Charges and Maturities-Proposals for Reform

Nopic
This paper focuses on two key features of the financial terms and maturities of high access to the Fund’s General Resources Account (GRA): surcharges and time-based repurchase expectations. Surcharges, which together with the adjusted rate of charge determine the cost of high access to Fund credit, currently vary across facilities and are linked... READ MORE...

Publication date: December 2008
ISBN 9781498333887
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Publication date: December 2008

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