## Annual Update on SDR Trading Operations

_Policy Papers, September 27, 2024_

## Source details

**Canonical URL:** [Annual Update on SDR Trading Operations](https://www.imf.org/en/publications/policy-papers/issues/2024/09/27/annual-update-on-sdr-trading-operations-555689)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2024/09/27/annual-update-on-sdr-trading-operations-555689/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2024/09/27/annual-update-on-sdr-trading-operations-555689/index.json)
- [Bundle manifest](/en/publications/policy-papers/issues/2024/09/27/annual-update-on-sdr-trading-operations-555689/bundle-manifest.json)

## Bibliographic details
- Published: September 27, 2024
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400288630.007

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### Summary and Scope
- This paper provides an update on the status of the SDR trading market and operations.
- For more than three decades, SDRs have exclusively been exchanged for freely usable currencies in transactions by agreement, primarily through the Voluntary Trading Arrangements (VTAs).
- A small fraction of transactions by agreement—sales or acquisitions of SDRs—has been arranged directly between parties.
- VTAs are bilateral arrangements between the Fund and SDR department participants or prescribed holders, in which the VTA participants agree to buy and sell SDRs within certain limits.
- The paper covers SDR trading operations during the period September 2023 to August 2024.

### Key Themes and Technical Focus
- Asset and liability management
- Currencies and Freely usable currencies
- Financial services and Liquidity
- International trade and Money
- SDR interest rate and Trading arrangements
- SDR amount, SDR department participant, SDR sale, SDR trading capacity

### Access and Related Items (as listed on the page)
- Related Links: Special Drawing Rights (SDRs) -- A Factsheet
- Availability: Download PDF; More Formats on IMF eLibrary; Order a Print Copy

*International Monetary Fund. Annual Update on SDR Trading Operations (Policy Paper No. 2024/043), September 27, 2024.*

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## Content in this bundle

- **Policy Paper**
  - [Policy Paper (Markdown version)](/-/media/files/publications/pp/2024/english/ppea2024043.pdf.md){rel="alternate" type="text/markdown"}
  - [Policy Paper (PDF)](/-/media/files/publications/pp/2024/english/ppea2024043.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2024/09/27/annual-update-on-sdr-trading-operations-555689_