The Fund’s Liquidity Position—Review and Outlook
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Summary:
This paper reviews the Fund’s liquidity position. The review covers the Fund’s financial activities for the period September 11, 2009 through March 31, 2010, and also discusses recent developments likely to influence the Fund’s liquidity position. Against this backdrop, it examines the outlook for liquidity using the one-year Forward Commitment Capacity (FCC), the primary measure of the Fund’s liquidity, which is calculated taking into account supplementary resources made available under borrowing arrangements, including note purchase agreements.
Series:
Policy Papers
Subject:
Borrowed resources Borrowed resources use Borrowing by Fund Forward commitment capacity Fund general resources Fund liquidity position General Resources Account Lending commitments by Fund Quotas
English
Publication Date:
April 13, 2010
Format:
Paper
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