Hugo M. A. Castro H. Email and Phone Number

Responsible for analyzing, proposing, and supervising liability management strategies for the Federal Government. The main objective is to ensure the proper functioning of the agreed-upon operations and determine the theoretical market value of derivative positions taken. Mathematical financial models are used, along with financial instruments, derivatives, and hedging strategies, to manage risks associated with government revenues.- Actively participate in the negotiation, execution, and monitoring of international liability management operations for the Federal Government, collaborating closely with other teams and entities involved.- Conduct thorough analysis and accurate assessments of the risks to which the public debt is exposed in the international arena. Additionally, evaluate and select various available financial hedging instruments based on rigorous analysis using widely accepted international financial modeling. - Analyze external liability management proposals in detail, promptly identifying risks that affect the Federal Government's debt portfolio behavior. Based on this analysis, determine the viability and suitability of implementing such proposals.- Efficiently coordinate the design and development of financial models, utilizing sensitivity measurements of the Federal Government's debt portfolio to possible market variable movements. These models allow for the evaluation of associated risks and the selection of the most appropriate instruments for liability management operations.- Rigorously supervise the updating and calibration of developed models, ensuring compliance with international market criteria and generating reliable and accurate results.

Responsible for proposing strategies for accessing the local debt market through primary auctions and syndicated auctions of government securities. The main objective is to achieve optimal debt placement and secure financing on favorable terms for the Federal Government. To accomplish this, the incumbent utilizes analysis models, mathematical and financial techniques, as well as quantitative analysis and statistical metrics to evaluate and enhance various activities related to market risks in domestic debt issuance.- Propose strategies for accessing the local debt market through primary auctions and syndicated auctions of government securities, aiming to achieve efficient and optimal debt placement that meets the financing needs of the Federal Government.- Evaluate and propose analysis models using various mathematical and financial techniques to improve the efficiency of activities related to market risks in domestic debt issuance.- Analyze the implementation of liability management exercises in the local market, seeking to increase liquidity and efficiency of yield curves for the Federal Government. This is done to moderate the maturity profile of domestic market debt.- Align strategies related to Federal Government liability management in the local market through market operations such as swaps, repurchases, and debt exchange. These actions are based on a thorough analysis of prevailing market conditions, with the goal of improving the Federal Government's maturity profile.- Evaluate the impact of financing strategies on the domestic debt portfolio through quantitative analysis and statistical metrics. This is done to meet the financing needs of the Federal Government and ensure efficient compliance.

From March 2022 to December 2022, I served as Interim General Director of Financial Operations, awaiting the hiring of a qualified public official with at least 12 years of relevant experience. During this time, I also led the operations of the government's local and international markets, in collaboration with the Head of the Public Credit Unit.

Advanced Seminar in Mathematical Economics (MSc program) - Dr. Saul Mendoza Palacios

Developing Econometric Models for Public Policy Evaluation

- Macroeconomics- Microeconomics- Differential Equations- Quantitative Methods- Economic Engineering- Formulation and Evaluation of Projects

- Macroeconomics- Microeconomics- Differential Equations- Differential Calculus- Quantitative Methods- Economic Engineering- Formulation and Evaluation of Projects- Financial Management- Newtonian Physics- Chemistry- Production Management- Business Intelligence