Borrowing Agreement with Danmarks Nationalbank

Author: International Monetary Fund

Volume/Issue: Volume 2009 Issue 029

Publication date:

ISBN:

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This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Money and Monetary Policy , PP , fund , agreement , amount , SDR , business day , indebtedness to Danmarks Nationalbank , fund member , SDR-denominated amount , Interest payments , Currencies , Exchange rate arrangements

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Summary

In light of the multilateral effort to ensure the adequacy of the financial resources available to the International Monetary Fund (the “Fund”), and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, Danmarks Nationalbank agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 1.95 billion, on the terms and conditions set out in this paper.