt management and the peculiarities of their implementation in practice. It defines the principles of public debt functioning and its classification, examines the essence and structure of the debt management system and the mechanism of its functioning, and considers foreign experience in the formation, servicing and repayment of public debt. Each topic is accompanied by a list of control questions that should stimulate students' independent work, and the textbook concludes with a list of recommended readings and a list of regulatory documents governing public debt management. The textbook is intended for students of economic specialities of higher education institutions, postgraduate students, teachers, and researchers. The textbook will also be useful for practitioners.