Borrowing Agreement with the Bank of Finland

Date: March 11, 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 Bank of Finland agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 1.3 billion, on the terms and conditions set out below.

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