Guidelines for Investing PRG, RS, PRG-HIPC, and CCR Trusts' Assets
Policy Papers, May 7, 2025
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- Guidelines for Investing PRG, RS, PRG-HIPC, and CCR Trusts' Assets
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Bibliographic details
- Published: May 7, 2025
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798229010405.007
Overview and Purpose
- The Guidelines for Investing PRG, RS, PRG-HIPC, and CCR Trusts’ Assets (the “Guidelines”) establish the investment objectives and policies to guide the investment of investable assets of the Resilience and Sustainability Trust (RST), in addition to the PRG, PRG-HIPC, and CCR Trusts.
- The Guidelines were adopted on April 13, 2022 in the context of the Board’s consideration of the Proposal to Establish a Resilience and Sustainability Trust.
- The Guidelines were amended by the Executive Board on October 15, 2024 in the context of the Board’s consideration of the 2024 Review of the Poverty Reduction and Growth Trust Facilities and Financing—Reform Proposals.
- The amended Guidelines are included in this document and replace the Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets adopted on April 13, 2022.
Key Subjects and Scope
- Subject areas covered: Bank deposits, Corporate bonds, Credit ratings, Currencies, Financial institutions, Financial services, Money, Sovereign bonds.
- Keywords included: amended Guidelines, asset class, Bank deposits, buy-and-hold investment approach, Corporate bonds, Credit ratings, Currencies, Emerging and frontier financial markets, Global, IMF's transparency policy, investment objective, Sovereign bonds, target asset allocation, Trust assets.
- Trusts covered explicitly: RST (Resilience and Sustainability Trust), PRG, PRG-HIPC, CCR Trusts.
Summary Findings and Institutional Actions
- Adoption date of original Guidelines: April 13, 2022.
- Amendment date by Executive Board: October 15, 2024.
- Purpose reiterated: to establish investment objectives and policies for investable assets of the RST, and for PRG, PRG-HIPC, and CCR Trusts.
- The amended Guidelines supersede the prior Guidelines adopted on April 13, 2022.
Source: Guidelines for Investing PRG, RS, PRG-HIPC, and CCR Trusts' Assets, Policy Paper No. 2025/019, May 7, 2025 — https://www.imf.org/en/publications/policy-papers/issues/2025/05/08/guidelines-for-investing-prg-rs-prg-hipc-and-ccr-trusts-assets-566742
Content in this bundle
- Policy Paper