Borrowing Agreement with Banco de Portugal

Date: November 30, 2009
Electronic Access: Full text

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, Banco de Portugal agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 1.06 billion, on the terms and conditions set out in this paper.

Series : Policy Paper
Subject(s): Borrowing agreements | Portugal | Banco de Portugal | Borrowing by Fund | Fund general resources | Borrowed resources use | Executive Board decisions | Lapse of time approval