1Effective May 1, 2002 the proportion of
the basic rate of charge is equal to 128.0 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 ended April 30, 2002, these adjustments reduced the rate
of remuneration by 12 basis points and increase the rate of charge by 11 basis points.
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