Borrowing Agreement with the Czech National Bank


Date: March 15, 2010
 
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 (the “Fund”), and with a view to supporting the Fund’s ability to provide timely and effective balance of payments assistance to its members, the Czech National Bank agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 1.03 billion, on the terms and conditions set out in this paper.

 
Series : Policy Paper
Subject(s): Borrowing agreements | Czech Republic | Central banks | Borrowing by Fund | Fund general resources | Borrowed resources use | Executive Board decisions | Lapse of time approval