Borrowing Agreement with the Government of France
Borrowing Agreement with the Government of France
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Volume/Issue:
Volume 2009
Issue 052
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ISBN:
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Banks and Banking , Exports and Imports , Money and Monetary Policy , PP , fund , amount , agreement , indebtedness to France , fund's indebtedness , SDR-denominated amount , Currencies , Interest payments , Freely usable currencies
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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 , and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, France agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 11.06 billion, on the terms and conditions set out in this report.
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