{
  "title": "Press Release: IMF Signs US$10 Billion Note Purchase Agreement with Brazil",
  "publication": "IMF News, January 22, 2010",
  "sourceUrl": "https://www.imf.org/en/news/articles/2015/09/14/01/49/pr1014",
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  "summary": "Press Release No. 10/14",
  "publishDate": "2010-01-22",
  "sections": [
    {
      "heading": "Agreement summary",
      "content": "- Press Release No. 10/14\n- Date: January 22, 2010\n- The International Monetary Fund (IMF) and Brazil signed an agreement under which Brazil would purchase up to US$10 billion in IMF notes over a period of up to two years.\n- The note purchase agreement follows the endorsement by the Executive Board on July 1, 2009 of the framework for issuing notes to the official sector (see Press Release No. 09/248).\n- The Brazilian authorities had already expressed their intention to invest in IMF notes (see Press Releases No. 09/248 and No. 09/207)."
    },
    {
      "heading": "Purpose and impact",
      "content": "- Provides Brazil with a safe investment instrument.\n- Boosts the Fund’s capacity to help its members to weather the global financial crisis.\n- The Fund can add these resources to those already available through agreements signed with other members.\n- These increases in Fund resources were requested in April 2009 by G-20 leaders and the International Monetary and Financial Committee (IMFC)."
    },
    {
      "heading": "Key figures and dates",
      "content": "- US$10 billion — maximum amount Brazil would purchase.\n- Up to two years — duration of the purchase period.\n- July 1, 2009 — Executive Board endorsement of the framework for issuing notes to the official sector.\n- April 2009 — timing of the request by G-20 leaders and the IMFC for an increase in Fund resources.\n\nSource: Press Release No. 10/14, International Monetary Fund, January 22, 2010.\n\n---\n\n Content in this bundle\n\n- 010810pdf (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- Brazil and the IMF\n- Press Releases\n- PRESS CENTER\n- No. 09/248\n- No. 09/207\n- agreements\n- International Monetary and Financial Committee\n- http://www.imf.org/external/np/exr/facts/imfnotes.htm\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr1014"
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    "Published: January 22, 2010",
    "Press Release No. 10/14",
    "Date: January 22, 2010",
    "The International Monetary Fund (IMF) and Brazil signed an agreement under which Brazil would purchase up to US$10 billion in IMF notes over a period of up to two years.",
    "The note purchase agreement follows the endorsement by the Executive Board on July 1, 2009 of the framework for issuing notes to the official sector (see Press Release No. 09/248).",
    "The Brazilian authorities had already expressed their intention to invest in IMF notes (see Press Releases No. 09/248 and No. 09/207).",
    "Provides Brazil with a safe investment instrument.",
    "Boosts the Fund’s capacity to help its members to weather the global financial crisis.",
    "The Fund can add these resources to those already available through agreements signed with other members.",
    "These increases in Fund resources were requested in April 2009 by G-20 leaders and the International Monetary and Financial Committee (IMFC).",
    "US$10 billion — maximum amount Brazil would purchase.",
    "Up to two years — duration of the purchase period.",
    "July 1, 2009 — Executive Board endorsement of the framework for issuing notes to the official sector.",
    "April 2009 — timing of the request by G-20 leaders and the IMFC for an increase in Fund resources.",
    "[010810pdf (PDF)](/-/media/websites/imf/imported/external/np/pp/eng/2010/_010810pdf.pdf){rel=\"external\" type=\"application/pdf\"}",
    "[Brazil and the IMF](http://www.imf.org/external/country/BRA/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[No. 09/248](https://www.imf.org/external/np/sec/pr/2009/pr09248.htm)",
    "[No. 09/207](https://www.imf.org/external/np/sec/pr/2009/pr09207.htm)",
    "[agreements](https://www.imf.org/external/np/exr/faq/contribution.htm)",
    "[International Monetary and Financial Committee](https://www.imf.org/external/np/sec/pr/2009/pr09139.htm)",
    "[http://www.imf.org/external/np/exr/facts/imfnotes.htm](https://www.imf.org/external/np/exr/facts/imfnotes.htm)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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