Recent Fall in the SDR Interest Rate--Implications and Proposed Amendments to Rule T-1

Nopic
The SDR interest rate is at historic lows. Under the current Rule T-1, the SDR interest rate is calculated as the weighted average of interest rate instruments in the SDR basket, and stood at just 3 basis points for the week of October 13th. Market rates could decline further, which could reduce the SDR interest rate to zero or negative levels... READ MORE...

Publication date: October 2014
ISBN 9781498342667
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