|
SDR Interest Rate, Rate of Remuneration and Rate of Charge. |
| Week Beginning |
SDR Interest Rate |
Rate of Remuneration2 |
Rate of Charge1,2 |
| October 29 2001 |
2.52 |
2.52 |
2.96 |
| October 22 2001 |
2.56 |
2.56 |
3.01 |
| October 15 2001 |
2.60 |
2.60 |
3.06 |
| October 8 2001 |
2.55 |
2.55 |
3.00 |
| October 1 2001 |
2.67 |
2.67 |
3.14 |
| September 24 2001 |
2.61 |
2.61 |
3.07 |
| September 17 2001 |
2.92 |
2.92 |
3.43 |
| September 10 2001 |
3.30 |
3.30 |
3.88 |
| September 3 2001 |
3.34 |
3.34 |
3.93 |
| August 27 2001 |
3.39 |
3.39 |
3.99 |
| August 20 2001 |
3.37 |
3.37 |
3.96 |
August 13 2001 |
3.42 |
3.42 |
4.02 |
August 6 2001 |
3.48 |
3.48 |
4.09 |
1Effective May 1, 2001 the proportion of
the basic rate of charge is equal to 117.6 percent of the SDR interest rate. In light of the decision to use any income in excess of the target to reduce retroactively the rate of charge, these rates may be reduced further at the end of the Fund's financial year.
2The rate of remuneration and the rate of charge are further adjusted under the
burden sharing mechanism. These adjustments are determined retroactively at the end of each
financial quarter. For the quarter ending October 31, 2001, these adjustments are to reduce the rate
of remuneration by 15 basis points and increase the rate of charge by 14 basis points.
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