Borrowing Agreement with the Oesterreichische Nationalbank

Date: January 27, 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 Oesterreichische Nationalbank (“OeNB”) agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 2.18 billion, on the terms and conditions set out in this paper.

Series : Policy Paper
Subject(s): Borrowing agreements | Austria | Austrian National Bank | Borrowing by Fund | Fund general resources | Borrowed resources use | Executive Board decisions | Lapse of time approval