RUDN Journal of EconomicsRUDN Journal of Economics2313-23292408-8986Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)11946Research ArticleNational debt management in modern RussiaPonomarenkoE Velponomarenko@yandex.ruPeople’s Friendship University of Russia15052012S5829012092016Copyright © 2016, Economics2016The article considers the range of issues dealing with debt sustainability and the structure of public debt, its management issues in Russia, the search for the effective tools and mechanisms for public debt management at different stages of its development in terms of market relations as well as prospects of the government securities market development in Russia.debtexternal and internal public debttotal debtdebt sustainabilitygovernment bondsgovernment securities marketдолговые обязательствавнешний и внутренний государственный долгсовокупный долгдолговая устойчивостьоблигации государственного займарынок государственных ценных бумаг