Borrowing Agreement with Banca d'Italia

Date: March 10, 2011
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, Banca d’Italia agrees to lend to the Fund an SDR-denominated amount up to the equivalent of EUR 8.11 billion, on the terms and conditions set out below...

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