## BPM7 Annex 1. Exceptional Financing Transactions: Annotated Outline

## Source details

**Canonical URL:** [BPM7 Annex 1. Exceptional Financing Transactions: Annotated Outline](https://www.imf.org/-/media/files/data/statistics/bmp7/chapters/ao-bpm-ann-1.pdf)

## Other formats

- [Markdown version](/-/media/files/data/statistics/bmp7/chapters/ao-bpm-ann-1.pdf.md)
- [Structured JSON version](/-/media/files/data/statistics/bmp7/chapters/ao-bpm-ann-1.pdf.json)

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### Overview
- Purpose: Focus on the identification of exceptional financing transactions, updating BPM6 Appendix 1.
- Structure: Separate sections on introduction (Section I), transfers (Section II), debt-for-equity swap (Section III), borrowing for balance of payments support (Section IV), debt rescheduling or refinancing (Section V), debt prepayment and debt buyback (Section VI), and accumulation and repayment of debt arrears (Section VII).
- Note: See the Schematic Overview for details.
- Change policy: Although no significant changes will be introduced, some adjustments may be made to improve the consistency of the language with other macroeconomic statistics manuals (e.g., 2025 SNA) as appropriate.
- Authorship and clearance:
  - Prepared by Jannick Damgaard (BPM editor)
  - Cleared by Carlos Sánchez-Muñoz (BPM Project Manager)

### Schematic Overview (Section breakdown)
- I  Introduction
- II Transfers
  - Debt Forgiveness
  - Other Intergovernmental Transfer
- III Debt-for-Equity Swap
- IV Borrowing for Balance of Payments Support
- V Debt Rescheduling or Refinancing
- VI Debt Prepayment and Debt Buyback
- VII Accumulation and Repayment of Debt Arrears
  - Accumulation of Arrears—Current Period
  - Repayment of Arrears

### References
- BPM6, Appendix 1: Exceptional Financing Transactions

### Key stakeholders consulted
- Balance of Payments Task Team
- System of National Accounts Lead Editor

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_Source: https://www.imf.org/-/media/files/data/statistics/bmp7/chapters/ao-bpm-ann-1.pdf_